# EDGAR Filing Document

**Accession Number:** 0001047304
**File Stem:** 0001047304-25-000528
**Filing Date:** 2025-8
**Character Count:** 258626
**Document Hash:** efd447a927a370cfd506baa7b503d8be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001047304-25-000528.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001047304-25-000528

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO VARIABLE INSURANCE TRUST
- **CENTRAL INDEX KEY:** 0001047304

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08399
- **FILM NUMBER:** 251277436

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 9497204721

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Short-Term Portfolio (Series ID: S000009662)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000026484 | Administrative | VPVSTDV         |
| C000026485 | Institutional  | VPVSTIV         |
| C000081128 | Advisor        | VPVSTAD         |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Variable Insurance Trust

- **b. Investment Company Act file number:** 811-08399

- **c. CIK number of Registrant:** 0001047304

- **d. LEI of Registrant:** 549300KNGHUU7TTJOR56

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Short-Term Portfolio

- **b. EDGAR series identifier (if any):** S000009662

- **c. LEI of Series:** 8GTUKFTYE4CYYGNOAA09

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $670601604.26

**Total Liabilities:** $40613458.96

**Net Assets:** $629988145.30

**Delayed Delivery Securities:** $3400000.00

**Cash Not Reported:** $11545370.27

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 86522.617500 | **1-Year:** 41724.158300 | **5-Year:** 9859.209200 | **10-Year:** 81.885900 | **30-Year:** 0.000000

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

- **3-Month:** 132.463200 | **1-Year:** 385.502500 | **5-Year:** 80.912400 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000026484 | 0.09%                | 0.59%                | 0.46%                |
| Class ID C000081128 | 0.09%                | 0.58%                | 0.45%                |
| Class ID C000026485 | 0.11%                | 0.60%                | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $277640.78               | $-465985.68                                |
| Month 2  | $166640.91               | $377837.01                                 |
| Month 3  | $57718.49                | $1147443.50                                |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** 0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WELLFLEET CLO 2021-1 LTD                                                      | WELF 2021 1A A1R TSFR3M 04/34 5.49348                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1700000.00   | 0.27%             | 2034-04-20      | Floating      | 5.49%                 | No            |                  3 | On Loan: No      |
| DLLST 2024-1 LLC                                                              | DLLST LLC DLLST 2024 1A A2 144A                            | CUSIP: 23346HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    236795 | PA      | $236964.41    | 0.04%             | 2026-01-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO                                                              | WESTERN UNION CO/THE SR UNSECURED 03/26 1.35               | CUSIP: 959802AZ2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |    500000 | PA      | $488385.89    | 0.08%             | 2026-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                            | COOPERATIEVE RABOBANK UA SR UNSECURED 144A 02/27 VAR       | CUSIP: 74977RDK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $391276.65    | 0.06%             | 2027-02-24      | Floating      | 1.11%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL BANQUE FED CRED MUTUEL              | CUSIP: 06675DCL4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1600000 | PA      | $1608122.21   | 0.26%             | 2028-02-16      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                       | HCA INC COMPANY GUAR 02/26 5.875                           | CUSIP: 404119BS7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    603000 | PA      | $603672.58    | 0.10%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 5YR NOTE (CBT) SEP25 XCBT 20250930                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      1822 | NC      | $2063309.50   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-H01                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 H01 FB             | CUSIP: 38383KNN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1543368 | PA      | $1549476.37   | 0.25%             | 2074-01-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| TRITON BOND TRUST 2021-2 IN RESPECT OF SERIES 1                               | TRITON TRUST TRTN 2021 2 A1AU                              | CUSIP: ACI1ZJH47<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | AU        |    562576 | PA      | $369880.39    | 0.06%             | 2053-02-09      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON 1ST MORTGAGE 06/27 4.7                 | CUSIP: 842400HQ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200780.96    | 0.03%             | 2027-06-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| OSCAR US FUNDING XV LLC 2023-1A                                               | OSCAR US FUNDING TRUST OSCAR 2023 1A A3 144A               | CUSIP: 68785CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |    700000 | PA      | $704493.89    | 0.11%             | 2027-12-10      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC                                   | FED CAISSES DESJARDINS SR UNSECURED 144A 01/27 VAR         | CUSIP: 31429KAN3<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |   2200000 | PA      | $2201964.60   | 0.35%             | 2027-01-27      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                         | WELLS FARGO + COMPANY SR UNSECURED REGS 05/27 1.5          | CUSIP: ACI0V7KT0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $579439.22    | 0.09%             | 2027-05-24      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                   | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/25 3.45             | CUSIP: 694308JL2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500000.00    | 0.08%             | 2025-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON SOUTHERN CAL EDISON                    | CUSIP: 842400JA2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201211.45    | 0.03%             | 2027-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5496                                                       | FREDDIE MAC FHR 5496 AF                                    | CUSIP: 3137HHZL8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2193664 | PA      | $2192927.31   | 0.35%             | 2055-01-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON 1ST MORTGAGE 03/28 5.3                 | CUSIP: 842400HU0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1114399.34   | 0.18%             | 2028-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AKTIENGESELLSCHAFT                                              | DEUTSCHE BANK AG 01/26 4.1                                 | CUSIP: 25152R2Y8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $199386.32    | 0.03%             | 2026-01-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                         | UBER TECHNOLOGIES INC COMPANY GUAR 144A 09/27 7.5          | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1312450.53   | 0.21%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT ILS SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $876.86       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TULANE UNIVERSITY                                                             | TULANE LA UNIV TULHGR 02/36 FLOATING VAR                   | CUSIP: 899062BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1847965.74   | 0.29%             | 2036-02-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2019-2                                              | NELNET STUDENT LOAN TRUST NSLT 2019 2A A 144A              | CUSIP: 64034NAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    151164 | PA      | $151161.33    | 0.02%             | 2067-06-27      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2022-4                     | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2022 4 A4             | CUSIP: 36265QAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1508913.00   | 0.24%             | 2028-08-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO RECEIVABLES OWNER TRUST 2023-B                                    | NISSAN AUTO RECEIVABLES OWNER NAROT 2023 B A2B             | CUSIP: 65480MAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     40300 | PA      | $40305.09     | 0.01%             | 2026-05-15      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 03/28 VAR             | CUSIP: 38141GZS6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203875.50    | 0.03%             | 2028-03-15      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-INV2                                          | VERUS SECURITIZATION TRUST VERUS 2023 INV2 A1 144A         | CUSIP: 92540BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    132777 | PA      | $133793.16    | 0.02%             | 2068-08-25      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-A                                       | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 A A1B 144A         | CUSIP: 83207EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    987266 | PA      | $992734.71    | 0.16%             | 2054-04-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                       | BPCE SA 144A 10/26 VAR                                     | CUSIP: 05583JAH5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   2300000 | PA      | $2281423.80   | 0.36%             | 2026-10-06      | Floating      | 1.65%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                            | COOPERATIEVE RABOBANK UA SR UNSECURED 144A 12/27 VAR       | CUSIP: 74977RDL5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $964772.93    | 0.15%             | 2027-12-15      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                    | AVIATION CAPITAL GROUP SR UNSECURED 144A 01/26 1.95        | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1181199.80   | 0.19%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO LTD 2015-6A                                             | ANCHORAGE CAPITAL CLO LTD ANCHC 2015 6A AR3 144A           | CUSIP: 03328QBL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1403146.53   | 0.22%             | 2034-04-22      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2023-2A DAC                               | PALMER SQUARE EUROPEAN LOAN FU PSTET 2023 2A AR 144A       | CUSIP: ACI2QLH16<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |   1006063 | PA      | $1185989.63   | 0.19%             | 2033-01-15      | Floating      | 3.26%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H04                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H04 FB             | CUSIP: 38376RRA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     96824 | PA      | $97067.21     | 0.02%             | 2066-01-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                                     | CANADIAN IMPERIAL BANK SR UNSECURED 10/26 VAR              | CUSIP: 13607LWU3<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   1400000 | PA      | $1413124.45   | 0.22%             | 2026-10-02      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                           | UNITED AIRLINES INC SR SECURED 144A 04/26 4.375            | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3280246.53   | 0.52%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 31750QMB2 PIMCO CDSOPT PUT USD 0.9 20250716                | CUSIP: OP0043WK0<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -2650000 | NC      | $-179.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG SR UNSECURED 144A 01/27 VAR                   | CUSIP: 902613AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    800000 | PA      | $785540.24    | 0.12%             | 2027-01-30      | Floating      | 1.36%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                           | NATWEST MARKETS PLC SR UNSECURED 144A 05/27 VAR            | CUSIP: 63906YAK4<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    800000 | PA      | $803703.66    | 0.13%             | 2027-05-17      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                       | NATIONAL BANK OF CANADA COMPANY GUAR 07/27 VAR             | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   4600000 | PA      | $4610679.36   | 0.73%             | 2027-07-02      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                              | ABN AMRO BANK NV REGS 09/27 VAR                            | CUSIP: 00084EAF5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $708448.65    | 0.11%             | 2027-09-18      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                     | COREBRIDGE GLOB FUNDING SECURED 144A 01/28 VAR             | CUSIP: 00138CBE7<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1793026.84   | 0.28%             | 2028-01-07      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO LEASE TRUST 2024-A                                           | FORD CREDIT AUTO LEASE TRUST FORDL 2024 A A2B              | CUSIP: 345290AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     46290 | PA      | $46294.27     | 0.01%             | 2026-07-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM3 TRUST                                                           | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM3 A1 144A             | CUSIP: 67118KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1013350 | PA      | $1022056.23   | 0.16%             | 2063-12-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-1                                             | VERUS SECURITIZATION TRUST VERUS 2024 1 A1 144A            | CUSIP: 92540EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    769047 | PA      | $771099.98    | 0.12%             | 2069-01-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2006-AR3                                                    | WAMU MORTGAGE PASS THROUGH CER WAMU 2006 AR3 A1A           | CUSIP: 92925CDA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5152 | PA      | $4709.59      | 0.00%             | 2046-02-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| HOME EQUITY PASS-THRU CERTS 2002-3                                            | HOME EQUITY ASSET TRUST HEAT 2002 3 A4                     | CUSIP: 22541NHE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        12 | PA      | $11.38        | 0.00%             | 2033-02-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                                   | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                   | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |      9822 | PA      | $95641.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA 2020-NQM2 TRUST                                                           | MFRA TRUST MFRA 2020 NQM2 A1 144A                          | CUSIP: 552751AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    139047 | PA      | $134999.10    | 0.02%             | 2065-04-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                            | TSY INFL IX N/B 04/29 2.125                                | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1928876 | PA      | $1981230.23   | 0.31%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORPORATION                                                | JOHN DEERE CAPITAL CORP JOHN DEERE CAPITAL CORP            | CUSIP: 24422EXW4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1106618.73   | 0.18%             | 2027-07-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-125199.95   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-2 LLC                                         | ENTERPRISE FLEET FINANCING LLC EFF 2024 2 A2 144A          | CUSIP: 29375RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1414966 | PA      | $1421482.38   | 0.23%             | 2026-12-20      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                       | BPCE SA SR UNSECURED REGS 01/27 VAR                        | CUSIP: 05584KAN8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $251726.76    | 0.04%             | 2027-01-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA/NEW YORK BRANCH                                      | COOPERAT RABOBANK UA/NY SR UNSECURED 03/27 VAR             | CUSIP: 21688ABE1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   1400000 | PA      | $1405405.55   | 0.22%             | 2027-03-05      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2005-R2                                                | COUNTRYWIDE HOME LOANS CWHL 2005 R2 1AF1 144A              | CUSIP: 12669GN64<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1774 | PA      | $1709.20      | 0.00%             | 2035-06-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| LEGACY MORTGAGE ASSET TRUST 2021-GS3                                          | LEGACY MORTGAGE ASSET TRUST LMAT 2021 GS3 A1 144A          | CUSIP: 52474XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    313087 | PA      | $312325.91    | 0.05%             | 2061-07-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT ILS SOLD USD 20250709                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $72.14        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5549                                                       | FREDDIE MAC FHR 5549 FA                                    | CUSIP: 3137HLST0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4264909 | PA      | $4284708.40   | 0.68%             | 2055-06-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H12                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H12 FA             | CUSIP: 38382Y5K5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1043631 | PA      | $1054878.08   | 0.17%             | 2073-05-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 413                                                        | FREDDIEMAC STRIP FHS 413 F25                               | CUSIP: 3133Q3LH2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3162860 | PA      | $3165738.26   | 0.50%             | 2054-05-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                       | HYUNDAI CAPITAL AMERICA HYUNDAI CAPITAL AMERICA            | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1308074.47   | 0.21%             | 2027-01-08      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC 2023-1A                                       | HERTZ VEHICLE FINANCING LLC HERTZ 2023 1A A 144A           | CUSIP: 42806MBS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2111517.66   | 0.34%             | 2027-06-25      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                  | BARCLAYS PLC SR UNSECURED 11/26 VAR                        | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $504186.37    | 0.08%             | 2026-11-02      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM6 TRUST                                                           | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM6 A1 144A             | CUSIP: 67118XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    719551 | PA      | $729246.69    | 0.12%             | 2064-02-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                            | TSY INFL IX N/B 10/25 0.125                                | CUSIP: 91282CAQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2225196 | PA      | $2217526.46   | 0.35%             | 2025-10-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020-NQM1                                 | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2020 NQM1 A1 144A       | CUSIP: 64830VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    652288 | PA      | $616518.15    | 0.10%             | 2060-01-26      | Variable      | 2.46%                 | No            |                  2 | On Loan: No      |
| PFP 2024-11 LTD                                                               | PFP III PFP 2024 11 A 144A                                 | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    440673 | PA      | $442242.63    | 0.07%             | 2039-09-17      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CHF BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |         1 | NC      | $-170.81      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-101                                                    | FANNIE MAE FNR 2024 101 FB                                 | CUSIP: 3136BUFJ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2308601 | PA      | $2307556.91   | 0.37%             | 2055-01-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| DELL EQUIPMENT FINANCE TRUST 2024-2                                           | DELL EQUIPMENT FINANCE TRUST DEFT 2024 2 A2 144A           | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000996.00   | 0.16%             | 2030-08-22      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  MAR26 XCME 20260616                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       634 | NC      | $389570.71    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                              | DEUTSCHE BANK NY 11/26 VAR                                 | CUSIP: 251526CE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   2700000 | PA      | $2672912.28   | 0.42%             | 2026-11-24      | Floating      | 2.13%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                             | HSBC HOLDINGS PLC SR UNSECURED 11/26 VAR                   | CUSIP: 404280DQ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $504709.37    | 0.08%             | 2026-11-03      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                   | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 07/26 4.25       | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    100000 | PA      | $99559.43     | 0.02%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KKR CLO LTD 18                                                                | KKR FINANCIAL CLO LTD KKR 18 AR 144A                       | CUSIP: 48251JAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    280592 | PA      | $280939.53    | 0.04%             | 2030-07-18      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| GALLATIN FUNDING LTD, GALLATIN CLO VII LLC 2017-1A                            | GALLATIN LOAN MANAGEMENT, LLC GALL 2017 1A A1R 144A        | CUSIP: 36361UAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    677880 | PA      | $679557.36    | 0.11%             | 2031-07-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-2 LTD                                            | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2021 2A A1R 144A        | CUSIP: 05684RAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999289.37    | 0.16%             | 2034-07-16      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                                       | FREDDIE MAC FHR 5500 GF                                    | CUSIP: 3137HJB30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2243727 | PA      | $2246119.59   | 0.36%             | 2054-10-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2004-1                                                 | SEQUOIA MORTGAGE TRUST SEMT 2004 1 A                       | CUSIP: 81744FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     46823 | PA      | $42159.22     | 0.01%             | 2034-02-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES3                                                 | WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES3 A1A 144A        | CUSIP: 749420AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    287855 | PA      | $289799.69    | 0.05%             | 2055-03-25      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                              | ABN AMRO BANK NV 144A 12/28 VAR                            | CUSIP: 00084DBE9<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   5400000 | PA      | $5399229.91   | 0.86%             | 2028-12-03      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO US FINANCE 2020 LP                                          | GREAT WEST LIFECO US FI COMPANY GUAR 144A 08/25 0.904      | CUSIP: 391399AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $199052.20    | 0.03%             | 2025-08-12      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                         | ATHENE GLOBAL FUNDING SECURED 144A 01/27 4.95              | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    600000 | PA      | $604199.99    | 0.10%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MORTGAGE CAPITAL CERTIFICATES 2017-CHOP                         | CREDIT SUISSE MORTGAGE TRUST CSMC 2017 CHOP A 144A         | CUSIP: 12651QAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238085 | PA      | $236375.16    | 0.04%             | 2032-07-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2023-4                                                | CARMAX AUTO OWNER TRUST CARMX 2023 4 A2B                   | CUSIP: 14318XAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125820 | PA      | $125860.35    | 0.02%             | 2026-12-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SEC TR 2004-OPT2                                           | MASTR ASSET BACKED SECURITIES MABS 2004 OPT2 A1            | CUSIP: 57643LFG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110838 | PA      | $101605.08    | 0.02%             | 2034-09-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RVPO STATE STREET GLOBAL MARKE USD RVPO FICC SSGM          | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   3300000 | PA      | $3300000.00   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                              | ABN AMRO BANK NV 144A 10/26 VAR                            | CUSIP: 00084DBC3<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1005232.79   | 0.16%             | 2026-10-13      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2024-B                                               | TOYOTA LEASE OWNER TRUST TLOT 2024 B A2B 144A              | CUSIP: 891943AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    788156 | PA      | $788042.01    | 0.13%             | 2027-02-22      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| STONEPEAK 2021-1 ABS                                                          | STONEPEAK SALTT 2021 1A AA 144A                            | CUSIP: 78433XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94066 | PA      | $90132.04     | 0.01%             | 2033-02-28      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-98                              | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 98 GF              | CUSIP: 38381NNT1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $600375.54    | 0.10%             | 2055-06-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MORTGAGE LOAN TR 2005-2                                            | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2005 2 M5             | CUSIP: 542514KV5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116183 | PA      | $115645.41    | 0.02%             | 2035-04-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                  | BARCLAYS PLC SR UNSECURED 08/26 5.304                      | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $1400422.93   | 0.22%             | 2026-08-09      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                          | GNMA II POOL 080579 G2 02/32 FLOATING VAR                  | CUSIP: 36225CUD6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      1092 | PA      | $1107.09      | 0.00%             | 2032-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-4                                                      | FANNIE MAE FNR 2025 4 FB                                   | CUSIP: 3136BUU65<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    795471 | PA      | $797509.40    | 0.13%             | 2053-12-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2018-RPL1                                 | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2018 RPL1 A1 144A       | CUSIP: 64829VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     39762 | PA      | $38563.90     | 0.01%             | 2057-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| UBS AG/SYDNEY BRANCH                                                          | UBS AG AUSTRALIA SR UNSECURED REGS 07/25 VAR               | CUSIP: ACI1PHF10<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   1800000 | PA      | $1185189.92   | 0.19%             | 2025-07-30      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4                     | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2023 4 A2B            | CUSIP: 379930AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     53886 | PA      | $53891.51     | 0.01%             | 2026-11-16      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-CES1                                           | TOWD POINT MORTGAGE TRUST TPMT 2024 CES1 A1A 144A          | CUSIP: 89183CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    347220 | PA      | $348754.26    | 0.06%             | 2064-01-25      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CCG RECEIVABLES TRUST 2025-1                                                  | CCG RECEIVABLES TRUST CCG 2025 1 A2 144A                   | CUSIP: 12515XAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $902375.46    | 0.14%             | 2032-10-14      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LIMITED                                                             | AIRCASTLE LTD SR UNSECURED 06/26 4.25                      | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $199145.62    | 0.03%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TRILLIUM CREDIT CARD TRUST II 2024-1A                                         | TRILLIUM CREDIT CARD TRUST II TCCT 2024 1A A 144A          | CUSIP: 89621ABZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   5500000 | PA      | $5510289.95   | 0.87%             | 2028-12-26      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2023-BA                             | NAVIENT STUDENT LOAN TRUST NAVSL 2023 BA A1B 144A          | CUSIP: 63942TAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    579713 | PA      | $585019.89    | 0.09%             | 2072-03-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL REGS 05/27 VAR                      | CUSIP: ACI2P5QJ3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $329414.05    | 0.05%             | 2027-05-24      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP                                              | ALGONQUIN PWR + UTILITY SR UNSECURED 06/26 VAR             | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1307217.00   | 0.21%             | 2026-06-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| VERDELITE STATIC CLO LTD 2024-1                                               | VERDELITE STATIC CLO LTD BVSTAT 2024 1A A 144A             | CUSIP: 92338VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2522758 | PA      | $2519414.13   | 0.40%             | 2032-07-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2006-118                                                           | FANNIE MAE FNR 2006 118 A2                                 | CUSIP: 31396L4T4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      1317 | PA      | $1294.15      | 0.00%             | 2036-12-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT ILS SOLD USD 20250718                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $2016.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW ORLEANS HOTEL TRUST 2019-HNLA                                             | NEW ORLEANS HOTEL TRUST NOHT 2019 HNLA A 144A              | CUSIP: 647622AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $992844.50    | 0.16%             | 2032-04-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                       | HCA INC DISC COML PAPER 4/A2 Y 08/25 ZCP                   | CUSIP: 40412BVN0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  15700000 | PA      | $15586600.47  | 2.47%             | 2025-08-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES2                                                                | ELLINGTON FINANCIAL MORTGAGE T EFMT 2025 CES2 A1A 144A     | CUSIP: 28225GAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    483947 | PA      | $488000.38    | 0.08%             | 2060-02-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2020-17                              | GOVERNMENT NATIONAL MORTGAGE A GNR 2020 17 EU              | CUSIP: 38382CP47<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     50080 | PA      | $44641.07     | 0.01%             | 2049-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 31750QMA4 PIMCO CDSOPT PUT USD 1.0 20250716                | CUSIP: OP0043WJ3<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -2650000 | NC      | $-164.94      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BSREP COMMERCIAL MORTGAGE TRUST 2021-DC                                       | BSREP COMMERCIAL MORTGAGE TRUS BSREP 2021 DC A 144A        | CUSIP: 05591UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2130300 | PA      | $2027372.54   | 0.32%             | 2038-08-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                      | AMERICAN EXPRESS CO SR UNSECURED 04/27 VAR                 | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009444.04   | 0.16%             | 2027-04-23      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5560                                                       | FREDDIE MAC FHR 5560 FB                                    | CUSIP: 3137HLZD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    400000 | PA      | $400500.00    | 0.06%             | 2055-06-25      | Floating      | 5.31%                 | No            |                  3 | On Loan: No      |
| BANK OF TOKYO-MITSUBISHI UFJ LTD/SYDNEY BRANCH                                | MUFG BANK LTD SYDNEY CERT OF DEPO 02/26 VAR                | CUSIP: ACI2CXPL2<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | DBT              | CORP              | JP        |   2800000 | PA      | $1848846.59   | 0.29%             | 2026-02-17      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.92000 04/21/25-1Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $1513.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OSCAR US FUNDING XVI LLC 2024-1A                                              | OSCAR US FUNDING TRUST OSCAR 2024 1A A2 144A               | CUSIP: 68784GAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |    398060 | PA      | $398609.88    | 0.06%             | 2027-02-10      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TRUST BANK LIMITED                                            | SUMITOMO MITSUI TR BK LT SR UNSECURED 144A 03/26 VAR       | CUSIP: 86563VBF5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    825000 | PA      | $829631.89    | 0.13%             | 2026-03-09      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2025-3                                          | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2025 3 A29 144A        | CUSIP: 17332RCX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    594544 | PA      | $596493.56    | 0.09%             | 2055-06-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                   | BANK OF AMERICA CORP SR UNSECURED 07/27 VAR                | CUSIP: 06051GJV2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301207.42    | 0.05%             | 2027-07-22      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-57874.53    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORTGAGEIT TRUST 2005-1                                                       | MORTGAGEIT TRUST MHL 2005 1 1A1                            | CUSIP: 61913PAP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23324 | PA      | $23663.37     | 0.00%             | 2035-02-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2020-1                                              | TOWD POINT MORTGAGE TRUST TPMT 2020 1 A1 144A              | CUSIP: 89178WAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    863920 | PA      | $830040.01    | 0.13%             | 2060-01-25      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H11                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H11 FC             | CUSIP: 38382Y5C3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    194399 | PA      | $197416.81    | 0.03%             | 2073-05-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| MMAF EQUIPMENT FINANCE LLC 2024-A                                             | MMAF EQUIPMENT FINANCE LLC MMAF 2024 A A2 144A             | CUSIP: 55318CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100124 | PA      | $1103385.99   | 0.18%             | 2027-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-DA                             | NAVIENT STUDENT LOAN TRUST NAVSL 2020 DA A 144A            | CUSIP: 63941HAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496283 | PA      | $470384.94    | 0.07%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2019-GS2                                        | MILL CITY MORTGAGE TRUST MCMLT 2019 GS2 A1 144A            | CUSIP: 59981TAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    231115 | PA      | $223726.08    | 0.04%             | 2059-08-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                       | NATIONAL BANK OF CANADA COMPANY GUAR 03/27 VAR             | CUSIP: 63307A2Y0<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $2102326.82   | 0.33%             | 2027-03-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANKING CORP/SYDNEY BRANCH                                    | SUMITOMO MITSUI SYD CERT OF DEPO 07/26 VAR                 | CUSIP: ACI2MP258<br>LEI: 5U0XI89JRFVHWIBS4F54 | Long             | DBT              | CORP              | JP        |   1300000 | PA      | $861336.31    | 0.14%             | 2026-07-28      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CAD BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-7831.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-12                                                     | FANNIE MAE FNR 2025 12 FG                                  | CUSIP: 3136BVFH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    285344 | PA      | $285626.48    | 0.05%             | 2055-03-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                               | ROLLS ROYCE PLC COMPANY GUAR 144A 10/25 3.625              | CUSIP: 77578JAB4<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |   1100000 | PA      | $1098529.19   | 0.17%             | 2025-10-14      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                             | HSBC HOLDINGS PLC SR UNSECURED 08/27 VAR                   | CUSIP: 404280DY2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201835.03    | 0.03%             | 2027-08-14      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| MELLON RESIDENTIAL FUND CORP 2000-TBC3                                        | MELLON RESIDENTIAL FUNDING COR MRFC 2000 TBC3 A1           | CUSIP: 585525EN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       334 | PA      | $324.96       | 0.00%             | 2030-12-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| VENTURE 36 CLO LTD                                                            | VENTURE CDO LTD VENTR 2019 36A A1AR 144A                   | CUSIP: 92332LAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1720280 | PA      | $1721998.87   | 0.27%             | 2032-04-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                 | ENEL FINANCE INTL NV COMPANY GUAR 144A 10/25 7.05          | CUSIP: 29278GAZ1<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $502974.81    | 0.08%             | 2025-10-14      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-NQM2 TRUST                                                          | PRP ADVISORS, LLC PRPM 2024 NQM2 A1 144A                   | CUSIP: 74448PAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    404530 | PA      | $412066.69    | 0.07%             | 2069-06-25      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                       | HCA INC COMPANY GUAR 03/28 VAR                             | CUSIP: 404119CX5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006126.60   | 0.16%             | 2028-03-01      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                    | AVIATION CAPITAL GROUP SR UNSECURED 144A 08/25 4.125       | CUSIP: 05369AAD3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199825.30    | 0.03%             | 2025-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2021-6                         | MORGAN STANLEY RESIDENTIAL MOR MSRM 2021 6 A6 144A         | CUSIP: 61772QAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    296440 | PA      | $275298.82    | 0.04%             | 2051-09-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                                            | HARBOUR ENERGY PLC COMPANY GUAR 144A 10/26 5.5             | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $494686.90    | 0.08%             | 2026-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                                                   | PNC BANK NA SR UNSECURED 01/27 VAR                         | CUSIP: 69353RFW3<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2000964.82   | 0.32%             | 2027-01-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-1                                             | VERUS SECURITIZATION TRUST VERUS 2023 1 A1 144A            | CUSIP: 92539BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198394 | PA      | $198264.70    | 0.03%             | 2067-12-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| CSMC 2022-RPL4                                                                | CREDIT SUISSE MORTGAGE TRUST CSMC 2022 RPL4 A1 144A        | CUSIP: 12663TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150947 | PA      | $143733.03    | 0.02%             | 2062-04-25      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                            | CREDIT AGRICOLE SA SR UNSECURED REGS 07/26 VAR             | CUSIP: 22535EAF4<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1208947.16   | 0.19%             | 2026-07-05      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                       | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 09/25 VAR       | CUSIP: 928668BY7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200153.25    | 0.03%             | 2025-09-12      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MTG SEC 2002-G                                                | BANC OF AMERICA MORTGAGE SECUR BOAMS 2002 G 1A3            | CUSIP: 06050HKR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        12 | PA      | $11.34        | 0.00%             | 2032-07-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-4                                             | VERUS SECURITIZATION TRUST VERUS 2023 4 A1 144A            | CUSIP: 92539TAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162712 | PA      | $162965.69    | 0.03%             | 2068-05-25      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                  | BARCLAYS PLC SR UNSECURED 03/28 VAR                        | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $705634.26    | 0.11%             | 2028-03-12      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                            | BANCO SANTANDER SA 07/28 VAR                               | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2000000 | PA      | $2006028.74   | 0.32%             | 2028-07-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5481                                                       | FREDDIE MAC FHR 5481 FJ                                    | CUSIP: 3137HHQ95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1806423 | PA      | $1807988.67   | 0.29%             | 2054-12-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5544                                                       | FREDDIE MAC FHR 5544 F                                     | CUSIP: 3137HLNN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2543636 | PA      | $2552716.03   | 0.41%             | 2055-06-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2023-3 LLC                                         | ENTERPRISE FLEET FINANCING LLC EFF 2023 3 A2 144A          | CUSIP: 29374LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1253149 | PA      | $1272297.97   | 0.20%             | 2030-03-20      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                                           | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 03/26 2          | CUSIP: 654740BS7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1170735.14   | 0.19%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON 1ST MORTGAGE 02/26 1.2                 | CUSIP: 842400GV9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3412444.32   | 0.54%             | 2026-02-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CEDAR FUNDING VI CLO LTD 2016-6A                                              | CEDAR FUNDING LTD CEDF 2016 6A ARR 144A                    | CUSIP: 15032DAR2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2200000 | PA      | $2206380.00   | 0.35%             | 2034-04-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-62                                           | FHLMC STRUCTURED PASS THROUGH FSPC T 62 1A1                | CUSIP: 31395HHV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     17877 | PA      | $16382.77     | 0.00%             | 2044-10-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                                           | NEXTERA ENERGY CAPITAL COMPANY GUAR 02/28 VAR              | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2714165.71   | 0.43%             | 2028-02-04      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2018-3A                                             | NELNET STUDENT LOAN TRUST NSLT 2018 3A A2 144A             | CUSIP: 64034AAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     43073 | PA      | $43083.55     | 0.01%             | 2066-09-27      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5526                                                       | FREDDIE MAC FHR 5526 FA                                    | CUSIP: 3137HKT46<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4387664 | PA      | $4382064.92   | 0.70%             | 2054-09-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2002-AR17                                                   | WAMU MORTGAGE PASS THROUGH CER WAMU 2002 AR17 1A           | CUSIP: 929227XB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1594 | PA      | $1527.48      | 0.00%             | 2042-11-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                          | ROYAL BANK OF CANADA SR UNSECURED 07/27 VAR                | CUSIP: 78016HZY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $301017.28    | 0.05%             | 2027-07-23      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                     | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 01/26 1.75           | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    700000 | PA      | $687861.49    | 0.11%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                                      | SVENSKA HANDELSBANKEN AB 144A 05/27 VAR                    | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    700000 | PA      | $701876.27    | 0.11%             | 2027-05-28      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COS INC                                                              | WILLIAMS COMPANIES INC SR UNSECURED 03/26 5.4              | CUSIP: 969457CH1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1106428.52   | 0.18%             | 2026-03-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2018-3A                                   | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2018 3A A1 144A         | CUSIP: 64830KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    104909 | PA      | $102812.19    | 0.02%             | 2058-05-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| COMM 2021-2400 MORTGAGE TRUST                                                 | COMM MORTGAGE TRUST COMM 2021 2400 A 144A                  | CUSIP: 20048FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2055195 | PA      | $2030006.38   | 0.32%             | 2038-12-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                              | BERRY GLOBAL INC SR SECURED 01/26 1.57                     | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3044974.38   | 0.48%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                                          | GENERAL MOTORS FINL CO SR UNSECURED 07/27 VAR              | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4694318.36   | 0.75%             | 2027-07-15      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT CHF SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |         1 | NC      | $170.41       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                                           | NEXTERA ENERGY CAPITAL COMPANY GUAR 01/26 VAR              | CUSIP: 65339KCR9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002408.18   | 0.16%             | 2026-01-29      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-19                                                     | FANNIE MAE FNR 2025 19 FC                                  | CUSIP: 3136BVBY3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1715921 | PA      | $1716543.38   | 0.27%             | 2055-03-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| TRALEE CLO V LTD 2018-5A                                                      | TRALEE CLO LTD TRAL 2018 5A A1RR 144A                      | CUSIP: 89300JBA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2402880.00   | 0.38%             | 2034-10-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| NYO COMMERCIAL MORTGAGE TRUST 2021-1290                                       | NYO COMMERCIAL MORTGAGE TRUST NYO 2021 1290 A 144A         | CUSIP: 62955HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1597889.44   | 0.25%             | 2038-11-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON 1ST MORTGAGE 06/26 4.9                 | CUSIP: 842400HW6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200217.73    | 0.03%             | 2026-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO XII LTD                                                          | TRINITAS CLO LTD TRNTS 2020 12A A1R 144A                   | CUSIP: 89641GAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001362.59   | 0.16%             | 2033-04-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5472                                                       | FREDDIE MAC FHR 5472 FA                                    | CUSIP: 3137HHEK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4338182 | PA      | $4316022.07   | 0.69%             | 2054-11-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON 1ST REF MORT 03/28 3.65                | CUSIP: 842400GJ6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291774.23    | 0.05%             | 2028-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL | CHARTER COMM OPT LLC/CAP SR SECURED 07/25 4.908            | CUSIP: 161175AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $299982.88    | 0.05%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                           | NOMURA HOLDINGS INC SR UNSECURED 01/26 5.709               | CUSIP: 65535HBG3<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   1400000 | PA      | $1407365.47   | 0.22%             | 2026-01-09      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-INV1 TRUST                                                          | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 INV1 A11 144A       | CUSIP: 12661XBC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    281145 | PA      | $261637.66    | 0.04%             | 2056-07-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-18                                                     | FANNIE MAE FNR 2025 18 FM                                  | CUSIP: 3136BVKH0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5679679 | PA      | $5660913.53   | 0.90%             | 2054-09-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2024-1                                                   | PAGAYA AI DEBT SELECTION TRUST PAID 2024 1 A 144A          | CUSIP: 69548AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     61444 | PA      | $61849.52     | 0.01%             | 2031-07-15      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD AUD BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-662.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-HY2                                            | TOWD POINT MORTGAGE TRUST TPMT 2019 HY2 A1 144A            | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190259 | PA      | $194880.47    | 0.03%             | 2058-05-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021-NQ2R                                 | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2021 NQ2R A1 144A       | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    166390 | PA      | $158702.68    | 0.03%             | 2058-10-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                   | ISRAEL FIXED BOND BONDS 02/26 0.5                          | CUSIP: ACI1XGRP7<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   2200000 | PA      | $639491.14    | 0.10%             | 2026-02-27      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 12/26 VAR             | CUSIP: 38141GXN9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1201951.60   | 0.19%             | 2026-12-09      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ILS BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $-72.14       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/25 3.375          | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    700000 | PA      | $695404.72    | 0.11%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                    | SANTANDER HOLDINGS USA SR UNSECURED 07/25 4.5              | CUSIP: 80282KAE6<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199923.99    | 0.03%             | 2025-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARES XXXIV CLO LTD 2015-2A                                                    | ARES CLO LTD ARES 2015 2A AR3 144A                         | CUSIP: 04015GAX7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2508067.38   | 0.40%             | 2033-04-17      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                   | CITIBANK NA SR UNSECURED 08/26 VAR                         | CUSIP: 17325FBH0<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2105339.67   | 0.33%             | 2026-08-06      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA/LONDON BRANCH                                              | CREDIT AGRICOLE LONDON SR UNSECURED REGS 07/27 4.4         | CUSIP: ACI0W1R65<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $130732.32    | 0.02%             | 2027-07-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANKING CORP/SYDNEY BRANCH                                    | SUMITOMO MITSUI SYD CERT OF DEPO 02/26 VAR                 | CUSIP: ACI2CYNV0<br>LEI: 5U0XI89JRFVHWIBS4F54 | Long             | DBT              | CORP              | JP        |   1400000 | PA      | $924386.44    | 0.15%             | 2026-02-20      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 09/27 VAR             | CUSIP: 38141GYH1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400604.69    | 0.06%             | 2027-09-10      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                                   | STATE OF ISRAEL SR UNSECURED REGS 10/26 5                  | CUSIP: ACI2KT2T0<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $242266.75    | 0.04%             | 2026-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/ SYDNEY BRANCH                                                | MIZUHO BANK LTD/SYDNEY CERT OF DEPO 09/26 VAR              | CUSIP: ACI2JNV22<br>LEI: 254900O5B06Y1EPP2H33 | Long             | DBT              | CORP              | JP        |   1100000 | PA      | $727273.74    | 0.12%             | 2026-09-14      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| VOLVO FINANCIAL EQUIPMENT LLC SERIES 2024-1A                                  | VOLVO FINANCIAL EQUIPMENT LLC VFET 2024 1A A2 144A         | CUSIP: 92887QAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1683852 | PA      | $1684510.87   | 0.27%             | 2027-05-17      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                  | BARCLAYS PLC SR UNSECURED 01/26 4.375                      | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1199243.65   | 0.19%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PFP 2022-9 LTD A                                                              | PFP III PFP 2022 9 A 144A                                  | CUSIP: 69291QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    894802 | PA      | $896288.08    | 0.14%             | 2035-08-19      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON SOUTHERN CAL EDISON                    | CUSIP: 842400JB0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005156.70   | 0.16%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                         | CROWN CASTLE                                               | CUSIP: 22823PUN1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299082.84    | 0.05%             | 2025-07-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-MFM1                                        | BX TRUST BX 2021 MFM1 A 144A                               | CUSIP: 05608VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76199 | PA      | $76184.63     | 0.01%             | 2034-01-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTG INV INC 2005-AR2                                         | STRUCTURED ASSET MORTGAGE INVE SAMI 2005 AR2 2A1           | CUSIP: 86359LJA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9014 | PA      | $8542.18      | 0.00%             | 2045-05-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| PRKCM 2024-AFC1 TRUST                                                         | PRKCM TRUST PRKCM 2024 AFC1 A1 144A                        | CUSIP: 69380WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129677 | PA      | $130833.57    | 0.02%             | 2059-03-25      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                          | ROYAL BANK OF CANADA SR UNSECURED 03/28 VAR                | CUSIP: 78017DAG3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   4100000 | PA      | $4113859.93   | 0.65%             | 2028-03-27      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                  | ILLUMINA INC ILLUMINA INC                                  | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    900000 | PA      | $901306.06    | 0.14%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                               | SANTANDER UK GROUP HLDGS SR UNSECURED 11/26 VAR            | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   3600000 | PA      | $3629737.91   | 0.58%             | 2026-11-21      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2019-1A                                         | ECMC GROUP STUDENT LOAN TRUST ECMC 2019 1A A1B 144A        | CUSIP: 26829XAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    229596 | PA      | $228764.62    | 0.04%             | 2069-07-25      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                          | GNMA II POOL 785540 G2 05/71 FLOATING VAR                  | CUSIP: 3622ABBH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    160942 | PA      | $164729.95    | 0.03%             | 2071-05-20      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-GA                             | NAVIENT STUDENT LOAN TRUST NAVSL 2020 GA A 144A            | CUSIP: 63941UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135346 | PA      | $126109.59    | 0.02%             | 2069-09-16      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-PHH               | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 PHH A 144A       | CUSIP: 46650FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    290726 | PA      | $251198.24    | 0.04%             | 2035-06-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H02                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H02 FH             | CUSIP: 38376RPV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    236662 | PA      | $237835.30    | 0.04%             | 2066-01-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE FUNDING 2024 - GRANITE 6 PLC 24-GR6A                      | TOWD POINT MORTGAGE FUNDING TPMF 2024 GR6A A1 144A         | CUSIP: ACI2NQX93<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    695321 | PA      | $956568.27    | 0.15%             | 2053-07-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                    | AVIATION CAPITAL GROUP SR UNSECURED 144A 09/26 1.95        | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1161765.80   | 0.18%             | 2026-09-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2024-PJ7                                  | GS MORTGAGE BACKED SECURITIES GSMBS 2024 PJ7 A25 144A      | CUSIP: 362949BR9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1212189 | PA      | $1217767.44   | 0.19%             | 2054-11-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-104                                                    | FANNIE MAE FNR 2024 104 FA                                 | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2812029 | PA      | $2806222.91   | 0.45%             | 2055-01-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                       | GA GLOBAL FUNDING TRUST SECURED 144A 09/27 4.4             | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199679.55    | 0.03%             | 2027-09-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317U79UA1 PIMCO SWAPTION 5.4 PUT USD 20250926              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  19800000 | NC      | $3.96         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                           | NOMURA HOLDINGS INC SR UNSECURED 07/26 1.653               | CUSIP: 65535HAW9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    600000 | PA      | $582879.98    | 0.09%             | 2026-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                            | CREDIT AGRICOLE SA CREDIT AGRICOLE SA                      | CUSIP: 22534PAJ2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    450000 | PA      | $450869.54    | 0.07%             | 2027-03-11      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2021-RPL1                                 | GS MORTGAGE BACKED SECURITIES GSMBS 2021 RPL1 A1 144A      | CUSIP: 36261WAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1173068 | PA      | $1102188.91   | 0.17%             | 2060-12-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| PIKES PEAK CLO 2019-4A                                                        | PIKES PEAK CLO PIPK 2019 4A ARR 144A                       | CUSIP: 72132WAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3002214.09   | 0.48%             | 2034-07-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                            | CREDIT AGRICOLE SA CREDIT AGRICOLE SA                      | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $301823.52    | 0.05%             | 2028-09-11      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2024-2                                        | CITIZENS AUTO RECEIVABLES TRUS CITZN 2024 2 A2A 144A       | CUSIP: 17331XAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    309348 | PA      | $309775.76    | 0.05%             | 2026-11-16      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/4.10000 02/11/25-1Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $130014.64    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5511                                                       | FREDDIE MAC FHR 5511 FG                                    | CUSIP: 3137HKKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1776832 | PA      | $1778181.41   | 0.28%             | 2055-03-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                      | AMERICAN EXPRESS CO SR UNSECURED 07/28 VAR                 | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2512448.33   | 0.40%             | 2028-07-26      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| ARES L CLO LTD 2018-50A                                                       | ARES CLO LTD ARES 2018 50A AR 144A                         | CUSIP: 04018LAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    100202 | PA      | $100253.98    | 0.02%             | 2032-01-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| GOLDEN CREDIT CARD TRUST 2022-1A                                              | GOLDEN CREDIT CARD TRUST GCCT 2022 1A A 144A               | CUSIP: 380881FE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   2000000 | PA      | $1931989.00   | 0.31%             | 2029-01-15      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5549                                                       | FREDDIE MAC FHR 5549 CF                                    | CUSIP: 3137HLSA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3359331 | PA      | $3294303.17   | 0.52%             | 2052-10-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA/NEW YORK BRANCH                                        | GOLDMAN SACHS BANK USA GOLDMAN SACHS BANK USA              | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1103397.05   | 0.18%             | 2027-05-21      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2024-1                                        | CITIZENS AUTO RECEIVABLES TRUS CITZN 2024 1 A2B 144A       | CUSIP: 17331QAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700830 | PA      | $700999.22    | 0.11%             | 2026-10-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| MA MONEY PINNACLE RESIDENTIAL SECURITISATION TRUST 2025-1                     | MA MONEY RESIDENTIAL SECURITIS MAMAU 2025 1PN A1S          | CUSIP: ACI2TXMZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | AU        |    438329 | PA      | $288648.34    | 0.05%             | 2066-04-15      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                          | JPMORGAN CHASE + CO SR UNSECURED 04/28 VAR                 | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1404297.61   | 0.22%             | 2028-04-22      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA/NEW YORK BRANCH                                        | GOLDMAN SACHS BANK USA SR UNSECURED 03/27 VAR              | CUSIP: 38151LAE0<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    800000 | PA      | $802135.62    | 0.13%             | 2027-03-18      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-D                                       | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 D A1B 144A         | CUSIP: 83207QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1777158 | PA      | $1779886.07   | 0.28%             | 2053-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2004-63                                                            | FANNIE MAE FNR 2004 63 FA                                  | CUSIP: 31394ANT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        83 | PA      | $81.65        | 0.00%             | 2034-08-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                  | SK HYNIX INC SK HYNIX INC                                  | CUSIP: 78392BAG2<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    400000 | PA      | $405529.20    | 0.06%             | 2027-01-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                            | BMW US CAPITAL LLC BMW US CAPITAL LLC                      | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2008030.18   | 0.32%             | 2026-08-13      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| DLLAA LLC 2023 1A                                                             | DLLAA LLC DLLAA 2023 1A A2 144A                            | CUSIP: 23292HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     40220 | PA      | $40268.97     | 0.01%             | 2026-07-20      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                               | DANSKE BANK A/S SR UNSECURED 144A 09/26 VAR                | CUSIP: 23636AAZ4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   1200000 | PA      | $1192667.02   | 0.19%             | 2026-09-11      | Floating      | 1.62%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                            | BMW US CAPITAL LLC COMPANY GUAR 144A 03/28 VAR             | CUSIP: 05565ECX1<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2394232.22   | 0.38%             | 2028-03-21      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                            | CREDIT AGRICOLE SA SR UNSECURED 144A 01/27 VAR             | CUSIP: 22535WAH0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1300000 | PA      | $1275359.20   | 0.20%             | 2027-01-26      | Floating      | 1.25%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-12                                              | JP MORGAN MORTGAGE TRUST JPMMT 2021 12 A11 144A            | CUSIP: 46592WBE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    214581 | PA      | $199220.86    | 0.03%             | 2052-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2021-ESH                                          | EXTENDED STAY AMERICA TRUST ESA 2021 ESH A 144A            | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2144319 | PA      | $2146208.08   | 0.34%             | 2038-07-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                                     | CANADIAN IMPERIAL BANK SR UNSECURED 01/28 VAR              | CUSIP: 13607PVR2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1299311.98   | 0.21%             | 2028-01-13      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                                  | ALIMENTATION COUCHE TARD INC 07/25 ZCP                     | CUSIP: 01626UUW3<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |   3700000 | PA      | $3685554.46   | 0.59%             | 2025-07-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                                            | AMERICAN HONDA FINANCE SR UNSECURED 10/25 VAR              | CUSIP: 02665WES6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1902759.69   | 0.30%             | 2025-10-03      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THROUGH SEC T-63                                        | FHLMC STRUCTURED PASS THROUGH FSPC T 63 1A1                | CUSIP: 31395M2F5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19346 | PA      | $18703.56     | 0.00%             | 2045-02-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | AUST 3YR BOND FUT SEP25 XSFE 20250915                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |       132 | NC      | $30432.81     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL BANQUE FED CRED MUTUEL              | CUSIP: 06675DCH3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1207457.02   | 0.19%             | 2027-01-23      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                                           | NEXTERA ENERGY CAP HLDGS INC                               | CUSIP: 65339MUV6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    700000 | PA      | $697407.13    | 0.11%             | 2025-07-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT ILS SOLD USD 20250718                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $289.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| M360 2021-CRE3 LLC                                                            | M360 LTD. M360 2021 CRE3 A 144A                            | CUSIP: 55379AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     34203 | PA      | $33684.31     | 0.01%             | 2038-11-22      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                      | LLOYDS BANKING GROUP PLC SR UNSECURED 08/27 VAR            | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $604755.91    | 0.10%             | 2027-08-07      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| OCEANVIEW MORTGAGE TRUST 2025-INV3                                            | BAYVIEW OPPORTUNITY MASTER FUN BVINV 2025 3 AF1 144A       | CUSIP: 67648CAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002500.20   | 0.16%             | 2055-05-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| VENTURE XXVII CLO LTD 2017-27A                                                | VENTURE CDO LTD VENTR 2017 27A AR 144A                     | CUSIP: 92331LBC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    809947 | PA      | $808518.85    | 0.13%             | 2030-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5534                                                       | FREDDIE MAC FHR 5534 FM                                    | CUSIP: 3137HLEP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4288444 | PA      | $4288195.68   | 0.68%             | 2055-05-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                  | 7 ELEVEN INC SR UNSECURED 144A 02/26 0.95                  | CUSIP: 817826AC4<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1662695.01   | 0.26%             | 2026-02-10      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| TOWD POINT ASSET TRUST 2021-SL1                                               | TOWD POINT ASSET TRUST TPAT 2021 SL1 A2 144A               | CUSIP: 89179XAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    209036 | PA      | $208270.43    | 0.03%             | 2061-11-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-HA                             | NAVIENT STUDENT LOAN TRUST NAVSL 2020 HA A 144A            | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    336987 | PA      | $316856.83    | 0.05%             | 2069-01-15      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVI LTD 2020-46A                                        | MADISON PARK FUNDING LTD MDPK 2020 46A ARR 144A            | CUSIP: 55822AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2402769.31   | 0.38%             | 2034-10-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3411                                                              | FREDDIE MAC FHR 3411 FL                                    | CUSIP: 31397RFC5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7408 | PA      | $7407.65      | 0.00%             | 2038-02-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2004-11                                                            | FANNIE MAE FNR 2004 11 A                                   | CUSIP: 31393T7H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       311 | PA      | $310.90       | 0.00%             | 2034-03-25      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| FINANCE AMERICA MTGE LOAN TRUST 2004-2                                        | FINANCE AMERICA MORTGAGE LOAN FINA 2004 2 M1               | CUSIP: 317350BD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    124429 | PA      | $118461.73    | 0.02%             | 2034-08-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                                     | CANADIAN IMPERIAL BANK SR UNSECURED 06/27 VAR              | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $301482.56    | 0.05%             | 2027-06-28      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                       | VOLKSWAGEN GROUP AMERICA COMPANY GUAR REGS 03/26 VAR       | CUSIP: U9273ADZ5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200046.69    | 0.03%             | 2026-03-20      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE5                                                 | LOANCORE 2021 CRE5 ISSUER, LTD LNCR 2021 CRE5 A 144A       | CUSIP: 53947XAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    755826 | PA      | $756052.05    | 0.12%             | 2036-07-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST 2024-1                                                   | VERIZON MASTER TRUST VZMT 2024 1 A1B                       | CUSIP: 92348KCM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4005866.00   | 0.64%             | 2028-12-20      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-CES3                                           | TOWD POINT MORTGAGE TRUST TPMT 2024 CES3 A1 144A           | CUSIP: 89183EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    757393 | PA      | $765076.38    | 0.12%             | 2064-05-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD AUD BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-321653.75   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                         | CROWN CASTLE INC SR UNSECURED 07/26 1.05                   | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4624134.00   | 0.73%             | 2026-07-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CARVAL CLO LTD 2018-1A                                                        | CARVAL CLO LTD CARVL 2018 1A AR 144A                       | CUSIP: 146865AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1963284 | PA      | $1966229.17   | 0.31%             | 2031-07-16      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                       | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 03/27 VAR        | CUSIP: 44891ADS3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1098507.82   | 0.17%             | 2027-03-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                                   | PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND                    | CUSIP: 000000000<br>LEI: 549300F9QJIJF2GM8419 | Long             | STIV             | RF                | US        |   2875298 | PA      | $28166422.85  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTURE XXVIII CLO LTD 2017-28A                                               | VENTURE CDO LTD VENTR 2017 28A A2R 144A                    | CUSIP: 92331AAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    444268 | PA      | $444756.69    | 0.07%             | 2030-07-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                              | BERRY GLOBAL INC SR SECURED 144A 07/26 4.875               | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1277000 | PA      | $1276450.00   | 0.20%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BARCLAYS BANK PLC SNR SE ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |         1 | NC      | $4171.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                         | CROWN CASTLE                                               | CUSIP: 22823PUQ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    600000 | PA      | $597997.68    | 0.09%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL SD8006 FR 08/49 FIXED 4                  | CUSIP: 3132DV3P8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     13722 | PA      | $12948.36     | 0.00%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                      | LLOYDS BANKING GROUP PLC LLOYDS BANKING GROUP PLC          | CUSIP: 53944YAY9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1010484.62   | 0.16%             | 2028-01-05      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                                          | GENERAL MOTORS FINL CO SR UNSECURED 10/25 6.05             | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1504978.14   | 0.24%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                       | BPCE SA REGS 10/26 VAR                                     | CUSIP: 05584KAH1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $297577.02    | 0.05%             | 2026-10-06      | Floating      | 1.65%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 5557                                                              | FREDDIE MAC FHR 5557 FM                                    | CUSIP: 3137HLZ21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $200062.76    | 0.03%             | 2055-07-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                             | HSBC HOLDINGS PLC SR UNSECURED 08/27 VAR                   | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $405781.50    | 0.06%             | 2027-08-14      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                           | NATWEST MARKETS PLC SR UNSECURED REGS 09/26 VAR            | CUSIP: G6382GWU2<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1300000 | PA      | $1303816.93   | 0.21%             | 2026-09-29      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                                                  | DNB BANK ASA SR UNSECURED 144A 10/26 VAR                   | CUSIP: 23341CAC7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    900000 | PA      | $903370.69    | 0.14%             | 2026-10-09      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                           | NATWEST MARKETS PLC SR UNSECURED 144A 03/28 VAR            | CUSIP: 63906YAN8<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $900749.85    | 0.14%             | 2028-03-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                              | ABN AMRO BANK NV REGS 12/28 VAR                            | CUSIP: 00084EAJ7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $199971.48    | 0.03%             | 2028-12-03      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| LCM 30 LTD                                                                    | LCM LTD PARTNERSHIP LCM 30A AR 144A                        | CUSIP: 50200YAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1020605 | PA      | $1023062.65   | 0.16%             | 2031-04-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2021-D                                       | SMB PRIVATE EDUCATION LOAN TRU SMB 2021 D A1A 144A         | CUSIP: 78449MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    176446 | PA      | $164871.39    | 0.03%             | 2053-03-17      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC WHOLE LOAN SECURITIES TRUST 2015-SC02                             | FREDDIE MAC WHOLE LOAN SECURIT FWLS 2015 SC02 1A           | CUSIP: 3137G1AK3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    236500 | PA      | $205301.10    | 0.03%             | 2045-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-90                                                     | FANNIE MAE FNR 2024 90 FB                                  | CUSIP: 3136BTXD0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2014209 | PA      | $2022338.43   | 0.32%             | 2053-11-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2024-HYB1                                              | SEQUOIA MORTGAGE TRUST SEMT 2024 HYB1 A1A 144A             | CUSIP: 81749EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    782368 | PA      | $790801.69    | 0.13%             | 2063-11-25      | Variable      | 4.47%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                        | MORGAN STANLEY BANK NA MORGAN STANLEY BANK NA              | CUSIP: 61690U7Z7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1911742.29   | 0.30%             | 2028-01-14      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ELFI GRADUATE LOAN PROGRAM 2021-A LLC                                         | ELFI GRADUATE LOAN PROGRAM 202 ELFI 2021 A A 144A          | CUSIP: 28628BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445192 | PA      | $396232.80    | 0.06%             | 2046-12-26      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                        | STANDARD CHARTERED PLC STANDARD CHARTERED PLC              | CUSIP: 853254DD9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $502127.18    | 0.08%             | 2028-05-14      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| CHASE HOME LENDING MORTGAGE TRUST 2024-9                                      | CHASE MORTGAGE FINANCE CORPORA CHASE 2024 9 A11 144A       | CUSIP: 16160QAX2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    766156 | PA      | $766881.02    | 0.12%             | 2055-09-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                           | NATWEST MARKETS PLC SR UNSECURED REGS 08/25 5.0546         | CUSIP: ACI27F0Z3<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $922251.85    | 0.15%             | 2025-08-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                    | MIZUHO FINANCIAL GROUP SR UNSECURED 05/31 VAR              | CUSIP: 60687YDK2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   1300000 | PA      | $1300724.59   | 0.21%             | 2031-05-13      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2018-3                                              | TOWD POINT MORTGAGE TRUST TPMT 2018 3 A1 144A              | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    247533 | PA      | $243026.77    | 0.04%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                             | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A             | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2394287.38   | 0.38%             | 2034-08-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $54640.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DRSLF-2017-54A                                                                | DRYDEN SENIOR LOAN FUND DRSLF 2017 54A AR 144A             | CUSIP: 26244RAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    468777 | PA      | $469103.62    | 0.07%             | 2029-10-19      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2004-OP1                                                  | ACE SECURITIES CORP. ACE 2004 OP1 M1                       | CUSIP: 004421EW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210493 | PA      | $199517.72    | 0.03%             | 2034-04-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5480                                                       | FREDDIE MAC FHR 5480 FG                                    | CUSIP: 3137HHUD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1994621 | PA      | $1991984.65   | 0.32%             | 2054-12-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| TRILLIUM CREDIT CARD TRUST II 2023-3A                                         | TRILLIUM CREDIT CARD TRUST II TCCT 2023 3A A 144A          | CUSIP: 89621ABT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   6000000 | PA      | $6004503.60   | 0.95%             | 2028-08-26      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| ACREC 2023-FL2 LLC                                                            | ACREC LLC ACREC 2023 FL2 A 144A                            | CUSIP: 00501BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    477329 | PA      | $477838.66    | 0.08%             | 2038-02-19      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND LTD 2021-18A                                           | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 18A A1R 144A         | CUSIP: 04943EAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $399724.13    | 0.06%             | 2035-01-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-89450.72    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                  | SK HYNIX INC SR UNSECURED REGS 01/26 6.25                  | CUSIP: Y8085FBJ8<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    800000 | PA      | $807824.00    | 0.13%             | 2026-01-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL EURO 2018-2 DAC 18-2A                                            | BAIN CAPITAL EURO CLO BCCE 2018 2A AR 144A                 | CUSIP: ACI1WTQT3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    663659 | PA      | $780065.48    | 0.12%             | 2032-01-20      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-61                                           | FHLMC STRUCTURED PASS THROUGH FSPC T 61 1A1                | CUSIP: 31395A3J2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      6305 | PA      | $6094.94      | 0.00%             | 2044-07-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT AUD SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $21684.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                   | BNP PARIBAS 144A 01/27 VAR                                 | CUSIP: 09659W2N3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4000000 | PA      | $3930822.84   | 0.62%             | 2027-01-13      | Floating      | 1.32%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H22                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H22 FB             | CUSIP: 38383KEF5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3913452 | PA      | $3942770.03   | 0.63%             | 2073-09-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2021-P2                                        | CARVANA AUTO RECEIVABLES TRUST CRVNA 2021 P2 A4            | CUSIP: 14687TAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     81379 | PA      | $80794.70     | 0.01%             | 2027-01-10      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4948                                                       | FREDDIE MAC FHR 4948 E                                     | CUSIP: 3137FQZF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    138042 | PA      | $126361.60    | 0.02%             | 2048-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2024-C                                         | HYUNDAI AUTO RECEIVABLES TRUST HART 2024 C A2A             | CUSIP: 448976AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    847045 | PA      | $847303.86    | 0.13%             | 2027-09-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| MASTER CREDIT CARD TRUST II 2024-1A                                           | MASTER CREDIT CARD TRUST MCCT 2024 1A A 144A               | CUSIP: 576339DZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   4000000 | PA      | $4005516.00   | 0.64%             | 2028-01-21      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LIMITED                                                             | AIRCASTLE LTD COMPANY GUAR 144A 08/25 5.25                 | CUSIP: 00928QAT8<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $999953.36    | 0.16%             | 2025-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KINBANE 2022-RPL 1 DAC  22-RPL1A                                              | KINBANE DAC KINBN 2022 RPL1A A 144A                        | CUSIP: ACI278GW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IE        |    520895 | PA      | $622056.41    | 0.10%             | 2062-09-25      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LN TR 2003-2                                          | RENAISSANCE HOME EQUITY LOAN T RAMC 2003 2 A               | CUSIP: 759950AW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2096 | PA      | $1910.33      | 0.00%             | 2033-08-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                           | NOMURA HOLDINGS INC SR UNSECURED 07/25 1.851               | CUSIP: 65535HAR0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   1500000 | PA      | $1498180.95   | 0.24%             | 2025-07-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO LTD                                                           | NISSAN MOTOR CO SR UNSECURED 144A 09/25 3.522              | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   1100000 | PA      | $1093883.27   | 0.17%             | 2025-09-17      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2025-2                                                | CARMAX AUTO OWNER TRUST CARMX 2025 2 A2A                   | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1605769.44   | 0.25%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                       | BAYER US FINANCE II LLC COMPANY GUAR 144A 12/25 4.25       | CUSIP: 07274NAJ2<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   6400000 | PA      | $6382763.78   | 1.01%             | 2025-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-98                              | GOVERNMENT NATIONAL MORTGAGE 06/55 1                       | CUSIP: 3838PM955<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $299953.13    | 0.05%             | 2055-06-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| PROGRESS TRUST 2020-1                                                         | PROGRESS TRUST PROGS 2020 1 A                              | CUSIP: ACI1RSQ12<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | AU        |    955006 | PA      | $629293.55    | 0.10%             | 2051-01-21      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| CNH EQUIPMENT TRUST 2023-B                                                    | CNH EQUIPMENT TRUST CNH 2023 B A2                          | CUSIP: 12666DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160297 | PA      | $160388.40    | 0.03%             | 2027-02-16      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| GEMGARTO PLC 2021-1A                                                          | GEMGARTO GMG 2021 1A A 144A                                | CUSIP: ACI1VNV95<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    108125 | PA      | $148494.04    | 0.02%             | 2067-12-16      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| CARDS II TRUST 2023-2A                                                        | CARDS II TRUST CARD2 2023 2A A 144A                        | CUSIP: 14161GCF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   1000000 | PA      | $1000157.20   | 0.16%             | 2028-07-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-2 TRUST                                       | SOFI CONSUMER LOAN PROGRAM TRU SCLP 2025 2 A 144A          | CUSIP: 83407HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001872.90   | 0.16%             | 2034-06-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 5557                                                              | FHR 5557 FM SOFR30A+110BP                                  | CUSIP: 955TAMII5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $199937.50    | 0.03%             | 2055-07-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                   | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 01/26 3.15             | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2674520.18   | 0.42%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| COLONY MORTGAGE CAPITAL SERIES LTD 2019-IKPR                                  | COLONY MORTGAGE CAPITAL LTD CLNY 2019 IKPR A 144A          | CUSIP: 12564NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    331580 | PA      | $325763.93    | 0.05%             | 2038-11-15      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                       | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/27 VAR       | CUSIP: 928668CT7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1598607.78   | 0.25%             | 2027-03-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                   | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 08/26 5.5        | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1000000 | PA      | $1004164.00   | 0.16%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2021-GR2                                  | GS MORTGAGE BACKED SECURITIES GSMBS 2021 GR2 A9 144A       | CUSIP: 36262JAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    664876 | PA      | $617251.02    | 0.10%             | 2052-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUND POINT CLO XXVIII LTD 2020-3A                                            | SOUND POINT CLO LTD SNDPT 2020 3A A1R 144A                 | CUSIP: 83615CAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    873810 | PA      | $874309.36    | 0.14%             | 2032-01-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                 | ENEL FINANCE INTL NV SR UNSECURED 144A 06/27 4.625         | CUSIP: 29278GAW8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $803259.24    | 0.13%             | 2027-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BANK OF QUEENSLAND LIMITED                                                    | BANK OF QUEENSLAND LTD SR UNSECURED 12/25 VAR              | CUSIP: ACI2SHZ39<br>LEI: 549300WFIN7T02UKDG08 | Long             | DBT              | CORP              | AU        |   2500000 | PA      | $1646806.98   | 0.26%             | 2025-12-09      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERTIFICATES 2004-BC5                                | COUNTRYWIDE ASSET BACKED CERTI CWL 2004 BC5 M5             | CUSIP: 126673PS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115224 | PA      | $114879.64    | 0.02%             | 2034-10-25      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| BDS 2022-FL12 LLC                                                             | BDS LTD BDS 2022 FL12 A 144A                               | CUSIP: 07336CAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1372850 | PA      | $1374105.85   | 0.22%             | 2038-08-19      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H27                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H27 FD             | CUSIP: 38383KHV7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    193612 | PA      | $196563.48    | 0.03%             | 2073-11-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2019-B12                                             | BENCHMARK MORTGAGE TRUST BMARK 2019 B12 AAB                | CUSIP: 08162FAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    860832 | PA      | $837513.13    | 0.13%             | 2052-08-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                              | FIRSTENERGY CORP SR UNSECURED 01/26 1.6                    | CUSIP: 337932AN7<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196362.91    | 0.03%             | 2026-01-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CAD BOUGHT USD 20250805                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-8612.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2007-7                                                      | FANNIE MAE FNR 2007 7 FJ                                   | CUSIP: 31396PSN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12618 | PA      | $12438.12     | 0.00%             | 2037-02-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H23                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H23 JF             | CUSIP: 38383KFR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    463608 | PA      | $468344.78    | 0.07%             | 2073-09-20      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 2002-P1A                  | CREDIT SUISSE FIRST BOSTON MOR CSFB 2002 P1A A 144A        | CUSIP: 22540VK43<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       747 | PA      | $717.43       | 0.00%             | 2032-03-25      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/ SYDNEY BRANCH                                                | MIZUHO BANK LTD/SYDNEY CERT OF DEPO 02/26 VAR              | CUSIP: ACI2DBH61<br>LEI: 254900O5B06Y1EPP2H33 | Long             | DBT              | CORP              | JP        |   1900000 | PA      | $1254149.31   | 0.20%             | 2026-02-23      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-EA                             | NAVIENT STUDENT LOAN TRUST NAVSL 2020 EA A 144A            | CUSIP: 63941TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600484 | PA      | $558376.84    | 0.09%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                                           | NEXTERA ENERGY CAP HLDGS INC                               | CUSIP: 65339MUU8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    700000 | PA      | $697494.77    | 0.11%             | 2025-07-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                       | MPLX LP SR UNSECURED 03/26 1.75                            | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1275101.76   | 0.20%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-95                                                     | FANNIE MAE FNR 2024 95 KF                                  | CUSIP: 3136BTS53<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1104028 | PA      | $1103725.20   | 0.18%             | 2054-12-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 09/27 VAR             | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193147.28    | 0.03%             | 2027-09-10      | Floating      | 1.54%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                              | DEUTSCHE BANK NY 01/26 4.1                                 | CUSIP: 251526BZ1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $996767.07    | 0.16%             | 2026-01-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| VICTORIA POWER NETWORKS (FINANCE) PTY LTD                                     | VICTORIA POWER NETWORKS COMPANY GUAR 04/26 VAR             | CUSIP: ACI1X4YN1<br>LEI: 254900YISQHUZHEC9B94 | Long             | DBT              | CORP              | AU        |    400000 | PA      | $263086.33    | 0.04%             | 2026-04-21      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                        | DBS GROUP HOLDINGS LTD SR UNSECURED 144A 03/28 VAR         | CUSIP: 24023KAM0<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |   1800000 | PA      | $1803837.89   | 0.29%             | 2028-03-21      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                         | UBER TECHNOLOGIES INC COMPANY GUAR 144A 08/29 4.5          | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1392742.95   | 0.22%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                        | MORGAN STANLEY BANK NA SR UNSECURED 10/27 VAR              | CUSIP: 61690U8F0<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4003430.96   | 0.64%             | 2027-10-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SEC TR 2006-HE4                                            | MASTR ASSET BACKED SECURITIES MABS 2006 HE4 A1             | CUSIP: 576449AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1489 | PA      | $444.95       | 0.00%             | 2036-11-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                            | CREDIT AGRICOLE SA 03/27 1                                 | CUSIP: 22535EAJ6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $400772.92    | 0.06%             | 2027-03-11      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2003-8                            | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 8 4A1            | CUSIP: 07384MZV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       725 | PA      | $727.06       | 0.00%             | 2034-01-25      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                  | ING GROEP NV SR UNSECURED 04/27 VAR                        | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1600000 | PA      | $1604520.32   | 0.25%             | 2027-04-01      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| GCAT 2021-NQM3 TRUST                                                          | GCAT GCAT 2021 NQM3 A1 144A                                | CUSIP: 36167HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    608634 | PA      | $528799.95    | 0.08%             | 2066-05-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                                       | MERCEDES BENZ FIN NA COMPANY GUAR 144A 03/28 VAR           | CUSIP: 58769JBF3<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499294.93    | 0.08%             | 2028-03-31      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL GLOBAL FUNDING                                          | BRIGHTHSE FIN GLBL FUND SECURED REGS 04/27 5.55            | CUSIP: 10921V2J4<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508051.81    | 0.08%             | 2027-04-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                       | BPCE SA SR UNSECURED 144A 01/27 VAR                        | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   2550000 | PA      | $2567612.95   | 0.41%             | 2027-01-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2019-PLND                                      | MORGAN STANLEY CAPITAL I TRUST MSC 2019 PLND A 144A        | CUSIP: 61691XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $504000.00    | 0.08%             | 2036-05-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT GBP SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $57802.52     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                        | STANDARD CHARTERED PLC SR UNSECURED REGS 01/27 VAR         | CUSIP: ACI1TZQT3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $983366.28    | 0.16%             | 2027-01-14      | Floating      | 1.46%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-77                                                     | FANNIE MAE FNR 2024 77 DF                                  | CUSIP: 3136BTWY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1048243 | PA      | $1052741.25   | 0.17%             | 2053-10-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| GREENPOINT MTGE FUNDING TR 2005-AR1                                           | GREENPOINT MORTGAGE FUNDING TR GPMF 2005 AR1 A2            | CUSIP: 39538RAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4222 | PA      | $3855.44      | 0.00%             | 2045-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-A                              | NAVIENT STUDENT LOAN TRUST NAVSL 2020 A A2B 144A           | CUSIP: 63941FAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    192589 | PA      | $192147.15    | 0.03%             | 2068-11-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORPORATION                                                  | NORTHROP GRUMAN CORP                                       | CUSIP: 66681LUQ1<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299077.32    | 0.05%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FINSBURY SQUARE 21-1GRA                                                       | FINSBURY SQUARE FSQ 2021 1GRA AGRN 144A                    | CUSIP: ACI1YK6T2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |     32821 | PA      | $45047.81     | 0.01%             | 2067-12-16      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                          | JPMORGAN CHASE + CO SR UNSECURED 01/28 VAR                 | CUSIP: 46647PDZ6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    700000 | PA      | $705987.05    | 0.11%             | 2028-01-23      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE-GS-3353                                                            | FANNIE MAE GS 3353 FNR GS 3353 F SOFR30A+120BP             | CUSIP: 955RVTII1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900000 | PA      | $1899406.25   | 0.30%             | 2055-06-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR NOTE (CBT)SEP25 XCBT 20250919                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -118 | NC      | $-188227.70   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                           | SUMITOMO MITSUI FINL GRP SR UNSECURED 01/26 VAR            | CUSIP: 86562MCU2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   2100000 | PA      | $2112614.91   | 0.34%             | 2026-01-13      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                               | AVOLON HOLDINGS FNDG LTD SR UNSECURED 144A 01/26 5.5       | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1300000 | PA      | $1302123.59   | 0.21%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                       | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 08/26 VAR       | CUSIP: 928668CJ9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2809396.35   | 0.45%             | 2026-08-14      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| GMF CANADA LEASING TRUST ASSET-BACKED NOTES SERIES 2024-1A                    | GMF CANADA LEASING TRUST GCOLT 2024 1A A2 144A             | CUSIP: 36252MDE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    655191 | PA      | $487325.81    | 0.08%             | 2026-12-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H24                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H24 F              | CUSIP: 38376RJ72<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    151482 | PA      | $152219.80    | 0.02%             | 2066-11-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                                     | CANADIAN IMPERIAL BANK SR UNSECURED 09/27 VAR              | CUSIP: 13607PHU1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200784.76    | 0.03%             | 2027-09-11      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-52                                                     | FANNIE MAE FNR 2025 52 FB                                  | CUSIP: 3136BWUZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1900000 | PA      | $1904630.87   | 0.30%             | 2055-07-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| READY CAPITAL MORTGAGE FINANCING 2023-FL11 LLC                                | READYCAP COMMERCIAL MORTGAGE T RCMT 2023 FL11 A 144A       | CUSIP: 75575RAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    197842 | PA      | $197844.40    | 0.03%             | 2039-10-25      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                         | ATHENE GLOBAL FUNDING SECURED 144A 08/26 VAR               | CUSIP: 04685A4B4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1204968.42   | 0.19%             | 2026-08-27      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                 | BOEING CO SR UNSECURED 10/25 2.6                           | CUSIP: 097023BP9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    800000 | PA      | $793226.79    | 0.13%             | 2025-10-30      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                                   | SWEDBANK AB REGS 09/27 5.337                               | CUSIP: ACI286S09<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   1800000 | PA      | $1837021.48   | 0.29%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST 2024-NQM1                                        | BARCLAYS MORTGAGE LOAN TRUST BARC 2024 NQM1 A1 144A        | CUSIP: 06745AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    668191 | PA      | $671098.04    | 0.11%             | 2064-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-1                                                | CARMAX AUTO OWNER TRUST CARMX 2024 1 A2B                   | CUSIP: 14318WAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    709974 | PA      | $710332.95    | 0.11%             | 2027-03-15      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT ILS SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $13.53        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3927                                                              | FREDDIE MAC FHR 3927 FH                                    | CUSIP: 3137AFEP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      5824 | PA      | $5768.88      | 0.00%             | 2041-09-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FUNDING LLC 2022-4                                           | ENTERPRISE FLEET FINANCING LLC EFF 2022 4 A2 144A          | CUSIP: 29374GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    524432 | PA      | $526603.47    | 0.08%             | 2029-10-22      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                           | NOMURA HOLDINGS INC SR UNSECURED 07/27 VAR                 | CUSIP: 65535HBQ1<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    600000 | PA      | $604289.55    | 0.10%             | 2027-07-02      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TR 2005-2                                            | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 2 2A1A           | CUSIP: 41161PLR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8313 | PA      | $7995.09      | 0.00%             | 2035-05-19      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                         | TORONTO DOMINION BANK SR UNSECURED REGS 03/26 VAR          | CUSIP: ACI1WDJD1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $197419.39    | 0.03%             | 2026-03-17      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                          | GLENCORE FUNDING LLC COMPANY GUAR 144A 10/26 VAR           | CUSIP: 378272BX5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1800154.40   | 0.29%             | 2026-10-01      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                                           | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 09/26 6.95       | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202443.61    | 0.03%             | 2026-09-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 31750QN05 PIMCO CDSOPT PUT USD 0.85 20250716               | CUSIP: OP0043Z50<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -2350000 | NC      | $-168.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-H12                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 H12 FC             | CUSIP: 38383KZF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    400062 | PA      | $401359.36    | 0.06%             | 2074-07-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                          | FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F052680<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  14000000 | PA      | $13987500.24  | 2.22%             | 2054-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WHITBREAD GROUP PLC                                                           | WHITBREAD GROUP PLC COMPANY GUAR REGS 10/25 3.375          | CUSIP: BWVFXNII7<br>LEI: 2138006LIAYQKUCYBB20 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $1912473.34   | 0.30%             | 2025-10-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK CO LTD                                                           | SHINHAN BANK SR UNSECURED REGS 11/25 VAR                   | CUSIP: ACI2B1WV3<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |    300000 | PA      | $198590.24    | 0.03%             | 2025-11-16      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                          | ROYAL BANK OF CANADA SR UNSECURED 10/28 VAR                | CUSIP: 78017FZU0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $500774.07    | 0.08%             | 2028-10-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2017-4A                                                      | CIFC FUNDING LTD CIFC 2017 4A A1R 144A                     | CUSIP: 12551JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    862448 | PA      | $862675.02    | 0.14%             | 2030-10-24      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2013-2                                                 | SLM STUDENT LOAN TRUST SLMA 2013 2 A                       | CUSIP: 78446CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    359294 | PA      | $352643.94    | 0.06%             | 2043-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                       | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/26 VAR       | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3600840.49   | 0.57%             | 2026-03-20      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                                  | ALIMENTATION COUCHE TARD INC 07/25 ZCP                     | CUSIP: 01626UUV5<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |   2400000 | PA      | $2390939.52   | 0.38%             | 2025-07-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  JUN25 XCME 20250916                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       756 | NC      | $-46646.72    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CATERPILLAR FINANCIAL SERVICES CORPORATION                                    | CATERPILLAR FINL SERVICE SR UNSECURED 10/26 VAR            | CUSIP: 14913UAP5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502220.25    | 0.08%             | 2026-10-16      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                    | AVIATION CAPITAL GROUP SR UNSECURED 144A 10/25 4.875       | CUSIP: 05367AAH6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199912.37    | 0.03%             | 2025-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SBNA AUTO LEASE TRUST 2024-B                                                  | SBNA AUTO LEASE TRUST SBALT 2024 B A3 144A                 | CUSIP: 78437VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $907613.82    | 0.14%             | 2027-11-22      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 01/26 4.389          | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199133.26    | 0.03%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC 2023-1A                                             | CHESAPEAKE FUNDING II LLC CFII 2023 1A A2 144A             | CUSIP: 165183CV4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1163547 | PA      | $1168842.23   | 0.19%             | 2035-05-15      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-103                                                    | FANNIE MAE FNR 2024 103 FC                                 | CUSIP: 3136BUQH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2810645 | PA      | $2810314.38   | 0.45%             | 2055-01-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD AUD BOUGHT USD 20250805                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-195445.72   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                              | BANK OF MONTREAL SR UNSECURED 09/27 VAR                    | CUSIP: 06368L8M1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1200000 | PA      | $1203816.12   | 0.19%             | 2027-09-10      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL SR UNSECURED 144A 07/26 VAR         | CUSIP: 06675DCG5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $201842.02    | 0.03%             | 2026-07-13      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| BLUEMOUNTAIN CLO LTD 2018-3A                                                  | BLUEMOUNTAIN CLO LTD BLUEM 2018 3A A1R 144A                | CUSIP: 09630AAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    565827 | PA      | $566235.00    | 0.09%             | 2030-10-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 39 LTD 2018-3A                                    | OCTAGON INVESTMENT PARTNERS 39 OCT39 2018 3A AR 144A       | CUSIP: 67592CAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    352885 | PA      | $353210.27    | 0.06%             | 2030-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2004-3                                        | RENAISSANCE HOME EQUITY LOAN T RAMC 2004 3 AV2A            | CUSIP: 759950DY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2754 | PA      | $2408.73      | 0.00%             | 2034-11-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2021-SJ2                                            | TOWD POINT MORTGAGE TRUST TPMT 2021 SJ2 A1A 144A           | CUSIP: 89180LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    556335 | PA      | $538908.21    | 0.09%             | 2061-12-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5484                                                       | FREDDIE MAC FHR 5484 FA                                    | CUSIP: 3137HHKS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1379983 | PA      | $1383516.16   | 0.22%             | 2054-12-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST 2021-SP1                                              | NEW YORK MORTGAGE TRUST NYMT 2021 SP1 A1 144A              | CUSIP: 62955RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    542272 | PA      | $538723.49    | 0.09%             | 2051-08-25      | Variable      | 4.67%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                              | DEUTSCHE BANK NY 07/26 VAR                                 | CUSIP: 25160PAJ6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1700000 | PA      | $1700729.64   | 0.27%             | 2026-07-14      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2005-7                                               | BEAR STEARNS ALT A TRUST BALTA 2005 7 22A1                 | CUSIP: 07386HVS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5447 | PA      | $3128.33      | 0.00%             | 2035-09-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TRUST INC 2005-6                                          | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 6 A1              | CUSIP: 17307GXP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       631 | PA      | $635.97       | 0.00%             | 2035-09-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 03/27 VAR             | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293563.04    | 0.05%             | 2027-03-09      | Floating      | 1.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.8616* 12/02/24-4Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-223299.04   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                              | BERRY GLOBAL INC SR SECURED 01/27 1.65                     | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1404000 | PA      | $1347143.88   | 0.21%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5546                                                       | FREDDIE MAC FHR 5546 FB                                    | CUSIP: 3137HLME9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4223405 | PA      | $4238493.11   | 0.67%             | 2055-06-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 2YR NOTE (CBT) SEP25 XCBT 20250930                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -736 | NC      | $-583545.49   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5517                                                       | FREDDIE MAC FHR 5517 FE                                    | CUSIP: 3137HKGJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2235314 | PA      | $2217874.76   | 0.35%             | 2055-03-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                          | JPMORGAN CHASE + CO SR UNSECURED 02/28 VAR                 | CUSIP: 46647PCY0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3329174.54   | 0.53%             | 2028-02-24      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2025-35                                                            | FANNIE MAE FNR 2025 35 FB                                  | CUSIP: 3136BVF78<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    965522 | PA      | $964963.44    | 0.15%             | 2055-05-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2002-AR6                                                    | WAMU MORTGAGE PASS THROUGH CER WAMU 2002 AR6 A             | CUSIP: 929227QB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       217 | PA      | $202.34       | 0.00%             | 2042-06-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                       | BPCE SA REGS 09/25 VAR                                     | CUSIP: ACI2B79F1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    700000 | PA      | $461618.53    | 0.07%             | 2025-09-29      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL 144A 07/28 5.79                     | CUSIP: 06675FBB2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1000000 | PA      | $1038417.04   | 0.16%             | 2028-07-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2012-4A                                             | NELNET STUDENT LOAN TRUST NSLT 2012 4A A 144A              | CUSIP: 64033AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    685894 | PA      | $682717.25    | 0.11%             | 2038-09-27      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2019-H20                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 H20 FC             | CUSIP: 38380LQ55<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     55153 | PA      | $55289.29     | 0.01%             | 2069-11-20      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| CS FIRST BOSTON MTGE SEC CORP 2003-AR15                                       | CREDIT SUISSE FIRST BOSTON MOR CSFB 2003 AR15 2A1          | CUSIP: 22541QCT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1618 | PA      | $1562.03      | 0.00%             | 2033-06-25      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2023-1                                        | CITIZENS AUTO RECEIVABLES TRUS CITZN 2023 1 A3 144A        | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    297254 | PA      | $299197.31    | 0.05%             | 2028-01-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                             | HSBC HOLDINGS PLC SR UNSECURED 09/26 VAR                   | CUSIP: 404280BX6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199809.03    | 0.03%             | 2026-09-12      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 02/28 VAR             | CUSIP: 38141GZL1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301031.94    | 0.05%             | 2028-02-24      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING LLC 2022-3                                         | ENTERPRISE FLEET FINANCING LLC EFF 2022 3 A2 144A          | CUSIP: 29374FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    264247 | PA      | $264020.57    | 0.04%             | 2029-07-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA NA/SYDNEY BRANCH                                              | BANK OF AMERICA NA AUSTR SR UNSECURED REGS 10/26 VAR       | CUSIP: ACI2KNVH7<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $662243.90    | 0.11%             | 2026-10-30      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| DYNO NOBEL LIMITED                                                            | DYNO NOBEL LTD COMPANY GUAR REGS 03/26 4.3                 | CUSIP: ACI19H725<br>LEI: 254900UW2F3BKV6Z9V18 | Long             | DBT              | CORP              | AU        |   1500000 | PA      | $987215.43    | 0.16%             | 2026-03-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                         | ATHENE GLOBAL FUNDING SECURED 144A 07/26 VAR               | CUSIP: 04685A4J7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1301953.61   | 0.21%             | 2026-07-16      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE7                                                         | AREIT CRE TRUST AREIT 2022 CRE7 A 144A                     | CUSIP: 00217VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2310960 | PA      | $2312598.15   | 0.37%             | 2039-06-17      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ILS BOUGHT USD 20260227                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $-54500.27    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 08/26 VAR             | CUSIP: 38145GAN0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2202157.96   | 0.35%             | 2026-08-10      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| PFS FINANCING CORP 2023-D                                                     | PFS FINANCING CORP. PFSFC 2023 D A 144A                    | CUSIP: 69335PFA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2900000 | PA      | $2902364.66   | 0.46%             | 2027-08-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-1A                                         | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 1A A 144A          | CUSIP: 26828HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    266561 | PA      | $264394.92    | 0.04%             | 2068-02-27      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                  | ING GROEP NV SR UNSECURED 03/29 VAR                        | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1900000 | PA      | $1901973.21   | 0.30%             | 2029-03-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                   | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 09/25 VAR              | CUSIP: 694308KS5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5300120.69   | 0.84%             | 2025-09-04      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| BANK OF QUEENSLAND LIMITED                                                    | BANK OF QUEENSLAND LTD SR UNSECURED 10/25 VAR              | CUSIP: ACI254LZ7<br>LEI: 549300WFIN7T02UKDG08 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $659670.53    | 0.10%             | 2025-10-29      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL BANQUE FED CRED MUTUEL              | CUSIP: F0803NAK8<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $201015.28    | 0.03%             | 2028-02-16      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL 775852 FN 03/44 FLOATING VAR                     | CUSIP: 31404Q5M7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      3431 | PA      | $3473.43      | 0.00%             | 2044-03-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317U8CKA4 PIMCO SWAPTION 4.6 PUT USD 20250812              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | 157800000 | NC      | $126.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2020-21                              | GOVERNMENT NATIONAL MORTGAGE A GNR 2020 21 AC              | CUSIP: 38382DMC0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     45183 | PA      | $40443.04     | 0.01%             | 2049-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FINANCE PLC (AKA: IMPERIAL TOBACCO FINANCE PLC)               | IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/26 3.5        | CUSIP: 45262BAB9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $691870.61    | 0.11%             | 2026-07-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 31750QN88 PIMCO CDSOPT PUT USD 0.85 20250716               | CUSIP: OP00442S4<br>LEI: N/A                  | N/A              | DCR              |  | US        |  -2500000 | NC      | $-179.30      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HERA COMMERCIAL MORTGAGE 2021-FL1                                             | HERA COMMERCIAL MORTGAGE LTD HERA 2021 FL1 A 144A          | CUSIP: 42704RAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     30886 | PA      | $30902.77     | 0.00%             | 2038-02-18      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| COLT 2024-1 MORTGAGE LOAN TRUST                                               | COLT FUNDING LLC COLT 2024 1 A1 144A                       | CUSIP: 19688TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1126395 | PA      | $1131673.29   | 0.18%             | 2069-02-25      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                                       | MERCEDES BENZ FIN NA COMPANY GUAR 144A 07/26 VAR           | CUSIP: 58769JAV9<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1900927.81   | 0.30%             | 2026-07-31      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-H07                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 H07 JF             | CUSIP: 38383KVX7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    289450 | PA      | $289399.62    | 0.05%             | 2074-04-20      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING CORP/SYDNEY BRANCH                                    | OCBC/SYDNEY SR UNSECURED 05/26 VAR                         | CUSIP: ACI2G08Q8<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |    600000 | PA      | $396228.80    | 0.06%             | 2026-05-18      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                          | JPMORGAN CHASE + CO SR UNSECURED 09/27 VAR                 | CUSIP: 46647PCQ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501313.63    | 0.08%             | 2027-09-22      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                                     | FANNIE MAE FNR 2025 16 FA                                  | CUSIP: 3136BU5D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1691545 | PA      | $1691774.65   | 0.27%             | 2055-03-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2006-AR9                                                    | WAMU MORTGAGE PASS THROUGH CER WAMU 2006 AR9 1A            | CUSIP: 93363DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4735 | PA      | $4338.34      | 0.00%             | 2046-08-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.75000 12/18/24-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-214158.99   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                         | ATHENE GLOBAL FUNDING SECURED 144A 03/27 VAR               | CUSIP: 04685A3U3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5341592.81   | 0.85%             | 2027-03-25      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP (KNOC)                                                | KOREA NATIONAL OIL CORP SR UNSECURED 144A 03/28 VAR        | CUSIP: 50065LAP5<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | CORP              | KR        |    300000 | PA      | $300093.11    | 0.05%             | 2028-03-31      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-5                                             | VERUS SECURITIZATION TRUST VERUS 2023 5 A1 144A            | CUSIP: 924934AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    265042 | PA      | $266790.16    | 0.04%             | 2068-06-25      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| KKR CLO 9 LTD                                                                 | KKR FINANCIAL CLO LTD KKR 9 AR2 144A                       | CUSIP: 48250LAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    126075 | PA      | $126152.40    | 0.02%             | 2030-07-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2020-PTA                                     | SMB PRIVATE EDUCATION LOAN TRU SMB 2020 PTA A2A 144A       | CUSIP: 78449VAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    202630 | PA      | $190749.40    | 0.03%             | 2054-09-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                     | ONEOK INC ONEOK INC                                        | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    900000 | PA      | $898938.75    | 0.14%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM4 TRUST                                                           | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM4 A1 144A             | CUSIP: 67118TAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    721484 | PA      | $726963.95    | 0.12%             | 2064-01-25      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-98                              | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 98 GF SOFR30A+90BP | CUSIP: 955SFGII5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $299906.25    | 0.05%             | 2055-06-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H24                             | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H24 FA             | CUSIP: 38383KGP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    469712 | PA      | $473124.79    | 0.08%             | 2073-10-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC/AADVANTAGE LOYALTY IP LTD                               | AMERICAN AIRLINES/AADVAN SR SECURED 144A 04/26 5.5         | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    366667 | PA      | $366054.44    | 0.06%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                     | BANQUE FED CRED MUTUEL REGS 07/26 VAR                      | CUSIP: F0803NAF9<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $605526.05    | 0.10%             | 2026-07-13      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP INC                                                   | SAMMONS FINANCIAL GROUP SR UNSECURED 144A 05/27 4.45       | CUSIP: 79588TAC4<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99840.42     | 0.02%             | 2027-05-12      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR GBP SONIO/3.50000 03/19/25-5Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |         1 | NC      | $-247765.94   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-C                                       | SMB PRIVATE EDUCATION LOAN TRU SMB 2022 C A1B 144A         | CUSIP: 78449CAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    559653 | PA      | $565050.85    | 0.09%             | 2050-05-16      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                            | TREASURY BILL 07/25 0.00000                                | CUSIP: 912797PG6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    274000 | PA      | $273053.10    | 0.04%             | 2025-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA)                                     | BANCO BILBAO VIZCAYA ARG SR UNSECURED 09/26 VAR            | CUSIP: 05946KAK7<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    800000 | PA      | $801684.50    | 0.13%             | 2026-09-14      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2021-INV1                                 | GS MORTGAGE BACKED SECURITIES GSMBS 2021 INV1 A9 144A      | CUSIP: 36263KAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    228335 | PA      | $212048.62    | 0.03%             | 2051-12-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5493                                                       | FREDDIE MAC FHR 5493 FK                                    | CUSIP: 3137HHWV9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1833613 | PA      | $1829381.36   | 0.29%             | 2055-01-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR ULTRA FUT SEP25 XCBT 20250919                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -36 | NC      | $-104392.55   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                   | CITIBANK NA CITIBANK NA                                    | CUSIP: 17325FBD9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007499.12   | 0.16%             | 2026-12-04      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                                          | GENERAL MOTORS FINL CO GENERAL MOTORS FINL CO              | CUSIP: 37045XES1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999019.87    | 0.16%             | 2027-05-08      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT CAD SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $8586.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                      | LLOYDS BANKING GROUP PLC SR UNSECURED 11/28 VAR            | CUSIP: 539439BB4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   3900000 | PA      | $3909514.64   | 0.62%             | 2028-11-26      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                         | WELLS FARGO + COMPANY SR UNSECURED 01/28 VAR               | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4404057.46   | 0.70%             | 2028-01-24      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                      | LLOYDS BANKING GROUP PLC SR UNSECURED 08/26 VAR            | CUSIP: 53944YAT0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $399844.95    | 0.06%             | 2026-08-11      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 08/25 4.134          | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1598387.74   | 0.25%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                         | UBER TECHNOLOGIES INC COMPANY GUAR 144A 01/28 6.25         | CUSIP: 90353TAG5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1307018.70   | 0.21%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1                                  | GM FINANCIAL AUTOMOBILE LEASIN GMALT 2025 1 A2B            | CUSIP: 36271VAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $700510.72    | 0.11%             | 2027-05-20      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                               | AES CORP/THE SR UNSECURED 01/26 1.375                      | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1667867.86   | 0.26%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5532                                                       | FREDDIE MAC FHR 5532 FA                                    | CUSIP: 3137HKPJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4198441 | PA      | $4190325.43   | 0.67%             | 2055-04-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTG INV INC 2005-AR5                                         | STRUCTURED ASSET MORTGAGE INVE SAMI 2005 AR5 A1            | CUSIP: 86359LPD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1052 | PA      | $1006.61      | 0.00%             | 2035-07-19      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-HY3                                            | TOWD POINT MORTGAGE TRUST TPMT 2019 HY3 A1A 144A           | CUSIP: 89177XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    134625 | PA      | $135717.03    | 0.02%             | 2059-10-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                          | ROYAL BANK OF CANADA SR UNSECURED 01/29 VAR                | CUSIP: 78017DAB4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1700000 | PA      | $1697778.24   | 0.27%             | 2029-01-24      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| FANNIEMAE WHOLE LOAN 2003-W-8                                                 | FANNIEMAE WHOLE LOAN FNW 2003 W8 3F2                       | CUSIP: 31393CX40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      1292 | PA      | $1288.61      | 0.00%             | 2042-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSEET MTGE INV INC 2002-AR3                                       | STRUCTURED ASSET MORTGAGE INVE SAMI 2002 AR3 A1            | CUSIP: 86358HNX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       166 | PA      | $160.76       | 0.00%             | 2032-09-19      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-89                              | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 89 PF              | CUSIP: 38385GMK2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    199486 | PA      | $199407.88    | 0.03%             | 2055-05-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON SOUTHERN CAL EDISON                    | CUSIP: 842400JF1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    900000 | PA      | $898818.82    | 0.14%             | 2026-09-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BMW VEHICLE LEASE TRUST 2023-2                                                | BMW VEHICLE LEASE TRUST BMWLT 2023 2 A3                    | CUSIP: 055979AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    453488 | PA      | $455125.46    | 0.07%             | 2026-09-25      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317U8CLA3 PIMCO SWAPTION 3.6 CALL USD 20250812             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | 157800000 | NC      | $101686.32    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                  | BROADCOM INC DISC COML PAPER                               | CUSIP: 11135MUA2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   6200000 | PA      | $6192088.18   | 0.98%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GREYWOLF CLO III LTD 2020-3RA                                                 | GREYWOLF CLO LTD GWOLF 2020 3RA A1R2 144A                  | CUSIP: 39809CAY0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2900000 | PA      | $2907010.17   | 0.46%             | 2033-04-22      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                     | ONEOK INC COMPANY GUAR 01/26 5.85                          | CUSIP: 682680BD4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005211.95   | 0.16%             | 2026-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                            | BMW US CAPITAL LLC COMPANY GUAR 144A 03/27 VAR             | CUSIP: 05565ECV5<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1701689.92   | 0.27%             | 2027-03-19      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL GLOBAL FUNDING                                          | BRIGHTHSE FIN GLBL FUND SECURED 144A 05/26 1.55            | CUSIP: 10921U2C1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1264848.29   | 0.20%             | 2026-05-24      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2019-3A                                             | NELNET STUDENT LOAN TRUST NSLT 2019 3A A 144A              | CUSIP: 64031DAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    363290 | PA      | $362131.08    | 0.06%             | 2067-08-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2020-PTB                                     | SMB PRIVATE EDUCATION LOAN TRU SMB 2020 PTB A2B 144A       | CUSIP: 78449DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    803798 | PA      | $798519.24    | 0.13%             | 2054-09-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                  | ILLUMINA INC SR UNSECURED 12/25 5.8                        | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502187.49    | 0.08%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                              | DEUTSCHE BANK NY 11/27 VAR                                 | CUSIP: 251526CN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $600210.86    | 0.10%             | 2027-11-16      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| RELIANCE STANDARD LIFE GLOBAL FUNDING II                                      | RELIANCE STAND LIFE II SECURED 144A 02/26 5.243            | CUSIP: 75951ACY2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $401134.74    | 0.06%             | 2026-02-02      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| FIRSTKEY HOMES 2020-SFR2 TRUST                                                | FIRSTKEY HOMES TRUST FKH 2020 SFR2 A 144A                  | CUSIP: 33767JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1662433 | PA      | $1641452.14   | 0.26%             | 2037-10-19      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                           | NOMURA HOLDINGS INC SR UNSECURED 07/25 5.099               | CUSIP: 65535HBE8<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    858000 | PA      | $858017.73    | 0.14%             | 2025-07-03      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 08/26 VAR             | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001414.16   | 0.16%             | 2026-08-10      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| AG TRUST 2024-NLP                                                             | AG TRUST AG 2024 NLP A 144A                                | CUSIP: 00792MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    142550 | PA      | $143008.35    | 0.02%             | 2041-07-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2023-C                                         | HYUNDAI AUTO RECEIVABLES TRUST HART 2023 C A2A             | CUSIP: 44918CAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110501 | PA      | $110639.36    | 0.02%             | 2027-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US ULTRA BOND CBT SEP25 XCBT 20250919                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -113 | NC      | $-330465.43   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                               | AVOLON HOLDINGS FNDG LTD SR UNSECURED 144A 02/26 2.125     | CUSIP: 05401AAM3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    441000 | PA      | $432923.77    | 0.07%             | 2026-02-21      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2025-35                                                            | FANNIE MAE FNR 2025 35 FM                                  | CUSIP: 3136BVJ66<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    693975 | PA      | $698120.47    | 0.11%             | 2055-05-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| EUROHOME UK MORTGAGES 2007-1 A                                                | EUROHOME UK MORTGAGES PLC EHMU 2007 1 A REGS               | CUSIP: B1VBS4II2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |     12349 | PA      | $16898.24     | 0.00%             | 2044-06-15      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-109                                                           | FANNIE MAE FNR 2007 109 GF                                 | CUSIP: 31396X2G8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     11558 | PA      | $11545.28     | 0.00%             | 2037-12-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK (AKA: GE CAPITAL RETAIL BANK)                                  | SYNCHRONY BANK SR UNSECURED 08/25 5.4                      | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |    600000 | PA      | $599897.79    | 0.10%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NOVASTAR HOME EQUITY LOAN 2005-4                                              | NOVASTAR HOME EQUITY LOAN NHEL 2005 4 M1                   | CUSIP: 66987WDE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6749 | PA      | $6735.35      | 0.00%             | 2036-01-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| GCAT 2022-HX1 TRUST                                                           | GCAT GCAT 2022 HX1 A1 144A                                 | CUSIP: 36168XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    694839 | PA      | $649480.10    | 0.10%             | 2066-12-27      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                                           | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 09/26 1.85       | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2099678.06   | 0.33%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                        | STANDARD CHARTERED PLC SR UNSECURED 144A 01/27 VAR         | CUSIP: 853254BZ2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1700000 | PA      | $1671722.68   | 0.27%             | 2027-01-14      | Floating      | 1.46%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-38                                                     | FANNIE MAE FNR 2024 38 AF                                  | CUSIP: 3136BR5A1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    456999 | PA      | $457223.14    | 0.07%             | 2047-12-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON INC                                                           | HARLEY DAVIDSON INC SR UNSECURED 07/25 3.5                 | CUSIP: 412822AD0<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2097044.96   | 0.33%             | 2025-07-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/26 VAR            | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    550000 | PA      | $555215.09    | 0.09%             | 2026-03-06      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.62000 09/02/25-4Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-1568996.73  | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| FORD CREDIT FLOORPLAN MASTER OWNER TRUST A 2024-3                             | FORD CREDIT FLOORPLAN MASTER O FORDF 2024 3 A2 144A        | CUSIP: 34528QJL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1503772.20   | 0.24%             | 2029-09-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5513                                                       | FREDDIE MAC FHR 5513 MF                                    | CUSIP: 3137HKEX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8022184 | PA      | $8005803.00   | 1.27%             | 2054-11-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-6                                                      | FANNIE MAE FNR 2025 6 FA                                   | CUSIP: 3136BUTN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    631428 | PA      | $634175.48    | 0.10%             | 2055-02-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2021-RPL4                                                          | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 RPL4 A1 144A        | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    604291 | PA      | $602308.17    | 0.10%             | 2060-12-27      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                                   | SWEDBANK AB 144A 09/27 5.337                               | CUSIP: 87020PAT4<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $204113.50    | 0.03%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2005-AR6                                              | GSR MORTGAGE LOAN TRUST GSR 2005 AR6 2A1                   | CUSIP: 362341RX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1365 | PA      | $1313.08      | 0.00%             | 2035-09-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL 795297 FN 07/44 FLOATING VAR                     | CUSIP: 31405PRS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       512 | PA      | $516.38       | 0.00%             | 2044-07-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| MASTER CREDIT CARD TRUST II 2023-2A                                           | MASTER CREDIT CARD TRUST MCCT 2023 2A A 144A               | CUSIP: 576339DJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   4400000 | PA      | $4398232.52   | 0.70%             | 2027-01-21      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2019-FL12              | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2019 FL12 A 144A      | CUSIP: 46651QAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    137825 | PA      | $137259.22    | 0.02%             | 2031-12-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                       | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 08/25 VAR        | CUSIP: 44891ACL9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   5236000 | PA      | $5238516.42   | 0.83%             | 2025-08-04      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2019-INV3                                            | JP MORGAN MORTGAGE TRUST JPMMT 2019 INV3 A3 144A           | CUSIP: 46591LAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73192 | PA      | $66082.63     | 0.01%             | 2050-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| VENTURE XXIX CLO LTD 2017-29A                                                 | VENTURE CDO LTD VENTR 2017 29A AR 144A                     | CUSIP: 92331EAF3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    599760 | PA      | $600240.91    | 0.10%             | 2030-09-07      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCE US INC                                                     | STELLANTIS FIN US INC COMPANY GUAR 144A 03/28 5.35         | CUSIP: 85855CAM2<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504262.07    | 0.08%             | 2028-03-17      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| LEGACY MORTGAGE ASSET TRUST 2021-GS5                                          | LEGACY MORTGAGE ASSET TRUST LMAT 2021 GS5 A1 144A          | CUSIP: 52475XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    241270 | PA      | $240992.71    | 0.04%             | 2067-07-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                        | MORGAN STANLEY BANK NA SR UNSECURED 05/28 VAR              | CUSIP: 61690U8C7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1103420.90   | 0.18%             | 2028-05-26      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-54586.08    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| IMPAC CMB TR 2004-10                                                          | IMPAC CMB TRUST IMM 2004 10 1A1                            | CUSIP: 45254NLJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     47876 | PA      | $46219.99     | 0.01%             | 2035-03-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA (EDF)                                                | ELECTRICITE DE FRANCE SA SR UNSECURED 144A 10/25 3.625     | CUSIP: 268317AS3<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $498020.70    | 0.08%             | 2025-10-13      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MMAF EQUIPMENT FINANCE LLC 2023-A                                             | MMAF EQUIPMENT FINANCE LLC MMAF 2023 A A2 144A             | CUSIP: 55317WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    267884 | PA      | $268689.22    | 0.04%             | 2026-11-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| FREMONT HOME LOAN TRUST 2005-A                                                | FREMONT HOME LOAN TRUST FHLT 2005 A M3                     | CUSIP: 35729PHN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     31715 | PA      | $31403.76     | 0.00%             | 2035-01-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| LCM LOAN INCOME FUND I LTD                                                    | LCM LOAN INCOME FUND LTD LCMLF 1A A 144A                   | CUSIP: 50189XAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    686757 | PA      | $687612.95    | 0.11%             | 2031-04-20      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-C                                       | SMB PRIVATE EDUCATION LOAN TRU SMB 2023 C A1B 144A         | CUSIP: 83207DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    702522 | PA      | $710067.90    | 0.11%             | 2052-11-15      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL CORPORATION                                             | PINNACLE WEST CAPITAL SR UNSECURED 06/26 VAR               | CUSIP: 723484AL5<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    800000 | PA      | $801401.19    | 0.13%             | 2026-06-10      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST 2017-AGS                                        | COMMONBOND STUDENT LOAN TRUST CBSLT 2017 AGS A1 144A       | CUSIP: 20267VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     23977 | PA      | $22873.93     | 0.00%             | 2041-05-25      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                          | LAS VEGAS SANDS CORP LAS VEGAS SANDS CORP                  | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    600000 | PA      | $613307.08    | 0.10%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                  | SYNOPSYS INC SR UNSECURED 04/28 4.65                       | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1313496.02   | 0.21%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                    | ABBVIE INC                                                 | CUSIP: 00287BU72<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   6300000 | PA      | $6294395.52   | 1.00%             | 2025-07-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2021-NMR1                                       | MILL CITY MORTGAGE TRUST MCMLT 2021 NMR1 A1 144A           | CUSIP: 59982HAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    374311 | PA      | $357809.02    | 0.06%             | 2060-11-25      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| AVON FINANCE 4A                                                               | AVON FINANCE AVON 4A A 144A                                | CUSIP: ACI2JTXR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   1970011 | PA      | $2708642.15   | 0.43%             | 2049-12-28      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC 2024-1A                                             | CHESAPEAKE FUNDING II LLC CFII 2024 1A A1 144A             | CUSIP: 165183DE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660479 | PA      | $667369.80    | 0.11%             | 2036-05-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM5 TRUST                                                           | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM5 A1 144A             | CUSIP: 67448NAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    479067 | PA      | $482579.71    | 0.08%             | 2064-01-25      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT AUD SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $194671.62    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAST MORTGAGE TRUST 2022-1700                                                | BSST MORTGAGE TRUST BSST 2022 1700 A 144A                  | CUSIP: 055742AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2600000 | PA      | $2347991.62   | 0.37%             | 2037-02-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2004-HE4                                         | MORGAN STANLEY CAPITAL INC MSAC 2004 HE4 M1                | CUSIP: 61746RGK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    224960 | PA      | $236710.15    | 0.04%             | 2034-05-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                                           | NISSAN MOTOR ACCEPTANCE SR UNSECURED REGS 03/26 2          | CUSIP: U65478BU9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    600000 | PA      | $585367.57    | 0.09%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                         | AIR LEASE CORP AIR LEASE CORP                              | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    600000 | PA      | $604108.60    | 0.10%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                              | DEUTSCHE BANK NY 07/27 VAR                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    700000 | PA      | $717820.43    | 0.11%             | 2027-07-13      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CHF BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |         1 | NC      | $-699.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                                           | NISSAN MOTOR ACCEPTANCE SR UNSECURED REGS 09/26 1.85       | CUSIP: U6547TAC4<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190879.82    | 0.03%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                            | CREDIT AGRICOLE SA CREDIT AGRICOLE SA                      | CUSIP: 22536PAM3<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $301823.52    | 0.05%             | 2028-09-11      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                             | HSBC HOLDINGS PLC SR UNSECURED 09/26 VAR                   | CUSIP: 404280BW8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   4900000 | PA      | $4913648.02   | 0.78%             | 2026-09-12      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                          | JACKSON NATL LIFE GLOBAL SECURED 144A 01/28 VAR            | CUSIP: 46849CJN2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |    800000 | PA      | $802984.92    | 0.13%             | 2028-01-14      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5517                                                       | FREDDIE MAC FHR 5517 VF                                    | CUSIP: 3137HKP40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1795585 | PA      | $1797559.14   | 0.29%             | 2055-03-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| CS FIRST BOSTON MTG SEC CORP 2002-HE1                                         | CREDIT SUISSE FIRST BOSTON MOR CSFB 2002 HE1 A2            | CUSIP: 22540VUG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1315 | PA      | $1259.31      | 0.00%             | 2032-08-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES1                                                 | WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES1 A1A 144A        | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    372789 | PA      | $375283.45    | 0.06%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| TIAA CLO IV LTD 2018-1A                                                       | TIAA CLO LTD TIA 2018 1A A1AR 144A                         | CUSIP: 88631YAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1573126 | PA      | $1574689.66   | 0.25%             | 2032-01-20      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2020-IA                                            | NAVIENT STUDENT LOAN TRUST NAVSL 2020 IA A1B 144A          | CUSIP: 63942AAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    874702 | PA      | $870714.18    | 0.14%             | 2069-04-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-19

**Name of Applicant:** PIMCO Variable Insurance Trust

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer