# EDGAR Filing Document

**Accession Number:** 0000783740
**File Stem:** 0002071691-25-003690
**Filing Date:** 2025-10
**Character Count:** 536601
**Document Hash:** 74d22c85c5862281b1e4400f93b9aab9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-003690.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0002071691-25-003690

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST X
- **CENTRAL INDEX KEY:** 0000783740

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04492
- **FILM NUMBER:** 251420584

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS GOVERNMENT MORTGAGE FUND
- **DATE OF NAME CHANGE:** 19930408

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS GOVERNMENT INCOME PLUS FUND
- **DATE OF NAME CHANGE:** 19930312

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASSACHUSETTS MFS GOVERNMENT INCOME PLUS FUND
- **DATE OF NAME CHANGE:** 19921015

## Series and Classes Contracts Data

### MFS Global Opportunistic Bond Fund (Series ID: S000028956)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000088935 | A            | MGBAX           |
| C000088936 | B            | MGBBX           |
| C000088937 | C            | MGBDX           |
| C000088938 | I            | MGBJX           |
| C000088939 | R1           | MGBKX           |
| C000088940 | R2           | MGBLX           |
| C000088941 | R3           | MGBMX           |
| C000088942 | R4           | MGBNX           |
| C000120923 | R6           | MGBOX           |

## Nport-Ex

GLB-Q3

![](img3fc0c06d1.gif)

**Quarterly Report**

August 31, 2025

MFS<sup>®</sup> Global Opportunistic <br>Bond Fund

![](img11f893f52.gif)

------

**Portfolio of Investments**

8/31/25 (unaudited)

The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – 97.0%  | Bonds – 97.0%  | Bonds – 97.0%  |
| Aerospace & Defense – 0.5% | Aerospace & Defense – 0.5% | Aerospace & Defense – 0.5% |
| Boeing Co., 6.388%, 5/01/2031  | $278000 | &nbsp;&nbsp;&nbsp; $301927 |
| Boeing Co., 5.805%, 5/01/2050  | 1344000 | &nbsp;&nbsp;&nbsp; 1292440 |
| Huntington Ingalls Industries, Inc., 5.749%, 1/15/2035  | 639000 | &nbsp;&nbsp;&nbsp; 662793 |
| Thales S.A., 4.25%, 10/18/2031  | 600000 | &nbsp;&nbsp;&nbsp; 750156 |
| TransDigm, Inc., 6.375%, 3/01/2029 (n) | $2317000 | &nbsp;&nbsp;&nbsp; 2372221 |
|  |  | &nbsp;&nbsp;&nbsp; $5379537 |
| Asset-Backed & Securitized – 6.8% | Asset-Backed & Securitized – 6.8% | Asset-Backed & Securitized – 6.8% |
| 3650R Commercial Mortgage Trust, 2021-PF1, "XA", 1.109%, 11/15/2054 (i) | $11617827 | &nbsp;&nbsp;&nbsp; $438224 |
| ACREC 2021-FL1 Ltd., "C", FLR, 6.624% ((SOFR - 1mo. + 0.11448%) + 2.15%), 10/16/2036 (n) | 2557500 | &nbsp;&nbsp;&nbsp; 2558374 |
| Angel Oak Mortgage Trust, 2024-12, "A1", 5.653%, 10/25/2069 (n) | 2933766 | &nbsp;&nbsp;&nbsp; 2951241 |
| Angel Oak Mortgage Trust, 2024-9, "A1", 5.138%, 9/25/2069 (n) | 2545560 | &nbsp;&nbsp;&nbsp; 2540520 |
| Angel Oak Mortgage Trust, 2025-1, "A2", 5.844%, 1/25/2070 (n) | 1213394 | &nbsp;&nbsp;&nbsp; 1222215 |
| Arbor Realty Trust, Inc., CLO, 2021-FL3, "B", FLR, 6.078% ((SOFR - 1mo. + 0.11448%) + 1.6%), 8/15/2034 (n) | 1205000 | &nbsp;&nbsp;&nbsp; 1204508 |
| Arbor Realty Trust, Inc., CLO, 2021-FL3, "C", FLR, 6.328% ((SOFR - 1mo. + 0.11448%) + 1.85%), 8/15/2034 (n) | 1049500 | &nbsp;&nbsp;&nbsp; 1045550 |
| Arbor Realty Trust, Inc., CLO, 2022-FL1, "D", FLR, 7.342% (SOFR - 30 day + 3%), 1/15/2037 (n) | 2400000 | &nbsp;&nbsp;&nbsp; 2394185 |
| AREIT 2022-CRE6 Trust, "C", FLR, 6.491% (SOFR - 30 day + 2.15%), 1/20/2037 (n) | 533500 | &nbsp;&nbsp;&nbsp; 526831 |
| AREIT 2022-CRE6 Trust, "D", FLR, 7.192% (SOFR - 30 day + 2.85%), 1/20/2037 (n) | 569500 | &nbsp;&nbsp;&nbsp; 556685 |
| Bain Capital Credit CLO Ltd., 2021-7A, "BR", FLR, 5.832% (SOFR - 3mo. + 1.5%), 1/22/2035 (n) | 3802743 | &nbsp;&nbsp;&nbsp; 3793909 |
| BBCMS Mortgage Trust, 2020-C7, "XA", 1.705%, 4/15/2053 (i) | 1381260 | &nbsp;&nbsp;&nbsp; 64681 |
| BBCMS Mortgage Trust, 2021-C10, "XA", 1.329%, 7/15/2054 (i) | 9000720 | &nbsp;&nbsp;&nbsp; 464546 |
| BBCMS Mortgage Trust, 2021-C9, "XA", 1.696%, 2/15/2054 (i) | 14683025 | &nbsp;&nbsp;&nbsp; 965186 |
| Benchmark 2020-B18 Mortgage Trust, "XA", 1.853%, 7/15/2053 (i) | 10505533 | &nbsp;&nbsp;&nbsp; 560877 |
| Benchmark 2021-B24 Mortgage Trust, "XA", 1.25%, 3/15/2054 (i) | 6349789 | &nbsp;&nbsp;&nbsp; 259343 |
| Benchmark 2021-B26 Mortgage Trust, "XA", 0.956%, 6/15/2054 (i) | 19200085 | &nbsp;&nbsp;&nbsp; 657442 |
| Benchmark 2021-B27 Mortgage Trust, "XA", 1.349%, 7/15/2054 (i) | 19677307 | &nbsp;&nbsp;&nbsp; 1005778 |
| Benchmark 2021-B28 Mortgage Trust, "XA", 1.351%, 8/15/2054 (i) | 20421527 | &nbsp;&nbsp;&nbsp; 1059348 |
| BMP Commercial Mortgage Trust, 2024-MF23, "C", FLR, 6.204% (SOFR - 1mo. + 1.8413%), 6/15/2041 (n) | 941760 | &nbsp;&nbsp;&nbsp; 944409 |
| BMP Commercial Mortgage Trust, 2024-MF23, "D", FLR, 6.754% (SOFR - 1mo. + 2.3905%), 6/15/2041 (n) | 754553 | &nbsp;&nbsp;&nbsp; 756675 |
| BSPRT 2021-FL7 Issuer Ltd., "B", FLR, 6.527% ((SOFR - 1mo. + 0.11448%) + 2.05%), 12/15/2038 (n) | 632000 | &nbsp;&nbsp;&nbsp; 631747 |
| BSPRT 2021-FL7 Issuer Ltd., "C", FLR, 6.778% ((SOFR - 1mo. + 0.11448%) + 2.3%), 12/15/2038 (n) | 572500 | &nbsp;&nbsp;&nbsp; 568704 |
| Business Jet Securities LLC, 2024-1A, "A", 6.197%, 5/15/2039 (n) | 1333028 | &nbsp;&nbsp;&nbsp; 1375730 |
| Business Jet Securities LLC, 2024-1A, "B", 6.924%, 5/15/2039 (n) | 79065 | &nbsp;&nbsp;&nbsp; 81404 |
| Business Jet Securities LLC, 2024-2A, "A", 5.364%, 9/15/2039 (n) | 818492 | &nbsp;&nbsp;&nbsp; 822985 |
| BX Trust, 2024-PURE, "A", FLR, 4.663% (CORRA + 1.9%), 11/15/2041 (n) | 1959731 | &nbsp;&nbsp;&nbsp; 1441534 |
| Cathedral Lake VI Ltd., FLR, 6.111% (SOFR - 3mo. + 1.85%), 4/25/2034 (n) | $1783838 | &nbsp;&nbsp;&nbsp; 1783809 |
| CF Hippolyta Issuer LLC, 2020-1, "A1", 1.69%, 7/15/2060 (n) | 380466 | &nbsp;&nbsp;&nbsp; 329424 |
| Chesapeake Funding II LLC, 2023-1A, "A1", 5.65%, 5/15/2035 (n) | 411016 | &nbsp;&nbsp;&nbsp; 413549 |
| Colt Funding LLC, 2024-1, "A1", 5.835%, 2/25/2069 (n) | 888503 | &nbsp;&nbsp;&nbsp; 894325 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN32, "XA", 0.87%, 4/15/2054 (i) | 7737373 | &nbsp;&nbsp;&nbsp; 233488 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN34, "XA", 1.066%, 6/15/2063 (i) | 11244629 | &nbsp;&nbsp;&nbsp; 439974 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN35, "XA", 1.134%, 6/15/2064 (i) | 9358982 | &nbsp;&nbsp;&nbsp; 404443 |
| Commercial Mortgage Pass-Through Certificates, 2022-BNK41, "AS", 3.916%, 4/15/2065  | 2344000 | &nbsp;&nbsp;&nbsp; 2170345 |
| Commercial Mortgage Pass-Through Certificates, 2024-YR9, "AS", 6.182%, 8/15/2057  | 1128169 | &nbsp;&nbsp;&nbsp; 1180214 |
| ELM Trust, 2024-ELM, "B10", 6.195%, 6/10/2039 (n) | 1580784 | &nbsp;&nbsp;&nbsp; 1594718 |
| ELM Trust, 2024-ELM, "C10", 6.396%, 6/10/2039 (n) | 194910 | &nbsp;&nbsp;&nbsp; 196457 |
| ELM Trust, 2024-ELM, "D10", 6.847%, 6/10/2039 (n) | 100000 | &nbsp;&nbsp;&nbsp; 100521 |
| Empire District Bondco LLC, 4.943%, 1/01/2033  | 1287146 | &nbsp;&nbsp;&nbsp; 1303713 |
| Enterprise Fleet Financing 2024-3 LLC, "A2", 5.31%, 4/20/2027 (n) | 482764 | &nbsp;&nbsp;&nbsp; 485306 |
| Enterprise Fleet Financing 2025-1 LLC, "A2", 4.65%, 10/20/2027 (n) | 432000 | &nbsp;&nbsp;&nbsp; 433523 |
| EQT Trust, 2024-EXTR, "B", 5.655%, 7/05/2041 (n) | 606933 | &nbsp;&nbsp;&nbsp; 619034 |
| EQT Trust, 2024-EXTR, "C", 6.046%, 7/05/2041 (n) | 151515 | &nbsp;&nbsp;&nbsp; 154773 |
| EQT Trust, 2024-EXTR, "D", 6.682%, 7/05/2041 (n) | 150000 | &nbsp;&nbsp;&nbsp; 153179 |
| Fortress CBO Investments Ltd., 2022-FL3, "AS", FLR, 6.598% (SOFR - 30 day + 2.25%), 2/23/2039 (n) | 680411 | &nbsp;&nbsp;&nbsp; 679587 |
| GLS Auto Receivables Trust, 2024-3A, "A", 5.59%, 10/15/2029 (n) | 693684 | &nbsp;&nbsp;&nbsp; 700732 |
| KREF 2021-FL2 Ltd., "B", FLR, 6.128% ((SOFR - 1mo. + 0.11448%) + 1.65%), 2/15/2039 (n) | 2155000 | &nbsp;&nbsp;&nbsp; 2140105 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Asset-Backed & Securitized – continued | Asset-Backed & Securitized – continued | Asset-Backed & Securitized – continued |
| LoanCore 2021-CRE5 Ltd., "B", FLR, 6.478% ((SOFR - 1mo. + 0.11448%) + 2.0%), 7/15/2036 (n) | $1395500 | &nbsp;&nbsp;&nbsp; $1391957 |
| MF1 2021-FL5 Ltd., "C", FLR, 6.177% ((SOFR - 1mo. + 0.11448%) + 1.7%), 7/15/2036 (n) | 645000 | &nbsp;&nbsp;&nbsp; 645011 |
| MF1 2021-FL6 Ltd., "B", FLR, 6.124% ((SOFR - 1mo. + 0.11448%) + 1.65%), 7/16/2036 (n) | 3800000 | &nbsp;&nbsp;&nbsp; 3790375 |
| MF1 2022-FL8 Ltd., "C", FLR, 6.553% (SOFR - 30 day + 2.2%), 2/19/2037 (n) | 1130366 | &nbsp;&nbsp;&nbsp; 1124251 |
| MF1 2024-FL14 LLC, "B", FLR, 7.042% (SOFR - 1mo. + 2.689%), 3/19/2039 (n) | 848223 | &nbsp;&nbsp;&nbsp; 850297 |
| Morgan Stanley Capital I Trust, 2021-L5, "XA", 1.398%, 5/15/2054 (i) | 5595824 | &nbsp;&nbsp;&nbsp; 258289 |
| Morgan Stanley Capital I Trust, 2021-L6, "XA", 1.288%, 6/15/2054 (i) | 16097211 | &nbsp;&nbsp;&nbsp; 647407 |
| OBX Trust, 2024-NQM1, "A1", 5.928%, 11/25/2063 (n) | 775465 | &nbsp;&nbsp;&nbsp; 780960 |
| OBX Trust, 2024-NQM2, "A1", 5.878%, 12/25/2063 (n) | 1838284 | &nbsp;&nbsp;&nbsp; 1849153 |
| OBX Trust, 2024-NQM3, "A1", 6.129%, 12/25/2063 (n) | 378263 | &nbsp;&nbsp;&nbsp; 382529 |
| OBX Trust, 2024-NQM8, "A1", 6.233%, 5/25/2064 (n) | 1294583 | &nbsp;&nbsp;&nbsp; 1311535 |
| Shelter Growth CRE 2021-FL3 Ltd., "C", FLR, 6.628% ((SOFR - 1mo. + 0.11448%) + 2.15%), 9/15/2036 (n) | 1212000 | &nbsp;&nbsp;&nbsp; 1211393 |
| Starwood Commercial Mortgage, 2021-FL2, "B", FLR, 6.274% ((SOFR - 1mo. + 0.11448%) + <br> 1.8%), 4/18/2038 (n)<br>| 1223000 | &nbsp;&nbsp;&nbsp; 1212857 |
| Starwood Commercial Mortgage, 2021-FL2, "C", FLR, 6.574% ((SOFR - 1mo. + 0.11448)% + <br> 2.1%), 4/18/2038 (n)<br>| 238000 | &nbsp;&nbsp;&nbsp; 236111 |
| TCW Gem Ltd., 2020-1A, "BR3", FLR, 5.925% (SOFR - 3mo. + 1.6%), 4/20/2034 (n) | 3150000 | &nbsp;&nbsp;&nbsp; 3132886 |
| TPG Real Estate Finance, 2021-FL4, "AS", FLR, 5.877% ((SOFR - 1mo. + 0.11448%) + 1.4%), 3/15/2038 (n) | 800000 | &nbsp;&nbsp;&nbsp; 798002 |
| Verus Securitization Trust, 2014-1, "A1", 5.712%, 1/25/2069 (n) | 931439 | &nbsp;&nbsp;&nbsp; 937077 |
| Volvo Financial Equipment LLC, 2024-1A, "A2", 4.56%, 5/17/2027 (n) | 1097219 | &nbsp;&nbsp;&nbsp; 1098471 |
| Wells Fargo Commercial Mortgage Trust, 2021-C59, "XA", 1.622%, 4/15/2054 (i) | 9143842 | &nbsp;&nbsp;&nbsp; 548043 |
| Wells Fargo Commercial Mortgage Trust, 2021-C60, "XA", 1.617%, 8/15/2054 (i) | 15275422 | &nbsp;&nbsp;&nbsp; 973882 |
|  |  | &nbsp;&nbsp;&nbsp; $70484336 |
| Automotive – 0.7% | Automotive – 0.7% | Automotive – 0.7% |
| Dornoch Debt Merger Sub, Inc., 6.625%, 10/15/2029 (n) | $1378000 | &nbsp;&nbsp;&nbsp; $1195934 |
| Ford Motor Credit Co. LLC, 5.8%, 3/08/2029  | 949000 | &nbsp;&nbsp;&nbsp; 959531 |
| Hyundai Capital America, 5.25%, 1/08/2027 (n) | 248000 | &nbsp;&nbsp;&nbsp; 250724 |
| Hyundai Capital America, 6.375%, 4/08/2030 (n) | 825000 | &nbsp;&nbsp;&nbsp; 882692 |
| Stellantis N.V. , 4.625%, 6/06/2035  | 940000 | &nbsp;&nbsp;&nbsp; 1076034 |
| Volkswagen Bank GmbH, 3.5%, 6/19/2031  | 900000 | &nbsp;&nbsp;&nbsp; 1052206 |
| Volkswagen International Finance N.V., 5.994%, 5/15/2174  | 500000 | &nbsp;&nbsp;&nbsp; 604710 |
| Volkswagen Leasing GmbH, 4%, 4/11/2031  | 690000 | &nbsp;&nbsp;&nbsp; 831623 |
|  |  | &nbsp;&nbsp;&nbsp; $6853454 |
| Broadcasting – 0.5% | Broadcasting – 0.5% | Broadcasting – 0.5% |
| Arqiva Broadcast Finance PLC, 8.625%, 7/01/2030  | 1338000 | &nbsp;&nbsp;&nbsp; $1852374 |
| Univision Communications, Inc., 8.5%, 7/31/2031 (n) | $1967000 | &nbsp;&nbsp;&nbsp; 2026917 |
| WMG Acquisition Corp., 3.75%, 12/01/2029 (n) | 1076000 | &nbsp;&nbsp;&nbsp; 1021107 |
|  |  | &nbsp;&nbsp;&nbsp; $4900398 |
| Brokerage & Asset Managers – 0.8% | Brokerage & Asset Managers – 0.8% | Brokerage & Asset Managers – 0.8% |
| Charles Schwab Corp., 6.136% to 8/24/2033, FLR (SOFR - 1 day + 2.01%) to 8/24/2034  | $950000 | &nbsp;&nbsp;&nbsp; $1032293 |
| Citadel Securities Global Holdings LLC, 5.5%, 6/18/2030 (n) | 1369000 | &nbsp;&nbsp;&nbsp; 1400893 |
| Jane Street Group/JSG Finance, Inc., 6.125%, 11/01/2032 (n) | 2577000 | &nbsp;&nbsp;&nbsp; 2588911 |
| Low Income Investment Fund, 3.386%, 7/01/2026  | 310000 | &nbsp;&nbsp;&nbsp; 305192 |
| Low Income Investment Fund, 3.711%, 7/01/2029  | 840000 | &nbsp;&nbsp;&nbsp; 798605 |
| LPL Holdings, Inc., 4%, 3/15/2029 (n) | 1333000 | &nbsp;&nbsp;&nbsp; 1302854 |
| LPL Holdings, Inc., 5.65%, 3/15/2035  | 324000 | &nbsp;&nbsp;&nbsp; 327482 |
| LSEG US Financial Corp., 5.297%, 3/28/2034 (n) | 755000 | &nbsp;&nbsp;&nbsp; 775264 |
|  |  | &nbsp;&nbsp;&nbsp; $8531494 |
| Building – 1.0% | Building – 1.0% | Building – 1.0% |
| AmeriTex Holdco Intermediate LLC, 7.625%, 8/15/2033 (n) | $1951000 | &nbsp;&nbsp;&nbsp; $2013067 |
| CRH Finance (U.K.) PLC, 4.125%, 12/02/2029  | 780000 | &nbsp;&nbsp;&nbsp; 1029329 |
| Ferguson Enterprises, Inc., 5%, 10/03/2034  | $774000 | &nbsp;&nbsp;&nbsp; 766263 |
| Foundation Building Materials LLC, 6%, 3/01/2029 (n) | 1854000 | &nbsp;&nbsp;&nbsp; 1874515 |
| JH North America Holdings, Inc., 5.875%, 1/31/2031 (n) | 960000 | &nbsp;&nbsp;&nbsp; 970478 |
| JH North America Holdings, Inc., 6.125%, 7/31/2032 (n) | 581000 | &nbsp;&nbsp;&nbsp; 589700 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Building – continued | Building – continued | Building – continued |
| LBM Acquisition LLC, 6.25%, 1/15/2029 (n) | $1832000 | &nbsp;&nbsp;&nbsp; $1680645 |
| Vulcan Materials Co., 3.5%, 6/01/2030  | 779000 | &nbsp;&nbsp;&nbsp; 751279 |
| Vulcan Materials Co., 5.7%, 12/01/2054  | 438000 | &nbsp;&nbsp;&nbsp; 432507 |
|  |  | &nbsp;&nbsp;&nbsp; $10107783 |
| Business Services – 1.2% | Business Services – 1.2% | Business Services – 1.2% |
| Accenture Capital, Inc., 4.25%, 10/04/2031  | $506000 | &nbsp;&nbsp;&nbsp; $504381 |
| Accenture Capital, Inc., 4.5%, 10/04/2034  | 338000 | &nbsp;&nbsp;&nbsp; 330128 |
| ams-OSRAM AG, 10.5%, 3/30/2029  | 1614000 | &nbsp;&nbsp;&nbsp; 2001952 |
| Experian Finance PLC, 3.51%, 12/15/2033  | 720000 | &nbsp;&nbsp;&nbsp; 844243 |
| Experian Finance PLC, 3.375%, 10/10/2034  | 1010000 | &nbsp;&nbsp;&nbsp; 1165498 |
| Fiserv Funding ULC, 3.5%, 6/15/2032  | 770000 | &nbsp;&nbsp;&nbsp; 894022 |
| Fiserv, Inc., 4.4%, 7/01/2049  | $1046000 | &nbsp;&nbsp;&nbsp; 836427 |
| Iron Mountain, Inc., 5.25%, 3/15/2028 (n) | 2222000 | &nbsp;&nbsp;&nbsp; 2216735 |
| Mastercard, Inc., 4.55%, 1/15/2035  | 640000 | &nbsp;&nbsp;&nbsp; 631956 |
| Mastercard, Inc., 3.85%, 3/26/2050  | 309000 | &nbsp;&nbsp;&nbsp; 239325 |
| Nexi S.p.A., 3.875%, 5/21/2031  | 500000 | &nbsp;&nbsp;&nbsp; 592259 |
| Paychex, Inc., 5.1%, 4/15/2030  | $312000 | &nbsp;&nbsp;&nbsp; 321126 |
| Paychex, Inc., 5.35%, 4/15/2032  | 770000 | &nbsp;&nbsp;&nbsp; 796521 |
| Visa, Inc., 3.875%, 5/15/2044  | 430000 | &nbsp;&nbsp;&nbsp; 500869 |
| Visa, Inc., 3.65%, 9/15/2047  | $630000 | &nbsp;&nbsp;&nbsp; 486568 |
|  |  | &nbsp;&nbsp;&nbsp; $12362010 |
| Cable TV – 0.6% | Cable TV – 0.6% | Cable TV – 0.6% |
| Cable One, Inc., 4%, 11/15/2030 (n) | $685000 | &nbsp;&nbsp;&nbsp; $566708 |
| Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 6.1%, 6/01/2029  | 658000 | &nbsp;&nbsp;&nbsp; 691644 |
| Charter Communications Operating LLC/Charter Communications Operating Capital Corp., <br> 5.85%, 12/01/2035 (w)<br>| 611000 | &nbsp;&nbsp;&nbsp; 612079 |
| Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 6.484%, 10/23/2045  | 834000 | &nbsp;&nbsp;&nbsp; 811207 |
| Summer BidCo B.V., 10% (10% Cash or 10.75% PIK), 2/15/2029 (n)(p) | 1578092 | &nbsp;&nbsp;&nbsp; 1865916 |
| Summer BidCo B.V., 10%, 2/15/2029  | 310750 | &nbsp;&nbsp;&nbsp; 367427 |
| Videotron Ltd., 3.625%, 6/15/2029 (n) | $1302000 | &nbsp;&nbsp;&nbsp; 1256860 |
|  |  | &nbsp;&nbsp;&nbsp; $6171841 |
| Chemicals – 0.4% | Chemicals – 0.4% | Chemicals – 0.4% |
| Arkema S.A., 3.5%, 9/12/2034  | 700000 | &nbsp;&nbsp;&nbsp; $808036 |
| Chemours Co., 4.625%, 11/15/2029 (n) | $1831000 | &nbsp;&nbsp;&nbsp; 1634984 |
| Maxam Prill S.à r.l., 6%, 7/15/2030 (n) | 1590000 | &nbsp;&nbsp;&nbsp; 1811623 |
|  |  | &nbsp;&nbsp;&nbsp; $4254643 |
| Computer Software – 0.4% | Computer Software – 0.4% | Computer Software – 0.4% |
| Fair Isaac Corp., 6%, 5/15/2033 (n) | $2440000 | &nbsp;&nbsp;&nbsp; $2472740 |
| Microsoft Corp., 2.525%, 6/01/2050  | 515000 | &nbsp;&nbsp;&nbsp; 314832 |
| Microsoft Corp., 2.675%, 6/01/2060  | 607000 | &nbsp;&nbsp;&nbsp; 351644 |
| Oracle Corp., 4%, 7/15/2046  | 821000 | &nbsp;&nbsp;&nbsp; 625989 |
| Sage Group PLC, 2.875%, 2/08/2034  | 614000 | &nbsp;&nbsp;&nbsp; 685663 |
|  |  | &nbsp;&nbsp;&nbsp; $4450868 |
| Computer Software - Systems – 0.1% | Computer Software - Systems – 0.1% | Computer Software - Systems – 0.1% |
| Apple, Inc., 4.5%, 2/23/2036 (f)  | $626000 | &nbsp;&nbsp;&nbsp; $628428 |
| Conglomerates – 0.3% | Conglomerates – 0.3% | Conglomerates – 0.3% |
| nVent Finance S.à r.l., 5.65%, 5/15/2033  | $300000 | &nbsp;&nbsp;&nbsp; $308630 |
| Regal Rexnord Corp., 6.05%, 4/15/2028  | 989000 | &nbsp;&nbsp;&nbsp; 1023906 |
| Regal Rexnord Corp., 6.4%, 4/15/2033  | 518000 | &nbsp;&nbsp;&nbsp; 551092 |
| Siemens Financieringsmaatschappij N.V., 4%, 5/27/2045  | 300000 | &nbsp;&nbsp;&nbsp; 348121 |
| Veralto Corp., 4.15%, 9/19/2031  | 649000 | &nbsp;&nbsp;&nbsp; 791275 |
| Westinghouse Air Brake Technologies Corp., 5.611%, 3/11/2034  | $465000 | &nbsp;&nbsp;&nbsp; 482596 |
|  |  | &nbsp;&nbsp;&nbsp; $3505620 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Construction – 0.1% | Construction – 0.1% | Construction – 0.1% |
| Empire Communities Corp., 9.75%, 5/01/2029 (n)  | $1425000 | &nbsp;&nbsp;&nbsp; $1453500 |
| Consumer Products – 0.7% | Consumer Products – 0.7% | Consumer Products – 0.7% |
| Acushnet Co., 7.375%, 10/15/2028 (n) | $2069000 | &nbsp;&nbsp;&nbsp; $2162573 |
| Kenvue, Inc., 5.05%, 3/22/2053  | 696000 | &nbsp;&nbsp;&nbsp; 635816 |
| L'Oréal S.A., 5%, 5/20/2035 (n) | 563000 | &nbsp;&nbsp;&nbsp; 573780 |
| Newell Brands, Inc., 6.375%, 5/15/2030  | 1952000 | &nbsp;&nbsp;&nbsp; 1925119 |
| Opal Bidco S.A.S., 5.5%, 3/31/2032 (n) | 1489000 | &nbsp;&nbsp;&nbsp; 1801564 |
| Opal Bidco S.A.S., 5.5%, 3/31/2032  | 100000 | &nbsp;&nbsp;&nbsp; 120991 |
|  |  | &nbsp;&nbsp;&nbsp; $7219843 |
| Consumer Services – 0.8% | Consumer Services – 0.8% | Consumer Services – 0.8% |
| Amber Finco PLC, 6.625%, 7/15/2029 (n) | 478000 | &nbsp;&nbsp;&nbsp; $588334 |
| Amber Finco PLC, 6.625%, 7/15/2029  | 1250000 | &nbsp;&nbsp;&nbsp; 1538531 |
| Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp., 9.75%, 4/15/2030 (n) | $862000 | &nbsp;&nbsp;&nbsp; 915669 |
| Booking Holdings, Inc., 3.25%, 11/21/2032  | 810000 | &nbsp;&nbsp;&nbsp; 940823 |
| Booking Holdings, Inc., 4.125%, 5/09/2038  | 470000 | &nbsp;&nbsp;&nbsp; 552715 |
| Eurofins Scientific SE, 3.875%, 2/05/2033  | 230000 | &nbsp;&nbsp;&nbsp; 269049 |
| Pluxee N.V., 3.75%, 9/04/2032  | 700000 | &nbsp;&nbsp;&nbsp; 821742 |
| Realogy Group LLC/Realogy Co-Issuer Corp., 5.75%, 1/15/2029 (n) | $942000 | &nbsp;&nbsp;&nbsp; 872781 |
| Verisure Midholding AB, 5.25%, 2/15/2029  | 1215000 | &nbsp;&nbsp;&nbsp; 1428135 |
|  |  | &nbsp;&nbsp;&nbsp; $7927779 |
| Electrical Equipment – 0.1% | Electrical Equipment – 0.1% | Electrical Equipment – 0.1% |
| Arrow Electronics, Inc., 2.95%, 2/15/2032  | $597000 | &nbsp;&nbsp;&nbsp; $527116 |
| Arrow Electronics, Inc., 5.875%, 4/10/2034  | 499000 | &nbsp;&nbsp;&nbsp; 517476 |
|  |  | &nbsp;&nbsp;&nbsp; $1044592 |
| Electronics – 0.3% | Electronics – 0.3% | Electronics – 0.3% |
| Broadcom, Inc., 4.55%, 2/15/2032  | $1049000 | &nbsp;&nbsp;&nbsp; $1044092 |
| Broadcom, Inc., 5.2%, 7/15/2035  | 518000 | &nbsp;&nbsp;&nbsp; 522714 |
| Intel Corp., 5.7%, 2/10/2053  | 560000 | &nbsp;&nbsp;&nbsp; 514970 |
| NXP B.V./NXP Funding LLC/NXP USA, Inc., 3.4%, 5/01/2030  | 415000 | &nbsp;&nbsp;&nbsp; 397223 |
| NXP B.V./NXP Funding LLC/NXP USA, Inc., 5%, 1/15/2033  | 191000 | &nbsp;&nbsp;&nbsp; 191241 |
|  |  | &nbsp;&nbsp;&nbsp; $2670240 |
| Emerging Market Quasi-Sovereign – 2.2% | Emerging Market Quasi-Sovereign – 2.2% | Emerging Market Quasi-Sovereign – 2.2% |
| Abu Dhabi Developmental Holding Co. PJSC, 5.5%, 5/08/2034 (n) | $1958000 | &nbsp;&nbsp;&nbsp; $2066565 |
| Bank Gospodarstwa Krajowego (Republic of Poland), 5.75%, 7/09/2034 (n) | 1494000 | &nbsp;&nbsp;&nbsp; 1558350 |
| CEZ A.S. (Czech Republic), 4.125%, 4/30/2033  | 760000 | &nbsp;&nbsp;&nbsp; 906757 |
| Chile Electricity Lux MPC II S.à r.l., 5.58%, 10/20/2035 (n) | $494618 | &nbsp;&nbsp;&nbsp; 499613 |
| Corporacion Financiera de Desarrollo S.A. (Republic of Peru), 5.5%, 5/06/2030 (n) | 615000 | &nbsp;&nbsp;&nbsp; 626900 |
| Development Bank of Kazakhstan JSC, 5.25%, 10/23/2029 (n) | 656000 | &nbsp;&nbsp;&nbsp; 669144 |
| Dua Capital Ltd. (Federation of Malaysia), 2.78%, 5/11/2031  | 2465000 | &nbsp;&nbsp;&nbsp; 2261319 |
| Empresa Nacional del Petroleo (Republic of Chile), 5.95%, 7/30/2034 (n) | 1041000 | &nbsp;&nbsp;&nbsp; 1076671 |
| Indian Railway Finance Corp., 2.8%, 2/10/2031  | 1850000 | &nbsp;&nbsp;&nbsp; 1698656 |
| MVM Energetika Zartkoruen Mukodo Reszvenytarsasag (Republic of Hungary), 6.5%, 3/13/2031  | 1460000 | &nbsp;&nbsp;&nbsp; 1532384 |
| Navoi Mining & Metallurgical Co. (Republic of Uzbekistan), 6.7%, 10/17/2028  | 1418000 | &nbsp;&nbsp;&nbsp; 1468033 |
| OCP S.A. (Kingdom of Morocco), 3.75%, 6/23/2031 (n) | 677000 | &nbsp;&nbsp;&nbsp; 619760 |
| OCP S.A. (Kingdom of Morocco), 6.75%, 5/02/2034 (n) | 1038000 | &nbsp;&nbsp;&nbsp; 1096512 |
| Petroleos Mexicanos, 10%, 2/07/2033  | 748000 | &nbsp;&nbsp;&nbsp; 837560 |
| Petroleos Mexicanos, 7.69%, 1/23/2050  | 1388000 | &nbsp;&nbsp;&nbsp; 1186400 |
| PETRONAS Capital Ltd. (Federation of Malaysia), 5.34%, 4/03/2035 (n) | 1740000 | &nbsp;&nbsp;&nbsp; 1796903 |
| State Oil Company of the Azerbaijan Republic, 6.95%, 3/18/2030  | 1481000 | &nbsp;&nbsp;&nbsp; 1579716 |
| Uzbek Industrial and Construction Bank ATB (Republic of Uzbekistan), 8.95%, 7/24/2029 (n) | 992000 | &nbsp;&nbsp;&nbsp; 1060976 |
|  |  | &nbsp;&nbsp;&nbsp; $22542219 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Emerging Market Sovereign – 17.4% | Emerging Market Sovereign – 17.4% | Emerging Market Sovereign – 17.4% |
| Czech Republic, 5%, 9/30/2030  | 152000000 | &nbsp;&nbsp;&nbsp; $7651821 |
| Dominican Republic, 7.05%, 2/03/2031 (n) | $386000 | &nbsp;&nbsp;&nbsp; 411630 |
| Dominican Republic, 4.875%, 9/23/2032  | 1300000 | &nbsp;&nbsp;&nbsp; 1225770 |
| Eagle Funding LuxCo. S.à r.l. (United Mexican States), 5.5%, 8/17/2030 (n) | 769000 | &nbsp;&nbsp;&nbsp; 779843 |
| Federal Republic of Nigeria, 7.875%, 2/16/2032  | 1168000 | &nbsp;&nbsp;&nbsp; 1152838 |
| Federative Republic of Brazil, 10%, 1/01/2035  | 63900000 | &nbsp;&nbsp;&nbsp; 9532226 |
| Hellenic Republic (Republic of Greece), 3.375%, 6/15/2034  | 9875000 | &nbsp;&nbsp;&nbsp; 11638195 |
| Hellenic Republic (Republic of Greece), 3.625%, 6/15/2035 (n) | 15569000 | &nbsp;&nbsp;&nbsp; 18538768 |
| Hellenic Republic (Republic of Greece), 4.125%, 6/15/2054  | 3979000 | &nbsp;&nbsp;&nbsp; 4480794 |
| Oriental Republic of Uruguay, 8.25%, 5/21/2031  | 230028000 | &nbsp;&nbsp;&nbsp; 5838869 |
| Oriental Republic of Uruguay, 9.75%, 7/20/2033  | 93420000 | &nbsp;&nbsp;&nbsp; 2578625 |
| People's Republic of China, 3.13%, 11/21/2029  | 65610000 | &nbsp;&nbsp;&nbsp; 9832953 |
| People's Republic of China, 1.43%, 1/25/2030  | 103790000 | &nbsp;&nbsp;&nbsp; 14437048 |
| People's Republic of China, 2.88%, 2/25/2033  | 113930000 | &nbsp;&nbsp;&nbsp; 17264902 |
| People's Republic of China, 2.27%, 5/25/2034  | 30500000 | &nbsp;&nbsp;&nbsp; 4430176 |
| Republic of Albania, 4.75%, 2/14/2035 (n) | 628000 | &nbsp;&nbsp;&nbsp; 739135 |
| Republic of Bulgaria, 5%, 3/05/2037  | $1192000 | &nbsp;&nbsp;&nbsp; 1173676 |
| Republic of Costa Rica, 7.3%, 11/13/2054  | 1415000 | &nbsp;&nbsp;&nbsp; 1492118 |
| Republic of Cote d'Ivoire, 6.875%, 10/17/2040  | 1521000 | &nbsp;&nbsp;&nbsp; 1578440 |
| Republic of Guatemala, 6.05%, 8/06/2031 (n) | $1545000 | &nbsp;&nbsp;&nbsp; 1597530 |
| Republic of Hungary, 6%, 9/26/2035 (n) | 1827000 | &nbsp;&nbsp;&nbsp; 1873674 |
| Republic of Indonesia, 6.5%, 7/15/2030  | 49000000000 | &nbsp;&nbsp;&nbsp; 3077075 |
| Republic of Indonesia, 5.875%, 3/15/2031  | 74000000000 | &nbsp;&nbsp;&nbsp; 4528036 |
| Republic of Indonesia, 6.5%, 4/15/2036  | 57015000000 | &nbsp;&nbsp;&nbsp; 3490785 |
| Republic of Korea, 1.875%, 6/10/2029  | 13614110000 | &nbsp;&nbsp;&nbsp; 9558002 |
| Republic of Korea, 1.375%, 6/10/2030  | 9002080000 | &nbsp;&nbsp;&nbsp; 6112556 |
| Republic of Korea, 1.5%, 12/10/2030  | 16300000000 | &nbsp;&nbsp;&nbsp; 11056466 |
| Republic of Paraguay, 6%, 2/09/2036 (n) | $725000 | &nbsp;&nbsp;&nbsp; 752478 |
| Republic of Paraguay, 5.6%, 3/13/2048  | 2000000 | &nbsp;&nbsp;&nbsp; 1816540 |
| Republic of Peru, 5.375%, 2/08/2035  | 1561000 | &nbsp;&nbsp;&nbsp; 1578764 |
| Republic of Peru, 6.85%, 8/12/2035  | 25879000 | &nbsp;&nbsp;&nbsp; 7612107 |
| Republic of Romania, 6.375%, 1/30/2034  | $2014000 | &nbsp;&nbsp;&nbsp; 2020818 |
| Republic of Serbia, 1.65%, 3/03/2033  | 1077000 | &nbsp;&nbsp;&nbsp; 1040049 |
| Republic of Serbia, 6%, 6/12/2034 (n) | $665000 | &nbsp;&nbsp;&nbsp; 681472 |
| Republic of Serbia, 2.05%, 9/23/2036 (n) | 696000 | &nbsp;&nbsp;&nbsp; 628555 |
| Republic of Serbia, 2.05%, 9/23/2036  | 100000 | &nbsp;&nbsp;&nbsp; 90310 |
| Republic of South Africa, 7.1%, 11/19/2036 (n) | $1437000 | &nbsp;&nbsp;&nbsp; 1446496 |
| Sultanate of Oman, 7%, 1/25/2051  | 2550000 | &nbsp;&nbsp;&nbsp; 2806560 |
| United Mexican States, 7.5%, 5/26/2033  | 76600000 | &nbsp;&nbsp;&nbsp; 3820417 |
|  |  | &nbsp;&nbsp;&nbsp; $180366517 |
| Energy - Independent – 0.8% | Energy - Independent – 0.8% | Energy - Independent – 0.8% |
| CNX Resources Corp., 7.25%, 3/01/2032 (n) | $1654000 | &nbsp;&nbsp;&nbsp; $1716266 |
| Comstock Resources, Inc., 6.75%, 3/01/2029 (n) | 1894000 | &nbsp;&nbsp;&nbsp; 1867191 |
| Occidental Petroleum Corp., 6.45%, 9/15/2036  | 777000 | &nbsp;&nbsp;&nbsp; 803760 |
| Permian Resources Operating LLC, 7%, 1/15/2032 (n) | 2057000 | &nbsp;&nbsp;&nbsp; 2132718 |
| Pioneer Natural Resources Co., 2.15%, 1/15/2031  | 596000 | &nbsp;&nbsp;&nbsp; 534762 |
| Tengizchevroil Finance Co. International Ltd., 3.25%, 8/15/2030  | 1204000 | &nbsp;&nbsp;&nbsp; 1099108 |
|  |  | &nbsp;&nbsp;&nbsp; $8153805 |
| Energy - Integrated – 0.7% | Energy - Integrated – 0.7% | Energy - Integrated – 0.7% |
| BP Capital Markets B.V., 0.933%, 12/04/2040  | 760000 | &nbsp;&nbsp;&nbsp; $562683 |
| BP Capital Markets PLC, 6%, 2/19/2173  | 880000 | &nbsp;&nbsp;&nbsp; 1206070 |
| Eni S.p.A., 3.875%, 1/15/2034  | 1160000 | &nbsp;&nbsp;&nbsp; 1377445 |
| Exxon Mobil Corp., 1.408%, 6/26/2039  | 1010000 | &nbsp;&nbsp;&nbsp; 850590 |
| Orlen S.A., 6%, 1/30/2035  | $1790000 | &nbsp;&nbsp;&nbsp; 1852131 |
| TotalEnergies Capital International S.A., 3.647%, 7/01/2035  | 1400000 | &nbsp;&nbsp;&nbsp; 1630411 |
|  |  | &nbsp;&nbsp;&nbsp; $7479330 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Entertainment – 0.8% | Entertainment – 0.8% | Entertainment – 0.8% |
| Pinnacle Bidco PLC, 10%, 10/11/2028  | 1619000 | &nbsp;&nbsp;&nbsp; $2311177 |
| Royal Caribbean Cruises Ltd., 5.625%, 9/30/2031 (n) | $595000 | &nbsp;&nbsp;&nbsp; 604507 |
| Royal Caribbean Cruises Ltd., 6%, 2/01/2033 (n) | 494000 | &nbsp;&nbsp;&nbsp; 506829 |
| Six Flags Entertainment Corp., 6.625%, 5/01/2032 (n) | 2494000 | &nbsp;&nbsp;&nbsp; 2534530 |
| Viking Ocean Cruises Ship VII Ltd., 5.625%, 2/15/2029 (n) | 2236000 | &nbsp;&nbsp;&nbsp; 2234494 |
|  |  | &nbsp;&nbsp;&nbsp; $8191537 |
| Financial Institutions – 1.5% | Financial Institutions – 1.5% | Financial Institutions – 1.5% |
| Avolon Holdings Funding Ltd., 4.375%, 5/01/2026 (n) | $1002000 | &nbsp;&nbsp;&nbsp; $1000295 |
| Azorra Finance Ltd., 7.75%, 4/15/2030 (n) | 2123000 | &nbsp;&nbsp;&nbsp; 2228685 |
| Credit Acceptance Corp., 6.625%, 3/15/2030 (n) | 2104000 | &nbsp;&nbsp;&nbsp; 2131218 |
| Fastighets AB Balder, 4%, 2/19/2032  | 410000 | &nbsp;&nbsp;&nbsp; 481796 |
| Macquarie AirFinance Holdings Ltd., 5.15%, 3/17/2030 (n) | $366000 | &nbsp;&nbsp;&nbsp; 370116 |
| Macquarie AirFinance Holdings Ltd., 6.5%, 3/26/2031 (n) | 390000 | &nbsp;&nbsp;&nbsp; 417128 |
| Muthoot Finance Ltd., 7.125%, 2/14/2028 (n) | 546000 | &nbsp;&nbsp;&nbsp; 561154 |
| PennyMac Financial Services, Inc., 6.875%, 2/15/2033 (n) | 2201000 | &nbsp;&nbsp;&nbsp; 2248881 |
| Shriram Finance Ltd., 6.15%, 4/03/2028 (n) | 1323000 | &nbsp;&nbsp;&nbsp; 1339941 |
| Shurgard Luxembourg S.à r.l., 3.625%, 10/22/2034  | 1100000 | &nbsp;&nbsp;&nbsp; 1256446 |
| Shurgard Luxembourg S.à r.l., 4%, 5/27/2035  | 700000 | &nbsp;&nbsp;&nbsp; 818520 |
| Walker & Dunlop, Inc., 6.625%, 4/01/2033 (n) | $2147000 | &nbsp;&nbsp;&nbsp; 2233760 |
|  |  | &nbsp;&nbsp;&nbsp; $15087940 |
| Food & Beverages – 1.4% | Food & Beverages – 1.4% | Food & Beverages – 1.4% |
| Anheuser-Busch InBev Worldwide, Inc., 4.375%, 4/15/2038  | $1045000 | &nbsp;&nbsp;&nbsp; $982593 |
| Anheuser-Busch InBev Worldwide, Inc., 4.125%, 5/19/2045  | 230000 | &nbsp;&nbsp;&nbsp; 261445 |
| Anheuser-Busch InBev Worldwide, Inc., 5.55%, 1/23/2049  | $697000 | &nbsp;&nbsp;&nbsp; 684938 |
| Bacardi-Martini B.V., 5.4%, 6/15/2033 (n) | 1758000 | &nbsp;&nbsp;&nbsp; 1762321 |
| Central American Bottling Corp., 5.25%, 4/27/2029 (n) | 960000 | &nbsp;&nbsp;&nbsp; 938026 |
| Flowers Foods, Inc., 5.75%, 3/15/2035  | 745000 | &nbsp;&nbsp;&nbsp; 758805 |
| Flowers Foods, Inc., 6.2%, 3/15/2055  | 255000 | &nbsp;&nbsp;&nbsp; 246563 |
| Gruma S.A.B. de C.V., 5.39%, 12/09/2034 (n) | 426000 | &nbsp;&nbsp;&nbsp; 435209 |
| JBS USA Holding S.à r.l./JBS USA Food Co./JBS USA Foods Group Holdings, Inc., 5.5%, 1/15/2036 (n) | 1064000 | &nbsp;&nbsp;&nbsp; 1067510 |
| JBS USA Lux S.A./JBS USA Food Co./JBS USA Finance, Inc., 3.625%, 1/15/2032  | 542000 | &nbsp;&nbsp;&nbsp; 499544 |
| JBS USA Lux S.A./JBS USA Food Co./JBS USA Finance, Inc., 6.5%, 12/01/2052  | 766000 | &nbsp;&nbsp;&nbsp; 781695 |
| Kraft Heinz Foods Co., 4.375%, 6/01/2046  | 1184000 | &nbsp;&nbsp;&nbsp; 942842 |
| Mars, Inc., 4.8%, 3/01/2030 (n) | 380000 | &nbsp;&nbsp;&nbsp; 387261 |
| Mars, Inc., 5.2%, 3/01/2035 (n) | 998000 | &nbsp;&nbsp;&nbsp; 1007252 |
| Mars, Inc., 5.7%, 5/01/2055 (n) | 915000 | &nbsp;&nbsp;&nbsp; 892262 |
| Nestle Finance International Ltd., 3.5%, 1/14/2045  | 590000 | &nbsp;&nbsp;&nbsp; 656234 |
| Primo Water Holdings Inc./Triton Water Holdings, 4.375%, 4/30/2029 (n) | $2136000 | &nbsp;&nbsp;&nbsp; 2065089 |
|  |  | &nbsp;&nbsp;&nbsp; $14369589 |
| Forest & Paper Products – 0.3% | Forest & Paper Products – 0.3% | Forest & Paper Products – 0.3% |
| Graphic Packaging International LLC, 1.512%, 4/15/2026 (n) | $1097000 | &nbsp;&nbsp;&nbsp; $1073092 |
| Mondi Finance PLC, 3.75%, 5/18/2033  | 800000 | &nbsp;&nbsp;&nbsp; 939254 |
| Smurfit Kappa Treasury Co., 7.5%, 11/20/2025  | $740000 | &nbsp;&nbsp;&nbsp; 743329 |
|  |  | &nbsp;&nbsp;&nbsp; $2755675 |
| Gaming & Lodging – 0.6% | Gaming & Lodging – 0.6% | Gaming & Lodging – 0.6% |
| 888 Acquisitions Ltd., 10.75%, 5/15/2030  | 1325000 | &nbsp;&nbsp;&nbsp; $1852273 |
| Flutter Treasury DAC, 5.875%, 6/04/2031 (n) | $1677000 | &nbsp;&nbsp;&nbsp; 1707538 |
| Flutter Treasury DAC, 6.125%, 6/04/2031  | 660000 | &nbsp;&nbsp;&nbsp; 898035 |
| Las Vegas Sands Corp., 3.9%, 8/08/2029  | $1355000 | &nbsp;&nbsp;&nbsp; 1306910 |
| Marriott International, Inc., 2.85%, 4/15/2031  | 843000 | &nbsp;&nbsp;&nbsp; 773256 |
|  |  | &nbsp;&nbsp;&nbsp; $6538012 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Industrial – 0.4% | Industrial – 0.4% | Industrial – 0.4% |
| Booz Allen Hamilton, Inc., 5.95%, 4/15/2035  | $826000 | &nbsp;&nbsp;&nbsp; $850056 |
| Pachelbel Bidco S.p.A., 7.125%, 5/17/2031 (n) | 431000 | &nbsp;&nbsp;&nbsp; 544873 |
| Pachelbel Bidco S.p.A., 7.125%, 5/17/2031  | 870000 | &nbsp;&nbsp;&nbsp; 1099860 |
| Prysmian S.p.A., 3.625%, 11/28/2028  | 700000 | &nbsp;&nbsp;&nbsp; 835357 |
| Trustees of the University of Pennsylvania, 2.396%, 10/01/2050  | $1894000 | &nbsp;&nbsp;&nbsp; 1091182 |
|  |  | &nbsp;&nbsp;&nbsp; $4421328 |
| Insurance – 0.9% | Insurance – 0.9% | Insurance – 0.9% |
| Allianz SE, 3.2% to 4/30/2028, FLR (CMT - 5yr. + 2.165%) to 4/30/2171 (n) | $1200000 | &nbsp;&nbsp;&nbsp; $1119753 |
| Aviva PLC, 4.625% to 8/28/2036, FLR (EURIBOR - 3mo. + 3.05%) to 8/28/2056  | 1090000 | &nbsp;&nbsp;&nbsp; 1296856 |
| Corebridge Financial, Inc., 4.35%, 4/05/2042  | $978000 | &nbsp;&nbsp;&nbsp; 822889 |
| Corebridge Global Funding, 4.9%, 8/21/2032 (n) | 978000 | &nbsp;&nbsp;&nbsp; 980827 |
| Generali, 4.135%, 6/18/2036  | 710000 | &nbsp;&nbsp;&nbsp; 833420 |
| Legal & General Group PLC, 4.375% to 9/04/2035, FLR (EURIBOR - 3mo. + 2.8%) to 9/04/2055 (w) | 550000 | &nbsp;&nbsp;&nbsp; 639719 |
| MetLife, Inc., 5.3%, 12/15/2034  | $864000 | &nbsp;&nbsp;&nbsp; 889271 |
| Nippon Life Insurance Co., 4.114%, 1/23/2055  | 350000 | &nbsp;&nbsp;&nbsp; 410640 |
| Northwestern Mutual Life Insurance Co., 6.17%, 5/29/2055 (n) | $1320000 | &nbsp;&nbsp;&nbsp; 1376724 |
| Sammons Financial Group, Inc., 6.875%, 4/15/2034 (n) | 948000 | &nbsp;&nbsp;&nbsp; 1027617 |
|  |  | &nbsp;&nbsp;&nbsp; $9397716 |
| Insurance - Health – 0.3% | Insurance - Health – 0.3% | Insurance - Health – 0.3% |
| Elevance Health, Inc., 5.375%, 6/15/2034  | $495000 | &nbsp;&nbsp;&nbsp; $505998 |
| Humana, Inc., 5.375%, 4/15/2031  | 404000 | &nbsp;&nbsp;&nbsp; 416984 |
| Humana, Inc., 5.55%, 5/01/2035  | 1076000 | &nbsp;&nbsp;&nbsp; 1087976 |
| UnitedHealth Group, Inc., 5.15%, 7/15/2034  | 1018000 | &nbsp;&nbsp;&nbsp; 1034303 |
|  |  | &nbsp;&nbsp;&nbsp; $3045261 |
| Insurance - Property & Casualty – 1.3% | Insurance - Property & Casualty – 1.3% | Insurance - Property & Casualty – 1.3% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 6.5%, 10/01/2031 (n) | $2318000 | &nbsp;&nbsp;&nbsp; $2369520 |
| American International Group, Inc., 5.125%, 3/27/2033  | 752000 | &nbsp;&nbsp;&nbsp; 767547 |
| Arthur J. Gallagher & Co., 5%, 2/15/2032  | 166000 | &nbsp;&nbsp;&nbsp; 168979 |
| Arthur J. Gallagher & Co., 6.5%, 2/15/2034  | 347000 | &nbsp;&nbsp;&nbsp; 380709 |
| Arthur J. Gallagher & Co., 5.75%, 3/02/2053  | 616000 | &nbsp;&nbsp;&nbsp; 595245 |
| Baldwin Insurance Group Holdings LLC, 7.125%, 5/15/2031 (n) | 2326000 | &nbsp;&nbsp;&nbsp; 2414023 |
| Brown & Brown, Inc., 5.25%, 6/23/2032  | 164000 | &nbsp;&nbsp;&nbsp; 167636 |
| Brown & Brown, Inc., 6.25%, 6/23/2055  | 213000 | &nbsp;&nbsp;&nbsp; 217767 |
| Fairfax Financial Holdings Ltd., 4.25%, 12/06/2027  | 1434000 | &nbsp;&nbsp;&nbsp; 1063312 |
| Fairfax Financial Holdings Ltd., 5.75%, 5/20/2035 (n) | $904000 | &nbsp;&nbsp;&nbsp; 923242 |
| Fairfax Financial Holdings Ltd., 6.35%, 3/22/2054  | 872000 | &nbsp;&nbsp;&nbsp; 888352 |
| Hub International Ltd., 7.25%, 6/15/2030 (n) | 1933000 | &nbsp;&nbsp;&nbsp; 2021868 |
| Marsh & McLennan Cos., Inc., 4.85%, 11/15/2031  | 623000 | &nbsp;&nbsp;&nbsp; 637504 |
| Marsh & McLennan Cos., Inc., 5.4%, 3/15/2055  | 667000 | &nbsp;&nbsp;&nbsp; 633018 |
|  |  | &nbsp;&nbsp;&nbsp; $13248722 |
| International Market Quasi-Sovereign – 1.3% | International Market Quasi-Sovereign – 1.3% | International Market Quasi-Sovereign – 1.3% |
| Belfius Bank S.A., 3.375%, 5/28/2030  | 1300000 | &nbsp;&nbsp;&nbsp; $1530973 |
| Belfius Bank S.A. (Kingdom of Belgium), 3.375%, 2/20/2031  | 1200000 | &nbsp;&nbsp;&nbsp; 1409151 |
| EnBW International Finance B.V. (Federal Republic of Germany), 4.3%, 5/23/2034  | 650000 | &nbsp;&nbsp;&nbsp; 799492 |
| EnBW International Finance B.V. (Federal Republic of Germany), 3.75%, 11/20/2035  | 630000 | &nbsp;&nbsp;&nbsp; 737268 |
| ESB Finance DAC (Republic of Ireland), 1.875%, 6/14/2031  | 690000 | &nbsp;&nbsp;&nbsp; 756037 |
| Landsbankinn hf. (Republic of Iceland), 3.75%, 10/08/2029  | 885000 | &nbsp;&nbsp;&nbsp; 1054740 |
| Logicor Financing S.à r.l. (Grand Duchy of Luxembourg), 3.75%, 7/14/2032  | 950000 | &nbsp;&nbsp;&nbsp; 1100878 |
| NBN Co. Ltd. (Commonwealth of Australia), 5.75%, 10/06/2028 (n) | $724000 | &nbsp;&nbsp;&nbsp; 758621 |
| NBN Co. Ltd. (Commonwealth of Australia), 3.375%, 11/29/2032  | 640000 | &nbsp;&nbsp;&nbsp; 758314 |
| NBN Co. Ltd. (Commonwealth of Australia), 3.75%, 3/22/2034  | 1140000 | &nbsp;&nbsp;&nbsp; 1366887 |
| Ontario Teachers' Cadillac Fairview Properties, 2.5%, 10/15/2031 (n) | $878000 | &nbsp;&nbsp;&nbsp; 780428 |
| RTE Reseau de Transport d'Electricite (Republic France), 3.5%, 10/02/2036  | 900000 | &nbsp;&nbsp;&nbsp; 1030566 |
| SPP-Distribucia A.S. (Republic of Slovakia), 1%, 6/09/2031  | 1830000 | &nbsp;&nbsp;&nbsp; 1864266 |
|  |  | &nbsp;&nbsp;&nbsp; $13947621 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| International Market Sovereign – 18.8% | International Market Sovereign – 18.8% | International Market Sovereign – 18.8% |
| Commonwealth of Australia, 1%, 11/21/2031  | 36668000 | &nbsp;&nbsp;&nbsp; $20301057 |
| Commonwealth of Australia, 1.75%, 11/21/2032  | 22409000 | &nbsp;&nbsp;&nbsp; 12635268 |
| Commonwealth of Australia, 3.5%, 12/21/2034  | 16732000 | &nbsp;&nbsp;&nbsp; 10348212 |
| Commonwealth of Australia, 2.75%, 5/21/2041  | 8173000 | &nbsp;&nbsp;&nbsp; 4218347 |
| Federal Republic of Germany, 2.5%, 8/15/2054  | 1750000 | &nbsp;&nbsp;&nbsp; 1742718 |
| Government of Bermuda, 2.375%, 8/20/2030 (n) | $508000 | &nbsp;&nbsp;&nbsp; 458876 |
| Government of Bermuda, 5%, 7/15/2032 (n) | 1933000 | &nbsp;&nbsp;&nbsp; 1947285 |
| Government of Canada, 1.5%, 6/01/2031  | 8376000 | &nbsp;&nbsp;&nbsp; 5610490 |
| Government of Canada, 3.25%, 12/01/2034  | 3899000 | &nbsp;&nbsp;&nbsp; 2816388 |
| Government of Japan, 1%, 3/20/2030  | 1076000000 | &nbsp;&nbsp;&nbsp; 7280820 |
| Government of Japan, 1.4%, 3/20/2035  | 2359000000 | &nbsp;&nbsp;&nbsp; 15794087 |
| Government of Japan, 0.3%, 12/20/2039  | 2456300000 | &nbsp;&nbsp;&nbsp; 12968555 |
| Government of Japan, 0.4%, 3/20/2050  | 2150000000 | &nbsp;&nbsp;&nbsp; 8214052 |
| Government of Japan, 2.4%, 3/20/2055  | 609000000 | &nbsp;&nbsp;&nbsp; 3573397 |
| Kingdom of Spain, 3.15%, 4/30/2035 (n) | 4823000 | &nbsp;&nbsp;&nbsp; 5590963 |
| Kingdom of Spain, 3.9%, 7/30/2039 (n) | 10288000 | &nbsp;&nbsp;&nbsp; 12317091 |
| Kingdom of Norway, 3.75%, 6/12/2035 (n) | 80733000 | &nbsp;&nbsp;&nbsp; 7896751 |
| Republic of France, 2.7%, 2/25/2031 (n) | 8800000 | &nbsp;&nbsp;&nbsp; 10231743 |
| Republic of Iceland, 5%, 11/15/2028  | 460500000 | &nbsp;&nbsp;&nbsp; 3501102 |
| Republic of Italy, 3.85%, 2/01/2035  | 4742000 | &nbsp;&nbsp;&nbsp; 5711932 |
| Republic of Italy, 1.45%, 3/01/2036  | 11117000 | &nbsp;&nbsp;&nbsp; 10574855 |
| Republic of Italy, 4.15%, 10/01/2039 (n) | 3041000 | &nbsp;&nbsp;&nbsp; 3637813 |
| Republic of Italy, 4.3%, 10/01/2054 (n) | 4289000 | &nbsp;&nbsp;&nbsp; 4830250 |
| United Kingdom Treasury, 4%, 10/22/2031  | 5868881 | &nbsp;&nbsp;&nbsp; 7815891 |
| United Kingdom Treasury, 1.25%, 10/22/2041  | 1346000 | &nbsp;&nbsp;&nbsp; 1037412 |
| United Kingdom Treasury, 1.5%, 7/22/2047  | 7255000 | &nbsp;&nbsp;&nbsp; 4851138 |
| United Kingdom Treasury, 3.75%, 7/22/2052  | 8112000 | &nbsp;&nbsp;&nbsp; 8198363 |
|  |  | &nbsp;&nbsp;&nbsp; $194104856 |
| Internet – 0.0% | Internet – 0.0% | Internet – 0.0% |
| Alphabet, Inc., 4%, 5/06/2054  | 324000 | &nbsp;&nbsp;&nbsp; $362302 |
| Local Authorities – 0.1% | Local Authorities – 0.1% | Local Authorities – 0.1% |
| Alliander N.V., 3.5%, 5/06/2037  | 620000 | &nbsp;&nbsp;&nbsp; $718532 |
| Province of British Columbia, 2.95%, 6/18/2050  | 1117000 | &nbsp;&nbsp;&nbsp; 605051 |
|  |  | &nbsp;&nbsp;&nbsp; $1323583 |
| Machinery & Tools – 0.4% | Machinery & Tools – 0.4% | Machinery & Tools – 0.4% |
| CNH Industrial Capital LLC, 5.5%, 1/12/2029  | $843000 | &nbsp;&nbsp;&nbsp; $873965 |
| CNH Industrial N.V., 3.875%, 9/03/2035 (w) | 1330000 | &nbsp;&nbsp;&nbsp; 1537121 |
| Ritchie Bros Holdings, Inc., 7.75%, 3/15/2031 (n) | $2117000 | &nbsp;&nbsp;&nbsp; 2221567 |
|  |  | &nbsp;&nbsp;&nbsp; $4632653 |
| Major Banks – 4.3% | Major Banks – 4.3% | Major Banks – 4.3% |
| Bank of America Corp., 5.202% to 4/25/2028, FLR (SOFR - 1 day + 1.63%) to 4/25/2029  | $268000 | &nbsp;&nbsp;&nbsp; $274798 |
| Bank of America Corp., 2.687% to 4/22/2031, FLR (SOFR - 1 day + 1.32%) to 4/22/2032  | 874000 | &nbsp;&nbsp;&nbsp; 792881 |
| Bank of America Corp., 5.425% to 8/15/2034, FLR (SOFR - 1 day + 1.913%) to 8/15/2035  | 896000 | &nbsp;&nbsp;&nbsp; 901871 |
| Bank of America Corp., 5.464% to 5/09/2035, FLR (SOFR - 1 day + 1.64%) to 5/09/2036  | 1347000 | &nbsp;&nbsp;&nbsp; 1383620 |
| BNP Paribas S.A., 5.283% to 11/19/2029, FLR (SOFR - 1 day + 1.28%) to 11/19/2030 (n) | 994000 | &nbsp;&nbsp;&nbsp; 1018183 |
| Citigroup, Inc., 4.296%, 7/23/2036  | 950000 | &nbsp;&nbsp;&nbsp; 1116743 |
| Citigroup, Inc., 6.875% to 8/15/2030, FLR (CMT - 5yr. + 2.89%) to 11/15/2173  | $2236000 | &nbsp;&nbsp;&nbsp; 2275150 |
| Commonwealth Bank of Australia, 2.688%, 3/11/2031 (n) | 1696000 | &nbsp;&nbsp;&nbsp; 1534445 |
| Credit Agricole S.A., 3.75%, 5/27/2035  | 1000000 | &nbsp;&nbsp;&nbsp; 1157810 |
| Danske Bank A.S., 1.549%, 9/10/2027 (n) | $771000 | &nbsp;&nbsp;&nbsp; 748918 |
| Danske Bank A.S., 3.5%, 5/26/2033  | 1510000 | &nbsp;&nbsp;&nbsp; 1773685 |
| Danske Bank A.S., 3.5% to 11/19/2030, FLR (EUR ICE Swap Rate - 5yr. + 1.18%) to 11/19/2035  | 930000 | &nbsp;&nbsp;&nbsp; 1083271 |
| Danske Bank A.S., 3.75% to 11/19/2031, FLR (EUR Swap Rate - 5yr. + 1.55%) to 11/19/2036  | 180000 | &nbsp;&nbsp;&nbsp; 210812 |
| Deutsche Bank AG, 5.373% to 1/10/2028, FLR (SOFR - 1 day + 1.21%) to 1/10/2029  | $926000 | &nbsp;&nbsp;&nbsp; 946920 |
| Deutsche Bank AG, 4.95% to 8/04/2030, FLR (SOFR - 1 day + 1.3%) to 8/04/2031  | 545000 | &nbsp;&nbsp;&nbsp; 549481 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Major Banks – continued | Major Banks – continued | Major Banks – continued |
| Erste Group Bank AG, 6.375% to 10/15/2032, FLR (EUR ICE Swap Rate - 5yr. + 4.008%) to 11/20/2173  | 600000 | &nbsp;&nbsp;&nbsp; $721647 |
| Goldman Sachs Group, Inc., 4.692% to 10/23/2029, FLR (SOFR - 1 day + 1.135%) to 10/23/2030  | $769000 | &nbsp;&nbsp;&nbsp; 777452 |
| Goldman Sachs Group, Inc., 5.016% to 10/23/2034, FLR (SOFR - 1 day + 1.42%) to 10/23/2035  | 1121000 | &nbsp;&nbsp;&nbsp; 1113961 |
| HSBC Holdings PLC, 5.13% to 3/03/2030, FLR (SOFR - 1 day + 1.29%) to 3/03/2031  | 718000 | &nbsp;&nbsp;&nbsp; 735511 |
| JPMorgan Chase & Co., 5.581% to 4/22/2029, FLR (SOFR - 1 day + 1.16%) to 4/22/2030  | 739000 | &nbsp;&nbsp;&nbsp; 771516 |
| JPMorgan Chase & Co., 1.953% to 2/04/2031, FLR (SOFR - 1 day + 1.065%) to 2/04/2032  | 1254000 | &nbsp;&nbsp;&nbsp; 1102479 |
| JPMorgan Chase & Co., 3.588%, 1/23/2036  | 810000 | &nbsp;&nbsp;&nbsp; 941177 |
| JPMorgan Chase & Co., 5.502% to 1/24/2035, FLR (SOFR - 1 day + 1.315%) to 1/24/2036  | $1319000 | &nbsp;&nbsp;&nbsp; 1361947 |
| JPMorgan Chase & Co., 3.328% to 4/22/2051, FLR (SOFR - 1 day + 1.58%) to 4/22/2052  | 352000 | &nbsp;&nbsp;&nbsp; 243537 |
| mBank S.A., 4.034%, 9/27/2030  | 700000 | &nbsp;&nbsp;&nbsp; 830517 |
| Morgan Stanley, 3.622% to 4/01/2030, FLR (SOFR - 1 day + 3.12%) to 4/01/2031  | $1682000 | &nbsp;&nbsp;&nbsp; 1627442 |
| Morgan Stanley, 5.424% to 7/21/2033, FLR (SOFR - 1 day + 1.88%) to 7/21/2034  | 1324000 | &nbsp;&nbsp;&nbsp; 1366942 |
| Nationwide Building Society, 4%, 7/30/2035  | 670000 | &nbsp;&nbsp;&nbsp; 795171 |
| Nationwide Building Society, 7.875%, 12/10/2173  | 660000 | &nbsp;&nbsp;&nbsp; 915660 |
| NatWest Group PLC, 3.632% to 9/03/2033, FLR (EURIBOR - 3mo. + 1.161%) to 9/03/2034 (w) | 1680000 | &nbsp;&nbsp;&nbsp; 1959886 |
| NatWest Group PLC, 8.125% to 5/10/2034, FLR (CMT - 5yr. + 3.752%) to 6/30/2172  | $718000 | &nbsp;&nbsp;&nbsp; 794995 |
| PNC Financial Services Group, Inc., 5.676% to 1/22/2034, FLR (SOFR - 1 day + 1.902%) to 1/22/2035  | 774000 | &nbsp;&nbsp;&nbsp; 806934 |
| PNC Financial Services Group, Inc., 5.575% to 1/29/2035, FLR (SOFR - 1 day + 1.394%) to 1/29/2036  | 791000 | &nbsp;&nbsp;&nbsp; 816541 |
| UBS Group AG, 2.746% to 2/11/2032, FLR (CMT - 1yr. + 1.1%) to 2/11/2033 (n) | 1447000 | &nbsp;&nbsp;&nbsp; 1275339 |
| UBS Group AG, 5.58%, 5/09/2036 (n) | 270000 | &nbsp;&nbsp;&nbsp; 277655 |
| UBS Group AG, 4.375% to 2/10/2031, FLR (CMT - 1yr. + 3.313%) to 8/10/2171 (n) | 1182000 | &nbsp;&nbsp;&nbsp; 1059776 |
| UBS Group AG, 7% to 8/05/2035, FLR (USD SOFR ICE Swap Rate - 5yr. + 3.296%) to 8/05/2172 (n) | 537000 | &nbsp;&nbsp;&nbsp; 541309 |
| Unicaja Banco S.A., 3.5%, 6/30/2031  | 1100000 | &nbsp;&nbsp;&nbsp; 1295808 |
| UniCredit S.p.A., 2.569% to 9/22/2025, FLR (CMT - 1yr. + 2.3%) to 9/22/2026 (n) | $1000000 | &nbsp;&nbsp;&nbsp; 998775 |
| UniCredit S.p.A., 3.725%, 6/10/2035  | 1300000 | &nbsp;&nbsp;&nbsp; 1522969 |
| UniCredit S.p.A., 4.175%, 6/24/2037  | 1270000 | &nbsp;&nbsp;&nbsp; 1491579 |
| Wells Fargo & Co., 3.526% to 3/24/2027, FLR (SOFR - 1 day + 1.51%) to 3/24/2028  | $657000 | &nbsp;&nbsp;&nbsp; 649995 |
| Wells Fargo & Co., 5.244% to 1/24/2030, FLR (SOFR - 1 day + 1.11%) to 1/24/2031  | 365000 | &nbsp;&nbsp;&nbsp; 377043 |
| Wells Fargo & Co., 3.35% to 3/02/2032, FLR (SOFR - 1 day + 1.5%) to 3/02/2033  | 1161000 | &nbsp;&nbsp;&nbsp; 1070520 |
|  |  | &nbsp;&nbsp;&nbsp; $44012671 |
| Medical & Health Technology & Services – 1.2% | Medical & Health Technology & Services – 1.2% | Medical & Health Technology & Services – 1.2% |
| CHS/Community Health Systems, Inc., 5.25%, 5/15/2030 (n) | $1991000 | &nbsp;&nbsp;&nbsp; $1784583 |
| Concentra, Inc., 6.875%, 7/15/2032 (n) | 2123000 | &nbsp;&nbsp;&nbsp; 2200816 |
| Encompass Health Corp., 4.75%, 2/01/2030  | 2026000 | &nbsp;&nbsp;&nbsp; 1997313 |
| HCA, Inc., 5.45%, 9/15/2034  | 125000 | &nbsp;&nbsp;&nbsp; 126602 |
| HCA, Inc., 5.125%, 6/15/2039  | 673000 | &nbsp;&nbsp;&nbsp; 634853 |
| ICON Investments Six DAC, 5.809%, 5/08/2027  | 1013000 | &nbsp;&nbsp;&nbsp; 1034042 |
| ICON Investments Six DAC, 5.849%, 5/08/2029  | 323000 | &nbsp;&nbsp;&nbsp; 337794 |
| Lifepoint Health, Inc., 9.875%, 8/15/2030 (n) | 2142000 | &nbsp;&nbsp;&nbsp; 2319296 |
| New York Society for the Relief of the Ruptured & Crippled, 2.667%, 10/01/2050  | 1172000 | &nbsp;&nbsp;&nbsp; 698527 |
| ProMedica Toledo Hospital, "B", AGM, 6.015%, 11/15/2048  | 675000 | &nbsp;&nbsp;&nbsp; 657398 |
| Thermo Fisher Scientific Finance I B.V., 2%, 10/18/2051  | 920000 | &nbsp;&nbsp;&nbsp; 674654 |
|  |  | &nbsp;&nbsp;&nbsp; $12465878 |
| Metals & Mining – 1.1% | Metals & Mining – 1.1% | Metals & Mining – 1.1% |
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP, 8.75%, 7/15/2026 (n) | $1284000 | &nbsp;&nbsp;&nbsp; $1202446 |
| BHP Billiton Finance Ltd., 3.643%, 9/04/2035 (w) | 1360000 | &nbsp;&nbsp;&nbsp; 1587667 |
| FMG Resources Ltd., 5.875%, 4/15/2030 (n) | $2532000 | &nbsp;&nbsp;&nbsp; 2585833 |
| Glencore Capital Finance DAC, 3.75%, 2/04/2032  | 960000 | &nbsp;&nbsp;&nbsp; 1133956 |
| Novelis, Inc., 6.875%, 1/30/2030 (n) | $2193000 | &nbsp;&nbsp;&nbsp; 2275485 |
| Rio Tinto Finance (USA) PLC, 5%, 3/14/2032  | 1236000 | &nbsp;&nbsp;&nbsp; 1266986 |
| Samarco Mineracao S.A., 9% PIK to 12/30/2025, (4% Cash + 5% PIK) to 12/30/2026, (5.5% Cash + 3.5% PIK) to <br> 12/30/2027, 9.25% Cash to 12/30/2029, 9.5% Cash to 6/30/2031 (p)<br>| 1616591 | &nbsp;&nbsp;&nbsp; 1608843 |
|  |  | &nbsp;&nbsp;&nbsp; $11661216 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Midstream – 1.4% | Midstream – 1.4% | Midstream – 1.4% |
| Cheniere Energy Partners LP, 5.55%, 10/30/2035 (n) | $968000 | &nbsp;&nbsp;&nbsp; $976896 |
| Columbia Pipelines Operating Co. LLC, 6.544%, 11/15/2053 (n) | 785000 | &nbsp;&nbsp;&nbsp; 812095 |
| Eastern Energy Gas Holdings LLC, 5.65%, 10/15/2054  | 1026000 | &nbsp;&nbsp;&nbsp; 979585 |
| Energy Transfer LP, 5.95%, 5/15/2054  | 738000 | &nbsp;&nbsp;&nbsp; 690998 |
| Pembina Pipeline Corp., 5.22%, 6/28/2033  | 706000 | &nbsp;&nbsp;&nbsp; 539785 |
| Pembina Pipeline Corp., 4.81%, 3/25/2044  | 1307000 | &nbsp;&nbsp;&nbsp; 878198 |
| Plains All American Pipeline LP, 5.7%, 9/15/2034  | $734000 | &nbsp;&nbsp;&nbsp; 748743 |
| Sunoco LP, 7.25%, 5/01/2032 (n) | 2323000 | &nbsp;&nbsp;&nbsp; 2457453 |
| Tallgrass Energy Partners LP, 7.375%, 2/15/2029 (n) | 2472000 | &nbsp;&nbsp;&nbsp; 2547010 |
| Targa Resources Corp., 4.2%, 2/01/2033  | 241000 | &nbsp;&nbsp;&nbsp; 227156 |
| Targa Resources Corp., 4.95%, 4/15/2052  | 695000 | &nbsp;&nbsp;&nbsp; 574924 |
| Venture Global LNG, Inc., 8.125%, 6/01/2028 (n) | 1338000 | &nbsp;&nbsp;&nbsp; 1386440 |
| Venture Global LNG, Inc., 8.375%, 6/01/2031 (n) | 1636000 | &nbsp;&nbsp;&nbsp; 1716455 |
|  |  | &nbsp;&nbsp;&nbsp; $14535738 |
| Mortgage-Backed – 7.7% | Mortgage-Backed – 7.7% |  |
| Fannie Mae, 5%, 8/01/2040  | $239321 | &nbsp;&nbsp;&nbsp; $242226 |
| Fannie Mae, 4%, 9/01/2040 - 11/01/2044  | 149220 | &nbsp;&nbsp;&nbsp; 144706 |
| Fannie Mae, 4.5%, 2/01/2041 - 4/01/2044  | 1050932 | &nbsp;&nbsp;&nbsp; 1048740 |
| Fannie Mae, 3.5%, 9/01/2045 - 12/01/2047  | 529431 | &nbsp;&nbsp;&nbsp; 492491 |
| Fannie Mae, 4%, 9/25/2050 (i) | 1443151 | &nbsp;&nbsp;&nbsp; 282242 |
| Fannie Mae, 5.148%, 10/25/2052  | 2374808 | &nbsp;&nbsp;&nbsp; 2338263 |
| Fannie Mae, 5.748%, 12/25/2054  | 1367799 | &nbsp;&nbsp;&nbsp; 1378319 |
| Fannie Mae, 5.798%, 1/25/2055  | 2095745 | &nbsp;&nbsp;&nbsp; 2117764 |
| Fannie Mae, 5.698%, 7/25/2055  | 1651388 | &nbsp;&nbsp;&nbsp; 1662001 |
| Fannie Mae, UMBS, 5.5%, 4/01/2031 - 2/01/2054  | 2849969 | &nbsp;&nbsp;&nbsp; 2877173 |
| Fannie Mae, UMBS, 2%, 4/01/2042 - 3/01/2052  | 4176561 | &nbsp;&nbsp;&nbsp; 3418374 |
| Fannie Mae, UMBS, 3.5%, 5/01/2049 - 5/01/2052  | 155863 | &nbsp;&nbsp;&nbsp; 144030 |
| Fannie Mae, UMBS, 2.5%, 1/01/2050 - 6/01/2052  | 5438899 | &nbsp;&nbsp;&nbsp; 4539105 |
| Fannie Mae, UMBS, 3%, 10/01/2051 - 7/01/2052  | 3191537 | &nbsp;&nbsp;&nbsp; 2775311 |
| Fannie Mae, UMBS, 4%, 6/01/2052 - 4/01/2053  | 3868334 | &nbsp;&nbsp;&nbsp; 3616378 |
| Fannie Mae, UMBS, 6%, 8/01/2053  | 347518 | &nbsp;&nbsp;&nbsp; 355631 |
| Fannie Mae, UMBS, 4.5%, 2/01/2055  | 783723 | &nbsp;&nbsp;&nbsp; 754184 |
| Freddie Mac, 0.317%, 9/25/2026 (i) | 62189000 | &nbsp;&nbsp;&nbsp; 143022 |
| Freddie Mac, 1.486%, 3/25/2027 (i) | 1517000 | &nbsp;&nbsp;&nbsp; 28674 |
| Freddie Mac, 0.429%, 2/25/2028 (i) | 46151000 | &nbsp;&nbsp;&nbsp; 337064 |
| Freddie Mac, 0.25%, 4/25/2028 (i) | 46683000 | &nbsp;&nbsp;&nbsp; 173325 |
| Freddie Mac, 0.252%, 5/25/2028 (i) | 47225000 | &nbsp;&nbsp;&nbsp; 188508 |
| Freddie Mac, 0.734%, 1/25/2030 (i) | 4842258 | &nbsp;&nbsp;&nbsp; 111592 |
| Freddie Mac, 1.913%, 4/25/2030 (i) | 2395024 | &nbsp;&nbsp;&nbsp; 173786 |
| Freddie Mac, 1.954%, 4/25/2030 (i) | 2589254 | &nbsp;&nbsp;&nbsp; 193498 |
| Freddie Mac, 1.769%, 5/25/2030 (i) | 3408930 | &nbsp;&nbsp;&nbsp; 237894 |
| Freddie Mac, 1.906%, 5/25/2030 (i) | 7523890 | &nbsp;&nbsp;&nbsp; 559798 |
| Freddie Mac, 1.435%, 6/25/2030 (i) | 3170959 | &nbsp;&nbsp;&nbsp; 179431 |
| Freddie Mac, 1.701%, 8/25/2030 (i) | 2931170 | &nbsp;&nbsp;&nbsp; 203276 |
| Freddie Mac, 1.262%, 9/25/2030 (i) | 1901519 | &nbsp;&nbsp;&nbsp; 98449 |
| Freddie Mac, 1.17%, 11/25/2030 (i) | 3948102 | &nbsp;&nbsp;&nbsp; 195833 |
| Freddie Mac, 0.413%, 1/25/2031 (i) | 15609740 | &nbsp;&nbsp;&nbsp; 210966 |
| Freddie Mac, 0.606%, 3/25/2031 (i) | 20306145 | &nbsp;&nbsp;&nbsp; 464515 |
| Freddie Mac, 1.039%, 7/25/2031 (i) | 5068698 | &nbsp;&nbsp;&nbsp; 248983 |
| Freddie Mac, 0.632%, 9/25/2031 (i) | 21590988 | &nbsp;&nbsp;&nbsp; 617567 |
| Freddie Mac, 0.664%, 12/25/2031 (i) | 5486706 | &nbsp;&nbsp;&nbsp; 162835 |
| Freddie Mac, 0.301%, 11/25/2032 (i) | 33028344 | &nbsp;&nbsp;&nbsp; 425141 |
| Freddie Mac, 1.092%, 9/25/2034 (i) | 5029953 | &nbsp;&nbsp;&nbsp; 349004 |
| Freddie Mac, 4.5%, 12/01/2039 - 5/01/2042  | 470398 | &nbsp;&nbsp;&nbsp; 470551 |
| Freddie Mac, 5%, 7/01/2041  | 223779 | &nbsp;&nbsp;&nbsp; 228358 |
| Freddie Mac, 4%, 4/01/2044  | 23948 | &nbsp;&nbsp;&nbsp; 22885 |
| Freddie Mac, 5.648%, 8/25/2054  | 2793817 | &nbsp;&nbsp;&nbsp; 2803302 |
| Freddie Mac, 5.748%, 2/25/2055 - 6/25/2055  | 2966867 | &nbsp;&nbsp;&nbsp; 2991089 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Mortgage-Backed – continued | Mortgage-Backed – continued |  |
| Freddie Mac, 7.898%, 8/25/2055  | $692424 | &nbsp;&nbsp;&nbsp; $694702 |
| Freddie Mac, UMBS, 6.5%, 11/01/2028 - 11/01/2054  | 1140376 | &nbsp;&nbsp;&nbsp; 1186170 |
| Freddie Mac, UMBS, 4.5%, 7/01/2038 - 12/01/2054  | 1045878 | &nbsp;&nbsp;&nbsp; 1026124 |
| Freddie Mac, UMBS, 3%, 6/01/2050 - 2/01/2053  | 5848100 | &nbsp;&nbsp;&nbsp; 5078974 |
| Freddie Mac, UMBS, 2%, 9/01/2051 - 3/01/2052  | 6068756 | &nbsp;&nbsp;&nbsp; 4836820 |
| Freddie Mac, UMBS, 2.5%, 10/01/2051 - 7/01/2053  | 3124704 | &nbsp;&nbsp;&nbsp; 2602505 |
| Freddie Mac, UMBS, 5%, 8/01/2052 - 10/01/2054  | 2845669 | &nbsp;&nbsp;&nbsp; 2815187 |
| Freddie Mac, UMBS, 4%, 10/01/2052 - 3/01/2053  | 551803 | &nbsp;&nbsp;&nbsp; 515195 |
| Freddie Mac, UMBS, 5.5%, 12/01/2052 - 8/01/2053  | 1349682 | &nbsp;&nbsp;&nbsp; 1365078 |
| Freddie Mac, UMBS, 6%, 12/01/2052 - 8/01/2054  | 1356894 | &nbsp;&nbsp;&nbsp; 1391540 |
| Ginnie Mae, 4.754%, 10/20/2045  | 901390 | &nbsp;&nbsp;&nbsp; 875953 |
| Ginnie Mae, 2.5%, 8/20/2051 - 10/20/2052  | 4468774 | &nbsp;&nbsp;&nbsp; 3811975 |
| Ginnie Mae, 2%, 1/20/2052 - 2/20/2052  | 2043971 | &nbsp;&nbsp;&nbsp; 1674992 |
| Ginnie Mae, 3%, 2/20/2052 - 10/20/2052  | 2336894 | &nbsp;&nbsp;&nbsp; 2070814 |
| Ginnie Mae, 4%, 7/20/2052 - 11/20/2052  | 896846 | &nbsp;&nbsp;&nbsp; 843286 |
| Ginnie Mae, 5%, 1/20/2053 - 5/20/2053  | 1512479 | &nbsp;&nbsp;&nbsp; 1502720 |
| Ginnie Mae, 5.5%, 2/20/2053 - 12/20/2054  | 1266096 | &nbsp;&nbsp;&nbsp; 1281440 |
| Ginnie Mae, 5.395%, 10/20/2054  | 1062882 | &nbsp;&nbsp;&nbsp; 1062491 |
| Ginnie Mae, 5.057%, 6/20/2055  | 1435172 | &nbsp;&nbsp;&nbsp; 1455799 |
| Ginnie Mae, 5.132%, 6/20/2055  | 1396808 | &nbsp;&nbsp;&nbsp; 1381610 |
| Ginnie Mae, TBA, 3.5%, 9/22/2055 - 10/15/2055  | 2000000 | &nbsp;&nbsp;&nbsp; 1818585 |
|  |  | &nbsp;&nbsp;&nbsp; $79298244 |
| Municipals – 0.7% | Municipals – 0.7% | Municipals – 0.7% |
| Iowa Student Loan Liquidity Corp. Rev., Taxable, "A", 5.08%, 12/01/2039  | $525000 | &nbsp;&nbsp;&nbsp; $502615 |
| Massachusetts Educational Financing Authority, Education Loan Rev., Taxable, "A", 2.641%, 7/01/2037  | 825000 | &nbsp;&nbsp;&nbsp; 770432 |
| Massachusetts Educational Financing Authority, Education Loan Rev., Taxable, "A", 4.949%, 7/01/2038  | 2075000 | &nbsp;&nbsp;&nbsp; 2020407 |
| Massachusetts Housing Finance Agency, Single Family Housing Rev., Taxable, "226", 5.562%, 12/01/2052  | 1690000 | &nbsp;&nbsp;&nbsp; 1728197 |
| Michigan Finance Authority, Hospital Rev., Taxable (Trinity Health Credit Group), 3.384%, 12/01/2040  | 1040000 | &nbsp;&nbsp;&nbsp; 868702 |
| National Finance Authority, NH, Utility Refunding Rev., Taxable (Wheeling Power Co. Project), "A", <br> 6.89%, 4/01/2034 <br>| 780000 | &nbsp;&nbsp;&nbsp; 812258 |
| Oklahoma Development Finance Authority, Health System Rev., Taxable (OU Medicine Project), "C", <br> 5.45%, 8/15/2028 <br>| 742000 | &nbsp;&nbsp;&nbsp; 727405 |
|  |  | &nbsp;&nbsp;&nbsp; $7430016 |
| Natural Gas - Distribution – 0.2% | Natural Gas - Distribution – 0.2% | Natural Gas - Distribution – 0.2% |
| Boston Gas Co., 5.843%, 1/10/2035 (n) | $1162000 | &nbsp;&nbsp;&nbsp; $1218331 |
| Vier Gas Transport GmbH, 3.375%, 11/11/2031  | 1000000 | &nbsp;&nbsp;&nbsp; 1170456 |
|  |  | &nbsp;&nbsp;&nbsp; $2388787 |
| Natural Gas - Pipeline – 0.2% | Natural Gas - Pipeline – 0.2% | Natural Gas - Pipeline – 0.2% |
| APA Infrastructure Ltd., 5.125%, 9/16/2034 (n) | $768000 | &nbsp;&nbsp;&nbsp; $769687 |
| APA Infrastructure Ltd., 2.5%, 3/15/2036  | 1050000 | &nbsp;&nbsp;&nbsp; 1041808 |
| APA Infrastructure Ltd., 5.75%, 9/16/2044 (n) | $290000 | &nbsp;&nbsp;&nbsp; 282308 |
|  |  | &nbsp;&nbsp;&nbsp; $2093803 |
| Network & Telecom – 0.4% | Network & Telecom – 0.4% | Network & Telecom – 0.4% |
| Iliad Holding S.A.S., 6.875%, 4/15/2031 (n) | 1293000 | &nbsp;&nbsp;&nbsp; $1599330 |
| Iliad Holding S.A.S., 6.875%, 4/15/2031  | 300000 | &nbsp;&nbsp;&nbsp; 371074 |
| NTT Finance Corp., 5.171%, 7/16/2032 (n) | $1128000 | &nbsp;&nbsp;&nbsp; 1149276 |
| NTT Finance Corp., 3.678%, 7/16/2033  | 350000 | &nbsp;&nbsp;&nbsp; 414532 |
| NTT Finance Corp., 4.091%, 7/16/2037  | 262000 | &nbsp;&nbsp;&nbsp; 312307 |
|  |  | &nbsp;&nbsp;&nbsp; $3846519 |
| Oils – 0.1% | Oils – 0.1% | Oils – 0.1% |
| Marathon Petroleum Corp., 5.7%, 3/01/2035  | $637000 | &nbsp;&nbsp;&nbsp; $650522 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Other Banks & Diversified Financials – 1.9% | Other Banks & Diversified Financials – 1.9% | Other Banks & Diversified Financials – 1.9% |
| AIB Group PLC, 6.608% to 9/13/2028, FLR (SOFR - 1 day + 2.33%) to 9/13/2029 (n) | $1891000 | &nbsp;&nbsp;&nbsp; $2011369 |
| AIB Group PLC, 3.75%, 3/20/2033  | 1570000 | &nbsp;&nbsp;&nbsp; 1862405 |
| AIB Group PLC, 5.871% to 3/28/2034, FLR (SOFR - 1 day + 1.91%) to 3/28/2035 (n) | $700000 | &nbsp;&nbsp;&nbsp; 727719 |
| BBVA Bancomer S.A. (Texas), 8.125%, 1/08/2039 (n) | 597000 | &nbsp;&nbsp;&nbsp; 633843 |
| BPCE S.A., 2.277% to 1/20/2031, FLR (SOFR - 1 day + 1.312%) to 1/20/2032 (n) | 1490000 | &nbsp;&nbsp;&nbsp; 1308620 |
| BPCE S.A., 3.875%, 2/26/2036  | 900000 | &nbsp;&nbsp;&nbsp; 1038075 |
| CaixaBank S.A., 3.75%, 1/27/2036  | 600000 | &nbsp;&nbsp;&nbsp; 697973 |
| CaixaBank S.A. , 3.375%, 6/26/2035  | 1300000 | &nbsp;&nbsp;&nbsp; 1503863 |
| Commerzbank AG, 3.625%, 1/14/2032  | 300000 | &nbsp;&nbsp;&nbsp; 355163 |
| Commerzbank AG, 3.75%, 6/06/2034  | 600000 | &nbsp;&nbsp;&nbsp; 701776 |
| Commerzbank AG, 3.875%, 10/15/2035  | 400000 | &nbsp;&nbsp;&nbsp; 468162 |
| Commerzbank AG, 4.125%, 6/30/2037  | 1000000 | &nbsp;&nbsp;&nbsp; 1169368 |
| Deutsche Bank AG, 3%, 6/16/2029  | 400000 | &nbsp;&nbsp;&nbsp; 468841 |
| Deutsche Bank AG, 3.375%, 2/13/2031  | 600000 | &nbsp;&nbsp;&nbsp; 704678 |
| Islandsbanki hf. (Republic of Iceland), 3.875%, 9/20/2030  | 410000 | &nbsp;&nbsp;&nbsp; 491428 |
| M&T Bank Corp., 4.553% to 8/16/2027, FLR (SOFR - 1 day + 1.78%) to 8/16/2028  | $369000 | &nbsp;&nbsp;&nbsp; 370503 |
| M&T Bank Corp., 6.082% to 3/13/2031, FLR (SOFR - 1 day + 2.26%) to 3/13/2032  | 1189000 | &nbsp;&nbsp;&nbsp; 1262332 |
| Macquarie Bank Ltd., 5.642% to 8/13/2035, FLR (CMT - 1yr. + 1.45%) to 8/13/2036 (n) | 855000 | &nbsp;&nbsp;&nbsp; 860810 |
| Powszechna Kasa Oszczednosci Bank Polski S.A., 3.875%, 9/12/2027  | 750000 | &nbsp;&nbsp;&nbsp; 887306 |
| Powszechna Kasa Oszczednosci Bank Polski S.A., 3.625%, 6/30/2031  | 710000 | &nbsp;&nbsp;&nbsp; 834287 |
| Truist Financial Corp., 5.711% to 1/24/2034, FLR (SOFR - 1 day + 1.922%) to 1/24/2035  | $801000 | &nbsp;&nbsp;&nbsp; 834390 |
|  |  | &nbsp;&nbsp;&nbsp; $19192911 |
| Pharmaceuticals – 0.7% | Pharmaceuticals – 0.7% | Pharmaceuticals – 0.7% |
| AbbVie, Inc., 5.35%, 3/15/2044  | $488000 | &nbsp;&nbsp;&nbsp; $477254 |
| AbbVie, Inc., 5.4%, 3/15/2054  | 611000 | &nbsp;&nbsp;&nbsp; 586369 |
| Biogen, Inc., 5.05%, 1/15/2031  | 690000 | &nbsp;&nbsp;&nbsp; 708126 |
| Eli Lilly & Co., 5.5%, 2/12/2055  | 507000 | &nbsp;&nbsp;&nbsp; 499948 |
| Johnson & Johnson, 3.55%, 6/01/2044  | 850000 | &nbsp;&nbsp;&nbsp; 948563 |
| Roche Holdings, Inc., 5.489%, 11/13/2030 (n) | $493000 | &nbsp;&nbsp;&nbsp; 523284 |
| Roche Holdings, Inc., 5.593%, 11/13/2033 (n) | 733000 | &nbsp;&nbsp;&nbsp; 782466 |
| Rossini S.à r.l., 6.75%, 12/31/2029  | 1619000 | &nbsp;&nbsp;&nbsp; 1997609 |
| Sandoz Finance B.V., 4%, 3/26/2035  | 440000 | &nbsp;&nbsp;&nbsp; 522151 |
|  |  | &nbsp;&nbsp;&nbsp; $7045770 |
| Precious Metals & Minerals – 0.1% | Precious Metals & Minerals – 0.1% | Precious Metals & Minerals – 0.1% |
| Northern Star Resources Ltd. Co., 6.125%, 4/11/2033 (n)  | $926000 | &nbsp;&nbsp;&nbsp; $968964 |
| Printing & Publishing – 0.2% | Printing & Publishing – 0.2% | Printing & Publishing – 0.2% |
| Informa PLC, 3.375%, 6/09/2031  | 490000 | &nbsp;&nbsp;&nbsp; $570806 |
| News Corp., 3.875%, 5/15/2029 (n) | $1156000 | &nbsp;&nbsp;&nbsp; 1116289 |
|  |  | &nbsp;&nbsp;&nbsp; $1687095 |
| Railroad & Shipping – 0.2% | Railroad & Shipping – 0.2% | Railroad & Shipping – 0.2% |
| Burlington Northern Sante Fe LLC, 5.5%, 3/15/2055  | $1095000 | &nbsp;&nbsp;&nbsp; $1063706 |
| Union Pacific Corp., 3.25%, 2/05/2050  | 1326000 | &nbsp;&nbsp;&nbsp; 902408 |
|  |  | &nbsp;&nbsp;&nbsp; $1966114 |
| Real Estate - Office – 0.3% | Real Estate - Office – 0.3% | Real Estate - Office – 0.3% |
| Boston Properties LP, REIT, 3.65%, 2/01/2026  | $814000 | &nbsp;&nbsp;&nbsp; $810184 |
| Boston Properties LP, REIT, 2.75%, 10/01/2026  | 380000 | &nbsp;&nbsp;&nbsp; 373385 |
| Corporate Office Property LP, REIT, 2.25%, 3/15/2026  | 841000 | &nbsp;&nbsp;&nbsp; 829117 |
| Corporate Office Property LP, REIT, 2.75%, 4/15/2031  | 235000 | &nbsp;&nbsp;&nbsp; 211822 |
| Cousins Properties, Inc., REIT, 5.875%, 10/01/2034  | 457000 | &nbsp;&nbsp;&nbsp; 472521 |
|  |  | &nbsp;&nbsp;&nbsp; $2697029 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Real Estate - Other – 0.3% | Real Estate - Other – 0.3% | Real Estate - Other – 0.3% |
| Lexington Realty Trust Co., 2.7%, 9/15/2030  | $880000 | &nbsp;&nbsp;&nbsp; $800726 |
| RHP Hotel Properties LP/RHP Finance Corp., 7.25%, 7/15/2028 (n) | 1893000 | &nbsp;&nbsp;&nbsp; 1948357 |
|  |  | &nbsp;&nbsp;&nbsp; $2749083 |
| Real Estate - Retail – 0.3% | Real Estate - Retail – 0.3% | Real Estate - Retail – 0.3% |
| Hammerson PLC, 5.875%, 10/08/2036  | 785000 | &nbsp;&nbsp;&nbsp; $1023372 |
| STORE Capital Corp., REIT, 2.75%, 11/18/2030  | $1370000 | &nbsp;&nbsp;&nbsp; 1236365 |
| STORE Capital Corp., REIT, 2.7%, 12/01/2031  | 62000 | &nbsp;&nbsp;&nbsp; 53965 |
| WEA Finance LLC, REIT, 2.875%, 1/15/2027 (n) | 1043000 | &nbsp;&nbsp;&nbsp; 1019924 |
|  |  | &nbsp;&nbsp;&nbsp; $3333626 |
| Retailers – 0.1% | Retailers – 0.1% | Retailers – 0.1% |
| El Corte Inglés S.A., 3.5%, 7/24/2033  | 300000 | &nbsp;&nbsp;&nbsp; $346176 |
| Home Depot, Inc., 3.625%, 4/15/2052  | $1158000 | &nbsp;&nbsp;&nbsp; 839043 |
|  |  | &nbsp;&nbsp;&nbsp; $1185219 |
| Specialty Chemicals – 0.2% | Specialty Chemicals – 0.2% | Specialty Chemicals – 0.2% |
| International Flavors & Fragrances, Inc., 5%, 9/26/2048  | $519000 | &nbsp;&nbsp;&nbsp; $446298 |
| Linde PLC, 3.4%, 2/14/2036  | 400000 | &nbsp;&nbsp;&nbsp; 461331 |
| Linde PLC, 3.25%, 2/18/2037  | 900000 | &nbsp;&nbsp;&nbsp; 1017144 |
|  |  | &nbsp;&nbsp;&nbsp; $1924773 |
| Specialty Stores – 0.3% | Specialty Stores – 0.3% | Specialty Stores – 0.3% |
| Carvana Co., 9%, 6/01/2031 (n)(p) | $2163049 | &nbsp;&nbsp;&nbsp; $2454170 |
| DICK'S Sporting Goods, 4.1%, 1/15/2052  | 790000 | &nbsp;&nbsp;&nbsp; 560397 |
| Richemont International Holding S.A., 1.625%, 5/26/2040  | 530000 | &nbsp;&nbsp;&nbsp; 462252 |
|  |  | &nbsp;&nbsp;&nbsp; $3476819 |
| Supermarkets – 0.4% | Supermarkets – 0.4% | Supermarkets – 0.4% |
| KeHE Distributors LLC/KeHE Finance Corp., 9%, 2/15/2029 (n) | $2011000 | &nbsp;&nbsp;&nbsp; $2117018 |
| Kroger Co., 5.5%, 9/15/2054  | 698000 | &nbsp;&nbsp;&nbsp; 653570 |
| Tesco Corporate Treasury Services PLC, 3.375%, 5/06/2032  | 460000 | &nbsp;&nbsp;&nbsp; 537265 |
| Tesco Corporate Treasury Services PLC, 5.125%, 5/22/2034  | 780000 | &nbsp;&nbsp;&nbsp; 1017307 |
|  |  | &nbsp;&nbsp;&nbsp; $4325160 |
| Supranational – 1.4% | Supranational – 1.4% | Supranational – 1.4% |
| European Union, 3%, 3/04/2053  | 7480000 | &nbsp;&nbsp;&nbsp; $7238057 |
| International Bank for Reconstruction and Development, 4.125%, 10/22/2030  | 5200000 | &nbsp;&nbsp;&nbsp; 6996735 |
|  |  | &nbsp;&nbsp;&nbsp; $14234792 |
| Telecommunications - Wireless – 0.7% | Telecommunications - Wireless – 0.7% | Telecommunications - Wireless – 0.7% |
| American Tower Corp., 3.625%, 5/30/2032  | 670000 | &nbsp;&nbsp;&nbsp; $795715 |
| Cellnex Finance Co. S.A., 3.5%, 5/22/2032  | 600000 | &nbsp;&nbsp;&nbsp; 701752 |
| T-Mobile USA, Inc., 3.875%, 4/15/2030  | $657000 | &nbsp;&nbsp;&nbsp; 643526 |
| T-Mobile USA, Inc., 5.05%, 7/15/2033  | 796000 | &nbsp;&nbsp;&nbsp; 804165 |
| T-Mobile USA, Inc., 5.75%, 1/15/2034  | 646000 | &nbsp;&nbsp;&nbsp; 678376 |
| T-Mobile USA, Inc., 3.5%, 2/11/2037  | 1590000 | &nbsp;&nbsp;&nbsp; 1784351 |
| WP/AP Telecom Holdings III B.V., 5.5%, 1/15/2030  | 1410000 | &nbsp;&nbsp;&nbsp; 1656576 |
|  |  | &nbsp;&nbsp;&nbsp; $7064461 |
| Telephone Services – 0.2% | Telephone Services – 0.2% | Telephone Services – 0.2% |
| Deutsche Telekom AG, 3.625%, 2/03/2045  | 450000 | &nbsp;&nbsp;&nbsp; $486847 |
| Koninklijke KPN N.V., 3.375%, 2/17/2035  | 700000 | &nbsp;&nbsp;&nbsp; 800425 |
| TELUS Corp., 2.85%, 11/13/2031  | 1970000 | &nbsp;&nbsp;&nbsp; 1348224 |
|  |  | &nbsp;&nbsp;&nbsp; $2635496 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Tobacco – 0.3% | Tobacco – 0.3% | Tobacco – 0.3% |
| B.A.T. International Finance PLC, 4.125%, 4/12/2032  | 1110000 | &nbsp;&nbsp;&nbsp; $1340150 |
| Imperial Brands Finance PLC, 5.5%, 2/01/2030 (n) | $360000 | &nbsp;&nbsp;&nbsp; 372912 |
| Japan Tobacco, Inc., 5.25%, 6/15/2030 (n) | 859000 | &nbsp;&nbsp;&nbsp; 892077 |
| JT International Financial Services B.V., 3.87% to 3/04/2031, FLR (EUR ICE Swap Rate - 5yr. + 1.528%) to <br> 3/04/2036, FLR (EUR ICE Swap Rate - 5yr. + 1.778%) to 3/04/2051, FLR (EUR ICE Swap Rate - 5yr. + 2.528%) <br> to 9/04/2055 (w)<br>| 650000 | &nbsp;&nbsp;&nbsp; 760669 |
|  |  | &nbsp;&nbsp;&nbsp; $3365808 |
| Transportation - Services – 1.0% | Transportation - Services – 1.0% | Transportation - Services – 1.0% |
| Aeroporti Di Roma S.p.A, 3.625%, 6/15/2032  | 870000 | &nbsp;&nbsp;&nbsp; $1020164 |
| Autostrade per l'Italia S.p.A., 5.125%, 6/14/2033  | 410000 | &nbsp;&nbsp;&nbsp; 520290 |
| DSV Finance B.V., 3.375%, 11/06/2034  | 120000 | &nbsp;&nbsp;&nbsp; 138801 |
| Edge Finco PLC, 8.125%, 8/15/2031  | 1614000 | &nbsp;&nbsp;&nbsp; 2314971 |
| Element Fleet Management Corp., 6.271%, 6/26/2026 (n) | $732000 | &nbsp;&nbsp;&nbsp; 741936 |
| Element Fleet Management Corp., 6.319%, 12/04/2028 (n) | 473000 | &nbsp;&nbsp;&nbsp; 500780 |
| Heathrow Funding Ltd., 6%, 3/05/2032  | 620000 | &nbsp;&nbsp;&nbsp; 842729 |
| Heathrow Funding Ltd., 3.875%, 1/16/2038  | 860000 | &nbsp;&nbsp;&nbsp; 996354 |
| Toll Road Investors Partnership II LP, Capital Appreciation, NPFG, 0%, 2/15/2027 (n) | $1754000 | &nbsp;&nbsp;&nbsp; 1603100 |
| Transurban Finance Co. Pty Ltd., 4.225%, 4/26/2033  | 1150000 | &nbsp;&nbsp;&nbsp; 1402743 |
|  |  | &nbsp;&nbsp;&nbsp; $10081868 |
| U.S. Treasury Obligations – 2.9% | U.S. Treasury Obligations – 2.9% | U.S. Treasury Obligations – 2.9% |
| U.S. Treasury Bonds, 3.875%, 5/15/2043 (f) | $14747000 | &nbsp;&nbsp;&nbsp; $13072985 |
| U.S. Treasury Bonds, 4.75%, 2/15/2045  | 415000 | &nbsp;&nbsp;&nbsp; 408840 |
| U.S. Treasury Bonds, 4.75%, 11/15/2053 (f) | 8769000 | &nbsp;&nbsp;&nbsp; 8524427 |
| U.S. Treasury Notes, 4.625%, 2/15/2035  | 7715000 | &nbsp;&nbsp;&nbsp; 7978998 |
|  |  | &nbsp;&nbsp;&nbsp; $29985250 |
| Utilities - Electric Power – 3.4% | Utilities - Electric Power – 3.4% | Utilities - Electric Power – 3.4% |
| Adani Transmission Ltd., 4.25%, 5/21/2036  | $903500 | &nbsp;&nbsp;&nbsp; $797718 |
| AEP Transmission Co. LLC, 5.375%, 6/15/2035  | 749000 | &nbsp;&nbsp;&nbsp; 767284 |
| Algonquin Power & Utilities Corp., 5.365%, 6/15/2026  | 341000 | &nbsp;&nbsp;&nbsp; 343405 |
| American Transmission Systems, Inc., 2.65%, 1/15/2032 (n) | 864000 | &nbsp;&nbsp;&nbsp; 767856 |
| Amprion GmbH, 3.875%, 6/05/2036  | 600000 | &nbsp;&nbsp;&nbsp; 701155 |
| Berkshire Hathaway Energy Co., 5.15%, 11/15/2043  | $222000 | &nbsp;&nbsp;&nbsp; 210981 |
| Berkshire Hathaway Energy Co., 4.6%, 5/01/2053  | 185000 | &nbsp;&nbsp;&nbsp; 153579 |
| Bruce Power LP, 2.68%, 12/21/2028  | 557000 | &nbsp;&nbsp;&nbsp; 397182 |
| Bruce Power LP, 4.7%, 6/21/2031  | 510000 | &nbsp;&nbsp;&nbsp; 385774 |
| Bruce Power LP, 4.27%, 12/21/2034  | 1252000 | &nbsp;&nbsp;&nbsp; 900554 |
| Clearway Energy Operating LLC, 3.75%, 2/15/2031 (n) | $2382000 | &nbsp;&nbsp;&nbsp; 2190979 |
| ContourGlobal Power Holdings S.A., 5%, 2/28/2030 (n) | 1372000 | &nbsp;&nbsp;&nbsp; 1642269 |
| Duke Energy Florida LLC, 6.2%, 11/15/2053  | $1040000 | &nbsp;&nbsp;&nbsp; 1102554 |
| E.ON International Finance B.V., 3.5%, 9/03/2035 (w) | 1590000 | &nbsp;&nbsp;&nbsp; 1840067 |
| E.ON International Finance B.V., 5.875%, 10/30/2037  | 550000 | &nbsp;&nbsp;&nbsp; 734296 |
| Enel Finance International N.V., 3.5%, 2/24/2036  | 650000 | &nbsp;&nbsp;&nbsp; 739478 |
| Enel Finance International N.V., 3.5%, 4/06/2028 (n) | $505000 | &nbsp;&nbsp;&nbsp; 495342 |
| Enel Finance International N.V., 2.5%, 7/12/2031 (n) | 1165000 | &nbsp;&nbsp;&nbsp; 1038152 |
| Enel Finance International N.V., 5.5%, 6/15/2052 (n) | 299000 | &nbsp;&nbsp;&nbsp; 277059 |
| Enel S.p.A., 4.5%, 1/14/2174  | 680000 | &nbsp;&nbsp;&nbsp; 797667 |
| ENGIE Energia Chile S.A., 6.375%, 4/17/2034 (n) | $239000 | &nbsp;&nbsp;&nbsp; 251169 |
| Entergy Corp., 0.9%, 9/15/2025  | 1184000 | &nbsp;&nbsp;&nbsp; 1182436 |
| EPH Financing International A.S., 4.625%, 7/02/2032  | 885000 | &nbsp;&nbsp;&nbsp; 1050328 |
| Eversource Energy, 5.5%, 1/01/2034  | $875000 | &nbsp;&nbsp;&nbsp; 894417 |
| Florida Power & Light Co., 2.875%, 12/04/2051  | 710000 | &nbsp;&nbsp;&nbsp; 443848 |
| Georgia Power Co., 4.95%, 5/17/2033  | 507000 | &nbsp;&nbsp;&nbsp; 513186 |
| Jersey Central Power & Light Co., 2.75%, 3/01/2032 (n) | 294000 | &nbsp;&nbsp;&nbsp; 261066 |
| National Grid North America, Inc., 3.917%, 6/03/2035  | 840000 | &nbsp;&nbsp;&nbsp; 987229 |
| NextEra Energy Capital Holdings, Inc., 5.749%, 9/01/2025  | $788000 | &nbsp;&nbsp;&nbsp; 788000 |
| Northern States Power Co. of Minnesota, 5.05%, 5/15/2035  | 721000 | &nbsp;&nbsp;&nbsp; 728759 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | | |
|:---|:---|:---|:---|
| **Issuer** |  | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Utilities - Electric Power – continued | Utilities - Electric Power – continued | Utilities - Electric Power – continued | Utilities - Electric Power – continued |
| Oncor Electric Delivery Co. LLC, 5.35%, 4/01/2035 (n) | $| 1118000 | &nbsp;&nbsp;&nbsp; $1149319 |
| Pacific Gas & Electric Co., 6.1%, 1/15/2029  |  | 245000 | &nbsp;&nbsp;&nbsp; 255654 |
| Pacific Gas & Electric Co., 6.4%, 6/15/2033  |  | 220000 | &nbsp;&nbsp;&nbsp; 233686 |
| Pacific Gas & Electric Co., 5.9%, 10/01/2054  |  | 276000 | &nbsp;&nbsp;&nbsp; 258080 |
| PG&E Corp., 5.25%, 7/01/2030  |  | 2528000 | &nbsp;&nbsp;&nbsp; 2463711 |
| PPL Electric Utilities Corp. 1st Mortgage, 5.25%, 5/15/2053  |  | 917000 | &nbsp;&nbsp;&nbsp; 868888 |
| PSEG Power LLC, 5.2%, 5/15/2030 (n) |  | 1026000 | &nbsp;&nbsp;&nbsp; 1055659 |
| SSE PLC, 3.5%, 3/18/2032  | EUR | 650000 | &nbsp;&nbsp;&nbsp; 769447 |
| Star Energy Geothermal (Wayang Windu) Ltd., 6.75%, 4/24/2033  | $| 547600 | &nbsp;&nbsp;&nbsp; 565397 |
| Terna Rete Elettrica Nazionale S.p.A., 3%, 7/22/2031  | EUR | 910000 | &nbsp;&nbsp;&nbsp; 1057320 |
| Xcel Energy, Inc., 4.6%, 6/01/2032  | $| 515000 | &nbsp;&nbsp;&nbsp; 507099 |
| Xcel Energy, Inc., 5.6%, 4/15/2035  |  | 87000 | &nbsp;&nbsp;&nbsp; 88934 |
| XPLR Infrastructure Operating Partners LP, 8.375%, 1/15/2031 (n) |  | 1538000 | &nbsp;&nbsp;&nbsp; 1608337 |
| XPLR Infrastructure Operating Partners LP, 8.625%, 3/15/2033 (n) |  | 751000 | &nbsp;&nbsp;&nbsp; 792033 |
|  |  |  | &nbsp;&nbsp;&nbsp; $35057353 |
| Utilities - Gas – 0.1% | Utilities - Gas – 0.1% | Utilities - Gas – 0.1% | Utilities - Gas – 0.1% |
| EP Infrastructure A.S., 2.045%, 10/09/2028  | EUR | 1413000 | &nbsp;&nbsp;&nbsp; $1595463 |
| Utilities - Water – 0.2% | Utilities - Water – 0.2% | Utilities - Water – 0.2% | Utilities - Water – 0.2% |
| Severn Trent PLC, 3.875%, 8/04/2037  | EUR | 680000 | &nbsp;&nbsp;&nbsp; $783287 |
| Severn Trent Utilities Finance PLC, 3.875%, 8/04/2035  |  | 710000 | &nbsp;&nbsp;&nbsp; 830349 |
|  |  |  | &nbsp;&nbsp;&nbsp; $1613636 |
| **Total Bonds**  | **Total Bonds**  |  | &nbsp;&nbsp; **$1002485116** |
| Mutual Funds (h) – 2.5%  | Mutual Funds (h) – 2.5%  | Mutual Funds (h) – 2.5%  | Mutual Funds (h) – 2.5%  |
| Money Market Funds – 2.5% | Money Market Funds – 2.5% | Money Market Funds – 2.5% |  |
| MFS Institutional Money Market Portfolio, 4.33% (v)  |  | 26295546 | &nbsp;&nbsp;&nbsp; $26298176 |
| Other Assets, Less Liabilities – 0.5% | Other Assets, Less Liabilities – 0.5% |  | &nbsp;&nbsp;&nbsp; 5099824 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; **$1033883116** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(f) All or a portion of the security has been segregated as collateral for open futures
 contracts and cleared swap agreements.

&nbsp;&nbsp;&nbsp;&nbsp;(h) An affiliated issuer, which may be considered one in which the fund owns 5% or more
 of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated
 issuers and in unaffiliated issuers were $26,298,176 and $1,002,485,116, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Interest only security for which the fund receives interest on notional principal
 (Par amount). Par amount shown is the notional principal and does not reflect the cost of the security.

&nbsp;&nbsp;&nbsp;&nbsp;(n) Securities exempt from registration under Rule 144A of the Securities Act of 1933.
 These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers.
 At period end, the aggregate value of these securities was $302,273,903, representing 29.2% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(p) Payment-in-kind (PIK) security for which interest income may be received in additional
 securities and/or cash.

&nbsp;&nbsp;&nbsp;&nbsp;(v) Affiliated issuer that is available only to investment companies managed by MFS. The
 rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end.

&nbsp;&nbsp;&nbsp;&nbsp;(w) When-issued security.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The following abbreviations are used in this report and are defined: | The following abbreviations are used in this report and are defined: |
| AGM | Assured Guaranty Municipal |
| CFRR | China Fixing Repo Rate |
| CLO | Collateralized Loan Obligation |
| CMT | Constant Maturity Treasury  |
| CPI-U | Consumer Price Index - Urban Consumers |
| EURIBOR | Euro Interbank Offered Rate |
| FLR | Floating Rate. Interest rate resets periodically based on the parenthetically disclosed reference rate plus a spread (if any). The period-end rate <br> reported may not be the current rate. All reference rates are USD unless otherwise noted.<br>|
| HICPXT | Harmonized Index of Consumer Prices Excluding Tobacco |
| ICE | Intercontinental Exchange |
| NPFG | National Public Finance Guarantee Corp. |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | |
|:---|:---|
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |
| TBA | To Be Announced |
| UMBS | Uniform Mortgage-Backed Security |
| Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise <br> indicated. A list of abbreviations is shown below: | Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise <br> indicated. A list of abbreviations is shown below: |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CLP | Chilean Peso |
| CNH | Chinese Yuan Renminbi (Offshore)  |
| CNY | China Yuan Renminbi |
| CZK | Czech Koruna |
| EUR | Euro |
| GBP | British Pound |
| IDR | Indonesian Rupiah |
| ISK | Icelandic Krona |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PEN | Peruvian Nuevo Sol  |
| SGD | Singapore Dollar |
| THB | Thai Baht |
| UYU | Uruguayan Peso |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Derivative Contracts at 8/31/25** | **Derivative Contracts at 8/31/25** | **Derivative Contracts at 8/31/25** | **Derivative Contracts at 8/31/25** | **Derivative Contracts at 8/31/25** | **Derivative Contracts at 8/31/25** | **Derivative Contracts at 8/31/25** |
| **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  |
| **Currency** <br>**Purchased** | **Currency** <br>**Purchased** | &nbsp;&nbsp; **Currency** <br>**Sold** | &nbsp;&nbsp; **Currency** <br>**Sold** | **Counterparty** | &nbsp;&nbsp; **Settlement** <br>**Date**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| AUD | &nbsp;&nbsp; 8740052 | USD | &nbsp;&nbsp; 5681527 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; $42714 |
| AUD | &nbsp;&nbsp; 3792652 | USD | &nbsp;&nbsp; 2468340 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 15632 |
| BRL | &nbsp;&nbsp; 3787539 | USD | &nbsp;&nbsp; 696879 | Barclays Bank PLC | 9/02/2025 | &nbsp;&nbsp; 1690 |
| BRL | &nbsp;&nbsp; 9633020 | USD | &nbsp;&nbsp; 1716286 | Citibank N.A. | 9/02/2025 | &nbsp;&nbsp; 60418 |
| CNH | &nbsp;&nbsp; 61057000 | USD | &nbsp;&nbsp; 8534401 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; 70361 |
| CZK | &nbsp;&nbsp; 1061022 | USD | &nbsp;&nbsp; 50102 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; 711 |
| EUR | &nbsp;&nbsp; 3352027 | USD | &nbsp;&nbsp; 3929035 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; 3662 |
| EUR | &nbsp;&nbsp; 3370131 | USD | &nbsp;&nbsp; 3922724 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; 31214 |
| EUR | &nbsp;&nbsp; 1354109 | USD | &nbsp;&nbsp; 1574543 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; 14137 |
| EUR | &nbsp;&nbsp; 1058237 | USD | &nbsp;&nbsp; 1234945 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 6610 |
| GBP | &nbsp;&nbsp; 2660333 | USD | &nbsp;&nbsp; 3575723 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; 21279 |
| GBP | &nbsp;&nbsp; 3745528 | USD | &nbsp;&nbsp; 5054760 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; 9521 |
| GBP | &nbsp;&nbsp; 1421685 | USD | &nbsp;&nbsp; 1888636 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 33606 |
| GBP | &nbsp;&nbsp; 1622003 | USD | &nbsp;&nbsp; 2185113 | UBS AG | 10/17/2025 | &nbsp;&nbsp; 7976 |
| JPY | &nbsp;&nbsp; 76507094 | USD | &nbsp;&nbsp; 521884 | JPMorgan Chase Bank N.A. | 10/17/2025 | &nbsp;&nbsp; 1315 |
| JPY | &nbsp;&nbsp; 1797571013 | USD | &nbsp;&nbsp; 12248887 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 43930 |
| MXN | &nbsp;&nbsp; 189779752 | USD | &nbsp;&nbsp; 10056427 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 64185 |
| NOK | &nbsp;&nbsp; 47758175 | USD | &nbsp;&nbsp; 4720519 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; 31760 |
| NOK | &nbsp;&nbsp; 2612301 | USD | &nbsp;&nbsp; 259512 | Deutsche Bank AG | 10/17/2025 | &nbsp;&nbsp; 431 |
| THB | &nbsp;&nbsp; 167935195 | USD | &nbsp;&nbsp; 5179349 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; 35063 |
| USD | &nbsp;&nbsp; 5587420 | AUD | &nbsp;&nbsp; 8494334 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 24112 |
| USD | &nbsp;&nbsp; 699906 | BRL | &nbsp;&nbsp; 3787539 | Barclays Bank PLC | 9/02/2025 | &nbsp;&nbsp; 1336 |
| USD | &nbsp;&nbsp; 1780102 | BRL | &nbsp;&nbsp; 9633020 | Citibank N.A. | 9/02/2025 | &nbsp;&nbsp; 3398 |
| USD | &nbsp;&nbsp; 411714 | BRL | &nbsp;&nbsp; 2228236 | JPMorgan Chase Bank N.A. | 9/02/2025 | &nbsp;&nbsp; 740 |
| USD | &nbsp;&nbsp; 5583181 | CAD | &nbsp;&nbsp; 7636010 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; 11138 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  |
| **Currency**<br> **Purchased** | **Currency**<br> **Purchased** | &nbsp;&nbsp; **Currency**<br> **Sold** | &nbsp;&nbsp; **Currency**<br> **Sold** | **Counterparty** | &nbsp;&nbsp; **Settlement**<br> **Date**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Asset Derivatives - continued** | **Asset Derivatives - continued** | **Asset Derivatives - continued** | **Asset Derivatives - continued** | **Asset Derivatives - continued** | **Asset Derivatives - continued** | **Asset Derivatives - continued** |
| USD | &nbsp;&nbsp; 8157810 | CAD | &nbsp;&nbsp; 11145934 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; $24554 |
| USD | &nbsp;&nbsp; 17223995 | CAD | &nbsp;&nbsp; 23396272 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 151594 |
| USD | &nbsp;&nbsp; 4185517 | CHF | &nbsp;&nbsp; 3296428 | JPMorgan Chase Bank N.A. | 10/17/2025 | &nbsp;&nbsp; 43055 |
| USD | &nbsp;&nbsp; 3436987 | CHF | &nbsp;&nbsp; 2706401 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 35984 |
| USD | &nbsp;&nbsp; 2542189 | CLP | &nbsp;&nbsp; 2437659171 | Citibank N.A. | 10/10/2025 | &nbsp;&nbsp; 20652 |
| USD | &nbsp;&nbsp; 549774 | EUR | &nbsp;&nbsp; 465671 | BNP Paribas | 10/17/2025 | &nbsp;&nbsp; 3435 |
| USD | &nbsp;&nbsp; 1173479 | EUR | &nbsp;&nbsp; 993641 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; 7711 |
| USD | &nbsp;&nbsp; 1146899 | EUR | &nbsp;&nbsp; 973690 | JPMorgan Chase Bank N.A. | 10/17/2025 | &nbsp;&nbsp; 4536 |
| USD | &nbsp;&nbsp; 10858545 | EUR | &nbsp;&nbsp; 9229288 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 30471 |
| USD | &nbsp;&nbsp; 535957 | EUR | &nbsp;&nbsp; 455639 | UBS AG | 10/17/2025 | &nbsp;&nbsp; 1387 |
| USD | &nbsp;&nbsp; 7073404 | GBP | &nbsp;&nbsp; 5195788 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; 48245 |
| USD | &nbsp;&nbsp; 6613503 | GBP | &nbsp;&nbsp; 4878347 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 17552 |
| USD | &nbsp;&nbsp; 7524678 | IDR | &nbsp;&nbsp; 122433996000 | Citibank N.A. | 10/31/2025 | &nbsp;&nbsp; 108727 |
| USD | &nbsp;&nbsp; 25216192 | JPY | &nbsp;&nbsp; 3679018726 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; 56961 |
| USD | &nbsp;&nbsp; 31541625 | JPY | &nbsp;&nbsp; 4601877414 | JPMorgan Chase Bank N.A. | 10/17/2025 | &nbsp;&nbsp; 71360 |
| USD | &nbsp;&nbsp; 13609992 | JPY | &nbsp;&nbsp; 1981471744 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 59557 |
| USD | &nbsp;&nbsp; 9634870 | KRW | &nbsp;&nbsp; 13334563999 | Citibank N.A. | 10/21/2025 | &nbsp;&nbsp; 18409 |
| USD | &nbsp;&nbsp; 21722072 | KRW | &nbsp;&nbsp; 30058785898 | JPMorgan Chase Bank N.A. | 10/21/2025 | &nbsp;&nbsp; 44637 |
| USD | &nbsp;&nbsp; 2072622 | KRW | &nbsp;&nbsp; 2842409931 | Morgan Stanley Capital Services LLC | 10/21/2025 | &nbsp;&nbsp; 22768 |
| USD | &nbsp;&nbsp; 1567932 | NZD | &nbsp;&nbsp; 2636074 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; 10259 |
| USD | &nbsp;&nbsp; 312386 | SGD | &nbsp;&nbsp; 397938 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; 1124 |
| USD | &nbsp;&nbsp; 312056 | THB | &nbsp;&nbsp; 10028707 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; 664 |
|  |  |  |  |  |  | &nbsp;&nbsp; $1320581 |
| **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| AUD | &nbsp;&nbsp; 8310591 | USD | &nbsp;&nbsp; 5452727 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; $(9761)<br>|
| BRL | &nbsp;&nbsp; 11192323 | USD | &nbsp;&nbsp; 2068248 | Citibank N.A. | 9/02/2025 | &nbsp;&nbsp; (3948)<br>|
| BRL | &nbsp;&nbsp; 2228236 | USD | &nbsp;&nbsp; 411759 | JPMorgan Chase Bank N.A. | 9/02/2025 | &nbsp;&nbsp; (786)<br>|
| CAD | &nbsp;&nbsp; 3526150 | USD | &nbsp;&nbsp; 2590038 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; (16985)<br>|
| CAD | &nbsp;&nbsp; 3547827 | USD | &nbsp;&nbsp; 2600278 | UBS AG | 10/17/2025 | &nbsp;&nbsp; (11407)<br>|
| CHF | &nbsp;&nbsp; 2118823 | USD | &nbsp;&nbsp; 2686358 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; (23734)<br>|
| CNH | &nbsp;&nbsp; 19270199 | USD | &nbsp;&nbsp; 2715951 | Citibank N. A. | 10/17/2025 | &nbsp;&nbsp; (203)<br>|
| EUR | &nbsp;&nbsp; 877981 | USD | &nbsp;&nbsp; 1030881 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; (808)<br>|
| EUR | &nbsp;&nbsp; 664712 | USD | &nbsp;&nbsp; 783320 | BNP Paribas | 10/17/2025 | &nbsp;&nbsp; (3460)<br>|
| EUR | &nbsp;&nbsp; 436968 | USD | &nbsp;&nbsp; 514771 | Goldman Sachs International | 10/17/2025 | &nbsp;&nbsp; (2106)<br>|
| EUR | &nbsp;&nbsp; 7741222 | USD | &nbsp;&nbsp; 9120576 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (38344)<br>|
| EUR | &nbsp;&nbsp; 3193779 | USD | &nbsp;&nbsp; 3756452 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (9415)<br>|
| GBP | &nbsp;&nbsp; 2115008 | USD | &nbsp;&nbsp; 2871954 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; (12278)<br>|
| GBP | &nbsp;&nbsp; 4995273 | USD | &nbsp;&nbsp; 6802427 | JPMorgan Chase Bank N.A. | 10/17/2025 | &nbsp;&nbsp; (48382)<br>|
| GBP | &nbsp;&nbsp; 996208 | USD | &nbsp;&nbsp; 1347136 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (176)<br>|
| IDR | &nbsp;&nbsp; 79996150571 | USD | &nbsp;&nbsp; 4937729 | Citibank N.A. | 10/31/2025 | &nbsp;&nbsp; (92282)<br>|
| JPY | &nbsp;&nbsp; 283931705 | USD | &nbsp;&nbsp; 1954096 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (12409)<br>|
| JPY | &nbsp;&nbsp; 249605718 | USD | &nbsp;&nbsp; 1710590 | JPMorgan Chase Bank N.A. | 10/17/2025 | &nbsp;&nbsp; (3644)<br>|
| JPY | &nbsp;&nbsp; 1199845290 | USD | &nbsp;&nbsp; 8226109 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (20881)<br>|
| NZD | &nbsp;&nbsp; 857227 | USD | &nbsp;&nbsp; 515675 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; (9135)<br>|
| NZD | &nbsp;&nbsp; 7943391 | USD | &nbsp;&nbsp; 4768416 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (74617)<br>|
| SGD | &nbsp;&nbsp; 406258 | USD | &nbsp;&nbsp; 318227 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; (457)<br>|
| USD | &nbsp;&nbsp; 168568 | AUD | &nbsp;&nbsp; 257852 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (311)<br>|
| USD | &nbsp;&nbsp; 48246100 | AUD | &nbsp;&nbsp; 74004029 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (222349)<br>|
| USD | &nbsp;&nbsp; 682083 | BRL | &nbsp;&nbsp; 3787539 | Barclays Bank PLC | 11/28/2025 | &nbsp;&nbsp; (1866)<br>|
| USD | &nbsp;&nbsp; 1937930 | BRL | &nbsp;&nbsp; 11192323 | Citibank N.A. | 9/02/2025 | &nbsp;&nbsp; (126369)<br>|
| USD | &nbsp;&nbsp; 651111 | CAD | &nbsp;&nbsp; 893975 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (1228)<br>|
| USD | &nbsp;&nbsp; 2562630 | CLP | &nbsp;&nbsp; 2503760043 | Citibank N.A. | 10/10/2025 | &nbsp;&nbsp; (27281)<br>|
| USD | &nbsp;&nbsp; 32796405 | CNH | &nbsp;&nbsp; 234093855 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; (194437)<br>|
| USD | &nbsp;&nbsp; 13670120 | CNH | &nbsp;&nbsp; 97566292 | BNP Paribas | 10/17/2025 | &nbsp;&nbsp; (79895)<br>|

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  | **Forward Foreign Currency Exchange Contracts - continued**  |
| **Currency**<br> **Purchased** | **Currency**<br> **Purchased** | &nbsp;&nbsp; **Currency**<br> **Sold** | &nbsp;&nbsp; **Currency**<br> **Sold** | **Counterparty** | &nbsp;&nbsp; **Settlement**<br> **Date**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Liability Derivatives - continued** | **Liability Derivatives - continued** | **Liability Derivatives - continued** | **Liability Derivatives - continued** | **Liability Derivatives - continued** | **Liability Derivatives - continued** | **Liability Derivatives - continued** |
| USD | &nbsp;&nbsp; 2595526 | CNH | &nbsp;&nbsp; 18573354 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; $(22016)<br>|
| USD | &nbsp;&nbsp; 13668193 | CNH | &nbsp;&nbsp; 97566292 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (81823)<br>|
| USD | &nbsp;&nbsp; 3664664 | CZK | &nbsp;&nbsp; 76895939 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; (17896)<br>|
| USD | &nbsp;&nbsp; 43374873 | EUR | &nbsp;&nbsp; 37018669 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; (56532)<br>|
| USD | &nbsp;&nbsp; 35767935 | EUR | &nbsp;&nbsp; 30548902 | Deutsche Bank AG | 10/17/2025 | &nbsp;&nbsp; (72948)<br>|
| USD | &nbsp;&nbsp; 135000401 | EUR | &nbsp;&nbsp; 115253618 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (218580)<br>|
| USD | &nbsp;&nbsp; 791524 | EUR | &nbsp;&nbsp; 678395 | Merrill Lynch International | 10/17/2025 | &nbsp;&nbsp; (4390)<br>|
| USD | &nbsp;&nbsp; 1673644 | EUR | &nbsp;&nbsp; 1431375 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (5687)<br>|
| USD | &nbsp;&nbsp; 19310123 | GBP | &nbsp;&nbsp; 14330971 | Goldman Sachs International | 10/17/2025 | &nbsp;&nbsp; (66601)<br>|
| USD | &nbsp;&nbsp; 27300952 | GBP | &nbsp;&nbsp; 20266312 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (100872)<br>|
| USD | &nbsp;&nbsp; 10908128 | GBP | &nbsp;&nbsp; 8096594 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (39174)<br>|
| USD | &nbsp;&nbsp; 2356711 | JPY | &nbsp;&nbsp; 346313835 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (11581)<br>|
| USD | &nbsp;&nbsp; 1127133 | KRW | &nbsp;&nbsp; 1563540000 | Citibank N.A. | 10/21/2025 | &nbsp;&nbsp; (442)<br>|
| USD | &nbsp;&nbsp; 3598197 | MXN | &nbsp;&nbsp; 68226832 | State Street Corp. | 10/17/2025 | &nbsp;&nbsp; (40217)<br>|
| USD | &nbsp;&nbsp; 4937819 | NOK | &nbsp;&nbsp; 49825283 | BNP Paribas | 10/17/2025 | &nbsp;&nbsp; (20152)<br>|
| USD | &nbsp;&nbsp; 1298855 | NOK | &nbsp;&nbsp; 13352481 | Citibank N.A. | 10/17/2025 | &nbsp;&nbsp; (29812)<br>|
| USD | &nbsp;&nbsp; 4776329 | NOK | &nbsp;&nbsp; 48165766 | Goldman Sachs International | 10/17/2025 | &nbsp;&nbsp; (16508)<br>|
| USD | &nbsp;&nbsp; 1653751 | NOK | &nbsp;&nbsp; 16989717 | HSBC Bank | 10/17/2025 | &nbsp;&nbsp; (36848)<br>|
| USD | &nbsp;&nbsp; 4875162 | THB | &nbsp;&nbsp; 157906487 | Barclays Bank PLC | 10/17/2025 | &nbsp;&nbsp; (27857)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp; $(1918890)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  |
| **Description** | **Long/** <br>**Short**<br>| **Currency** | **Contracts** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| &nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Value/Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  |  |  |
| Canadian Treasury Bond 10 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; CAD | &nbsp;&nbsp; 91 | $7985153 | December – 2025 | &nbsp;&nbsp; $32198 |
| Canadian Treasury Bond 5 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; CAD | &nbsp;&nbsp; 334 | 27795435 | December – 2025 | &nbsp;&nbsp; 76369 |
| Euro-Bund 10 yr | &nbsp;&nbsp; Short | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 306 | 46377527 | September – 2025 | &nbsp;&nbsp; 415889 |
| Euro-Buxl 30 yr | &nbsp;&nbsp; Short | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 47 | 6266125 | September – 2025 | &nbsp;&nbsp; 279796 |
| Euro-Schatz 2 yr | &nbsp;&nbsp; Short | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 45 | 5636227 | September – 2025 | &nbsp;&nbsp; 3838 |
| Long Gilt 10 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 73 | 8931319 | December – 2025 | &nbsp;&nbsp; 7712 |
| U.S. Treasury Note 10 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; USD | &nbsp;&nbsp; 260 | 29250000 | December – 2025 | &nbsp;&nbsp; 114819 |
| U.S. Treasury Note 2 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; USD | &nbsp;&nbsp; 246 | 51300609 | December – 2025 | &nbsp;&nbsp; 61063 |
| U.S. Treasury Note 5 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; USD | &nbsp;&nbsp; 346 | 37876187 | December – 2025 | &nbsp;&nbsp; 85445 |
| U.S. Treasury Ultra Note 10 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; USD | &nbsp;&nbsp; 68 | 7779625 | December – 2025 | &nbsp;&nbsp; 22405 |
|  |  |  |  |  |  | &nbsp;&nbsp; $1099534 |
| **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  |  |  |
| Euro-Bobl 5 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 105 | $14428728 | September – 2025 | &nbsp;&nbsp; $(81331)<br>|
| Euro-BTP 10 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 95 | 13364645 | September – 2025 | &nbsp;&nbsp; (46911)<br>|
| U.S. Treasury Bond 30 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; USD | &nbsp;&nbsp; 56 | 6398000 | December – 2025 | &nbsp;&nbsp; (3274)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp; $(131516)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

*Portfolio of Investments (unaudited) – continued*

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  |
| **Maturity** <br>**Date** | **Maturity** <br>**Date** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| **Counterparty** | &nbsp;&nbsp; **Cash Flows** <br>**to Receive/** <br>**Frequency**<br>| &nbsp;&nbsp; **Cash Flows** <br>**to Pay/** <br>**Frequency**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Net Unamortized** <br>**Upfront Payments** <br>**(Receipts)**<br>| **Value** |
| **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |  |  |  |
| ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  |  |  |  |
| 11/18/29 | CNY | 206200000  | centrally cleared | 1.6445% / Quarterly  | CFRR / Quarterly  | &nbsp;&nbsp; $60629 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $60629 |
| ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  |  |  |  |
| 6/17/27 | USD | 50800000  | centrally cleared | CPI-U / At Maturity  | 2.745% / At Maturity  | &nbsp;&nbsp; $371759 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $371759 |
| 1/10/30 | USD | 45300000  | centrally cleared | CPI-U / At Maturity  | 2.523% / At Maturity  | &nbsp;&nbsp; 708189 | &nbsp;&nbsp; — | &nbsp;&nbsp; 708189 |
| 3/13/30 | USD | 11100000  | centrally cleared | CPI-U / At Maturity  | 2.463% / At Maturity  | &nbsp;&nbsp; 199002 | &nbsp;&nbsp; — | &nbsp;&nbsp; 199002 |
|  |  |  |  |  |  | &nbsp;&nbsp; $1278950 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1278950 |
|  |  |  |  |  |  | &nbsp;&nbsp; $1339579 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1339579 |
| **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |  |  |  |
| ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  |  |  |  |
| 12/13/29 | CNY | 79700000  | centrally cleared | 1.490% / Quarterly  | CFRR / Quarterly  | &nbsp;&nbsp; $(51696)<br>| &nbsp;&nbsp; $149 | &nbsp;&nbsp; $(51547)<br>|
| ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  | ***Inflation Swaps***  |  |  |  |
| 6/15/30 | EUR | 17300000  | centrally cleared | HICPXT / At Maturity  | 1.831% / At Maturity  | &nbsp;&nbsp; $(19479)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(19479)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp; $(71175)<br>| &nbsp;&nbsp; $149 | &nbsp;&nbsp; $(71026)<br>|

---

At August 31, 2025, the fund had liquid securities with an aggregate value of $7,960,956 to cover any collateral or margin obligations for certain derivative contracts.

See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.

------

**Supplemental Information**

8/31/25 (unaudited)

The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial

Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.

**(1) Investment Concentration**

The fund may invest up to 35% of its total assets in the securities of issuers in any particular industry if, at the time of investment, that industry represents more than 20% of the global bond market, as a whole, as measured by an index determined by MFS to be an appropriate measure of the global bond market. At August 31, 2025, the fund did not have more than 25% of its assets invested in any one

industry.

**(2) Investment Valuations**

Subject to its oversight, the fund's Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund's investments to MFS as the fund's adviser, pursuant to the fund's valuation policy and procedures which have been adopted by the adviser and approved by the Board. In accordance with Rule 2a-5 under the Investment Company Act of 1940, the Board of Trustees designated the adviser as the "valuation designee" of the fund. If the adviser, as valuation designee, determines that reliable market quotations are not readily available for an investment, the investment is valued at fair value as determined in good faith by the adviser in accordance with the adviser's fair valuation policy and procedures.

Under the fund's valuation policy and procedures, debt instruments and floating rate loans, including restricted debt instruments, are

generally valued at an evaluated or composite bid as provided by a third-party pricing service. Short-term instruments with a maturity at

issuance of 60 days or less may be valued at amortized cost, which approximates market value. Exchange-traded options are generally valued at the last sale or official closing price on their primary exchange as provided by a third-party pricing service. Exchange-traded options for which there were no sales reported that day are generally valued at the last daily bid quotation on their primary exchange as provided by a third-party pricing service. For put options, the position may be valued at the last daily ask quotation if there are no trades reported during the day. Options not traded on an exchange are generally valued at a broker/dealer bid quotation. Foreign currency options are generally

valued at valuations provided by a third-party pricing service. Futures contracts are generally valued at last posted settlement price on their primary exchange as provided by a third-party pricing service. Futures contracts for which there were no trades that day for a particular

position are generally valued at the closing bid quotation on their primary exchange as provided by a third-party pricing service. Forward foreign currency exchange contracts are generally valued at the mean of bid and asked prices for the time period interpolated from rates

provided by a third-party pricing service for proximate time periods. Swap agreements are generally valued using valuations provided by a

third-party pricing service, which for cleared swaps includes an evaluation of any trading activity at the clearinghouses. Open-end investment

companies are generally valued at net asset value per share. Funds traded on a recognized securities exchange (such as Exchange Traded Funds or Closed End Funds) are generally valued at the official closing price on their primary market or exchange as provided by a third-party pricing service. If no sales are reported that day for these funds, generally they will be valued at the last quoted daily bid quotation on their

primary market or exchange as provided by a third-party pricing service. The values of foreign securities and other assets and liabilities expressed in foreign currencies are converted to U.S. dollars using the mean of bid and asked prices for rates provided by a third-party pricing service.

Under the fund's valuation policy and procedures, market quotations are not considered to be readily available for debt instruments, floating rate loans, and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services or otherwise determined by the adviser in accordance with the adviser's fair valuation policy and procedures. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, spreads and other market data. Pricing services generally value debt instruments assuming orderly transactions of institutional round lot sizes, but a fund may hold or transact in such securities in smaller, odd lot sizes. In instances where a fund holds an odd lot size position in a debt instrument, such position will typically be valued using the pricing agent's institutional round lot price for the debt instrument. Odd lots may trade at lower prices than institutional round lots, and the fund may receive different prices when it sells odd lot positions than it would receive for sales of institutional round lot positions. An investment may also be valued at fair value if the adviser determines that the investment's value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund's net asset value, or after the halt of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund's net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund's net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net

asset value per share.

------

*Supplemental Information (unaudited) – continued*

Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk). Level 3 includes significant unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. Other financial instruments are derivative instruments, such as futures contracts, forward foreign currency exchange contracts, and swap agreements. The following is a summary of the levels used as of August 31, 2025 in valuing the fund's assets and liabilities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| U.S. Treasury Bonds & U.S. Government Agencies & Equivalents | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $29985250 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $29985250 |
| Non - U.S. Sovereign Debt | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 425196005 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 425196005 |
| Municipal Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7430016 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7430016 |
| U.S. Corporate Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 223895788 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 223895788 |
| Residential Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 92167799 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 92167799 |
| Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 21232730 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 21232730 |
| Asset-Backed Securities (including CDOs) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 36382051 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 36382051 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 166195477 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 166195477 |
| Investment Companies | &nbsp;&nbsp;&nbsp; 26298176 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 26298176 |
| Total | &nbsp;&nbsp;&nbsp; $26298176 | &nbsp;&nbsp;&nbsp; $1002485116 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $1028783292 |
| **Other Financial Instruments** |  |  |  |  |
| Futures Contracts – Assets | &nbsp;&nbsp;&nbsp; $1099534 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $1099534 |
| Futures Contracts – Liabilities | &nbsp;&nbsp;&nbsp; (131516)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (131516)<br>|
| Forward Foreign Currency Exchange Contracts – Assets | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1320581 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1320581 |
| Forward Foreign Currency Exchange Contracts – Liabilities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (1918890)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (1918890)<br>|
| Swap Agreements – Assets | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1339579 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1339579 |
| Swap Agreements – Liabilities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (71026)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (71026)<br>|

---

For further information regarding security characteristics, see the Portfolio of Investments.

**(3) Investments in Affiliated Issuers**

An affiliated issuer may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. For the purposes of this report, the following were affiliated issuers for the period ended August 31, 2025:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Issuers** | **Beginning** <br>**Value**<br>| **Purchases** | **Sales** <br>**Proceeds**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation or** <br>**Depreciation**<br>| **Ending** <br>**Value**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $19499742 | &nbsp;&nbsp; $572567350 | &nbsp;&nbsp; $565762318 | &nbsp;&nbsp; $(6656)<br>| &nbsp;&nbsp; $58 | &nbsp;&nbsp; $26298176<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Affiliated Issuers** | **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $824180 | &nbsp;&nbsp; $— |

---

------

*Supplemental Information (unaudited) – continued*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**(4) Issuer Country Weightings**

Issuer country weighting percentages of portfolio holdings based on net assets, as of August 31, 2025, are as follows:

---

| | |
|:---|:---|
| United States | 35.0% |
| China | 8.3% |
| Australia | 6.2% |
| Canada | 6.0% |
| United Kingdom | 6.0% |
| Italy | 5.4% |
| Japan | 5.0% |
| Greece | 3.4% |
| Supranational | 3.3% |
| Other Countries | 21.4% |

---

The issuer country weighting percentages include both accrued interest amounts and the equivalent exposure from any derivative holdings, if applicable.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS Series Trust X

- **b. Investment Company Act file number:** 811-04492

- **c. CIK number of Registrant:** 0000783740

- **d. LEI of Registrant:** 5493001MUVNRNUPJY164

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

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS Global Opportunistic Bond Fund

- **b. EDGAR series identifier (if any):** S000028956

- **c. LEI of Series:** XE280U8NKIY4V6K1JN70

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1064618561.92

**Total Liabilities:** $30734983.27

**Net Assets:** $1033883578.65

**Delayed Delivery Securities:** $11364712.32

**Cash Not Reported:** $229850.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -703.19132230 | **1-Year:** -14035.11895510 | **5-Year:** -81465.35892660 | **10-Year:** -110782.98319050 | **30-Year:** -33514.05822080

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

- **3-Month:** -1376.92110530 | **1-Year:** -13607.57439890 | **5-Year:** -25981.54304280 | **10-Year:** -9080.26794030 | **30-Year:** -2098.17677070

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000088936 | 1.19%                | -0.16%               | 0.82%                |
| Class ID C000088942 | 1.40%                | -0.08%               | 0.78%                |
| Class ID C000088935 | 1.25%                | 0.02%                | 0.75%                |
| Class ID C000088940 | 1.36%                | -0.12%               | 0.86%                |
| Class ID C000120923 | 1.40%                | -0.07%               | 0.78%                |
| Class ID C000088941 | 1.25%                | 0.02%                | 0.76%                |
| Class ID C000088938 | 1.27%                | -0.08%               | 0.90%                |
| Class ID C000088937 | 1.32%                | -0.16%               | 0.82%                |
| Class ID C000088939 | 1.32%                | -0.16%               | 0.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1186411.86             | $20265755.33                               |
| Month 2  | $972157.12               | $-18165985.66                              |
| Month 3  | $-869981.58              | $12228192.19                               |

**Designated Index Information**

- **Index Name:** BarCap Global Aggregate

- **Index Identifier:** LEGATRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XVS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      402789 | PA      | $400750.47    | 0.04%             | 2053-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                              | Boston Properties LP                                                                           | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |      814000 | PA      | $810183.46    | 0.08%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                                                     | UniCredit SpA                                                                                  | CUSIP: 904678AU3<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     1000000 | PA      | $998775.17    | 0.10%             | 2026-09-22      | Variable      | 2.57%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418ED56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       43088 | PA      | $35862.17     | 0.00%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418D6B3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      328060 | PA      | $262028.60    | 0.03%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| STWD Ltd.                                                                         | STWD Ltd., Series 2021-FL2, Class C                                                            | CUSIP: 78486BAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      238000 | PA      | $236110.54    | 0.02%             | 2038-04-18      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $18409.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                 | Wells Fargo & Co.                                                                              | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     1161000 | PA      | $1070519.95   | 0.10%             | 2033-03-02      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-23439.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Credit Acceptance Corp.                                                           | Credit Acceptance Corp.                                                                        | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2104000 | PA      | $2131217.55   | 0.21%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                                       | Marsh & McLennan Cos., Inc.                                                                    | CUSIP: 571748CD2<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |      667000 | PA      | $633017.84    | 0.06%             | 2055-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Accenture Capital, Inc.                                                           | Accenture Capital, Inc.                                                                        | CUSIP: 00440KAD5<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |      338000 | PA      | $330127.47    | 0.03%             | 2034-10-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $7743.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Baldwin Insurance Group Holdings LLC                                              | Baldwin Insurance Group Holdings LLC                                                           | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2326000 | PA      | $2414022.82   | 0.23%             | 2031-05-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K110, Class XAM                 | CUSIP: 3137FTZU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2589254 | PA      | $193498.32    | 0.02%             | 2030-04-25      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| MVM Energetika Zrt.                                                               | MVM Energetika Zrt.                                                                            | CUSIP: N/A<br>LEI: 529900ELI5AQ9F74PF85       | Long             | DBT              | NUSS              | HU        |     1460000 | PA      | $1532383.75   | 0.15%             | 2031-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                          | U.S. Treasury Bonds                                                                            | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    14747000 | PA      | $13072985.15  | 1.26%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Republic of Italy                                                                 | Buoni Poliennali del Tesoro                                                                    | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     3041000 | PA      | $3637813.00   | 0.35%             | 2039-10-01      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| MF1 LLC                                                                           | MF1 LLC, Series 2024-FL14, Class B                                                             | CUSIP: 55416AAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      848223 | PA      | $850296.91    | 0.08%             | 2039-03-19      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| CNH Industrial Capital LLC                                                        | CNH Industrial Capital LLC                                                                     | CUSIP: 12592BAR5<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |      843000 | PA      | $873964.96    | 0.08%             | 2029-01-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ContourGlobal Power Holdings SA                                                   | ContourGlobal Power Holdings SA                                                                | CUSIP: N/A<br>LEI: 549300O5AGIFK0PQ1516       | Long             | DBT              | CORP              | LU        |     1372000 | PA      | $1642268.60   | 0.16%             | 2030-02-28      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XTD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      397723 | PA      | $402776.61    | 0.04%             | 2053-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                                      | Pacific Gas and Electric Co.                                                                   | CUSIP: 694308KT3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      276000 | PA      | $258080.12    | 0.02%             | 2054-10-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BANK                                                                              | BANK, Series 2021-BN34, Class XA                                                               | CUSIP: 06541JAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11244629 | PA      | $439974.21    | 0.04%             | 2063-06-15      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| Central American Bottling Corp.                                                   | Central American Bottling Corp.                                                                | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |      960000 | PA      | $938025.70    | 0.09%             | 2029-04-27      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2106.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Store Capital LLC                                                                 | Store Capital LLC                                                                              | CUSIP: 862121AC4<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |     1370000 | PA      | $1236364.97   | 0.12%             | 2030-11-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                              | JPMorgan Chase & Co.                                                                           | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     1254000 | PA      | $1102478.78   | 0.11%             | 2032-02-04      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| Petronas Capital Ltd.                                                             | Petronas Capital Ltd.                                                                          | CUSIP: 716743AW9<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     1740000 | PA      | $1796902.98   | 0.17%             | 2035-04-03      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140N5ER1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       53271 | PA      | $53665.08     | 0.01%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities LLC                                                       | Business Jet Securities LLC, Series 2024-1A, Class A                                           | CUSIP: 12327CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1333028 | PA      | $1375730.06   | 0.13%             | 2039-05-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $54617.08     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON International Finance BV                                                     | E.ON International Finance BV                                                                  | CUSIP: N/A<br>LEI: 549300TG53AWJ719M814       | Long             | DBT              | CORP              | NL        |      550000 | PA      | $734296.45    | 0.07%             | 2037-10-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | FNMA, Series 2022-66, Class CF                                                                 | CUSIP: 3136BN6P6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2374808 | PA      | $2338263.02   | 0.23%             | 2052-10-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Life Insurance Co. (The)                                      | Northwestern Mutual Life Insurance Co. (The)                                                   | CUSIP: 668138AF7<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |     1320000 | PA      | $1376723.77   | 0.13%             | 2055-05-29      | Fixed         | 6.17%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138EMUX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      253793 | PA      | $252314.10    | 0.02%             | 2043-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                   | Danske Bank A/S                                                                                | CUSIP: 23636ABB6<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |      771000 | PA      | $748918.14    | 0.07%             | 2027-09-10      | Variable      | 1.55%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K128, Class X1                  | CUSIP: 3137FYUL8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    20306145 | PA      | $464515.24    | 0.04%             | 2031-03-25      | Variable      | 0.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-16984.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JH North America Holdings, Inc.                                                   | JH North America Holdings, Inc.                                                                | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |      581000 | PA      | $589700.48    | 0.06%             | 2032-07-31      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ELM Trust                                                                         | ELM Trust, Series 2024-ELM, Class C10                                                          | CUSIP: 26860XBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      194910 | PA      | $196457.22    | 0.02%             | 2039-06-10      | Variable      | 6.40%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $34969.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132A94L8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       36169 | PA      | $37472.36     | 0.00%             | 2028-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Paraguay Government International Bond                                            | Republic of Paraguay                                                                           | CUSIP: 699149AN0<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      725000 | PA      | $752477.50    | 0.07%             | 2036-02-09      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                              | Charter Communications Operating LLC                                                           | CUSIP: 161175BA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      834000 | PA      | $811206.90    | 0.08%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                                               | Regal Rexnord Corp.                                                                            | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |      989000 | PA      | $1023905.81   | 0.10%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140QKSJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      387977 | PA      | $322281.15    | 0.03%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                                    | Opal Bidco SAS                                                                                 | CUSIP: N/A<br>LEI: 969500R96XT7XY2UJ564       | Long             | DBT              | CORP              | FR        |      100000 | PA      | $120991.53    | 0.01%             | 2032-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                                      | Pacific Gas and Electric Co.                                                                   | CUSIP: 694308KM8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      220000 | PA      | $233685.55    | 0.02%             | 2033-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Paychex, Inc.                                                                     | Paychex, Inc.                                                                                  | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |      770000 | PA      | $796520.61    | 0.08%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Videotron Ltd.                                                                    | Videotron Ltd.                                                                                 | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     1302000 | PA      | $1256860.44   | 0.12%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179WXH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1342277 | PA      | $1099968.30   | 0.11%             | 2052-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                                            | OCP SA                                                                                         | CUSIP: 67091TAF2<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | NUSS              | MA        |     1038000 | PA      | $1096511.90   | 0.11%             | 2034-05-02      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                                                     | UniCredit SpA                                                                                  | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | DBT              | CORP              | IT        |     1300000 | PA      | $1522969.04   | 0.15%             | 2035-06-10      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                         | XPLR Infrastructure Operating Partners LP                                                      | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     1538000 | PA      | $1608337.35   | 0.16%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Volvo Financial Equipment LLC                                                     | Volvo Financial Equipment LLC, Series 2024-1A, Class A2                                        | CUSIP: 92887QAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1097219 | PA      | $1098471.50   | 0.11%             | 2027-05-17      | Fixed         | 4.56%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                                    | Enterprise Fleet Financing LLC, Series 2024-3, Class A2                                        | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      482764 | PA      | $485306.06    | 0.05%             | 2027-04-20      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179WVT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      701694 | PA      | $575023.71    | 0.06%             | 2052-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Empresa Nacional del Petroleo                                                     | Empresa Nacional del Petroleo                                                                  | CUSIP: 29245JAP7<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | NUSS              | CL        |     1041000 | PA      | $1076670.91   | 0.10%             | 2034-07-30      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co.                                                     | Berkshire Hathaway Energy Co.                                                                  | CUSIP: 084659BF7<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |      185000 | PA      | $153578.80    | 0.01%             | 2053-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA, Series 2015-144, Class HF                                                                | CUSIP: 38379QC94<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      901390 | PA      | $875953.27    | 0.08%             | 2045-10-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fiserv Funding ULC                                                                | Fiserv Funding ULC                                                                             | CUSIP: 337735AB0<br>LEI: 254900RNWK5SE9A0I712 | Long             | DBT              | CORP              | IE        |      770000 | PA      | $894021.58    | 0.09%             | 2032-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PSEG Power LLC                                                                    | PSEG Power LLC                                                                                 | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1026000 | PA      | $1055658.76   | 0.10%             | 2030-05-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $42527.62     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K116, Class XAM                 | CUSIP: 3137FWHX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2931170 | PA      | $203276.35    | 0.02%             | 2030-08-25      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| MF1 Ltd.                                                                          | MF1 Ltd., Series 2022-FL8, Class C                                                             | CUSIP: 55284JAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1130366 | PA      | $1124250.72   | 0.11%             | 2037-02-19      | Floating      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| Republic of Costa Rica                                                            | Republic of Costa Rica                                                                         | CUSIP: N/A<br>LEI: 549300S1EK2VN6XVJP58       | Long             | DBT              | NUSS              | CR        |     1415000 | PA      | $1492117.50   | 0.14%             | 2054-11-13      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Bermuda                                                                           | Bermuda Government Bond                                                                        | CUSIP: 085209AG9<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |      508000 | PA      | $458876.40    | 0.04%             | 2030-08-20      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                                          | UnitedHealth Group, Inc.                                                                       | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     1018000 | PA      | $1034302.62   | 0.10%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co.                                                         | Florida Power & Light Co.                                                                      | CUSIP: 341081GE1<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |      710000 | PA      | $443847.60    | 0.04%             | 2051-12-04      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux SARL                                                          | JBS USA Holding Lux SARL                                                                       | CUSIP: 46590XAX4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      766000 | PA      | $781695.34    | 0.08%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Belfius Bank SA                                                                   | Belfius Bank SA                                                                                | CUSIP: N/A<br>LEI: A5GWLFH3KM7YV2SFQL84       | Long             | DBT              | NUSS              | BE        |     1300000 | PA      | $1530973.02   | 0.15%             | 2030-05-28      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ams-OSRAM AG                                                                      | ams-OSRAM AG                                                                                   | CUSIP: N/A<br>LEI: 5299001JPPT2QFTV5D76       | Long             | DBT              | CORP              | AT        |     1614000 | PA      | $2001952.46   | 0.19%             | 2029-03-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| N/A                                                                               | Euro-Bund                                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -306 | NC      | $420330.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon Investments Six DAC                                                          | Icon Investments Six DAC                                                                       | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |      323000 | PA      | $337794.29    | 0.03%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co. LLC                                                   | Oncor Electric Delivery Co. LLC                                                                | CUSIP: 68233JCZ5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     1118000 | PA      | $1149318.74   | 0.11%             | 2035-04-01      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| EQT Trust                                                                         | EQT Trust, Series 2024-EXTR, Class D                                                           | CUSIP: 29439DAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      150000 | PA      | $153178.71    | 0.01%             | 2041-07-05      | Variable      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| Republic of Korea                                                                 | Republic of Korea                                                                              | CUSIP: N/A<br>LEI: 549300O0QCVSQGPGDT58       | Long             | DBT              | NUSS              | KR        |  9002080000 | PA      | $6112555.87   | 0.59%             | 2030-06-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                                              | American Tower Corp.                                                                           | CUSIP: 03027XCQ1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      670000 | PA      | $795715.39    | 0.08%             | 2032-05-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio                                          | MFS Institutional Money Market Portfolio, Class A                                              | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |    26220959 | NS      | $26223581.59  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Railway Finance Corp. Ltd.                                                 | Indian Railway Finance Corp. Ltd.                                                              | CUSIP: 45434M2C5<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     1850000 | PA      | $1698656.25   | 0.16%             | 2031-02-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp.                                                     | Six Flags Entertainment Corp.                                                                  | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2494000 | PA      | $2534529.99   | 0.25%             | 2032-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| French Republic                                                                   | French Republic                                                                                | CUSIP: N/A<br>LEI: 969500KCGF3SUYJHPV70       | Long             | DBT              | NUSS              | FR        |     8800000 | PA      | $10231743.24  | 0.99%             | 2031-02-25      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      325765 | PA      | $270670.89    | 0.03%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd.                                                      | Northern Star Resources Ltd.                                                                   | CUSIP: 66573RAA6<br>LEI: 254900XFXCRYYZAX6M78 | Long             | DBT              | CORP              | AU        |      926000 | PA      | $968963.80    | 0.09%             | 2033-04-11      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Summer BidCo BV                                                                   | Summer BidCo BV                                                                                | CUSIP: N/A<br>LEI: 724500EOJYP21L3XM206       | Long             | DBT              | CORP              | NL        |      310750 | PA      | $367426.92    | 0.04%             | 2029-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                | T-Mobile USA, Inc.                                                                             | CUSIP: N/A<br>LEI: 549300V2JRLO5DIFGE82       | Long             | DBT              | CORP              | US        |     1590000 | PA      | $1784350.85   | 0.17%             | 2037-02-11      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-457.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                              | Columbia Pipelines Operating Co. LLC                                                           | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      785000 | PA      | $812095.14    | 0.08%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC                                                                                          | CUSIP: 3128MJM64<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      173902 | PA      | $173958.46    | 0.02%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AmeriTex HoldCo Intermediate LLC                                                  | AmeriTex HoldCo Intermediate LLC                                                               | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1951000 | PA      | $2013066.64   | 0.19%             | 2033-08-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      101880 | PA      | $88455.35     | 0.01%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                        | Mars, Inc.                                                                                     | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |      998000 | PA      | $1007252.14   | 0.10%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                                    | Element Fleet Management Corp.                                                                 | CUSIP: 286181AK8<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |      473000 | PA      | $500780.01    | 0.05%             | 2028-12-04      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-27281.52    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWDC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      111282 | PA      | $88601.89     | 0.01%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K077, Class XAM                 | CUSIP: 3137FG7B5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    47225000 | PA      | $188508.03    | 0.02%             | 2028-05-25      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| Lseg US Fin Corp.                                                                 | Lseg US Fin Corp.                                                                              | CUSIP: 50222CAB6<br>LEI: 2138007FV67QQ13CGJ43 | Long             | DBT              | CORP              | US        |      755000 | PA      | $775264.01    | 0.07%             | 2034-03-28      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| BSPRT Issuer Ltd.                                                                 | BSPRT Issuer Ltd., Series 2021-FL7, Class C                                                    | CUSIP: 05602CAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      572500 | PA      | $568704.33    | 0.06%             | 2038-12-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                            | Oklahoma Development Finance Authority                                                         | CUSIP: 67884XCP0<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |      742000 | PA      | $727404.49    | 0.07%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                          | Angel Oak Mortgage Trust, Series 2025-1, Class A2                                              | CUSIP: 034934AB5<br>LEI: 254900HC0S1X9R2JZB30 | Long             | ABS-MBS          | CORP              | US        |     1213394 | PA      | $1222215.17   | 0.12%             | 2070-01-25      | Variable      | 5.84%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                               | Petroleos Mexicanos                                                                            | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |     1388000 | PA      | $1186400.50   | 0.11%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                 | Republic of Korea                                                                              | CUSIP: N/A<br>LEI: 549300O0QCVSQGPGDT58       | Long             | DBT              | NUSS              | KR        | 13614110000 | PA      | $9558002.12   | 0.92%             | 2029-06-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K109, Class XAM                 | CUSIP: 3137FTG43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2395024 | PA      | $173785.82    | 0.02%             | 2030-04-25      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                             | Targa Resources Corp.                                                                          | CUSIP: 87612GAB7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |      695000 | PA      | $574923.83    | 0.06%             | 2052-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Xcel Energy, Inc.                                                                 | Xcel Energy, Inc.                                                                              | CUSIP: 98388MAD9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |      515000 | PA      | $507098.61    | 0.05%             | 2032-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| RTE Reseau de Transport d'Electricite SADIR                                       | RTE Reseau de Transport d'Electricite SADIR                                                    | CUSIP: N/A<br>LEI: 969500JRJW0K2ET1UP76       | Long             | DBT              | CORP              | FR        |      900000 | PA      | $1030566.22   | 0.10%             | 2036-10-02      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| L'Oreal SA                                                                        | L'Oreal SA                                                                                     | CUSIP: 502117AA2<br>LEI: 529900JI1GG6F7RKVI53 | Long             | DBT              | CORP              | FR        |      563000 | PA      | $573779.55    | 0.06%             | 2035-05-20      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico         | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico                      | CUSIP: 07336UAB9<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |      597000 | PA      | $633842.52    | 0.06%             | 2039-01-08      | Variable      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                | Dominican Republic Government Bond                                                             | CUSIP: 25714PET1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      386000 | PA      | $411630.40    | 0.04%             | 2031-02-03      | Fixed         | 7.05%                 | Yes           |                  2 | On Loan: No      |
| Georgia Power Co.                                                                 | Georgia Power Co.                                                                              | CUSIP: 373334KT7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |      507000 | PA      | $513185.62    | 0.05%             | 2033-05-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                                                 | HSBC Holdings plc                                                                              | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | DBT              | CORP              | GB        |      850000 | PA      | $1010517.11   | 0.10%             | 2036-05-19      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| Cousins Properties LP                                                             | Cousins Properties LP                                                                          | CUSIP: 222793AA9<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |      457000 | PA      | $472521.46    | 0.05%             | 2034-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $4061.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pembina Pipeline Corp.                                                            | Pembina Pipeline Corp.                                                                         | CUSIP: 70632ZAY7<br>LEI: 5493002W3L9YICM6FU21 | Long             | DBT              | CORP              | CA        |      706000 | PA      | $539785.28    | 0.05%             | 2033-06-28      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWFM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      130634 | PA      | $113324.98    | 0.01%             | 2052-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pluxee NV                                                                         | Pluxee NV                                                                                      | CUSIP: N/A<br>LEI: 213800RQNIQT48SEEO85       | Long             | DBT              | CORP              | NL        |      700000 | PA      | $821742.17    | 0.08%             | 2032-09-04      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                | Dominican Republic Government Bond                                                             | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |     1300000 | PA      | $1225770.00   | 0.12%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418DKQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      511614 | PA      | $429801.17    | 0.04%             | 2050-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Imperial Brands Finance plc                                                       | Imperial Brands Finance plc                                                                    | CUSIP: 45262BAG8<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |      360000 | PA      | $372912.16    | 0.04%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                                      | UBS Group AG                                                                                   | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     1447000 | PA      | $1275339.05   | 0.12%             | 2033-02-11      | Variable      | 2.75%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                              | JPMorgan Chase & Co.                                                                           | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     1319000 | PA      | $1361947.27   | 0.13%             | 2036-01-24      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K127, Class X1                  | CUSIP: 3137FXZ50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    15609740 | PA      | $210965.63    | 0.02%             | 2031-01-25      | Variable      | 0.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $17890.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3434.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-725.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K-152, Class XAM                | CUSIP: 3137H9MC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    33028344 | PA      | $425140.84    | 0.04%             | 2032-11-25      | Variable      | 0.30%                 | No            |                  2 | On Loan: No      |
| Belfius Bank SA                                                                   | Belfius Bank SA                                                                                | CUSIP: N/A<br>LEI: A5GWLFH3KM7YV2SFQL84       | Long             | DBT              | NUSS              | BE        |     1200000 | PA      | $1409150.72   | 0.14%             | 2031-02-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                                         | Ford Motor Credit Co. LLC                                                                      | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      949000 | PA      | $959531.19    | 0.09%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-11406.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Muthoot Finance Ltd.                                                              | Muthoot Finance Ltd.                                                                           | CUSIP: 62828L2C6<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |      546000 | PA      | $561154.15    | 0.05%             | 2028-02-14      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K059, Class XAM                 | CUSIP: 3137BSRJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    62189000 | PA      | $143022.26    | 0.01%             | 2026-09-25      | Variable      | 0.32%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                                                          | Arthur J Gallagher & Co.                                                                       | CUSIP: 04316JAE9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |      616000 | PA      | $595244.79    | 0.06%             | 2053-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-10299.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140MGEZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1754817 | PA      | $1462291.94   | 0.14%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                                    | Broadcom, Inc.                                                                                 | CUSIP: 11135FCC3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     1049000 | PA      | $1044092.54   | 0.10%             | 2032-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA II, 30 Year                                                                               | CUSIP: 36179XQW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       39253 | PA      | $39034.41     | 0.00%             | 2053-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179W7J1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1342158 | PA      | $1144584.57   | 0.11%             | 2052-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                           | BPCE SA                                                                                        | CUSIP: 05583JAJ1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     1490000 | PA      | $1308619.57   | 0.13%             | 2032-01-20      | Variable      | 2.28%                 | Yes           |                  2 | On Loan: No      |
| Navoi Mining & Metallurgical Combinat                                             | Navoi Mining & Metallurgical Combinat                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | UZ        |     1418000 | PA      | $1468033.19   | 0.14%             | 2028-10-17      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Republic of Serbia                                                                | Republic of Serbia                                                                             | CUSIP: 817477AJ1<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |      665000 | PA      | $681471.58    | 0.07%             | 2034-06-12      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Linde plc                                                                         | Linde plc                                                                                      | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | DBT              | CORP              | IE        |      400000 | PA      | $461331.02    | 0.04%             | 2036-02-14      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Flowers Foods, Inc.                                                               | Flowers Foods, Inc.                                                                            | CUSIP: 343498AE1<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |      255000 | PA      | $246562.83    | 0.02%             | 2055-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138WFPH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      416573 | PA      | $387922.38    | 0.04%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                              | U.K. Treasury                                                                                  | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     5868882 | PA      | $7815890.71   | 0.76%             | 2031-10-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA, Series 2025-98, Class SW                                                                 | CUSIP: 38381NMU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1435172 | PA      | $1455799.32   | 0.14%             | 2055-06-20      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| LXP Industrial Trust                                                              | LXP Industrial Trust                                                                           | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |      880000 | PA      | $800726.01    | 0.08%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                                                               | Newell Brands, Inc.                                                                            | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     1952000 | PA      | $1925119.20   | 0.19%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138ETDL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      234546 | PA      | $234335.56    | 0.02%             | 2043-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                                   | Citigroup, Inc., Series GG                                                                     | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     2236000 | PA      | $2275150.12   | 0.22%             | 2030-08-15      | Variable      | 6.87%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                                                 | NTT Finance Corp.                                                                              | CUSIP: N/A<br>LEI: 3538007PR116187GD960       | Long             | DBT              | CORP              | JP        |      262000 | PA      | $312307.25    | 0.03%             | 2037-07-16      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Dornoch Debt Merger Sub, Inc.                                                     | Dornoch Debt Merger Sub, Inc.                                                                  | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1378000 | PA      | $1195933.68   | 0.12%             | 2029-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                         | XPLR Infrastructure Operating Partners LP                                                      | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |      751000 | PA      | $792033.14    | 0.08%             | 2033-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Allianz SE                                                                        | Allianz SE                                                                                     | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |     1200000 | PA      | $1119752.76   | 0.11%             | 2027-10-30      | Variable      | 3.20%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-9369.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Experian Finance plc                                                              | Experian Finance plc                                                                           | CUSIP: N/A<br>LEI: 635400RKRK5EGXSPC782       | Long             | DBT              | CORP              | GB        |     1010000 | PA      | $1165498.16   | 0.11%             | 2034-10-10      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $49809.55     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-171443.92   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Treasury Pty. Ltd.                                                      | Fortescue Treasury Pty. Ltd.                                                                   | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     2532000 | PA      | $2585832.85   | 0.25%             | 2030-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                                               | Macquarie Bank Ltd.                                                                            | CUSIP: 556079AG6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |      855000 | PA      | $860810.48    | 0.08%             | 2036-08-13      | Variable      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                                                          | Marathon Petroleum Corp.                                                                       | CUSIP: 56585ABL5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |      637000 | PA      | $650522.27    | 0.06%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Australia                                                         | Commonwealth of Australia                                                                      | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    36668000 | PA      | $20301057.30  | 1.96%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Oriental Republic of Uruguay                                                      | Oriental Republic of Uruguay                                                                   | CUSIP: 760942BF8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    93420000 | PA      | $2578625.00   | 0.25%             | 2033-07-20      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                                                 | NTT Finance Corp.                                                                              | CUSIP: N/A<br>LEI: 3538007PR116187GD960       | Long             | DBT              | CORP              | JP        |      350000 | PA      | $414531.66    | 0.04%             | 2033-07-16      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC, Series 5547, Class FH                                                                   | CUSIP: 3137HLVG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1556041 | PA      | $1569398.06   | 0.15%             | 2055-06-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Generali                                                                          | Generali                                                                                       | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | DBT              | CORP              | IT        |      710000 | PA      | $833419.49    | 0.08%             | 2036-06-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Canada 5 Year Bond                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |         334 | NC      | $76421.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Fleet Management Corp.                                                    | Element Fleet Management Corp.                                                                 | CUSIP: 286181AH5<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |      732000 | PA      | $741936.08    | 0.07%             | 2026-06-26      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | U.S. Treasury Long Bond                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          56 | NC      | $-3273.76     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesco Corporate Treasury Services plc                                             | Tesco Corporate Treasury Services plc                                                          | CUSIP: N/A<br>LEI: 21380018AJDKNF3A6712       | Long             | DBT              | CORP              | GB        |      780000 | PA      | $1017306.83   | 0.10%             | 2034-05-22      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                                            | LifePoint Health, Inc.                                                                         | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     2142000 | PA      | $2319295.48   | 0.22%             | 2030-08-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Maya SAS                                                                          | Maya SAS                                                                                       | CUSIP: N/A<br>LEI: 9695009PXA7OI9NXN582       | Long             | DBT              | CORP              | FR        |      300000 | PA      | $371074.30    | 0.04%             | 2031-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-9134.44     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                   | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      769000 | PA      | $777451.58    | 0.08%             | 2030-10-23      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances, Inc.                                          | International Flavors & Fragrances, Inc.                                                       | CUSIP: 459506AL5<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |      519000 | PA      | $446298.26    | 0.04%             | 2048-09-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3662.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BMP                                                                               | BMP, Series 2024-MF23, Class C                                                                 | CUSIP: 05593JAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      941760 | PA      | $944408.70    | 0.09%             | 2041-06-15      | Floating      | 6.20%                 | Yes           |                  2 | On Loan: No      |
| NatWest Group plc                                                                 | NatWest Group plc                                                                              | CUSIP: 639057AQ1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |      718000 | PA      | $794994.73    | 0.08%             | 2033-11-10      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                       | Nationwide Building Society                                                                    | CUSIP: N/A<br>LEI: 549300XFX12G42QIKN82       | Long             | DBT              | CORP              | GB        |      660000 | PA      | $915659.80    | 0.09%             | 2031-12-20      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                                                          | Arthur J Gallagher & Co.                                                                       | CUSIP: 04316JAM1<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |      166000 | PA      | $168978.99    | 0.02%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corp. Financiera de Desarrollo SA                                                 | Corp. Financiera de Desarrollo SA                                                              | CUSIP: 21987DAH7<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | USGA              | PE        |      615000 | PA      | $626900.25    | 0.06%             | 2030-05-06      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1737.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA, Series 2024-164, Class FM                                                                | CUSIP: 38384XSB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1062882 | PA      | $1062491.47   | 0.10%             | 2054-10-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                                          | Benchmark Mortgage Trust, Series 2021-B24, Class XA                                            | CUSIP: 08163CBE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     6349789 | PA      | $259343.16    | 0.03%             | 2054-03-15      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury DAC                                                              | Flutter Treasury DAC                                                                           | CUSIP: N/A<br>LEI: 635400JE8VLL9UFVIC38       | Long             | DBT              | CORP              | IE        |      660000 | PA      | $898034.41    | 0.09%             | 2031-06-04      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury DAC                                                              | Flutter Treasury DAC                                                                           | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |     1677000 | PA      | $1707538.17   | 0.17%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Republic of Albania                                                               | Republic of Albania                                                                            | CUSIP: N/A<br>LEI: 254900EDM43U3SGRND29       | Long             | DBT              | NUSS              | AL        |      628000 | PA      | $739135.31    | 0.07%             | 2035-02-14      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $33999.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                   | Danske Bank A/S                                                                                | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | DBT              | CORP              | DK        |      180000 | PA      | $210812.08    | 0.02%             | 2036-11-19      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                                | Credit Agricole SA                                                                             | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | DBT              | CORP              | FR        |     1000000 | PA      | $1157809.62   | 0.11%             | 2035-05-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Hungary                                                                           | Hungary Government Bond                                                                        | CUSIP: 445545AW6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     1827000 | PA      | $1873673.80   | 0.18%             | 2035-09-26      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-9760.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                      | Royal Caribbean Cruises Ltd.                                                                   | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      595000 | PA      | $604506.91    | 0.06%             | 2031-09-30      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| DSV Finance BV                                                                    | DSV Finance BV                                                                                 | CUSIP: N/A<br>LEI: 529900RTQQ0IIS4B3E03       | Long             | DBT              | CORP              | NL        |      120000 | PA      | $138800.71    | 0.01%             | 2034-11-06      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                                                 | GLS Auto Select Receivables Trust, Series 2024-3A, Class A2                                    | CUSIP: 37989EAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      693684 | PA      | $700732.05    | 0.07%             | 2029-10-15      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Federal Republic of Germany                                                       | Bundesrepublik Deutschland                                                                     | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |     1750000 | PA      | $1742717.58   | 0.17%             | 2054-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Empire District Bondco LLC                                                        | Empire District Bondco LLC, Series A-1                                                         | CUSIP: 291918AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1287146 | PA      | $1303713.29   | 0.13%             | 2033-01-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Encompass Health Corp.                                                            | Encompass Health Corp.                                                                         | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     2026000 | PA      | $1997312.65   | 0.19%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                   | Danske Bank A/S                                                                                | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | DBT              | CORP              | DK        |      930000 | PA      | $1083270.91   | 0.10%             | 2035-11-19      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Hellenic Republic                                                                 | Hellenic Republic                                                                              | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |     9875000 | PA      | $11638195.19  | 1.13%             | 2034-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                                            | OCP SA                                                                                         | CUSIP: 67091TAD7<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | NUSS              | MA        |      677000 | PA      | $619759.65    | 0.06%             | 2031-06-23      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| TRTX Issuer Ltd.                                                                  | TRTX Issuer Ltd., Series 2021-FL4, Class AS                                                    | CUSIP: 87276WAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      800000 | PA      | $798002.40    | 0.08%             | 2038-03-15      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| APA Infrastructure Ltd.                                                           | APA Infrastructure Ltd.                                                                        | CUSIP: 00188LAB3<br>LEI: 261700SS8OEHDOCOUJ33 | Long             | DBT              | CORP              | AU        |      290000 | PA      | $282308.01    | 0.03%             | 2044-09-16      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| United Mexican States                                                             | Mex Bonos Desarr Fix Rt                                                                        | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    76600000 | PA      | $3820417.05   | 0.37%             | 2033-05-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                                         | OBX Trust, Series 2024-NQM2, Class A1                                                          | CUSIP: 67118HAA8<br>LEI: 254900OHTVKDKZL33I54 | Long             | ABS-MBS          | CORP              | US        |     1838284 | PA      | $1849152.82   | 0.18%             | 2063-12-25      | Variable      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K112, Class XAM                 | CUSIP: 3137FUZZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3408930 | PA      | $237893.88    | 0.02%             | 2030-05-25      | Variable      | 1.77%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co. LLC                                                          | AEP Transmission Co. LLC                                                                       | CUSIP: 00115AAS8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |      749000 | PA      | $767284.14    | 0.07%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                 | Iowa Student Loan Liquidity Corp.                                                              | CUSIP: 462590NG1<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |      525000 | PA      | $502615.47    | 0.05%             | 2039-12-01      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Community Health Systems, Inc.                                                    | Community Health Systems, Inc.                                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     1991000 | PA      | $1784583.08   | 0.17%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133KMZB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       73264 | PA      | $61792.00     | 0.01%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                                               | LBM Acquisition LLC                                                                            | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     1832000 | PA      | $1680645.29   | 0.16%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of Italy                                                                 | Buoni Poliennali del Tesoro                                                                    | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     4742000 | PA      | $5711932.19   | 0.55%             | 2035-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $10213.57     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-819.52      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                  | Deutsche Bank AG                                                                               | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | CORP              | DE        |      600000 | PA      | $704677.57    | 0.07%             | 2031-02-13      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                              | JPMorgan Chase & Co.                                                                           | CUSIP: N/A<br>LEI: 8I5DZWZKVSZI1NUHU748       | Long             | DBT              | CORP              | US        |      810000 | PA      | $941177.06    | 0.09%             | 2036-01-23      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K136, Class XAM                 | CUSIP: 3137H4SM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     5486706 | PA      | $162835.01    | 0.02%             | 2031-12-25      | Variable      | 0.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $35983.64     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133D1G29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       70489 | PA      | $67832.61     | 0.01%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31419B5X9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       21030 | PA      | $20494.31     | 0.00%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commerzbank AG                                                                    | Commerzbank AG                                                                                 | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | DBT              | CORP              | DE        |      400000 | PA      | $468161.60    | 0.05%             | 2035-10-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-13407.53    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138EPUM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      214051 | PA      | $213859.00    | 0.02%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co.                                                     | Pioneer Natural Resources Co.                                                                  | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |      596000 | PA      | $534761.69    | 0.05%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418E2D1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      525997 | PA      | $529867.89    | 0.05%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NBN Co. Ltd.                                                                      | NBN Co. Ltd.                                                                                   | CUSIP: N/A<br>LEI: 2549007CRZ2NT7S96A24       | Long             | DBT              | NUSS              | AU        |      640000 | PA      | $758313.55    | 0.07%             | 2032-11-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31410LDU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      119944 | PA      | $119836.80    | 0.01%             | 2041-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NXP BV                                                                            | NXP BV                                                                                         | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      415000 | PA      | $397222.69    | 0.04%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Amprion GmbH                                                                      | Amprion GmbH                                                                                   | CUSIP: N/A<br>LEI: 529900ZIV0ETYHYZM863       | Long             | DBT              | CORP              | DE        |      600000 | PA      | $701154.74    | 0.07%             | 2036-06-05      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AREIT Trust                                                                       | AREIT Trust, Series 2022-CRE6, Class D                                                         | CUSIP: 04002VAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      569500 | PA      | $556684.71    | 0.05%             | 2037-01-20      | Floating      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| Severn Trent Utilities Finance plc                                                | Severn Trent Utilities Finance plc                                                             | CUSIP: N/A<br>LEI: 213800KY9PT6WBH33232       | Long             | DBT              | CORP              | GB        |      680000 | PA      | $783286.86    | 0.08%             | 2037-08-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      106155 | PA      | $84799.66     | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital International SA                                            | TotalEnergies Capital International SA                                                         | CUSIP: N/A<br>LEI: 549300U37G2I8G4RUG09       | Long             | DBT              | CORP              | FR        |     1400000 | PA      | $1630410.67   | 0.16%             | 2035-07-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 3618N5C64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      125363 | PA      | $126431.97    | 0.01%             | 2054-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140QMCD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       76849 | PA      | $64139.07     | 0.01%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Elevance Health, Inc.                                                             | Elevance Health, Inc.                                                                          | CUSIP: 036752AZ6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |      495000 | PA      | $505998.15    | 0.05%             | 2034-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                                               | Regal Rexnord Corp.                                                                            | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |      518000 | PA      | $551092.42    | 0.05%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138ENSU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      228598 | PA      | $228393.53    | 0.02%             | 2043-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.                                    | Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL3, Class C                       | CUSIP: 03880KAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1049500 | PA      | $1045549.68   | 0.10%             | 2034-08-15      | Floating      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418ERP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      571468 | PA      | $534039.53    | 0.05%             | 2053-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                                                    | Univision Communications, Inc.                                                                 | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     1967000 | PA      | $2026916.79   | 0.20%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Oriental Republic of Uruguay                                                      | Oriental Republic of Uruguay                                                                   | CUSIP: 917288BM3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |   230028000 | PA      | $5838869.40   | 0.56%             | 2031-05-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| EPH Financing International A/S                                                   | EPH Financing International A/S                                                                | CUSIP: N/A<br>LEI: 3157003E5A4ZV0JCSM65       | Long             | DBT              | CORP              | CZ        |      885000 | PA      | $1050328.12   | 0.10%             | 2032-07-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Novelis Corp.                                                                     | Novelis Corp.                                                                                  | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     2193000 | PA      | $2275485.31   | 0.22%             | 2030-01-30      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                | LPL Holdings, Inc.                                                                             | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     1333000 | PA      | $1302854.05   | 0.13%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                          | Angel Oak Mortgage Trust, Series 2024-9, Class A1                                              | CUSIP: 03466JAA7<br>LEI: 254900O3R79X1AD55F36 | Long             | ABS-MBS          | CORP              | US        |     2545560 | PA      | $2540519.91   | 0.25%             | 2069-09-25      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Republic of Bulgaria                                                              | Bulgaria Government Bond                                                                       | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |     1192000 | PA      | $1173675.99   | 0.11%             | 2037-03-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dua Capital Ltd.                                                                  | Dua Capital Ltd.                                                                               | CUSIP: N/A<br>LEI: 213800ILVLALFTITCB43       | Long             | DBT              | CORP              | MY        |     2465000 | PA      | $2261318.58   | 0.22%             | 2031-05-11      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Bank Gospodarstwa Krajowego                                                       | Bank Gospodarstwa Krajowego                                                                    | CUSIP: 06237MAC7<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |     1494000 | PA      | $1558349.82   | 0.15%             | 2034-07-09      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-20881.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AREIT Trust                                                                       | AREIT Trust, Series 2022-CRE6, Class C                                                         | CUSIP: 04002VAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |      533500 | PA      | $526830.98    | 0.05%             | 2037-01-20      | Floating      | 6.49%                 | Yes           |                  2 | On Loan: No      |
| Linde plc                                                                         | Linde plc                                                                                      | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | DBT              | CORP              | IE        |      900000 | PA      | $1017144.29   | 0.10%             | 2037-02-18      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                      | UBS Group AG                                                                                   | CUSIP: 902613AD0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     1182000 | PA      | $1059776.35   | 0.10%             | 2031-02-10      | Variable      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | FNMA, Series 2025-52, Class FM                                                                 | CUSIP: 3136BWXA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1651388 | PA      | $1662001.12   | 0.16%             | 2055-07-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $56961.34     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                  | Deutsche Bank AG                                                                               | CUSIP: 251526DB2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |      545000 | PA      | $549481.11    | 0.05%             | 2031-08-04      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Enel Finance International NV                                                     | Enel Finance International NV                                                                  | CUSIP: 29278GAP3<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     1165000 | PA      | $1038151.49   | 0.10%             | 2031-07-12      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $4185.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XGQ69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      158228 | PA      | $138555.58    | 0.01%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                          | New Hampshire Business Finance Authority, Series 2024 A                                        | CUSIP: 63610HAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      780000 | PA      | $812258.07    | 0.08%             | 2034-04-01      | Fixed         | 6.89%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                                                              | Republic of Paraguay                                                                           | CUSIP: N/A<br>LEI: 529900UXKJTJPCU0HK83       | Long             | DBT              | NUSS              | PY        |     2000000 | PA      | $1816540.00   | 0.18%             | 2048-03-13      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $740.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pembina Pipeline Corp.                                                            | Pembina Pipeline Corp.                                                                         | CUSIP: 70632ZAD3<br>LEI: 5493002W3L9YICM6FU21 | Long             | DBT              | CORP              | CA        |     1307000 | PA      | $878198.17    | 0.08%             | 2044-03-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179WLP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      170994 | PA      | $145822.60    | 0.01%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| nVent Finance SARL                                                                | nVent Finance SARL                                                                             | CUSIP: 67078AAF0<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |      300000 | PA      | $308630.16    | 0.03%             | 2033-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                                        | PG&E Corp.                                                                                     | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     2528000 | PA      | $2463710.94   | 0.24%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NBN Co. Ltd.                                                                      | NBN Co. Ltd.                                                                                   | CUSIP: 62878U2F8<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | NUSS              | AU        |      724000 | PA      | $758621.32    | 0.07%             | 2028-10-06      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Trust                                                                       | BBCMS Trust, Series 2021-C10, Class XA                                                         | CUSIP: 05551VBK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9000720 | PA      | $464546.04    | 0.04%             | 2054-07-15      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $35063.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Visa, Inc.                                                                        | Visa, Inc.                                                                                     | CUSIP: 92826CAX0<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |      430000 | PA      | $500868.96    | 0.05%             | 2044-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                                         | OBX Trust, Series 2024-NQM3, Class A1                                                          | CUSIP: 67118KAA1<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-MBS          | CORP              | US        |      378263 | PA      | $382529.47    | 0.04%             | 2063-12-25      | Variable      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Development Bank of Kazakhstan JSC                                                | Development Bank of Kazakhstan JSC                                                             | CUSIP: 25159XAE3<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |      656000 | PA      | $669143.63    | 0.06%             | 2029-10-23      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Pachelbel Bidco SpA                                                               | Pachelbel Bidco SpA                                                                            | CUSIP: N/A<br>LEI: 8156005DA07CDD50CC46       | Long             | DBT              | CORP              | IT        |      870000 | PA      | $1099860.24   | 0.11%             | 2031-05-17      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-40216.94    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-441.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Vier Gas Transport GmbH                                                           | Vier Gas Transport GmbH                                                                        | CUSIP: N/A<br>LEI: 529900AGED6PJE9AVL37       | Long             | DBT              | CORP              | DE        |     1000000 | PA      | $1170456.19   | 0.11%             | 2031-11-11      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Euro-BTP                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |          95 | NC      | $-49220.47    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                               | Euro-Bobl                                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         105 | NC      | $-81341.13    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth of Australia                                                         | Commonwealth of Australia                                                                      | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    16732000 | PA      | $10348212.25  | 1.00%             | 2034-12-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1009.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                          | U.S. Treasury Notes                                                                            | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     7715000 | PA      | $7978997.66   | 0.77%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                             | Bank of America Corp.                                                                          | CUSIP: 06051GMW6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     1347000 | PA      | $1383620.08   | 0.13%             | 2036-05-09      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138WDKV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       21192 | PA      | $20222.06     | 0.00%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tengizchevroil Finance Co. International Ltd.                                     | Tengizchevroil Finance Co. International Ltd.                                                  | CUSIP: N/A<br>LEI: 5493001VEV2XTJIBZH31       | Long             | DBT              | CORP              | BM        |     1204000 | PA      | $1099107.77   | 0.11%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AbbVie, Inc.                                                                      | AbbVie, Inc.                                                                                   | CUSIP: 00287YDV8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      488000 | PA      | $477254.49    | 0.05%             | 2044-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                                        | Corebridge Financial, Inc.                                                                     | CUSIP: 21871XAK5<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |      978000 | PA      | $822889.24    | 0.08%             | 2042-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWF57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1325706 | PA      | $1313601.05   | 0.13%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities LLC                                                       | Business Jet Securities LLC, Series 2024-2A, Class A                                           | CUSIP: 12326TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      818492 | PA      | $822984.81    | 0.08%             | 2039-09-15      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Erste Group Bank AG                                                               | Erste Group Bank AG                                                                            | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | DBT              | CORP              | AT        |      600000 | PA      | $721646.97    | 0.07%             | 2032-04-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EVA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      347518 | PA      | $355631.21    | 0.03%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Thales SA                                                                         | Thales SA                                                                                      | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | DBT              | CORP              | FR        |      600000 | PA      | $750156.22    | 0.07%             | 2031-10-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Euro-Schatz                                                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -45 | NC      | $3741.54      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| mBank SA                                                                          | mBank SA                                                                                       | CUSIP: N/A<br>LEI: 259400DZXF7UJKK2AY35       | Long             | DBT              | CORP              | PL        |      700000 | PA      | $830517.54    | 0.08%             | 2030-09-27      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      297492 | PA      | $279856.93    | 0.03%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SSE plc                                                                           | SSE plc                                                                                        | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | DBT              | CORP              | GB        |      650000 | PA      | $769446.99    | 0.07%             | 2032-03-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                                      | Marriott International, Inc., Series HH                                                        | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      843000 | PA      | $773256.27    | 0.07%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-29979.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                                          | Benchmark Mortgage Trust, Series 2021-B26, Class XA                                            | CUSIP: 08163EBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    19200085 | PA      | $657441.63    | 0.06%             | 2054-06-15      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| AIB Group plc                                                                     | AIB Group plc                                                                                  | CUSIP: 00135TAD6<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |     1891000 | PA      | $2011369.47   | 0.19%             | 2029-09-13      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| Arqiva Broadcast Finance plc                                                      | Arqiva Broadcast Finance plc                                                                   | CUSIP: N/A<br>LEI: 5493007PMKIGKNYH2S25       | Long             | DBT              | CORP              | GB        |     1338000 | PA      | $1852373.76   | 0.18%             | 2030-07-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                                    | Broadcom, Inc.                                                                                 | CUSIP: 11135FCM1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      518000 | PA      | $522713.74    | 0.05%             | 2035-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133BHQL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      407461 | PA      | $404077.02    | 0.04%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418FGW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      783723 | PA      | $754183.67    | 0.07%             | 2055-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co.                                                             | Kraft Heinz Foods Co.                                                                          | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     1184000 | PA      | $942841.94    | 0.09%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WMG Acquisition Corp.                                                             | WMG Acquisition Corp.                                                                          | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     1076000 | PA      | $1021107.75   | 0.10%             | 2029-12-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Mondi Finance plc                                                                 | Mondi Finance plc                                                                              | CUSIP: N/A<br>LEI: 213800BJV32JT6IRCS96       | Long             | DBT              | CORP              | GB        |      800000 | PA      | $939254.33    | 0.09%             | 2033-05-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWMR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1112502 | PA      | $1097509.06   | 0.11%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-807.48      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179W7K8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1591036 | PA      | $1409530.23   | 0.14%             | 2052-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Gruma SAB de CV                                                                   | Gruma SAB de CV                                                                                | CUSIP: 400131AH1<br>LEI: 5493000XJLJ6C4T0PG82 | Long             | DBT              | CORP              | MX        |      426000 | PA      | $435209.19    | 0.04%             | 2034-12-09      | Fixed         | 5.39%                 | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                                                     | UniCredit SpA                                                                                  | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | DBT              | CORP              | IT        |     1270000 | PA      | $1491579.40   | 0.14%             | 2037-06-24      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| CaixaBank SA                                                                      | CaixaBank SA                                                                                   | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | DBT              | CORP              | ES        |     1300000 | PA      | $1503862.71   | 0.15%             | 2035-06-26      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| 3650R Commercial Mortgage Trust                                                   | 3650R Commercial Mortgage Trust, Series 2021-PF1, Class XA                                     | CUSIP: 88581EAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    11617827 | PA      | $438224.45    | 0.04%             | 2054-11-15      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133CAS68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       44949 | PA      | $46229.63     | 0.00%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-28476.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                  | Burlington Northern Santa Fe LLC                                                               | CUSIP: 12189LBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1095000 | PA      | $1063705.69   | 0.10%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                    | Morgan Stanley Capital I Trust, Series 2021-L6, Class XA                                       | CUSIP: 61692CBK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    16097211 | PA      | $647407.27    | 0.06%             | 2054-06-15      | Variable      | 1.29%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                                                 | PennyMac Financial Services, Inc.                                                              | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     2201000 | PA      | $2248880.55   | 0.22%             | 2033-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XVT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      743010 | PA      | $752231.01    | 0.07%             | 2053-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-8670.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K538, Class X1                  | CUSIP: 3137HKSB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     4842258 | PA      | $111592.27    | 0.01%             | 2030-01-25      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| Trustees of the University of Pennsylvania (The)                                  | Trustees of the University of Pennsylvania (The), Series 2020                                  | CUSIP: 91481CAD2<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |     1894000 | PA      | $1091181.64   | 0.11%             | 2050-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC, Series 5438, Class FE                                                                   | CUSIP: 3137HFDN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2793817 | PA      | $2803302.30   | 0.27%             | 2054-08-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Hammerson plc                                                                     | Hammerson plc                                                                                  | CUSIP: N/A<br>LEI: 213800G1C9KKVVDN1A60       | Long             | DBT              | CORP              | GB        |      785000 | PA      | $1023372.63   | 0.10%             | 2036-10-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                  | Deutsche Bank AG                                                                               | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |      926000 | PA      | $946920.11    | 0.09%             | 2029-01-10      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                                           | Arrow Electronics, Inc.                                                                        | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |      597000 | PA      | $527115.37    | 0.05%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133CFHU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      252664 | PA      | $262550.59    | 0.03%             | 2053-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Intel Corp.                                                                       | Intel Corp.                                                                                    | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |      560000 | PA      | $514969.80    | 0.05%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| EnBW International Finance BV                                                     | EnBW International Finance BV                                                                  | CUSIP: N/A<br>LEI: 724500CNCIO1ZTJ0X675       | Long             | DBT              | CORP              | NL        |      630000 | PA      | $737267.79    | 0.07%             | 2035-11-20      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd.                                                   | Fairfax Financial Holdings Ltd.                                                                | CUSIP: 303901BV3<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |      904000 | PA      | $923242.12    | 0.09%             | 2035-05-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      758668 | PA      | $709333.25    | 0.07%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eurofins Scientific SE                                                            | Eurofins Scientific SE                                                                         | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | DBT              | CORP              | LU        |      230000 | PA      | $269048.58    | 0.03%             | 2033-02-05      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Transurban Finance Co. Pty. Ltd.                                                  | Transurban Finance Co. Pty. Ltd.                                                               | CUSIP: N/A<br>LEI: 54930081LPJMUMEA6E57       | Long             | DBT              | CORP              | AU        |     1150000 | PA      | $1402743.40   | 0.14%             | 2033-04-26      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| Bruce Power LP                                                                    | Bruce Power LP                                                                                 | CUSIP: 116705AN4<br>LEI: 549300R8DACS3G0K8262 | Long             | DBT              | CORP              | CA        |      510000 | PA      | $385774.42    | 0.04%             | 2031-06-21      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                          | PNC Financial Services Group, Inc. (The)                                                       | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      774000 | PA      | $806933.90    | 0.08%             | 2035-01-22      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| ORLEN SA                                                                          | ORLEN SA                                                                                       | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | DBT              | CORP              | PL        |     1790000 | PA      | $1852131.29   | 0.18%             | 2035-01-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $29603.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain, Inc.                                                               | Iron Mountain, Inc.                                                                            | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     2222000 | PA      | $2216735.19   | 0.21%             | 2028-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Province of British Columbia Canada                                               | Province of British Columbia                                                                   | CUSIP: 110709GJ5<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     1117000 | PA      | $605051.49    | 0.06%             | 2050-06-18      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2108.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31410LK35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       12440 | PA      | $12072.55     | 0.00%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                                        | Verus Securitization Trust, Series 2024-1, Class A1                                            | CUSIP: 92540EAA1<br>LEI: 984500A3F1D749452747 | Long             | ABS-MBS          | CORP              | US        |      931439 | PA      | $937077.07    | 0.09%             | 2069-01-25      | Variable      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DM5P6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      669389 | PA      | $556041.82    | 0.05%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Acushnet Co.                                                                      | Acushnet Co.                                                                                   | CUSIP: 005095AA2<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |     2069000 | PA      | $2162572.59   | 0.21%             | 2028-10-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Sammons Financial Group, Inc.                                                     | Sammons Financial Group, Inc.                                                                  | CUSIP: 79588TAF7<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |      948000 | PA      | $1027617.39   | 0.10%             | 2034-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Graphic Packaging International LLC                                               | Graphic Packaging International LLC                                                            | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     1097000 | PA      | $1073092.14   | 0.10%             | 2026-04-15      | Fixed         | 1.51%                 | Yes           |                  2 | On Loan: No      |
| Citigroup, Inc.                                                                   | Citigroup, Inc.                                                                                | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | Long             | DBT              | CORP              | US        |      950000 | PA      | $1116743.14   | 0.11%             | 2036-07-23      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| People's Republic of China                                                        | People's Republic of China                                                                     | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |   113930000 | PA      | $17264901.96  | 1.67%             | 2033-02-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BANK                                                                              | BANK, Series 2021-BN32, Class XA                                                               | CUSIP: 06542BBN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     7737373 | PA      | $233487.62    | 0.02%             | 2054-04-15      | Variable      | 0.87%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179WXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      263448 | PA      | $233409.06    | 0.02%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EBR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      621690 | PA      | $494892.64    | 0.05%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                 | Eversource Energy                                                                              | CUSIP: 30040WAX6<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |      875000 | PA      | $894416.95    | 0.09%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commerzbank AG                                                                    | Commerzbank AG, Series 1061                                                                    | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | DBT              | CORP              | DE        |      300000 | PA      | $355163.30    | 0.03%             | 2032-01-14      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3648.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133KMSR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      178403 | PA      | $142451.45    | 0.01%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132D6EP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      507081 | PA      | $506554.68    | 0.05%             | 2038-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STWD Ltd.                                                                         | STWD Ltd., Series 2021-FL2, Class B                                                            | CUSIP: 78486BAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1223000 | PA      | $1212856.80   | 0.12%             | 2038-04-18      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                                    | Enterprise Fleet Financing LLC, Series 2025-1, Class A2                                        | CUSIP: 29390HAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      432000 | PA      | $433523.06    | 0.04%             | 2027-10-20      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| EP Infrastructure A/S                                                             | EP Infrastructure A/S                                                                          | CUSIP: N/A<br>LEI: 315700I4J1M1NKGWWY89       | Long             | DBT              | CORP              | CZ        |     1413000 | PA      | $1595463.01   | 0.15%             | 2028-10-09      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                                    | Commonwealth Bank of Australia                                                                 | CUSIP: 202712BN4<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     1696000 | PA      | $1534444.67   | 0.15%             | 2031-03-11      | Fixed         | 2.69%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $9568.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Serbia International Bond                                                         | Republic of Serbia                                                                             | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |      100000 | PA      | $90309.55     | 0.01%             | 2036-09-23      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton, Inc.                                                         | Booz Allen Hamilton, Inc.                                                                      | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |      826000 | PA      | $850056.42    | 0.08%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1534.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd.                                                   | Fairfax Financial Holdings Ltd.                                                                | CUSIP: 303901AZ5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |     1434000 | PA      | $1063312.02   | 0.10%             | 2027-12-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140QKNN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      544608 | PA      | $452389.97    | 0.04%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140MKFU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      748407 | PA      | $649930.69    | 0.06%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $43054.58     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Financieringsmaatschappij NV                                              | Siemens Financieringsmaatschappij NV                                                           | CUSIP: N/A<br>LEI: TAFO772JB70PDRN5VS48       | Long             | DBT              | CORP              | NL        |      300000 | PA      | $348121.40    | 0.03%             | 2045-05-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XBTH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      253897 | PA      | $201708.33    | 0.02%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Japan                                                                             | Japan Government Bond                                                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  2359000000 | PA      | $15794087.31  | 1.53%             | 2035-03-20      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                                       | Carvana Co.                                                                                    | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     2163049 | PA      | $2454169.46   | 0.24%             | 2031-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XHV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      482410 | PA      | $427875.01    | 0.04%             | 2052-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ELM Trust                                                                         | ELM Trust, Series 2024-ELM, Class B10                                                          | CUSIP: 26860XBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1580784 | PA      | $1594717.66   | 0.15%             | 2039-06-10      | Variable      | 6.20%                 | Yes           |                  2 | On Loan: No      |
| Tesco Corporate Treasury Services plc                                             | Tesco Corporate Treasury Services plc                                                          | CUSIP: N/A<br>LEI: 21380018AJDKNF3A6712       | Long             | DBT              | CORP              | GB        |      460000 | PA      | $537265.24    | 0.05%             | 2032-05-06      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA                                       | Powszechna Kasa Oszczednosci Bank Polski SA                                                    | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | DBT              | CORP              | PL        |      710000 | PA      | $834286.53    | 0.08%             | 2031-06-30      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| State Oil Co. of the Azerbaijan Republic                                          | State Oil Co. of the Azerbaijan Republic                                                       | CUSIP: N/A<br>LEI: 2549002HARR1VE257O76       | Long             | DBT              | NUSS              | AZ        |     1481000 | PA      | $1579716.44   | 0.15%             | 2030-03-18      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| TCW CLO Ltd.                                                                      | TCW CLO Ltd., Series 2020-1A, Class BR3                                                        | CUSIP: 87190CBL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     3150000 | PA      | $3132886.05   | 0.30%             | 2034-04-20      | Floating      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418ECQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1121927 | PA      | $933756.54    | 0.09%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK5                                                                             | BANK5, Series 2024-5YR9, Class AS                                                              | CUSIP: 06644VBM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1128169 | PA      | $1180213.69   | 0.11%             | 2057-08-15      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWDJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       75319 | PA      | $62791.14     | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                        | Mars, Inc.                                                                                     | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |      380000 | PA      | $387261.27    | 0.04%             | 2030-03-01      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Fastighets AB Balder                                                              | Fastighets AB Balder                                                                           | CUSIP: N/A<br>LEI: 549300GHKJCEZOAEUU82       | Long             | DBT              | CORP              | SE        |      410000 | PA      | $481795.88    | 0.05%             | 2032-02-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                            | Citadel Securities Global Holdings LLC                                                         | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |     1369000 | PA      | $1400892.61   | 0.14%             | 2030-06-18      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| MetLife, Inc.                                                                     | MetLife, Inc.                                                                                  | CUSIP: 59156RCN6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |      864000 | PA      | $889270.91    | 0.09%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-786.03      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418ECY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1423141 | PA      | $1221759.37   | 0.12%             | 2042-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chemours Co. (The)                                                                | Chemours Co. (The)                                                                             | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     1831000 | PA      | $1634983.94   | 0.16%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| AIB Group plc                                                                     | AIB Group plc                                                                                  | CUSIP: 00135TAE4<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |      700000 | PA      | $727719.29    | 0.07%             | 2035-03-28      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-4389.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-100872.21   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                             | Wells Fargo Commercial Mortgage Trust, Series 2021-C60, Class XA                               | CUSIP: 95003DBP2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    15275422 | PA      | $973881.50    | 0.09%             | 2054-08-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XNLP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       62331 | PA      | $54091.03     | 0.01%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bruce Power LP                                                                    | Bruce Power LP                                                                                 | CUSIP: 116705AQ7<br>LEI: 549300R8DACS3G0K8262 | Long             | DBT              | CORP              | CA        |     1252000 | PA      | $900553.89    | 0.09%             | 2034-12-21      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Finance I BV                                             | Thermo Fisher Scientific Finance I BV                                                          | CUSIP: N/A<br>LEI: 549300SM0PJC1F3RPL91       | Long             | DBT              | CORP              | NL        |      920000 | PA      | $674653.62    | 0.07%             | 2051-10-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NY Society for Relief of Ruptured & Crippled Maintaining Hospital Special Surgery | NY Society for Relief of Ruptured & Crippled Maintaining Hospital Special Surgery, Series 2020 | CUSIP: 44107HAF9<br>LEI: 549300U0XV0GGBTV6I72 | Long             | DBT              | CORP              | US        |     1172000 | PA      | $698527.26    | 0.07%             | 2050-10-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1387.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holdings, Inc.                                                              | Roche Holdings, Inc.                                                                           | CUSIP: 771196CH3<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |      733000 | PA      | $782465.85    | 0.08%             | 2033-11-13      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $44637.41     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Visa, Inc.                                                                        | Visa, Inc.                                                                                     | CUSIP: 92826CAJ1<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |      630000 | PA      | $486568.43    | 0.05%             | 2047-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $13650.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TELUS Corp.                                                                       | TELUS Corp., Series CAF                                                                        | CUSIP: 87971MBV4<br>LEI: 894500WE70KKZRQMBU11 | Long             | DBT              | CORP              | CA        |     1970000 | PA      | $1348223.91   | 0.13%             | 2031-11-13      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                  | Deutsche Bank AG                                                                               | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | CORP              | DE        |      400000 | PA      | $468840.70    | 0.05%             | 2029-06-16      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                       | Nationwide Building Society                                                                    | CUSIP: N/A<br>LEI: 549300XFX12G42QIKN82       | Long             | DBT              | CORP              | GB        |      670000 | PA      | $795170.71    | 0.08%             | 2035-07-30      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-117627.04   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K076, Class XAM                 | CUSIP: 3137FEZY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    46683000 | PA      | $173324.64    | 0.02%             | 2028-04-25      | Variable      | 0.25%                 | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd.                                                              | Shriram Finance Ltd.                                                                           | CUSIP: 82556FAB8<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     1323000 | PA      | $1339941.02   | 0.13%             | 2028-04-03      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Commerzbank AG                                                                    | Commerzbank AG                                                                                 | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | DBT              | CORP              | DE        |     1000000 | PA      | $1169367.93   | 0.11%             | 2037-06-30      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-194436.60   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1314.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418D7E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       91479 | PA      | $73047.08     | 0.01%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                                        | Charles Schwab Corp. (The)                                                                     | CUSIP: 808513CH6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |      950000 | PA      | $1032293.24   | 0.10%             | 2034-08-24      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Amber Finco plc                                                                   | Amber Finco plc                                                                                | CUSIP: N/A<br>LEI: 9845004C0870D380O790       | Long             | DBT              | CORP              | GB        |     1250000 | PA      | $1538531.10   | 0.15%             | 2029-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-23733.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                | T-Mobile USA, Inc.                                                                             | CUSIP: 87264ACY9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      796000 | PA      | $804165.46    | 0.08%             | 2033-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XLF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      491629 | PA      | $462106.37    | 0.04%             | 2052-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Booking Holdings, Inc.                                                            | Booking Holdings, Inc.                                                                         | CUSIP: 09857LBJ6<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |      470000 | PA      | $552714.61    | 0.05%             | 2038-05-09      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Shelter Growth CRE Issuer Ltd.                                                    | Shelter Growth CRE Issuer Ltd., Series 2021-FL3, Class C                                       | CUSIP: 822866AG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1212000 | PA      | $1211393.27   | 0.12%             | 2036-09-15      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Danske Bank A/S                                                                   | Danske Bank A/S                                                                                | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | DBT              | CORP              | DK        |     1510000 | PA      | $1773685.45   | 0.17%             | 2033-05-26      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138EHGM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       14573 | PA      | $14189.68     | 0.00%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                              | U.K. Treasury                                                                                  | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     7255000 | PA      | $4851137.69   | 0.47%             | 2047-07-22      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Canada                                                                            | Canada Government Bond                                                                         | CUSIP: 135087M27<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     8376000 | PA      | $5610489.80   | 0.54%             | 2031-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Republic of Italy                                                                 | Buoni Poliennali del Tesoro                                                                    | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |    11117000 | PA      | $10574855.27  | 1.02%             | 2036-03-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-4157.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $21232.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                                         | Corebridge Global Funding                                                                      | CUSIP: 00138CBH0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |      978000 | PA      | $980827.31    | 0.09%             | 2032-08-21      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| COPT Defense Properties LP                                                        | COPT Defense Properties LP                                                                     | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |      841000 | PA      | $829117.21    | 0.08%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWF65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       27816 | PA      | $28099.64     | 0.00%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA, Inc.                                                                         | HCA, Inc.                                                                                      | CUSIP: 404121AK1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |      125000 | PA      | $126601.71    | 0.01%             | 2034-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                              | JPMorgan Chase & Co.                                                                           | CUSIP: 46647PCE4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      352000 | PA      | $243537.43    | 0.02%             | 2052-04-22      | Variable      | 3.33%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings, Inc.                                                          | RB Global Holdings, Inc.                                                                       | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     2117000 | PA      | $2221567.10   | 0.21%             | 2031-03-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Enel Finance International NV                                                     | Enel Finance International NV                                                                  | CUSIP: N/A<br>LEI: 0YQH6LCEF474UTUV4B96       | Long             | DBT              | CORP              | NL        |      650000 | PA      | $739477.83    | 0.07%             | 2036-02-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Japan                                                                             | Japan Government Bond                                                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  1076000000 | PA      | $7280819.84   | 0.70%             | 2030-03-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                 | Wells Fargo & Co.                                                                              | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      365000 | PA      | $377042.94    | 0.04%             | 2031-01-24      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                                                   | Plains All American Pipeline LP                                                                | CUSIP: 72650RBP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      734000 | PA      | $748742.85    | 0.07%             | 2034-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2855.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                  | Bonos de la Tesoreria                                                                          | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |    25879000 | PA      | $7612106.81   | 0.74%             | 2035-08-12      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $24553.99     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $24586.79     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133BF4T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      468308 | PA      | $451735.81    | 0.04%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ferguson Enterprises, Inc.                                                        | Ferguson Enterprises, Inc.                                                                     | CUSIP: 31488VAA5<br>LEI: 2138003JYQMRP3SLX189 | Long             | DBT              | CORP              | US        |      774000 | PA      | $766262.55    | 0.07%             | 2034-10-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | FNMA, Series 2020-65, Class EI                                                                 | CUSIP: 3136BBTT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1443151 | PA      | $282242.18    | 0.03%             | 2050-09-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | U.S. Treasury 10 Year Ultra Note                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          68 | NC      | $22405.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $11065.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EQT Trust                                                                         | EQT Trust, Series 2024-EXTR, Class B                                                           | CUSIP: 29439DAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      606933 | PA      | $619033.97    | 0.06%             | 2041-07-05      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Eagle Funding Luxco Sarl                                                          | Eagle Funding Luxco Sarl                                                                       | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |      769000 | PA      | $779842.90    | 0.08%             | 2030-08-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| APA Infrastructure Ltd.                                                           | APA Infrastructure Ltd.                                                                        | CUSIP: N/A<br>LEI: 261700SS8OEHDOCOUJ33       | Long             | DBT              | CORP              | AU        |     1050000 | PA      | $1041808.14   | 0.10%             | 2036-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $8713.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-22016.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1352.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140K8RB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      167464 | PA      | $140872.53    | 0.01%             | 2050-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                             | Bank of America Corp.                                                                          | CUSIP: 06051GMB2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      896000 | PA      | $901871.52    | 0.09%             | 2035-08-15      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Bermuda                                                                           | Bermuda Government Bond                                                                        | CUSIP: 085209AJ3<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |     1933000 | PA      | $1947284.87   | 0.19%             | 2032-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                                             | Las Vegas Sands Corp.                                                                          | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     1355000 | PA      | $1306909.83   | 0.13%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AIB Group plc                                                                     | AIB Group plc                                                                                  | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | DBT              | CORP              | IE        |     1570000 | PA      | $1862405.44   | 0.18%             | 2033-03-20      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K131, Class XAM                 | CUSIP: 3137H2NA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     5068698 | PA      | $248982.56    | 0.02%             | 2031-07-25      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                        | Occidental Petroleum Corp.                                                                     | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      777000 | PA      | $803759.88    | 0.08%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Jersey Central Power & Light Co.                                                  | Jersey Central Power & Light Co.                                                               | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |      294000 | PA      | $261066.46    | 0.03%             | 2032-03-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Brown & Brown, Inc.                                                               | Brown & Brown, Inc.                                                                            | CUSIP: 115236AL5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |      164000 | PA      | $167636.36    | 0.02%             | 2032-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials, Inc.                                               | Foundation Building Materials, Inc.                                                            | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |     1854000 | PA      | $1874514.51   | 0.18%             | 2029-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BPCE SA                                                                           | BPCE SA                                                                                        | CUSIP: N/A<br>LEI: 9695005MSX1OYEMGDF46       | Long             | DBT              | CORP              | FR        |      900000 | PA      | $1038074.85   | 0.10%             | 2036-02-26      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| News Corp.                                                                        | News Corp.                                                                                     | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     1156000 | PA      | $1116289.20   | 0.11%             | 2029-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Low Income Investment Fund                                                        | Low Income Investment Fund, Series 2019                                                        | CUSIP: 54750AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      840000 | PA      | $798604.66    | 0.08%             | 2029-07-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Australia                                                         | Commonwealth of Australia                                                                      | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    22409000 | PA      | $12635268.53  | 1.22%             | 2032-11-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Viking Ocean Cruises Ship VII Ltd.                                                | Viking Ocean Cruises Ship VII Ltd.                                                             | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     2236000 | PA      | $2234493.83   | 0.22%             | 2029-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| BP Capital Markets BV                                                             | BP Capital Markets BV                                                                          | CUSIP: N/A<br>LEI: 7245003VD7E4T30HJD24       | Long             | DBT              | CORP              | NL        |      760000 | PA      | $562682.95    | 0.05%             | 2040-12-04      | Fixed         | 0.93%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K114, Class XAM                 | CUSIP: 3137FVNL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3170959 | PA      | $179430.93    | 0.02%             | 2030-06-25      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| Volkswagen International Finance NV                                               | Volkswagen International Finance NV                                                            | CUSIP: N/A<br>LEI: 5299004PWNHKYTR23649       | Long             | DBT              | CORP              | NL        |      500000 | PA      | $604710.23    | 0.06%             | 2033-11-15      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                                                   | Microsoft Corp.                                                                                | CUSIP: 594918CC6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      515000 | PA      | $314831.94    | 0.03%             | 2050-06-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                                      | BX Commercial Mortgage Trust, Series 2024-PURE, Class A                                        | CUSIP: 74625PAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1959731 | PA      | $1441534.28   | 0.14%             | 2041-11-15      | Floating      | 4.66%                 | Yes           |                  2 | On Loan: No      |
| Kingdom of Spain                                                                  | Bonos and Obligaciones del Estado                                                              | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |     4823000 | PA      | $5590963.12   | 0.54%             | 2035-04-30      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| Bruce Power LP                                                                    | Bruce Power LP, Series 21-1                                                                    | CUSIP: 116705AK0<br>LEI: 549300R8DACS3G0K8262 | Long             | DBT              | CORP              | CA        |      557000 | PA      | $397182.15    | 0.04%             | 2028-12-21      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide, Inc.                                              | Anheuser-Busch InBev Worldwide, Inc.                                                           | CUSIP: 03523TBV9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |      697000 | PA      | $684937.67    | 0.07%             | 2049-01-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PPL Electric Utilities Corp.                                                      | PPL Electric Utilities Corp.                                                                   | CUSIP: 69351UBB8<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |      917000 | PA      | $868887.97    | 0.08%             | 2053-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO Ltd.                                                      | Bain Capital Credit CLO Ltd., Series 2021-7A, Class BR                                         | CUSIP: 05682NAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     3802743 | PA      | $3793909.23   | 0.37%             | 2035-01-22      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-310.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1769.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COLT Mortgage Loan Trust                                                          | COLT Mortgage Loan Trust, Series 2024-1, Class A1                                              | CUSIP: 19688TAA3<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |      888503 | PA      | $894325.36    | 0.09%             | 2069-02-25      | Variable      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| CaixaBank SA                                                                      | CaixaBank SA                                                                                   | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | DBT              | CORP              | ES        |      600000 | PA      | $697973.14    | 0.07%             | 2036-01-27      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                                                     | Entergy Corp.                                                                                  | CUSIP: 29364GAM5<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     1184000 | PA      | $1182435.59   | 0.11%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | IRS                                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    17300000 | PA      | $-19685.86    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ELM Trust                                                                         | ELM Trust, Series 2024-ELM, Class D10                                                          | CUSIP: 26860XBE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      100000 | PA      | $100520.51    | 0.01%             | 2039-06-10      | Variable      | 6.85%                 | Yes           |                  2 | On Loan: No      |
| Stellantis NV                                                                     | Stellantis NV                                                                                  | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | DBT              | CORP              | NL        |      940000 | PA      | $1076033.50   | 0.10%             | 2035-06-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                           | Eni SpA                                                                                        | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | DBT              | CORP              | IT        |     1160000 | PA      | $1377444.61   | 0.13%             | 2034-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Japan                                                                             | Japan Government Bond                                                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  2456300000 | PA      | $12968555.30  | 1.25%             | 2039-12-20      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K122, Class XAM                 | CUSIP: 3137F84L4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3948102 | PA      | $195832.57    | 0.02%             | 2030-11-25      | Variable      | 1.17%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XKH78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       34421 | PA      | $31326.61     | 0.00%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                                      | Pacific Gas and Electric Co.                                                                   | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |      245000 | PA      | $255653.96    | 0.02%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Aeroporti di Roma SpA                                                             | Aeroporti di Roma SpA                                                                          | CUSIP: N/A<br>LEI: 8156007259ABDEA3F444       | Long             | DBT              | CORP              | IT        |      870000 | PA      | $1020163.53   | 0.10%             | 2032-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $34722.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HCA, Inc.                                                                         | HCA, Inc.                                                                                      | CUSIP: 404119BY4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |      673000 | PA      | $634853.19    | 0.06%             | 2039-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Ontario Teachers' Cadillac Fairview Properties Trust                              | Ontario Teachers' Cadillac Fairview Properties Trust                                           | CUSIP: 68327LAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      878000 | PA      | $780427.85    | 0.08%             | 2031-10-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-4565.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1942.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $70360.64     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                                               | Deutsche Telekom AG                                                                            | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | DBT              | CORP              | DE        |      450000 | PA      | $486846.91    | 0.05%             | 2045-02-03      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Humana, Inc.                                                                      | Humana, Inc.                                                                                   | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     1076000 | PA      | $1087975.96   | 0.11%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Glencore Capital Finance DAC                                                      | Glencore Capital Finance DAC                                                                   | CUSIP: N/A<br>LEI: 213800HCUCI1HC7X6Q34       | Long             | DBT              | CORP              | IE        |      960000 | PA      | $1133955.65   | 0.11%             | 2032-02-04      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Kenvue, Inc.                                                                      | Kenvue, Inc.                                                                                   | CUSIP: 49177JAP7<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |      696000 | PA      | $635816.19    | 0.06%             | 2053-03-22      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Primo Water Holdings, Inc.                                                        | Primo Water Holdings, Inc.                                                                     | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2136000 | PA      | $2065088.71   | 0.20%             | 2029-04-30      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Pinnacle Bidco plc                                                                | Pinnacle Bidco plc                                                                             | CUSIP: N/A<br>LEI: 2138006Z5V8OBL2A2Q06       | Long             | DBT              | CORP              | GB        |     1619000 | PA      | $2311176.99   | 0.22%             | 2028-10-11      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1865.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-126369.28   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Chile Electricity Lux Mpc II Sarl                                                 | Chile Electricity Lux Mpc II Sarl                                                              | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | NUSS              | LU        |      494618 | PA      | $499613.17    | 0.05%             | 2035-10-20      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140QMAL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      104386 | PA      | $90469.74     | 0.01%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Odido Group Holding BV                                                            | Odido Group Holding BV                                                                         | CUSIP: N/A<br>LEI: 724500FOAL1MNGOJKP07       | Long             | DBT              | CORP              | NL        |     1410000 | PA      | $1656575.65   | 0.16%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Volkswagen Bank GmbH                                                              | Volkswagen Bank GmbH                                                                           | CUSIP: N/A<br>LEI: 529900GJD3OQLRZCKW37       | Long             | DBT              | CORP              | DE        |      900000 | PA      | $1052206.34   | 0.10%             | 2031-06-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-77316.35    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $7975.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux Sarl                                                          | JBS USA Holding Lux Sarl                                                                       | CUSIP: 472140AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1064000 | PA      | $1067510.60   | 0.10%             | 2036-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                          | U.S. Treasury Bonds                                                                            | CUSIP: 912810TV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     8769000 | PA      | $8524427.15   | 0.82%             | 2053-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                              | Charter Communications Operating LLC                                                           | CUSIP: 161175CS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      611000 | PA      | $612079.24    | 0.06%             | 2035-12-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Uzbek Industrial and Construction Bank ATB                                        | Uzbek Industrial and Construction Bank ATB                                                     | CUSIP: 917935AA6<br>LEI: 213800C2NIFPFTXYIU69 | Long             | DBT              | CORP              | UZ        |      992000 | PA      | $1060976.26   | 0.10%             | 2029-07-24      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: No      |
| APA Infrastructure Ltd.                                                           | APA Infrastructure Ltd.                                                                        | CUSIP: 00188LAA5<br>LEI: 261700SS8OEHDOCOUJ33 | Long             | DBT              | CORP              | AU        |      768000 | PA      | $769687.07    | 0.07%             | 2034-09-16      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                     | Massachusetts Educational Financing Authority                                                  | CUSIP: 57563RSU4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     2075000 | PA      | $2020407.37   | 0.20%             | 2038-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                               | International Bank for Reconstruction & Development                                            | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              | NUSS              | GB        |     5200000 | PA      | $6996734.73   | 0.68%             | 2030-10-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $6858.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Boston Gas Co.                                                                    | Boston Gas Co.                                                                                 | CUSIP: 100743AP8<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |     1162000 | PA      | $1218330.39   | 0.12%             | 2035-01-10      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA                                       | Powszechna Kasa Oszczednosci Bank Polski SA                                                    | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | DBT              | CORP              | PL        |      750000 | PA      | $887306.46    | 0.09%             | 2027-09-12      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EDC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      352259 | PA      | $292611.01    | 0.03%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Maya SAS                                                                          | Maya SAS                                                                                       | CUSIP: N/A<br>LEI: 9695009PXA7OI9NXN582       | Long             | DBT              | CORP              | FR        |     1293000 | PA      | $1599330.23   | 0.15%             | 2031-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                                      | UBS Group AG                                                                                   | CUSIP: 902613BQ0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      270000 | PA      | $277655.06    | 0.03%             | 2036-05-09      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth of Australia                                                         | Commonwealth of Australia                                                                      | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |     8173000 | PA      | $4218346.78   | 0.41%             | 2041-05-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                                                                | Koninklijke KPN NV                                                                             | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | DBT              | CORP              | NL        |      700000 | PA      | $800424.87    | 0.08%             | 2035-02-17      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $11138.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mong Duong Finance Holdings BV                                                    | Mong Duong Finance Holdings BV                                                                 | CUSIP: N/A<br>LEI: 549300995KGQFMWSV879       | Long             | DBT              | CORP              | NL        |           1 | PA      | $0.50         | 0.00%             | 2029-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| KeHE Distributors LLC                                                             | KeHE Distributors LLC                                                                          | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2011000 | PA      | $2117017.91   | 0.20%             | 2029-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Federative Republic of Brazil                                                     | Notas do Tesouro Nacional                                                                      | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |    63900000 | PA      | $9532226.24   | 0.92%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                 | Wells Fargo & Co.                                                                              | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      657000 | PA      | $649994.86    | 0.06%             | 2028-03-24      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1123.86      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                                                | Macquarie Airfinance Holdings Ltd.                                                             | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      366000 | PA      | $370116.40    | 0.04%             | 2030-03-17      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| E.ON International Finance BV                                                     | E.ON International Finance BV                                                                  | CUSIP: N/A<br>LEI: 549300TG53AWJ719M814       | Long             | DBT              | CORP              | NL        |     1590000 | PA      | $1840066.92   | 0.18%             | 2035-09-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133KPFP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      837793 | PA      | $726685.71    | 0.07%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer Ltd.                                                                 | BSPRT Issuer Ltd., Series 2021-FL7, Class B                                                    | CUSIP: 05602CAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      632000 | PA      | $631747.20    | 0.06%             | 2038-12-15      | Floating      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Sage Group plc (The)                                                              | Sage Group plc (The)                                                                           | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | DBT              | CORP              | GB        |      614000 | PA      | $685663.41    | 0.07%             | 2034-02-08      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC                                                                                          | CUSIP: 3128M9BH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      223779 | PA      | $228358.26    | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-3643.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-81822.94    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWMB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      358069 | PA      | $366026.93    | 0.04%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133CDEF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       34279 | PA      | $35083.29     | 0.00%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140KFYV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       44677 | PA      | $38075.63     | 0.00%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Richemont International Holding SA                                                | Richemont International Holding SA                                                             | CUSIP: N/A<br>LEI: 549300V9893NUQX6X069       | Long             | DBT              | CORP              | LU        |      530000 | PA      | $462252.44    | 0.04%             | 2040-05-26      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $44402.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                               | Petroleos Mexicanos                                                                            | CUSIP: 71654QDP4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |      748000 | PA      | $837559.54    | 0.08%             | 2033-02-07      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                                                      | Tallgrass Energy Partners LP                                                                   | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2472000 | PA      | $2547010.37   | 0.25%             | 2029-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Cathedral Lake VI Ltd.                                                            | Cathedral Lake VI Ltd., Series 2021-6A, Class BR                                               | CUSIP: 14919LAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1783838 | PA      | $1783809.46   | 0.17%             | 2034-04-25      | Floating      | 6.11%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     4338647 | PA      | $3766949.88   | 0.36%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | U.S. Treasury 2 Year Note                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         246 | NC      | $61062.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1690.19      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $10693.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV                                                                 | CNH Industrial NV                                                                              | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | DBT              | CORP              | NL        |     1330000 | PA      | $1537120.89   | 0.15%             | 2035-09-03      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Romania                                                                           | Romania Government Bond                                                                        | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     2014000 | PA      | $2020818.18   | 0.20%             | 2034-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-9121.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Low Income Investment Fund                                                        | Low Income Investment Fund, Series 2019                                                        | CUSIP: 54750AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      310000 | PA      | $305191.75    | 0.03%             | 2026-07-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                          | Venture Global LNG, Inc.                                                                       | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     1636000 | PA      | $1716455.21   | 0.17%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                | T-Mobile USA, Inc.                                                                             | CUSIP: 87264ADC6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      646000 | PA      | $678375.73    | 0.07%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Severn Trent Utilities Finance plc                                                | Severn Trent Utilities Finance plc                                                             | CUSIP: N/A<br>LEI: 213800KY9PT6WBH33232       | Long             | DBT              | CORP              | GB        |      710000 | PA      | $830348.89    | 0.08%             | 2035-08-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                    | Morgan Stanley                                                                                 | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     1682000 | PA      | $1627441.98   | 0.16%             | 2031-04-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Canada 10 Year Bond                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |          91 | NC      | $32252.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DQYN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      160403 | PA      | $133560.66    | 0.01%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nestle Finance International Ltd.                                                 | Nestle Finance International Ltd.                                                              | CUSIP: N/A<br>LEI: 0KLLMNHINTFDRMU6DI05       | Long             | DBT              | CORP              | LU        |      590000 | PA      | $656234.38    | 0.06%             | 2045-01-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                                                 | Alliant Holdings Intermediate LLC                                                              | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2318000 | PA      | $2369519.87   | 0.23%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Energy Transfer LP                                                                | Energy Transfer LP                                                                             | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      738000 | PA      | $690998.43    | 0.07%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Aviva plc                                                                         | Aviva plc                                                                                      | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | DBT              | CORP              | GB        |     1090000 | PA      | $1296855.79   | 0.13%             | 2056-08-28      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| FORT CRE Issuer LLC                                                               | FORT CRE Issuer LLC, Series 2022-FL3, Class AS                                                 | CUSIP: 34706CAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      680411 | PA      | $679586.55    | 0.07%             | 2039-02-23      | Floating      | 6.60%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DP3T3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      481425 | PA      | $449397.13    | 0.04%             | 2053-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                             | Republic of Indonesia                                                                          | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 49000000000 | PA      | $3077075.20   | 0.30%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Republic of Italy                                                                 | Buoni Poliennali del Tesoro                                                                    | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |     4289000 | PA      | $4830249.83   | 0.47%             | 2054-10-01      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140Q8AF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      112858 | PA      | $104568.60    | 0.01%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hellenic Republic                                                                 | Hellenic Republic                                                                              | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |     3979000 | PA      | $4480794.25   | 0.43%             | 2054-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CNX Resources Corp.                                                               | CNX Resources Corp.                                                                            | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     1654000 | PA      | $1716266.48   | 0.17%             | 2032-03-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DSBY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       70378 | PA      | $65797.61     | 0.01%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MF1 Ltd.                                                                          | MF1 Ltd., Series 2021-FL6, Class B                                                             | CUSIP: 55283TAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     3800000 | PA      | $3790374.60   | 0.37%             | 2036-07-16      | Floating      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Commerzbank AG                                                                    | Commerzbank AG                                                                                 | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | DBT              | CORP              | DE        |      600000 | PA      | $701776.30    | 0.07%             | 2034-06-06      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-48381.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Northern States Power Co.                                                         | Northern States Power Co.                                                                      | CUSIP: 665772CZ0<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |      721000 | PA      | $728758.82    | 0.07%             | 2035-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Japan                                                                             | Japan Government Bond                                                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  2150000000 | PA      | $8214051.92   | 0.79%             | 2050-03-20      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-72947.74    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133BSGV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      226392 | PA      | $235024.20    | 0.02%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWFS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      825062 | PA      | $834506.61    | 0.08%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Engie Energia Chile SA                                                            | Engie Energia Chile SA                                                                         | CUSIP: 29287TAB5<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |      239000 | PA      | $251168.92    | 0.02%             | 2034-04-17      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Czech Republic                                                                    | Czech Republic                                                                                 | CUSIP: N/A<br>LEI: 3157007EFDLQABN47912       | Long             | DBT              | NUSS              | CZ        |   152000000 | PA      | $7651821.19   | 0.74%             | 2030-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rossini Sarl                                                                      | Rossini Sarl                                                                                   | CUSIP: N/A<br>LEI: 549300EC5JCCW6F83R11       | Long             | DBT              | CORP              | LU        |     1619000 | PA      | $1997609.04   | 0.19%             | 2029-12-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140QKQL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       86073 | PA      | $72139.38     | 0.01%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SPP-Distribucia A/S                                                               | SPP-Distribucia A/S                                                                            | CUSIP: N/A<br>LEI: 213800AGL5LRVQNANS48       | Long             | DBT              | CORP              | SK        |     1830000 | PA      | $1864266.14   | 0.18%             | 2031-06-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                             | Bank of America Corp.                                                                          | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      874000 | PA      | $792880.68    | 0.08%             | 2032-04-22      | Variable      | 2.69%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140KHW31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       61394 | PA      | $52319.20     | 0.01%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| National Grid North America, Inc.                                                 | National Grid North America, Inc.                                                              | CUSIP: N/A<br>LEI: 5Q3U0WRKWZZGRMPYFT08       | Long             | DBT              | CORP              | US        |      840000 | PA      | $987228.80    | 0.10%             | 2035-06-03      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                  | Republic of Peru                                                                               | CUSIP: 715638EB4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     1561000 | PA      | $1578764.18   | 0.15%             | 2035-02-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $14137.30     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                                    | Opal Bidco SAS                                                                                 | CUSIP: N/A<br>LEI: 969500R96XT7XY2UJ564       | Long             | DBT              | CORP              | FR        |     1489000 | PA      | $1801563.77   | 0.17%             | 2032-03-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BANK                                                                              | BANK, Series 2021-BN35, Class XA                                                               | CUSIP: 06540CBL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9358982 | PA      | $404442.80    | 0.04%             | 2064-06-15      | Variable      | 1.13%                 | No            |                  2 | On Loan: No      |
| Apple, Inc.                                                                       | Apple, Inc.                                                                                    | CUSIP: 037833BW9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |      626000 | PA      | $628427.58    | 0.06%             | 2036-02-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Norway                                                                 | Norway Government Bond                                                                         | CUSIP: N/A<br>LEI: 549300L0BT3FJTN9MX24       | Long             | DBT              | NUSS              | NO        |    80733000 | PA      | $7896750.84   | 0.76%             | 2035-06-12      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140MKJB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       60148 | PA      | $52195.36     | 0.01%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                              | Boston Properties LP                                                                           | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |      380000 | PA      | $373385.08    | 0.04%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | U.S. Treasury 10 Year Note                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         260 | NC      | $114818.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.                                    | Arbor Realty Commercial Real Estate Notes Ltd., Series 2022-FL1, Class D                       | CUSIP: 03880XAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2400000 | PA      | $2394185.45   | 0.23%             | 2037-01-15      | Floating      | 7.34%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138W9A75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        9847 | PA      | $9502.69      | 0.00%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nexi SpA                                                                          | Nexi SpA                                                                                       | CUSIP: N/A<br>LEI: 5493000P70CQRQG8SN85       | Long             | DBT              | CORP              | IT        |      500000 | PA      | $592258.58    | 0.06%             | 2031-05-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating LLC                                                   | Permian Resources Operating LLC                                                                | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     2057000 | PA      | $2132718.17   | 0.21%             | 2032-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Prysmian SpA                                                                      | Prysmian SpA                                                                                   | CUSIP: N/A<br>LEI: 529900X0H1IO3RS1A464       | Long             | DBT              | CORP              | IT        |      700000 | PA      | $835356.93    | 0.08%             | 2028-11-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $24272.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux SARL                                                          | JBS USA Holding Lux SARL                                                                       | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      542000 | PA      | $499543.73    | 0.05%             | 2032-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                                                | Macquarie Airfinance Holdings Ltd.                                                             | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      390000 | PA      | $417128.01    | 0.04%             | 2031-03-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Accenture Capital, Inc.                                                           | Accenture Capital, Inc.                                                                        | CUSIP: 00440KAC7<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |      506000 | PA      | $504380.65    | 0.05%             | 2031-10-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Azorra Finance Ltd.                                                               | Azorra Finance Ltd.                                                                            | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |     2123000 | PA      | $2228685.06   | 0.22%             | 2030-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                | LPL Holdings, Inc.                                                                             | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |      324000 | PA      | $327482.56    | 0.03%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Heathrow Funding Ltd.                                                             | Heathrow Funding Ltd.                                                                          | CUSIP: N/A<br>LEI: 7TI96JO3DYEIQWZ7Z726       | Long             | DBT              | CORP              | JE        |      860000 | PA      | $996353.44    | 0.10%             | 2036-01-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-74617.04    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XHU3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      406184 | PA      | $346441.55    | 0.03%             | 2052-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWJM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      693205 | PA      | $709176.10    | 0.07%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                                   | Eli Lilly & Co.                                                                                | CUSIP: 532457CY2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |      507000 | PA      | $499947.71    | 0.05%             | 2055-02-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC                                                                                          | CUSIP: 31335ALX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      296496 | PA      | $296593.09    | 0.03%             | 2042-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $710.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                             | Bank of America Corp.                                                                          | CUSIP: 06051GLG2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      268000 | PA      | $274798.13    | 0.03%             | 2029-04-25      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA, Series 2025-97, Class SC                                                                 | CUSIP: 38385G5H8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1396808 | PA      | $1381609.86   | 0.13%             | 2055-06-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                    | Morgan Stanley Capital I Trust, Series 2021-L5, Class XA                                       | CUSIP: 61691YAP6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     5595824 | PA      | $258288.70    | 0.02%             | 2054-05-15      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| Kroger Co. (The)                                                                  | Kroger Co. (The)                                                                               | CUSIP: 501044DW8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |      698000 | PA      | $653570.12    | 0.06%             | 2054-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Japan                                                                             | Japan Government Bond                                                                          | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |   609000000 | PA      | $3573396.75   | 0.35%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                            | HUB International Ltd.                                                                         | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     1933000 | PA      | $2021867.74   | 0.20%             | 2030-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2389.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp.                                         | Westinghouse Air Brake Technologies Corp.                                                      | CUSIP: 960386AR1<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |      465000 | PA      | $482595.57    | 0.05%             | 2034-03-11      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XDA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      331510 | PA      | $283689.10    | 0.03%             | 2052-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                                                           | CF Hippolyta Issuer LLC, Series 2020-1, Class A1                                               | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      380466 | PA      | $329423.98    | 0.03%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWC76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      707037 | PA      | $589768.00    | 0.06%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $33605.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | U.S. Treasury 5 Year Note                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         346 | NC      | $85444.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Health Services, Inc.                                                   | Concentra Health Services, Inc.                                                                | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |     2123000 | PA      | $2200816.44   | 0.21%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| NBN Co. Ltd.                                                                      | NBN Co. Ltd.                                                                                   | CUSIP: N/A<br>LEI: 2549007CRZ2NT7S96A24       | Long             | DBT              | NUSS              | AU        |     1140000 | PA      | $1366886.69   | 0.13%             | 2034-03-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ACREC Ltd.                                                                        | ACREC Ltd., Series 2021-FL1, Class C                                                           | CUSIP: 00500RAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     2557500 | PA      | $2558374.15   | 0.25%             | 2036-10-16      | Floating      | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                                         | Nippon Life Insurance Co.                                                                      | CUSIP: N/A<br>LEI: 549300Y0HHMFW3EVWY08       | Long             | DBT              | CORP              | JP        |      350000 | PA      | $410639.76    | 0.04%             | 2055-01-23      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                       | Federal Republic of Nigeria                                                                    | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |     1168000 | PA      | $1152837.85   | 0.11%             | 2032-02-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Comstock Resources, Inc.                                                          | Comstock Resources, Inc.                                                                       | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     1894000 | PA      | $1867191.00   | 0.18%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Xcel Energy, Inc.                                                                 | Xcel Energy, Inc.                                                                              | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |       87000 | PA      | $88934.27     | 0.01%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Shurgard Luxembourg Sarl                                                          | Shurgard Luxembourg Sarl                                                                       | CUSIP: N/A<br>LEI: 54930064DJ4U15OBV665       | Long             | DBT              | CORP              | LU        |     1100000 | PA      | $1256445.93   | 0.12%             | 2034-10-22      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Legal & General Group plc                                                         | Legal & General Group plc                                                                      | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | DBT              | CORP              | GB        |      550000 | PA      | $639719.45    | 0.06%             | 2055-09-04      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | IRS                                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CN        |   206200000 | PA      | $60637.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                | T-Mobile USA, Inc.                                                                             | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      657000 | PA      | $643526.12    | 0.06%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XHSX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      934124 | PA      | $813371.87    | 0.08%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                                                 | NTT Finance Corp.                                                                              | CUSIP: 62954WAU9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |     1128000 | PA      | $1149276.10   | 0.11%             | 2032-07-16      | Fixed         | 5.17%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-92282.35    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                             | Republic of Indonesia                                                                          | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 57015000000 | PA      | $3490784.73   | 0.34%             | 2036-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DQYM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       70503 | PA      | $58565.08     | 0.01%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                      | UBS Group AG                                                                                   | CUSIP: 902613BS6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      537000 | PA      | $541308.60    | 0.05%             | 2035-02-05      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                           | Duke Energy Florida LLC                                                                        | CUSIP: 26444HAR2<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     1040000 | PA      | $1102554.12   | 0.11%             | 2053-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Hellenic Republic                                                                 | Hellenic Republic                                                                              | CUSIP: N/A<br>LEI: 2138003EKTMKZ5598902       | Long             | DBT              | NUSS              | GR        |    15569000 | PA      | $18538767.89  | 1.79%             | 2035-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Republic of Guatemala                                                             | Republic of Guatemala                                                                          | CUSIP: 401494AY5<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     1545000 | PA      | $1597530.00   | 0.15%             | 2031-08-06      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-335.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| 888 Acquisitions Ltd.                                                             | 888 Acquisitions Ltd.                                                                          | CUSIP: N/A<br>LEI: 254900RFD0BP3JOPZU89       | Long             | DBT              | CORP              | GI        |     1325000 | PA      | $1852272.93   | 0.18%             | 2030-05-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1227.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2077.15     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd.                                                   | Fairfax Financial Holdings Ltd.                                                                | CUSIP: 303901BR2<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |      872000 | PA      | $888352.59    | 0.09%             | 2054-03-22      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets plc                                                            | BP Capital Markets plc                                                                         | CUSIP: N/A<br>LEI: 549300CRVT18MXX0AG93       | Long             | DBT              | CORP              | GB        |      880000 | PA      | $1206069.97   | 0.12%             | 2029-11-19      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Logicor Financing Sarl                                                            | Logicor Financing Sarl                                                                         | CUSIP: N/A<br>LEI: 254900IS16Q1A2TQFN22       | Long             | DBT              | CORP              | LU        |      950000 | PA      | $1100878.01   | 0.11%             | 2032-07-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-7242.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group plc                                                                 | NatWest Group plc                                                                              | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | DBT              | CORP              | GB        |     1680000 | PA      | $1959885.55   | 0.19%             | 2034-09-03      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                  | Boeing Co. (The)                                                                               | CUSIP: 097023DR3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      278000 | PA      | $301927.44    | 0.03%             | 2031-05-01      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                    | BNP Paribas SA                                                                                 | CUSIP: 09659W2Z6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |      994000 | PA      | $1018183.30   | 0.10%             | 2030-11-19      | Variable      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Edge Finco plc                                                                    | Edge Finco plc                                                                                 | CUSIP: N/A<br>LEI: 648835NI8LJE5190NT73       | Long             | DBT              | CORP              | GB        |     1614000 | PA      | $2314970.78   | 0.22%             | 2031-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K738, Class XAM                 | CUSIP: 3137FTFW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1517000 | PA      | $28674.49     | 0.00%             | 2027-03-25      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                        | Michigan Finance Authority                                                                     | CUSIP: 59447TXX6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     1040000 | PA      | $868702.43    | 0.08%             | 2040-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Maxam Prill Sarl                                                                  | Maxam Prill Sarl                                                                               | CUSIP: N/A<br>LEI: 984500C4C5B820A6B691       | Long             | DBT              | CORP              | LU        |     1590000 | PA      | $1811622.91   | 0.18%             | 2030-07-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC                                                    | Anywhere Real Estate Group LLC                                                                 | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      942000 | PA      | $872781.56    | 0.08%             | 2029-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Enel SpA                                                                          | Enel SpA                                                                                       | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | DBT              | CORP              | IT        |      680000 | PA      | $797667.27    | 0.08%             | 2032-10-14      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DNXJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      284291 | PA      | $237006.99    | 0.02%             | 2052-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                                                      | Fiserv, Inc.                                                                                   | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     1046000 | PA      | $836427.17    | 0.08%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Enel Finance International NV                                                     | Enel Finance International NV                                                                  | CUSIP: 29278GAY4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |      299000 | PA      | $277059.40    | 0.03%             | 2052-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| People's Republic of China                                                        | People's Republic of China                                                                     | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |    30500000 | PA      | $4430175.94   | 0.43%             | 2034-05-25      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| AbbVie, Inc.                                                                      | AbbVie, Inc.                                                                                   | CUSIP: 00287YDW6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      611000 | PA      | $586369.53    | 0.06%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Baffinland Iron Mines Corp.                                                       | Baffinland Iron Mines Corp.                                                                    | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     1284000 | PA      | $1202446.10   | 0.12%             | 2026-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Booking Holdings, Inc.                                                            | Booking Holdings, Inc.                                                                         | CUSIP: 09857LBE7<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |      810000 | PA      | $940823.32    | 0.09%             | 2032-11-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWC68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     5779071 | PA      | $4605766.57   | 0.45%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | FNMA, Series 2024-88, Class FC                                                                 | CUSIP: 3136BT7D9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1367799 | PA      | $1378319.02   | 0.13%             | 2054-12-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                          | PNC Financial Services Group, Inc. (The)                                                       | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      791000 | PA      | $816541.26    | 0.08%             | 2036-01-29      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K118, Class XAM                 | CUSIP: 3137F62R7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1901519 | PA      | $98448.67     | 0.01%             | 2030-09-25      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| Smurfit Kappa Treasury Funding DAC                                                | Smurfit Kappa Treasury Funding DAC                                                             | CUSIP: 832724AB4<br>LEI: 635400DTNR8KCJUMW380 | Long             | DBT              | CORP              | IE        |      740000 | PA      | $743328.34    | 0.07%             | 2025-11-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                                                    | M&T Bank Corp.                                                                                 | CUSIP: 55261FAT1<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |     1189000 | PA      | $1262332.25   | 0.12%             | 2032-03-13      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Oman Government International Bond                                                | Sultanate of Oman Government Bond                                                              | CUSIP: N/A<br>LEI: 549300SZ20F0QTKNQC75       | Long             | DBT              | NUSS              | OM        |     2550000 | PA      | $2806559.89   | 0.27%             | 2051-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Kingdom of Spain                                                                  | Bonos and Obligaciones del Estado                                                              | CUSIP: N/A<br>LEI: 9598007A56S18711AH60       | Long             | DBT              | NUSS              | ES        |    10288000 | PA      | $12317090.56  | 1.19%             | 2039-07-30      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                                     | Clearway Energy Operating LLC                                                                  | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     2382000 | PA      | $2190978.61   | 0.21%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2868.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                              | JPMorgan Chase & Co.                                                                           | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      739000 | PA      | $771515.87    | 0.07%             | 2030-04-22      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                                       | MF1 Multifamily Housing Mortgage Loan Trust, Series 2021-FL5, Class C                          | CUSIP: 55282XAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      645000 | PA      | $645010.97    | 0.06%             | 2036-07-15      | Floating      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | IRS                                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CN        |    79700000 | PA      | $-51709.53    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140JPLF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      121442 | PA      | $112703.52    | 0.01%             | 2049-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XHHS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      937274 | PA      | $749170.26    | 0.07%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2641.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133BAFE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      219401 | PA      | $191829.66    | 0.02%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-17804.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC, Series 5500, Class FE                                                                   | CUSIP: 3137HJAS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1410826 | PA      | $1421690.68   | 0.14%             | 2055-02-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179X2K1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1070437 | PA      | $1062936.33   | 0.10%             | 2053-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alliander NV                                                                      | Alliander NV                                                                                   | CUSIP: N/A<br>LEI: 724500XBZ9QOPTI11U82       | Long             | DBT              | CORP              | NL        |      620000 | PA      | $718532.05    | 0.07%             | 2037-05-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Humana, Inc.                                                                      | Humana, Inc.                                                                                   | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |      404000 | PA      | $416984.41    | 0.04%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $10259.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mastercard, Inc.                                                                  | Mastercard, Inc.                                                                               | CUSIP: 57636QBC7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |      640000 | PA      | $631955.48    | 0.06%             | 2035-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| KREF Ltd.                                                                         | KREF Ltd., Series 2021-FL2, Class B                                                            | CUSIP: 48275RAE7<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |     2155000 | PA      | $2140104.64   | 0.21%             | 2039-02-15      | Floating      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                                 | Exxon Mobil Corp.                                                                              | CUSIP: N/A<br>LEI: J3WHBG0MTS7O8ZVMDC91       | Long             | DBT              | CORP              | US        |     1010000 | PA      | $850590.41    | 0.08%             | 2039-06-26      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                 | Republic of Korea                                                                              | CUSIP: N/A<br>LEI: 549300O0QCVSQGPGDT58       | Long             | DBT              | NUSS              | KR        | 16300000000 | PA      | $11056466.40  | 1.07%             | 2030-12-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $15632.17     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $16467.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133KNEG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      207286 | PA      | $174236.83    | 0.02%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TDC Net A/S                                                                       | TDC Net A/S                                                                                    | CUSIP: N/A<br>LEI: 549300SH2G3R15Y3FX20       | Long             | DBT              | CORP              | DK        |      190000 | PA      | $228952.25    | 0.02%             | 2032-08-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 21H0326A3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      675000 | PA      | $612776.70    | 0.06%             | 2055-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| American International Group, Inc.                                                | American International Group, Inc.                                                             | CUSIP: 026874DS3<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |      752000 | PA      | $767546.94    | 0.07%             | 2033-03-27      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140KE2N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       44835 | PA      | $38208.15     | 0.00%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP                                                           | RHP Hotel Properties LP                                                                        | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1893000 | PA      | $1948357.00   | 0.19%             | 2028-07-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-6621.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3132DWGC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      142980 | PA      | $123983.45    | 0.01%             | 2053-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-16508.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Star Energy Geothermal Wayang Windu Ltd.                                          | Star Energy Geothermal Wayang Windu Ltd.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | VG        |      547600 | PA      | $565397.00    | 0.05%             | 2033-04-24      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Dick's Sporting Goods, Inc.                                                       | Dick's Sporting Goods, Inc.                                                                    | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |      790000 | PA      | $560396.99    | 0.05%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Flowers Foods, Inc.                                                               | Flowers Foods, Inc.                                                                            | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |      745000 | PA      | $758804.81    | 0.07%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Jane Street Group                                                                 | Jane Street Group                                                                              | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2577000 | PA      | $2588910.89   | 0.25%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-202.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                   | TransDigm, Inc.                                                                                | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     2317000 | PA      | $2372221.06   | 0.23%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Empire Communities Corp.                                                          | Empire Communities Corp.                                                                       | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |     1425000 | PA      | $1453500.00   | 0.14%             | 2029-05-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Paychex, Inc.                                                                     | Paychex, Inc.                                                                                  | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |      312000 | PA      | $321126.41    | 0.03%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EB82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      414865 | PA      | $330967.75    | 0.03%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Landsbankinn HF                                                                   | Landsbankinn HF                                                                                | CUSIP: N/A<br>LEI: 549300TLZPT6JELDWM92       | Long             | DBT              | CORP              | IS        |      885000 | PA      | $1054739.81   | 0.10%             | 2029-10-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140E0X91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       27733 | PA      | $27006.72     | 0.00%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Huntington Ingalls Industries, Inc.                                               | Huntington Ingalls Industries, Inc.                                                            | CUSIP: 446413BB1<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |      639000 | PA      | $662792.61    | 0.06%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                                                    | M&T Bank Corp.                                                                                 | CUSIP: 55261FAQ7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |      369000 | PA      | $370503.18    | 0.04%             | 2028-08-16      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Autostrade per l'Italia SpA                                                       | Autostrade per l'Italia SpA                                                                    | CUSIP: N/A<br>LEI: 815600149448CEB9B230       | Long             | DBT              | CORP              | IT        |      410000 | PA      | $520290.43    | 0.05%             | 2033-06-14      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418XGC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      239321 | PA      | $242226.30    | 0.02%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-79895.43    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-13719.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                   | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38141GB78<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     1121000 | PA      | $1113960.67   | 0.11%             | 2035-10-23      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| BAT International Finance plc                                                     | BAT International Finance plc                                                                  | CUSIP: N/A<br>LEI: 21380041YBGOQDFAC823       | Long             | DBT              | CORP              | GB        |     1110000 | PA      | $1340149.59   | 0.13%             | 2032-04-12      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179W5B0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     2217928 | PA      | $1891436.53   | 0.18%             | 2052-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BHP Billiton Finance Ltd.                                                         | BHP Billiton Finance Ltd.                                                                      | CUSIP: N/A<br>LEI: 549300KZMIS43NMT0A66       | Long             | DBT              | CORP              | AU        |     1360000 | PA      | $1587666.92   | 0.15%             | 2035-09-04      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Walker & Dunlop, Inc.                                                             | Walker & Dunlop, Inc.                                                                          | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2147000 | PA      | $2233760.27   | 0.22%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $9442.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| El Corte Ingles SA                                                                | El Corte Ingles SA                                                                             | CUSIP: N/A<br>LEI: 95980020140005374753       | Long             | DBT              | CORP              | ES        |      300000 | PA      | $346176.41    | 0.03%             | 2033-07-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                          | Venture Global LNG, Inc.                                                                       | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     1338000 | PA      | $1386439.61   | 0.13%             | 2028-06-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                      | Avolon Holdings Funding Ltd.                                                                   | CUSIP: 05401AAG6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     1002000 | PA      | $1000295.06   | 0.10%             | 2026-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $6609.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XEAU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      128677 | PA      | $112775.13    | 0.01%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                                          | Benchmark Mortgage Trust, Series 2021-B27, Class XA                                            | CUSIP: 08163HAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    19677307 | PA      | $1005777.99   | 0.10%             | 2054-07-15      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| Republic of Iceland                                                               | Iceland Government Bond                                                                        | CUSIP: N/A<br>LEI: 549300K5GD3JPA2LLG98       | Long             | DBT              | NUSS              | IS        |   460500000 | PA      | $3501102.12   | 0.34%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JT International Financial Services BV                                            | JT International Financial Services BV                                                         | CUSIP: N/A<br>LEI: 549300U2F0PG10VZUN93       | Long             | DBT              | CORP              | NL        |      650000 | PA      | $760669.31    | 0.07%             | 2055-09-04      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XDYN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       73291 | PA      | $61945.61     | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                              | Massachusetts Housing Finance Agency                                                           | CUSIP: 57587GTN5<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |     1690000 | PA      | $1728197.04   | 0.17%             | 2052-12-01      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1335.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                                                 | Algonquin Power & Utilities Corp.                                                              | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |      341000 | PA      | $343405.30    | 0.03%             | 2026-06-15      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                                                         | OBX Trust, Series 2024-NQM1, Class A1                                                          | CUSIP: 67448LAA0<br>LEI: 254900UI1468MQ7I8472 | Long             | ABS-MBS          | CORP              | US        |      775465 | PA      | $780960.16    | 0.08%             | 2063-11-25      | Variable      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| Microsoft Corp.                                                                   | Microsoft Corp.                                                                                | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      607000 | PA      | $351643.89    | 0.03%             | 2060-06-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $19220.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                                              | BBCMS Mortgage Trust, Series 2020-C7, Class XA                                                 | CUSIP: 05492VAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1381260 | PA      | $64681.21     | 0.01%             | 2053-04-15      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | IRS                                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    50800000 | PA      | $371758.85    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $663.45       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K074, Class XAM                 | CUSIP: 3137F4D82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    46151000 | PA      | $337063.83    | 0.03%             | 2028-02-25      | Variable      | 0.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-32.64       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                 | Johnson & Johnson                                                                              | CUSIP: 478160DA9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |      850000 | PA      | $948562.76    | 0.09%             | 2044-06-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 36179XBT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      107725 | PA      | $101322.95    | 0.01%             | 2052-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Verisure Midholding AB                                                            | Verisure Midholding AB                                                                         | CUSIP: N/A<br>LEI: 549300496LYEZ55X1M49       | Long             | DBT              | CORP              | SE        |     1215000 | PA      | $1428134.60   | 0.14%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Serbia International Bond                                                         | Republic of Serbia                                                                             | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |     1077000 | PA      | $1040049.43   | 0.10%             | 2033-03-03      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Mastercard, Inc.                                                                  | Mastercard, Inc.                                                                               | CUSIP: 57636QAQ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |      309000 | PA      | $239325.34    | 0.02%             | 2050-03-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                                          | Benchmark Mortgage Trust, Series 2021-B28, Class XA                                            | CUSIP: 08163GAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    20421527 | PA      | $1059348.33   | 0.10%             | 2054-08-15      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| BMP                                                                               | BMP, Series 2024-MF23, Class D                                                                 | CUSIP: 05593JAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      754553 | PA      | $756675.18    | 0.07%             | 2041-06-15      | Floating      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1667.41      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                                              | GNMA                                                                                           | CUSIP: 21H032696<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1325000 | PA      | $1205808.15   | 0.12%             | 2055-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-27857.16    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cable One, Inc.                                                                   | Cable One, Inc.                                                                                | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |      685000 | PA      | $566707.76    | 0.05%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $8348.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ESB Finance DAC                                                                   | ESB Finance DAC                                                                                | CUSIP: N/A<br>LEI: 635400VCPRSU89DLMZ57       | Long             | DBT              | CORP              | IE        |      690000 | PA      | $756037.46    | 0.07%             | 2031-06-14      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133KRT61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      496804 | PA      | $502471.46    | 0.05%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1336.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                                              | BBCMS Mortgage Trust, Series 2021-C9, Class XA                                                 | CUSIP: 05493EAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    14683025 | PA      | $965185.69    | 0.09%             | 2054-02-15      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $71359.99     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $10462.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-56196.80    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Heathrow Funding Ltd.                                                             | Heathrow Funding Ltd.                                                                          | CUSIP: N/A<br>LEI: 7TI96JO3DYEIQWZ7Z726       | Long             | DBT              | CORP              | JE        |      620000 | PA      | $842729.14    | 0.08%             | 2032-03-05      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Serbia International Bond                                                         | Republic of Serbia                                                                             | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |      696000 | PA      | $628554.50    | 0.06%             | 2036-09-23      | Fixed         | 2.05%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-20152.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fair Isaac Corp.                                                                  | Fair Isaac Corp.                                                                               | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     2440000 | PA      | $2472739.92   | 0.24%             | 2033-05-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EGJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2516425 | PA      | $2352653.25   | 0.23%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-3460.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                           | Hyundai Capital America                                                                        | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      248000 | PA      | $250724.41    | 0.02%             | 2027-01-08      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-11580.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Cote d'Ivoire                                                         | Republic of Cote d'Ivoire                                                                      | CUSIP: N/A<br>LEI: 254900ICW11T82O6H590       | Long             | DBT              | NUSS              | CI        |     1521000 | PA      | $1578439.59   | 0.15%             | 2040-10-17      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $31760.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                           | Hyundai Capital America                                                                        | CUSIP: 44891ABL0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      825000 | PA      | $882691.54    | 0.09%             | 2030-04-08      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K-165, Class XAM                | CUSIP: 3137HHJ44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     5029953 | PA      | $349004.29    | 0.03%             | 2034-09-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                             | Wells Fargo Commercial Mortgage Trust, Series 2021-C59, Class XA                               | CUSIP: 95003CBU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9143842 | PA      | $548043.46    | 0.05%             | 2054-04-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                                          | Benchmark Mortgage Trust, Series 2020-B18, Class XA                                            | CUSIP: 08163AAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    10505533 | PA      | $560876.76    | 0.05%             | 2053-07-15      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| People's Republic of China                                                        | People's Republic of China                                                                     | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |    65610000 | PA      | $9832952.74   | 0.95%             | 2029-11-21      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $9521.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                      | Oracle Corp.                                                                                   | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      821000 | PA      | $625988.79    | 0.06%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp.                                                               | Union Pacific Corp.                                                                            | CUSIP: 907818FK9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     1326000 | PA      | $902408.35    | 0.09%             | 2050-02-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Canada                                                                            | Canada Government Bond                                                                         | CUSIP: 135087S21<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     3899000 | PA      | $2816387.65   | 0.27%             | 2034-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Samarco Mineracao SA                                                              | Samarco Mineracao SA                                                                           | CUSIP: N/A<br>LEI: 529900U8HKV15GJC4O60       | Long             | DBT              | CORP              | BR        |     1616591 | PA      | $1608843.16   | 0.16%             | 2031-06-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| People's Republic of China                                                        | People's Republic of China                                                                     | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |   103790000 | PA      | $14437048.36  | 1.40%             | 2030-01-25      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $5301.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CEZ A/S                                                                           | CEZ A/S                                                                                        | CUSIP: N/A<br>LEI: 529900S5R9YHJHYKKG94       | Long             | DBT              | NUSS              | CZ        |      760000 | PA      | $906757.00    | 0.09%             | 2033-04-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Long Gilt                                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |          73 | NC      | $7688.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                               | IRS                                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    45300000 | PA      | $708188.86    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| EnBW International Finance BV                                                     | EnBW International Finance BV                                                                  | CUSIP: N/A<br>LEI: 724500CNCIO1ZTJ0X675       | Long             | DBT              | CORP              | NL        |      650000 | PA      | $799492.24    | 0.08%             | 2034-05-23      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC                                                                                          | CUSIP: 3132L6HF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       23948 | PA      | $22885.19     | 0.00%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $88906.56     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian Finance plc                                                              | Experian Finance plc                                                                           | CUSIP: N/A<br>LEI: 635400RKRK5EGXSPC782       | Long             | DBT              | CORP              | GB        |      720000 | PA      | $844243.45    | 0.08%             | 2033-12-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide, Inc.                                              | Anheuser-Busch InBev Worldwide, Inc.                                                           | CUSIP: 035240AM2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     1045000 | PA      | $982593.10    | 0.10%             | 2038-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANK                                                                              | BANK, Series 2022-BNK41, Class AS                                                              | CUSIP: 06540MBQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2344000 | PA      | $2170344.76   | 0.21%             | 2065-04-15      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                              | U.K. Treasury                                                                                  | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     1346000 | PA      | $1037412.05   | 0.10%             | 2041-10-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-39174.02    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Unicaja Banco SA                                                                  | Unicaja Banco SA                                                                               | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | DBT              | CORP              | ES        |     1100000 | PA      | $1295807.84   | 0.13%             | 2031-06-30      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | IRS                                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    11100000 | PA      | $199001.81    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3434.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WEA Finance LLC                                                                   | WEA Finance LLC                                                                                | CUSIP: 92928QAH1<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |     1043000 | PA      | $1019923.94   | 0.10%             | 2027-01-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                                                          | Republic of South Africa                                                                       | CUSIP: 836205BF0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     1437000 | PA      | $1446495.97   | 0.14%             | 2036-11-19      | Fixed         | 7.10%                 | Yes           |                  2 | On Loan: No      |
| Volkswagen Leasing GmbH                                                           | Volkswagen Leasing GmbH                                                                        | CUSIP: N/A<br>LEI: 5299004GLEUX88BSNB74       | Long             | DBT              | CORP              | DE        |      690000 | PA      | $831623.05    | 0.08%             | 2031-04-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Adani Transmission Step-One Ltd.                                                  | Adani Transmission Step-One Ltd.                                                               | CUSIP: N/A<br>LEI: 335800Z8CGS7O7D72N41       | Long             | DBT              | CORP              | IN        |      903500 | PA      | $797718.22    | 0.08%             | 2036-05-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                                                        | Anheuser-Busch InBev SA/NV                                                                     | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | DBT              | CORP              | BE        |      230000 | PA      | $261445.16    | 0.03%             | 2045-05-19      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K111, Class XAM                 | CUSIP: 3137FUZG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     7523890 | PA      | $559797.73    | 0.05%             | 2030-05-25      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-3948.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Informa plc                                                                       | Informa plc                                                                                    | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | DBT              | CORP              | GB        |      490000 | PA      | $570806.34    | 0.06%             | 2031-06-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                          | Angel Oak Mortgage Trust, Series 2024-12, Class A1                                             | CUSIP: 034932AA1<br>LEI: 254900S8TF74AZOT0548 | Long             | ABS-MBS          | CORP              | US        |     2933766 | PA      | $2951241.27   | 0.29%             | 2069-10-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                                                         | Rio Tinto Finance USA plc                                                                      | CUSIP: 76720AAT3<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     1236000 | PA      | $1266985.84   | 0.12%             | 2032-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $48245.31     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-66600.81    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Arkema SA                                                                         | Arkema SA                                                                                      | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | DBT              | CORP              | FR        |      700000 | PA      | $808036.01    | 0.08%             | 2034-09-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Abu Dhabi Developmental Holding Co. PJSC                                          | Abu Dhabi Developmental Holding Co. PJSC                                                       | CUSIP: 00402D2B0<br>LEI: 254900G082ZFKTCR2Q75 | Long             | DBT              | CORP              | AE        |     1958000 | PA      | $2066565.32   | 0.20%             | 2034-05-08      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC                                                    | Anywhere Real Estate Group LLC                                                                 | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      862000 | PA      | $915668.84    | 0.09%             | 2030-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| NXP BV                                                                            | NXP BV                                                                                         | CUSIP: 62954HBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      191000 | PA      | $191240.90    | 0.02%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners LP                                                       | Cheniere Energy Partners LP                                                                    | CUSIP: 16411QAV3<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |      968000 | PA      | $976896.34    | 0.09%             | 2035-10-30      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                                           | Arrow Electronics, Inc.                                                                        | CUSIP: 04273WAE1<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |      499000 | PA      | $517476.20    | 0.05%             | 2034-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Home Depot, Inc. (The)                                                            | Home Depot, Inc. (The)                                                                         | CUSIP: 437076CQ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     1158000 | PA      | $839042.68    | 0.08%             | 2052-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-176.29      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2790.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pachelbel Bidco SpA                                                               | Pachelbel Bidco SpA                                                                            | CUSIP: N/A<br>LEI: 8156005DA07CDD50CC46       | Long             | DBT              | CORP              | IT        |      431000 | PA      | $544873.29    | 0.05%             | 2031-05-17      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| LoanCore Issuer Ltd.                                                              | LoanCore Issuer Ltd., Series 2021-CRE5, Class B                                                | CUSIP: 53947XAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1395500 | PA      | $1391956.69   | 0.13%             | 2036-07-15      | Floating      | 6.48%                 | Yes           |                  2 | On Loan: No      |
| Cellnex Finance Co. SA                                                            | Cellnex Finance Co. SA                                                                         | CUSIP: N/A<br>LEI: 549300OUROMFTRFA7T23       | Long             | DBT              | CORP              | ES        |      600000 | PA      | $701752.07    | 0.07%             | 2032-05-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Alphabet, Inc.                                                                    | Alphabet, Inc.                                                                                 | CUSIP: 02079KAT4<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |      324000 | PA      | $362301.63    | 0.04%             | 2054-05-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Enel Finance International NV                                                     | Enel Finance International NV                                                                  | CUSIP: 29278GAF5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |      505000 | PA      | $495342.32    | 0.05%             | 2028-04-06      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corp.                                                            | Truist Financial Corp.                                                                         | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |      801000 | PA      | $834389.65    | 0.08%             | 2035-01-24      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| Amber Finco plc                                                                   | Amber Finco plc                                                                                | CUSIP: N/A<br>LEI: 9845004C0870D380O790       | Long             | DBT              | CORP              | GB        |      478000 | PA      | $588334.30    | 0.06%             | 2029-07-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $12907.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OBX Trust                                                                         | OBX Trust, Series 2024-NQM8, Class A1                                                          | CUSIP: 67119CAA8<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |     1294583 | PA      | $1311534.94   | 0.13%             | 2064-05-25      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Toll Road Investors Partnership II LP                                             | Toll Road Investors Partnership II LP                                                          | CUSIP: 88948ABC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1754000 | PA      | $1603100.15   | 0.16%             | 2027-02-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 31427NMZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      851543 | PA      | $886146.80    | 0.09%             | 2054-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.                                    | Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL3, Class B                       | CUSIP: 03880KAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1205000 | PA      | $1204508.36   | 0.12%             | 2034-08-15      | Floating      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| Summer BidCo BV                                                                   | Summer BidCo BV                                                                                | CUSIP: N/A<br>LEI: 724500EOJYP21L3XM206       | Long             | DBT              | CORP              | NL        |     1578092 | PA      | $1865916.29   | 0.18%             | 2029-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| United States of America                                                          | U.S. Treasury Bonds                                                                            | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      415000 | PA      | $408839.84    | 0.04%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JH North America Holdings, Inc.                                                   | JH North America Holdings, Inc.                                                                | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |      960000 | PA      | $970478.40    | 0.09%             | 2031-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| HSBC Holdings plc                                                                 | HSBC Holdings plc                                                                              | CUSIP: 404280ER6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |      718000 | PA      | $735511.35    | 0.07%             | 2031-03-03      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-12278.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                  | Boeing Co. (The)                                                                               | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     1344000 | PA      | $1292439.93   | 0.13%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2629.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Toledo Hospital (The)                                                             | Toledo Hospital (The), Series AGMC                                                             | CUSIP: 889184AG2<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |      675000 | PA      | $657397.84    | 0.06%             | 2048-11-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418ELV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       21773 | PA      | $20352.96     | 0.00%             | 2052-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roche Holdings, Inc.                                                              | Roche Holdings, Inc.                                                                           | CUSIP: 771196CG5<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |      493000 | PA      | $523283.53    | 0.05%             | 2030-11-13      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $734.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings LLC                                                   | Eastern Energy Gas Holdings LLC                                                                | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |     1026000 | PA      | $979584.51    | 0.09%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-17896.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Icon Investments Six DAC                                                          | Icon Investments Six DAC                                                                       | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |     1013000 | PA      | $1034042.26   | 0.10%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                    | Morgan Stanley                                                                                 | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     1324000 | PA      | $1366941.66   | 0.13%             | 2034-07-21      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | FNMA, Series 2024-99, Class FE                                                                 | CUSIP: 3136BUMM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2095745 | PA      | $2117764.13   | 0.20%             | 2055-01-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-3429.73     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Brown & Brown, Inc.                                                               | Brown & Brown, Inc.                                                                            | CUSIP: 115236AN1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |      213000 | PA      | $217766.72    | 0.02%             | 2055-06-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Shurgard Luxembourg Sarl                                                          | Shurgard Luxembourg Sarl                                                                       | CUSIP: N/A<br>LEI: 54930064DJ4U15OBV665       | Long             | DBT              | CORP              | LU        |      700000 | PA      | $818519.97    | 0.08%             | 2035-05-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                              | U.K. Treasury                                                                                  | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |     8112000 | PA      | $8198363.14   | 0.79%             | 2052-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140N55Y6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2240186 | PA      | $2262834.84   | 0.22%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Biogen, Inc.                                                                      | Biogen, Inc.                                                                                   | CUSIP: 09062XAN3<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |      690000 | PA      | $708126.38    | 0.07%             | 2031-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                             | Targa Resources Corp.                                                                          | CUSIP: 87612GAA9<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |      241000 | PA      | $227155.80    | 0.02%             | 2033-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Co.                                                     | Berkshire Hathaway Energy Co.                                                                  | CUSIP: 59562VBD8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |      222000 | PA      | $210981.45    | 0.02%             | 2043-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities LLC                                                       | Business Jet Securities LLC, Series 2024-1A, Class B                                           | CUSIP: 12327CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       79065 | PA      | $81403.60     | 0.01%             | 2039-05-15      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                             | NextEra Energy Capital Holdings, Inc.                                                          | CUSIP: 65339KBS8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |      788000 | PA      | $788000.00    | 0.08%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133A67D7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       76765 | PA      | $67745.47     | 0.01%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COPT Defense Properties LP                                                        | COPT Defense Properties LP                                                                     | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |      235000 | PA      | $211821.82    | 0.02%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $430.84       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Store Capital LLC                                                                 | Store Capital LLC                                                                              | CUSIP: 862121AD2<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |       62000 | PA      | $53964.87     | 0.01%             | 2031-12-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Bacardi Ltd.                                                                      | Bacardi Ltd.                                                                                   | CUSIP: 05635JAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     1758000 | PA      | $1762321.01   | 0.17%             | 2033-06-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| American Transmission Systems, Inc.                                               | American Transmission Systems, Inc.                                                            | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      864000 | PA      | $767856.14    | 0.07%             | 2032-01-15      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC Multifamily Structured Pass-Through Certificates, Series K133, Class XAM                 | CUSIP: 3137H4BT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    21590988 | PA      | $617567.03    | 0.06%             | 2031-09-25      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3138ETDS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       42405 | PA      | $41217.41     | 0.00%             | 2043-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQT Trust                                                                         | EQT Trust, Series 2024-EXTR, Class C                                                           | CUSIP: 29439DAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      151515 | PA      | $154773.07    | 0.01%             | 2041-07-05      | Variable      | 6.05%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EE30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      995236 | PA      | $863921.12    | 0.08%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| European Union                                                                    | European Union                                                                                 | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |     7480000 | PA      | $7238057.21   | 0.70%             | 2053-03-04      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EPD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       26144 | PA      | $26408.19     | 0.00%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $14564.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco, Inc.                                                               | Japan Tobacco, Inc.                                                                            | CUSIP: 471105AD8<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | DBT              | CORP              | JP        |      859000 | PA      | $892077.49    | 0.09%             | 2030-06-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                               | Euro-Buxl                                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -47 | NC      | $281133.13    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                                                                     | Veralto Corp.                                                                                  | CUSIP: N/A<br>LEI: 635400FJE6GSOJUSNY27       | Long             | DBT              | CORP              | US        |      649000 | PA      | $791274.47    | 0.08%             | 2031-09-19      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                     | Massachusetts Educational Financing Authority                                                  | CUSIP: 57563RRZ4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |      825000 | PA      | $770431.61    | 0.07%             | 2037-07-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Crh Finance UK plc                                                                | Crh Finance UK plc                                                                             | CUSIP: N/A<br>LEI: 549300MQJDHXCWSM5880       | Long             | DBT              | CORP              | GB        |      780000 | PA      | $1029329.21   | 0.10%             | 2029-12-02      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                                                          | Arthur J Gallagher & Co.                                                                       | CUSIP: 04316JAF6<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |      347000 | PA      | $380709.64    | 0.04%             | 2034-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Arkema SA                                                                         | Arkema SA                                                                                      | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | DBT              | CORP              | FR        |      500000 | PA      | $582818.44    | 0.06%             | 2030-05-27      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Islandsbanki HF                                                                   | Islandsbanki HF                                                                                | CUSIP: N/A<br>LEI: 549300PZMFIQR79Q0T97       | Long             | DBT              | CORP              | IS        |      650000 | PA      | $779092.74    | 0.08%             | 2030-09-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co.                                                              | Vulcan Materials Co.                                                                           | CUSIP: 929160BD0<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |      438000 | PA      | $432506.55    | 0.04%             | 2054-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                              | Charter Communications Operating LLC                                                           | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      658000 | PA      | $691643.57    | 0.07%             | 2029-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                                       | Marsh & McLennan Cos., Inc.                                                                    | CUSIP: 571748CB6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |      623000 | PA      | $637503.71    | 0.06%             | 2031-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                               | Forward Foreign Currency Contract                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3735.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140KG3Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       77829 | PA      | $66324.82     | 0.01%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140XB3X6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        4371 | PA      | $4396.94      | 0.00%             | 2031-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sandoz Finance BV                                                                 | Sandoz Finance BV                                                                              | CUSIP: N/A<br>LEI: 213800DFA3WXJ7KC9R74       | Long             | DBT              | CORP              | NL        |      440000 | PA      | $522150.54    | 0.05%             | 2035-03-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                             | FHLMC, Series 5566, Class HC                                                                   | CUSIP: 3137HMJJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      692424 | PA      | $694702.38    | 0.07%             | 2055-08-25      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                         | Sunoco LP                                                                                      | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     2323000 | PA      | $2457452.92   | 0.24%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 3140KG4A8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       48327 | PA      | $41128.34     | 0.00%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                                        | UMBS                                                                                           | CUSIP: 3133BBTH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      551447 | PA      | $458071.14    | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                      | Royal Caribbean Cruises Ltd.                                                                   | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      494000 | PA      | $506829.67    | 0.05%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Vulcan Materials Co.                                                              | Vulcan Materials Co.                                                                           | CUSIP: 929160AZ2<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |      779000 | PA      | $751278.97    | 0.07%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                        | Mars, Inc.                                                                                     | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |      915000 | PA      | $892261.73    | 0.09%             | 2055-05-01      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                              | UMBS                                                                                           | CUSIP: 31418EBS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       41870 | PA      | $34957.84     | 0.00%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Terna - Rete Elettrica Nazionale                                                  | Terna - Rete Elettrica Nazionale                                                               | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | DBT              | CORP              | IT        |      910000 | PA      | $1057320.39   | 0.10%             | 2031-07-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                             | Republic of Indonesia                                                                          | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 74000000000 | PA      | $4528036.17   | 0.44%             | 2031-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                         | Chesapeake Funding II LLC, Series 2023-1A, Class A1                                            | CUSIP: 165183CU6<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |      411016 | PA      | $413549.24    | 0.04%             | 2035-05-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** MFS Series Trust X

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer