# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0001752724-25-204038
**Filing Date:** 2025-8
**Character Count:** 103524
**Document Hash:** af71682bf6d92c2dc58319a233602392
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204038.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204038

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340

**ORGANIZATION NAME:**
- **EIN:** 232209178
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 251253995

**BUSINESS ADDRESS:**
- **STREET 1:** 600 DRESHER RD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044
- **BUSINESS PHONE:** (215) 956-8835

**MAIL ADDRESS:**
- **STREET 1:** 600 DRESHER ROAD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044

## Series and Classes Contracts Data

### Flexibly Managed Fund (Series ID: S000006734)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000018297 | Flexibly Managed Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Penn Series Funds Inc

- **b. Investment Company Act file number:** 811-03459

- **c. CIK number of Registrant:** 0000702340

- **d. LEI of Registrant:** 549300GLJSCMRCVZWX45

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

  - **Street Address 1:** Eight Tower Bridge

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 215-956-8114

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

- **a. Name of Series:** Penn Series Flexibly Managed Fund

- **b. EDGAR series identifier (if any):** S000006734

- **c. LEI of Series:** PSPNMU185GM5CXHXXK14

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $5154533418.60

**Total Liabilities:** $23494719.26

**Net Assets:** $5131038699.34

**Cash Not Reported:** $6370308.24

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.36880000 | **1-Year:** 7730.08236000 | **5-Year:** 11021.59815000 | **10-Year:** 1319.49923000 | **30-Year:** 0.00000000

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

- **3-Month:** 2182.81903000 | **1-Year:** 87702.05958000 | **5-Year:** 56012.05049000 | **10-Year:** 27782.67882000 | **30-Year:** 46813.41855000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018297 | 0.22%                | 2.78%                | 3.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18820531.67             | $-16770270.93                              |
| Month 2  | $36710237.50             | $93774538.97                               |
| Month 3  | $62037103.92             | $92104756.27                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ELLUCIAN HOLDING Inc                                       | ELLUCIAN HOLDINGS INC                                                          | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |   8495708 | PA      | $8511679.43   | 0.17%             | 2029-10-09      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                           | AmWINS Group Inc                                                               | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   3277000 | PA      | $3339550.95   | 0.07%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                           | Vail Resorts Inc                                                               | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |   3481000 | PA      | $3596165.40   | 0.07%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc                                       | WEC Energy Group Inc                                                           | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     35600 | NS      | $3709520.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                            | United States Treasury Note/Bond                                               | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 128668000 | PA      | $129839079.52 | 2.53%             | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                        | Avantor Funding Inc                                                            | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |  11785000 | PA      | $11571623.15  | 0.23%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                            | SBA Tower Trust                                                                | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    256000 | PA      | $263059.89    | 0.01%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | WASTE MANAGEMENT INC                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -82 | NC      | $-44116.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| YUM! BRANDS INC                                            | Yum! Brands Inc                                                                | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   7196000 | PA      | $7200648.62   | 0.14%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CAPSTONE BORROWER INC                                      | Capstone Borrower Inc                                                          | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    237000 | PA      | $247274.66    | 0.00%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                        | ASCEND LEARNING LLC                                                            | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |   4534000 | PA      | $4531188.92   | 0.09%             | 2028-12-11      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Mariner Wealth Advisors, LLC                               | MARINER WEALTH ADVISORS LLC                                                    | CUSIP: 000000000<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |   4356000 | PA      | $4365060.48   | 0.09%             | 2030-12-18      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                            | United States Treasury Note/Bond                                               | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 220089000 | PA      | $222195319.96 | 4.33%             | 2030-02-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                 | AbbVie Inc                                                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     62800 | NS      | $11656936.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |  19717055 | PA      | $19775614.96  | 0.39%             | 2030-11-08      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| MISTER CAR WASH HOLDINGS IN                                | MISTER CAR WASH HOLDINGS INC                                                   | CUSIP: 60646CAK3<br>LEI: 549300BARUQU0U2GQE05 | Long             | LON              | CORP              | US        |   2484817 | PA      | $2487400.90   | 0.05%             | 2031-03-27      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                  | WEC ENERGY GROUP INC                                                           | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -220 | NC      | $-54780.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                            | United States Treasury Note/Bond                                               | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 169392000 | PA      | $170027220.00 | 3.31%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ANSYS Inc                                                  | ANSYS Inc                                                                      | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |      2360 | NS      | $828879.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                   | Visa Inc                                                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     85456 | NS      | $30341152.80  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                               | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   7522000 | PA      | $7079164.82   | 0.14%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | CME GROUP INC                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -110 | NC      | $-374000.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                                                    | PTC Inc                                                                        | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |   3162000 | PA      | $3062769.17   | 0.06%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                  | Apple Inc                                                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    331430 | NS      | $67999493.10  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                 | Intuit Inc                                                                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     69237 | NS      | $54533138.31  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Systems Inc                                        | APPLIED SYSTEMS INC                                                            | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |  53485481 | PA      | $53686051.57  | 1.05%             | 2031-02-24      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Aurora Innovation Inc                                      | Aurora Innovation Inc                                                          | CUSIP: 051774107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  10359138 | NS      | $54281883.12  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Senior Finance II LLC                                  | SBA SENIOR FINANCE II LLC                                                      | CUSIP: 78404XAJ4<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |  13057594 | PA      | $13069084.76  | 0.25%             | 2031-01-25      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                       | Keurig Dr Pepper Inc                                                           | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    136800 | NS      | $4522608.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANTOR FUNDING INC                                        | Avantor Funding Inc                                                            | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   3940000 | PA      | $3729613.85   | 0.07%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | CENCORA INC                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -165 | NC      | $-806850.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Varsity Brands, Inc.                                       | VARSITY BRANDS INC                                                             | CUSIP: 92227QAF3<br>LEI: 254900PLBJA0I5NSTT38 | Long             | LON              | CORP              | US        |  14113628 | PA      | $14100360.69  | 0.27%             | 2031-08-26      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | LOCKHEED MARTIN CORP                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-124150.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                                | Cencora Inc                                                                    | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     29200 | NS      | $8755620.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADSTREET PARTNERS INC                                   | BroadStreet Partners Inc                                                       | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   7435000 | PA      | $7344551.74   | 0.14%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | PEPSICO INC                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -329 | NC      | $-43757.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | JOHNSON & JOHNSON                                                              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -334 | NC      | $-68470.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | CARDINAL HEALTH INC                                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -411 | NC      | $-1286430.00  | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                         | Meta Platforms Inc                                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    127622 | NS      | $94196521.98  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR MEDIA CORP                                           | Lamar Media Corp                                                               | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    528000 | PA      | $521945.90    | 0.01%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                            | Yum! Brands Inc                                                                | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   7809000 | PA      | $7461698.63   | 0.15%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                        | Abbott Laboratories                                                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    406508 | NS      | $55289153.08  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                  | CENTERPOINT ENERGY INC                                                         | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |     -1304 | NC      | $-384680.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BioNTech SE                                                | BioNTech SE                                                                    | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |     72409 | NS      | $7709386.23   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                                   | Ferguson Enterprises Inc                                                       | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |    133191 | NS      | $29002340.25  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                    | Booz Allen Hamilton Inc                                                        | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   2469000 | PA      | $2530287.91   | 0.05%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Cigna Group/The                                            | Cigna Group/The                                                                | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     68400 | NS      | $22611672.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                                        | Alliant Energy Corp                                                            | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     25900 | NS      | $1566173.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                                     | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                 | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8757000 | PA      | $8732129.42   | 0.17%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                                      | Ellucian Holdings Inc                                                          | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   2824000 | PA      | $2888087.86   | 0.06%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                            | United States Treasury Note/Bond                                               | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20960000 | PA      | $21036962.60  | 0.41%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                              | TransDigm Inc                                                                  | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3235000 | PA      | $3171977.99   | 0.06%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Applied Systems Inc                                        | APPLIED SYSTEMS INC                                                            | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   7839116 | PA      | $8021375.45   | 0.16%             | 2040-01-02      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | VISA INC                                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -164 | NC      | $-405080.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| USI Inc                                                    | USI INC/NY                                                                     | CUSIP: 90351NAQ8<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |  13324552 | PA      | $13278715.17  | 0.26%             | 2030-09-27      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | GE HEALTHCARE TECHNOLOGIES INC                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -299 | NC      | $-25415.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                             | Salesforce Inc                                                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    100803 | NS      | $27487970.07  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | CME GROUP INC                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -153 | NC      | $-313650.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | PEPSICO INC                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -273 | NC      | $-51051.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTL                                          | Service Corp International/US                                                  | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   2557000 | PA      | $2349739.30   | 0.05%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Workday Inc                                                | Workday Inc                                                                    | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    268056 | NS      | $64333440.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTL                                          | Service Corp International/US                                                  | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    479000 | PA      | $475247.37    | 0.01%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                        | AssuredPartners Inc                                                            | CUSIP: 04624VAC3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   1463000 | PA      | $1567611.82   | 0.03%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                      | HUB International Ltd                                                          | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  26096000 | PA      | $27304986.71  | 0.53%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| McKesson Corp                                              | McKesson Corp                                                                  | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     87128 | NS      | $63845655.84  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                               | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   9028000 | PA      | $8177643.65   | 0.16%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Alnylam Pharmaceuticals Inc                                | Alnylam Pharmaceuticals Inc                                                    | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     47207 | NS      | $15393730.63  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | MARSH & MCLENNAN COS INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -160 | NC      | $-39200.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| RYAN SPECIALTY                                             | Ryan Specialty LLC                                                             | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   4122000 | PA      | $4154420.19   | 0.08%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                     | CCO Holdings LLC / CCO Holdings Capital Corp                                   | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1740000 | PA      | $1739342.28   | 0.03%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                                             | Eli Lilly & Co                                                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     48500 | NS      | $37807205.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | INTERCONTINENTAL EXCHANGE INC                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -165 | NC      | $-409200.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                         | Analog Devices Inc                                                             | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     81100 | NS      | $19303422.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | CBOE GLOBAL MARKETS INC                                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -81 | NC      | $-149850.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                    | SBA Communications Corp                                                        | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   8504000 | PA      | $8367797.38   | 0.16%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                       | Waste Management Inc                                                           | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     35600 | NS      | $8145992.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                              | Intercontinental Exchange Inc                                                  | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     30358 | NS      | $5569782.26   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS/CANADA WON                                       | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5484000 | PA      | $5560370.18   | 0.11%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RTX Corp                                                   | RTX Corp                                                                       | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    206772 | NS      | $30192847.44  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | AON PLC                                                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -82 | NC      | $-2788.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | ABBOTT LABORATORIES                                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -244 | NC      | $-129320.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund                                | BlackRock Liquidity FedFund                                                    | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   9966346 | NS      | $9966345.85   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | MCKESSON CORP                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -41 | NC      | $-432550.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                    | Booz Allen Hamilton Inc                                                        | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   2064000 | PA      | $1979056.49   | 0.04%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                                    | Surgery Center Holdings Inc                                                    | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   2233000 | PA      | $2276347.00   | 0.04%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | SBA COMMUNICATIONS CORP                                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -158 | NC      | $-270180.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Icon Parent I Inc                                          | ICON PARENT INC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11935200 | PA      | $11944986.86  | 0.23%             | 2031-11-13      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                              | TransDigm Inc                                                                  | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9870000 | PA      | $10115654.43  | 0.20%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                            | Yum! Brands Inc                                                                | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   3145000 | PA      | $3382041.80   | 0.07%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | EXELON CORP                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -272 | NC      | $-28560.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                             | Mastercard Inc                                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     37553 | NS      | $21102532.82  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                     | UnitedHealth Group Inc                                                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    106985 | NS      | $33376110.45  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                               | KKR & Co Inc                                                                   | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     53863 | NS      | $7165394.89   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | AMERICAN ELECTRIC POWER CO INC                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -219 | NC      | $-68328.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                             | Amazon.com Inc                                                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    988230 | NS      | $216807779.70 | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | YUM! BRANDS INC                                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -248 | NC      | $-109120.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| WAYMO LLC SER A-2 CVT PFD UNITS PP                         | WAYMO LLC SER A-2 CVT PFD UNITS PP                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    245568 | NS      | $26017929.60  | 0.51%             |  |  |  | No            |                  3 | On Loan: No      |
| TransUnion Intermediate Holdings Inc f/k/a TransUnion Corp | Trans Union LLC                                                                | CUSIP: 89334GAX2<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |   1012217 | PA      | $1012642.14   | 0.02%             | 2026-11-16      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                            | Yum! Brands Inc                                                                | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   8583000 | PA      | $8262632.66   | 0.16%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                                | Hologic Inc                                                                    | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |   2294000 | PA      | $2186193.47   | 0.04%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                            | United States Treasury Note/Bond                                               | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 186069000 | PA      | $187842470.16 | 3.66%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                            | Yum! Brands Inc                                                                | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    218946 | NS      | $32443418.28  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR MEDIA CORP                                           | Lamar Media Corp                                                               | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2796000 | PA      | $2710036.42   | 0.05%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cboe Global Markets Inc                                    | Cboe Global Markets Inc                                                        | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      8100 | NS      | $1889001.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | EXELON CORP                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -822 | NC      | $-147960.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                             | Microsoft Corp                                                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    682784 | NS      | $339623589.44 | 6.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                          | Johnson & Johnson                                                              | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     33400 | NS      | $5101850.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                                 | Advanced Micro Devices Inc                                                     | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    634603 | NS      | $90050165.70  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | CENCORA INC                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -127 | NC      | $-519430.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | ABBOTT LABORATORIES                                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -493 | NC      | $-601460.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM INC                                              | TransDigm Inc                                                                  | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  11451000 | PA      | $11859033.48  | 0.23%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                             | American Electric Power Co Inc                                                 | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     38200 | NS      | $3963632.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | MASTERCARD INC                                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -109 | NC      | $-361880.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTL                                          | Service Corp International/US                                                  | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   2818000 | PA      | $2846825.32   | 0.06%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | MASTERCARD INC                                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -54 | NC      | $-85320.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | MCKESSON CORP                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-364400.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| HUB INTERNATIONAL LTD                                      | HUB International Ltd                                                          | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  45014000 | PA      | $47022532.78  | 0.92%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                            | CMS Energy Corp                                                                | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |     39071 | NS      | $860734.13    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM! BRANDS INC                                            | Yum! Brands Inc                                                                | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   4113000 | PA      | $4071290.89   | 0.08%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                                       | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp | CUSIP: 150190AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2749000 | PA      | $2692277.13   | 0.05%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                                       | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8262000 | PA      | $8252239.27   | 0.16%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                  | ADMI CORP                                                                      | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |   1767102 | PA      | $1680955.49   | 0.03%             | 2027-12-23      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                      | HUB International Ltd                                                          | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   4462000 | PA      | $4462477.43   | 0.09%             | 2029-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NASDAQ, INC.                                               | ABBVIE INC                                                                     | CUSIP: 000000000<br>LEI: 549300L8X1Q78ERXFD06 | N/A              | DE               | CORP              | US        |      -329 | NC      | $-315840.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                              | CME Group Inc                                                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     26300 | NS      | $7248806.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM INC                                              | TransDigm Inc                                                                  | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   6846000 | PA      | $7171404.07   | 0.14%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Ltd                             | Canadian Natural Resources Ltd                                                 | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   2349688 | NS      | $73780203.20  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA INC                                                  | IQVIA Inc                                                                      | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   4372000 | PA      | $4356329.88   | 0.08%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                            | Yum! Brands Inc                                                                | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   4955000 | PA      | $4573669.99   | 0.09%             | 2031-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                | Workday Inc                                                                    | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   2337000 | PA      | $2195922.44   | 0.04%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | AON PLC                                                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -72 | NC      | $-63360.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NASDAQ, INC.                                               | ABBVIE INC                                                                     | CUSIP: 000000000<br>LEI: 549300L8X1Q78ERXFD06 | N/A              | DE               | CORP              | US        |      -299 | NC      | $-152490.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                                      | Northrop Grumman Corp                                                          | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     17500 | NS      | $8749650.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                                     | Roper Technologies Inc                                                         | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    242738 | NS      | $137593607.92 | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | DUKE ENERGY CORP                                                               | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -219 | NC      | $-122640.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| LAMAR MEDIA CORP                                           | Lamar Media Corp                                                               | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    435000 | PA      | $401826.33    | 0.01%             | 2031-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Willis Towers Watson PLC                                   | Willis Towers Watson PLC                                                       | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |    114739 | NS      | $35167503.50  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| RYAN SPECIALTY GROUP                                       | Ryan Specialty LLC                                                             | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   1256000 | PA      | $1214766.19   | 0.02%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                      | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |  67092074 | PA      | $67277919.17  | 1.31%             | 2030-06-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                                 | Biogen Inc                                                                     | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      8876 | NS      | $1114736.84   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Master Issuer LL                             | Domino's Pizza Master Issuer LLC                                               | CUSIP: 25755TAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2751380 | PA      | $2713683.89   | 0.05%             | 2047-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | BECTON DICKINSON & CO                                                          | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -114 | NC      | $-1596.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                                        | Vulcan Materials Co                                                            | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     97200 | NS      | $25351704.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                               | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   7217000 | PA      | $7184227.60   | 0.14%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                    | SBA Communications Corp                                                        | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   9983000 | PA      | $9429373.77   | 0.18%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | YUM! BRANDS INC                                                                | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -192 | NC      | $-216960.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CPI HOLDCO B LLC                                           | CPI HOLDCO B LLC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2598000 | PA      | $2588907.00   | 0.05%             | 2031-05-19      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                     | ATHENAHEALTH GROUP INC                                                         | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   7555000 | PA      | $7543214.20   | 0.15%             | 2029-02-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Avantor Inc                                                | Avantor Inc                                                                    | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    548873 | NS      | $7387830.58   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                                  | Teledyne Technologies Inc                                                      | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     14688 | NS      | $7524809.28   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CPI Holdco B, LLC                                          | CPI HOLDCO B LLC                                                               | CUSIP: 1261MAAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10794000 | PA      | $10780507.50  | 0.21%             | 2031-05-19      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                  | ADMI Corp                                                                      | CUSIP: 00709LAH0<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    581780 | PA      | $549537.58    | 0.01%             | 2027-12-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | WASTE MANAGEMENT INC                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -274 | NC      | $-358940.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Inc                                              | TRANSDIGM INC                                                                  | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |   8309311 | PA      | $8335983.86   | 0.16%             | 2028-08-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                | PepsiCo Inc                                                                    | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     60200 | NS      | $7948808.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | INTERCONTINENTAL EXCHANGE INC                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -135 | NC      | $-152550.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                                               | Veralto Corp                                                                   | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    222746 | NS      | $22486208.70  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Loire US Holdco 1 Inc                                      | LOIRE FINCO LUXEMBOURG                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |  19867346 | PA      | $19917014.75  | 0.39%             | 2030-01-31      | Floating      | 8.33%                 | No            |                  3 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | KEURIG DR PEPPER INC                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |     -1368 | NC      | $-177840.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc                                     | CenterPoint Energy Inc                                                         | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   2308579 | NS      | $84817192.46  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Inc                                              | TRANSDIGM INC                                                                  | CUSIP: 89364MCB8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  12837935 | PA      | $12880813.87  | 0.25%             | 2030-03-22      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Icon Parent I Inc                                          | ICON PARENT INC                                                                | CUSIP: 45115MAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4676300 | PA      | $4711372.25   | 0.09%             | 2032-11-12      | Floating      | 9.21%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | DANAHER CORP                                                                   | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -288 | NC      | $-24480.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                                                | Exelon Corp                                                                    | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    109400 | NS      | $4750148.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                  | WILLIS TOWERS WATSON PLC                                                       | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -98 | NC      | $-2940.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | DTE ENERGY CO                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -427 | NC      | $-38430.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Filtration Group Corporation                               | FILTRATION GROUP CORP                                                          | CUSIP: 31732FAW6<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   6873996 | PA      | $8087102.25   | 0.16%             | 2028-10-21      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| T Rowe Price Government Reserve Investment Fund            | T Rowe Price Government Reserve Investment Fund                                | CUSIP: 76105Y109<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        | 410767491 | NS      | $410767490.52 | 8.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                              | Amphenol Corp                                                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    786235 | NS      | $77640706.25  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                                        | American Tower Corp                                                            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     27400 | NS      | $6055948.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | STARBUCKS CORP                                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -235 | NC      | $-24675.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                            | ASML Holding NV                                                                | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     13309 | NS      | $10665699.51  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Seasons Hotels Limited                                | FOUR SEASONS HOTELS LTD                                                        | CUSIP: 35100DAV8<br>LEI: 5493009FUVX8LHYY2202 | Long             | LON              | CORP              | CA        |    742710 | PA      | $746423.97    | 0.01%             | 2029-11-30      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | AMERICAN TOWER CORP                                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -274 | NC      | $-580332.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                | NVIDIA Corp                                                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1152452 | NS      | $182075891.48 | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | AMERICAN ELECTRIC POWER CO INC                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -163 | NC      | $-19560.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | GE HEALTHCARE TECHNOLOGIES INC                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -274 | NC      | $-20550.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Epicor Software Corporation                                | EPICOR SOFTWARE CORP                                                           | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |  13003237 | PA      | $13029373.13  | 0.25%             | 2031-05-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                              | DTE Energy Co                                                                  | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    175900 | NS      | $23299714.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                                    | PTC Inc                                                                        | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    664592 | NS      | $114535785.28 | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | VISA INC                                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -178 | NC      | $-209150.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTERTAINME                                      | Six Flags Entertainment Corp                                                   | CUSIP: 83001AAC6<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |  10244000 | PA      | $10222251.99  | 0.20%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                               | Alphabet Inc                                                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    435565 | NS      | $76759619.95  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADSTREET PARTNERS INC                                   | BROADSTREET PARTNERS INC                                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |  32139422 | PA      | $32170918.35  | 0.63%             | 2031-06-16      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Revvity Inc                                                | Revvity Inc                                                                    | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |   1109953 | NS      | $107354654.16 | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA INC                                                  | IQVIA Inc                                                                      | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   2589000 | PA      | $2668627.28   | 0.05%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson & Co                                      | Becton Dickinson & Co                                                          | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    807393 | NS      | $139073444.25 | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Inc.                             | CCC INTELLIGENT SOLUTIONS INC                                                  | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |   4495019 | PA      | $4494479.95   | 0.09%             | 2032-01-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Storable Inc                                               | STORABLE INC                                                                   | CUSIP: 86210LAD0<br>LEI: 2549000AWFN27KOH3F59 | Long             | LON              | CORP              | US        |   8566537 | PA      | $8550517.69   | 0.17%             | 2031-04-17      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                  | WEC ENERGY GROUP INC                                                           | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -136 | NC      | $-18360.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                                | Hologic Inc                                                                    | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |    243240 | NS      | $15849518.40  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                               | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   8034000 | PA      | $7700148.74   | 0.15%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                                   | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                   | CUSIP: 432891AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3206000 | PA      | $3202387.48   | 0.06%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| USI Inc                                                    | USI INC/NY                                                                     | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |  13183053 | PA      | $13156291.28  | 0.26%             | 2029-11-22      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | NORTHROP GRUMMAN CORP                                                          | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -110 | NC      | $-156200.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                              | Hilton Worldwide Holdings Inc                                                  | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    113527 | NS      | $30236781.18  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                                    | Aon PLC                                                                        | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | GB        |     15400 | NS      | $5494104.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                    | SBA Communications Corp                                                        | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     15800 | NS      | $3710472.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp                                               | Fortive Corp                                                                   | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    362064 | NS      | $18874396.32  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | NORTHROP GRUMMAN CORP                                                          | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -65 | NC      | $-154700.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc                             | GE HealthCare Technologies Inc                                                 | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     57300 | NS      | $4244211.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | RTX CORP                                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -403 | NC      | $-582335.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Funding Inc                                        | AVANTOR FUNDING INC                                                            | CUSIP: 05350NAP9<br>LEI: 5493003VM0XB4U8YD238 | Long             | LON              | CORP              | US        |     71935 | PA      | $72174.84     | 0.00%             | 2027-11-08      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                               | NiSource Inc                                                                   | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |   1993488 | NS      | $80417305.92  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                                   | Korn Ferry                                                                     | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |   3386000 | PA      | $3362317.30   | 0.07%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos Inc                                   | Marsh & McLennan Cos Inc                                                       | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     16000 | NS      | $3498240.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                                                  | Ball Corp                                                                      | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   5380000 | PA      | $5508910.18   | 0.11%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CAPSTONE BORROWER INC                                      | Capstone Borrower Inc                                                          | CUSIP: 140944AB5<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |   2086000 | PA      | $2170947.93   | 0.04%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp                                           | IRB HOLDING CORP                                                               | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   7775241 | PA      | $7772519.43   | 0.15%             | 2027-12-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL                             | Domino's Pizza Master Issuer LLC                                               | CUSIP: 25755TAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2126400 | PA      | $2025456.60   | 0.04%             | 2049-10-25      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | LOCKHEED MARTIN CORP                                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -99 | NC      | $-134640.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                                   | Crowdstrike Holdings Inc                                                       | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    572000 | PA      | $540240.84    | 0.01%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                               | Danaher Corp                                                                   | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    334251 | NS      | $66027942.54  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                                  | L3Harris Technologies Inc                                                      | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      8300 | NS      | $2081972.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIR ISAAC CORP                                            | Fair Isaac Corp                                                                | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2070406.11   | 0.04%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ameren Corp                                                | Ameren Corp                                                                    | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    694258 | NS      | $66676538.32  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                               | Autodesk Inc                                                                   | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    160576 | NS      | $49709512.32  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Filtration Group Corporation                               | FILTRATION GROUP CORP                                                          | CUSIP: 31732FAV8<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |  31835553 | PA      | $31944748.68  | 0.62%             | 2028-10-21      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| USI INC/NY                                                 | USI Inc/NY                                                                     | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |  11814000 | PA      | $12462056.97  | 0.24%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                                      | Six Flags Entertainment Corp                                                   | CUSIP: 83001WAC8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   1844000 | PA      | $1844000.00   | 0.04%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc                                         | Ingersoll Rand Inc                                                             | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    339243 | NS      | $28218232.74  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                        | Ascendis Pharma A/S                                                            | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     23146 | NS      | $3994999.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                           | Duke Energy Corp                                                               | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     22000 | NS      | $2596000.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Mariner Wealth Advisors LLC                                | MARINER WEALTH ADVISORS LLC                                                    | CUSIP: 56846TAD8<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |   3187195 | PA      | $3193824.38   | 0.06%             | 2028-08-18      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                             | Morgan Stanley                                                                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     61274 | NS      | $8631055.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Quartz AcquireCo LLC                                       | QUARTZ ACQUIRECO LLC                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3192621 | PA      | $3200602.85   | 0.06%             | 2030-06-28      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Azalea TopCo Inc                                           | AZALEA TOPCO INC                                                               | CUSIP: 05477JAD3<br>LEI: 549300HC42NZULO53062 | Long             | LON              | CORP              | US        |   9925992 | PA      | $9938399.99   | 0.19%             | 2031-04-30      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                               | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  10025000 | PA      | $10045872.05  | 0.20%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ralliant Corp                                              | Ralliant Corp                                                                  | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120688 | NS      | $5852160.53   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                                        | Cardinal Health Inc                                                            | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     41179 | NS      | $6918072.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE TIME INC                                              | Life Time Inc                                                                  | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   1104000 | PA      | $1121608.80   | 0.02%             | 2031-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                         | VICI Properties LP                                                             | CUSIP: 925650AF0<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   2586000 | PA      | $2644292.91   | 0.05%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                           | AMWINS GROUP INC                                                               | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |  33801828 | PA      | $33807912.83  | 0.66%             | 2032-01-30      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Cytokinetics Inc                                           | Cytokinetics Inc                                                               | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    189560 | NS      | $6263062.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                   | Hilton Domestic Operating Co Inc                                               | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   3928000 | PA      | $4012595.45   | 0.08%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                       | Lockheed Martin Corp                                                           | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     16403 | NS      | $7596885.42   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                     | CCO Holdings LLC / CCO Holdings Capital Corp                                   | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26233000 | PA      | $26157309.93  | 0.51%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                           | Crown Castle Inc                                                               | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   2512000 | PA      | $2534037.50   | 0.05%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                            | L3HARRIS TECHNOLOGIES INC                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -83 | NC      | $-236550.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Informatica LLC                                            | INFORMATICA LLC                                                                | CUSIP: 45673YAL0<br>LEI: 5493007SV33RZV7RPS40 | Long             | LON              | CORP              | US        |   4425206 | PA      | $4440428.38   | 0.09%             | 2028-10-27      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                               | WYNDHAM HOTELS & RESORTS                                                       | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |   2891976 | PA      | $2901779.36   | 0.06%             | 2030-05-24      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| NASDAQ, INC.                                               | ALLIANT ENERGY CORP                                                            | CUSIP: 000000000<br>LEI: 549300L8X1Q78ERXFD06 | N/A              | DE               | CORP              | US        |      -259 | NC      | $-10101.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UKG Inc                                                    | UKG INC                                                                        | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |  15890651 | PA      | $15946585.69  | 0.31%             | 2031-02-10      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                             | Starbucks Corp                                                                 | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    521118 | NS      | $47750042.34  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Penn Series Funds Inc

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer