# EDGAR Filing Document

**Accession Number:** 0000920547
**File Stem:** 0001145549-23-010992
**Filing Date:** 2023-2
**Character Count:** 140306
**Document Hash:** 90c6e45735bec219c39f04a9df94ef66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-010992.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001145549-23-010992

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOUCHSTONE VARIABLE SERIES TRUST
- **CENTRAL INDEX KEY:** 0000920547
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08416
- **FILM NUMBER:** 23673439

**BUSINESS ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202-4203
- **BUSINESS PHONE:** 513-362-8000

**MAIL ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202-4203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SELECT ADVISORS VARIABLE INSURANCE TRUST
- **DATE OF NAME CHANGE:** 19950912

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IFS VARIABLE INSURANCE TRUST
- **DATE OF NAME CHANGE:** 19940318

## Series and Classes Contracts Data

### Touchstone Bond Fund (Series ID: S000059067)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000193690 | Touchstone Bond Fund - Class I |  |
| C000213075 | Class SC                       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Touchstone Variable Series Trust

- **b. Investment Company Act file number:** 811-08416

- **c. CIK number of Registrant:** 0000920547

- **d. LEI of Registrant:** 549300PPYZ5OV9N1T150

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

  - **Street Address 1:** 303 Broadway

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45202

  - **Telephone number:** 8006388194

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

- **a. Name of Series:** Touchstone Variable Series Trust-Touchstone Bond Fund

- **b. EDGAR series identifier (if any):** S000059067

- **c. LEI of Series:** 54930015RF6Y0VBDNM85

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $87795045.73

**Total Liabilities:** $165379.75

**Net Assets:** $87629665.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 16.124358647787 | **1-Year:** 1512.094443925030 | **5-Year:** 10317.469069406108 | **10-Year:** 12306.980513508018 | **30-Year:** 6798.667020371799

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

- **3-Month:** 0.000000000000 | **1-Year:** 15.352307059253 | **5-Year:** 279.418878777580 | **10-Year:** 389.994435527691 | **30-Year:** 62.227137417078

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000193690 | -1.38%               | 4.07%                | -0.16%               |
| Class ID C000213075 | -1.38%               | 3.97%                | -0.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-493884.15              | $-886352.88                                |
| Month 2  | $-285971.15              | $3449904.33                                |
| Month 3  | $-176715.26              | $-233052.14                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| John Deere Capital Corporation                                                       | DE 2.45 01/09/30 MTN                                                                                                                   | CUSIP: 24422EVD8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    298000 | PA      | $257462.72    | 0.29%             | 2030-01-09      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Operating Partnership Lp                                            | INVH 4.15 04/15/32                                                                                                                     | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    362000 | PA      | $317783.41    | 0.36%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc                              | JBSSBZ 4.375 02/02/52 144A                                                                                                             | CUSIP: 46590XAE6<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | LU        |    120000 | PA      | $84581.10     | 0.10%             | 2052-02-02      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc                              | JBSSBZ 2.5 01/15/27 144a                                                                                                               | CUSIP: 46590XAR7<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | LU        |    374000 | PA      | $327145.28    | 0.37%             | 2027-01-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Jpmcc Commercial Mortgage Securities                                                 | JPMCC 2017-JP7 A5                                                                                                                      | CUSIP: 465968AE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    805000 | PA      | $742703.95    | 0.85%             | 2050-09-16      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JACK IN THE BOX FUNDING LLC                                                          | JACK 2022-1A A2I                                                                                                                       | CUSIP: 466365AD5<br>LEI: 5493002OJW26P0SUUP68 | Long             | ABS-O            | CORP              | US        |    295500 | PA      | $256082.07    | 0.29%             | 2052-02-25      | Fixed         | 3.44%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V3.509 01/23/29                                                                                                                    | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    336000 | PA      | $305444.54    | 0.35%             | 2029-01-23      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V2.956 05/13/31                                                                                                                    | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    256000 | PA      | $211546.22    | 0.24%             | 2031-05-13      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.717 09/14/33                                                                                                                    | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    246000 | PA      | $241901.76    | 0.28%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                                           | JPMMT 2017-1 B2                                                                                                                        | CUSIP: 46648CAX2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    479208 | PA      | $397871.15    | 0.45%             | 2047-01-25      | Floating      | 3.45%                 | Yes           |                  2 | On Loan: No      |
| J P Morgan Chase Coml Mtg Secs Tr 2018-Minn                                          | JPMCC 2018-MINN A                                                                                                                      | CUSIP: 46650GAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $334136.92    | 0.38%             | 2035-11-15      | Floating      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST                                                                 | BBCMS 2021-C11 A5                                                                                                                      | CUSIP: 05493MAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $222306.45    | 0.25%             | 2054-09-17      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BATSLN 3.557 08/15/27                                                                                                                  | CUSIP: 05526DBB0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    464000 | PA      | $423881.89    | 0.48%             | 2027-08-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2022-2                                                    | JPMMT 2022-2 A25A                                                                                                                      | CUSIP: 46655DBY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423910 | PA      | $324456.67    | 0.37%             | 2052-08-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| JERSEY MIKES FUNDING LLC                                                             | JMIKE 2019-1A A2                                                                                                                       | CUSIP: 476681AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265990 | PA      | $238768.32    | 0.27%             | 2050-02-15      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Jimmy John's Funding Llc                                                             | JIMMY 2017-1A A2II                                                                                                                     | CUSIP: 47760QAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    151875 | PA      | $139345.46    | 0.16%             | 2047-07-30      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Jimmy John's Funding Llc                                                             | JIMMY 2022-1A A2I                                                                                                                      | CUSIP: 47760QAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    298500 | PA      | $273057.95    | 0.31%             | 2052-04-30      | Fixed         | 4.08%                 | Yes           |                  2 | On Loan: No      |
| The Kroger Co.                                                                       | KR 5 04/15/42                                                                                                                          | CUSIP: 501044CR0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    213000 | PA      | $194328.88    | 0.22%             | 2042-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST                                                                 | BBCMS 2021-C12 A5                                                                                                                      | CUSIP: 05552XBG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    810000 | PA      | $672666.20    | 0.77%             | 2054-11-18      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Bank 2018-Bnk14                                                                      | BANK 2018-BN14 A3                                                                                                                      | CUSIP: 06035RAR7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    675000 | PA      | $633722.81    | 0.72%             | 2060-09-17      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                          | ABBV 4.45 05/14/46                                                                                                                     | CUSIP: 00287YAW9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    283000 | PA      | $244760.56    | 0.28%             | 2046-05-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2015-51 KC                                                                                                                         | CUSIP: 3136APJX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     12060 | PA      | $11246.05     | 0.01%             | 2045-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| 7-Eleven Inc.                                                                        | SVELEV 1.8 02/10/31 144A                                                                                                               | CUSIP: 817826AE0<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    373000 | PA      | $285125.59    | 0.33%             | 2031-02-10      | Fixed         | 1.80%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corporation                                                          | BAC V3.705 04/24/28                                                                                                                    | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231684.25    | 0.26%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                                                          | BAC V2.687 04/22/32                                                                                                                    | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $160599.57    | 0.18%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2017-90 KA                                                                                                                         | CUSIP: 3136AYQK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    225171 | PA      | $209146.99    | 0.24%             | 2047-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2019-35 KB                                                                                                                         | CUSIP: 3136B5GY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    450000 | PA      | $364564.44    | 0.42%             | 2049-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2022-16 KB                                                                                                                         | CUSIP: 3136BMNW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    675000 | PA      | $505679.15    | 0.58%             | 2049-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AH2666                                                                                                                              | CUSIP: 3138A36C6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2003 | PA      | $1956.03      | 0.00%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AH3493                                                                                                                              | CUSIP: 3138A43B9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3943 | PA      | $3850.89      | 0.00%             | 2026-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AL0054                                                                                                                              | CUSIP: 3138EGBY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88122 | PA      | $87446.76     | 0.10%             | 2041-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                     | BMO V3.803 12/15/32                                                                                                                    | CUSIP: 06368BGS1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    335000 | PA      | $295455.97    | 0.34%             | 2032-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                                              | BK V5.834 10/25/33                                                                                                                     | CUSIP: 06406RBM8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    306000 | PA      | $318274.41    | 0.36%             | 2033-10-25      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                                  | BNS V3.625 10/27/81 2                                                                                                                  | CUSIP: 0641598N9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    530000 | PA      | $386635.12    | 0.44%             | 2081-10-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BANK 2022-BNK39                                                                      | BANK 2022-BNK39 A4                                                                                                                     | CUSIP: 06539VAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $309005.39    | 0.35%             | 2055-02-18      | Floating      | 2.93%                 | No            |                  2 | On Loan: No      |
| BANK 2020-BNK26                                                                      | BANK 2020-BN26 A4                                                                                                                      | CUSIP: 06540JBG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $238712.67    | 0.27%             | 2063-03-16      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                         | BACR V2.894 11/24/32                                                                                                                   | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    377000 | PA      | $288239.23    | 0.33%             | 2032-11-24      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AR9195                                                                                                                              | CUSIP: 3138W7GD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    243524 | PA      | $221920.75    | 0.25%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AT2016                                                                                                                              | CUSIP: 3138WPG24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200660 | PA      | $182857.52    | 0.21%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN 725423                                                                                                                              | CUSIP: 31402C4G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    170000 | PA      | $175385.13    | 0.20%             | 2034-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2022-C14                                                        | BBCMS 2022-C14 A5                                                                                                                      | CUSIP: 07336AAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    210000 | PA      | $177760.15    | 0.20%             | 2055-02-18      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Becton, Dickinson and Company                                                        | BDX 4.685 12/15/44                                                                                                                     | CUSIP: 075887BG3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    194000 | PA      | $174081.91    | 0.20%             | 2044-12-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN 725610                                                                                                                              | CUSIP: 31402DDP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150544 | PA      | $155441.35    | 0.18%             | 2034-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BC1158                                                                                                                              | CUSIP: 3140EVJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    157326 | PA      | $146405.23    | 0.17%             | 2046-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN BV4148                                                                                                                              | CUSIP: 3140MHTE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    595619 | PA      | $525977.35    | 0.60%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Finance Corporation                                               | BRK 4.25 01/15/49                                                                                                                      | CUSIP: 084664CR0<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    176000 | PA      | $157979.16    | 0.18%             | 2049-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                               | BWP 4.8 05/03/29                                                                                                                       | CUSIP: 096630AG3<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    333000 | PA      | $314151.50    | 0.36%             | 2029-05-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| The Boeing Company                                                                   | BA 5.805 05/01/50                                                                                                                      | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    153000 | PA      | $142447.84    | 0.16%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN FM5279                                                                                                                              | CUSIP: 3140X82M8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    252342 | PA      | $231537.48    | 0.26%             | 2050-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN FM4996                                                                                                                              | CUSIP: 3140X8RS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    324991 | PA      | $267517.11    | 0.31%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN FM5166                                                                                                                              | CUSIP: 3140X8W45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    301639 | PA      | $266194.10    | 0.30%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN FM5468                                                                                                                              | CUSIP: 3140X9CE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    208072 | PA      | $191149.19    | 0.22%             | 2036-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN FM5682                                                                                                                              | CUSIP: 3140X9J48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    290812 | PA      | $247758.48    | 0.28%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN 889734                                                                                                                              | CUSIP: 31410KPT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3670 | PA      | $3807.87      | 0.00%             | 2037-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AB1149                                                                                                                              | CUSIP: 31416WH39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23875 | PA      | $24198.17     | 0.03%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AB1800                                                                                                                              | CUSIP: 31416XAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23474 | PA      | $22574.77     | 0.03%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA1175                                                                                                                              | CUSIP: 31418AJV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91716 | PA      | $83582.26     | 0.10%             | 2042-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | G2 MA1157                                                                                                                              | CUSIP: 36179NJA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     82460 | PA      | $77800.63     | 0.09%             | 2043-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | G2 AD1745                                                                                                                              | CUSIP: 36180C5E5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137184 | PA      | $122992.94    | 0.14%             | 2043-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA2177                                                                                                                              | CUSIP: 31418BM37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57866 | PA      | $55788.88     | 0.06%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA4166                                                                                                                              | CUSIP: 31418DTY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    352708 | PA      | $319800.87    | 0.36%             | 2040-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA4571                                                                                                                              | CUSIP: 31418ECH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    649057 | PA      | $565360.37    | 0.65%             | 2042-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | G2 4883                                                                                                                                | CUSIP: 36202FM86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     55552 | PA      | $55499.58     | 0.06%             | 2040-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | G2 4853                                                                                                                                | CUSIP: 36202FMA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     73523 | PA      | $71127.25     | 0.08%             | 2040-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AD3795                                                                                                                              | CUSIP: 31418RGD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39830 | PA      | $39410.89     | 0.04%             | 2040-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AD9150                                                                                                                              | CUSIP: 31418XEY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50368 | PA      | $51049.09     | 0.06%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AD9193                                                                                                                              | CUSIP: 31418XGB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101194 | PA      | $102559.55    | 0.12%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | G2 5175                                                                                                                                | CUSIP: 36202FXC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    222874 | PA      | $222662.94    | 0.25%             | 2041-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GN 736696                                                                                                                              | CUSIP: 3620AQNM1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     17451 | PA      | $17308.11     | 0.02%             | 2040-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                 | GM 5.65 01/17/29                                                                                                                       | CUSIP: 37045XCS3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    169000 | PA      | $166179.01    | 0.19%             | 2029-01-17      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                 | GM 3.1 01/12/32                                                                                                                        | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    505000 | PA      | $397098.02    | 0.45%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                              | MPLX 4.95 03/14/52                                                                                                                     | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    251000 | PA      | $206454.03    | 0.24%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Mohawk Industries, Inc.                                                              | MHK 3.625 05/15/30                                                                                                                     | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |    272000 | PA      | $235006.31    | 0.27%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                  | GHANA 7.625 05/16/29 144A                                                                                                              | CUSIP: 374422AG8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    210000 | PA      | $77280.00     | 0.09%             | 2029-05-16      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V3.691 06/05/28                                                                                                                     | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    182000 | PA      | $169080.71    | 0.19%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AE0548                                                                                                                              | CUSIP: 31419ATE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66962 | PA      | $66448.72     | 0.08%             | 2040-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AE4429                                                                                                                              | CUSIP: 31419E4P1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60523 | PA      | $58196.13     | 0.07%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FedEx Corporation                                                                    | FDX 5.1 01/15/44                                                                                                                       | CUSIP: 31428XAW6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    340000 | PA      | $303185.22    | 0.35%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V2.615 04/22/32                                                                                                                     | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    352000 | PA      | $280914.15    | 0.32%             | 2032-04-22      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V3.615 03/15/28                                                                                                                     | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    510000 | PA      | $474617.59    | 0.54%             | 2028-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.297 04/20/37                                                                                                                     | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    252000 | PA      | $231166.47    | 0.26%             | 2037-04-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS 3.95 04/23/27                                                                                                                       | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    311000 | PA      | $294201.17    | 0.34%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                             | EGYPT 7.625 05/29/32 144A                                                                                                              | CUSIP: 03846JX54<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    210000 | PA      | $155085.00    | 0.18%             | 2032-05-29      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Firstenergy Transmission Llc                                                         | FE 5.45 07/15/44 144A                                                                                                                  | CUSIP: 33767BAA7<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    278000 | PA      | $260130.78    | 0.30%             | 2044-07-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Company                                                                   | F 3.25 02/12/32                                                                                                                        | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    202000 | PA      | $151510.16    | 0.17%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Cap I Tst 2018-H3                                                     | MSC 2018-H3 A5                                                                                                                         | CUSIP: 61767YAZ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $335054.01    | 0.38%             | 2051-07-17      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                            | VTRS 4.55 04/15/28                                                                                                                     | CUSIP: 628530BK2<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    234000 | PA      | $217136.57    | 0.25%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management Funds                                             | Dreyfus Government Cash Management Funds SH BEN INT                                                                                    | CUSIP: 262006208<br>LEI: 549300F7IDB6WRO7VJ11 | Long             | STIV             | RF                | US        |    907116 | NS      | $907115.77    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Funding Llc                                                            | HONK 2019-1A A2                                                                                                                        | CUSIP: 26208LAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    697812 | PA      | $637229.81    | 0.73%             | 2049-04-20      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| NGPL Pipe Co LLC                                                                     | NGPLCO 7.768 12/15/37 144A                                                                                                             | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    295000 | PA      | $308203.46    | 0.35%             | 2037-12-15      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Netflix, Inc.                                                                        | NFLX 6.375 05/15/29                                                                                                                    | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    265000 | PA      | $272761.16    | 0.31%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fortis Inc                                                                           | FTSCN 3.055 10/04/26                                                                                                                   | CUSIP: 349553AM9<br>LEI: 549300MQYQ9Y065XPR71 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $78943.11     | 0.09%             | 2026-10-04      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| DRIVEN BRANDS FUNDING LLC                                                            | HONK 2021-1A A2                                                                                                                        | CUSIP: 26209XAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    346500 | PA      | $274618.92    | 0.31%             | 2051-10-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Progress Inc                                                             | DUK 4.15 12/01/44                                                                                                                      | CUSIP: 26442RAD3<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     93000 | PA      | $77934.13     | 0.09%             | 2044-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN CLO 1 LTD                                                               | NMC CLO-1A AR                                                                                                                          | CUSIP: 64755RAN3<br>LEI: 5493000BYT2KQ1EMLL07 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $338451.05    | 0.39%             | 2034-10-16      | Floating      | 3.71%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                       | NY NYCMFH 3.86 02/15/2048                                                                                                              | CUSIP: 64966TFE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $306574.05    | 0.35%             | 2048-02-15      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                             | EDF 4.875 09/21/38 144A                                                                                                                | CUSIP: 268317AV6<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    224000 | PA      | $182968.07    | 0.21%             | 2038-09-21      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Edison International                                                                 | EIX 4.125 03/15/28                                                                                                                     | CUSIP: 281020AM9<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    207000 | PA      | $192362.21    | 0.22%             | 2028-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                        | NGERIA 7.625 11/28/47 144A                                                                                                             | CUSIP: 65412JAB9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    205000 | PA      | $131532.10    | 0.15%             | 2047-11-28      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| ELARA HGV TIMESHARE ISSUER LLC                                                       | EHGVT 2019-A B                                                                                                                         | CUSIP: 28416TAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    268671 | PA      | $246607.37    | 0.28%             | 2034-01-25      | Fixed         | 2.91%                 | Yes           |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                                | ECUA 5.5 07/31/30 144A                                                                                                                 | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |    226000 | PA      | $145220.48    | 0.17%             | 2030-07-31      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corporation                                                         | TFC 2.85 10/26/24 MTN                                                                                                                  | CUSIP: 05531FBB8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    210000 | PA      | $202583.43    | 0.23%             | 2024-10-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SunTrust Capital I                                                                   | TFC F 05/15/27 A                                                                                                                       | CUSIP: 86787XAA3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    518000 | PA      | $480046.93    | 0.55%             | 2027-05-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Toll Brothers Finance Corp.                                                          | TOL 3.8 11/01/29                                                                                                                       | CUSIP: 88947EAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358000 | PA      | $306016.85    | 0.35%             | 2029-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                                            | TD 1.15 06/12/25 MTN                                                                                                                   | CUSIP: 89114QCH9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    304000 | PA      | $277311.47    | 0.32%             | 2025-06-12      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc.                                                                      | WBD 4.279 03/15/32 144A                                                                                                                | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    218000 | PA      | $179821.70    | 0.21%             | 2032-03-15      | Fixed         | 4.28%                 | Yes           |                  2 | On Loan: No      |
| Magallanes Inc.                                                                      | WBD 5.141 03/15/52 144A                                                                                                                | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    218000 | PA      | $159252.73    | 0.18%             | 2052-03-15      | Fixed         | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 2.987 10/30/56                                                                                                                      | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    339000 | PA      | $208203.70    | 0.24%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                             | LLOYDS V3.574 11/07/28                                                                                                                 | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    343000 | PA      | $309388.38    | 0.35%             | 2028-11-07      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Lowes Companies, Inc.                                                                | LOW 4.5 04/15/30                                                                                                                       | CUSIP: 548661DU8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    308000 | PA      | $295962.73    | 0.34%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                             | V 4.15 12/14/35                                                                                                                        | CUSIP: 92826CAE2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    220000 | PA      | $208496.46    | 0.24%             | 2035-12-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Washington Mut Mtg                                                                   | WMALT 2005-9 2A4                                                                                                                       | CUSIP: 93934FEQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     22449 | PA      | $20037.36     | 0.02%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mc Brazil Downstream Trading Sarl                                                    | MCBRAC 7.25 06/30/31 144A                                                                                                              | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    193000 | PA      | $159193.17    | 0.18%             | 2031-06-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLIX LTD                                                        | MDPK 2021-49A B1                                                                                                                       | CUSIP: 55820VAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    375000 | PA      | $359096.63    | 0.41%             | 2034-10-19      | Floating      | 4.44%                 | Yes           |                  2 | On Loan: No      |
| Mars Inc. (Del)                                                                      | MARS 3.875 04/01/39 144A                                                                                                               | CUSIP: 571676AD7<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    336000 | PA      | $286657.43    | 0.33%             | 2039-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MasterCard Incorporated                                                              | MA 2 11/18/31                                                                                                                          | CUSIP: 57636QAU8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    374000 | PA      | $301283.74    | 0.34%             | 2031-11-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Weir Group PLC                                                                       | WEIRLN 2.2 05/13/26 144A                                                                                                               | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    423000 | PA      | $375576.67    | 0.43%             | 2026-05-13      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2019-C53                                       | WFCM 2019-C53 A4                                                                                                                       | CUSIP: 95002BAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $611524.13    | 0.70%             | 2052-10-18      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Microsoft Corporation                                                                | MSFT 3.5 02/12/35                                                                                                                      | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    148000 | PA      | $134437.13    | 0.15%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Incorporated                                                    | MCHP 0.983 09/01/24                                                                                                                    | CUSIP: 595017BC7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    370000 | PA      | $342759.46    | 0.39%             | 2024-09-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| Westvaco Corporation                                                                 | WRK 8.2 01/15/30                                                                                                                       | CUSIP: 961548AV6<br>LEI: 4DL8C98Z5G5IXZLH3578 | Long             | DBT              | CORP              | US        |    202000 | PA      | $228336.21    | 0.26%             | 2030-01-15      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                                                | WEC V0 05/15/67                                                                                                                        | CUSIP: 976657AH9<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    562000 | PA      | $470135.48    | 0.54%             | 2067-05-15      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc.                                                               | MU 2.703 04/15/32                                                                                                                      | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    202000 | PA      | $152272.37    | 0.17%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc.                                                               | MU 6.75 11/01/29                                                                                                                       | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     82000 | PA      | $83579.19     | 0.10%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Midwest Connector Capital Company LLC                                                | MWXCAP 3.9 04/01/24 144A                                                                                                               | CUSIP: 59833CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    248000 | PA      | $240202.96    | 0.27%             | 2024-04-01      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST                                                        | MCMLT 2018-3 M3                                                                                                                        | CUSIP: 59980XAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    289383 | PA      | $240211.71    | 0.27%             | 2058-08-25      | Floating      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| CMS Energy Corporation                                                               | CMS V4.75 06/01/50                                                                                                                     | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    342000 | PA      | $295816.07    | 0.34%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CNH Industrial Capital LLC                                                           | CNHI 1.45 07/15/26                                                                                                                     | CUSIP: 12592BAM6<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    384000 | PA      | $339264.49    | 0.39%             | 2026-07-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 6.484 10/23/45                                                                                                                    | CUSIP: 161175BA1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    293000 | PA      | $265350.43    | 0.30%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                                  | LNG 4.625 10/15/28                                                                                                                     | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    394000 | PA      | $356146.81    | 0.41%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Chile (Republic of)                                                                  | CHILE 3.1 01/22/61                                                                                                                     | CUSIP: 168863DQ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    306000 | PA      | $190021.86    | 0.22%             | 2061-01-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Chile (Republic of)                                                                  | CHILE 3.1 05/07/41                                                                                                                     | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    202000 | PA      | $144829.18    | 0.17%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C 3.2 10/21/26                                                                                                                         | CUSIP: 172967KY6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    225000 | PA      | $208384.80    | 0.24%             | 2026-10-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V0.981 05/01/25                                                                                                                      | CUSIP: 172967MX6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    323000 | PA      | $302328.93    | 0.35%             | 2025-05-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST                                                  | CGCMT 2020-GC46 A5                                                                                                                     | CUSIP: 17328RAZ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $211531.15    | 0.24%             | 2053-02-18      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic of)                                                               | COLOM 3.25 04/22/32                                                                                                                    | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    206000 | PA      | $149765.08    | 0.17%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Citizens Bank National Association                                                   | CFG V4.575 08/09/28                                                                                                                    | CUSIP: 75524KPG3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |    314000 | PA      | $303612.43    | 0.35%             | 2028-08-09      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Indymac MBS Inc                                                                      | RAST 2006-A1 1A3                                                                                                                       | CUSIP: 45660L6K0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     76629 | PA      | $36828.60     | 0.04%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PNC Capital Trust C                                                                  | PNC F 06/01/28                                                                                                                         | CUSIP: 69349AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    326000 | PA      | $300533.78    | 0.34%             | 2028-06-01      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Pemex Project Funding Master Trust                                                   | PEMEX 6.625 06/15/35                                                                                                                   | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    206000 | PA      | $149535.54    | 0.17%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Incorporation                                                         | PLNT 2018-1A A2II                                                                                                                      | CUSIP: 72703PAB9<br>LEI: 549300LLE5HUPF6H8G33 | Long             | ABS-O            | CORP              | US        |    411725 | PA      | $385484.53    | 0.44%             | 2048-09-05      | Fixed         | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Planet Fitness Incorporation                                                         | PLNT 2022-1A A2I                                                                                                                       | CUSIP: 72703PAD5<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    297750 | PA      | $258781.67    | 0.30%             | 2051-12-05      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| The Procter & Gamble Company                                                         | PG 1.2 10/29/30                                                                                                                        | CUSIP: 742718FM6<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     92000 | PA      | $72415.91     | 0.08%             | 2030-10-29      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                                           | PRU V5.125 03/01/52                                                                                                                    | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    345000 | PA      | $313950.00    | 0.36%             | 2052-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                                                  | O 4.6 02/06/24                                                                                                                         | CUSIP: 756109BD5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248397.46    | 0.28%             | 2024-02-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                               | ROP 2.95 09/15/29                                                                                                                      | CUSIP: 776743AG1<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    197000 | PA      | $171089.79    | 0.20%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Poland (Republic of)                                                                 | POLAND 5.75 11/16/32                                                                                                                   | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    220000 | PA      | $234103.32    | 0.27%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BPR TRUST 2021-KEN                                                                   | BPR 2021-KEN B                                                                                                                         | CUSIP: 05591QAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $485408.65    | 0.55%             | 2029-02-15      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance B V                                                      | BRASKM 4.5 01/31/30 144A                                                                                                               | CUSIP: 10554TAD7<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    206000 | PA      | $175374.89    | 0.20%             | 2030-01-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance B V                                                      | BRASKM 5.875 01/31/50 144A                                                                                                             | CUSIP: 10554TAE5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    176000 | PA      | $136332.06    | 0.16%             | 2050-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| British Telecommunications PLC                                                       | BRITEL 3.25 11/08/29 144A                                                                                                              | CUSIP: 11102AAE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    355000 | PA      | $303260.54    | 0.35%             | 2029-11-08      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                                         | UZBEK 3.7 11/25/30 144A                                                                                                                | CUSIP: 91822Q2C0<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    200000 | PA      | $167105.60    | 0.19%             | 2030-11-25      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Broadcom Inc                                                                         | AVGO 4.15 11/15/30                                                                                                                     | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    432000 | PA      | $387635.02    | 0.44%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Brunswick Corporation                                                                | BC 4.4 09/15/32                                                                                                                        | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    316000 | PA      | $267668.29    | 0.31%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                     | BNSF 5.75 05/01/40                                                                                                                     | CUSIP: 12189LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    272000 | PA      | $286170.05    | 0.33%             | 2040-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                              | SORT 2020-1 A1                                                                                                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    227075 | PA      | $202839.98    | 0.23%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| Canadian Natural Resources Limited                                                   | CNQCN 6.25 03/15/38                                                                                                                    | CUSIP: 136385AL5<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    227000 | PA      | $225708.88    | 0.26%             | 2038-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Carrier Global Corporation                                                           | CARR 3.577 04/05/50                                                                                                                    | CUSIP: 14448CAS3<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $143607.84    | 0.16%             | 2050-04-05      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                             | CE 6.165 07/15/27                                                                                                                      | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    328000 | PA      | $323984.32    | 0.37%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                                   | CVECN 5.25 06/15/37                                                                                                                    | CUSIP: 15135UAP4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    207000 | PA      | $189414.86    | 0.22%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP Funding LLC                                                               | NXPI 5.35 03/01/26                                                                                                                     | CUSIP: 62947QBB3<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |    328000 | PA      | $326461.26    | 0.37%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW 1.15 05/13/26                                                                                                                     | CUSIP: 808513BR5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    464000 | PA      | $412786.94    | 0.47%             | 2026-05-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW V5 PERP                                                                                                                           | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    230000 | PA      | $209989.65    | 0.24%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corporation                                                         | NSC 4.837 10/01/41                                                                                                                     | CUSIP: 655844BH0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    243000 | PA      | $224455.78    | 0.26%             | 2041-10-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corporation                                                           | NTRS 6.125 11/02/32                                                                                                                    | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    296000 | PA      | $313143.72    | 0.36%             | 2032-11-02      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp                                                          | GSMS 2017-FARM B                                                                                                                       | CUSIP: 36254XAE4<br>LEI: CU46ESEFJB81SUVBJO28 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $210899.50    | 0.24%             | 2043-01-12      | Floating      | 3.79%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Corp                                                          | GSMS 2017-SLP B                                                                                                                        | CUSIP: 36255MAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $365025.75    | 0.42%             | 2032-10-12      | Fixed         | 3.77%                 | Yes           |                  2 | On Loan: No      |
| Northwestern Mutual Life Insurance Co.                                               | NWMLIC 3.85 09/30/47 144A                                                                                                              | CUSIP: 668138AA8<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |    395000 | PA      | $303509.72    | 0.35%             | 2047-09-30      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| Ohio Power Company                                                                   | AEP 2.9 10/01/51 R                                                                                                                     | CUSIP: 677415CU3<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    338000 | PA      | $221929.59    | 0.25%             | 2051-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST                                                         | GSMS 2020-GC47 A5                                                                                                                      | CUSIP: 36258RBA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390000 | PA      | $322772.19    | 0.37%             | 2053-05-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                                                  | GSMBS 2021-PJ6 A2                                                                                                                      | CUSIP: 36262LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    284335 | PA      | $228645.60    | 0.26%             | 2051-11-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| HONO 2021-LULU MORTGAGE TRUST                                                        | HONO 2021-LULU B                                                                                                                       | CUSIP: 40390MAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    210000 | PA      | $196858.05    | 0.22%             | 2036-12-15      | Floating      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 5.375 09/01/26                                                                                                                     | CUSIP: 404121AH8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    322000 | PA      | $318706.25    | 0.36%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Oracle Corporation                                                                   | ORCL 4.3 07/08/34                                                                                                                      | CUSIP: 68389XAV7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     94000 | PA      | $82714.34     | 0.09%             | 2034-07-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Oracle Corporation                                                                   | ORCL 2.65 07/15/26                                                                                                                     | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    174000 | PA      | $160123.41    | 0.18%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Oracle Corporation                                                                   | ORCL 3.6 04/01/40                                                                                                                      | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    120000 | PA      | $89195.70     | 0.10%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                     | PCG 3.5 08/01/50                                                                                                                       | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    372000 | PA      | $235074.40    | 0.27%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC 3.9 05/25/26                                                                                                                      | CUSIP: 404280BB4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    205000 | PA      | $195472.76    | 0.22%             | 2026-05-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc                                                                       | HD 5.95 04/01/41                                                                                                                       | CUSIP: 437076AV4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    227000 | PA      | $247781.91    | 0.28%             | 2041-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PacifiCorp.                                                                          | BRKHEC 5.75 04/01/37                                                                                                                   | CUSIP: 695114CD8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    127000 | PA      | $129666.98    | 0.15%             | 2037-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corporation                                                          | PH 4.25 09/15/27                                                                                                                       | CUSIP: 701094AR5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    334000 | PA      | $324424.50    | 0.37%             | 2027-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts, L.P.                                                          | HST 4.5 02/01/26 F                                                                                                                     | CUSIP: 44107TAW6<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    338000 | PA      | $324272.78    | 0.37%             | 2026-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Incorporated                                                   | HBAN 2.55 02/04/30                                                                                                                     | CUSIP: 446150AS3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    349000 | PA      | $287892.02    | 0.33%             | 2030-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 4.95 05/19/50                                                                                                                     | CUSIP: 92556HAC1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $73216.64     | 0.08%             | 2050-05-19      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                              | HYNMTR 2.65 02/10/25 144A                                                                                                              | CUSIP: 44891ABF3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    316000 | PA      | $297348.57    | 0.34%             | 2025-02-10      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| Imperial Brands Finance Plc                                                          | IMBLN 6.125 07/27/27 144A                                                                                                              | CUSIP: 45262BAF0<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    227000 | PA      | $226232.93    | 0.26%             | 2027-07-27      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                        | USB V4.967 07/22/33                                                                                                                    | CUSIP: 91159HJG6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    330000 | PA      | $314159.23    | 0.36%             | 2033-07-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 1.75 08/15/41                                                                                                                        | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1535000 | PA      | $1058250.58   | 1.21%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.125 02/15/52                                                                                                                     | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2274898 | PA      | $1473084.99   | 1.68%             | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 2.375 02/15/42                                                                                                                       | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1995000 | PA      | $1534123.84   | 1.75%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 2.875 05/15/52                                                                                                                       | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    139000 | PA      | $112416.25    | 0.13%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                             | T 4.5 05/15/35                                                                                                                         | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    238000 | PA      | $216724.84    | 0.25%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Aercap Ireland Capital DAC                                                           | AER 2.45 10/29/26                                                                                                                      | CUSIP: 00774MAV7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    400000 | PA      | $350188.49    | 0.40%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 4 11/15/52                                                                                                                           | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1295000 | PA      | $1308354.69   | 1.49%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | XIT 4 11/15/42                                                                                                                         | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1640000 | PA      | $1616168.75   | 1.84%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Agate Bay Mortgage Trust 2013-1                                                      | ABMT 2013-1 B3                                                                                                                         | CUSIP: 008414AF1<br>LEI: 549300FEDPP088KAOR45 | Long             | ABS-O            | CORP              | US        |     58195 | PA      | $54401.38     | 0.06%             | 2043-07-25      | Floating      | 3.56%                 | Yes           |                  2 | On Loan: No      |
| Agate Bay Mortgage Trust                                                             | ABMT 2015-4 B2                                                                                                                         | CUSIP: 00842ACC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    291931 | PA      | $270598.25    | 0.31%             | 2045-06-25      | Floating      | 3.52%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 1.5 01/31/27                                                                                                                         | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3670000 | PA      | $3318052.73   | 3.79%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 0.75 05/31/26                                                                                                                        | CUSIP: 91282CCF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3685000 | PA      | $3290445.91   | 3.75%             | 2026-05-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG G03217                                                                                                                              | CUSIP: 3128M44A8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10320 | PA      | $10458.29     | 0.01%             | 2037-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG G03781                                                                                                                              | CUSIP: 3128M5RA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4863 | PA      | $5037.93      | 0.01%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Agate Bay Mortgage Trust                                                             | ABMT 2015-7 B1                                                                                                                         | CUSIP: 00842CAS4<br>LEI: 549300LK2ZDVY7I44B84 | Long             | ABS-O            | CORP              | US        |    295905 | PA      | $267886.71    | 0.31%             | 2045-10-25      | Floating      | 3.65%                 | Yes           |                  2 | On Loan: No      |
| Alcon Finance Corp                                                                   | ALCSW 3.8 09/23/49 144A                                                                                                                | CUSIP: 01400EAC7<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |    232000 | PA      | $177425.25    | 0.20%             | 2049-09-23      | Fixed         | 3.80%                 | Yes           |                  2 | On Loan: No      |
| The Allstate Corporation                                                             | ALL V5.75 08/15/53 B                                                                                                                   | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    319000 | PA      | $299860.00    | 0.34%             | 2053-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP 2.25 03/04/25                                                                                                                      | CUSIP: 025816CQ0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    280000 | PA      | $264415.16    | 0.30%             | 2025-03-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 1.875 02/15/32                                                                                                                       | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4545000 | PA      | $3869286.31   | 4.42%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 2.75 08/15/32                                                                                                                        | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3647000 | PA      | $3333016.09   | 3.80%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc                    | ABIBB 4.9 02/01/46 *                                                                                                                   | CUSIP: 03522AAJ9<br>LEI: 5493002J2SVENP0PVK27 | Long             | DBT              | CORP              | US        |    272000 | PA      | $249297.55    | 0.28%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                           | AAPL 4.65 02/23/46                                                                                                                     | CUSIP: 037833BX7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    234000 | PA      | $221824.92    | 0.25%             | 2046-02-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.375 10/31/24                                                                                                                       | CUSIP: 91282CFQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2055000 | PA      | $2050103.33   | 2.34%             | 2024-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.125 11/15/32                                                                                                                       | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    132000 | PA      | $135196.88    | 0.15%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG G05624                                                                                                                              | CUSIP: 3128M7SM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    194535 | PA      | $193188.21    | 0.22%             | 2039-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG A95946                                                                                                                              | CUSIP: 312944TB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41788 | PA      | $40225.45     | 0.05%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                           | AAPL 2.75 01/13/25                                                                                                                     | CUSIP: 037833DF4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    344000 | PA      | $331460.30    | 0.38%             | 2025-01-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corporation                                                             | ARCC 3.25 07/15/25                                                                                                                     | CUSIP: 04010LAY9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    283000 | PA      | $260616.85    | 0.30%             | 2025-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                              | UNH 3.5 08/15/39                                                                                                                       | CUSIP: 91324PDT6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    312000 | PA      | $256332.71    | 0.29%             | 2039-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG A96485                                                                                                                              | CUSIP: 312945F29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28820 | PA      | $28548.76     | 0.03%             | 2041-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FR SD0881                                                                                                                              | CUSIP: 3132DM6S9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    622067 | PA      | $528639.47    | 0.60%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG Q29260                                                                                                                              | CUSIP: 3132M95V2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    120030 | PA      | $115242.56    | 0.13%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FG Q29056                                                                                                                              | CUSIP: 3132M9WR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    266589 | PA      | $255954.18    | 0.29%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc.                                                                 | AHTLN 4 05/01/28 144A                                                                                                                  | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    306000 | PA      | $279811.04    | 0.32%             | 2028-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Bahamas (Commonwealth of)                                                            | BAHAMA 6 11/21/28 144A                                                                                                                 | CUSIP: 056732AJ9<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    210000 | PA      | $160147.74    | 0.18%             | 2028-11-21      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FR QD2143                                                                                                                              | CUSIP: 3133AYLY4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    568610 | PA      | $464295.59    | 0.53%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FHR 4991 HB                                                                                                                            | CUSIP: 3137FUUM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    230000 | PA      | $165925.52    | 0.19%             | 2050-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                                               | FHR 5178 CV                                                                                                                            | CUSIP: 3137H53J4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    725000 | PA      | $538639.48    | 0.61%             | 2040-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America Inc                                                    | AMCR 2.63 06/19/30                                                                                                                     | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    272000 | PA      | $221738.80    | 0.25%             | 2030-06-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Enable Midstream Partners LP                                                         | ET 4.15 09/15/29                                                                                                                       | CUSIP: 292480AM2<br>LEI: 549300TLGDBYE711G509 | Long             | DBT              | CORP              | US        |    395000 | PA      | $357732.71    | 0.41%             | 2029-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Equinix, Inc.                                                                        | EQIX 2.9 11/18/26                                                                                                                      | CUSIP: 29444UBD7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    236000 | PA      | $215865.25    | 0.25%             | 2026-11-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| EverBank Mortgage Loan Trust                                                         | EVER 2013-1 B1                                                                                                                         | CUSIP: 29977JAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36403 | PA      | $35490.34     | 0.04%             | 2043-03-25      | Floating      | 3.48%                 | Yes           |                  2 | On Loan: No      |
| EverBank Mortgage Loan Trust                                                         | EVER 2018-1 B2                                                                                                                         | CUSIP: 29978CCC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    412759 | PA      | $346936.82    | 0.40%             | 2048-02-25      | Floating      | 3.58%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN 561741                                                                                                                              | CUSIP: 31386FBJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2741 | PA      | $2824.46      | 0.00%             | 2031-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust 2015-Dc1                                                   | COMM 2015-DC1 A5                                                                                                                       | CUSIP: 12629NAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390000 | PA      | $371451.87    | 0.42%             | 2048-02-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                                                  | COMM 2014-CR14 A2                                                                                                                      | CUSIP: 12630DAV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    333876 | PA      | $330470.70    | 0.38%             | 2047-02-12      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Commercial Mortgage Trust                                              | CSMC 2013-IVR3 B2                                                                                                                      | CUSIP: 12646XAX0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    167739 | PA      | $160443.57    | 0.18%             | 2043-05-25      | Floating      | 3.40%                 | Yes           |                  2 | On Loan: No      |
| Credit Suisse Mortgage Capital LLC                                                   | CSMC 2015-WIN1 B3                                                                                                                      | CUSIP: 12649KAW7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    136601 | PA      | $125607.93    | 0.14%             | 2044-12-25      | Floating      | 3.78%                 | Yes           |                  2 | On Loan: No      |
| Csmc Tr                                                                              | CSMC 2015-1 B3                                                                                                                         | CUSIP: 12649NAU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215625 | PA      | $197891.04    | 0.23%             | 2045-01-25      | Floating      | 3.91%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 5.125 07/20/45                                                                                                                     | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    240000 | PA      | $217771.17    | 0.25%             | 2045-07-20      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Comcast Corporation                                                                  | CMCSA 4 03/01/48                                                                                                                       | CUSIP: 20030NCK5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    243000 | PA      | $194237.28    | 0.22%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CommonSpirit Health                                                                  | CATMED 4.187 10/01/49                                                                                                                  | CUSIP: 20268JAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    263000 | PA      | $206277.92    | 0.24%             | 2049-10-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Continental Resources, Inc.                                                          | CLR 5.75 01/15/31 144A                                                                                                                 | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186235.37    | 0.21%             | 2031-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Corestates Capital III                                                               | WFC F 02/15/27 144A                                                                                                                    | CUSIP: 21869MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    393000 | PA      | $366043.34    | 0.42%             | 2027-02-15      | Floating      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Credit Suisse AG New York Branch                                                     | CS 3.7 02/21/25                                                                                                                        | CUSIP: 22550L2H3<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $230680.33    | 0.26%             | 2025-02-21      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                    | CCI 3.65 09/01/27                                                                                                                      | CUSIP: 22822VAH4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    361000 | PA      | $335845.15    | 0.38%             | 2027-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| DH Europe Finance II SARL                                                            | DHR 3.25 11/15/39                                                                                                                      | CUSIP: 23291KAJ4<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |    293000 | PA      | $235576.73    | 0.27%             | 2039-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Dbubs 2017 Brbk                                                                      | DBUBS 2017-BRBK B                                                                                                                      | CUSIP: 23305JAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    360000 | PA      | $328807.12    | 0.38%             | 2034-10-12      | Floating      | 3.53%                 | Yes           |                  2 | On Loan: No      |
| DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2022-2                                          | DRMT 2022-2 A1                                                                                                                         | CUSIP: 24380XAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    364313 | PA      | $342761.64    | 0.39%             | 2067-03-25      | Floating      | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Alt-A Secs Inc                                                              | DBALT 2003-2XS A6                                                                                                                      | CUSIP: 251510AW3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       202 | PA      | $194.62       | 0.00%             | 2033-09-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank U.A.                                                           | RABOBK V1.106 02/24/27 144A                                                                                                            | CUSIP: 74977RDK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    318000 | PA      | $278107.81    | 0.32%             | 2027-02-24      | Fixed         | 1.11%                 | Yes           |                  2 | On Loan: No      |
| Sabra Health Care Ltd Partnership / Sabra Capital Corp                               | SBRA 5.125 08/15/26                                                                                                                    | CUSIP: 14162VAB2<br>LEI: 5493001YP3WEETKSV608 | Long             | DBT              | CORP              | US        |    290000 | PA      | $276395.35    | 0.32%             | 2026-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                      | SBATOW 6.599 01/15/28 144A                                                                                                             | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    336000 | PA      | $337066.20    | 0.38%             | 2052-11-15      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                                            | SGCMS 2019-787E A                                                                                                                      | CUSIP: 78426RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    675000 | PA      | $586697.51    | 0.67%             | 2041-02-15      | Fixed         | 4.16%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mtg Trust                                                                    | SEMT 2013-5 B1                                                                                                                         | CUSIP: 81745AAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     77695 | PA      | $71979.77     | 0.08%             | 2043-05-25      | Floating      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mtg Trust                                                                    | SEMT 2013-10 B2                                                                                                                        | CUSIP: 81745GAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     54991 | PA      | $51672.89     | 0.06%             | 2043-08-25      | Floating      | 3.53%                 | Yes           |                  2 | On Loan: No      |
| Sequoia Mtg Trust                                                                    | .SEMT2 2018-CH3 B1B                                                                                                                    | CUSIP: 81746WCE6<br>LEI: 549300FECQ7XLTBL1027 | Long             | ABS-O            | CORP              | US        |    444875 | PA      | $401585.63    | 0.46%             | 2048-08-25      | Floating      | 4.76%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bancorp.                                                                        | U.S. Bancorp. DEPOSITARY SHARES EACH REPRESENTING A 1/1,000TH INTEREST IN A SHARE OF SERIES L NON-CUMULATIVE PERPETUAL PREFERRED STOCK | CUSIP: 902973734<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      1055 | NS      | $16352.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mtg Trust                                                                    | SEMT 2018-CH3 B2B                                                                                                                      | CUSIP: 81746WCG1<br>LEI: 549300FECQ7XLTBL1027 | Long             | ABS-O            | CORP              | US        |    403168 | PA      | $363936.97    | 0.42%             | 2048-08-25      | Floating      | 4.76%                 | Yes           |                  2 | On Loan: No      |
| The Sherwin-Williams Company                                                         | SHW 4.5 06/01/47                                                                                                                       | CUSIP: 824348AX4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    301000 | PA      | $254508.18    | 0.29%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Starbucks Corporation                                                                | SBUX 3.35 03/12/50                                                                                                                     | CUSIP: 855244AX7<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    164000 | PA      | $116729.41    | 0.13%             | 2050-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp.                                                                  | STOR 4.5 03/15/28                                                                                                                      | CUSIP: 862121AA8<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |     96000 | PA      | $86727.80     | 0.10%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp.                                                                  | STOR 4.625 03/15/29                                                                                                                    | CUSIP: 862121AB6<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |    188000 | PA      | $168929.91    | 0.19%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                   | TMUS 3.875 04/15/30                                                                                                                    | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    335000 | PA      | $304250.38    | 0.35%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TAL ADVANTAGE VII LLC                                                                | TAL 2020-1A A                                                                                                                          | CUSIP: 87407RAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    252038 | PA      | $221291.62    | 0.25%             | 2045-09-20      | Fixed         | 2.05%                 | Yes           |                  2 | On Loan: No      |
| Ishares Trust                                                                        | Ishares Trust J.P. MORGAN USD EMERG MKTS                                                                                               | CUSIP: 464288281<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     45431 | NS      | $3843008.29   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** Touchstone Variable Series Trust

**Signature:** Terrie A. Wiedenheft

**Name of Signer:** Terrie A. Wiedenheft

**Title:** Controller & Treasurer