# EDGAR Filing Document

**Accession Number:** 0001131013
**File Stem:** 0002066578-25-000496
**Filing Date:** 2025-8
**Character Count:** 70729
**Document Hash:** fd41709cdfcd4a06ac706c7074cc45e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-000496.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0002066578-25-000496

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GuideStone Funds
- **CENTRAL INDEX KEY:** 0001131013

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10263
- **FILM NUMBER:** 251256365

**BUSINESS ADDRESS:**
- **STREET 1:** 5005 LYNDON B. JOHNSON FREEWAY
- **STREET 2:** SUITE 2200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75244-6152
- **BUSINESS PHONE:** 214-720-2148

**MAIL ADDRESS:**
- **STREET 1:** 5005 LYNDON B. JOHNSON FREEWAY
- **STREET 2:** SUITE 2200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75244-6152

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AB FUNDS TRUST/DE
- **DATE OF NAME CHANGE:** 20010405

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ANNUITY BOARD FUNDS TRUST
- **DATE OF NAME CHANGE:** 20010102

## Series and Classes Contracts Data

### Impact Bond Fund (Series ID: S000079509)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000240563 | Investor      | GMBZX           |
| C000240564 | Institutional | GMBYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** GuideStone Funds

- **b. Investment Company Act file number:** 811-10263

- **c. CIK number of Registrant:** 0001131013

- **d. LEI of Registrant:** 5493004CCGXMXJDWX424

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

  - **Street Address 1:** 5005 LBJ Freeway, Ste. 2200

  - **City:** Dallas

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75244

  - **Telephone number:** 214-720-1170

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

- **a. Name of Series:** Impact Bond Fund

- **b. EDGAR series identifier (if any):** S000079509

- **c. LEI of Series:** 549300WGHIAVDATCNR72

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $93509926.78

**Total Liabilities:** $3918782.06

**Net Assets:** $89591144.72

**Delayed Delivery Securities:** $3795126.95

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 73.146908522520 | **1-Year:** 2495.878535915487 | **5-Year:** 11367.683953170434 | **10-Year:** 11698.385907505998 | **30-Year:** 215.848652054347

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

- **3-Month:** 51.493375921850 | **1-Year:** 243.197788311443 | **5-Year:** 329.756393161749 | **10-Year:** 10.135511869558 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240563 | -0.08%               | -0.91%               | 1.35%                |
| Class ID C000240564 | -0.06%               | -0.99%               | 1.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-91003.85               | $-299036.13                                |
| Month 2  | $1259.77                 | $-1137980.44                               |
| Month 3  | $-56960.20               | $948464.48                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United States Treasury Bonds                       | T 3.625 08/15/43                    | CUSIP: 912810RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2875000 | PA      | $2474296.88   | 2.76%             | 2043-08-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COOF LN GP 0.48% IO                                | COOF LN GP 0.48% IO                 | CUSIP: 12699QBH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    473174 | PA      | $4696.77      | 0.01%             | 2046-01-15      | Fixed         | 0.48%                 | No            |                  3 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                | NEE 2.44 01/15/32                   | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    980000 | PA      | $851741.88    | 0.95%             | 2032-01-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB3052                           | CUSIP: 3140QNMA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    520952 | PA      | $451836.18    | 0.50%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA6108                           | CUSIP: 3133KMYD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1392514 | PA      | $1256738.56   | 1.40%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB3227                           | CUSIP: 3140QNSR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.03         | 0.00%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA7454                           | CUSIP: 3133KPH76<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    430127 | PA      | $401036.44    | 0.45%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 3.625 02/15/53                    | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $489984.37    | 0.55%             | 2053-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COOF LN GP 1.23% IO                                | COOF LN GP 1.23% IO                 | CUSIP: 12699QJE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    328955 | PA      | $7758.73      | 0.01%             | 2031-06-15      | Fixed         | 1.23%                 | No            |                  3 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA6760                           | CUSIP: 3133KNQM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    397214 | PA      | $344599.33    | 0.38%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB2797                           | CUSIP: 3140QNDB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    382522 | PA      | $334090.55    | 0.37%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA6801                           | CUSIP: 3133KNRW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    178293 | PA      | $155258.06    | 0.17%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB3764                           | CUSIP: 3140QPFE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    458871 | PA      | $427789.08    | 0.48%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB4272                           | CUSIP: 3140QPXA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    340416 | PA      | $326456.34    | 0.36%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 3 08/15/52                        | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2125000 | PA      | $1534565.44   | 1.71%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB5166                           | CUSIP: 3140QQW43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    214678 | PA      | $219397.50    | 0.24%             | 2052-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                       | T 3.875 04/30/30                    | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1350000 | PA      | $1355589.84   | 1.51%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Small Business Administration                      | SBA 530018                          | CUSIP: 8316A0AU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    327441 | PA      | $355835.47    | 0.40%             | 2046-08-25      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                       | T 4.625 02/15/35                    | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2175000 | PA      | $2244667.97   | 2.51%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4.625 02/15/55                    | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1925000 | PA      | $1874468.75   | 2.09%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4.5 02/15/36                      | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1230000 | PA      | $1262431.64   | 1.41%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| SANTA CLARA VY CALIF WTR DIST                      | CA SCVWTR 1.78 06/01/2031           | CUSIP: 80168FPD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $380575.05    | 0.42%             | 2031-06-01      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| LUMINACE ABS ISSUER LLC 2022-1                     | BREN 2022-1 B                       | CUSIP: 55026CAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    711407 | PA      | $680291.78    | 0.76%             | 2062-07-31      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB4767                           | CUSIP: 3140QQJM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    420666 | PA      | $414484.72    | 0.46%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB4966                           | CUSIP: 3140QQQU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    464454 | PA      | $466374.19    | 0.52%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR QE6510                           | CUSIP: 3133BGGT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    263536 | PA      | $252701.46    | 0.28%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NARRAGANSETT R I BAY COMMN REV                     | RI NARPOL 2.09 09/01/2030           | CUSIP: 631060CR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $451351.83    | 0.50%             | 2030-09-01      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                   | CA CASMED 1.98 06/01/2030           | CUSIP: 13032UXS2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    600000 | PA      | $537843.33    | 0.60%             | 2030-06-01      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BU1337                           | CUSIP: 3140M2PX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    602496 | PA      | $522558.65    | 0.58%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HELIOS VIII ISSUER LLC                     | SNVA 2022-A C                       | CUSIP: 86745AAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1668405 | PA      | $913739.53    | 1.02%             | 2049-02-22      | Fixed         | 3.53%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB3797                           | CUSIP: 3140QPGF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    550877 | PA      | $513533.43    | 0.57%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4.5 05/15/38                      | CUSIP: 912810PX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1518164.07   | 1.69%             | 2038-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HLS VII ISR LLC 2021-C                     | SNVA 2021-C A                       | CUSIP: 86745RAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    393834 | PA      | $326782.48    | 0.36%             | 2048-10-20      | Fixed         | 2.03%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB2938                           | CUSIP: 3140QNHQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    364571 | PA      | $317107.95    | 0.35%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mary Free Bed Rehabilitation Hospital              | MRYFRE 3.786 04/01/51 2021          | CUSIP: 57388MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $209678.28    | 0.23%             | 2051-04-01      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-A                | BX 2022-AHP C                       | CUSIP: 05610FAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    685000 | PA      | $683007.85    | 0.76%             | 2039-01-17      | Floating      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB3931                           | CUSIP: 3140QPLM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    242327 | PA      | $225925.49    | 0.25%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530222                          | CUSIP: 8316A0G87<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     51256 | PA      | $54099.25     | 0.06%             | 2032-07-25      | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| Haleon US Capital LLC.                             | HLNLN 3.625 03/24/32                | CUSIP: 36264FAM3<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    838000 | PA      | $784349.95    | 0.88%             | 2032-03-24      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Avangrid Inc                                       | AGR 3.8 06/01/29                    | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |    450000 | PA      | $439803.23    | 0.49%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Low Income Investment Fund                         | LOWINF 3.386 07/01/26 2019          | CUSIP: 54750AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $588698.70    | 0.66%             | 2026-07-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| FRESB MORTGAGE TRUST                               | FRESB 2021-SB87 A5H                 | CUSIP: 30320VAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    288217 | PA      | $280547.08    | 0.31%             | 2041-04-25      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                | NEE 3.55 05/01/27                   | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493278.08    | 0.55%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HELIOS VI ISSUER LLC                       | SNVA 2021-B A                       | CUSIP: 86744TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    261849 | PA      | $218142.27    | 0.24%             | 2048-07-20      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| The Reinvestment Fund, Inc.                        | REIFUN 3.93 02/15/28                | CUSIP: 75936LAM6<br>LEI: 254900M05GOONA6Z9I72 | Long             | DBT              | CORP              | US        |    500000 | PA      | $462497.79    | 0.52%             | 2028-02-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4.125 08/15/44                    | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1650000 | PA      | $1512134.76   | 1.69%             | 2044-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS1524                           | CUSIP: 3140LBVS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99560 | PA      | $84785.77     | 0.09%             | 2033-03-01      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 510792                          | CUSIP: 83164M7D5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    174911 | PA      | $184050.48    | 0.21%             | 2031-07-25      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522678                          | CUSIP: 83165BFT4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     81129 | PA      | $87403.74     | 0.10%             | 2031-08-25      | Variable      | 8.23%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc.                               | GILD 3.65 03/01/26                  | CUSIP: 375558BF9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    392000 | PA      | $390114.25    | 0.44%             | 2026-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| DH Europe Finance II SARL                          | DHR 2.6 11/15/29                    | CUSIP: 23291KAH8<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $280229.01    | 0.31%             | 2029-11-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Bridge Housing Corporation                         | BRDGHS 3.25 07/15/30                | CUSIP: 10806CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $275578.58    | 0.31%             | 2030-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BQ7758                           | CUSIP: 3140KTTQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    612371 | PA      | $487899.01    | 0.54%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BR6611                           | CUSIP: 3140L5KZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1159491 | PA      | $923017.34    | 1.03%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS0915                           | CUSIP: 3140LBAR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $427693.73    | 0.48%             | 2031-03-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS1482                           | CUSIP: 3140LBUG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    454298 | PA      | $398148.47    | 0.44%             | 2031-03-01      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| U.S. International Development Finance Corporation | DFC 1.65 04/15/28 1                 | CUSIP: 90376PCZ2<br>LEI: 254900QI8QTIK0FY6E92 | Long             | DBT              | USGA              | US        |    500000 | PA      | $474919.66    | 0.53%             | 2028-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| TIFT CNTY GA HOSP AUTH                             | GA TIFMED 1.05 12/01/2025           | CUSIP: 886640HY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $320747.90    | 0.36%             | 2025-12-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| UNITED INDPT SCH DIST TEX                          | TX UNDSCD 5 08/15/2025              | CUSIP: 910678U74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160134.02    | 0.18%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| I/O COOF GP 0.73%                                  | I/O COOF GP 0.73%                   | CUSIP: 12699PBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    218249 | PA      | $3032.76      | 0.00%             | 2031-02-15      | Fixed         | 0.73%                 | No            |                  3 | On Loan: No      |
| MONTEREY CALIF REGL WASTE MGMT AUTH                | CA MONPOL 2.31 04/01/2032           | CUSIP: 612414EK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $618270.52    | 0.69%             | 2032-04-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Treasury Services PLC            | RKTLN 3 06/26/27 144A               | CUSIP: 75625QAE9<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $635729.60    | 0.71%             | 2027-06-26      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications Inc.                        | VZ 3.875 02/08/29                   | CUSIP: 92343VES9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296328.47    | 0.33%             | 2029-02-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522644                          | CUSIP: 83165BER9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    116390 | PA      | $122016.56    | 0.14%             | 2045-12-25      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HELIOS V ISS 2021-A                        | SNVA 2021-A A                       | CUSIP: 86746EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    287797 | PA      | $225613.72    | 0.25%             | 2048-02-20      | Fixed         | 1.80%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS1257                           | CUSIP: 3140LBMF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    487755 | PA      | $405661.07    | 0.45%             | 2033-03-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| COOF LN GP 1.28% IO                                | COOF LN GP 1.28% IO                 | CUSIP: 12699QBE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    272513 | PA      | $7213.30      | 0.01%             | 2046-03-15      | Fixed         | 1.28%                 | No            |                  3 | On Loan: No      |
| Federal National Mortgage Association              | FNMA-30YR                           | CUSIP: 01F022675<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3250000 | PA      | $2695170.17   | 3.01%             | 2049-12-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Guidestone Funds                                   | Guidestone Funds MONEY MKT INSTL    | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |    842991 | NS      | $842990.97    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Small Business Administration                      | SBA 510760                          | CUSIP: 83164M5V7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     70177 | PA      | $74698.65     | 0.08%             | 2031-01-25      | Variable      | 9.82%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS1281                           | CUSIP: 3140LBM75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $432679.26    | 0.48%             | 2031-03-01      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| U.S. International Development Finance Corporation | DFC 1.44 04/15/28 2                 | CUSIP: 90376PDF5<br>LEI: 254900QI8QTIK0FY6E92 | Long             | DBT              | USGA              | US        |    500000 | PA      | $472610.59    | 0.53%             | 2028-04-15      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| COOF LN GP 1.28% IO                                | COOF LN GP 1.28% IO                 | CUSIP: 12699QBF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    347232 | PA      | $9191.09      | 0.01%             | 2046-08-15      | Fixed         | 1.28%                 | No            |                  3 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA4590                           | CUSIP: 3133KLC39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    283945 | PA      | $226125.49    | 0.25%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Agilent Technologies Inc.                          | A 2.3 03/12/31                      | CUSIP: 00846UAN1<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1374008.26   | 1.53%             | 2031-03-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS1560                           | CUSIP: 3140LBWW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $221968.70    | 0.25%             | 2031-04-01      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| COOF LN GP .53% IO                                 | COOF LN GP .53% IO                  | CUSIP: 12699QBG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390615 | PA      | $2845.12      | 0.00%             | 2031-08-15      | Fixed         | 0.53%                 | No            |                  3 | On Loan: No      |
| Small Business Administration                      | SBA 510721                          | CUSIP: 83164M4E6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    118629 | PA      | $126125.19    | 0.14%             | 2046-04-25      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| ACM AUTO TRUST 2023-2                              | ACMAT 2023-2A B                     | CUSIP: 00161AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    418752 | PA      | $426240.07    | 0.48%             | 2030-06-20      | Fixed         | 9.85%                 | Yes           |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530625                          | CUSIP: 8316A0VT4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    112921 | PA      | $131925.43    | 0.15%             | 2034-08-25      | Variable      | 11.12%                | No            |                  2 | On Loan: No      |
| Swch Commercial Mortgage Trust 2025-Data           | SWCH 2025-DATA D                    | CUSIP: 78489CAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $446616.36    | 0.50%             | 2042-03-15      | Floating      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530757                          | CUSIP: 8316A0ZX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    263600 | PA      | $300079.42    | 0.33%             | 2035-02-25      | Variable      | 9.36%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                   | FN BZ3608                           | CUSIP: 3140NYAJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    875000 | PA      | $888954.82    | 0.99%             | 2030-04-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Preservation of Affordable Housing Inc.            | POAHIC 4.479 12/01/32               | CUSIP: 74082VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $443133.46    | 0.49%             | 2032-12-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB5202                           | CUSIP: 3140QQX83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    156994 | PA      | $163619.62    | 0.18%             | 2052-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc.                               | ELV 5.15 06/15/29                   | CUSIP: 036752AY9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    930000 | PA      | $956887.60    | 1.07%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                           | HCA 5.45 09/15/34                   | CUSIP: 404121AK1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    538000 | PA      | $542888.73    | 0.61%             | 2034-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                      | LBZZ 2024-2A B                      | CUSIP: 525920AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    730000 | PA      | $751231.87    | 0.84%             | 2029-07-16      | Fixed         | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530566                          | CUSIP: 8316A0TY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    164918 | PA      | $180400.60    | 0.20%             | 2034-05-25      | Variable      | 9.12%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION                      | SBA 130613                          | CUSIP: 8316AGAN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    191164 | PA      | $222755.83    | 0.25%             | 2034-10-25      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST 2025-2               | LBZZ 2025-2A A2                     | CUSIP: 52611JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    570000 | PA      | $571598.47    | 0.64%             | 2030-05-15      | Fixed         | 5.18%                 | Yes           |                  3 | On Loan: No      |
| SWITCH ABS ISSUER LLC 2024-1                       | SWTCH 2024-2A A2                    | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235000 | PA      | $237071.51    | 0.26%             | 2054-06-25      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BZ2120                           | CUSIP: 3140NWLA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $706844.99    | 0.79%             | 2029-10-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530677                          | CUSIP: 8316A0XF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    151924 | PA      | $176728.51    | 0.20%             | 2034-10-25      | Variable      | 11.11%                | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                 | TAST 2022-1A F                      | CUSIP: 89616BAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $503178.50    | 0.56%             | 2029-07-16      | Fixed         | 9.80%                 | Yes           |                  2 | On Loan: No      |
| Solventum Corp.                                    | SOLV 5.45 02/25/27                  | CUSIP: 83444MAN1<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508364.74    | 0.57%             | 2027-02-25      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                 | TAST 2024-3A A                      | CUSIP: 89617AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    137923 | PA      | $138138.88    | 0.15%             | 2028-06-15      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522645                          | CUSIP: 83165BES7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     73467 | PA      | $76165.09     | 0.09%             | 2031-02-25      | Variable      | 8.52%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530536                          | CUSIP: 8316A0S27<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     35896 | PA      | $35986.68     | 0.04%             | 2034-03-25      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Becton, Dickinson and Company                      | BDX 5.081 06/07/29                  | CUSIP: 075887CU1<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    825000 | PA      | $843216.18    | 0.94%             | 2029-06-07      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                    | LLY 4.75 02/12/30                   | CUSIP: 532457CV8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    510000 | PA      | $523039.26    | 0.58%             | 2030-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                           | HCA 5 03/01/28                      | CUSIP: 404119CY3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    685000 | PA      | $695380.35    | 0.78%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522615                          | CUSIP: 83165BDU3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     59027 | PA      | $63101.48     | 0.07%             | 2030-12-25      | Variable      | 8.45%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                      | LBZZ 2024-2A A2                     | CUSIP: 525920AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    252060 | PA      | $254250.77    | 0.28%             | 2029-05-15      | Fixed         | 5.99%                 | Yes           |                  2 | On Loan: No      |
| Royalty Pharma PLC                                 | RPRX 5.15 09/02/29                  | CUSIP: 78081BAQ6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    580000 | PA      | $592340.43    | 0.66%             | 2029-09-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530597                          | CUSIP: 8316A0UX6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     86006 | PA      | $97296.65     | 0.11%             | 2034-06-25      | Variable      | 10.88%                | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BZ1147                           | CUSIP: 3140NVHZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    650000 | PA      | $664740.22    | 0.74%             | 2029-06-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB5220                           | CUSIP: 3140QQYS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    173174 | PA      | $179861.67    | 0.20%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB7160                           | CUSIP: 3140QS5W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    552072 | PA      | $575477.79    | 0.64%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS1730                           | CUSIP: 3140LB4Q3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $935071.75    | 1.04%             | 2028-04-01      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA4738                           | CUSIP: 3133KLHP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    698139 | PA      | $555902.91    | 0.62%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEXT ABS 2021-1 LLC                                | DEXT 2021-1 D                       | CUSIP: 23345CAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $442373.09    | 0.49%             | 2029-03-15      | Fixed         | 2.81%                 | Yes           |                  2 | On Loan: No      |
| American Water Capital Corp                        | AWK 5.25 03/01/35                   | CUSIP: 03040WBF1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    810000 | PA      | $821196.57    | 0.92%             | 2035-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BZ0523                           | CUSIP: 3140NUSM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1116933.65   | 1.25%             | 2029-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522646                          | CUSIP: 83165BET5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     84391 | PA      | $89586.71     | 0.10%             | 2046-01-25      | Variable      | 7.61%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB6955                           | CUSIP: 3140QSWR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1396646 | PA      | $1426351.14   | 1.59%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA9790                           | CUSIP: 3133KR2X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    500738 | PA      | $513244.35    | 0.57%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Iqvia Inc                                          | IQV 6.25 02/01/29                   | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    750000 | PA      | $784380.75    | 0.88%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530759                          | CUSIP: 8316A0ZZ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    259758 | PA      | $293258.29    | 0.33%             | 2035-02-25      | Variable      | 9.11%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc          | HASI 6.15 01/15/31                  | CUSIP: 40408AAA9<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405133.50    | 0.45%             | 2031-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Calvert Impact Capital Inc                         | CALVRT 2.5 01/30/26 *               | CUSIP: 13162EAB2<br>LEI: 549300B32FCKBWZSDR33 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982543.30    | 1.10%             | 2026-01-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522625                          | CUSIP: 83165BD66<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     88663 | PA      | $95855.84     | 0.11%             | 2045-12-25      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT GREEN BK CONN                          | CT CTGGEN 2.15 11/15/2029           | CUSIP: 207580AV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    207000 | PA      | $190095.02    | 0.21%             | 2029-11-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| LANCASTER CALIF PWR AUTH                           | CA LANPWR 2.56 11/01/2033           | CUSIP: 513793BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $236962.44    | 0.26%             | 2033-11-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| LANCASTER CALIF PWR AUTH                           | CA LANPWR 2.68 11/01/2034           | CUSIP: 513793BC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $233489.86    | 0.26%             | 2034-11-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN AN7502                           | CUSIP: 3138LLKQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    239637 | PA      | $234797.98    | 0.26%             | 2027-11-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 530453                          | CUSIP: 8316A0QF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    120518 | PA      | $129277.85    | 0.14%             | 2034-05-25      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS9741                           | CUSIP: 3140LLZF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $514508.85    | 0.57%             | 2028-10-01      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                 | TAST 2024-1A D                      | CUSIP: 89616LAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    730000 | PA      | $751936.03    | 0.84%             | 2028-04-17      | Fixed         | 8.61%                 | Yes           |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC 2024-1                       | SWTCH 2024-1A A2                    | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     90000 | PA      | $91842.66     | 0.10%             | 2054-03-25      | Fixed         | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FNMA-30YR                           | CUSIP: 01F020679<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1187784.53   | 1.33%             | 2049-12-31      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELTONA FLA TRANSN CAP IMPT                        | FL DLTUTL 1.54 10/01/2029           | CUSIP: 247888DN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $226653.35    | 0.25%             | 2029-10-01      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA9746                           | CUSIP: 3133KRZK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1083418 | PA      | $1113521.79   | 1.24%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                      | LBZZ 2023-3A A2                     | CUSIP: 525931AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    636849 | PA      | $650643.83    | 0.73%             | 2028-12-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS9849                           | CUSIP: 3140LL5K3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    750000 | PA      | $767447.97    | 0.86%             | 2028-11-01      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| SUNNOVA HELIO ISSUE LLC 2024-A                     | SNVA 2024-A C                       | CUSIP: 86745CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    653680 | PA      | $489890.91    | 0.55%             | 2051-02-20      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN AN2398                           | CUSIP: 3138LEUY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    831939 | PA      | $797219.14    | 0.89%             | 2028-07-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BL4589                           | CUSIP: 3140HWC34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    313542 | PA      | $294194.89    | 0.33%             | 2029-10-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Guidestone Funds                                   | Guidestone Funds MONEY MKT INSTL    | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |    136635 | NS      | $136635.33    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNNOVA HEL ISSUER LLC 2023-A                      | SNVA 2023-A B                       | CUSIP: 86746AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    552124 | PA      | $412004.32    | 0.46%             | 2050-05-20      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA9748                           | CUSIP: 3133KRZM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1240364 | PA      | $1246163.57   | 1.39%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF PUB FACS FING AUTH                 | CA SDOWTR 2.13 08/01/2029           | CUSIP: 79730CJN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $270474.95    | 0.30%             | 2029-08-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                      | SBA 522592                          | CUSIP: 83165BC59<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     23127 | PA      | $24350.83     | 0.03%             | 2030-06-25      | Variable      | 8.57%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                         | AMGN 5.25 03/02/33                  | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1316319.48   | 1.47%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                   | FR RA9745                           | CUSIP: 3133KRZJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1425588 | PA      | $1435522.46   | 1.60%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                      | LBZZ 2024-1A B                      | CUSIP: 525935AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $460644.21    | 0.51%             | 2029-09-15      | Fixed         | 6.58%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                     | NY NYCMFH 0.923 11/01/2025          | CUSIP: 64972ETZ2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    200000 | PA      | $197736.29    | 0.22%             | 2025-11-01      | Fixed         | 0.92%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ CIVIC IMPT CORP                       | AZ PHOWTR 1.84 07/01/2029           | CUSIP: 71883RRT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $589906.82    | 0.66%             | 2029-07-01      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY                      | DC DISHSG 2.05 03/01/2030           | CUSIP: 254768VK7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    420000 | PA      | $374722.13    | 0.42%             | 2030-03-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN CB3231                           | CUSIP: 3140QNSV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    635274 | PA      | $573399.80    | 0.64%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA HSG FIN AGY                      | DC DISHSG 1.9 03/01/2029            | CUSIP: 254768VH4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    140000 | PA      | $127687.97    | 0.14%             | 2029-03-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4.25 02/15/54                     | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1725000 | PA      | $1574062.50   | 1.76%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                       | T 4.25 05/15/35                     | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2200000 | PA      | $2203609.38   | 2.46%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| American Water Capital Corp                        | AWK 4.45 06/01/32                   | CUSIP: 03040WBA2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1284010.39   | 1.43%             | 2032-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ROWLAND CALIF WTR DIST                             | CA ROWWTR 2.56 12/01/2036           | CUSIP: 779657BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $468217.72    | 0.52%             | 2036-12-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4 11/15/52                        | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1350000 | PA      | $1181091.79   | 1.32%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association              | FN BS4422                           | CUSIP: 3140LE4G9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    518145 | PA      | $469635.31    | 0.52%             | 2032-03-01      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                      | LBZZ 2022-1A A                      | CUSIP: 52607KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    356984 | PA      | $356109.05    | 0.40%             | 2027-05-17      | Fixed         | 4.22%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                     | NY NYCMFH 1.02 05/01/2026           | CUSIP: 64972EUA5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    250000 | PA      | $243338.35    | 0.27%             | 2026-05-01      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY                    | CA SFO 1.78 06/15/2029              | CUSIP: 79773KDG6<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |    600000 | PA      | $550306.41    | 0.61%             | 2029-06-15      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| Low Income Investment Fund                         | LOWINF 3.386 07/01/26 2019          | CUSIP: 54750AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    686000 | PA      | $721557.44    | 0.81%             | 2026-05-15      | Fixed         | 3.39%                 | No            |                  3 | On Loan: No      |
| Guidestone Funds                                   | Guidestone Funds MONEY MKT INSTL    | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |   2742552 | NS      | $2742551.64   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FBC LOAN COMMITMENT                                | FBC LOAN COMMITMENT                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    514000 | PA      | $514000.00    | 0.57%             | 2050-05-16      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CARROLL CNTY GA WTR AUTH                           | GA CRRWTR 1.96 07/01/2029           | CUSIP: 14478EGK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $138399.87    | 0.15%             | 2029-07-01      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| SALT LAKE & SANDY UTAH                             | UT SLKWTR 1.52 07/01/2028           | CUSIP: 795560DS7<br>LEI: 549300WSGSDWQU727366 | Long             | DBT              | MUN               | US        |    200000 | PA      | $186598.63    | 0.21%             | 2028-07-01      | Fixed         | 1.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                       | T 4.25 11/15/40                     | CUSIP: 912810QL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1300000 | PA      | $1246578.13   | 1.39%             | 2040-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                       | T 4 05/31/30                        | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $605906.25    | 0.68%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                             | FUT. YR T-NOTES SEP25               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         2 | NC      | $224250.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                             | FUT. U.S. T-BONDS SEP25             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         2 | NC      | $230937.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                             | FUT. CBT ULT TNOTE SEP25            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         1 | NC      | $114265.63    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                             | FUT. CBT UL T-BONDS SEP25           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         1 | NC      | $119125.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                             | SEP 25 5 YR T NOTESEP 25            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         4 | NC      | $436000.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                             | SEP 25 US 2YR SEP 25                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         3 | NC      | $624070.31    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CDS_IX_CCP CDX.NA.IG.44 1% 20300620                | CDS_IX_CCP CDX.NA.IG.44 1% 20300620 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              | CORP              | US        |    680000 | OU      | $14997.40     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** GuideStone Funds

**Signature:** Patrick Pattison

**Name of Signer:** Patrick Pattison

**Title:** Vice President & Treasurer