# EDGAR Filing Document

**Accession Number:** 0000035315
**File Stem:** 0001752724-25-176730
**Filing Date:** 2025-7
**Character Count:** 105800
**Document Hash:** 5766a590f8272dd45175f13ec7e6da7f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-176730.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-176730

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SALEM STREET TRUST
- **CENTRAL INDEX KEY:** 0000035315

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02105
- **FILM NUMBER:** 251146313

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FIXED INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FLEXIBLE BOND FUND
- **DATE OF NAME CHANGE:** 19860904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CORPORATE BOND FUND INC
- **DATE OF NAME CHANGE:** 19851225

## Series and Classes Contracts Data

### Fidelity Series Sustainable Investment Grade Bond Fund (Series ID: S000080313)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000242612 | Fidelity Series Sustainable Investment Grade Bond Fund | FIGDX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Series Sustainable Investment Grade Bond Fund**

**May 31, 2025**

SGB-NPRT3-0725

1.9908956.102 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Asset-Backed Securities - 7.2%** | &nbsp;&nbsp;**Asset-Backed Securities - 7.2%** | &nbsp;&nbsp;**Asset-Backed Securities - 7.2%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| GRAND CAYMAN (UK OVERSEAS TER) - 7.2%  |  |  |
| Allegro Clo Xii Ltd Series 2024-1A Class A1R, CME Term SOFR 3 month Index + 1.44%, 5.7095% 7/21/2037 (b)(c)(d) | 250000 | 250089 |
| Magnetite Xxvi Ltd / Magnetite Xxvi LLC Series 2025-26A Class AR2, CME Term SOFR 3 month Index + 1.15%, 5.4163% 1/25/2038 (b)(c)(d) | 250000 | 249249 |
| RR 28 LTD / RR 28 LLC Series 2024-28RA Class A1R, CME Term SOFR 3 month Index + 1.55%, 5.8061% 4/15/2037 (b)(c)(d) | 250000 | 250540 |
| TOTAL GRAND CAYMAN (UK OVERSEAS TER) |  | 749878 |
| <br> **TOTAL ASSET-BACKED SECURITIES**<br> (Cost $749,501) |  | <br> **749878** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Commercial Mortgage Securities - 0.2%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 0.2%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 0.2%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.2%  |  |  |
| BX Trust 2025-ROIC Series 2025-ROIC Class A, CME Term SOFR 1 month Index + 1.1438%, 5.4725% 3/15/2030 (b)(c)(d)<br> (Cost $18,955) | 19000 | **18858** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 0.5%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 0.5%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 0.5%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| MEXICO - 0.5%  |  |  |
| United Mexican States 3.5% 2/12/2034 <br> (Cost $49,563) | 60000 | **49290** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 21.9%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 21.9%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 21.9%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| CANADA - 0.6%  |  |  |
| Communication Services - 0.4% |  |  |
| Diversified Telecommunication Services - 0.4% |  |  |
| TELUS Corp 3.4% 5/13/2032  | 45000 | 40181 |
| Consumer Staples - 0.2% |  |  |
| Consumer Staples Distribution & Retail - 0.2% |  |  |
| Alimentation Couche-Tard Inc 3.625% 5/13/2051 (c) | 29000 | 19132 |
| TOTAL CANADA |  | 59313 |
| NETHERLANDS - 0.3%  |  |  |
| Information Technology - 0.3% |  |  |
| Semiconductors & Semiconductor Equipment - 0.3% |  |  |
| NXP BV / NXP Funding LLC / NXP USA Inc 2.5% 5/11/2031  | 36000 | 31158 |
| UNITED KINGDOM - 0.2%  |  |  |
| Health Care - 0.2% |  |  |
| Pharmaceuticals - 0.2% |  |  |
| Astrazeneca Finance LLC 1.75% 5/28/2028  | 27000 | 25183 |
| UNITED STATES - 20.8%  |  |  |
| Communication Services - 1.9% |  |  |
| Diversified Telecommunication Services - 0.9% |  |  |
| AT&T Inc 2.25% 2/1/2032  | 20000 | 16969 |
| Verizon Communications Inc 5.05% 5/9/2033  | 74000 | 74098 |
|  |  | 91067 |
| Entertainment - 0.2% |  |  |
| Walt Disney Co/The 2.65% 1/13/2031  | 27000 | 24599 |
| Media - 0.6% |  |  |
| Charter Communications Operating LLC / Charter Communications Operating Capital 5.05% 3/30/2029  | 10000 | 10046 |
| Charter Communications Operating LLC / Charter Communications Operating Capital 6.1% 6/1/2029  | 5000 | 5205 |
| Charter Communications Operating LLC / Charter Communications Operating Capital 6.55% 6/1/2034  | 3000 | 3138 |
| Warnermedia Holdings Inc 4.279% 3/15/2032  | 30000 | 25457 |
| Warnermedia Holdings Inc 5.141% 3/15/2052  | 27000 | 17503 |
|  |  | 61349 |
| Wireless Telecommunication Services - 0.2% |  |  |
| T-Mobile USA Inc 2.875% 2/15/2031  | 22000 | 19799 |
| TOTAL COMMUNICATION SERVICES |  | 196814 |
| Consumer Discretionary - 1.3% |  |  |
| Automobiles - 0.2% |  |  |
| General Motors Co 5.4% 10/15/2029  | 18000 | 18129 |
| Specialty Retail - 0.9% |  |  |
| Home Depot Inc/The 3.25% 4/15/2032  | 25000 | 22847 |
| Lowe's Cos Inc 3.75% 4/1/2032  | 35000 | 32572 |
| Lowe's Cos Inc 4.25% 4/1/2052  | 25000 | 18969 |
| TJX Cos Inc/The 3.875% 4/15/2030  | 23000 | 22538 |
|  |  | 96926 |
| Textiles, Apparel & Luxury Goods - 0.2% |  |  |
| Tapestry Inc 3.05% 3/15/2032  | 27000 | 23561 |
| TOTAL CONSUMER DISCRETIONARY |  | 138616 |
| Consumer Staples - 0.5% |  |  |
| Food Products - 0.5% |  |  |
| General Mills Inc 2.25% 10/14/2031  | 55000 | 47169 |
| Financials - 7.9% |  |  |
| Banks - 4.6% |  |  |
| Bank of America Corp 4.623% 5/9/2029 (b) | 38000 | 37991 |
| Bank of America Corp 5.015% 7/22/2033 (b) | 55000 | 54810 |
| Bank of America Corp 5.162% 1/24/2031 (b) | 20000 | 20296 |
| Citigroup Inc 2.666% 1/29/2031 (b) | 49000 | 44376 |
| Citigroup Inc 4.91% 5/24/2033 (b) | 15000 | 14746 |
| Citizens Financial Group Inc 5.718% 7/23/2032 (b) | 11000 | 11229 |
| Fifth Third Bancorp 4.895% 9/6/2030 (b) | 10000 | 10024 |
| JPMorgan Chase & Co 2.963% 1/25/2033 (b) | 30000 | 26538 |
| JPMorgan Chase & Co 4.912% 7/25/2033 (b) | 65000 | 64418 |
| JPMorgan Chase & Co 5.103% 4/22/2031 (b) | 6000 | 6087 |
| JPMorgan Chase & Co 5.14% 1/24/2031 (b) | 20000 | 20310 |
| JPMorgan Chase & Co 5.572% 4/22/2036 (b) | 8000 | 8139 |
| PNC Financial Services Group Inc/The 4.812% 10/21/2032 (b) | 50000 | 49376 |
| Santander Holdings USA Inc 5.807% 9/9/2026 (b) | 7000 | 7014 |
| Santander Holdings USA Inc 6.499% 3/9/2029 (b) | 5000 | 5179 |
| Wells Fargo & Co 5.15% 4/23/2031 (b) | 9000 | 9108 |
| Wells Fargo & Co 5.244% 1/24/2031 (b) | 12000 | 12179 |
| Wells Fargo & Co 5.499% 1/23/2035 (b) | 59000 | 59335 |
| Wells Fargo & Co 5.605% 4/23/2036 (b) | 8000 | 8093 |
|  |  | 469248 |
| Capital Markets - 1.6% |  |  |
| Goldman Sachs Group Inc/The 3.102% 2/24/2033 (b) | 21000 | 18547 |
| Goldman Sachs Group Inc/The 3.615% 3/15/2028 (b) | 25000 | 24553 |
| Morgan Stanley 2.943% 1/21/2033 (b) | 30000 | 26361 |
| Morgan Stanley 4.889% 7/20/2033 (b) | 46000 | 45312 |
| Morgan Stanley 5.192% 4/17/2031 (b) | 6000 | 6088 |
| Morgan Stanley 5.23% 1/15/2031 (b) | 17000 | 17251 |
| Morgan Stanley 5.664% 4/17/2036 (b) | 5000 | 5082 |
| State Street Corp 3.031% 11/1/2034 (b) | 25000 | 22789 |
|  |  | 165983 |
| Consumer Finance - 0.4% |  |  |
| Ally Financial Inc 5.543% 1/17/2031 (b) | 2000 | 1996 |
| Ally Financial Inc 5.737% 5/15/2029 (b) | 27000 | 27265 |
| American Express Co 5.085% 1/30/2031 (b) | 16000 | 16242 |
|  |  | 45503 |
| Insurance - 1.3% |  |  |
| Equitable Financial Life Global Funding 1.3% 7/12/2026 (c) | 53000 | 51184 |
| Marsh & McLennan Cos Inc 2.375% 12/15/2031  | 57000 | 49153 |
| Reinsurance Group of America Inc 5.75% 9/15/2034  | 20000 | 20264 |
| Unum Group 4% 6/15/2029  | 20000 | 19422 |
|  |  | 140023 |
| TOTAL FINANCIALS |  | 820757 |
| Health Care - 1.6% |  |  |
| Biotechnology - 0.5% |  |  |
| Amgen Inc 3% 2/22/2029  | 50000 | 47427 |
| Health Care Providers & Services - 0.8% |  |  |
| Centene Corp 4.625% 12/15/2029  | 31000 | 29853 |
| Cigna Group/The 3.4% 3/15/2051  | 28000 | 18177 |
| Humana Inc 3.7% 3/23/2029  | 37000 | 35543 |
|  |  | 83573 |
| Pharmaceuticals - 0.3% |  |  |
| Bristol-Myers Squibb Co 2.95% 3/15/2032  | 13000 | 11622 |
| Zoetis Inc 2% 5/15/2030  | 27000 | 23970 |
|  |  | 35592 |
| TOTAL HEALTH CARE |  | 166592 |
| Industrials - 1.0% |  |  |
| Building Products - 0.3% |  |  |
| Carrier Global Corp 2.493% 2/15/2027  | 25000 | 24222 |
| Carrier Global Corp 5.9% 3/15/2034  | 2000 | 2101 |
|  |  | 26323 |
| Industrial Conglomerates - 0.5% |  |  |
| Honeywell International Inc 1.75% 9/1/2031  | 27000 | 22715 |
| Trane Technologies Financing Ltd 3.8% 3/21/2029  | 35000 | 34388 |
|  |  | 57103 |
| Machinery - 0.2% |  |  |
| Otis Worldwide Corp 2.565% 2/15/2030  | 27000 | 24623 |
| TOTAL INDUSTRIALS |  | 108049 |
| Information Technology - 0.5% |  |  |
| Electronic Equipment, Instruments & Components - 0.2% |  |  |
| Dell International LLC / EMC Corp 6.2% 7/15/2030  | 21000 | 22243 |
| Semiconductors & Semiconductor Equipment - 0.3% |  |  |
| Micron Technology Inc 2.703% 4/15/2032  | 36000 | 30687 |
| TOTAL INFORMATION TECHNOLOGY |  | 52930 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| International Flavors & Fragrances Inc 2.3% 11/1/2030 (c) | 14000 | 12201 |
| Real Estate - 2.1% |  |  |
| Diversified REITs - 0.3% |  |  |
| WP Carey Inc 2.45% 2/1/2032  | 42000 | 35307 |
| Health Care REITs - 0.3% |  |  |
| Alexandria Real Estate Equities Inc 2% 5/18/2032  | 42000 | 33891 |
| Industrial REITs - 0.4% |  |  |
| Prologis LP 2.875% 11/15/2029  | 38000 | 35463 |
| Office REITs - 0.7% |  |  |
| Boston Properties LP 2.45% 10/1/2033  | 47000 | 36845 |
| COPT Defense Properties LP 2% 1/15/2029  | 29000 | 25981 |
|  |  | 62826 |
| Real Estate Management & Development - 0.2% |  |  |
| CBRE Services Inc 2.5% 4/1/2031  | 27000 | 23554 |
| Retail REITs - 0.2% |  |  |
| Brixmor Operating Partnership LP 5.75% 2/15/2035  | 20000 | 20210 |
| Regency Centers LP 5.1% 1/15/2035  | 4000 | 3945 |
|  |  | 24155 |
| TOTAL REAL ESTATE |  | 215196 |
| Utilities - 3.9% |  |  |
| Electric Utilities - 1.6% |  |  |
| Consolidated Edison Co of New York Inc 3.35% 4/1/2030  | 47000 | 44782 |
| Duke Energy Carolinas LLC 3.95% 11/15/2028  | 33000 | 32641 |
| Northern States Power Co/MN 2.25% 4/1/2031  | 40000 | 35575 |
| Oncor Electric Delivery Co LLC 4.15% 6/1/2032  | 25000 | 23716 |
| Wisconsin Electric Power Co 4.75% 9/30/2032  | 31000 | 31005 |
|  |  | 167719 |
| Independent Power and Renewable Electricity Producers - 0.9% |  |  |
| AES Corp/The 1.375% 1/15/2026  | 27000 | 26387 |
| AES Corp/The 2.45% 1/15/2031  | 78000 | 66697 |
|  |  | 93084 |
| Multi-Utilities - 1.4% |  |  |
| Dominion Energy Inc 2.25% 8/15/2031  | 61000 | 52263 |
| NiSource Inc 1.7% 2/15/2031  | 63000 | 53254 |
| Puget Energy Inc 4.224% 3/15/2032  | 44000 | 40544 |
|  |  | 146061 |
| TOTAL UTILITIES |  | 406864 |
| TOTAL UNITED STATES |  | 2165188 |
| <br> **TOTAL NON-CONVERTIBLE CORPORATE BONDS**<br> (Cost $2,285,412) |  | <br> **2280842** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Government Agency - Mortgage Securities - 20.7%** | &nbsp;&nbsp;**U.S. Government Agency - Mortgage Securities - 20.7%** | &nbsp;&nbsp;**U.S. Government Agency - Mortgage Securities - 20.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 20.7%  |  |  |
| Fannie Mae 2.5% 6/1/2052  | 52505 | 43538 |
| Fannie Mae Mortgage pass-thru certificates 2.5% 10/1/2051  | 23435 | 19294 |
| Fannie Mae Mortgage pass-thru certificates 5% 1/1/2054  | 39175 | 37967 |
| Fannie Mae Mortgage pass-thru certificates 5.5% 4/1/2054  | 46034 | 45717 |
| Fannie Mae Mortgage pass-thru certificates 6% 4/1/2054  | 39696 | 40178 |
| Fannie Mae Mortgage pass-thru certificates 6% 5/1/2054  | 23706 | 23994 |
| Fannie Mae Mortgage pass-thru certificates 6% 6/1/2054  | 47891 | 48472 |
| Fannie Mae Mortgage pass-thru certificates 6.5% 6/1/2054  | 15488 | 15921 |
| Freddie Mac Gold Pool 2% 11/1/2050  | 103599 | 81163 |
| Freddie Mac Gold Pool 2.5% 9/1/2051  | 29762 | 24502 |
| Freddie Mac Gold Pool 3% 5/1/2051  | 21444 | 18462 |
| Freddie Mac Gold Pool 4.5% 1/1/2053  | 46833 | 44324 |
| Freddie Mac Non Gold Pool 5.5% 3/1/2054  | 22294 | 22140 |
| Ginnie Mae I Pool 4% 10/20/2052  | 89171 | 82328 |
| Ginnie Mae I Pool 5% 10/20/2054  | 24722 | 24000 |
| Ginnie Mae II Pool 2% 1/20/2051  | 48485 | 38971 |
| Ginnie Mae II Pool 2% 2/20/2052  | 69987 | 56253 |
| Ginnie Mae II Pool 2.5% 5/20/2052  | 69413 | 58232 |
| Ginnie Mae II Pool 2.5% 6/1/2055 (e) | 50000 | 41902 |
| Ginnie Mae II Pool 2.5% 7/1/2055 (e) | 25000 | 20943 |
| Ginnie Mae II Pool 3% 6/1/2055 (e) | 75000 | 65362 |
| Ginnie Mae II Pool 5% 6/1/2055 (e) | 50000 | 48517 |
| Ginnie Mae II Pool 5.5% 7/1/2055 (e) | 50000 | 49610 |
| Ginnie Mae II Pool 6% 6/1/2055 (e) | 100000 | 100972 |
| Ginnie Mae II Pool 6% 7/1/2055 (e) | 100000 | 100819 |
| Uniform Mortgage Backed Securities 2% 6/1/2040 (e) | 150000 | 135463 |
| Uniform Mortgage Backed Securities 2% 6/1/2055 (e) | 300000 | 233191 |
| Uniform Mortgage Backed Securities 2% 7/1/2055 (e) | 150000 | 116660 |
| Uniform Mortgage Backed Securities 2.5% 6/1/2055 (e) | 125000 | 101870 |
| Uniform Mortgage Backed Securities 3% 6/1/2055 (e) | 75000 | 63844 |
| Uniform Mortgage Backed Securities 3.5% 6/1/2055 (e) | 100000 | 88703 |
| Uniform Mortgage Backed Securities 4% 6/1/2055 (e) | 75000 | 68766 |
| Uniform Mortgage Backed Securities 5.5% 6/1/2055 (e) | 50000 | 49516 |
| Uniform Mortgage Backed Securities 6% 6/1/2055 (e) | 125000 | 126255 |
| Uniform Mortgage Backed Securities 6.5% 6/1/2055 (e) | 25000 | 25672 |
| TOTAL UNITED STATES |  | 2163521 |
| <br> **TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES**<br> (Cost $2,165,612) |  | <br> **2163521** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 49.6%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 49.6%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 49.6%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 49.6%** |
|  | Yield (%) (f) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bonds 3.625% 2/15/2053  | 3.74 | 335000 | 267542 |
| US Treasury Bonds 3.875% 2/15/2043  | 3.81 | 180000 | 158105 |
| US Treasury Bonds 4.25% 2/15/2054  | 4.24 to 4.78 | 310600 | 277417 |
| US Treasury Bonds 4.25% 8/15/2054  | 3.96 to 4.66 | 76000 | 67961 |
| US Treasury Bonds 4.5% 11/15/2054  | 4.55 to 4.83 | 115000 | 107345 |
| US Treasury Bonds 4.625% 2/15/2055  | 4.54 to 4.81 | 89000 | 84895 |
| US Treasury Bonds 4.625% 5/15/2054  | 4.49 to 4.65 | 95000 | 90365 |
| US Treasury Bonds 4.75% 5/15/2055  | 4.91 to 4.92 | 134000 | 130566 |
| US Treasury Notes 3.5% 4/30/2028  | 3.35 | 460000 | 455381 |
| US Treasury Notes 3.5% 4/30/2030  | 3.36 | 70000 | 68518 |
| US Treasury Notes 3.625% 5/15/2026  | 4.03 | 45000 | 44775 |
| US Treasury Notes 3.625% 9/30/2031  | 3.63 to 3.87 | 219000 | 213020 |
| US Treasury Notes 3.75% 12/31/2028  | 3.84 | 200000 | 199023 |
| US Treasury Notes 3.75% 5/31/2030  | 3.98 | 210000 | 207810 |
| US Treasury Notes 3.875% 8/15/2034  | 3.64 to 4.27 | 268000 | 258135 |
| US Treasury Notes 4% 3/31/2030  | 3.94 | 100000 | 100172 |
| US Treasury Notes 4% 4/30/2032  | 4.00 | 51000 | 50498 |
| US Treasury Notes 4% 5/31/2030  | 3.97 | 250000 | 250488 |
| US Treasury Notes 4% 6/30/2028  | 4.25 | 60000 | 60234 |
| US Treasury Notes 4% 7/31/2030  | 4.07 to 4.16 | 105000 | 105025 |
| US Treasury Notes 4.125% 10/31/2031  | 4.37 | 77000 | 76994 |
| US Treasury Notes 4.125% 11/30/2029  | 4.08 | 12000 | 12090 |
| US Treasury Notes 4.125% 2/29/2032  | 4.19 | 40000 | 39931 |
| US Treasury Notes 4.125% 3/31/2032  | 4.13 | 320000 | 319351 |
| US Treasury Notes 4.125% 5/31/2032  | 4.18 | 125000 | 124668 |
| US Treasury Notes 4.125% 7/31/2028  | 4.18 to 4.27 | 175000 | 176306 |
| US Treasury Notes 4.125% 7/31/2031  | 3.78 | 137000 | 137174 |
| US Treasury Notes 4.125% 8/31/2030  | 4.61 | 58000 | 58331 |
| US Treasury Notes 4.25% 1/31/2030  | 4.34 to 4.47 | 140000 | 141728 |
| US Treasury Notes 4.25% 11/15/2034  | 4.22 to 4.49 | 174000 | 172287 |
| US Treasury Notes 4.25% 2/28/2031  | 4.27 | 35000 | 35349 |
| US Treasury Notes 4.25% 5/15/2035  | 4.45 | 100000 | 98875 |
| US Treasury Notes 4.375% 1/31/2032  | 4.46 | 50000 | 50648 |
| US Treasury Notes 4.375% 11/30/2030  | 4.27 to 4.35 | 93000 | 94558 |
| US Treasury Notes 4.5% 11/15/2033  | 3.86 to 4.35 | 155000 | 157313 |
| US Treasury Notes 4.625% 2/15/2035  | 4.17 to 4.34 | 186000 | 189433 |
| US Treasury Notes 4.625% 5/31/2031  | 4.33 | 67000 | 68908 |
| US Treasury Notes 4.875% 10/31/2030  | 4.91 | 20000 | 20821 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $5,313,457) |  |  | **5172040** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 13.0%** | &nbsp;&nbsp;**Money Market Funds - 13.0%** | &nbsp;&nbsp;**Money Market Funds - 13.0%** | &nbsp;&nbsp;**Money Market Funds - 13.0%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (g)<br>(Cost $1,359,105)<br>| 4.32 | 1358834 | **1359105** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 113.1%**<br> (Cost $11,941,605)<br>| <br>**11793534** |
| **NET OTHER ASSETS (LIABILITIES) - (13.1)%**  | **(1357969)** |
| **NET ASSETS - 100.0%** | **10435565** |

---

---

| | | |
|:---|:---|:---|
| **TBA Sale Commitments**  | **TBA Sale Commitments**  | **TBA Sale Commitments**  |
|  | Principal<br> Amount (a) | Value ($) |
| U.S. Government Agency - Mortgage Securities |  |  |
| Ginnie Mae II Pool 2.5% 6/1/2055 | (25000) | (20951) |
| Ginnie Mae II Pool 6% 6/1/2055 | (100000) | (100971) |
| Uniform Mortgage Backed Securities 2% 6/1/2055 | (150000) | (116596) |
| TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES  |  | (238518) |
| **TOTAL TBA SALE COMMITMENTS**<br> (Proceeds $238,167) |  | <br> **(238518)** |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $851,253 or 8.2% of net assets.

(d) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

(e) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(f) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(g) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 1161291 | 1935988 | 1738174 | 38638 | - | - | 1359105 | 1358834 | 0.0% |
| Total | 1161291 | 1935988 | 1738174 | 38638 | - | - | 1359105 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations, Foreign Government and Government Agency Obligations and Non-Convertible Corporate Bonds are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. Asset-Backed Securities, Commercial Mortgage Securities and U.S. Government Agency - Mortgage Securities are valued by pricing services who utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Salem Street Trust

- **b. Investment Company Act file number:** 811-02105

- **c. CIK number of Registrant:** 0000035315

- **d. LEI of Registrant:** S4W85DGKOEJ24DPRB829

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Series Sustainable Investment Grade Bond Fund

- **b. EDGAR series identifier (if any):** S000080313

- **c. LEI of Series:** 54930008B5WDYNJXD541

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $11672481.83

**Total Liabilities:** $1617916.21

**Net Assets:** $10054565.62

**Delayed Delivery Securities:** $1339830.07

**Cash Not Reported:** $12947.86

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 113.33166686 | **1-Year:** 724.90158567 | **5-Year:** 2184.09306302 | **10-Year:** 1667.32324892 | **30-Year:** 1102.49186339

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242612 | 0.17%                | 0.47%                | -0.75%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10052.65                | $-34354.71                                 |
| Month 2  | $-15271.14               | $28051.60                                  |
| Month 3  | $-619.28                 | $-107147.77                                |

**Designated Index Information**

- **Index Name:** Bloomberg MSCI US Aggregate ESG Choice Bond Index

- **Index Identifier:** 56048177

### 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 BOND                                                     | UNITED STATES TREASURY BOND 4.625% 02/15/2055                                                    | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     89000 | PA      | $84895.38     | 0.84%             | 2055-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 3.875% 02/15/2043                                                    | CUSIP: 912810TQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    180000 | PA      | $158104.69    | 1.57%             | 2043-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 11/30/2029                                                                      | CUSIP: 91282CMA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     12000 | PA      | $12090.47     | 0.12%             | 2029-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLEGRO CLO XII LTD                                                             | ALLEGRO CLO XII LTD A1R TSFR3M+144 07/21/2037 144A                                               | CUSIP: 01750TAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250088.75    | 2.49%             | 2037-07-21      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                              | ALLY FINL INC 5.737%/VAR 05/15/2029                                                              | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27264.45     | 0.27%             | 2029-05-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                             | CARRIER GLOBAL CORP 2.493% 02/15/2027                                                            | CUSIP: 14448CAP9<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24221.28     | 0.24%             | 2027-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELEC PWR CO                                                           | WISCONSIN ELEC PWR CO 4.75% 09/30/2032                                                           | CUSIP: 976656CN6<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31005.01     | 0.31%             | 2032-09-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NXP B V/NXP FDG LLC/NXP USA INC                                                 | NXP B V/NXP FDG LLC/NXP USA INC 2.5% 05/11/2031                                                  | CUSIP: 62954HBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     36000 | PA      | $31158.00     | 0.31%             | 2031-05-11      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MAGNETITE XXVI LTD / MAGNETITE XXVI LLC                                         | MAGNETITE XXVI LTD / MAGNETITE XXVI LLC AR2 TSFR3M+115 01/25/2038 144A                           | CUSIP: 55954YAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249250.00    | 2.48%             | 2038-01-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 3.625% 02/15/2053                                                    | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    335000 | PA      | $267541.99    | 2.66%             | 2053-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                     | BANK OF AMERICA CORPORATION 4.623%/VAR 05/09/2029                                                | CUSIP: 06051GMT3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37990.99     | 0.38%             | 2029-05-09      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 6.5% 06/01/2054#CB8729                                                                 | CUSIP: 3140QUVX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15488 | PA      | $15921.93     | 0.16%             | 2054-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 6% 04/01/2054#                                                                         | CUSIP: 3140QUH33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39696 | PA      | $40177.55     | 0.40%             | 2054-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                                           | JPMORGAN CHASE and CO 4.912%/VAR 07/25/2033                                                      | CUSIP: 46647PDH6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64417.15     | 0.64%             | 2033-07-25      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 2% 02/20/2052#MA7880                                                                     | CUSIP: 36179WXH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     69987 | PA      | $56253.49     | 0.56%             | 2052-02-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 2.5% 06/01/2055 #TBA                                                                     | CUSIP: 21H022663<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50000 | PA      | $41901.71     | 0.42%             | 2055-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 15YR 2% 06/01/2040 #TBA                                                                     | CUSIP: 01F020463<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    150000 | PA      | $135462.96    | 1.35%             | 2040-06-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 6.55% 06/01/2034 | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $3138.51      | 0.03%             | 2034-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MEXICO UNITED MEXICAN STATES                                                    | MEXICO UNITED MEXICAN STATES 3.5% 02/12/2034                                                     | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     60000 | PA      | $49290.00     | 0.49%             | 2034-02-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                   | FHLG 30YR 3% 05/01/2051#RA5267                                                                   | CUSIP: 3133KLZ83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21444 | PA      | $18462.58     | 0.18%             | 2051-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PARTNERSHIP LP                                                | BRIXMOR OPERATING PARTNERSHIP LP 5.75% 02/15/2035                                                | CUSIP: 11120BAA5<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20209.56     | 0.20%             | 2035-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                                                    | TAPESTRY INC 3.05% 03/15/2032                                                                    | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     27000 | PA      | $23560.75     | 0.23%             | 2032-03-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                              | WELLS FARGO and CO NEW 5.15%/VAR 04/23/2031                                                      | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9107.74      | 0.09%             | 2031-04-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                                               | CBRE SERVICES INC 2.5% 04/01/2031                                                                | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     27000 | PA      | $23554.86     | 0.23%             | 2031-04-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SANTANDER HLDGS USA INC                                                         | SANTANDER HLDGS USA INC 6.499%/VAR 03/09/2029                                                    | CUSIP: 80282KBF2<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5179.26      | 0.05%             | 2029-03-09      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | MORGAN STANLEY 5.664%/VAR 04/17/2036                                                             | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5081.67      | 0.05%             | 2036-04-17      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 6% 06/01/2054#CB8711                                                                   | CUSIP: 3140QUVD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47891 | PA      | $48472.05     | 0.48%             | 2054-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TJX COMPANIES INC                                                               | TJX COMPANIES INC NEW 3.875% 04/15/2030                                                          | CUSIP: 872540AT6<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22538.72     | 0.22%             | 2030-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                   | CITIGROUP INC 2.666%/VAR 01/29/2031                                                              | CUSIP: 172967ML2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     49000 | PA      | $44376.41     | 0.44%             | 2031-01-29      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 5% 01/01/2054#CB7925                                                                   | CUSIP: 3140QTYX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39175 | PA      | $37967.36     | 0.38%             | 2054-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RR 28 LTD / RR 28 LLC                                                           | RR 28 LTD / RR 28 LLC A1R TSFR3M+155 04/15/2037 144A                                             | CUSIP: 74989NAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250539.50    | 2.49%             | 2037-04-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL INC                                                     | HONEYWELL INTL INC 1.75% 09/01/2031                                                              | CUSIP: 438516CF1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     27000 | PA      | $22714.92     | 0.23%             | 2031-09-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.75% 05/31/2030                                                                       | CUSIP: 91282CHF1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    210000 | PA      | $207809.77    | 2.07%             | 2030-05-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.375% 11/30/2030                                                                      | CUSIP: 91282CJM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     93000 | PA      | $94558.48     | 0.94%             | 2030-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.875% 10/31/2030                                                                      | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000 | PA      | $20821.09     | 0.21%             | 2030-10-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 2.5% 06/01/2055 #TBA                                                                     | CUSIP: 21H022663<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        |    -25000 | PA      | $-20950.85    | -0.21%            | 2055-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 5.5% 04/01/2054#CB8330                                                                 | CUSIP: 3140QUHG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46034 | PA      | $45716.69     | 0.45%             | 2054-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 6% 06/01/2055 #TBA                                                                     | CUSIP: 01F060667<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    125000 | PA      | $126254.89    | 1.26%             | 2055-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.625% 02/15/2035                                                                      | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    186000 | PA      | $189432.76    | 1.88%             | 2035-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.25% 02/28/2031                                                                       | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     35000 | PA      | $35348.63     | 0.35%             | 2031-02-28      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 4.625% 05/15/2054                                                    | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     95000 | PA      | $90365.04     | 0.90%             | 2054-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 6% 07/01/2055 #TBA                                                                       | CUSIP: 21H060671<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    100000 | PA      | $100818.93    | 1.00%             | 2055-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 07/31/2031                                                                      | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    137000 | PA      | $137174.14    | 1.36%             | 2031-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 3% 06/01/2055 #TBA                                                                     | CUSIP: 01F030660<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     75000 | PA      | $63843.71     | 0.63%             | 2055-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 2% 06/01/2055 #TBA                                                                     | CUSIP: 01F020661<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    300000 | PA      | $233191.38    | 2.32%             | 2055-06-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                  | HOME DEPOT INC 3.25% 04/15/2032                                                                  | CUSIP: 437076CP5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22847.14     | 0.23%             | 2032-04-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                                           | JPMORGAN CHASE and CO 2.963%/VAR 01/25/2033                                                      | CUSIP: 46647PCU8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26536.91     | 0.26%             | 2033-01-25      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4% 07/31/2030                                                                          | CUSIP: 91282CHR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    105000 | PA      | $105024.61    | 1.04%             | 2030-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 2.5% 05/20/2052#MA8042                                                                   | CUSIP: 36179W5B0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     69413 | PA      | $58232.38     | 0.58%             | 2052-05-20      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                                           | JPMORGAN CHASE and CO 5.103%/VAR 04/22/2031                                                      | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6087.05      | 0.06%             | 2031-04-22      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS LLC                                                       | DUKE ENERGY CAROLINAS LLC 3.95% 11/15/2028                                                       | CUSIP: 26442CAX2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     33000 | PA      | $32641.41     | 0.32%             | 2028-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                                           | JPMORGAN CHASE and CO 5.572%/VAR 04/22/2036                                                      | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8139.35      | 0.08%             | 2036-04-22      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                               | STATE STREET CORP 3.031%/VAR 11/01/2034                                                          | CUSIP: 857477BF9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22788.83     | 0.23%             | 2034-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TELUS CORPORATION                                                               | TELUS CORPORATION 3.4% 05/13/2032                                                                | CUSIP: 87971MBW2<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $40180.78     | 0.40%             | 2032-05-13      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                                                  | PNC FINANCIAL SERVICES GRP INC 4.812%/VAR 10/21/2032                                             | CUSIP: 693475CA1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49376.37     | 0.49%             | 2032-10-21      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 03/31/2032                                                                      | CUSIP: 91282CMT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    320000 | PA      | $319350.00    | 3.18%             | 2032-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.25% 01/31/2030                                                                       | CUSIP: 91282CMG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    140000 | PA      | $141728.13    | 1.41%             | 2030-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-ROIC                                                              | BX Trust 2025-ROIC VAR 03/15/2030 144A                                                           | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19000 | PA      | $18857.50     | 0.19%             | 2030-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| REGENCY CTRS LP                                                                 | REGENCY CTRS LP 5.1% 01/15/2035                                                                  | CUSIP: 75884RBC6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3945.63      | 0.04%             | 2035-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.5% 04/30/2030                                                                        | CUSIP: 91282CGZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     70000 | PA      | $68517.97     | 0.68%             | 2030-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                             | DOMINION ENERGY INC 2.25% 08/15/2031                                                             | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     61000 | PA      | $52262.73     | 0.52%             | 2031-08-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.625% 09/30/2031                                                                      | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    219000 | PA      | $213020.27    | 2.12%             | 2031-09-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                                    | ALIMENTATION COUCHE-TARD INC 3.625% 05/13/2051 144A                                              | CUSIP: 01626PAQ9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     29000 | PA      | $19132.69     | 0.19%             | 2051-05-13      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY CO                                                                  | WALT DISNEY CO 2.65% 01/13/2031                                                                  | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     27000 | PA      | $24599.49     | 0.24%             | 2031-01-13      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 2% 06/01/2055 #TBA                                                                     | CUSIP: 01F020661<br>LEI: N/A                  | Short            | ABS-MBS          | USGA              | US        |   -150000 | PA      | $-116595.69   | -1.16%            | 2055-06-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 6% 06/01/2055 #TBA                                                                       | CUSIP: 21H060663<br>LEI: 549300M8ZYFG0OCMTT87 | Short            | ABS-MBS          | USGA              | US        |   -100000 | PA      | $-100971.28   | -1.00%            | 2055-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                              | WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036                                                     | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8093.45      | 0.08%             | 2036-04-23      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4% 04/30/2032                                                                          | CUSIP: 91282CNA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     51000 | PA      | $50497.97     | 0.50%             | 2032-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                     | BANK OF AMERICA CORPORATION 5.015%/VAR 07/22/2033                                                | CUSIP: 06051GKY4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54808.83     | 0.55%             | 2033-07-22      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                   | FHLG 30YR 2.5% 09/01/2051#QC7086                                                                 | CUSIP: 3133AR2T1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     29762 | PA      | $24502.13     | 0.24%             | 2051-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 02/29/2032                                                                      | CUSIP: 91282CMR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     40000 | PA      | $39931.25     | 0.40%             | 2032-02-29      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ONCOR ELEC DELIVERY CO LLC                                                      | ONCOR ELEC DELIVERY CO LLC 4.15% 06/01/2032                                                      | CUSIP: 68233JCF9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23716.88     | 0.24%             | 2032-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AT and T INC                                                                    | AT and T INC 2.25% 02/01/2032                                                                    | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16968.60     | 0.17%             | 2032-02-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE COR PORATION                                         | FHLM 30YR 5.5% 03/01/2054#RJ1003                                                                 | CUSIP: 3142GRDH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22294 | PA      | $22140.01     | 0.22%             | 2054-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                           | MICRON TECHNOLOGY INC 2.703% 04/15/2032                                                          | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     36000 | PA      | $30687.19     | 0.31%             | 2032-04-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BOSTON PPTY LTD PARTNERSHIP                                                     | BOSTON PPTYS LTD PARTNERSHIP 2.45% 10/01/2033                                                    | CUSIP: 10112RBF0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     47000 | PA      | $36845.29     | 0.37%             | 2033-10-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                      | VERIZON COMMUNICATIONS INC 5.05% 05/09/2033                                                      | CUSIP: 92343VGT5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     74000 | PA      | $74097.90     | 0.74%             | 2033-05-09      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.875% 08/15/2034                                                                      | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    268000 | PA      | $258135.27    | 2.57%             | 2034-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.625% 05/15/2026                                                                      | CUSIP: 91282CHB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     45000 | PA      | $44775.35     | 0.45%             | 2026-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 2.5% 06/01/2055 #TBA                                                                   | CUSIP: 01F022667<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    125000 | PA      | $101870.10    | 1.01%             | 2055-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| LOWES COS INC                                                                   | LOWES COS INC 3.75% 04/01/2032                                                                   | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32571.97     | 0.32%             | 2032-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 4.5% 11/15/2054                                                      | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    115000 | PA      | $107345.31    | 1.07%             | 2054-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 6% 05/01/2054#                                                                         | CUSIP: 3140QUNN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23706 | PA      | $23993.56     | 0.24%             | 2054-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 4.25% 08/15/2054                                                     | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     76000 | PA      | $67960.63     | 0.68%             | 2054-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                               | DELL INTL/EMC CORP 6.2% 07/15/2030                                                               | CUSIP: 24703TAH9<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |     21000 | PA      | $22242.92     | 0.22%             | 2030-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GRP INC                                                      | CITIZENS FINANCIAL GRP INC 5.718%/VAR 07/23/2032                                                 | CUSIP: 174610BH7<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11229.47     | 0.11%             | 2032-07-23      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP (THE)                                                               | CIGNA GROUP (THE) 3.4% 03/15/2051                                                                | CUSIP: 125523CQ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     28000 | PA      | $18177.14     | 0.18%             | 2051-03-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 2% 01/20/2051#MA7135                                                                     | CUSIP: 36179V4U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     48485 | PA      | $38971.27     | 0.39%             | 2051-01-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                       | AMGEN INC 3% 02/22/2029                                                                          | CUSIP: 031162DD9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47427.20     | 0.47%             | 2029-02-22      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FLAVORS and FRAGRANCES INC                                        | INTERNATIONAL FLAVS and FRAG INC 2.3% 11/01/2030 144A                                            | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12201.33     | 0.12%             | 2030-11-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GNMA GUARANTEED PASS THRU CERT                                                  | GNMA II 5% 10/20/2054#MA9964                                                                     | CUSIP: 36180AB93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     24722 | PA      | $24000.11     | 0.24%             | 2054-10-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                             | CARRIER GLOBAL CORP 5.9% 03/15/2034                                                              | CUSIP: 14448CBC7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2101.32      | 0.02%             | 2034-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                             | AMERICAN EXPRESS CO 5.085%/VAR 01/30/2031                                                        | CUSIP: 025816DY2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16242.84     | 0.16%             | 2031-01-30      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                                           | JPMORGAN CHASE and CO 5.14%/VAR 01/24/2031                                                       | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20310.41     | 0.20%             | 2031-01-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | MORGAN STANLEY 5.23%/VAR 01/15/2031                                                              | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17251.15     | 0.17%             | 2031-01-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.375% 01/31/2032                                                                      | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     50000 | PA      | $50648.44     | 0.50%             | 2032-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                               | GENERAL MOTORS CO 5.4% 10/15/2029                                                                | CUSIP: 37045VAY6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18129.15     | 0.18%             | 2029-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 6.5% 06/01/2055 #TBA                                                                   | CUSIP: 01F062663<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     25000 | PA      | $25671.86     | 0.26%             | 2055-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                    | Fidelity Cash Central Fund                                                                       | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   1358834 | NS      | $1359105.39   | 13.52%            |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.625% 05/31/2031                                                                      | CUSIP: 91282CKU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     67000 | PA      | $68907.93     | 0.69%             | 2031-05-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4% 03/31/2030                                                                          | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $100171.88    | 1.00%             | 2030-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                     | BANK OF AMERICA CORPORATION 5.162%/VAR 01/24/2031                                                | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20296.33     | 0.20%             | 2031-01-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                         | BRISTOL-MYERS SQUIBB CO 2.95% 03/15/2032                                                         | CUSIP: 110122DU9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11622.25     | 0.12%             | 2032-03-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.75% 12/31/2028                                                                       | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $199023.44    | 1.98%             | 2028-12-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AES CORP                                                                        | AES CORP 1.375% 01/15/2026                                                                       | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26386.82     | 0.26%             | 2026-01-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| GNMA GUARANTEED PASS THRU CERT                                                  | GNMA II 4% 10/20/2052#MA8346                                                                     | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     89171 | PA      | $82328.29     | 0.82%             | 2052-10-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                   | FHLG 30YR 2% 11/01/2050#SD8106                                                                   | CUSIP: 3132DWAF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103599 | PA      | $81162.62     | 0.81%             | 2050-11-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 6% 06/01/2055 #TBA                                                                       | CUSIP: 21H060663<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    100000 | PA      | $100971.28    | 1.00%             | 2055-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FED HOME LOAN MTG CORP - GOLD                                                   | FHLG 30YR 4.5% 01/01/2053#                                                                       | CUSIP: 3132DWF40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46833 | PA      | $44323.89     | 0.44%             | 2053-01-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.5% 11/15/2033                                                                        | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    155000 | PA      | $157312.89    | 1.56%             | 2033-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                   | CITIGROUP INC 4.91%/VAR 05/24/2033                                                               | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14745.89     | 0.15%             | 2033-05-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4% 06/30/2028                                                                          | CUSIP: 91282CHK0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     60000 | PA      | $60234.38     | 0.60%             | 2028-06-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                                   | GOLDMAN SACHS GROUP INC (THE) 3.615%/VAR 03/15/2028                                              | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24552.92     | 0.24%             | 2028-03-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 4.25% 02/15/2054                                                     | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    310600 | PA      | $277416.76    | 2.76%             | 2054-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                      | UNUM GROUP 4% 06/15/2029                                                                         | CUSIP: 91529YAN6<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19422.66     | 0.19%             | 2029-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                              | WELLS FARGO and CO NEW 5.244%/VAR 01/24/2031                                                     | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12178.69     | 0.12%             | 2031-01-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.25% 05/15/2035                                                                       | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $98875.00     | 0.98%             | 2035-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA GTD MTG PASS THRU CTF                                                      | FNMA 30YR 2.5% 10/01/2051#BU3295                                                                 | CUSIP: 3140M4UV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23435 | PA      | $19293.68     | 0.19%             | 2051-10-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 5.05% 03/30/2029 | CUSIP: 161175BR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10045.87     | 0.10%             | 2029-03-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                     | UNITED STATES TREASURY BOND 4.75% 05/15/2055                                                     | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     63000 | PA      | $61385.63     | 0.61%             | 2055-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AES CORP                                                                        | AES CORP 2.45% 01/15/2031                                                                        | CUSIP: 00130HCG8<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     78000 | PA      | $66696.88     | 0.66%             | 2031-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROPERTIES LP                                                      | COPT DEFENSE PROPERTIES LP 2% 01/15/2029                                                         | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |     29000 | PA      | $25980.58     | 0.26%             | 2029-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.25% 11/15/2034                                                                       | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    174000 | PA      | $172287.19    | 1.71%             | 2034-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON CO OF NEW YORK INC                                          | CONSOLIDATED EDISON CO OF NY 3.35% 04/01/2030                                                    | CUSIP: 209111FX6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     47000 | PA      | $44781.60     | 0.45%             | 2030-04-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                | PUGET ENERGY INC 4.224% 03/15/2032                                                               | CUSIP: 745310AN2<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     44000 | PA      | $40543.89     | 0.40%             | 2032-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                                         | EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 1.3% 07/12/2026 144A                                     | CUSIP: 29449W7M3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51183.86     | 0.51%             | 2026-07-12      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | MORGAN STANLEY 4.889%/VAR 07/20/2033                                                             | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45311.90     | 0.45%             | 2033-07-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                      | HUMANA INC 3.7% 03/23/2029                                                                       | CUSIP: 444859BT8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     37000 | PA      | $35541.88     | 0.35%             | 2029-03-23      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 3% 06/01/2055 #TBA                                                                       | CUSIP: 21H030666<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     75000 | PA      | $65362.24     | 0.65%             | 2055-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                             | OTIS WORLDWIDE CORP 2.565% 02/15/2030                                                            | CUSIP: 68902VAK3<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     27000 | PA      | $24623.52     | 0.24%             | 2030-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                        | WARNERMEDIA HOLDINGS INC 4.279% 03/15/2032                                                       | CUSIP: 55903VBC6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25457.08     | 0.25%             | 2032-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                               | GENERAL MILLS INC 2.25% 10/14/2031                                                               | CUSIP: 370334CQ5<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47169.05     | 0.47%             | 2031-10-14      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 08/31/2030                                                                      | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     58000 | PA      | $58330.78     | 0.58%             | 2030-08-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                      | FANNIEMAE 30YR 2.5% 06/01/2052#FA0543                                                            | CUSIP: 3140W0S97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52505 | PA      | $43537.71     | 0.43%             | 2052-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP DEL                                                                | CENTENE CORP 4.625% 12/15/2029                                                                   | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29853.03     | 0.30%             | 2029-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 3.5% 04/30/2028                                                                        | CUSIP: 91282CHA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    560000 | PA      | $554375.58    | 5.51%             | 2028-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                        | WARNERMEDIA HOLDINGS INC 5.141% 03/15/2052                                                       | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     27000 | PA      | $17502.97     | 0.17%             | 2052-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                             | FIFTH THIRD BANCORP 4.895%/VAR 09/06/2030                                                        | CUSIP: 316773DM9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10023.95     | 0.10%             | 2030-09-06      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GNMA II GTD PASS THRU CTF MULTIPLE ISSUER                                       | GNII II 2.5% 07/01/2055 #TBA                                                                     | CUSIP: 21H022671<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     25000 | PA      | $20943.04     | 0.21%             | 2055-07-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                              | ALLY FINL INC 5.543%/VAR 01/17/2031                                                              | CUSIP: 02005NBW9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1996.18      | 0.02%             | 2031-01-17      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| MARSH and MCLENNAN COS INC                                                      | MARSH and MCLENNAN COS INC 2.375% 12/15/2031                                                     | CUSIP: 571748BP6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     57000 | PA      | $49152.70     | 0.49%             | 2031-12-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                    | NISOURCE INC 1.7% 02/15/2031                                                                     | CUSIP: 65473PAL9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     63000 | PA      | $53253.91     | 0.53%             | 2031-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LOWES COS INC                                                                   | LOWES COS INC 4.25% 04/01/2052                                                                   | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18968.66     | 0.19%             | 2052-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA INC                                                | REINSURANCE GRP OF AMERICA INC 5.75% 09/15/2034                                                  | CUSIP: 759351AS8<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20263.96     | 0.20%             | 2034-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                    | WP CAREY INC 2.45% 02/01/2032                                                                    | CUSIP: 92936UAJ8<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |     42000 | PA      | $35306.61     | 0.35%             | 2032-02-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                             | ALEXANDRIA REAL EST EQUITS INC 2% 05/18/2032                                                     | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |     42000 | PA      | $33891.05     | 0.34%             | 2032-05-18      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 2% 07/01/2055 #TBA                                                                     | CUSIP: 01F020679<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    150000 | PA      | $116660.15    | 1.16%             | 2055-07-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                     | PROLOGIS LP 2.875% 11/15/2029                                                                    | CUSIP: 74340XBY6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     38000 | PA      | $35462.51     | 0.35%             | 2029-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                              | WELLS FARGO and CO NEW 5.499%/VAR 01/23/2035                                                     | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59334.78     | 0.59%             | 2035-01-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 3.5% 06/01/2055 #TBA                                                                   | CUSIP: 01F032666<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    100000 | PA      | $88703.08     | 0.88%             | 2055-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                                   | GOLDMAN SACHS GROUP INC (THE) 3.102%/VAR 02/24/2033                                              | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     21000 | PA      | $18546.84     | 0.18%             | 2033-02-24      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES POWER CO (MN)                                                   | NORTHERN STATES POWER CO (MN) 2.25% 04/01/2031                                                   | CUSIP: 665772CT4<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35574.51     | 0.35%             | 2031-04-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 4% 06/01/2055 #TBA                                                                     | CUSIP: 01F040669<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     75000 | PA      | $68765.59     | 0.68%             | 2055-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                         | ASTRAZENECA FINANCE LLC 1.75% 05/28/2028                                                         | CUSIP: 04636NAE3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     27000 | PA      | $25183.23     | 0.25%             | 2028-05-28      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | MORGAN STANLEY 2.943%/VAR 01/21/2033                                                             | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26361.37     | 0.26%             | 2033-01-21      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SANTANDER HLDGS USA INC                                                         | SANTANDER HLDGS USA INC 5.807%/VAR 09/09/2026                                                    | CUSIP: 80282KBE5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7013.84      | 0.07%             | 2026-09-09      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 6.1% 06/01/2029  | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5205.01      | 0.05%             | 2029-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | MORGAN STANLEY 5.192%/VAR 04/17/2031                                                             | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6087.62      | 0.06%             | 2031-04-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 07/31/2028                                                                      | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    175000 | PA      | $176305.66    | 1.75%             | 2028-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                      | ZOETIS INC 2% 05/15/2030                                                                         | CUSIP: 98978VAS2<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     27000 | PA      | $23970.01     | 0.24%             | 2030-05-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES FINANCING LTD                                                | TRANE TECHNOLOGIES FINANCING LTD 3.8% 03/21/2029                                                 | CUSIP: 456873AD0<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |     35000 | PA      | $34388.15     | 0.34%             | 2029-03-21      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                       | UST NOTES 4.125% 10/31/2031                                                                      | CUSIP: 91282CLU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     77000 | PA      | $76993.98     | 0.77%             | 2031-10-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FNMA/FHLG TBA ISSUER                                                            | UMBS 30YR 5.5% 06/01/2055 #TBA                                                                   | CUSIP: 01F052664<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     50000 | PA      | $49515.66     | 0.49%             | 2055-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                | T-MOBILE USA INC 2.875% 02/15/2031                                                               | CUSIP: 87264ABT1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19798.50     | 0.20%             | 2031-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer