# EDGAR Filing Document

**Accession Number:** 0000088525
**File Stem:** 0000940400-26-022567
**Filing Date:** 2026-6
**Character Count:** 169550
**Document Hash:** eed3df9a42bdf20d7f93b678298fa9f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022567.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022567

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUGGENHEIM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000088525

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01136
- **FILM NUMBER:** 261048174

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURITY EQUITY FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Guggenheim Ultra Short Duration Fund (Series ID: S000063493)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000205703 | Class A       | GIYAX           |
| C000205704 | Institutional | GIYIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Guggenheim Funds Trust

- **b. Investment Company Act file number:** 811-01136

- **c. CIK number of Registrant:** 0000088525

- **d. LEI of Registrant:** 54930033G24U3UGWK691

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

  - **Street Address 1:** 702 KING FARM BOULEVARD

  - **City:** ROCKVILLE

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** Guggenheim Ultra Short Duration Fund

- **b. EDGAR series identifier (if any):** S000063493

- **c. LEI of Series:** 549300CH4K7JJYWG0618

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $573274247.52

**Total Liabilities:** $7605169.79

**Net Assets:** $565669077.73

**Delayed Delivery Securities:** $2840000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 5619.34652810 | **1-Year:** 52656.71461990 | **5-Year:** 48239.33384000 | **10-Year:** 6136.42100150 | **30-Year:** 632.67851850

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

- **3-Month:** 748.55653530 | **1-Year:** 3067.98422070 | **5-Year:** 3534.27085710 | **10-Year:** 157.20133700 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205703 | 0.54%                | 0.24%                | -0.05%               |
| Class ID C000205704 | 0.46%                | 0.26%                | 0.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $482.10                  | $1924222.74                                |
| Month 2  | $2079566.13              | $-2399982.78                               |
| Month 3  | $-729.22                 | $-5904542.61                               |

**Designated Index Information**

- **Index Name:** Portfolio (ExDerivative)

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RCKT Mortgage Trust 2025-CES8                                               | RCKT 2025-CES8 A1A                                                          | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-O            | CORP              | US        |    859962 | PA      | $858290.92    | 0.15%             | 2055-08-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN CLO 32R LTD                                                | NEUB 2019-32RA B                                                            | CUSIP: 64135XAC5<br>LEI: 25490093SHVBS5BLDZ40 | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $299769.03    | 0.05%             | 2039-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| PRPM 2026-1 LLC                                                             | PRPM 2026-1 A1                                                              | CUSIP: 74449BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    833413 | PA      | $824613.75    | 0.15%             | 2031-02-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                    | ICLR 5.849 05/08/29                                                         | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203923.07    | 0.04%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5550 DC                                                                 | CUSIP: 3137HLKN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2678941 | PA      | $2698968.02   | 0.48%             | 2051-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5571 BA                                                                 | CUSIP: 3137HMEB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1990827 | PA      | $1995649.39   | 0.35%             | 2051-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wmrk Commercial Mortgage Trust 2022-Wmrk                                    | WMRK 2022-WMRK B                                                            | CUSIP: 929342AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1836963 | PA      | $1836963.31   | 0.32%             | 2027-11-15      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2026-5 LLC                                                        | HLEND 2026-5A A2                                                            | CUSIP: 403967AC6<br>LEI: 529900N6JRXPABMGOA33 | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1249996.38   | 0.22%             | 2039-04-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                                              | Station Place Securitization Trust Series 2024-SP2                          | CUSIP: 857942AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $900000.00    | 0.16%             | 2026-07-12      | Floating      | 5.38%                 | No            |                  3 | On Loan: No      |
| Enviri Corp.                                                                | NVRI 5.75 07/31/27 144A                                                     | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |    700000 | PA      | $698310.27    | 0.12%             | 2027-07-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ELLINGTON FINANCIAL MORTGAGE TRUST 2020-2                                   | EFMT 2020-2 A2                                                              | CUSIP: 31573WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    179503 | PA      | $169593.99    | 0.03%             | 2065-10-25      | Variable      | 1.49%                 | No            |                  3 | On Loan: No      |
| Bravo Residential Funding Trust 2025-NQM7                                   | BRAVO 2025-NQM7 A1                                                          | CUSIP: 10570TAP0<br>LEI: 254900I1LYOO3G3UAT10 | Long             | ABS-O            | CORP              | US        |   1124793 | PA      | $1128381.56   | 0.20%             | 2065-07-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                   | BRAVO 2024-NQM1 A1                                                          | CUSIP: 10570FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1578583 | PA      | $1583849.49   | 0.28%             | 2063-12-01      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| iShares Trust                                                               | iShares Trust CORE S&P500 ETF                                               | CUSIP: 464287200<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     38000 | NS      | $24821980.00  | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                 | RCKT 2025-CES5 A1A                                                          | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-O            | CORP              | US        |    584346 | PA      | $587990.39    | 0.10%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-1                                  | STAR 2020-1 A1                                                              | CUSIP: 85573AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     33497 | PA      | $31980.59     | 0.01%             | 2050-02-25      | Variable      | 2.27%                 | No            |                  3 | On Loan: No      |
| LHOME MORTGAGE TRUST 2024-RTL5                                              | LHOME 2024-RTL5 A1                                                          | CUSIP: 50205WAA5<br>LEI: 529900ZQNJ23BIJVY871 | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $1950032.18   | 0.34%             | 2039-09-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners                                                            | Buckeye Partners Term Loan B 175 2032-09-17                                 | CUSIP: 11823LAR6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | LON              | CORP              | US        |    496663 | PA      | $498058.73    | 0.09%             | 2032-11-22      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management                                | Dreyfus Treasury Obligations Cash Management TREASURY INSTNAL               | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |  11488891 | NS      | $11488891.48  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mile Trust 2025-STNE                                                        | MILE 2025-STNE A                                                            | CUSIP: 59918AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1346625.00   | 0.24%             | 2042-07-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| OSAT 2021-RPL1 TRUST                                                        | OSAT 2021-RPL1 A1                                                           | CUSIP: 67114HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4982546 | PA      | $4985339.28   | 0.88%             | 2065-05-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM4 Trust                                                        | GCAT 2025-NQM4 A1                                                           | CUSIP: 367923AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1880829 | PA      | $1887255.43   | 0.33%             | 2070-06-25      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                            | AMCR 1.65 01/15/27                                                          | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1076981.28   | 0.19%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                 | NWIDE V4.649 07/14/29 144A                                                  | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2001804.62   | 0.35%             | 2029-07-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                           | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   1212000 | NC      | $5547.44      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LEGACY MORTGAGE ASSET TRUST 2021-GS3                                        | LMAT 2021-GS3 A1                                                            | CUSIP: 52474XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2353571 | PA      | $2354318.95   | 0.42%             | 2061-07-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2018-2                                  | NRZT 2018-2A A1B                                                            | CUSIP: 64828CAG4<br>LEI: 549300U1MV4J7YQZG974 | Long             | ABS-O            | CORP              | US        |    389459 | PA      | $371296.62    | 0.07%             | 2058-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                 | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   1459000 | NC      | $5415.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-62 BA                                                              | CUSIP: 3136BWZA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2152055 | PA      | $2175170.66   | 0.38%             | 2051-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                 | BNP PARIBAS TRI PARTY                                                       | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | RA               | CORP              | US        |  12000563 | PA      | $12000563.00  | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                                        | FIGRE 2025-PF2 A                                                            | CUSIP: 316918AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    887985 | PA      | $879252.68    | 0.16%             | 2055-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc.            | BCULC 3.875 01/15/28 144A                                                   | CUSIP: 68245XAH2<br>LEI: 549300RHSHNRWI5LLA86 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $684235.30    | 0.12%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-CES7                                               | RCKT 2025-CES7 A1A                                                          | CUSIP: 74943AAA0<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-O            | CORP              | US        |    403684 | PA      | $404519.33    | 0.07%             | 2055-07-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                                         | TMCL 2020-1A A                                                              | CUSIP: 88315LAE8<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    323706 | PA      | $312051.08    | 0.06%             | 2045-08-20      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                                                | ANGINC 5 06/15/27                                                           | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2138177.52   | 0.38%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                 | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  -1459000 | NC      | $-4253.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-7                                           | VERUS 2025-7 A1                                                             | CUSIP: 924931AC2<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-O            | CORP              | US        |    912530 | PA      | $911427.86    | 0.16%             | 2070-08-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                                | MEXPCP 5.5 08/17/30 144A                                                    | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |    700000 | PA      | $703675.00    | 0.12%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Starwood Capital Group                                                      | STAR 2026-SFR7 Trust                                                        | CUSIP: 85520GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2840000 | PA      | $2840000.00   | 0.50%             | 2043-05-17      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corp.                                                 | PNW 4.9 05/15/28                                                            | CUSIP: 723484AM3<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    450000 | PA      | $453384.00    | 0.08%             | 2028-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NLT 2025-NQM1 TRUST                                                         | NLT 2025-NQM1 PT                                                            | CUSIP: 629154AJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1822142 | PA      | $1903800.91   | 0.34%             | 2070-10-25      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO VII LTD                                                        | OR 2022-7A AR                                                               | CUSIP: 69121BAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1350000 | PA      | $1344401.42   | 0.24%             | 2038-04-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                       | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |    728000 | NC      | $3980.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TRITON CONTAINER FINANCE VIII LLC                                           | TCF 2021-1A A                                                               | CUSIP: 89680HAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4168750 | PA      | $3851951.63   | 0.68%             | 2046-03-20      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| Novelis                                                                     | Novelis Term Loan B 200 2032-02-09                                          | CUSIP: 67000LAB8<br>LEI: 549300ZJQN1PEAT42X90 | Long             | LON              | CORP              | US        |    645113 | PA      | $644841.84    | 0.11%             | 2032-03-11      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                                     | LGENSO 5 04/02/29 144A                                                      | CUSIP: 50205MAK5<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    300000 | PA      | $300407.89    | 0.05%             | 2029-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lithia Motors Incorporated                                                  | LAD 5.5 10/01/30 144A                                                       | CUSIP: 536797AJ2<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293979.11    | 0.05%             | 2030-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELDRIDGE CLO 2025-1 LTD                                                     | ELD 2025-1A A1                                                              | CUSIP: 284913AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5500000 | PA      | $5503061.85   | 0.97%             | 2038-10-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-5                                               | SEMT 2025-5 A5                                                              | CUSIP: 81743GAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3565555 | PA      | $3567544.03   | 0.63%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-4 LLC                                                        | HLEND 2025-4A B                                                             | CUSIP: 43367AAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1050000 | PA      | $1046802.23   | 0.19%             | 2037-08-17      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp                                                            | NTT 4.62 07/16/28 144A                                                      | CUSIP: 62954WAQ8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   1350000 | PA      | $1355132.20   | 0.24%             | 2028-07-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $18786.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BENCHMARK 2019-B14 MORTGAGE TRUST                                           | BMARK 2019-B14 XA                                                           | CUSIP: 08162YAK8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  29767306 | PA      | $547114.16    | 0.10%             | 2062-12-15      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| Polaris Inc.                                                                | PII 6.95 03/15/29                                                           | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1361483.24   | 0.24%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BSPRT 2025-FL12 ISSUER LLC                                                  | BSPRT 2025-FL12 A                                                           | CUSIP: 05619BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    900000 | PA      | $898249.50    | 0.16%             | 2043-01-17      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                       | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |  -1213000 | NC      | $-4617.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HOMES TR 2024-AFC2                                                          | HOMES 2024-AFC2 A1                                                          | CUSIP: 437920AC5<br>LEI: 254900GDF2MBHUV58Z95 | Long             | ABS-O            | CORP              | US        |    709809 | PA      | $712061.60    | 0.13%             | 2059-10-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |    726000 | NC      | $2694.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EFMT 2025-CES4                                                              | EFMT 2025-CES4 A1                                                           | CUSIP: 267954AA3<br>LEI: 254900UDLJF220C8I638 | Long             | ABS-O            | CORP              | US        |   1403710 | PA      | $1405846.15   | 0.25%             | 2060-06-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Vontier Corporation                                                         | VNT 1.8 04/01/26                                                            | CUSIP: 928881AB7<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2150000.00   | 0.38%             | 2026-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Trust 2018-Rpl5                                             | LMAT 2021-GS2 A1                                                            | CUSIP: 52476DAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1055338 | PA      | $1057182.03   | 0.19%             | 2061-04-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                                               | STWD 5.25 10/15/28 144A                                                     | CUSIP: 85571BBF1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988599.80    | 0.17%             | 2028-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL MORTGAGE LOAN TRUST 2020-1                                      | RMLT 2020-1 A1                                                              | CUSIP: 76119CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     12123 | PA      | $12077.38     | 0.00%             | 2060-01-25      | Variable      | 2.38%                 | No            |                  3 | On Loan: No      |
| PRIORITY 1 ISSUER LOGISTICS DAC                                             | PRPM 2025-RCF3 A1                                                           | CUSIP: 69392PAA3<br>LEI: 635400FLODFXG5M9HI42 | Long             | ABS-O            | CORP              | IE        |    904549 | PA      | $902749.07    | 0.16%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $212683.38    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru                                              | Provident Funding Mortgage Trust 2026-1                                     | CUSIP: 74386PAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540968 | PA      | $533606.10    | 0.09%             | 2056-01-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING III BV                                                         | PEER USA LLC                                                                | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    600000 | PA      | $594000.00    | 0.11%             | 2032-09-29      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.                        | RKT 2.875 10/15/26 144A                                                     | CUSIP: 77313LAA1<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   2650000 | PA      | $2621333.63   | 0.46%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                    | LLOYDS V5.087 11/26/28                                                      | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   2300000 | PA      | $2320973.40   | 0.41%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                                        | FIGRE 2026-HE1 A                                                            | CUSIP: 30249NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    481042 | PA      | $477088.95    | 0.08%             | 2056-01-25      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| Lincoln Financial Global Funding                                            | LNC 4.2 01/12/29 144A                                                       | CUSIP: 53359KAD3<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |    450000 | PA      | $444965.85    | 0.08%             | 2029-01-12      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd                                             | BAMCN 4.653 11/15/30                                                        | CUSIP: 113004AB1<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |   1350000 | PA      | $1338020.57   | 0.24%             | 2030-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc.                                                          | GXO 6.25 05/06/29                                                           | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1347683.95   | 0.24%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CIFC Funding 2022-I Ltd. / CIFC Funding 2022-I Llc                          | CIFC 2022-1A B                                                              | CUSIP: 12570LAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $500751.30    | 0.09%             | 2035-04-17      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H6 MORTGAGE TRUST                                                | CROSS 2025-H6 A1                                                            | CUSIP: 22758TAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1027998 | PA      | $1026152.87   | 0.18%             | 2070-07-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| GREYSTONE CRE NOTES 2025-FL4 LTD                                            | GSTNE 2025-FL4 A                                                            | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2250000 | PA      | $2246767.20   | 0.40%             | 2043-01-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| CLI FUNDING IX LLC                                                          | CLIF 2025-1A A                                                              | CUSIP: 12571WAG8<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |   1020708 | PA      | $1028336.09   | 0.18%             | 2050-06-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-1                                            | TPMT 2025-1 A1A                                                             | CUSIP: 89190KAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275205 | PA      | $2262960.98   | 0.40%             | 2065-06-25      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-11839.83    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 6 LLC                                               | ARESDL 2025-2A A2                                                           | CUSIP: 039960AC3<br>LEI: 254900F5EQV7KVCD4M68 | Long             | ABS-CBDO         | CORP              | US        |   1300000 | PA      | $1300030.29   | 0.23%             | 2037-10-16      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc.                                                           | LPLA 5.7 05/20/27                                                           | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1211081.47   | 0.21%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2021-NYAH              | JPMCC 2021-NYAH D                                                           | CUSIP: 46654EAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2358370.35   | 0.42%             | 2038-06-15      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                         | AVTR 4.625 07/15/28 144A                                                    | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1366418.83   | 0.24%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2018-2                                            | TPMT 2018-2 A1                                                              | CUSIP: 89175VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     90057 | PA      | $89322.14     | 0.02%             | 2058-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                 | CQP 4.5 10/01/29                                                            | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1294313.79   | 0.23%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Incorporated                                           | MCHP 4.9 03/15/28                                                           | CUSIP: 595017BK9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2213318.54   | 0.39%             | 2028-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2025-SFR2 TRUST                                          | TCN 2025-SFR2 B                                                             | CUSIP: 89617FAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    799205 | PA      | $793320.88    | 0.14%             | 2044-08-18      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XXIV LLC                                                       | OR 2026-24A A                                                               | CUSIP: 69122KAA1<br>LEI: 254900KMIN8B894DGS50 | Long             | ABS-CBDO         | CORP              | US        |   1300000 | PA      | $1293833.84   | 0.23%             | 2038-01-22      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                    | GNR 2025-117 NB                                                             | CUSIP: 38381NQ50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1815058 | PA      | $1828062.33   | 0.32%             | 2052-03-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSMC 2020-NQM1 TRUST                                                        | CSMC 2020-NQM1 A1                                                           | CUSIP: 126401AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    462592 | PA      | $444242.05    | 0.08%             | 2065-05-25      | Variable      | 2.21%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                         | GPN 4.55 03/15/28                                                           | CUSIP: 37940XBA9<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1493338.11   | 0.26%             | 2028-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| J P MORGAN MORTGAGE TRUST 2025-1                                            | JPMMT 2025-1 A4                                                             | CUSIP: 46658UAE1<br>LEI: 529900DB310G9HU4BP72 | Long             | ABS-O            | CORP              | US        |    646519 | PA      | $650065.76    | 0.11%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC                                      | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              | CORP              | GB        |  -2182000 | NC      | $-8305.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BO GPS IV CAPITAL CALL FACILITY B                                           | BO GPS IV CAPITAL CALL FACILITY B                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1323944.38   | 0.23%             | 2028-10-30      | Fixed         | 4.88%                 | No            |                  3 | On Loan: No      |
| JCP DIRECT LENDING CLO 2023-1 LTD                                           | JCPDL 2023-1A A1R                                                           | CUSIP: 46656TAS5<br>LEI: 254900B78BA7J8JB6X59 | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2500193.25   | 0.44%             | 2037-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Lincoln Financial Global Funding                                            | LNC 4.625 05/28/28 144A                                                     | CUSIP: 53359KAB7<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |    900000 | PA      | $900130.19    | 0.16%             | 2028-05-28      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NLT 2026-NQM1 PT                                                            | NLT 2026-NQM1 PT                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4367328.00   | 0.77%             | 2066-01-25      | Fixed         | 6.92%                 | No            |                  3 | On Loan: No      |
| MILL CITY SECURITIES 2024-RS2 LTD                                           | MCMLT 2024-RS2 A1                                                           | CUSIP: 59982DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    169563 | PA      | $160828.68    | 0.03%             | 2069-08-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                           | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   -727000 | NC      | $-2761.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OBX 2025-J3 Trust                                                           | OBX 2025-J3 A5                                                              | CUSIP: 67449KAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    932342 | PA      | $924846.35    | 0.16%             | 2055-10-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                                            | UWMC 6.25 03/15/31 144A                                                     | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $455342.75    | 0.08%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Cno Global Funding                                                          | CNO 5.875 06/04/27 144A                                                     | CUSIP: 18977W2D1<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   1660000 | PA      | $1682698.72   | 0.30%             | 2027-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 49M-R2 LTD                                       | GOCAP 2020-49A A1R2                                                         | CUSIP: 38181HAC7<br>LEI: 254900HDEN0DKV4B8U17 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2004127.20   | 0.35%             | 2038-07-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-3 LLC                                                        | HLEND 2025-3A A                                                             | CUSIP: 403961AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    900000 | PA      | $896227.65    | 0.16%             | 2037-01-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| LIFE 2021-BMR MORTGAGE TRUST                                                | LIFE 2021-BMR C                                                             | CUSIP: 53218CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    261660 | PA      | $259043.03    | 0.05%             | 2038-03-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO IV LTD                                                         | OR 2020-4A A1R                                                              | CUSIP: 691200AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3463350 | PA      | $3460418.83   | 0.61%             | 2033-08-22      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $50327.81     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                     | SORT 2021-1A B1                                                             | CUSIP: 12530MAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2120507 | PA      | $1291774.27   | 0.23%             | 2061-03-15      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                           | NWG F 05/23/29                                                              | CUSIP: 639057AU2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $652398.50    | 0.12%             | 2029-05-23      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CORP TRUST 2007-9                               | SASC 2007-BC4 A1                                                            | CUSIP: 86365DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1009828 | PA      | $987977.36    | 0.17%             | 2037-11-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                          | BX 2025-VOLT A                                                              | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $1943906.25   | 0.34%             | 2044-12-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                     | FHLBDN 0 04/01/26                                                           | CUSIP: 313385UZ7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  15500000 | PA      | $15498454.34  | 2.74%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Compass Minerals International Inc.                                         | CMP 8 07/01/30 144A                                                         | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |    550000 | PA      | $569148.80    | 0.10%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                                  | STR 2025-1A A4                                                              | CUSIP: 86212FAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    798000 | PA      | $782342.28    | 0.14%             | 2055-10-20      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BDS 2025-FL15 LLC                                                           | BDS 2025-FL15 AS                                                            | CUSIP: 05556EAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $992119.00    | 0.18%             | 2043-03-19      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| TransDigm                                                                   | TransDigm Term Loan K 225 2030-03-01                                        | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    348250 | PA      | $348155.97    | 0.06%             | 2030-03-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Corpay (fka FleetCor Technologies)                                          | Corpay (fka FleetCor Technologies) Term Loan B (Incremental) 175 2032-09-27 | CUSIP: 33903RBA6<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |    698250 | PA      | $696797.64    | 0.12%             | 2032-11-05      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                    | GNR 2025-1 MT                                                               | CUSIP: 38385CQG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1038382 | PA      | $1030447.94   | 0.18%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Creative Planning                                                           | Creative Planning Term Loan B 200 2031-05-05                                | CUSIP: 1261MAAE0<br>LEI: 254900A9E6SC2CI8V842 | Long             | LON              | CORP              | US        |    149242 | PA      | $148106.69    | 0.03%             | 2031-05-19      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                            | FHR 5644 BA                                                                 | CUSIP: 3137HR5X3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   4300000 | PA      | $4294977.60   | 0.76%             | 2055-07-25      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2022-1                                             | AOMT 2022-1 A3                                                              | CUSIP: 03464BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1104058 | PA      | $1000275.86   | 0.18%             | 2066-12-25      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| WhiteWater Whistler                                                         | WhiteWater Whistler Term Loan B 175 2030-02-01                              | CUSIP: 96620EAF4<br>LEI: 549300FRGKJP12ZORL46 | Long             | LON              | CORP              | US        |    122213 | PA      | $121856.19    | 0.02%             | 2030-02-15      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-90258.69    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2017-6                                            | TPMT 2017-6 A1                                                              | CUSIP: 89175JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    111866 | PA      | $110481.93    | 0.02%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                       | BELL 2021-1A A2I                                                            | CUSIP: 87342RAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3193125 | PA      | $3121174.63   | 0.55%             | 2051-08-25      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Homes 2025-NQM4 Trust                                                       | HOMES 2025-NQM4 A1                                                          | CUSIP: 403958AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    655800 | PA      | $654911.87    | 0.12%             | 2070-08-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                                        | MQGAU V3.763 11/28/28 144A                                                  | CUSIP: 55608JAK4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   2753000 | PA      | $2714423.89   | 0.48%             | 2028-11-28      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Williams Scotsman International Inc                                         | WLSC 4.625 08/15/28 144A                                                    | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1377250.70   | 0.24%             | 2028-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Acrec 2026-FL4 LLC                                                          | ACREC 2026-FL4 AS                                                           | CUSIP: 004970AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1395516.50   | 0.25%             | 2043-01-18      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc.                                                             | CRM 4.65 03/15/29                                                           | CUSIP: 79466LAR5<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1402899.27   | 0.25%             | 2029-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| OAK STREET INVESTMENT GRADE NET LEASE FUND SERIES 2020-1 LLC                | OAKIG 2020-1A A1                                                            | CUSIP: 67181DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5195699 | PA      | $4729581.83   | 0.84%             | 2050-11-20      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Global Funding                                        | BHF 5.55 04/09/27 144A                                                      | CUSIP: 10921U2J6<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3925091.98   | 0.69%             | 2027-04-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                | BACR V4.476 11/11/29                                                        | CUSIP: 06738EDD4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1350000 | PA      | $1342594.33   | 0.24%             | 2029-11-11      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-VIS1                                          | JPMMT 2026-VIS1 A1                                                          | CUSIP: 46660PAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2482466 | PA      | $2461730.68   | 0.44%             | 2066-06-01      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| PRPM 2026-2 LLC                                                             | PRPM 2026-2 A1                                                              | CUSIP: 74390XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    524867 | PA      | $523198.52    | 0.09%             | 2031-02-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2020-1                                  | NRZT 2020-1A A1B                                                            | CUSIP: 64830TAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    727118 | PA      | $680875.38    | 0.12%             | 2059-10-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE BACKED SECURITIES TRUST 2025-NQM3                               | GSMBS 2025-NQM3 A1                                                          | CUSIP: 36274TAA7<br>LEI: 2549007JKCA9H9HUGZ71 | Long             | ABS-O            | CORP              | US        |    636318 | PA      | $635877.90    | 0.11%             | 2065-11-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-CES4                                         | TPMT 2025-CES4 A1A                                                          | CUSIP: 89170UAA8<br>LEI: 254900V1XGR6BSB30T32 | Long             | ABS-O            | CORP              | US        |    678148 | PA      | $674692.18    | 0.12%             | 2065-10-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST 2023-NQM1                                      | BARC 2023-NQM1 A1A                                                          | CUSIP: 066940AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    310112 | PA      | $311242.91    | 0.06%             | 2063-01-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| NYMT Loan Trust 2025-INV2                                                   | NYMT 2025-INV2 A1                                                           | CUSIP: 62957JAC5<br>LEI: 254900EYRFLK2LMLVT67 | Long             | ABS-O            | CORP              | US        |   2452767 | PA      | $2440038.36   | 0.43%             | 2060-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   -727000 | NC      | $-2111.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2018-C8                          | JPMDB 2018-C8 XA                                                            | CUSIP: 46591ABC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  19497810 | PA      | $190856.27    | 0.03%             | 2051-06-16      | Variable      | 0.59%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                                                    | Neuberger Berman Loan Advisers CLO 47 Ltd                                   | CUSIP: 64135DAL9<br>LEI: 549300JRWXK6DFJD7D06 | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1399842.36   | 0.25%             | 2035-04-16      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                                                             | SLAM 2021-1A A                                                              | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $995384.88    | 0.18%             | 2046-06-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-FIX1                                         | TPMT 2025-FIX1 A1                                                           | CUSIP: 89183MAA1<br>LEI: 2549009GWN99QN2XSG71 | Long             | ABS-O            | CORP              | US        |   1257748 | PA      | $1246745.79   | 0.22%             | 2065-09-25      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp                                               | EFNCN 6.271 06/26/26 144A                                                   | CUSIP: 286181AH5<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   1200000 | PA      | $1203125.75   | 0.21%             | 2026-06-26      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| QTS ISSUER ABS I LLC                                                        | QTS 2025-1A A2                                                              | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1285527.36   | 0.23%             | 2055-05-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                                            | DTMINC 4.125 06/15/29 144A                                                  | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1272648.55   | 0.22%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-6                                           | VERUS 2021-6 A3                                                             | CUSIP: 92538MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1305305 | PA      | $1143939.72   | 0.20%             | 2066-10-25      | Variable      | 1.89%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                         | NEE 4.685 09/01/27                                                          | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1808683.92   | 0.32%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                       | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |   1213000 | NC      | $5552.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5564 CA                                                                 | CUSIP: 3137HMCR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    808441 | PA      | $809717.70    | 0.14%             | 2052-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cross 2026 NQM2 Mortgage Trust                                              | CROSS 2026-NQM3 A1                                                          | CUSIP: 227925AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001429.90   | 0.18%             | 2071-03-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 16(M)-R2 LP                                      | GOCAP 2013-16A A2R3                                                         | CUSIP: 38181EAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400048.64    | 0.07%             | 2039-08-09      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| TD Synnex Corp                                                              | SNX 4.3 01/17/29                                                            | CUSIP: 87162WAM2<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1384443.66   | 0.24%             | 2029-01-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Jane Street Group                                                           | Jane Street Group Term Loan B 200 2031-12-01                                | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |   1135322 | PA      | $1113262.48   | 0.20%             | 2031-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2026-CNF3                                                    | PMTLT 2026-CNF3 A5                                                          | CUSIP: 69383XAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1447963.66   | 0.26%             | 2057-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM1 TRUST                                                         | OBX 2025-NQM1 A1                                                            | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-O            | CORP              | US        |    760528 | PA      | $763500.14    | 0.13%             | 2064-12-25      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                               | OMF 3.5 01/15/27                                                            | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1128281.68   | 0.20%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Madison Pk Fdg XLVIII Ltd / Llc                                             | MDPK 2021-48A BR                                                            | CUSIP: 55821UAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2697179.58   | 0.48%             | 2039-01-19      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| PFP 2026-13 LTD                                                             | PFP 2026-13 AS                                                              | CUSIP: 716966AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1397591.58   | 0.25%             | 2043-08-18      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                         | GRADE 2025-LOC4 A1A                                                         | CUSIP: 79589VAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1121327 | PA      | $1125211.03   | 0.20%             | 2055-06-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM3                               | NRZT 2025-NQM3 A1                                                           | CUSIP: 64832CAC7<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-O            | CORP              | US        |    236374 | PA      | $237522.69    | 0.04%             | 2065-05-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-65 BA                                                              | CUSIP: 3136BWU53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1956181 | PA      | $1959459.78   | 0.35%             | 2053-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fortitude Global Funding                                                    | FORTRE 4.625 10/06/28 144A                                                  | CUSIP: 34967GAA2<br>LEI: 635400TKBOGEHNO5RT68 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1732235.45   | 0.31%             | 2028-10-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM10 TRUST                                                        | OBX 2025-NQM10 A1                                                           | CUSIP: 67121LAA4<br>LEI: 254900NDJVO62R77II89 | Long             | ABS-O            | CORP              | US        |    396969 | PA      | $398232.07    | 0.07%             | 2065-05-25      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust 2021-GS4                                        | LMAT 2021-GS4 A1                                                            | CUSIP: 52475WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2330441 | PA      | $2331888.13   | 0.41%             | 2060-11-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XXI LLC                                                        | OR 2025-21A A                                                               | CUSIP: 69120UAA1<br>LEI: 2549000CE1W4KBWC2X49 | Long             | ABS-CBDO         | CORP              | US        |   2096071 | PA      | $2099801.69   | 0.37%             | 2034-07-24      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 49M-R2 LTD                                       | GOCAP 2020-49A A2R2                                                         | CUSIP: 38181HAE3<br>LEI: 254900HDEN0DKV4B8U17 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1000055.50   | 0.18%             | 2038-07-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| JEFFERIES CREDIT PARTNERS DIRECT LENDING CLO 2025-1 LTD                     | JCPDL 2025-1A A1                                                            | CUSIP: 47235BAA1<br>LEI: 213800SOG377Y9E1U217 | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1402813.16   | 0.25%             | 2037-10-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| ARGENT SECURITIES INC ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2003-W5 | ARSI 2005-W2 M1                                                             | CUSIP: 040104ND9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18589 | PA      | $18537.44     | 0.00%             | 2035-10-25      | Floating      | 4.53%                 | No            |                  3 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5499 B                                                                  | CUSIP: 3137HJWE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1563109 | PA      | $1574350.76   | 0.28%             | 2053-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Triton Container International Ltd.                                         | TRTN 2.05 04/15/26 144A                                                     | CUSIP: 89680YAA3<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |   2200000 | PA      | $2197647.06   | 0.39%             | 2026-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Gcat 2025-INV3 Trust                                                        | GCAT 2025-INV3 A5                                                           | CUSIP: 36831DAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    999739 | PA      | $1009474.52   | 0.18%             | 2055-08-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2025-FL10 ISSUER LLC                                              | FSRIA 2025-FL10 AS                                                          | CUSIP: 30340KAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    150000 | PA      | $149544.96    | 0.03%             | 2042-08-19      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-6                                               | SEMT 2025-6 A11                                                             | CUSIP: 81749YAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    288475 | PA      | $288680.20    | 0.05%             | 2055-07-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                         | MEDIND 3.875 04/01/29 144A                                                  | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    840000 | PA      | $812583.91    | 0.14%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COLOSSUS ACQUIRECO LLC                                                      | Colonial Enterprises Term Loan B 175 2032-06-03                             | CUSIP: 19682LAB4<br>LEI: 2549009FT92RXWA46910 | Long             | LON              | CORP              | US        |    650000 | PA      | $647257.00    | 0.11%             | 2032-07-30      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Meade Pipeline                                                              | Meade Pipeline Term Loan B 200 2032-09-09                                   | CUSIP: 58307PAB8<br>LEI: 549300HJ35JIHR53KT92 | Long             | LON              | CORP              | US        |    250000 | PA      | $249582.50    | 0.04%             | 2032-09-22      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2018-H3                                      | MSC 2018-H3 XA                                                              | CUSIP: 61767YBA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  30668783 | PA      | $440161.44    | 0.08%             | 2051-07-17      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING 51 LLC                                                | CERB 2025-2A A                                                              | CUSIP: 15675QAA2<br>LEI: 635400BNBEZ5CT8GJB24 | Long             | ABS-CBDO         | CORP              | US        |   5500000 | PA      | $5497697.15   | 0.97%             | 2037-10-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAPITAL L                                                    | OUTFRONT MEDIA CAPITAL LLC                                                  | CUSIP: 000000000<br>LEI: 5493005WC7J0FDMW0610 | Long             | LON              | CORP              | US        |    400000 | PA      | $400252.00    | 0.07%             | 2032-09-24      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-5                                           | VERUS 2021-5 A3                                                             | CUSIP: 92538KAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1469155 | PA      | $1273091.76   | 0.23%             | 2066-09-25      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-NQM8 TRUST                                                        | CSMC 2021-NQM8 A3                                                           | CUSIP: 12659FAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1194079 | PA      | $1053430.39   | 0.19%             | 2066-10-25      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| CFMT 2022-HB9 LLC                                                           | CFMT 2022-HB9 A                                                             | CUSIP: 12530GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    882037 | PA      | $870340.48    | 0.15%             | 2037-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                                 | CAUTO 2024-2A A1                                                            | CUSIP: 12510HAV2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1172917 | PA      | $1172297.60   | 0.21%             | 2054-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING XXXII LP                                              | CERB 2021-2A A                                                              | CUSIP: 15674LAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2102497 | PA      | $2104178.74   | 0.37%             | 2033-04-22      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| MHP COMMERCIAL MORTGAGE TRUST 2022-MHIL                                     | MHP 2022-MHIL C                                                             | CUSIP: 55293DAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1199250.00   | 0.21%             | 2039-01-18      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| Prpm 2025-7 LLC                                                             | PRPM 2025-7 A1                                                              | CUSIP: 69382YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1093177 | PA      | $1089547.65   | 0.19%             | 2030-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-LP2                                       | BX 2022-LP2 C                                                               | CUSIP: 05610HAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1855000 | PA      | $1853840.62   | 0.33%             | 2039-02-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-1                                           | VERUS 2025-1 A1                                                             | CUSIP: 92540TAA8<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-O            | CORP              | US        |    777318 | PA      | $781260.50    | 0.14%             | 2070-01-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                                        | WSTOP 2020-1A A2                                                            | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1329750 | PA      | $1287113.43   | 0.23%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $148050.37    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BXMT 2020-FL2 LTD                                                           | BXMT 2020-FL2 AS                                                            | CUSIP: 12434LAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2550000 | PA      | $2542415.03   | 0.45%             | 2038-02-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Protective Life Corp.                                                       | PROTLI 4.7 01/15/31 144A                                                    | CUSIP: 743674BF9<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1336993.51   | 0.24%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings PLC                                             | SANUK V4.858 09/11/30                                                       | CUSIP: 80281LAU9<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1300000 | PA      | $1302827.36   | 0.23%             | 2030-09-11      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY 2021-FL2 ISSUER LTD                                 | ACRES 2026-FL4 AS                                                           | CUSIP: 00501XAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $548573.58    | 0.10%             | 2044-08-18      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-3                                           | VERUS 2021-3 A3                                                             | CUSIP: 92539LAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    414747 | PA      | $370879.06    | 0.07%             | 2066-06-25      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                       | SOCGEN V5.519 01/19/28 144A                                                 | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1300000 | PA      | $1308654.13   | 0.23%             | 2028-01-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST 2026-CES1                                      | BARC 2026-CES1 A1A                                                          | CUSIP: 06690CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    882736 | PA      | $874114.72    | 0.15%             | 2056-01-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5554 A                                                                  | CUSIP: 3137HMA67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1058612 | PA      | $1065606.33   | 0.19%             | 2053-04-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer Llc                                             | SIDC 2025-1A A2                                                             | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $689701.60    | 0.12%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                                              | Station Place Securitization Trust Series 2025-SP2                          | CUSIP: 857936AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2700000.00   | 0.48%             | 2026-09-25      | Floating      | 4.83%                 | No            |                  3 | On Loan: No      |
| GCAT 2025-NQM2 TRUST                                                        | GCAT 2025-NQM2 A1                                                           | CUSIP: 36171HAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    933218 | PA      | $937409.06    | 0.17%             | 2070-04-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Bombardier Recreational Products                                            | Bombardier Recreational Products Term Loan B-3 275 2029-12-01               | CUSIP: 09776MAS3<br>LEI: 549300DZZJW11IMTMJ24 | Long             | LON              | CORP              | US        |    845750 | PA      | $846054.47    | 0.15%             | 2029-12-13      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3                                   | BRAVO 2025-NQM8 A1B                                                         | CUSIP: 10571JAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423218 | PA      | $421227.59    | 0.07%             | 2065-06-25      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| CSMC 2020-West                                                              | CSMC 2021-RPL4 A1                                                           | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    967241 | PA      | $963840.64    | 0.17%             | 2060-12-27      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                           | HSBC V5.13 11/19/28                                                         | CUSIP: 404280EM7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2100000 | PA      | $2115309.08   | 0.37%             | 2028-11-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                                                            | ESGR 4.95 06/01/29                                                          | CUSIP: 29359UAB5<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |   2700000 | PA      | $2688575.11   | 0.48%             | 2029-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |    953000 | NC      | $4384.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                       | TRGP 4.35 01/15/29                                                          | CUSIP: 87612GAR2<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1344345.53   | 0.24%             | 2029-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                       | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |   -728000 | NC      | $-2764.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |  -1458000 | NC      | $-4234.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-68 CA                                                              | CUSIP: 3136BWL61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1081769 | PA      | $1076535.10   | 0.19%             | 2053-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H1 MORTGAGE TRUST                                                | CROSS 2025-H1 A1                                                            | CUSIP: 22758NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1513029 | PA      | $1521366.71   | 0.27%             | 2070-02-25      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| ARCHWEST 2025-RTL1                                                          | ARCHW 2025-RTL1 A1                                                          | CUSIP: 039966AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $598709.22    | 0.11%             | 2040-10-25      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 6 LLC                                               | ARESDL 2025-2A A1                                                           | CUSIP: 039960AA7<br>LEI: 254900F5EQV7KVCD4M68 | Long             | ABS-CBDO         | CORP              | US        |   2500000 | PA      | $2504711.25   | 0.44%             | 2037-10-16      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST 2025-CES1                                  | VSTA 2025-CES1 A1                                                           | CUSIP: 92842DAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    269442 | PA      | $270648.73    | 0.05%             | 2055-04-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                              | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              | CORP              | US        |   1952000 | NC      | $8981.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| F&G Global Funding                                                          | FG 5.875 01/16/30 144A                                                      | CUSIP: 30321L2J0<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2025017.46   | 0.36%             | 2030-01-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                            | VBTEL 2026-1A C2                                                            | CUSIP: 91825HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2150000 | PA      | $2112471.54   | 0.37%             | 2056-03-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 54M-R LTD                                        | GOCAP 2021-54A A1R                                                          | CUSIP: 38181GAA3<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-CBDO         | CORP              | US        |   5250000 | PA      | $5240033.93   | 0.93%             | 2037-08-05      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Voc Escrow Ltd                                                              | VIKCRU 5 02/15/28 144A                                                      | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    650000 | PA      | $647323.69    | 0.11%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2025-SFR1 TRUST                                          | TCN 2025-SFR1 A                                                             | CUSIP: 895974AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    988068 | PA      | $986214.97    | 0.17%             | 2042-03-19      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                                        | CROSIN 6.5 10/01/30 144A                                                    | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $476569.32    | 0.08%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRTX 2025-FL6 ISSUER LTD                                                    | TRTX 2025-FL6 A                                                             | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $899237.79    | 0.16%             | 2042-09-18      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                    | GNR 2026-28 BP                                                              | CUSIP: 38385NCV4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2900000 | PA      | $2842281.01   | 0.50%             | 2056-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STAR 2025-SFR6 TRUST                                                        | STAR 2025-SFR6 A                                                            | CUSIP: 85520EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2750000 | PA      | $2750000.00   | 0.49%             | 2042-08-19      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Global Funding                                        | JXN 4.7 06/05/28 144A                                                       | CUSIP: 46849CJP7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1299355.40   | 0.23%             | 2028-06-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER FINANCE IX LLC                                             | TCF 2025-1A A                                                               | CUSIP: 89679QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2517750 | PA      | $2513619.38   | 0.44%             | 2050-06-20      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| COLT 2025-3 MORTGAGE LOAN TRUST                                             | COLT 2025-3 A1                                                              | CUSIP: 12674LAA1<br>LEI: 2138001CIB6QBPMZRF93 | Long             | ABS-O            | CORP              | US        |    596570 | PA      | $597374.71    | 0.11%             | 2070-03-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                              | C F 09/11/31                                                                | CUSIP: 172967QG9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999731.04    | 0.18%             | 2031-09-11      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| SERVICE EXPERTS ISSUER 2025-1 LLC                                           | SE 2025-1A A                                                                | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    267548 | PA      | $266371.37    | 0.05%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VDCM COMMERCIAL MORTGAGE TRUST 2025-AZ                                      | VDCM 2025-AZ A                                                              | CUSIP: 91825CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $699716.92    | 0.12%             | 2044-07-15      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                           | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  -1212000 | NC      | $-4613.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-1                                     | PFMT 2025-1 A3                                                              | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    416721 | PA      | $416993.52    | 0.07%             | 2055-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | Three-Month SOFR Futures, Dec-2026,ETH                                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -119 | NC      | $155321.13    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2024-103 M                                                              | CUSIP: 3136BUPD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1290687 | PA      | $1301840.24   | 0.23%             | 2050-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State Street Spdr S&p 500 Etf Trust                                         | State Street Spdr S&p 500 Etf Trust TR UNIT                                 | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     40000 | NS      | $26013600.00  | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $216744.61    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| OBX 2025-R1 TRUST                                                           | OBX 2025-R1 A2                                                              | CUSIP: 67123GAD7<br>LEI: 254900UIO03AL696QM79 | Long             | ABS-O            | CORP              | US        |    383907 | PA      | $381005.06    | 0.07%             | 2062-09-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM18 TRUST                                                        | OBX 2024-NQM18 A3                                                           | CUSIP: 673913AC3<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-O            | CORP              | US        |    641000 | PA      | $643154.83    | 0.11%             | 2064-10-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                                                  | J.P. MORGAN SECURITIES LLC TRI PARTY                                        | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |  13333959 | PA      | $13333959.00  | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| FS RIALTO 2021-FL3 ISSUER LTD                                               | FSRIA 2021-FL3 B                                                            | CUSIP: 30323CAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5491325.95   | 0.97%             | 2036-11-18      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-69 DA                                                              | CUSIP: 3136BWB21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2478432 | PA      | $2481974.60   | 0.44%             | 2051-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HV STRUCTURED SOLUTIONS IV                                                  | HV STRUCTURED SOLUTIONS IV                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    513099 | PA      | $509384.85    | 0.09%             | 2030-09-15      | Floating      | 6.85%                 | No            |                  3 | On Loan: No      |
| FTAI AIRCRAFT LEASING DDTL FUNDED                                           | FTAI AIRCRAFT LEASING DDTL FUNDED                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    652653 | PA      | $652652.81    | 0.12%             | 2031-03-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding LIII Ltd / LLC                                         | MDPK 2022-53A B                                                             | CUSIP: 558189AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1749337.28   | 0.31%             | 2035-04-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5566 EA                                                                 | CUSIP: 3137HMHR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2314412 | PA      | $2315962.84   | 0.41%             | 2051-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Soundview Home Loan Trust 2005-Opt1                                         | SVHE 2006-OPT5 1A1                                                          | CUSIP: 83612CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    543773 | PA      | $532959.96    | 0.09%             | 2036-07-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                        | CCL 5.125 05/01/29 144A                                                     | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1300000 | PA      | $1290616.08   | 0.23%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PFP 2025-12 LTD                                                             | PFP 2025-12 A                                                               | CUSIP: 69382JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497505.05   | 0.26%             | 2042-12-18      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                   | BRAVO 2025-NQM1 A2                                                          | CUSIP: 10569MAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    371092 | PA      | $372381.96    | 0.07%             | 2064-12-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 83 M                                             | GOCAP 2025-83A A1                                                           | CUSIP: 38182EAA7<br>LEI: 254900VLZT72CPBHZ909 | Long             | ABS-CBDO         | CORP              | US        |   2200000 | PA      | $2203878.16   | 0.39%             | 2038-11-09      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| BCC MIDDLE MARKET CLO 2019-1 LLC                                            | BCMM 2019-1A A1RR                                                           | CUSIP: 05550GAU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10750000 | PA      | $10695175.00  | 1.89%             | 2036-07-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                     | BPCEGP V5.716 01/18/30 144A                                                 | CUSIP: 05571AAV7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1800000 | PA      | $1845082.12   | 0.33%             | 2030-01-18      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-INV8                                                    | PMTLT 2025-INV8 A7                                                          | CUSIP: 73015EAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2288773 | PA      | $2317997.11   | 0.41%             | 2056-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| LRECS 2025-CRE1 LLC                                                         | LRECS 2025-CRE1 AS                                                          | CUSIP: 50230AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249483.75    | 0.04%             | 2043-08-19      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc.                                                   | ECPG 6.625 04/15/31 144A                                                    | CUSIP: 292554AS1<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248750.00    | 0.04%             | 2031-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                 | BOFA SECURITIES INC TRI PARTY                                               | CUSIP: 000000000<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | RA               | CORP              | US        |  16000751 | PA      | $16000751.00  | 2.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                       | SOCGEN F 05/22/29 144a                                                      | CUSIP: 83368RCJ9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1206640.84   | 0.21%             | 2029-05-22      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $78268.48     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LAKE SHORE MM CLO I LTD                                                     | THLLS 2019-1A A1R                                                           | CUSIP: 510800AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1215656 | PA      | $1218671.70   | 0.22%             | 2033-04-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING LXV LTD                                                | MDPK 2025-65A B                                                             | CUSIP: 55823FAF2<br>LEI: 213800EBRIAZSOKC7K58 | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2502689.50   | 0.44%             | 2038-07-16      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP                                                | BAFC 2015-R2 3A2                                                            | CUSIP: 05990TAG2<br>LEI: 54930023UHZHF7UJ8596 | Long             | ABS-O            | CORP              | US        |     11004 | PA      | $10993.12     | 0.00%             | 2037-04-29      | Floating      | 4.05%                 | No            |                  3 | On Loan: No      |
| STWD 2021-FL2 LTD                                                           | STWD 2021-FL2 B                                                             | CUSIP: 78486BAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999389.70    | 0.18%             | 2038-04-16      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                                     | LGENSO 5.375 07/02/29 REGS                                                  | CUSIP: 000000000<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    450000 | PA      | $456242.81    | 0.08%             | 2029-07-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2025-CES2                                   | BRAVO 2025-CES2 A1                                                          | CUSIP: 10568RAA1<br>LEI: 254900H5A4PX072RRR06 | Long             | ABS-O            | CORP              | US        |    439735 | PA      | $436993.95    | 0.08%             | 2055-07-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Trust 2018-Rpl5                                             | LMAT 2021-GS5 A1                                                            | CUSIP: 52475XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    692199 | PA      | $692694.35    | 0.12%             | 2067-07-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF3 LLC                                                          | PRPM 2025-6 A1                                                              | CUSIP: 69395KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    673311 | PA      | $671863.83    | 0.12%             | 2028-08-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| ELLINGTON FINANCIAL MORTGAGE TRUST 2020-2                                   | EFMT 2020-2 A3                                                              | CUSIP: 31573WAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    103400 | PA      | $97811.47     | 0.02%             | 2065-10-25      | Variable      | 1.64%                 | No            |                  3 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 32 LTD                                   | NEUB 2019-32RA A                                                            | CUSIP: 64135XAA9<br>LEI: 5493007YBEOXQIHH3C54 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500274.25    | 0.09%             | 2039-07-20      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5580 DA                                                                 | CUSIP: 3137HMWT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1353395 | PA      | $1349197.26   | 0.24%             | 2052-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                           | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  -1213000 | NC      | $-4617.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-5                                           | VERUS 2025-5 A1                                                             | CUSIP: 92540XAA9<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-O            | CORP              | US        |    208472 | PA      | $209138.46    | 0.04%             | 2070-06-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MTG                                                           | IMPRL 2022-NQM2 A2                                                          | CUSIP: 45276PAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3333296 | PA      | $3133999.88   | 0.55%             | 2067-03-25      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                   | SUN 4.5 10/01/29 144A                                                       | CUSIP: 86765KAJ8<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    370000 | PA      | $357524.49    | 0.06%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BXMT 2020-FL2 LTD                                                           | BXMT 2020-FL2 A                                                             | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    129108 | PA      | $129087.17    | 0.02%             | 2038-02-18      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                | BACR V4.219 05/24/30                                                        | CUSIP: 06738EDG7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2450000 | PA      | $2412008.22   | 0.43%             | 2030-05-24      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                             | TDG 6.875 12/15/30 144A                                                     | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22542.26     | 0.00%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-75 BA                                                              | CUSIP: 3136BXHP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2276485 | PA      | $2277373.27   | 0.40%             | 2053-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM2 TRUST                                                         | OBX 2025-NQM2 A2                                                            | CUSIP: 67120VAB1<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-O            | CORP              | US        |    352887 | PA      | $354822.70    | 0.06%             | 2064-11-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-INV7                                                    | PMTLT 2025-INV7 A7                                                          | CUSIP: 73015FAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    428621 | PA      | $432631.37    | 0.08%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| US Foods Inc                                                                | USFOOD 7.25 01/15/32 144A                                                   | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    550000 | PA      | $569122.10    | 0.10%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                          | NWL 8.5 06/01/28 144A                                                       | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    950000 | PA      | $980590.00    | 0.17%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Inc.                                                          | DPABS 2018-1A A2II                                                          | CUSIP: 25755TAK6<br>LEI: 25490005ZWM1IF9UXU57 | Long             | ABS-O            | CORP              | US        |   4254275 | PA      | $4223567.64   | 0.75%             | 2048-07-25      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC41                               | CGCMT 2019-GC41 XA                                                          | CUSIP: 17328FBB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  22407665 | PA      | $611830.10    | 0.11%             | 2056-08-11      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Aegon Funding Company LLC                                                   | AEGON 5.5 04/16/27 144A                                                     | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3782979.08   | 0.67%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cno Global Funding                                                          | CNO 4.875 12/10/27 144A                                                     | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |    450000 | PA      | $451049.24    | 0.08%             | 2027-12-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXXIV LTD                                              | MDPK 2025-71A B                                                             | CUSIP: 55817DAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $548386.58    | 0.10%             | 2038-04-23      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| NYMT LOAN TRUST 2025-CP1                                                    | NYMT 2025-CP1 A1                                                            | CUSIP: 67121VAA2<br>LEI: 254900JF85A0S614L988 | Long             | ABS-O            | CORP              | US        |    871151 | PA      | $838308.66    | 0.15%             | 2069-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| RWC COMMERCIAL MORTGAGE 2025-1                                              | RWC 2025-1 A                                                                | CUSIP: 78348LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    479651 | PA      | $476817.72    | 0.08%             | 2040-06-27      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| BXHPP TRUST 2021-FILM                                                       | BXHPP 2021-FILM C                                                           | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1301250.00   | 0.23%             | 2036-08-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | IRS USD                                                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-72973.64    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GS REFT 2026-FL1 Issuer Ltd. / GS REFT 2026-FL1 Co-issuer LLC               | GSREFT 2026-FL1 A                                                           | CUSIP: 36274DAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $700000.00    | 0.12%             | 2043-10-19      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| CVR Energy Inc.                                                             | CVI 5.75 02/15/28 144A                                                      | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    640000 | PA      | $632953.86    | 0.11%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                            | BANK OF MONTREAL CHICAGO TRI PARTY                                          | CUSIP: 000000000<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | RA               | CORP              | US        |   6933659 | PA      | $6933659.00   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP / Emerald Co-Issuer Inc.                                  | EMECLI 6.625 12/15/30 144A                                                  | CUSIP: 29103CAA6<br>LEI: 5493000GJYE7GAQCUC61 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1423882.60   | 0.25%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2025-Ces1                                   | BRAVO 2025-CES1 A1A                                                         | CUSIP: 10569PAA4<br>LEI: 254900AZU85EXAPTTF77 | Long             | ABS-O            | CORP              | US        |    831626 | PA      | $836304.56    | 0.15%             | 2055-02-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                            | Three-Month SOFR Futures, Dec-2027,ETH                                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       119 | NC      | $-117713.93   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Golub Capital Partners Clo 69 (M) -R                                        | GOCAP 2023-69A BR                                                           | CUSIP: 38182GAC8<br>LEI: 2549004WBNSFGOX1MY52 | Long             | ABS-CBDO         | CORP              | US        |   1750000 | PA      | $1743957.78   | 0.31%             | 2038-11-09      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE1                                                        | FIGRE 2025-HE1 A                                                            | CUSIP: 30191LAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380888 | PA      | $383275.58    | 0.07%             | 2055-01-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| AGL CLO 42 LTD /LLC                                                         | AGL 2025-42A B                                                              | CUSIP: 00791YAE8<br>LEI: 254900AMSJHVKQ5QFA09 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999645.80    | 0.18%             | 2038-07-22      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5505 DA                                                                 | CUSIP: 3137HJ6S1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1518568 | PA      | $1528043.42   | 0.27%             | 2051-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING 50 LLC                                                | CERB 2025-1A A                                                              | CUSIP: 15673UAA5<br>LEI: 635400VJODJ5OZQ2H763 | Long             | ABS-CBDO         | CORP              | US        |   1350000 | PA      | $1349999.73   | 0.24%             | 2037-07-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| FTAI AIRCRAFT LEASING DDTL UNF                                              | FTAI AIRCRAFT LEASING DDTL UNF                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    897347 | PA      | $0.90         | 0.00%             | 2031-03-27      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| United Wholesale Mortgage LLC                                               | UWMLLC 5.75 06/15/27 144A                                                   | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $984210.20    | 0.17%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                            | NRG 4.45 06/15/29 144A                                                      | CUSIP: 629377CL4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1283951.53   | 0.23%             | 2029-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5564 BA                                                                 | CUSIP: 3137HMCN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |  11358923 | PA      | $11335179.44  | 2.00%             | 2051-12-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                      | STANLN V5.545 01/21/29 144A                                                 | CUSIP: 85325C2D3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1014756.67   | 0.18%             | 2029-01-21      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2026-HE2                                                        | FIGRE 2026-HE2 A                                                            | CUSIP: 31684VAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1438043.59   | 0.25%             | 2056-01-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC                                      | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              | CORP              | GB        |   2182000 | NC      | $11948.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |   1458000 | NC      | $6664.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                   | TRS ISHARES CORE S&P ETF TRUST                                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $1878272.67   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                | BACR V4.942 09/10/30                                                        | CUSIP: 06738ECU7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    850000 | PA      | $854379.69    | 0.15%             | 2030-09-10      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                    | HCA 5 03/01/28                                                              | CUSIP: 404119CY3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2272064.74   | 0.40%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE6                                                        | FIGRE 2025-HE6 A                                                            | CUSIP: 31684NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    782545 | PA      | $775132.15    | 0.14%             | 2055-09-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-8 LLC                                                             | PRPM 2025-8 A1                                                              | CUSIP: 69383BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1007145 | PA      | $1002597.86   | 0.18%             | 2030-10-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                         | BPL 3.95 12/01/26                                                           | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79194.51     | 0.01%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                                         | TMCL 2021-1A A                                                              | CUSIP: 88315LAL2<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |   1246000 | PA      | $1170935.58   | 0.21%             | 2046-02-20      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2026-CES1                                         | TPMT 2026-CES1 A1                                                           | CUSIP: 89190LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    244259 | PA      | $242731.59    | 0.04%             | 2066-01-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                                     | LGENSO 5.25 04/02/28 144A                                                   | CUSIP: 50205MAF6<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   1000000 | PA      | $1007106.27   | 0.18%             | 2028-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOMES 2025-AFC3 TRUS                                                        | HOMES 2025-AFC3 A1                                                          | CUSIP: 43762AAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1436093 | PA      | $1431084.41   | 0.25%             | 2060-08-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   -726000 | NC      | $-2116.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CDW FINANCE CORP                                                            | CDW 2.67 12/01/26                                                           | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4249848.24   | 0.75%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| SKYMILES IP LTD                                                             | SKYMILES IP LTD                                                             | CUSIP: 24736CBT0<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | US        |   1396500 | PA      | $1400871.05   | 0.25%             | 2028-10-20      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   -953000 | NC      | $-2790.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-64 BA                                                              | CUSIP: 3136BWY91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1018167 | PA      | $1015636.89   | 0.18%             | 2052-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                 | RCKT 2025-CES6 A1A                                                          | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-O            | CORP              | US        |   1157214 | PA      | $1161041.40   | 0.21%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                                                   | JBL 4.25 05/15/27                                                           | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    600000 | PA      | $598458.74    | 0.11%             | 2027-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                                 | MTCHII 4.125 08/01/30 144A                                                  | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    632000 | PA      | $585694.22    | 0.10%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CLI FUNDING VIII LLC                                                        | CLIF 2021-1A A                                                              | CUSIP: 12565KAA5<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-O            | CORP              | US        |   1456077 | PA      | $1349863.14   | 0.24%             | 2046-02-18      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FDG TR 2024-NQM5                                          | BRAVO 2024-NQM5 A3                                                          | CUSIP: 105925AC5<br>LEI: 254900RBHU9OC1RNXD92 | Long             | ABS-O            | CORP              | US        |    433816 | PA      | $436053.18    | 0.08%             | 2064-06-25      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-4                                     | PFMT 2025-4 A4                                                              | CUSIP: 74387AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1092441 | PA      | $1093558.95   | 0.19%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                                             | VDC 2025-1A A2                                                              | CUSIP: 92212KAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1320770.34   | 0.23%             | 2055-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                          | VICI 4.625 12/01/29 144A                                                    | CUSIP: 92564RAB1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1278074.93   | 0.23%             | 2029-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Option Care                                                                 | Option Care Term Loan B 175 2032-09-07                                      | CUSIP: 68404YAD6<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | LON              | CORP              | US        |    696500 | PA      | $698680.05    | 0.12%             | 2032-09-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                       | ATH 5.033 07/17/30 144A                                                     | CUSIP: 04685A4R9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1335018.43   | 0.24%             | 2030-07-17      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2021-4                                           | VERUS 2021-4 A3                                                             | CUSIP: 92538HAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    709160 | PA      | $608419.80    | 0.11%             | 2066-07-25      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-5 LLC                                                             | PRPM 2025-5 A1                                                              | CUSIP: 69392RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315189 | PA      | $314532.43    | 0.06%             | 2030-07-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2025-RTL3                                              | LHOME 2025-RTL3 A1                                                          | CUSIP: 50205YAA1<br>LEI: 529900XB146PHFHY2T23 | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $748565.03    | 0.13%             | 2040-08-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-65 CA                                                              | CUSIP: 3136BWU38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2375641 | PA      | $2363688.78   | 0.42%             | 2054-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-74 AT                                                              | CUSIP: 3136BXGK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2571964 | PA      | $2552325.11   | 0.45%             | 2055-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2025-1                                               | SEMT 2025-1 A4                                                              | CUSIP: 81743EAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1148400 | PA      | $1153024.69   | 0.20%             | 2055-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM16 TRUST                                                        | OBX 2025-NQM16 A1                                                           | CUSIP: 67122DAC7<br>LEI: 254900WI6P4MRT24JH23 | Long             | ABS-O            | CORP              | US        |   1131818 | PA      | $1126151.44   | 0.20%             | 2065-08-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                           | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |    727000 | NC      | $3975.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                       | FNR 2025-52 GA                                                              | CUSIP: 3136BWWS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1897152 | PA      | $1898916.89   | 0.34%             | 2053-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TR 2024-9                                              | VERUS 2024-9 A3                                                             | CUSIP: 92540RAE4<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-O            | CORP              | US        |    380278 | PA      | $381636.64    | 0.07%             | 2069-11-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| SG RESIDENTIAL MORTGAGE TRUST 2022-1                                        | SGR 2022-1 A3                                                               | CUSIP: 78433QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    363391 | PA      | $336807.29    | 0.06%             | 2062-03-25      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2025-HE1                                | GSMBS 2025-HE1 A1                                                           | CUSIP: 36272NAA2<br>LEI: 254900RIVK2GCJ08H839 | Long             | ABS-O            | CORP              | US        |   1395199 | PA      | $1396866.65   | 0.25%             | 2055-10-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| HOMES 2025-AFC2 TRUST                                                       | HOMES 2025-AFC2 A1A                                                         | CUSIP: 43761YAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1221129 | PA      | $1224723.93   | 0.22%             | 2060-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                      | FHR 5580 EC                                                                 | CUSIP: 3137HMX47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2106137 | PA      | $2099340.29   | 0.37%             | 2053-04-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2025-CRE9 ISSUER LLC                                               | LNCR 2025-CRE9 A                                                            | CUSIP: 538912AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1993026.20   | 0.35%             | 2042-08-18      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Weir Group PLC                                                              | WEIRLN 2.2 05/13/26 144A                                                    | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    440000 | PA      | $438497.07    | 0.08%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2020-NQM1                               | GSMBS 2020-NQM1 A1                                                          | CUSIP: 36259WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    158438 | PA      | $151184.88    | 0.03%             | 2060-09-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                           | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   1213000 | NC      | $6642.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BSPDF 2025-FL2 ISSUER LLC                                                   | BSPDF 2025-FL2 A                                                            | CUSIP: 05615KAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1248537.13   | 0.22%             | 2042-12-15      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 16(M)-R3 LTD                                     | GOCAP 2013-16A A1R3                                                         | CUSIP: 38181EAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $900055.35    | 0.16%             | 2039-08-09      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                                              | Station Place Securitization Trust Series 2025-SP1                          | CUSIP: 85772TAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $900000.00    | 0.16%             | 2026-07-02      | Floating      | 4.97%                 | No            |                  3 | On Loan: No      |
| OBX Trust 2026-NQM2                                                         | OBX 2026-NQM4 A1                                                            | CUSIP: 67124FAF3<br>LEI: 2549007DTHVTGCMU8X03 | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1446597.04   | 0.26%             | 2066-02-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM13 TRUST                                                        | OBX 2025-NQM13 A1                                                           | CUSIP: 67121UAA4<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-O            | CORP              | US        |    973483 | PA      | $976515.42    | 0.17%             | 2065-05-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                | ORCL 4.45 09/26/30                                                          | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1349153.93   | 0.24%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                       | TRS SPDR S&P 500 ETF TRUST                                                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |         1 | NC      | $1830615.40   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-2                                           | VERUS 2025-2 A1                                                             | CUSIP: 92540VAA3<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-O            | CORP              | US        |    771531 | PA      | $772296.79    | 0.14%             | 2070-03-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM3 TRUST                                                        | GCAT 2025-NQM3 A1                                                           | CUSIP: 36171MAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1163078 | PA      | $1167417.74   | 0.21%             | 2070-05-25      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                   | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |    727000 | NC      | $3323.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                              | SWOP IRS USD                                                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              | CORP              | US        |  -1952000 | NC      | $-5668.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2026-3                                           | VERUS 2026-3 A2                                                             | CUSIP: 92490HAJ5<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |   2210000 | PA      | $2196474.17   | 0.39%             | 2066-02-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XXII LLC                                                       | OR 2025-22A A                                                               | CUSIP: 69121AAA4<br>LEI: 254900R8KCHZBP66MP06 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2003911.80   | 0.35%             | 2037-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| GABX Leasing LLC                                                            | GATX 4.625 04/15/31 144A                                                    | CUSIP: 36274FAA7<br>LEI: 25490085PXP0WGRIRI44 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1330849.24   | 0.24%             | 2031-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP                                 | JEFFIN 5 08/15/28                                                           | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $652303.19    | 0.12%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-5                                    | CHASE 2025-5 A4A                                                            | CUSIP: 161935AE1<br>LEI: 529900V91KVGSU3Z1A61 | Long             | ABS-O            | CORP              | US        |   1391075 | PA      | $1390320.72   | 0.25%             | 2056-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                        | FIGRE 2024-HE5 A                                                            | CUSIP: 31684FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    703062 | PA      | $705982.67    | 0.12%             | 2054-10-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Guggenheim Funds Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** Chief Financial Officer