# EDGAR Filing Document

**Accession Number:** 0000717854
**File Stem:** 0001410368-26-055558
**Filing Date:** 2026-5
**Character Count:** 593274
**Document Hash:** f0361a48c13a3895712ff3744cd0ee0a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055558.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055558

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELFUN INCOME FUND
- **CENTRAL INDEX KEY:** 0000717854

**ORGANIZATION NAME:**
- **EIN:** 061092666
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03715
- **FILM NUMBER:** 261035763

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114
- **BUSINESS PHONE:** 6176643920

**MAIL ADDRESS:**
- **STREET 1:** ONE CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02114

## Series and Classes Contracts Data

### ELFUN INCOME FUND (Series ID: S000011831)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000032333 | Elfun Income Fund | einfx           |

## Nport-Ex

Quarterly Report

March 31, 2026

**Elfun Income Fund**![](imgf7c712ef1.gif)

------

Elfun Income Fund

Quarterly Report

March 31, 2026

**Table of Contents**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
|  | Page |
| [Schedule of Investments](#xx_bc0023b5-ebd8-442f-b520-77664d80c799_SOI-CC-Continued-1524_1) | 1 |
| [Notes to Schedule of Investments](#xx_bc0023b5-ebd8-442f-b520-77664d80c799_NTSOI-CC-Continued-1524_1) | 16 |

---

------

**Elfun Income Fund**

Schedule of Investments

March 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Principal** <br>**Amount**<br>| **Fair** <br>**Value**<br>|
| **Bonds and Notes - 98.2% †** | **Bonds and Notes - 98.2% †** | **Bonds and Notes - 98.2% †** |
| U.S. Treasuries - 31.1%  | U.S. Treasuries - 31.1%  | U.S. Treasuries - 31.1%  |
| U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 2.25%, 08/15/46 (a) | &nbsp;&nbsp; $1453000 | &nbsp;&nbsp; $946720 |
| &nbsp;&nbsp;&nbsp; 3.00%, 08/15/48 (a) | &nbsp;&nbsp; 2723000 | &nbsp;&nbsp; 1998001 |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/15/53 (a) | &nbsp;&nbsp; 146000 | &nbsp;&nbsp; 128069 |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/15/43 (a) | &nbsp;&nbsp; 2005000 | &nbsp;&nbsp; 1892532 |
| &nbsp;&nbsp;&nbsp; 4.75%, 08/15/55 (a) | &nbsp;&nbsp; 2896000 | &nbsp;&nbsp; 2821337 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation-Indexed <br> Notes<br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.13%, 01/15/31 (a) | &nbsp;&nbsp; 1558127 | &nbsp;&nbsp; 1465005 |
| &nbsp;&nbsp;&nbsp; 1.63%, 10/15/29 (a) | &nbsp;&nbsp; 2402797 | &nbsp;&nbsp; 2440763 |
| &nbsp;&nbsp;&nbsp; 1.88%, 01/15/36 (a) | &nbsp;&nbsp; 1640910 | &nbsp;&nbsp; 1621520 |
| U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp; 0.75%, 01/31/28 (a) | &nbsp;&nbsp; 2272000 | &nbsp;&nbsp; 2148993 |
| &nbsp;&nbsp;&nbsp; 1.63%, 05/15/31 (a) | &nbsp;&nbsp; 828000 | &nbsp;&nbsp; 738473 |
| &nbsp;&nbsp;&nbsp; 2.63%, 02/15/29 (a) | &nbsp;&nbsp; 1453000 | &nbsp;&nbsp; 1405777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 10/31/27 - <br> 12/15/28 (a)<br>| &nbsp;&nbsp; 4607000 | &nbsp;&nbsp; 4582807 |
| &nbsp;&nbsp;&nbsp; 3.63%, 12/31/30 (a) | &nbsp;&nbsp; 1056000 | &nbsp;&nbsp; 1041728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 07/31/27 - <br> 08/15/33 (a)<br>| &nbsp;&nbsp; 8156000 | &nbsp;&nbsp; 8137763 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/31/32 (a) | &nbsp;&nbsp; 646000 | &nbsp;&nbsp; 642820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 02/15/27 - <br> 07/31/31 (a)<br>| &nbsp;&nbsp; 1367000 | &nbsp;&nbsp; 1372569 |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/15/35 (a) | &nbsp;&nbsp; 1400000 | &nbsp;&nbsp; 1394969 |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/31/31 (a) | &nbsp;&nbsp; 827000 | &nbsp;&nbsp; 851552 |
|  |  | &nbsp;&nbsp; 35631398 |
| Agency Mortgage Backed - 23.5%  | Agency Mortgage Backed - 23.5%  | Agency Mortgage Backed - 23.5%  |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage <br> Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 04/01/43 - <br> 10/01/49 (a)<br>| &nbsp;&nbsp; 3295649 | &nbsp;&nbsp; 2978219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/01/33 - <br> 02/01/35 (a)<br>| &nbsp;&nbsp; 1839 | &nbsp;&nbsp; 1850 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/35 (a) | &nbsp;&nbsp; 31244 | &nbsp;&nbsp; 31803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/01/38 - <br> 04/01/39 (a)<br>| &nbsp;&nbsp; 47020 | &nbsp;&nbsp; 48740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/01/33 - <br> 11/01/37 (a)<br>| &nbsp;&nbsp; 103763 | &nbsp;&nbsp; 108655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 01/01/30 - <br> 08/01/36 (a)<br>| &nbsp;&nbsp; 21707 | &nbsp;&nbsp; 23160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 11/01/29 - <br> 09/01/33 (a)<br>| &nbsp;&nbsp; 3439 | &nbsp;&nbsp; 3533 |
| &nbsp;&nbsp;&nbsp; 8.00%, 11/01/30 (a) | &nbsp;&nbsp; 1046 | &nbsp;&nbsp; 1071 |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage <br> Association<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 03/01/51 (a) | &nbsp;&nbsp; 2601200 | &nbsp;&nbsp; 2188883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 08/01/45 - <br> 01/01/48 (a)<br>| &nbsp;&nbsp; 2557103 | &nbsp;&nbsp; 2388418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/41 - <br> 01/01/50 (a)<br>| &nbsp;&nbsp; 1366359 | &nbsp;&nbsp; 1312632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 07/01/33 - <br> 12/01/48 (a)<br>| &nbsp;&nbsp; 686791 | &nbsp;&nbsp; 679129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/34 - <br> 05/01/39 (a)<br>| &nbsp;&nbsp; 67782 | &nbsp;&nbsp; 68923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/32 - <br> 01/01/39 (a)<br>| &nbsp;&nbsp; 175655 | &nbsp;&nbsp; 181600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 01/01/29 - <br> 05/01/41 (a)<br>| &nbsp;&nbsp; 367261 | &nbsp;&nbsp; 381445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/01/28 - <br> 08/01/36 (a)<br>| &nbsp;&nbsp; 15591 | &nbsp;&nbsp; 16318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 10/01/32 - <br> 12/01/33 (a)<br>| &nbsp;&nbsp; 2179 | &nbsp;&nbsp; 2316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 12/01/26 - <br> 03/01/33 (a)<br>| &nbsp;&nbsp; 10049 | &nbsp;&nbsp; 10300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 09/01/30 - <br> 10/01/31 (a)<br>| &nbsp;&nbsp; 281 | &nbsp;&nbsp; 283 |
| &nbsp;&nbsp;&nbsp; 8.50%, 04/01/30 (a) | &nbsp;&nbsp; 359 | &nbsp;&nbsp; 378 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage <br> Association 1 yr. USD <br> RFUCCT + 1.60%<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.60%, 04/01/37 (a)(b) | &nbsp;&nbsp; $433 | &nbsp;&nbsp; $441 |
| &nbsp;&nbsp;&nbsp; Government National <br> Mortgage Association<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 12/20/42 - <br> 05/20/45 (a)<br>| &nbsp;&nbsp; 2694778 | &nbsp;&nbsp; 2464031 |
| &nbsp;&nbsp;&nbsp; 3.50%, 08/20/48 (a) | &nbsp;&nbsp; 499375 | &nbsp;&nbsp; 467755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/20/41 - <br> 04/20/43 (a)<br>| &nbsp;&nbsp; 430932 | &nbsp;&nbsp; 416258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/15/33 - <br> 03/20/41 (a)<br>| &nbsp;&nbsp; 191335 | &nbsp;&nbsp; 190429 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/33 (a) | &nbsp;&nbsp; 9823 | &nbsp;&nbsp; 9967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/15/27 - <br> 04/15/35 (a)<br>| &nbsp;&nbsp; 56669 | &nbsp;&nbsp; 58623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 04/15/28 - <br> 09/15/36 (a)<br>| &nbsp;&nbsp; 22799 | &nbsp;&nbsp; 23655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 03/15/28 - <br> 10/15/36 (a)<br>| &nbsp;&nbsp; 12818 | &nbsp;&nbsp; 13480 |
| &nbsp;&nbsp;&nbsp; 7.50%, 10/15/28 (a) | &nbsp;&nbsp; 2411 | &nbsp;&nbsp; 2431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 09/15/27 - <br> 06/15/30 (a)<br>| &nbsp;&nbsp; 4846 | &nbsp;&nbsp; 4863 |
| &nbsp;&nbsp;&nbsp; Government National <br> Mortgage Association <br> REMICS 30 day USD SOFR <br> Average - 5.85%<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.18%, 05/20/64 (a)(b)(c) | &nbsp;&nbsp; 1567869 | &nbsp;&nbsp; 57033 |
| &nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed <br> Security, TBA<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 04/01/56 (d) | &nbsp;&nbsp; 1652279 | &nbsp;&nbsp; 1329790 |
| &nbsp;&nbsp;&nbsp; 2.50%, 04/01/56 (d) | &nbsp;&nbsp; 5850047 | &nbsp;&nbsp; 4920276 |
| &nbsp;&nbsp;&nbsp; 3.00%, 04/01/56 (d) | &nbsp;&nbsp; 3061199 | &nbsp;&nbsp; 2691299 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/01/56 (d) | &nbsp;&nbsp; 3799537 | &nbsp;&nbsp; 3871462 |
|  |  | &nbsp;&nbsp; 26949449 |
| Agency Collateralized Mortgage Obligations - 1.0%  | Agency Collateralized Mortgage Obligations - 1.0%  | Agency Collateralized Mortgage Obligations - 1.0%  |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage <br> Corp. Multifamily Structured <br> Pass-Through Certificates<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.51%, 07/25/29 (a) | &nbsp;&nbsp; 745000 | &nbsp;&nbsp; 708594 |
| &nbsp;&nbsp;&nbsp; 4.05%, 09/25/28 (a)(b) | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 299344 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage <br> Corp. REMICS<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/15/33 (a)(c) | &nbsp;&nbsp; 7557 | &nbsp;&nbsp; 899 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage <br> Corp. STRIPS<br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 08/01/27 (a)(e) | &nbsp;&nbsp; 38 | &nbsp;&nbsp; 37 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage <br> Corp. Structured <br> Pass-Through Certificates<br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.09%, 09/25/43 (a)(b)(c) | &nbsp;&nbsp; 397457 | &nbsp;&nbsp; 1137 |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage <br> Association Interest STRIPS<br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/25/34 (a)(e) | &nbsp;&nbsp; 9356 | &nbsp;&nbsp; 7633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 08/25/35 - <br> 01/25/36 (a)(c)<br>| &nbsp;&nbsp; 16234 | &nbsp;&nbsp; 1914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/25/38 - <br> 05/25/38 (a)(c)<br>| &nbsp;&nbsp; 11036 | &nbsp;&nbsp; 1655 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/25/33 (a)(c) | &nbsp;&nbsp; 3044 | &nbsp;&nbsp; 431 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/25/35 (a)(c) | &nbsp;&nbsp; 11949 | &nbsp;&nbsp; 1788 |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage <br> Association REMICS<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.13%, 12/25/42 (a)(b)(c) | &nbsp;&nbsp; 79289 | &nbsp;&nbsp; 1955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/25/40 - <br> 09/25/40 (a)(c)<br>| &nbsp;&nbsp; 9991 | &nbsp;&nbsp; 851 |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage <br> Association REMICS 30 day <br> USD SOFR Average - <br> 5.89%<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.22%, 07/25/38 (a)(b)(c) | &nbsp;&nbsp; 10702 | &nbsp;&nbsp; 847 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 1

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage <br> Association REMICS 30 day <br> USD SOFR Average - <br> 6.44%<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.77%, 11/25/41 (a)(b)(c) | &nbsp;&nbsp; $1086356 | &nbsp;&nbsp; $118086 |
|  |  | &nbsp;&nbsp; 1145171 |
| Asset Backed - 1.8%  | Asset Backed - 1.8%  | Asset Backed - 1.8%  |
| Chase Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.99%, 11/25/33 (a)(f) | &nbsp;&nbsp; 22576 | &nbsp;&nbsp; 22387 |
| RCKT Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.89%, 11/25/55 (a)(f)(g) | &nbsp;&nbsp; 917146 | &nbsp;&nbsp; 910075 |
| &nbsp;&nbsp;&nbsp; 4.97%, 11/25/55 (a)(f)(g) | &nbsp;&nbsp; 562165 | &nbsp;&nbsp; 558528 |
| Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.09%, 10/25/65 (a)(f)(g) | &nbsp;&nbsp; 563201 | &nbsp;&nbsp; 559979 |
|  |  | &nbsp;&nbsp; 2050969 |
| Corporate Notes - 27.9%  | Corporate Notes - 27.9%  | Corporate Notes - 27.9%  |
| Abbott Laboratories |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 11/30/26 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11976 |
| &nbsp;&nbsp;&nbsp; 4.90%, 11/30/46 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 25710 |
| AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 11/21/29 (a) | &nbsp;&nbsp; 37000 | &nbsp;&nbsp; 35618 |
| &nbsp;&nbsp;&nbsp; 4.05%, 11/21/39 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 15797 |
| &nbsp;&nbsp;&nbsp; 4.25%, 11/21/49 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 24328 |
| &nbsp;&nbsp;&nbsp; 4.30%, 05/14/36 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 16064 |
| &nbsp;&nbsp;&nbsp; 4.40%, 11/06/42 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 14042 |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/01/42 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2694 |
| &nbsp;&nbsp;&nbsp; 4.70%, 05/14/45 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2674 |
| &nbsp;&nbsp;&nbsp; 4.88%, 11/14/48 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1793 |
| &nbsp;&nbsp;&nbsp; 5.05%, 03/15/34 (a) | &nbsp;&nbsp; 116000 | &nbsp;&nbsp; 117747 |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/15/54 (a) | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; 19091 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/15/64 (a) | &nbsp;&nbsp; 23000 | &nbsp;&nbsp; 21917 |
| Advanced Micro Devices, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.39%, 06/01/52 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 21508 |
| AEP Texas, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.45%, 05/15/51 (a) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 31112 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/15/34 (a) | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 67081 |
| AEP Transmission Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/15/53 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 20789 |
| Aircastle Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/15/26 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26968 |
| Alcon Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.60%, 05/27/30 (a)(g) | &nbsp;&nbsp; 239000 | &nbsp;&nbsp; 220891 |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate <br> Equities, Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.88%, 02/01/33 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 11339 |
| &nbsp;&nbsp;&nbsp; 2.95%, 03/15/34 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 21108 |
| &nbsp;&nbsp;&nbsp; 4.70%, 07/01/30 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2984 |
| Allstate Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.20%, 12/15/46 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 19017 |
| &nbsp;&nbsp;&nbsp; Allstate Corp. (6.85% fixed <br> rate until 04/30/26; 3.20% + <br> 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.85%, 08/15/53 (a)(b) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 35950 |
| Alphabet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/15/30 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21842 |
| &nbsp;&nbsp;&nbsp; 4.10%, 11/15/30 (a) | &nbsp;&nbsp; 111000 | &nbsp;&nbsp; 110207 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/15/35 (a) | &nbsp;&nbsp; 57000 | &nbsp;&nbsp; 56051 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/55 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 27367 |
| Altria Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/06/30 - <br> 02/04/41 (a)<br>| &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 14394 |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/04/61 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2097 |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/09/42 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1629 |
| &nbsp;&nbsp;&nbsp; 4.45%, 05/06/50 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7033 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; 4.50%, 05/02/43 (a) | &nbsp;&nbsp; $5000 | &nbsp;&nbsp; $4155 |
| Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.50%, 06/03/30 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 8943 |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/03/50 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 8149 |
| &nbsp;&nbsp;&nbsp; 2.70%, 06/03/60 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 4904 |
| &nbsp;&nbsp;&nbsp; 2.88%, 05/12/41 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 18477 |
| &nbsp;&nbsp;&nbsp; 3.15%, 08/22/27 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2964 |
| &nbsp;&nbsp;&nbsp; 3.25%, 05/12/61 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 9897 |
| &nbsp;&nbsp;&nbsp; 4.05%, 08/22/47 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 03/13/31 - <br> 08/22/57 (a)<br>| &nbsp;&nbsp; 52000 | &nbsp;&nbsp; 51176 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.30%, 03/01/30 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 12824 |
| &nbsp;&nbsp;&nbsp; American Honda Finance <br> Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.85%, 10/04/30 (a) | &nbsp;&nbsp; 90000 | &nbsp;&nbsp; 93418 |
| American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.50%, 01/31/28 (a) | &nbsp;&nbsp; 46000 | &nbsp;&nbsp; 43599 |
| &nbsp;&nbsp;&nbsp; 2.90%, 01/15/30 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 15030 |
| &nbsp;&nbsp;&nbsp; 3.70%, 10/15/49 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 6460 |
| American Water Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.95%, 09/01/27 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13748 |
| &nbsp;&nbsp;&nbsp; 5.45%, 03/01/54 (a) | &nbsp;&nbsp; 64000 | &nbsp;&nbsp; 60705 |
| &nbsp;&nbsp;&nbsp; Americold Realty Operating <br> Partnership LP<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.41%, 09/12/34 (a) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 44733 |
| Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 01/15/32 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 25090 |
| &nbsp;&nbsp;&nbsp; 2.45%, 02/21/30 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4647 |
| &nbsp;&nbsp;&nbsp; 3.00%, 01/15/52 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 11584 |
| &nbsp;&nbsp;&nbsp; 3.15%, 02/21/40 (a) | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 24863 |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/02/43 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26645 |
| &nbsp;&nbsp;&nbsp; 5.65%, 03/02/53 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24197 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/02/63 (a) | &nbsp;&nbsp; 23000 | &nbsp;&nbsp; 22105 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch Cos. <br> LLC/Anheuser-Busch InBev <br> Worldwide, Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.70%, 02/01/36 (a) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 39923 |
| &nbsp;&nbsp;&nbsp; 4.90%, 02/01/46 (a) | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; 18033 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev <br> Worldwide, Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 06/01/30 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21270 |
| &nbsp;&nbsp;&nbsp; 5.55%, 01/23/49 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21326 |
| &nbsp;&nbsp;&nbsp; Aon Corp./Aon Global <br> Holdings PLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.90%, 08/23/51 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 17615 |
| Apollo Debt Solutions BDC |  |  |
| &nbsp;&nbsp;&nbsp; 6.90%, 04/13/29 (a) | &nbsp;&nbsp; 48000 | &nbsp;&nbsp; 49116 |
| Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 02/08/51 (a) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 24835 |
| &nbsp;&nbsp;&nbsp; 2.80%, 02/08/61 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 10264 |
| &nbsp;&nbsp;&nbsp; 3.35%, 02/09/27 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3982 |
| &nbsp;&nbsp;&nbsp; 4.85%, 05/10/53 (a) | &nbsp;&nbsp; 69000 | &nbsp;&nbsp; 63455 |
| Applied Materials, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 04/01/47 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7615 |
| Aptiv Swiss Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.40%, 10/01/46 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4021 |
| &nbsp;&nbsp;&nbsp; 4.65%, 09/13/29 (a) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 203746 |
| ArcelorMittal SA |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/17/34 (a) | &nbsp;&nbsp; 86000 | &nbsp;&nbsp; 90556 |
| &nbsp;&nbsp;&nbsp; 6.35%, 06/17/54 (a) | &nbsp;&nbsp; 71000 | &nbsp;&nbsp; 72422 |
| &nbsp;&nbsp;&nbsp; 6.80%, 11/29/32 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 17663 |
| Archer-Daniels-Midland Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 08/11/26 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7955 |
| ARES Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 06/15/28 (a) | &nbsp;&nbsp; 54000 | &nbsp;&nbsp; 51083 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

2 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Arthur J Gallagher & Co. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 05/20/51 (a) | &nbsp;&nbsp; $18000 | &nbsp;&nbsp; $12272 |
| Ascension Health |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 11/15/53 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 26698 |
| Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.55%, 05/30/33 (a)(g) | &nbsp;&nbsp; 245000 | &nbsp;&nbsp; 247065 |
| Astrazeneca Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 05/28/28 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 38061 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/26/34 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 34507 |
| AstraZeneca PLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 05/28/51 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 14545 |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/17/29 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2990 |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/17/48 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2553 |
| AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 06/01/31 (a) | &nbsp;&nbsp; 172000 | &nbsp;&nbsp; 157208 |
| &nbsp;&nbsp;&nbsp; 3.55%, 09/15/55 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 7802 |
| &nbsp;&nbsp;&nbsp; 3.65%, 06/01/51 (a) | &nbsp;&nbsp; 84000 | &nbsp;&nbsp; 57581 |
| &nbsp;&nbsp;&nbsp; 3.85%, 06/01/60 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 20119 |
| &nbsp;&nbsp;&nbsp; 4.35%, 03/01/29 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 24017 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/15/35 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 20847 |
| &nbsp;&nbsp;&nbsp; 4.55%, 03/09/49 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7230 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/15/46 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3384 |
| &nbsp;&nbsp;&nbsp; 4.85%, 03/01/39 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 15822 |
| &nbsp;&nbsp;&nbsp; 5.40%, 02/15/34 (a) | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 66459 |
| Athene Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 01/12/28 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11854 |
| &nbsp;&nbsp;&nbsp; 6.15%, 04/03/30 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 26895 |
| Atmos Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.20%, 11/15/53 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 29664 |
| AutoNation, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.89%, 03/15/35 (a) | &nbsp;&nbsp; 60000 | &nbsp;&nbsp; 61232 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 10/21/27 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 17754 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (2.09% <br> fixed rate until 06/14/28; <br> 1.06% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.09%, 06/14/29 (a)(b) | &nbsp;&nbsp; 57000 | &nbsp;&nbsp; 54209 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (2.97% <br> fixed rate until 07/21/51; <br> 1.56% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.97%, 07/21/52 (a)(b) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 25876 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (3.42% <br> fixed rate until 12/20/27; <br> 1.30% + 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.42%, 12/20/28 (a)(b) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13754 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (3.71% <br> fixed rate until 04/24/27; <br> 1.77% + 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.71%, 04/24/28 (a)(b) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 37708 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (3.85% <br> fixed rate until 03/08/32; <br> 2.00% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.85%, 03/08/37 (a)(b) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 36100 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (3.95% <br> fixed rate until 01/23/48; <br> 1.45% + 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 01/23/49 (a)(b) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 16956 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (4.24% <br> fixed rate until 04/24/37; <br> 2.08% + 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.24%, 04/24/38 (a)(b) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 16303 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (4.27% <br> fixed rate until 07/23/28; <br> 1.57% + 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.27%, 07/23/29 (a)(b) | &nbsp;&nbsp; $3000 | &nbsp;&nbsp; $2988 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (5.29% <br> fixed rate until 04/25/33; <br> 1.91% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.29%, 04/25/34 (a)(b) | &nbsp;&nbsp; 107000 | &nbsp;&nbsp; 108262 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (5.47% <br> fixed rate until 01/23/34; <br> 1.65% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.47%, 01/23/35 (a)(b) | &nbsp;&nbsp; 109000 | &nbsp;&nbsp; 111182 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (5.87% <br> fixed rate until 09/15/33; <br> 1.84% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.87%, 09/15/34 (a)(b) | &nbsp;&nbsp; 94000 | &nbsp;&nbsp; 98391 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon <br> Corp. (4.63% fixed rate until <br> 09/20/26; 3.39% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 09/20/26 (a)(b) | &nbsp;&nbsp; 19000 | &nbsp;&nbsp; 18907 |
| BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.73%, 03/25/31 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 21921 |
| &nbsp;&nbsp;&nbsp; 4.39%, 08/15/37 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 14539 |
| &nbsp;&nbsp;&nbsp; 4.54%, 08/15/47 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3239 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/22/33 (a) | &nbsp;&nbsp; 166000 | &nbsp;&nbsp; 162424 |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/20/34 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 41195 |
| Baxter International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.92%, 02/01/27 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 33223 |
| &nbsp;&nbsp;&nbsp; 4.90%, 12/15/30 (a) | &nbsp;&nbsp; 79000 | &nbsp;&nbsp; 77913 |
| &nbsp;&nbsp;&nbsp; 5.65%, 12/15/35 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 30289 |
| Bayer U.S. Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 11/21/30 (a)(g) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 210294 |
| Baylor Scott & White Holdings |  |  |
| &nbsp;&nbsp;&nbsp; 2.84%, 11/15/50 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 3142 |
| Becton Dickinson & Co. |  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 06/06/27 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14876 |
| &nbsp;&nbsp;&nbsp; 4.69%, 12/15/44 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2623 |
| &nbsp;&nbsp;&nbsp; 5.11%, 02/08/34 (a) | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 65327 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Energy <br> Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 07/15/30 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 23306 |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/15/50 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 17136 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Finance <br> Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.85%, 10/15/50 (a) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 33290 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/49 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7378 |
| Berry Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/15/26 (a)(g) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 26004 |
| BlackRock TCP Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.95%, 05/30/29 (a) | &nbsp;&nbsp; 99000 | &nbsp;&nbsp; 97158 |
| Block Financial LLC |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 07/15/28 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 20773 |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/30 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3769 |
| Boardwalk Pipelines LP |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 05/03/29 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 16075 |
| Boeing Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.70%, 02/01/27 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 39429 |
| &nbsp;&nbsp;&nbsp; 2.95%, 02/01/30 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8466 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/01/50 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 7798 |
| &nbsp;&nbsp;&nbsp; 5.04%, 05/01/27 (a) | &nbsp;&nbsp; 147000 | &nbsp;&nbsp; 147778 |
| &nbsp;&nbsp;&nbsp; 5.15%, 05/01/30 (a) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 33504 |
| &nbsp;&nbsp;&nbsp; 5.81%, 05/01/50 (a) | &nbsp;&nbsp; 60000 | &nbsp;&nbsp; 57918 |
| Boston Properties LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.40%, 06/21/29 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 37385 |
| Boston Scientific Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.70%, 03/01/49 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1757 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 3

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; BP Capital Markets America, <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/24/50 (a) | &nbsp;&nbsp; $22000 | &nbsp;&nbsp; $14175 |
| &nbsp;&nbsp;&nbsp; 3.38%, 02/08/61 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 18738 |
| &nbsp;&nbsp;&nbsp; 4.81%, 02/13/33 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 38122 |
| &nbsp;&nbsp;&nbsp; 5.23%, 11/17/34 (a) | &nbsp;&nbsp; 124000 | &nbsp;&nbsp; 126486 |
| &nbsp;&nbsp;&nbsp; BP Capital Markets PLC <br> (4.88% fixed rate until <br> 03/22/30; 4.40% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/22/30 (a)(b) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 25643 |
| Bristol-Myers Squibb Co. |  |  |
| &nbsp;&nbsp;&nbsp; 1.45%, 11/13/30 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 15835 |
| &nbsp;&nbsp;&nbsp; 2.35%, 11/13/40 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 6978 |
| &nbsp;&nbsp;&nbsp; 3.55%, 03/15/42 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 10266 |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/15/39 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 13347 |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/26/49 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 12041 |
| &nbsp;&nbsp;&nbsp; 4.35%, 11/15/47 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1648 |
| &nbsp;&nbsp;&nbsp; 4.55%, 02/20/48 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1691 |
| &nbsp;&nbsp;&nbsp; 5.20%, 02/22/34 (a) | &nbsp;&nbsp; 68000 | &nbsp;&nbsp; 69664 |
| &nbsp;&nbsp;&nbsp; Brixmor Operating <br> Partnership LP<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.25%, 04/01/28 (a) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 31669 |
| &nbsp;&nbsp;&nbsp; 3.90%, 03/15/27 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3978 |
| Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.14%, 11/15/35 (a)(g) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 10196 |
| &nbsp;&nbsp;&nbsp; 3.42%, 04/15/33 (a) | &nbsp;&nbsp; 82000 | &nbsp;&nbsp; 75005 |
| &nbsp;&nbsp;&nbsp; 4.15%, 11/15/30 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13786 |
| &nbsp;&nbsp;&nbsp; 4.30%, 11/15/32 (a) | &nbsp;&nbsp; 19000 | &nbsp;&nbsp; 18500 |
| &nbsp;&nbsp;&nbsp; 4.93%, 05/15/37 (a)(g) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 15508 |
| Brown-Forman Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/38 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1757 |
| &nbsp;&nbsp;&nbsp; Burlington Northern Santa <br> Fe LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.15%, 12/15/48 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 13621 |
| &nbsp;&nbsp;&nbsp; 4.55%, 09/01/44 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 20925 |
| Campbell's Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/21/34 (a) | &nbsp;&nbsp; 102000 | &nbsp;&nbsp; 98881 |
| &nbsp;&nbsp;&nbsp; Canadian Natural Resources <br> Ltd.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.85%, 06/01/27 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 10936 |
| &nbsp;&nbsp;&nbsp; 4.95%, 06/01/47 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7847 |
| Canadian Pacific Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 12/02/26 (a) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 40343 |
| &nbsp;&nbsp;&nbsp; 3.10%, 12/02/51 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 7852 |
| &nbsp;&nbsp;&nbsp; 3.50%, 05/01/50 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 9897 |
| Capital One Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 07/28/26 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 33910 |
| Carlisle Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.20%, 03/01/32 (a) | &nbsp;&nbsp; 37000 | &nbsp;&nbsp; 31884 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/35 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 14004 |
| &nbsp;&nbsp;&nbsp; 5.55%, 09/15/40 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24727 |
| Carlyle Secured Lending, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/18/30 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 16859 |
| Carrier Global Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.72%, 02/15/30 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 16821 |
| &nbsp;&nbsp;&nbsp; 3.58%, 04/05/50 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 10722 |
| &nbsp;&nbsp;&nbsp; 5.90%, 03/15/34 (a) | &nbsp;&nbsp; 45000 | &nbsp;&nbsp; 47496 |
| CBRE Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 01/15/33 (a) | &nbsp;&nbsp; 145000 | &nbsp;&nbsp; 143215 |
| Cenovus Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 01/15/32 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 14234 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/52 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 15381 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.45%, 07/15/28 (a) | &nbsp;&nbsp; 303000 | &nbsp;&nbsp; 282145 |
| CGI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 03/14/30 (a) | &nbsp;&nbsp; 149000 | &nbsp;&nbsp; 149587 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Charles Schwab Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.45%, 03/03/27 (a) | &nbsp;&nbsp; $194000 | &nbsp;&nbsp; $191014 |
| &nbsp;&nbsp;&nbsp; 2.90%, 03/03/32 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 12690 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. (4.00% <br> fixed rate until 12/01/30; <br> 3.08% + 10 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/30 (a)(b) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 37939 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. (5.64% <br> fixed rate until 05/19/28; <br> 2.21% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.64%, 05/19/29 (a)(b) | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 77048 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp. (6.14% <br> fixed rate until 08/24/33; <br> 2.01% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.14%, 08/24/34 (a)(b) | &nbsp;&nbsp; 59000 | &nbsp;&nbsp; 62774 |
| &nbsp;&nbsp;&nbsp; Charter Communications <br> Operating LLC/Charter <br> Communications Operating <br> Capital<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 06/01/41 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 18223 |
| &nbsp;&nbsp;&nbsp; 3.70%, 04/01/51 (a) | &nbsp;&nbsp; 89000 | &nbsp;&nbsp; 55163 |
| &nbsp;&nbsp;&nbsp; 4.80%, 03/01/50 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 29667 |
| &nbsp;&nbsp;&nbsp; 6.55%, 06/01/34 (a) | &nbsp;&nbsp; 167000 | &nbsp;&nbsp; 173271 |
| Cheniere Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 04/15/34 (a) | &nbsp;&nbsp; 60000 | &nbsp;&nbsp; 61821 |
| Chevron Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.24%, 05/11/30 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4617 |
| Chevron USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.85%, 01/15/28 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 29898 |
| Chubb INA Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 11/03/45 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 10941 |
| Church & Dwight Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.30%, 12/15/31 (a) | &nbsp;&nbsp; 86000 | &nbsp;&nbsp; 76233 |
| Cigna Group |  |  |
| &nbsp;&nbsp;&nbsp; 2.40%, 03/15/30 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 12934 |
| &nbsp;&nbsp;&nbsp; 3.40%, 03/15/50 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 2735 |
| &nbsp;&nbsp;&nbsp; 4.38%, 10/15/28 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2998 |
| Cisco Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.30%, 02/26/54 (a) | &nbsp;&nbsp; 49000 | &nbsp;&nbsp; 45971 |
| &nbsp;&nbsp;&nbsp; 5.35%, 02/26/64 (a) | &nbsp;&nbsp; 49000 | &nbsp;&nbsp; 45241 |
| &nbsp;&nbsp;&nbsp; 5.90%, 02/15/39 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 8450 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.65%, 07/23/48 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 33021 |
| &nbsp;&nbsp;&nbsp; Citigroup, Inc. (2.98% fixed <br> rate until 11/05/29; 1.42% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.98%, 11/05/30 (a)(b) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13217 |
| &nbsp;&nbsp;&nbsp; Cleveland Electric Illuminating <br> Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.55%, 11/15/30 (a)(g) | &nbsp;&nbsp; 54000 | &nbsp;&nbsp; 53252 |
| Clorox Co. |  |  |
| &nbsp;&nbsp;&nbsp; 1.80%, 05/15/30 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19677 |
| CME Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 03/15/32 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 15406 |
| CMS Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/01/44 (a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 30775 |
| Coca-Cola Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.60%, 06/01/50 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 10913 |
| &nbsp;&nbsp;&nbsp; 2.75%, 06/01/60 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 6861 |
| Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 08/15/62 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 6897 |
| &nbsp;&nbsp;&nbsp; 2.94%, 11/01/56 (a) | &nbsp;&nbsp; 19000 | &nbsp;&nbsp; 10549 |
| &nbsp;&nbsp;&nbsp; 2.99%, 11/01/63 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 7425 |
| &nbsp;&nbsp;&nbsp; 3.20%, 07/15/36 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 14252 |
| &nbsp;&nbsp;&nbsp; 3.25%, 11/01/39 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 16939 |
| &nbsp;&nbsp;&nbsp; 3.97%, 11/01/47 (a) | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; 14726 |
| &nbsp;&nbsp;&nbsp; 5.17%, 01/15/37 (a)(g) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14611 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

4 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; 5.65%, 06/01/54 (a) | &nbsp;&nbsp; $56000 | &nbsp;&nbsp; $51659 |
| Conagra Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.30%, 11/01/38 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2791 |
| ConocoPhillips Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.55%, 03/15/54 (a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 33535 |
| &nbsp;&nbsp;&nbsp; 5.70%, 09/15/63 (a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 33690 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison Co. of <br> New York, Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.35%, 04/01/30 (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 6715 |
| &nbsp;&nbsp;&nbsp; 3.88%, 06/15/47 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 6865 |
| Constellation Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.15%, 08/01/29 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 37312 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/09/47 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 12219 |
| &nbsp;&nbsp;&nbsp; Constellation Energy <br> Generation LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/53 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 23379 |
| Continental Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 04/01/32 (a)(g) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 23586 |
| COPT Defense Properties LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 01/15/29 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 26140 |
| &nbsp;&nbsp;&nbsp; 2.75%, 04/15/31 (a) | &nbsp;&nbsp; 64000 | &nbsp;&nbsp; 57833 |
| Corebridge Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.90%, 04/05/32 (a) | &nbsp;&nbsp; 77000 | &nbsp;&nbsp; 72223 |
| Coterra Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/15/34 (a) | &nbsp;&nbsp; 104000 | &nbsp;&nbsp; 106423 |
| &nbsp;&nbsp;&nbsp; 5.90%, 02/15/55 (a) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 50545 |
| Crowdstrike Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/15/29 (a) | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 570912 |
| CSL Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/27/32 (a)(g) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 37761 |
| &nbsp;&nbsp;&nbsp; 5.11%, 04/03/34 (a)(g) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 12068 |
| &nbsp;&nbsp;&nbsp; 5.42%, 04/03/54 (a)(g) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3725 |
| CSX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/49 - <br> 08/01/54 (a)<br>| &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 24910 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 08/15/26 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21887 |
| &nbsp;&nbsp;&nbsp; 3.63%, 04/01/27 (a) | &nbsp;&nbsp; 19000 | &nbsp;&nbsp; 18839 |
| &nbsp;&nbsp;&nbsp; 3.75%, 04/01/30 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13534 |
| &nbsp;&nbsp;&nbsp; 4.30%, 03/25/28 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1993 |
| &nbsp;&nbsp;&nbsp; 4.78%, 03/25/38 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 9212 |
| &nbsp;&nbsp;&nbsp; 5.13%, 07/20/45 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 11436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/33 - <br> 12/05/43 (a)<br>| &nbsp;&nbsp; 119000 | &nbsp;&nbsp; 117694 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/53 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4733 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/63 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3787 |
| &nbsp;&nbsp;&nbsp; 6.05%, 06/01/54 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 16490 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. (6.75% fixed <br> rate until 09/10/34; 2.52% + <br> 5 yr. CMT thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 12/10/54 (a)(b) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 47441 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp. (7.00% fixed <br> rate until 12/10/29; 2.89% + <br> 5 yr. CMT thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/10/55 (a)(b) | &nbsp;&nbsp; 42000 | &nbsp;&nbsp; 43225 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Finance North <br> America LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 12/14/31 (a)(g) | &nbsp;&nbsp; 155000 | &nbsp;&nbsp; 136434 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG (2.31% <br> fixed rate until 11/16/26; <br> 1.22% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.31%, 11/16/27 (a)(b) | &nbsp;&nbsp; 320000 | &nbsp;&nbsp; 315610 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG (6.82% <br> fixed rate until 11/20/28; <br> 2.51% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.82%, 11/20/29 (a)(b) | &nbsp;&nbsp; 180000 | &nbsp;&nbsp; 188978 |
| Deutsche Telekom AG |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 01/21/50 (a)(g) | &nbsp;&nbsp; 191000 | &nbsp;&nbsp; 134838 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| DH Europe Finance II SARL |  |  |
| &nbsp;&nbsp;&nbsp; 2.60%, 11/15/29 (a) | &nbsp;&nbsp; $16000 | &nbsp;&nbsp; $15072 |
| &nbsp;&nbsp;&nbsp; 3.25%, 11/15/39 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7225 |
| &nbsp;&nbsp;&nbsp; 3.40%, 11/15/49 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1402 |
| Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 03/24/31 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 20415 |
| &nbsp;&nbsp;&nbsp; 4.40%, 03/24/51 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7179 |
| &nbsp;&nbsp;&nbsp; 5.40%, 04/18/34 (a) | &nbsp;&nbsp; 82000 | &nbsp;&nbsp; 83290 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/18/54 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 28408 |
| Dick's Sporting Goods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.10%, 01/15/52 (a) | &nbsp;&nbsp; 111000 | &nbsp;&nbsp; 78559 |
| Digital Realty Trust LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.60%, 07/01/29 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26228 |
| &nbsp;&nbsp;&nbsp; Discovery <br> Communications LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 03/20/28 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11757 |
| &nbsp;&nbsp;&nbsp; Discovery Global Holdings, <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.76%, 03/15/27 (a) | &nbsp;&nbsp; 135000 | &nbsp;&nbsp; 133353 |
| &nbsp;&nbsp;&nbsp; 4.28%, 03/15/32 (a) | &nbsp;&nbsp; 104000 | &nbsp;&nbsp; 92075 |
| &nbsp;&nbsp;&nbsp; 5.05%, 03/15/42 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 10007 |
| &nbsp;&nbsp;&nbsp; 5.14%, 03/15/52 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 1818 |
| Dollar General Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/03/30 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8573 |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/03/50 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 11294 |
| Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 04/01/30 (a) | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 30583 |
| Dover Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.95%, 11/04/29 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 15179 |
| Dow Chemical Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.10%, 11/15/30 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 10551 |
| &nbsp;&nbsp;&nbsp; 3.60%, 11/15/50 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 8988 |
| &nbsp;&nbsp;&nbsp; 5.15%, 02/15/34 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 30212 |
| &nbsp;&nbsp;&nbsp; 5.55%, 11/30/48 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 6887 |
| &nbsp;&nbsp;&nbsp; 6.30%, 03/15/33 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 31449 |
| DR Horton, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/35 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 39580 |
| DTE Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.85%, 10/01/26 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 10915 |
| Duke Energy Carolinas LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 03/15/48 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 7686 |
| Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.55%, 06/15/31 (a) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 42270 |
| &nbsp;&nbsp;&nbsp; 3.30%, 06/15/41 (a) | &nbsp;&nbsp; 43000 | &nbsp;&nbsp; 32273 |
| &nbsp;&nbsp;&nbsp; 3.50%, 06/15/51 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 25438 |
| &nbsp;&nbsp;&nbsp; 3.75%, 09/01/46 (a) | &nbsp;&nbsp; 61000 | &nbsp;&nbsp; 45077 |
| Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.15%, 12/01/44 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 11365 |
| DuPont de Nemours, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.42%, 11/15/48 (a) | &nbsp;&nbsp; 1000 | &nbsp;&nbsp; 923 |
| Duquesne Light Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.62%, 08/01/27 (a)(g) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26668 |
| &nbsp;&nbsp;&nbsp; Eastern Energy Gas <br> Holdings LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 10/15/54 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 36679 |
| Eastman Chemical Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.65%, 10/15/44 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 15083 |
| Eaton Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.10%, 09/15/27 (a) | &nbsp;&nbsp; 6000 | &nbsp;&nbsp; 5915 |
| Electronic Arts, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.85%, 02/15/31 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 20245 |
| Elevance Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 09/15/29 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 9474 |
| &nbsp;&nbsp;&nbsp; 3.60%, 03/15/51 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 7632 |
| &nbsp;&nbsp;&nbsp; 3.70%, 09/15/49 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 7824 |
| &nbsp;&nbsp;&nbsp; 5.13%, 02/15/53 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7026 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 5

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; 5.65%, 06/15/54 (a) | &nbsp;&nbsp; $22000 | &nbsp;&nbsp; $20730 |
| &nbsp;&nbsp;&nbsp; 6.10%, 10/15/52 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 15058 |
| Eli Lilly & Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/09/54 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 10014 |
| &nbsp;&nbsp;&nbsp; 5.10%, 02/09/64 (a) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 42224 |
| Emerson Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp; 1.80%, 10/15/27 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11602 |
| &nbsp;&nbsp;&nbsp; 2.75%, 10/15/50 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 8009 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.60%, 10/04/26 (a) | &nbsp;&nbsp; 73000 | &nbsp;&nbsp; 72016 |
| &nbsp;&nbsp;&nbsp; Enbridge, Inc. (5.75% fixed <br> rate until 04/15/30; 5.31% + <br> 5 yr. CMT thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/80 (a)(b) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 40945 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/29 (a) | &nbsp;&nbsp; 227000 | &nbsp;&nbsp; 231992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 04/01/44 - <br> 04/15/47 (a)<br>| &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 26642 |
| &nbsp;&nbsp;&nbsp; 5.35%, 05/15/45 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 22326 |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/15/33 (a) | &nbsp;&nbsp; 45000 | &nbsp;&nbsp; 46799 |
| &nbsp;&nbsp;&nbsp; 5.95%, 05/15/54 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 15018 |
| &nbsp;&nbsp;&nbsp; 6.10%, 12/01/28 (a) | &nbsp;&nbsp; 63000 | &nbsp;&nbsp; 65490 |
| &nbsp;&nbsp;&nbsp; 6.40%, 12/01/30 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 27785 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/01/42 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 15612 |
| &nbsp;&nbsp;&nbsp; Enterprise Products <br> Operating LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/48 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 23364 |
| &nbsp;&nbsp;&nbsp; 4.85%, 01/31/34 (a) | &nbsp;&nbsp; 192000 | &nbsp;&nbsp; 191668 |
| &nbsp;&nbsp;&nbsp; Enterprise Products <br> Operating LLC (5.25% fixed <br> rate until 08/16/27; 3.29% + <br> 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/16/77 (a)(b) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 6938 |
| EOG Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 01/15/36 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2963 |
| Equinix, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.15%, 07/15/30 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 24269 |
| ERP Operating LP |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 07/01/44 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7781 |
| &nbsp;&nbsp;&nbsp; Everest Reinsurance Holdings, <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 10/15/52 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 5426 |
| Exelon Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.05%, 04/15/30 (a) | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 31359 |
| &nbsp;&nbsp;&nbsp; 4.45%, 04/15/46 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 18030 |
| &nbsp;&nbsp;&nbsp; 4.70%, 04/15/50 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 18238 |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/15/53 (a) | &nbsp;&nbsp; 60000 | &nbsp;&nbsp; 56622 |
| Expand Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/29 (a)(g) | &nbsp;&nbsp; 205000 | &nbsp;&nbsp; 205449 |
| Expedia Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 02/15/35 (a) | &nbsp;&nbsp; 46000 | &nbsp;&nbsp; 45630 |
| Extra Space Storage LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.20%, 10/15/30 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19696 |
| &nbsp;&nbsp;&nbsp; 3.90%, 04/01/29 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13725 |
| &nbsp;&nbsp;&nbsp; 5.90%, 01/15/31 (a) | &nbsp;&nbsp; 64000 | &nbsp;&nbsp; 66844 |
| Exxon Mobil Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.45%, 04/15/51 (a) | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; 14242 |
| FedEx Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.10%, 02/01/45 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 30654 |
| Fidelity National Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 09/17/51 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 17733 |
| FirstEnergy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.40%, 03/01/50 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 19375 |
| FirstEnergy Transmission LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.55%, 04/01/49 (a)(g) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 31519 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Fiserv, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 07/01/29 (a) | &nbsp;&nbsp; $5000 | &nbsp;&nbsp; $4790 |
| &nbsp;&nbsp;&nbsp; 4.40%, 07/01/49 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 3777 |
| Florida Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 02/01/42 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 12719 |
| Flowserve Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.80%, 01/15/32 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 22948 |
| Foundry JV Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/25/34 (a)(g) | &nbsp;&nbsp; 205000 | &nbsp;&nbsp; 207895 |
| Fox Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/13/33 (a) | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 69720 |
| Freeport-McMoRan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 03/01/30 (a) | &nbsp;&nbsp; 66000 | &nbsp;&nbsp; 64765 |
| General Dynamics Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/01/50 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 10866 |
| General Mills, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 02/01/51 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 7361 |
| General Motors Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 04/01/45 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1735 |
| &nbsp;&nbsp;&nbsp; 5.40%, 04/01/48 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1750 |
| &nbsp;&nbsp;&nbsp; 6.80%, 10/01/27 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 14398 |
| &nbsp;&nbsp;&nbsp; General Motors Financial Co., <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.35%, 01/08/31 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 15146 |
| &nbsp;&nbsp;&nbsp; 5.85%, 04/06/30 (a) | &nbsp;&nbsp; 217000 | &nbsp;&nbsp; 224690 |
| &nbsp;&nbsp;&nbsp; 6.10%, 01/07/34 (a) | &nbsp;&nbsp; 99000 | &nbsp;&nbsp; 102804 |
| Genuine Parts Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 02/01/32 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 13854 |
| Georgia Power Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/15/34 (a) | &nbsp;&nbsp; 263000 | &nbsp;&nbsp; 268704 |
| Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.60%, 10/01/40 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 10130 |
| &nbsp;&nbsp;&nbsp; 2.95%, 03/01/27 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1979 |
| &nbsp;&nbsp;&nbsp; 4.15%, 03/01/47 (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 5666 |
| &nbsp;&nbsp;&nbsp; 4.60%, 09/01/35 (a) | &nbsp;&nbsp; 61000 | &nbsp;&nbsp; 59545 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/15/33 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 17580 |
| GlaxoSmithKline Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 06/01/29 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21428 |
| Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.15%, 05/22/45 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7163 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (1.54% fixed rate until <br> 09/10/26; 0.82% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.54%, 09/10/27 (a)(b) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 37504 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (2.38% fixed rate until <br> 07/21/31; 1.25% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.38%, 07/21/32 (a)(b) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 15881 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (2.91% fixed rate until <br> 07/21/41; 1.47% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.91%, 07/21/42 (a)(b) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 10569 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (3.21% fixed rate until <br> 04/22/41; 1.51% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.21%, 04/22/42 (a)(b) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 16302 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (3.44% fixed rate until <br> 02/24/42; 1.63% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.44%, 02/24/43 (a)(b) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 27031 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

6 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (3.81% fixed rate until <br> 04/23/28; 1.42% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.81%, 04/23/29 (a)(b) | &nbsp;&nbsp; $8000 | &nbsp;&nbsp; $7890 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (4.02% fixed rate until <br> 10/31/37; 1.63% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.02%, 10/31/38 (a)(b) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7852 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. <br> (4.22% fixed rate until <br> 05/01/28; 1.56% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.22%, 05/01/29 (a)(b) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14912 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging <br> International LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.51%, 04/15/26 (a)(g) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 25964 |
| Haleon U.S. Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 03/24/27 (a) | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 247632 |
| Halliburton Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/45 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7093 |
| &nbsp;&nbsp;&nbsp; Hartford Insurance Group, Inc. <br> (6.04% fixed rate until <br> 04/30/26; 2.39% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.04%, 02/12/67 (a)(b)(g) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 23894 |
| HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 03/15/27 (a) | &nbsp;&nbsp; 119000 | &nbsp;&nbsp; 117498 |
| &nbsp;&nbsp;&nbsp; 3.38%, 03/15/29 (a) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 31961 |
| &nbsp;&nbsp;&nbsp; 3.50%, 09/01/30 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 17092 |
| &nbsp;&nbsp;&nbsp; 3.63%, 03/15/32 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 14860 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/52 (a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 27856 |
| &nbsp;&nbsp;&nbsp; 5.60%, 04/01/34 (a) | &nbsp;&nbsp; 55000 | &nbsp;&nbsp; 56162 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/35 (a) | &nbsp;&nbsp; 44000 | &nbsp;&nbsp; 45239 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/01/54 (a) | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; 19318 |
| &nbsp;&nbsp;&nbsp; Health Care Service Corp. A <br> Mutual Legal Reserve Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.20%, 06/01/30 (a)(g) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19907 |
| &nbsp;&nbsp;&nbsp; 3.20%, 06/01/50 (a)(g) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 5592 |
| Healthcare Realty Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 03/15/31 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 10416 |
| Hess Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 02/15/41 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3054 |
| &nbsp;&nbsp;&nbsp; 5.80%, 04/01/47 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2016 |
| Highwoods Realty LP |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 03/15/28 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7885 |
| &nbsp;&nbsp;&nbsp; 4.20%, 04/15/29 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21400 |
| &nbsp;&nbsp;&nbsp; 7.65%, 02/01/34 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 4424 |
| Home Depot, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.70%, 04/15/30 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7527 |
| &nbsp;&nbsp;&nbsp; 3.35%, 04/15/50 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 12420 |
| &nbsp;&nbsp;&nbsp; 3.50%, 09/15/56 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 6141 |
| &nbsp;&nbsp;&nbsp; 3.90%, 06/15/47 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 3874 |
| &nbsp;&nbsp;&nbsp; 4.50%, 12/06/48 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 06/25/34 - <br> 09/15/52 (a)<br>| &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 32955 |
| &nbsp;&nbsp;&nbsp; 5.30%, 06/25/54 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8421 |
| &nbsp;&nbsp;&nbsp; 5.40%, 06/25/64 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 36585 |
| Honeywell Aerospace, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.30%, 03/16/31 (a)(g) | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 74236 |
| Honeywell International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 09/01/31 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 21656 |
| &nbsp;&nbsp;&nbsp; 2.70%, 08/15/29 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2843 |
| Hormel Foods Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.80%, 06/11/30 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 30568 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC (2.87% <br> fixed rate until 11/22/31; <br> 1.41% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.87%, 11/22/32 (a)(b) | &nbsp;&nbsp; $200000 | &nbsp;&nbsp; $178758 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC (6.00% <br> fixed rate until 05/22/27; <br> 3.75% + 5 yr. USD ICE <br> Swap thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/22/27 (a)(b) | &nbsp;&nbsp; 465000 | &nbsp;&nbsp; 463731 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC (6.88% <br> fixed rate until 09/11/29; <br> 3.30% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/11/29 (a)(b) | &nbsp;&nbsp; 210000 | &nbsp;&nbsp; 211256 |
| Huntington Bancshares, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.55%, 02/04/30 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 35204 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares, Inc. <br> (5.27% fixed rate until <br> 01/15/30; 1.28% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.27%, 01/15/31 (a)(b) | &nbsp;&nbsp; 97000 | &nbsp;&nbsp; 98447 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares, Inc. <br> (6.14% fixed rate until <br> 08/18/34; 1.70% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.14%, 11/18/39 (a)(b) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 38672 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.04%, 08/16/28 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 29378 |
| Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 01/08/31 (a)(g) | &nbsp;&nbsp; 199000 | &nbsp;&nbsp; 203107 |
| Imperial Brands Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 07/26/26 (a)(g) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 199398 |
| &nbsp;&nbsp;&nbsp; 5.50%, 02/01/30 (a)(g) | &nbsp;&nbsp; 489000 | &nbsp;&nbsp; 501489 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/01/34 (a)(g) | &nbsp;&nbsp; 233000 | &nbsp;&nbsp; 239818 |
| Indiana Michigan Power Co. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 05/01/51 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 14369 |
| Ingersoll Rand, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 08/14/33 (a) | &nbsp;&nbsp; 51000 | &nbsp;&nbsp; 52969 |
| Ingredion, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.90%, 06/01/50 (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 5183 |
| Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 08/12/31 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 25111 |
| &nbsp;&nbsp;&nbsp; 2.80%, 08/12/41 (a) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 22636 |
| &nbsp;&nbsp;&nbsp; 3.10%, 02/15/60 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 6602 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/10/43 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8514 |
| &nbsp;&nbsp;&nbsp; 5.70%, 02/10/53 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8280 |
| Intercontinental Exchange, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 09/15/40 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 5792 |
| Intuit, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/53 (a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 32191 |
| ITC Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.95%, 05/14/30 (a)(g) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 49547 |
| J.M. Smucker Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/43 - <br> 11/15/53 (a)<br>| &nbsp;&nbsp; 73000 | &nbsp;&nbsp; 75949 |
| &nbsp;&nbsp;&nbsp; JBS NV/JBS USA Foods <br> Group Holdings, Inc./JBS <br> USA Food Co. Holdings<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/01/33 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 16516 |
| &nbsp;&nbsp;&nbsp; 5.95%, 04/20/35 (a) | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 145260 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/34 (a) | &nbsp;&nbsp; 56000 | &nbsp;&nbsp; 61494 |
| Jefferies Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/21/28 (a) | &nbsp;&nbsp; 59000 | &nbsp;&nbsp; 60256 |
| Johnson & Johnson |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 03/03/37 (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 6285 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 7

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (1.58% fixed rate until <br> 04/22/26; 0.89% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.58%, 04/22/27 (a)(b) | &nbsp;&nbsp; $65000 | &nbsp;&nbsp; $64894 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (2.96% fixed rate until <br> 05/13/30; 2.52% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.96%, 05/13/31 (a)(b) | &nbsp;&nbsp; 37000 | &nbsp;&nbsp; 34479 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (3.16% fixed rate until <br> 04/22/41; 1.46% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.16%, 04/22/42 (a)(b) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 22517 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (3.88% fixed rate until <br> 07/24/37; 1.62% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 07/24/38 (a)(b) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 10532 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (3.90% fixed rate until <br> 01/23/48; 1.48% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.90%, 01/23/49 (a)(b) | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 62171 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (4.01% fixed rate until <br> 04/23/28; 1.38% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.01%, 04/23/29 (a)(b) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13881 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (4.03% fixed rate until <br> 07/24/47; 1.72% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.03%, 07/24/48 (a)(b) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 5523 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (4.49% fixed rate until <br> 03/24/30; 3.79% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.49%, 03/24/31 (a)(b) | &nbsp;&nbsp; 167000 | &nbsp;&nbsp; 166155 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (5.34% fixed rate until <br> 01/23/34; 1.62% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.34%, 01/23/35 (a)(b) | &nbsp;&nbsp; 104000 | &nbsp;&nbsp; 105571 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. <br> (5.50% fixed rate until <br> 01/24/35; 1.32% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/24/36 (a)(b) | &nbsp;&nbsp; 183000 | &nbsp;&nbsp; 187273 |
| Kaiser Foundation Hospitals |  |  |
| &nbsp;&nbsp;&nbsp; 3.27%, 11/01/49 (a) | &nbsp;&nbsp; 154000 | &nbsp;&nbsp; 105727 |
| Kenvue, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 03/22/33 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 18137 |
| &nbsp;&nbsp;&nbsp; 5.05%, 03/22/53 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19866 |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/22/63 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 11647 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Energy <br> Partners LP<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/43 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8073 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/41 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 9470 |
| Kinder Morgan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 11/15/26 (a) | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 79733 |
| &nbsp;&nbsp;&nbsp; 5.05%, 02/15/46 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7136 |
| &nbsp;&nbsp;&nbsp; 5.20%, 06/01/33 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 16276 |
| KLA Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.30%, 03/01/50 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 12254 |
| Kraft Heinz Foods Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 07/15/45 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 29687 |
| Kyndryl Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.05%, 10/15/26 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 37331 |
| L3Harris Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.85%, 12/15/26 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13945 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Las Vegas Sands Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.90%, 06/01/27 (a) | &nbsp;&nbsp; $142000 | &nbsp;&nbsp; $143874 |
| &nbsp;&nbsp;&nbsp; 6.20%, 08/15/34 (a) | &nbsp;&nbsp; 43000 | &nbsp;&nbsp; 44135 |
| Leidos, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 05/15/30 (a) | &nbsp;&nbsp; 140000 | &nbsp;&nbsp; 137822 |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/15/32 (a) | &nbsp;&nbsp; 42000 | &nbsp;&nbsp; 42774 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/15/35 (a) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 53823 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/15/33 (a) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 37333 |
| Liberty Mutual Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 05/15/60 (a)(g) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 3391 |
| Lockheed Martin Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/15/36 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13597 |
| Lowe's Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.30%, 04/15/28 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.70%, 09/15/28 - <br> 10/15/30 (a)<br>| &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 29785 |
| &nbsp;&nbsp;&nbsp; 3.00%, 10/15/50 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 11101 |
| &nbsp;&nbsp;&nbsp; 3.70%, 04/15/46 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1474 |
| &nbsp;&nbsp;&nbsp; 4.05%, 05/03/47 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 10743 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/15/53 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 25497 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp. (5.05% fixed <br> rate until 01/27/33; 1.85% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.05%, 01/27/34 (a)(b) | &nbsp;&nbsp; 131000 | &nbsp;&nbsp; 129233 |
| Mars, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 03/01/30 (a)(g) | &nbsp;&nbsp; 61000 | &nbsp;&nbsp; 61637 |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/01/35 (a)(g) | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 65591 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/55 (a)(g) | &nbsp;&nbsp; 61000 | &nbsp;&nbsp; 59463 |
| Marsh & McLennan Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.90%, 12/15/51 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 11071 |
| Marvell Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.95%, 09/15/33 (a) | &nbsp;&nbsp; 45000 | &nbsp;&nbsp; 47407 |
| McCormick & Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.85%, 02/15/31 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 8699 |
| McDonald's Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.60%, 07/01/30 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24283 |
| &nbsp;&nbsp;&nbsp; 3.63%, 09/01/49 (a) | &nbsp;&nbsp; 6000 | &nbsp;&nbsp; 4319 |
| &nbsp;&nbsp;&nbsp; 4.88%, 12/09/45 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7123 |
| &nbsp;&nbsp;&nbsp; Medtronic Global Holdings <br> SCA<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/30/33 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 33582 |
| Medtronic, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/45 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 1786 |
| &nbsp;&nbsp;&nbsp; Memorial Sloan-Kettering <br> Cancer Center<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/01/52 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 30396 |
| Merck & Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.90%, 12/10/28 (a) | &nbsp;&nbsp; 49000 | &nbsp;&nbsp; 46374 |
| &nbsp;&nbsp;&nbsp; 2.45%, 06/24/50 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 15624 |
| &nbsp;&nbsp;&nbsp; 2.75%, 12/10/51 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 10340 |
| &nbsp;&nbsp;&nbsp; 2.90%, 12/10/61 (a) | &nbsp;&nbsp; 6000 | &nbsp;&nbsp; 3428 |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/07/49 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3129 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/17/53 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3604 |
| Meritage Homes Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 04/15/29 (a)(g) | &nbsp;&nbsp; 127000 | &nbsp;&nbsp; 123595 |
| Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.85%, 08/15/32 (a) | &nbsp;&nbsp; 69000 | &nbsp;&nbsp; 65815 |
| &nbsp;&nbsp;&nbsp; 4.20%, 11/15/30 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26722 |
| &nbsp;&nbsp;&nbsp; 4.45%, 08/15/52 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 29861 |
| &nbsp;&nbsp;&nbsp; 4.60%, 11/15/32 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26720 |
| MetLife, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.72%, 12/15/44 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 11314 |
| Micron Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.37%, 11/01/41 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 20175 |
| &nbsp;&nbsp;&nbsp; 3.48%, 11/01/51 (a) | &nbsp;&nbsp; 35000 | &nbsp;&nbsp; 24656 |
| &nbsp;&nbsp;&nbsp; 5.30%, 01/15/31 (a) | &nbsp;&nbsp; 73000 | &nbsp;&nbsp; 76378 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

8 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; 5.65%, 11/01/32 (a) | &nbsp;&nbsp; $42000 | &nbsp;&nbsp; $44211 |
| &nbsp;&nbsp;&nbsp; 5.80%, 01/15/35 (a) | &nbsp;&nbsp; 276000 | &nbsp;&nbsp; 293865 |
| Microsoft Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.40%, 08/08/26 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13919 |
| &nbsp;&nbsp;&nbsp; 2.68%, 06/01/60 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 2232 |
| &nbsp;&nbsp;&nbsp; 2.92%, 03/17/52 (a) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 23120 |
| &nbsp;&nbsp;&nbsp; 3.50%, 02/12/35 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 9314 |
| Mid-America Apartments LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 09/15/51 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 17284 |
| Mizuho Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.84%, 09/13/26 (a) | &nbsp;&nbsp; 289000 | &nbsp;&nbsp; 287153 |
| Molson Coors Beverage Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.20%, 07/15/46 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3121 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp; 3.97%, 07/22/38 (a)(b) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 11344 |
| &nbsp;&nbsp;&nbsp; 4.35%, 09/08/26 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 39994 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/22/47 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 10667 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley (1.51% fixed <br> rate until 07/20/26; 0.86% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.51%, 07/20/27 (a)(b) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 29724 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley (2.80% fixed <br> rate until 01/25/51; 1.43% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.80%, 01/25/52 (a)(b) | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 49310 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley (2.94% fixed <br> rate until 01/21/32; 1.29% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.94%, 01/21/33 (a)(b) | &nbsp;&nbsp; 89000 | &nbsp;&nbsp; 79993 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley (5.47% fixed <br> rate until 01/18/34; 1.73% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.47%, 01/18/35 (a)(b) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 30463 |
| MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 08/15/30 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 16584 |
| &nbsp;&nbsp;&nbsp; 5.20%, 12/01/47 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3512 |
| MSCI, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/01/35 (a) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 35268 |
| Mylan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 04/15/48 (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 5544 |
| Nasdaq, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.95%, 08/15/53 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11994 |
| &nbsp;&nbsp;&nbsp; 6.10%, 06/28/63 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 16012 |
| NetApp, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/17/32 (a) | &nbsp;&nbsp; 80000 | &nbsp;&nbsp; 81764 |
| Netflix, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 08/15/34 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 34261 |
| &nbsp;&nbsp;&nbsp; 5.40%, 08/15/54 (a) | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; 19350 |
| Nevada Power Co. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/15/54 (a) | &nbsp;&nbsp; 21000 | &nbsp;&nbsp; 21059 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital <br> Holdings, Inc. (5.65% fixed <br> rate until 05/01/29; 3.16% + <br> 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/79 (a)(b) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 17957 |
| NGPL PipeCo LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 07/15/31 (a)(g) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 30352 |
| Niagara Mohawk Power Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.66%, 01/17/54 (a)(g) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 26328 |
| NIKE, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 03/27/50 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 3480 |
| &nbsp;&nbsp;&nbsp; NiSource, Inc. (5.75% fixed <br> rate until 04/15/31; 2.04% + <br> 5 yr. CMT thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/56 (a)(b) | &nbsp;&nbsp; 138000 | &nbsp;&nbsp; 135680 |
| Norfolk Southern Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 10/01/42 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 13013 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Life <br> Insurance Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.45%, 03/30/51 (a)(g) | &nbsp;&nbsp; $44000 | &nbsp;&nbsp; $30368 |
| NOV, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.60%, 12/01/29 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24164 |
| Novant Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.32%, 11/01/61 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 11327 |
| Novartis Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.20%, 08/14/30 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 25646 |
| NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.73%, 10/15/30 (a)(g) | &nbsp;&nbsp; 72000 | &nbsp;&nbsp; 71147 |
| &nbsp;&nbsp;&nbsp; 5.41%, 10/15/35 (a)(g) | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 79331 |
| Nutrien Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 03/27/28 - <br> 06/01/43 (a)<br>| &nbsp;&nbsp; 93000 | &nbsp;&nbsp; 92501 |
| &nbsp;&nbsp;&nbsp; 5.40%, 06/21/34 (a) | &nbsp;&nbsp; 131000 | &nbsp;&nbsp; 133185 |
| Oklahoma Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 04/01/30 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 17173 |
| ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 03/15/29 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 15901 |
| &nbsp;&nbsp;&nbsp; 6.10%, 11/15/32 (a) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 55867 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/01/53 (a) | &nbsp;&nbsp; 44000 | &nbsp;&nbsp; 45188 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.30%, 03/25/28 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11436 |
| &nbsp;&nbsp;&nbsp; 2.65%, 07/15/26 (a) | &nbsp;&nbsp; 19000 | &nbsp;&nbsp; 18921 |
| &nbsp;&nbsp;&nbsp; 2.95%, 04/01/30 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 25544 |
| &nbsp;&nbsp;&nbsp; 3.60%, 04/01/50 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 10859 |
| &nbsp;&nbsp;&nbsp; 3.95%, 03/25/51 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 6340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/15/46 - <br> 11/15/47 (a)<br>| &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 14638 |
| &nbsp;&nbsp;&nbsp; 4.10%, 03/25/61 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 14811 |
| &nbsp;&nbsp;&nbsp; 4.55%, 02/04/29 (a) | &nbsp;&nbsp; 145000 | &nbsp;&nbsp; 143137 |
| &nbsp;&nbsp;&nbsp; 5.35%, 05/04/33 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 29189 |
| &nbsp;&nbsp;&nbsp; 5.55%, 02/06/53 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 12763 |
| &nbsp;&nbsp;&nbsp; 5.70%, 02/04/36 (a) | &nbsp;&nbsp; 95000 | &nbsp;&nbsp; 91335 |
| &nbsp;&nbsp;&nbsp; 6.15%, 11/09/29 (a) | &nbsp;&nbsp; 21000 | &nbsp;&nbsp; 21654 |
| &nbsp;&nbsp;&nbsp; 6.90%, 11/09/52 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 15119 |
| Otis Worldwide Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.57%, 02/15/30 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8354 |
| &nbsp;&nbsp;&nbsp; 3.36%, 02/15/50 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 8197 |
| Owens Corning |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 06/01/30 (a) | &nbsp;&nbsp; 71000 | &nbsp;&nbsp; 68729 |
| &nbsp;&nbsp;&nbsp; 5.70%, 06/15/34 (a) | &nbsp;&nbsp; 56000 | &nbsp;&nbsp; 57943 |
| &nbsp;&nbsp;&nbsp; 5.95%, 06/15/54 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 16842 |
| Pacific Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.10%, 08/01/27 (a) | &nbsp;&nbsp; 23000 | &nbsp;&nbsp; 22287 |
| &nbsp;&nbsp;&nbsp; 2.50%, 02/01/31 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 35878 |
| &nbsp;&nbsp;&nbsp; 3.00%, 06/15/28 (a) | &nbsp;&nbsp; 108000 | &nbsp;&nbsp; 104421 |
| &nbsp;&nbsp;&nbsp; 3.30%, 08/01/40 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 29926 |
| &nbsp;&nbsp;&nbsp; 3.50%, 08/01/50 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 11213 |
| &nbsp;&nbsp;&nbsp; 4.30%, 03/15/45 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 21074 |
| PacifiCorp |  |  |
| &nbsp;&nbsp;&nbsp; 2.70%, 09/15/30 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 16382 |
| &nbsp;&nbsp;&nbsp; 2.90%, 06/15/52 (a) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 23305 |
| Packaging Corp. of America |  |  |
| &nbsp;&nbsp;&nbsp; 3.05%, 10/01/51 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 15722 |
| Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 06/01/28 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4838 |
| Parker-Hannifin Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/14/29 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13570 |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/29 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 24131 |
| Patterson-UTI Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.15%, 10/01/33 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 32225 |
| Paychex, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 04/15/30 (a) | &nbsp;&nbsp; 64000 | &nbsp;&nbsp; 64600 |
| &nbsp;&nbsp;&nbsp; 5.60%, 04/15/35 (a) | &nbsp;&nbsp; 48000 | &nbsp;&nbsp; 48219 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 9

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| PayPal Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 10/01/26 (a) | &nbsp;&nbsp; $26000 | &nbsp;&nbsp; $25796 |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/01/50 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 8379 |
| PepsiCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.63%, 05/01/30 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 13520 |
| &nbsp;&nbsp;&nbsp; 2.63%, 07/29/29 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 20936 |
| &nbsp;&nbsp;&nbsp; 2.75%, 10/21/51 (a) | &nbsp;&nbsp; 43000 | &nbsp;&nbsp; 26397 |
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises <br> Pte. Ltd.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/19/33 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2989 |
| &nbsp;&nbsp;&nbsp; 5.30%, 05/19/53 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 12073 |
| &nbsp;&nbsp;&nbsp; 5.34%, 05/19/63 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19965 |
| Pfizer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.70%, 05/28/50 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 23905 |
| &nbsp;&nbsp;&nbsp; 3.90%, 03/15/39 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7828 |
| &nbsp;&nbsp;&nbsp; 4.13%, 12/15/46 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 6441 |
| &nbsp;&nbsp;&nbsp; 4.40%, 05/15/44 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2603 |
| Philip Morris International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.10%, 05/01/30 (a) | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 4555 |
| &nbsp;&nbsp;&nbsp; 3.38%, 08/15/29 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 10656 |
| &nbsp;&nbsp;&nbsp; 4.13%, 03/04/43 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3310 |
| &nbsp;&nbsp;&nbsp; 5.13%, 02/15/30 (a) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 47978 |
| &nbsp;&nbsp;&nbsp; 5.63%, 11/17/29 (a) | &nbsp;&nbsp; 26000 | &nbsp;&nbsp; 27037 |
| Phillips 66 Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.15%, 12/15/30 (a) | &nbsp;&nbsp; 90000 | &nbsp;&nbsp; 80675 |
| &nbsp;&nbsp;&nbsp; 3.15%, 12/15/29 (a) | &nbsp;&nbsp; 45000 | &nbsp;&nbsp; 42899 |
| &nbsp;&nbsp;&nbsp; 4.68%, 02/15/45 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 8416 |
| Pilgrim's Pride Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 07/01/33 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 8352 |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/34 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 36701 |
| &nbsp;&nbsp;&nbsp; Pioneer Natural Resources <br> Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.15%, 01/15/31 (a) | &nbsp;&nbsp; 66000 | &nbsp;&nbsp; 59498 |
| PPL Capital Funding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.10%, 05/15/26 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 23965 |
| Precision Castparts Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 06/15/45 (a) | &nbsp;&nbsp; 11000 | &nbsp;&nbsp; 9377 |
| Progressive Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 03/15/32 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 28304 |
| &nbsp;&nbsp;&nbsp; 3.70%, 03/15/52 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 6535 |
| Prologis LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.05%, 03/01/50 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 5864 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/34 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 18021 |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/15/54 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 11179 |
| Prudential Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.94%, 12/07/49 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 13405 |
| &nbsp;&nbsp;&nbsp; Prudential Financial, Inc. <br> (5.70% fixed rate until <br> 09/15/28; 2.67% + 3 mo. <br> Term SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 09/15/48 (a)(b) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13847 |
| Public Service Co. of Colorado |  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 06/15/28 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 17776 |
| Public Storage Operating Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.35%, 08/01/53 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14122 |
| QUALCOMM, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/20/52 (a) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 29355 |
| Quest Diagnostics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.95%, 06/30/30 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2811 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals, <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 09/15/30 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 30146 |
| Regions Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.80%, 08/12/28 (a) | &nbsp;&nbsp; 77000 | &nbsp;&nbsp; 72299 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; Regions Financial Corp. <br> (5.72% fixed rate until <br> 06/06/29; 1.49% + SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.72%, 06/06/30 (a)(b) | &nbsp;&nbsp; $240000 | &nbsp;&nbsp; $246274 |
| RenaissanceRe Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 06/05/33 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 40056 |
| Reynolds American, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 08/15/35 (a) | &nbsp;&nbsp; 75000 | &nbsp;&nbsp; 77077 |
| Rio Tinto Finance USA Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 11/02/51 (a) | &nbsp;&nbsp; 47000 | &nbsp;&nbsp; 28270 |
| Rio Tinto Finance USA PLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/14/55 (a) | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 31864 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/14/65 (a) | &nbsp;&nbsp; 29000 | &nbsp;&nbsp; 28854 |
| ROBLOX Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 05/01/30 (a)(g) | &nbsp;&nbsp; 156000 | &nbsp;&nbsp; 146468 |
| Rockwell Automation, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.80%, 08/15/61 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 4467 |
| &nbsp;&nbsp;&nbsp; 4.20%, 03/01/49 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 10552 |
| Ross Stores, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.70%, 04/15/27 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 4004 |
| Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 01/15/36 (a) | &nbsp;&nbsp; 44000 | &nbsp;&nbsp; 43244 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/30/31 (a)(g) | &nbsp;&nbsp; 165000 | &nbsp;&nbsp; 166765 |
| Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 09/02/27 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14457 |
| &nbsp;&nbsp;&nbsp; 2.20%, 09/02/30 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2700 |
| &nbsp;&nbsp;&nbsp; 3.30%, 09/02/40 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2274 |
| &nbsp;&nbsp;&nbsp; 5.40%, 09/02/34 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 22182 |
| RTX Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.90%, 09/01/31 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 33964 |
| &nbsp;&nbsp;&nbsp; 2.82%, 09/01/51 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 24458 |
| &nbsp;&nbsp;&nbsp; 3.13%, 05/04/27 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24685 |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/15/27 (a) | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; 9928 |
| &nbsp;&nbsp;&nbsp; 4.15%, 05/15/45 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7360 |
| &nbsp;&nbsp;&nbsp; 4.45%, 11/16/38 (a) | &nbsp;&nbsp; 7000 | &nbsp;&nbsp; 6459 |
| &nbsp;&nbsp;&nbsp; 6.10%, 03/15/34 (a) | &nbsp;&nbsp; 44000 | &nbsp;&nbsp; 47380 |
| &nbsp;&nbsp;&nbsp; 6.40%, 03/15/54 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 33413 |
| Salesforce, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.95%, 07/15/31 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19189 |
| &nbsp;&nbsp;&nbsp; 2.70%, 07/15/41 (a) | &nbsp;&nbsp; 30000 | &nbsp;&nbsp; 20454 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/27 (a) | &nbsp;&nbsp; 300000 | &nbsp;&nbsp; 296988 |
| Schlumberger Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.90%, 05/17/28 (a)(g) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 13888 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/34 (a)(g) | &nbsp;&nbsp; 139000 | &nbsp;&nbsp; 138992 |
| &nbsp;&nbsp;&nbsp; Sempra (4.13% fixed rate until <br> 01/01/27; 2.87% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/01/52 (a)(b) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 51470 |
| Shell Finance U.S., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.38%, 11/07/29 (a) | &nbsp;&nbsp; 54000 | &nbsp;&nbsp; 50666 |
| &nbsp;&nbsp;&nbsp; 3.25%, 04/06/50 (a) | &nbsp;&nbsp; 17000 | &nbsp;&nbsp; 11560 |
| Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 06/15/27 (a) | &nbsp;&nbsp; 8000 | &nbsp;&nbsp; 7919 |
| SK Hynix, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/16/29 (a)(g) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 205292 |
| Smith & Nephew PLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/20/34 (a) | &nbsp;&nbsp; 23000 | &nbsp;&nbsp; 23331 |
| Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/34 (a) | &nbsp;&nbsp; 73000 | &nbsp;&nbsp; 71453 |
| &nbsp;&nbsp;&nbsp; South Bow USA Infrastructure <br> Holdings LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.58%, 10/01/34 (a) | &nbsp;&nbsp; 124000 | &nbsp;&nbsp; 123193 |
| Southern California Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/01/47 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 29014 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

10 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| &nbsp;&nbsp;&nbsp; 4.20%, 03/01/29 (a) | &nbsp;&nbsp; $28000 | &nbsp;&nbsp; $27688 |
| &nbsp;&nbsp;&nbsp; 5.65%, 10/01/28 (a) | &nbsp;&nbsp; 174000 | &nbsp;&nbsp; 178260 |
| Southern Co. |  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 04/30/30 (a) | &nbsp;&nbsp; 51000 | &nbsp;&nbsp; 49398 |
| Southwest Airlines Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.63%, 02/10/30 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 22908 |
| &nbsp;&nbsp;&nbsp; Southwestern Electric Power <br> Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 10/01/26 (a) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14880 |
| Starbucks Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/28 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2976 |
| STERIS Irish FinCo UnLtd Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.70%, 03/15/31 (a) | &nbsp;&nbsp; 64000 | &nbsp;&nbsp; 58082 |
| Store Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 02/11/31 (a)(g) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 24796 |
| Stryker Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.95%, 06/15/30 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 35234 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial <br> Group, Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.18%, 07/13/43 (a) | &nbsp;&nbsp; 67000 | &nbsp;&nbsp; 70442 |
| Synopsys, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 04/01/30 (a) | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 81603 |
| &nbsp;&nbsp;&nbsp; 5.15%, 04/01/35 (a) | &nbsp;&nbsp; 48000 | &nbsp;&nbsp; 48087 |
| &nbsp;&nbsp;&nbsp; 5.70%, 04/01/55 (a) | &nbsp;&nbsp; 46000 | &nbsp;&nbsp; 43934 |
| Sysco Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.95%, 04/01/30 (a) | &nbsp;&nbsp; 2000 | &nbsp;&nbsp; 2076 |
| &nbsp;&nbsp;&nbsp; 6.60%, 04/01/50 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 3097 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co. <br> Ltd.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.05%, 03/31/30 (a) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 181740 |
| Takeoff Merger Sub, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 03/24/31 (a)(g) | &nbsp;&nbsp; 50000 | &nbsp;&nbsp; 49401 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software, <br> Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 04/14/27 (a) | &nbsp;&nbsp; 86000 | &nbsp;&nbsp; 85170 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/14/32 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 17167 |
| Tampa Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.40%, 03/15/31 (a) | &nbsp;&nbsp; 40000 | &nbsp;&nbsp; 36122 |
| &nbsp;&nbsp;&nbsp; 3.45%, 03/15/51 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 17291 |
| &nbsp;&nbsp;&nbsp; 4.35%, 05/15/44 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 22549 |
| Tanger Properties LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 09/01/31 (a) | &nbsp;&nbsp; 81000 | &nbsp;&nbsp; 72385 |
| Tapestry, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.05%, 03/15/32 (a) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 32620 |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/15/27 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2986 |
| &nbsp;&nbsp;&nbsp; 5.10%, 03/11/30 (a) | &nbsp;&nbsp; 126000 | &nbsp;&nbsp; 127396 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/11/35 (a) | &nbsp;&nbsp; 78000 | &nbsp;&nbsp; 78243 |
| Targa Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/30/34 (a) | &nbsp;&nbsp; 93000 | &nbsp;&nbsp; 100553 |
| &nbsp;&nbsp;&nbsp; Targa Resources <br> Partners LP/Targa <br> Resources Partners Finance <br> Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/28 (a) | &nbsp;&nbsp; 73000 | &nbsp;&nbsp; 72907 |
| Target Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.95%, 01/15/27 (a) | &nbsp;&nbsp; 13000 | &nbsp;&nbsp; 12792 |
| Thermo Fisher Scientific, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.80%, 10/15/41 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 17527 |
| Time Warner Cable LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.55%, 05/01/37 (a) | &nbsp;&nbsp; 6000 | &nbsp;&nbsp; 6049 |
| T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/15/31 (a) | &nbsp;&nbsp; 125000 | &nbsp;&nbsp; 118329 |
| &nbsp;&nbsp;&nbsp; 3.75%, 04/15/27 (a) | &nbsp;&nbsp; 49000 | &nbsp;&nbsp; 48704 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/15/50 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7265 |
| &nbsp;&nbsp;&nbsp; 4.80%, 07/15/28 (a) | &nbsp;&nbsp; 204000 | &nbsp;&nbsp; 205914 |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/55 (a) | &nbsp;&nbsp; 23000 | &nbsp;&nbsp; 21170 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Toronto-Dominion Bank |  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 03/10/32 (a) | &nbsp;&nbsp; $84000 | &nbsp;&nbsp; $77296 |
| &nbsp;&nbsp;&nbsp; 4.46%, 06/08/32 (a) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 38407 |
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank <br> (3.63% fixed rate until <br> 09/15/26; 2.21% + 5 yr. USD <br> Swap thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 09/15/31 (a)(b) | &nbsp;&nbsp; 15000 | &nbsp;&nbsp; 14910 |
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank <br> (7.25% fixed rate until <br> 07/31/29; 2.98% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/31/84 (a)(b) | &nbsp;&nbsp; 233000 | &nbsp;&nbsp; 236653 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital <br> International SA<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.83%, 01/10/30 (a) | &nbsp;&nbsp; 157000 | &nbsp;&nbsp; 148900 |
| Tractor Supply Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/33 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 31449 |
| TransCanada PipeLines Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/15/28 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21902 |
| &nbsp;&nbsp;&nbsp; Transcontinental Gas Pipe <br> Line Co. LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/15/28 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8942 |
| &nbsp;&nbsp;&nbsp; 5.10%, 03/15/36 (a)(g) | &nbsp;&nbsp; 62000 | &nbsp;&nbsp; 61523 |
| Travelers Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.55%, 04/27/50 (a) | &nbsp;&nbsp; 46000 | &nbsp;&nbsp; 27154 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp. (6.67% <br> fixed rate until 09/01/26; <br> 3.00% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.67%, 09/01/26 (a)(b) | &nbsp;&nbsp; 109000 | &nbsp;&nbsp; 108821 |
| TSMC Arizona Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/22/29 (a) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 198904 |
| Tyson Foods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/15/29 (a) | &nbsp;&nbsp; 33000 | &nbsp;&nbsp; 33840 |
| &nbsp;&nbsp;&nbsp; 5.70%, 03/15/34 (a) | &nbsp;&nbsp; 38000 | &nbsp;&nbsp; 39337 |
| &nbsp;&nbsp;&nbsp; U.S. Bancorp (4.97% fixed rate <br> until 07/22/32; 2.11% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.97%, 07/22/33 (a)(b) | &nbsp;&nbsp; 85000 | &nbsp;&nbsp; 84153 |
| &nbsp;&nbsp;&nbsp; U.S. Bancorp (5.68% fixed rate <br> until 01/23/34; 1.86% + <br> SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.68%, 01/23/35 (a)(b) | &nbsp;&nbsp; 126000 | &nbsp;&nbsp; 130104 |
| Uber Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.15%, 01/15/31 (a) | &nbsp;&nbsp; 71000 | &nbsp;&nbsp; 69425 |
| &nbsp;&nbsp;&nbsp; 4.80%, 09/15/35 (a) | &nbsp;&nbsp; 62000 | &nbsp;&nbsp; 60213 |
| UDR, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.10%, 08/01/32 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 18613 |
| &nbsp;&nbsp;&nbsp; 3.00%, 08/15/31 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 10993 |
| Union Pacific Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.55%, 05/20/61 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 14510 |
| &nbsp;&nbsp;&nbsp; 3.60%, 09/15/37 (a) | &nbsp;&nbsp; 4000 | &nbsp;&nbsp; 3500 |
| &nbsp;&nbsp;&nbsp; 3.80%, 04/06/71 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 8080 |
| &nbsp;&nbsp;&nbsp; 4.10%, 09/15/67 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 6519 |
| UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 05/15/30 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 24458 |
| &nbsp;&nbsp;&nbsp; 4.20%, 05/15/32 (a) | &nbsp;&nbsp; 27000 | &nbsp;&nbsp; 26311 |
| &nbsp;&nbsp;&nbsp; 4.45%, 12/15/48 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 14684 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/15/52 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 23545 |
| &nbsp;&nbsp;&nbsp; 5.05%, 04/15/53 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19353 |
| &nbsp;&nbsp;&nbsp; 5.20%, 04/15/63 (a) | &nbsp;&nbsp; 37000 | &nbsp;&nbsp; 32233 |
| Utah Acquisition Sub, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 06/15/26 (a) | &nbsp;&nbsp; 84000 | &nbsp;&nbsp; 83776 |
| Vale Overseas Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/12/33 (a) | &nbsp;&nbsp; 78000 | &nbsp;&nbsp; 81065 |
| &nbsp;&nbsp;&nbsp; 6.40%, 06/28/54 (a) | &nbsp;&nbsp; 48000 | &nbsp;&nbsp; 48392 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 11

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Ventas Realty LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 10/15/26 (a) | &nbsp;&nbsp; $14000 | &nbsp;&nbsp; $13922 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/01/34 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 34847 |
| Verisk Analytics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/05/34 (a) | &nbsp;&nbsp; 70000 | &nbsp;&nbsp; 69653 |
| Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.36%, 03/15/32 (a) | &nbsp;&nbsp; 49000 | &nbsp;&nbsp; 42773 |
| &nbsp;&nbsp;&nbsp; 3.40%, 03/22/41 (a) | &nbsp;&nbsp; 25000 | &nbsp;&nbsp; 19224 |
| &nbsp;&nbsp;&nbsp; 3.55%, 03/22/51 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 12556 |
| &nbsp;&nbsp;&nbsp; 3.70%, 03/22/61 (a) | &nbsp;&nbsp; 14000 | &nbsp;&nbsp; 9316 |
| &nbsp;&nbsp;&nbsp; 4.40%, 11/01/34 (a) | &nbsp;&nbsp; 51000 | &nbsp;&nbsp; 48529 |
| &nbsp;&nbsp;&nbsp; 4.86%, 08/21/46 (a) | &nbsp;&nbsp; 41000 | &nbsp;&nbsp; 35735 |
| &nbsp;&nbsp;&nbsp; 5.40%, 07/02/37 (a) | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 64755 |
| Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/22/50 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 11785 |
| Virginia Electric & Power Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/46 (a) | &nbsp;&nbsp; 23000 | &nbsp;&nbsp; 17631 |
| Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/34 (a)(g) | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; 37112 |
| Vontier Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.40%, 04/01/28 (a) | &nbsp;&nbsp; 43000 | &nbsp;&nbsp; 41214 |
| &nbsp;&nbsp;&nbsp; 2.95%, 04/01/31 (a) | &nbsp;&nbsp; 34000 | &nbsp;&nbsp; 30897 |
| Vornado Realty LP |  |  |
| &nbsp;&nbsp;&nbsp; 2.15%, 06/01/26 (a) | &nbsp;&nbsp; 498000 | &nbsp;&nbsp; 495644 |
| Walmart, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.80%, 09/22/31 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19507 |
| &nbsp;&nbsp;&nbsp; 2.50%, 09/22/41 (a) | &nbsp;&nbsp; 24000 | &nbsp;&nbsp; 17182 |
| &nbsp;&nbsp;&nbsp; 2.65%, 09/22/51 (a) | &nbsp;&nbsp; 12000 | &nbsp;&nbsp; 7390 |
| Walt Disney Co. |  |  |
| &nbsp;&nbsp;&nbsp; 2.65%, 01/13/31 (a) | &nbsp;&nbsp; 28000 | &nbsp;&nbsp; 25985 |
| &nbsp;&nbsp;&nbsp; 3.38%, 11/15/26 (a) | &nbsp;&nbsp; 3000 | &nbsp;&nbsp; 2987 |
| &nbsp;&nbsp;&nbsp; 6.65%, 11/15/37 (a) | &nbsp;&nbsp; 18000 | &nbsp;&nbsp; 20254 |
| Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.15%, 01/24/29 (a) | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 31816 |
| &nbsp;&nbsp;&nbsp; 4.75%, 12/07/46 (a) | &nbsp;&nbsp; 32000 | &nbsp;&nbsp; 26832 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (2.39% <br> fixed rate until 06/02/27; <br> 2.10% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.39%, 06/02/28 (a)(b) | &nbsp;&nbsp; 77000 | &nbsp;&nbsp; 75157 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (3.07% <br> fixed rate until 04/30/40; <br> 2.53% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.07%, 04/30/41 (a)(b) | &nbsp;&nbsp; 39000 | &nbsp;&nbsp; 29283 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (3.20% <br> fixed rate until 06/17/26; <br> 1.43% + 3 mo. Term SOFR <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 06/17/27 (a)(b) | &nbsp;&nbsp; 241000 | &nbsp;&nbsp; 240308 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (5.24% <br> fixed rate until 01/24/30; <br> 1.11% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.24%, 01/24/31 (a)(b) | &nbsp;&nbsp; 63000 | &nbsp;&nbsp; 64206 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (5.50% <br> fixed rate until 01/23/34; <br> 1.78% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/23/35 (a)(b) | &nbsp;&nbsp; 45000 | &nbsp;&nbsp; 45788 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (6.49% <br> fixed rate until 10/23/33; <br> 2.06% + SOFR thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.49%, 10/23/34 (a)(b) | &nbsp;&nbsp; 53000 | &nbsp;&nbsp; 57314 |
| &nbsp;&nbsp;&nbsp; Westpac Banking Corp. <br> (4.11% fixed rate until <br> 07/24/29; 2.00% + 5 yr. CMT <br> thereafter)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.11%, 07/24/34 (a)(b) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 21448 |
| Williams Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 03/01/48 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 7697 |
| &nbsp;&nbsp;&nbsp; 4.90%, 01/15/45 (a) | &nbsp;&nbsp; 22000 | &nbsp;&nbsp; 19275 |
| &nbsp;&nbsp;&nbsp; 5.30%, 08/15/52 (a) | &nbsp;&nbsp; 16000 | &nbsp;&nbsp; 14412 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br> **Amount**<br>| **Fair**<br> **Value**<br>|
| Willis North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 09/15/49 (a) | &nbsp;&nbsp; $18000 | &nbsp;&nbsp; $13015 |
| Workday, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/01/27 (a) | &nbsp;&nbsp; 31000 | &nbsp;&nbsp; 30724 |
| &nbsp;&nbsp;&nbsp; 3.70%, 04/01/29 (a) | &nbsp;&nbsp; 62000 | &nbsp;&nbsp; 60425 |
| Zoetis, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.90%, 08/20/28 (a) | &nbsp;&nbsp; 9000 | &nbsp;&nbsp; 8917 |
| &nbsp;&nbsp;&nbsp; 5.60%, 11/16/32 (a) | &nbsp;&nbsp; 60000 | &nbsp;&nbsp; 62813 |
|  |  | &nbsp;&nbsp; 31904060 |
| Non-Agency Collateralized Mortgage Obligations - 12.7%  | Non-Agency Collateralized Mortgage Obligations - 12.7%  | Non-Agency Collateralized Mortgage Obligations - 12.7%  |
| A&D Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.23%, 10/25/70 (a)(f)(g) | &nbsp;&nbsp; 516213 | &nbsp;&nbsp; 515080 |
| Angel Oak Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.96%, 09/25/70 (a)(b)(g) | &nbsp;&nbsp; 553815 | &nbsp;&nbsp; 550685 |
| Bank |  |  |
| &nbsp;&nbsp;&nbsp; 3.18%, 09/15/60 (a) | &nbsp;&nbsp; 2352542 | &nbsp;&nbsp; 2313460 |
| &nbsp;&nbsp;&nbsp; 4.41%, 11/15/61 (a)(b) | &nbsp;&nbsp; 1001000 | &nbsp;&nbsp; 998215 |
| &nbsp;&nbsp;&nbsp; Cantor Commercial Real <br> Estate Lending<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.01%, 01/15/53 (a) | &nbsp;&nbsp; 460000 | &nbsp;&nbsp; 433028 |
| CD Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.91%, 08/15/57 (a) | &nbsp;&nbsp; 839000 | &nbsp;&nbsp; 789892 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial <br> Mortgage Trust<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.03%, 12/10/49 (a)(b) | &nbsp;&nbsp; 336823 | &nbsp;&nbsp; 323489 |
| COMM Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.92%, 10/15/45 (a)(g) | &nbsp;&nbsp; 180626 | &nbsp;&nbsp; 173676 |
| Cross Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.93%, 09/25/70 (a)(b)(g) | &nbsp;&nbsp; 749863 | &nbsp;&nbsp; 744766 |
| GS Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.75%, 09/10/52 (a) | &nbsp;&nbsp; 1523000 | &nbsp;&nbsp; 1438137 |
| &nbsp;&nbsp;&nbsp; 3.05%, 11/10/52 (a) | &nbsp;&nbsp; 743000 | &nbsp;&nbsp; 704479 |
| &nbsp;&nbsp;&nbsp; 4.14%, 03/10/51 (a)(b) | &nbsp;&nbsp; 291000 | &nbsp;&nbsp; 278982 |
| &nbsp;&nbsp;&nbsp; 4.29%, 11/10/48 (a)(b) | &nbsp;&nbsp; 380000 | &nbsp;&nbsp; 333186 |
| &nbsp;&nbsp;&nbsp; JPMBB Commercial Mortgage <br> Securities Trust<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.49%, 11/15/48 (a)(b) | &nbsp;&nbsp; 250000 | &nbsp;&nbsp; 52820 |
| MASTR Alternative Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/25/18 (a)(c)(h) | &nbsp;&nbsp; 1524 | &nbsp;&nbsp; 4 |
| OBX Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.87%, 10/25/65 (a)(b)(g) | &nbsp;&nbsp; 1160596 | &nbsp;&nbsp; 1152124 |
| &nbsp;&nbsp;&nbsp; 5.02%, 10/25/65 (a)(b)(g) | &nbsp;&nbsp; 773926 | &nbsp;&nbsp; 770622 |
| &nbsp;&nbsp;&nbsp; 5.06%, 09/25/65 (a)(b)(g) | &nbsp;&nbsp; 291031 | &nbsp;&nbsp; 290131 |
| PRKCM Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 10/25/60 (a)(b)(g) | &nbsp;&nbsp; 587731 | &nbsp;&nbsp; 585051 |
| Verus Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.87%, 09/25/70 (a)(b)(g) | &nbsp;&nbsp; 304666 | &nbsp;&nbsp; 302860 |
| &nbsp;&nbsp;&nbsp; 4.91%, 11/25/70 (a)(b)(g) | &nbsp;&nbsp; 1181988 | &nbsp;&nbsp; 1174527 |
| &nbsp;&nbsp;&nbsp; 4.94%, 10/27/70 (a)(b)(g) | &nbsp;&nbsp; 574631 | &nbsp;&nbsp; 571258 |
|  |  | &nbsp;&nbsp; 14496472 |
| Municipal Bonds and Notes - 0.2%  | Municipal Bonds and Notes - 0.2%  | Municipal Bonds and Notes - 0.2%  |
| State of California, CA |  |  |
| &nbsp;&nbsp;&nbsp; 4.60%, 04/01/38 (a)(i) | &nbsp;&nbsp; 200000 | &nbsp;&nbsp; 202329 |
| &nbsp;&nbsp;&nbsp; **Total Bonds and Notes** <br>(Cost $118,049,494)<br>|  | &nbsp;&nbsp; 112379848 |
| &nbsp;&nbsp;&nbsp; **Total Investments in** <br> **Securities** <br>(Cost $118,049,494)<br>|  | &nbsp;&nbsp; 112379848 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

12 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number** <br>**of Shares**<br>| **Fair** <br>**Value**<br>|
| **Short-Term Investment - 12.7%**  | **Short-Term Investment - 12.7%**  | **Short-Term Investment - 12.7%**  |
| &nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund - Class G <br> Shares 3.64% (j)(k) <br>(Cost $14,508,319)<br>| &nbsp;&nbsp; 14508319 | &nbsp;&nbsp; $14508319 |
| &nbsp;&nbsp;&nbsp; **Total Investments** <br>(Cost $132,557,813)<br>|  | &nbsp;&nbsp; 126888167 |
| **Liabilities in Excess of** <br> **Other Assets, net -** <br> **(10.9)%**<br>|  | &nbsp;&nbsp; (12432214)<br>|
| **NET ASSETS - 100.0%** |  | &nbsp;&nbsp; $114455953 |

---

------

**Other Information:**

------

Centrally Cleared Credit Default Swaps:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference Entity** | **Counterparty** | **Notional** <br>**Amount** <br>**(000s** <br>**omitted)**<br>| **Contract** <br>**Annual** <br>**Fixed Rate/** <br>**Payment** <br>**Frequency**<br>| **Termination** <br>**Date**<br>| **Market** <br>**Value**<br>| **Unamortized** <br>**Upfront** <br>**Payments** <br>**Received (Paid)**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| **Buy Protection**  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Markit CDX North <br> America High Yield <br> Index<br>| Intercontinental <br> Exchange<br>| $25000 | 1.00 %/<br>Quarterly<br>| 06/20/30 | $(447638)<br>| $(404236)<br>| $(43402)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The Fund had the following long futures contracts open at March 31, 2026:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Expiration** <br>**Date**<br>| **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Value** | **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| Ultra Long-Term U.S. Treasury Bond Futures | June 2026 | &nbsp;&nbsp; 35 | &nbsp;&nbsp; $4131983 | &nbsp;&nbsp; $4079687 | &nbsp;&nbsp; $(52296)<br>|
| 5 Yr. U.S. Treasury Notes Futures | June 2026 | &nbsp;&nbsp; 82 | &nbsp;&nbsp; 8994620 | &nbsp;&nbsp; 8870734 | &nbsp;&nbsp; (123886)<br>|
| 10 Yr. U.S. Treasury Ultra Futures | June 2026 | &nbsp;&nbsp; 34 | &nbsp;&nbsp; 3926575 | &nbsp;&nbsp; 3859531 | &nbsp;&nbsp; (67044)<br>|
| 10 Yr. U.S. Treasury Notes Futures | June 2026 | &nbsp;&nbsp; 24 | &nbsp;&nbsp; 2715393 | &nbsp;&nbsp; 2665125 | &nbsp;&nbsp; (50268)<br>|
|  |  |  |  |  | &nbsp;&nbsp; $(293494)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The Fund had the following short futures contracts open at March 31, 2026:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Expiration** <br>**Date**<br>| **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Value** | **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| U.S. Long Bond Futures | June 2026 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; $(348467)<br>| &nbsp;&nbsp; $(341625)<br>| &nbsp;&nbsp; $6842 |
| 2 Yr. U.S. Treasury Notes Futures | June 2026 | &nbsp;&nbsp; 64 | &nbsp;&nbsp; (13374952)<br>| &nbsp;&nbsp; (13276500)<br>| &nbsp;&nbsp; 98452 |
|  |  |  |  |  | &nbsp;&nbsp; $105294 |

---

The views expressed in this document reflect our judgment as of the publication date and are subject to change at any time without notice. The securities cited may not be representative of the Fund's future investments and should not be construed as a recommendation to purchase or sell a particular security. See the Fund's summary prospectus and statutory prospectus for complete descriptions of investment objectives, policies, risks and permissible investments.

&nbsp;&nbsp;&nbsp;&nbsp;(a) At March 31, 2026, all or a portion of this security was pledged to cover collateral requirements for futures contracts, swaps and/or TBAs.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Variable Rate Security - Interest rate shown is rate in effect at March 31, 2026. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above.

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 13

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Interest only security. These securities represent the right to receive the monthly interest payments on an underlying pool of mortgages. Payments of principal on the pool reduce the value of the "interest only" holding.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Settlement is on a delayed delivery or when-issued basis with final maturity to be announced ("TBA") in the future.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Principal only security. These securities represent the right to receive the monthly principal payments on an underlying pool of mortgages. No payments of interest on the pool are passed through to the "principal only" holder.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Step coupon bond.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Pursuant to Rule 144A of the Securities Act of 1933, as amended, these securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, these securities amounted to $13,215,518 or 11.55% of the net assets of the Elfun Income Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(h) Security is in default.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Pre-refunded bonds are collateralized by U.S. Treasury securities, which are held in escrow by a trustee and are used to pay principal and interest on the tax-exempt issue to retire the bonds at the earliest refunding date.

&nbsp;&nbsp;&nbsp;&nbsp;(j) Sponsored by SSGA Funds Management, Inc., the Fund's investment adviser and administrator, and an affiliate of State Street Bank & Trust Co., the Fund's sub-administrator, custodian and accounting agent.

&nbsp;&nbsp;&nbsp;&nbsp;(k) Coupon amount represents effective yield.

&nbsp;&nbsp;&nbsp;&nbsp;† Percentages are based on net assets as of March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Abbreviations:** |
| CMT - Constant Maturity Treasury |
| REMICS - Real Estate Mortgage Investment Conduits |
| RFUCCT - Refinitiv USD IBOR Consumer Cash Fallbacks <br> Term<br>|
| SOFR - Secured Overnight Financing Rate |
| STRIPS - Separate Trading of Registered Interest and <br> Principal of Security<br>|
| TBA - To Be Announced |

---

The following table presents the Fund's investments measured at fair value on a recurring basis at March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments in Securities |  |  |  |  |
| U.S. Treasuries | $— | $35631398 | $— | $35631398 |
| Agency Mortgage Backed |  | 26949449 |  | 26949449 |
| Agency Collateralized Mortgage Obligations |  | 1145171 |  | 1145171 |
| Asset Backed |  | 2050969 |  | 2050969 |
| Corporate Notes |  | 31904060 |  | 31904060 |
| Non-Agency Collateralized Mortgage Obligations |  | 14496472 |  | 14496472 |
| Municipal Bonds and Notes |  | 202329 |  | 202329 |
| Short-Term Investment | 14508319 |  |  | 14508319 |
| Total Investments in Securities | $14508319 | $112379848 | $— | $126888167 |
| Other Financial Instruments |  |  |  |  |
| Credit Default Swap Contracts - Unrealized Depreciation |  | (43402)<br>|  | (43402)<br>|
| Long Futures Contracts - Unrealized Depreciation | (293494)<br>|  |  | (293494)<br>|
| Short Futures Contracts - Unrealized Appreciation | 105294 |  |  | 105294 |
| Total Other Financial Instruments | $(188200)<br>| $(43402)<br>| $— | $(231602)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

14 Elfun Income Fund

------

**Elfun Income Fund**

Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

**Affiliate Table**<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number** <br>**of Shares** <br>**Held at** <br>**12/31/25**<br>| **Value at** <br>**12/31/25**<br>| **Cost of** <br>**Purchases**<br>| **Proceeds** <br>**from** <br>**Shares** <br>**Sold**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Number of** <br>**Shares** <br>**Held at** <br>**3/31/26**<br>| **Value at** <br>**3/31/26**<br>| **Dividend** <br>**Income**<br>|
| &nbsp;&nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund - Class G Shares<br>| 19639795 | $19639795 | $7393919 | $12525395 | $— | $— | 14508319 | $14508319 | $155102 |

---

See Notes to Schedule of Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Elfun Income Fund 15

------

**Elfun Income Fund**

Notes to Schedule of Investments

March 31, 2026 (Unaudited)

**Security Valuation** 

The Fund's investments are valued at fair value each day that the New York Stock Exchange ("NYSE") is open and, for financial reporting purposes, as of the report date should the reporting period end on a day that the NYSE is not open. Fair value is generally defined as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. By its nature, a fair value price is a good faith estimate of the valuation in a current sale and may not reflect an actual market price. The investments of the Fund are valued pursuant to the policy and procedures developed by the Oversight Committee (the "Committee") and approved by the Board of Trustees of the Trust (the "Board"). The Committee provides oversight of the valuation of investments for the Fund. The Board has responsibility for overseeing the determination of the fair value of investments.

Valuation techniques used to value the Fund's investments by major category are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Equity investments traded on a recognized securities exchange for which market quotations are readily available are valued at the last sale price or official closing price, as applicable, on the primary market or exchange on which they trade. Equity investments traded on a recognized exchange for which there were no sales on that day are valued at the last published sale price or at fair value.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Investments in registered investment companies (including money market funds) or other unitized pooled investment vehicles that are not traded on an exchange are valued at that day's published net asset value ("NAV") per share or unit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Fixed income assets are generally valued at the mean of the bid and ask prices for bank loans and inflation protected securities, and at the bid price for all other fixed income assets as provided by independent pricing services or brokers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Exchange-traded futures contracts are valued at the closing settlement price on the primary market on which they are traded most extensively. Exchange-traded futures contracts traded on a recognized exchange for which there were no sales on that day are valued at the last reported sale price obtained from independent pricing services or brokers or at fair value.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Swap agreements are valued daily based upon prices supplied by Board approved pricing vendors or through brokers. Depending on the product and terms of the transaction, the value of agreements is determined using a series of techniques including valuation models that incorporate a number of market data factors, such as discounted cash flows, yields, curves, trades and values of the underlying reference instruments. In the event SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM") is unable to obtain an independent, third-party valuation the agreements will be fair valued.

In the event prices or quotations are not readily available or that the application of these valuation methods results in a price for an investment that is deemed to be not representative of the fair value of such investment, fair value will be determined in good faith by the Committee, in accordance with the valuation policy and procedures approved by the Board.

The Fund values its assets and liabilities at fair value using a fair value hierarchy consisting of three broad levels that prioritize the inputs to valuation techniques giving the highest priority to readily available unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements) when market prices are not readily available or reliable. The categorization of a value determined for an investment within the hierarchy is based upon the pricing transparency of the investment and is not necessarily an indication of the risk associated with investing in it.

The three levels of the fair value hierarchy are as follows:

• Level 1 — Unadjusted quoted prices in active markets for an identical asset or liability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the assets or liabilities either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the asset or liability (such as exchange rates, financing terms, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Level 3 — Unobservable inputs for the asset or liability, including the Committee's assumptions used in determining the fair value of investments.

The value of the Fund's investments according to the fair value hierarchy as of March 31, 2026 is disclosed in the Fund's Schedule of Investments.

**Futures Contracts** 

The Fund may enter into futures contracts to meet the Fund's objectives. A futures contract is a standardized, exchange-traded agreement to buy or sell a financial instrument at a set price on a future date. Upon entering into a futures contract, the Fund is required to deposit with the broker, cash or securities in an amount equal to the minimum initial margin requirements of the clearing house. Securities deposited, if any, are designated on the Schedule of

------

**Elfun Income Fund**

Notes to Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

Investments and cash deposited, if any, is included in Net cash at broker for futures contracts on the Statement of Assets and Liabilities. Subsequent payments are made or received by the Fund equal to the daily change in the contract value, accumulated, exchange rates, and or other transactional fees. The accumulation of those payments are recorded as variation margin receivable or payable with a corresponding offset to unrealized gains or losses. The Fund recognizes a realized gain or loss when the contract is closed.

Losses may arise if the value of a futures contract decreases due to unfavorable changes in the market rates or values of the underlying instrument during the term of the contract or if the counterparty does not perform under the contract. The use of futures contracts also involves the risk that the movements in the price of the futures contracts do not correlate with the movement of the assets underlying such contracts.

For the period ended March 31, 2026, the Fund entered into futures contracts to manage interest rate risk

**Credit Default Swaps** 

During the period ended March 31, 2026, the Fund engaged in credit default swaps to manage credit risk. When the Fund is the buyer in a credit default swap contract, the Fund is entitled to receive the par (or other agreed upon) value (full notional value) of a referenced debt obligation (or basket of debt obligations) from the counterparty (or central clearing party ("CCP") in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Fund pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Fund loses its investment and recovers nothing. However, if a credit event occurs, the Fund receives full notional value for a referenced debt obligation that may have little or no value. When the Fund is the seller of a credit default swap, it receives a fixed rate of income throughout the term of the contract, provided there is no credit event. If a credit event occurs, the Fund is obligated to pay the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Fund is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Fund could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Fund for the same referenced obligation.

As the seller, the Fund may create economic leverage to its portfolio because, in addition to its total net assets, the Fund is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Fund also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments, if any, are amortized over the life of the swap as realized gains or losses. Those upfront payments that are paid or received, typically for non-centrally cleared swaps, are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments, if any, are netted with unrealized appreciation or depreciation on swaps to determine the market value of swaps. The Fund segregates assets in the form of cash or liquid securities in an amount equal to the notional amount of the credit default swaps of which it is the seller. The Fund segregates assets in the form of cash or liquid securities in an amount equal to any unrealized depreciation of the credit default swaps of which it is the buyer, marked to market on a daily basis. Credit default swaps involve greater risks than if the Fund had invested in the referenced debt obligation directly. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund will not earn any return on its investment. If the Fund is a seller of a credit default swap, the Fund's risk of loss may be the entire notional amount of the swap. Swaps may also subject the Fund to the risk that the counterparty to the transaction may not fulfill its obligation. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

**To-Be-Announced Transactions**

The Fund may seek to obtain exposure to U.S. agency mortgage pass-through securities through the use of "to-be-announced" or "TBA transactions." "TBA" refers to a commonly used mechanism for the forward settlement of U.S. agency mortgage pass-through securities. In a TBA transaction, the buyer and seller decide on general trade parameters, such as agency, settlement date, coupon, and price.

The Fund may use TBA transactions to "roll over" such agreements prior to the settlement date. This type of TBA transaction is sometimes known as a "TBA roll." In a TBA roll the Fund generally will sell the obligation to purchase the pools stipulated in the TBA agreement prior to the settlement date and will enter into a new TBA agreement for future delivery of pools of mortgage pass-through securities. The Fund may also enter into TBA agreements and settle such transactions on the stipulated settlement date by accepting actual receipt or delivery of the pools of mortgage pass-through securities.

Default by or bankruptcy of a counterparty to a TBA transaction would expose the Fund to possible loss because of adverse market action, expenses or delays in connection with the purchase or sale of the pools of mortgage pass-through securities specified in the TBA transaction. To minimize this risk, the Fund will enter into TBA transactions only with established counterparties. The Fund's use of "TBA rolls" may impact portfolio turnover, transaction costs and capital gain distributions to shareholders.

------

**Elfun Income Fund**

Notes to Schedule of Investments (Continued)

March 31, 2026 (Unaudited)

**Delayed Delivery and When-Issued Securities** 

During the period ended March 31, 2026, the Fund transacted in securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. The price of the underlying securities and the date when the securities will be delivered and paid for are fixed at the time the transaction is negotiated.

The securities purchased on a delayed delivery or when-issued basis are identified as such in the Fund's Schedule of Investments. The Fund may receive compensation for interest forgone in the purchase of a delayed delivery or when-issued security. With respect to such purchase commitments, the Fund identifies securities as segregated in its records with a value at least equal to the amount of the commitment. Losses may arise due to changes in the value of the underlying securities or if the counterparty does not perform under the contract's terms, or if the issuer does not issue the securities due to political, economic or other factors.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ELFUN INCOME FUND

- **b. Investment Company Act file number:** 811-03715

- **c. CIK number of Registrant:** 0000717854

- **d. LEI of Registrant:** 549300UBGHA85WBP5G57

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

  - **Street Address 1:** One Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02114

  - **Telephone number:** 1-800-242-0134

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

- **a. Name of Series:** ELFUN INCOME FUND

- **b. EDGAR series identifier (if any):** S000011831

- **c. LEI of Series:** 549300UBGHA85WBP5G57

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $127655304.37

**Total Liabilities:** $13489106.69

**Net Assets:** $114166197.68

**Cash Not Reported:** $752444.65

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -116.12000000 | **1-Year:** -2800.15000000 | **5-Year:** -7100.95000000 | **10-Year:** -7046.46000000 | **30-Year:** -4221.34000000

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

- **3-Month:** -8.71000000 | **1-Year:** 1567.17000000 | **5-Year:** 7660.06000000 | **10-Year:** -716.58000000 | **30-Year:** -469.86000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032333 | 0.19%                | 1.72%                | -2.00%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $127798.11               | $-59582.46                                 |
| Month 2  | $94512.93                | $1091232.87                                |
| Month 3  | $1381.34                 | $-2262999.14                               |

**Designated Index Information**

- **Index Name:** Barclays US Aggregate

- **Index Identifier:** LBUSTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AEP TEXAS INC                                    | AEP Texas Inc                                                                                  | CUSIP: 00108WAN0<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     47000 | PA      | $31111.65     | 0.03%             | 2051-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                    | AEP Texas Inc                                                                                  | CUSIP: 00108WAT7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     65000 | PA      | $67080.65     | 0.06%             | 2034-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                          | AEP Transmission Co LLC                                                                        | CUSIP: 00115AAQ2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20788.68     | 0.02%             | 2053-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20846.54     | 0.02%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3384.28      | 0.00%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RDK5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7229.61      | 0.01%             | 2049-03-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RHJ4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24016.80     | 0.02%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RHK1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15821.73     | 0.01%             | 2039-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RJY9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    172000 | PA      | $157208.00    | 0.14%             | 2031-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RKA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     84000 | PA      | $57581.16     | 0.05%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RKB7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20118.90     | 0.02%             | 2060-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     12000 | PA      | $7802.40      | 0.01%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                         | AT&T Inc                                                                                       | CUSIP: 00206RMT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66458.60     | 0.06%             | 2034-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                              | Abbott Laboratories                                                                            | CUSIP: 002824BF6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11976.36     | 0.01%             | 2026-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                              | Abbott Laboratories                                                                            | CUSIP: 002824BH2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     28000 | PA      | $25710.44     | 0.02%             | 2046-11-30      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YAM1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14041.60     | 0.01%             | 2042-11-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2673.63      | 0.00%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YAV1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16063.98     | 0.01%             | 2036-05-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YBD0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1792.74      | 0.00%             | 2048-11-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     37000 | PA      | $35618.42     | 0.03%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     18000 | PA      | $15796.98     | 0.01%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24328.50     | 0.02%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YCZ0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2693.61      | 0.00%             | 2042-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YDU0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    116000 | PA      | $117746.96    | 0.10%             | 2034-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YDW6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19091.40     | 0.02%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                       | AbbVie Inc                                                                                     | CUSIP: 00287YDX4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21916.93     | 0.02%             | 2064-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                               | A&D Mortgage Trust 2025-NQM4                                                                   | CUSIP: 002941AA0<br>LEI: 9845006Y6D399D9E8O78 | Long             | ABS-MBS          | CORP              | US        |    516213 | PA      | $515079.50    | 0.45%             | 2070-10-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                           | Chubb INA Holdings LLC                                                                         | CUSIP: 00440EAW7<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     13000 | PA      | $10941.06     | 0.01%             | 2045-11-03      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                           | Advanced Micro Devices Inc                                                                     | CUSIP: 007903BG1<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |     26000 | PA      | $21508.50     | 0.02%             | 2052-06-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                    | Aircastle Ltd                                                                                  | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |     27000 | PA      | $26967.87     | 0.02%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                               | Alcon Finance Corp                                                                             | CUSIP: 01400EAD5<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |    239000 | PA      | $220890.97    | 0.19%             | 2030-05-27      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                                            | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |      3000 | PA      | $2983.74      | 0.00%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                                            | CUSIP: 015271AV1<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     14000 | PA      | $11338.74     | 0.01%             | 2033-02-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                                            | CUSIP: 015271AY5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     25000 | PA      | $21108.25     | 0.02%             | 2034-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                                          | CUSIP: 01F020646<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1652279 | PA      | $1329790.49   | 1.16%             | 2056-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                                          | CUSIP: 01F022642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5850047 | PA      | $4920275.63   | 4.31%             | 2056-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                                          | CUSIP: 01F030645<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3061199 | PA      | $2691299.02   | 2.36%             | 2056-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                                          | CUSIP: 01F060642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3799537 | PA      | $3871462.24   | 3.39%             | 2056-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                              | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     36000 | PA      | $35950.32     | 0.03%             | 2053-08-15      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                              | CUSIP: 020002BC4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     24000 | PA      | $19016.64     | 0.02%             | 2046-12-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                     | Alphabet Inc                                                                                   | CUSIP: 02079KAK3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21841.82     | 0.02%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                     | Alphabet Inc                                                                                   | CUSIP: 02079KAL1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     57000 | PA      | $56050.95     | 0.05%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                     | Alphabet Inc                                                                                   | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     29000 | PA      | $27367.30     | 0.02%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                     | Alphabet Inc                                                                                   | CUSIP: 02079KAW7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    111000 | PA      | $110207.46    | 0.10%             | 2030-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                 | Altria Group Inc                                                                               | CUSIP: 02209SAM5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1629.28      | 0.00%             | 2042-08-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                 | Altria Group Inc                                                                               | CUSIP: 02209SAQ6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4154.50      | 0.00%             | 2043-05-02      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                 | Altria Group Inc                                                                               | CUSIP: 02209SBJ1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3823.72      | 0.00%             | 2030-05-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                 | Altria Group Inc                                                                               | CUSIP: 02209SBK8<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7033.14      | 0.01%             | 2050-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                 | Altria Group Inc                                                                               | CUSIP: 02209SBM4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     14000 | PA      | $10569.58     | 0.01%             | 2041-02-04      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                 | Altria Group Inc                                                                               | CUSIP: 02209SBP7<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2097.39      | 0.00%             | 2061-02-04      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135BC9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2963.82      | 0.00%             | 2027-08-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135BJ4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3194.40      | 0.00%             | 2047-08-22      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135BM7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1556.66      | 0.00%             | 2057-08-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135BS4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8943.10      | 0.01%             | 2030-06-03      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135BT2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     14000 | PA      | $8148.84      | 0.01%             | 2050-06-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135BU9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |      9000 | PA      | $4904.28      | 0.00%             | 2060-06-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135CA2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18476.75     | 0.02%             | 2041-05-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135CC8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     16000 | PA      | $9897.44      | 0.01%             | 2061-05-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                   | Amazon.com Inc                                                                                 | CUSIP: 023135DD5<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49619.50     | 0.04%             | 2031-03-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                          | American Electric Power Co Inc                                                                 | CUSIP: 025537AN1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12823.72     | 0.01%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                           | American Honda Finance Corp                                                                    | CUSIP: 02665WER8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     90000 | PA      | $93418.20     | 0.08%             | 2030-10-04      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                                            | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |      9000 | PA      | $6459.75      | 0.01%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                                            | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     16000 | PA      | $15029.92     | 0.01%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                                            | CUSIP: 03027XBJ8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     46000 | PA      | $43598.80     | 0.04%             | 2028-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                                    | CUSIP: 03040WAQ8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13748.14     | 0.01%             | 2027-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                                    | CUSIP: 03040WBC8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     64000 | PA      | $60705.28     | 0.05%             | 2054-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPER PA                         | Americold Realty Operating Partnership LP                                                      | CUSIP: 03063UAA9<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              |  | US        |     47000 | PA      | $44733.19     | 0.04%             | 2034-09-12      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162CR9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     32000 | PA      | $24863.36     | 0.02%             | 2040-02-21      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162CU2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4646.60      | 0.00%             | 2030-02-21      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     29000 | PA      | $25089.64     | 0.02%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162DC1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     18000 | PA      | $11583.54     | 0.01%             | 2052-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162DS6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26644.95     | 0.02%             | 2043-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24197.00     | 0.02%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                                      | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22105.30     | 0.02%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2025-10                                                               | CUSIP: 034940AA4<br>LEI: 254900CFOEUA52TRVZ51 | Long             | ABS-MBS          | CORP              | US        |    553815 | PA      | $550685.32    | 0.48%             | 2070-09-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                          | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                                    | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $39922.93     | 0.03%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                          | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                                    | CUSIP: 03522AAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $18032.60     | 0.02%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                         | Anheuser-Busch InBev Worldwide Inc                                                             | CUSIP: 03523TBV9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21325.70     | 0.02%             | 2049-01-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                         | Anheuser-Busch InBev Worldwide Inc                                                             | CUSIP: 035240AV2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21269.82     | 0.02%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                                            | CUSIP: 036752AK9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     11000 | PA      | $7824.30      | 0.01%             | 2049-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                                            | CUSIP: 036752AL7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9474.10      | 0.01%             | 2029-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                                            | CUSIP: 036752AS2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     11000 | PA      | $7631.58      | 0.01%             | 2051-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                                            | CUSIP: 036752AX1<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15058.05     | 0.01%             | 2052-10-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                                            | CUSIP: 036752BA0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20730.16     | 0.02%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                         | Aon Corp / Aon Global Holdings PLC                                                             | CUSIP: 03740LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     29000 | PA      | $17614.89     | 0.02%             | 2051-08-23      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD                         | Apollo Debt Solutions BDC                                                                      | CUSIP: 03770DAB9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |     48000 | PA      | $49116.00     | 0.04%             | 2029-04-13      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                        | Apple Inc                                                                                      | CUSIP: 037833CJ7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3981.96      | 0.00%             | 2027-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                        | Apple Inc                                                                                      | CUSIP: 037833EF3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     41000 | PA      | $24834.93     | 0.02%             | 2051-02-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                        | Apple Inc                                                                                      | CUSIP: 037833EG1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     18000 | PA      | $10263.78     | 0.01%             | 2061-02-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                        | Apple Inc                                                                                      | CUSIP: 037833EW6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     69000 | PA      | $63455.16     | 0.06%             | 2053-05-10      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                            | Applied Materials Inc                                                                          | CUSIP: 038222AM7<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7614.90      | 0.01%             | 2047-04-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                         | Aptiv Swiss Holdings Ltd                                                                       | CUSIP: 03835VAF3<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | JE        |      5000 | PA      | $4021.40      | 0.00%             | 2046-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                         | Aptiv Swiss Holdings Ltd                                                                       | CUSIP: 03837AAA8<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $203746.00    | 0.18%             | 2029-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                 | ArcelorMittal SA                                                                               | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     16000 | PA      | $17662.56     | 0.02%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                 | ArcelorMittal SA                                                                               | CUSIP: 03938LBG8<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     86000 | PA      | $90556.28     | 0.08%             | 2034-06-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                 | ArcelorMittal SA                                                                               | CUSIP: 03938LBH6<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     71000 | PA      | $72422.13     | 0.06%             | 2054-06-17      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                         | Archer-Daniels-Midland Co                                                                      | CUSIP: 039483BL5<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7955.36      | 0.01%             | 2026-08-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                | Ares Capital Corp                                                                              | CUSIP: 04010LBB8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     54000 | PA      | $51082.92     | 0.04%             | 2028-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ASCENSION HEALTH                                 | Ascension Health                                                                               | CUSIP: 04351LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $26698.50     | 0.02%             | 2053-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                                            | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    245000 | PA      | $247065.35    | 0.22%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                  | AstraZeneca PLC                                                                                | CUSIP: 046353AT5<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |      3000 | PA      | $2989.89      | 0.00%             | 2029-01-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                  | AstraZeneca PLC                                                                                | CUSIP: 046353AU2<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |      3000 | PA      | $2553.21      | 0.00%             | 2048-08-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                  | AstraZeneca PLC                                                                                | CUSIP: 046353AZ1<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     22000 | PA      | $14545.30     | 0.01%             | 2051-05-28      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                          | Astrazeneca Finance LLC                                                                        | CUSIP: 04636NAE3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38060.80     | 0.03%             | 2028-05-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                          | Astrazeneca Finance LLC                                                                        | CUSIP: 04636NAN3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34506.94     | 0.03%             | 2034-02-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                               | Athene Holding Ltd                                                                             | CUSIP: 04686JAA9<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11853.72     | 0.01%             | 2028-01-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                               | Athene Holding Ltd                                                                             | CUSIP: 04686JAB7<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26895.44     | 0.02%             | 2030-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                | Atmos Energy Corp                                                                              | CUSIP: 049560BA2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     28000 | PA      | $29664.32     | 0.03%             | 2053-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                   | AutoNation Inc                                                                                 | CUSIP: 05329WAT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $61231.80     | 0.05%             | 2035-03-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                 | BAT Capital Corp                                                                               | CUSIP: 054989AF5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    166000 | PA      | $162424.36    | 0.14%             | 2033-03-22      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                 | BAT Capital Corp                                                                               | CUSIP: 05526DBD6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14539.36     | 0.01%             | 2037-08-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                 | BAT Capital Corp                                                                               | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3238.96      | 0.00%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                 | BAT Capital Corp                                                                               | CUSIP: 05526DBS3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     24000 | PA      | $21920.88     | 0.02%             | 2031-03-25      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                 | BAT Capital Corp                                                                               | CUSIP: 05526DBZ7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     39000 | PA      | $41194.53     | 0.04%             | 2034-02-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                           | BP Capital Markets PLC                                                                         | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |     26000 | PA      | $25643.02     | 0.02%             | 2030-03-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Bank                                             | BANK 2018-BNK15                                                                                | CUSIP: 06036FBC4<br>LEI: 549300664283JRAXM588 | Long             | ABS-MBS          | CORP              | US        |   1001000 | PA      | $998215.35    | 0.87%             | 2061-11-15      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GGA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17754.48     | 0.02%             | 2027-10-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37708.16     | 0.03%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GGM5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16302.60     | 0.01%             | 2038-04-24      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GHA0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     22000 | PA      | $16955.84     | 0.01%             | 2049-01-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13754.02     | 0.01%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GHM4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2987.61      | 0.00%             | 2029-07-23      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GJZ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     57000 | PA      | $54209.28     | 0.05%             | 2029-06-14      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GKB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     41000 | PA      | $25876.33     | 0.02%             | 2052-07-21      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GKL2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     39000 | PA      | $36099.96     | 0.03%             | 2037-03-08      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    107000 | PA      | $108261.53    | 0.09%             | 2034-04-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     94000 | PA      | $98390.74     | 0.09%             | 2034-09-15      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                                           | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    109000 | PA      | $111182.18    | 0.10%             | 2035-01-23      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                               | CUSIP: 064058AF7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18906.90     | 0.02%             | 2026-09-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Bank                                             | BANK 2017-BNK7                                                                                 | CUSIP: 06541XAE0<br>LEI: 549300664283JRAXM588 | Long             | ABS-MBS          | CORP              | US        |   2352542 | PA      | $2313460.24   | 2.03%             | 2060-09-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                                       | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33223.10     | 0.03%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                                       | CUSIP: 071813DD8<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     79000 | PA      | $77912.96     | 0.07%             | 2030-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                                       | CUSIP: 071813DE6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30288.86     | 0.03%             | 2035-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                             | Bayer US Finance LLC                                                                           | CUSIP: 07274EAK9<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210294.00    | 0.18%             | 2030-11-21      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                         | Baylor Scott & White Holdings                                                                  | CUSIP: 072863AJ2<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3141.65      | 0.00%             | 2050-11-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                            | Becton Dickinson & Co                                                                          | CUSIP: 075887BG3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2622.75      | 0.00%             | 2044-12-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                            | Becton Dickinson & Co                                                                          | CUSIP: 075887BW8<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14876.10     | 0.01%             | 2027-06-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                            | Becton Dickinson & Co                                                                          | CUSIP: 075887CS6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65326.95     | 0.06%             | 2034-02-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                         | Berkshire Hathaway Energy Co                                                                   | CUSIP: 084659AV3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23306.40     | 0.02%             | 2030-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                         | Berkshire Hathaway Energy Co                                                                   | CUSIP: 084659AX9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     22000 | PA      | $17136.24     | 0.02%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                           | Berkshire Hathaway Finance Corp                                                                | CUSIP: 084664CR0<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7377.66      | 0.01%             | 2049-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                           | Berkshire Hathaway Finance Corp                                                                | CUSIP: 084664CV1<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     53000 | PA      | $33289.83     | 0.03%             | 2050-10-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                 | Berry Global Inc                                                                               | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26004.42     | 0.02%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BLACKROCK TCP CAP CORP                           | BlackRock TCP Capital Corp                                                                     | CUSIP: 09259EAC2<br>LEI: 549300JU1XG1HF56J989 | Long             | DBT              | CORP              | US        |     99000 | PA      | $97157.61     | 0.09%             | 2029-05-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                              | Block Financial LLC                                                                            | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $3769.32      | 0.00%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                              | Block Financial LLC                                                                            | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $20773.50     | 0.02%             | 2028-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                           | Boardwalk Pipelines LP                                                                         | CUSIP: 096630AG3<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16074.88     | 0.01%             | 2029-05-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                                  | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39429.20     | 0.03%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                                  | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8465.76      | 0.01%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                                  | CUSIP: 097023CQ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     11000 | PA      | $7798.45      | 0.01%             | 2050-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                                  | CUSIP: 097023CU7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    147000 | PA      | $147777.63    | 0.13%             | 2027-05-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                                  | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57918.00     | 0.05%             | 2050-05-01      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                                  | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     33000 | PA      | $33504.24     | 0.03%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                             | Boston Properties LP                                                                           | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     39000 | PA      | $37385.01     | 0.03%             | 2029-06-21      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BOSTON SCIENTIFIC CORP                           | Boston Scientific Corp                                                                         | CUSIP: 101137AU1<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1756.64      | 0.00%             | 2049-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                           | BP Capital Markets America Inc                                                                 | CUSIP: 10373QBG4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     22000 | PA      | $14175.48     | 0.01%             | 2050-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                           | BP Capital Markets America Inc                                                                 | CUSIP: 10373QBQ2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     29000 | PA      | $18738.06     | 0.02%             | 2061-02-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                           | BP Capital Markets America Inc                                                                 | CUSIP: 10373QBU3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38121.98     | 0.03%             | 2033-02-13      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                           | BP Capital Markets America Inc                                                                 | CUSIP: 10373QCA6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    124000 | PA      | $126486.20    | 0.11%             | 2034-11-17      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122CQ9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13346.70     | 0.01%             | 2039-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122CR7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12040.65     | 0.01%             | 2049-10-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122DK1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1647.60      | 0.00%             | 2047-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122DL9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1690.80      | 0.00%             | 2048-02-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122DQ8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     18000 | PA      | $15835.14     | 0.01%             | 2030-11-13      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122DR6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6977.70      | 0.01%             | 2040-11-13      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122DV7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     13000 | PA      | $10265.97     | 0.01%             | 2042-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                          | Bristol-Myers Squibb Co                                                                        | CUSIP: 110122EH7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     68000 | PA      | $69663.96     | 0.06%             | 2034-02-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                               | CUSIP: 11120VAE3<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |      4000 | PA      | $3978.00      | 0.00%             | 2027-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                               | CUSIP: 11120VAK9<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     33000 | PA      | $31669.11     | 0.03%             | 2028-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                                   | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13785.94     | 0.01%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                                   | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18500.30     | 0.02%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                                   | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10195.80     | 0.01%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                                   | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15508.48     | 0.01%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                                   | CUSIP: 11135FCU3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     82000 | PA      | $75004.58     | 0.07%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| BROWN-FORMAN CORP                                | Brown-Forman Corp                                                                              | CUSIP: 115637AT7<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1756.66      | 0.00%             | 2038-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                         | Burlington Northern Santa Fe LLC                                                               | CUSIP: 12189LAU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $20924.64     | 0.02%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                         | Burlington Northern Santa Fe LLC                                                               | CUSIP: 12189LBD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17000 | PA      | $13621.25     | 0.01%             | 2048-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                 | Paramount Global                                                                               | CUSIP: 124857AX1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4838.15      | 0.00%             | 2028-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                | CBRE Services Inc                                                                              | CUSIP: 12505BAL4<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    145000 | PA      | $143215.05    | 0.13%             | 2033-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                     | CD 2019-CD8 Mortgage Trust                                                                     | CUSIP: 12515BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    839000 | PA      | $789891.79    | 0.69%             | 2057-08-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| Cantor Commercial Real Estate Lending            | Cantor Commercial Real Estate Lending 2019-CF3                                                 | CUSIP: 12529TAX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $433027.60    | 0.38%             | 2053-01-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| CGI INC                                          | CGI Inc                                                                                        | CUSIP: 12532HAM6<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    149000 | PA      | $149587.06    | 0.13%             | 2030-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                  | Cigna Group/The                                                                                | CUSIP: 125523AH3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2998.47      | 0.00%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                  | Cigna Group/The                                                                                | CUSIP: 125523CK4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |      4000 | PA      | $2734.56      | 0.00%             | 2050-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                  | Cigna Group/The                                                                                | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12934.46     | 0.01%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                    | CME Group Inc                                                                                  | CUSIP: 12572QAK1<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15405.57     | 0.01%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                  | CMS Energy Corp                                                                                | CUSIP: 125896BN9<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30774.80     | 0.03%             | 2044-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                              | COMM 2012-CCRE3 Mortgage Trust                                                                 | CUSIP: 12624PAL9<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |    180626 | PA      | $173675.75    | 0.15%             | 2045-10-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                         | CSX Corp                                                                                       | CUSIP: 126408HA4<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     13000 | PA      | $10715.64     | 0.01%             | 2054-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                         | CSX Corp                                                                                       | CUSIP: 126408HP1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     17000 | PA      | $14193.98     | 0.01%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                  | CSL Finance PLC                                                                                | CUSIP: 12661PAC3<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     39000 | PA      | $37761.36     | 0.03%             | 2032-04-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                  | CSL Finance PLC                                                                                | CUSIP: 12661PAG4<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     12000 | PA      | $12068.16     | 0.01%             | 2034-04-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                  | CSL Finance PLC                                                                                | CUSIP: 12661PAH2<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |      4000 | PA      | $3724.52      | 0.00%             | 2054-04-03      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650CD0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     23000 | PA      | $20894.35     | 0.02%             | 2043-12-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11436.36     | 0.01%             | 2045-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1993.28      | 0.00%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9211.50      | 0.01%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21886.92     | 0.02%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650DH0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18839.26     | 0.02%             | 2027-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13534.22     | 0.01%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650DY3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     96000 | PA      | $96799.68     | 0.08%             | 2033-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650DZ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4733.20      | 0.00%             | 2053-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650EA4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3787.36      | 0.00%             | 2063-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650EF3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16489.66     | 0.01%             | 2054-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47441.33     | 0.04%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                  | CVS Health Corp                                                                                | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     42000 | PA      | $43224.72     | 0.04%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                               | Coterra Energy Inc                                                                             | CUSIP: 127097AL7<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    104000 | PA      | $106423.20    | 0.09%             | 2034-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                               | Coterra Energy Inc                                                                             | CUSIP: 127097AN3<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     53000 | PA      | $50544.51     | 0.04%             | 2055-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| State of California                              | CALIFORNIA ST                                                                                  | CUSIP: 13063DGE2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202329.44    | 0.18%             | 2038-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CAMPBELLS COMPANY/THE                            | Campbell's Company/The                                                                         | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    102000 | PA      | $98880.84     | 0.09%             | 2034-03-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                          | Canadian Natural Resources Ltd                                                                 | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     11000 | PA      | $10936.42     | 0.01%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                          | Canadian Natural Resources Ltd                                                                 | CUSIP: 136385AY7<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |      9000 | PA      | $7847.01      | 0.01%             | 2047-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                         | Canadian Pacific Railway Co                                                                    | CUSIP: 13645RBE3<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     41000 | PA      | $40342.77     | 0.04%             | 2026-12-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                         | Canadian Pacific Railway Co                                                                    | CUSIP: 13645RBH6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     12000 | PA      | $7852.20      | 0.01%             | 2051-12-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                         | Canadian Pacific Railway Co                                                                    | CUSIP: 13648TAG2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     14000 | PA      | $9896.74      | 0.01%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                         | Capital One Financial Corp                                                                     | CUSIP: 14040HBK0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33909.90     | 0.03%             | 2026-07-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                 | Carlisle Cos Inc                                                                               | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     37000 | PA      | $31884.38     | 0.03%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                 | Carlisle Cos Inc                                                                               | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24726.75     | 0.02%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                 | Carlisle Cos Inc                                                                               | CUSIP: 142339AN0<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14003.92     | 0.01%             | 2035-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                                            | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16820.64     | 0.01%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                                            | CUSIP: 14448CAS3<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10721.85     | 0.01%             | 2050-04-05      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                                            | CUSIP: 14448CBC7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47496.15     | 0.04%             | 2034-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                                   | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    303000 | PA      | $282144.51    | 0.25%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                               | Cenovus Energy Inc                                                                             | CUSIP: 15135UAW9<br>LEI: 254900LJGL2N2XEMD470 | Long             | DBT              | CORP              | CA        |     16000 | PA      | $14233.92     | 0.01%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                               | Cenovus Energy Inc                                                                             | CUSIP: 15135UAX7<br>LEI: 254900LJGL2N2XEMD470 | Long             | DBT              | CORP              | CA        |     22000 | PA      | $15381.08     | 0.01%             | 2052-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                         | Charter Communications Operating LLC / Charter Communications Operating Capital                | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $29666.80     | 0.03%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                         | Charter Communications Operating LLC / Charter Communications Operating Capital                | CUSIP: 161175BV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     89000 | PA      | $55163.09     | 0.05%             | 2051-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                         | Charter Communications Operating LLC / Charter Communications Operating Capital                | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $18222.88     | 0.02%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                         | Charter Communications Operating LLC / Charter Communications Operating Capital                | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    167000 | PA      | $173270.85    | 0.15%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Chase Funding Mortgage Loan Asset-Backed CTFS    | Chase Funding Trust Series 2004-1                                                              | CUSIP: 161546HU3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     22576 | PA      | $22386.68     | 0.02%             | 2033-11-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                              | Cheniere Energy Inc                                                                            | CUSIP: 16411RAN9<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61821.00     | 0.05%             | 2034-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                  | Chevron USA Inc                                                                                | CUSIP: 166756AR7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29898.00     | 0.03%             | 2028-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                     | Chevron Corp                                                                                   | CUSIP: 166764BY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4617.00      | 0.00%             | 2030-05-11      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                           | Church & Dwight Co Inc                                                                         | CUSIP: 17136MAA0<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     86000 | PA      | $76232.98     | 0.07%             | 2031-12-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                              | CUSIP: 17275RAD4<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8449.92      | 0.01%             | 2039-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                              | CUSIP: 17275RBU5<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45971.31     | 0.04%             | 2054-02-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                              | CUSIP: 17275RBV3<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45241.21     | 0.04%             | 2064-02-26      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust              | Citigroup Commercial Mortgage Trust 2016-P6                                                    | CUSIP: 17291EAY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    336823 | PA      | $323489.31    | 0.28%             | 2049-12-10      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                    | Citigroup Inc                                                                                  | CUSIP: 172967MD0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     39000 | PA      | $33021.30     | 0.03%             | 2048-07-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                    | Citigroup Inc                                                                                  | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13216.84     | 0.01%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                         | Cleveland Electric Illuminating Co/The                                                         | CUSIP: 186108CL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     54000 | PA      | $53251.56     | 0.05%             | 2030-11-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                   | Clorox Co/The                                                                                  | CUSIP: 189054AX7<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19677.24     | 0.02%             | 2030-05-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                     | Tapestry Inc                                                                                   | CUSIP: 189754AC8<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2985.90      | 0.00%             | 2027-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                               | CUSIP: 191216CX6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     18000 | PA      | $10912.68     | 0.01%             | 2050-06-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                               | CUSIP: 191216CY4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     12000 | PA      | $6861.00      | 0.01%             | 2060-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NBT7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     17000 | PA      | $14252.29     | 0.01%             | 2036-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NCC3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14725.80     | 0.01%             | 2047-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NCY5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     22000 | PA      | $16938.68     | 0.01%             | 2039-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NDQ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     14000 | PA      | $6896.54      | 0.01%             | 2062-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     19000 | PA      | $10548.80     | 0.01%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NDW8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     14000 | PA      | $7425.04      | 0.01%             | 2063-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NEK3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     56000 | PA      | $51659.44     | 0.05%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                                   | CUSIP: 20030NES6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14611.35     | 0.01%             | 2037-01-15      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                               | Conagra Brands Inc                                                                             | CUSIP: 205887CD2<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2791.35      | 0.00%             | 2038-11-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                           | ConocoPhillips Co                                                                              | CUSIP: 20826FBG0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33534.90     | 0.03%             | 2054-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                           | ConocoPhillips Co                                                                              | CUSIP: 20826FBH8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33689.95     | 0.03%             | 2063-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                          | Consolidated Edison Co of New York Inc                                                         | CUSIP: 209111FL2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      9000 | PA      | $6865.20      | 0.01%             | 2047-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                          | Consolidated Edison Co of New York Inc                                                         | CUSIP: 209111FX6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6715.17      | 0.01%             | 2030-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                         | Constellation Brands Inc                                                                       | CUSIP: 21036PAT5<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12218.70     | 0.01%             | 2047-05-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                         | Constellation Brands Inc                                                                       | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37311.69     | 0.03%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                         | Constellation Energy Generation LLC                                                            | CUSIP: 210385AE0<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     22000 | PA      | $23379.40     | 0.02%             | 2053-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                            | Continental Resources Inc/OK                                                                   | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     27000 | PA      | $23585.58     | 0.02%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                         | Corebridge Financial Inc                                                                       | CUSIP: 21871XAH2<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     77000 | PA      | $72222.92     | 0.06%             | 2032-04-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROP LP                             | COPT Defense Properties LP                                                                     | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     64000 | PA      | $57832.96     | 0.05%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROP LP                             | COPT Defense Properties LP                                                                     | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     28000 | PA      | $26139.68     | 0.02%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                             | Cross 2025-H7 Mortgage Trust                                                                   | CUSIP: 22757JAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    749863 | PA      | $744766.32    | 0.65%             | 2070-09-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                         | Crowdstrike Holdings Inc                                                                       | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    600000 | PA      | $570912.00    | 0.50%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                                      | CUSIP: 23291KAH8<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     16000 | PA      | $15072.00     | 0.01%             | 2029-11-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                                      | CUSIP: 23291KAJ4<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |      9000 | PA      | $7224.57      | 0.01%             | 2039-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                                      | CUSIP: 23291KAK1<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |      2000 | PA      | $1402.44      | 0.00%             | 2049-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                  | DR Horton Inc                                                                                  | CUSIP: 23331ABU2<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39579.54     | 0.03%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                    | DTE Energy Co                                                                                  | CUSIP: 233331AY3<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10914.64     | 0.01%             | 2026-10-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                           | Daimler Truck Finance North America LLC                                                        | CUSIP: 233853AH3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    155000 | PA      | $136434.10    | 0.12%             | 2031-12-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                 | Deutsche Bank AG/New York NY                                                                   | CUSIP: 251526CP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    320000 | PA      | $315609.60    | 0.28%             | 2027-11-16      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                 | Deutsche Bank AG/New York NY                                                                   | CUSIP: 251526CU1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    180000 | PA      | $188978.40    | 0.17%             | 2029-11-20      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM AG                              | Deutsche Telekom AG                                                                            | CUSIP: 251566AA3<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | DBT              | CORP              | DE        |    191000 | PA      | $134838.36    | 0.12%             | 2050-01-21      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                           | Diamondback Energy Inc                                                                         | CUSIP: 25278XAQ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7178.58      | 0.01%             | 2051-03-24      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                           | Diamondback Energy Inc                                                                         | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20414.68     | 0.02%             | 2031-03-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                           | Diamondback Energy Inc                                                                         | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     82000 | PA      | $83289.86     | 0.07%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                           | Diamondback Energy Inc                                                                         | CUSIP: 25278XBA6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28408.50     | 0.02%             | 2054-04-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                            | Dick's Sporting Goods Inc                                                                      | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    111000 | PA      | $78559.14     | 0.07%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                          | Digital Realty Trust LP                                                                        | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     27000 | PA      | $26227.80     | 0.02%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                          | Walt Disney Co/The                                                                             | CUSIP: 254687DK9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2986.71      | 0.00%             | 2026-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                          | Walt Disney Co/The                                                                             | CUSIP: 254687EH5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     18000 | PA      | $20253.96     | 0.02%             | 2037-11-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                          | Walt Disney Co/The                                                                             | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     28000 | PA      | $25985.40     | 0.02%             | 2031-01-13      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                                   | CUSIP: 25470DBS7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11756.52     | 0.01%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                              | Dollar General Corp                                                                            | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8573.04      | 0.01%             | 2030-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                              | Dollar General Corp                                                                            | CUSIP: 256677AH8<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11294.40     | 0.01%             | 2050-04-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                              | Dominion Energy Inc                                                                            | CUSIP: 25746UDG1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30583.36     | 0.03%             | 2030-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DOVER CORP                                       | Dover Corp                                                                                     | CUSIP: 260003AP3<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15179.36     | 0.01%             | 2029-11-04      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                              | Dow Chemical Co/The                                                                            | CUSIP: 260543CR2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |      8000 | PA      | $6887.36      | 0.01%             | 2048-11-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                              | Dow Chemical Co/The                                                                            | CUSIP: 260543DC4<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10551.36     | 0.01%             | 2030-11-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                              | Dow Chemical Co/The                                                                            | CUSIP: 260543DD2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     14000 | PA      | $8987.58      | 0.01%             | 2050-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                              | Dow Chemical Co/The                                                                            | CUSIP: 260543DG5<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31448.70     | 0.03%             | 2033-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                              | Dow Chemical Co/The                                                                            | CUSIP: 260543DJ9<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30211.67     | 0.03%             | 2034-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| DUPONT DE NEMOURS INC                            | DuPont de Nemours Inc                                                                          | CUSIP: 26078JAF7<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |      1000 | PA      | $922.96       | 0.00%             | 2048-11-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                 | Duke Energy Corp                                                                               | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     61000 | PA      | $45076.56     | 0.04%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                 | Duke Energy Corp                                                                               | CUSIP: 26441CBL8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     47000 | PA      | $42269.92     | 0.04%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                 | Duke Energy Corp                                                                               | CUSIP: 26441CBM6<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     43000 | PA      | $32273.22     | 0.03%             | 2041-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                 | Duke Energy Corp                                                                               | CUSIP: 26441CBN4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     38000 | PA      | $25437.96     | 0.02%             | 2051-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                            | Duke Energy Carolinas LLC                                                                      | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7685.70      | 0.01%             | 2048-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                         | Duke Energy Progress LLC                                                                       | CUSIP: 26442RAD3<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     14000 | PA      | $11365.34     | 0.01%             | 2044-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS                          | Duquesne Light Holdings Inc                                                                    | CUSIP: 266233AG0<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26668.17     | 0.02%             | 2027-08-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES INC                                | EOG Resources Inc                                                                              | CUSIP: 26875PAQ4<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2962.86      | 0.00%             | 2036-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                 | ERP Operating LP                                                                               | CUSIP: 26884ABB8<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |      9000 | PA      | $7780.95      | 0.01%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                               | Eastern Energy Gas Holdings LLC                                                                | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |     39000 | PA      | $36679.11     | 0.03%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL CO                              | Eastman Chemical Co                                                                            | CUSIP: 277432AP5<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |     18000 | PA      | $15083.28     | 0.01%             | 2044-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                       | Eaton Corp                                                                                     | CUSIP: 278062AG9<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5915.22      | 0.01%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                              | Electronic Arts Inc                                                                            | CUSIP: 285512AE9<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20245.28     | 0.02%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                                            | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7026.16      | 0.01%             | 2053-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                              | Emerson Electric Co                                                                            | CUSIP: 291011BL7<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11602.32     | 0.01%             | 2027-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                              | Emerson Electric Co                                                                            | CUSIP: 291011BM5<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     13000 | PA      | $8008.65      | 0.01%             | 2050-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                     | Enbridge Inc                                                                                   | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     41000 | PA      | $40945.47     | 0.04%             | 2080-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                     | Enbridge Inc                                                                                   | CUSIP: 29250NBH7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     73000 | PA      | $72015.96     | 0.06%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15612.15     | 0.01%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273RBL2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     18000 | PA      | $15887.52     | 0.01%             | 2047-04-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273VAQ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46798.65     | 0.04%             | 2033-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273VAS9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     63000 | PA      | $65489.76     | 0.06%             | 2028-12-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273VAT7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     26000 | PA      | $27785.16     | 0.02%             | 2030-12-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15017.92     | 0.01%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 29273VAZ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    227000 | PA      | $231991.73    | 0.20%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                         | Enterprise Products Operating LLC                                                              | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6937.70      | 0.01%             | 2077-08-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                         | Enterprise Products Operating LLC                                                              | CUSIP: 29379VBQ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     29000 | PA      | $23363.85     | 0.02%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                         | Enterprise Products Operating LLC                                                              | CUSIP: 29379VCF8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    192000 | PA      | $191667.84    | 0.17%             | 2034-01-31      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                                    | CUSIP: 29444UBH8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     27000 | PA      | $24269.49     | 0.02%             | 2030-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                         | Everest Reinsurance Holdings Inc                                                               | CUSIP: 299808AJ4<br>LEI: 254900P29PM5UJR3VU91 | Long             | DBT              | CORP              | US        |      9000 | PA      | $5426.37      | 0.00%             | 2052-10-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                      | Exelon Corp                                                                                    | CUSIP: 30161NAV3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     22000 | PA      | $18029.66     | 0.02%             | 2046-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                      | Exelon Corp                                                                                    | CUSIP: 30161NAX9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31359.04     | 0.03%             | 2030-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                      | Exelon Corp                                                                                    | CUSIP: 30161NAY7<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     22000 | PA      | $18238.22     | 0.02%             | 2050-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                      | Exelon Corp                                                                                    | CUSIP: 30161NBL4<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56622.00     | 0.05%             | 2053-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                | Expedia Group Inc                                                                              | CUSIP: 30212PBL8<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45629.70     | 0.04%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                           | Extra Space Storage LP                                                                         | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     14000 | PA      | $13725.32     | 0.01%             | 2029-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                           | Extra Space Storage LP                                                                         | CUSIP: 30225VAP2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     22000 | PA      | $19696.38     | 0.02%             | 2030-10-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                           | Extra Space Storage LP                                                                         | CUSIP: 30225VAR8<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     64000 | PA      | $66844.16     | 0.06%             | 2031-01-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                          | Exxon Mobil Corp                                                                               | CUSIP: 30231GBM3<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14241.80     | 0.01%             | 2051-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                               | Meta Platforms Inc                                                                             | CUSIP: 30303M8H8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     69000 | PA      | $65814.96     | 0.06%             | 2032-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                               | Meta Platforms Inc                                                                             | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     38000 | PA      | $29861.16     | 0.03%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                               | Meta Platforms Inc                                                                             | CUSIP: 30303MAB8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26721.63     | 0.02%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                               | Meta Platforms Inc                                                                             | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26719.74     | 0.02%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31287LER9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2074 | PA      | $2148.22      | 0.00%             | 2031-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128K6LA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3291 | PA      | $3350.23      | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128KC6G7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2981 | PA      | $3206.48      | 0.00%             | 2036-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128KEBL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2795 | PA      | $3005.92      | 0.00%             | 2036-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128KGSE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       903 | PA      | $947.62       | 0.00%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128L0G89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25999 | PA      | $27385.16     | 0.02%             | 2037-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128M54K3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28648 | PA      | $30175.32     | 0.03%             | 2037-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3128M5YJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33724 | PA      | $34936.80     | 0.03%             | 2038-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31292JZV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5450 | PA      | $5863.03      | 0.01%             | 2036-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 312932LG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     13296 | PA      | $13802.92     | 0.01%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31293YAZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       471 | PA      | $481.86       | 0.00%             | 2029-11-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31294BVQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1273 | PA      | $1305.63      | 0.00%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296JPF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5484 | PA      | $5683.15      | 0.00%             | 2033-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296JWA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       323 | PA      | $325.55       | 0.00%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296MJA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2468 | PA      | $2557.52      | 0.00%             | 2033-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296NK55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1695 | PA      | $1745.04      | 0.00%             | 2033-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296PJS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7775 | PA      | $8057.98      | 0.01%             | 2033-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296PM74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2097 | PA      | $2173.38      | 0.00%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296PM82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2577 | PA      | $2670.75      | 0.00%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296PM90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       407 | PA      | $421.81       | 0.00%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296R5P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1334 | PA      | $1383.03      | 0.00%             | 2034-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296SDA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       591 | PA      | $593.32       | 0.00%             | 2030-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296UZJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1081 | PA      | $1124.57      | 0.00%             | 2034-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296WPN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2028 | PA      | $2101.75      | 0.00%             | 2034-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31296WZF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3684 | PA      | $3833.14      | 0.00%             | 2034-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297CGN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2725 | PA      | $2908.72      | 0.00%             | 2034-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297CX21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       545 | PA      | $564.77       | 0.00%             | 2034-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297FAY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1327 | PA      | $1416.15      | 0.00%             | 2034-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297H3Y3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1516 | PA      | $1523.67      | 0.00%             | 2035-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297KTZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       905 | PA      | $942.07       | 0.00%             | 2034-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297KY30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       693 | PA      | $739.81       | 0.00%             | 2034-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297KYT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1518 | PA      | $1579.54      | 0.00%             | 2034-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297M2R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6700 | PA      | $7004.98      | 0.01%             | 2035-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297MW20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       515 | PA      | $538.60       | 0.00%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297NED4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2884 | PA      | $3015.26      | 0.00%             | 2035-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297NHP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2193 | PA      | $2292.59      | 0.00%             | 2035-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297NNU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2425 | PA      | $2588.78      | 0.00%             | 2034-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297NPQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       105 | PA      | $109.30       | 0.00%             | 2034-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297PE49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1937 | PA      | $2025.46      | 0.00%             | 2035-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297PQ46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       646 | PA      | $689.58       | 0.00%             | 2035-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297QPT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1976 | PA      | $2066.36      | 0.00%             | 2035-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297RLM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6266 | PA      | $6378.49      | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297RN86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12328 | PA      | $12548.14     | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297RPA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2456 | PA      | $2500.28      | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31297RQX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6903 | PA      | $7026.67      | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 31298PBY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1046 | PA      | $1071.48      | 0.00%             | 2030-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                                          | CUSIP: 3132L5A29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1170129 | PA      | $1075087.00   | 0.94%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                               | CUSIP: 3133KGXM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2125520 | PA      | $1903132.10   | 1.67%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                 | Freddie Mac Strips                                                                             | CUSIP: 31351BFA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        38 | PA      | $37.21        | 0.00%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                              | CUSIP: 3136A14B8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1086356 | PA      | $118085.84    | 0.10%             | 2041-11-25      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FCBD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3044 | PA      | $431.32       | 0.00%             | 2033-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FCMA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9356 | PA      | $7633.09      | 0.01%             | 2034-12-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FCQM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5739 | PA      | $864.33       | 0.00%             | 2035-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FCQR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6210 | PA      | $924.08       | 0.00%             | 2035-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FCVS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8405 | PA      | $894.23       | 0.00%             | 2035-08-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FEMC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7829 | PA      | $1019.50      | 0.00%             | 2036-01-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FEY55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4625 | PA      | $767.28       | 0.00%             | 2038-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                  | Fannie Mae Interest Strip                                                                      | CUSIP: 3136FEY63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6411 | PA      | $887.92       | 0.00%             | 2038-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31371HQV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       860 | PA      | $882.68       | 0.00%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31371JFW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1066 | PA      | $1081.25      | 0.00%             | 2030-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31371KHA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       164 | PA      | $164.95       | 0.00%             | 2031-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31371LJF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1019 | PA      | $1083.84      | 0.00%             | 2033-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31374CK96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6445 | PA      | $6667.46      | 0.01%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31374TVZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       128 | PA      | $131.44       | 0.00%             | 2029-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31376LF66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        13 | PA      | $12.82        | 0.00%             | 2026-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31379WKY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       197 | PA      | $199.30       | 0.00%             | 2028-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                   | CUSIP: 3137FJXV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $299343.69    | 0.26%             | 2028-09-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                   | CUSIP: 3137FNX54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    745000 | PA      | $708593.94    | 0.62%             | 2029-07-25      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31380PS42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        67 | PA      | $66.87        | 0.00%             | 2029-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31381FXY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       230 | PA      | $231.70       | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31382QNZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       104 | PA      | $103.85       | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31382SYH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        43 | PA      | $42.71        | 0.00%             | 2029-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31382YRF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       161 | PA      | $161.17       | 0.00%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31383CX67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        15 | PA      | $15.24        | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31383JZQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       520 | PA      | $523.79       | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31384VVZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       359 | PA      | $377.84       | 0.00%             | 2030-04-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31386ACZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       117 | PA      | $118.33       | 0.00%             | 2030-09-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31388EDT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1594 | PA      | $1654.24      | 0.00%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31388LP61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       308 | PA      | $311.44       | 0.00%             | 2031-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31388NJE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       987 | PA      | $1005.36      | 0.00%             | 2031-11-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31388PE64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2629 | PA      | $2643.78      | 0.00%             | 2031-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31389R7K6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       580 | PA      | $609.03       | 0.00%             | 2031-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3138A4XY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112941 | PA      | $110324.26    | 0.10%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3138A9CW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150843 | PA      | $146844.21    | 0.13%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3138EPG99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    205587 | PA      | $213701.00    | 0.19%             | 2041-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3138WLBN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2409900 | PA      | $2251372.04   | 1.97%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31390FA41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       127 | PA      | $133.26       | 0.00%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31390L6T8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       219 | PA      | $229.57       | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31390RXV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1160 | PA      | $1232.40      | 0.00%             | 2032-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31391PAU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1435 | PA      | $1485.62      | 0.00%             | 2032-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31391PBD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       560 | PA      | $586.62       | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31391VJH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1537 | PA      | $1584.11      | 0.00%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31391WW72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7957 | PA      | $8146.89      | 0.01%             | 2032-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                                             | CUSIP: 31393RTL4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7557 | PA      | $898.85       | 0.00%             | 2033-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                              | CUSIP: 31393TFP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79289 | PA      | $1954.80      | 0.00%             | 2042-12-25      | Variable      | 1.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                               | CUSIP: 31394JY68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    397457 | PA      | $1136.89      | 0.00%             | 2043-09-25      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                              | CUSIP: 31397L3N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10702 | PA      | $847.34       | 0.00%             | 2038-07-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                              | CUSIP: 31398MUG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3073 | PA      | $163.80       | 0.00%             | 2040-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                                              | CUSIP: 31398NDD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6918 | PA      | $686.81       | 0.00%             | 2040-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31400C2K9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5142 | PA      | $5264.52      | 0.00%             | 2033-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31400GT96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1420 | PA      | $1486.32      | 0.00%             | 2032-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31400SE39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1128 | PA      | $1184.78      | 0.00%             | 2033-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31400YY42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       694 | PA      | $717.91       | 0.00%             | 2033-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31401HAC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1515 | PA      | $1563.93      | 0.00%             | 2033-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31401JLB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1327 | PA      | $1373.82      | 0.00%             | 2033-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31401KTV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4099 | PA      | $4243.12      | 0.00%             | 2033-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402A6G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3741 | PA      | $3871.80      | 0.00%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402CVV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57953 | PA      | $59999.46     | 0.05%             | 2034-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402D4P2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5455 | PA      | $5483.71      | 0.00%             | 2033-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402ES74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4129 | PA      | $4273.40      | 0.00%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402ESC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7140 | PA      | $7390.52      | 0.01%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402ESH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       596 | PA      | $616.91       | 0.00%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402JR74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       670 | PA      | $673.84       | 0.00%             | 2033-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402N2E7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3077 | PA      | $3159.90      | 0.00%             | 2033-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402N2G2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2525 | PA      | $2613.30      | 0.00%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31402WPB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2330 | PA      | $2412.10      | 0.00%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31403ALU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3747 | PA      | $3878.28      | 0.00%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31403CM32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        92 | PA      | $95.68        | 0.00%             | 2033-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31403RUC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2427 | PA      | $2511.71      | 0.00%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31403YB69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5746 | PA      | $5947.00      | 0.01%             | 2033-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31403YT60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3762 | PA      | $3893.96      | 0.00%             | 2034-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31404HRX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2675 | PA      | $2809.23      | 0.00%             | 2034-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31404KLJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2390 | PA      | $2483.78      | 0.00%             | 2034-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31404PEV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       755 | PA      | $792.92       | 0.00%             | 2033-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31404QKG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5802 | PA      | $6030.30      | 0.01%             | 2034-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31404RTU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3389 | PA      | $3447.47      | 0.00%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31405HF78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1803 | PA      | $1900.56      | 0.00%             | 2034-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31405HTF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3694 | PA      | $3894.30      | 0.00%             | 2034-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31405KHN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       227 | PA      | $231.20       | 0.00%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31405KLK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1410 | PA      | $1466.07      | 0.00%             | 2034-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31405QG69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       650 | PA      | $675.82       | 0.00%             | 2035-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406D2E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1764 | PA      | $1833.90      | 0.00%             | 2034-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406D5L6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1155 | PA      | $1200.50      | 0.00%             | 2034-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406FGM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3672 | PA      | $3816.77      | 0.00%             | 2034-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406JDD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2143 | PA      | $2227.14      | 0.00%             | 2034-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406KL40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1393 | PA      | $1455.25      | 0.00%             | 2035-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406MUE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2230 | PA      | $2317.79      | 0.00%             | 2035-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406Q5R4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5733 | PA      | $5930.76      | 0.01%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406RCP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       713 | PA      | $737.83       | 0.00%             | 2035-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406ST37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4723 | PA      | $4909.24      | 0.00%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406SUT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3652 | PA      | $3796.22      | 0.00%             | 2035-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406UAQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2369 | PA      | $2474.76      | 0.00%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406V3P9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2660 | PA      | $2777.89      | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406V5R3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5937 | PA      | $6200.33      | 0.01%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406VV52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2126 | PA      | $2220.06      | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406VXG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2973 | PA      | $3104.29      | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406VXH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5310 | PA      | $5545.61      | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406WAE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7103 | PA      | $7220.56      | 0.01%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406WB94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5987 | PA      | $6085.95      | 0.01%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406XUA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4707 | PA      | $4916.14      | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31406XUN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       278 | PA      | $290.58       | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407AEG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1533 | PA      | $1586.24      | 0.00%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407BXH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1033 | PA      | $1050.52      | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407CFF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1276 | PA      | $1297.07      | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407CRL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       979 | PA      | $995.05       | 0.00%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407D3Y9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3310 | PA      | $3365.30      | 0.00%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407D4C6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2836 | PA      | $2883.11      | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407EBZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1415 | PA      | $1463.19      | 0.00%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407GVZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5152 | PA      | $5329.67      | 0.00%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407JRT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2239 | PA      | $2275.96      | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31407LXC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2211 | PA      | $2308.86      | 0.00%             | 2035-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3140E0VP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17981 | PA      | $16808.34     | 0.01%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3140GYGZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    129222 | PA      | $120237.74    | 0.11%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3140JLKL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    501822 | PA      | $494404.39    | 0.43%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3140X5VH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    763710 | PA      | $731370.74    | 0.64%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3140X6P47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    338865 | PA      | $324092.92    | 0.28%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 3140XAQS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2601200 | PA      | $2188883.20   | 1.92%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31410D6W5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1078 | PA      | $1144.69      | 0.00%             | 2036-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31410G6J7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23035 | PA      | $23859.24     | 0.02%             | 2038-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31410G6K4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11525 | PA      | $11923.17     | 0.01%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31410KPP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17567 | PA      | $18172.86     | 0.02%             | 2037-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31411UL74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       433 | PA      | $440.70       | 0.00%             | 2037-04-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31411WU96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5418 | PA      | $5606.30      | 0.00%             | 2037-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31412PHY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5146 | PA      | $5233.79      | 0.00%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31412PLU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11372 | PA      | $11565.52     | 0.01%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31412PLX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5141 | PA      | $5227.91      | 0.00%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31412PLZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6266 | PA      | $6371.90      | 0.01%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31416BLC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9547 | PA      | $9876.84      | 0.01%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31416BLD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42309 | PA      | $43769.27     | 0.04%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31416PWE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9349 | PA      | $9507.48      | 0.01%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31416Q6R1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2128 | PA      | $2164.53      | 0.00%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31417SAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    140561 | PA      | $140343.41    | 0.12%             | 2039-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31418MK76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29087 | PA      | $30106.43     | 0.03%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                                | CUSIP: 31418NXX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38283 | PA      | $38223.84     | 0.03%             | 2040-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                       | FedEx Corp                                                                                     | CUSIP: 31428XDQ6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     39000 | PA      | $30653.61     | 0.03%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                          | Fidelity National Financial Inc                                                                | CUSIP: 31620RAL9<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |     29000 | PA      | $17732.63     | 0.02%             | 2051-09-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                         | FirstEnergy Transmission LLC                                                                   | CUSIP: 33767BAC3<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     38000 | PA      | $31518.72     | 0.03%             | 2049-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                                     | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4790.35      | 0.00%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                                     | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3777.30      | 0.00%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                 | FirstEnergy Corp                                                                               | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     29000 | PA      | $19375.19     | 0.02%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                         | Florida Power & Light Co                                                                       | CUSIP: 341081FF9<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12719.10     | 0.01%             | 2042-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                            | Flowserve Corp                                                                                 | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |     26000 | PA      | $22948.12     | 0.02%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                            | Foundry JV Holdco LLC                                                                          | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    205000 | PA      | $207894.60    | 0.18%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                         | Fox Corp                                                                                       | CUSIP: 35137LAN5<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     65000 | PA      | $69720.30     | 0.06%             | 2033-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                             | Freeport-McMoRan Inc                                                                           | CUSIP: 35671DCF0<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     66000 | PA      | $64765.14     | 0.06%             | 2030-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36179MVR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1441557 | PA      | $1326639.45   | 1.16%             | 2042-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36179NBC1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    224835 | PA      | $217214.70    | 0.19%             | 2043-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36179RBW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    651546 | PA      | $591326.80    | 0.52%             | 2045-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36179RD63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    601675 | PA      | $546065.01    | 0.48%             | 2045-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36179T7J8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    499375 | PA      | $467755.00    | 0.41%             | 2048-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36200KPA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1123 | PA      | $1145.61      | 0.00%             | 2033-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36200KRJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9063 | PA      | $9301.53      | 0.01%             | 2033-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36200KU96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10524 | PA      | $10914.71     | 0.01%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36200KVB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2723 | PA      | $2789.93      | 0.00%             | 2033-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36200KW94<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20086 | PA      | $20830.90     | 0.02%             | 2033-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36200MRA3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7087 | PA      | $7347.84      | 0.01%             | 2033-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36201Y4S2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2069 | PA      | $2161.34      | 0.00%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36201Y4T0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1665 | PA      | $1723.00      | 0.00%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36202FGD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     22005 | PA      | $21882.80     | 0.02%             | 2040-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36202FPF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    206097 | PA      | $199043.37    | 0.17%             | 2041-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                                             | CUSIP: 36202FQ74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    148331 | PA      | $147508.07    | 0.13%             | 2041-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36202U2L6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2148 | PA      | $2222.39      | 0.00%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36202XD61<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9823 | PA      | $9967.52      | 0.01%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36208CHN0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2411 | PA      | $2430.84      | 0.00%             | 2028-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36208NKK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4750 | PA      | $4763.53      | 0.00%             | 2027-09-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36208Q6Y7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       214 | PA      | $215.04       | 0.00%             | 2028-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36209JP96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       944 | PA      | $948.22       | 0.00%             | 2028-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36212EDJ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        96 | PA      | $98.55        | 0.00%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36213E7L4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2839 | PA      | $2967.78      | 0.00%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36241KAG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      5429 | PA      | $5440.27      | 0.00%             | 2034-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2015-GS1                                                          | CUSIP: 36252AAK2<br>LEI: 549300WZ62L3Y22NOZ64 | Long             | ABS-MBS          | CORP              | US        |    380000 | PA      | $333186.48    | 0.29%             | 2048-11-10      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2018-GS9                                                          | CUSIP: 36255NAX3<br>LEI: 549300WF5YRKNHB1FX69 | Long             | ABS-MBS          | CORP              | US        |    291000 | PA      | $278981.97    | 0.24%             | 2051-03-10      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2019-GC42                                                         | CUSIP: 36257UAK3<br>LEI: 549300WF5YRKNHB1FX69 | Long             | ABS-MBS          | CORP              | US        |   1523000 | PA      | $1438137.45   | 1.26%             | 2052-09-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2019-GSA1                                                         | CUSIP: 36261PAT9<br>LEI: 549300WF5YRKNHB1FX69 | Long             | ABS-MBS          | CORP              | US        |    743000 | PA      | $704479.28    | 0.62%             | 2052-11-10      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| HALEON US CAPITAL LLC                            | Haleon US Capital LLC                                                                          | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247632.50    | 0.22%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290RXU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2306 | PA      | $2309.86      | 0.00%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290SKX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      8577 | PA      | $8594.40      | 0.01%             | 2033-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290SWM9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3946 | PA      | $4060.44      | 0.00%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290TVQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2716 | PA      | $2875.73      | 0.00%             | 2036-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290VJ88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1487 | PA      | $1557.20      | 0.00%             | 2036-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290VJ96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2669 | PA      | $2814.21      | 0.00%             | 2036-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290WFF4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1529 | PA      | $1574.55      | 0.00%             | 2035-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290YU30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1834 | PA      | $1838.22      | 0.00%             | 2033-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36290YUX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1850 | PA      | $1853.04      | 0.00%             | 2033-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36291SDE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       225 | PA      | $224.85       | 0.00%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36291SDL1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4209 | PA      | $4367.19      | 0.00%             | 2035-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36291SMS6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1003 | PA      | $1002.84      | 0.00%             | 2034-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36291URE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1868 | PA      | $1952.64      | 0.00%             | 2036-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36292FNK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2254 | PA      | $2359.66      | 0.00%             | 2036-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36294PL50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1760 | PA      | $1832.32      | 0.00%             | 2036-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36294PL92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1790 | PA      | $1866.72      | 0.00%             | 2036-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36294PMJ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1616 | PA      | $1685.35      | 0.00%             | 2036-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36294STV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1607 | PA      | $1676.64      | 0.00%             | 2036-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36294THX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       690 | PA      | $700.81       | 0.00%             | 2036-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                              | CUSIP: 36294TK61<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3434 | PA      | $3639.60      | 0.00%             | 2036-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                          | Arthur J Gallagher & Co                                                                        | CUSIP: 363576AB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     18000 | PA      | $12272.40     | 0.01%             | 2051-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                            | General Dynamics Corp                                                                          | CUSIP: 369550BJ6<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     13000 | PA      | $10865.92     | 0.01%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                | General Mills Inc                                                                              | CUSIP: 370334CP7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     12000 | PA      | $7360.56      | 0.01%             | 2051-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                | General Motors Co                                                                              | CUSIP: 37045VAJ9<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1734.76      | 0.00%             | 2045-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                | General Motors Co                                                                              | CUSIP: 37045VAQ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1749.52      | 0.00%             | 2048-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                | General Motors Co                                                                              | CUSIP: 37045VAU4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14397.88     | 0.01%             | 2027-10-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                           | General Motors Financial Co Inc                                                                | CUSIP: 37045XDE3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15145.98     | 0.01%             | 2031-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                           | General Motors Financial Co Inc                                                                | CUSIP: 37045XEG7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    217000 | PA      | $224690.48    | 0.20%             | 2030-04-06      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                           | General Motors Financial Co Inc                                                                | CUSIP: 37045XEP7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     99000 | PA      | $102803.58    | 0.09%             | 2034-01-07      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                 | Genuine Parts Co                                                                               | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |     16000 | PA      | $13853.92     | 0.01%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                 | Georgia Power Co                                                                               | CUSIP: 373334KW0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    263000 | PA      | $268704.47    | 0.24%             | 2034-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                              | Gilead Sciences Inc                                                                            | CUSIP: 375558BG7<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     61000 | PA      | $59545.15     | 0.05%             | 2035-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                              | Gilead Sciences Inc                                                                            | CUSIP: 375558BK8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |      7000 | PA      | $5665.66      | 0.00%             | 2047-03-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                              | Gilead Sciences Inc                                                                            | CUSIP: 375558BM4<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1979.14      | 0.00%             | 2027-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                              | Gilead Sciences Inc                                                                            | CUSIP: 375558BS1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     14000 | PA      | $10129.70     | 0.01%             | 2040-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                              | Gilead Sciences Inc                                                                            | CUSIP: 375558BZ5<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17580.38     | 0.02%             | 2033-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL                          | GlaxoSmithKline Capital PLC                                                                    | CUSIP: 377373AH8<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |     22000 | PA      | $21427.56     | 0.02%             | 2029-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GWV2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7889.68      | 0.01%             | 2029-04-23      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GWZ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14911.95     | 0.01%             | 2029-05-01      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GYC2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     22000 | PA      | $16302.44     | 0.01%             | 2042-04-22      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37503.72     | 0.03%             | 2027-09-10      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     18000 | PA      | $15881.22     | 0.01%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GYK4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10569.15     | 0.01%             | 2042-07-21      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38141GZN7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     36000 | PA      | $27031.32     | 0.02%             | 2043-02-24      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38148LAF3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7163.20      | 0.01%             | 2045-05-22      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                                    | CUSIP: 38148YAA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7851.51      | 0.01%             | 2038-10-31      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                                       | CUSIP: 38384NTU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1567868 | PA      | $57032.63     | 0.05%             | 2064-05-20      | Floating      | 2.18%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                                            | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25963.60     | 0.02%             | 2026-04-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17092.08     | 0.01%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CH0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    119000 | PA      | $117498.22    | 0.10%             | 2027-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CJ6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     33000 | PA      | $31961.16     | 0.03%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14859.52     | 0.01%             | 2032-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CL1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     35000 | PA      | $27855.80     | 0.02%             | 2052-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56161.60     | 0.05%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119CV9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19318.40     | 0.02%             | 2054-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                        | CUSIP: 404119DB2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     44000 | PA      | $45239.04     | 0.04%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                | HSBC Holdings PLC                                                                              | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    465000 | PA      | $463730.55    | 0.41%             | 2027-05-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                | HSBC Holdings PLC                                                                              | CUSIP: 404280CY3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $178758.00    | 0.16%             | 2032-11-22      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                | HSBC Holdings PLC                                                                              | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    210000 | PA      | $211255.80    | 0.19%             | 2029-09-11      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON CO                                   | Halliburton Co                                                                                 | CUSIP: 406216BK6<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7092.64      | 0.01%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARTFORD INSUR GRP INC/T                         | Hartford Insurance Group Inc/The                                                               | CUSIP: 416515BC7<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23893.75     | 0.02%             | 2047-02-12      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP                         | Health Care Service Corp A Mutual Legal Reserve Co                                             | CUSIP: 42218SAF5<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19906.92     | 0.02%             | 2030-06-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP                         | Health Care Service Corp A Mutual Legal Reserve Co                                             | CUSIP: 42218SAH1<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |      9000 | PA      | $5591.88      | 0.00%             | 2050-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                         | Healthcare Realty Holdings LP                                                                  | CUSIP: 42225UAH7<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |     12000 | PA      | $10415.88     | 0.01%             | 2031-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HESS CORP                                        | Hess Corp                                                                                      | CUSIP: 42809HAD9<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3054.33      | 0.00%             | 2041-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HESS CORP                                        | Hess Corp                                                                                      | CUSIP: 42809HAH0<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2015.98      | 0.00%             | 2047-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                              | Highwoods Realty LP                                                                            | CUSIP: 431282AQ5<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |      8000 | PA      | $7884.80      | 0.01%             | 2028-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                              | Highwoods Realty LP                                                                            | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |     22000 | PA      | $21400.50     | 0.02%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                              | Highwoods Realty LP                                                                            | CUSIP: 431282AU6<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |      4000 | PA      | $4423.76      | 0.00%             | 2034-02-01      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076BP6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      9000 | PA      | $6140.52      | 0.01%             | 2056-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076BS0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3874.35      | 0.00%             | 2047-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076BX9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4201.70      | 0.00%             | 2048-12-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076CB6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7526.72      | 0.01%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076CD2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     18000 | PA      | $12420.18     | 0.01%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076CT7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9790.44      | 0.01%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076DE9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23165.37     | 0.02%             | 2034-06-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076DF6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8421.48      | 0.01%             | 2054-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                                             | CUSIP: 437076DG4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     39000 | PA      | $36584.73     | 0.03%             | 2064-06-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HONEYWELL AEROSPACE INC                          | Honeywell Aerospace Inc                                                                        | CUSIP: 43849RAE5<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74235.75     | 0.07%             | 2031-03-16      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                          | Honeywell International Inc                                                                    | CUSIP: 438516BU9<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2843.49      | 0.00%             | 2029-08-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                          | Honeywell International Inc                                                                    | CUSIP: 438516CF1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21656.25     | 0.02%             | 2031-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                | Hormel Foods Corp                                                                              | CUSIP: 440452AF7<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |     34000 | PA      | $30568.04     | 0.03%             | 2030-06-11      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                                   | CUSIP: 446150AS3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     38000 | PA      | $35204.34     | 0.03%             | 2030-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                                   | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     97000 | PA      | $98447.24     | 0.09%             | 2031-01-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                                   | CUSIP: 446150BF0<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38672.22     | 0.03%             | 2039-11-18      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                         | Huntington Ingalls Industries Inc                                                              | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29378.08     | 0.03%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                                        | CUSIP: 44891ACV7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    199000 | PA      | $203107.36    | 0.18%             | 2031-01-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                          | Imperial Brands Finance PLC                                                                    | CUSIP: 45262BAB9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199398.00    | 0.17%             | 2026-07-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                          | Imperial Brands Finance PLC                                                                    | CUSIP: 45262BAG8<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    489000 | PA      | $501489.06    | 0.44%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                          | Imperial Brands Finance PLC                                                                    | CUSIP: 45262BAH6<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    233000 | PA      | $239817.58    | 0.21%             | 2034-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                           | Indiana Michigan Power Co                                                                      | CUSIP: 454889AU0<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     22000 | PA      | $14369.30     | 0.01%             | 2051-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                               | Ingersoll Rand Inc                                                                             | CUSIP: 45687VAB2<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52969.11     | 0.05%             | 2033-08-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                    | Ingredion Inc                                                                                  | CUSIP: 457187AD4<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |      7000 | PA      | $5182.73      | 0.00%             | 2050-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                       | Intel Corp                                                                                     | CUSIP: 458140BK5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     12000 | PA      | $6601.56      | 0.01%             | 2060-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                       | Intel Corp                                                                                     | CUSIP: 458140BU3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     29000 | PA      | $25110.81     | 0.02%             | 2031-08-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                       | Intel Corp                                                                                     | CUSIP: 458140BV1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     33000 | PA      | $22636.02     | 0.02%             | 2041-08-12      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                       | Intel Corp                                                                                     | CUSIP: 458140CH1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8514.45      | 0.01%             | 2043-02-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                       | Intel Corp                                                                                     | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8280.45      | 0.01%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                                  | CUSIP: 45866FAP9<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |      8000 | PA      | $5792.32      | 0.01%             | 2040-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                       | Intuit Inc                                                                                     | CUSIP: 46124HAH9<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32191.25     | 0.03%             | 2053-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ITC HOLDINGS CORP                                | ITC Holdings Corp                                                                              | CUSIP: 465685AQ8<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     53000 | PA      | $49547.05     | 0.04%             | 2030-05-14      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust       | JPMBB Commercial Mortgage Securities Trust 2015-C32                                            | CUSIP: 46590JBC0<br>LEI: 549300UOGMFS1M8XVM16 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $52819.60     | 0.05%             | 2048-11-15      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO                         | JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings                               | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     16000 | PA      | $16516.00     | 0.01%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PAJ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10531.92     | 0.01%             | 2038-07-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PAK2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      7000 | PA      | $5523.07      | 0.00%             | 2048-07-24      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PAN6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     81000 | PA      | $62170.74     | 0.05%             | 2049-01-23      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PAR7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13881.14     | 0.01%             | 2029-04-23      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    167000 | PA      | $166154.98    | 0.15%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34479.19     | 0.03%             | 2031-05-13      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64894.05     | 0.06%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PCD6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22516.80     | 0.02%             | 2042-04-22      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    104000 | PA      | $105571.44    | 0.09%             | 2035-01-23      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                                            | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    183000 | PA      | $187273.05    | 0.16%             | 2036-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO                         | JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings                               | CUSIP: 472140AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    140000 | PA      | $145259.80    | 0.13%             | 2035-04-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO                         | JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings                               | CUSIP: 47214BAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     56000 | PA      | $61493.60     | 0.05%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                          | Jefferies Financial Group Inc                                                                  | CUSIP: 47233WBM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     59000 | PA      | $60256.11     | 0.05%             | 2028-07-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                | Johnson & Johnson                                                                              | CUSIP: 478160CF9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6284.95      | 0.01%             | 2037-03-03      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                         | KLA Corp                                                                                       | CUSIP: 482480AJ9<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     18000 | PA      | $12253.68     | 0.01%             | 2050-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                         | Kaiser Foundation Hospitals                                                                    | CUSIP: 48305QAE3<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    154000 | PA      | $105727.16    | 0.09%             | 2049-11-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                       | Kenvue Inc                                                                                     | CUSIP: 49177JAK8<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18136.62     | 0.02%             | 2033-03-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                       | Kenvue Inc                                                                                     | CUSIP: 49177JAP7<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19866.22     | 0.02%             | 2053-03-22      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                                       | Kenvue Inc                                                                                     | CUSIP: 49177JAR3<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11646.83     | 0.01%             | 2063-03-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                          | Kinder Morgan Energy Partners LP                                                               | CUSIP: 494550BH8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9470.34      | 0.01%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                          | Kinder Morgan Energy Partners LP                                                               | CUSIP: 494550BP0<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8073.00      | 0.01%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                | Kinder Morgan Inc                                                                              | CUSIP: 49456BAJ0<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7136.00      | 0.01%             | 2046-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                | Kinder Morgan Inc                                                                              | CUSIP: 49456BAU5<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     81000 | PA      | $79733.16     | 0.07%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                | Kinder Morgan Inc                                                                              | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16275.84     | 0.01%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                                           | CUSIP: 50077LAM8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     34000 | PA      | $29687.44     | 0.03%             | 2045-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                             | Kyndryl Holdings Inc                                                                           | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37331.20     | 0.03%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                | L3Harris Technologies Inc                                                                      | CUSIP: 502431AL3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13944.98     | 0.01%             | 2026-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                                           | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    142000 | PA      | $143874.40    | 0.13%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                                           | CUSIP: 517834AL1<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44135.20     | 0.04%             | 2034-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                       | Leidos Inc                                                                                     | CUSIP: 52532XAF2<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137821.60    | 0.12%             | 2030-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                       | Leidos Inc                                                                                     | CUSIP: 52532XAJ4<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37332.72     | 0.03%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                       | Leidos Inc                                                                                     | CUSIP: 52532XAK1<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42773.64     | 0.04%             | 2032-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                       | Leidos Inc                                                                                     | CUSIP: 52532XAL9<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53823.09     | 0.05%             | 2035-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                         | Liberty Mutual Group Inc                                                                       | CUSIP: 53079EBK9<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3391.45      | 0.00%             | 2060-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                                 | CUSIP: 532457CM8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10013.74     | 0.01%             | 2054-02-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                                 | CUSIP: 532457CN6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     47000 | PA      | $42223.86     | 0.04%             | 2064-02-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                             | Lockheed Martin Corp                                                                           | CUSIP: 539830BK4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13597.50     | 0.01%             | 2036-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661DN4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1474.40      | 0.00%             | 2046-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661DQ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     14000 | PA      | $10743.18     | 0.01%             | 2047-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661DX2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8481.51      | 0.01%             | 2028-04-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661DY0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4410.00      | 0.00%             | 2030-10-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661DZ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     18000 | PA      | $11101.32     | 0.01%             | 2050-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661ED5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     27000 | PA      | $25374.60     | 0.02%             | 2028-09-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                                 | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     27000 | PA      | $25496.64     | 0.02%             | 2053-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                             | M&T Bank Corp                                                                                  | CUSIP: 55261FAR5<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    131000 | PA      | $129232.81    | 0.11%             | 2034-01-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                          | MPLX LP                                                                                        | CUSIP: 55336VBP4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3512.40      | 0.00%             | 2047-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                          | MPLX LP                                                                                        | CUSIP: 55336VBQ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16584.48     | 0.01%             | 2030-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                         | MSCI Inc                                                                                       | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     36000 | PA      | $35267.76     | 0.03%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                           | Discovery Global Holdings Inc                                                                  | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    135000 | PA      | $133353.00    | 0.12%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                           | Discovery Global Holdings Inc                                                                  | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    104000 | PA      | $92075.36     | 0.08%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                           | Discovery Global Holdings Inc                                                                  | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |      3000 | PA      | $1817.94      | 0.00%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                           | Discovery Global Holdings Inc                                                                  | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10007.10     | 0.01%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MARS INC                                         | Mars Inc                                                                                       | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61636.84     | 0.05%             | 2030-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MARS INC                                         | Mars Inc                                                                                       | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65590.85     | 0.06%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MARS INC                                         | Mars Inc                                                                                       | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     61000 | PA      | $59463.41     | 0.05%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                                       | CUSIP: 571748BQ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     18000 | PA      | $11071.08     | 0.01%             | 2051-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                           | Marvell Technology Inc                                                                         | CUSIP: 573874AQ7<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47407.05     | 0.04%             | 2033-09-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust                    | MASTR Alternative Loan Trust 2003-5                                                            | CUSIP: 576434FN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1524 | PA      | $3.59         | 0.00%             | 2018-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                                          | CUSIP: 579780AS6<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8699.20      | 0.01%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                  | McDonald's Corp                                                                                | CUSIP: 58013MFA7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7123.12      | 0.01%             | 2045-12-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                  | McDonald's Corp                                                                                | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |      6000 | PA      | $4319.46      | 0.00%             | 2049-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                  | McDonald's Corp                                                                                | CUSIP: 58013MFQ2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24283.00     | 0.02%             | 2030-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MEDTRONIC INC                                    | Medtronic Inc                                                                                  | CUSIP: 585055BU9<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1785.54      | 0.00%             | 2045-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MEDTRONIC GLOBAL HLDINGS                         | Medtronic Global Holdings SCA                                                                  | CUSIP: 58507LBC2<br>LEI: 549300JXMTTP8GKYIX14 | Long             | DBT              | CORP              | LU        |     34000 | PA      | $33581.80     | 0.03%             | 2033-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MEMORIAL SLOAN-KETTERING                         | Memorial Sloan-Kettering Cancer Center                                                         | CUSIP: 586054AB4<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |     38000 | PA      | $30395.82     | 0.03%             | 2052-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                   | Merck & Co Inc                                                                                 | CUSIP: 58933YAW5<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3128.76      | 0.00%             | 2049-03-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                   | Merck & Co Inc                                                                                 | CUSIP: 58933YBB0<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     27000 | PA      | $15624.09     | 0.01%             | 2050-06-24      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                   | Merck & Co Inc                                                                                 | CUSIP: 58933YBD6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     49000 | PA      | $46373.60     | 0.04%             | 2028-12-10      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                   | Merck & Co Inc                                                                                 | CUSIP: 58933YBF1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     17000 | PA      | $10340.25     | 0.01%             | 2051-12-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                   | Merck & Co Inc                                                                                 | CUSIP: 58933YBG9<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |      6000 | PA      | $3428.04      | 0.00%             | 2061-12-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                   | Merck & Co Inc                                                                                 | CUSIP: 58933YBM6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3604.08      | 0.00%             | 2053-05-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                              | Meritage Homes Corp                                                                            | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    127000 | PA      | $123595.13    | 0.11%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                      | MetLife Inc                                                                                    | CUSIP: 59156RBL1<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11314.16     | 0.01%             | 2044-12-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                                 | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9314.00      | 0.01%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                                 | CUSIP: 594918BR4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13919.36     | 0.01%             | 2026-08-08      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                                 | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      4000 | PA      | $2231.68      | 0.00%             | 2060-06-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                                 | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     36000 | PA      | $23120.28     | 0.02%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                                          | CUSIP: 595112BT9<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     26000 | PA      | $20174.96     | 0.02%             | 2041-11-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                                          | CUSIP: 595112BU6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     35000 | PA      | $24656.45     | 0.02%             | 2051-11-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                                          | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     73000 | PA      | $76377.71     | 0.07%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                                          | CUSIP: 595112CE1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    276000 | PA      | $293865.48    | 0.26%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                                          | CUSIP: 595112CG6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     42000 | PA      | $44210.88     | 0.04%             | 2032-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                           | Mid-America Apartments LP                                                                      | CUSIP: 59523UAU1<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     28000 | PA      | $17284.40     | 0.02%             | 2051-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                           | Mizuho Financial Group Inc                                                                     | CUSIP: 60687YAG4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    289000 | PA      | $287153.29    | 0.25%             | 2026-09-13      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                            | Molson Coors Beverage Co                                                                       | CUSIP: 60871RAH3<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3120.68      | 0.00%             | 2046-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39994.00     | 0.04%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 6174468Y8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     81000 | PA      | $49309.56     | 0.04%             | 2052-01-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 61744YAL2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11343.67     | 0.01%             | 2038-07-22      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 61746BEG7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     13000 | PA      | $10666.63     | 0.01%             | 2047-01-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29724.00     | 0.03%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     89000 | PA      | $79993.20     | 0.07%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                                 | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30462.60     | 0.03%             | 2035-01-18      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| MYLAN INC                                        | Mylan Inc                                                                                      | CUSIP: 628530BJ5<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |      7000 | PA      | $5543.51      | 0.00%             | 2048-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                             | Utah Acquisition Sub Inc                                                                       | CUSIP: 62854AAN4<br>LEI: 254900JOFV74IJ7H9933 | Long             | DBT              | CORP              | US        |     84000 | PA      | $83775.72     | 0.07%             | 2026-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                  | NGPL PipeCo LLC                                                                                | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     33000 | PA      | $30352.41     | 0.03%             | 2031-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                   | NRG Energy Inc                                                                                 | CUSIP: 629377DA7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     72000 | PA      | $71146.80     | 0.06%             | 2030-10-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                   | NRG Energy Inc                                                                                 | CUSIP: 629377DB5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     81000 | PA      | $79330.59     | 0.07%             | 2035-10-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                       | Nasdaq Inc                                                                                     | CUSIP: 63111XAK7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11994.24     | 0.01%             | 2053-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                       | Nasdaq Inc                                                                                     | CUSIP: 63111XAL5<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16012.48     | 0.01%             | 2063-06-28      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| NOV INC                                          | NOV Inc                                                                                        | CUSIP: 637071AM3<br>LEI: 549300EHF3IW1AR6U008 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24163.75     | 0.02%             | 2029-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                       | NetApp Inc                                                                                     | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81764.00     | 0.07%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                      | Netflix Inc                                                                                    | CUSIP: 64110LAZ9<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34261.46     | 0.03%             | 2034-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                      | Netflix Inc                                                                                    | CUSIP: 64110LBA3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19350.40     | 0.02%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                                  | Nevada Power Co                                                                                | CUSIP: 641423CG1<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21058.80     | 0.02%             | 2054-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                           | NextEra Energy Capital Holdings Inc                                                            | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17956.62     | 0.02%             | 2079-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                             | Niagara Mohawk Power Corp                                                                      | CUSIP: 65364UAU0<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26328.12     | 0.02%             | 2054-01-17      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                         | NIKE Inc                                                                                       | CUSIP: 654106AM5<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3480.25      | 0.00%             | 2050-03-27      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                     | NiSource Inc                                                                                   | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    138000 | PA      | $135680.22    | 0.12%             | 2056-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                            | Norfolk Southern Corp                                                                          | CUSIP: 655844BM9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     16000 | PA      | $13012.80     | 0.01%             | 2042-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE                         | Northwestern Mutual Life Insurance Co/The                                                      | CUSIP: 668138AE0<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |     44000 | PA      | $30368.36     | 0.03%             | 2051-03-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                | Novant Health Inc                                                                              | CUSIP: 66988AAJ3<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |     18000 | PA      | $11326.86     | 0.01%             | 2061-11-01      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                            | Novartis Capital Corp                                                                          | CUSIP: 66989HAR9<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     28000 | PA      | $25646.04     | 0.02%             | 2030-08-14      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                      | Nutrien Ltd                                                                                    | CUSIP: 67077MAR9<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     11000 | PA      | $9787.58      | 0.01%             | 2043-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                      | Nutrien Ltd                                                                                    | CUSIP: 67077MBA5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     82000 | PA      | $82713.40     | 0.07%             | 2028-03-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                      | Nutrien Ltd                                                                                    | CUSIP: 67077MBD9<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    131000 | PA      | $133185.08    | 0.12%             | 2034-06-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                         | OBX 2025-NQM20 Trust                                                                           | CUSIP: 67126GAC6<br>LEI: 254900Y8CC35WOVR8295 | Long             | ABS-MBS          | CORP              | US        |    773926 | PA      | $770622.12    | 0.68%             | 2065-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                         | OBX 2025-NQM18 Trust                                                                           | CUSIP: 673918AC2<br>LEI: 254900JLM1WC0WGYCA96 | Long             | ABS-MBS          | CORP              | US        |    291031 | PA      | $290131.28    | 0.25%             | 2065-09-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                         | OBX 2025-NQM19 Trust                                                                           | CUSIP: 67449LAA9<br>LEI: 2549003HKVOL66FLG606 | Long             | ABS-MBS          | CORP              | US        |   1160596 | PA      | $1152123.72   | 1.01%             | 2065-10-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                  | Oklahoma Gas and Electric Co                                                                   | CUSIP: 678858BV2<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17173.26     | 0.02%             | 2030-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                        | ONEOK Inc                                                                                      | CUSIP: 682680AW3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15900.80     | 0.01%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                        | ONEOK Inc                                                                                      | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     53000 | PA      | $55866.77     | 0.05%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                        | ONEOK Inc                                                                                      | CUSIP: 682680BN2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     44000 | PA      | $45188.00     | 0.04%             | 2053-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      9000 | PA      | $6068.88      | 0.01%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18920.77     | 0.02%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XBQ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     13000 | PA      | $8568.82      | 0.01%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XBV6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     28000 | PA      | $25543.84     | 0.02%             | 2030-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     18000 | PA      | $10859.22     | 0.01%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6339.80      | 0.01%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XCB9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     24000 | PA      | $14811.12     | 0.01%             | 2061-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11436.00     | 0.01%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XCH6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21654.15     | 0.02%             | 2029-11-09      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15119.20     | 0.01%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XCQ6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     16000 | PA      | $12762.72     | 0.01%             | 2053-02-06      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XDW2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    145000 | PA      | $143136.75    | 0.13%             | 2029-02-04      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XDY8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29189.10     | 0.03%             | 2033-05-04      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                                    | CUSIP: 68389XDZ5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91334.90     | 0.08%             | 2036-02-04      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                                            | CUSIP: 68902VAK3<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8354.25      | 0.01%             | 2030-02-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                                            | CUSIP: 68902VAM9<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     12000 | PA      | $8197.08      | 0.01%             | 2050-02-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                    | Owens Corning                                                                                  | CUSIP: 690742AK7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68729.42     | 0.06%             | 2030-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                    | Owens Corning                                                                                  | CUSIP: 690742AP6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     56000 | PA      | $57942.64     | 0.05%             | 2034-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                    | Owens Corning                                                                                  | CUSIP: 690742AQ4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16841.73     | 0.01%             | 2054-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                          | PPL Capital Funding Inc                                                                        | CUSIP: 69352PAL7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23964.96     | 0.02%             | 2026-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PRKCM Trust                                      | PRKCM 2025-AFC1 Trust                                                                          | CUSIP: 69392YAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    587731 | PA      | $585050.48    | 0.51%             | 2060-10-25      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                           | Pacific Gas and Electric Co                                                                    | CUSIP: 694308HL4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     27000 | PA      | $21074.04     | 0.02%             | 2045-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                           | Pacific Gas and Electric Co                                                                    | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22286.54     | 0.02%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                           | Pacific Gas and Electric Co                                                                    | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35878.00     | 0.03%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                           | Pacific Gas and Electric Co                                                                    | CUSIP: 694308JH1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29926.40     | 0.03%             | 2040-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                           | Pacific Gas and Electric Co                                                                    | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     17000 | PA      | $11213.37     | 0.01%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                           | Pacific Gas and Electric Co                                                                    | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    108000 | PA      | $104420.88    | 0.09%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                       | PacifiCorp                                                                                     | CUSIP: 695114CW6<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16382.34     | 0.01%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                       | PacifiCorp                                                                                     | CUSIP: 695114CY2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     41000 | PA      | $23305.22     | 0.02%             | 2052-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERIC                         | Packaging Corp of America                                                                      | CUSIP: 695156AW9<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     25000 | PA      | $15722.00     | 0.01%             | 2051-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                             | Parker-Hannifin Corp                                                                           | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13570.20     | 0.01%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                             | Parker-Hannifin Corp                                                                           | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24131.28     | 0.02%             | 2029-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY INC                         | Patterson-UTI Energy Inc                                                                       | CUSIP: 703481AD3<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     30000 | PA      | $32225.10     | 0.03%             | 2033-10-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                      | Paychex Inc                                                                                    | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |     64000 | PA      | $64599.68     | 0.06%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                                      | Paychex Inc                                                                                    | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48218.88     | 0.04%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                                            | CUSIP: 70450YAD5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25796.42     | 0.02%             | 2026-10-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                                            | CUSIP: 70450YAJ2<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     13000 | PA      | $8379.28      | 0.01%             | 2050-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                                    | CUSIP: 713448EL8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20935.64     | 0.02%             | 2029-07-29      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                                    | CUSIP: 713448EZ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13519.65     | 0.01%             | 2030-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                                    | CUSIP: 713448FG8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     43000 | PA      | $26397.27     | 0.02%             | 2051-10-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                          | Pfizer Investment Enterprises Pte Ltd                                                          | CUSIP: 716973AE2<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |      3000 | PA      | $2988.78      | 0.00%             | 2033-05-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                          | Pfizer Investment Enterprises Pte Ltd                                                          | CUSIP: 716973AG7<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |     13000 | PA      | $12073.49     | 0.01%             | 2053-05-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                          | Pfizer Investment Enterprises Pte Ltd                                                          | CUSIP: 716973AH5<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |     22000 | PA      | $19965.44     | 0.02%             | 2063-05-19      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                       | Pfizer Inc                                                                                     | CUSIP: 717081DK6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2602.56      | 0.00%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                       | Pfizer Inc                                                                                     | CUSIP: 717081ED1<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |      8000 | PA      | $6441.12      | 0.01%             | 2046-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                       | Pfizer Inc                                                                                     | CUSIP: 717081EU3<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7827.75      | 0.01%             | 2039-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                       | Pfizer Inc                                                                                     | CUSIP: 717081FA6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     39000 | PA      | $23905.44     | 0.02%             | 2050-05-28      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                                | CUSIP: 718172AW9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3310.12      | 0.00%             | 2043-03-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                                | CUSIP: 718172CJ6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10655.59     | 0.01%             | 2029-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                                | CUSIP: 718172CP2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4554.50      | 0.00%             | 2030-05-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                                | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     26000 | PA      | $27037.40     | 0.02%             | 2029-11-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                                | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47978.07     | 0.04%             | 2030-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                      | Phillips 66                                                                                    | CUSIP: 718546AW4<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     90000 | PA      | $80675.10     | 0.07%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                      | Phillips 66 Co                                                                                 | CUSIP: 718547AK8<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42899.40     | 0.04%             | 2029-12-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                      | Phillips 66 Co                                                                                 | CUSIP: 718547AM4<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8415.90      | 0.01%             | 2045-02-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                             | Pilgrim's Pride Corp                                                                           | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8352.24      | 0.01%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                             | Pilgrim's Pride Corp                                                                           | CUSIP: 72147KAL2<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     34000 | PA      | $36701.30     | 0.03%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                         | Pioneer Natural Resources Co                                                                   | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |     66000 | PA      | $59497.68     | 0.05%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| PRECISION CASTPARTS CORP                         | Precision Castparts Corp                                                                       | CUSIP: 740189AP0<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9376.51      | 0.01%             | 2045-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                                           | CUSIP: 743315AZ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     31000 | PA      | $28303.62     | 0.02%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                                           | CUSIP: 743315BA0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |      9000 | PA      | $6534.63      | 0.01%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                                    | CUSIP: 74340XCC3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |      9000 | PA      | $5864.49      | 0.01%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                                    | CUSIP: 74340XCJ8<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     18000 | PA      | $18020.70     | 0.02%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                                    | CUSIP: 74340XCK5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     12000 | PA      | $11179.20     | 0.01%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                                       | CUSIP: 744320BA9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     18000 | PA      | $13405.32     | 0.01%             | 2049-12-07      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                                       | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13847.40     | 0.01%             | 2048-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                          | Public Service Co of Colorado                                                                  | CUSIP: 744448CP4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17775.72     | 0.02%             | 2028-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                             | Public Storage Operating Co                                                                    | CUSIP: 74460WAH0<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     15000 | PA      | $14122.35     | 0.01%             | 2053-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                     | QUALCOMM Inc                                                                                   | CUSIP: 747525BR3<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     36000 | PA      | $29355.12     | 0.03%             | 2052-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                            | Quest Diagnostics Inc                                                                          | CUSIP: 74834LBB5<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2810.73      | 0.00%             | 2030-06-30      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                      | RCKT Mortgage Trust 2025-CES10                                                                 | CUSIP: 74939LAA2<br>LEI: 2549008ADDIO9CIJ8W08 | Long             | ABS-MBS          | CORP              | US        |    917146 | PA      | $910074.82    | 0.80%             | 2055-11-25      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                      | RCKT Mortgage Trust 2025-CES11                                                                 | CUSIP: 749423AA7<br>LEI: 254900BTBXWWIQBK4D47 | Long             | ABS-MBS          | CORP              | US        |    562165 | PA      | $558527.60    | 0.49%             | 2055-11-25      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 75513ECH2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9927.90      | 0.01%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 75513ECL3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     40000 | PA      | $24458.00     | 0.02%             | 2051-09-01      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 75513ECM1<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     39000 | PA      | $33963.93     | 0.03%             | 2031-09-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 75513ECW9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     44000 | PA      | $47380.08     | 0.04%             | 2034-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 75513ECX7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     31000 | PA      | $33412.73     | 0.03%             | 2054-03-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICAL                         | Regeneron Pharmaceuticals Inc                                                                  | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |     34000 | PA      | $30146.44     | 0.03%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                           | Regions Financial Corp                                                                         | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |     77000 | PA      | $72299.15     | 0.06%             | 2028-08-12      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                           | Regions Financial Corp                                                                         | CUSIP: 7591EPAU4<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    240000 | PA      | $246273.60    | 0.22%             | 2030-06-06      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                         | RenaissanceRe Holdings Ltd                                                                     | CUSIP: 75968NAE1<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |     39000 | PA      | $40055.73     | 0.04%             | 2033-06-05      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                            | Reynolds American Inc                                                                          | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77076.75     | 0.07%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                            | Rio Tinto Finance USA Ltd                                                                      | CUSIP: 767201AT3<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |     47000 | PA      | $28270.03     | 0.02%             | 2051-11-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                            | RIO TINTO FIN USA PLC                                                                          | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     32000 | PA      | $31864.32     | 0.03%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                            | RIO TINTO FIN USA PLC                                                                          | CUSIP: 76720AAW6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     29000 | PA      | $28854.42     | 0.03%             | 2065-03-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                      | ROBLOX Corp                                                                                    | CUSIP: 771049AA1<br>LEI: 529900ANZDBDFU91SO19 | Long             | DBT              | CORP              | US        |    156000 | PA      | $146468.40    | 0.13%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                              | Rockwell Automation Inc                                                                        | CUSIP: 773903AJ8<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     13000 | PA      | $10551.84     | 0.01%             | 2049-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                              | Rockwell Automation Inc                                                                        | CUSIP: 773903AM1<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |      8000 | PA      | $4466.56      | 0.00%             | 2061-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                  | Ross Stores Inc                                                                                | CUSIP: 778296AC7<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4003.64      | 0.00%             | 2027-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                          | Royal Caribbean Cruises Ltd                                                                    | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    165000 | PA      | $166765.50    | 0.15%             | 2031-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                          | Royal Caribbean Cruises Ltd                                                                    | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     44000 | PA      | $43244.08     | 0.04%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                               | Royalty Pharma PLC                                                                             | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     15000 | PA      | $14457.45     | 0.01%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                               | Royalty Pharma PLC                                                                             | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |      3000 | PA      | $2700.36      | 0.00%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                               | Royalty Pharma PLC                                                                             | CUSIP: 78081BAL7<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |      3000 | PA      | $2273.64      | 0.00%             | 2040-09-02      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                               | Royalty Pharma PLC                                                                             | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     22000 | PA      | $22181.94     | 0.02%             | 2034-09-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                     | SK hynix Inc                                                                                   | CUSIP: 78392BAH0<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $205292.00    | 0.18%             | 2029-01-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                          | SBA Communications Corp                                                                        | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |    300000 | PA      | $296988.00    | 0.26%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                                 | CUSIP: 79466LAJ3<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19189.06     | 0.02%             | 2031-07-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                                 | CUSIP: 79466LAK0<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20454.00     | 0.02%             | 2041-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                          | Schlumberger Holdings Corp                                                                     | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13888.42     | 0.01%             | 2028-05-17      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                          | Schlumberger Holdings Corp                                                                     | CUSIP: 806851AN1<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |    139000 | PA      | $138991.66    | 0.12%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                                        | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     41000 | PA      | $37939.35     | 0.03%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                                        | CUSIP: 808513BY0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    194000 | PA      | $191014.34    | 0.17%             | 2027-03-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                                        | CUSIP: 808513CA1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12689.74     | 0.01%             | 2032-03-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                                        | CUSIP: 808513CD5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77048.25     | 0.07%             | 2029-05-19      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                                        | CUSIP: 808513CH6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     59000 | PA      | $62774.23     | 0.05%             | 2034-08-24      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                           | Sempra                                                                                         | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51469.89     | 0.05%             | 2052-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                             | Shell Finance US Inc                                                                           | CUSIP: 822905AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     54000 | PA      | $50666.04     | 0.04%             | 2029-11-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                             | Shell Finance US Inc                                                                           | CUSIP: 822905AG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17000 | PA      | $11559.83     | 0.01%             | 2050-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                          | Simon Property Group LP                                                                        | CUSIP: 828807DC8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |      8000 | PA      | $7919.12      | 0.01%             | 2027-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS                         | South Bow USA Infrastructure Holdings LLC                                                      | CUSIP: 83007CAF9<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    124000 | PA      | $123192.76    | 0.11%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                               | Smith & Nephew PLC                                                                             | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |     23000 | PA      | $23331.20     | 0.02%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                                             | CUSIP: 832696AY4<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     32000 | PA      | $33383.68     | 0.03%             | 2043-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                                             | CUSIP: 832696AZ1<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     41000 | PA      | $42564.97     | 0.04%             | 2053-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                               | Sonoco Products Co                                                                             | CUSIP: 835495AS1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     73000 | PA      | $71453.13     | 0.06%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                                  | CUSIP: 842400GG2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     39000 | PA      | $29014.05     | 0.03%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                                  | CUSIP: 842400GQ0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27687.80     | 0.02%             | 2029-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                                  | CUSIP: 842400HY2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    174000 | PA      | $178259.52    | 0.16%             | 2028-10-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                      | Southern Co/The                                                                                | CUSIP: 842587DE4<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     51000 | PA      | $49397.58     | 0.04%             | 2030-04-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                            | Southwest Airlines Co                                                                          | CUSIP: 844741BF4<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22907.75     | 0.02%             | 2030-02-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                          | Southwestern Electric Power Co                                                                 | CUSIP: 845437BP6<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14879.85     | 0.01%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                   | Starbucks Corp                                                                                 | CUSIP: 855244AR0<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2976.00      | 0.00%             | 2028-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                       | STERIS Irish FinCo UnLtd Co                                                                    | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |     64000 | PA      | $58081.92     | 0.05%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                | Store Capital LLC                                                                              | CUSIP: 862123AC0<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |     25000 | PA      | $24796.50     | 0.02%             | 2031-02-11      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                     | Stryker Corp                                                                                   | CUSIP: 863667AY7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     39000 | PA      | $35233.77     | 0.03%             | 2030-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                                            | CUSIP: 86562MCY4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     67000 | PA      | $70441.79     | 0.06%             | 2043-07-13      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 86765BAP4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10753.56     | 0.01%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                                             | CUSIP: 86765BAQ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22326.50     | 0.02%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                     | Synopsys Inc                                                                                   | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     81000 | PA      | $81603.45     | 0.07%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                     | Synopsys Inc                                                                                   | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48086.88     | 0.04%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                     | Synopsys Inc                                                                                   | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     46000 | PA      | $43934.14     | 0.04%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                | Sysco Corp                                                                                     | CUSIP: 871829BL0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2075.60      | 0.00%             | 2030-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                | Sysco Corp                                                                                     | CUSIP: 871829BN6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3097.41      | 0.00%             | 2050-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CARLYLE SECURED LENDING                          | Carlyle Secured Lending Inc                                                                    | CUSIP: 872280AA0<br>LEI: 5493003POT0JT6WD1D83 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16858.90     | 0.01%             | 2030-02-18      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                 | T-Mobile USA Inc                                                                               | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7265.07      | 0.01%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                 | T-Mobile USA Inc                                                                               | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     49000 | PA      | $48703.55     | 0.04%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                 | T-Mobile USA Inc                                                                               | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118328.75    | 0.10%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                 | T-Mobile USA Inc                                                                               | CUSIP: 87264ADA0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    204000 | PA      | $205913.52    | 0.18%             | 2028-07-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                 | T-Mobile USA Inc                                                                               | CUSIP: 87264ADG7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21170.35     | 0.02%             | 2055-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                | TSMC Arizona Corp                                                                              | CUSIP: 872898AG6<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198904.00    | 0.17%             | 2029-04-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TAKEOFF MERGER SUB INC                           | Takeoff Merger Sub Inc                                                                         | CUSIP: 873923AE6<br>LEI: 984500DF5ACB4A114F45 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49401.50     | 0.04%             | 2031-03-24      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                         | Take-Two Interactive Software Inc                                                              | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     86000 | PA      | $85170.10     | 0.07%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                         | Take-Two Interactive Software Inc                                                              | CUSIP: 874054AH2<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17166.78     | 0.02%             | 2032-04-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                            | Takeda Pharmaceutical Co Ltd                                                                   | CUSIP: 874060AX4<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $181740.00    | 0.16%             | 2030-03-31      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                | Tampa Electric Co                                                                              | CUSIP: 875127BC5<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     27000 | PA      | $22549.32     | 0.02%             | 2044-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                | Tampa Electric Co                                                                              | CUSIP: 875127BH4<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36121.60     | 0.03%             | 2031-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                | Tampa Electric Co                                                                              | CUSIP: 875127BJ0<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $17291.25     | 0.02%             | 2051-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| TANGER PROPERTIES LP                             | Tanger Properties LP                                                                           | CUSIP: 875484AL1<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |     81000 | PA      | $72384.84     | 0.06%             | 2031-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                     | Tapestry Inc                                                                                   | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     36000 | PA      | $32620.32     | 0.03%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                     | Tapestry Inc                                                                                   | CUSIP: 876030AK3<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    126000 | PA      | $127396.08    | 0.11%             | 2030-03-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                     | Tapestry Inc                                                                                   | CUSIP: 876030AL1<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78242.58     | 0.07%             | 2035-03-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp                            | CUSIP: 87612BBG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     73000 | PA      | $72907.29     | 0.06%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                      | Target Corp                                                                                    | CUSIP: 87612EBM7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12791.61     | 0.01%             | 2027-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                             | Targa Resources Corp                                                                           | CUSIP: 87612GAF8<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     93000 | PA      | $100552.53    | 0.09%             | 2034-03-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                                   | CUSIP: 883556CM2<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     24000 | PA      | $17527.20     | 0.02%             | 2041-10-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                            | Time Warner Cable LLC                                                                          | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6048.60      | 0.01%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                                      | CUSIP: 89114TZV7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     84000 | PA      | $77295.96     | 0.07%             | 2032-03-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                                      | CUSIP: 89115A2E1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     39000 | PA      | $38406.81     | 0.03%             | 2032-06-08      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                                      | CUSIP: 891160MJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $14909.70     | 0.01%             | 2031-09-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                                      | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    233000 | PA      | $236653.44    | 0.21%             | 2084-07-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAP INTL                           | TotalEnergies Capital International SA                                                         | CUSIP: 89153VAT6<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    157000 | PA      | $148900.37    | 0.13%             | 2030-01-10      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2025-CES4                                                            | CUSIP: 89170UAA8<br>LEI: 254900V1XGR6BSB30T32 | Long             | ABS-MBS          | CORP              | US        |    563201 | PA      | $559979.41    | 0.49%             | 2065-10-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| TRACTOR SUPPLY CO                                | Tractor Supply Co                                                                              | CUSIP: 892356AB2<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31449.19     | 0.03%             | 2033-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                            | TransCanada PipeLines Ltd                                                                      | CUSIP: 89352HAW9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     22000 | PA      | $21902.32     | 0.02%             | 2028-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                          | Transcontinental Gas Pipe Line Co LLC                                                          | CUSIP: 893574AK9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8941.86      | 0.01%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                          | Transcontinental Gas Pipe Line Co LLC                                                          | CUSIP: 893574AS2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     62000 | PA      | $61522.60     | 0.05%             | 2036-03-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                                          | CUSIP: 89417EAQ2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     46000 | PA      | $27153.80     | 0.02%             | 2050-04-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                                          | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    109000 | PA      | $108821.24    | 0.10%             | 2026-09-01      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                  | Tyson Foods Inc                                                                                | CUSIP: 902494BL6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     33000 | PA      | $33840.18     | 0.03%             | 2029-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                  | Tyson Foods Inc                                                                                | CUSIP: 902494BM4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     38000 | PA      | $39337.22     | 0.03%             | 2034-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| UDR INC                                          | UDR Inc                                                                                        | CUSIP: 90265EAR1<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     12000 | PA      | $10992.84     | 0.01%             | 2031-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UDR INC                                          | UDR Inc                                                                                        | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     22000 | PA      | $18612.66     | 0.02%             | 2032-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                            | Uber Technologies Inc                                                                          | CUSIP: 90353TAT7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     71000 | PA      | $69424.51     | 0.06%             | 2031-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                            | Uber Technologies Inc                                                                          | CUSIP: 90353TAU4<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     62000 | PA      | $60213.16     | 0.05%             | 2035-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                               | Union Pacific Corp                                                                             | CUSIP: 907818EQ7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3500.20      | 0.00%             | 2037-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                               | Union Pacific Corp                                                                             | CUSIP: 907818ER5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |      9000 | PA      | $6519.24      | 0.01%             | 2067-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                               | Union Pacific Corp                                                                             | CUSIP: 907818FS2<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     12000 | PA      | $8080.44      | 0.01%             | 2071-04-06      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                               | Union Pacific Corp                                                                             | CUSIP: 907818FV5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     22000 | PA      | $14509.88     | 0.01%             | 2061-05-20      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                                     | CUSIP: 91159HJG6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84152.55     | 0.07%             | 2033-07-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                                     | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    126000 | PA      | $130103.82    | 0.11%             | 2035-01-23      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                                                                            | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1453000 | PA      | $946720.31    | 0.83%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                                                                            | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2723000 | PA      | $1998001.25   | 1.75%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                                                                            | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    146000 | PA      | $128069.38    | 0.11%             | 2053-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                                                                            | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2005000 | PA      | $1892532.03   | 1.66%             | 2043-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                                                                            | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2741000 | PA      | $2670333.59   | 2.34%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1453000 | PA      | $1405777.50   | 1.23%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Inflation-Indexed Notes                                                          | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1558127 | PA      | $1465004.54   | 1.28%             | 2031-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CBJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2272000 | PA      | $2148992.51   | 1.88%             | 2028-01-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    828000 | PA      | $738472.50    | 0.65%             | 2031-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    236000 | PA      | $231685.63    | 0.20%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CKA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    960000 | PA      | $962962.50    | 0.84%             | 2027-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CKU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    827000 | PA      | $851551.56    | 0.75%             | 2031-05-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    407000 | PA      | $409607.34    | 0.36%             | 2031-07-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Inflation-Indexed Notes                                                          | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2402797 | PA      | $2440763.11   | 2.14%             | 2029-10-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2681000 | PA      | $2678277.12   | 2.35%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4319000 | PA      | $4321024.53   | 3.78%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CNR8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    646000 | PA      | $642820.47    | 0.56%             | 2032-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1394968.75   | 1.22%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CPE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4521000 | PA      | $4497512.00   | 3.94%             | 2027-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CPP0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     86000 | PA      | $85294.53     | 0.07%             | 2028-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CPQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    920000 | PA      | $906775.00    | 0.79%             | 2032-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                            | CUSIP: 91282CPR6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1056000 | PA      | $1041727.51   | 0.91%             | 2030-12-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Inflation-Indexed Notes                                                          | CUSIP: 91282CPU9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1640910 | PA      | $1621520.31   | 1.42%             | 2036-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 913017CA5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7360.29      | 0.01%             | 2045-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 913017CR8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24685.25     | 0.02%             | 2027-05-04      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                         | RTX Corp                                                                                       | CUSIP: 913017CW7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6458.69      | 0.01%             | 2038-11-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                         | CUSIP: 91324PDQ2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     18000 | PA      | $14684.40     | 0.01%             | 2048-12-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                         | CUSIP: 91324PDX7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     27000 | PA      | $24458.22     | 0.02%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                         | CUSIP: 91324PEJ7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26311.50     | 0.02%             | 2032-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                         | CUSIP: 91324PEK4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     28000 | PA      | $23544.64     | 0.02%             | 2052-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                         | CUSIP: 91324PEW8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19352.52     | 0.02%             | 2053-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                                         | CUSIP: 91324PEX6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     37000 | PA      | $32232.92     | 0.03%             | 2063-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                            | Vale Overseas Ltd                                                                              | CUSIP: 91911TAR4<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     78000 | PA      | $81064.62     | 0.07%             | 2033-06-12      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                            | Vale Overseas Ltd                                                                              | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     48000 | PA      | $48392.16     | 0.04%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                 | Ventas Realty LP                                                                               | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     14000 | PA      | $13922.02     | 0.01%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                 | Ventas Realty LP                                                                               | CUSIP: 92277GAX5<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     34000 | PA      | $34847.28     | 0.03%             | 2034-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VCK8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     41000 | PA      | $35735.19     | 0.03%             | 2046-08-21      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VCQ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     51000 | PA      | $48529.05     | 0.04%             | 2034-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     18000 | PA      | $12555.90     | 0.01%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     14000 | PA      | $9315.60      | 0.01%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19224.00     | 0.02%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     49000 | PA      | $42773.08     | 0.04%             | 2032-03-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                                     | CUSIP: 92343VHC1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64754.95     | 0.06%             | 2037-07-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                             | Verisk Analytics Inc                                                                           | CUSIP: 92345YAJ5<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69652.80     | 0.06%             | 2034-06-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2025-9                                                              | CUSIP: 92490EAA1<br>LEI: 2138002AFCEWDDRL8N22 | Long             | ABS-MBS          | CORP              | US        |    574631 | PA      | $571257.62    | 0.50%             | 2070-10-27      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2025-8                                                              | CUSIP: 924930AC4<br>LEI: 213800K8E68XJS6Z1D09 | Long             | ABS-MBS          | CORP              | US        |    304666 | PA      | $302860.09    | 0.27%             | 2070-09-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2025-11                                                             | CUSIP: 924935AC3<br>LEI: 213800H1O4C5SRNN4B66 | Long             | ABS-MBS          | CORP              | US        |   1181988 | PA      | $1174527.40   | 1.03%             | 2070-11-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                     | State Street Institutional US Government Money Market Fund                                     | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     37018 | NS      | $37018.14     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                     | State Street Institutional US Government Money Market Fund                                     | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  14471300 | NS      | $14471300.48  | 12.68%            |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                                      | Viatris Inc                                                                                    | CUSIP: 92556VAF3<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |     18000 | PA      | $11785.50     | 0.01%             | 2050-06-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                               | Expand Energy Corp                                                                             | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205448.95    | 0.18%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                         | Virginia Electric and Power Co                                                                 | CUSIP: 927804FW9<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     23000 | PA      | $17631.34     | 0.02%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                         | Vistra Operations Co LLC                                                                       | CUSIP: 92840VAS1<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37112.40     | 0.03%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                     | Vontier Corp                                                                                   | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     43000 | PA      | $41214.21     | 0.04%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                     | Vontier Corp                                                                                   | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     34000 | PA      | $30896.82     | 0.03%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP                                | Vornado Realty LP                                                                              | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              |  | US        |    498000 | PA      | $495644.46    | 0.43%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                      | Walmart Inc                                                                                    | CUSIP: 931142ET6<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19507.18     | 0.02%             | 2031-09-22      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                      | Walmart Inc                                                                                    | CUSIP: 931142EU3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     24000 | PA      | $17181.84     | 0.02%             | 2041-09-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                      | Walmart Inc                                                                                    | CUSIP: 931142EV1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     12000 | PA      | $7389.72      | 0.01%             | 2051-09-22      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 94974BGU8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     32000 | PA      | $26831.68     | 0.02%             | 2046-12-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U2D4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31815.68     | 0.03%             | 2029-01-24      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    241000 | PA      | $240308.33    | 0.21%             | 2027-06-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U2Q5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     39000 | PA      | $29282.76     | 0.03%             | 2041-04-30      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     77000 | PA      | $75157.39     | 0.07%             | 2028-06-02      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U3H4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     53000 | PA      | $57314.20     | 0.05%             | 2034-10-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45788.40     | 0.04%             | 2035-01-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                               | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     63000 | PA      | $64205.82     | 0.06%             | 2031-01-24      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                             | Westpac Banking Corp                                                                           | CUSIP: 961214EF6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     22000 | PA      | $21448.46     | 0.02%             | 2034-07-24      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                           | Williams Cos Inc/The                                                                           | CUSIP: 969457CA6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14411.84     | 0.01%             | 2052-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                           | Williams Cos Inc/The                                                                           | CUSIP: 96949LAE5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7696.80      | 0.01%             | 2048-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                           | Williams Cos Inc/The                                                                           | CUSIP: 96950FAP9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19275.30     | 0.02%             | 2045-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                         | Willis North America Inc                                                                       | CUSIP: 970648AK7<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     18000 | PA      | $13014.90     | 0.01%             | 2049-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                      | Workday Inc                                                                                    | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30723.79     | 0.03%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                      | Workday Inc                                                                                    | CUSIP: 98138HAH4<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     62000 | PA      | $60424.58     | 0.05%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                       | Zoetis Inc                                                                                     | CUSIP: 98978VAN3<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8916.57      | 0.01%             | 2028-08-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                       | Zoetis Inc                                                                                     | CUSIP: 98978VAV5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     60000 | PA      | $62812.80     | 0.06%             | 2032-11-16      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                  | Long: B96ZAV0E1 CDS USD R V 03MEVENT 1 CCPCDX / Short: B96ZAV0E1 CDS USD P F  1.00000 2 CCPCDX | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  25000000 | OU      | $-455971.34   | -0.40%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US LONG BOND(CBT) JUN26                                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -3 | NC      | $6841.50      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US ULTRA BOND CBT JUN26                                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        35 | NC      | $-52295.88    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)JUN26                                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        24 | NC      | $-50268.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) JUN26                                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        78 | NC      | $-123835.50   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) JUN26                                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -64 | NC      | $98452.09     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR ULTRA FUT JUN26                                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        28 | NC      | $-67396.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** ELFUN INCOME FUND

**Signature:** Arthur Jensen

**Name of Signer:** Arthur Jensen

**Title:** Deputy Treasurer