# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-26-025027
**Filing Date:** 2026-6
**Character Count:** 141727
**Document Hash:** 1d456297effcaea60dcb01034b3deace
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-025027.hdr.sgml**: 20260622

**ACCESSION NUMBER**: 0000940400-26-025027

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260622

**DATE AS OF CHANGE**: 20260622

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 261107525

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Emerging Markets Bond Fund (Series ID: S000011762)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000032187 | Payden Emerging Markets Bond Fund (Investor Class) | PYEMX           |
| C000080937 | Payden Emerging Markets Bond Fund (Adviser Class)  | PYEWX           |
| C000115587 | Payden Emerging Markets Bond Fund (SI Class)       | PYEIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Emerging Markets Bond Fund

- **b. EDGAR series identifier (if any):** S000011762

- **c. LEI of Series:** M4EUXO8K6TPQMCE8GH31

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1027597436.46

**Total Liabilities:** $33472862.76

**Net Assets:** $994124573.70

**Delayed Delivery Securities:** $12206534.32

**Cash Not Reported:** $16990808.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 718.00000000 | **5-Year:** 6547.00000000 | **10-Year:** 56903.00000000 | **30-Year:** 187396.00000000

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

- **3-Month:** 3.00000000 | **1-Year:** 542.00000000 | **5-Year:** 42748.00000000 | **10-Year:** 114993.00000000 | **30-Year:** 138558.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032187 | 1.31%                | -4.13%               | 3.06%                |
| Class ID C000080937 | 1.29%                | -4.15%               | 3.04%                |
| Class ID C000115587 | 1.40%                | -4.14%               | 2.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4576318.52              | $3626530.90                                |
| Month 2  | $-178696.18              | $-47691537.87                              |
| Month 3  | $342629.47               | $26077850.89                               |

**Designated Index Information**

- **Index Name:** JP Morgan EMBI Global Diversified Index

- **Index Identifier:** EMBIGLDIV

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MORGAN STANLEY & CO. LLC                                            | USD/PEN FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $480174.43    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/BRL FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-1531112.37  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| OMAN, GOVERNMENT OF THE SULTANATE OF                                | OMAN 7.375 10/28/32 144A                               | CUSIP: 68205LAE3<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     1870000 | PA      | $2132682.06   | 0.21%             | 2032-10-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SABLE INTERNATIONAL FINANCE LTD                                     | CWCLN 7.125 10/15/32 144A                              | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |     2560000 | PA      | $2555986.79   | 0.26%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 0 02/01/30 REGS                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       78912 | PA      | $50130.86     | 0.01%             | 2030-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO   | ECUA 5 07/31/40 144A                                   | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     3042050 | PA      | $2547716.88   | 0.26%             | 2040-07-31      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPORACION NACIONAL DEL COBRE DEL CHILE SA                         | CDEL 6.3 09/08/53 144A                                 | CUSIP: 21987BBH0<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     1760000 | PA      | $1797384.16   | 0.18%             | 2053-09-08      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 6.6 11/27/26 GMTN                                | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     3365000 | PA      | $854459.14    | 0.09%             | 2026-11-27      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS SA DE CV                                        | PEMEX 6.95 01/28/60                                    | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      860000 | PA      | $716767.00    | 0.07%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZAKHSTAN JSC                                  | DBKAZ 16.95 05/08/29 144A                              | CUSIP: 48129VAH9<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |  1002000000 | PA      | $2162599.26   | 0.22%             | 2029-05-08      | Fixed         | 16.95%                | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS SA DE CV                                        | PEMEX 5.95 01/28/31                                    | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     5015000 | PA      | $4909459.33   | 0.49%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NAVOIYURAN STATE ENTERPRISE                                         | NAVYUR 6.7 07/02/30 144A                               | CUSIP: 85679AAA6<br>LEI: 254900ACNT2MA4KNLL55 | Long             | DBT              | NUSS              | UZ        |     2975000 | PA      | $3045297.49   | 0.31%             | 2030-07-02      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/CHF FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $178294.55    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 0 01/03/30 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |       18535 | PA      | $16334.34     | 0.00%             | 2030-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                           | ANGOL 9.375 03/31/33 144A                              | CUSIP: 035198AK6<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     2310000 | PA      | $2448975.86   | 0.25%             | 2033-03-31      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/29 144A                               | CUSIP: 903724BZ4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      109127 | PA      | $85240.97     | 0.01%             | 2029-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA, KINGDOM OF                                            | KSA 5.25 01/16/50 144A                                 | CUSIP: 80413TAL3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     2935000 | PA      | $2679854.29   | 0.27%             | 2050-01-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAEL LTD                                                            | SAELLT 7.8 07/31/31 144A                               | CUSIP: 78637MAA6<br>LEI: 335800MZQ5VPQKTJ3251 | Long             | DBT              | CORP              | IN        |     1472738 | PA      | $1508257.51   | 0.15%             | 2031-07-31      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | REPHUN 5.5 06/16/34 144A                               | CUSIP: 445545AQ9<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     8030000 | PA      | $8151909.05   | 0.82%             | 2034-06-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 8.375 03/24/29 144A                             | CUSIP: 65412JAU7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     2190000 | PA      | $2342949.73   | 0.24%             | 2029-03-24      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 8.25 01/30/37 144A                              | CUSIP: 221625AU0<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     4025000 | PA      | $4321173.95   | 0.43%             | 2037-01-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| COLBUN SA                                                           | COLBUN 5.375 09/11/35 144A                             | CUSIP: 192714AF0<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |      800000 | PA      | $795000.00    | 0.08%             | 2035-09-11      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| QATAR, STATE OF - MINISTRY OF FINANCE, ECONOMY AND COMMERCE         | QATAR 4.817 03/14/49 144A                              | CUSIP: 74727PBB6<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     1790000 | PA      | $1631372.12   | 0.16%             | 2049-03-14      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/CHF FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-211813.76   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 6 09/24/44 144A                                 | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     4290000 | PA      | $4694147.14   | 0.47%             | 2044-09-24      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BAITEREK NATIONAL INVESTMENT HOLDING JSC                            | BAINAT 5.2 05/06/33 144A                               | CUSIP: 05709XAA8<br>LEI: 984500B4F78F04253804 | Long             | DBT              | NUSS              | KZ        |     1635000 | PA      | $1623228.00   | 0.16%             | 2033-05-06      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BRAZIL 8.25 01/20/34                                   | CUSIP: 105756BB5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     2750000 | PA      | $3164562.50   | 0.32%             | 2034-01-20      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST 2.0                                                 | EGUATE 6.35 09/15/35 144A                              | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |     2415000 | PA      | $2423813.71   | 0.24%             | 2035-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| STAR ENERGY GEOTHERMAL DARAJAT II LTD                               | STENGE 4.85 10/14/38 144A                              | CUSIP: 85513LAB0<br>LEI: 254900A5FGTHUYFJ7K08 | Long             | DBT              | CORP              | BM        |     1840000 | PA      | $1741618.38   | 0.18%             | 2038-10-14      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTION BV                                        | YPANBR 8.947 07/31/42 144A                             | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     1442618 | PA      | $1598191.07   | 0.16%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 6.875 01/14/38                                  | CUSIP: 900123DU1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     2910000 | PA      | $2789868.77   | 0.28%             | 2038-01-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 0 07/03/26 144A                                  | CUSIP: 374422AL7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      176479 | PA      | $174833.89    | 0.02%             | 2026-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE                       | EGYPT 8.75 09/30/51 144A                               | CUSIP: 03846JAF7<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     2645000 | PA      | $2449121.01   | 0.25%             | 2051-09-30      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHOSPHATES SA                                  | OCPMR 6.1 04/30/30 144A                                | CUSIP: 67091TAH8<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |      965000 | PA      | $985415.87    | 0.10%             | 2030-04-30      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/ZAR FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $98067.41     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 4.625 04/03/49 144A                             | CUSIP: 77587RAA7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2726000 | PA      | $2414935.17   | 0.24%             | 2049-04-03      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COMPANIA DE MINAS BUENAVENTURA SA                                   | BUENAV 6.8 02/04/32 144A                               | CUSIP: 204448AB0<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |     2163000 | PA      | $2222871.84   | 0.22%             | 2032-02-04      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| ALFA TRANSMISORA DE ENERGIA SA                                      | ALFACL 4.55 09/27/51 144A                              | CUSIP: 01538TAA3<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |     7179933 | PA      | $5699849.10   | 0.57%             | 2051-09-27      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BAHAMAS, COMMONWEALTH OF                                            | BAHAMA 8.25 06/24/36 144A                              | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |     5740000 | PA      | $6404060.60   | 0.64%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKGB 36.78 10/13/27 2Y                               | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   122165000 | PA      | $2664794.74   | 0.27%             | 2027-10-13      | Fixed         | 36.78%                | No            |                  2 | On Loan: No      |
| PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO            | PERU 6.9 08/12/37 144A                                 | CUSIP: 715638AV4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    19995000 | PA      | $5779535.83   | 0.58%             | 2037-08-12      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                      | GASBCM 5.8528 02/23/36 144A                            | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     1700000 | PA      | $1739505.54   | 0.17%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHOSPHATES SA                                  | OCPMR 6.7 03/01/36 144A                                | CUSIP: 67091TAJ4<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     1700000 | PA      | $1775591.25   | 0.18%             | 2036-03-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PHILIPPINES, REPUBLIC OF - DEPARTMENT OF FINANCE                    | PHILIP 3.7 03/01/41                                    | CUSIP: 718286CA3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     4565000 | PA      | $3707503.78   | 0.37%             | 2041-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                                                  | SAAVIE 8.875 02/10/35 144A                             | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |     1990000 | PA      | $2215964.50   | 0.22%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/INR FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $30199.29     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS SA DE CV                                        | PEMEX 7.69 01/23/50                                    | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     8745000 | PA      | $8003294.66   | 0.81%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                                                 | SHFLIN 6.15 04/03/28 144A                              | CUSIP: 82556FAB8<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     2490000 | PA      | $2542822.56   | 0.26%             | 2028-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| BBVA MEXICO SA TEXAS BRANCH                                         | BBVASM V8.45 06/29/38 144A                             | CUSIP: 07336UAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1300000 | PA      | $1432150.36   | 0.14%             | 2038-06-29      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| POLAND, REPUBLIC OF - STATE TREASURY                                | POLAND 5.5 03/18/54 30Y                                | CUSIP: 731011AZ5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     4790000 | PA      | $4470276.60   | 0.45%             | 2054-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PARAGUAY, REPUBLIC OF - MINISTRY OF FINANCE                         | PARGUY 6.65 03/04/55 144A                              | CUSIP: 699149BY5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      750000 | PA      | $793312.50    | 0.08%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS HOLDINGS INC                               | C 0 09/24/26 Emtn                                      | CUSIP: 173074ZV0<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |  3487000000 | PA      | $2349481.14   | 0.24%             | 2026-09-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PARAGUAY, REPUBLIC OF - MINISTRY OF FINANCE                         | PARGUY 5.6 03/13/48 144A                               | CUSIP: 699149AF7<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     2255000 | PA      | $2114062.50   | 0.21%             | 2048-03-13      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY      | PANAMA 8 03/01/38                                      | CUSIP: 698299BY9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     5750000 | PA      | $6826687.50   | 0.69%             | 2038-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 4.3 10/12/28 12Y                                  | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     3520000 | PA      | $3487560.67   | 0.35%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 5 07/03/29 144A                                  | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     3822432 | PA      | $3752242.93   | 0.38%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | INR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-403067.96   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| MOROCCO, KINGDOM OF - MINISTRY OF FINANCE AND FOREIGN INVESTMENT    | MOROC 4.75 04/02/35 144A                               | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     5980000 | PA      | $7060767.13   | 0.71%             | 2035-04-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 5.15 03/10/34                                   | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     2075000 | PA      | $2384274.18   | 0.24%             | 2034-03-10      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 7.1 11/19/36 144A                                 | CUSIP: 836205BF0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     1905000 | PA      | $1993710.52   | 0.20%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA, KINGDOM OF                                            | KSA 3.45 02/02/61 144A                                 | CUSIP: 80413TAW9<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     7025000 | PA      | $4399504.32   | 0.44%             | 2061-02-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/35 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      577845 | PA      | $349839.13    | 0.04%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| ALBANIA, REPUBLIC OF - MINISTRY OF FINANCE (MINISTRIA E FINANCAVE)  | ALBANI 4.75 02/14/35 144A                              | CUSIP: 000000000<br>LEI: 254900EDM43U3SGRND29 | Long             | DBT              | NUSS              | AL        |     2790000 | PA      | $3256869.53   | 0.33%             | 2035-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BNTNF 10 01/01/31 NTNF                                 | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    69000000 | PA      | $12261787.14  | 1.23%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE             | VENZ 9.25 09/15/27                                     | CUSIP: 922646AS3<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     4870000 | PA      | $2570142.50   | 0.26%             | 2027-09-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 7.696 02/23/38 144A                             | CUSIP: 65412JAH6<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     4575000 | PA      | $4694188.13   | 0.47%             | 2038-02-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| CORPORACION NACIONAL DEL COBRE DEL CHILE SA                         | CDEL 6.78 01/13/55 144A                                | CUSIP: 21987BBM9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     2530000 | PA      | $2712716.60   | 0.27%             | 2055-01-13      | Fixed         | 6.78%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                          | USD/PEN FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-74796.93    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY      | PANAMA 4.5 04/16/50                                    | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     2845000 | PA      | $2292358.75   | 0.23%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BNTNF 10 01/01/33 NTNF                                 | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    28500000 | PA      | $4862114.85   | 0.49%             | 2033-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 4.875 05/16/36                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     2070000 | PA      | $2404583.51   | 0.24%             | 2036-05-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| POLAND, REPUBLIC OF - STATE TREASURY                                | POLAND 5.5 04/04/53 30Y                                | CUSIP: 731011AW2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     2900000 | PA      | $2711181.49   | 0.27%             | 2053-04-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 7.5 02/10/37 144A                               | CUSIP: 77586RAW0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2550000 | PA      | $2725642.37   | 0.27%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LIMAK CIMENTO SANAYI VE TICARET AS                                  | LIMAK 9.75 07/25/29 144A                               | CUSIP: 53263AAA6<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |     1655000 | PA      | $1673686.80   | 0.17%             | 2029-07-25      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 6.6 06/01/36 144a                               | CUSIP: 25714PEZ7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     1580000 | PA      | $1627005.00   | 0.16%             | 2036-06-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE             | VENZ 7.75 10/13/19                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    12420000 | PA      | $5710095.00   | 0.57%             | 2019-10-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | REPHUN 3.125 09/21/51 144A                             | CUSIP: 445545AN6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     5150000 | PA      | $3230394.15   | 0.32%             | 2051-09-21      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 6.65 02/26/30 GMTN                               | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     1096000 | PA      | $282207.93    | 0.03%             | 2030-02-26      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                        | USD/MYR FORWARD                                        | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |           1 | NC      | $72306.06     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| URUGUAY, REPUBLICA ORIENTAL DEL - MINISTERIO DE ECONOMIA Y FINANZAS | URUGUA 5.442 02/14/37                                  | CUSIP: 760942BH4<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     2210000 | PA      | $2282598.50   | 0.23%             | 2037-02-14      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 7.3 04/20/52 30Y                                  | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     3690000 | PA      | $3544931.78   | 0.36%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO            | PERU 3.6 01/15/72                                      | CUSIP: 715638DW9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     5785000 | PA      | $3636017.13   | 0.37%             | 2072-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO   | ECUA 6.9 07/31/35 144A                                 | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     6748500 | PA      | $6245736.75   | 0.63%             | 2035-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BNTNB 6 08/15/50 NTNB                                  | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    26970082 | PA      | $4807174.43   | 0.48%             | 2050-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MUTHOOT FINANCE LTD                                                 | MUTHIN 6.375 03/02/30 144A                             | CUSIP: 62828L2E2<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |     1910000 | PA      | $1928416.91   | 0.19%             | 2030-03-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| POLAND, REPUBLIC OF - STATE TREASURY                                | POLAND 5.375 02/12/35 10Y                              | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     2230000 | PA      | $2275369.53   | 0.23%             | 2035-02-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                         | GS 0 11/05/26 EmtN                                     | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | Long             | DBT              | CORP              | GB        |   358000000 | PA      | $5988439.26   | 0.60%             | N/A             | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COSTA RICA, REPUBLIC OF                                             | COSTAR 6.55 04/03/34 144A                              | CUSIP: 221597CR6<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     7215000 | PA      | $7771456.88   | 0.78%             | 2034-04-03      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 5.75 03/24/35 144A                              | CUSIP: 77586RAV2<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     9020000 | PA      | $8694097.21   | 0.87%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | RON/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-237012.15   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                                               | BEEFBZ 4.375 03/18/31 144A                             | CUSIP: 603374AF6<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |      445000 | PA      | $399960.75    | 0.04%             | 2031-03-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                            | YKBNK V9.743 PERP 144A                                 | CUSIP: 984848AS0<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     1705000 | PA      | $1760961.60   | 0.18%             | N/A             | Fixed         | 9.74%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 5 07/03/35 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      160080 | PA      | $147317.52    | 0.01%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | REPHUN 2.125 09/22/31 144A                             | CUSIP: 445545AM8<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     8385000 | PA      | $7303514.02   | 0.73%             | 2031-09-22      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GABON, REPUBLIC OF - MINISTRY OF PUBLIC ACCOUNTS AND DEBT           | GABON 6.625 02/06/31 144A                              | CUSIP: 362420AD3<br>LEI: 213800ZIWIDL1KU8MB19 | Long             | DBT              | NUSS              | GA        |     5848000 | PA      | $4944520.84   | 0.50%             | 2031-02-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                                                | KALLPA 5.5 09/11/35 144A                               | CUSIP: 48344FAC4<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |     3430000 | PA      | $3423483.00   | 0.34%             | 2035-09-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO     | COLOM 7.75 11/07/36                                    | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     5090000 | PA      | $5372495.00   | 0.54%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 4.875 01/30/32 144A                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      579000 | PA      | $653682.42    | 0.07%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EL SALVADOR, REPUBLIC OF - MINISTRY OF FINANCE                      | ELSALV 9.25 04/17/30 144A                              | CUSIP: 283875CE0<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     1445000 | PA      | $1551626.55   | 0.16%             | 2030-04-17      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ABU DHABI DEVELOPMENTAL HOLDING CO PJSC                             | ADQABU 5.25 10/02/54 144A                              | CUSIP: 00402D2D6<br>LEI: 254900G082ZFKTCR2Q75 | Long             | DBT              | NUSS              | AE        |     2415000 | PA      | $2192389.79   | 0.22%             | 2054-10-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC                                         | CHF/USD FORWARD                                        | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-12419.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                            | SRILAN 3.35 03/15/33 144A                              | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     2840000 | PA      | $2541017.41   | 0.26%             | 2033-03-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 6.875 05/13/37                                     | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1330000 | PA      | $1405743.50   | 0.14%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NAVOI MINING AND METALLURGICAL CO JSC                               | NAVOIM 6.75 05/14/30 144A                              | CUSIP: 63890CAC8<br>LEI: 213800YLNAGERZ4C3M60 | Long             | DBT              | CORP              | UZ        |     3555000 | PA      | $3703575.22   | 0.37%             | 2030-05-14      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 5.625 02/22/36 144A                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     1430000 | PA      | $1636735.56   | 0.16%             | 2036-02-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 6 07/19/28 144A                                 | CUSIP: 25714PDZ8<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     3540000 | PA      | $3597171.00   | 0.36%             | 2028-07-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA SA                                           | PDVSA 5.375 04/12/27                                   | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     3630000 | PA      | $1374862.50   | 0.14%             | 2027-04-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO            | PERU 6.2 06/30/55                                      | CUSIP: 715638FD9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     5890000 | PA      | $5981000.50   | 0.60%             | 2055-06-30      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BRAZIL 5.5 02/04/33                                    | CUSIP: 105756CP3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     2850000 | PA      | $2810955.00   | 0.28%             | 2033-02-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 5 07/03/35 144A                                  | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    11617542 | PA      | $10691326.04  | 1.08%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 3 02/27/27 144A                                 | CUSIP: 77586RAK6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     3000000 | PA      | $2956089.00   | 0.30%             | 2027-02-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                              | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          84 | NC      | $-375103.88   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | ARS/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $292203.29    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| INDUSTRIAL SUBORDINATED TRUST 2.0                                   | BANGUA V6.55 04/15/36 144A                             | CUSIP: 456349AA7<br>LEI: 254900WSJBB5525DL518 | Long             | DBT              | CORP              | KY        |     1610000 | PA      | $1636967.50   | 0.16%             | 2036-04-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 9.125 07/13/30                                  | CUSIP: 900123DJ6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     2755000 | PA      | $3050584.72   | 0.31%             | 2030-07-13      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA, KINGDOM OF                                            | KSA 3.75 01/21/55 144A                                 | CUSIP: 80413TAR0<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     5655000 | PA      | $3911406.91   | 0.39%             | 2055-01-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LIBERTY COSTA RICA SENIOR SECURED FINANCE                           | LBTCOR 10.875 01/15/31 144A                            | CUSIP: 530371AA1<br>LEI: 549300W6O2PHTPCYQ751 | Long             | DBT              | CORP              | KY        |     2452000 | PA      | $2581392.04   | 0.26%             | 2031-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 6.2 02/26/25 GMTN                                | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     4045000 | PA      | $1029945.99   | 0.10%             | 2025-02-26      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| EL SALVADOR, REPUBLIC OF - MINISTRY OF FINANCE                      | ELSALV 0.25 04/17/30 144a                              | CUSIP: 283875CD2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     2720000 | PA      | $111520.00    | 0.01%             | 2030-04-17      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO   | ECUA 8.75 01/29/34 144A                                | CUSIP: 27927WAQ5<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    11405000 | PA      | $11661612.50  | 1.17%             | 2034-01-29      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GUATEMALA, REPUBLIC OF - MINISTRY OF PUBLIC FINANCE                 | GUATEM 5.375 04/24/32 144A                             | CUSIP: 401494AS8<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     4035000 | PA      | $4092700.50   | 0.41%             | 2032-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MONTENEGRO, REPUBLIC OF - MINISTRY OF FINANCE                       | MONTEN 7.25 03/12/31 144A                              | CUSIP: 857305AA4<br>LEI: 747800V014106FYLL014 | Long             | DBT              | NUSS              | ME        |     1705000 | PA      | $1797093.00   | 0.18%             | 2031-03-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                | PETMK 4.55 04/21/50 144A                               | CUSIP: 716743AR0<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     1805000 | PA      | $1569043.60   | 0.16%             | 2050-04-21      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                          | CNH/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-127102.75   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ZAMBIA, REPUBLIC OF - MINISTRY OF FINANCE                           | ZAMBIN 0.5 12/31/53 144A                               | CUSIP: 988895AR9<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     2326963 | PA      | $1594677.19   | 0.16%             | 2053-12-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARLIK KIRALAMA AS                              | TURKSK 8.5091 01/14/29 144A                            | CUSIP: 421790AK2<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |     4230000 | PA      | $4512528.76   | 0.45%             | 2029-01-14      | Fixed         | 8.51%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SAGB 8.5 01/31/37 2037                                 | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   155585000 | PA      | $8992863.53   | 0.90%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                            | SRILAN 3.1 01/15/30 144A                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     5550840 | PA      | $5292085.82   | 0.53%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| EL SALVADOR, REPUBLIC OF - MINISTRY OF FINANCE                      | ELSALV 7.625 02/01/41 144A                             | CUSIP: 283875AQ5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     1165000 | PA      | $1165058.25   | 0.12%             | 2041-02-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ESENTIA GAS ENTERPRISES SRL DE CV                                   | FERMCA 6.375 03/30/38 144A                             | CUSIP: 31503AAA2<br>LEI: 549300HYMZDEHWD3X752 | Long             | DBT              | CORP              | MX        |     3029406 | PA      | $3100507.07   | 0.31%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO            | PERU 5.875 08/08/54                                    | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     4540000 | PA      | $4429905.00   | 0.45%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA SA                                           | PDVSA 12.75 02/17/22 REGS                              | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     6540000 | PA      | $3364830.00   | 0.34%             | 2022-02-17      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PERU SA                                        | BCP V3.25 09/30/31 144A                                | CUSIP: 05971U2D8<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |      450000 | PA      | $446378.72    | 0.04%             | 2031-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Dangote Fertiliser Ltd.                                             | DANGFE 7.75 05/05/31 144A                              | CUSIP: 236158AA9<br>LEI: 029200238F8L0Z95I549 | Long             | DBT              | CORP              | NG        |     1720000 | PA      | $1752250.00   | 0.18%             | 2031-05-05      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                          | CNH/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $8943.89      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BRAZIL 6.25 05/22/36                                   | CUSIP: 105756CQ1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     6080000 | PA      | $6052640.00   | 0.61%             | 2036-05-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/34 144A                               | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     3947407 | PA      | $2426303.55   | 0.24%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE                        | INDON 4.45 04/15/70                                    | CUSIP: 455780CU8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     8235000 | PA      | $6440646.20   | 0.65%             | 2070-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 6 02/22/33 144A                                 | CUSIP: 25714PEN4<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     2780000 | PA      | $2780695.00   | 0.28%             | 2033-02-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SAGB 10 03/31/33 2033                                  | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    76195000 | PA      | $4899533.22   | 0.49%             | 2033-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UZBEKISTAN, REPUBLIC OF - MINISTRY OF FINANCE                       | UZBEK 12.25 04/13/29 144A                              | CUSIP: 91824PAE7<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        | 28420000000 | PA      | $2373808.97   | 0.24%             | 2029-04-13      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| EIG PEARL HOLDINGS SARL                                             | EIGPRL 4.387 11/30/46 144A                             | CUSIP: 28249NAB7<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |     3835000 | PA      | $3156145.17   | 0.32%             | 2046-11-30      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| EL SALVADOR, REPUBLIC OF - MINISTRY OF FINANCE                      | ELSALV 9.65 11/21/54 144A                              | CUSIP: 283875CG5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     2615000 | PA      | $2951812.00   | 0.30%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO   | ECUA 9.25 01/29/39 144A                                | CUSIP: 27927WAR3<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     4145000 | PA      | $4300437.50   | 0.43%             | 2039-01-29      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 5.875 06/22/30 12Y                                | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     4450000 | PA      | $4540825.43   | 0.46%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                              | 10-Year T-Note Futures, Jun-2026,ETH                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          59 | NC      | $-26936.45    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SCOTIABANK PERU SAA                                                 | BNSPE V6.1 10/01/35 144A                               | CUSIP: 80928HAB9<br>LEI: 5493001E54CPRG5J5Q41 | Long             | DBT              | CORP              | PE        |     1635000 | PA      | $1679962.50   | 0.17%             | 2035-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: —       |
| KAZAKHSTAN, REPUBLIC OF - MINISTRY OF FINANCE                       | KAZAKS 4.714 04/09/35 144A                             | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     8125000 | PA      | $8013337.64   | 0.81%             | 2035-04-09      | Fixed         | 4.71%                 | No            |                  2 | On Loan: —       |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MBONO 7.5 05/26/33 M                                   | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    81730000 | PA      | $4305743.06   | 0.43%             | 2033-05-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 6.375 03/03/28 144A                             | CUSIP: 221625AM8<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     1142571 | PA      | $1157675.21   | 0.12%             | 2028-03-03      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 4.875 05/19/33                                     | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1990000 | PA      | $1902440.00   | 0.19%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BENIN, REPUBLIC OF - MINISTRY OF FINANCE                            | BENIN 7.96 02/13/38 144A                               | CUSIP: 08205QAA6<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     1395000 | PA      | $1437098.55   | 0.14%             | 2038-02-13      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                          | FMCN 8.625 06/01/31 144A                               | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     1720000 | PA      | $1795599.16   | 0.18%             | 2031-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINANCE BV                                      | EMBRBZ 5.98 02/11/35                                   | CUSIP: 29082HAE2<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     1765000 | PA      | $1841115.63   | 0.19%             | 2035-02-11      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD DE TRANSMISION AUSTRAL SA                                  | STASCL 4 01/27/32 144A                                 | CUSIP: 83364AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     1510000 | PA      | $1441002.20   | 0.14%             | 2032-01-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 0 01/03/30 144A                                  | CUSIP: 374422AN3<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      556264 | PA      | $490217.71    | 0.05%             | 2030-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                              | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -285 | NC      | $77008.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 7.25 12/11/55 144A                                | CUSIP: 836205BJ2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     2970000 | PA      | $2802410.33   | 0.28%             | 2055-12-11      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/35 144A                               | CUSIP: 903724CB6<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     3561258 | PA      | $2156059.74   | 0.22%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 5.85 07/02/32                                      | CUSIP: 91087BBE9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     2120000 | PA      | $2156252.00   | 0.22%             | 2032-07-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SERBIA, REPUBLIC OF - MINISTRY OF FINANCE                           | SERBIA 4.875 05/06/38 144A                             | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     2090000 | PA      | $2394794.09   | 0.24%             | 2038-05-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE             | VENZ 8.25 10/13/24                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     4360000 | PA      | $2109150.00   | 0.21%             | 2024-10-13      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LTD                                           | MPEL 7.625 04/17/32 144A                               | CUSIP: 58547DAH2<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     3470000 | PA      | $3581815.51   | 0.36%             | 2032-04-17      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 5.65 09/27/47 30Y                                 | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     8835000 | PA      | $7148551.96   | 0.72%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELECTRICIDAD                                    | CFELEC 6.045 01/28/34 144A                             | CUSIP: 200447AQ3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     1320000 | PA      | $1304991.60   | 0.13%             | 2034-01-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                            | SRILAN 4 04/15/28 144A                                 | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     1843098 | PA      | $1760597.09   | 0.18%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO            | PERUGB 6.85 08/12/35                                   | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    85721000 | PA      | $25497603.68  | 2.56%             | 2035-08-12      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                        | USD/THB FORWARD                                        | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |           1 | NC      | $76280.34     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/36 144A                               | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     2892488 | PA      | $1719798.91   | 0.17%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| BBVA MEXICO SA TEXAS BRANCH                                         | BBVASM V5.125 01/18/33 144A                            | CUSIP: 05533UAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2785000 | PA      | $2742389.50   | 0.28%             | 2033-01-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: —       |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 6 01/27/23 10Y                                   | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     4065000 | PA      | $1030985.63   | 0.10%             | 2023-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHILE, REPUBLIC OF - MINISTRY OF FINANCE                            | CHILE 3.1 05/07/41                                     | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     2765000 | PA      | $2122828.75   | 0.21%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| COSTA RICA, REPUBLIC OF                                             | COSTAR 7.3 11/13/54 144A                               | CUSIP: 221597CV7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     2775000 | PA      | $3130546.88   | 0.31%             | 2054-11-13      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MBONO 8 04/15/32 M                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   138980000 | PA      | $7604688.92   | 0.76%             | 2032-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 6.85 05/25/29 EMTN                               | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     1210000 | PA      | $310459.57    | 0.03%             | 2029-05-25      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/29 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      588922 | PA      | $460017.09    | 0.05%             | 2029-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| OMAN, GOVERNMENT OF THE SULTANATE OF                                | OMAN 6.5 03/08/47 144A                                 | CUSIP: 682051AF4<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     2610000 | PA      | $2792572.97   | 0.28%             | 2047-03-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                           | ANGOL 8.75 04/14/32 144A                               | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     4595000 | PA      | $4793803.04   | 0.48%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | ZAR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-76229.92    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY      | PANAMA 4.3 04/29/53                                    | CUSIP: 698299BB9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     2480000 | PA      | $1918900.00   | 0.19%             | 2053-04-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                | PETMK 5.34 04/03/35 144A                               | CUSIP: 716743AW9<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     4930000 | PA      | $5091444.19   | 0.51%             | 2035-04-03      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN, REPUBLIC OF - MINISTRY OF FINANCE                       | UZBEK 3.7 11/25/30 144A                                | CUSIP: 91822Q2C0<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     4350000 | PA      | $4071574.60   | 0.41%             | 2030-11-25      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| QATAR, STATE OF - MINISTRY OF FINANCE, ECONOMY AND COMMERCE         | QATAR 5.103 04/23/48 144A                              | CUSIP: 74727PAY7<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     3050000 | PA      | $2904741.40   | 0.29%             | 2048-04-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BIOCEANICO SOVEREIGN CERTIFICATE LTD                                | PARCRT 0 06/05/34 144A                                 | CUSIP: 09076AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     2842523 | PA      | $2363842.28   | 0.24%             | 2034-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 0 02/01/30 144A                                 | CUSIP: 903724CD2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      593240 | PA      | $376871.35    | 0.04%             | 2030-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| INTERCORP PERU LTD                                                  | IFHBH 3.875 08/15/29 144A                              | CUSIP: 458652AB0<br>LEI: 549300L0OFVSOE4NSY75 | Long             | DBT              | CORP              | BS        |      515000 | PA      | $496071.18    | 0.05%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO            | ARGENT 4.125 07/09/35                                  | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    26610476 | PA      | $19891330.47  | 2.00%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/34 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      505614 | PA      | $310779.46    | 0.03%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SAGB 7 02/28/31 R213                                   | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   239825000 | PA      | $13636362.25  | 1.37%             | 2031-02-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                            | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-710339.89   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 6.125 09/28/28 144A                             | CUSIP: 65412JAR4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     1945000 | PA      | $1965410.60   | 0.20%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MOROCCO, KINGDOM OF - MINISTRY OF FINANCE AND FOREIGN INVESTMENT    | MOROC 6.5 09/08/33 144A                                | CUSIP: 617726AP9<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     1940000 | PA      | $2076057.26   | 0.21%             | 2033-09-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE             | VENZ 7.65 04/21/25                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     4560000 | PA      | $2164860.00   | 0.22%             | 2025-04-21      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 6 01/14/41 30Y                                  | CUSIP: 900123BJ8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     1070000 | PA      | $920752.88    | 0.09%             | 2041-01-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GUATEMALA, REPUBLIC OF - MINISTRY OF PUBLIC FINANCE                 | GUATEM 6.6 06/13/36 144A                               | CUSIP: 401494AW9<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     8680000 | PA      | $9331000.00   | 0.94%             | 2036-06-13      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS SA DE CV                                        | PEMEX 6.7 02/16/32                                     | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     5611000 | PA      | $5632798.74   | 0.57%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| KAZAKHSTAN, REPUBLIC OF - MINISTRY OF FINANCE                       | KAZAKS 5.5 07/01/37 144A                               | CUSIP: 486661BP5<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     3470000 | PA      | $3553249.26   | 0.36%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JORDAN, HASHEMITE KINGDOM OF - MINISTRY OF FINANCE                  | JORDAN 7.75 01/15/28 144A                              | CUSIP: 41809JAA3<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     1320000 | PA      | $1360435.30   | 0.14%             | 2028-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY      | PANAMA 5.662 02/23/38                                  | CUSIP: 698299CC6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     2310000 | PA      | $2328480.00   | 0.23%             | 2038-02-23      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| PLUSPETROL CAMISEA SA / PLUSPETROL LOTE 56 SA                       | PLUSCM 6.24 07/03/36 144A                              | CUSIP: 72941KAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |      490000 | PA      | $513203.95    | 0.05%             | 2036-07-03      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | CZK/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-108439.37   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 9.1297 01/13/46 144A                            | CUSIP: 65412AFG2<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     2490000 | PA      | $2754257.38   | 0.28%             | 2046-01-13      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| PARAGUAY, REPUBLIC OF - MINISTRY OF FINANCE                         | PARGUY 6 02/09/36 144A                                 | CUSIP: 699149AN0<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     4440000 | PA      | $4668660.00   | 0.47%             | 2036-02-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SANTA FE, PROVINCE OF                                               | PROVSF 8.1 12/11/34 144A                               | CUSIP: 74409AAE9<br>LEI: N/A                  | Long             | DBT              | NUSS              | AR        |     3325000 | PA      | $3266812.50   | 0.33%             | 2034-12-11      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 5.75 07/04/36 144A                              | CUSIP: 775921AA7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2760000 | PA      | $2603522.46   | 0.26%             | 2036-07-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE                       | EGYPT 6.375 04/11/31 144A                              | CUSIP: 038461AR0<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     7740000 | PA      | $8960259.46   | 0.90%             | 2031-04-11      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KENYA, GOVERNMENT OF                                                | KENINT 9.75 02/16/31 144A                              | CUSIP: 491798AM6<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     2260000 | PA      | $2390994.01   | 0.24%             | 2031-02-16      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| COSTA RICA, REPUBLIC OF                                             | COSTAR 7.158 03/12/45 144A                             | CUSIP: 221597BV8<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     4400000 | PA      | $4849680.00   | 0.49%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 6.95 03/15/37 144A                              | CUSIP: 25714PFB9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     5965000 | PA      | $6232530.25   | 0.63%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | REPHUN 6.25 09/22/32 144A                              | CUSIP: 445545AS5<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     2170000 | PA      | $2318033.23   | 0.23%             | 2032-09-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SURAT BERHARGA SYARIAH NEGARA INDONESIA III     | INDOIS 5.65 11/25/54 144A                              | CUSIP: 71567TAF9<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     4510000 | PA      | $4387331.52   | 0.44%             | 2054-11-25      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                              | 5-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         227 | NC      | $-311980.28   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 0 02/01/34 144A                                 | CUSIP: 903724CE0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      759110 | PA      | $360816.88    | 0.04%             | 2034-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                           | ANGOL 9.125 11/26/49 144A                              | CUSIP: 035198AE0<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     5850000 | PA      | $5599856.52   | 0.56%             | 2049-11-26      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO            | ARGENT 0.75 07/09/30                                   | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     6361200 | PA      | $5486853.06   | 0.55%             | 2030-07-09      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA (SPAIN) SA                                            | AICNRA 7.5 12/15/28 144A                               | CUSIP: 001355AA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |     1097536 | PA      | $1130565.90   | 0.11%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 6.338 05/04/53                                     | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     4920000 | PA      | $4648170.00   | 0.47%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| ZAMBIA, REPUBLIC OF - MINISTRY OF FINANCE                           | ZAMBIN 5.75 06/30/33 144A                              | CUSIP: 988895AQ1<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     3311470 | PA      | $3260757.88   | 0.33%             | 2033-06-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| CORPORACION INMOBILIARIA VESTA SAB DE CV                            | VESTA 5.5 01/30/33 144A                                | CUSIP: 21989DAB8<br>LEI: 4469000001BIRIFZJ959 | Long             | DBT              | CORP              | MX        |     3410000 | PA      | $3400213.30   | 0.34%             | 2033-01-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY      | PANAMA 5.227 02/23/34                                  | CUSIP: 698299CB8<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     3100000 | PA      | $3085895.00   | 0.31%             | 2034-02-23      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| CZECH, REPUBLIC - MINISTRY OF FINANCE                               | CZGB 3.6 06/03/36 157                                  | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |   108500000 | PA      | $4710445.90   | 0.47%             | 2036-06-03      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PAYDEN & RYGEL INVESTMENT GROUP (THE)                               | Payden Cash Reserves Money Market Fund                 | CUSIP: 704329598<br>LEI: 549300QJNYRKYZS3P282 | Long             | STIV             | RF                | US        |    24875651 | NS      | $24875651.46  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-24828.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/ARS FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $71438.60     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO            | ARGENT 5 01/09/38                                      | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     1580090 | PA      | $1229310.03   | 0.12%             | 2038-01-09      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                            | AFDB 0 04/05/46 EMTN                                   | CUSIP: 000000000<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | CI        |    67200000 | PA      | $723757.90    | 0.07%             | 2046-04-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | REPHUN 6 09/26/35 144A                                 | CUSIP: 445545AW6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     2155000 | PA      | $2242519.77   | 0.23%             | 2035-09-26      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO   | ECUA 0 07/31/30 144A                                   | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     4644000 | PA      | $3992679.00   | 0.40%             | 2030-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NAVOI MINING AND METALLURGICAL CO JSC                               | NAVOIM 6.95 10/17/31 144A                              | CUSIP: 63890CAB0<br>LEI: 213800YLNAGERZ4C3M60 | Long             | DBT              | CORP              | UZ        |     1770000 | PA      | $1882936.21   | 0.19%             | 2031-10-17      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 5.875 10/17/31 144A                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     1950000 | PA      | $2302259.40   | 0.23%             | 2031-10-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KENYA, GOVERNMENT OF                                                | KENINT 8.8 10/09/38 144A                               | CUSIP: 491798AQ7<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     1660000 | PA      | $1583220.73   | 0.16%             | 2038-10-09      | Fixed         | 8.80%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO E INVERSIONES SA                                   | BCICI V8.75 PERP 144A                                  | CUSIP: 05890MAC7<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     1550000 | PA      | $1665599.00   | 0.17%             | N/A             | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                            | SRILAN 3.6 05/15/36 144A                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     7413369 | PA      | $6999480.61   | 0.70%             | 2036-05-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| KENYA, GOVERNMENT OF                                                | KENINT 7.875 10/09/33 144A                             | CUSIP: 491798AP9<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     2755000 | PA      | $2631769.04   | 0.26%             | 2033-10-09      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                              | 2-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         225 | NC      | $-415987.74   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| PAKISTAN, ISLAMIC REPUBLIC OF                                       | PKSTAN 7.375 04/08/31 144A                             | CUSIP: 695847AT0<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     5595000 | PA      | $5401365.78   | 0.54%             | 2031-04-08      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE                        | INDON 6.625 02/17/37 144A                              | CUSIP: 455780AX4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     4105000 | PA      | $4546530.15   | 0.46%             | 2037-02-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                           | ANGOL 9.244 01/15/31 144A                              | CUSIP: 035198AH3<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     1975000 | PA      | $2109430.31   | 0.21%             | 2031-01-15      | Fixed         | 9.24%                 | No            |                  2 | On Loan: No      |
| GACI FIRST INVESTMENT COMPANY                                       | PIFKSA 5.375 10/13/22                                  | CUSIP: 000000000<br>LEI: 558600TU1PWGNLZ3XM88 | Long             | DBT              | CORP              | KY        |     2535000 | PA      | $2136569.66   | 0.21%             | 2122-10-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO            | ARGENT 3.5 07/09/41                                    | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     9357500 | PA      | $6470711.25   | 0.65%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| EL FONDO MIVIVIENDA SA                                              | MIVIVI 5.4 03/31/31 144A                               | CUSIP: 344593AG3<br>LEI: 549300X41PNOK11PZ670 | Long             | DBT              | NUSS              | PE        |     1340000 | PA      | $1352261.00   | 0.14%             | 2031-03-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 10.375 12/09/34 144A                            | CUSIP: 65412AFD9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     5990000 | PA      | $7181954.89   | 0.72%             | 2034-12-09      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| UZBEKISTAN, REPUBLIC OF - MINISTRY OF FINANCE                       | UZBEK 5.375 02/20/29 144A                              | CUSIP: 91822Q2A4<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |      250000 | PA      | $252245.91    | 0.03%             | 2029-02-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE                       | EGYPT 7.903 02/21/48 144A                              | CUSIP: 03846JW55<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     7130000 | PA      | $6165246.12   | 0.62%             | 2048-02-21      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL DE COMERCIO EXTERIOR SNC                             | BNCE 5.875 05/07/30 144A                               | CUSIP: 05974TAA5<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | NUSS              | MX        |     1475000 | PA      | $1519250.00   | 0.15%             | 2030-05-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                            | INR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $213686.18    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BAHRAIN, KINGDOM OF - MINISTRY OF FINANCE & NATIONAL ECONOMY        | BHRAIN 6.625 10/06/37 144A                             | CUSIP: 056909AA2<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | CORP              | BH        |     2505000 | PA      | $2382225.02   | 0.24%             | 2037-10-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| KAZAKHSTAN, REPUBLIC OF - MINISTRY OF FINANCE                       | KAZAKS 5 07/01/32 144A                                 | CUSIP: 486661BN0<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     3640000 | PA      | $3679670.14   | 0.37%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SRPSKA, REPUBLIKA OF                                                | SRPSKA 6.25 04/02/31 144A                              | CUSIP: 000000000<br>LEI: 213800Y1FRB44X9VBR21 | Long             | DBT              | NUSS              | BA        |     2690000 | PA      | $3203341.62   | 0.32%             | 2031-04-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PAKISTAN, ISLAMIC REPUBLIC OF                                       | PKSTAN 8.875 04/08/51 144A                             | CUSIP: 695847AU7<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     1985000 | PA      | $1866076.57   | 0.19%             | 2051-04-08      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA SA                                           | PDVSA 8.5 10/27/20 REGS                                | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     1122500 | PA      | $1160103.75   | 0.12%             | 2020-10-27      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 6.75 11/29/27 15Y                                | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     2290000 | PA      | $586624.79    | 0.06%             | 2027-11-29      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BAHRAIN, KINGDOM OF - MINISTRY OF FINANCE & NATIONAL ECONOMY        | BHRAIN 7.1 02/03/38 144A                               | CUSIP: 056909AB0<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | CORP              | BH        |     2200000 | PA      | $2149796.97   | 0.22%             | 2038-02-03      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings Inc.                              | C 0 09/24/26 EMtN                                      | CUSIP: 173074ZL2<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |  7130000000 | PA      | $4804072.42   | 0.48%             | 2026-09-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 6.125 06/15/33 144A                             | CUSIP: 221625AN6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     3535000 | PA      | $3461409.47   | 0.35%             | 2033-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 7.125 02/12/32 7Y                               | CUSIP: 900123DP2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     1000000 | PA      | $1020636.58   | 0.10%             | 2032-02-12      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                              | U.S. Treasury Bond Futures, Jun-2026,ETH               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         156 | NC      | $-708188.52   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                          | MXN/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-394328.83   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                           | IRS USD                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-247674.12   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                           | IRS EUR                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $171351.33    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                           | IRS EUR                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $148770.48    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                           | IRS USD                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-110235.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                           | IRS MXN                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-136232.67   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/ZAR FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-54355.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMGB 8 04/29/30 7Y                                    | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    57455000 | PA      | $13442469.34  | 1.35%             | 2030-04-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 5 07/03/29 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |       97405 | PA      | $95616.41     | 0.01%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENYA, GOVERNMENT OF                                                | KENINT 8.7 02/26/39 144A                               | CUSIP: 491798AS3<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |      965000 | PA      | $911931.66    | 0.09%             | 2039-02-26      | Fixed         | 8.70%                 | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 5.875 10/28/35 144A                             | CUSIP: 25714PFF0<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     3555000 | PA      | $3483722.25   | 0.35%             | 2035-10-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MBONO 10 11/20/36 M                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    75790000 | PA      | $4565661.71   | 0.46%             | 2036-11-20      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | HGB 7 10/24/35 35/A                                    | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |  2978780000 | PA      | $10312408.42  | 1.04%             | 2035-10-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA SA                                           | PDVSA 9 11/17/21 REGS                                  | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     2890000 | PA      | $1314950.00   | 0.13%             | 2021-11-17      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TIERRA MOJADA LUXEMBOURG II SARL                                    | TIEMOD 5.75 12/01/40 144A                              | CUSIP: 30260LAA3<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | LU        |     1826845 | PA      | $1812139.33   | 0.18%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PHILIPPINES, REPUBLIC OF - DEPARTMENT OF FINANCE                    | PHILIP 5.9 02/04/50                                    | CUSIP: 718286DH7<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     4245000 | PA      | $4326851.79   | 0.44%             | 2050-02-04      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HUTAMA KARYA (PERSERO) PT                                           | HAKAIJ 3.75 05/11/30 144A                              | CUSIP: 69375MAA1<br>LEI: 2549009QN3GU8QCI7Q61 | Long             | DBT              | CORP              | ID        |     3030000 | PA      | $2903278.95   | 0.29%             | 2030-05-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                            | USD/INR FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-12361.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SRI LANKA, GOVERNMENT OF                                            | SRILAN 3.6 02/15/38 144A                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     4358677 | PA      | $4115711.70   | 0.41%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4.5 02/01/36 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       72231 | PA      | $42946.44     | 0.00%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 4.5 01/30/30 144A                               | CUSIP: 25714PED6<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     1900000 | PA      | $1832075.00   | 0.18%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE             | VENZ 7 03/31/38                                        | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     1420000 | PA      | $670950.00    | 0.07%             | 2038-03-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BRAZIL 6.125 03/15/34                                  | CUSIP: 105756CH1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     8255000 | PA      | $8378825.00   | 0.84%             | 2034-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                          | REPHUN 5.25 06/16/29 144A                              | CUSIP: 445545AP1<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     6135000 | PA      | $6244674.23   | 0.63%             | 2029-06-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE                          | UKRAIN 4 02/01/32 144A                                 | CUSIP: 903724CH3<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     9846300 | PA      | $7560682.22   | 0.76%             | 2032-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 5.375 03/22/33                                     | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     2030000 | PA      | $1997621.50   | 0.20%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MEX 6 05/07/36                                         | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1320000 | PA      | $1327260.00   | 0.13%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 7.25 05/29/32                                   | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     5050000 | PA      | $5169395.48   | 0.52%             | 2032-05-29      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                        | USD/TRY FORWARD                                        | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |           1 | NC      | $1058.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO            | ARGENT 1 07/09/29                                      | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     1203296 | PA      | $1075145.42   | 0.11%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 6.75 02/25/41 144A                              | CUSIP: 221625AX4<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     1750000 | PA      | $1615482.96   | 0.16%             | 2041-02-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE                       | EGYPT 7.625 05/29/32 144A                              | CUSIP: 03846JX54<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     3265000 | PA      | $3261108.74   | 0.33%             | 2032-05-29      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE                         | LEBAN 7 03/23/32 15YR                                  | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     4140000 | PA      | $1086170.40   | 0.11%             | 2032-03-23      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKGB 17.3 07/19/28 5Y                                | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   193565000 | PA      | $3087095.75   | 0.31%             | 2028-07-19      | Fixed         | 17.30%                | No            |                  2 | On Loan: No      |
| ARIS MINING CORP                                                    | ARISCN 8 10/31/29 144A                                 | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |     1709000 | PA      | $1769773.25   | 0.18%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KENYA, GOVERNMENT OF                                                | KENINT 7.875 02/26/34 144A                             | CUSIP: 491798AR5<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     1130000 | PA      | $1058732.06   | 0.11%             | 2034-02-26      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings Inc.                              | C 0 11/05/26 ETMN                                      | CUSIP: 173074A39<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |   293000000 | PA      | $4901152.80   | 0.49%             | 2026-11-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MUTHOOT FINANCE LTD                                                 | MUTHIN 7.125 02/14/28 144A                             | CUSIP: 62828L2C6<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |     1675000 | PA      | $1704102.76   | 0.17%             | 2028-02-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA, KINGDOM OF                                            | KSA 3.25 11/17/51 144A                                 | CUSIP: 80413TAZ2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     3550000 | PA      | $2285318.29   | 0.23%             | 2051-11-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC                                         | USD/EUR FORWARD                                        | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-150075.33   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ALBANIA, REPUBLIC OF - MINISTRY OF FINANCE (MINISTRIA E FINANCAVE)  | ALBANI 3.5 11/23/31 144A                               | CUSIP: 000000000<br>LEI: 254900EDM43U3SGRND29 | Long             | DBT              | NUSS              | AL        |      520000 | PA      | $601968.33    | 0.06%             | 2031-11-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO    | MBONO 7.75 11/13/42 M                                  | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   110870000 | PA      | $5332188.20   | 0.54%             | 2042-11-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CENTRAL AMERICAN BOTTLING CORP                                      | CAMEBO 5.25 04/27/29 144A                              | CUSIP: 15239XAA6<br>LEI: 549300DT8SH0CF6BTT37 | Long             | DBT              | CORP              | VG        |     3125000 | PA      | $3091268.13   | 0.31%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ACWA POWER MANAGEMENT & INVESTMENTS ONE LTD                         | INTLWT 5.95 12/15/39 144A                              | CUSIP: 005117AA4<br>LEI: 635400M3OWQGQBZOYO38 | Long             | DBT              | CORP              | AE        |     1943134 | PA      | $1953859.70   | 0.20%             | 2039-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA SA                                           | PDVSA 6 11/15/26 REGS                                  | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     3220000 | PA      | $1279950.00   | 0.13%             | 2026-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OMAN, GOVERNMENT OF THE SULTANATE OF                                | OMAN 6.25 01/25/31 144A                                | CUSIP: 68205LAS2<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     2265000 | PA      | $2406546.26   | 0.24%             | 2031-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTION BV                                       | YPMQBR 8.498 01/31/45 144A                             | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |      942298 | PA      | $1011092.89   | 0.10%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                          | ROMANI 6.125 01/22/44 144A                             | CUSIP: 77586RAC4<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     2320000 | PA      | $2163424.48   | 0.22%             | 2044-01-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PARAGUAY, REPUBLIC OF - MINISTRY OF FINANCE                         | PARGUY 6.1 08/11/44 144A                               | CUSIP: 699149AB6<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     5745000 | PA      | $5808195.00   | 0.58%             | 2044-08-11      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                                                 | SHFLIN 6.625 04/22/27 144A                             | CUSIP: 82556FAA0<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     1655000 | PA      | $1680975.01   | 0.17%             | 2027-04-22      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                        | USD/BRL FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $302605.25    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA                     | DOMREP 4.875 09/23/32 144A                             | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     4780000 | PA      | $4521641.00   | 0.45%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS SA DE CV                                        | PEMEX 6.625 06/15/35                                   | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     5425000 | PA      | $5239298.45   | 0.53%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| .NGOMO 09/08/26 0                                                   | .NGOMO 09/08/26 0                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | NG        | 15485000000 | PA      | $10463278.94  | 1.05%             | 2026-09-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                       | SOAF 5.75 09/30/49 30Y                                 | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     4780000 | PA      | $3864693.24   | 0.39%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRUPO TELEVISA SAB                                                  | TELVIS 7.25 05/14/43 EMTN                              | CUSIP: 000000000<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    26900000 | PA      | $958596.90    | 0.10%             | 2043-05-14      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL     | BRAZIL 6 10/20/33                                      | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     3980000 | PA      | $4024974.00   | 0.40%             | 2033-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| POLAND, REPUBLIC OF - STATE TREASURY                                | POLGB 1.75 04/25/32 0432                               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    20915000 | PA      | $4719937.64   | 0.47%             | 2032-04-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 7.143 02/23/30 144A                             | CUSIP: 65412JAD5<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     7110000 | PA      | $7359840.28   | 0.74%             | 2030-02-23      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| UNITED ARAB EMIRATES, FEDERAL GOVERNMENT OF - MINISTRY OF FINANCE   | UAE 4.951 07/07/52 144A                                | CUSIP: 31424EAE2<br>LEI: 98450060C643D82DF808 | Long             | DBT              | NUSS              | AE        |     2300000 | PA      | $2086128.59   | 0.21%             | 2052-07-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKEY 5.875 06/26/31 10Y                              | CUSIP: 900123DC1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     5305000 | PA      | $5152271.60   | 0.52%             | 2031-06-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                          | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-54387.32    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                          | IVYCST 8.075 04/01/36 144A                             | CUSIP: 221625AV8<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     6660000 | PA      | $7089522.98   | 0.71%             | 2036-04-01      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE)         | NGERIA 6.5 11/28/27 144A                               | CUSIP: 65412JAC7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     2290000 | PA      | $2315204.66   | 0.23%             | 2027-11-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GHANA, REPUBLIC OF                                                  | GHANA 0 07/03/26 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |        3680 | PA      | $3645.70      | 0.00%             | 2026-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PERU SA                                        | BCP V5.65 01/15/37 144A                                | CUSIP: 05971U2K2<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     3270000 | PA      | $3254467.50   | 0.33%             | 2037-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY                    | TURKGB 30 09/12/29 5Y                                  | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   207350000 | PA      | $4039299.65   | 0.41%             | 2029-09-12      | Fixed         | 30.00%                | No            |                  2 | On Loan: No      |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE                           | ANGOL 9.875 03/31/37 144A                              | CUSIP: 035198AL4<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     2015000 | PA      | $2147185.31   | 0.22%             | 2037-03-31      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY      | PANAMA 6.4 02/14/35                                    | CUSIP: 698299BT0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     2275000 | PA      | $2434250.00   | 0.24%             | 2035-02-14      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| SURINAME, REPUBLIC OF - MINISTRY OF FINANCE                         | SURINM 8.5 11/06/35 144A                               | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     1775000 | PA      | $1928892.50   | 0.19%             | 2035-11-06      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN (RSC) LTD                                                 | MUBAUH 5.084 05/22/53 144A                             | CUSIP: 55285GAC8<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     1580000 | PA      | $1428957.85   | 0.14%             | 2053-05-22      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| PHILIPPINES, REPUBLIC OF - DEPARTMENT OF FINANCE                    | PHILIP 5.5 01/17/48                                    | CUSIP: 718286CX3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     2045000 | PA      | $1977316.82   | 0.20%             | 2048-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-22

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer