# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0000940400-25-009952
**Filing Date:** 2025-11
**Character Count:** 97613
**Document Hash:** 2a5168eebaa0b3d99d14bb1a3dfbf087
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009952.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009952

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBC FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001272950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21475
- **FILM NUMBER:** 251513815

**BUSINESS ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401
- **BUSINESS PHONE:** 612-380-1198

**MAIL ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAMARACK FUNDS TRUST
- **DATE OF NAME CHANGE:** 20031212

## Series and Classes Contracts Data

### RBC BlueBay Emerging Market Debt Fund (Series ID: S000033479)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000102917 | Class A      | RESAX           |
| C000102918 | Class I      | RBESX           |
| C000176573 | Class R6     | RBERX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-21475

- **c. CIK number of Registrant:** 0001272950

- **d. LEI of Registrant:** 549300456VUEP58RCU35

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

  - **Street Address 1:** 250 Nicollet Mall

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55401

  - **Telephone number:** 612-376-7000

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

- **a. Name of Series:** RBC BlueBay Emerging Market Debt Fund

- **b. EDGAR series identifier (if any):** S000033479

- **c. LEI of Series:** 5493007OQRSXC5HIC148

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $133612066.63

**Total Liabilities:** $2904510.72

**Net Assets:** $130707555.91

**Cash Not Reported:** $2181966.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 141.53000000 | **1-Year:** 4019.81000000 | **5-Year:** 10866.81000000 | **10-Year:** 16192.65000000 | **30-Year:** 10015.97000000

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

- **3-Month:** 950.97000000 | **1-Year:** 5119.92000000 | **5-Year:** 16677.90000000 | **10-Year:** 22541.92000000 | **30-Year:** 7191.57000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000102917 | 1.35%                | 1.68%                | 1.73%                |
| Class ID C000176573 | 1.34%                | 1.65%                | 1.71%                |
| Class ID C000102918 | 1.47%                | 1.55%                | 1.83%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-151159.65              | $1088492.66                                |
| Month 2  | $308257.73               | $1145070.42                                |
| Month 3  | $549662.02               | $1279898.81                                |

**Designated Index Information**

- **Index Name:** JPM EMBI Global Diversified Index

- **Index Identifier:** JPGCCOMP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ROP SUKUK TRUST                               | ROP Sukuk Trust                                                  | CUSIP: 000000000<br>LEI: 254900RB1RTZ84ZMF446 | Long             | DBT              | NUSS              | PH        |     550000 | PA      | $564736.19    | 0.43%             | 2029-06-06      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF MONTENEGRO                        | Montenegro Government International Bond                         | CUSIP: 000000000<br>LEI: 747800V014106FYLL014 | Long             | DBT              | NUSS              | ME        |     570000 | PA      | $607908.77    | 0.47%             | 2031-03-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.   | US 5YR NOTE (CBT)                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         27 | NC      | $164.43       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     400000 | PA      | $468418.74    | 0.36%             | 2031-09-24      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                   | Corp Nacional del Cobre de Chile                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $408904.83    | 0.31%             | 2053-09-08      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     335000 | PA      | $388418.58    | 0.30%             | 2032-09-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                            | Panama Government International Bond                             | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1255000 | PA      | $919292.08    | 0.70%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                      | Comision Federal de Electricidad                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     325000 | PA      | $331260.76    | 0.25%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                            | Dominican Republic International Bond                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     765000 | PA      | $818161.73    | 0.63%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                       | Philippine Government International Bond                         | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     835000 | PA      | $597638.81    | 0.46%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ZAMBIA                            | Zambia Government International Bond                             | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     374742 | PA      | $358151.94    | 0.27%             | 2033-06-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     570000 | PA      | $579027.60    | 0.44%             | 2036-05-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC        | CDS ARAB REPUBLIC OF EGYPT                                       | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $-65599.75    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                       | El Salvador Government International Bond                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     790000 | PA      | $853501.89    | 0.65%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| BAITEREK NATIONAL MANAGI                      | Baiterek National Managing Holding JSC                           | CUSIP: 05709VAC8<br>LEI: 984500B4F78F04253804 | Long             | DBT              | USGA              | KZ        |     439000 | PA      | $434366.17    | 0.33%             | 2030-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                        | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     760000 | PA      | $816959.20    | 0.63%             | 2028-10-12      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| TC ZIRAAT BANKASI AS                          | TC Ziraat Bankasi AS                                             | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | DBT              | CORP              | TR        |     610000 | PA      | $639637.68    | 0.49%             | 2029-01-16      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT             | EURO-BUND                                                        | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        -21 | NC      | $-15157.91    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                       | Pakistan Government International Bond                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     830000 | PA      | $825889.18    | 0.63%             | 2026-04-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                      | Uruguay Government International Bond                            | CUSIP: 760942BD3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    1147599 | PA      | $1046269.22   | 0.80%             | 2055-04-20      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     526000 | PA      | $597678.82    | 0.46%             | 2036-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                      | NIFTY 50 INDEX                                                   | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         30 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                         | Sri Lanka Government International Bond                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     490000 | PA      | $435282.93    | 0.33%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                       | Pakistan Government International Bond                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     145000 | PA      | $137198.48    | 0.10%             | 2036-03-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                         | Sri Lanka Government International Bond                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     284700 | PA      | $272140.35    | 0.21%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                         | Indonesia Government International Bond                          | CUSIP: 455780CX2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1235000 | PA      | $807823.85    | 0.62%             | 2071-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| RUTAS 2 & 7 FINANCE LTD                       | Rutas 2 & 7 Finance Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     590333 | PA      | $446589.74    | 0.34%             | 2036-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DP WORLD SALAAM                               | DP World Salaam                                                  | CUSIP: 000000000<br>LEI: 549300SUYBT9X88E9435 | Long             | DBT              | CORP              | KY        |     830000 | PA      | $830000.00    | 0.64%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS LIMITED              | CDS ARAB REPUBLIC OF EGYPT                                       | CUSIP: 000000000<br>LEI: XKZZ2JZF41MRHTR1V493 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $330.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BULGARIA                                      | Bulgaria Government International Bond                           | CUSIP: 000000000<br>LEI: 529900PG0XCL4LICL838 | Long             | DBT              | NUSS              | BG        |     590000 | PA      | $589308.15    | 0.45%             | 2037-03-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/EUR FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $22585.13     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                             | Ghana Government International Bond                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     500000 | PA      | $486191.29    | 0.37%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |      36000 | PA      | $8060.94      | 0.01%             | 2020-04-14      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| TUNISIAN REPUBLIC                             | Tunisian Republic                                                | CUSIP: 000000000<br>LEI: 254900B5LFB16S9T2T11 | Long             | DBT              | NUSS              | TN        |     690000 | PA      | $806604.61    | 0.62%             | 2026-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ORLEN SA                                      | ORLEN SA                                                         | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | DBT              | CORP              | PL        |     440000 | PA      | $459608.17    | 0.35%             | 2035-01-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                             | Ghana Government International Bond                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     633000 | PA      | $532524.73    | 0.41%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RBC BlueBay U.S. Government Money Market Fund | RBC BlueBay U.S. Government Money Market Fund                    | CUSIP: 74926P696<br>LEI: 549300RFDC5U7WLJKO50 | Long             | STIV             | RF                | US        |    2437241 | NS      | $2437240.64   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                      | Republic of South Africa Government International Bond           | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     200000 | PA      | $191766.06    | 0.15%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE CORDOBA                          | Provincia de Cordoba                                             | CUSIP: 74408DAF1<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |     384000 | PA      | $366702.28    | 0.28%             | 2032-07-02      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC        | CDS KINGDOM OF SAUDI ARABIA                                      | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $-102408.30   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    1256000 | PA      | $281250.16    | 0.22%             | 2022-10-04      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                        | Brazilian Government International Bond                          | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     685000 | PA      | $694372.24    | 0.53%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     716000 | PA      | $160141.32    | 0.12%             | 2023-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                      | CDS ITRAXX.EU.XO.43.V1                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-775601.14   | -0.59%            |  |  |  | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                        | Export-Import Bank of India                                      | CUSIP: 000000000<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     905000 | PA      | $943504.32    | 0.72%             | 2035-01-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DP WORLD CRESCENT LTD                         | DP World Crescent Ltd                                            | CUSIP: 000000000<br>LEI: 21380096JRTWB8TL9236 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $415718.71    | 0.32%             | 2033-09-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                         | Guatemala Government Bond                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     298000 | PA      | $310040.95    | 0.24%             | 2031-08-06      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BANK GOSPODARSTWA KRAJOW                      | Bank Gospodarstwa Krajowego                                      | CUSIP: 000000000<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |     600000 | PA      | $619683.88    | 0.47%             | 2033-05-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     811000 | PA      | $181277.41    | 0.14%             | 2020-06-19      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    1384000 | PA      | $1332615.31   | 1.02%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | CDS REPUBLIC OF ARGENTINA                                        | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $210595.64    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                      | Republic of South Africa Government International Bond           | CUSIP: 836205AV6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     915000 | PA      | $685064.04    | 0.52%             | 2046-10-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                         | Costa Rica Government International Bond                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     650000 | PA      | $710851.88    | 0.54%             | 2054-11-13      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                          | Republic of Uzbekistan International Bond                        | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     257000 | PA      | $276284.25    | 0.21%             | 2032-02-28      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                         | Mexico Government International Bond                             | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     842000 | PA      | $841779.75    | 0.64%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                      | Republic of South Africa Government Bond                         | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   18060000 | PA      | $962639.29    | 0.74%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                            | Dominican Republic International Bond                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     480000 | PA      | $502872.24    | 0.38%             | 2036-06-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | CDS KINGDOM OF SAUDI ARABIA                                      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $-49891.22    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |       5000 | PA      | $1120.62      | 0.00%             | 2034-05-17      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARMENIA                           | Republic of Armenia International Bond                           | CUSIP: 000000000<br>LEI: 5299000H77JSW90G7935 | Long             | DBT              | NUSS              | AM        |    1130000 | PA      | $1153186.63   | 0.88%             | 2035-03-12      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    2230000 | PA      | $499866.87    | 0.38%             | 2020-03-09      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     458000 | PA      | $537195.42    | 0.41%             | 2028-09-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 195325ES0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1006000 | PA      | $1114237.72   | 0.85%             | 2035-04-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| EGYPT TASKEEK CO                              | Egyptian Financial Co for Sovereign Taskeek/The                  | CUSIP: 000000000<br>LEI: 894500CX5LI3HIC87H85 | Long             | DBT              | NUSS              | EG        |     250000 | PA      | $259335.67    | 0.20%             | 2028-06-25      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | USD/MYR FORWARD                                                  | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              | CORP              | US        |          1 | NC      | $610.82       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                             | Republic of Kenya Government International Bond                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     260000 | PA      | $277154.76    | 0.21%             | 2031-02-16      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| NIAGARA ENERGY SAC                            | Niagara Energy SAC                                               | CUSIP: 000000000<br>LEI: 254900V9UGCG42YQ6848 | Long             | DBT              | CORP              | PE        |     715000 | PA      | $736748.50    | 0.56%             | 2034-10-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                            | Angolan Government International Bond                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     590000 | PA      | $591207.13    | 0.45%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                      | Republic of South Africa Government International Bond           | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     200000 | PA      | $203053.60    | 0.16%             | 2054-11-19      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                      | Empresa Nacional del Petroleo                                    | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $209277.92    | 0.16%             | 2034-07-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | DOP/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-11133.83    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                       | El Salvador Government International Bond                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     510000 | PA      | $555778.75    | 0.43%             | 2030-04-17      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     640000 | PA      | $651663.53    | 0.50%             | 2030-09-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CREDICORP CAPITAL SOCIED                      | Credicorp Capital Sociedad Titulizadora SA                       | CUSIP: 224939AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     500000 | PA      | $151413.81    | 0.12%             | 2045-03-05      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                      | Republic of South Africa Government International Bond           | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1290000 | PA      | $1344192.04   | 1.03%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                          | Paraguay Government International Bond                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     860000 | PA      | $790819.14    | 0.61%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| EDO SUKUK LTD                                 | EDO Sukuk Ltd                                                    | CUSIP: 000000000<br>LEI: 5493000LZIE4T625R469 | Long             | DBT              | CORP              | KY        |     500000 | PA      | $529612.31    | 0.41%             | 2033-09-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco Sarl                                   | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     875000 | PA      | $918809.52    | 0.70%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                   | Ivory Coast Government International Bond                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     210000 | PA      | $218858.31    | 0.17%             | 2037-01-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | MXN/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $1079.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | BRL/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $209.12       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                  | Ecopetrol SA                                                     | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     765000 | PA      | $685432.51    | 0.52%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                        | Brazilian Government International Bond                          | CUSIP: 105756CG3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     770000 | PA      | $811059.10    | 0.62%             | 2031-03-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TURK IHRACAT KR BK                            | Turkiye Ihracat Kredi Bankasi AS                                 | CUSIP: 000000000<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $209969.75    | 0.16%             | 2027-01-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                         | Venezuela Government International Bond                          | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    1165000 | PA      | $279146.49    | 0.21%             | 2026-10-21      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/COP FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $1073.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                          | Petronas Capital Ltd                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    1070000 | PA      | $1131298.62   | 0.87%             | 2055-04-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.   | US 2YR NOTE (CBT)                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         32 | NC      | $-11703.68    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.   | US ULTRA BOND CBT                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          7 | NC      | $-11980.78    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| NAVOI MINING METALLURGIC                      | Navoi Mining & Metallurgical Combinat                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | UZ        |     250000 | PA      | $260037.18    | 0.20%             | 2028-10-17      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                         | Sri Lanka Government International Bond                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     265000 | PA      | $248086.90    | 0.19%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                        | Brazilian Government International Bond                          | CUSIP: 105756CJ7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     210000 | PA      | $212883.66    | 0.16%             | 2054-05-13      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                            | Serbia International Bond                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     250000 | PA      | $260389.86    | 0.20%             | 2034-06-12      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                         | Guatemala Government Bond                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     308000 | PA      | $323684.02    | 0.25%             | 2055-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                            | Ukraine Government International Bond                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     998000 | PA      | $412005.58    | 0.32%             | 2034-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZA                      | Development Bank of Kazakhstan JSC                               | CUSIP: 25159XAF0<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |  175000000 | PA      | $283545.77    | 0.22%             | 2028-05-23      | Fixed         | 13.49%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                            | Serbia International Bond                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     200000 | PA      | $216729.65    | 0.17%             | 2033-09-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                   | Ivory Coast Government International Bond                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     300000 | PA      | $310289.99    | 0.24%             | 2036-04-01      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                          | Paraguay Government International Bond                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     235000 | PA      | $247574.74    | 0.19%             | 2033-08-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ABU DHABI DEVELOPMENT HO                      | Abu Dhabi Developmental Holding Co PJSC                          | CUSIP: 000000000<br>LEI: 254900G082ZFKTCR2Q75 | Long             | DBT              | CORP              | AE        |     930000 | PA      | $910275.23    | 0.70%             | 2054-10-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                             | Chile Government International Bond                              | CUSIP: 168863DZ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     320000 | PA      | $321408.50    | 0.25%             | 2036-01-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     350000 | PA      | $376183.67    | 0.29%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                   | Corp Nacional del Cobre de Chile                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $837274.18    | 0.64%             | 2034-01-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                        | Galaxy Pipeline Assets Bidco Ltd                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    1246252 | PA      | $1059717.52   | 0.81%             | 2040-09-30      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                           | Ecuador Government International Bond                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    3018840 | PA      | $2254055.07   | 1.72%             | 2035-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                          | Paraguay Government International Bond                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     290000 | PA      | $309190.48    | 0.24%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco Sarl                                   | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     440000 | PA      | $470720.79    | 0.36%             | 2038-02-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                             | Republic of Kenya Government International Bond                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     880000 | PA      | $900114.13    | 0.69%             | 2036-03-05      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/CNH FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-712.46      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                           | Turkiye Government International Bond                            | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2040000 | PA      | $2121900.07   | 1.62%             | 2032-05-29      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                      | Comision Federal de Electricidad                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     730000 | PA      | $718540.51    | 0.55%             | 2029-05-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                            | Ukraine Government International Bond                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     925396 | PA      | $518755.53    | 0.40%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                              | Peruvian Government International Bond                           | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     585000 | PA      | $587795.94    | 0.45%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | ZAR/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-5669.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/KZT FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $14603.65     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                           | Petroleos Mexicanos                                              | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2284000 | PA      | $2075856.27   | 1.59%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    2251000 | PA      | $503633.50    | 0.39%             | 2021-04-12      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| EDO SUKUK LTD                                 | EDO Sukuk Ltd                                                    | CUSIP: 000000000<br>LEI: 5493000LZIE4T625R469 | Long             | DBT              | CORP              | KY        |     515000 | PA      | $540316.35    | 0.41%             | 2031-07-03      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| ADNOC MURBAN RSC LTD                          | Adnoc Murban Rsc Ltd                                             | CUSIP: 000000000<br>LEI: 213800OWGH7RAYG61M70 | Long             | DBT              | CORP              | AE        |     917000 | PA      | $870117.35    | 0.67%             | 2054-09-11      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     550000 | PA      | $564543.96    | 0.43%             | 2029-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | CDS STATE OF QATAR                                               | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $-161892.41   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | CNH/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-192.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | EUR/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $21319.46     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MV24 CAPITAL BV                               | MV24 Capital BV                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     336867 | PA      | $334378.80    | 0.26%             | 2034-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                            | Dominican Republic International Bond                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   63350000 | PA      | $1122370.38   | 0.86%             | 2035-09-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                             | Chile Government International Bond                              | CUSIP: 168863DQ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     400000 | PA      | $248672.22    | 0.19%             | 2061-01-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                         | Venezuela Government International Bond                          | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     125000 | PA      | $29800.64     | 0.02%             | 2031-08-05      | Fixed         | 11.95%                | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                      | EAGLE FUNDING LUXCO SARL                                         | CUSIP: 000000000<br>LEI: 894500VDP08MVIZ6OA60 | Long             | ABS-MBS          | NUSS              | LU        |    1809000 | PA      | $1836442.68   | 1.41%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF IRAQ                              | Iraq International Bond                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |     134375 | PA      | $133408.91    | 0.10%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                        | Republic of Uzbekistan International Bond                        | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     430000 | PA      | $394733.92    | 0.30%             | 2031-10-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/DOP FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-2881.68     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CREDICORP CAPITAL SOCIED                      | Credicorp Capital Sociedad Titulizadora SA                       | CUSIP: 224939AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    1190000 | PA      | $367305.01    | 0.28%             | 2043-12-15      | Fixed         | 10.10%                | No            |                  2 | On Loan: No      |
| COMISION EJ HI RIO LEMPA                      | Comision Ejecutiva Hidroelectrica del Rio Lempa                  | CUSIP: 000000000<br>LEI: 254900YU43PQQ27Q0E71 | Long             | DBT              | CORP              | SV        |     152000 | PA      | $159016.61    | 0.12%             | 2033-01-24      | Fixed         | 8.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                           | Turkiye Government International Bond                            | CUSIP: 900123DR8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1045000 | PA      | $1051396.63   | 0.80%             | 2035-09-16      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE BUENOS AIRE                      | Provincia de Buenos Aires/Government Bonds                       | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |     656656 | PA      | $380490.09    | 0.29%             | 2037-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                        | Egypt Government International Bond                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     595000 | PA      | $630720.28    | 0.48%             | 2030-02-04      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/PEN FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-6912.73     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                         | Guatemala Government Bond                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     680000 | PA      | $716756.99    | 0.55%             | 2037-02-06      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                          | Paraguay Government International Bond                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     230000 | PA      | $243825.99    | 0.19%             | 2036-02-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | EUR/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $5257.37      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                         | Costa Rica Government International Bond                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     400000 | PA      | $430170.52    | 0.33%             | 2034-04-03      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | CNH/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-242.26      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco Sarl                                   | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $432692.22    | 0.33%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                        | Egypt Government International Bond                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     200000 | PA      | $189035.31    | 0.14%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                           | Nigeria Government International Bond                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     400000 | PA      | $378241.38    | 0.29%             | 2033-09-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1910000 | PA      | $1614518.34   | 1.24%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                   | Corp Nacional del Cobre de Chile                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $199995.93    | 0.15%             | 2033-02-02      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                  | Ecopetrol SA                                                     | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     565000 | PA      | $612304.50    | 0.47%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                           | Nigeria Government International Bond                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     850000 | PA      | $832910.29    | 0.64%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                       | El Salvador Government International Bond                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     824000 | PA      | $19459.31     | 0.01%             | 2030-04-17      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF POLAND                            | Republic of Poland Government International Bond                 | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     450000 | PA      | $480840.61    | 0.37%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                            | Angolan Government International Bond                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     296000 | PA      | $281967.03    | 0.22%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                             | MDGH GMTN RSC Ltd                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $213076.84    | 0.16%             | 2033-04-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                            | Angolan Government International Bond                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     510000 | PA      | $426607.06    | 0.33%             | 2049-11-26      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 195325ER2<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     557000 | PA      | $594337.26    | 0.45%             | 2030-04-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                       | America Movil SAB de CV                                          | CUSIP: 02364WBL8<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |   12580000 | PA      | $707356.74    | 0.54%             | 2031-01-27      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| UZBEKNEFTEGAZ                                 | Uzbekneftegaz JSC                                                | CUSIP: 000000000<br>LEI: 213800LUZJZFLJD4MJ51 | Long             | DBT              | NUSS              | UZ        |     650000 | PA      | $619249.74    | 0.47%             | 2028-11-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                           | Petroleos Mexicanos                                              | CUSIP: 71654QCP5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1258000 | PA      | $1280618.00   | 0.98%             | 2029-01-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | CDS FEDERAL REPUBLIC OF NIGERIA                                  | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $-43999.86    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZA                      | Development Bank of Kazakhstan JSC                               | CUSIP: 000000000<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |     600000 | PA      | $614140.38    | 0.47%             | 2029-10-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                         | Mexico Government International Bond                             | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     975000 | PA      | $1053424.95   | 0.81%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                         | Venezuela Government International Bond                          | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     375000 | PA      | $87275.68     | 0.07%             | 2022-08-23      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF ZAMBIA                            | Zambia Government International Bond                             | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     520000 | PA      | $351943.14    | 0.27%             | 2053-12-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                             | Ghana Government International Bond                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      50000 | PA      | $48185.10     | 0.04%             | 2026-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                      | Uruguay Government International Bond                            | CUSIP: 760942BH4<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    1120000 | PA      | $1171820.48   | 0.90%             | 2037-02-14      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                        | Galaxy Pipeline Assets Bidco Ltd                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |     374472 | PA      | $340347.30    | 0.26%             | 2034-03-31      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| FIN DEPT GOVT SHARJAH                         | Finance Department Government of Sharjah                         | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |     799000 | PA      | $548361.65    | 0.42%             | 2050-07-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTEGO BAY AIRPORT REVE                      | Montego Bay Airport Revenue Finance Ltd                          | CUSIP: 000000000<br>LEI: 2549008BQQ5ON8H2UC19 | Long             | DBT              | CORP              | KY        |     555000 | PA      | $567774.90    | 0.43%             | 2035-06-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| ISTANBUL METROPOLITAN MU                      | Istanbul Metropolitan Municipality                               | CUSIP: 000000000<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $212513.38    | 0.16%             | 2027-04-12      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                       | Philippine Government International Bond                         | CUSIP: 718286DB0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     710000 | PA      | $726973.93    | 0.56%             | 2049-05-14      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                        | Mexico City Airport Trust                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     990000 | PA      | $857339.40    | 0.66%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                           | Ecuador Government International Bond                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     500000 | PA      | $382767.25    | 0.29%             | 2030-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                      | Republic of South Africa Government International Bond           | CUSIP: 836205AS3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1000000 | PA      | $813200.61    | 0.62%             | 2044-07-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                          | Kallpa Generacion SA                                             | CUSIP: 48344FAC4<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |     360000 | PA      | $362452.18    | 0.28%             | 2035-09-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ZIRAAT KATILIM VARLIK                         | Ziraat Katilim Varlik Kiralama AS                                | CUSIP: 000000000<br>LEI: 789000NE04RSMGOX9737 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $209589.47    | 0.16%             | 2026-11-12      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                         | Argentine Republic Government International Bond                 | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    2865740 | PA      | $1497074.39   | 1.15%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                       | Philippine Government International Bond                         | CUSIP: 000000000<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     650000 | PA      | $645068.24    | 0.49%             | 2033-04-28      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                       | Pakistan Government International Bond                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    1295000 | PA      | $1269142.74   | 0.97%             | 2031-04-08      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | COP/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $4172.39      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                         | Sri Lanka Government International Bond                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     240000 | PA      | $211807.81    | 0.16%             | 2036-05-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     550000 | PA      | $122967.55    | 0.09%             | 2024-11-04      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco Sarl                                   | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    1105000 | PA      | $1162463.13   | 0.89%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                             | Chile Government International Bond                              | CUSIP: 168863EA2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     925000 | PA      | $898807.21    | 0.69%             | 2054-01-05      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                             | MDGH GMTN RSC Ltd                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $197370.74    | 0.15%             | 2033-11-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                        | Oman Government International Bond                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1465000 | PA      | $1609253.84   | 1.23%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EGYTB 0 03/17/26 144A GS                      | EGYTB 0 03/17/26 144A GS                                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | Long             | DBT              | CORP              | GB        |   35700000 | PA      | $664339.67    | 0.51%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SENEGAL                           | Senegal Government International Bond                            | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     530000 | PA      | $382588.38    | 0.29%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                             | Chile Government International Bond                              | CUSIP: 168863DW5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     700000 | PA      | $552144.61    | 0.42%             | 2052-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZA                      | Development Bank of Kazakhstan JSC                               | CUSIP: 48129VAC0<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |  102500000 | PA      | $175187.78    | 0.13%             | 2027-04-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                           | Turkiye Government International Bond                            | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2660000 | PA      | $1970966.05   | 1.51%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                            | Panama Government International Bond                             | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1240000 | PA      | $1261406.36   | 0.97%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                            | Ukraine Government International Bond                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1646000 | PA      | $892725.73    | 0.68%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| BENIN INTL GOV BOND                           | Benin Government International Bond                              | CUSIP: 000000000<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     620000 | PA      | $649556.74    | 0.50%             | 2041-01-23      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                         | Sri Lanka Government International Bond                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     350000 | PA      | $254966.39    | 0.20%             | 2035-06-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                          | Paraguay Government International Bond                           | CUSIP: 699149AP5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        | 4379000000 | PA      | $600127.44    | 0.46%             | 2031-02-09      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | MXN/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-25569.04    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     390000 | PA      | $395056.11    | 0.30%             | 2034-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                         | Argentine Republic Government International Bond                 | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    3268816 | PA      | $1586668.72   | 1.21%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                           | Nigeria Government International Bond                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     644000 | PA      | $638231.87    | 0.49%             | 2032-02-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                           | Petroleos Mexicanos                                              | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2761000 | PA      | $2674328.82   | 2.05%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | PEN/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-12869.48    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                         | Guatemala Government Bond                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     390000 | PA      | $347354.84    | 0.27%             | 2033-10-07      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC        | CDS REPUBLIC OF ARGENTINA                                        | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $213820.69    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| ISTANBUL METROPOLITAN MU                      | Istanbul Metropolitan Municipality                               | CUSIP: 000000000<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     480000 | PA      | $525056.49    | 0.40%             | 2028-12-06      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | CNH/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-1281.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF VENEZUELA                         | Venezuela Government International Bond                          | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    1660000 | PA      | $304810.68    | 0.23%             | 2019-10-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                        | Egypt Government International Bond                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1210000 | PA      | $1003084.60   | 0.77%             | 2048-02-21      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | PEN/USD FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-24979.91    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                            | Ukraine Government International Bond                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     234604 | PA      | $129063.10    | 0.10%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                            | Morocco Government International Bond                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    1860000 | PA      | $2251821.95   | 1.72%             | 2035-04-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                         | Guatemala Government Bond                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     475000 | PA      | $502985.74    | 0.38%             | 2036-06-13      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| EGYTB 0 11/25/25 CLN 144A GS                  | EGYTB 0 11/25/25 CLN 144A GS                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | EG        |   70500000 | PA      | $1414798.46   | 1.08%             | 2025-11-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1310000 | PA      | $1407103.02   | 1.08%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                         | Mexico Government International Bond                             | CUSIP: 91087BBN9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     350000 | PA      | $417081.26    | 0.32%             | 2034-03-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                      | AES Panama Generation Holdings SRL                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |     682108 | PA      | $644208.14    | 0.49%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KAZAKHSTAN                        | Kazakhstan Government International Bond                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    1225000 | PA      | $1250369.42   | 0.96%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DE VENEZUELA S                      | Petroleos de Venezuela SA                                        | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |     260000 | PA      | $256189.56    | 0.20%             | 2020-10-27      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                             | Lebanon Government International Bond                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     269000 | PA      | $60240.17     | 0.05%             | 2027-11-29      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                            | Serbia International Bond                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     400000 | PA      | $416536.08    | 0.32%             | 2028-05-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/KRW FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-8212.21     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                          | Colombia Government International Bond                           | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1995000 | PA      | $2093117.75   | 1.60%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TURK IHRACAT KR BK                            | Turkiye Ihracat Kredi Bankasi AS                                 | CUSIP: 000000000<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | USGA              | TR        |     315000 | PA      | $321586.04    | 0.25%             | 2028-07-03      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                         | Mexico Government International Bond                             | CUSIP: 91087BBP4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     310000 | PA      | $370770.39    | 0.28%             | 2038-03-19      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                           | Turkiye Government International Bond                            | CUSIP: 900123DP2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     506000 | PA      | $523067.24    | 0.40%             | 2032-02-12      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                           | Petroleos Mexicanos                                              | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1725000 | PA      | $1858814.54   | 1.42%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                | USD/EUR FORWARD                                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $22043.71     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FIEMEX ENERGIA - BANC AC                      | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     366488 | PA      | $391659.80    | 0.30%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                           | Nigeria Government International Bond                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1135000 | PA      | $1224772.30   | 0.94%             | 2031-06-09      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| OQ SAOC                                       | OQ SAOC                                                          | CUSIP: 000000000<br>LEI: 549300YK417GKI6EQ392 | Long             | DBT              | CORP              | OM        |     890000 | PA      | $899239.94    | 0.69%             | 2028-05-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                           | Nigeria Government International Bond                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     860000 | PA      | $955510.82    | 0.73%             | 2034-12-09      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                            | Dominican Republic International Bond                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     585000 | PA      | $630500.13    | 0.48%             | 2031-02-03      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.   | US 10YR ULTRA                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          7 | NC      | $-7884.94     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** RBC Funds Trust

**Signature:** Kathy Hegna

**Name of Signer:** Kathy Hegna

**Title:** Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc.