# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0000940400-26-020501
**Filing Date:** 2026-5
**Character Count:** 107478
**Document Hash:** fb2434fcb4517824e3348b00575c0200
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020501.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020501

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20260930

**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:** 261007724

**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:** 2026-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $139046688.19

**Total Liabilities:** $2206679.27

**Net Assets:** $136840008.92

**Cash Not Reported:** $889848.97

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 38.93000000 | **1-Year:** 1076.07000000 | **5-Year:** 5680.43000000 | **10-Year:** 17241.41000000 | **30-Year:** 11242.34000000

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

- **3-Month:** 79.05000000 | **1-Year:** 2421.22000000 | **5-Year:** 12516.65000000 | **10-Year:** 18404.32000000 | **30-Year:** 5288.88000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000102917 | 1.37%                | 1.24%                | -3.55%               |
| Class ID C000176573 | 1.33%                | 1.31%                | -3.51%               |
| Class ID C000102918 | 1.34%                | 1.32%                | -3.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $708848.90               | $621182.36                                 |
| Month 2  | $533500.27               | $557482.99                                 |
| Month 3  | $1088029.84              | $-7633971.16                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ghana (Republic of)                                           | GHANA 5 07/03/35 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     633000 | PA      | $538834.98    | 0.39%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                     | IVYCST 6.75 02/25/41 144A                              | CUSIP: 221625AX4<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     520000 | PA      | $456703.82    | 0.33%             | 2041-02-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $12145.74     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS CDX.EM.45.V1                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $87761.04     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 11.75 10/21/26                                    | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    1271000 | PA      | $647610.49    | 0.47%             | 2026-10-21      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                         | UKRAIN 4.5 02/01/34 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     845396 | PA      | $453022.46    | 0.33%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Sharjah (Government of)                                       | SHJGOV 4 07/28/50 REGS                                 | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |     599000 | PA      | $371832.86    | 0.27%             | 2050-07-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Bank Of Tunisie SA                                    | TUNIS 6.375 07/15/26 REGS                              | CUSIP: 000000000<br>LEI: 254900B5LFB16S9T2T11 | Long             | DBT              | NUSS              | TN        |     690000 | PA      | $794222.93    | 0.58%             | 2026-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                            | DOMREP 6.95 03/15/37 REGS                              | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     765000 | PA      | $778378.12    | 0.57%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                         | UKRAIN 4.5 02/01/35 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     234604 | PA      | $123264.80    | 0.09%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Pakistan (Islamic Republic of)                                | PKSTAN 7.875 03/31/36 REGS                             | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     145000 | PA      | $129106.36    | 0.09%             | 2036-03-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Senegal (Republic of)                                         | SENEGL 6.25 05/23/33 REGS                              | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     530000 | PA      | $280336.14    | 0.20%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                         | ECUA 6.9 07/31/35 REGS                                 | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    3372075 | PA      | $2968556.62   | 2.17%             | 2035-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO DE INVERSION EN ENERGIA MEXICO                    | FIEMEX 7.25 01/31/41 REGS                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     366488 | PA      | $366682.72    | 0.27%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                             | LEBAN 6.75 11/29/27 15Y                                | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     269000 | PA      | $63157.74     | 0.05%             | 2027-11-29      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS CDX.EM.45.V1                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $44884.45     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Pipeline Assets Bidco Ltd.                             | ADGLXY 2.94 09/30/40 REGS                              | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    1222462 | PA      | $988833.11    | 0.72%             | 2040-09-30      | Fixed         | 2.94%                 | 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      | $-69191.93    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| The Egyptian Financial Company for Sovereign Taskeek (S.A.E.) | EGYSK 7.95 10/07/32 REGS                               | CUSIP: 000000000<br>LEI: 894500CX5LI3HIC87H85 | Long             | DBT              | NUSS              | EG        |     395000 | PA      | $397197.41    | 0.29%             | 2032-10-07      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 11.95 08/05/31                                    | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     125000 | PA      | $63630.96     | 0.05%             | 2031-08-05      | Fixed         | 11.95%                | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | PEN/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-33767.15    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Suriname (Republic of)                                        | SURINM 8.5 11/06/35 REGS                               | CUSIP: 000000000<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     475000 | PA      | $491027.74    | 0.36%             | 2035-11-06      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                | MEX 6.75 02/09/56                                      | CUSIP: 91087BBS8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     743000 | PA      | $719093.42    | 0.53%             | 2056-02-09      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                         | UKRAIN 4.5 02/01/36 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     568000 | PA      | $292091.43    | 0.21%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/COP FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-25078.84    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                           | CHILE 3.1 01/22/61                                     | CUSIP: 168863DQ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     400000 | PA      | $246961.36    | 0.18%             | 2061-01-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 7.65 04/21/25                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     921000 | PA      | $384832.87    | 0.28%             | 2025-04-21      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                  | SRILAN 3.6 05/15/36 REGS                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     240000 | PA      | $212250.64    | 0.16%             | 2036-05-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                       | CDEL 5.125 02/02/33 REGS                               | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $197894.47    | 0.14%             | 2033-02-02      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Perusahaan Listrik Negara PT                                  | PLNIJ 5.45 02/03/36 144A                               | CUSIP: 71568PAX7<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     342000 | PA      | $328030.13    | 0.24%             | 2036-02-03      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Suriname (Republic of)                                        | SURINM 8.5 11/06/35 144A                               | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     200000 | PA      | $206748.52    | 0.15%             | 2035-11-06      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/EUR FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $32824.98     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 6.5 10/07/45 REGS                               | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     615000 | PA      | $679018.63    | 0.50%             | 2045-10-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS ITRAXX.EU.45.V1                                    | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-33251.96    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | TRY/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-1502.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD CALL VERSUS EUR PUT                                | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |    8163265 | NC      | $6538.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Orlen SA                                                      | PKNPW 6 01/30/35 REGS                                  | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | DBT              | CORP              | PL        |     440000 | PA      | $448549.73    | 0.33%             | 2035-01-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 7.75 10/13/19                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    2806000 | PA      | $1136159.88   | 0.83%             | 2019-10-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Baiterek National Investment Holding Joint Stock Co.          | BAINAT 4.65 10/01/30 REGS                              | CUSIP: 000000000<br>LEI: 984500B4F78F04253804 | Long             | DBT              | NUSS              | KZ        |     439000 | PA      | $429104.17    | 0.31%             | 2030-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                  | MEXPCP 5.5 08/17/30 REGs                               | CUSIP: 000000000<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |    1809000 | PA      | $1815856.09   | 1.33%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 5.75 07/04/36 144A                              | CUSIP: 775921AA7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     630000 | PA      | $584056.23    | 0.43%             | 2036-07-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                     | PDVSA 8.5 10/27/20 REGS                                | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     260000 | PA      | $267531.98    | 0.20%             | 2020-10-27      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                          | TURKEY 5.15 03/10/34                                   | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     719000 | PA      | $801178.26    | 0.59%             | 2034-03-10      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Argentina (Republic Of)                                       | ARGENT 5 01/09/38                                      | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     435000 | PA      | $327666.05    | 0.24%             | 2038-01-09      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                   | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          7 | NC      | $-28340.90    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                  | SRILAN 3.6 02/15/38 REGS                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     490000 | PA      | $436285.45    | 0.32%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                  | SRILAN 4 04/15/28 REGS                                 | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     284700 | PA      | $271061.51    | 0.20%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                       | INDON 4.97 03/04/46                                    | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     510000 | PA      | $561780.24    | 0.41%             | 2046-03-04      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| RBC Funds Trust                                               | RBC BlueBay U.S. Government Money Market Fund          | CUSIP: 74926P696<br>LEI: 549300456VUEP58RCU35 | Long             | STIV             | RF                | US        |    9632301 | NS      | $9632301.45   | 7.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/CLP FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $30500.16     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                       | INDON 3.35 03/12/71                                    | CUSIP: 455780CX2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1035000 | PA      | $621720.90    | 0.45%             | 2071-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| EDO Sukuk Ltd.                                                | ENEDEV 5.662 07/03/31 REGS                             | CUSIP: 000000000<br>LEI: 5493000LZIE4T625R469 | Long             | DBT              | CORP              | KY        |     515000 | PA      | $525521.88    | 0.38%             | 2031-07-03      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                           | KENINT 9.5 03/05/36 REGS                               | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     420000 | PA      | $409147.36    | 0.30%             | 2036-03-05      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                        | PARGUY 5.4 03/30/50 REGS                               | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     860000 | PA      | $765200.42    | 0.56%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Kazakhstan (Republic Of)                                      | KAZAKS 5.5 07/01/37 REGS                               | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    1225000 | PA      | $1227452.11   | 0.90%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                            | GASBCM 6.1027 08/23/42 REGS                            | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    1105000 | PA      | $1098774.83   | 0.80%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-432.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                  | PEMEX 5.95 01/28/31                                    | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1386000 | PA      | $1324360.79   | 0.97%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                     | ELSALV 9.25 04/17/30 REGS                              | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     510000 | PA      | $530928.05    | 0.39%             | 2030-04-17      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                       | GUATEM 6.55 02/06/37 REGS                              | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     680000 | PA      | $706964.76    | 0.52%             | 2037-02-06      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/KZT FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-49047.83    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Bogota, Distrito Capital                                      | BOGOTA 13.1404 11/05/35 144A                           | CUSIP: 097230AC0<br>LEI: 529900L83GNDA0PLHT11 | Long             | DBT              | NUSS              | CO        | 5143000000 | PA      | $1379070.56   | 1.01%             | 2035-11-05      | Fixed         | 13.14%                | No            |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                         | URUGUA 5.442 02/14/37                                  | CUSIP: 760942BH4<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    1120000 | PA      | $1143312.86   | 0.84%             | 2037-02-14      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS CDX.NA.IG.46.V1                                    | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-139698.42   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 5.375 07/24/44 30Y                                | CUSIP: 836205AS3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1000000 | PA      | $776738.97    | 0.57%             | 2044-07-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Oman (Sultanate Of)                                           | OMAN 6.75 01/17/48 REGS                                | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1465000 | PA      | $1525700.21   | 1.11%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Empresa Nacional del Petroleo                                 | ENAPCL 5.95 07/30/34 REGS                              | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $201810.59    | 0.15%             | 2034-07-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 6 12/09/20                                        | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    2554000 | PA      | $972498.39    | 0.71%             | 2020-12-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cameroon (Republic of)                                        | REPCAM 9.5 07/31/31 7Y                                 | CUSIP: 000000000<br>LEI: 54930021BO6NHYGBBV24 | Long             | DBT              | NUSS              | CM        |     645000 | PA      | $628363.41    | 0.46%             | 2031-07-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 6.5 01/21/33                                     | CUSIP: 195325EV3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     691000 | PA      | $675027.51    | 0.49%             | 2033-01-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                     | IVYCST 8.25 01/30/37 REGS                              | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     210000 | PA      | $215054.19    | 0.16%             | 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      | $-1306.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 7.95 11/19/54 REGS                                | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     200000 | PA      | $198216.64    | 0.14%             | 2054-11-19      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 7.3 04/20/52 30Y                                  | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     200000 | PA      | $184724.20    | 0.13%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                        | PARGUY 6.65 03/04/55 REGS                              | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     290000 | PA      | $300958.56    | 0.22%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                | ECOPET 4.625 11/02/31                                  | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     765000 | PA      | $677529.87    | 0.50%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                         | REPHUN 6.75 09/23/55 REGS                              | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1085000 | PA      | $1101577.47   | 0.81%             | 2055-09-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $39900.61     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 6.125 01/21/31                                   | CUSIP: 195325EU5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     410000 | PA      | $402684.66    | 0.29%             | 2031-01-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 7.1 11/19/36 REGS                                 | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1290000 | PA      | $1317866.68   | 0.96%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Serbia (Republic Of)                                          | SERBIA 6 06/12/34 REGS                                 | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     250000 | PA      | $250410.15    | 0.18%             | 2034-06-12      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                          | TURKEY 6.3 03/14/33                                    | CUSIP: 900123DT4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     990000 | PA      | $937201.32    | 0.68%             | 2033-03-14      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 6.125 12/11/37 REGS                               | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1275000 | PA      | $1181827.17   | 0.86%             | 2037-12-11      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                            | DOMREP 6.6 06/01/36 REGs                               | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     480000 | PA      | $479288.94    | 0.35%             | 2036-06-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                             | LEBAN 6.1 10/04/22 EMTN                                | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    1256000 | PA      | $294871.59    | 0.22%             | 2022-10-04      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Perusahaan Listrik Negara PT                                  | PLNIJ 4.75 02/03/31 144A                               | CUSIP: 71568PAZ2<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     324000 | PA      | $315482.40    | 0.23%             | 2031-02-03      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | NIFTY 50 INDEX                                         | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         25 | NC      | $85062.50     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | ZAR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-2442.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Costa Rica (Republic Of)                                      | COSTAR 6.55 04/03/34 REGS                              | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     400000 | PA      | $421528.36    | 0.31%             | 2034-04-03      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                  | PEMEX 6.75 09/21/47                                    | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1375000 | PA      | $1095156.70   | 0.80%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bulgaria (Republic Of)                                        | BGARIA 5 03/05/37 13Y                                  | CUSIP: 000000000<br>LEI: 529900PG0XCL4LICL838 | Long             | DBT              | NUSS              | BG        |     590000 | PA      | $569932.55    | 0.42%             | 2037-03-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                     | IVYCST 8.075 04/01/36 REGS                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     300000 | PA      | $304337.35    | 0.22%             | 2036-04-01      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 3.25 04/22/32                                    | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1160000 | PA      | $967157.78    | 0.71%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-3340.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 6.375 01/30/34 REGS                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     390000 | PA      | $387569.74    | 0.28%             | 2034-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | COP/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $30649.29     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/CLP FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-60074.14    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Dominican Republic                                            | DOMREP 11.25 09/15/35 REGS                             | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   63350000 | PA      | $1128552.77   | 0.82%             | 2035-09-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Zambia (Republic Of)                                          | ZAMBIN 0.5 12/31/53 REGS                               | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     280000 | PA      | $182772.03    | 0.13%             | 2053-12-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                             | LEBAN 8.25 04/12/21 REGS                               | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    2251000 | PA      | $533432.04    | 0.39%             | 2021-04-12      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                 | NGERIA 7.875 02/16/32 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     644000 | PA      | $651215.06    | 0.48%             | 2032-02-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Development Bank of Kazakhstan JSC                            | DBKAZ 13 04/15/27 144A                                 | CUSIP: 48129VAC0<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |  102500000 | PA      | $204057.29    | 0.15%             | 2027-04-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                          | PANAMA 6.853 03/28/54                                  | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1240000 | PA      | $1276994.66   | 0.93%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                 | NGERIA 9.1297 01/13/46 REGS                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     360000 | PA      | $374988.68    | 0.27%             | 2046-01-13      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                | MEX 3.875 05/16/31                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     730000 | PA      | $823670.46    | 0.60%             | 2031-05-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Benin (The Republic of)                                       | BENIN 8.375 01/23/41 REGS                              | CUSIP: 08205QAE8<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     295000 | PA      | $291599.42    | 0.21%             | 2041-01-23      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                  | BRAZIL 7.25 01/12/56                                   | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     685000 | PA      | $670933.60    | 0.49%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                     | ELSALV 9.65 11/21/54 REGS                              | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     545000 | PA      | $578339.29    | 0.42%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                  | UZBEK 6.9 02/28/32 REGS                                | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     257000 | PA      | $266954.28    | 0.20%             | 2032-02-28      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| OQ SAOC                                                       | OMAOIL 5.125 05/06/28 REGS                             | CUSIP: 000000000<br>LEI: 549300YK417GKI6EQ392 | Long             | DBT              | CORP              | OM        |     690000 | PA      | $687554.06    | 0.50%             | 2028-05-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                | MEX 5.375 03/22/33                                     | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     842000 | PA      | $821570.84    | 0.60%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Bahrain (Kingdom of)                                          | BHRAIN 6.625 10/06/37 REGS                             | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     400000 | PA      | $363190.87    | 0.27%             | 2037-10-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/TRY FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $4976.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                       | GUATEM 6.6 06/13/36 REGS                               | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     475000 | PA      | $497825.54    | 0.36%             | 2036-06-13      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                          | ANGOL 9.125 11/26/49 REGS                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     930000 | PA      | $807352.82    | 0.59%             | 2049-11-26      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                           | GHANA 0 07/03/26 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      25000 | PA      | $24441.96     | 0.02%             | 2026-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philippines (Republic Of)                                     | PHILIP 5.6 05/14/49                                    | CUSIP: 718286DB0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     710000 | PA      | $685549.56    | 0.50%             | 2049-05-14      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                       | GUATEM 6.875 08/15/55 REGS                             | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     308000 | PA      | $321689.49    | 0.24%             | 2055-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Senegal (Republic of)                                         | SENEGL 4.75 03/13/28 REGS                              | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     362000 | PA      | $261116.08    | 0.19%             | 2028-03-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $4650.16      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                          | ANGOL 9.875 10/15/35 REGS                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     680000 | PA      | $680760.06    | 0.50%             | 2035-10-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                          | TURKEY 7.125 02/12/32 7Y                               | CUSIP: 900123DP2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     506000 | PA      | $506631.40    | 0.37%             | 2032-02-12      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/ZAR FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $25919.51     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 5 10/12/46 30Y                                    | CUSIP: 836205AV6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     915000 | PA      | $658272.44    | 0.48%             | 2046-10-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 8.25 10/13/24                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     245000 | PA      | $104185.20    | 0.08%             | 2024-10-13      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 7.75 11/07/36                                    | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1995000 | PA      | $2040658.68   | 1.49%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                   | 2-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         29 | NC      | $-41958.19    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                   | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          7 | NC      | $-17402.28    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Uzbekneftegaz JSC                                             | UNGUZB 4.75 11/16/28 REGS                              | CUSIP: 000000000<br>LEI: 213800LUZJZFLJD4MJ51 | Long             | DBT              | CORP              | UZ        |     650000 | PA      | $621278.29    | 0.45%             | 2028-11-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Galaxy Pipeline Assets Bidco Ltd.                             | ADGLXY 2.16 03/31/34 REGS                              | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |     355189 | PA      | $314477.19    | 0.23%             | 2034-03-31      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| Congo (Republic of)                                           | REPCON 9.5 02/17/35 7Y                                 | CUSIP: 000000000<br>LEI: 529900BXT90HR4QTB688 | Long             | DBT              | NUSS              | CG        |     625000 | PA      | $561267.06    | 0.41%             | 2035-02-17      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                          | ANGOL 9.375 03/31/33 144A                              | CUSIP: 035198AK6<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1500000 | PA      | $1480640.61   | 1.08%             | 2033-03-31      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                           | KENINT 9.75 02/16/31 REGS                              | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     260000 | PA      | $266078.52    | 0.19%             | 2031-02-16      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | SPXW E 2026-03-31 PUT 6600                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |          3 | NC      | $24240.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/EUR FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $20182.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $10392.22     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                           | KENINT 7.875 10/09/33 REGS                             | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     570000 | PA      | $527837.74    | 0.39%             | 2033-10-09      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                      | EGYPT 8.5 01/31/47 REGS                                | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     502000 | PA      | $432370.29    | 0.32%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                             | LEBAN 8.25 05/17/34 89                                 | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |       5000 | PA      | $1192.47      | 0.00%             | 2034-05-17      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Comision Ejecutiva Hidroelectrica Del Rio Lempa               | CELELS 8.65 01/24/33 REGS                              | CUSIP: 000000000<br>LEI: 254900YU43PQQ27Q0E71 | Long             | DBT              | CORP              | SV        |     152000 | PA      | $156411.53    | 0.11%             | 2033-01-24      | Fixed         | 8.65%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                          | PANAMA 4.5 04/01/56                                    | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1255000 | PA      | $925656.14    | 0.68%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ADNOC Murban RSC Ltd.                                         | ADNOCM 5.125 09/11/54 REGS                             | CUSIP: 000000000<br>LEI: 213800OWGH7RAYG61M70 | Long             | DBT              | CORP              | AE        |     917000 | PA      | $787308.83    | 0.58%             | 2054-09-11      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                         | ECUA 5 07/31/40 REGS                                   | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     176969 | PA      | $138210.15    | 0.10%             | 2040-07-31      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $30715.63     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS ITRAXX.EU.45.V1                                    | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-36484.58    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Istanbul Buyuksehir Belediyesi                                | ISTNBL 10.5 12/06/28 REGS                              | CUSIP: 000000000<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     480000 | PA      | $513728.96    | 0.38%             | 2028-12-06      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Morocco (Kingdom of)                                          | MOROC 4.75 04/02/35 REGS                               | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    1115000 | PA      | $1272331.11   | 0.93%             | 2035-04-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PETRONAS Capital Ltd.                                         | PETMK 5.848 04/03/55 REGS                              | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    1070000 | PA      | $1092780.68   | 0.80%             | 2055-04-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                       | INDON 4.46 03/04/38                                    | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     605000 | PA      | $662983.31    | 0.48%             | 2038-03-04      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 7.5 02/10/37 REGS                               | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     350000 | PA      | $369108.92    | 0.27%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EDO Sukuk Ltd.                                                | ENEDEV 5.875 09/21/33 REGS                             | CUSIP: 000000000<br>LEI: 5493000LZIE4T625R469 | Long             | DBT              | CORP              | KY        |     500000 | PA      | $517939.49    | 0.38%             | 2033-09-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | KRW/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-17579.38    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                 | NGERIA 6.125 09/28/28 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     850000 | PA      | $841472.68    | 0.61%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                           | CHILE 4 01/31/52                                       | CUSIP: 168863DW5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     700000 | PA      | $542512.06    | 0.40%             | 2052-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | INR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $29813.40     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                 | NGERIA 8.6308 01/13/36 REGS                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     370000 | PA      | $384563.63    | 0.28%             | 2036-01-13      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                     | ELSALV 0.25 04/17/30 RegS                              | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     824000 | PA      | $28731.36     | 0.02%             | 2030-04-17      | Floating      | 0.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/KRW FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $19788.53     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                | ECOPET 8.875 01/13/33                                  | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     565000 | PA      | $594622.18    | 0.43%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Philippines (Republic Of)                                     | PHILIP 1.2 04/28/33                                    | CUSIP: 000000000<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     650000 | PA      | $616357.80    | 0.45%             | 2033-04-28      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                              | CFELEC 6.5 01/28/51 144A                               | CUSIP: 200447AR1<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $192919.65    | 0.14%             | 2051-01-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                  | SRILAN 3.1 01/15/30 REGS                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     265000 | PA      | $243358.54    | 0.18%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Costa Rica (Republic Of)                                      | COSTAR 7.3 11/13/54 REGS                               | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     650000 | PA      | $704621.66    | 0.51%             | 2054-11-13      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                      | EGYPT 7.3 09/30/33 REGS                                | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     200000 | PA      | $185848.51    | 0.14%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 5.625 02/19/36                                   | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     526000 | PA      | $556984.83    | 0.41%             | 2036-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SOAF 7.25 12/11/55 REGS                                | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     915000 | PA      | $835552.21    | 0.61%             | 2055-12-11      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                     | IVYCST 6.75 02/25/41 REGS                              | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     200000 | PA      | $175655.32    | 0.13%             | 2041-02-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/EUR FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-15761.99    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                            | GASBCM 6.129 02/23/38 REGS                             | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     440000 | PA      | $445472.36    | 0.33%             | 2038-02-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                 | NGERIA 9.625 06/09/31 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     529000 | PA      | $579406.69    | 0.42%             | 2031-06-09      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Istanbul Buyuksehir Belediyesi                                | ISTNBL 10.75 04/12/27 REGS                             | CUSIP: 000000000<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     200000 | PA      | $207931.06    | 0.15%             | 2027-04-12      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Mexico City Airport Trust                                     | MEXCAT 5.5 07/31/47 REGS                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     990000 | PA      | $820400.96    | 0.60%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARMENIA, REPUBLIC OF - MINISTRY OF FINANCE                    | ARMEN 6.75 03/12/35 REGS                               | CUSIP: 000000000<br>LEI: 2549008QLWTFS81EUF38 | Long             | DBT              | NUSS              | AM        |    1130000 | PA      | $1140851.28   | 0.83%             | 2035-03-12      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Serbia (Republic Of)                                          | SERBIA 6.5 09/26/33 REGS                               | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     200000 | PA      | $208491.89    | 0.15%             | 2033-09-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Credicorp Capital Sociedad Titulizadora SA                    | MUNMET 10.1 12/15/43                                   | CUSIP: 224939AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    1190000 | PA      | $364175.40    | 0.27%             | 2043-12-15      | Fixed         | 10.10%                | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/PEN FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-15638.14    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Peru (Republic Of)                                            | PERU 5.875 08/08/54                                    | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     585000 | PA      | $562675.87    | 0.41%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                | MEX 5.625 02/09/34                                     | CUSIP: 91087BBQ2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     733000 | PA      | $718012.96    | 0.52%             | 2034-02-09      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 6.125 10/07/37 REGS                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     890000 | PA      | $997975.33    | 0.73%             | 2037-10-07      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                         | URUGUA 4.975 04/20/55                                  | CUSIP: 760942BD3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    1147599 | PA      | $1014009.93   | 0.74%             | 2055-04-20      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                       | CDEL 6.3 09/08/53 REGS                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $400002.65    | 0.29%             | 2053-09-08      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                          | TURKEY 6.95 09/16/35                                   | CUSIP: 900123DR8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1045000 | PA      | $1001678.83   | 0.73%             | 2035-09-16      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                           | CHILE 5.33 01/05/54                                    | CUSIP: 168863EA2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     925000 | PA      | $871913.88    | 0.64%             | 2054-01-05      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                  | SRILAN 3.6 06/15/35 REGS                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     350000 | PA      | $263653.10    | 0.19%             | 2035-06-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                    | SAGB 8.5 01/31/37 2037                                 | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   18060000 | PA      | $997367.54    | 0.73%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RUTAS 2 & 7 FINANCE LTD                                       | RUTAPY 0 09/30/36 REGS                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     564667 | PA      | $428630.75    | 0.31%             | 2036-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                       | VENZ 12.75 08/23/22                                    | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     375000 | PA      | $188239.80    | 0.14%             | 2022-08-23      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 8 11/14/35                                       | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1650000 | PA      | $1727028.73   | 1.26%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                        | PARGUY 6 02/09/36 REGS                                 | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     230000 | PA      | $238600.98    | 0.17%             | 2036-02-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 6.625 05/16/36 REGS                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     570000 | PA      | $565334.75    | 0.41%             | 2036-05-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                          | ANGOL 8.25 05/09/28 REGS                               | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     590000 | PA      | $593846.13    | 0.43%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                | MEX 6.125 02/09/38                                     | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     588000 | PA      | $573920.05    | 0.42%             | 2038-02-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                          | ANGOL 8.75 04/14/32 REGS                               | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     296000 | PA      | $287511.74    | 0.21%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                        | PARGUY 5.85 08/21/33 REGS                              | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     235000 | PA      | $241974.09    | 0.18%             | 2033-08-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 6.5 11/26/38                                     | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     350000 | PA      | $384754.03    | 0.28%             | 2038-11-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SONANGOL FINANCE LTD                                          | SONGOL 10 01/29/31 144A                                | CUSIP: 83540CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     475000 | PA      | $472140.76    | 0.35%             | 2031-01-29      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Suriname (Republic of)                                        | SURINM 7.7 11/06/30 REGS                               | CUSIP: 000000000<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     400000 | PA      | $404269.02    | 0.30%             | 2030-11-06      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | COP/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-29242.10    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                           | CHILE 3.875 04/14/36                                   | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     744000 | PA      | $830730.78    | 0.61%             | 2036-04-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Pakistan (Islamic Republic of)                                | PKSTAN 7.375 04/08/31 REGS                             | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     970000 | PA      | $896468.94    | 0.66%             | 2031-04-08      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Navoi Mining & Metallurgical Co.                              | NAVOIM 6.7 10/17/28 REGS                               | CUSIP: 000000000<br>LEI: 213800YLNAGERZ4C3M60 | Long             | DBT              | CORP              | UZ        |     250000 | PA      | $254461.44    | 0.19%             | 2028-10-17      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 5.75 11/26/34                                    | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     410000 | PA      | $446832.57    | 0.33%             | 2034-11-26      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS ITRAXX.EU.45.V1                                    | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-36500.82    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 5.125 09/24/31 REGs                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     250000 | PA      | $286813.45    | 0.21%             | 2031-09-24      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                              | CFELEC 6.45 01/24/35 REGS                              | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     325000 | PA      | $323218.01    | 0.24%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | PEN/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $61528.02     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Capital Sociedad Titulizadora SA                    | MUNMET 9.7 03/05/45                                    | CUSIP: 224939AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     500000 | PA      | $149714.20    | 0.11%             | 2045-03-05      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| Serbia (Republic Of)                                          | SERBIA 6.25 05/26/28 REGS                              | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     400000 | PA      | $407729.28    | 0.30%             | 2028-05-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                             | LEBAN 6.375 03/09/20 GMTN                              | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     701000 | PA      | $164348.28    | 0.12%             | 2020-03-09      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Abu Dhabi Developmental Holding Co. PJSC                      | ADQABU 5.25 10/02/54 REGS                              | CUSIP: 000000000<br>LEI: 254900G082ZFKTCR2Q75 | Long             | DBT              | NUSS              | AE        |     930000 | PA      | $819169.51    | 0.60%             | 2054-10-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                             | Euro(FGBL) Bund Futures                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |        -20 | NC      | $58463.12     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/MXN FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-736.37      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 4.5 11/26/30                                     | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     385000 | PA      | $430226.07    | 0.31%             | 2030-11-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                            | GASBCM 6.51 02/23/42 REGS                              | CUSIP: 000000000<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $414048.04    | 0.30%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 5.375 06/07/33 REGS                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     570000 | PA      | $642080.49    | 0.47%             | 2033-06-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/DOP FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $3393.42      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Varlik Fonu                                           | TURKWF 7.75 09/10/35                                   | CUSIP: 000000000<br>LEI: 789000MAPAG7J8DI3112 | Long             | DBT              | CORP              | TR        |     250000 | PA      | $245245.65    | 0.18%             | 2035-09-10      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                      | EGYPT 7.903 02/21/48 REGS                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1667000 | PA      | $1351480.95   | 0.99%             | 2048-02-21      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| Montenegro (Republic of)                                      | MONTEN 7.25 03/12/31 REGS                              | CUSIP: 000000000<br>LEI: 747800V014106FYLL014 | Long             | DBT              | NUSS              | ME        |     570000 | PA      | $592327.34    | 0.43%             | 2031-03-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Philippines (Republic Of)                                     | PHILIP 2.95 05/05/45                                   | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     835000 | PA      | $558696.90    | 0.41%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | COP/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $22983.70     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                 | NGERIA 7.375 09/28/33 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     400000 | PA      | $390172.92    | 0.29%             | 2033-09-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | USD/INR FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $23400.47     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                  | SRILAN 3.35 03/15/33 REGS                              | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     630000 | PA      | $525218.63    | 0.38%             | 2033-03-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | CDS REPUBLIC OF ARGENTINA                              | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCR              | CORP              | GB        |          1 | NC      | $20407.96     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cordoba (Province Of)                                         | PDCAR 9.75 07/02/32 REGS                               | CUSIP: 000000000<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |     384000 | PA      | $393311.27    | 0.29%             | 2032-07-02      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                              | CFELEC 6.045 01/28/34 144A                             | CUSIP: 200447AQ3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     309000 | PA      | $299288.19    | 0.22%             | 2034-01-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | COP/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |          1 | NC      | $-32023.80    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| America Movil S.A.B. de C.V.                                  | AMXLMM 9.5 01/27/31                                    | CUSIP: 02364WBL8<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |   12580000 | PA      | $702866.84    | 0.51%             | 2031-01-27      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Buenos Aires (Province Of)                                    | BUENOS 6.625 09/01/37 REGS                             | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    1581353 | PA      | $1193750.49   | 0.87%             | 2037-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                  | BRAZIL 7.125 05/13/54                                  | CUSIP: 105756CJ7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     210000 | PA      | $206005.79    | 0.15%             | 2054-05-13      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                         | ECUA 8.75 01/29/34 144A                                | CUSIP: 27927WAQ5<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     925000 | PA      | $905941.54    | 0.66%             | 2034-01-29      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                         | UKRAIN 4 02/01/32 REGS                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     590000 | PA      | $425978.15    | 0.31%             | 2032-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Montego Bay Airport Revenue Finance Ltd.                      | MOAIRJ 6.6 06/15/35 REGS                               | CUSIP: 000000000<br>LEI: 2549008BQQ5ON8H2UC19 | Long             | DBT              | CORP              | KY        |     555000 | PA      | $534287.08    | 0.39%             | 2035-06-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                       | GUATEM 6.05 08/06/31 REGS                              | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     298000 | PA      | $303469.94    | 0.22%             | 2031-08-06      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                  | PEMEX 7.69 01/23/50                                    | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2854000 | PA      | $2472991.26   | 1.81%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                          | TURKEY 7.25 05/29/32                                   | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2040000 | PA      | $2045005.15   | 1.49%             | 2032-05-29      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                       | CDEL 5.95 01/08/34 REGS                                | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $817459.44    | 0.60%             | 2034-01-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                           | KENINT 8.8 10/09/38 REGS                               | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     690000 | PA      | $634020.97    | 0.46%             | 2038-10-09      | Fixed         | 8.80%                 | No            |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                  | UZBEK 3.9 10/19/31 REGS                                | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     430000 | PA      | $387341.37    | 0.28%             | 2031-10-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | SPXW E 2026-03-31 PUT 6200                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               | CORP              | US        |         -3 | NC      | $-15.00       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 4.625 03/04/33 144A                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     925000 | PA      | $1000852.74   | 0.73%             | 2033-03-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Export-Import Bank of India                                   | EXIMBK 5.5 01/13/35 REGS                               | CUSIP: 000000000<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     905000 | PA      | $922783.64    | 0.67%             | 2035-01-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                         | REPHUN 5.5 03/26/36 REGS                               | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     360000 | PA      | $349921.70    | 0.26%             | 2036-03-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                        | COLOM 5 09/19/32                                       | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     335000 | PA      | $365281.09    | 0.27%             | 2032-09-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                             | LEBAN 6 01/27/23 10Y                                   | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     716000 | PA      | $168604.50    | 0.12%             | 2023-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS CDX.EM.45.V1                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $53334.28     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Development Bank of Kazakhstan JSC                            | DBKAZ 13.4892 05/23/28 144A                            | CUSIP: 25159XAF0<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |  175000000 | PA      | $342103.04    | 0.25%             | 2028-05-23      | Fixed         | 13.49%                | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                         | ECUA 9.25 01/29/39 144A                                | CUSIP: 27927WAR3<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     525000 | PA      | $514170.25    | 0.38%             | 2039-01-29      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                           | GHANA 5 07/03/29 REGS                                  | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     437500 | PA      | $416742.97    | 0.30%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                | MEX 6.875 05/13/37                                     | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     975000 | PA      | $1019378.85   | 0.74%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                         | ROMANI 5.75 03/24/35 REGS                              | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    1384000 | PA      | $1306785.26   | 0.95%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Argentina (Republic Of)                                       | ARGENT 3.5 07/09/41                                    | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    3268816 | PA      | $2181934.68   | 1.59%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | CDS CDX.EM.45.V1                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |          1 | NC      | $13385.85     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**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.