# EDGAR Filing Document

**Accession Number:** 0000795264
**File Stem:** 0000894189-26-012637
**Filing Date:** 2026-4
**Character Count:** 274942
**Document Hash:** 45f561ccea3951f36bd9f8b77abeaf67
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-012637.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0000894189-26-012637

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THOMPSON IM FUNDS INC
- **CENTRAL INDEX KEY:** 0000795264

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04946
- **FILM NUMBER:** 26887309

**BUSINESS ADDRESS:**
- **STREET 1:** 1255 FOURIER DRIVE
- **STREET 2:** SUITE 200
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53717
- **BUSINESS PHONE:** 608-827-5700

**MAIL ADDRESS:**
- **STREET 1:** 1255 FOURIER DRIVE
- **STREET 2:** SUITE 200
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** THOMPSON PLUMB FUNDS INC
- **DATE OF NAME CHANGE:** 19970401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** THOMPSON UNGER & PLUMB FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MADISON TOTAL RETURN FUND INC
- **DATE OF NAME CHANGE:** 19861222

## Series and Classes Contracts Data

### Thompson Bond Fund (Series ID: S000002452)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000006582 | Thompson Bond Fund | thopx           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **BOND FUND SCHEDULE OF INVESTMENTS (Unaudited)** |  |  |  |  |
| **February 28, 2026** |  |  |  |  |
|  | Rate (%) | Maturity Date | Principal Amount | Value |
| **BONDS - 90.3%** |  |  |  | **$1775309892** |
| (COST $1,875,978,748) |  |  |  |  |
| **Asset-Backed Securities - 7.8%** |  |  |  | **153322353** |
| AASET Trust, Series 2022-1A A (l) | 6.000 | 05/16/47 | 3809483 | 3913806 |
| AASET Trust, Series 2024-1A A1 (l) | 6.261 | 05/16/49 | 7676538 | 7910226 |
| American Airlines, Series 2015-1 A | 3.375 | 11/01/28 | 900763 | 890727 |
| American Airlines, Series 2017-1 A | 4.000 | 08/15/30 | 178195 | 173626 |
| Blackbird Capital Aircraft Lease Securitization Ltd., Series 2016-1A A (l) | 4.213 | 12/16/41 | 286336 | 287023 |
| Blackbird Capital Aircraft Lease Securitization Ltd., Series 2016-1A B (l) | 5.682 | 12/16/41 | 405581 | 406319 |
| Business Jet Securities, LLC, Series 2022-1A A (l) | 4.455 | 06/15/37 | 2992591 | 2984862 |
| Business Jet Securities, LLC, Series 2022-1A B (l) | 5.192 | 06/15/37 | 427513 | 427668 |
| Business Jet Securities, LLC, Series 2024-1A A (l) | 6.197 | 05/15/39 | 5887134 | 6092349 |
| Castle Aircraft Securitization Trust, Series 2019-1A A (l) | 3.967 | 04/15/39 | 649547 | 643063 |
| CLI Funding IX LLC, Series 2024-1A B (l) | 5.660 | 07/20/49 | 3625958 | 3665408 |
| CVS Pass-Through Trust | 6.943 | 01/10/30 | 1400072 | 1460497 |
| DCAL Aviation Finance Ltd. (AIM), Series 2015-1A A1 (f)(l) | 6.213 | 02/15/40 | 472756 | 462951 |
| ECAF I Ltd., Series 2015-1A A2 (l) | 4.947 | 06/15/40 | 3130188 | 2899524 |
| ECAF I Ltd., Series 2015-1A B1 (l) | 5.802 | 06/15/40 | 19177362 | 9369675 |
| GAIA Aviation Ltd. (TAILWIND), Series 2019-1 B (l) | 5.193 | 12/15/44 | 2888439 | 2847236 |
| HOA RoyaltyCo LLC, Series 2025-1A 2I (i)(l)(m)(n) | 4.723 | 11/22/55 | 12856756 | 6043961 |
| Horizon Aircraft Finance I Ltd., Series 2018-1 B (l) | 5.270 | 12/15/38 | 2702399 | 2526765 |
| Horizon Aircraft Finance II Ltd., Series 2019-1 A (l) | 3.721 | 07/15/39 | 998679 | 991168 |
| Horizon Aircraft Finance IV Ltd., Series 2024-1 A (l) | 5.375 | 09/15/49 | 7143690 | 7286024 |
| JOL Air Limited, Series 2019-1 B (l) | 4.948 | 04/15/44 | 502672 | 500160 |
| Labrador Aviation Finance Ltd., Series 2016-1A B1 (l) | 5.682 | 01/15/42 | 13512137 | 13513893 |
| Lafayette Federal Credit Union Asset Trust (MRQI), Series 2026-HI1A A2 (l) | 5.375 | 01/25/46 | 6000000 | 6049862 |
| MACH 1 Cayman Ltd., Series 2019-1 B (l) | 4.335 | 10/15/39 | 448148 | 444692 |
| METAL LLC, Series 2017-1 A (l) | 4.581 | 10/15/42 | 11675998 | 8114342 |
| METAL LLC, Series 2017-1 B (l)(m) | 6.500 | 10/15/42 | 26657035 | 8796555 |
| Phantom Aviation, Series 2026-1 A (l) | 5.240 | 01/15/51 | 3500000 | 3561774 |
| Pioneer Aircraft Finance Ltd., Series 2019-1 B (l) | 4.948 | 06/15/44 | 298314 | 296851 |
| Pk Alift Loan Funding 6 LP, Series 2025-1 A (l) | 5.365 | 11/15/42 | 3707514 | 3769793 |
| Project Silver, Series 2019-1 A (l) | 3.967 | 07/15/44 | 3402630 | 3384970 |
| PROP Limited, Series 2017-1 B (l)(m) | 6.900 | 03/15/42 | 3836109 | 2904318 |
| Signal Rail IV LLC, Series 2025-1A A (l) | 5.180 | 11/17/55 | 5784992 | 5887968 |
| Signal Rail IV LLC, Series 2025-1A B (l) | 5.360 | 11/17/55 | 1700000 | 1721915 |
| Slam Ltd., Series 2024-1A A (l) | 5.335 | 09/15/49 | 1689651 | 1726133 |
| SMB Private Education Loan Trust, Series 2014-A C (l) | 4.500 | 09/15/45 | 7000000 | 6435527 |
| Sprite Limited, Series 2021-1 A (l) | 3.750 | 11/15/46 | 4341657 | 4278379 |
| Sprite Limited, Series 2021-1 B (l) | 5.100 | 11/15/46 | 1377180 | 1371701 |
| TGIF Funding LLC, Series 2017-1A A2 (l)(m) | 6.202 | 04/30/47 | 10990469 | 9365257 |
| Thrust Engine Leasing DAC, Series 2021-1A A (l) | 4.163 | 07/15/40 | 2901285 | 2872866 |
| Thunderbolt Aircraft Lease Ltd., Series 2019-1 B (l) | 4.750 | 11/15/39 | 1213964 | 1198280 |
| Trinity Rail Leasing, Series 2025-1A A (l) | 5.090 | 10/19/55 | 2966742 | 3008716 |
| Trinity Rail Leasing, Series 2025-1A B (l) | 5.300 | 10/19/55 | 1160000 | 1168204 |
| United Airlines, Series 2020-1 A | 5.875 | 04/15/29 | 1628031 | 1667319 |
| **Commercial Mortgage-Backed Securities - 8.8%** |  |  |  | **172420885** |
| BBCMS Mortgage Trust, Series 2015-VFM A2 (l) | 3.375 | 03/12/36 | 3000000 | 2991275 |
| CG-CCRE Commercial Mortgage Trust, Series 2014-FL1 B<br> (1.0 x (TSFR1M + 1.26448%), floor 1.150%) (d)(l) | 4.924 | 06/15/31 | 5608848 | 5526142 |
| Citigroup Commercial Mortgage Trust, Series 2015-GC35 C (d) | 4.386 | 11/10/48 | 7000000 | 5192755 |
| Citigroup Commercial Mortgage Trust, Series 2016-GC36 C (d) | 4.675 | 02/10/49 | 5000000 | 4391950 |
| COMM Mortgage Trust, Series 2012-CR4 AM (f) | 3.251 | 10/15/45 | 3000000 | 2925110 |
| COMM Mortgage Trust, Series 2014-CR16 C (d) | 4.724 | 04/10/47 | 5000000 | 4787500 |
| COMM Mortgage Trust, Series 2014-UBS4 D (d)(f)(l) | 4.520 | 08/10/47 | 9740000 | 2191792 |
| COMM Mortgage Trust, Series 2014-UBS5 B | 4.514 | 09/10/47 | 3270000 | 3172219 |
| COMM Mortgage Trust, Series 2014-UBS5 C (d)(f) | 4.602 | 09/10/47 | 6500000 | 6045634 |
| COMM Mortgage Trust, Series 2015-DC1 C (d) | 4.279 | 02/10/48 | 540000 | 476496 |
| COMM Mortgage Trust, Series 2015-PC1 D (d) | 4.343 | 07/10/50 | 2500000 | 2075000 |
| Credit Suisse Commercial Mortgage Securities Corp., Series 2016-NXSR C (d) | 4.417 | 12/15/49 | 3000000 | 2896525 |
| CSAIL Commercial Mortgage Trust, Series 2015-C1 C (d) | 3.742 | 04/15/50 | 1780000 | 1655400 |
| CSAIL Commercial Mortgage Trust, Series 2015-C2 C (d) | 4.120 | 06/15/57 | 1798575 | 1717657 |
| CSAIL Commercial Mortgage Trust, Series 2015-C3 B (d) | 3.880 | 08/15/48 | 3645690 | 3474343 |
| CSAIL Commercial Mortgage Trust, Series 2015-C3 D (d) | 3.130 | 08/15/48 | 5795000 | 4354942 |
| DBUBS Mortgage Trust, Series 2011-LC3A PM1 (l) | 4.452 | 05/10/44 | 7220321 | 6868475 |
| DBUBS Mortgage Trust, Series 2011-LC3A PM2 (d)(f)(l) | 4.758 | 05/10/44 | 4197000 | 2691410 |
| GS Mortgage Securities Trust, Series 2014-GC24 B (d) | 4.297 | 09/10/47 | 4340000 | 4209188 |
| HMH Trust, Series 2017-NSS A (f)(l) | 3.062 | 07/05/31 | 5850000 | 4854856 |
| J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2011-C3 B (l) | 5.013 | 02/15/46 | 1831434 | 1801359 |
| J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2011-C3 C (l) | 5.360 | 02/15/46 | 9250000 | 8885355 |
| J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2012-LC9 C (d)(l) | 3.499 | 12/15/47 | 961455 | 942216 |
| J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2014-C20 D (d)(f)(l) | 4.462 | 07/15/47 | 4268180 | 1621866 |
| JPMBB Commercial Mortgage Securities Trust, Series 2013-C12 C (d) | 3.859 | 07/15/45 | 1913342 | 1865279 |
| JPMBB Commercial Mortgage Securities Trust, Series 2013-C14 C (d) | 3.931 | 08/15/46 | 2291674 | 2235987 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C18 C (d) | 4.474 | 02/15/47 | 5060000 | 4930211 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C22 D (d)(f)(l) | 4.514 | 09/15/47 | 4966000 | 3290422 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C24 B | 4.116 | 11/15/47 | 10400000 | 9826347 |
| JPMBB Commercial Mortgage Securities Trust, Series 2015-C28 C (d) | 4.284 | 10/15/48 | 842927 | 830283 |
| JPMBB Commercial Mortgage Securities Trust, Series 2015-C32 B (f) | 4.389 | 11/15/48 | 500000 | 254950 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C10 C (d) | 3.951 | 07/15/46 | 2750000 | 2557117 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C11 AS (d) | 3.892 | 08/15/46 | 4159083 | 4017674 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C12 C (d) | 4.601 | 10/15/46 | 381777 | 362692 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C21 C (d) | 3.951 | 03/15/48 | 8000000 | 7256000 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22 D (d)(f)(l) | 3.970 | 04/15/48 | 5000000 | 2500000 |
| Morgan Stanley Capital I Trust, Series 2011-C2 D (d)(l) | 5.213 | 06/15/44 | 269841 | 267197 |
| Morgan Stanley Capital I Trust, Series 2015-UBS8 C (d) | 4.320 | 12/15/48 | 3608160 | 3535997 |
| Morgan Stanley Capital I Trust, Series 2016-UB12 C (d)(f) | 4.075 | 12/15/49 | 5000000 | 3937703 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C27 C | 3.894 | 02/15/48 | 4210242 | 3706276 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C31 C (d) | 4.672 | 11/15/48 | 69148 | 67938 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-C31 D (f) | 3.852 | 11/15/48 | 5189370 | 4682836 |
| Wells Fargo Commercial Mortgage Trust, Series 2015-SG1 C (d) | 4.290 | 09/15/48 | 3747302 | 3611350 |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C36 C (d) | 4.088 | 11/15/59 | 3000000 | 2549115 |
| Wells Fargo Commercial Mortgage Trust, Series 2017-SMP A<br> (1 x (TSFR1M + 0.921%), floor 0.875%) (d)(l) | 4.581 | 12/15/34 | 1625000 | 1511332 |
| WFRBS Commercial Mortgage Trust, Series 2012-C10 B | 3.744 | 12/15/45 | 818281 | 789641 |
| WFRBS Commercial Mortgage Trust, Series 2012-C10 C (d) | 4.333 | 12/15/45 | 7000000 | 5932500 |
| WFRBS Commercial Mortgage Trust, Series 2013-C14 B (d) | 3.790 | 06/15/46 | 1500000 | 1424895 |
| WFRBS Commercial Mortgage Trust, Series 2013-C15 B (d) | 4.152 | 08/15/46 | 3318279 | 3225400 |
| WFRBS Commercial Mortgage Trust, Series 2014-C20 C (f) | 4.513 | 05/15/47 | 4500000 | 1980000 |
| WFRBS Commercial Mortgage Trust, Series 2014-C21 C | 4.234 | 08/15/47 | 3000000 | 2853000 |
| WFRBS Commercial Mortgage Trust, Series 2014-C21 D (f)(l) | 3.497 | 08/15/47 | 5000000 | 4527050 |
| WP Glimcher Mall Trust, Series 2015-WPG B (d)(l) | 3.516 | 06/05/35 | 2231464 | 2142228 |
| **Corporate Bonds - 68.8%** |  |  |  | **1351105127** |
| A10 Capital, LLC (l) | 5.875 | 08/17/26 | 5000000 | 4951391 |
| A10 Capital, LLC (l) | 5.875 | 08/17/26 | 1500000 | 1485417 |
| AbbVie Inc. | 4.500 | 05/14/35 | 500000 | 495421 |
| ACRES Commercial Realty Corp. | 5.750 | 08/15/26 | 8000000 | 7944664 |
| AEP Texas Inc. | 5.700 | 05/15/34 | 2000000 | 2119458 |
| Affiliated Managers Group, Inc. | 5.500 | 08/20/34 | 4500000 | 4601178 |
| Affiliated Managers Group, Inc. | 5.500 | 02/15/36 | 3000000 | 3028799 |
| Air Lease Corp. | 3.000 | 02/01/30 | 7500000 | 7105853 |
| Albemarle Corp. | 5.050 | 06/01/32 | 7250000 | 7391793 |
| Alexandria Real Estate Equities, Inc. | 4.700 | 07/01/30 | 1350000 | 1370350 |
| Alexandria Real Estate Equities, Inc. | 4.750 | 04/15/35 | 5000000 | 4872276 |
| Alexandria Real Estate Equities, Inc. | 5.250 | 05/15/36 | 750000 | 753827 |
| Alliant Energy Finance LLC (l) | 1.400 | 03/15/26 | 2187000 | 2182805 |
| Ally Financial Inc. | 4.750 | 06/09/27 | 6454000 | 6503810 |
| Ameren Corp. | 1.950 | 03/15/27 | 960000 | 941053 |
| American Assets Trust, L.P. | 6.150 | 10/01/34 | 7000000 | 7172699 |
| American Coastal Insurance Corp. (c) | 6.250 | 12/15/27 | 2250000 | 2250328 |
| American Financial Group, Inc. | 5.000 | 09/23/35 | 500000 | 494428 |
| American Honda Finance Corp. | 5.200 | 03/05/35 | 750000 | 767841 |
| American Tower Corp. | 3.650 | 03/15/27 | 4550000 | 4534502 |
| Americold Realty Operating Partnership, L.P. | 5.409 | 09/12/34 | 7532000 | 7466559 |
| Anheuser-Busch InBev Worldwide Inc. | 6.625 | 08/15/33 | 500000 | 569970 |
| Aptiv Swiss Holdings Ltd. | 4.650 | 09/13/29 | 7000000 | 7167547 |
| Aptiv Swiss Holdings Ltd. | 5.150 | 09/13/34 | 2485000 | 2551679 |
| Arizona Public Service Co. | 5.625 | 05/15/33 | 5000000 | 5176438 |
| Arrow Electronics, Inc. | 5.875 | 04/10/34 | 6920000 | 7292459 |
| Assured Guaranty US Holdings Inc. (TSFR3M + 2.64161%) (d)(k) | 6.365 | 12/15/66 | 12106000 | 10265844 |
| AT&T Inc. | 7.700 | 05/01/32 | 1000000 | 1159318 |
| AT&T Inc. | 4.500 | 05/15/35 | 2750000 | 2680326 |
| AT&T Inc. | 4.900 | 11/01/35 | 3750000 | 3758259 |
| Avery Dennison Corp. | 6.000 | 01/15/33 | 205000 | 218095 |
| Avnet, Inc. | 6.250 | 03/15/28 | 2000000 | 2074783 |
| Avnet, Inc. | 3.000 | 05/15/31 | 580000 | 535116 |
| Avnet, Inc. | 5.500 | 06/01/32 | 4549000 | 4723893 |
| BAC Capital Trust XIII (Greater of 4.000% or (TSFR3M + 0.66161%), floor 4.000%) (d)(j)(k) | 4.385 | 03/14/26 | 2500000 | 1941519 |
| Banc of California, Inc. (TSFR3M + 4.195%) (d) | 7.855 | 10/30/30 | 12500000 | 12396700 |
| Bank of America Corp. (4.0 x (USISDA10 - USISDA02 - 0.250%), floor 0.000%, cap 10.000%) (d) | 0.549 | 11/19/30 | 671000 | 563015 |
| Bank of America Corp. | 5.100 | 10/22/37 | 5000000 | 4982533 |
| Bank of Marin Bancorp (6.750% to 12/01/30, then TSFR3M + 3.350%) (h)(l) | 6.750 | 12/01/35 | 6000000 | 5966086 |
| Bank of Montreal (6.709% to 08/25/29, then H15T5Y + 2.979%) (h)(j)(k) | 6.709 | 08/25/26 | 6977000 | 7010162 |
| Bank of New York Mellon Corp. (3.700% to 03/20/26, then H15T5Y + 3.352%) (h)(j)(k) | 3.700 | 03/20/26 | 1000000 | 999175 |
| Barclays Bank PLC | 5.000 | 08/01/30 | 5000000 | 5003611 |
| Baxter Int'l. Inc. | 1.915 | 02/01/27 | 810000 | 794187 |
| Baxter Int'l. Inc. | 2.539 | 02/01/32 | 1000000 | 874970 |
| Baxter Int'l. Inc. | 5.650 | 12/15/35 | 5500000 | 5596271 |
| Bay Banks of Virginia, Inc. (TSFR3M + 4.335%, floor 4.335%) (d)(l) | 8.006 | 10/15/29 | 1773034 | 1738324 |
| BCB Bancorp, Inc. (9.250% to 09/01/29, then TSFR3M + 5.820%) (h) | 9.250 | 09/01/34 | 5000000 | 5570005 |
| Berry Global, Inc. | 1.650 | 01/15/27 | 278000 | 272796 |
| Berry Global, Inc. | 5.500 | 04/15/28 | 5550000 | 5725464 |
| Bio-Rad Laboratories, Inc. | 3.300 | 03/15/27 | 2818000 | 2797164 |
| Black Hills Corp. | 3.150 | 01/15/27 | 250000 | 248313 |
| Block Financial LLC | 2.500 | 07/15/28 | 2750000 | 2620803 |
| Block Financial LLC | 3.875 | 08/15/30 | 4500000 | 4282943 |
| Boardwalk Pipelines, LP | 4.450 | 07/15/27 | 3575000 | 3590656 |
| Boeing Co. | 5.150 | 05/01/30 | 2300000 | 2382699 |
| Boeing Co. | 6.125 | 02/15/33 | 1000000 | 1093758 |
| Boeing Co. | 3.300 | 03/01/35 | 2381000 | 2109521 |
| BofA Finance LLC | 4.150 | 11/26/27 | 733000 | 736164 |
| Booz Allen Hamilton Inc. | 5.950 | 08/04/33 | 3500000 | 3590987 |
| Booz Allen Hamilton Inc. | 5.950 | 04/15/35 | 3250000 | 3299953 |
| BorgWarner, Inc. | 2.650 | 07/01/27 | 2522000 | 2476720 |
| BorgWarner, Inc. | 5.400 | 08/15/34 | 4401000 | 4574482 |
| Boston Properties LP | 3.250 | 01/30/31 | 4085000 | 3849001 |
| Boston Properties LP | 5.750 | 01/15/35 | 3005000 | 3062586 |
| Broadmark Realty Capital Inc. (l) | 5.000 | 11/15/26 | 5000000 | 4805406 |
| Brown & Brown, Inc. | 4.600 | 12/23/26 | 2500000 | 2512498 |
| Brown & Brown, Inc. | 5.650 | 06/11/34 | 3573000 | 3678665 |
| Brunswick Corp. | 2.400 | 08/18/31 | 2781000 | 2471314 |
| Brunswick Corp. | 4.400 | 09/15/32 | 5600000 | 5439753 |
| Cabot Corp. | 3.400 | 09/15/26 | 732000 | 727456 |
| Cabot Corp. | 6.570 | 10/21/27 | 500000 | 511654 |
| Canadian Imperial Bank of Commerce | 4.450 | 10/17/30 | 6007000 | 5997167 |
| Canadian Imperial Bank of Commerce | 5.200 | 12/12/35 | 5000000 | 5007804 |
| Capital Impact Partners | 5.335 | 08/01/30 | 3000000 | 3091180 |
| Capital Impact Partners | 5.999 | 08/01/35 | 3000000 | 3222491 |
| Capital One Financial Corp. | 4.100 | 02/09/27 | 6040000 | 6046276 |
| Capital One Financial Corp. | 3.650 | 05/11/27 | 1000000 | 996866 |
| Cardinal Health, Inc. | 5.350 | 11/15/34 | 2477000 | 2577649 |
| Carrington Holding Co., LLC (l) | 9.250 | 05/15/29 | 5000000 | 5020798 |
| Carrington Holding Co., LLC (l) | 9.750 | 05/15/31 | 5000000 | 4965452 |
| CDW LLC / CDW Finance Corp. | 5.100 | 03/01/30 | 1500000 | 1525117 |
| CDW LLC / CDW Finance Corp. | 3.569 | 12/01/31 | 2250000 | 2105117 |
| CDW LLC / CDW Finance Corp. | 5.550 | 08/22/34 | 3250000 | 3280073 |
| Change Co. CDFI LLC (4.750% to 09/30/26, then SOFRRATE + 4.080%) (h)(l) | 4.750 | 09/30/31 | 7000000 | 6925530 |
| Cheniere Energy Partners, L.P. | 4.500 | 10/01/29 | 4500000 | 4527443 |
| Cheniere Energy, Inc. | 4.625 | 10/15/28 | 3000000 | 2999377 |
| Choice Hotels Int'l., Inc. | 3.700 | 01/15/31 | 1102000 | 1062149 |
| Choice Hotels Int'l., Inc. | 5.850 | 08/01/34 | 6900000 | 7166849 |
| Cigna Group | 5.250 | 02/15/34 | 750000 | 778364 |
| Cincinnati Financial Corp. | 6.125 | 11/01/34 | 3000000 | 3240920 |
| Citibank, N.A. | 5.570 | 04/30/34 | 750000 | 797472 |
| Citigroup Global Markets Holdings Inc. (SOFRRATE - 0.100%, floor 0.000%) (d) | 3.639 | 12/02/62 | 1000000 | 979916 |
| Citigroup, Inc. (4.0 x (USISDA30 - USISDA05), floor 0.000%, cap 10.000%) (d) | 2.789 | 07/09/28 | 740000 | 680289 |
| Citigroup, Inc. (4.0 x (USISDA30 - USISDA05), floor 0.000%, cap 10.000%) (d) | 2.619 | 11/15/28 | 245000 | 218027 |
| Citigroup, Inc. (4.0 x (USISDA30 - USISDA02), floor 0.000%, cap 10.000%) (d) | 3.257 | 12/23/29 | 1152000 | 1048198 |
| Citigroup, Inc. (4.0 x (USISDA10 - USISDA02 - 0.250%), floor 0.000%, cap 10.000%) (d) | 0.549 | 11/19/30 | 727000 | 591371 |
| Citigroup, Inc. (4.35 x (USISDA30 - USISDA05), floor 0.000%, cap 10.000%) (d) | 3.033 | 07/09/33 | 1394000 | 1133719 |
| Citigroup, Inc. (5.0 x (USISDA30 - USISDA05), floor 0.000%, cap 10.000%) (d) | 3.517 | 12/20/33 | 2863000 | 2393465 |
| Citigroup, Inc. | 5.050 | 02/29/36 | 6000000 | 5994011 |
| Citigroup, Inc. (TSFR3M + 0.81161%) (d) | 4.481 | 08/25/36 | 868000 | 791622 |
| Colgate-Palmolive Co. (TSFR3M - 0.03839%) (d) | 3.651 | 09/27/41 | 436000 | 434631 |
| Colgate-Palmolive Co. (TSFR3M - 0.03839%) (d) | 3.733 | 12/04/46 | 1375000 | 1363622 |
| Comcast Corp. | 5.300 | 06/01/34 | 1250000 | 1305789 |
| Comcast Corp. | 3.200 | 07/15/36 | 4978000 | 4321444 |
| Conagra Brands, Inc. | 5.750 | 08/01/35 | 7250000 | 7476587 |
| Concentrix Corp. | 6.850 | 08/02/33 | 7056000 | 6748426 |
| Congressional Bancshares, Inc. (Forbright, Inc.) (TSFR3M + 4.390%) (d)(l) | 8.177 | 12/01/29 | 5000000 | 4908492 |
| Constellation Brands, Inc. | 3.500 | 05/09/27 | 2798000 | 2784613 |
| Cousins Properties LP | 5.250 | 07/15/30 | 7000000 | 7235583 |
| Cox Communications, Inc. | 6.800 | 08/01/28 | 5000000 | 5255903 |
| Crown Capital Holdings LLC (e)(f)(l)(m) | 12.500 | 01/15/25 | 7000000 | 4200000 |
| Crown Castle Inc. | 2.900 | 03/15/27 | 3945000 | 3902370 |
| Crown Castle Inc. | 3.300 | 07/01/30 | 1717000 | 1645466 |
| CubeSmart LP | 3.125 | 09/01/26 | 500000 | 497469 |
| Customers Bancorp, Inc. (6.875% to 01/15/31, then TSFR3M + 3.420%) (h) | 6.875 | 01/15/36 | 6000000 | 6077811 |
| CVS Health Corp. | 5.300 | 06/01/33 | 1000000 | 1036928 |
| CVS Health Corp. | 4.875 | 07/20/35 | 4770000 | 4741303 |
| Darden Restaurants, Inc. | 3.850 | 05/01/27 | 336000 | 335416 |
| Darden Restaurants, Inc. | 6.300 | 10/10/33 | 3850000 | 4232046 |
| Darden Restaurants, Inc. | 6.000 | 08/15/35 | 1007000 | 1047523 |
| Dell Int'l. LLC / EMC Corp. | 4.850 | 02/01/35 | 3350000 | 3328317 |
| Dentsply Sirona Inc. | 3.250 | 06/01/30 | 8183000 | 7677949 |
| Deutsche Bank AG | 5.250 | 01/12/36 | 5000000 | 5007858 |
| Digital Realty Trust, L.P. | 5.550 | 01/15/28 | 2000000 | 2058520 |
| Digital Realty Trust, L.P. | 3.600 | 07/01/29 | 489000 | 482685 |
| Discovery Communications, LLC | 3.625 | 05/15/30 | 1200000 | 1164000 |
| Discovery Global Holdings, Inc. | 4.279 | 03/15/32 | 3458000 | 3172715 |
| DOC DR LLC (Physicians Realty Trust) | 2.625 | 11/01/31 | 2500000 | 2273861 |
| Dollar General Corp. | 5.000 | 11/01/32 | 2000000 | 2052442 |
| Dollar General Corp. | 5.450 | 07/05/33 | 3060000 | 3214930 |
| Eagle Bancorp, Inc. | 10.000 | 09/30/29 | 6000000 | 6224514 |
| eBay Inc. | 5.125 | 11/06/35 | 7400000 | 7478540 |
| Enact Holdings, Inc. | 6.250 | 05/28/29 | 6650000 | 6983275 |
| Energy Transfer LP | 4.400 | 03/15/27 | 1429000 | 1433548 |
| Enstar Group Ltd. | 3.100 | 09/01/31 | 8132000 | 7325674 |
| Enterprise Products Operating LLC (TSFR3M + 3.03911%) (d)(k) | 6.831 | 06/01/67 | 7278000 | 7267832 |
| EPR Properties | 4.950 | 04/15/28 | 1027000 | 1039053 |
| EPR Properties | 3.600 | 11/15/31 | 6397000 | 6001092 |
| Equifax Inc. | 5.100 | 12/15/27 | 6943000 | 7072686 |
| Essent Group Ltd. | 6.250 | 07/01/29 | 5000000 | 5262040 |
| EverBank Financial Corp. (8.375% to 03/01/30, then TSFR3M + 5.020%) (h)(l) | 8.375 | 09/01/34 | 4000000 | 4204658 |
| EverBank Financial Corp. (7.500% to 09/01/30, then TSFR3M + 4.070%) (h)(l) | 7.500 | 09/01/35 | 2000000 | 2109981 |
| Everest Reinsurance Holdings Inc. (TSFR3M + 2.64661%) (d)(k) | 6.299 | 05/01/67 | 9455000 | 9125857 |
| Exelon Corp. | 2.750 | 03/15/27 | 4000000 | 3953084 |
| F&G Annuities & Life, Inc. | 6.250 | 10/04/34 | 7298000 | 6942983 |
| FactSet Research Systems Inc. | 2.900 | 03/01/27 | 4500000 | 4442919 |
| FactSet Research Systems Inc. | 3.450 | 03/01/32 | 2500000 | 2291256 |
| Fidelity Federal Bancorp (TSFR3M + 4.05161%, floor 3.790%) (d)(l) | 7.724 | 10/15/28 | 6500000 | 6391280 |
| Fidelity Federal Bancorp (TSFR3M + 4.650%) (d)(l) | 8.310 | 11/01/29 | 7000000 | 6941530 |
| Fifth Third Bancorp (TSFR3M + 3.39061%) (d)(j)(k) | 7.063 | 03/29/26 | 1498000 | 1502397 |
| Fifth Third Bank N.A. (5.332% to 08/25/32, then SOFRRATE + 2.610%) (h) | 5.332 | 08/25/33 | 8000000 | 8210997 |
| Fifth Third Financial Corp. | 3.800 | 07/22/26 | 967000 | 964208 |
| Fifth Third Financial Corp. | 4.000 | 02/01/29 | 2000000 | 1994729 |
| First Citizens BancShares, Inc. (5.600% to 09/05/30, then H15T5Y + 1.850%) (h) | 5.600 | 09/05/35 | 5000000 | 5022930 |
| First Financial Bancorp (6.375% to 12/01/30, then TSFR3M + 3.000%) (h) | 6.375 | 12/01/35 | 3000000 | 3015000 |
| First Horizon Bank | 5.750 | 05/01/30 | 500000 | 519438 |
| Fiserv, Inc. | 5.150 | 03/15/27 | 4000000 | 4038919 |
| Fiserv, Inc. | 5.600 | 03/02/33 | 3000000 | 3102637 |
| Flex Ltd. | 6.000 | 01/15/28 | 1000000 | 1033071 |
| Flex Ltd. | 4.875 | 06/15/29 | 2497000 | 2544234 |
| Flex Ltd. | 4.875 | 05/12/30 | 1000000 | 1017441 |
| Flex Ltd. | 5.375 | 11/13/35 | 2500000 | 2530476 |
| Flowers Foods, Inc. | 5.750 | 03/15/35 | 6932000 | 6844247 |
| Flowserve Corp. | 3.500 | 10/01/30 | 2149000 | 2074287 |
| Flowserve Corp. | 2.800 | 01/15/32 | 250000 | 227280 |
| FMC Corp. | 3.200 | 10/01/26 | 3343000 | 3292892 |
| FMC Corp. | 3.450 | 10/01/29 | 750000 | 660241 |
| FMC Corp. | 5.650 | 05/18/33 | 3000000 | 2630810 |
| FNB Corp. (TSFR3M + 3.28161%) (d)(l) | 7.019 | 12/06/28 | 3000000 | 2973574 |
| FNB Corp. (5.722% to 12/11/29, then SOFRINDX + 1.930%) (h) | 5.722 | 12/11/30 | 3000000 | 3085577 |
| FPL Group, Inc. (NextEra Energy Capital Holdings, Inc.) (TSFR3M + 2.32911%) (d)(k) | 5.990 | 10/01/66 | 1535000 | 1388004 |
| Frontier North, Inc. | 6.730 | 02/15/28 | 1672000 | 1727594 |
| FS KKR Capital Corp. | 3.250 | 07/15/27 | 3000000 | 2880911 |
| GATX Corp. | 5.400 | 03/15/27 | 2793000 | 2832609 |
| Global Payments Inc. | 4.800 | 04/01/26 | 1600000 | 1600611 |
| Global Payments Inc. | 2.900 | 05/15/30 | 4750000 | 4422507 |
| Global Payments Inc. | 2.900 | 11/15/31 | 1154000 | 1039656 |
| Globe Life Inc. | 5.850 | 09/15/34 | 6750000 | 7078754 |
| Goldman Sachs Group, Inc. (TSFR3M + 1.96161%) (d) | 5.613 | 04/05/26 | 1000000 | 1000891 |
| Great Ajax Operating Partnership L.P. (c)(l) | 9.875 | 09/01/27 | 3500000 | 3418304 |
| GTE Florida Inc. (Frontier Florida LLC) | 6.860 | 02/01/28 | 5426000 | 5649741 |
| Hasbro, Inc. | 3.550 | 11/19/26 | 250000 | 249136 |
| Hasbro, Inc. | 6.050 | 05/14/34 | 7600000 | 8161972 |
| HCA Inc. | 5.250 | 06/15/26 | 2000000 | 2001329 |
| HCA Inc. | 7.500 | 11/06/33 | 4273000 | 4970144 |
| Healthcare Realty Holdings LP | 2.050 | 03/15/31 | 3205000 | 2849471 |
| Healthpeak OP LLC | 1.350 | 02/01/27 | 4400000 | 4299791 |
| Hewlett Packard Enterprise Co. | 4.400 | 09/25/27 | 2000000 | 2011788 |
| HF Sinclair Corp. | 5.750 | 01/15/31 | 2500000 | 2595277 |
| Highwoods Realty L.P. | 3.050 | 02/15/30 | 1834000 | 1725717 |
| Highwoods Realty L.P. | 7.650 | 02/01/34 | 4850000 | 5530076 |
| Hilltop Holdings Inc. (6.125% to 05/15/30, then TSFR3M + 5.800%) (h) | 6.125 | 05/15/35 | 5000000 | 4950000 |
| Honda Motor Co., Ltd. | 5.337 | 07/08/35 | 2000000 | 2070519 |
| Horace Mann Educators Corp. | 7.250 | 09/15/28 | 750000 | 803813 |
| Horace Mann Educators Corp. | 4.700 | 10/01/30 | 3520000 | 3533410 |
| Host Hotels & Resorts LP | 3.500 | 09/15/30 | 625000 | 598854 |
| Host Hotels & Resorts LP | 5.500 | 04/15/35 | 6910000 | 7047276 |
| HSBC Holdings PLC | 7.625 | 05/17/32 | 1080000 | 1228569 |
| Humana Inc. | 5.375 | 04/15/31 | 2000000 | 2061895 |
| Humana Inc. | 5.950 | 03/15/34 | 4500000 | 4720700 |
| Humana Inc. | 5.550 | 05/01/35 | 500000 | 508845 |
| Huntington Ingalls Industries, Inc. | 2.043 | 08/16/28 | 2000000 | 1908806 |
| Huntsman Int'l. LLC | 2.950 | 06/15/31 | 3307000 | 2854636 |
| Huntsman Int'l. LLC | 5.700 | 10/15/34 | 4550000 | 4352426 |
| Hyatt Hotels Corp. | 5.500 | 06/30/34 | 6566000 | 6847408 |
| IIP Operating Partnership, LP | 5.500 | 05/25/26 | 3619000 | 3594051 |
| Independent Bank Corp. (7.2500% to 04/01/30, then TSFR3M + 3.530%) (h) | 7.250 | 04/01/35 | 5000000 | 5204893 |
| Intel Corp. | 3.750 | 03/25/27 | 1000000 | 998346 |
| Intel Corp. | 3.150 | 05/11/27 | 2627000 | 2601715 |
| Intel Corp. | 4.000 | 12/15/32 | 2000000 | 1934721 |
| Intel Corp. | 5.150 | 02/21/34 | 1000000 | 1022876 |
| Jabil Inc. | 3.950 | 01/12/28 | 2250000 | 2245662 |
| Jabil Inc. | 3.600 | 01/15/30 | 750000 | 730432 |
| Jackson Financial, Inc. | 5.170 | 06/08/27 | 1526000 | 1544739 |
| Jackson Financial, Inc. | 3.125 | 11/23/31 | 500000 | 455614 |
| Jacobs Engineering Group Inc. | 5.900 | 03/01/33 | 1750000 | 1846946 |
| JBS USA Holding Lux. Sarl/ JBS USA Food Co./ JBS Lux. Co. Sarl | 5.750 | 04/01/33 | 5000000 | 5259390 |
| JM Smucker Co. | 6.200 | 11/15/33 | 1250000 | 1371947 |
| JPMorgan Chase & Co. (TSFR3M + 2.745%) (d)(j)(k) | 6.406 | 04/01/26 | 4250000 | 4267242 |
| Kemper Corp. | 2.400 | 09/30/30 | 4500000 | 3958922 |
| Kemper Corp. | 3.800 | 02/23/32 | 3750000 | 3460516 |
| KeyBank N.A. | 4.900 | 08/08/32 | 7000000 | 7038459 |
| KeySpan Corp. (National Grid USA) | 5.875 | 04/01/33 | 7000000 | 7287393 |
| Kilroy Realty, L.P. | 2.650 | 11/15/33 | 9155000 | 7500446 |
| Kinder Morgan Energy Partners, L.P. | 5.800 | 03/15/35 | 5500000 | 5868450 |
| Kinder Morgan Inc. | 5.300 | 12/01/34 | 1250000 | 1297166 |
| Kite Realty Group LP | 4.000 | 10/01/26 | 365000 | 364636 |
| Kraft Heinz Foods Co. | 3.875 | 05/15/27 | 2500000 | 2495769 |
| Kraft Heinz Foods Co. | 5.000 | 07/15/35 | 1500000 | 1505919 |
| Lawrence Bancshares, Inc. (8.500% to 06/30/30, then (TSFR3M + 4.790%) (h)(l) | 8.500 | 06/30/35 | 7000000 | 7140215 |
| Lear Corp. | 3.800 | 09/15/27 | 7063000 | 7046207 |
| Lear Corp. | 2.600 | 01/15/32 | 1000000 | 907444 |
| Leggett & Platt, Inc. | 4.400 | 03/15/29 | 8165000 | 8132933 |
| Leidos, Inc. | 7.125 | 07/01/32 | 2518000 | 2843763 |
| Lennar Corp. | 5.000 | 06/15/27 | 1623000 | 1634850 |
| Lennox Int'l. Inc. | 1.700 | 08/01/27 | 500000 | 484877 |
| Liberty Property LP | 3.250 | 10/01/26 | 5000000 | 4964740 |
| Lincoln Center for the Performing Arts, Inc. | 3.706 | 12/01/35 | 2065000 | 1803191 |
| Lincoln National Corp. (TSFR3M + 2.61911%) (d)(k) | 6.272 | 05/17/66 | 28628000 | 24905961 |
| Lincoln National Corp. (TSFR3M + 2.30161%) (d)(k) | 5.969 | 04/20/67 | 24884000 | 20380072 |
| LKQ Corp. | 6.250 | 06/15/33 | 6775000 | 7180982 |
| LPL Holdings, Inc. | 5.650 | 03/15/35 | 7250000 | 7361494 |
| Marex Group PLC | 5.829 | 05/08/28 | 5000000 | 5100233 |
| Marex Group PLC | 6.404 | 11/04/29 | 2000000 | 2094081 |
| Marvell Technology, Inc. | 4.875 | 06/22/28 | 6000000 | 6116514 |
| MasTec, Inc. | 5.900 | 06/15/29 | 7000000 | 7349687 |
| Mather Foundation | 2.675 | 10/01/31 | 1500000 | 1364538 |
| Medallion Financial Corp. (l) | 9.250 | 09/30/28 | 5000000 | 5100000 |
| Merck Sharp & Dohme Corp. (TSFR3M - 0.18839%) (d) | 3.484 | 11/28/41 | 1000000 | 992585 |
| Meridian Corp. (TSFR3M + 3.950%) (d) | 7.611 | 12/30/29 | 10000000 | 9976052 |
| MetLife, Inc. | 5.300 | 12/15/34 | 1250000 | 1300958 |
| MGIC Investment Corp. | 5.250 | 08/15/28 | 7376000 | 7367153 |
| MidAmerican Energy Holdings Co. (Berkshire Hathaway Energy Co.) | 6.125 | 04/01/36 | 3000000 | 3291101 |
| MidAmerican Funding, LLC | 6.927 | 03/01/29 | 3000000 | 3228409 |
| Motorola Solutions, Inc. | 6.500 | 11/15/28 | 248000 | 260278 |
| MPLX LP | 4.250 | 12/01/27 | 609000 | 611844 |
| MS Transverse Insurance Group, LLC (l) | 6.000 | 12/15/26 | 5000000 | 5000919 |
| MYLAN N.V. (Utah Acquisition Sub Inc.) | 3.950 | 06/15/26 | 5000000 | 4994406 |
| National Bank of Canada | 5.000 | 04/09/29 | 3000000 | 2983461 |
| National Bank of Canada | 4.500 | 01/29/31 | 5000000 | 5019969 |
| National Health Investors, Inc. | 3.000 | 02/01/31 | 8186000 | 7510482 |
| Newport Realty Trust, Inc. (e)(f)(l)(m) | 15.000 | 12/01/25 | 8995177 | 4947347 |
| Newport Realty Trust, Inc. (e)(f)(m) | 15.000 | 12/01/25 | 899518 | 494735 |
| NexBank Capital, Inc. (TSFR3M + 4.84661%, floor 0.000%) (d)(l) | 8.532 | 09/30/27 | 5000000 | 4990628 |
| Nexpoint Real Estate Finance, Inc. | 5.750 | 05/01/26 | 9000000 | 8937644 |
| Northpointe Bancshares, Inc. (9.000% to 09/01/29, then TSFR3M + 5.500%) (h)(l) | 9.000 | 09/01/34 | 3000000 | 3171462 |
| NXP B.V. / NXP Funding LLC / NXP USA, Inc. | 4.400 | 06/01/27 | 2000000 | 2010160 |
| OceanFirst Financial Corp. (6.375% to 11/15/30, then TSFR3M + 3.075%) (h) | 6.375 | 11/15/35 | 4000000 | 4020000 |
| Omega Healthcare Investors, Inc. | 3.625 | 10/01/29 | 1150000 | 1120867 |
| Omega Healthcare Investors, Inc. | 3.375 | 02/01/31 | 3675000 | 3469260 |
| Omega Healthcare Investors, Inc. | 3.250 | 04/15/33 | 3000000 | 2708847 |
| Oracle Corp. | 4.300 | 07/08/34 | 4500000 | 4127111 |
| Oracle Corp. | 5.200 | 09/26/35 | 3000000 | 2905925 |
| Orange & Rockland Utilities, Inc. | 6.500 | 12/01/27 | 2300000 | 2365388 |
| Parkway Bancorp, Inc. (TSFR3M + 5.65161%) (d)(l) | 9.324 | 03/31/30 | 3000000 | 3001731 |
| Pathfinder Bancorp, Inc. (TSFR3M + 5.320%) (d) | 8.991 | 10/15/30 | 9650000 | 9536110 |
| PCAP Holdings LP (e)(f)(l)(m) | 6.500 | 07/15/28 | 10000000 | 1000000 |
| Peapack-Gladstone Financial Corp. (TSFR3M + 3.260%, floor 3.260%) (d) | 6.932 | 12/30/30 | 3000000 | 3000000 |
| Pedcor Bancorp (TSFR3M + 4.86161%, floor 0.000%) (d)(l) | 8.514 | 02/15/29 | 3000000 | 2985000 |
| Pelorus Fund REIT LLC (l) | 7.000 | 09/30/26 | 5000000 | 4977966 |
| Peoples Financial Services Corp. (7.750% to 06/15/30, then TSFR3M + 4.110%) (h) | 7.750 | 06/15/35 | 4000000 | 4162586 |
| Peraton Enterprise Solutions LLC | 7.450 | 10/15/29 | 2000000 | 2142037 |
| Philips Electronics N.V. | 7.200 | 06/01/26 | 2581000 | 2600391 |
| Piedmont Operating Partnership, LP | 2.750 | 04/01/32 | 8854000 | 7729705 |
| Pinnacle Financial Partners, Inc. (TSFR3M + 3.03661%, floor 3.040%) (d) | 6.760 | 09/15/29 | 5000000 | 5000108 |
| Polaris Inc. | 6.950 | 03/15/29 | 7250000 | 7691783 |
| Post Brothers Holdings LLC (e)(f)(l)(m) | 9.000 | 08/18/27 | 5000000 | 4881124 |
| Puget Energy. Inc. | 5.725 | 03/15/35 | 5000000 | 5172963 |
| PulteGroup Inc. | 6.375 | 05/15/33 | 1300000 | 1447791 |
| Qorvo, Inc. | 4.375 | 10/15/29 | 7500000 | 7382782 |
| Radian Group Inc. | 6.200 | 05/15/29 | 6749000 | 7087029 |
| Ready Capital Corp. | 5.500 | 12/30/28 | 10000000 | 7896696 |
| ReadyCap Holdings, LLC (l) | 4.500 | 10/20/26 | 10000000 | 9806603 |
| Realty Income Corp. | 1.800 | 03/15/33 | 1000000 | 842970 |
| Reinsurance Group of America, Inc. (TSFR3M + 2.92661%) (d)(k) | 6.650 | 12/15/65 | 12898000 | 12672285 |
| Reliable Community Bancshares, Inc. (7.000% to 01/30/31, then TSFR3M + 3.410%) (h)(l) | 7.000 | 01/30/36 | 5000000 | 4948821 |
| Rockwell Collins, Inc. | 3.500 | 03/15/27 | 1290000 | 1279275 |
| Ross Stores, Inc. | 0.875 | 04/15/26 | 473000 | 471241 |
| RPM Int'l., Inc. | 3.750 | 03/15/27 | 1183000 | 1179297 |
| Sabra Health Care LP | 3.900 | 10/15/29 | 2000000 | 1970634 |
| Sabra Health Care LP | 3.200 | 12/01/31 | 4050000 | 3748849 |
| Safehold GL Holdings LLC | 5.650 | 01/15/35 | 6000000 | 6258752 |
| SCRE Intermediate Holdco, LLC (7.000% to 2/15/27, 7.250% to 02/15/28,<br> 7.500% to 02/15/29, 7.750% to 08/15/29, then 8.750%) (g)(l)(o) | 7.000 | 02/15/30 | 8000000 | 7322401 |
| Security Capital Group, Inc. | 7.500 | 12/01/27 | 840000 | 877900 |
| Sempra | 3.250 | 06/15/27 | 2750000 | 2726096 |
| Shore Bancshares, Inc. (6.250% to 11/15/30, then TSFR3M + 2.880%) (h) | 6.250 | 11/15/35 | 3000000 | 2966342 |
| Simmons First National Corp. (6.250% to 10/01/30, then TSFR3M + 3.020%) (h) | 6.250 | 10/01/35 | 5000000 | 5077367 |
| Simon Property Group, L.P. | 4.750 | 09/26/34 | 4187000 | 4216259 |
| SmartFinancial, Inc. (7.250% to 09/01/30, then TSFR3M + 3.850%) (h) | 7.250 | 09/01/35 | 4000000 | 4102511 |
| South Street Securities Funding LLC (l) | 6.250 | 12/30/26 | 5000000 | 5001822 |
| Southern National Bancorp of Virginia, Inc. (Primis Financial Corp.) (TSFR3M + 5.310%) (d) | 9.083 | 09/01/30 | 2000000 | 1993582 |
| Southern Power Co. | 4.900 | 10/01/35 | 2250000 | 2241748 |
| Southside Bancshares, Inc. (7.000% to 08/15/30, then TSFR3M + 3.570%) (h) | 7.000 | 08/15/35 | 4000000 | 4062812 |
| Spire Inc. | 5.300 | 03/01/26 | 222000 | 222000 |
| Stanley Black & Decker Inc. | 3.000 | 05/15/32 | 1129000 | 1038622 |
| Stewart Information Services Corp. | 3.600 | 11/15/31 | 2750000 | 2480021 |
| Store Capital LLC | 4.500 | 03/15/28 | 3500000 | 3513320 |
| Sumitomo Mitsui Financial Group, Inc. | 5.632 | 01/15/35 | 500000 | 534157 |
| Synchrony Financial | 3.950 | 12/01/27 | 2000000 | 1991000 |
| Synchrony Financial | 5.150 | 03/19/29 | 5500000 | 5590007 |
| Sysco Corp. | 6.000 | 01/17/34 | 500000 | 544952 |
| Take-Two Interactive Software, Inc. | 3.700 | 04/14/27 | 2801000 | 2793644 |
| Take-Two Interactive Software, Inc. | 5.600 | 06/12/34 | 1000000 | 1042534 |
| Tanger Properties LP | 3.875 | 07/15/27 | 330000 | 329252 |
| TD SYNNEX Corp. | 6.100 | 04/12/34 | 2500000 | 2649951 |
| Texas State Bankshares, Inc. (TSFR3M + 3.81161%, floor 3.550%) (d)(l) | 7.535 | 06/15/29 | 4000000 | 3991854 |
| Textron Inc. | 3.650 | 03/15/27 | 1750000 | 1744890 |
| Textron Inc. | 6.100 | 11/15/33 | 2350000 | 2568100 |
| The Bancorp, Inc. | 7.375 | 09/01/30 | 5000000 | 5178218 |
| The Conservation Fund | 3.474 | 12/15/29 | 2497000 | 2416024 |
| Time Warner Inc. (Warner Media LLC) | 7.700 | 05/01/32 | 2250000 | 2284313 |
| Toll Brothers Finance Corp. | 4.875 | 03/15/27 | 500000 | 503097 |
| Toll Brothers Finance Corp. | 4.350 | 02/15/28 | 3000000 | 3020096 |
| Toronto-Dominion Bank | 5.250 | 04/16/30 | 3000000 | 3001237 |
| Toronto-Dominion Bank | 5.000 | 07/11/30 | 4000000 | 4006324 |
| Toyota Motor Credit Corp. | 5.250 | 03/05/29 | 2241000 | 2239252 |
| TransCanada PipeLines Ltd. (TSFR3M + 2.47161%) (d)(k) | 6.124 | 05/15/67 | 18223000 | 16410045 |
| Trinitas Capital Management, LLC (l) | 6.000 | 07/30/26 | 3000000 | 2994000 |
| Truist Bank | 2.250 | 03/11/30 | 1000000 | 924472 |
| Truist Financial Corp. (6.669% to 09/01/29, then H15T5Y + 3.003%) (h)(j)(k) | 6.669 | 09/01/26 | 10552000 | 10591739 |
| Tyson Foods, Inc. | 3.550 | 06/02/27 | 4750000 | 4728582 |
| Tyson Foods, Inc. | 5.700 | 03/15/34 | 2500000 | 2661028 |
| U.S. Bank N.A. (TSFR3M - 0.3839%) (d) | 3.626 | 02/23/56 | 5000000 | 4947807 |
| UDR, Inc. | 3.100 | 11/01/34 | 2192000 | 1924083 |
| UnitedHealth Group Inc. | 4.625 | 07/15/35 | 500000 | 497065 |
| Universal Insurance Holdings, Inc. | 5.625 | 11/30/26 | 7000000 | 6929958 |
| UTB Financial Holding Co. (TSFR3M + 3.88161%) (d)(l) | 7.674 | 09/01/28 | 6000000 | 5885180 |
| Ventas Realty, LP | 5.625 | 07/01/34 | 1250000 | 1318079 |
| Ventas Realty, LP | 5.000 | 01/15/35 | 2000000 | 2019717 |
| VeriSign, Inc. | 4.750 | 07/15/27 | 3129000 | 3131045 |
| VeriSign, Inc. | 2.700 | 06/15/31 | 2500000 | 2275835 |
| VICI Properties L.P. | 4.950 | 02/15/30 | 6750000 | 6863058 |
| Virginia Electric and Power Co. | 6.000 | 01/15/36 | 3400000 | 3673793 |
| Voya Financial, Inc. | 5.000 | 09/20/34 | 6500000 | 6443340 |
| Wachovia Corp. | 5.500 | 08/01/35 | 3000000 | 3117667 |
| Washington Gas Light Co. | 6.400 | 07/22/27 | 850000 | 871900 |
| Waypoint Residential LLC (e)(l)(n) | 0.000 | 12/31/29 | 4496594 | 1843604 |
| Waypoint Residential LLC (e)(l)(n) | 0.000 | 12/31/31 | 5403406 | 1080681 |
| Wells Fargo & Co. | 4.300 | 07/22/27 | 1000000 | 1003681 |
| Wells Fargo & Co. (TSFR3M + 0.26161%) (d) | 3.934 | 11/27/46 | 7217000 | 7161538 |
| Western Capital Corp. (l) | 6.875 | 12/15/30 | 5000000 | 4905480 |
| Western Midstream Operating, LP | 6.350 | 01/15/29 | 5000000 | 5284276 |
| Willis North America Inc. | 4.650 | 06/15/27 | 3000000 | 3020076 |
| Wingspire Equipment Finance LLC (l) | 6.000 | 06/30/26 | 6000000 | 5952648 |
| Zimmer Biomet Holdings, Inc. | 5.200 | 09/15/34 | 1250000 | 1285608 |
| Zimmer Biomet Holdings, Inc. | 4.250 | 08/15/35 | 1302000 | 1237361 |
| Zions Bancorp | 3.250 | 10/29/29 | 9092000 | 8646993 |
| **Residential Mortgage-Backed Securities - 1.8%** |  |  |  | **35383950** |
| Brean Asset Backed Securities Trust, Series 2024-RM8 A1 (l) | 4.500 | 05/25/64 | 1519330 | 1514059 |
| Brean Asset Backed Securities Trust, Series 2024-RM8 A2 (l) | 4.500 | 05/25/64 | 8000000 | 7811524 |
| Brean Asset Backed Securities Trust, Series 2025-RM11 A1 (l) | 4.750 | 05/25/65 | 5985830 | 5970055 |
| Brean Asset Backed Securities Trust, Series 2025-RM12 A1 (l) | 4.500 | 07/25/65 | 6013032 | 5950619 |
| Brean Asset Backed Securities Trust, Series 2025-RM13 A1 (l) | 4.250 | 10/25/65 | 2996464 | 2943329 |
| Brean Asset Backed Securities Trust, Series 2025-RM13 A2 (l) | 4.250 | 10/25/65 | 2000000 | 1918795 |
| Brean Asset Backed Securities Trust, Series 2026-RM14 A1 (l) | 4.250 | 01/25/66 | 6000000 | 5857552 |
| Brean Asset Backed Securities Trust, Series 2026-RM14 A2 (l) | 4.250 | 01/25/66 | 3500000 | 3332494 |
| Hawaii Housing Finance & Development Corp. | 2.600 | 07/01/37 | 89357 | 85523 |
| **Taxable Municipal Bonds - 0.0%^** |  |  |  | **496718** |
| Buffalo State College Foundation Housing Corp. | 2.600 | 11/01/28 | 380000 | 361495 |
| Summit County OH Development Finance Authority | 6.250 | 05/15/26 | 135000 | 135223 |
| **U.S. Government & Agency Securities - 1.2%** |  |  |  | **25037267** |
| Federal Home Loan Banks | 5.250 | 08/13/35 | 5000000 | 5016644 |
| Federal Home Loan Banks | 5.050 | 09/24/35 | 5000000 | 4999769 |
| Federal Home Loan Banks | 5.000 | 09/25/35 | 5000000 | 5015644 |
| Federal Home Loan Banks | 5.000 | 11/07/35 | 5000000 | 5000381 |
| Federal Home Loan Banks | 5.000 | 12/12/35 | 5000000 | 5004829 |
| **U.S. Government Agency Mortgage-Backed Securities - 1.9%** |  |  |  | **37543592** |
| Fannie Mae Interest Strip, Series 419 C6 (IO) | 3.500 | 05/25/44 | 2084293 | 287507 |
| Fannie Mae REMIC, Series 2020-63 KG | 2.500 | 09/25/50 | 1846462 | 1645455 |
| Fannie Mae REMIC, Series 2020-88 Z | 2.000 | 12/25/50 | 2754649 | 1544078 |
| Fannie Mae REMIC, Series 2021-72 UZ | 2.000 | 10/25/51 | 2381299 | 1221712 |
| Freddie Mac REMIC, Series 4116 US (IO)<br> (-1.0 x (SOFR30A + 4.71448%), floor 0.000%, cap 4.600%) (d) | 0.804 | 10/15/42 | 4310747 | 313584 |
| Freddie Mac REMIC, Series 5041 JH | 1.500 | 11/25/50 | 764843 | 393293 |
| Freddie Mac REMIC, Series 5083 ZJ | 2.000 | 03/25/51 | 3356550 | 2018144 |
| Freddie Mac REMIC, Series 5115 CZ | 3.000 | 04/25/51 | 563917 | 342211 |
| Freddie Mac REMIC, Series 5142 ZH | 2.500 | 09/25/51 | 1467327 | 773234 |
| Freddie Mac REMIC, Series 5146 ZY | 2.000 | 07/25/51 | 3509712 | 2038722 |
| Freddie Mac REMIC, Series 5154 ZQ | 2.500 | 10/25/51 | 4670718 | 3177850 |
| Ginnie Mae REMIC Trust, Series 2019-136 ES (IO)<br> (-1.0 x (TSFR1M + 6.16448%), floor 0.000%, cap 6.050%) (d) | 2.268 | 03/20/48 | 3120417 | 325910 |
| Ginnie Mae REMIC Trust, Series 2020-134 BZ | 1.000 | 09/16/50 | 1032497 | 467920 |
| Ginnie Mae REMIC Trust, Series 2021-27 ZL | 1.000 | 02/20/51 | 1668921 | 770418 |
| Ginnie Mae REMIC Trust, Series 2021-66 PU | 1.000 | 04/20/51 | 389458 | 293536 |
| Ginnie Mae REMIC Trust, Series 2021-130 CZ | 3.000 | 07/20/51 | 2733765 | 1980705 |
| Ginnie Mae REMIC Trust, Series 2021-131 MZ | 2.000 | 07/20/51 | 1262026 | 670539 |
| Ginnie Mae REMIC Trust, Series 2021-136 EZ | 2.500 | 08/20/51 | 4541708 | 3170999 |
| Ginnie Mae REMIC Trust, Series 2021-136 KZ | 2.000 | 08/20/51 | 7198074 | 4513741 |
| Ginnie Mae REMIC Trust, Series 2021-136 QZ | 2.000 | 08/20/51 | 3389545 | 2073694 |
| Ginnie Mae REMIC Trust, Series 2021-139 ZJ | 2.500 | 08/20/51 | 2296368 | 1552328 |
| Ginnie Mae REMIC Trust, Series 2021-142 MZ | 2.000 | 08/20/50 | 750366 | 408029 |
| Ginnie Mae REMIC Trust, Series 2021-154 AZ | 2.500 | 09/20/51 | 3543710 | 2420901 |
| Ginnie Mae REMIC Trust, Series 2021-154 PZ | 2.500 | 09/20/51 | 3236980 | 2125914 |
| Ginnie Mae REMIC Trust, Series 2021-156 NZ | 2.000 | 09/20/51 | 4043592 | 2484479 |
| Ginnie Mae REMIC Trust, Series 2021-158 PU | 1.000 | 09/20/51 | 1233097 | 528689 |
|  | Rate (%) | Maturity Date | Shares or Principal Amount | Value |
| **SHORT-TERM INVESTMENTS - 8.4%** |  |  |  | **&nbsp;&nbsp;&nbsp;&nbsp; 164214575** |
| (COST $164,210,959) |  |  |  |  |
| **Money Market Funds - 0.0%^** |  |  |  | **100000** |
| First American Government Obligations Fund Class X (a) | 3.683 |  | 100000 | 100000 |
| **U.S. Government & Agency Securities - 8.4%** |  |  |  | **164114575** |
| U.S. Treasury Bills (b) | 3.618 | 03/03/26 | 10000000 | 9997942 |
| U.S. Treasury Bills (b) | 3.629 | 03/19/26 | 20000000 | 19962928 |
| U.S. Treasury Bills (b) | 3.620 | 04/02/26 | 20000000 | 19936982 |
| U.S. Treasury Bills (b) | 3.586 | 04/14/26 | 20000000 | 19914114 |
| U.S. Treasury Bills (b) | 3.588 | 04/21/26 | 20000000 | 19900231 |
| U.S. Treasury Bills (b) | 3.580 | 05/05/26 | 20000000 | 19872733 |
| U.S. Treasury Bills (b) | 3.581 | 05/14/26 | 20000000 | 19854406 |
| U.S. Treasury Bills (b) | 3.590 | 05/21/26 | 15000000 | 14880500 |
| U.S. Treasury Bills (b) | 3.614 | 06/02/26 | 10000000 | 9908383 |
| U.S. Treasury Bills (b) | 3.576 | 06/25/26 | 10000000 | 9886356 |
| **TOTAL INVESTMENTS - 98.7% (COST $2,040,189,707)** |  |  |  | **1939524467** |
| **NET OTHER ASSETS AND LIABILITIES - 1.3%** |  |  |  | **25300361** |
| **NET ASSETS - 100.0%** |  |  |  | **$1964824828** |

---

---

| | |
|:---|:---|
| **BOND FUND SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **BOND FUND SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** |  |
| a) | Rate shown represents the 7-day yield at February 28, 2026. |
| b) | Rate shown represents the current yield for U.S. Treasury Bills at February 28, 2026. |
| c) | Rate is subject to adjustment due to credit ratings service downgrades or subsequent upgrades.  |
| d) | Variable rate security. Interest rates reset periodically. Interest rate shown reflects the rate in effect at <br> February 28, 2026. For securities based on a published reference rate and spread, the reference rate and spread <br> are indicated in the description above. Certain variable rate securities are not based on a published reference <br> rate and spread but are determined by the issuer or agent and are based on current market conditions. These <br> securities do not indicate a reference rate and spread in their description above. |
| e) | Non-income producing security. |
| f) | Issuer in default on interest and/or principal repayment. |
| g) | Security is a "step-up" bond where the coupon increases or steps up at a predetermined date. Securities which<br> do not indicate a future coupon rate in their description above are at their final coupon rate at February 28, 2026. |
| h) | Security is a fix-to-float security, which carries a fixed coupon until a certain date, upon which it switches to a floating rate.<br> Rate shown is the fixed rate. |
| i) | Payment-in-kind security which may pay interest/dividends in additional par and/or in cash. Rates shown are the current rate and possible payment rates. |
| j) | Perpetual maturity. Date shown represents next contractual call date. |
| k) | Hybrid security. Security has characteristics of both a debt and equity security. |
| l) | Security subject to restrictions on resale under federal securities laws and which therefore may only be resold <br> upon registration under the Securities Act of 1933, as amended, or in transactions exempt from registration, including <br> sales to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended. At February 28, 2026,<br> the aggregate value of these securities was $411,160,100, representing 20.93% of net assets. |
| m) | Illiquid security at February 28, 2026. At February 28, 2026, the aggregate value of these securities was $42,633,297, <br> representing 2.17% of net assets. |
| n) | Security is fair valued in good faith in accordance with procedures approved by the Board of Directors.<br> At February 28, 2026, these securities amounted to a value of $8,968,246 or 0.46% of net assets. |
| o) | Payment-in-kind security which may pay interest/dividends in additional par and/or in cash beginning February 15, 2027. |
| ^ | Rounds to 0.0%. |
| **Abbreviations** |  |
| H15T5Y | 5-Year Treasury Constant Maturity Rate |
| IO | Interest Only Security |
| SOFR30A | U.S. 30-Day Average Secured Overnight Financing Rate |
| SOFRINDX | U.S. Secured Overnight Financing Rate Compound Index |
| SOFRRATE | U.S. Secured Overnight Financing Rate |
| TSFR1M | CME Term SOFR 1-Month Rate |
| TSFR3M | CME Term SOFR 3-Month Rate |
| USISDA02 | 2-Year Dollar ICE Swap Rate |
| USISDA05 | 5-Year Dollar ICE Swap Rate |
| USISDA10 | 10-Year Dollar ICE Swap Rate |
| USISDA30 | 30-Year Dollar ICE Swap Rate |
| A.G. | Aktiengesellschaft is the German term for a public limited liability corporation. |
| B.V. | Besloten Vennootschap is the Dutch term for a private limited liability corporation. |
| CDFI | Community Development Financial Institution |
| DAC | Designated Activity Company |
| N.V. | Naamloze Vennootschap is the Dutch term for a public limited liability corporation. |
| PLC | Public Limited Company |
| REIT | Real Estate Investment Trust |
| REMIC | Real Estate Mortgage Investment Conduit |
| SARL | Société à responsabilité limitée is the Luxembourg term for a private limited liability company. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **BOND FUND SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **BOND FUND SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **BOND FUND SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |  |  |
| **February 28, 2026** |  |  |  |  |
| The following is a summary of the inputs used to value the Funds' investments as of February 28, 2026: | The following is a summary of the inputs used to value the Funds' investments as of February 28, 2026: | The following is a summary of the inputs used to value the Funds' investments as of February 28, 2026: | The following is a summary of the inputs used to value the Funds' investments as of February 28, 2026: | The following is a summary of the inputs used to value the Funds' investments as of February 28, 2026: |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Bonds** |  |  |  |  |
| Asset-backed securities | $- | $153322353 | $- | **$153322353** |
| Commercial mortgage-backed securities | – | 172420885 | – | **172420885** |
| Corporate bonds | – | 1351105127 | – | **1351105127** |
| Residential mortgage-backed securities | – | 35383950 | – | **35383950** |
| Taxable municipal bonds | – | 496718 | – | **496718** |
| U.S. government & agency securities | – | 25037267 | – | **25037267** |
| U.S. government agency mortgage-backed securities | – | 37543592 | – | **37543592** |
| **Total bonds** | **–** | **1775309892** | **–** | **1775309892** |
| **Short-term investments** |  |  |  |  |
| Money market funds | 100000 | – | – | **100000** |
| U.S. government & agency securities | – | 164114575 | – | **164114575** |
| **Total short-term investments** | **100000** | **164114575** | **–** | **164214575** |
| **Total investments** | **$100000** | **$1939424467** | **$-** | **$1939524467** |
| For more information on valuation inputs, see the accompanying notes. The accompanying notes are an integral part of the schedule of investments. | For more information on valuation inputs, see the accompanying notes. The accompanying notes are an integral part of the schedule of investments. | For more information on valuation inputs, see the accompanying notes. The accompanying notes are an integral part of the schedule of investments. | For more information on valuation inputs, see the accompanying notes. The accompanying notes are an integral part of the schedule of investments. | For more information on valuation inputs, see the accompanying notes. The accompanying notes are an integral part of the schedule of investments. |
| The following is a reconciliation of investments with unobservable inputs (level 3) that were used in determining fair value. | The following is a reconciliation of investments with unobservable inputs (level 3) that were used in determining fair value. | The following is a reconciliation of investments with unobservable inputs (level 3) that were used in determining fair value. | The following is a reconciliation of investments with unobservable inputs (level 3) that were used in determining fair value. | The following is a reconciliation of investments with unobservable inputs (level 3) that were used in determining fair value. |
| **Level 3 Securities Reconciliation** | **Convertible bonds** | **&nbsp;&nbsp;&nbsp;&nbsp;Corporate**<br> **bonds** | **Total** |  |
| Balance at November 30, 2025 | $100000 | $340000 | **$440000** |  |
| Purchases | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -** |  |
| Sales | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -** |  |
| Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp; (4683952) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16215857) | **&nbsp;&nbsp;&nbsp;&nbsp; (20899809)** |  |
| Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp; 4583952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15875857 | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20459809** |  |
| Accrued interest | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -** |  |
| Transfers into level 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -** |  |
| Transfers out of level 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -** |  |
| **Balance as of February 28, 2026** | **$-** | **$-** | **$-** |  |

---

------

### THOMPSON IM FUNDS, INC.
NOTES TO FINANCIAL STATEMENTS

February 28, 2026

VALUATION POLICY AND PROCEDURES - The Funds' Board of Directors (the "Funds' Board") has adopted methods for valuing securities set forth in the Funds' Pricing Policies and Procedures, including circumstances in which market quotes are not readily available or deemed to be unreliable, and has delegated authority to the Advisor, as the Board appointed valuation designee, to apply those methods in making fair value determinations in accordance with the procedures approved by the Board. The valuation designee has established a valuation committee that, along with other Advisor employees, administers, implements, and oversees the fair valuation process and makes fair value decisions. The valuation committee regularly reviews its own fair value decisions, as well as valuations, valuation techniques and services furnished by pricing services; considers circumstances in the markets which may require it to make or adjust valuation determinations; and reviews previous valuation determinations. The valuation committee reports on its activities and any changes to the fair valuation guidelines to the Funds' Board.

Rule 2a-5 adopted by the Securities and Exchange Commission (the "SEC") governing fund valuation practices has established a framework for determining fair value in good faith for purposes of Section 29(a)(41) of the 1940 Act. Rule 2a-5 permits fund boards to designate certain parties to perform fair value determinations, subject to board oversight. Rule 2a-5 also defines when market quotations are "readily available" for purposes of the 1940 Act, which requires a fund to fair value a security when market quotations are not readily available. The Funds adopted a valuation policy adhering to the new rule and there was no material impact to the Funds.

VALUATION MEASUREMENTS – In accordance with generally accepted accounting principles in the United States of America ("GAAP"), fair value is defined as the price that each Fund would receive to sell an investment or pay to transfer a liability in an orderly transaction with an independent buyer in the principal market, or in the absence of a principal market the most advantageous market for the investment or liability. GAAP established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

Various inputs are used in determining the value of each Fund's investments. These inputs are summarized in the three broad levels listed below:

Level 1 – Quoted prices in active markets for identical securities.

Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 – Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

Inputs may include price information, specific and broad credit data, liquidity statistics, and other factors. The Funds consider observable data to be market data which is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. The determination of what constitutes "observable" requires significant judgment by the Funds. The categorization of a security within the hierarchy is based upon the pricing transparency of the security and does not necessarily correspond to a Fund's perceived risk of that security. The inputs used to measure fair value may fall into different levels of the fair valuation hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

SECURITY VALUATION - Each Fund's equity securities, including common stocks, ADRs, REITs, and rights are valued at their market prices (generally the last reported sales price on the exchange where the securities are primarily traded or, for Nasdaq-listed securities, at their Nasdaq Official Closing Prices). If no sales are reported on a particular day, the mean between the highest bid and lowest asked quotations at the close of the exchanges will generally be used. To the extent these securities are actively traded, and valuation adjustments are not applied, they are categorized in level 1 of the fair value hierarchy. When adjustments to observable prices are applied or when the market is considered inactive, securities will be categorized in level 2 of the fair value hierarchy.

Investments in money market mutual funds are generally priced at the ending net asset value provided by the service agent of the funds. These securities will be categorized as level 1 securities.

Fixed-income securities such as corporate bonds, convertible bonds, asset-backed securities, mortgage-backed securities, U.S. government and agency securities, sovereign bonds, municipal bonds and commercial paper are typically valued based on valuations published by an independent pricing service, which uses various valuation methodologies such as matrix pricing and other analytical pricing models as well as market transactions and dealer quotations. Factors considered by pricing services include market characteristics such as benchmark yield curves, option-adjusted spreads, credit spreads and fundamental analytical data relating to the issuer. Short-term investments in fixed-income securities (those with remaining maturities of 60 days or less) are generally valued on an amortized cost basis. Fixed-income securities will generally be categorized in level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in level 3.

Where market quotations are not readily available or are unreliable, a value is determined in good faith pursuant to procedures established by the Funds' Board. When determining the value of a security, consideration is given to the facts and circumstances relevant to the particular situation, which includes factors such as fundamental analytical data relating to the investment, which may include consideration of yields or prices of securities of comparable quality, coupon rate, maturity and type of issue, nature and duration of any restrictions on disposition of the security and an evaluation of forces that influence the market in which the securities are purchased or sold. Fair value pricing is an inherently subjective process, and no single standard exists for determining fair value. Different funds could reasonably arrive at different values for the same security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Thompson IM Funds, Inc.

- **b. Investment Company Act file number:** 811-04946

- **c. CIK number of Registrant:** 0000795264

- **d. LEI of Registrant:** 549300QQSO0I7KNHS575

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

  - **Street Address 1:** 1255 Fourier Drive

  - **City:** Madison

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53717

  - **Telephone number:** 608-827-5700

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

- **a. Name of Series:** Thompson Bond Fund

- **b. EDGAR series identifier (if any):** S000002452

- **c. LEI of Series:** 549300Z2BP7MCEI83F15

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $1970782896.91

**Total Liabilities:** $7399390.87

**Net Assets:** $1963383506.04

**Cash Not Reported:** $10441983.18

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 134889.758129000000 | **1-Year:** 79907.628395000000 | **5-Year:** 194959.972063000000 | **10-Year:** 174395.459848000000 | **30-Year:** 47940.950211000000

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

- **3-Month:** 37065.549801000000 | **1-Year:** 9443.936935000000 | **5-Year:** 30538.475080000000 | **10-Year:** 6398.894575000000 | **30-Year:** 1064.672833000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006582 | 0.27%                | 0.56%                | 0.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-23189334.24            | $20652217.53                               |
| Month 2  | $-39743.64               | $1798523.87                                |
| Month 3  | $-8460.81                | $3949320.65                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                               | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T INC                                           | AT&T Inc                                                      | CUSIP: 00206RJA1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1159317.90   | 0.06%             | 2032-05-01      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                              | Arrow Electronics Inc                                         | CUSIP: 04273WAE1<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   6920000 | PA      | $7292459.31   | 0.37%             | 2034-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                | Avery Dennison Corp                                           | CUSIP: 053611AB5<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    205000 | PA      | $218095.35    | 0.01%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                          | Avnet Inc                                                     | CUSIP: 053807AW3<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2074782.98   | 0.11%             | 2028-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANC OF CALIFORNIA INC                             | Banc of California NA                                         | CUSIP: 05990KAD8<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | DBT              | CORP              | US        |  12500000 | PA      | $12396700.13  | 0.63%             | 2030-10-30      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft                         | Blackbird Capital Aircraft Lease Securitization Ltd 2016-1    | CUSIP: 09228YAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    286336 | PA      | $287023.01    | 0.01%             | 2041-12-16      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                | Block Financial LLC                                           | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4282943.09   | 0.22%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                | Block Financial LLC                                           | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2620803.32   | 0.13%             | 2028-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                      | Boeing Co/The                                                 | CUSIP: 097023AU9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1093757.94   | 0.06%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2024-RM8                  | CUSIP: 10637YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1519330 | PA      | $1514058.97   | 0.08%             | 2064-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2026-RM14                 | CUSIP: 10638QAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $5857551.60   | 0.30%             | 2066-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                | CDW LLC / CDW Finance Corp                                    | CUSIP: 12513GBK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1525117.26   | 0.08%             | 2030-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CG-CCRE Commercial Mortgage Tr                     | CG-CCRE Commercial Mortgage Trust 2014-FL1                    | CUSIP: 12528MAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5608848 | PA      | $5526141.76   | 0.28%             | 2031-06-15      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                    | Cigna Group/The                                               | CUSIP: 125523CV0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    750000 | PA      | $778363.79    | 0.04%             | 2034-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CARRINGTON HOLDING CO LL                           | Carrington Holding Co LLC                                     | CUSIP: 144523AG2<br>LEI: 635400MJJEAT2FUN2F71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4965452.10   | 0.25%             | 2031-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 17292GFH3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5994010.68   | 0.31%             | 2036-02-29      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                            | National Bank of Canada                                       | CUSIP: 63305MQ20<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5019969.50   | 0.26%             | 2031-01-29      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEXBANK CAPITAL INC                                | NexBank Capital Inc                                           | CUSIP: 65341TAC1<br>LEI: 549300H29S945S4X7A03 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4990628.45   | 0.25%             | 2027-09-30      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                           | Omega Healthcare Investors Inc                                | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1120866.54   | 0.06%             | 2029-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PEAPACK GLADSTONE FINANC                           | Peapack-Gladstone Financial Corp                              | CUSIP: 704699AE7<br>LEI: 549300G8DN2UK8K0ET30 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3000000.00   | 0.15%             | 2030-12-30      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                     | Albemarle Corp                                                | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7391792.82   | 0.38%             | 2032-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                               | Boston Properties LP                                          | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   4085000 | PA      | $3849000.89   | 0.20%             | 2031-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                               | Boston Properties LP                                          | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   3005000 | PA      | $3062585.93   | 0.16%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2014-UBS4 Mortgage Trust                                 | CUSIP: 12591QAD4<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |   9740000 | PA      | $2191792.20   | 0.11%             | 2047-08-10      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                     | CSAIL 2015-C3 Commercial Mortgage Trust                       | CUSIP: 12635FAY0<br>LEI: 549300ZAGI6FKGY8O078 | Long             | ABS-MBS          | CORP              | US        |   3645690 | PA      | $3474342.67   | 0.18%             | 2048-08-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                       | CubeSmart LP                                                  | CUSIP: 22966RAD8<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497468.88    | 0.03%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                               | DBUBS 2011-LC3 Mortgage Trust                                 | CUSIP: 23305YAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7220321 | PA      | $6868475.07   | 0.35%             | 2044-05-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                | Dollar General Corp                                           | CUSIP: 256677AL9<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2052442.44   | 0.10%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                | Fifth Third Bancorp                                           | CUSIP: 316773CR9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   1498000 | PA      | $1502396.63   | 0.08%             | 2026-03-29      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                       | CUSIP: 404119AJ8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   4273000 | PA      | $4970144.27   | 0.25%             | 2033-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HORACE MANN EDUCATORS CO                           | Horace Mann Educators Corp                                    | CUSIP: 440327AM6<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |   3520000 | PA      | $3533410.43   | 0.18%             | 2030-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance I Lim                     | Horizon Aircraft Finance I Ltd                                | CUSIP: 440405AF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2702399 | PA      | $2526764.78   | 0.13%             | 2038-12-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                           | Host Hotels & Resorts LP                                      | CUSIP: 44107TBC9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   6910000 | PA      | $7047276.06   | 0.36%             | 2035-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                         | Humana Inc                                                    | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508844.88    | 0.03%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                   | Kilroy Realty LP                                              | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   9155000 | PA      | $7500445.69   | 0.38%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                            | Kinder Morgan Energy Partners LP                              | CUSIP: 494550AT3<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5868449.62   | 0.30%             | 2035-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                               | Kraft Heinz Foods Co                                          | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1996615.34   | 0.10%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                   | LPL Holdings Inc                                              | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7361493.62   | 0.37%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                          | Lear Corp                                                     | CUSIP: 521865AY1<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |   7063000 | PA      | $7046206.80   | 0.36%             | 2027-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                           | Lennox International Inc                                      | CUSIP: 526107AF4<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |    500000 | PA      | $484877.19    | 0.02%             | 2027-08-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                              | Lincoln National Corp                                         | CUSIP: 534187BN8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |  28628000 | PA      | $24905961.50  | 1.27%             | 2066-05-17      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                            | MPLX LP                                                       | CUSIP: 55336VBN9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    609000 | PA      | $611843.82    | 0.03%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                         | MasTec Inc                                                    | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7349687.17   | 0.37%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MATHER FOUNDATION                                  | Mather Foundation                                             | CUSIP: 576722AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1364538.45   | 0.07%             | 2031-10-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| METAL Cayman                                       | METAL 2017-1 LLC                                              | CUSIP: 59111RAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  26657035 | PA      | $8796554.93   | 0.45%             | 2042-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust 2016-UBS12                     | CUSIP: 61691EBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $3937702.50   | 0.20%             | 2049-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10   | CUSIP: 61762MCB5<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |   2750000 | PA      | $2557117.48   | 0.13%             | 2046-07-15      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                            | National Bank of Canada                                       | CUSIP: 63305MER8<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2983461.15   | 0.15%             | 2029-04-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWPORT REALTY TRUST                               | Newport Realty Trust Inc                                      | CUSIP: 652315AB8<br>LEI: 549300NQHVIV87HVCR07 | Long             | DBT              | CORP              | US        |    899518 | PA      | $494734.71    | 0.03%             | 2025-12-01      | None          | 15.00%                | No            |                  2 | On Loan: No      |
| NORTHPOINTE BANCSHARES I                           | Northpointe Bancshares Inc                                    | CUSIP: 66661NAG5<br>LEI: 549300EYMKMD4WKEKP72 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3171462.48   | 0.16%             | 2034-09-01      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                   | CUSIP: 68389XAV7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4127111.28   | 0.21%             | 2034-07-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PHANTOM AVIATION                                   | Phantom Aviation                                              | CUSIP: 71711GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3561773.60   | 0.18%             | 2051-01-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| KONINKLIJKE PHILIPS NV                             | Koninklijke Philips NV                                        | CUSIP: 718337AE8<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | DBT              | CORP              | NL        |   2581000 | PA      | $2600391.44   | 0.13%             | 2026-06-01      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| DOC DR LLC                                         | DOC DR LLC                                                    | CUSIP: 71951QAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2273860.73   | 0.12%             | 2031-11-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                            | CUSIP: 756109BA1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $842970.46    | 0.04%             | 2033-03-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| RELIABLE COMMUNITY BANKS                           | Reliable Community Bancshares Inc                             | CUSIP: 75941FAA8<br>LEI: 549300J2M0CK8MCJZS35 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4948820.70   | 0.25%             | 2036-01-30      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                         | Leidos Inc                                                    | CUSIP: 808626AE5<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |   2518000 | PA      | $2843763.03   | 0.14%             | 2032-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SOUTHERN POWER CO                                  | Southern Power Co                                             | CUSIP: 843646AY6<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2241748.46   | 0.11%             | 2035-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV                           | Stewart Information Services Corp                             | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2480021.34   | 0.13%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                           | Take-Two Interactive Software Inc                             | CUSIP: 874054AN9<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042533.61   | 0.05%             | 2034-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                        | Textron Inc                                                   | CUSIP: 883203BX8<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1744890.49   | 0.09%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Thunderbolt Aircraft Lease Lim                     | Thunderbolt III Aircraft Lease Ltd                            | CUSIP: 88607AAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1213964 | PA      | $1198279.66   | 0.06%             | 2039-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MS TRANSVERSE INSURANCE                            | Transverse Insurance Group LLC                                | CUSIP: 89402HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5000919.35   | 0.25%             | 2026-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797SV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14880499.95  | 0.76%             | 2026-05-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797TH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19914114.44  | 1.01%             | 2026-04-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PROP 2017-1 B      20420315 6.90000                | PROP 2017-1 B      20420315 6.90000                           | CUSIP: G7256KAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   3836109 | PA      | $2904318.12   | 0.15%             | 2042-03-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| WARNER MEDIA LLC                                   | Warner Media LLC                                              | CUSIP: 00184AAG0<br>LEI: 5493004RSX004WU3UT62 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2284312.50   | 0.12%             | 2032-05-01      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                      | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2680326.30   | 0.14%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                      | CUSIP: 00206RNC2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3758259.15   | 0.19%             | 2035-11-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AASET 2022-1 LLC                                   | AASET 2022-1 LLC                                              | CUSIP: 00255EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3809483 | PA      | $3913805.56   | 0.20%             | 2047-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                     | AASET 2024-1                                                  | CUSIP: 00255JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7676538 | PA      | $7910226.48   | 0.40%             | 2049-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                    | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495421.41    | 0.03%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY                            | ACRES Commercial Realty Corp                                  | CUSIP: 00489QAA0<br>LEI: 549300RUJWPCMY4JFR46 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7944663.68   | 0.40%             | 2026-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                           | Affiliated Managers Group Inc                                 | CUSIP: 008252AR9<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4601177.51   | 0.23%             | 2034-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                           | Affiliated Managers Group Inc                                 | CUSIP: 008252AS7<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3028798.56   | 0.15%             | 2036-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                           | Alexandria Real Estate Equities Inc                           | CUSIP: 015271BA6<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4872276.50   | 0.25%             | 2035-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                             | Alliant Energy Finance LLC                                    | CUSIP: 01882YAC0<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   2187000 | PA      | $2182804.92   | 0.11%             | 2026-03-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                 | Ally Financial Inc                                            | CUSIP: 02005NBQ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   6454000 | PA      | $6503809.52   | 0.33%             | 2027-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                           | American Assets Trust LP                                      | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7172699.38   | 0.37%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN FINANCIAL GROUP                           | American Financial Group Inc/OH                               | CUSIP: 025932AQ7<br>LEI: 549300AFOM7IVKIU1G39 | Long             | DBT              | CORP              | US        |    500000 | PA      | $494427.97    | 0.03%             | 2035-09-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                | American Tower Corp                                           | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4534502.20   | 0.23%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPER PA                           | Americold Realty Operating Partnership LP                     | CUSIP: 03063UAA9<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |   7532000 | PA      | $7466558.90   | 0.38%             | 2034-09-12      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                           | Aptiv PLC / Aptiv Global Financing DAC                        | CUSIP: 03837AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   7000000 | PA      | $7167547.17   | 0.37%             | 2029-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                             | Arizona Public Service Co                                     | CUSIP: 040555CF9<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5176437.95   | 0.26%             | 2033-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                          | Avnet Inc                                                     | CUSIP: 053807AU7<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    580000 | PA      | $535116.12    | 0.03%             | 2031-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BAC CAPITAL TRUST XIII                             | BAC Capital Trust XIII                                        | CUSIP: 05518UAA5<br>LEI: 549300I6GXQ4O8PHFJ89 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1941519.50   | 0.10%             | 2026-03-17      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                     | BBCMS Trust 2015-VFM                                          | CUSIP: 05546JAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2991274.80   | 0.15%             | 2036-03-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                               | Bank of America Corp                                          | CUSIP: 06048WEJ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | SN               | CORP              | US        |    671000 | PA      | $563014.63    | 0.03%             | 2030-11-19      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                               | Bank of America Corp                                          | CUSIP: 06055JNV7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4982533.35   | 0.25%             | 2037-10-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BANK OF MARIN                                      | Bank of Marin Bancorp                                         | CUSIP: 063425AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5966086.44   | 0.30%             | 2035-12-01      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                             | Bank of New York Mellon Corp/The                              | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999175.00    | 0.05%             | 2026-03-20      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                  | Barclays Bank PLC                                             | CUSIP: 06746CNP0<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5003611.50   | 0.25%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                           | Baxter International Inc                                      | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    810000 | PA      | $794187.03    | 0.04%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                           | Baxter International Inc                                      | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $874969.79    | 0.04%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                           | Baxter International Inc                                      | CUSIP: 071813DE6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5596270.90   | 0.29%             | 2035-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BAY BANKS VIRGINIA                                 | Bay Banks of Virginia Inc                                     | CUSIP: 072035AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1773034 | PA      | $1738324.34   | 0.09%             | 2029-10-15      | Variable      | 8.01%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                              | Becton Dickinson & Co                                         | CUSIP: 075887AN9<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2604551.33   | 0.13%             | 2027-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BIO-RAD LABS                                       | Bio-Rad Laboratories Inc                                      | CUSIP: 090572AR9<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |   2818000 | PA      | $2797163.88   | 0.14%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft                         | Blackbird Capital Aircraft Lease Securitization Ltd 2016-1    | CUSIP: 09228YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    405581 | PA      | $406318.73    | 0.02%             | 2041-12-16      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2025-RM11                 | CUSIP: 10638GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5985830 | PA      | $5970055.10   | 0.30%             | 2065-05-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2026-RM14                 | CUSIP: 10638QAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3332494.20   | 0.17%             | 2066-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                  | Brown & Brown Inc                                             | CUSIP: 115236AG6<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   3573000 | PA      | $3678664.79   | 0.19%             | 2034-06-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                  | Brown & Brown Inc                                             | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2512497.80   | 0.13%             | 2026-12-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2012-CCRE4 Mortgage Trust                                | CUSIP: 12624QAT0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2925110.10   | 0.15%             | 2045-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                     | CSAIL 2015-C3 Commercial Mortgage Trust                       | CUSIP: 12635FBA1<br>LEI: 549300ZAGI6FKGY8O078 | Long             | ABS-MBS          | CORP              | US        |   5795000 | PA      | $4354942.50   | 0.22%             | 2048-08-15      | Variable      | 3.13%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                    | CVS Health Corp                                               | CUSIP: 126650CM0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   4770000 | PA      | $4741302.77   | 0.24%             | 2035-07-20      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                    | CVS Health Corp                                               | CUSIP: 126650DY3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036928.40   | 0.05%             | 2033-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                | Cheniere Energy Inc                                           | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2999377.41   | 0.15%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 1730T0UB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |   1394000 | PA      | $1133719.29   | 0.06%             | 2033-07-09      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 1730T0UG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |    740000 | PA      | $680288.66    | 0.03%             | 2028-07-09      | Variable      | 2.79%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                           | Constellation Brands Inc                                      | CUSIP: 21036PAS7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   2798000 | PA      | $2784612.80   | 0.14%             | 2027-05-09      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CROWN CAP HOLD LLC                                 | Crown Capital Holdings LLC                                    | CUSIP: 22821CAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7000000 | PA      | $4200000.00   | 0.21%             | 2025-01-15      | None          | 12.50%                | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                   | Crown Castle Inc                                              | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1717000 | PA      | $1645466.17   | 0.08%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC                             | Darden Restaurants Inc                                        | CUSIP: 237194AL9<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |    336000 | PA      | $335416.02    | 0.02%             | 2027-05-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                            | Digital Realty Trust LP                                       | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |    489000 | PA      | $482685.34    | 0.02%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                | Dollar General Corp                                           | CUSIP: 256677AP0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3214930.22   | 0.16%             | 2033-07-05      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                     | EPR Properties                                                | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   1027000 | PA      | $1039053.42   | 0.05%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                            | CUSIP: 292480AK6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1429000 | PA      | $1433547.81   | 0.07%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                 | Enact Holdings Inc                                            | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |   6650000 | PA      | $6983275.19   | 0.36%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                                   | Enstar Group Ltd                                              | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |   8132000 | PA      | $7325673.90   | 0.37%             | 2031-09-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| EVERBANK FINANCIAL CORP                            | EverBank Financial Corp                                       | CUSIP: 29977GAC6<br>LEI: 549300ZSQX8IP0RAE826 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4204658.00   | 0.21%             | 2034-09-01      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                           | Everest Reinsurance Holdings Inc                              | CUSIP: 299808AE5<br>LEI: 254900P29PM5UJR3VU91 | Long             | DBT              | CORP              | US        |   9455000 | PA      | $9125857.27   | 0.46%             | 2037-05-15      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                           | F&G Annuities & Life Inc                                      | CUSIP: 30190AAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7298000 | PA      | $6942983.32   | 0.35%             | 2034-10-04      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                           | FMC Corp                                                      | CUSIP: 302491AT2<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   3343000 | PA      | $3292891.84   | 0.17%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                           | FactSet Research Systems Inc                                  | CUSIP: 303075AA3<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4442918.94   | 0.23%             | 2027-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                           | FactSet Research Systems Inc                                  | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2291255.88   | 0.12%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                             | Federal Home Loan Banks                                       | CUSIP: 3130B7R22<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5015644.40   | 0.26%             | 2035-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                             | Federal Home Loan Banks                                       | CUSIP: 3130B8CN0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5000381.20   | 0.25%             | 2035-11-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137H2ET7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1467326 | PA      | $773233.82    | 0.04%             | 2051-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                              | Flowserve Corp                                                | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227279.98    | 0.01%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FRONTIER NORTH INC                                 | Frontier North Inc                                            | CUSIP: 362337AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1672000 | PA      | $1727594.00   | 0.09%             | 2028-02-15      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust 2014-GC24                        | CUSIP: 36253GAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4340000 | PA      | $4209187.63   | 0.21%             | 2047-09-10      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| HMH Trust                                          | HMH Trust 2017-NSS                                            | CUSIP: 40390AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5850000 | PA      | $4854856.50   | 0.25%             | 2031-07-05      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                       | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2001328.54   | 0.10%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                  | HSBC Holdings PLC                                             | CUSIP: 404280DK2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1080000 | PA      | $1228569.15   | 0.06%             | 2032-05-17      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                   | Hewlett Packard Enterprise Co                                 | CUSIP: 42824CBS7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2011788.20   | 0.10%             | 2027-09-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                                 | Honda Motor Co Ltd                                            | CUSIP: 438127AF9<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $2070518.64   | 0.11%             | 2035-07-08      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance I Lim                     | Horizon Aircraft Finance IV Ltd                               | CUSIP: 43990EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7143690 | PA      | $7286024.04   | 0.37%             | 2049-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HORACE MANN EDUCATORS CO                           | Horace Mann Educators Corp                                    | CUSIP: 440327AL8<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |    750000 | PA      | $803812.51    | 0.04%             | 2028-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                         | Humana Inc                                                    | CUSIP: 444859BY7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4720699.80   | 0.24%             | 2034-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                           | Huntsman International LLC                                    | CUSIP: 44701QBF8<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |   3307000 | PA      | $2854636.33   | 0.15%             | 2031-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                           | Huntsman International LLC                                    | CUSIP: 44701QBG6<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4352425.71   | 0.22%             | 2034-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                          | Jabil Inc                                                     | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    750000 | PA      | $730432.16    | 0.04%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                     | JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3  | CUSIP: 46635TAX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9250000 | PA      | $8885354.83   | 0.45%             | 2046-02-15      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                     | JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 | CUSIP: 46639EAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    961455 | PA      | $942215.97    | 0.05%             | 2047-12-15      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                                        | Kemper Corp                                                   | CUSIP: 488401AD2<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3460516.16   | 0.18%             | 2032-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                               | Kraft Heinz Foods Co                                          | CUSIP: 50077LAL0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1505918.91   | 0.08%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                                    | Marex Group PLC                                               | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2094080.78   | 0.11%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                           | Berkshire Hathaway Energy Co                                  | CUSIP: 59562VAM9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3291101.49   | 0.17%             | 2036-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Pioneer Aircraft Finance Limit                     | Pioneer Aircraft Finance Ltd                                  | CUSIP: 72353PAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    298314 | PA      | $296850.86    | 0.02%             | 2044-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                   | Puget Energy Inc                                              | CUSIP: 745310AQ5<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5172963.25   | 0.26%             | 2035-03-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                            | Reinsurance Group of America Inc                              | CUSIP: 759351AE9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |  12898000 | PA      | $12672285.00  | 0.65%             | 2065-12-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru                     | SMB Private Education Loan Trust 2014-A                       | CUSIP: 784456AF2<br>LEI: 549300XC4C7GRVLU6076 | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6435527.00   | 0.33%             | 2045-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                               | Sabra Health Care LP                                          | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $3748849.13   | 0.19%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                           | Safehold GL Holdings LLC                                      | CUSIP: 785931AB2<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6258752.22   | 0.32%             | 2035-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                             | Sempra                                                        | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2726096.04   | 0.14%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Signal Rail Holdings LLC                           | Signal Rail IV LLC                                            | CUSIP: 82666AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5784992 | PA      | $5887968.04   | 0.30%             | 2055-11-17      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Signal Rail Holdings LLC                           | Signal Rail IV LLC                                            | CUSIP: 82666AAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1721914.70   | 0.09%             | 2055-11-17      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Project Silver                                     | Project Silver                                                | CUSIP: 827304AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3402630 | PA      | $3384970.01   | 0.17%             | 2044-07-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                            | Simon Property Group LP                                       | CUSIP: 828807DY0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |   4187000 | PA      | $4216258.84   | 0.21%             | 2034-09-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                           | Slam Ltd                                                      | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1689651 | PA      | $1726133.45   | 0.09%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| SPIRE INC                                          | Spire Inc                                                     | CUSIP: 84857LAC5<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |    222000 | PA      | $222000.00    | 0.01%             | 2026-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Sprite Limited                                     | Sprite 2021-1 Ltd                                             | CUSIP: 85208UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4341657 | PA      | $4278379.04   | 0.22%             | 2046-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Sprite Limited                                     | Sprite 2021-1 Ltd                                             | CUSIP: 85208UAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1377180 | PA      | $1371701.34   | 0.07%             | 2046-11-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                  | Store Capital LLC                                             | CUSIP: 862121AA8<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3513320.44   | 0.18%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUMMIT CNTY OH PORT AUTH REVEN                     | Summit County Development Finance Authority                   | CUSIP: 86606KAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135223.03    | 0.01%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                     | TD SYNNEX Corp                                                | CUSIP: 87162WAL4<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2649950.95   | 0.13%             | 2034-04-12      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                           | Take-Two Interactive Software Inc                             | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   2801000 | PA      | $2793643.73   | 0.14%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE BNKSHRS INC                            | Texas State Bankshares Inc                                    | CUSIP: 882727AA8<br>LEI: 549300KSLUE7MP08XL09 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3991854.12   | 0.20%             | 2029-06-15      | Variable      | 7.53%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2012-C10                      | CUSIP: 92890NAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $5932500.00   | 0.30%             | 2045-12-15      | Variable      | 0.89%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2013-C15                      | CUSIP: 92938CAH0<br>LEI: 5493003CHVRASC16O965 | Long             | ABS-MBS          | CORP              | US        |   3318279 | PA      | $3225400.38   | 0.16%             | 2046-08-15      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                     | Wells Fargo Commercial Mortgage Trust 2015-C31                | CUSIP: 94989WAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     69148 | PA      | $67938.24     | 0.00%             | 2048-11-15      | Variable      | 4.82%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                             | American Honda Finance Corp                                   | CUSIP: 02665WFZ9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    750000 | PA      | $767841.37    | 0.04%             | 2035-03-05      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                           | Aptiv Swiss Holdings Ltd                                      | CUSIP: 03837AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   2485000 | PA      | $2551678.81   | 0.13%             | 2034-09-13      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| THE BANCORP INC                                    | Bancorp Inc/The                                               | CUSIP: 05969AAB1<br>LEI: 894500FP2ICT1B019Y71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5178217.70   | 0.26%             | 2030-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                             | Boardwalk Pipelines LP                                        | CUSIP: 096630AF5<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3364670.72   | 0.17%             | 2027-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BOFA FINANCE LLC                                   | BofA Finance LLC                                              | CUSIP: 09711CAJ3<br>LEI: 549300CGZYSEY3ZSIW16 | Long             | DBT              | CORP              | US        |    733000 | PA      | $736164.43    | 0.04%             | 2027-11-26      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2024-RM8                  | CUSIP: 10637YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $7811524.00   | 0.40%             | 2064-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADMARK REALTY CAPITAL                           | Broadmark Realty Capital Inc                                  | CUSIP: 11135BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4805405.60   | 0.24%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                     | Brunswick Corp/DE                                             | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5439753.37   | 0.28%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC                       | Business Jet Securities 2022-1 LLC                            | CUSIP: 12327AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    427513 | PA      | $427667.61    | 0.02%             | 2037-06-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2014-CCRE16 Mortgage Trust                               | CUSIP: 12591VAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4787500.00   | 0.24%             | 2047-04-10      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2014-UBS5 Mortgage Trust                                 | CUSIP: 12592KBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6500000 | PA      | $6045633.75   | 0.31%             | 2047-09-10      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                             | CVS Pass-Through Trust                                        | CUSIP: 126650BQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1400072 | PA      | $1460497.43   | 0.07%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                             | Canadian Imperial Bank of Commerce                            | CUSIP: 13609FDH4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5007804.10   | 0.26%             | 2035-12-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CAPITAL IMPACT PARTNERS                            | Capital Impact Partners                                       | CUSIP: 140192AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3222490.62   | 0.16%             | 2035-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 1730T0E21<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |   2863000 | PA      | $2393465.14   | 0.12%             | 2033-12-20      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 1730T0KV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |    727000 | PA      | $591370.88    | 0.03%             | 2030-11-19      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                        | Citibank NA                                                   | CUSIP: 17325FBG2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    750000 | PA      | $797471.92    | 0.04%             | 2034-04-30      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                               | Colgate-Palmolive Co                                          | CUSIP: 19416QDJ6<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1363622.08   | 0.07%             | 2046-12-04      | Floating      | 3.73%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK INC                               | Comerica Bank                                                 | CUSIP: 200339EX3<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8210996.64   | 0.42%             | 2033-08-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD FINANCL CORP                           | Comerica Inc                                                  | CUSIP: 200340AT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1994729.50   | 0.10%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                   | Crown Castle Inc                                              | CUSIP: 22822VAZ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   3945000 | PA      | $3902369.66   | 0.20%             | 2027-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                           | Capital One Financial Corp                                    | CUSIP: 254709AM0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   6040000 | PA      | $6046276.35   | 0.31%             | 2027-02-09      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                           | Discovery Communications LLC                                  | CUSIP: 25470DCC1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1164000.00   | 0.06%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                      | AEP Texas Inc                                                 | CUSIP: 00108WAT7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2119458.34   | 0.11%             | 2034-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                           | Alexandria Real Estate Equities Inc                           | CUSIP: 015271BC2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    750000 | PA      | $753826.71    | 0.04%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-1 A PTT                            | American Airlines 2017-1 Class A Pass Through Trust           | CUSIP: 02378AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    178195 | PA      | $173626.29    | 0.01%             | 2029-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                           | Anheuser-Busch InBev Worldwide Inc                            | CUSIP: 035240AE0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |    500000 | PA      | $569970.18    | 0.03%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                           | Assured Guaranty US Holdings Inc                              | CUSIP: 04622DAA9<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |  12106000 | PA      | $10265844.42  | 0.52%             | 2066-12-15      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                          | Avnet Inc                                                     | CUSIP: 053807AV5<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |   4549000 | PA      | $4723892.95   | 0.24%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                   | Bank of Montreal                                              | CUSIP: 06368B5P9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6977000 | PA      | $7010161.68   | 0.36%             | 2026-08-25      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                   | Berry Global Inc                                              | CUSIP: 08576PAL5<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   5550000 | PA      | $5725464.42   | 0.29%             | 2028-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                   | Black Hills Corp                                              | CUSIP: 092113AM1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248312.86    | 0.01%             | 2027-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                          | Boeing Co/The                                                 | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2382699.35   | 0.12%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                            | Booz Allen Hamilton Inc                                       | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3299952.99   | 0.17%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                     | BorgWarner Inc                                                | CUSIP: 099724AQ9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   4401000 | PA      | $4574482.01   | 0.23%             | 2034-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                     | Brunswick Corp/DE                                             | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   2781000 | PA      | $2471314.46   | 0.13%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BUFF ST FOUNDATION HC                              | Buffalo State College Foundation Housing Corp                 | CUSIP: 119807AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $361494.79    | 0.02%             | 2028-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2014-UBS5 Mortgage Trust                                 | CUSIP: 12592KBF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3270000 | PA      | $3172218.83   | 0.16%             | 2047-09-10      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| CAPITAL IMPACT PARTNERS                            | Capital Impact Partners                                       | CUSIP: 140192AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3091179.99   | 0.16%             | 2030-08-01      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                           | Cheniere Energy Partners LP                                   | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4527442.71   | 0.23%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS                           | Citigroup Global Markets Holdings Inc/United States           | CUSIP: 17330YP53<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979916.32    | 0.05%             | 2062-12-02      | Floating      | 3.64%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                               | Colgate-Palmolive Co                                          | CUSIP: 19416QCY4<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    436000 | PA      | $434630.54    | 0.02%             | 2041-09-27      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| FORBRIGHT INC                                      | Congressional Bancshares Inc                                  | CUSIP: 20727PAE4<br>LEI: 549300F86ZI0BZ1LVN33 | Long             | SN               | CORP              | US        |   5000000 | PA      | $4908491.75   | 0.25%             | 2029-12-01      | Variable      | 8.06%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                | FS KKR Capital Corp                                           | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2880910.71   | 0.15%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137F6XZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    764843 | PA      | $393292.90    | 0.02%             | 2050-11-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137H2GV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3509712 | PA      | $2038722.12   | 0.10%             | 2051-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137H2YT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4670718 | PA      | $3177849.74   | 0.16%             | 2051-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                     | Globe Life Inc                                                | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $7078753.69   | 0.36%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382NHR1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1668921 | PA      | $770417.98    | 0.04%             | 2051-02-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382RXT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    389458 | PA      | $293535.88    | 0.01%             | 2051-04-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382T4Y7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1262026 | PA      | $670538.91    | 0.03%             | 2051-07-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382WPA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2733765 | PA      | $1980705.24   | 0.10%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382XPV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    750366 | PA      | $408029.07    | 0.02%             | 2050-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382XY33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1233097 | PA      | $528688.84    | 0.03%             | 2051-09-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38383APL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4043592 | PA      | $2484478.99   | 0.13%             | 2051-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                         | Hasbro Inc                                                    | CUSIP: 418056AY3<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249135.70    | 0.01%             | 2026-11-19      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN & DEV CORP S                     | Hawaii Housing Finance and Development Corp                   | CUSIP: 419818HM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     89357 | PA      | $85523.47     | 0.00%             | 2037-07-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                          | Jabil Inc                                                     | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2245662.36   | 0.11%             | 2028-01-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2014-C18           | CUSIP: 46641JBC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5060000 | PA      | $4930211.00   | 0.25%             | 2047-02-15      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2015-C28           | CUSIP: 46644FAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    842927 | PA      | $830282.91    | 0.04%             | 2048-10-15      | Variable      | 4.28%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                | JPMorgan Chase & Co                                           | CUSIP: 48128BAH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4267242.25   | 0.22%             | 2026-04-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| LAWRENCE BANCSHARES INC                            | Lawrence Bancshares Inc                                       | CUSIP: 519617AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7140215.18   | 0.36%             | 2035-06-30      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| LEGGETT & PLATT INC                                | Leggett & Platt Inc                                           | CUSIP: 524660AZ0<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |   8165000 | PA      | $8132933.19   | 0.41%             | 2029-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| LIBERTY PROPERTY LP                                | Liberty Property LP                                           | CUSIP: 53117CAS1<br>LEI: 549300N6GNCW2Y4RH795 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4964739.80   | 0.25%             | 2026-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| METAL Cayman                                       | METAL 2017-1 LLC                                              | CUSIP: 59111RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  11675998 | PA      | $8114342.46   | 0.41%             | 2042-10-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                        | MetLife Inc                                                   | CUSIP: 59156RCN6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1300957.71   | 0.07%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                           | Omega Healthcare Investors Inc                                | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   3675000 | PA      | $3469259.94   | 0.18%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                           | Omega Healthcare Investors Inc                                | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2708846.67   | 0.14%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING                              | Pk Alift Loan Funding 6 LP                                    | CUSIP: 69291YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3707514 | PA      | $3769793.18   | 0.19%             | 2042-11-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                           | Piedmont Operating Partnership LP                             | CUSIP: 720198AF7<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |   8854000 | PA      | $7729704.56   | 0.39%             | 2032-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PINNACLE FINANCIAL PARTN                           | Pinnacle Financial Partners Inc                               | CUSIP: 72346QAC8<br>LEI: N/A                  | Long             | SN               | CORP              | US        |   5000000 | PA      | $5000108.50   | 0.25%             | 2029-09-15      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| SCRE INTERMEDIATE HOLDCO                           | SCRE Intermediate Holdco LLC                                  | CUSIP: 78434LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7322400.88   | 0.37%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                               | Sabra Health Care LP                                          | CUSIP: 78572XAG6<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1970633.68   | 0.10%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                      | J M Smucker Co/The                                            | CUSIP: 832696AX6<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1371946.90   | 0.07%             | 2033-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SOUTH ST SEC FUND LLC                              | South Street Securities Funding LLC                           | CUSIP: 84046SAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5001822.05   | 0.25%             | 2026-12-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                | Synchrony Financial                                           | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1991000.00   | 0.10%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TLWND 2019-1                                       | GAIA Aviation Ltd                                             | CUSIP: 87404LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2888439 | PA      | $2847235.51   | 0.15%             | 2044-12-15      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Trinity Rail Leasing L.P.                          | Trinity Rail Leasing 2025 LLC                                 | CUSIP: 89657MAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1160000 | PA      | $1168204.10   | 0.06%             | 2055-10-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN COASTAL INSURAN                           | United Insurance Holdings Corp                                | CUSIP: 910710AA0<br>LEI: 5299002P9105LJQA8G51 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2250328.50   | 0.11%             | 2027-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797TE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9886355.60   | 0.50%             | 2026-06-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797TL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19872733.40  | 1.01%             | 2026-05-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                             | UnitedHealth Group Inc                                        | CUSIP: 91324PCQ3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497064.59    | 0.03%             | 2035-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ECAF LTD                                           | ECAF I Ltd                                                    | CUSIP: 26827EAC9<br>LEI: 635400SSRNQERTYCWK57 | Long             | ABS-O            | CORP              | KY        |   3130188 | PA      | $2899524.43   | 0.15%             | 2040-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ECAF LTD                                           | ECAF I Ltd                                                    | CUSIP: 26827EAE5<br>LEI: 635400SSRNQERTYCWK57 | Long             | ABS-O            | CORP              | KY        |  19177362 | PA      | $9369675.48   | 0.48%             | 2040-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                     | EPR Properties                                                | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   6397000 | PA      | $6001091.72   | 0.31%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                        | Equifax Inc                                                   | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   6943000 | PA      | $7072685.80   | 0.36%             | 2027-12-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ESSENT GROUP LTD                                   | Essent Group Ltd                                              | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |   5000000 | PA      | $5262039.70   | 0.27%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EVERBANK FINANCIAL CORP                            | EverBank Financial Corp                                       | CUSIP: 29977GAE2<br>LEI: 549300ZSQX8IP0RAE826 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2109980.66   | 0.11%             | 2035-09-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                           | FMC Corp                                                      | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    750000 | PA      | $660240.53    | 0.03%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                             | NextEra Energy Capital Holdings Inc                           | CUSIP: 302570AW6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1535000 | PA      | $1388003.95   | 0.07%             | 2066-10-01      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                             | Federal Home Loan Banks                                       | CUSIP: 3130B7SA3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $4999768.50   | 0.25%             | 2035-09-24      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                             | CUSIP: 3136BDCY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2754649 | PA      | $1544078.14   | 0.08%             | 2050-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137AVNU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4310747 | PA      | $313583.60    | 0.02%             | 2042-10-15      | Floating      | 0.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137FFUB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3356550 | PA      | $2018143.69   | 0.10%             | 2051-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                                    | Fannie Mae Interest Strip                                     | CUSIP: 31395Q5T3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2084293 | PA      | $287506.98    | 0.01%             | 2044-05-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FIDELITY FEDERAL BANCORP                           | Fidelity Federal Bancorp                                      | CUSIP: 315921AG1<br>LEI: 5493004DRUFQ7MQTK142 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6391280.42   | 0.33%             | 2028-10-15      | Variable      | 7.72%                 | No            |                  2 | On Loan: No      |
| FIDELITY FEDERAL BANCORP                           | Fidelity Federal Bancorp                                      | CUSIP: 315921AJ5<br>LEI: 5493004DRUFQ7MQTK142 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6941530.19   | 0.35%             | 2029-11-01      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| First American Government Obli                     | First American Government Obligations Fund                    | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    100000 | NS      | $100000.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARE                           | First Citizens BancShares Inc/NC                              | CUSIP: 319626AA5<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5022930.50   | 0.26%             | 2035-09-05      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| FIRST FINANCIAL BANCORP                            | First Financial Bancorp                                       | CUSIP: 320209AC3<br>LEI: 549300D3F5B3EZMY7P77 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3015000.00   | 0.15%             | 2035-12-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                           | Flex Ltd                                                      | CUSIP: 33938XAB1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   1000000 | PA      | $1017441.45   | 0.05%             | 2030-05-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                           | Flex Ltd                                                      | CUSIP: 33938XAG0<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   2500000 | PA      | $2530475.78   | 0.13%             | 2035-11-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                          | GATX Corp                                                     | CUSIP: 361448BP7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |   2793000 | PA      | $2832608.76   | 0.14%             | 2027-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                | Global Payments Inc                                           | CUSIP: 37940XAD4<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4422506.55   | 0.23%             | 2030-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382W3P0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4541708 | PA      | $3170998.50   | 0.16%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382XJH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2296368 | PA      | $1552328.39   | 0.08%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38383ADK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3543710 | PA      | $2420901.37   | 0.12%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38383ADQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3236980 | PA      | $2125913.67   | 0.11%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GREAT AJAX OPER PSHIP                              | Great Ajax Operating Partnership LP                           | CUSIP: 38982GAA4<br>LEI: 549300IMX0KE8QJMZ613 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3418304.47   | 0.17%             | 2027-09-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                   | HF Sinclair Corp                                              | CUSIP: 403949AR1<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2595276.78   | 0.13%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOA ROYALTYCO LLC                                  | HOA RoyaltyCo LLC                                             | CUSIP: 403962AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12856756 | PA      | $6043961.14   | 0.31%             | 2055-11-22      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                         | Hasbro Inc                                                    | CUSIP: 418056BA4<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |   7600000 | PA      | $8161972.27   | 0.42%             | 2034-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                           | Healthcare Realty Holdings LP                                 | CUSIP: 42225UAM6<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |   3205000 | PA      | $2849470.60   | 0.15%             | 2031-03-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                  | Healthpeak OP LLC                                             | CUSIP: 42250PAC7<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4299790.88   | 0.22%             | 2027-02-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                | Highwoods Realty LP                                           | CUSIP: 431282AS1<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |   1834000 | PA      | $1725717.14   | 0.09%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                | Highwoods Realty LP                                           | CUSIP: 431282AU6<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $5530075.97   | 0.28%             | 2034-02-01      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance I Lim                     | Horizon Aircraft Finance II Ltd                               | CUSIP: 44040HAA0<br>LEI: 549300KSCDSEIWTVMM32 | Long             | ABS-O            | CORP              | KY        |    998679 | PA      | $991168.05    | 0.05%             | 2039-07-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                           | Huntington Ingalls Industries Inc                             | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1908805.64   | 0.10%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| INDEPENDENT BANK CORP                              | Independent Bank Corp                                         | CUSIP: 453836AJ7<br>LEI: 549300C5K3W8THR3GE10 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5204893.45   | 0.27%             | 2035-04-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                    | CUSIP: 458140AN0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1934721.20   | 0.10%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                    | CUSIP: 458140AX8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   2627000 | PA      | $2601715.41   | 0.13%             | 2027-05-11      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                    | CUSIP: 458140BQ2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998345.77    | 0.05%             | 2027-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl    | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5259390.00   | 0.27%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                     | JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3  | CUSIP: 46635TAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1831434 | PA      | $1801359.39   | 0.09%             | 2046-02-15      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2013-C12           | CUSIP: 46639NAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1913342 | PA      | $1865279.05   | 0.10%             | 2045-07-15      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2014-C22           | CUSIP: 46642NAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4966000 | PA      | $3290421.94   | 0.17%             | 2047-09-15      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                                        | Kemper Corp                                                   | CUSIP: 488401AC4<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3958922.12   | 0.20%             | 2030-09-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| KEYBANK NATIONAL ASSN                              | KeyBank NA/Cleveland OH                                       | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7038459.26   | 0.36%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                  | Kinder Morgan Inc                                             | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1297165.60   | 0.07%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Lafayette Federal Credit Union Asset Trust 2026-HI | Lafayette Federal Credit Union Asset Trust 2026-HI            | CUSIP: 50625BAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6000000 | PA      | $6049861.80   | 0.31%             | 2046-01-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LINCOLN CENTER FOR ARTS                            | Lincoln Center for the Performing Arts Inc                    | CUSIP: 533097AA9<br>LEI: 5493005I1IFCGZIFFQ41 | Long             | DBT              | CORP              | US        |   2065000 | PA      | $1803190.87   | 0.09%             | 2035-12-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                              | Lincoln National Corp                                         | CUSIP: 534187BP3<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |  24884000 | PA      | $20380071.90  | 1.04%             | 2067-04-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                             | Marvell Technology Inc                                        | CUSIP: 573874AN4<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6116513.64   | 0.31%             | 2028-06-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MERCK SHARP & DOHME CORP                           | Merck Sharp & Dohme Corp                                      | CUSIP: 58933NAU3<br>LEI: MZK1AT00SJV4XB7WNL71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992585.44    | 0.05%             | 2041-11-28      | Floating      | 3.48%                 | No            |                  2 | On Loan: No      |
| MERIDIAN CORP                                      | Meridian Corp                                                 | CUSIP: 58960CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9976052.40   | 0.51%             | 2029-12-30      | Variable      | 7.61%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN FUNDING LLC                            | MidAmerican Funding LLC                                       | CUSIP: 59562HAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3228408.66   | 0.16%             | 2029-03-01      | Fixed         | 6.93%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22   | CUSIP: 61690FAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $2500000.00   | 0.13%             | 2048-04-15      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11   | CUSIP: 61762TAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4159083 | PA      | $4017673.90   | 0.20%             | 2046-08-15      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C12   | CUSIP: 61762XAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    381777 | PA      | $362691.63    | 0.02%             | 2046-10-15      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21   | CUSIP: 61764XBP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $7256000.00   | 0.37%             | 2048-03-15      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                             | Motorola Solutions Inc                                        | CUSIP: 620076AP4<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    248000 | PA      | $260277.59    | 0.01%             | 2028-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                               | Utah Acquisition Sub Inc                                      | CUSIP: 62854AAN4<br>LEI: 254900JOFV74IJ7H9933 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4994405.75   | 0.25%             | 2026-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                             | NXP BV / NXP Funding LLC / NXP USA Inc                        | CUSIP: 62954HBE7<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   2000000 | PA      | $2010160.06   | 0.10%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTH INVESTOR                           | National Health Investors Inc                                 | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   8186000 | PA      | $7510481.95   | 0.38%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                   | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2905925.16   | 0.15%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PEDCOR BANCORP                                     | Pedcor Bancorp                                                | CUSIP: 705307AA4<br>LEI: 549300VNEW7JOXBYNY34 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2985000.00   | 0.15%             | 2029-02-15      | Variable      | 8.51%                 | No            |                  2 | On Loan: No      |
| PELORUS FUND REIT LLC                              | Pelorus Fund REIT LLC                                         | CUSIP: 70615PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4977966.10   | 0.25%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| RPM INTERNATIONAL INC                              | RPM International Inc                                         | CUSIP: 749685AV5<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |   1183000 | PA      | $1179297.06   | 0.06%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ROCKWELL COLLINS INC                               | Rockwell Collins Inc                                          | CUSIP: 774341AK7<br>LEI: XO75O7GICH1NPWLBRL05 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1279275.40   | 0.07%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                    | Ross Stores Inc                                               | CUSIP: 778296AF0<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |    473000 | PA      | $471241.13    | 0.02%             | 2026-04-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| SHORE BANCSHARES INC                               | Shore Bancshares Inc                                          | CUSIP: 825107AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2966342.04   | 0.15%             | 2035-11-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| SIMMONS FIRST NTL CORP                             | Simmons First National Corp                                   | CUSIP: 828730AC5<br>LEI: 549300IVR5AJKUVOGN05 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5077367.50   | 0.26%             | 2035-10-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| SMARTFINANCIAL INC                                 | SmartFinancial Inc                                            | CUSIP: 83190LAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4102510.96   | 0.21%             | 2035-09-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| SOUTHSIDE BANCSHARES INC                           | Southside Bancshares Inc                                      | CUSIP: 84470PAG4<br>LEI: 549300TC83207VQA2K65 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4062812.08   | 0.21%             | 2035-08-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                           | Stanley Black & Decker Inc                                    | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1129000 | PA      | $1038622.15   | 0.05%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SECURITY CAPITAL GROUP                             | Security Capital Group Inc                                    | CUSIP: 869049AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    840000 | PA      | $877899.75    | 0.04%             | 2027-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                | Synchrony Financial                                           | CUSIP: 87165BAP8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5590006.51   | 0.28%             | 2029-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| TANGER PROPERTIES LP                               | Tanger Properties LP                                          | CUSIP: 875484AK3<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              | CORP              | US        |    330000 | PA      | $329251.86    | 0.02%             | 2027-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                              | Toronto-Dominion Bank/The                                     | CUSIP: 89115JBD4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4006324.40   | 0.20%             | 2030-07-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                | Global Payments Inc                                           | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1600611.38   | 0.08%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TRINITAS CAPITAL MGMT                              | Trinitas Capital Management LLC                               | CUSIP: 89642CAC4<br>LEI: 254900JU042545A6UD08 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2994000.00   | 0.15%             | 2026-07-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                        | Truist Bank                                                   | CUSIP: 89788KAA4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924471.67    | 0.05%             | 2030-03-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                    | Tyson Foods Inc                                               | CUSIP: 902494BC6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4728581.73   | 0.24%             | 2027-06-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                                    | Tyson Foods Inc                                               | CUSIP: 902494BM4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2661027.58   | 0.14%             | 2034-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| UDR INC                                            | UDR Inc                                                       | CUSIP: 90265EAS9<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   2192000 | PA      | $1924083.39   | 0.10%             | 2034-11-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                            | United Airlines 2020-1 Class A Pass Through Trust             | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1628031 | PA      | $1667318.76   | 0.08%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797TU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9908383.30   | 0.50%             | 2026-06-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UTB FINANCIAL HOLDING CO                           | UTB Financial Holding Co                                      | CUSIP: 91758PAA5<br>LEI: 549300BCI1V7V4DLG340 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5885179.92   | 0.30%             | 2028-09-01      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                       | VeriSign Inc                                                  | CUSIP: 92343EAL6<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |   3129000 | PA      | $3131045.43   | 0.16%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2014-C20                      | CUSIP: 92890FAZ9<br>LEI: 549300UVB571ELWL8972 | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $1980000.00   | 0.10%             | 2047-05-15      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| VOYA FINANCIAL INC                                 | Voya Financial Inc                                            | CUSIP: 929089AH3<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6443339.96   | 0.33%             | 2034-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2014-C21                      | CUSIP: 92939FAE9<br>LEI: 5493000F7E2NMQ4HIO61 | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4527050.00   | 0.23%             | 2047-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2014-C21                      | CUSIP: 92939FAY5<br>LEI: 5493000F7E2NMQ4HIO61 | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2853000.00   | 0.15%             | 2047-08-15      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| WASHINGTON GAS LIGHT CO                            | Washington Gas Light Co                                       | CUSIP: 93884PCN8<br>LEI: DL22T1SB4DUBS063O841 | Long             | DBT              | CORP              | US        |    850000 | PA      | $871899.99    | 0.04%             | 2027-07-22      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                              | CUSIP: 94974BGL8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501840.72    | 0.03%             | 2027-07-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                     | Wells Fargo Commercial Mortgage Trust 2015-C27                | CUSIP: 94989DBC2<br>LEI: 5493001SKB2HKIF64L70 | Long             | ABS-MBS          | CORP              | US        |   4210242 | PA      | $3706276.37   | 0.19%             | 2048-02-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                     | Wells Fargo Commercial Mortgage Trust 2015-SG1                | CUSIP: 94989QBB5<br>LEI: 549300ZJL46M82UL2Z22 | Long             | ABS-MBS          | CORP              | US        |   3747302 | PA      | $3611349.96   | 0.18%             | 2048-09-15      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                     | Wells Fargo Commercial Mortgage Trust 2015-C31                | CUSIP: 94989WBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5189370 | PA      | $4682835.59   | 0.24%             | 2048-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                     | Wells Fargo Commercial Mortgage Trust 2016-C36                | CUSIP: 95000MBV2<br>LEI: 549300BSYX29G4VVM177 | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2549115.30   | 0.13%             | 2059-11-15      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                     | Wells Fargo Commercial Mortgage Trust 2017-SMP                | CUSIP: 95001CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1625000 | PA      | $1511332.06   | 0.08%             | 2034-12-15      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| WESTERN CAPITAL CORP                               | Western Capital Corp                                          | CUSIP: 95787WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4905479.90   | 0.25%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                           | Western Midstream Operating LP                                | CUSIP: 958667AF4<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5284276.45   | 0.27%             | 2029-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                             | Zimmer Biomet Holdings Inc                                    | CUSIP: 98956PAG7<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   1302000 | PA      | $1237360.80   | 0.06%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                             | Zimmer Biomet Holdings Inc                                    | CUSIP: 98956PAZ5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1285608.44   | 0.07%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                                   | Zions Bancorp NA                                              | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   9092000 | PA      | $8646993.33   | 0.44%             | 2029-10-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                     | CSAIL 2015-C1 Commercial Mortgage Trust                       | CUSIP: 126281BF0<br>LEI: 549300UFJ8EKD81Y8R30 | Long             | ABS-MBS          | CORP              | US        |   1780000 | PA      | $1655400.00   | 0.08%             | 2050-04-15      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2015-DC1 Mortgage Trust                                  | CUSIP: 12629NAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540000 | PA      | $476496.00    | 0.02%             | 2048-02-10      | Variable      | 4.31%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                           | Capital One Financial Corp                                    | CUSIP: 14040HCE3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996865.83    | 0.05%             | 2027-05-11      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                             | Choice Hotels International Inc                               | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   1102000 | PA      | $1062149.35   | 0.05%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CINCINNATI FINL CORP                               | Cincinnati Financial Corp                                     | CUSIP: 172062AE1<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3240920.22   | 0.17%             | 2034-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                      | Citigroup Commercial Mortgage Trust 2015-GC35                 | CUSIP: 17324KAT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $5192755.40   | 0.26%             | 2048-11-10      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| CONSERVATION FUND                                  | Conservation Fund A Nonprofit Corp/The                        | CUSIP: 20848FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2497000 | PA      | $2416024.44   | 0.12%             | 2029-12-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                              | Cousins Properties LP                                         | CUSIP: 222793AC5<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7235582.62   | 0.37%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                            | Dell International LLC / EMC Corp                             | CUSIP: 24703DBQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3328316.76   | 0.17%             | 2035-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ORANGE & ROCKLAND UTILIT                           | Orange & Rockland Utilities Inc                               | CUSIP: 684065AT2<br>LEI: 26RM8T263FMD21834H79 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2365388.36   | 0.12%             | 2027-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PATHFINDER BANCORP INC                             | Pathfinder Bancorp Inc                                        | CUSIP: 70319RAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9650000 | PA      | $9536109.83   | 0.49%             | 2030-10-15      | Variable      | 8.99%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                     | PulteGroup Inc                                                | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1447790.94   | 0.07%             | 2033-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                          | Qorvo Inc                                                     | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7382781.60   | 0.38%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                   | Radian Group Inc                                              | CUSIP: 750236AY7<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |   6749000 | PA      | $7087028.79   | 0.36%             | 2029-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| READY CAPITAL CORP                                 | Ready Capital Corp                                            | CUSIP: 75574UAB7<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $7896695.90   | 0.40%             | 2028-12-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                     | WP Glimcher Mall Trust 2015-WPG                               | CUSIP: 92939VAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2231464 | PA      | $2142227.92   | 0.11%             | 2035-06-05      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                           | Willis North America Inc                                      | CUSIP: 970648AL5<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3020076.30   | 0.15%             | 2027-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| DCAL AVIATION FINANCE LIMITED                      | AIM Aviation Finance Ltd                                      | CUSIP: 001406AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    472756 | PA      | $462950.79    | 0.02%             | 2040-02-15      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                     | Air Lease Corp                                                | CUSIP: 00914AAG7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7105852.95   | 0.36%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                           | Alexandria Real Estate Equities Inc                           | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1370350.29   | 0.07%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                        | Ameren Corp                                                   | CUSIP: 023608AL6<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    960000 | PA      | $941052.71    | 0.05%             | 2027-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-1 A PTT                              | American Airlines 2015-1 Class A Pass Through Trust           | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900763 | PA      | $890726.69    | 0.05%             | 2027-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                   | Berry Global Inc                                              | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    278000 | PA      | $272795.58    | 0.01%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                            | Booz Allen Hamilton Inc                                       | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3590986.60   | 0.18%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                     | BorgWarner Inc                                                | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   2522000 | PA      | $2476719.53   | 0.13%             | 2027-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2025-RM12                 | CUSIP: 10638KAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6013032 | PA      | $5950619.00   | 0.30%             | 2065-07-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2025-RM13                 | CUSIP: 10638PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2996464 | PA      | $2943329.40   | 0.15%             | 2065-10-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                      | Brean Asset Backed Securities Trust 2025-RM13                 | CUSIP: 10638PAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1918795.40   | 0.10%             | 2065-10-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC                       | Business Jet Securities 2024-1 LLC                            | CUSIP: 12327CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5887134 | PA      | $6092349.51   | 0.31%             | 2039-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                | CDW LLC / CDW Finance Corp                                    | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2105116.58   | 0.11%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                       | CSMC Trust 2016-NXSR                                          | CUSIP: 12594PBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2896524.60   | 0.15%             | 2049-12-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                                         | Cabot Corp                                                    | CUSIP: 127055AK7<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |    732000 | PA      | $727455.80    | 0.04%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                                         | Cabot Corp                                                    | CUSIP: 12705QAT2<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |    500000 | PA      | $511654.29    | 0.03%             | 2027-10-21      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                             | Canadian Imperial Bank of Commerce                            | CUSIP: 13609FBA1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   6007000 | PA      | $5997166.96   | 0.31%             | 2030-10-17      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CARRINGTON HOLDING CO LL                           | Carrington Holding Co LLC                                     | CUSIP: 144523AE7<br>LEI: 635400MJJEAT2FUN2F71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5020797.80   | 0.26%             | 2029-05-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CHANGE CO CDFI LLC                                 | Change Co CDFI LLC/The                                        | CUSIP: 15912AAC6<br>LEI: N/A                  | Long             | SN               | CORP              | US        |   7000000 | PA      | $6925530.43   | 0.35%             | 2031-09-30      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 1730T0HV4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |   1152000 | PA      | $1048197.89   | 0.05%             | 2029-12-23      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                       | Comcast Corp                                                  | CUSIP: 20030NBT7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   4978000 | PA      | $4321443.91   | 0.22%             | 2036-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                       | Comcast Corp                                                  | CUSIP: 20030NEJ6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1305789.05   | 0.07%             | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD FINANCL CORP                           | Comerica Inc                                                  | CUSIP: 200340AQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    967000 | PA      | $964208.14    | 0.05%             | 2026-07-22      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                 | Conagra Brands Inc                                            | CUSIP: 205887CL4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7476586.72   | 0.38%             | 2035-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                            | Digital Realty Trust LP                                       | CUSIP: 25389JAV8<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2058519.58   | 0.10%             | 2028-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| EAGLE BANCORP INC                                  | Eagle Bancorp Inc                                             | CUSIP: 268948AE6<br>LEI: 549300B47NZODRMG3D47 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6224514.24   | 0.32%             | 2029-09-30      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| EBAY INC                                           | eBay Inc                                                      | CUSIP: 278642BE2<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |   7400000 | PA      | $7478540.42   | 0.38%             | 2035-11-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                           | Enterprise Products Operating LLC                             | CUSIP: 29379VAN3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   7278000 | PA      | $7267832.42   | 0.37%             | 2067-06-01      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                             | Federal Home Loan Banks                                       | CUSIP: 3130B7DY7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5016643.80   | 0.26%             | 2035-08-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                             | CUSIP: 3136BBE40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1846462 | PA      | $1645455.23   | 0.08%             | 2050-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                             | CUSIP: 3136BG7E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2381299 | PA      | $1221712.03   | 0.06%             | 2051-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON BANK                                 | First Horizon Bank                                            | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |    500000 | PA      | $519438.48    | 0.03%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                         | Fiserv Inc                                                    | CUSIP: 337738BE7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3102636.81   | 0.16%             | 2033-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                         | Fiserv Inc                                                    | CUSIP: 337738BJ6<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4038919.20   | 0.21%             | 2027-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                           | Flex Ltd                                                      | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   1000000 | PA      | $1033071.07   | 0.05%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382WW60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3389545 | PA      | $2073693.88   | 0.11%             | 2051-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2015-C32           | CUSIP: 46590JBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $254950.00    | 0.01%             | 2048-11-15      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2013-C14           | CUSIP: 46640LAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2291674 | PA      | $2235986.50   | 0.11%             | 2046-08-15      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| Jol Air                                            | JOL Air Ltd                                                   | CUSIP: 46651NAB0<br>LEI: 549300TS4MUGCDXPW498 | Long             | ABS-O            | CORP              | KY        |    502672 | PA      | $500159.90    | 0.03%             | 2044-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                              | Jackson Financial Inc                                         | CUSIP: 46817MAR8<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |   1526000 | PA      | $1544738.61   | 0.08%             | 2027-06-08      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP                           | Jacobs Engineering Group Inc                                  | CUSIP: 469814AA5<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1846946.48   | 0.09%             | 2033-03-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LENNAR CORP                                        | Lennar Corp                                                   | CUSIP: 526057CV4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |   1123000 | PA      | $1131199.28   | 0.06%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINGSPIRE EQUIPT FIN LLC                           | Liberty Commercial Finance LLC                                | CUSIP: 53036LAA8<br>LEI: 254900UTJF59Z6LWFR35 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5952648.30   | 0.30%             | 2026-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                               | MGIC Investment Corp                                          | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |   7376000 | PA      | $7367152.86   | 0.38%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mach I                                             | MACH 1 Cayman 2019-1 Ltd                                      | CUSIP: 55446MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    448148 | PA      | $444691.90    | 0.02%             | 2039-10-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                                    | Marex Group PLC                                               | CUSIP: 566539AB8<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5100232.75   | 0.26%             | 2028-05-08      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| A10 CAPITAL LLC                                    | A10 Capital LLC                                               | CUSIP: 66982EAA0<br>LEI: 549300RXTK0PSG57BV49 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4951390.55   | 0.25%             | 2026-08-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| A10 CAPITAL LLC                                    | A10 Capital LLC                                               | CUSIP: 66982EAC6<br>LEI: 549300RXTK0PSG57BV49 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1485417.17   | 0.08%             | 2026-08-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Thrust Engine Leasing                              | Thrust Engine Leasing 2021 DAC                                | CUSIP: 88603UAA7<br>LEI: 254900X0E0PUM0VQBP74 | Long             | ABS-O            | CORP              | US        |   2901285 | PA      | $2872866.36   | 0.15%             | 2040-07-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                             | Toll Brothers Finance Corp                                    | CUSIP: 88947EAS9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $503096.55    | 0.03%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                           | Toyota Motor Credit Corp                                      | CUSIP: 89236TLV5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2241000 | PA      | $2239251.66   | 0.11%             | 2029-03-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                              | TransCanada PipeLines Ltd                                     | CUSIP: 89352HAC3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |  18223000 | PA      | $16410045.30  | 0.84%             | 2067-05-15      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2013-C14                      | CUSIP: 92890PAH7<br>LEI: 549300GADFYEKC4OLM57 | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1424895.00   | 0.07%             | 2046-06-15      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| BCB BANCORP INC                                    | BCB Bancorp Inc                                               | CUSIP: 055298AE3<br>LEI: 54930024V6Z8FYSN4291 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5570004.75   | 0.28%             | 2034-09-01      | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                          | Boeing Co/The                                                 | CUSIP: 097023BK0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2381000 | PA      | $2109520.52   | 0.11%             | 2035-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC                       | Business Jet Securities 2022-1 LLC                            | CUSIP: 12327AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2992591 | PA      | $2984861.59   | 0.15%             | 2037-06-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                | CDW LLC / CDW Finance Corp                                    | CUSIP: 12513GBL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3280073.36   | 0.17%             | 2034-08-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                | COMM 2015-PC1 Mortgage Trust                                  | CUSIP: 12593GAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2075000.00   | 0.11%             | 2050-07-10      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                     | Csail 2015-C2 Commercial Mortgage Trust                       | CUSIP: 12634NAZ1<br>LEI: 549300D5DIOOMKWXVZ20 | Long             | ABS-MBS          | CORP              | US        |   1798575 | PA      | $1717657.45   | 0.09%             | 2057-06-15      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                | Cardinal Health Inc                                           | CUSIP: 14149YBS6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   2477000 | PA      | $2577649.03   | 0.13%             | 2034-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza                     | Castlelake Aircraft Structured Trust 2019-1                   | CUSIP: 14855MAA6<br>LEI: 549300MHTIBONNXM3R82 | Long             | ABS-O            | CORP              | US        |    649547 | PA      | $643062.70    | 0.03%             | 2039-04-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                             | Choice Hotels International Inc                               | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $7166848.74   | 0.37%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 1730T0A82<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |    245000 | PA      | $218026.97    | 0.01%             | 2028-11-15      | Variable      | 2.62%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                                    | Concentrix Corp                                               | CUSIP: 20602DAC5<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   7056000 | PA      | $6748425.57   | 0.34%             | 2033-08-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CUSTOMERS BANCORP INC                              | Customers Bancorp Inc                                         | CUSIP: 23204GAH3<br>LEI: 549300WLBCHYKZ53FN68 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6077811.00   | 0.31%             | 2036-01-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC                             | Darden Restaurants Inc                                        | CUSIP: 237194AN5<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $4232046.20   | 0.22%             | 2033-10-10      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                           | FMC Corp                                                      | CUSIP: 302491AX3<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2630809.59   | 0.13%             | 2033-05-18      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FNB CORP                                           | FNB Corp/PA                                                   | CUSIP: 302520AD3<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3085576.53   | 0.16%             | 2030-12-11      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                            | CUSIP: 3137H0VP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    563917 | PA      | $342211.09    | 0.02%             | 2051-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                           | Flex Ltd                                                      | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   2497000 | PA      | $2544233.98   | 0.13%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                              | Flowserve Corp                                                | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |   2149000 | PA      | $2074287.05   | 0.11%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER FLORIDA LLC                               | Frontier Florida LLC                                          | CUSIP: 362333AH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5426000 | PA      | $5649741.11   | 0.29%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                             | Cox Communications Inc                                        | CUSIP: 224044AN7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5255902.70   | 0.27%             | 2028-08-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC                             | Darden Restaurants Inc                                        | CUSIP: 237194AE5<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |   1007000 | PA      | $1047523.27   | 0.05%             | 2035-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                                | DENTSPLY SIRONA Inc                                           | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   8183000 | PA      | $7677948.51   | 0.39%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                   | Deutsche Bank AG                                              | CUSIP: 25161FK31<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   5000000 | PA      | $5007857.55   | 0.26%             | 2036-01-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                           | Virginia Electric and Power Co                                | CUSIP: 927804FA7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3673792.62   | 0.19%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WACHOVIA CORP                                      | Wachovia Corp                                                 | CUSIP: 929903AM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3117666.84   | 0.16%             | 2035-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                                    | CLI Funding IX LLC                                            | CUSIP: 12571WAB9<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |   3625958 | PA      | $3665407.69   | 0.19%             | 2049-07-20      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                 | CUSIP: 172967DS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    868000 | PA      | $791622.07    | 0.04%             | 2036-08-25      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                      | Citigroup Commercial Mortgage Trust 2016-GC36                 | CUSIP: 17324TAM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4391950.00   | 0.22%             | 2049-02-10      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                               | DBUBS 2011-LC3 Mortgage Trust                                 | CUSIP: 23305YAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4197000 | PA      | $2691410.19   | 0.14%             | 2044-05-10      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                  | Flowers Foods Inc                                             | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |   6932000 | PA      | $6844246.98   | 0.35%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                | Global Payments Inc                                           | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1154000 | PA      | $1039655.59   | 0.05%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                   | CUSIP: 38148TMB2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000890.77   | 0.05%             | 2026-04-05      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382A5T8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3120417 | PA      | $325909.81    | 0.02%             | 2048-03-20      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382JAQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1032497 | PA      | $467920.40    | 0.02%             | 2050-09-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                     | Government National Mortgage Association                      | CUSIP: 38382WW37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7198074 | PA      | $4513741.42   | 0.23%             | 2051-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HILLTOP HOLDINGS INC                               | Hilltop Holdings Inc                                          | CUSIP: 432748AE1<br>LEI: 54930010TA543US0PM65 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4950000.00   | 0.25%             | 2035-05-15      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                           | Host Hotels & Resorts LP                                      | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    625000 | PA      | $598853.94    | 0.03%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNB CORP                                           | Howard Bancorp Inc                                            | CUSIP: 442496AA3<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2973573.54   | 0.15%             | 2028-12-06      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                         | Humana Inc                                                    | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2061894.84   | 0.11%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                  | Hyatt Hotels Corp                                             | CUSIP: 448579AS1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   6566000 | PA      | $6847408.06   | 0.35%             | 2034-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IIP OPERATING PARTNER                              | IIP Operating Partnership LP                                  | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3619000 | PA      | $3594050.90   | 0.18%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                    | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022875.73   | 0.05%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                     | JP Morgan Chase Commercial Mortgage Securities Trust 2014-C20 | CUSIP: 46642CAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4268180 | PA      | $1621865.68   | 0.08%             | 2047-07-15      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                     | JPMBB Commercial Mortgage Securities Trust 2014-C24           | CUSIP: 46643GAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10400000 | PA      | $9826347.44   | 0.50%             | 2047-11-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                              | Jackson Financial Inc                                         | CUSIP: 46817MAL1<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    500000 | PA      | $455613.65    | 0.02%             | 2031-11-23      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP LP                               | Kite Realty Group LP                                          | CUSIP: 49803XAA1<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |    365000 | PA      | $364636.11    | 0.02%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LKQ CORP                                           | LKQ Corp                                                      | CUSIP: 501889AF6<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |   6775000 | PA      | $7180981.85   | 0.37%             | 2033-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Labrador Aviation Finance Limi                     | Labrador Aviation Finance Ltd 2016-1A                         | CUSIP: 50543LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |  13512137 | PA      | $13513893.49  | 0.69%             | 2042-01-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                          | Lear Corp                                                     | CUSIP: 521865BC8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $907443.70    | 0.05%             | 2032-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                             | Warnermedia Holdings Inc                                      | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   3458000 | PA      | $3172715.00   | 0.16%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| MEDALLION FINANCIAL CORP                           | Medallion Financial Corp                                      | CUSIP: 583928AJ5<br>LEI: 549300FJ4FMGJ2C34Y48 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5100000.00   | 0.26%             | 2028-09-30      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEWPORT REALTY TRUST                               | Newport Realty Trust Inc                                      | CUSIP: 652315AA0<br>LEI: 549300NQHVIV87HVCR07 | Long             | DBT              | CORP              | US        |   8995177 | PA      | $4947347.12   | 0.25%             | 2025-12-01      | None          | 15.00%                | No            |                  2 | On Loan: No      |
| NEXPOINT REAL ESTATE FIN                           | Nexpoint Real Estate Finance Inc                              | CUSIP: 65342VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8937643.86   | 0.46%             | 2026-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OCEANFIRST FINANCIAL CP                            | OceanFirst Financial Corp                                     | CUSIP: 675234AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4020000.00   | 0.20%             | 2035-11-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                              | Toronto-Dominion Bank/The                                     | CUSIP: 89115JAE3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3001237.26   | 0.15%             | 2030-04-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                              | US Bank NA/Cincinnati OH                                      | CUSIP: 90331HMW0<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4947806.90   | 0.25%             | 2056-02-23      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                   | Ventas Realty LP                                              | CUSIP: 92277GAX5<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1318078.80   | 0.07%             | 2034-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                   | Ventas Realty LP                                              | CUSIP: 92277GBA4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2019717.40   | 0.10%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                       | VeriSign Inc                                                  | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2275835.45   | 0.12%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                        | Exelon Corp                                                   | CUSIP: 30161NBB6<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3953083.60   | 0.20%             | 2027-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                             | Federal Home Loan Banks                                       | CUSIP: 3130B8RG9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5004828.70   | 0.25%             | 2035-12-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity Rail Leasing L.P.                          | Trinity Rail Leasing 2025 LLC                                 | CUSIP: 89657MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2966742 | PA      | $3008715.81   | 0.15%             | 2055-10-19      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                              | Truist Financial Corp                                         | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  10552000 | PA      | $10591738.83  | 0.54%             | 2026-09-01      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| PERATON ENTERPRISE SOL                             | Peraton Enterprise Solutions LLC                              | CUSIP: 285659AF5<br>LEI: 549300OOA7HMLU1JZM40 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2142037.20   | 0.11%             | 2029-10-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID USA                                  | National Grid USA                                             | CUSIP: 49337WAH3<br>LEI: MOM4570XTJ5YYX7JKH83 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7287392.70   | 0.37%             | 2033-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust 2015-UBS8                      | CUSIP: 61691ABQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3608160 | PA      | $3535996.82   | 0.18%             | 2048-12-15      | Variable      | 4.36%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust 2011-C2                        | CUSIP: 617459AJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    269841 | PA      | $267196.52    | 0.01%             | 2044-06-15      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| PCAP HOLDINGS LP                                   | PCAP Holdings LP                                              | CUSIP: 69320NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $1000000.00   | 0.05%             | 2028-07-15      | None          | 6.50%                 | No            |                  2 | On Loan: No      |
| PARKWAY BANCORP INC                                | Parkway Bancorp Inc/IL                                        | CUSIP: 70153YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3001730.76   | 0.15%             | 2030-03-31      | Variable      | 9.32%                 | No            |                  2 | On Loan: No      |
| PEOPLES FIN SERVICES                               | Peoples Financial Services Corp                               | CUSIP: 711040AC9<br>LEI: 254900HXI30XMTDCGJ18 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4162586.28   | 0.21%             | 2035-06-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| POLARIS INC                                        | Polaris Inc                                                   | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7691782.88   | 0.39%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| POST BROTHERS HLDS LLC                             | Post Brothers Holdings LLC                                    | CUSIP: 73742PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4881124.25   | 0.25%             | 2027-08-18      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| READYCAP HOLDINGS LLC                              | ReadyCap Holdings LLC                                         | CUSIP: 755763AC3<br>LEI: 549300W908MAGNC9E420 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9806602.60   | 0.50%             | 2026-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRIMIS FINANCIAL CORP                              | Southern National Bancorp of Virginia Inc                     | CUSIP: 843395AB0<br>LEI: 549300JNX3M2EENG1F11 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1993581.88   | 0.10%             | 2030-09-01      | Variable      | 8.98%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                           | Sumitomo Mitsui Financial Group Inc                           | CUSIP: 86562MDU1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $534157.01    | 0.03%             | 2035-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                  | Sysco Corp                                                    | CUSIP: 871829BT3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    500000 | PA      | $544952.50    | 0.03%             | 2034-01-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TGIF Funding, LLC                                  | TGIF Funding LLC 2017-1A                                      | CUSIP: 87244BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10990469 | PA      | $9365256.58   | 0.48%             | 2047-04-30      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                        | Textron Inc                                                   | CUSIP: 883203CD1<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2568099.86   | 0.13%             | 2033-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                             | Toll Brothers Finance Corp                                    | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3020096.46   | 0.15%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19962927.49  | 1.02%             | 2026-03-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797QN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19854405.60  | 1.01%             | 2026-05-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797SD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19936982.18  | 1.02%             | 2026-04-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797ST5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9997942.22   | 0.51%             | 2026-03-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                      | United States Treasury Bill                                   | CUSIP: 912797TJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19900231.21  | 1.01%             | 2026-04-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL INSURANCE HLDS                           | Universal Insurance Holdings Inc                              | CUSIP: 91359VAC1<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6929957.65   | 0.35%             | 2026-11-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                 | VICI Properties LP                                            | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $6863057.84   | 0.35%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU                     | WFRBS Commercial Mortgage Trust 2012-C10                      | CUSIP: 92890NAX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    818281 | PA      | $789641.13    | 0.04%             | 2045-12-15      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| WAYPOINT RESIDENTIAL LLC                           | Waypoint Residential LLC                                      | CUSIP: 94677MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4496594 | PA      | $1843603.54   | 0.09%             | 2029-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WAYPOINT RESIDENTIAL LLC                           | Waypoint Residential LLC                                      | CUSIP: 94677MAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5403406 | PA      | $1080681.20   | 0.06%             | 2031-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                              | CUSIP: 949746NK3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7217000 | PA      | $7161537.72   | 0.36%             | 2046-11-27      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Thompson IM Funds, Inc.

**Signature:** /s/ Jason L. Stephens

**Name of Signer:** Jason L. Stephens

**Title:** Chief Executive Officer