# EDGAR Filing Document

**Accession Number:** 0001084380
**File Stem:** 0001752724-23-070476
**Filing Date:** 2023-3
**Character Count:** 186709
**Document Hash:** 9ca8e3b34e4a06f3a0181b2de55609e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-070476.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-070476

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIAA-CREF FUNDS
- **CENTRAL INDEX KEY:** 0001084380
- **IRS NUMBER:** 134055167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09301
- **FILM NUMBER:** 23771748

**BUSINESS ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129166746

**MAIL ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIAA CREF INSTITUTIONAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990415

## Series and Classes Contracts Data

### TIAA-CREF International Bond Fund (Series ID: S000054622)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000171516 | Advisor Class       | TIBNX           |
| C000171517 | Institutional Class | TIBWX           |
| C000171518 | Premier Class       | TIBLX           |
| C000171519 | Retail Class        | TIBEX           |
| C000171520 | Retirement Class    | TIBVX           |
| C000202768 | Class W             | TIBUX           |

## Nport-Ex

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TIAA-CREF Funds

- **b. Investment Company Act file number:** 811-09301

- **c. CIK number of Registrant:** 0001084380

- **d. LEI of Registrant:** 549300L8R42TEBN5NG46

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

  - **Street Address 1:** 730 Third Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 800-842-2733

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

- **a. Name of Series:** TIAA-CREF International Bond Fund

- **b. EDGAR series identifier (if any):** S000054622

- **c. LEI of Series:** 549300G6OT5H8V4S5S27

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $799269094.00

**Total Liabilities:** $417852948.00

**Net Assets:** $381416146.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -132.71000000 | **1-Year:** -8268.15000000 | **5-Year:** -36661.13000000 | **10-Year:** -59869.87000000 | **30-Year:** -38845.51000000

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

- **3-Month:** -264.96000000 | **1-Year:** -5823.59000000 | **5-Year:** -23829.38000000 | **10-Year:** -37309.83000000 | **30-Year:** -42371.54000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000171519 | 2.76%                | -1.21%               | 2.46%                |
| Class ID C000171516 | 2.89%                | -1.25%               | 2.33%                |
| Class ID C000171518 | 2.87%                | -1.15%               | 2.31%                |
| Class ID C000202768 | 2.89%                | -1.09%               | 2.46%                |
| Class ID C000171520 | 2.89%                | -1.18%               | 2.33%                |
| Class ID C000171517 | 2.89%                | -1.23%               | 2.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3999284.41             | $26655759.29                               |
| Month 2  | $10284.41                | $738998.89                                 |
| Month 3  | $-1610430.72             | $13350889.46                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MEX BONOS DESARR FIX RT                         | Mexican Bonos                                                               | CUSIP: QJ1649335<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    30800000 | PA      | $1481288.55   | 0.39%             | 2026-03-05      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IFFIM                                           | International Finance Facility for Immunisation Co                          | CUSIP: BX9184249<br>LEI: 549300ILK2NRULX3HX87 | Long             | DBT              | NUSS              | GB        |      400000 | PA      | $478279.55    | 0.13%             | 2025-06-07      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | CNY230301                                                                   | CUSIP: CNY230301<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-73050.26    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CODELCO INC                                     | Corp Nacional del Cobre de Chile                                            | CUSIP: 21987BBD9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |      325000 | PA      | $237621.18    | 0.06%             | 2051-01-15      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| JAPAN FIN ORG MUNICIPAL                         | Japan Finance Organization for Municipalities                               | CUSIP: JV8452080<br>LEI: 5493007YYYNZ4NMEOD64 | Long             | DBT              | NUSS              | JP        |    30000000 | PA      | $230771.55    | 0.06%             | 2026-02-16      | Fixed         | 0.14%                 | No            |                  2 | On Loan: No      |
| JAPAN (2 YEAR ISSUE)                            | Japan Government Two Year Bond                                              | CUSIP: ZN0030140<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | CORP              | JP        |   197000000 | PA      | $1514265.23   | 0.40%             | 2024-11-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                                 | MEG Energy Corp                                                             | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |     1275000 | PA      | $1217625.00   | 0.32%             | 2029-02-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Last Mile Logistics Pan Euro F                  | Last Mile Logistics Pan Euro Finance DAC                                    | CUSIP: BCC316NM6<br>LEI: 635400NOPX1IKIAX7N90 | Long             | ABS-MBS          | CORP              | IE        |      895985 | PA      | $894981.61    | 0.23%             | 2033-08-17      | Variable      | 1.00%                 | Yes           |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                                         | CUSIP: ZS0616848<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      900000 | PA      | $685662.01    | 0.18%             | 2031-04-11      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PARKLAND CORP                                   | Parkland Corp                                                               | CUSIP: 70137WAL2<br>LEI: 549300Q72GWZCL8MQC95 | Long             | DBT              | CORP              | CA        |      315000 | PA      | $270774.57    | 0.07%             | 2030-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                         | Hungary Government Bond                                                     | CUSIP: EK0121898<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |   460000000 | PA      | $1130739.10   | 0.30%             | 2025-06-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                             | COMM Mortgage Trust                                                         | CUSIP: 12593JBK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1372085.40   | 0.36%             | 2048-08-10      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF RWANDA                              | Rwanda International Government Bond                                        | CUSIP: 78347YAL7<br>LEI: 213800DQC28OBRZDYJ87 | Long             | DBT              | NUSS              | RW        |     2450000 | PA      | $1865763.40   | 0.49%             | 2031-08-09      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Frost CMBS                                      | Frost CMBS DAC                                                              | CUSIP: BCC3320N6<br>LEI: 635400USRLUMX8CQN243 | Long             | ABS-MBS          | CORP              | IE        |     1900000 | PA      | $2081049.87   | 0.55%             | 2033-11-20      | Variable      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: BR8688722<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    14900000 | PA      | $2221979.62   | 0.58%             | 2028-10-14      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs                                   | CNY230202                                                                   | CUSIP: CNY230202<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-117946.22   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                 | Kingdom of Belgium Government Bond                                          | CUSIP: AN7110397<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |      525000 | PA      | $464703.47    | 0.12%             | 2037-06-22      | Fixed         | 1.45%                 | Yes           |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: BQ7821821<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |   800000000 | PA      | $524734.85    | 0.14%             | 2041-09-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                           | Province of Ontario Canada                                                  | CUSIP: 68333ZAL1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     1100000 | PA      | $536941.87    | 0.14%             | 2051-12-02      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| JAPAN (10 YEAR ISSUE)                           | Japan Government Ten Year Bond                                              | CUSIP: ZO7395353<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   513000000 | PA      | $3826367.62   | 1.00%             | 2030-09-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND                        | Bundesrepublik Deutschland                                                  | CUSIP: BR2469814<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |     1695000 | PA      | $983378.47    | 0.26%             | 2052-08-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| SOCIETE GENERALE                                | Societe Generale S.A.                                                       | CUSIP: BN4540975<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |      700000 | PA      | $721705.17    | 0.19%             | 2027-12-07      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                         | Pakistan Government International Bond                                      | CUSIP: 695847AS2<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     1000000 | PA      | $431212.00    | 0.11%             | 2026-04-08      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| QNB FINANCE LTD                                 | QNB Finance Ltd                                                             | CUSIP: BN6735318<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |    16000000 | PA      | $2286256.59   | 0.60%             | 2026-02-04      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Australia and New Zealand Banking Group Limited | EUR230428                                                                   | CUSIP: EUR230428<br>LEI: JHE42UYNWWTJB8YTTU19 | N/A              | DFE              | CORP              | US        |           1 | NC      | $11748.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN                               | Jordan Government International Bond                                        | CUSIP: 41809JAA3<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     1000000 | PA      | $1033067.52   | 0.27%             | 2028-01-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| IQVIA INC                                       | IQVIA, Inc                                                                  | CUSIP: BO1068085<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |      500000 | PA      | $504258.75    | 0.13%             | 2026-03-15      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| ARCELIK AS                                      | Arcelik AS.                                                                 | CUSIP: BP6180478<br>LEI: 789000748KTQCUMJ0R25 | Long             | DBT              | CORP              | TR        |      250000 | PA      | $246439.92    | 0.06%             | 2026-05-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                             | Nigeria Government International Bond                                       | CUSIP: 65412JAU7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |      925000 | PA      | $769327.52    | 0.20%             | 2029-03-24      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FIN NV                          | Volkswagen International Finance NV                                         | CUSIP: ZN2139824<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $549193.51    | 0.14%             | 2025-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PROV OF NEW BRUNSWICK                           | Province of New Brunswick Canada                                            | CUSIP: 642866GN1<br>LEI: 549300POZA55ZTGSOU44 | Long             | DBT              | NUSS              | CA        |     1600000 | PA      | $1180456.20   | 0.31%             | 2028-08-14      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                                                              | CUSIP: AP6382349<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      670000 | PA      | $680025.57    | 0.18%             | 2026-10-23      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                          | Fairfax Financial Holdings Ltd                                              | CUSIP: AR6731004<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |      250000 | PA      | $241038.38    | 0.06%             | 2028-03-29      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| MVW Owner Trust                                 | MVW LLC                                                                     | CUSIP: 55389TAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      272884 | PA      | $246987.95    | 0.06%             | 2041-01-22      | Fixed         | 1.94%                 | Yes           |                  2 | On Loan: No      |
| B3 SA-BRASIL BOLSA BALCA                        | B3 S.A.-Brasil Bolsa Balcao                                                 | CUSIP: 11778EAA4<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | DBT              | CORP              | BR        |      300000 | PA      | $263250.00    | 0.07%             | 2031-09-20      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                         | Goldman Sachs Group, Inc                                                    | CUSIP: BN6710287<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      750000 | PA      | $681015.09    | 0.18%             | 2028-01-26      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CYPRUS                              | Cyprus Government International Bond                                        | CUSIP: ZP4820368<br>LEI: 213800IOEYYAHPDLUL60 | Long             | DBT              | NUSS              | CY        |     1100000 | PA      | $979404.67    | 0.26%             | 2030-01-21      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| FRANCE (GOVT OF)                                | French Republic Government Bond OAT                                         | CUSIP: AS9078385<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     3775000 | PA      | $3708416.29   | 0.97%             | 2028-11-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                   | Citigroup, Inc                                                              | CUSIP: BJ1618617<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      500000 | PA      | $510734.14    | 0.13%             | 2026-07-06      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                             | Oportun Issuance Trust                                                      | CUSIP: 68377GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $448616.30    | 0.12%             | 2031-05-08      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                           | Japan Government Thirty Year Bond                                           | CUSIP: ZM3783796<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   265000000 | PA      | $2034574.56   | 0.53%             | 2052-12-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| AFLAC INC                                       | Aflac, Inc                                                                  | CUSIP: 001055BE1<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |   100000000 | PA      | $730631.91    | 0.19%             | 2030-03-12      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                         | Goldman Sachs Group, Inc                                                    | CUSIP: BU0465312<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |      500000 | PA      | $543301.20    | 0.14%             | 2025-02-07      | Variable      | 2.73%                 | No            |                  2 | On Loan: No      |
| BANK HAPOALIM                                   | Bank Hapoalim BM                                                            | CUSIP: BR9645804<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | DBT              | CORP              | IL        |      270000 | PA      | $237769.56    | 0.06%             | 2032-01-21      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                         | Inter-American Development Bank                                             | CUSIP: EK0718420<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | N/A       |     2150000 | PA      | $1539200.91   | 0.40%             | 2024-08-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED BANK                         | GBP230428                                                                   | CUSIP: GBP230428<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-1236.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                     | BNP Paribas S.A.                                                            | CUSIP: BV6624860<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |      500000 | PA      | $464335.03    | 0.12%             | 2032-04-07      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| CZECH GAS NETWORKS INV                          | Czech Gas Networks Investments Sarl                                         | CUSIP: BR2082765<br>LEI: 549300K11JPENR1PEH43 | Long             | DBT              | CORP              | LU        |      250000 | PA      | $201797.86    | 0.05%             | 2029-09-08      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| GSK CAPITAL BV                                  | GSK Capital BV                                                              | CUSIP: ZN5758620<br>LEI: 549300ZGXDBU2ZV6RP76 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $538796.36    | 0.14%             | 2027-11-28      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services                 | CZK230228                                                                   | CUSIP: CZK230228<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-1907.73     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE ASSRNCES                        | Credit Agricole Assurances S.A.                                             | CUSIP: BR6668346<br>LEI: 969500K2MUPSI57XK083 | Long             | DBT              | CORP              | FR        |      500000 | PA      | $417782.27    | 0.11%             | 2031-10-06      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SENEGAL                             | Senegal Government International Bond                                       | CUSIP: BP9003099<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |      825000 | PA      | $626248.47    | 0.16%             | 2037-06-08      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                         | International Bank for Reconstruction & Development                         | CUSIP: ZM2756512<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | N/A       | 31200000000 | PA      | $2090338.12   | 0.55%             | 2028-01-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TESCO CORP TREASURY SERV                        | Tesco Corporate Treasury Services plc                                       | CUSIP: BH9923674<br>LEI: 21380018AJDKNF3A6712 | Long             | DBT              | CORP              | GB        |      400000 | PA      | $424285.27    | 0.11%             | 2030-04-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SINGAPORE GOVERNMENT                            | Singapore Government Bond                                                   | CUSIP: BQ1798256<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |     1825000 | PA      | $1249364.86   | 0.33%             | 2031-07-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                         | Honeywell International, Inc                                                | CUSIP: 438516BX3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     1000000 | PA      | $1047123.78   | 0.27%             | 2024-03-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                        | Tengizchevroil Finance Co International Ltd                                 | CUSIP: 88034QAB3<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |      400000 | PA      | $357704.66    | 0.09%             | 2025-08-15      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| Citibank N.A.                                   | NOK230428                                                                   | CUSIP: NOK230428<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $45326.51     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                             | Malaysia Government Bond                                                    | CUSIP: ZQ6789759<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |     5400000 | PA      | $1201010.07   | 0.31%             | 2040-05-22      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                        | Republic of South Africa Government International Bond                      | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      500000 | PA      | $449757.31    | 0.12%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                             | American Tower Corp                                                         | CUSIP: BP5739662<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      450000 | PA      | $425078.42    | 0.11%             | 2027-01-15      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                         | International Game Technology plc                                           | CUSIP: AZ0981300<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |      500000 | PA      | $513308.87    | 0.13%             | 2026-06-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (5 YEAR ISSUE)                            | Japan Government Five Year Bond                                             | CUSIP: BR9625400<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   268000000 | PA      | $2054957.93   | 0.54%             | 2026-09-20      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                          | Ardagh Metal Packaging Finance USA LLC                                      | CUSIP: BO2884290<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |      750000 | PA      | $633774.92    | 0.17%             | 2029-09-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ECOPETROL SA                                    | Ecopetrol S.A.                                                              | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |      225000 | PA      | $177907.50    | 0.05%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: EK7750491<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  1900000000 | PA      | $1502688.42   | 0.39%             | 2025-06-10      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP                           | Bank of Ireland Group plc                                                   | CUSIP: BO3837669<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |      600000 | PA      | $575085.12    | 0.15%             | 2027-05-10      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                              | Serbia Government International Bond                                        | CUSIP: AZ2272021<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     1700000 | PA      | $1397149.14   | 0.37%             | 2029-06-26      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| HUNGARY                                         | Hungary Government International Bond                                       | CUSIP: BJ8146422<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |      600000 | PA      | $465799.11    | 0.12%             | 2035-06-05      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NETHERLANDS GOVERNMENT                          | Netherlands Government International Bond                                   | CUSIP: EK0414632<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |      550000 | PA      | $630545.42    | 0.17%             | 2047-01-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                                         | CUSIP: 038461AM1<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      675000 | PA      | $474588.45    | 0.12%             | 2047-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                             | Intesa Sanpaolo S.p.A                                                       | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |      200000 | PA      | $159131.75    | 0.04%             | 2032-06-01      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP                        | New South Wales Treasury Corp                                               | CUSIP: AP6181865<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |     1685000 | PA      | $1134281.09   | 0.30%             | 2029-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                          | Verizon Communications, Inc                                                 | CUSIP: 92343VED2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      400000 | PA      | $389663.44    | 0.10%             | 2029-10-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services                 | EUR230428                                                                   | CUSIP: EUR230428<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |           1 | NC      | $120132.98    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bruegel                                         | Bruegel 2021 DAC                                                            | CUSIP: BCC30XSY7<br>LEI: 549300P1CR5XGGQ0OD33 | Long             | ABS-MBS          | CORP              | IE        |     1224851 | PA      | $1227280.91   | 0.32%             | 2031-05-22      | Variable      | 4.29%                 | Yes           |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                          | New Zealand Government International Bond                                   | CUSIP: BP9145262<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     1185000 | PA      | $642111.25    | 0.17%             | 2032-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AEROPUERTO INTL TOCUMEN                         | Aeropuerto Internacional de Tocumen S.A.                                    | CUSIP: 00787CAD4<br>LEI: 254900FO1PHX49ZIGB14 | Long             | DBT              | CORP              | PA        |      200000 | PA      | $166024.57    | 0.04%             | 2041-08-11      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| STATE OF ISRAEL                                 | Israel Government International Bond                                        | CUSIP: 46514BRA7<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |      765000 | PA      | $766099.11    | 0.20%             | 2033-01-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CPI PROPERTY GROUP SA                           | CPI Property Group S.A.                                                     | CUSIP: BT3966533<br>LEI: 222100CO2ZOTEPGJO223 | Long             | DBT              | CORP              | LU        |      300000 | PA      | $194101.55    | 0.05%             | 2030-01-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                           | GBP230428                                                                   | CUSIP: GBP230428<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |           1 | NC      | $1901.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                        | Celanese US Holdings LLC                                                    | CUSIP: BR1801132<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      400000 | PA      | $333654.86    | 0.09%             | 2028-09-10      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: BO9178522<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    12400000 | PA      | $1967200.11   | 0.52%             | 2051-04-12      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                         | Metropolitan Life Global Funding I                                          | CUSIP: BW6673931<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |      400000 | PA      | $419201.75    | 0.11%             | 2025-05-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                         | Hungary Government International Bond                                       | CUSIP: EK7980957<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |   504050000 | PA      | $1244790.01   | 0.33%             | 2024-06-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | MXN230228                                                                   | CUSIP: MXN230228<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-235.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                          | New Zealand Government International Bond                                   | CUSIP: JK5970583<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     1800000 | PA      | $1121028.03   | 0.29%             | 2025-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                    | Enbridge, Inc                                                               | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |      500000 | PA      | $473145.00    | 0.12%             | 2080-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                        | Asian Infrastructure Investment Bank                                        | CUSIP: BS7653915<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | N/A       |    41700000 | PA      | $474976.56    | 0.12%             | 2031-12-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                         | VZ Secured Financing BV                                                     | CUSIP: BT3367682<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |     1300000 | PA      | $1125943.73   | 0.30%             | 2032-01-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| SUEZ                                            | Suez SACA                                                                   | CUSIP: BW4875892<br>LEI: 5493007LKZ37MXEN5D79 | Long             | DBT              | CORP              | FR        |      600000 | PA      | $589023.53    | 0.15%             | 2030-05-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                              | Serbia Government International Bond                                        | CUSIP: BR4457197<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |      725000 | PA      | $480803.05    | 0.13%             | 2036-09-23      | Fixed         | 2.05%                 | Yes           |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND                        | Bundesrepublik Deutschland Bundesanleihe                                    | CUSIP: AF2056345<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |     1195000 | PA      | $1251752.71   | 0.33%             | 2025-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: BJ7876565<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     2760000 | PA      | $1603805.71   | 0.42%             | 2050-10-22      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Taurus CMBS                                     | Taurus UK DAC                                                               | CUSIP: BCC2QWFH4<br>LEI: 635400SG2ZVJCYHITE32 | Long             | ABS-MBS          | CORP              | IE        |      347448 | PA      | $403871.79    | 0.11%             | 2031-05-17      | Variable      | 4.55%                 | Yes           |                  2 | On Loan: No      |
| CZECH REPUBLIC                                  | Czech Republic Government Bond                                              | CUSIP: BO7153865<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |    43100000 | PA      | $1546960.69   | 0.41%             | 2032-06-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED BANK                         | THB230228                                                                   | CUSIP: THB230228<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $6791.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOI FINANCE BV                                  | BOI Finance BV                                                              | CUSIP: BU2015792<br>LEI: 724500ZH3H2YACBUNF38 | Long             | DBT              | CORP              | NL        |     1000000 | PA      | $918245.71    | 0.24%             | 2027-02-16      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| NATWEST GROUP PLC                               | Natwest Group plc                                                           | CUSIP: AR5040241<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |      750000 | PA      | $775199.60    | 0.20%             | 2026-03-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                             | Suzano Austria GmbH                                                         | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |      300000 | PA      | $238480.54    | 0.06%             | 2032-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ENDO LUXEMBOURG FINANCE                         | Endo Luxembourg Finance Co I Sarl                                           | CUSIP: L2968EAE2<br>LEI: 222100B15VY0VVCTG251 | Long             | LON              | CORP              | LU        |           0 | PA      | $0.36         | 0.00%             | 2028-03-27      | Variable      | 13.50%                | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                        | Thailand Government International Bond                                      | CUSIP: AV1262212<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |    27500000 | PA      | $866721.72    | 0.23%             | 2038-06-17      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                              | Mongolia Government International Bond                                      | CUSIP: 60937LAE5<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |      550000 | PA      | $450949.80    | 0.12%             | 2031-07-07      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| PROXIMUS SADP                                   | Proximus SADP                                                               | CUSIP: BS3563688<br>LEI: 549300CWRXC5EP004533 | Long             | DBT              | CORP              | BE        |      800000 | PA      | $609038.39    | 0.16%             | 2036-11-17      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HIGHLAND HOLDINGS SARL                          | Highland Holdings Sarl                                                      | CUSIP: BS2119425<br>LEI: 549300WGY8GPJM4PQR36 | Long             | DBT              | CORP              | LU        |      500000 | PA      | $481237.95    | 0.13%             | 2026-12-15      | Fixed         | 0.32%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | CNY230202                                                                   | CUSIP: CNY230202<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $64906.94     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ENTEL CHILE SA                                  | Empresa Nacional de Telecomunicaciones S.A.                                 | CUSIP: 29245VAE5<br>LEI: 529900N4SUIP0URJT330 | Long             | DBT              | CORP              | CL        |      325000 | PA      | $264875.00    | 0.07%             | 2032-09-14      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: ZO3452687<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    12700000 | PA      | $2043476.81   | 0.54%             | 2050-09-14      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                           | ILS230228                                                                   | CUSIP: ILS230228<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |           1 | NC      | $17026.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                         | International Bank for Reconstruction & Development                         | CUSIP: 459058HS5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | N/A       |     1600000 | PA      | $1152642.14   | 0.30%             | 2025-01-16      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                                  | Bancolombia S.A.                                                            | CUSIP: 05968LAM4<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |      350000 | PA      | $332034.50    | 0.09%             | 2025-01-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                             | Avantor Funding, Inc                                                        | CUSIP: BK4245605<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |      750000 | PA      | $753723.69    | 0.20%             | 2028-07-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                        | Italy Buoni Poliennali Del Tesoro                                           | CUSIP: BK4597278<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     2625000 | PA      | $2552161.42   | 0.67%             | 2027-09-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| KIA CORP                                        | Kia Corp                                                                    | CUSIP: 49374JAD5<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |      250000 | PA      | $226006.36    | 0.06%             | 2027-02-14      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                             | Ecuador Government International Bond (Step Bond)                           | CUSIP: ZO2094456<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |      441250 | PA      | $292867.65    | 0.08%             | 2030-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                        | CUSIP: AS2798773<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      500000 | PA      | $494494.67    | 0.13%             | 2028-04-25      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                          | Republic of Uzbekistan International Bond                                   | CUSIP: 91822Q2F3<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |  7600000000 | PA      | $639654.28    | 0.17%             | 2024-07-19      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                            | IHO Verwaltungs GmbH                                                        | CUSIP: QZ5113407<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |      750000 | PA      | $731641.29    | 0.19%             | 2026-09-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| AVOLON TLB BORROWER 1 US                        | Avolon TLB Borrower US LLC                                                  | CUSIP: 05400KAE0<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |      261086 | PA      | $261921.56    | 0.07%             | 2025-01-15      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                    | UBS Group AG                                                                | CUSIP: BM1389774<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      600000 | PA      | $549550.57    | 0.14%             | 2028-11-05      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services                 | AUD230428                                                                   | CUSIP: AUD230428<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |           1 | NC      | $87319.87     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                              | Raytheon Technologies Corp                                                  | CUSIP: 75513EAB7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |      500000 | PA      | $484716.29    | 0.13%             | 2030-05-18      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | Barclays plc                                                                | CUSIP: ZN2142182<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |      200000 | PA      | $265258.92    | 0.07%             | 2032-11-14      | Fixed         | 8.41%                 | No            |                  2 | On Loan: No      |
| LA POSTE SA                                     | La Poste S.A.                                                               | CUSIP: BN4539977<br>LEI: 9695000YG7TR7PAP0L59 | Long             | DBT              | CORP              | FR        |      300000 | PA      | $221102.78    | 0.06%             | 2036-01-18      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                             | Ecuador Government International Bond (Step Bond)                           | CUSIP: ZO2104214<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |      309125 | PA      | $149873.81    | 0.04%             | 2035-07-31      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| BECLE SA DE CV                                  | Becle SAB de C.V.                                                           | CUSIP: 07586PAA9<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |      375000 | PA      | $299926.76    | 0.08%             | 2031-10-14      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| NORWEGIAN GOVERNMENT                            | Norway Government Bond                                                      | CUSIP: BN9945377<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |      575000 | PA      | $50219.35     | 0.01%             | 2031-09-17      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: AZ6421871<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    18900000 | PA      | $3053901.27   | 0.80%             | 2049-07-22      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                               | Hellenic Republic Government International Bond                             | CUSIP: AX5202350<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |      575000 | PA      | $634344.33    | 0.17%             | 2029-03-12      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| RECKITT BENCKISER TSY NL                        | Reckitt Benckiser Treasury Services Nederland BV                            | CUSIP: BJ4447725<br>LEI: 54930007FVPKN1NNHV37 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $455742.73    | 0.12%             | 2030-05-19      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HSBC USA Inc                                    | HSBC USA, Inc                                                               | CUSIP: 40434RS11<br>LEI: 549300LBOHZ4QSIWU288 | Long             | STIV             | CORP              | US        |    15000000 | PA      | $14819625.00  | 3.89%             |  |  |  | Yes           |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: BJ8830264<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      290000 | PA      | $306975.67    | 0.08%             | 2028-01-31      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                           | Japan Government Thirty Year Bond                                           | CUSIP: BR9216051<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   278000000 | PA      | $1714944.96   | 0.45%             | 2051-09-20      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| PROLOGIS INTL FUND II                           | ProLogis International Funding II S.A.                                      | CUSIP: BY7751849<br>LEI: 213800JNRWW2C9DWI388 | Long             | DBT              | CORP              | LU        |      400000 | PA      | $418394.87    | 0.11%             | 2030-03-07      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                          | Blackstone Private Credit Fund                                              | CUSIP: BS1707956<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |      600000 | PA      | $542616.30    | 0.14%             | 2026-11-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FIN NV                          | Volkswagen International Finance NV                                         | CUSIP: AV6225693<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |      800000 | PA      | $919239.32    | 0.24%             | 2026-11-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                        | Adani Electricity Mumbai Ltd                                                | CUSIP: 00654GAB9<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |      300000 | PA      | $212341.90    | 0.06%             | 2031-07-22      | Fixed         | 3.87%                 | Yes           |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD                        | Israel Electric Corp Ltd                                                    | CUSIP: 465077AL9<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |      400000 | PA      | $383947.04    | 0.10%             | 2028-08-14      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Citibank N.A.                                   | KRW230202                                                                   | CUSIP: KRW230202<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-996115.26   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF CYPRUS                              | Cyprus Government International Bond                                        | CUSIP: ZS3023307<br>LEI: 213800IOEYYAHPDLUL60 | Long             | DBT              | NUSS              | CY        |      500000 | PA      | $435610.26    | 0.11%             | 2049-05-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CYPRUS                              | Cyprus Government International Bond                                        | CUSIP: BT4945783<br>LEI: 213800IOEYYAHPDLUL60 | Long             | DBT              | NUSS              | CY        |     1550000 | PA      | $1302737.66   | 0.34%             | 2032-01-20      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LTD                          | Eskom Holdings SOC Ltd                                                      | CUSIP: BQ6082631<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |     1250000 | PA      | $1127252.93   | 0.30%             | 2027-07-23      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                              | Dominican Republic Government International Bond                            | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      750000 | PA      | $638465.57    | 0.17%             | 2032-09-23      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF CAMEROON                            | Republic of Cameroon International Bond                                     | CUSIP: BQ3349835<br>LEI: 54930021BO6NHYGBBV24 | Long             | DBT              | NUSS              | CM        |      650000 | PA      | $537433.85    | 0.14%             | 2032-07-07      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| EGYPT GOVERNMENT BOND                           | Egypt Government International Bond                                         | CUSIP: AZ4234946<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    16250000 | PA      | $498579.51    | 0.13%             | 2024-07-02      | Fixed         | 15.90%                | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                        | Province of British Columbia Canada                                         | CUSIP: 11070TAL2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     1600000 | PA      | $1161660.97   | 0.30%             | 2027-06-18      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CLOVERIE PLC ZURICH INS                         | Cloverie plc for Zurich Insurance Co Ltd                                    | CUSIP: AV0889999<br>LEI: 5493002N598MXOKUEF55 | Long             | DBT              | CORP              | IE        |      750000 | PA      | $729333.07    | 0.19%             | 2028-12-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: BR7206518<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  1175000000 | PA      | $885858.86    | 0.23%             | 2031-12-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                        | Italy Buoni Poliennali Del Tesoro                                           | CUSIP: BN4718670<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      975000 | PA      | $896847.76    | 0.24%             | 2028-03-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                        | Celulosa Arauco y Constitucion S.A.                                         | CUSIP: 151191BB8<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |      300000 | PA      | $284250.00    | 0.07%             | 2027-11-02      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                               | Ghana Government International Bond                                         | CUSIP: 37443GAL5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      500000 | PA      | $185000.00    | 0.05%             | 2029-04-07      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | KRW230202                                                                   | CUSIP: KRW230202<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $28860.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                              | Ukraine Government International Bond                                       | CUSIP: ZP6261280<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      425000 | PA      | $85135.28     | 0.02%             | 2032-01-27      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP                                    | Comcast Corp                                                                | CUSIP: 20030NDB4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |      700000 | PA      | $665646.69    | 0.17%             | 2027-05-20      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| JAPAN (10 YEAR ISSUE)                           | Japan Government Ten Year Bond                                              | CUSIP: ZP3165708<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   325000000 | PA      | $2448318.29   | 0.64%             | 2029-12-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                              | Ukraine Government International Bond                                       | CUSIP: AZ1511809<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     1000000 | PA      | $201122.81    | 0.05%             | 2028-06-20      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: BN5660517<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      900000 | PA      | $620444.04    | 0.16%             | 2046-01-31      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                        | Olympus Water US Holding Corp                                               | CUSIP: BR5436398<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |      500000 | PA      | $465851.18    | 0.12%             | 2028-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                      | CUSIP: ZP6061227<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      800000 | PA      | $618608.82    | 0.16%             | 2032-01-28      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: BT8260684<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |   730000000 | PA      | $509321.55    | 0.13%             | 2052-03-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                 | Kingdom of Belgium Government Bond                                          | CUSIP: BT5908418<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |     3825000 | PA      | $3319061.21   | 0.87%             | 2032-06-22      | Fixed         | 0.35%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital Services                 | IDR230302                                                                   | CUSIP: IDR230302<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |           1 | NC      | $3491.80      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                | Vmed O2 UK Financing I plc                                                  | CUSIP: BQ1812974<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |      600000 | PA      | $590314.93    | 0.15%             | 2031-07-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - STACR                             | Freddie Mac STACR REMIC Trust                                               | CUSIP: 35564KHE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     3001047 | PA      | $2970477.21   | 0.78%             | 2034-01-25      | Variable      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                        | Uruguay Government International Bond                                       | CUSIP: 917288BM3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    40600000 | PA      | $942539.37    | 0.25%             | 2031-05-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SERBIA TREASURY BONDS                           | Serbia Treasury Bonds                                                       | CUSIP: BG1390940<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |   101500000 | PA      | $778519.96    | 0.20%             | 2032-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CYPRUS                              | Cyprus Government International Bond                                        | CUSIP: AU5565588<br>LEI: 213800IOEYYAHPDLUL60 | Long             | DBT              | NUSS              | CY        |     1300000 | PA      | $1329318.68   | 0.35%             | 2028-09-25      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Diamond Resorts Owner Trust                     | Diamond Resorts Owner Trust                                                 | CUSIP: 25273CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      599512 | PA      | $550379.85    | 0.14%             | 2033-11-21      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                              | Province of Quebec Canada                                                   | CUSIP: 74814ZFB4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     1000000 | PA      | $731471.95    | 0.19%             | 2027-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER                            | Thaioil Treasury Center Co Ltd                                              | CUSIP: 88322YAK7<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |      300000 | PA      | $244024.98    | 0.06%             | 2030-06-18      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (20 YEAR ISSUE)                           | Japan Government Twenty Year Bond                                           | CUSIP: AL7975124<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   278000000 | PA      | $2022991.40   | 0.53%             | 2036-12-20      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED BANK                         | RON230228                                                                   | CUSIP: RON230228<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $7072.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUINIX INC                                     | Equinix, Inc                                                                | CUSIP: BO2492045<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |      500000 | PA      | $415872.99    | 0.11%             | 2033-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                               | International Finance Corp                                                  | CUSIP: ZO8190688<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | N/A       |      700000 | PA      | $779004.79    | 0.20%             | 2025-12-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN MEDICAL SYST EU                        | American Medical Systems Europe BV                                          | CUSIP: BU9242704<br>LEI: 549300AA2JE6ZQ5D2493 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $466383.20    | 0.12%             | 2031-03-08      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                                         | CUSIP: 03846JX21<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      300000 | PA      | $224790.00    | 0.06%             | 2032-01-15      | Fixed         | 7.05%                 | Yes           |                  2 | On Loan: No      |
| UNICREDIT SPA                                   | UniCredit S.p.A                                                             | CUSIP: ZN2453316<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      300000 | PA      | $337688.02    | 0.09%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTL HLDINGS NE                        | Mondelez International Holdings Netherlands BV                              | CUSIP: BR2833373<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |      600000 | PA      | $434035.63    | 0.11%             | 2041-09-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                         | Hungary Government International Bond                                       | CUSIP: 445545AR7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |      285000 | PA      | $294746.18    | 0.08%             | 2028-05-22      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: —       |
| REPUBLIC OF PERU                                | Peruvian Government International Bond                                      | CUSIP: 715638CZ3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     6201000 | PA      | $1285208.46   | 0.34%             | 2034-08-12      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                           | Time Warner Cable LLC                                                       | CUSIP: 88732JAZ1<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |      600000 | PA      | $726680.47    | 0.19%             | 2031-06-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SC FNCE I                         | Thermo Fisher Scientific Finance I BV                                       | CUSIP: BR7759565<br>LEI: 549300SM0PJC1F3RPL91 | Long             | DBT              | CORP              | NL        |     1100000 | PA      | $979255.29    | 0.26%             | 2030-10-18      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                         | Hungary Government International Bond                                       | CUSIP: ZN3745520<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     1000000 | PA      | $1105901.85   | 0.29%             | 2027-02-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                | Organon Finance  LLC                                                        | CUSIP: 68622TAB7<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |     1250000 | PA      | $1128487.50   | 0.30%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ULTRATECH CEMENT LTD                            | UltraTech Cement Ltd                                                        | CUSIP: 90403YAA7<br>LEI: 335800PC9O9B4BQHG814 | Long             | DBT              | CORP              | IN        |      225000 | PA      | $184907.96    | 0.05%             | 2031-02-16      | Fixed         | 2.80%                 | Yes           |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | JPY230428                                                                   | CUSIP: JPY230428<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $62788.58     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ENGIE SA                                        | Engie S.A.                                                                  | CUSIP: BQ2184134<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |      500000 | PA      | $404419.92    | 0.11%             | N/A             | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                     | Walmart, Inc                                                                | CUSIP: 931142DM2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |      600000 | PA      | $641841.46    | 0.17%             | 2026-04-08      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                        | Italy Buoni Poliennali Del Tesoro                                           | CUSIP: BM0807123<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      950000 | PA      | $614699.04    | 0.16%             | 2051-09-01      | Fixed         | 1.70%                 | Yes           |                  3 | On Loan: No      |
| REPUBLIC OF GHANA                               | Ghana Government International Bond                                         | CUSIP: 374422AH6<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     1000000 | PA      | $357500.00    | 0.09%             | 2049-06-16      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                         | Philippine Government International Bond                                    | CUSIP: 718286BM8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    13000000 | PA      | $216845.46    | 0.06%             | 2036-01-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | CNY230202                                                                   | CUSIP: CNY230202<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-46619.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                          | Power Finance Corp Ltd                                                      | CUSIP: BN6685760<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |      250000 | PA      | $206819.94    | 0.05%             | 2031-05-16      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ALEN 2021-ACEN Mortgage Trust                   | Alen Mortgage Trust                                                         | CUSIP: 01449NAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2000000 | PA      | $1645332.00   | 0.43%             | 2034-04-15      | Variable      | 6.71%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                           | Japan Government Thirty Year Bond                                           | CUSIP: QZ4675638<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   457700000 | PA      | $2818939.58   | 0.74%             | 2046-09-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: ZQ0637715<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    49600000 | PA      | $7421450.55   | 1.95%             | 2024-10-17      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| ALFA DESARROLLO SPA                             | Alfa Desarrollo S.p.A                                                       | CUSIP: 01538TAA3<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |      398542 | PA      | $319610.64    | 0.08%             | 2051-09-27      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                            | Indonesia Treasury Bond                                                     | CUSIP: AU6526555<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 13000000000 | PA      | $890703.80    | 0.23%             | 2024-05-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                              | Morocco Government International Bond                                       | CUSIP: ZQ7314318<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     1100000 | PA      | $897840.01    | 0.24%             | 2031-11-27      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND                        | Bundesrepublik Deutschland                                                  | CUSIP: AO2235429<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |     3700000 | PA      | $3720975.26   | 0.98%             | 2027-08-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| FRANCE (GOVT OF)                                | French Republic Government Bond OAT                                         | CUSIP: EK7289029<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     2500000 | PA      | $2585911.65   | 0.68%             | 2025-05-25      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| NETHERLANDS GOVERNMENT                          | Netherlands Government International Bond                                   | CUSIP: ZO5449301<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |     2200000 | PA      | $1230942.47   | 0.32%             | 2052-01-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: AR6412506<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      900000 | PA      | $1019712.18   | 0.27%             | 2028-10-22      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | COP230302                                                                   | CUSIP: COP230302<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $23685.31     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT                             | Canadian Government International Bond                                      | CUSIP: 135087H98<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     1800000 | PA      | $1333668.03   | 0.35%             | 2023-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                 | Kingdom of Belgium Government Bond                                          | CUSIP: BG1378069<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |     5150000 | PA      | $3572190.44   | 0.94%             | 2040-06-22      | Fixed         | 0.40%                 | Yes           |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: BQ2520402<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     1380000 | PA      | $1595821.75   | 0.42%             | 2025-01-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                             | Bangkok Bank PCL                                                            | CUSIP: 059895AV4<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |      430000 | PA      | $367792.31    | 0.10%             | 2036-09-23      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (20 YEAR ISSUE)                           | Japan Government Twenty Year Bond                                           | CUSIP: AT5788530<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   256000000 | PA      | $1791647.52   | 0.47%             | 2038-06-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                     | Ivory Coast Government International Bond                                   | CUSIP: BM7280605<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      100000 | PA      | $85239.38     | 0.02%             | 2032-01-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| AUSTRALIAN GOVERNMENT                           | Australia Government Bond                                                   | CUSIP: BK4676346<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     2550000 | PA      | $1129857.10   | 0.30%             | 2051-06-21      | Fixed         | 1.75%                 | No            |                  3 | On Loan: No      |
| STANDARD CHARTERED PLC                          | Standard Chartered plc                                                      | CUSIP: BO6068908<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |      700000 | PA      | $658406.50    | 0.17%             | 2031-09-23      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| JAPAN (10 YEAR ISSUE)                           | Japan Government Ten Year Bond                                              | CUSIP: BK3409988<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   425000000 | PA      | $3181642.70   | 0.83%             | 2030-06-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: BW2033619<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  2700000000 | PA      | $2174796.98   | 0.57%             | 2024-06-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NCMF Trust                                      | NCMF Trust                                                                  | CUSIP: 628870AG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1000000 | PA      | $974871.80    | 0.26%             | 2039-03-15      | Variable      | 7.81%                 | Yes           |                  2 | On Loan: No      |
| PHOENIX NEWCO INC                               | Phoenix Newco, Inc                                                          | CUSIP: 71911KAC8<br>LEI: 254900PHGVI5379Z9791 | Long             | LON              | CORP              | US        |      246259 | PA      | $244608.23    | 0.06%             | 2028-11-15      | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                              | Serbia International Bond                                                   | CUSIP: 817477AH5<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |      375000 | PA      | $375487.40    | 0.10%             | 2033-09-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                           | GFL Environmental, Inc                                                      | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |      750000 | PA      | $723267.77    | 0.19%             | 2025-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| IRELAND GOVERNMENT BOND                         | Ireland Government Bond                                                     | CUSIP: ZM2350704<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |      280000 | PA      | $304195.73    | 0.08%             | 2043-10-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                              | Credit Agricole S.A.                                                        | CUSIP: ZM4792853<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |      600000 | PA      | $743098.77    | 0.19%             | 2029-10-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| STATE STR NAVIGATOR SECS L TR                   | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | STIV             | RF                | US        |      490455 | NS      | $490454.94    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MEX BONOS DESARR FIX RT                         | Mexican Bonos                                                               | CUSIP: EH6944449<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    34100000 | PA      | $1771088.50   | 0.46%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                               | Ghana Government International Bond                                         | CUSIP: 37443GAB7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      825000 | PA      | $303187.50    | 0.08%             | 2032-03-26      | Fixed         | 8.12%                 | Yes           |                  3 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: ZP4466964<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     1450000 | PA      | $1185420.11   | 0.31%             | 2041-10-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ISRAEL FIXED BOND                               | Israel Government International Bond                                        | CUSIP: AM6641311<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     3200000 | PA      | $955331.07    | 0.25%             | 2047-03-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN BANK GMBH                            | Volkswagen Bank GmbH                                                        | CUSIP: AW8992017<br>LEI: 529900GJD3OQLRZCKW37 | Long             | DBT              | CORP              | DE        |      600000 | PA      | $621642.42    | 0.16%             | 2026-07-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                        | CUSIP: BM0149872<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      500000 | PA      | $421312.06    | 0.11%             | 2031-10-26      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                        | Italy Buoni Poliennali Del Tesoro                                           | CUSIP: BN3326749<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     1150000 | PA      | $824568.49    | 0.22%             | 2037-03-01      | Fixed         | 0.95%                 | Yes           |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                | Organon Finance  LLC                                                        | CUSIP: 68622TAC5<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |      100000 | PA      | $94846.49     | 0.02%             | 2028-04-30      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                               | Kenya Government International Bond                                         | CUSIP: 491798AL8<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |      575000 | PA      | $442565.78    | 0.12%             | 2034-01-23      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                               | Kenya Government International Bond                                         | CUSIP: 491798AJ3<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     1200000 | PA      | $1081175.06   | 0.28%             | 2027-05-22      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                           | Province of Ontario Canada                                                  | CUSIP: 68333ZAP2<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     1300000 | PA      | $877401.07    | 0.23%             | 2031-06-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| APTIV PLC                                       | Aptiv plc                                                                   | CUSIP: EK7591838<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |      300000 | PA      | $312068.64    | 0.08%             | 2025-03-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                          | Protective Life Global Funding                                              | CUSIP: ZM2698375<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |      500000 | PA      | $630040.35    | 0.17%             | 2028-01-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JAPAN (20 YEAR ISSUE)                           | Japan Government Twenty Year Bond                                           | CUSIP: AV1227504<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   660000000 | PA      | $4740966.06   | 1.24%             | 2038-09-20      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| FRANCE (GOVT OF)                                | French Republic Government Bond OAT                                         | CUSIP: ZP7360719<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      910000 | PA      | $562816.63    | 0.15%             | 2052-05-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                    | ING Groep NV                                                                | CUSIP: BU3958644<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $499941.29    | 0.13%             | 2027-02-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                           | Japan Government Thirty Year Bond                                           | CUSIP: ZO8080129<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    73000000 | PA      | $439502.85    | 0.12%             | 2050-09-20      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                          | AngloGold Ashanti Holdings plc                                              | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |      450000 | PA      | $399226.42    | 0.10%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                        | Spain Government International Bond                                         | CUSIP: AZ1293424<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     1875000 | PA      | $1747549.92   | 0.46%             | 2029-10-31      | Fixed         | 0.60%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                          | American Honda Finance Corp                                                 | CUSIP: 026657AR7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |      575000 | PA      | $610574.80    | 0.16%             | 2024-10-18      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| BENIN INTL GOV BOND                             | Benin Government International Bond                                         | CUSIP: BQ5680468<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     1275000 | PA      | $1012032.16   | 0.27%             | 2035-01-22      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| JAPAN FIN ORG MUNICIPAL                         | Japan Finance Organization for Municipalities                               | CUSIP: UV3907192<br>LEI: 5493007YYYNZ4NMEOD64 | Long             | DBT              | NUSS              | JP        |    13000000 | PA      | $100756.99    | 0.03%             | 2025-08-15      | Fixed         | 0.44%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                               | TSMC Arizona Corp                                                           | CUSIP: 872898AG6<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |      300000 | PA      | $295031.36    | 0.08%             | 2029-04-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                             | Dow Chemical Co                                                             | CUSIP: 260543CZ4<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |      800000 | PA      | $760354.63    | 0.20%             | 2027-03-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                         | Temasek Financial I Ltd                                                     | CUSIP: ZQ5981167<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |      200000 | PA      | $167015.13    | 0.04%             | 2031-11-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                          | BP Capital Markets plc                                                      | CUSIP: ZS4387933<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |     1000000 | PA      | $894107.95    | 0.23%             | 2031-05-08      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| JAPAN FIN ORG MUNICIPAL                         | Japan Finance Organization for Municipalities                               | CUSIP: JV4448934<br>LEI: 5493007YYYNZ4NMEOD64 | Long             | DBT              | NUSS              | JP        |    21000000 | PA      | $162392.60    | 0.04%             | 2026-01-19      | Fixed         | 0.32%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                         | Becton Dickinson & Co                                                       | CUSIP: 075887CH0<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |      700000 | PA      | $757650.71    | 0.20%             | 2023-05-24      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| DANA FINANCING LUX SARL                         | Dana Financing Luxembourg Sarl                                              | CUSIP: BP4849710<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |      500000 | PA      | $440728.70    | 0.12%             | 2029-07-15      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: BO9153574<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  7440000000 | PA      | $5468887.48   | 1.43%             | 2031-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                        | Perusahaan Listrik Negara PT                                                | CUSIP: 71568PAK5<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |      225000 | PA      | $183820.16    | 0.05%             | 2049-07-17      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Citibank N.A.                                   | CNY230202                                                                   | CUSIP: CNY230202<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $78908.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                          | Banque Federative du Credit Mutuel S.A.                                     | CUSIP: ZN4370518<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |      300000 | PA      | $371843.09    | 0.10%             | 2025-09-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                        | Italy Buoni Poliennali Del Tesoro                                           | CUSIP: QZ0167556<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     2575000 | PA      | $2587250.23   | 0.68%             | 2026-12-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: BX8915171<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     6750000 | PA      | $988589.09    | 0.26%             | 2027-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ERSTE GROUP BANK AG                             | Erste Group Bank AG.                                                        | CUSIP: BM5824776<br>LEI: PQOH26KWDF7CG10L6792 | Long             | DBT              | CORP              | AT        |      600000 | PA      | $549424.03    | 0.14%             | N/A             | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | PEN230302                                                                   | CUSIP: PEN230302<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-2987.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOODYEAR EUROPE BV                              | Goodyear Europe BV                                                          | CUSIP: BR5232441<br>LEI: 529900AJU331P2QORU39 | Long             | DBT              | CORP              | NL        |      295000 | PA      | $258498.97    | 0.07%             | 2028-08-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| GENM CAPITAL LABUAN                             | Genm Capital Labuan Ltd                                                     | CUSIP: 37231BAA6<br>LEI: 254900DWSHIWTSE0YG58 | Long             | DBT              | CORP              | MY        |      400000 | PA      | $324613.76    | 0.09%             | 2031-04-19      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                        | Liberty Mutual Group, Inc                                                   | CUSIP: JK7702612<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |      650000 | PA      | $679135.06    | 0.18%             | 2026-05-04      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                             | Nova Chemicals Corp                                                         | CUSIP: 66977WAQ2<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |      500000 | PA      | $492500.00    | 0.13%             | 2024-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                               | Hellenic Republic Government International Bond                             | CUSIP: BT5984799<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |     1100000 | PA      | $975287.90    | 0.26%             | 2032-06-18      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Atom Mortgage Securities                        | Atom Mortgage Securities DAC                                                | CUSIP: BCC31RXV9<br>LEI: 635400S9JQ1OOL8ZRR06 | Long             | ABS-MBS          | CORP              | IE        |     1035732 | PA      | $1158819.07   | 0.30%             | 2031-07-22      | Variable      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                        | Discovery Communications LLC                                                | CUSIP: 25470DAU3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |      200000 | PA      | $237185.31    | 0.06%             | 2024-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: ZR8283619<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  1200000000 | PA      | $858026.65    | 0.22%             | 2029-12-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| KOREA EAST-WEST POWER CO                        | Korea East-West Power Co Ltd                                                | CUSIP: 5006EPAL5<br>LEI: 549300VDRGYGX9NBTB52 | Long             | DBT              | CORP              | KR        |      200000 | PA      | $194048.24    | 0.05%             | 2025-05-06      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| NORWEGIAN GOVERNMENT                            | Norway Government International Bond                                        | CUSIP: AS2564498<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |    34375000 | PA      | $3297397.15   | 0.86%             | 2028-04-26      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                        | Sociedad Quimica y Minera de Chile S.A.                                     | CUSIP: 833636AL7<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |      300000 | PA      | $219148.17    | 0.06%             | 2051-09-10      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ABBVIE INC                                      | AbbVie, Inc                                                                 | CUSIP: 00287YDN6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     1200000 | PA      | $1268700.66   | 0.33%             | 2024-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                              | Morocco Government International Bond                                       | CUSIP: ZO6408264<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |      850000 | PA      | $850902.86    | 0.22%             | 2026-03-30      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                          | New Zealand Government International Bond                                   | CUSIP: EK3508679<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     1000000 | PA      | $655436.55    | 0.17%             | 2027-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT                             | Canadian Government International Bond                                      | CUSIP: 135087N59<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | CORP              | CA        |     2275000 | PA      | $1582369.32   | 0.41%             | 2032-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                            | Bank of America Corp                                                        | CUSIP: BW0135945<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      500000 | PA      | $488288.13    | 0.13%             | 2033-04-27      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                     | Corp Nacional del Cobre de Chile                                            | CUSIP: 21987BAW8<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |      200000 | PA      | $190299.72    | 0.05%             | 2027-08-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| ORIX CORP                                       | ORIX Corp                                                                   | CUSIP: BV8706426<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |      500000 | PA      | $513371.01    | 0.13%             | 2026-04-20      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| BANQUE OUEST AFRICAINE D                        | Banque Ouest Africaine de Developpement                                     | CUSIP: 06675QAC7<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | N/A       |     1250000 | PA      | $1104219.10   | 0.29%             | 2031-10-22      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| FRANCE (GOVT OF)                                | French Republic Government Bond OAT                                         | CUSIP: BJ7361725<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     1250000 | PA      | $900146.06    | 0.24%             | 2040-05-25      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| SERBIA TREASURY BONDS                           | Serbia Treasury Bonds                                                       | CUSIP: AR1346840<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |   120000000 | PA      | $1087255.19   | 0.29%             | 2028-02-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                    | Barclays plc                                                                | CUSIP: BT3324469<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |      800000 | PA      | $760504.26    | 0.20%             | 2028-01-28      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| AVOLON TLB BORROWER 1 US                        | Avolon TLB Borrower US LLC                                                  | CUSIP: 05400KAF7<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |      340375 | PA      | $339462.80    | 0.09%             | 2027-02-12      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| ENN ENERGY HOLDINGS LTD                         | ENN Energy Holdings Ltd                                                     | CUSIP: 26876FAC6<br>LEI: 549300V7BXPWT6WIPR03 | Long             | DBT              | CORP              | KY        |      300000 | PA      | $251648.54    | 0.07%             | 2030-09-17      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                        | Spain Government International Bond                                         | CUSIP: AT2820591<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     1095000 | PA      | $1100052.69   | 0.29%             | 2028-07-30      | Fixed         | 1.40%                 | Yes           |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: ZQ8043700<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    60500000 | PA      | $9118154.27   | 2.39%             | 2026-12-05      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                                         | CUSIP: 03846JW71<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      525000 | PA      | $433209.00    | 0.11%             | 2029-03-01      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| CA MAGNUM HOLDINGS                              | CA Magnum Holdings                                                          | CUSIP: 12674CAA1<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |      200000 | PA      | $186000.00    | 0.05%             | 2026-10-31      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| Citibank N.A.                                   | GBP230428                                                                   | CUSIP: GBP230428<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $109505.34    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: BG6396942<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    15000000 | PA      | $2244899.50   | 0.59%             | 2050-03-16      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                        | Albion Financing 1 SARL                                                     | CUSIP: BR9345488<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     1000000 | PA      | $973385.83    | 0.26%             | 2026-10-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ENN CLEAN ENERGY                                | ENN Clean Energy International Investment Ltd                               | CUSIP: 268733AA0<br>LEI: 3003009YZ3S5V395NR77 | Long             | DBT              | CORP              | VG        |      300000 | PA      | $273237.88    | 0.07%             | 2026-05-12      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                           | China Government Bond                                                       | CUSIP: BM1605906<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    83560000 | PA      | $12440349.16  | 3.26%             | 2023-11-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | CNY230202                                                                   | CUSIP: CNY230202<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $27003.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                   | McKesson Corp                                                               | CUSIP: 581557BH7<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |      600000 | PA      | $670794.71    | 0.18%             | 2029-02-17      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                          | Ardagh Metal Packaging Finance USA LLC                                      | CUSIP: BO2884118<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |      250000 | PA      | $226348.54    | 0.06%             | 2028-09-01      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| VONOVIA SE                                      | Vonovia SE                                                                  | CUSIP: BP9476923<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | DBT              | CORP              | DE        |      400000 | PA      | $337772.43    | 0.09%             | 2029-12-14      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| KFW                                             | Kreditanstalt fuer Wiederaufbau                                             | CUSIP: BN5949316<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    11000000 | PA      | $512131.91    | 0.13%             | 2025-07-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN GOVERNMENT                           | Australia Government Bond                                                   | CUSIP: LW0207677<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     3765000 | PA      | $2523883.33   | 0.66%             | 2028-05-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                    | Ecopetrol S.A.                                                              | CUSIP: 279158AN9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |       75000 | PA      | $70292.25     | 0.02%             | 2030-04-29      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                        | Electricite de France S.A.                                                  | CUSIP: AU6699071<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |      600000 | PA      | $561260.31    | 0.15%             | 2030-10-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                         | Allied Universal Holdco LLC                                                 | CUSIP: BP3255380<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |      250000 | PA      | $225853.22    | 0.06%             | 2028-06-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Taurus CMBS                                     | Taurus UK DAC                                                               | CUSIP: BCC2QWFI2<br>LEI: 635400SG2ZVJCYHITE32 | Long             | ABS-MBS          | CORP              | IE        |     1035395 | PA      | $1182638.00   | 0.31%             | 2031-05-17      | Variable      | 4.90%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                        | Capital One Financial Corp                                                  | CUSIP: 14040HCB9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |      700000 | PA      | $727808.64    | 0.19%             | 2024-06-12      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                          | Chubb INA Holdings, Inc                                                     | CUSIP: AZ1508110<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |      350000 | PA      | $313555.34    | 0.08%             | 2031-06-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR FINANCE BV                         | Toyota Motor Finance Netherlands BV                                         | CUSIP: ZN6807335<br>LEI: 724500OPA8GZSQUNSR96 | Long             | DBT              | CORP              | NL        |      175000 | PA      | $217994.79    | 0.06%             | 2026-06-08      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                          | General Motors Financial Co, Inc                                            | CUSIP: BO1991161<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |      750000 | PA      | $701646.20    | 0.18%             | 2027-05-20      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND                        | Bundesrepublik Deutschland                                                  | CUSIP: AZ4612356<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |      500000 | PA      | $469733.45    | 0.12%             | 2029-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                         | European Bank for Reconstruction & Development                              | CUSIP: BG3727990<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | N/A       |      112692 | PA      | $93555.29     | 0.02%             | 2023-02-28      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                      | CUSIP: 77586RAK6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      660000 | PA      | $597442.73    | 0.16%             | 2027-02-27      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                        | Republic of South Africa Government International Bond                      | CUSIP: EK7732887<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    20900000 | PA      | $1039146.10   | 0.27%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                              | Banco Santander S.A.                                                        | CUSIP: AX1003505<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |      800000 | PA      | $794000.00    | 0.21%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JAPAN (20 YEAR ISSUE)                           | Japan Government Twenty Year Bond                                           | CUSIP: EF3295013<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   340000000 | PA      | $2781521.65   | 0.73%             | 2026-03-20      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| JAPAN FIN ORG MUNICIPAL                         | Japan Finance Organization for Municipalities                               | CUSIP: JK9352085<br>LEI: 5493007YYYNZ4NMEOD64 | Long             | DBT              | NUSS              | JP        |    14000000 | PA      | $107209.04    | 0.03%             | 2026-05-22      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| NE PROPERTY BV                                  | NE Property BV                                                              | CUSIP: BT5130062<br>LEI: 7245006AG9J70KOIJH36 | Long             | DBT              | CORP              | NL        |      250000 | PA      | $191291.71    | 0.05%             | 2030-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                | Societe Generale S.A.                                                       | CUSIP: ZN2757146<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |      400000 | PA      | $442000.81    | 0.12%             | 2027-11-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FRANCE (GOVT OF)                                | French Republic Government Bond OAT                                         | CUSIP: BQ3977775<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     1560000 | PA      | $946416.32    | 0.25%             | 2053-05-25      | Fixed         | 0.75%                 | Yes           |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                        | Thailand Government International Bond                                      | CUSIP: AZ8868848<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |    30000000 | PA      | $902704.53    | 0.24%             | 2024-12-17      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                               | Hellenic Republic Government International Bond                             | CUSIP: BJ9482271<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |     2300000 | PA      | $2099309.95   | 0.55%             | 2030-06-18      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                        | Republic of South Africa Government International Bond                      | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      475000 | PA      | $440775.37    | 0.12%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                           | Thames Water Utilities Finance plc                                          | CUSIP: ZM3534272<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |      500000 | PA      | $542575.86    | 0.14%             | 2031-01-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KAZTRANSGAS JSC                                 | KazTransGas JSC                                                             | CUSIP: 48668NAA9<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |      200000 | PA      | $183090.45    | 0.05%             | 2027-09-26      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                          | Orbia Advance Corp SAB de C.V.                                              | CUSIP: 68560EAA6<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |      375000 | PA      | $331988.71    | 0.09%             | 2026-05-11      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| BANQUE OUEST AFRICAINE D                        | Banque Ouest Africaine de Developpement                                     | CUSIP: BN5341076<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | N/A       |      650000 | PA      | $542901.76    | 0.14%             | 2033-01-22      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                | Deutsche Bank AG.                                                           | CUSIP: 25160PAG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |      900000 | PA      | $711004.01    | 0.19%             | 2033-01-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| OSLO KOMMUNE                                    | City of Oslo Norway                                                         | CUSIP: ZQ2600844<br>LEI: 5967007LIEEXZXGVU850 | Long             | DBT              | NUSS              | NO        |     9000000 | PA      | $877450.84    | 0.23%             | 2024-10-31      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                          | Mitsubishi UFJ Financial Group, Inc                                         | CUSIP: BX0674867<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |      550000 | PA      | $584638.24    | 0.15%             | 2025-06-14      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| Last Mile Securities                            | Last Mile Securities PE 2021 DAC                                            | CUSIP: BCC2R5UF9<br>LEI: 635400UJZKP57EXKMQ33 | Long             | ABS-MBS          | CORP              | IE        |     1079778 | PA      | $1047690.86   | 0.27%             | 2031-08-17      | Variable      | 4.14%                 | Yes           |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                               | Iliad Holding SAS                                                           | CUSIP: BR8159765<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |      500000 | PA      | $517608.01    | 0.14%             | 2026-10-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                        | Liberty Mutual Group, Inc                                                   | CUSIP: ZN5738408<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |      800000 | PA      | $864069.80    | 0.23%             | 2030-12-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                         | El Salvador Government International Bond                                   | CUSIP: 283875AS1<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     1000000 | PA      | $547857.65    | 0.14%             | 2027-01-18      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ELP 2021-ELP                                    | ELP Commercial Mortgage Trust                                               | CUSIP: 26863LAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1433298.00   | 0.38%             | 2038-11-15      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | HUF230228                                                                   | CUSIP: HUF230228<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $12282.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MUNICH RE                                       | Muenchener Rueckversicherungs-Gesellschaft AG. in Muenchen                  | CUSIP: BR1732717<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |      500000 | PA      | $397038.17    | 0.10%             | 2042-05-26      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UNEDIC                                          | UNEDIC ASSEO                                                                | CUSIP: BK4515106<br>LEI: 969500V3L9W19NIA5E82 | Long             | DBT              | NUSS              | FR        |     2500000 | PA      | $1908700.90   | 0.50%             | 2035-07-16      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                         | Romanian Government International Bond                                      | CUSIP: BO9736303<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      850000 | PA      | $630232.54    | 0.17%             | 2033-04-14      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MONEY UK PLC                             | Virgin Money UK plc                                                         | CUSIP: AS2435533<br>LEI: 213800ZK9VGCYYR6O495 | Long             | DBT              | CORP              | GB        |      700000 | PA      | $818579.62    | 0.21%             | 2026-04-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT                             | Canadian Government International Bond                                      | CUSIP: 135087XW9<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     1300000 | PA      | $1198593.06   | 0.31%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTC AURORA LUXEM                                | GTC Aurora Luxembourg S.A.                                                  | CUSIP: BQ1077859<br>LEI: 549300UAWIR6P1PVC062 | Long             | DBT              | CORP              | LU        |      150000 | PA      | $122157.20    | 0.03%             | 2026-06-23      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NBK SPC LTD                                     | NBK SPC Ltd                                                                 | CUSIP: 62877PAB0<br>LEI: 549300P1ANDK86KWB419 | Long             | DBT              | CORP              | AE        |      375000 | PA      | $334687.50    | 0.09%             | 2027-09-15      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| Oportun Funding LLC                             | Oportun Issuance Trust                                                      | CUSIP: 68377GAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $449345.40    | 0.12%             | 2031-05-08      | Fixed         | 1.96%                 | Yes           |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                          | New Zealand Government International Bond                                   | CUSIP: BK0089494<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     3720000 | PA      | $2276719.48   | 0.60%             | 2024-05-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| HYDRO-QUEBEC                                    | Hydro-Quebec                                                                | CUSIP: 4488148V8<br>LEI: 6THEVG93PYJH84S4D167 | Long             | DBT              | NUSS              | CA        |     1350000 | PA      | $1025210.63   | 0.27%             | 2055-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                        | Brazil Notas do Tesouro Nacional Serie F                                    | CUSIP: JV5341526<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     5500000 | PA      | $993666.45    | 0.26%             | 2027-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                             | American Tower Corp                                                         | CUSIP: 03027XAN0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      300000 | PA      | $309133.54    | 0.08%             | 2025-04-04      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                      | FedEx Corp                                                                  | CUSIP: 31428XBL9<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |      500000 | PA      | $507186.49    | 0.13%             | 2027-01-11      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CYPRUS                              | Cyprus Government International Bond                                        | CUSIP: AW9847533<br>LEI: 213800IOEYYAHPDLUL60 | Long             | DBT              | NUSS              | CY        |      575000 | PA      | $557636.60    | 0.15%             | 2034-02-26      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                  | Carvana Auto Receivables Trust                                              | CUSIP: 14686KAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1496629 | PA      | $1424559.64   | 0.37%             | 2028-03-10      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                 | DAE Funding LLC                                                             | CUSIP: 23371DAG9<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |      200000 | PA      | $181128.60    | 0.05%             | 2028-03-20      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA GOVERNMENT BOND                         | Romanian Government International Bond                                      | CUSIP: BJ2220298<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     8150000 | PA      | $1761754.66   | 0.46%             | 2023-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | PEN230202                                                                   | CUSIP: PEN230202<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $2772.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BHARTI AIRTEL LTD                               | Bharti Airtel Ltd                                                           | CUSIP: 08860HAC8<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |      200000 | PA      | $172213.24    | 0.05%             | 2031-06-03      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                        | Cooperatieve Rabobank UA                                                    | CUSIP: ZR4207349<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |      600000 | PA      | $572058.50    | 0.15%             | N/A             | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SIGMA ALIMENTOS SA                              | Sigma Alimentos S.A. de C.V.                                                | CUSIP: 82655AAC7<br>LEI: 549300FW3RGHPHT21D10 | Long             | DBT              | CORP              | MX        |      500000 | PA      | $484996.14    | 0.13%             | 2026-05-02      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| JAZZ FINANCING LUX SARL                         | Jazz Financing Lux Sarl                                                     | CUSIP: N/A<br>LEI: 635400WUEO2NSG5OIU34       | Long             | LON              | CORP              | LU        |      217554 | PA      | $217587.30    | 0.06%             | 2028-05-05      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                        | AT&T, Inc                                                                   | CUSIP: 00206RHH8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      500000 | PA      | $498955.25    | 0.13%             | 2029-09-05      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SENEGAL                             | Senegal Government International Bond                                       | CUSIP: AR4942801<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     1000000 | PA      | $960643.28    | 0.25%             | 2028-03-13      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND                        | Bundesrepublik Deutschland                                                  | CUSIP: AP1154040<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |      310000 | PA      | $275081.71    | 0.07%             | 2048-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                          | Pertamina Persero PT                                                        | CUSIP: 69370PAD3<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |      200000 | PA      | $184678.83    | 0.05%             | 2029-07-30      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| POLSKI KONCERN NAFTOWY                          | Polski Koncern Naftowy ORLEN S.A.                                           | CUSIP: BP5482412<br>LEI: 259400VVMM70CQREJT74 | Long             | DBT              | CORP              | PL        |      250000 | PA      | $224135.62    | 0.06%             | 2028-05-27      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT                             | Canadian Government International Bond                                      | CUSIP: 135087H23<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     2625000 | PA      | $1884760.06   | 0.49%             | 2028-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                              | Angolan Government International Bond                                       | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     1550000 | PA      | $1431649.58   | 0.38%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                         | Fidelity National Information Services, Inc                                 | CUSIP: 31620MAW6<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |      375000 | PA      | $394108.33    | 0.10%             | 2024-07-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| JAPAN (2 YEAR ISSUE)                            | Japan Government Two Year Bond                                              | CUSIP: BX4831042<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   266000000 | PA      | $2044581.06   | 0.54%             | 2024-07-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| ISRAEL FIXED BOND                               | Israel Government International Bond                                        | CUSIP: EI9396645<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     5250000 | PA      | $1935258.16   | 0.51%             | 2042-01-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                              | Dominican Republic Government International Bond                            | CUSIP: 25714PEA2<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    15000000 | PA      | $250440.53    | 0.07%             | 2026-06-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                        | United Overseas Bank Ltd                                                    | CUSIP: 91127KAE2<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |      500000 | PA      | $443359.47    | 0.12%             | 2031-10-14      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                             | Ecuador Government International Bond                                       | CUSIP: ZO2104248<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |       78000 | PA      | $33133.63     | 0.01%             | 2030-07-31      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Citibank N.A.                                   | PEN230202                                                                   | CUSIP: PEN230202<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-27721.04    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                        | Spain Government International Bond                                         | CUSIP: BN5127343<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     1250000 | PA      | $1066627.96   | 0.28%             | 2031-04-30      | Fixed         | 0.10%                 | Yes           |                  2 | On Loan: No      |
| BANCO SANTANDER SA                              | Banco Santander S.A.                                                        | CUSIP: ZM3217621<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |      700000 | PA      | $751277.95    | 0.20%             | 2025-01-16      | Variable      | 2.84%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                           | Takeda Pharmaceutical Co Ltd                                                | CUSIP: BK2909236<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |      500000 | PA      | $402161.23    | 0.11%             | 2040-07-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                        | Uruguay Government International Bond                                       | CUSIP: 760942BC5<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    21800000 | PA      | $522168.48    | 0.14%             | 2028-03-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Taurus CMBS                                     | Taurus UK DAC                                                               | CUSIP: BCC2QWFJ0<br>LEI: 635400SG2ZVJCYHITE32 | Long             | ABS-MBS          | CORP              | IE        |      297813 | PA      | $338708.92    | 0.09%             | 2031-05-17      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND                        | Bundesrepublik Deutschland                                                  | CUSIP: BV9824384<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |     4500000 | PA      | $4054122.05   | 1.06%             | 2038-05-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                         | The Procter & Gamble Company                                                | CUSIP: AV2317205<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |      500000 | PA      | $460548.58    | 0.12%             | 2038-10-30      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Purchasing Power Funding                        | Purchasing Power Funding LLC                                                | CUSIP: 74615JAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1250000 | PA      | $1190077.63   | 0.31%             | 2025-10-15      | Fixed         | 4.37%                 | Yes           |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | KRW230302                                                                   | CUSIP: KRW230302<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-21170.21    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                        | Spain Government International Bond                                         | CUSIP: BJ9478998<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     2650000 | PA      | $1978522.56   | 0.52%             | 2040-10-31      | Fixed         | 1.20%                 | Yes           |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: BM3107737<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      450000 | PA      | $430202.05    | 0.11%             | 2031-07-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                            | Bank Leumi Le-Israel BM                                                     | CUSIP: 06326BAA7<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |      300000 | PA      | $272802.00    | 0.07%             | 2031-01-29      | Fixed         | 3.27%                 | Yes           |                  2 | On Loan: No      |
| TITULOS DE TESORERIA                            | Colombian TES                                                               | CUSIP: EK6999263<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |  5710000000 | PA      | $961446.97    | 0.25%             | 2030-09-18      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                           | Takeda Pharmaceutical Co Ltd                                                | CUSIP: BK2909228<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |      500000 | PA      | $440671.50    | 0.12%             | 2032-07-09      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                         | BPCE S.A.                                                                   | CUSIP: ZO4152757<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |      800000 | PA      | $762605.51    | 0.20%             | 2027-09-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                        | Team Health Holdings, Inc                                                   | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |      127839 | PA      | $106586.07    | 0.03%             | 2027-03-02      | Variable      | 9.81%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: AL0832686<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     3350000 | PA      | $3240921.78   | 0.85%             | 2037-09-07      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                | Societe Generale S.A.                                                       | CUSIP: BN3325683<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |      500000 | PA      | $448014.65    | 0.12%             | 2029-06-12      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MBANK SA                                        | mBank S.A.                                                                  | CUSIP: BR3963468<br>LEI: 259400DZXF7UJKK2AY35 | Long             | DBT              | CORP              | PL        |      300000 | PA      | $255397.61    | 0.07%             | 2027-09-21      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                        | Liberty Mutual Group, Inc                                                   | CUSIP: JK9336864<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |      450000 | PA      | $470170.43    | 0.12%             | 2026-05-04      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| PROLOGIS INTL FUND II                           | ProLogis International Funding II S.A.                                      | CUSIP: AV3878585<br>LEI: 213800JNRWW2C9DWI388 | Long             | DBT              | CORP              | LU        |      500000 | PA      | $472064.59    | 0.12%             | 2030-11-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN GOVERNMENT                           | Australia Government Bond                                                   | CUSIP: BK4676338<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     3650000 | PA      | $2377055.35   | 0.62%             | 2025-11-21      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                        | Thailand Government International Bond                                      | CUSIP: ZO8401234<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |    29000000 | PA      | $742167.83    | 0.19%             | 2042-06-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                        | Lloyds Banking Group plc                                                    | CUSIP: BP9627632<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |      750000 | PA      | $804495.34    | 0.21%             | 2031-12-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                        | Thailand Government International Bond                                      | CUSIP: AT4545436<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |    27700000 | PA      | $871238.66    | 0.23%             | 2028-12-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                           | Japan Government Thirty Year Bond                                           | CUSIP: BX7150259<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   270000000 | PA      | $1940279.74   | 0.51%             | 2052-06-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | ZAR230228                                                                   | CUSIP: ZAR230228<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $7775.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                        | South Africa Government International Bond                                  | CUSIP: EJ7498649<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     7800000 | PA      | $353605.78    | 0.09%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                          | Egypt Government International Bond                                         | CUSIP: 03846JX47<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      850000 | PA      | $800059.49    | 0.21%             | 2024-05-29      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| EDP FINANCE BV                                  | EDP Finance BV                                                              | CUSIP: EH6075764<br>LEI: 5299007L43AQDFOW5739 | Long             | DBT              | CORP              | NL        |      200000 | PA      | $255456.09    | 0.07%             | 2024-01-04      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL EMEA FIN SARL                         | Whirlpool EMEA Finance Sarl                                                 | CUSIP: 96332XAA2<br>LEI: 549300KCJ74PW78SNI52 | Long             | DBT              | CORP              | LU        |      500000 | PA      | $460970.00    | 0.12%             | 2028-02-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT                             | United Kingdom Gilt                                                         | CUSIP: BR1814184<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | CORP              | GB        |      650000 | PA      | $680491.87    | 0.18%             | 2029-01-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                 | Kingdom of Belgium Government Bond                                          | CUSIP: BH4726262<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |     2125000 | PA      | $2044727.79   | 0.54%             | 2027-10-22      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| SWEIHAN PV POWER CO PJSC                        | Sweihan PV Power Co PJSC                                                    | CUSIP: 870674AA6<br>LEI: 353800EF1E1IC18GBC48 | Long             | DBT              | CORP              | AE        |      292074 | PA      | $243992.13    | 0.06%             | 2049-01-31      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| CANADA HOUSING TRUST                            | Canada Housing Trust No                                                     | CUSIP: 13509PHX4<br>LEI: 549300M44WH89JG50067 | Long             | DBT              | NUSS              | CA        |     3050000 | PA      | $2106472.51   | 0.55%             | 2026-12-15      | Fixed         | 1.10%                 | Yes           |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                            | Indonesia Treasury Bond                                                     | CUSIP: BQ3772713<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 17000000000 | PA      | $1108957.55   | 0.29%             | 2032-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                          | Chubb INA Holdings, Inc                                                     | CUSIP: 171239AA4<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |      750000 | PA      | $735416.68    | 0.19%             | 2028-03-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                          | Export-Import Bank of India                                                 | CUSIP: 30216JAF2<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |      250000 | PA      | $202492.59    | 0.05%             | 2031-01-13      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                         | The Procter & Gamble Company                                                | CUSIP: AV2317155<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |      700000 | PA      | $729449.59    | 0.19%             | 2024-10-30      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                            | Paraguay Government International Bond                                      | CUSIP: 699149AH3<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      925000 | PA      | $824300.95    | 0.22%             | 2050-03-30      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                               | Hellenic Republic Government International Bond                             | CUSIP: BN7651852<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |     1300000 | PA      | $1079774.94   | 0.28%             | 2031-06-18      | Fixed         | 0.75%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital Services                 | NZD230428                                                                   | CUSIP: NZD230428<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              | CORP              | US        |           1 | NC      | $18384.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN (20 YEAR ISSUE)                           | Japan Government Twenty Year Bond                                           | CUSIP: AZ6944724<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   185000000 | PA      | $1230681.80   | 0.32%             | 2039-06-20      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                    | Stryker Corp                                                                | CUSIP: AV5130316<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |      450000 | PA      | $457341.28    | 0.12%             | 2030-11-30      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN GOVERNMENT                           | Australia Government Bond                                                   | CUSIP: BJ3916126<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     1950000 | PA      | $1142089.49   | 0.30%             | 2030-12-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                         | Metropolitan Life Global Funding I                                          | CUSIP: BY6602951<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |      600000 | PA      | $734267.80    | 0.19%             | 2025-09-02      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ICBC STANDARD BANK PLC                          | ICBC Standard Bank plc                                                      | CUSIP: 85312EDG5<br>LEI: F01VVKN4DRF2NWKGQ283 | Long             | DBT              | CORP              | GB        |  3000000000 | PA      | $723769.34    | 0.19%             | 2034-06-26      | Fixed         | 14.25%                | Yes           |                  3 | On Loan: No      |
| KOREA TREASURY BOND                             | Korea Treasury Bond                                                         | CUSIP: AT7624253<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  1940000000 | PA      | $1399502.44   | 0.37%             | 2038-09-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                     | Southern Co                                                                 | CUSIP: BR3544508<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |      400000 | PA      | $352541.11    | 0.09%             | 2081-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                  | Morgan Stanley                                                              | CUSIP: BW3596622<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      500000 | PA      | $496077.04    | 0.13%             | 2032-05-07      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BANCO GENERAL SA                                | Banco General S.A.                                                          | CUSIP: 059597AE4<br>LEI: 549300B5C08LGDFB7205 | Long             | DBT              | CORP              | PA        |      300000 | PA      | $287482.02    | 0.08%             | 2027-08-07      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| IVORY COAST                                     | Ivory Coast Government International Bond                                   | CUSIP: ZQ0630702<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     1000000 | PA      | $914440.76    | 0.24%             | 2031-10-17      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Toronto Dominion Bank                           | CNY230202                                                                   | CUSIP: CNY230202<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-2629258.63  | -0.69%            |  |  |  | No            |                  2 | On Loan: No      |
| Cassia S.r.l.                                   | Cassia SRL                                                                  | CUSIP: BCC35W5M5<br>LEI: 815600A9D6ADF4638276 | Long             | ABS-MBS          | CORP              | IT        |      893385 | PA      | $901624.06    | 0.24%             | 2034-05-22      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| COTY INC                                        | Coty, Inc                                                                   | CUSIP: BP9627566<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |      750000 | PA      | $765751.04    | 0.20%             | 2026-04-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| IBM CORP                                        | International Business Machines Corp                                        | CUSIP: 459200KF7<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |      600000 | PA      | $503075.81    | 0.13%             | 2032-02-11      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| KFW                                             | Kreditanstalt fuer Wiederaufbau                                             | CUSIP: BN3324462<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |     1300000 | PA      | $1131310.98   | 0.30%             | 2031-01-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                               | Lebanon Government International Bond                                       | CUSIP: AM7142053<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     1400000 | PA      | $87500.00     | 0.02%             | 2027-03-23      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| PFIZER INC                                      | Pfizer, Inc                                                                 | CUSIP: AQ4399426<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |      500000 | PA      | $465415.67    | 0.12%             | 2043-06-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| CIA CERVECERIAS UNIDAS                          | Cia Cervecerias Unidas S.A.                                                 | CUSIP: 204429AA2<br>LEI: 529900BJW9B0O6LI2R39 | Long             | DBT              | CORP              | CL        |      200000 | PA      | $173000.00    | 0.05%             | 2032-01-19      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| JAPAN (10 YEAR ISSUE)                           | Japan Government Ten Year Bond                                              | CUSIP: ZR8859251<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   322000000 | PA      | $2431056.39   | 0.64%             | 2029-09-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                        | African Development Bank                                                    | CUSIP: BQ0644667<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | N/A       |      695000 | PA      | $766354.24    | 0.20%             | 2026-06-22      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                   | AIB Group plc                                                               | CUSIP: ZM4790261<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |      500000 | PA      | $541888.99    | 0.14%             | 2029-07-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                   | CAD230428                                                                   | CUSIP: CAD230428<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-56850.95    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                        | South Africa Government International Bond                                  | CUSIP: EI2585962<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    16500000 | PA      | $789512.68    | 0.21%             | 2031-02-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                          | Asian Development Bank                                                      | CUSIP: QZ6604008<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | IN        |    52500000 | PA      | $626831.24    | 0.16%             | 2026-10-06      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** TIAA-CREF Funds

**Signature:** E. Scott Wickerham

**Name of Signer:** E. Scott Wickerham

**Title:** Principal Financial Officer, Principal Accounting Officer and Treasurer