# EDGAR Filing Document

**Accession Number:** 0001710607
**File Stem:** 0001145549-25-048370
**Filing Date:** 2025-7
**Character Count:** 210233
**Document Hash:** 6308e0805fe7fa2198551b1112d97a84
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-048370.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001145549-25-048370

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY ETF TRUST
- **CENTRAL INDEX KEY:** 0001710607

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23305
- **FILM NUMBER:** 251153167

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** (816) 531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** American Century ETF Trust
- **DATE OF NAME CHANGE:** 20170628

## Series and Classes Contracts Data

### American Century Diversified Corporate Bond ETF (Series ID: S000060785)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000197601 | American Century Diversified Corporate Bond ETF | KORP            |

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**American Century**<sup>®</sup> **Diversified Corporate Bond ETF (KORP)**

**May 31, 2025**

------

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| |
|:---|
| **<u>Diversified Corporate Bond ETF - Schedule of Investments</u>** |
| **MAY 31, 2025 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount ($)/Shares** | **Value ($)** |
| **CORPORATE BONDS — 92.2%** |  |  |
| **Aerospace and Defense — 1.5%** |  |  |
| Axon Enterprise, Inc., 6.125%, 3/15/30<sup>(1)</sup> | 662000 | 676829 |
| BAE Systems PLC, 5.25%, 3/26/31<sup>(1)</sup> | 2800000 | 2866851 |
| Boeing Co., 5.71%, 5/1/40 | 1095000 | 1057352 |
| Bombardier, Inc., 7.25%, 7/1/31<sup>(1)(2)</sup> | 884000 | 912731 |
| L3Harris Technologies, Inc., 5.25%, 6/1/31 | 2200000 | 2245095 |
|  |  | 7758858 |
| **Air Freight and Logistics — 0.5%** |  |  |
| GXO Logistics, Inc., 6.50%, 5/6/34 | 2532000 | 2590374 |
| **Automobile Components — 0.2%** |  |  |
| Aptiv Swiss Holdings Ltd., VRN, 6.875%, 12/15/54 | 439000 | 431063 |
| ZF North America Capital, Inc., 6.875%, 4/23/32<sup>(1)</sup> | 491000 | 450799 |
|  |  | 881862 |
| **Automobiles — 2.5%** |  |  |
| Ford Motor Credit Co. LLC, 4.69%, 6/9/25 | 2000000 | 1999808 |
| Ford Motor Credit Co. LLC, 5.85%, 5/17/27 | 1700000 | 1698466 |
| Ford Motor Credit Co. LLC, 6.05%, 11/5/31 | 3492000 | 3403750 |
| Ford Motor Credit Co. LLC, 6.125%, 3/8/34 | 2165000 | 2058085 |
| General Motors Financial Co., Inc., 5.60%, 6/18/31 | 1360000 | 1366004 |
| Volkswagen Group of America Finance LLC, 4.95%, 3/25/27<sup>(1)</sup> | 2335000 | 2335705 |
|  |  | 12861818 |
| **Banks — 17.2%** |  |  |
| Bank of America Corp., VRN, 5.93%, 9/15/27 | 8180000 | 8309162 |
| Bank of America Corp., VRN, 5.47%, 1/23/35 | 6460000 | 6529794 |
| BPCE SA, VRN, 5.39%, 5/28/31<sup>(1)</sup> | 617000 | 622452 |
| BPCE SA, VRN, 7.00%, 10/19/34<sup>(1)</sup> | 4610000 | 4995737 |
| BPCE SA, VRN, 3.65%, 1/14/37<sup>(1)</sup> | 334000 | 289153 |
| Canadian Imperial Bank of Commerce, VRN, 4.86%, 3/30/29 | 2905000 | 2921293 |
| Citibank NA, 4.91%, 5/29/30 | 762000 | 768668 |
| Citigroup, Inc., VRN, 5.61%, 3/4/56 | 2900000 | 2764852 |
| Comerica, Inc., VRN, 5.98%, 1/30/30 | 1285000 | 1306380 |
| Credit Agricole SA, VRN, 5.22%, 5/27/31<sup>(1)</sup> | 748000 | 754832 |
| First Horizon Bank, 5.75%, 5/1/30 | 601000 | 605103 |
| Freedom Mortgage Holdings LLC, 9.25%, 2/1/29<sup>(1)</sup> | 732000 | 755307 |
| Goldman Sachs Bank USA, VRN, 5.41%, 5/21/27 | 3855000 | 3882888 |
| HSBC USA, Inc., 4.65%, 6/3/28<sup>(3)</sup> | 3249000 | 3258594 |
| Huntington Bancshares, Inc., VRN, 6.14%, 11/18/39 | 1215000 | 1212350 |
| Intesa Sanpaolo SpA, VRN, 8.25%, 11/21/33<sup>(1)</sup> | 4030000 | 4593857 |
| JPMorgan Chase & Co., VRN, 4.51%, 10/22/28 | 3760000 | 3752896 |
| JPMorgan Chase & Co., VRN, 4.01%, 4/23/29 | 3600000 | 3545770 |
| JPMorgan Chase & Co., VRN, 5.10%, 4/22/31 | 730000 | 740772 |
| JPMorgan Chase & Co., VRN, 5.34%, 1/23/35 | 3950000 | 3975775 |
| JPMorgan Chase & Co., VRN, 5.77%, 4/22/35 | 3003000 | 3106753 |
| Nordea Bank Abp, VRN, 4.625%, 9/13/33<sup>(1)</sup> | 2032000 | 2004706 |
| Royal Bank of Canada, VRN, 5.15%, 2/4/31 | 1348000 | 1367873 |
| Societe Generale SA, VRN, 5.51%, 5/22/31<sup>(1)</sup> | 561000 | 565343 |
| Societe Generale SA, VRN, 3.65%, 7/8/35<sup>(1)</sup> | 1486000 | 1336499 |
| Toronto-Dominion Bank, VRN, 8.125%, 10/31/82 | 957000 | 1004688 |
| Truist Bank, VRN, 4.63%, 9/17/29 | 1985000 | 1944942 |
| UniCredit SpA, VRN, 5.86%, 6/19/32<sup>(1)</sup> | 1450000 | 1453937 |

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| | | |
|:---|:---|:---|
| Wells Fargo & Co., VRN, 4.90%, 1/24/28 | 7940000 | 7972712 |
| Wells Fargo & Co., VRN, 4.97%, 4/23/29 | 1160000 | 1168864 |
| Wells Fargo & Co., VRN, 5.56%, 7/25/34 | 5631000 | 5704922 |
| Westpac Banking Corp., VRN, 5.62%, 11/20/35 | 2430000 | 2413146 |
| Zions Bancorp NA, VRN, 6.82%, 11/19/35 | 1244000 | 1254662 |
|  |  | 86884682 |
| **Beverages — 1.1%** |  |  |
| Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.70%, 2/1/36 | 3550000 | 3413697 |
| PepsiCo, Inc., 5.00%, 2/7/35 | 1930000 | 1927355 |
|  |  | 5341052 |
| **Biotechnology — 1.5%** |  |  |
| AbbVie, Inc., 5.35%, 3/15/44 | 1195000 | 1144087 |
| Amgen, Inc., 5.25%, 3/2/30 | 1755000 | 1799881 |
| Amgen, Inc., 5.25%, 3/2/33 | 2186000 | 2206836 |
| Amgen, Inc., 5.65%, 3/2/53 | 2324000 | 2213773 |
|  |  | 7364577 |
| **Capital Markets — 7.2%** |  |  |
| Ares Capital Corp., 3.25%, 7/15/25 | 1074000 | 1071656 |
| Ares Strategic Income Fund, 6.35%, 8/15/29<sup>(2)</sup> | 914000 | 926828 |
| Bain Capital Specialty Finance, Inc., 5.95%, 3/15/30 | 1159000 | 1143103 |
| Blackstone Private Credit Fund, 7.05%, 9/29/25 | 1065000 | 1071842 |
| Blackstone Private Credit Fund, 7.30%, 11/27/28 | 732000 | 775472 |
| Blackstone Private Credit Fund, 5.95%, 7/16/29 | 609000 | 614810 |
| Blue Owl Capital Corp., 3.75%, 7/22/25 | 1074000 | 1071448 |
| Blue Owl Capital Corp., 5.95%, 3/15/29 | 550000 | 549556 |
| Blue Owl Credit Income Corp., 7.75%, 1/15/29 | 1190000 | 1258450 |
| Blue Owl Technology Finance Corp., 6.10%, 3/15/28<sup>(1)</sup> | 1788000 | 1773460 |
| CME Group, Inc., 4.40%, 3/15/30 | 3215000 | 3210090 |
| Fortitude Group Holdings LLC, 6.25%, 4/1/30<sup>(1)</sup> | 717000 | 726411 |
| Goldman Sachs Group, Inc., VRN, 3.10%, 2/24/33 | 1458000 | 1288192 |
| Goldman Sachs Group, Inc., VRN, 5.56%, 11/19/45 | 1923000 | 1842323 |
| Golub Capital BDC, Inc., 6.00%, 7/15/29 | 901000 | 911890 |
| Golub Capital Private Credit Fund, 5.80%, 9/12/29<sup>(1)</sup> | 860000 | 851894 |
| Golub Capital Private Credit Fund, 5.875%, 5/1/30<sup>(1)</sup> | 447000 | 443408 |
| HPS Corporate Lending Fund, 5.45%, 1/14/28<sup>(2)</sup> | 615000 | 615086 |
| HPS Corporate Lending Fund, 6.25%, 9/30/29 | 735000 | 747039 |
| LPL Holdings, Inc., 4.00%, 3/15/29<sup>(1)</sup> | 1630000 | 1568345 |
| LPL Holdings, Inc., 5.15%, 6/15/30 | 1095000 | 1097897 |
| Morgan Stanley, VRN, 5.16%, 4/20/29 | 4380000 | 4441952 |
| Morgan Stanley, VRN, 6.63%, 11/1/34 | 4845000 | 5259331 |
| Morgan Stanley, VRN, 5.52%, 11/19/55 | 600000 | 572090 |
| Northern Trust Corp., VRN, 3.375%, 5/8/32 | 1465000 | 1416296 |
| Nuveen Churchill Direct Lending Corp., 6.65%, 3/15/30<sup>(2)</sup> | 985000 | 1003301 |
|  |  | 36252170 |
| **Chemicals — 0.7%** |  |  |
| Braskem Netherlands Finance BV, 4.50%, 1/31/30<sup>(1)</sup> | 1170000 | 960341 |
| Celanese U.S. Holdings LLC, 6.42%, 7/15/27 | 1560000 | 1600443 |
| Orbia Advance Corp. SAB de CV, 2.875%, 5/11/31<sup>(1)(2)</sup> | 1155000 | 948042 |
|  |  | 3508826 |
| **Communications Equipment — 0.5%** |  |  |
| Cisco Systems, Inc., 4.75%, 2/24/30 | 1063000 | 1081137 |
| Cisco Systems, Inc., 5.50%, 2/24/55 | 1310000 | 1273650 |
|  |  | 2354787 |
| **Construction Materials — 0.9%** |  |  |
| CRH America Finance, Inc., 5.50%, 1/9/35 | 1310000 | 1320710 |

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| | | |
|:---|:---|:---|
| Holcim Finance U.S. LLC, 4.70%, 4/7/28<sup>(1)</sup> | 2390000 | 2402919 |
| Quikrete Holdings, Inc., 6.375%, 3/1/32<sup>(1)</sup> | 500000 | 508441 |
| Quikrete Holdings, Inc., 6.75%, 3/1/33<sup>(1)</sup> | 460000 | 467153 |
|  |  | 4699223 |
| **Consumer Finance — 1.3%** |  |  |
| Ally Financial, Inc., 8.00%, 11/1/31 | 1452000 | 1625442 |
| American Express Co., VRN, 4.73%, 4/25/29 | 1033000 | 1038976 |
| Avolon Holdings Funding Ltd., 6.375%, 5/4/28<sup>(1)</sup> | 577000 | 597479 |
| Avolon Holdings Funding Ltd., 5.15%, 1/15/30<sup>(1)</sup> | 423000 | 421716 |
| Bread Financial Holdings, Inc., VRN, 8.375%, 6/15/35<sup>(1)(2)</sup> | 1304000 | 1267326 |
| Encore Capital Group, Inc., 9.25%, 4/1/29<sup>(1)</sup> | 486000 | 518805 |
| OneMain Finance Corp., 7.125%, 3/15/26 | 332000 | 336727 |
| PRA Group, Inc., 8.875%, 1/31/30<sup>(1)</sup> | 900000 | 923658 |
|  |  | 6730129 |
| **Consumer Staples Distribution & Retail — 0.2%** |  |  |
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, 3.25%, 3/15/26<sup>(1)</sup> | 1250000 | 1231063 |
| **Containers and Packaging — 0.7%** |  |  |
| Amcor Flexibles North America, Inc., 5.10%, 3/17/30<sup>(1)</sup> | 2850000 | 2870430 |
| Smurfit Kappa Treasury ULC, 5.20%, 1/15/30 | 700000 | 708070 |
|  |  | 3578500 |
| **Diversified REITs — 2.9%** |  |  |
| American Assets Trust LP, 3.375%, 2/1/31 | 2190000 | 1917116 |
| American Assets Trust LP, 6.15%, 10/1/34 | 470000 | 460120 |
| Cousins Properties LP, 5.375%, 2/15/32 | 1364000 | 1355823 |
| GLP Capital LP/GLP Financing II, Inc., 5.375%, 4/15/26 | 1500000 | 1497635 |
| Highwoods Realty LP, 4.20%, 4/15/29 | 1263000 | 1213186 |
| Kilroy Realty LP, 4.25%, 8/15/29 | 1985000 | 1876748 |
| Kilroy Realty LP, 2.65%, 11/15/33 | 2055000 | 1580270 |
| Piedmont Operating Partnership LP, 9.25%, 7/20/28 | 1234000 | 1363062 |
| Piedmont Operating Partnership LP, 6.875%, 7/15/29 | 534000 | 552979 |
| Piedmont Operating Partnership LP, 3.15%, 8/15/30 | 285000 | 251311 |
| Store Capital LLC, 5.40%, 4/30/30<sup>(1)</sup> | 1800000 | 1793335 |
| Trust Fibra Uno, 4.87%, 1/15/30<sup>(1)</sup> | 550000 | 514800 |
| Trust Fibra Uno, 7.70%, 1/23/32<sup>(1)</sup> | 426000 | 435963 |
|  |  | 14812348 |
| **Diversified Telecommunication Services — 2.2%** |  |  |
| AT&T, Inc., 6.375%, 3/1/41 | 1485000 | 1540666 |
| AT&T, Inc., 5.15%, 11/15/46 | 1575000 | 1427989 |
| Frontier Communications Holdings LLC, 8.625%, 3/15/31<sup>(1)</sup> | 2385000 | 2540747 |
| Sprint Capital Corp., 6.875%, 11/15/28 | 2300000 | 2461011 |
| Verizon Communications, Inc., 4.27%, 1/15/36 | 1790000 | 1630458 |
| Verizon Communications, Inc., 2.99%, 10/30/56 | 2375000 | 1391846 |
|  |  | 10992717 |
| **Electric Utilities — 9.0%** |  |  |
| AEP Transmission Co. LLC, 5.375%, 6/15/35 | 409000 | 411076 |
| American Transmission Systems, Inc., 2.65%, 1/15/32<sup>(1)</sup> | 2830000 | 2455301 |
| Appalachian Power Co., Series AA, 2.70%, 4/1/31 | 3180000 | 2814107 |
| Arizona Public Service Co., 5.70%, 8/15/34 | 2469000 | 2503243 |
| Chile Electricity Lux MPC II SARL, 5.67%, 10/20/35<sup>(1)</sup> | 468000 | 466725 |
| Comision Federal de Electricidad, 6.45%, 1/24/35<sup>(1)</sup> | 485000 | 466998 |
| Commonwealth Edison Co., 5.30%, 2/1/53 | 2055000 | 1881622 |
| Commonwealth Edison Co., 5.95%, 6/1/55 | 543000 | 544312 |
| DTE Electric Co., 4.25%, 5/14/27 | 1210000 | 1203870 |
| Duke Energy Florida LLC, 5.95%, 11/15/52 | 4850000 | 4846122 |
| Duke Energy Indiana LLC, 5.40%, 4/1/53 | 1850000 | 1709320 |

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| | | |
|:---|:---|:---|
| Duke Energy Progress LLC, 5.35%, 3/15/53 | 1995000 | 1837245 |
| Duke Energy Progress LLC, 5.55%, 3/15/55 | 1295000 | 1235359 |
| Electricite de France SA, 6.375%, 1/13/55<sup>(1)</sup> | 2830000 | 2788461 |
| Evergy Kansas Central, Inc., 4.70%, 3/13/28 | 1602000 | 1612046 |
| Florida Power & Light Co., 4.125%, 2/1/42 | 3555000 | 2965943 |
| MidAmerican Energy Co., 5.85%, 9/15/54 | 5065000 | 5051524 |
| NextEra Energy Capital Holdings, Inc., 5.30%, 3/15/32 | 1176000 | 1196392 |
| Northern States Power Co., 5.65%, 5/15/55 | 1470000 | 1426925 |
| Pacific Gas & Electric Co., 4.20%, 6/1/41 | 1645000 | 1247924 |
| Pinnacle West Capital Corp., 5.15%, 5/15/30 | 1497000 | 1514617 |
| Public Service Electric & Gas Co., 5.50%, 3/1/55 | 3605000 | 3463226 |
| Trans-Allegheny Interstate Line Co., 5.00%, 1/15/31<sup>(1)</sup> | 956000 | 963779 |
| Vistra Operations Co. LLC, 6.00%, 4/15/34<sup>(1)</sup> | 1042000 | 1057464 |
|  |  | 45663601 |
| **Electrical Equipment — 0.4%** |  |  |
| Regal Rexnord Corp., 6.30%, 2/15/30 | 1700000 | 1763424 |
| **Electronic Equipment, Instruments and Components — 0.2%** |  |  |
| Keysight Technologies, Inc., 5.35%, 7/30/30 | 863000 | 880845 |
| **Energy Equipment and Services — 0.1%** |  |  |
| Enerflex Ltd., 9.00%, 10/15/27<sup>(1)</sup> | 583000 | 601035 |
| **Entertainment — 0.4%** |  |  |
| Take-Two Interactive Software, Inc., 5.40%, 6/12/29 | 940000 | 959652 |
| Warnermedia Holdings, Inc., 3.76%, 3/15/27 | 1319000 | 1278928 |
|  |  | 2238580 |
| **Financial Services — 2.1%** |  |  |
| Antares Holdings LP, 7.95%, 8/11/28<sup>(1)</sup> | 565000 | 592798 |
| Antares Holdings LP, 6.35%, 10/23/29<sup>(1)</sup> | 695000 | 695604 |
| Atlas Warehouse Lending Co. LP, 6.25%, 1/15/30<sup>(1)</sup> | 2096000 | 2106134 |
| Corebridge Financial, Inc., VRN, 6.375%, 9/15/54 | 964000 | 940458 |
| Essent Group Ltd., 6.25%, 7/1/29 | 1215000 | 1253110 |
| NMI Holdings, Inc., 6.00%, 8/15/29 | 1125000 | 1143197 |
| PennyMac Financial Services, Inc., 7.125%, 11/15/30<sup>(1)</sup> | 1518000 | 1552475 |
| PennyMac Financial Services, Inc., 6.875%, 2/15/33<sup>(1)</sup> | 1073000 | 1080103 |
| Voya Financial, Inc., 5.00%, 9/20/34 | 1325000 | 1263120 |
|  |  | 10626999 |
| **Food Products — 1.6%** |  |  |
| Flowers Foods, Inc., 5.75%, 3/15/35 | 1195000 | 1205483 |
| Mars, Inc., 4.60%, 3/1/28<sup>(1)</sup> | 1635000 | 1643077 |
| Mars, Inc., 5.20%, 3/1/35<sup>(1)</sup> | 2090000 | 2082948 |
| Mars, Inc., 5.65%, 5/1/45<sup>(1)</sup> | 1465000 | 1438059 |
| Mars, Inc., 5.70%, 5/1/55<sup>(1)</sup> | 1085000 | 1053351 |
| Minerva Luxembourg SA, 8.875%, 9/13/33<sup>(1)</sup> | 825000 | 886165 |
|  |  | 8309083 |
| **Gas Utilities — 0.5%** |  |  |
| AmeriGas Partners LP/AmeriGas Finance Corp., 9.50%, 6/1/30<sup>(1)</sup> | 345000 | 348700 |
| Boston Gas Co., 5.84%, 1/10/35<sup>(1)</sup> | 1152000 | 1179714 |
| Excelerate Energy LP, 8.00%, 5/15/30<sup>(1)</sup> | 309000 | 320118 |
| Snam SpA, 6.50%, 5/28/55<sup>(1)</sup> | 740000 | 745271 |
|  |  | 2593803 |
| **Ground Transportation — 0.9%** |  |  |
| Ashtead Capital, Inc., 5.95%, 10/15/33<sup>(1)</sup> | 1847000 | 1867262 |
| Herc Holdings Escrow, Inc., 7.25%, 6/15/33<sup>(1)(3)</sup> | 534000 | 549968 |
| United Rentals North America, Inc., 6.00%, 12/15/29<sup>(1)</sup> | 2290000 | 2330370 |
|  |  | 4747600 |

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| | | |
|:---|:---|:---|
| **Health Care Providers and Services — 5.0%** |  |  |
| Centene Corp., 2.50%, 3/1/31 | 3663000 | 3112461 |
| CVS Health Corp., 5.25%, 2/21/33 | 1704000 | 1679659 |
| CVS Health Corp., 5.05%, 3/25/48 | 2480000 | 2069037 |
| CVS Health Corp., VRN, 7.00%, 3/10/55 | 757000 | 764394 |
| HCA, Inc., 5.25%, 3/1/30 | 541000 | 549309 |
| HCA, Inc., 5.60%, 4/1/34 | 1321000 | 1328797 |
| HCA, Inc., 6.20%, 3/1/55 | 1078000 | 1053259 |
| Humana, Inc., 5.375%, 4/15/31 | 3302000 | 3324389 |
| Icon Investments Six DAC, 6.00%, 5/8/34 | 2165000 | 2168256 |
| IQVIA, Inc., 6.25%, 2/1/29 | 2140000 | 2218562 |
| Tenet Healthcare Corp., 5.125%, 11/1/27 | 1340000 | 1332506 |
| UnitedHealth Group, Inc., 5.50%, 7/15/44 | 1800000 | 1693517 |
| UnitedHealth Group, Inc., 5.625%, 7/15/54 | 3170000 | 2964887 |
| Universal Health Services, Inc., 5.05%, 10/15/34 | 1050000 | 986258 |
|  |  | 25245291 |
| **Hotels, Restaurants and Leisure — 2.1%** |  |  |
| Carnival Corp., 4.00%, 8/1/28<sup>(1)</sup> | 2226000 | 2152264 |
| Expedia Group, Inc., 5.40%, 2/15/35 | 1434000 | 1415258 |
| Hyatt Hotels Corp., 5.05%, 3/30/28 | 2205000 | 2216521 |
| Hyatt Hotels Corp., 5.25%, 6/30/29 | 1725000 | 1738755 |
| Hyatt Hotels Corp., 5.75%, 3/30/32 | 1400000 | 1413809 |
| International Game Technology PLC, 5.25%, 1/15/29<sup>(1)</sup> | 700000 | 689051 |
| Royal Caribbean Cruises Ltd., 6.00%, 2/1/33<sup>(1)</sup> | 1190000 | 1195015 |
|  |  | 10820673 |
| **Household Durables — 0.7%** |  |  |
| DR Horton, Inc., 4.85%, 10/15/30 | 1125000 | 1123746 |
| Meritage Homes Corp., 3.875%, 4/15/29<sup>(1)</sup> | 1900000 | 1816262 |
| Meritage Homes Corp., 5.65%, 3/15/35 | 584000 | 570724 |
|  |  | 3510732 |
| **Independent Power and Renewable Electricity Producers — 0.3%** |  |  |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple, 7.25%, 1/31/41<sup>(1)</sup> | 1496346 | 1479139 |
| **Industrial Conglomerates — 0.1%** |  |  |
| Siemens Funding BV, 5.80%, 5/28/55<sup>(1)</sup> | 548000 | 555411 |
| **Insurance — 3.4%** |  |  |
| Allstate Corp., 5.55%, 5/9/35 | 2856000 | 2924650 |
| American International Group, Inc., 4.85%, 5/7/30 | 410000 | 411826 |
| American International Group, Inc., 5.45%, 5/7/35 | 149000 | 149874 |
| American International Group, Inc., 4.375%, 6/30/50 | 1838000 | 1487149 |
| American International Group, Inc., VRN, 5.75%, 4/1/48 | 403000 | 404197 |
| Athene Global Funding, 5.53%, 7/11/31<sup>(1)</sup> | 3230000 | 3273744 |
| Beacon Funding Trust, 6.27%, 8/15/54<sup>(1)</sup> | 750000 | 719645 |
| CNO Financial Group, Inc., 5.25%, 5/30/29 | 1200000 | 1198202 |
| CNO Financial Group, Inc., 6.45%, 6/15/34 | 819000 | 843890 |
| F&G Annuities & Life, Inc., 6.50%, 6/4/29 | 448000 | 458208 |
| F&G Annuities & Life, Inc., 6.25%, 10/4/34 | 638000 | 617487 |
| Global Atlantic Fin Co., 7.95%, 6/15/33<sup>(1)</sup> | 831000 | 927200 |
| Hartford Insurance Group, Inc., 2.80%, 8/19/29 | 519000 | 483884 |
| Liberty Mutual Group, Inc., VRN, 4.125%, 12/15/51<sup>(1)</sup> | 1000000 | 963040 |
| Lincoln National Corp., 7.00%, 6/15/40 | 870000 | 952656 |
| MassMutual Global Funding II, 4.45%, 3/27/28<sup>(1)</sup> | 500000 | 501131 |
| Prudential Financial, Inc., VRN, 6.50%, 3/15/54 | 840000 | 854898 |
|  |  | 17171681 |
| **Interactive Media and Services — 0.2%** |  |  |
| Snap, Inc., 6.875%, 3/1/33<sup>(1)</sup> | 1139000 | 1154873 |

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| | | |
|:---|:---|:---|
| **IT Services — 1.1%** |  |  |
| Black Knight InfoServ LLC, 3.625%, 9/1/28<sup>(1)</sup> | 7000 | 6652 |
| CoreWeave, Inc., 9.25%, 6/1/30<sup>(1)</sup> | 1350000 | 1349674 |
| Genpact Luxembourg SARL/Genpact USA, Inc., 6.00%, 6/4/29 | 696000 | 717773 |
| Kyndryl Holdings, Inc., 3.15%, 10/15/31 | 1475000 | 1308438 |
| Kyndryl Holdings, Inc., 6.35%, 2/20/34<sup>(2)</sup> | 1843000 | 1934572 |
|  |  | 5317109 |
| **Machinery — 0.9%** |  |  |
| AGCO Corp., 5.80%, 3/21/34 | 2068000 | 2074739 |
| Caterpillar, Inc., 5.20%, 5/15/35 | 983000 | 986899 |
| Weir Group, Inc., 5.35%, 5/6/30<sup>(1)</sup> | 1498000 | 1504748 |
|  |  | 4566386 |
| **Media — 1.5%** |  |  |
| CCO Holdings LLC/CCO Holdings Capital Corp., 5.125%, 5/1/27<sup>(1)</sup> | 1167000 | 1155690 |
| Lamar Media Corp., 3.75%, 2/15/28 | 1005000 | 973005 |
| Nexstar Media, Inc., 5.625%, 7/15/27<sup>(1)</sup> | 1385000 | 1380327 |
| TEGNA, Inc., 4.75%, 3/15/26<sup>(1)</sup> | 1205000 | 1198435 |
| Time Warner Cable LLC, 6.55%, 5/1/37 | 2779000 | 2798899 |
|  |  | 7506356 |
| **Metals and Mining — 2.0%** |  |  |
| Cleveland-Cliffs, Inc., 7.50%, 9/15/31<sup>(1)</sup> | 537000 | 483427 |
| Glencore Funding LLC, 5.19%, 4/1/30<sup>(1)</sup> | 1290000 | 1305502 |
| Glencore Funding LLC, 5.89%, 4/4/54<sup>(1)(2)</sup> | 1065000 | 1016738 |
| Newmont Corp./Newcrest Finance Pty. Ltd., 5.35%, 3/15/34 | 1981000 | 2001257 |
| Rio Tinto Finance USA PLC, 4.50%, 3/14/28 | 2575000 | 2586294 |
| Rio Tinto Finance USA PLC, 5.00%, 3/14/32 | 550000 | 552466 |
| Rio Tinto Finance USA PLC, 5.75%, 3/14/55 | 1551000 | 1509222 |
| Windfall Mining Group, Inc./Groupe Minier Windfall, Inc., 5.85%, 5/13/32<sup>(1)</sup> | 586000 | 585935 |
|  |  | 10040841 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.6%** |  |  |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 6/15/29<sup>(1)</sup> | 940000 | 911185 |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 7.00%, 7/15/31<sup>(1)</sup> | 2115000 | 2194683 |
|  |  | 3105868 |
| **Multi-Utilities — 1.5%** |  |  |
| Black Hills Corp., 6.00%, 1/15/35 | 1767000 | 1802973 |
| Consumers Energy Co., 4.50%, 1/15/31 | 1483000 | 1473474 |
| Dominion Energy, Inc., 4.90%, 8/1/41 | 2250000 | 1973569 |
| Engie SA, 5.875%, 4/10/54<sup>(1)</sup> | 2655000 | 2536436 |
|  |  | 7786452 |
| **Oil, Gas and Consumable Fuels — 7.0%** |  |  |
| Chevron USA, Inc., 2.34%, 8/12/50 | 4515000 | 2500046 |
| Columbia Pipelines Holding Co. LLC, 5.68%, 1/15/34<sup>(1)</sup> | 2435000 | 2409030 |
| Columbia Pipelines Operating Co. LLC, 6.04%, 11/15/33<sup>(1)</sup> | 1825000 | 1879568 |
| ConocoPhillips Co., 4.85%, 1/15/32 | 2980000 | 2972901 |
| Diamondback Energy, Inc., 5.40%, 4/18/34 | 1989000 | 1952712 |
| Enbridge, Inc., VRN, 6.00%, 1/15/77 | 2235000 | 2210863 |
| Encino Acquisition Partners Holdings LLC, 8.50%, 5/1/28<sup>(1)</sup> | 1000000 | 1026370 |
| Energy Transfer LP, 5.25%, 7/1/29 | 1270000 | 1291159 |
| Energy Transfer LP, 6.55%, 12/1/33 | 2175000 | 2311303 |
| Energy Transfer LP, 6.125%, 12/15/45 | 2115000 | 2018883 |
| Eni SpA, 5.95%, 5/15/54<sup>(1)</sup> | 2000000 | 1873661 |
| Expand Energy Corp., 6.75%, 4/15/29<sup>(1)</sup> | 2506000 | 2536992 |
| Expand Energy Corp., 5.375%, 3/15/30 | 1339000 | 1332769 |
| Greensaif Pipelines Bidco SARL, 5.85%, 2/23/36<sup>(1)</sup> | 1591000 | 1594195 |
| Kinder Morgan, Inc., 5.15%, 6/1/30 | 265000 | 267577 |

---

------

---

| | | |
|:---|:---|:---|
| Occidental Petroleum Corp., 6.125%, 1/1/31 | 570000 | 580719 |
| Occidental Petroleum Corp., 5.375%, 1/1/32 | 1306000 | 1261586 |
| Petroleos Mexicanos, 4.50%, 1/23/26<sup>(2)</sup> | 500000 | 490772 |
| Petroleos Mexicanos, 6.875%, 8/4/26<sup>(2)</sup> | 1342000 | 1330072 |
| Petroleos Mexicanos, 6.49%, 1/23/27 | 786000 | 771709 |
| Petroleos Mexicanos, 6.50%, 3/13/27 | 1281000 | 1257522 |
| Petroleos Mexicanos, 5.35%, 2/12/28 | 223000 | 209740 |
| Petroleos Mexicanos, 6.84%, 1/23/30 | 148000 | 138394 |
| Targa Resources Partners LP/Targa Resources Partners Finance Corp., 4.875%, 2/1/31 | 1505000 | 1468368 |
|  |  | 35686911 |
| **Paper and Forest Products — 0.2%** |  |  |
| Louisiana-Pacific Corp., 3.625%, 3/15/29<sup>(1)</sup> | 1184000 | 1119188 |
| **Passenger Airlines — 0.8%** |  |  |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(1)</sup> | 96873 | 96768 |
| Delta Air Lines, Inc., 3.75%, 10/28/29 | 1600000 | 1504688 |
| Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 6/20/27<sup>(1)</sup> | 2654533 | 2662284 |
|  |  | 4263740 |
| **Pharmaceuticals — 0.6%** |  |  |
| Bristol-Myers Squibb Co., 5.50%, 2/22/44 | 715000 | 694658 |
| Bristol-Myers Squibb Co., 5.55%, 2/22/54 | 2695000 | 2561010 |
|  |  | 3255668 |
| **Professional Services — 0.4%** |  |  |
| Automatic Data Processing, Inc., 4.75%, 5/8/32 | 657000 | 659328 |
| Paychex, Inc., 5.10%, 4/15/30 | 582000 | 589808 |
| Paychex, Inc., 5.35%, 4/15/32 | 671000 | 681245 |
|  |  | 1930381 |
| **Real Estate Management and Development — 0.3%** |  |  |
| Essential Properties LP, 2.95%, 7/15/31 | 794000 | 694991 |
| First Industrial LP, 5.25%, 1/15/31 | 575000 | 575777 |
|  |  | 1270768 |
| **Retail REITs — 0.3%** |  |  |
| NNN REIT, Inc., 3.50%, 10/15/27 | 364000 | 355393 |
| NNN REIT, Inc., 5.50%, 6/15/34 | 1190000 | 1191937 |
|  |  | 1547330 |
| **Semiconductors and Semiconductor Equipment — 1.9%** |  |  |
| Broadcom, Inc., 5.20%, 4/15/32 | 444000 | 451037 |
| Foundry JV Holdco LLC, 5.50%, 1/25/31<sup>(1)</sup> | 999000 | 1012634 |
| Foundry JV Holdco LLC, 6.10%, 1/25/36<sup>(1)</sup> | 892000 | 906946 |
| Foundry JV Holdco LLC, 6.30%, 1/25/39<sup>(1)</sup> | 2581000 | 2653506 |
| Intel Corp., 3.90%, 3/25/30 | 995000 | 952878 |
| Intel Corp., 5.15%, 2/21/34<sup>(2)</sup> | 1075000 | 1052654 |
| Intel Corp., 5.70%, 2/10/53 | 525000 | 471469 |
| Intel Corp., 5.60%, 2/21/54 | 778000 | 691411 |
| Micron Technology, Inc., 5.30%, 1/15/31 | 1385000 | 1394053 |
|  |  | 9586588 |
| **Software — 2.0%** |  |  |
| AppLovin Corp., 5.375%, 12/1/31 | 2280000 | 2301998 |
| Oracle Corp., 3.60%, 4/1/40 | 8065000 | 6303246 |
| Oracle Corp., 6.00%, 8/3/55 | 65000 | 63062 |
| Synopsys, Inc., 5.00%, 4/1/32 | 1356000 | 1358893 |
|  |  | 10027199 |
| **Specialized REITs — 0.7%** |  |  |
| VICI Properties LP, 4.75%, 4/1/28 | 1640000 | 1640356 |
| VICI Properties LP, 5.75%, 4/1/34 | 715000 | 717958 |

---

------

---

| | | |
|:---|:---|:---|
| VICI Properties LP/VICI Note Co., Inc., 4.125%, 8/15/30<sup>(1)</sup> | 1245000 | 1174868 |
|  |  | 3533182 |
| **Specialty Retail — 0.8%** |  |  |
| Home Depot, Inc., 4.95%, 6/25/34 | 2210000 | 2211802 |
| Home Depot, Inc., 5.30%, 6/25/54 | 2065000 | 1932857 |
|  |  | 4144659 |
| **Technology Hardware, Storage and Peripherals — 0.7%** |  |  |
| Apple, Inc., 4.20%, 5/12/30 | 534000 | 532650 |
| Apple, Inc., 4.50%, 5/12/32 | 780000 | 776022 |
| Dell International LLC/EMC Corp., 4.75%, 4/1/28 | 1329000 | 1335391 |
| Dell International LLC/EMC Corp., 5.30%, 4/1/32 | 808000 | 811866 |
|  |  | 3455929 |
| **Trading Companies and Distributors — 0.5%** |  |  |
| Aircastle Ltd./Aircastle Ireland DAC, 5.75%, 10/1/31<sup>(1)</sup> | 827000 | 840195 |
| Fortress Transportation & Infrastructure Investors LLC, 7.00%, 6/15/32<sup>(1)</sup> | 1059000 | 1083388 |
| Herc Holdings, Inc., 5.50%, 7/15/27<sup>(1)</sup> | 200000 | 198670 |
| QXO Building Products, Inc., 6.75%, 4/30/32<sup>(1)</sup> | 343000 | 352552 |
|  |  | 2474805 |
| **Wireless Telecommunication Services — 0.3%** |  |  |
| U.S. Cellular Corp., 6.70%, 12/15/33 | 1230000 | 1325491 |
| **TOTAL CORPORATE BONDS**<br>(Cost $467,148,263) |  | **467150607** |
| **PREFERRED SECURITIES — 2.5%** |  |  |
| **Banks — 0.8%** |  |  |
| Citigroup, Inc., 3.875% | 1090000 | 1070577 |
| Comerica, Inc., 5.625% | 875000 | 875593 |
| M&T Bank Corp., 5.125%<sup>(2)</sup> | 737000 | 728378 |
| Regions Financial Corp., 5.75% | 1369000 | 1371306 |
|  |  | 4045854 |
| **Capital Markets — 0.3%** |  |  |
| Charles Schwab Corp., 4.00% | 1003000 | 992466 |
| Goldman Sachs Group, Inc., 7.38% | 667000 | 671656 |
|  |  | 1664122 |
| **Consumer Finance — 0.5%** |  |  |
| Ally Financial, Inc., 4.70% | 1225000 | 1161179 |
| American Express Co., 3.55% | 1160000 | 1124682 |
|  |  | 2285861 |
| **Oil, Gas and Consumable Fuels — 0.6%** |  |  |
| Energy Transfer LP, 6.50% | 3115000 | 3114939 |
| **Trading Companies and Distributors — 0.3%** |  |  |
| Aircastle Ltd., 5.25%<sup>(1)</sup> | 1380000 | 1373820 |
| **TOTAL PREFERRED SECURITIES**<br>(Cost $12,327,181) |  | **12484596** |
| **CONVERTIBLE PREFERRED SECURITIES — 1.9%** |  |  |
| **Banks — 1.3%** |  |  |
| Banco Bilbao Vizcaya Argentaria SA, 6.125% | 2000000 | 1929308 |
| Banco Mercantil del Norte SA, 7.50%<sup>(1)</sup> | 378000 | 375144 |
| Banco Santander SA, 4.75% | 800000 | 768256 |
| Barclays PLC, 6.125% | 790000 | 789269 |
| BNP Paribas SA, 4.625%<sup>(1)</sup> | 800000 | 768901 |
| HSBC Holdings PLC, 7.05%<sup>(3)</sup> | 865000 | 867241 |
| NatWest Group PLC, 8.00% | 1290000 | 1295497 |
|  |  | 6793616 |
| **Capital Markets — 0.4%** |  |  |
| Deutsche Bank AG, 6.00% | 800000 | 797361 |

---

------

---

| | | |
|:---|:---|:---|
| UBS Group AG, 6.875% | 1310000 | 1311767 |
|  |  | 2109128 |
| **Insurance — 0.2%** |  |  |
| Allianz SE, 3.50%<sup>(1)</sup> | 1000000 | 974154 |
| **TOTAL CONVERTIBLE PREFERRED SECURITIES**<br>(Cost $9,919,628) |  | **9876898** |
| **U.S. TREASURY SECURITIES — 0.6%** |  |  |
| U.S. Treasury Notes, 4.00%, 1/31/31<sup>(4)</sup> | 395000 | 394113 |
| U.S. Treasury Notes, 4.125%, 3/31/31<sup>(4)</sup> | 1650000 | 1655059 |
| U.S. Treasury Notes, 4.375%, 1/31/32<sup>(4)</sup> | 745000 | 754793 |
| **TOTAL U.S. TREASURY SECURITIES**<br>(Cost $2,755,814) |  | **2803965** |
| **SHORT-TERM INVESTMENTS — 3.9%** |  |  |
| **Money Market Funds — 3.9%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 12271100 | 12271100 |
| State Street Navigator Securities Lending Government Money Market Portfolio<sup>(5)</sup> | 7664138 | 7664138 |
| **TOTAL SHORT-TERM INVESTMENTS**<br>(Cost $19,935,238) |  | **19935238** |
| **TOTAL INVESTMENT SECURITIES — 101.1%**<br>(Cost $512,086,124) |  | **512251304** |
| **OTHER ASSETS AND LIABILITIES — (1.1)%** |  | **(5555982)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**506695322** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration <br>Date** | **Notional <br>Amount** | **Unrealized <br>Appreciation <br>(Depreciation)^** |
| U.S. Treasury 2-Year Notes | 161 | September 2025 | $33397437 | $43687 |
| U.S. Treasury 5-Year Notes | 227 | September 2025 | 24558563 | 75933 |
| U.S. Treasury Long Bonds | 71 | September 2025 | 8007469 | 54220 |
| U.S. Treasury Ultra Bonds | 274 | September 2025 | 31801125 | 194747 |
|  |  |  | $97764594 | $368587 |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

(1)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $135,621,395, which represented 26.8% of total net assets.

(2)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $7,393,576. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

(3)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(4)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on futures contracts. At the period end, the aggregate value of securities pledged was $2,277,634.

(5)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $7,664,138.

------

**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS** 

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds and U.S. Treasury and Government Agency securities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred securities and convertible preferred securities with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause the fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the fund's NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

------

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | **Assets** | **Assets** | **Assets** |
| **Investment Securities** | **Investment Securities** | **Investment Securities** | **Investment Securities** |
| Corporate Bonds |  | $467150607 |  |
| Preferred Securities |  | 12484596 |  |
| Convertible Preferred Securities |  | 9876898 |  |
| U.S. Treasury Securities |  | 2803965 |  |
| Short-Term Investments | $19935238 |  |  |
|  | $19935238 | $492316066 |  |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
| Futures Contracts | $368587 |  |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual shareholder report.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century ETF Trust

- **b. Investment Company Act file number:** 811-23305

- **c. CIK number of Registrant:** 0001710607

- **d. LEI of Registrant:** 5493006IKK34YJD98183

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

- **a. Name of Series:** American Century Diversified Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000060785

- **c. LEI of Series:** 549300OGL9B5MI7HUM67

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $520220448.66

**Total Liabilities:** $13445512.41

**Net Assets:** $506774936.25

**Cash Not Reported:** $92586.78

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 82.000000000000 | **1-Year:** 11635.000000000000 | **5-Year:** 67723.000000000000 | **10-Year:** 102561.000000000000 | **30-Year:** 90241.000000000000

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

- **3-Month:** 74.000000000000 | **1-Year:** 1666.000000000000 | **5-Year:** 5276.000000000000 | **10-Year:** 3190.000000000000 | **30-Year:** 4850.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000197601 | -0.39%               | 0.02%                | -0.04%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $170122.59               | $-3123823.18                               |
| Month 2  | $-639167.45              | $-948604.33                                |
| Month 3  | $-747418.40              | $167862.03                                 |

**Designated Index Information**

- **Index Name:** Bloomberg US Corporate Investment Grade

- **Index Identifier:** Bloomberg US Corporate Investment Grade

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Amgen Inc                                                                                                                     | Amgen Inc 5.25 03/02/2033                                                                 | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2186000 | PA      | $2206835.82   | 0.44%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                                                                     | Amgen Inc 5.65 03/02/2053                                                                 | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2324000 | PA      | $2213773.24   | 0.44%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                                                                   | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.70 02/01/2036               | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3413696.90   | 0.67%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                                                                           | Antares Holdings LP 7.95 08/11/2028                                                       | CUSIP: 03666HAF8<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | CA        |    565000 | PA      | $592797.76    | 0.12%             | 2028-08-11      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                                                                           | Antares Holdings LP 6.35 10/23/2029                                                       | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | CA        |    695000 | PA      | $695604.00    | 0.14%             | 2029-10-23      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 5.85 05/17/2027                                                  | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |   1700000 | PA      | $1698466.31   | 0.34%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 6.05 11/05/2031                                                  | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |   3492000 | PA      | $3403749.72   | 0.67%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 4.69 06/09/2025                                                  | CUSIP: 345397ZJ5<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1999808.28   | 0.39%             | 2025-06-09      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation and Infrastructure Investors LLC                                                                      | Fortress Transportation and Infrastructure Investors LLC 7.00 06/15/2032                  | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1059000 | PA      | $1083387.71   | 0.21%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                                                                                 | M&T Bank Corp (pfd) 5.13% 05/01/2174 Perpetual                                            | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    737000 | NS      | $728378.28    | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Magallanes Inc                                                                                                                | Warnermedia Holdings Inc 3.76 03/15/2027                                                  | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1319000 | PA      | $1278927.90   | 0.25%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                                                                      | Mars Inc 4.60 03/01/2028                                                                  | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1635000 | PA      | $1643077.37   | 0.32%             | 2028-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                                                                      | Mars Inc 5.20 03/01/2035                                                                  | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2090000 | PA      | $2082948.28   | 0.41%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                                                                      | Mars Inc 5.65 05/01/2045                                                                  | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1438059.59   | 0.28%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                                                                      | Mars Inc 5.70 05/01/2055                                                                  | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1053350.62   | 0.21%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                                                                                  | MassMutual Global Funding II 4.45 03/27/2028                                              | CUSIP: 57629TBW6<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501131.32    | 0.10%             | 2028-03-27      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                                                                           | Meritage Homes Corp 3.88 04/15/2029                                                       | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1816261.93   | 0.36%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                                                                           | Meritage Homes Corp 5.65 03/15/2035                                                       | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    584000 | PA      | $570724.38    | 0.11%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                                                                         | Micron Technology Inc 5.30 01/15/2031                                                     | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1394053.30   | 0.28%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                                                                         | MidAmerican Energy Co 5.85 09/15/2054                                                     | CUSIP: 595620AY1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |   5065000 | PA      | $5051523.96   | 1.00%             | 2054-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd                                                     | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd 6.50 06/20/2027 | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2654533 | PA      | $2662284.14   | 0.53%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Minerva Luxembourg SA                                                                                                         | Minerva Luxembourg SA 8.88 09/13/2033                                                     | CUSIP: 603374AH2<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |    825000 | PA      | $886164.68    | 0.17%             | 2033-09-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 5.16 04/20/2029                                                            | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4380000 | PA      | $4441951.51   | 0.88%             | 2029-04-20      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 6.63 11/01/2034                                                            | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4845000 | PA      | $5259331.37   | 1.04%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 5.52 11/19/2055                                                            | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $572090.39    | 0.11%             | 2055-11-19      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| NMI Holdings Inc                                                                                                              | NMI Holdings Inc 6.00 08/15/2029                                                          | CUSIP: 629209AC1<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1143197.15   | 0.23%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NNN REIT Inc                                                                                                                  | NNN REIT Inc 3.50 10/15/2027                                                              | CUSIP: 637417AK2<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |    364000 | PA      | $355393.45    | 0.07%             | 2027-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NNN REIT Inc                                                                                                                  | NNN REIT Inc 5.50 06/15/2034                                                              | CUSIP: 637417AT3<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1191936.46   | 0.24%             | 2034-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP / VICI Note Co Inc                                                                                         | VICI Properties LP / VICI Note Co Inc 4.13 08/15/2030                                     | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1174868.53   | 0.23%             | 2030-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                                                                                            | VICI Properties LP 5.75 04/01/2034                                                        | CUSIP: 925650AF0<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    715000 | PA      | $717957.96    | 0.14%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                                                                                            | VICI Properties LP 4.75 04/01/2028                                                        | CUSIP: 925650AJ2<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   1640000 | PA      | $1640355.88   | 0.32%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                                                                            | Expand Energy Corp 6.75 04/15/2029                                                        | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   2506000 | PA      | $2536991.70   | 0.50%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                                                                      | Vistra Operations Co LLC 6.00 04/15/2034                                                  | CUSIP: 92840VAS1<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1042000 | PA      | $1057464.32   | 0.21%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                                                                                       | Volkswagen Group of America Finance LLC 4.95 03/25/2027                                   | CUSIP: 928668CN0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2335000 | PA      | $2335704.75   | 0.46%             | 2027-03-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                                                                            | Voya Financial Inc 5.00 09/20/2034                                                        | CUSIP: 929089AH3<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1263119.47   | 0.25%             | 2034-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comerica Inc                                                                                                                  | Comerica Inc (pfd) 5.63% 10/01/2173 Perpetual                                             | CUSIP: 200340AU1<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EP               | CORP              | US        |    875000 | NS      | $875592.90    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Comerica Inc                                                                                                                  | Comerica Inc 5.98 01/30/2030                                                              | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1306380.16   | 0.26%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                                                                                              | Comision Federal de Electricidad 6.45 01/24/2035                                          | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    485000 | PA      | $466997.96    | 0.09%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                                                                        | Commonwealth Edison Co 5.30 02/01/2053                                                    | CUSIP: 202795JY7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |   2055000 | PA      | $1881622.36   | 0.37%             | 2053-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| International Game Technology PLC                                                                                             | International Game Technology PLC 5.25 01/15/2029                                         | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | US        |    700000 | PA      | $689051.44    | 0.14%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                                                                           | Intesa Sanpaolo SpA 8.25 11/21/2033                                                       | CUSIP: 46115HBV8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   4030000 | PA      | $4593857.45   | 0.91%             | 2033-11-21      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                                                                     | IQVIA Inc 6.25 02/01/2029                                                                 | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   2140000 | PA      | $2218561.54   | 0.44%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 4.01 04/23/2029                                                       | CUSIP: 46647PAR7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3545769.56   | 0.70%             | 2029-04-23      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 5.34 01/23/2035                                                       | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3950000 | PA      | $3975774.90   | 0.78%             | 2035-01-23      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 5.77 04/22/2035                                                       | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3003000 | PA      | $3106752.66   | 0.61%             | 2035-04-22      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 4.51 10/22/2028                                                       | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3760000 | PA      | $3752895.59   | 0.74%             | 2028-10-22      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 5.10 04/22/2031                                                       | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    730000 | PA      | $740772.24    | 0.15%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Keysight Technologies Inc                                                                                                     | Keysight Technologies Inc 5.35 07/30/2030                                                 | CUSIP: 49338LAH6<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    863000 | PA      | $880844.96    | 0.17%             | 2030-07-30      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                                                              | Kilroy Realty LP 4.25 08/15/2029                                                          | CUSIP: 49427RAK8<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   1985000 | PA      | $1876747.45   | 0.37%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                                                              | Kilroy Realty LP 2.65 11/15/2033                                                          | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   2055000 | PA      | $1580270.16   | 0.31%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Inc                                                                                                             | Kinder Morgan Inc 5.15 06/01/2030                                                         | CUSIP: 49456BBB6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    265000 | PA      | $267577.45    | 0.05%             | 2030-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Kyndryl Holdings Inc                                                                                                          | Kyndryl Holdings Inc 3.15 10/15/2031                                                      | CUSIP: 50155QAL4<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1308437.72   | 0.26%             | 2031-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Kyndryl Holdings Inc                                                                                                          | Kyndryl Holdings Inc 6.35 02/20/2034                                                      | CUSIP: 50155QAN0<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   1843000 | PA      | $1934572.33   | 0.38%             | 2034-02-20      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| LPL Holdings Inc                                                                                                              | LPL Holdings Inc 4.00 03/15/2029                                                          | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1568344.86   | 0.31%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc                                                                                                              | LPL Holdings Inc 5.15 06/15/2030                                                          | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1095000 | PA      | $1097897.19   | 0.22%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| L3Harris Technologies Inc                                                                                                     | L3Harris Technologies Inc 5.25 06/01/2031                                                 | CUSIP: 502431AT6<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2245094.70   | 0.44%             | 2031-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029        | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    940000 | PA      | $911185.43    | 0.18%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031        | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2115000 | PA      | $2194682.63   | 0.43%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 6.88 08/04/2026                                                       | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1342000 | PA      | $1330072.04   | 0.26%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 6.50 03/13/2027                                                       | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1281000 | PA      | $1257521.58   | 0.25%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 5.35 02/12/2028                                                       | CUSIP: 71654QCK6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    223000 | PA      | $209740.04    | 0.04%             | 2028-02-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 6.49 01/23/2027                                                       | CUSIP: 71654QDB5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    786000 | PA      | $771708.71    | 0.15%             | 2027-01-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                                                                           | Societe Generale SA 5.51 05/22/2031                                                       | CUSIP: 83368RCG5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    561000 | PA      | $565343.26    | 0.11%             | 2031-05-22      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                                                                            | Expand Energy Corp 5.38 03/15/2030                                                        | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   1339000 | PA      | $1332769.35   | 0.26%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp                                                                                                          | OneMain Finance Corp 7.13 03/15/2026                                                      | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    332000 | PA      | $336727.35    | 0.07%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                                                                           | Sprint Capital Corp 6.88 11/15/2028                                                       | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2461010.81   | 0.49%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Store Capital LLC                                                                                                             | Store Capital LLC 5.40 04/30/2030                                                         | CUSIP: 862123AA4<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1793334.64   | 0.35%             | 2030-04-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                                                                  | Synopsys Inc 5.00 04/01/2032                                                              | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1356000 | PA      | $1358893.42   | 0.27%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Take-Two Interactive Software Inc                                                                                             | Take-Two Interactive Software Inc 5.40 06/12/2029                                         | CUSIP: 874054AM1<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    940000 | PA      | $959652.54    | 0.19%             | 2029-06-12      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Tapestry Inc                                                                                                                  | Tapestry Inc 5.50 03/11/2035                                                              | CUSIP: 876030AL1<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    925000 | PA      | $907669.99    | 0.18%             | 2035-03-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Targa Resources Partners LP / Targa Resources Partners Finance Corp                                                           | Targa Resources Partners LP / Targa Resources Partners Finance Corp                       | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1468368.44   | 0.29%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TEGNA Inc                                                                                                                     | TEGNA Inc 4.75 03/15/2026                                                                 | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1198434.56   | 0.24%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                                                                         | Tenet Healthcare Corp 5.13 11/01/2027                                                     | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1332505.78   | 0.26%             | 2027-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                                                                         | Time Warner Cable LLC 6.55 05/01/2037                                                     | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |   2779000 | PA      | $2798898.86   | 0.55%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                                                                     | Toronto-Dominion Bank/The 8.13 10/31/2082                                                 | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    957000 | PA      | $1004688.27   | 0.20%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Trans-Allegheny Interstate Line Co                                                                                            | Trans-Allegheny Interstate Line Co 5.00 01/15/2031                                        | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    956000 | PA      | $963778.52    | 0.19%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                                                                               | Trust Fibra Uno 4.87 01/15/2030                                                           | CUSIP: 898339AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    550000 | PA      | $514799.62    | 0.10%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                                                                               | Trust Fibra Uno 7.70 01/23/2032                                                           | CUSIP: 89834JAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    426000 | PA      | $435962.59    | 0.09%             | 2032-01-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                                                                                                 | UniCredit SpA 5.86 06/19/2032                                                             | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1450000 | PA      | $1453937.30   | 0.29%             | 2032-06-19      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                                                                              | United Rentals North America Inc 6.00 12/15/2029                                          | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   2290000 | PA      | $2330370.41   | 0.46%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Cellular Corp                                                                                                   | United States Cellular Corp 6.70 12/15/2033                                               | CUSIP: 911684AD0<br>LEI: 549300B164AZXESI6E03 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1325491.05   | 0.26%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                                                                                   | Truist Bank 4.63 09/17/2029                                                               | CUSIP: 07330MAC1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   1985000 | PA      | $1944941.83   | 0.38%             | 2029-09-17      | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| Beacon Funding Trust                                                                                                          | Beacon Funding Trust 6.27 08/15/2054                                                      | CUSIP: 073952AB9<br>LEI: 984500A80A2EBF5A7C93 | Long             | DBT              | CORP              | US        |    750000 | PA      | $719645.05    | 0.14%             | 2054-08-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                                                              | Black Hills Corp 6.00 01/15/2035                                                          | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   1767000 | PA      | $1802973.19   | 0.36%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Black Knight InfoServ LLC                                                                                                     | Black Knight InfoServ LLC 3.63 09/01/2028                                                 | CUSIP: 092174AA9<br>LEI: 549300H5PS5C68DAUX66 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6651.75      | 0.00%             | 2028-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                                                | Blackstone Private Credit Fund 7.05 09/29/2025                                            | CUSIP: 09261HBA4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1071842.33   | 0.21%             | 2025-09-29      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                                                | Blackstone Private Credit Fund 7.30 11/27/2028                                            | CUSIP: 09261HBC0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    732000 | PA      | $775471.90    | 0.15%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                                                | Blackstone Private Credit Fund 5.95 07/16/2029                                            | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    609000 | PA      | $614809.63    | 0.12%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                                                                              | Blue Owl Technology Finance Corp 6.10 03/15/2028                                          | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |   1788000 | PA      | $1773460.09   | 0.35%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                                                                 | Boeing Co/The 5.71 05/01/2040                                                             | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1095000 | PA      | $1057352.50   | 0.21%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                                                                | Bombardier Inc 7.25 07/01/2031                                                            | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    884000 | PA      | $912730.88    | 0.18%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| Boston Gas Co                                                                                                                 | Boston Gas Co 5.84 01/10/2035                                                             | CUSIP: 100743AP8<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |   1152000 | PA      | $1179714.12   | 0.23%             | 2035-01-10      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                                                                                                | Braskem Netherlands Finance BV 4.50 01/31/2030                                            | CUSIP: 10554TAD7<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |   1170000 | PA      | $960340.45    | 0.19%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                                                                       | Bristol-Myers Squibb Co 5.50 02/22/2044                                                   | CUSIP: 110122EJ3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    715000 | PA      | $694658.10    | 0.14%             | 2044-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                                                                       | Bristol-Myers Squibb Co 5.55 02/22/2054                                                   | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   2695000 | PA      | $2561010.37   | 0.51%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                                                                  | Broadcom Inc 5.20 04/15/2032                                                              | CUSIP: 11135FCG4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    444000 | PA      | $451037.06    | 0.09%             | 2032-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                                                                  | CCO Holdings LLC / CCO Holdings Capital Corp 5.13 05/01/2027                              | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1167000 | PA      | $1155690.02   | 0.23%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                                                                 | CME Group Inc 4.40 03/15/2030                                                             | CUSIP: 12572QAL9<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |   3215000 | PA      | $3210089.76   | 0.63%             | 2030-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                                                                       | CNO Financial Group Inc 5.25 05/30/2029                                                   | CUSIP: 12621EAL7<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198201.74   | 0.24%             | 2029-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                                                                       | CNO Financial Group Inc 6.45 06/15/2034                                                   | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    819000 | PA      | $843889.75    | 0.17%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                                                                                                       | CRH America Finance Inc 5.50 01/09/2035                                                   | CUSIP: 12636YAF9<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1320709.81   | 0.26%             | 2035-01-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                               | CVS Health Corp 5.05 03/25/2048                                                           | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2069037.22   | 0.41%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                               | CVS Health Corp 5.25 02/21/2033                                                           | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1704000 | PA      | $1679659.06   | 0.33%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                               | CVS Health Corp 7.00 03/10/2055                                                           | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    757000 | PA      | $764393.62    | 0.15%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                                                            | Canadian Imperial Bank of Commerce 4.86 03/30/2029                                        | CUSIP: 13607PH98<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   2905000 | PA      | $2921292.87   | 0.58%             | 2029-03-30      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                                                                 | Carnival Corp 4.00 08/01/2028                                                             | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   2226000 | PA      | $2152263.75   | 0.42%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                                                               | Caterpillar Inc 5.20 05/15/2035                                                           | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    983000 | PA      | $986898.72    | 0.19%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 6.42 07/15/2027                                                  | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1600443.20   | 0.32%             | 2027-07-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Centene Corp                                                                                                                  | Centene Corp 2.50 03/01/2031                                                              | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   3663000 | PA      | $3112461.36   | 0.61%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHEVRON U.S.A. INC                                                                                                            | Chevron USA Inc 2.34 08/12/2050                                                           | CUSIP: 166756AH9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   4515000 | PA      | $2500045.62   | 0.49%             | 2050-08-12      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Chile Electricity Lux Mpc II Sarl                                                                                             | Chile Electricity Lux Mpc II Sarl 5.67 10/20/2035                                         | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    468000 | PA      | $466724.70    | 0.09%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Cisco Systems Inc/Delaware                                                                                                    | Cisco Systems Inc 4.75 02/24/2030                                                         | CUSIP: 17275RBX9<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |   1063000 | PA      | $1081137.09   | 0.21%             | 2030-02-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cisco Systems Inc/Delaware                                                                                                    | Cisco Systems Inc 5.50 02/24/2055                                                         | CUSIP: 17275RCA8<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1273649.53   | 0.25%             | 2055-02-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 3.88% 05/18/2174 Perpetual                                            | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   1090000 | NS      | $1070576.51   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                                                                                   | Citibank NA 4.91 05/29/2030                                                               | CUSIP: 17325FBP2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    762000 | PA      | $768667.66    | 0.15%             | 2030-05-29      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc 5.61 03/04/2056                                                             | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2764852.32   | 0.55%             | 2056-03-04      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 7.50 09/15/2031                                                      | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    537000 | PA      | $483426.52    | 0.10%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Holding Co                                                                                                 | Columbia Pipelines Holding Co LLC 5.68 01/15/2034                                         | CUSIP: 19828AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2435000 | PA      | $2409030.07   | 0.48%             | 2034-01-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co LLC                                                                                           | Columbia Pipelines Operating Co LLC 6.04 11/15/2033                                       | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1879567.97   | 0.37%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                                                                        | Commonwealth Edison Co 5.95 06/01/2055                                                    | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    543000 | PA      | $544311.52    | 0.11%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips Co                                                                                                             | ConocoPhillips Co 4.85 01/15/2032                                                         | CUSIP: 20826FBK1<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |   2980000 | PA      | $2972900.60   | 0.59%             | 2032-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                                                                           | Consumers Energy Co 4.50 01/15/2031                                                       | CUSIP: 210518DY9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   1483000 | PA      | $1473474.11   | 0.29%             | 2031-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                                                                                      | Corebridge Financial Inc 6.38 09/15/2054                                                  | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    964000 | PA      | $940457.96    | 0.19%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc                                                                                                                 | CoreWeave Inc 9.25 06/01/2030                                                             | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1349673.42   | 0.27%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Cousins Properties LP                                                                                                         | Cousins Properties LP 5.38 02/15/2032                                                     | CUSIP: 222793AB7<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |   1364000 | PA      | $1355822.94   | 0.27%             | 2032-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                                                                            | Credit Agricole SA 5.22 05/27/2031                                                        | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    748000 | PA      | $754831.84    | 0.15%             | 2031-05-27      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| DR Horton Inc                                                                                                                 | DR Horton Inc 4.85 10/15/2030                                                             | CUSIP: 23331ABT5<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1123745.69   | 0.22%             | 2030-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                                                               | DTE Electric Co 4.25 05/14/2027                                                           | CUSIP: 23338VAW6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1203870.44   | 0.24%             | 2027-05-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                                                                             | Dell International LLC / EMC Corp 4.75 04/01/2028                                         | CUSIP: 24703TAL0<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   1329000 | PA      | $1335391.12   | 0.26%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                                                                             | Dell International LLC / EMC Corp 5.30 04/01/2032                                         | CUSIP: 24703TAN6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    808000 | PA      | $811865.85    | 0.16%             | 2032-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc                                                                                                           | Delta Air Lines Inc 3.75 10/28/2029                                                       | CUSIP: 247361ZT8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1504688.00   | 0.30%             | 2029-10-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                                                              | Deutsche Bank AG (pfd) 6.00% 04/30/2174 Perpetual                                         | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EP               | CORP              | DE        |    800000 | NS      | $797361.52    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                                                                                        | Diamondback Energy Inc 5.40 04/18/2034                                                    | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1989000 | PA      | $1952711.49   | 0.39%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                                                                           | Dominion Energy Inc 4.90 08/01/2041                                                       | CUSIP: 25746UBM0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $1973568.78   | 0.39%             | 2041-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                                                                      | Duke Energy Progress LLC 5.35 03/15/2053                                                  | CUSIP: 26442UAR5<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   1995000 | PA      | $1837245.43   | 0.36%             | 2053-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                                                                      | Duke Energy Progress LLC 5.55 03/15/2055                                                  | CUSIP: 26442UAV6<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   1295000 | PA      | $1235359.33   | 0.24%             | 2055-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                                                                       | Duke Energy Indiana LLC 5.40 04/01/2053                                                   | CUSIP: 26443TAD8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1709320.36   | 0.34%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                                                                       | Duke Energy Florida LLC 5.95 11/15/2052                                                   | CUSIP: 26444HAN1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $4846121.50   | 0.96%             | 2052-11-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                                                                       | Eni SpA 5.95 05/15/2054                                                                   | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |   2000000 | PA      | $1873660.68   | 0.37%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                                                                      | Electricite de France SA 6.38 01/13/2055                                                  | CUSIP: 28504DAG8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   2830000 | PA      | $2788461.46   | 0.55%             | 2055-01-13      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                                                                  | Enbridge Inc 6.00 01/15/2077                                                              | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   2235000 | PA      | $2210863.12   | 0.44%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Encino Acquisition Partners Holdings LLC                                                                                      | Encino Acquisition Partners Holdings LLC 8.50 05/01/2028                                  | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026369.90   | 0.20%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc                                                                                                      | Encore Capital Group Inc 9.25 04/01/2029                                                  | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    486000 | PA      | $518805.00    | 0.10%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Enerflex Ltd                                                                                                                  | Enerflex Ltd 9.00 10/15/2027                                                              | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |    583000 | PA      | $601034.52    | 0.12%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                            | Energy Transfer LP 6.13 12/15/2045                                                        | CUSIP: 29273RBJ7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2115000 | PA      | $2018883.36   | 0.40%             | 2045-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                            | Energy Transfer LP (pfd) 6.50% 11/15/2173 Perpetual                                       | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |   3115000 | NS      | $3114939.26   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                            | Energy Transfer LP 6.55 12/01/2033                                                        | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2311302.79   | 0.46%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                            | Energy Transfer LP 5.25 07/01/2029                                                        | CUSIP: 29273VAZ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1291159.38   | 0.25%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Engie SA                                                                                                                      | Engie SA 5.88 04/10/2054                                                                  | CUSIP: 29286DAC9<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |   2655000 | PA      | $2536435.98   | 0.50%             | 2054-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Essent Group Ltd                                                                                                              | Essent Group Ltd 6.25 07/01/2029                                                          | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1253109.90   | 0.25%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Essential Properties LP                                                                                                       | Essential Properties LP 2.95 07/15/2031                                                   | CUSIP: 29670VAA7<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              | CORP              | US        |    794000 | PA      | $694990.40    | 0.14%             | 2031-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Westar Energy Inc                                                                                                             | Evergy Kansas Central Inc 4.70 03/13/2028                                                 | CUSIP: 30036FAE1<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |   1602000 | PA      | $1612045.97   | 0.32%             | 2028-03-13      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Excelerate Energy LP                                                                                                          | Excelerate Energy LP 0.00 05/15/2030                                                      | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |    309000 | PA      | $320118.25    | 0.06%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life Inc                                                                                                      | F&G Annuities & Life Inc 6.50 06/04/2029                                                  | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    448000 | PA      | $458208.05    | 0.09%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life Inc                                                                                                      | F&G Annuities & Life Inc 6.25 10/04/2034                                                  | CUSIP: 30190AAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    638000 | PA      | $617487.31    | 0.12%             | 2034-10-04      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Expedia Group Inc                                                                                                             | Expedia Group Inc 5.40 02/15/2035                                                         | CUSIP: 30212PBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1434000 | PA      | $1415257.95   | 0.28%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| First Industrial LP                                                                                                           | First Industrial LP 5.25 01/15/2031                                                       | CUSIP: 32055RAS6<br>LEI: 86MKNB3IKYZZT3E3OV11 | Long             | DBT              | CORP              | US        |    575000 | PA      | $575777.38    | 0.11%             | 2031-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| First Horizon Bank                                                                                                            | First Horizon Bank 5.75 05/01/2030                                                        | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |    601000 | PA      | $605103.00    | 0.12%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                                                                      | Florida Power & Light Co 4.13 02/01/2042                                                  | CUSIP: 341081FF9<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   3555000 | PA      | $2965943.08   | 0.59%             | 2042-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Flowers Foods Inc                                                                                                             | Flowers Foods Inc 5.75 03/15/2035                                                         | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1205482.70   | 0.24%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 6.13 03/08/2034                                                  | CUSIP: 345397E66<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |   2165000 | PA      | $2058084.77   | 0.41%             | 2034-03-08      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Fortitude Group Holdings LLC                                                                                                  | Fortitude Group Holdings LLC 6.25 04/01/2030                                              | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |    717000 | PA      | $726410.75    | 0.14%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                                                                         | Foundry JV Holdco LLC 5.50 01/25/2031                                                     | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    999000 | PA      | $1012633.96   | 0.20%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                                                                         | Foundry JV Holdco LLC 6.10 01/25/2036                                                     | CUSIP: 350930AH6<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    892000 | PA      | $906945.59    | 0.18%             | 2036-01-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                                                                         | Foundry JV Holdco LLC 6.30 01/25/2039                                                     | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   2581000 | PA      | $2653506.38   | 0.52%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                                 | Freedom Mortgage Holdings LLC 9.25 02/01/2029                                             | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    732000 | PA      | $755306.88    | 0.15%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings LLC                                                                                          | Frontier Communications Holdings LLC 8.63 03/15/2031                                      | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2385000 | PA      | $2540747.39   | 0.50%             | 2031-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| GLP Capital LP / GLP Financing II Inc                                                                                         | GLP Capital LP / GLP Financing II Inc 5.38 04/15/2026                                     | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1497635.27   | 0.30%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                                                                            | Ally Financial Inc 8.00 11/01/2031                                                        | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1452000 | PA      | $1625442.30   | 0.32%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                                                                             | GXO Logistics Inc 6.50 05/06/2034                                                         | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   2532000 | PA      | $2590374.35   | 0.51%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                                                               | General Motors Financial Co Inc 5.60 06/18/2031                                           | CUSIP: 37045XEY8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |   1360000 | PA      | $1366003.75   | 0.27%             | 2031-06-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Genpact Luxembourg SARL/Genpact USA Inc                                                                                       | Genpact Luxembourg SARL/Genpact USA Inc 6.00 06/04/2029                                   | CUSIP: 37190AAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    696000 | PA      | $717773.36    | 0.14%             | 2029-06-04      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                                                          | Glencore Funding LLC 5.89 04/04/2054                                                      | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1016738.17   | 0.20%             | 2054-04-04      | Fixed         | 5.89%                 | No            |                  2 | On Loan: —       |
| Glencore Funding LLC                                                                                                          | Glencore Funding LLC 5.19 04/01/2030                                                      | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1305501.44   | 0.26%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Fin Co                                                                                                        | Global Atlantic Fin Co 7.95 06/15/2033                                                    | CUSIP: 37959GAD9<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    831000 | PA      | $927200.27    | 0.18%             | 2033-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The 5.56 11/19/2045                                               | CUSIP: 38141GB86<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1923000 | PA      | $1842322.82   | 0.36%             | 2045-11-19      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The 3.10 02/24/2033                                               | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1458000 | PA      | $1288191.65   | 0.25%             | 2033-02-24      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The (pfd) 7.38% 02/10/2174 Perpetual                              | CUSIP: 38148BAE8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    667000 | NS      | $671656.33    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA/New York NY                                                                                            | Goldman Sachs Bank USA/New York NY 5.41 05/21/2027                                        | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   3855000 | PA      | $3882888.46   | 0.77%             | 2027-05-21      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Golub Capital BDC Inc                                                                                                         | Golub Capital BDC Inc 6.00 07/15/2029                                                     | CUSIP: 38173MAE2<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    901000 | PA      | $911890.18    | 0.18%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                                                                                             | Golub Capital Private Credit Fund 5.80 09/12/2029                                         | CUSIP: 38179RAA3<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    860000 | PA      | $851894.50    | 0.17%             | 2029-09-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                                                                                             | Golub Capital Private Credit Fund 5.88 05/01/2030                                         | CUSIP: 38179RAC9<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    447000 | PA      | $443407.72    | 0.09%             | 2030-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco Sarl                                                                                                | Greensaif Pipelines Bidco Sarl 5.85 02/23/2036                                            | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   1591000 | PA      | $1594195.13   | 0.31%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                                                                       | HCA Inc 5.60 04/01/2034                                                                   | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1321000 | PA      | $1328796.69   | 0.26%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                                                                       | HCA Inc 5.25 03/01/2030                                                                   | CUSIP: 404119CZ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    541000 | PA      | $549309.05    | 0.11%             | 2030-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                                                                       | HCA Inc 6.20 03/01/2055                                                                   | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1078000 | PA      | $1053258.99   | 0.21%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                             | HSBC Holdings PLC (pfd) 7.05% 12/05/2173 Perpetual                                        | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |    865000 | NS      | $867240.77    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC USA Inc                                                                                                                  | HSBC USA Inc 4.65 06/03/2028                                                              | CUSIP: 40428HR95<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |   3249000 | PA      | $3258594.17   | 0.64%             | 2028-06-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                                                                                    | HPS Corporate Lending Fund 6.25 09/30/2029                                                | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    735000 | PA      | $747038.84    | 0.15%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                                                                                    | HPS Corporate Lending Fund 5.45 01/14/2028                                                | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    615000 | PA      | $615085.71    | 0.12%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| Hartford Insurance Group Inc/The                                                                                              | Hartford Insurance Group Inc/The 2.80 08/19/2029                                          | CUSIP: 416515BE3<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |    519000 | PA      | $483883.86    | 0.10%             | 2029-08-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Escrow Inc                                                                                                      | Herc Holdings Escrow Inc 7.25 06/15/2033                                                  | CUSIP: 42703NAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    534000 | PA      | $549967.63    | 0.11%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                                                             | Herc Holdings Inc 5.50 07/15/2027                                                         | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198669.80    | 0.04%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Highwoods Realty LP                                                                                                           | Highwoods Realty LP 4.20 04/15/2029                                                       | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |   1263000 | PA      | $1213186.33   | 0.24%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Holcim Finance US LLC                                                                                                         | Holcim Finance US LLC 4.70 04/07/2028                                                     | CUSIP: 43475RAB2<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   2390000 | PA      | $2402919.07   | 0.47%             | 2028-04-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                                                                                                            | Home Depot Inc/The 4.95 06/25/2034                                                        | CUSIP: 437076DE9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   2210000 | PA      | $2211802.03   | 0.44%             | 2034-06-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                                                                                                            | Home Depot Inc/The 5.30 06/25/2054                                                        | CUSIP: 437076DF6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   2065000 | PA      | $1932856.85   | 0.38%             | 2054-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                                                                    | Humana Inc 5.38 04/15/2031                                                                | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   3302000 | PA      | $3324388.55   | 0.66%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH                                                                                                  | Huntington Bancshares Inc/OH 6.14 11/18/2039                                              | CUSIP: 446150BF0<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1212349.74   | 0.24%             | 2039-11-18      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                                                                             | Hyatt Hotels Corp 5.25 06/30/2029                                                         | CUSIP: 448579AR3<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1738754.86   | 0.34%             | 2029-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                                                                             | Hyatt Hotels Corp 5.05 03/30/2028                                                         | CUSIP: 448579AU6<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   2205000 | PA      | $2216520.71   | 0.44%             | 2028-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                                                                             | Hyatt Hotels Corp 5.75 03/30/2032                                                         | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1413809.21   | 0.28%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Icon Investments Six DAC                                                                                                      | Icon Investments Six DAC 6.00 05/08/2034                                                  | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |   2165000 | PA      | $2168256.48   | 0.43%             | 2034-05-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                                                                          | Appalachian Power Co 2.70 04/01/2031                                                      | CUSIP: 037735CZ8<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |   3180000 | PA      | $2814106.78   | 0.56%             | 2031-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                                                                     | Apple Inc 4.20 05/12/2030                                                                 | CUSIP: 037833EZ9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    534000 | PA      | $532650.22    | 0.11%             | 2030-05-12      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                                                                     | Apple Inc 4.50 05/12/2032                                                                 | CUSIP: 037833FA3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    780000 | PA      | $776022.06    | 0.15%             | 2032-05-12      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                                                                                 | AppLovin Corp 5.38 12/01/2031                                                             | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   2280000 | PA      | $2301997.55   | 0.45%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Aptiv Swiss Holdings Ltd                                                                                                      | Aptiv Swiss Holdings Ltd 6.88 12/15/2054                                                  | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    439000 | PA      | $431063.28    | 0.09%             | 2054-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp                                                                                                             | Ares Capital Corp 3.25 07/15/2025                                                         | CUSIP: 04010LAY9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   1074000 | PA      | $1071656.00   | 0.21%             | 2025-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                                                                    | Ares Strategic Income Fund 6.35 08/15/2029                                                | CUSIP: 04020EAB3<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    914000 | PA      | $926828.29    | 0.18%             | 2029-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| Arizona Public Service Co                                                                                                     | Arizona Public Service Co 5.70 08/15/2034                                                 | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |   2469000 | PA      | $2503243.35   | 0.49%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc                                                                                                           | Ashtead Capital Inc 5.95 10/15/2033                                                       | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1847000 | PA      | $1867261.70   | 0.37%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                                                                         | Athene Global Funding 5.53 07/11/2031                                                     | CUSIP: 04685A3Z2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3230000 | PA      | $3273744.50   | 0.65%             | 2031-07-11      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                                                                                 | Atlas Warehouse Lending Co LP 6.25 01/15/2030                                             | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   2096000 | PA      | $2106134.33   | 0.42%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Automatic Data Processing Inc                                                                                                 | Automatic Data Processing Inc 4.75 05/08/2032                                             | CUSIP: 053015AJ2<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    657000 | PA      | $659327.66    | 0.13%             | 2032-05-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd                                                                                                   | Avolon Holdings Funding Ltd 6.38 05/04/2028                                               | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |    577000 | PA      | $597478.83    | 0.12%             | 2028-05-04      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd                                                                                                   | Avolon Holdings Funding Ltd 5.15 01/15/2030                                               | CUSIP: 05401AAX9<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |    423000 | PA      | $421716.28    | 0.08%             | 2030-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                                           | Axon Enterprise Inc 6.13 03/15/2030                                                       | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    662000 | PA      | $676828.91    | 0.13%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                                                                               | BAE Systems PLC 5.25 03/26/2031                                                           | CUSIP: 05523RAK3<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   2800000 | PA      | $2866851.06   | 0.57%             | 2031-03-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                                                                | BNP Paribas SA (pfd) 4.63% 07/12/2173 Perpetual                                           | CUSIP: 05565AB28<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    800000 | NS      | $768900.40    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                                                                                       | BPCE SA 7.00 10/19/2034                                                                   | CUSIP: 05571AAS4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   4610000 | PA      | $4995737.42   | 0.99%             | 2034-10-19      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                                                                       | BPCE SA 3.65 01/14/2037                                                                   | CUSIP: 05578QAH6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    334000 | PA      | $289152.57    | 0.06%             | 2037-01-14      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                                                                      | AT&T Inc 6.38 03/01/2041                                                                  | CUSIP: 00206RDG4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1485000 | PA      | $1540666.40   | 0.30%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                                                                      | AT&T Inc 5.15 11/15/2046                                                                  | CUSIP: 00206RHA3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1427988.70   | 0.28%             | 2046-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc/AAdvantage Loyalty IP Ltd                                                                               | American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026                           | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96873 | PA      | $96768.05     | 0.02%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                                                                    | AbbVie Inc 5.35 03/15/2044                                                                | CUSIP: 00287YDV8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1144086.58   | 0.23%             | 2044-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                                                                                                 | Aircastle Ltd (pfd) 5.25% 09/15/2173 Perpetual                                            | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | EP               | CORP              | US        |   1380000 | NS      | $1373820.50   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Aircastle Ltd / Aircastle Ireland DAC                                                                                         | Aircastle Ltd / Aircastle Ireland DAC 5.75 10/01/2031                                     | CUSIP: 00929JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    827000 | PA      | $840194.98    | 0.17%             | 2031-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 3.25 03/15/2026     | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1231063.50   | 0.24%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Bread Financial Holdings Inc                                                                                                  | Bread Financial Holdings Inc 8.38 06/15/2035                                              | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   1304000 | PA      | $1267325.78   | 0.25%             | 2035-06-15      | Variable      | 8.38%                 | No            |                  2 | On Loan: —       |
| BPCE SA                                                                                                                       | BPCE SA 5.39 05/28/2031                                                                   | CUSIP: 056121AA4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    617000 | PA      | $622451.76    | 0.12%             | 2031-05-28      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| Bain Capital Specialty Finance Inc                                                                                            | Bain Capital Specialty Finance Inc 5.95 03/15/2030                                        | CUSIP: 05684BAD9<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |   1159000 | PA      | $1143103.06   | 0.23%             | 2030-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                                                                            | Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2174 Perpetual                       | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EP               | CORP              | ES        |   2000000 | NS      | $1929308.14   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                                                                            | Banco Santander SA (pfd) 4.75% 08/12/2173 Perpetual                                       | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EP               | CORP              | ES        |    800000 | NS      | $768256.40    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple                                                              | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple 7.25 01/31/2041          | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1496347 | PA      | $1479138.76   | 0.29%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp 5.93 09/15/2027                                                      | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   8180000 | PA      | $8309161.71   | 1.64%             | 2027-09-15      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp 5.47 01/23/2035                                                      | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6460000 | PA      | $6529793.58   | 1.29%             | 2035-01-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                                                                  | Barclays PLC (pfd) 6.13% 12/15/2173 Perpetual                                             | CUSIP: 06738EBN4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EP               | CORP              | GB        |    790000 | NS      | $789268.93    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                                                                    | State Street Institutional US Government Money Market Fund                                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  12271100 | NS      | $12271099.57  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                                                                                                    | Intel Corp 3.90 03/25/2030                                                                | CUSIP: 458140BR0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    995000 | PA      | $952877.71    | 0.19%             | 2030-03-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Weir Group Inc                                                                                                                | Weir Group Inc 5.35 05/06/2030                                                            | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |   1498000 | PA      | $1504748.49   | 0.30%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                                                              | Wells Fargo & Co 5.56 07/25/2034                                                          | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   5631000 | PA      | $5704922.42   | 1.13%             | 2034-07-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                                                                    | Intel Corp 5.70 02/10/2053                                                                | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    525000 | PA      | $471468.84    | 0.09%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                                                                    | Intel Corp 5.15 02/21/2034                                                                | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1052653.78   | 0.21%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |
| Intel Corp                                                                                                                    | Intel Corp 5.60 02/21/2054                                                                | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    778000 | PA      | $691410.91    | 0.14%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp                                                                                                              | Lamar Media Corp 3.75 02/15/2028                                                          | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1005000 | PA      | $973005.22    | 0.19%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                                                                                      | Liberty Mutual Group Inc 4.13 12/15/2051                                                  | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $963039.71    | 0.19%             | 2051-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                                                                         | Lincoln National Corp 7.00 06/15/2040                                                     | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    870000 | PA      | $952655.52    | 0.19%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Louisiana-Pacific Corp                                                                                                        | Louisiana-Pacific Corp 3.63 03/15/2029                                                    | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |   1184000 | PA      | $1119187.72   | 0.22%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Newmont Corp / Newcrest Finance Pty Ltd                                                                                       | Newmont Corp / Newcrest Finance Pty Ltd 5.35 03/15/2034                                   | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1981000 | PA      | $2001257.39   | 0.39%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                                                              | Wells Fargo & Co 4.90 01/24/2028                                                          | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7940000 | PA      | $7972711.93   | 1.57%             | 2028-01-24      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                                                              | Wells Fargo & Co 4.97 04/23/2029                                                          | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1168864.15   | 0.23%             | 2029-04-23      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                                                           | NextEra Energy Capital Holdings Inc 5.30 03/15/2032                                       | CUSIP: 65339KDK3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1176000 | PA      | $1196392.38   | 0.24%             | 2032-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc                                                                                                             | Nexstar Media Inc 5.63 07/15/2027                                                         | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1380327.43   | 0.27%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                                                                          | Westpac Banking Corp 5.62 11/20/2035                                                      | CUSIP: 961214FW8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   2430000 | PA      | $2413145.79   | 0.48%             | 2035-11-20      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Windfall Mining Group Inc / Groupe Minier Windfall Inc                                                                        | Windfall Mining Group Inc / Groupe Minier Windfall Inc 5.85 05/13/2032                    | CUSIP: 973244AA4<br>LEI: 984500E4L49391BFF948 | Long             | DBT              | CORP              | CA        |    586000 | PA      | $585934.95    | 0.12%             | 2032-05-13      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                                                                               | Nordea Bank Abp 4.63 09/13/2033                                                           | CUSIP: 65557FAH9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   2032000 | PA      | $2004706.20   | 0.40%             | 2033-09-13      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                                                                                   | Northern States Power Co/MN 5.65 05/15/2055                                               | CUSIP: 665772DA4<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $1426924.53   | 0.28%             | 2055-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc                                                                                                  | ZF North America Capital Inc 6.88 04/23/2032                                              | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    491000 | PA      | $450799.07    | 0.09%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Zions Bancorp NA                                                                                                              | Zions Bancorp NA 6.82 11/19/2035                                                          | CUSIP: 98971DAC4<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   1244000 | PA      | $1254661.89   | 0.25%             | 2035-11-19      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| CBOT 5 Year US Treasury Note                                                                                                  | US 5YR NOTE (CBT) Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       172 | NC      | $79649.91     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                                                                                                  | UBS Group AG (pfd) 6.88% 08/07/2173 Perpetual                                             | CUSIP: H4209UAN6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EP               | CORP              | CH        |   1310000 | NS      | $1311766.86   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                                                                           | Northern Trust Corp 3.38 05/08/2032                                                       | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1416295.88   | 0.28%             | 2032-05-08      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Nuveen Churchill Direct Lending Corp                                                                                          | Nuveen Churchill Direct Lending Corp 6.65 03/15/2030                                      | CUSIP: 67090SAA6<br>LEI: 254900X3ULEP6XX7HG39 | Long             | DBT              | CORP              | US        |    985000 | PA      | $1003300.67   | 0.20%             | 2030-03-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: —       |
| Occidental Petroleum Corp                                                                                                     | Occidental Petroleum Corp 6.13 01/01/2031                                                 | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    570000 | PA      | $580719.42    | 0.11%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                                                                     | Occidental Petroleum Corp 5.38 01/01/2032                                                 | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1306000 | PA      | $1261585.94   | 0.25%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                                                                   | Oracle Corp 3.60 04/01/2040                                                               | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   8065000 | PA      | $6303245.83   | 1.24%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                                                                   | Oracle Corp 6.00 08/03/2055                                                               | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63062.39     | 0.01%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Orbia Advance Corp SAB de CV                                                                                                  | Orbia Advance Corp SAB de CV 2.88 05/11/2031                                              | CUSIP: 68560EAB4<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |   1155000 | PA      | $948042.01    | 0.19%             | 2031-05-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Blue Owl Credit Income Corp                                                                                                   | Blue Owl Credit Income Corp 7.75 01/15/2029                                               | CUSIP: 69120VAW1<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1258450.05   | 0.25%             | 2029-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp                                                                                                         | Blue Owl Capital Corp 3.75 07/22/2025                                                     | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1074000 | PA      | $1071448.23   | 0.21%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp                                                                                                         | Blue Owl Capital Corp 5.95 03/15/2029                                                     | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    550000 | PA      | $549556.45    | 0.11%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc                                                                                                                 | PRA Group Inc 8.88 01/31/2030                                                             | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    900000 | PA      | $923657.92    | 0.18%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co                                                                                                   | Pacific Gas and Electric Co 4.20 06/01/2041                                               | CUSIP: 694308JU2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1645000 | PA      | $1247923.50   | 0.25%             | 2041-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Paychex Inc                                                                                                                   | Paychex Inc 5.10 04/15/2030                                                               | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    582000 | PA      | $589807.78    | 0.12%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Paychex Inc                                                                                                                   | Paychex Inc 5.35 04/15/2032                                                               | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    671000 | PA      | $681245.33    | 0.13%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                                                               | PennyMac Financial Services Inc 7.13 11/15/2030                                           | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1518000 | PA      | $1552475.30   | 0.31%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                                                               | PennyMac Financial Services Inc 6.88 02/15/2033                                           | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1073000 | PA      | $1080103.26   | 0.21%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                                                                   | PepsiCo Inc 5.00 02/07/2035                                                               | CUSIP: 713448GC6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1927355.42   | 0.38%             | 2035-02-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 4.50 01/23/2026                                                       | CUSIP: 71654QBW1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $490772.45    | 0.10%             | 2026-01-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Piedmont Operating Partnership LP                                                                                             | Piedmont Operating Partnership LP 3.15 08/15/2030                                         | CUSIP: 720198AE0<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    285000 | PA      | $251311.04    | 0.05%             | 2030-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                                                                             | Piedmont Operating Partnership LP 9.25 07/20/2028                                         | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |   1234000 | PA      | $1363062.44   | 0.27%             | 2028-07-20      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                                                                             | Piedmont Operating Partnership LP 6.88 07/15/2029                                         | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    534000 | PA      | $552979.20    | 0.11%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corp                                                                                                    | Pinnacle West Capital Corp 5.15 05/15/2030                                                | CUSIP: 723484AN1<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |   1497000 | PA      | $1514616.91   | 0.30%             | 2030-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                                                                      | Prudential Financial Inc 6.50 03/15/2054                                                  | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    840000 | PA      | $854898.48    | 0.17%             | 2054-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Service Electric and Gas Co                                                                                            | Public Service Electric and Gas Co 5.50 03/01/2055                                        | CUSIP: 74456QCV6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   3605000 | PA      | $3463225.62   | 0.68%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| QXO Building Products Inc                                                                                                     | QXO Building Products Inc 6.75 04/30/2032                                                 | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    343000 | PA      | $352552.51    | 0.07%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                                         | Quikrete Holdings Inc 6.38 03/01/2032                                                     | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508441.00    | 0.10%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                                         | Quikrete Holdings Inc 6.75 03/01/2033                                                     | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    460000 | PA      | $467153.46    | 0.09%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp                                                                                                            | Regal Rexnord Corp 6.30 02/15/2030                                                        | CUSIP: 758750AN3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1763423.92   | 0.35%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                                                                                        | Regions Financial Corp (pfd) 5.75% 09/15/2173 Perpetual                                   | CUSIP: 7591EPAR1<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |   1369000 | NS      | $1371306.22   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA PLC                                                                                                     | Rio Tinto Finance USA PLC 4.50 03/14/2028                                                 | CUSIP: 76720AAR7<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   2575000 | PA      | $2586294.31   | 0.51%             | 2028-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA PLC                                                                                                     | Rio Tinto Finance USA PLC 5.00 03/14/2032                                                 | CUSIP: 76720AAT3<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    550000 | PA      | $552466.29    | 0.11%             | 2032-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA PLC                                                                                                     | Rio Tinto Finance USA PLC 5.75 03/14/2055                                                 | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   1551000 | PA      | $1509222.28   | 0.30%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                                                                             | NatWest Group PLC (pfd) 8.00% 09/30/2173 Perpetual                                        | CUSIP: 780099CK1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EP               | CORP              | GB        |   1290000 | NS      | $1295496.69   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                                                                                   | Royal Caribbean Cruises Ltd 6.00 02/01/2033                                               | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1195015.21   | 0.24%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                                                                          | Royal Bank of Canada 5.15 02/04/2031                                                      | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1348000 | PA      | $1367873.25   | 0.27%             | 2031-02-04      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                                                                       | Charles Schwab Corp/The (pfd) 4.00% 06/01/2174 Perpetual                                  | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |   1003000 | NS      | $992465.68    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Funding BV                                                                                                            | Siemens Funding BV 5.80 05/28/2055                                                        | CUSIP: 82622RAF3<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    548000 | PA      | $555411.47    | 0.11%             | 2055-05-28      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Smurfit Kappa Treasury ULC                                                                                                    | Smurfit Kappa Treasury ULC 5.20 01/15/2030                                                | CUSIP: 83272GAD3<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    700000 | PA      | $708070.30    | 0.14%             | 2030-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                                                                                      | Snap Inc 6.88 03/01/2033                                                                  | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   1139000 | PA      | $1154873.10   | 0.23%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Snam SpA                                                                                                                      | Snam SpA 6.50 05/28/2055                                                                  | CUSIP: 83304JAC1<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |    740000 | PA      | $745271.02    | 0.15%             | 2055-05-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                                                                           | Societe Generale SA 3.65 07/08/2035                                                       | CUSIP: 83368RAY8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1486000 | PA      | $1336499.28   | 0.26%             | 2035-07-08      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 4.00 01/31/2031                                          | CUSIP: 91282CJX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    395000 | PA      | $394112.79    | 0.08%             | 2031-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 4.13 03/31/2031                                          | CUSIP: 91282CKF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1650000 | PA      | $1655059.58   | 0.33%             | 2031-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 4.38 01/31/2032                                          | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    745000 | PA      | $754792.67    | 0.15%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                                                                        | UnitedHealth Group Inc 5.50 07/15/2044                                                    | CUSIP: 91324PFK3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1693517.44   | 0.33%             | 2044-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                                                                        | UnitedHealth Group Inc 5.63 07/15/2054                                                    | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   3170000 | PA      | $2964887.53   | 0.59%             | 2054-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Universal Health Services Inc                                                                                                 | Universal Health Services Inc 5.05 10/15/2034                                             | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $986258.01    | 0.19%             | 2034-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                                                                                    | Verizon Communications Inc 4.27 01/15/2036                                                | CUSIP: 92343VCV4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1630457.55   | 0.32%             | 2036-01-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                                                                                    | Verizon Communications Inc 2.99 10/30/2056                                                | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   2375000 | PA      | $1391845.76   | 0.27%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                                                                                    | Allianz SE (pfd) 3.50% 04/30/2174 Perpetual                                               | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | EP               | CORP              | DE        |   1000000 | NS      | $974154.20    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                                                                                             | Allstate Corp/The 5.55 05/09/2035                                                         | CUSIP: 020002AS0<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |   2856000 | PA      | $2924649.73   | 0.58%             | 2035-05-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                                                                            | Ally Financial Inc (pfd) 4.70% 08/15/2173 Perpetual                                       | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |   1225000 | NS      | $1161179.09   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Bemis Co Inc                                                                                                                  | Amcor Flexibles North America Inc 5.10 03/17/2030                                         | CUSIP: 02344AAD0<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2870429.48   | 0.57%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| American Assets Trust LP                                                                                                      | American Assets Trust LP 3.38 02/01/2031                                                  | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |   2190000 | PA      | $1917116.08   | 0.38%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| American Assets Trust LP                                                                                                      | American Assets Trust LP 6.15 10/01/2034                                                  | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |    470000 | PA      | $460119.80    | 0.09%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                                                                           | American Express Co (pfd) 3.55% 09/15/2173 Perpetual                                      | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | EP               | CORP              | US        |   1160000 | NS      | $1124682.07   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| American Express Co                                                                                                           | American Express Co 4.73 04/25/2029                                                       | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1033000 | PA      | $1038975.44   | 0.21%             | 2029-04-25      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                                                              | American International Group Inc 5.75 04/01/2048                                          | CUSIP: 026874DM6<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    403000 | PA      | $404196.91    | 0.08%             | 2048-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                                                              | American International Group Inc 4.38 06/30/2050                                          | CUSIP: 026874DP9<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |   1838000 | PA      | $1487148.50   | 0.29%             | 2050-06-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                                                              | American International Group Inc 4.85 05/07/2030                                          | CUSIP: 026874DW4<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    410000 | PA      | $411826.38    | 0.08%             | 2030-05-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                                                                              | American International Group Inc 5.45 05/07/2035                                          | CUSIP: 026874DX2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    149000 | PA      | $149873.89    | 0.03%             | 2035-05-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| American Transmission Systems Inc                                                                                             | American Transmission Systems Inc 2.65 01/15/2032                                         | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2830000 | PA      | $2455300.61   | 0.48%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AmeriGas Partners LP / AmeriGas Finance Corp                                                                                  | AmeriGas Partners LP / AmeriGas Finance Corp 9.50 06/01/2030                              | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $348699.26    | 0.07%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                                                                     | Amgen Inc 5.25 03/02/2030                                                                 | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1799881.56   | 0.36%             | 2030-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CME Ultra Long Term US Treasury                                                                                               | US ULTRA BOND CBT Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       274 | NC      | $194746.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT US Long Bond Future                                                                                                      | US LONG BOND(CBT) Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        71 | NC      | $54220.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 2 Year US Treasury Note                                                                                                  | US 2YR NOTE (CBT) Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       161 | NC      | $43686.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                                                                                                     | AGCO Corp 5.80 03/21/2034                                                                 | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   2068000 | PA      | $2074738.62   | 0.41%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                                                                       | AEP Transmission Co LLC 5.38 06/15/2035                                                   | CUSIP: 00115AAS8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    409000 | PA      | $411076.46    | 0.08%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio | State Street Navigator Securities Lending Government Money Market Portfolio               | CUSIP: N/A<br>LEI: 5493008BJIBKQ5KTIF74       | Long             | STIV             | RF                | US        |   7663315 | NS      | $7663315.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

**Name of Applicant:** American Century ETF Trust

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer