# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001752724-23-072422
**Filing Date:** 2023-3
**Character Count:** 376615
**Document Hash:** 3842806ed0212cbd1356e155c8afe61f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072422.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072422

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 23774876

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA IDEX MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20040301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FDS
- **DATE OF NAME CHANGE:** 20010504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FUNDS /
- **DATE OF NAME CHANGE:** 20010423

## Series and Classes Contracts Data

### Transamerica Multi-Managed Balanced (Series ID: S000007792)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021228 | A            | IBALX           |
| C000021230 | C            | IBLLX           |
| C000081953 | I            | TBLIX           |
| C000156741 | R6           | TAMMX           |
| C000234683 | R            | TAAHX           |

## Nport-Ex

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS - 60.5%** | **COMMON STOCKS - 60.5%** | **COMMON STOCKS - 60.5%** |
| **Aerospace & Defense - 0.9%** | **Aerospace & Defense - 0.9%** | **Aerospace & Defense - 0.9%** |
|  General Dynamics Corp. | 3245 | $756280 |
|  Howmet Aerospace, Inc. | 8870 | 360920 |
|  Raytheon Technologies Corp. | 63370 | 6327494 |
|  Textron, Inc. | 33567 | 2445356 |
|  |  | 9890050 |
| **Air Freight & Logistics - 0.6%** | **Air Freight & Logistics - 0.6%** | **Air Freight & Logistics - 0.6%** |
|  United Parcel Service, Inc., Class B | 36110 | 6688655 |
| **Airlines - 0.1%** | **Airlines - 0.1%** | **Airlines - 0.1%** |
|  Southwest Airlines Co. | 18125 | 648331 |
| **Auto Components - 0.1%** | **Auto Components - 0.1%** | **Auto Components - 0.1%** |
|  Magna International, Inc. <sup>(A)</sup> | 17141 | 1113137 |
| **Automobiles - 0.8%** | **Automobiles - 0.8%** | **Automobiles - 0.8%** |
|  Tesla, Inc. <sup>(B)</sup> | 52446 | 9084696 |
| **Banks - 2.5%** | **Banks - 2.5%** | **Banks - 2.5%** |
|  Bank of America Corp. | 153716 | 5453844 |
|  Citigroup, Inc. | 39511 | 2063264 |
|  Fifth Third Bancorp | 55175 | 2002301 |
|  SVB Financial Group <sup>(B)</sup> | 1909 | 577358 |
|  Truist Financial Corp. | 84323 | 4164713 |
|  US Bancorp | 120011 | 5976548 |
|  Wells Fargo & Co. | 166049 | 7782716 |
|  |  | 28020744 |
| **Beverages - 1.4%** | **Beverages - 1.4%** | **Beverages - 1.4%** |
|  Coca-Cola Co. | 131837 | 8084245 |
|  Constellation Brands, Inc., Class A | 11908 | 2756940 |
|  Monster Beverage Corp. <sup>(B)</sup> | 7689 | 800271 |
|  PepsiCo, Inc. | 24911 | 4260279 |
|  |  | 15901735 |
| **Biotechnology - 1.9%** | **Biotechnology - 1.9%** | **Biotechnology - 1.9%** |
|  AbbVie, Inc. | 57627 | 8514389 |
|  Biogen, Inc. <sup>(B)</sup> | 8060 | 2344654 |
|  BioMarin Pharmaceutical, Inc. <sup>(B)</sup> | 6188 | 713786 |
|  Neurocrine Biosciences, Inc. <sup>(B)</sup> | 5588 | 619877 |
|  Regeneron Pharmaceuticals, Inc. <sup>(B)</sup> | 5536 | 4198890 |
|  Sarepta Therapeutics, Inc. <sup>(B)</sup> | 6275 | 784187 |
|  Vertex Pharmaceuticals, Inc. <sup>(B)</sup> | 12382 | 4000624 |
|  |  | 21176407 |
| **Building Products - 0.6%** | **Building Products - 0.6%** | **Building Products - 0.6%** |
|  Masco Corp. | 30818 | 1639518 |
|  Trane Technologies PLC | 25153 | 4505405 |
|  |  | 6144923 |
| **Capital Markets - 1.1%** | **Capital Markets - 1.1%** | **Capital Markets - 1.1%** |
|  Ameriprise Financial, Inc. | 3725 | 1304197 |
|  CME Group, Inc. | 21125 | 3731942 |
|  Morgan Stanley | 33306 | 3241673 |
|  Raymond James Financial, Inc. | 17015 | 1918782 |
|  State Street Corp. | 16882 | 1541833 |
|  |  | 11738427 |
| **Chemicals - 1.3%** | **Chemicals - 1.3%** | **Chemicals - 1.3%** |
|  Air Products & Chemicals, Inc. | 4201 | 1346463 |
|  Celanese Corp. | 4335 | 534072 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Chemicals (continued)** | **Chemicals (continued)** | **Chemicals (continued)** |
|  Dow, Inc. | 18313 | $1086877 |
|  DuPont de Nemours, Inc. | 15051 | 1113021 |
|  Eastman Chemical Co. | 23030 | 2030555 |
|  Linde PLC | 15359 | 5082907 |
|  LyondellBasell Industries NV, Class A | 5643 | 545622 |
|  PPG Industries, Inc. | 20377 | 2655938 |
|  |  | 14395455 |
| **Commercial Services & Supplies - 0.1%** | **Commercial Services & Supplies - 0.1%** | **Commercial Services & Supplies - 0.1%** |
|  Cintas Corp. | 1993 | 884374 |
| **Communications Equipment - 0.1%** | **Communications Equipment - 0.1%** | **Communications Equipment - 0.1%** |
|  Motorola Solutions, Inc. | 5852 | 1504023 |
| **Construction Materials - 0.0% <sup>(C)</sup>** | **Construction Materials - 0.0% <sup>(C)</sup>** | **Construction Materials - 0.0% <sup>(C)</sup>** |
|  Martin Marietta Materials, Inc. | 1492 | 536583 |
| **Consumer Finance - 0.9%** | **Consumer Finance - 0.9%** | **Consumer Finance - 0.9%** |
|  American Express Co. | 34846 | 6095611 |
|  Capital One Financial Corp. | 5674 | 675206 |
|  S&P Global, Inc. | 9421 | 3532310 |
|  |  | 10303127 |
| **Containers & Packaging - 0.0% <sup>(C)</sup>** | **Containers & Packaging - 0.0% <sup>(C)</sup>** | **Containers & Packaging - 0.0% <sup>(C)</sup>** |
|  Avery Dennison Corp. | 2730 | 517171 |
| **Diversified Financial Services - 1.2%** | **Diversified Financial Services - 1.2%** | **Diversified Financial Services - 1.2%** |
|  Berkshire Hathaway, Inc., Class B <sup>(B)</sup> | 32086 | 9995431 |
|  Intercontinental Exchange, Inc. | 29670 | 3191008 |
|  |  | 13186439 |
| **Diversified Telecommunication Services - 0.0% <sup>(C)</sup>** | **Diversified Telecommunication Services - 0.0% <sup>(C)</sup>** | **Diversified Telecommunication Services - 0.0% <sup>(C)</sup>** |
|  AT&T, Inc. | 10250 | 208793 |
| **Electric Utilities - 0.9%** | **Electric Utilities - 0.9%** | **Electric Utilities - 0.9%** |
|  FirstEnergy Corp. | 15797 | 646887 |
|  NextEra Energy, Inc. | 89184 | 6655802 |
|  PG&E Corp. <sup>(B)</sup> | 159650 | 2538435 |
|  |  | 9841124 |
| **Electrical Equipment - 0.4%** | **Electrical Equipment - 0.4%** | **Electrical Equipment - 0.4%** |
|  Eaton Corp. PLC | 24860 | 4032541 |
| **Electronic Equipment, Instruments & Components - 0.2%** | **Electronic Equipment, Instruments & Components - 0.2%** | **Electronic Equipment, Instruments & Components - 0.2%** |
|  Corning, Inc. | 25167 | 871030 |
|  TE Connectivity Ltd. | 6520 | 829018 |
|  |  | 1700048 |
| **Energy Equipment & Services - 0.1%** | **Energy Equipment & Services - 0.1%** | **Energy Equipment & Services - 0.1%** |
|  Baker Hughes Co. | 35007 | 1111122 |
| **Entertainment - 0.5%** | **Entertainment - 0.5%** | **Entertainment - 0.5%** |
|  Netflix, Inc. <sup>(B)</sup> | 11801 | 4175902 |
|  Walt Disney Co. <sup>(B)</sup> | 8975 | 973698 |
|  |  | 5149600 |
| **Equity Real Estate Investment Trusts - 1.7%** | **Equity Real Estate Investment Trusts - 1.7%** | **Equity Real Estate Investment Trusts - 1.7%** |
|  Camden Property Trust | 4118 | 507379 |
|  Equinix, Inc. | 2911 | 2148696 |
|  Equity LifeStyle Properties, Inc. | 19958 | 1432585 |
|  Host Hotels & Resorts, Inc. | 17048 | 321355 |
|  Prologis, Inc. | 40040 | 5176371 |
|  SBA Communications Corp. | 11194 | 3330551 |
|  Sun Communities, Inc. | 10442 | 1637932 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 1** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** |
|  UDR, Inc. | 37629 | $1602619 |
|  Ventas, Inc. | 49437 | 2561331 |
|  |  | 18718819 |
| **Food & Staples Retailing - 0.5%** | **Food & Staples Retailing - 0.5%** | **Food & Staples Retailing - 0.5%** |
|  Costco Wholesale Corp. | 10469 | 5351125 |
| **Food Products - 0.2%** | **Food Products - 0.2%** | **Food Products - 0.2%** |
|  Mondelez International, Inc., Class A | 30915 | 2023078 |
| **Health Care Equipment & Supplies - 1.5%** | **Health Care Equipment & Supplies - 1.5%** | **Health Care Equipment & Supplies - 1.5%** |
|  Abbott Laboratories | 35262 | 3898214 |
|  Baxter International, Inc. | 42542 | 1943744 |
|  Boston Scientific Corp. <sup>(B)</sup> | 66691 | 3084459 |
|  Dexcom, Inc. <sup>(B)</sup> | 7820 | 837444 |
|  Intuitive Surgical, Inc. <sup>(B)</sup> | 14657 | 3601078 |
|  Medtronic PLC | 31395 | 2627447 |
|  Zimmer Biomet Holdings, Inc. | 6823 | 868841 |
|  |  | 16861227 |
| **Health Care Providers & Services - 2.0%** | **Health Care Providers & Services - 2.0%** | **Health Care Providers & Services - 2.0%** |
|  Centene Corp. <sup>(B)</sup> | 30964 | 2360695 |
|  CVS Health Corp. | 10723 | 945983 |
|  Elevance Health, Inc. | 8238 | 4118918 |
|  Humana, Inc. | 3651 | 1868217 |
|  McKesson Corp. | 4811 | 1821829 |
|  UnitedHealth Group, Inc. | 23303 | 11632625 |
|  |  | 22748267 |
| **Hotels, Restaurants & Leisure - 1.7%** | **Hotels, Restaurants & Leisure - 1.7%** | **Hotels, Restaurants & Leisure - 1.7%** |
|  Booking Holdings, Inc. <sup>(B)</sup> | 1892 | 4605317 |
|  Chipotle Mexican Grill, Inc. <sup>(B)</sup> | 2028 | 3338859 |
|  Domino's Pizza, Inc. | 2548 | 899444 |
|  Expedia Group, Inc. <sup>(B)</sup> | 16016 | 1830629 |
|  Marriott International, Inc., Class A | 13000 | 2264340 |
|  McDonald's Corp. | 12731 | 3404269 |
|  Royal Caribbean Cruises Ltd. <sup>(A) (B)</sup> | 4154 | 269761 |
|  Yum! Brands, Inc. | 14407 | 1880257 |
|  |  | 18492876 |
| **Household Durables - 0.2%** | **Household Durables - 0.2%** | **Household Durables - 0.2%** |
|  Lennar Corp., Class A | 17375 | 1779200 |
|  Toll Brothers, Inc. | 14998 | 892231 |
|  |  | 2671431 |
| **Household Products - 1.0%** | **Household Products - 1.0%** | **Household Products - 1.0%** |
|  Colgate-Palmolive Co. | 49476 | 3687446 |
|  Kimberly-Clark Corp. | 14744 | 1916867 |
|  Procter & Gamble Co. | 38883 | 5536162 |
|  |  | 11140475 |
| **Industrial Conglomerates - 0.7%** | **Industrial Conglomerates - 0.7%** | **Industrial Conglomerates - 0.7%** |
|  Honeywell International, Inc. | 35788 | 7461082 |
| **Insurance - 1.3%** | **Insurance - 1.3%** | **Insurance - 1.3%** |
|  Aon PLC, Class A | 4179 | 1331764 |
|  Globe Life, Inc. | 11232 | 1357387 |
|  Progressive Corp. | 43076 | 5873412 |
|  Prudential Financial, Inc. | 7406 | 777186 |
|  Travelers Cos., Inc. | 24042 | 4594907 |
|  |  | 13934656 |
| **Interactive Media & Services - 2.9%** | **Interactive Media & Services - 2.9%** | **Interactive Media & Services - 2.9%** |
|  Alphabet, Inc., Class A <sup>(B)</sup> | 140461 | 13883165 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Interactive Media & Services (continued)** | **Interactive Media & Services (continued)** | **Interactive Media & Services (continued)** |
|  Alphabet, Inc., Class C <sup>(B)</sup> | 103363 | $10322863 |
|  Meta Platforms, Inc., Class A <sup>(B)</sup> | 55283 | 8235509 |
|  |  | 32441537 |
| **Internet & Direct Marketing Retail - 1.8%** | **Internet & Direct Marketing Retail - 1.8%** | **Internet & Direct Marketing Retail - 1.8%** |
|  Amazon.com, Inc. <sup>(B)</sup> | 195924 | 20205642 |
| **IT Services - 2.7%** | **IT Services - 2.7%** | **IT Services - 2.7%** |
|  Accenture PLC, Class A | 22173 | 6187376 |
|  Affirm Holdings, Inc. <sup>(A) (B)</sup> | 10017 | 162175 |
|  Block, Inc. <sup>(B)</sup> | 5399 | 441206 |
|  Cognizant Technology Solutions Corp., Class A | 15325 | 1022944 |
|  FleetCor Technologies, Inc. <sup>(B)</sup> | 11961 | 2497577 |
|  Mastercard, Inc., Class A | 30724 | 11386314 |
|  Visa, Inc., Class A <sup>(A)</sup> | 35730 | 8225403 |
|  |  | 29922995 |
| **Life Sciences Tools & Services - 1.1%** | **Life Sciences Tools & Services - 1.1%** | **Life Sciences Tools & Services - 1.1%** |
|  Danaher Corp. | 14721 | 3891938 |
|  Thermo Fisher Scientific, Inc. | 13901 | 7928157 |
|  |  | 11820095 |
| **Machinery - 1.2%** | **Machinery - 1.2%** | **Machinery - 1.2%** |
|  Deere & Co. | 12837 | 5427997 |
|  Dover Corp. | 10526 | 1598163 |
|  Ingersoll Rand, Inc. | 7791 | 436296 |
|  Otis Worldwide Corp. | 30679 | 2522734 |
|  Parker-Hannifin Corp. | 11563 | 3769538 |
|  |  | 13754728 |
| **Media - 0.8%** | **Media - 0.8%** | **Media - 0.8%** |
|  Charter Communications, Inc., Class A <sup>(B)</sup> | 8442 | 3244345 |
|  Comcast Corp., Class A | 141796 | 5579673 |
|  |  | 8824018 |
| **Metals & Mining - 0.2%** | **Metals & Mining - 0.2%** | **Metals & Mining - 0.2%** |
|  Freeport-McMoRan, Inc. | 23540 | 1050355 |
|  Nucor Corp. | 7285 | 1231311 |
|  |  | 2281666 |
| **Multi-Utilities - 0.9%** | **Multi-Utilities - 0.9%** | **Multi-Utilities - 0.9%** |
|  Ameren Corp. | 19622 | 1704563 |
|  CenterPoint Energy, Inc. | 65491 | 1972589 |
|  Dominion Energy, Inc. | 6206 | 394950 |
|  Public Service Enterprise Group, Inc. | 40278 | 2494416 |
|  Sempra Energy | 18378 | 2946545 |
|  |  | 9513063 |
| **Multiline Retail - 0.1%** | **Multiline Retail - 0.1%** | **Multiline Retail - 0.1%** |
|  Target Corp. | 3410 | 586997 |
| **Oil, Gas & Consumable Fuels - 3.0%** | **Oil, Gas & Consumable Fuels - 3.0%** | **Oil, Gas & Consumable Fuels - 3.0%** |
|  Chevron Corp. | 15823 | 2753519 |
|  ConocoPhillips | 57944 | 7061635 |
|  Coterra Energy, Inc. | 23695 | 593086 |
|  Diamondback Energy, Inc. | 28483 | 4161936 |
|  EOG Resources, Inc. | 31489 | 4164420 |
|  Exxon Mobil Corp. | 111238 | 12904720 |
|  Marathon Oil Corp. | 39699 | 1090532 |
|  Phillips 66 | 4957 | 497038 |
|  |  | 33226886 |
| **Pharmaceuticals - 2.3%** | **Pharmaceuticals - 2.3%** | **Pharmaceuticals - 2.3%** |
|  Bristol-Myers Squibb Co. | 90687 | 6588411 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 2** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |
|  Eli Lilly & Co. | 19263 | $6629361 |
|  Johnson & Johnson | 35348 | 5776570 |
|  Merck & Co., Inc. | 43593 | 4682324 |
|  Pfizer, Inc. | 44526 | 1966268 |
|  |  | 25642934 |
| **Professional Services - 0.2%** | **Professional Services - 0.2%** | **Professional Services - 0.2%** |
|  Booz Allen Hamilton Holding Corp. | 5839 | 552603 |
|  Leidos Holdings, Inc. | 17086 | 1688780 |
|  |  | 2241383 |
| **Road & Rail - 0.7%** | **Road & Rail - 0.7%** | **Road & Rail - 0.7%** |
|  CSX Corp. | 40914 | 1265061 |
|  Norfolk Southern Corp. | 13706 | 3369072 |
|  Uber Technologies, Inc. <sup>(B)</sup> | 22214 | 687079 |
|  Union Pacific Corp. | 12200 | 2491118 |
|  |  | 7812330 |
| **Semiconductors & Semiconductor Equipment - 3.7%** | **Semiconductors & Semiconductor Equipment - 3.7%** | **Semiconductors & Semiconductor Equipment - 3.7%** |
|  Advanced Micro Devices, Inc. <sup>(B)</sup> | 55855 | 4197503 |
|  Analog Devices, Inc. | 31961 | 5480353 |
|  Broadcom, Inc. | 2088 | 1221501 |
|  Lam Research Corp. | 10604 | 5303060 |
|  Microchip Technology, Inc. | 16512 | 1281662 |
|  NVIDIA Corp. | 41781 | 8162754 |
|  NXP Semiconductors NV | 32013 | 5900316 |
|  Qorvo, Inc. <sup>(B)</sup> | 2958 | 321416 |
|  QUALCOMM, Inc. | 2281 | 303852 |
|  Teradyne, Inc. | 16729 | 1701339 |
|  Texas Instruments, Inc. | 41063 | 7276774 |
|  |  | 41150530 |
| **Software - 5.1%** | **Software - 5.1%** | **Software - 5.1%** |
|  Adobe, Inc. <sup>(B)</sup> | 15551 | 5759157 |
|  Cadence Design Systems, Inc. <sup>(B)</sup> | 5191 | 949071 |
|  DocuSign, Inc. <sup>(B)</sup> | 7387 | 447948 |
|  Intuit, Inc. | 10114 | 4274884 |
|  Microsoft Corp. | 162203 | 40195525 |
|  Oracle Corp. | 30160 | 2667954 |
|  Salesforce, Inc. <sup>(B)</sup> | 2978 | 500215 |
|  Workday, Inc., Class A <sup>(B)</sup> | 9644 | 1749711 |
|  |  | 56544465 |
| **Specialty Retail - 2.2%** | **Specialty Retail - 2.2%** | **Specialty Retail - 2.2%** |
|  AutoNation, Inc. <sup>(B)</sup> | 8544 | 1082696 |
|  AutoZone, Inc. <sup>(B)</sup> | 1490 | 3633886 |
|  Best Buy Co., Inc. | 28866 | 2560991 |
|  Burlington Stores, Inc. <sup>(B)</sup> | 5954 | 1368408 |
|  Home Depot, Inc. | 12348 | 4002851 |
|  Lowe's Cos., Inc. | 33423 | 6960340 |
|  O'Reilly Automotive, Inc. <sup>(B)</sup> | 3345 | 2650411 |
|  TJX Cos., Inc. | 25895 | 2119765 |
|  |  | 24379348 |
| **Technology Hardware, Storage & Peripherals - 4.1%** | **Technology Hardware, Storage & Peripherals - 4.1%** | **Technology Hardware, Storage & Peripherals - 4.1%** |
|  Apple, Inc. | 295851 | 42688341 |
|  Seagate Technology Holdings PLC | 37472 | 2539852 |
|  |  | 45228193 |
| **Textiles, Apparel & Luxury Goods - 0.3%** | **Textiles, Apparel & Luxury Goods - 0.3%** | **Textiles, Apparel & Luxury Goods - 0.3%** |
|  NIKE, Inc., Class B | 30181 | 3842947 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Tobacco - 0.4%** | **Tobacco - 0.4%** | **Tobacco - 0.4%** |
|  Altria Group, Inc. | 34839 | $1569149 |
|  Philip Morris International, Inc. | 23502 | 2449848 |
|  |  | 4018997 |
| **Wireless Telecommunication Services - 0.3%** | **Wireless Telecommunication Services - 0.3%** | **Wireless Telecommunication Services - 0.3%** |
|  T-Mobile US, Inc. <sup>(B)</sup> | 21839 | 3260781 |
|  **Total Common Stocks<br>(Cost $394,968,323)** | **Total Common Stocks<br>(Cost $394,968,323)** | 669880076 |
| **PREFERRED STOCKS - 0.1%** | **PREFERRED STOCKS - 0.1%** | **PREFERRED STOCKS - 0.1%** |
| **Banks - 0.1%** | **Banks - 0.1%** | **Banks - 0.1%** |
|  Citigroup Capital XIII, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 6.37%, 11.17% <sup>(D)</sup> | 29988 | 861255 |
| **Electric Utilities - 0.0% <sup>(C)</sup>** | **Electric Utilities - 0.0% <sup>(C)</sup>** | **Electric Utilities - 0.0% <sup>(C)</sup>** |
|  SCE Trust III, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series H, Fixed until 03/15/2024, 5.75% <sup>(D)</sup> | 960 | 21456 |
|  **Total Preferred Stocks<br>(Cost $872,517)** | **Total Preferred Stocks<br>(Cost $872,517)** | 882711 |
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES - 2.2%** | **ASSET-BACKED SECURITIES - 2.2%** | **ASSET-BACKED SECURITIES - 2.2%** |
|  321 Henderson Receivables VI LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 07/15/2059 <sup>(E)</sup> | $161494 | 157576 |
|  Accelerated LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1H, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 10/20/2040 <sup>(E)</sup> | 279264 | 254720 |
|  Bavarian Sky UK 5 PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-1A, Class A1A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.20%,<br>6.01% <sup>(D)</sup>, 10/20/2034 <sup>(E)</sup> | 2200000 | 2137243 |
|  BRE Grand Islander Timeshare Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 05/25/2029 <sup>(E)</sup> | 130063 | 125973 |
|  BXG Receivables Note Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/02/2030 <sup>(E)</sup> | 94533 | 90863 |
|  CIFC Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-2A, Class A1L2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.00%,<br>5.79% <sup>(D)</sup>, 10/18/2030 <sup>(E)</sup> | 2474096 | 2455852 |
|  Diamond Resorts Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 02/20/2032 <sup>(E)</sup> | 80363 | 78760 |
|  GM Financial Consumer Automobile Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class A2A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 03/16/2026 | 480000 | 480613 |
|  GoodLeap Sustainable Home Solutions Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-4GS, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93%, 07/20/2048 <sup>(E)</sup> | 793150 | 605638 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-5CS, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.31%, 10/20/2048 <sup>(E)</sup> | 927443 | 754256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-1GS, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 01/20/2049 <sup>(E)</sup> | 1226703 | 1016538 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 3** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
|  JG Wentworth XXII LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-3A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 12/15/2048 <sup>(E)</sup> | $267641 | $261320 |
|  JGWPT XXVIII LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 04/15/2067 <sup>(E)</sup> | 663072 | 583788 |
|  Laurel Road Prime Student Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-B, Class A2FX, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 05/26/2043 <sup>(E)</sup> | 40271 | 39533 |
|  Longfellow Place CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-1A, Class AR3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.00%,<br>5.79% <sup>(D)</sup>, 04/15/2029 <sup>(E)</sup> | 181471 | 180820 |
|  MVW LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1WA, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.14%, 01/22/2041 <sup>(E)</sup> | 523937 | 478472 |
|  MVW Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 11/20/2036 <sup>(E)</sup> | 94903 | 90177 |
|  New Residential Advance Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-T1, Class AT1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43%, 08/15/2053 <sup>(E)</sup> | 1950000 | 1890502 |
|  NRZ Advance Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-T2, Class AT2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.48%, 09/15/2053 <sup>(E)</sup> | 1899640 | 1838801 |
|  Octagon Investment Partners 33 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.19%,<br>6.00% <sup>(D)</sup>, 01/20/2031 <sup>(E)</sup> | 800000 | 794368 |
|  Orange Lake Timeshare Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.61%, 03/08/2029 <sup>(E)</sup> | 189363 | 182181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 11/08/2030 <sup>(E)</sup> | 31553 | 30606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 11/08/2030 <sup>(E)</sup> | 25816 | 25032 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06%, 04/09/2038 <sup>(E)</sup> | 221977 | 213656 |
|  Palmer Square CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-2A, Class A1R2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.10%,<br>5.91% <sup>(D)</sup>, 07/20/2030 <sup>(E)</sup> | 1898487 | 1884273 |
|  Sierra Timeshare Receivables Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-2A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.33%, 07/20/2037 <sup>(E)</sup> | 208633 | 197126 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.99%, 11/20/2037 <sup>(E)</sup> | 660569 | 615405 |
|  Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(D)</sup>, 10/25/2056 <sup>(E)</sup> | 101765 | 100248 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-2, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(D)</sup>, 04/25/2057 <sup>(E)</sup> | 103532 | 102290 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-3, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(D)</sup>, 07/25/2057 <sup>(E)</sup> | 78388 | 76320 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(D)</sup>, 06/25/2057 <sup>(E)</sup> | 441622 | 421181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-6, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(D)</sup>, 10/25/2057 <sup>(E)</sup> | 229600 | 219313 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(D)</sup>, 01/25/2058 <sup>(E)</sup> | 309857 | 299880 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-3, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 05/25/2058 <sup>(E)</sup> | 661694 | 635129 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
|  Towd Point Mortgage Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(D)</sup>, 06/25/2058 <sup>(E)</sup> | $1293553 | $1204697 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% <sup>(D)</sup>, 03/25/2058 <sup>(E)</sup> | 722385 | 695342 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/25/2060 <sup>(E)</sup> | 1084564 | 971628 |
|  Trafigura Securitisation Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.08%, 01/15/2025 <sup>(E)</sup> | 1300000 | 1179023 |
|  Welk Resorts LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-AA, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.82%, 06/15/2033 <sup>(E)</sup> | 163783 | 163056 |
|  Wellfleet CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-2A, Class A1R, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.14%,<br>5.95% <sup>(D)</sup>, 10/20/2028 <sup>(E)</sup> | 447997 | 444284 |
|  **Total Asset-Backed Securities<br>(Cost $25,627,531)** | **Total Asset-Backed Securities<br>(Cost $25,627,531)** | 23976483 |
| **CORPORATE DEBT SECURITIES - 13.8%** | **CORPORATE DEBT SECURITIES - 13.8%** | **CORPORATE DEBT SECURITIES - 13.8%** |
| **Aerospace & Defense - 0.3%** | **Aerospace & Defense - 0.3%** | **Aerospace & Defense - 0.3%** |
|  Boeing Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/2039 | 1494000 | 1160296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/01/2030 | 872000 | 876968 |
|  Huntington Ingalls Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.04%, 08/16/2028 | 1103000 | 931260 |
|  |  | 2968524 |
| **Air Freight & Logistics - 0.1%** | **Air Freight & Logistics - 0.1%** | **Air Freight & Logistics - 0.1%** |
|  GXO Logistics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/15/2031 | 1760000 | 1379166 |
| **Airlines - 0.1%** | **Airlines - 0.1%** | **Airlines - 0.1%** |
|  American Airlines Pass-Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/15/2029 | 552981 | 491832 |
|  United Airlines Pass-Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/03/2028 | 584833 | 545197 |
|  |  | 1037029 |
| **Auto Components - 0.1%** | **Auto Components - 0.1%** | **Auto Components - 0.1%** |
|  Aptiv PLC / Aptiv Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/2032 | 554000 | 477039 |
|  BorgWarner, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/15/2025 <sup>(A)</sup> | 572000 | 552334 |
|  |  | 1029373 |
| **Automobiles - 0.1%** | **Automobiles - 0.1%** | **Automobiles - 0.1%** |
|  General Motors Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/02/2043 | 262000 | 259849 |
|  Stellantis Finance US, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 09/12/2032 <sup>(E)</sup> | 661000 | 688109 |
|  |  | 947958 |
| **Banks - 1.7%** | **Banks - 1.7%** | **Banks - 1.7%** |
|  Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/24/2027,<br>3.71% <sup>(D)</sup>, 04/24/2028 | 872000 | 830449 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/27/2032,<br>4.57% <sup>(D)</sup>, 04/27/2033 | 2086000 | 2010402 |
|  Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/02/2025,<br>7.33% <sup>(D)</sup>, 11/02/2026 | 1291000 | 1354583 |
|  Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 10/27/2027,<br>3.52% <sup>(D)</sup>, 10/27/2028 | 2370000 | 2216228 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 4** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
|  Commerzbank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%, 09/19/2023 <sup>(E)</sup> | $1955000 | $1972925 |
|  Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 06/26/2024 <sup>(E)</sup> | 420000 | 409630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/21/2032,<br>8.25% <sup>(D)</sup>, 11/21/2033 <sup>(E)</sup> | 1667000 | 1819218 |
|  JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/22/2026,<br>1.58% <sup>(D)</sup>, 04/22/2027 | 1512000 | 1357245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/01/2027,<br>3.78% <sup>(D)</sup>, 02/01/2028 | 507000 | 486625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/14/2032,<br>5.72% <sup>(D)</sup>, 09/14/2033 | 1870000 | 1923889 |
|  Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 08/15/2032,<br>7.95% <sup>(D)</sup>, 11/15/2033 | 807000 | 919719 |
|  Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 01/26/2034 | 1300000 | 1313040 |
|  Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/25/2027,<br>4.81% <sup>(D)</sup>, 07/25/2028 | 1660000 | 1653842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/15/2024 <sup>(F)</sup>,<br>5.90% <sup>(D)</sup> | 513000 | 500816 |
|  |  | 18768611 |
| **Beverages - 0.2%** | **Beverages - 0.2%** | **Beverages - 0.2%** |
|  Anheuser-Busch InBev Worldwide, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.44%, 10/06/2048 | 888000 | 814580 |
|  Constellation Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/01/2029 | 575000 | 523727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/06/2026 | 152000 | 146643 |
|  Diageo Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/24/2033 | 471000 | 508574 |
|  |  | 1993524 |
| **Biotechnology - 0.2%** | **Biotechnology - 0.2%** | **Biotechnology - 0.2%** |
|  AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/14/2026 | 403000 | 386438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/21/2039 | 733000 | 657784 |
|  Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/2032 | 440000 | 355395 |
|  CSL Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/27/2042 <sup>(E)</sup> | 513000 | 490028 |
|  Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/01/2047 | 177000 | 156940 |
|  |  | 2046585 |
| **Building Products - 0.3%** | **Building Products - 0.3%** | **Building Products - 0.3%** |
|  Carlisle Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/01/2032 | 784000 | 624129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/2027 | 610000 | 584146 |
|  Carrier Global Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 02/15/2030 | 539000 | 469786 |
|  Owens Corning |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 12/01/2036 | 1438000 | 1633130 |
|  |  | 3311191 |
| **Capital Markets - 0.7%** | **Capital Markets - 0.7%** | **Capital Markets - 0.7%** |
|  Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/11/2024,<br>2.59% <sup>(D)</sup>, 09/11/2025 <sup>(E)</sup> | 772000 | 705743 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 08/12/2032,<br>6.54% <sup>(D)</sup>, 08/12/2033 <sup>(E)</sup> | 1477000 | 1412119 |
|  Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/26/2024,<br>3.96% <sup>(D)</sup>, 11/26/2025 | 427000 | 413437 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Capital Markets (continued)** | **Capital Markets (continued)** | **Capital Markets (continued)** |
|  Deutsche Bank AG (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 05/24/2023,<br>4.30% <sup>(D)</sup>, 05/24/2028 | $1270000 | $1238662 |
|  Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/24/2032,<br>3.10% <sup>(D)</sup>, 02/24/2033 | 1519000 | 1297725 |
|  Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 12/10/2025,<br>0.99% <sup>(D)</sup>, 12/10/2026 | 211000 | 187640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/20/2032,<br>4.89% <sup>(D)</sup>, 07/20/2033 | 785000 | 775499 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/01/2028,<br>5.12% <sup>(D)</sup>, 02/01/2029 | 699000 | 705469 |
|  Northern Trust Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/02/2032 | 1247000 | 1367837 |
|  |  | 8104131 |
| **Chemicals - 0.1%** | **Chemicals - 0.1%** | **Chemicals - 0.1%** |
|  International Flavors & Fragrances, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/01/2030 <sup>(E)</sup> | 664000 | 549364 |
| **Commercial Services & Supplies - 0.2%** | **Commercial Services & Supplies - 0.2%** | **Commercial Services & Supplies - 0.2%** |
|  ADT Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/01/2029 <sup>(E)</sup> | 793000 | 705199 |
|  Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/01/2029 <sup>(E)</sup> | 414000 | 385575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/30/2033 <sup>(E)</sup> | 628000 | 629020 |
|  Triton Container International Ltd. / TAL International Container Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/15/2032 | 1038000 | 845306 |
|  |  | 2565100 |
| **Construction & Engineering - 0.0% <sup>(C)</sup>** | **Construction & Engineering - 0.0% <sup>(C)</sup>** | **Construction & Engineering - 0.0% <sup>(C)</sup>** |
|  Quanta Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/01/2030 | 499000 | 427470 |
| **Consumer Finance - 0.5%** | **Consumer Finance - 0.5%** | **Consumer Finance - 0.5%** |
|  Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/01/2031 | 1196000 | 1309784 |
|  BMW US Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 04/11/2026 <sup>(E)</sup> | 806000 | 764136 |
|  Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/13/2025 | 1497000 | 1403138 |
|  General Motors Financial Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/09/2027 | 755000 | 746826 |
|  Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 09/15/2028 <sup>(E)</sup> | 849000 | 687749 |
|  Volkswagen Group of America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/24/2027 <sup>(E)</sup> | 644000 | 554652 |
|  |  | 5466285 |
| **Containers & Packaging - 0.1%** | **Containers & Packaging - 0.1%** | **Containers & Packaging - 0.1%** |
|  Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/01/2027 | 665000 | 600822 |
| **Diversified Financial Services - 0.5%** | **Diversified Financial Services - 0.5%** | **Diversified Financial Services - 0.5%** |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 10/29/2041 | 1096000 | 851393 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/03/2026 | 1120000 | 1084728 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/2023 | 849000 | 844325 |
|  Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/30/2026 <sup>(E)</sup> | 677000 | 601902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/15/2024 <sup>(E)</sup> | 1296000 | 1282946 |
|  Equitable Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 01/11/2033 | 1284000 | 1311195 |
|  |  | 5976489 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 5** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Diversified Telecommunication Services - 0.2%** | **Diversified Telecommunication Services - 0.2%** | **Diversified Telecommunication Services - 0.2%** |
|  Sprint Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/15/2028 | $135000 | $144389 |
|  Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.68%, 10/30/2030 | 976000 | 784921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 10/30/2056 | 1656000 | 1094648 |
|  |  | 2023958 |
| **Electric Utilities - 0.6%** | **Electric Utilities - 0.6%** | **Electric Utilities - 0.6%** |
|  Appalachian Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/01/2025 | 736000 | 712391 |
|  Cleveland Electric Illuminating Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/15/2036 | 117000 | 120175 |
|  DTE Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/01/2044 | 1430000 | 1305931 |
|  Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/2024 - 09/01/2046 | 1717000 | 1475605 |
|  Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/2047 | 1237000 | 983806 |
|  Entergy Arkansas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/01/2024 | 192000 | 189462 |
|  Oncor Electric Delivery Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/2042 | 70000 | 73693 |
|  Pacific Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/01/2031 | 611000 | 491812 |
|  PacifiCorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/2024 | 833000 | 820831 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/2037 | 117000 | 125307 |
|  Public Service Electric & Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/2025 | 424000 | 408878 |
|  |  | 6707891 |
| **Electronic Equipment, Instruments & Components - 0.2%** | **Electronic Equipment, Instruments & Components - 0.2%** | **Electronic Equipment, Instruments & Components - 0.2%** |
|  Arrow Electronics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/15/2032 | 886000 | 732972 |
|  Keysight Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/06/2027 | 724000 | 723457 |
|  Sensata Technologies BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/2029 <sup>(E)</sup> | 200000 | 179261 |
|  Sensata Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/2030 <sup>(E)</sup> | 403000 | 364876 |
|  |  | 2000566 |
| **Energy Equipment & Services - 0.1%** | **Energy Equipment & Services - 0.1%** | **Energy Equipment & Services - 0.1%** |
|  Schlumberger Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/17/2028 <sup>(E)</sup> | 1207000 | 1149955 |
|  Schlumberger Investment SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 12/01/2023 | 98000 | 96872 |
|  |  | 1246827 |
| **Equity Real Estate Investment Trusts - 1.1%** | **Equity Real Estate Investment Trusts - 1.1%** | **Equity Real Estate Investment Trusts - 1.1%** |
|  American Tower Trust #1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/23/2028 <sup>(E)</sup> | 508000 | 476376 |
|  Broadstone Net Lease LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 09/15/2031 | 1152000 | 877083 |
|  Corporate Office Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/2029 | 257000 | 203236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/15/2026 | 314000 | 283841 |
|  Invitation Homes Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/15/2032 | 513000 | 469306 |
|  Office Properties Income Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 10/15/2031 | 602000 | 421548 |
|  Physicians Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 11/01/2031 | 951000 | 778631 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** |
|  Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 10/13/2032 | $393000 | $415567 |
|  SBA Tower Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 05/15/2051 <sup>(E)</sup> | 2058000 | 1794567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/15/2050 <sup>(E)</sup> | 746000 | 669737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.84%, 01/15/2050 <sup>(E)</sup> | 2715000 | 2565552 |
|  Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/01/2031 | 717000 | 589832 |
|  Ventas Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/2026 | 930000 | 874658 |
|  VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/15/2030 | 1256000 | 1213769 |
|  Weyerhaeuser Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/2030 | 1001000 | 942491 |
|  |  | 12576194 |
| **Food & Staples Retailing - 0.2%** | **Food & Staples Retailing - 0.2%** | **Food & Staples Retailing - 0.2%** |
|  7-Eleven, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 02/10/2031 <sup>(E)</sup> | 1001000 | 796303 |
|  Sysco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 07/15/2026 | 945000 | 907920 |
|  |  | 1704223 |
| **Food Products - 0.3%** | **Food Products - 0.3%** | **Food Products - 0.3%** |
|  Bunge Ltd. Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/14/2031 | 957000 | 817526 |
|  Cargill, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 10/11/2032 <sup>(E)</sup> | 527000 | 546488 |
|  JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/02/2029 <sup>(E)</sup> | 440000 | 377674 |
|  Pilgrim's Pride Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/2032 <sup>(E)</sup> | 1051000 | 855251 |
|  Viterra Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/21/2027 <sup>(E)</sup> | 878000 | 842768 |
|  |  | 3439707 |
| **Health Care Equipment & Supplies - 0.1%** | **Health Care Equipment & Supplies - 0.1%** | **Health Care Equipment & Supplies - 0.1%** |
|  Alcon Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/23/2026 <sup>(E)</sup> | 600000 | 556962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/06/2052 <sup>(E)</sup> | 410000 | 439574 |
|  GE HealthCare Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.86%, 03/15/2030 <sup>(E)</sup> | 412000 | 436356 |
|  |  | 1432892 |
| **Health Care Providers & Services - 0.6%** | **Health Care Providers & Services - 0.6%** | **Health Care Providers & Services - 0.6%** |
|  Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 10/15/2030 | 875000 | 748125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/15/2030 | 510000 | 448351 |
|  Cigna Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/2030 | 862000 | 742206 |
|  CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/21/2040 | 858000 | 616766 |
|  Elevance Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/15/2030 | 721000 | 613698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/2053 | 496000 | 494947 |
|  HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/2029 | 520000 | 493200 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/15/2025 | 230000 | 230134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/2047 | 527000 | 498492 |
|  Laboratory Corp. of America Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 12/01/2029 | 532000 | 475514 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 6** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** | **Health Care Providers & Services (continued)** |
|  Molina Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/15/2028 <sup>(E)</sup> | $362000 | $334325 |
|  UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 02/15/2063 | 747000 | 867893 |
|  |  | 6563651 |
| **Hotels, Restaurants & Leisure - 0.2%** | **Hotels, Restaurants & Leisure - 0.2%** | **Hotels, Restaurants & Leisure - 0.2%** |
|  Expedia Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/2031 | 57000 | 47826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/2028 | 685000 | 646329 |
|  Hyatt Hotels Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 10/01/2024 | 417000 | 395202 |
|  Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/2042 <sup>(E)</sup> | 1176000 | 999446 |
|  |  | 2088803 |
| **Industrial Conglomerates - 0.1%** | **Industrial Conglomerates - 0.1%** | **Industrial Conglomerates - 0.1%** |
|  General Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/09/2042 | 494000 | 420336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/11/2044 | 826000 | 758438 |
|  |  | 1178774 |
| **Insurance - 0.5%** | **Insurance - 0.5%** | **Insurance - 0.5%** |
|  Aon Corp. / Aon Global Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/12/2032 | 1133000 | 1154369 |
|  Global Atlantic Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/2031 <sup>(E)</sup> | 1549000 | 1191353 |
|  Muenchener Rueckversicherungs-Gesellschaft AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/23/2031,<br>5.88% <sup>(D)</sup>, 05/23/2042 <sup>(E)</sup> | 600000 | 612750 |
|  Ohio National Financial Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/24/2030 <sup>(E)</sup> | 1642000 | 1559160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 05/01/2031 <sup>(E)</sup> | 456000 | 443885 |
|  Prudential Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/01/2030,<br>3.70% <sup>(D)</sup>, 10/01/2050 | 977000 | 841168 |
|  |  | 5802685 |
| **Interactive Media & Services - 0.2%** | **Interactive Media & Services - 0.2%** | **Interactive Media & Services - 0.2%** |
|  Baidu, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/14/2024 | 1990000 | 1967837 |
|  Tencent Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 04/11/2024 <sup>(E)</sup> | 742000 | 730599 |
|  |  | 2698436 |
| **IT Services - 0.0% <sup>(C)</sup>** | **IT Services - 0.0% <sup>(C)</sup>** | **IT Services - 0.0% <sup>(C)</sup>** |
|  Rackspace Technology Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/2028 <sup>(E)</sup> | 763000 | 462302 |
| **Machinery - 0.1%** | **Machinery - 0.1%** | **Machinery - 0.1%** |
|  CNH Industrial Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 10/14/2025 | 1009000 | 1024973 |
| **Media - 0.2%** | **Media - 0.2%** | **Media - 0.2%** |
|  Charter Communications Operating LLC / Charter Communications Operating Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/01/2050 | 562000 | 441351 |
|  Clear Channel Outdoor Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 08/15/2027 <sup>(E)</sup> | 827000 | 755092 |
|  Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 11/01/2056 | 372000 | 251899 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |
|  NBCUniversal Media LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 01/15/2043 | $456000 | $425179 |
|  Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/19/2032 | 588000 | 505450 |
|  |  | 2378971 |
| **Metals & Mining - 0.4%** | **Metals & Mining - 0.4%** | **Metals & Mining - 0.4%** |
|  Anglo American Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/2028 <sup>(E)</sup> | 1293000 | 1260272 |
|  ArcelorMittal SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 11/29/2027 | 1054000 | 1099312 |
|  Freeport-McMoRan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/2023 | 1088000 | 1084301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 11/14/2024 | 481000 | 475306 |
|  Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/23/2031 <sup>(E)</sup> | 837000 | 696675 |
|  |  | 4615866 |
| **Multi-Utilities - 0.1%** | **Multi-Utilities - 0.1%** | **Multi-Utilities - 0.1%** |
|  Black Hills Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/30/2023 | 587000 | 583321 |
|  CMS Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/01/2024 | 65000 | 63950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/01/2044 | 141000 | 133913 |
|  |  | 781184 |
| **Oil, Gas & Consumable Fuels - 1.1%** | **Oil, Gas & Consumable Fuels - 1.1%** | **Oil, Gas & Consumable Fuels - 1.1%** |
|  Boardwalk Pipelines LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/15/2031 | 390000 | 347465 |
|  Chevron USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/2029 | 654000 | 615759 |
|  Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/01/2024 | 356000 | 354596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 02/01/2043 | 559000 | 498731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/2028 | 445000 | 452222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 10/01/2043 | 499000 | 492444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.60%, 02/01/2024 | 397000 | 403967 |
|  Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/2048 | 1656000 | 1421016 |
|  Kinder Morgan Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/01/2024 | 772000 | 765062 |
|  Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/2026 | 1184000 | 1195840 |
|  ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 11/15/2032 | 1043000 | 1094091 |
|  Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 01/23/2029 | 385000 | 344893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.84%, 01/23/2030 | 892000 | 773867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/04/2026 | 340000 | 332549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.69%, 01/23/2050 | 95000 | 70834 |
|  Pioneer Natural Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 01/15/2031 | 871000 | 718973 |
|  Plains All American Pipeline LP / PAA Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 12/15/2029 | 637000 | 570366 |
|  Sabine Pass Liquefaction LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/2028 | 573000 | 552691 |
|  Shell International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/12/2026 | 714000 | 671661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/12/2046 | 351000 | 298010 |
|  Williams Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/04/2044 | 97000 | 94398 |
|  |  | 12069435 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 7** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Personal Products - 0.0% <sup>(C)</sup>** | **Personal Products - 0.0% <sup>(C)</sup>** | **Personal Products - 0.0% <sup>(C)</sup>** |
|  GSK Consumer Healthcare Capital US LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/24/2027 | $448000 | $423389 |
| **Pharmaceuticals - 0.2%** | **Pharmaceuticals - 0.2%** | **Pharmaceuticals - 0.2%** |
|  Astrazeneca Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 05/28/2026 | 388000 | 350020 |
|  AstraZeneca PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/17/2048 | 626000 | 597071 |
|  Bayer US Finance II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/15/2028 <sup>(E)</sup> | 716000 | 694009 |
|  Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 09/02/2030 | 683000 | 555349 |
|  Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/22/2027 | 425000 | 374230 |
|  |  | 2570679 |
| **Professional Services - 0.2%** | **Professional Services - 0.2%** | **Professional Services - 0.2%** |
|  Equifax, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 12/01/2024 | 879000 | 842650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 12/15/2027 | 840000 | 851321 |
|  |  | 1693971 |
| **Road & Rail - 0.3%** | **Road & Rail - 0.3%** | **Road & Rail - 0.3%** |
|  Avolon Holdings Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 02/15/2025 <sup>(E)</sup> | 969000 | 908444 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/2026 <sup>(E)</sup> | 1240000 | 1217571 |
|  Norfolk Southern Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 06/01/2053 | 1258000 | 1166259 |
|  |  | 3292274 |
| **Semiconductors & Semiconductor Equipment - 0.6%** | **Semiconductors & Semiconductor Equipment - 0.6%** | **Semiconductors & Semiconductor Equipment - 0.6%** |
|  Advanced Micro Devices, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 06/01/2032 | 1238000 | 1180452 |
|  Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/15/2028 <sup>(E)</sup> | 464000 | 402058 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/2041 <sup>(E)</sup> | 610000 | 464670 |
|  KLA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/01/2050 | 730000 | 562567 |
|  Microchip Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.98%, 09/01/2024 | 684000 | 640258 |
|  NXP BV / NXP Funding LLC / NXP USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/30/2051 | 401000 | 271968 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/01/2030 | 656000 | 586225 |
|  QUALCOMM, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/2027 - 05/20/2050 | 1259000 | 1122458 |
|  Skyworks Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 06/01/2026 | 379000 | 338387 |
|  TSMC Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 09/28/2030 <sup>(E)</sup> | 1611000 | 1288846 |
|  |  | 6857889 |
| **Software - 0.4%** | **Software - 0.4%** | **Software - 0.4%** |
|  Crowdstrike Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/15/2029 | 140000 | 120151 |
|  Infor, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 07/15/2025 <sup>(E)</sup> | 945000 | 859822 |
|  Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/25/2041 | 601000 | 473929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 11/09/2052 | 951000 | 1092950 |
|  Take-Two Interactive Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 04/14/2025 | 1217000 | 1178289 |
|  Workday, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/2027 | 944000 | 902080 |
|  |  | 4627221 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Specialty Retail - 0.1%** | **Specialty Retail - 0.1%** | **Specialty Retail - 0.1%** |
|  Lowe's Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/2032 | $836000 | $773318 |
| **Technology Hardware, Storage & Peripherals - 0.1%** | **Technology Hardware, Storage & Peripherals - 0.1%** | **Technology Hardware, Storage & Peripherals - 0.1%** |
|  Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 05/11/2050 | 637000 | 448598 |
|  Western Digital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/01/2029 | 259000 | 211106 |
|  |  | 659704 |
| **Tobacco - 0.2%** | **Tobacco - 0.2%** | **Tobacco - 0.2%** |
|  BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 03/25/2028 | 971000 | 833377 |
|  Philip Morris International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 11/17/2029 | 807000 | 840995 |
|  |  | 1674372 |
| **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** | **Wireless Telecommunication Services - 0.2%** |
|  America Movil SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/16/2042 | 300000 | 272682 |
|  Sprint LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 09/15/2023 | 640000 | 649547 |
|  T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/15/2031 | 830000 | 742701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/2030 | 684000 | 638813 |
|  |  | 2303743 |
|  **Total Corporate Debt Securities<br>(Cost $167,381,178)** | **Total Corporate Debt Securities<br>(Cost $167,381,178)** | 152845520 |
| **FOREIGN GOVERNMENT OBLIGATIONS - 0.4%** | **FOREIGN GOVERNMENT OBLIGATIONS - 0.4%** | **FOREIGN GOVERNMENT OBLIGATIONS - 0.4%** |
| **Brazil - 0.1%** | **Brazil - 0.1%** | **Brazil - 0.1%** |
|  Brazil Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 01/07/2025 | 330000 | 325613 |
| **Chile - 0.0% <sup>(C)</sup>** | **Chile - 0.0% <sup>(C)</sup>** | **Chile - 0.0% <sup>(C)</sup>** |
|  Chile Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/25/2050 <sup>(A)</sup> | 400000 | 300686 |
| **Colombia - 0.1%** | **Colombia - 0.1%** | **Colombia - 0.1%** |
|  Colombia Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/26/2024 <sup>(A)</sup> | 235000 | 231379 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/28/2026 | 850000 | 811363 |
|  |  | 1042742 |
| **Indonesia - 0.1%** | **Indonesia - 0.1%** | **Indonesia - 0.1%** |
|  Indonesia Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/08/2026 <sup>(E)</sup> | 1035000 | 1041224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 10/17/2023 <sup>(E)</sup> | 115000 | 115207 |
|  |  | 1156431 |
| **Mexico - 0.1%** | **Mexico - 0.1%** | **Mexico - 0.1%** |
|  Mexico Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/11/2028 | 1126000 | 1077928 |
| **Panama - 0.0% <sup>(C)</sup>** | **Panama - 0.0% <sup>(C)</sup>** | **Panama - 0.0% <sup>(C)</sup>** |
|  Panama Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/17/2028 | 315000 | 300374 |
| **Peru - 0.0% <sup>(C)</sup>** | **Peru - 0.0% <sup>(C)</sup>** | **Peru - 0.0% <sup>(C)</sup>** |
|  Peru Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 07/21/2025 | 125000 | 131537 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 8** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |
| **Poland - 0.0% <sup>(C)</sup>** | **Poland - 0.0% <sup>(C)</sup>** | **Poland - 0.0% <sup>(C)</sup>** |
|  Republic of Poland Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/17/2023 | $275000 | $274172 |
| **Qatar - 0.0% <sup>(C)</sup>** | **Qatar - 0.0% <sup>(C)</sup>** | **Qatar - 0.0% <sup>(C)</sup>** |
|  Qatar Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/23/2023 <sup>(E)</sup> | 200000 | 199290 |
|  **Total Foreign Government Obligations<br>(Cost $5,126,056)** | **Total Foreign Government Obligations<br>(Cost $5,126,056)** | 4808773 |
| **MORTGAGE-BACKED SECURITIES - 2.3%** | **MORTGAGE-BACKED SECURITIES - 2.3%** | **MORTGAGE-BACKED SECURITIES - 2.3%** |
|  BB-UBS Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-TFT, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 06/05/2030 <sup>(E)</sup> | 441737 | 431947 |
|  BB-UBS Trust, Interest Only STRIPS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-SHOW, Class XA, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.60% <sup>(D)</sup>, 11/05/2036 <sup>(E)</sup> | 3045000 | 29122 |
|  CIM Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-R6, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% <sup>(D)</sup>, 07/25/2061 <sup>(E)</sup> | 1808998 | 1615282 |
|  Citigroup Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-GC19, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/11/2047 | 68151 | 67150 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-GC19, Class A4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/11/2047 | 220000 | 216267 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-GC27, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 02/10/2048 | 1250000 | 1153665 |
|  Citigroup Mortgage Loan Trust, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-RP1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(D)</sup>, 09/25/2064 <sup>(E)</sup> | 193514 | 184564 |
|  COMM Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-CR11, Class AM, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72% <sup>(D)</sup>, 08/10/2050 | 1310000 | 1292434 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-UBS2, Class A5, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 03/10/2047 | 2415000 | 2372932 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-3BP, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.18%, 02/10/2035 <sup>(E)</sup> | 3050000 | 2857439 |
|  CSMC Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-RPL2, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.11% <sup>(D)</sup>, 01/25/2060 <sup>(E)</sup> | 1514714 | 1267632 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-RPL6, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% <sup>(D)</sup>, 10/25/2060 <sup>(E)</sup> | 1231469 | 1098504 |
|  Fontainebleau Miami Beach Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-FBLU, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 12/10/2036 <sup>(E)</sup> | 1250000 | 1178276 |
|  Houston Galleria Mall Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-HGLR, Class A1A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.09%, 03/05/2037 <sup>(E)</sup> | 700000 | 651812 |
|  JPMorgan Chase Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-C13, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.12% <sup>(D)</sup>, 01/15/2046 | 950000 | 936238 |
|  MetLife Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 04/25/2058 <sup>(E)</sup> | 69842 | 67992 |
|  Nationstar Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 12/25/2052 <sup>(E)</sup> | 84067 | 77910 |
|  New Residential Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 01/25/2054 <sup>(E)</sup> | 42310 | 40042 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-2A, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16% <sup>(D)</sup>, 05/25/2054 <sup>(E)</sup> | 102816 | 94786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-3A, Class AFX3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 11/25/2054 <sup>(E)</sup> | 81552 | 75926 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
|  New Residential Mortgage Loan Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-2A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 08/25/2055 <sup>(E)</sup> | $179803 | $168714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-2A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 11/26/2035 <sup>(E)</sup> | 120466 | 112432 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-3A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% <sup>(D)</sup>, 09/25/2056 <sup>(E)</sup> | 127755 | 117998 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-4A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(D)</sup>, 11/25/2056 <sup>(E)</sup> | 162645 | 150511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(D)</sup>, 02/25/2057 <sup>(E)</sup> | 369063 | 350251 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-2A, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(D)</sup>, 03/25/2057 <sup>(E)</sup> | 823599 | 778607 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-3A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(D)</sup>, 04/25/2057 <sup>(E)</sup> | 517196 | 492727 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-4A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(D)</sup>, 05/25/2057 <sup>(E)</sup> | 378812 | 355273 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-1A, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(D)</sup>, 12/25/2057 <sup>(E)</sup> | 189524 | 180910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-RPL1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(D)</sup>, 12/25/2057 <sup>(E)</sup> | 268497 | 256338 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-4A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(D)</sup>, 12/25/2058 <sup>(E)</sup> | 967533 | 900764 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-5A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(D)</sup>, 08/25/2059 <sup>(E)</sup> | 878870 | 826077 |
|  One Market Plaza Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1MKT, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.61%, 02/10/2032 <sup>(E)</sup> | 1373000 | 1290297 |
|  Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% <sup>(D)</sup>, 11/25/2061 <sup>(E)</sup> | 2146476 | 1950131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/25/2063 <sup>(E)</sup> | 1475000 | 1406117 |
|  UBS-BAMLL Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-WRM, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.66%, 06/10/2030 <sup>(E)</sup> | 17746 | 17518 |
|  **Total Mortgage-Backed Securities<br>(Cost $27,464,494)** | **Total Mortgage-Backed Securities<br>(Cost $27,464,494)** | 25064585 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS - 9.4%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS - 9.4%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS - 9.4%** |
|  Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2035 | 105068 | 107952 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/2041 | 44918 | 47181 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 06/25/2030 | 2547000 | 2114503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.81%, 01/25/2025 | 1758546 | 1701417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 06/25/2027 | 316000 | 310587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.01%, 07/25/2025 | 2408000 | 2330406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% <sup>(D)</sup>, 08/25/2024 | 1771331 | 1728344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 01/25/2024 | 1298000 | 1280415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.53% <sup>(D)</sup>, 07/25/2023 | 993188 | 985174 |
|  Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.52%,<br>2.86% <sup>(D)</sup>, 02/01/2043 | 16382 | 16109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.33% <sup>(D)</sup>, 10/25/2023 | 65024 | 63874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/2028 - 11/01/2028 | 115431 | 113617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/2026 - 06/01/2042 | 34058 | 33623 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/2025 - 06/01/2026 | 28025 | 28301 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2039 - 11/01/2039 | 549897 | 559045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/01/2036 - 12/01/2041 | 404245 | 423763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 08/01/2036 - 06/01/2041 | 565623 | 596252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 05/01/2040 | 50341 | 53374 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 9** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)** | **U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)** | **U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)** |
|  Government National Mortgage Association, Interest Only STRIPS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-120, Class IO, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.64% <sup>(D)</sup>, 02/16/2053 | $227295 | $3642 |
|  Tennessee Valley Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/01/2036 | 774000 | 892704 |
|  Uniform Mortgage-Backed Security |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, TBA <sup>(G)</sup> | 14783000 | 12881025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, TBA <sup>(G)</sup> | 26320000 | 23239371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, TBA <sup>(G)</sup> | 19095000 | 17441287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, TBA <sup>(G)</sup> | 19429000 | 18299233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, TBA <sup>(G)</sup> | 12537000 | 12090859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, TBA <sup>(G)</sup> | 6466000 | 6379371 |
|  **Total U.S. Government Agency Obligations<br>(Cost $104,583,819)** | **Total U.S. Government Agency Obligations<br>(Cost $104,583,819)** | 103721429 |
| **U.S. GOVERNMENT OBLIGATIONS - 9.9%** | **U.S. GOVERNMENT OBLIGATIONS - 9.9%** | **U.S. GOVERNMENT OBLIGATIONS - 9.9%** |
| **U.S. Treasury - 9.2%** | **U.S. Treasury - 9.2%** | **U.S. Treasury - 9.2%** |
|  U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 05/15/2050 | 2253000 | 1311932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/2051 - 11/15/2051 | 6386000 | 4355116 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/15/2050 | 1799000 | 1274339 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/2046 - 02/15/2052 | 5391000 | 4043343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 02/15/2042 - 05/15/2051 | 4697000 | 3742992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/15/2045 - 05/15/2046 | 7240000 | 5792075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/15/2042 - 11/15/2047 | 3376900 | 2835224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/2045 - 05/15/2049 | 2261600 | 1936473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/2042 - 08/15/2052 | 3912300 | 3431525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 02/15/2042 - 05/15/2048 | 6049600 | 5506935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/15/2044 | 1985000 | 1928707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/2052 | 1001000 | 1062155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/2029 | 1098000 | 1190772 |
|  U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 05/31/2023 <sup>(A)</sup> | 440000 | 433469 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 08/31/2025 <sup>(A)</sup> | 1084000 | 985085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 05/15/2030 - 08/15/2030 | 8926000 | 7266842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 06/30/2026 | 848200 | 768714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/15/2031 | 4704000 | 3950441 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/15/2031 | 3962000 | 3331330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/15/2026 - 02/15/2030 | 4601100 | 4116276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 02/15/2026 - 05/15/2031 | 14376600 | 12775452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 05/15/2023 <sup>(A)</sup> | 500000 | 495859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/2032 | 2441800 | 2136766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/2025 <sup>(A)</sup> | 856100 | 818010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/2027 | 2238500 | 2099818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/15/2023 - 05/31/2024 | 8067000 | 7951850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/15/2029 | 653500 | 617711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/15/2025 - 08/15/2032 | 4477000 | 4216605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/2028 - 05/15/2032 | 3080600 | 2943600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/2028 <sup>(A)</sup> | 1510400 | 1451282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/2028 | 1189500 | 1157160 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/30/2027 | 1051400 | 1061750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 09/30/2027 - 11/15/2032 | 4443200 | 4644458 |
|  |  | 101634066 |
| **U.S. Treasury Inflation-Protected Securities - 0.7%** | **U.S. Treasury Inflation-Protected Securities - 0.7%** | **U.S. Treasury Inflation-Protected Securities - 0.7%** |
|  U.S. Treasury Inflation-Protected Indexed Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 02/15/2050 | 1842410 | 1326517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/15/2028 | 1065848 | 1082272 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **U.S. GOVERNMENT OBLIGATIONS (continued)** | **U.S. GOVERNMENT OBLIGATIONS (continued)** | **U.S. GOVERNMENT OBLIGATIONS (continued)** |
| **U.S. Treasury Inflation-Protected Securities (continued)** | **U.S. Treasury Inflation-Protected Securities (continued)** | **U.S. Treasury Inflation-Protected Securities (continued)** |
|  U.S. Treasury Inflation-Protected Indexed Bonds (continued) | U.S. Treasury Inflation-Protected Indexed Bonds (continued) | U.S. Treasury Inflation-Protected Indexed Bonds (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/2029 | $3627000 | $3852448 |
|  U.S. Treasury Inflation-Protected Indexed Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 07/15/2030 | 2450132 | 2248140 |
|  |  | 8509377 |
|  **Total U.S. Government Obligations<br>(Cost $123,219,835)** | **Total U.S. Government Obligations<br>(Cost $123,219,835)** | 110143443 |
| **COMMERCIAL PAPER - 7.5%** | **COMMERCIAL PAPER - 7.5%** | **COMMERCIAL PAPER - 7.5%** |
| **Banks - 2.8%** | **Banks - 2.8%** | **Banks - 2.8%** |
|  Australia & New Zealand Banking Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16% <sup>(H)</sup>, 07/10/2023 | 3250000 | 3182530 |
|  Bedford Row Funding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% <sup>(H)</sup>, 02/07/2023 | 4000000 | 3996531 |
|  BofA Securities, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21% <sup>(H)</sup>, 07/13/2023 | 4510000 | 4409410 |
|  Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21% <sup>(H)</sup>, 07/05/2023 | 1000000 | 979342 |
|  DBS Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08% <sup>(H)</sup>, 07/27/2023 | 4800000 | 4682897 |
|  Korea Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35% <sup>(H)</sup>, 06/14/2023 | 3035000 | 2980865 |
|  Lloyds Bank PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09% <sup>(H)</sup>, 07/18/2023 | 4200000 | 4104371 |
|  Mackinac Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81% <sup>(H)</sup>, 03/01/2023 | 4500000 | 4483343 |
|  Svenska Handelsbanken AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.06% <sup>(H)</sup>, 07/24/2023 | 3000000 | 2929849 |
|  |  | 31749138 |
| **Diversified Financial Services - 4.0%** | **Diversified Financial Services - 4.0%** | **Diversified Financial Services - 4.0%** |
|  Atlantic Asset Securitization LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74% <sup>(H)</sup>, 02/15/2023 | 2500000 | 2495311 |
|  Chariot Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15% <sup>(H)</sup>, 07/06/2023 - 07/13/2023 | 4675000 | 4571269 |
|  Collateralized Commercial Paper V Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72% <sup>(H)</sup>, 02/01/2023 | 4750000 | 4749432 |
|  Glencove Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77% <sup>(H)</sup>, 02/17/2023 | 4500000 | 4490418 |
|  Gotham Funding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(H)</sup>, 02/14/2023 | 3000000 | 2994758 |
|  Lexington Parker Capital Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77% <sup>(H)</sup>, 03/03/2023 | 4500000 | 4482322 |
|  Liberty Street Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(H)</sup>, 02/07/2023 | 2100000 | 2098175 |
|  Mont Blanc Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.61% <sup>(H)</sup>, 02/07/2023 | 3600000 | 3596871 |
|  Sheffield Receivables Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(H)</sup>, 03/06/2023 | 4750000 | 4729270 |
|  Thunder Bay Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.03% <sup>(H)</sup>, 05/12/2023 - 05/18/2023 | 4844000 | 4778488 |
|  Victory Receivables Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(H)</sup>, 02/09/2023 | 5000000 | 4994403 |
|  |  | 43980717 |
| **Food Products - 0.2%** | **Food Products - 0.2%** | **Food Products - 0.2%** |
|  Britannia Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79% <sup>(H)</sup>, 02/07/2023 | 2510000 | 2507814 |
| **Health Care Providers & Services - 0.3%** | **Health Care Providers & Services - 0.3%** | **Health Care Providers & Services - 0.3%** |
|  Columbia Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72% <sup>(H)</sup>, 03/01/2023 | 3310000 | 3297852 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 10** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **COMMERCIAL PAPER (continued)** | **COMMERCIAL PAPER (continued)** | **COMMERCIAL PAPER (continued)** |
| **Software - 0.2%** | **Software - 0.2%** | **Software - 0.2%** |
|  Manhattan Asset Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% <sup>(H)</sup>, 07/10/2023 | $2100000 | $2053921 |
|  **Total Commercial Paper<br>(Cost $83,585,374)** | **Total Commercial Paper<br>(Cost $83,585,374)** | 83589442 |
| **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 0.5%** | **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 0.5%** | **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 0.5%** |
|  U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28% <sup>(H)</sup>, 03/09/2023 | 4108000 | 4089662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.66% <sup>(H)</sup>, 06/08/2023 | 1761000 | 1732639 |
|  **Total Short-Term U.S. Government Obligations<br>(Cost $5,823,916)** | **Total Short-Term U.S. Government Obligations<br>(Cost $5,823,916)** | 5822301 |
|  | **Shares** | **Value** |
| **OTHER INVESTMENT COMPANY - 0.1%** | **OTHER INVESTMENT COMPANY - 0.1%** | **OTHER INVESTMENT COMPANY - 0.1%** |
| **Securities Lending Collateral - 0.1%** | **Securities Lending Collateral - 0.1%** | **Securities Lending Collateral - 0.1%** |
|  State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 4.30% <sup>(H)</sup> | 1206406 | 1206406 |
|  **Total Other Investment Company<br>(Cost $1,206,406)** | **Total Other Investment Company<br>(Cost $1,206,406)** | 1206406 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **REPURCHASE AGREEMENT - 1.2%** | **REPURCHASE AGREEMENT - 1.2%** | **REPURCHASE AGREEMENT - 1.2%** |
|  Fixed Income Clearing Corp., 1.80% <sup>(H)</sup>, dated 01/31/2023, to be repurchased at $13,695,265 on 02/01/2023. Collateralized by U.S. Government Obligations, 0.13% - 1.75%, due 07/15/2024 - 07/31/2024, and with a total value of $13,968,232. | $13694276 | $13694276 |
|  **Total Repurchase Agreement<br>(Cost $13,694,276)** | **Total Repurchase Agreement<br>(Cost $13,694,276)** | 13694276 |
|  **Total Investments<br>(Cost $953,553,725)** | **Total Investments<br>(Cost $953,553,725)** | 1195635445 |
|  **Net Other Assets (Liabilities) - (7.9)%** |  | (87832376) |
|  **Net Assets - 100.0%** |  | **$1107803069** |

---

**FUTURES CONTRACTS:** 

------

**Long Futures Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Amount** | **Value** | **Unrealized<br>Appreciation** | **Unrealized<br>Depreciation** |
|  S&P 500<sup>®</sup> E-Mini Index | 39 | 03/17/2023 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7839346 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7975500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136154 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

**INVESTMENT VALUATION:** 

------

**Valuation Inputs <sup>(I)</sup>** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -<br>Unadjusted<br>Quoted<br>Prices** | **Level 2 -<br>Other<br>Significant<br>Observable<br>Inputs** | **Level 3 -<br>Significant<br>Unobservable<br>Inputs** | **Value** |
|  **ASSETS** |  |  |  |  |
|  **Investments** | **Investments** | **Investments** | **Investments** | **Investments** |
|  Common Stocks | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669880076 | $— | $— | $669880076 |
|  Preferred Stocks | 882711 |  |  | 882711 |
|  Asset-Backed Securities |  | 23976483 |  | 23976483 |
|  Corporate Debt Securities |  | 152845520 |  | 152845520 |
|  Foreign Government Obligations |  | 4808773 |  | 4808773 |
|  Mortgage-Backed Securities |  | 25064585 |  | 25064585 |
|  U.S. Government Agency Obligations |  | 103721429 |  | 103721429 |
|  U.S. Government Obligations |  | 110143443 |  | 110143443 |
|  Commercial Paper |  | 83589442 |  | 83589442 |
|  Short-Term U.S. Government Obligations |  | 5822301 |  | 5822301 |
|  Other Investment Company | 1206406 |  |  | 1206406 |
|  Repurchase Agreement |  | 13694276 |  | 13694276 |
|  **Total Investments** | $**671969193** | $**523666252** | $**—** | $**1195635445** |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
|  Futures Contracts <sup>(J)</sup> | $136154 | $— | $— | $136154 |
|  **Total Other Financial Instruments** | $**136154** | $**—** | $**—** | $**136154** |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 11** |

---

**Transamerica Multi-Managed Balanced** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

(A) *All or a portion of the securities are on loan. The total value of all securities on loan is $16,483,747, collateralized by cash collateral of $1,206,406 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $15,624,109. 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.* 

(B) *Non-income producing securities.* 

(C) *Percentage rounds to less than 0.1% or (0.1)%.* 

(D) *Floating or variable rate securities. The rates disclosed are as of January 31, 2023. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.* 

(E) *Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, the total value of 144A securities is $84,468,784, representing 7.6% of the Fund's net assets.* 

(F) *Perpetual maturity. The date displayed is the next call date.* 

(G) *When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after January 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.* 

(H) *Rates disclosed reflect the yields at January 31, 2023.* 

(I) *There were no transfers in or out of Level 3 during the period ended January 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

(J) *Derivative instruments are valued at unrealized appreciation (depreciation).* 

**PORTFOLIO ABBREVIATIONS:** 

---

| | |
|:---|:---|
|  LIBOR | *London Interbank Offered Rate* |
|  STRIPS | *Separate Trading of Registered Interest and Principal of Securities* |
|  TBA | *To Be Announced* |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 12** |

---

**Transamerica Multi-Managed Balanced** 

------

**NOTES TO SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

**INVESTMENT VALUATION** 

Transamerica Multi-Managed Balanced (the "Fund") is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange ("NYSE") each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments and derivative instruments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value ("NAV") per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at January 31, 2023, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

**Fair value measurements**: Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Equity securities:* Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

*Foreign equity securities: S*ecurities in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, or ETFs and the movement of certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.

*Asset-backed securities*: The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*Corporate debt securities*: The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 13** |

---

**Transamerica Multi-Managed Balanced** 

------

**NOTES TO SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

*Foreign government obligations*: Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Mortgage-backed securities:* The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

*U.S. government agency obligations*: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced ("TBA") securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*U.S. government obligations*: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Commercial paper:* Commercial paper is valued using amortized cost, which approximates fair value. The values are generally categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Short-term notes:* The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Securities lending collateral:* Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

*Repurchase agreements:* Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

*Derivative instruments*: Centrally cleared or listed derivatives that are actively traded are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy. Over-the-counter ("OTC") derivative contracts include forward, swap, swaption, and option contracts related to interest rates, foreign currencies, credit standing of reference entities, equity prices, or commodity prices. Depending on the product and the terms of the transaction, the fair value of the OTC derivative products are modeled taking into account the counterparties' creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments and the pricing inputs are observed from actively quoted markets, as is the case of interest rate swap and option contracts. The majority of OTC derivative products valued by the Fund using pricing models fall into this category and are categorized within Level 2 of the fair value hierarchy or Level 3 if inputs are unobservable.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 14** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRANSAMERICA FUNDS

- **b. Investment Company Act file number:** 811-04556

- **c. CIK number of Registrant:** 0000787623

- **d. LEI of Registrant:** 54930088ZHZE1VMYEY52

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

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

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

- **a. Name of Series:** Transamerica Multi-Managed Balanced

- **b. EDGAR series identifier (if any):** S000007792

- **c. LEI of Series:** 549300MJHMS7743W9J94

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1219658334.33

**Total Liabilities:** $112083404.01

**Net Assets:** $1107574930.32

**Delayed Delivery Securities:** $90901297.02

**Cash Not Reported:** $492438.71

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -637.05000000 | **1-Year:** -12340.83000000 | **5-Year:** -34908.52000000 | **10-Year:** -44362.20000000 | **30-Year:** -18393.03000000

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

- **3-Month:** -108.77000000 | **1-Year:** -1090.69000000 | **5-Year:** -3034.19000000 | **10-Year:** -1211.56000000 | **30-Year:** -190.19000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000081953 | 4.96%                | -3.83%               | 5.13%                |
| Class ID C000021228 | 4.95%                | -3.87%               | 5.12%                |
| Class ID C000021230 | 4.85%                | -3.91%               | 5.07%                |
| Class ID C000156741 | 4.95%                | -3.80%               | 5.13%                |
| Class ID C000234683 | 4.91%                | -3.84%               | 5.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-681992.71              | $52402781.25                               |
| Month 2  | $6137592.58              | $-50104103.34                              |
| Month 3  | $2467908.07              | $50420600.35                               |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Honeywell International Inc                                                     | Honeywell International, Inc.                                                     | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     35788 | NS      | $7461082.24   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89175JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    229600 | PA      | $219312.76    | 0.02%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410K3K8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3646 | PA      | $3846.08      | 0.00%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| One Market Plaza Trust                                                          | One Market Plaza Trust                                                            | CUSIP: 68245HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1373000 | PA      | $1290297.07   | 0.12%             | 2032-02-10      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                       | Apple, Inc.                                                                       | CUSIP: 037833DW7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    637000 | PA      | $448597.93    | 0.04%             | 2050-05-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410KN34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77576 | PA      | $81572.78     | 0.01%             | 2038-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828R36<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1957000 | PA      | $1823144.25   | 0.16%             | 2026-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                             | JPMorgan Chase & Co.                                                              | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1512000 | PA      | $1357245.09   | 0.12%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                          | Skyworks Solutions, Inc.                                                          | CUSIP: 83088MAK8<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    379000 | PA      | $338387.06    | 0.03%             | 2026-06-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                         | Astrazeneca Finance LLC                                                           | CUSIP: 04636NAA1<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    388000 | PA      | $350020.20    | 0.03%             | 2026-05-28      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2253000 | PA      | $1311932.47   | 0.12%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                            | Freeport-McMoRan, Inc.                                                            | CUSIP: 35671DAZ8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   1088000 | PA      | $1084300.80   | 0.10%             | 2023-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1070000 | PA      | $915978.52    | 0.08%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                           | Arrow Electronics, Inc.                                                           | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    886000 | PA      | $732972.35    | 0.07%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    653500 | PA      | $617710.67    | 0.06%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1308900 | PA      | $1091397.63   | 0.10%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp.                                                             | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    872000 | PA      | $830449.46    | 0.07%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc                                                                  | Salesforce, Inc.                                                                  | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2978 | NS      | $500214.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                                      | Intuit, Inc.                                                                      | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     10114 | NS      | $4274884.38   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                                                         | Dow, Inc.                                                                         | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     18313 | NS      | $1086876.55   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Capital XIII                                                          | Citigroup Capital XIII                                                            | CUSIP: 173080201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     29988 | NS      | $861255.36    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA CORP                                                                      | Cigna Corp.                                                                       | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    862000 | PA      | $742205.59    | 0.07%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BofA Securities Inc                                                             | BofA Securities, Inc.                                                             | CUSIP: 06054PUD6<br>LEI: 549300HN4UKV1E2R3U73 | Long             | STIV             | CORP              | US        |   4510000 | PA      | $4409409.73   | 0.40%             | 2023-07-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA/NY                                                     | Cooperatieve Rabobank UA                                                          | CUSIP: 21687BU58<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $979341.94    | 0.09%             | 2023-07-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                         | Shell International Finance BV                                                    | CUSIP: 822582BX9<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    714000 | PA      | $671660.71    | 0.06%             | 2026-09-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United Parcel Service Inc                                                       | United Parcel Service, Inc.                                                       | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     36110 | NS      | $6688655.30   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| HYATT HOTELS CORP                                                               | Hyatt Hotels Corp.                                                                | CUSIP: 448579AN2<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    417000 | PA      | $395202.10    | 0.04%             | 2024-10-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418XDE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       633 | PA      | $638.00       | 0.00%             | 2025-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Accenture PLC                                                                   | Accenture PLC                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     22173 | NS      | $6187375.65   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    892000 | PA      | $773866.91    | 0.07%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                            | Freeport-McMoRan, Inc.                                                            | CUSIP: 35671DBL8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    481000 | PA      | $475306.25    | 0.04%             | 2024-11-14      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F040628<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12537000 | PA      | $12090859.07  | 1.09%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                        | Cleveland Electric Illuminating Co.                                               | CUSIP: 186108CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    117000 | PA      | $120174.82    | 0.01%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410KXL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4856 | PA      | $5126.34      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                           | Norfolk Southern Corp.                                                            | CUSIP: 655844CP1<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   1258000 | PA      | $1166259.26   | 0.11%             | 2053-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Bonds                                             | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1842410 | PA      | $1326517.07   | 0.12%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138Y3DW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    193746 | PA      | $203347.14    | 0.02%             | 2041-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                             | General Electric Co.                                                              | CUSIP: 369604BH5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    826000 | PA      | $758438.35    | 0.07%             | 2044-03-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Thunder Bay Funding LLC                                                         | Thunder Bay Funding LLC                                                           | CUSIP: 88602USC5<br>LEI: 549300D7DHGDB5EMW139 | Long             | STIV             | CORP              | US        |   3344000 | PA      | $3299652.34   | 0.30%             | 2023-05-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                                                        | Crowdstrike Holdings, Inc.                                                        | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    140000 | PA      | $120151.35    | 0.01%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    378812 | PA      | $355273.46    | 0.03%             | 2057-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chariot Funding LLC                                                             | Chariot Funding LLC                                                               | CUSIP: 15963UU61<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |    450000 | PA      | $440425.50    | 0.04%             | 2023-07-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3983000 | PA      | $3737174.22   | 0.34%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Chipotle Mexican Grill Inc                                                      | Chipotle Mexican Grill, Inc.                                                      | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2028 | NS      | $3338858.64   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                                            | Progressive Corp.                                                                 | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     43076 | NS      | $5873412.60   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sheffield Receivables Co LLC                                                    | Sheffield Receivables Co. LLC                                                     | CUSIP: 82124MQ60<br>LEI: 549300MYF6MOTU9T3G29 | Long             | STIV             | CORP              | US        |   4750000 | PA      | $4729269.67   | 0.43%             | 2023-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                          | Credit Suisse Group AG                                                            | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1477000 | PA      | $1412119.10   | 0.13%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BQ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    230000 | PA      | $230134.30    | 0.02%             | 2025-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc                                                      | Vertex Pharmaceuticals, Inc.                                                      | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     12382 | NS      | $4000624.20   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31417MLN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50256 | PA      | $51289.29     | 0.00%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mondelez International Inc                                                      | Mondelez International, Inc.                                                      | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     30915 | NS      | $2023077.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BMW US Capital LLC                                                              | BMW U.S. Capital LLC                                                              | CUSIP: 05565EAH8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    806000 | PA      | $764135.74    | 0.07%             | 2026-04-11      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                              | Union Pacific Corp.                                                               | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     12200 | NS      | $2491118.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                               | Johnson & Johnson                                                                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     35348 | NS      | $5776570.16   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 12592TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3050000 | PA      | $2857438.86   | 0.26%             | 2035-02-10      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                 | McDonald's Corp.                                                                  | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     12731 | NS      | $3404269.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                                          | UnitedHealth Group, Inc.                                                          | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     23303 | NS      | $11632624.57  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc                                                 | Philip Morris International, Inc.                                                 | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     23502 | NS      | $2449848.48   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                                                                  | Commerzbank AG                                                                    | CUSIP: 20259BAA9<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |   1955000 | PA      | $1972925.49   | 0.18%             | 2023-09-19      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    189363 | PA      | $182180.72    | 0.02%             | 2029-03-08      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                             | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1923888.97   | 0.17%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     95000 | PA      | $70834.02     | 0.01%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                                              | Viterra Finance BV                                                                | CUSIP: 92852LAC3<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |    878000 | PA      | $842767.62    | 0.08%             | 2027-04-21      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                            | JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.                             | CUSIP: 46590XAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    440000 | PA      | $377674.00    | 0.03%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRE Grand Islander Timeshare Issuer                                             | BRE Grand Islander Timeshare Issuer LLC                                           | CUSIP: 05584AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130063 | PA      | $125972.50    | 0.01%             | 2029-05-25      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                | Wells Fargo & Co.                                                                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    166049 | NS      | $7782716.63   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410DUT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6826 | PA      | $7139.66      | 0.00%             | 2036-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr                               | GM Financial Consumer Automobile Receivables Trust                                | CUSIP: 38013JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    480000 | PA      | $480613.20    | 0.04%             | 2026-03-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                                                           | Palmer Square CLO Ltd.                                                            | CUSIP: 69689CAW6<br>LEI: 549300PACXK2KP6J2T91 | Long             | ABS-CBDO         | CORP              | KY        |   1898487 | PA      | $1884272.63   | 0.17%             | 2030-07-20      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                                                              | NextEra Energy, Inc.                                                              | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89184 | NS      | $6655801.92   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Wellfleet CLO Ltd                                                               | Wellfleet CLO Ltd.                                                                | CUSIP: 94949LAL4<br>LEI: 254900SGJWAIVC8ISP96 | Long             | ABS-CBDO         | CORP              | KY        |    447996 | PA      | $444284.40    | 0.04%             | 2028-10-20      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                         | UDR, Inc.                                                                         | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               |  | US        |     37629 | NS      | $1602619.11   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corp                                                               | Marathon Oil Corp.                                                                | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |     39699 | NS      | $1090531.53   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCELORMITTAL SA                                                                | ArcelorMittal SA                                                                  | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |   1054000 | PA      | $1099312.16   | 0.10%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                           | Truist Financial Corp.                                                            | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1313040.04   | 0.12%             | 2034-01-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                               | Expedia Group, Inc.                                                               | CUSIP: 30212PAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $646328.71    | 0.06%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                        | Huntington Ingalls Industries, Inc.                                               | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   1103000 | PA      | $931259.76    | 0.08%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3092000 | PA      | $2104130.15   | 0.19%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418NYJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1257 | PA      | $1269.58      | 0.00%             | 2025-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                    | Broadcom, Inc.                                                                    | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    610000 | PA      | $464669.72    | 0.04%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                      | AbbVie, Inc.                                                                      | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     57627 | NS      | $8514389.25   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                                                   | Owens Corning                                                                     | CUSIP: 690742AB7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   1438000 | PA      | $1633129.48   | 0.15%             | 2036-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                    | Barclays PLC                                                                      | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1291000 | PA      | $1354583.12   | 0.12%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 12626LBN1<br>LEI: 549300BCCWSDWINK2593 | Long             | ABS-MBS          | CORP              | US        |   1310000 | PA      | $1292433.95   | 0.12%             | 2050-08-10      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                | Duke Energy Corp.                                                                 | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1113000 | PA      | $879771.92    | 0.08%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                             | Intesa Sanpaolo SpA                                                               | CUSIP: 46115HBV8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1667000 | PA      | $1819218.15   | 0.16%             | 2033-11-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828VB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $495859.38    | 0.04%             | 2023-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Seagate Technology Holdings PLC                                                 | Seagate Technology Holdings PLC                                                   | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     37472 | NS      | $2539852.16   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                              | Diageo Capital PLC                                                                | CUSIP: 25243YBH1<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    471000 | PA      | $508573.86    | 0.05%             | 2033-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                              | Alcon Finance Corp.                                                               | CUSIP: 01400EAA1<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |    600000 | PA      | $556961.86    | 0.05%             | 2026-09-23      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Air Products and Chemicals Inc                                                  | Air Products & Chemicals, Inc.                                                    | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      4201 | NS      | $1346462.51   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3665000 | PA      | $2940733.00   | 0.27%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                             | Carrier Global Corp.                                                              | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    539000 | PA      | $469786.30    | 0.04%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Ventas Inc                                                                      | Ventas, Inc.                                                                      | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     49437 | NS      | $2561330.97   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                        | Warnermedia Holdings, Inc.                                                        | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1176000 | PA      | $999446.57    | 0.09%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                          | Anglo American Capital PLC                                                        | CUSIP: 034863AU4<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |   1293000 | PA      | $1260271.62   | 0.11%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                        | Duke Energy Progress LLC                                                          | CUSIP: 26442UAE4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   1237000 | PA      | $983805.61    | 0.09%             | 2047-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120466 | PA      | $112431.98    | 0.01%             | 2035-11-26      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                         | Laboratory Corp. of America Holdings                                              | CUSIP: 50540RAW2<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    532000 | PA      | $475514.38    | 0.04%             | 2029-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CAJ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2962000 | PA      | $2691717.50   | 0.24%             | 2025-08-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: —       |
| Thermo Fisher Scientific Inc                                                    | Thermo Fisher Scientific, Inc.                                                    | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     13901 | NS      | $7928157.33   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                                           | Costco Wholesale Corp.                                                            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     10469 | NS      | $5351124.66   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                                                               | Expedia Group, Inc.                                                               | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16016 | NS      | $1830628.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829HAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    127755 | PA      | $117998.14    | 0.01%             | 2056-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Uber Technologies Inc                                                           | Uber Technologies, Inc.                                                           | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     19988 | NS      | $618228.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                                                                    | Teradyne, Inc.                                                                    | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     16729 | NS      | $1701339.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Colombia                                                            | Colombia Government International Bonds                                           | CUSIP: 195325BQ7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    235000 | PA      | $231379.05    | 0.02%             | 2024-02-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Gilead Sciences Inc                                                             | Gilead Sciences, Inc.                                                             | CUSIP: 375558BK8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    177000 | PA      | $156940.04    | 0.01%             | 2047-03-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1799000 | PA      | $1274338.52   | 0.12%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                          | Williams Cos., Inc.                                                               | CUSIP: 96950FAN4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     97000 | PA      | $94398.22     | 0.01%             | 2044-03-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89173UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    441622 | PA      | $421181.23    | 0.04%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Cognizant Technology Solutions Corp                                             | Cognizant Technology Solutions Corp.                                              | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     13304 | NS      | $888042.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                                                      | Masco Corp.                                                                       | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     30818 | NS      | $1639517.60   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                                                 | CMS Energy Corp.                                                                  | CUSIP: 125896BN9<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    141000 | PA      | $133912.84    | 0.01%             | 2044-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2031000 | PA      | $1539355.20   | 0.14%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                                               | EOG Resources, Inc.                                                               | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     31489 | NS      | $4164420.25   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                                                        | NIKE, Inc.                                                                        | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     30181 | NS      | $3842946.73   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc                                                     | BioMarin Pharmaceutical, Inc.                                                     | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |      6188 | NS      | $713785.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128K83G9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    105068 | PA      | $107951.56    | 0.01%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                 | Weyerhaeuser Co.                                                                  | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |   1001000 | PA      | $942490.32    | 0.09%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                        | Corporate Office Properties LP                                                    | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |    257000 | PA      | $203235.82    | 0.02%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                             | Ashtead Capital, Inc.                                                             | CUSIP: 045054AL7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    414000 | PA      | $385575.11    | 0.03%             | 2029-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank/New York NY                                              | Korea Development Bank                                                            | CUSIP: 5006E1TE4<br>LEI: 549300ML2LNRZUCS7149 | Long             | STIV             | CORP              | US        |   3035000 | PA      | $2980865.04   | 0.27%             | 2023-06-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                                                    | State Street Navigator Securities Lending Government Money Market Portfolio       | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   1192030 | NS      | $1192030.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                                                                       | Amgen, Inc.                                                                       | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    440000 | PA      | $355394.67    | 0.03%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     51000 | PA      | $45631.05     | 0.00%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Burlington Stores Inc                                                           | Burlington Stores, Inc.                                                           | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      5954 | NS      | $1368407.82   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1871200 | PA      | $1963005.75   | 0.18%             | 2032-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                      | AbbVie, Inc.                                                                      | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    733000 | PA      | $657784.53    | 0.06%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                                                        | Pioneer Natural Resources Co.                                                     | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    871000 | PA      | $718973.44    | 0.06%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup, Inc.                                                                   | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     39511 | NS      | $2063264.42   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1009000 | PA      | $860842.54    | 0.08%             | 2042-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Linde PLC                                                                       | Linde PLC                                                                         | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |     15359 | NS      | $5082907.46   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    812000 | PA      | $750148.43    | 0.07%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                         | Nissan Motor Acceptance Co. LLC                                                   | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    849000 | PA      | $687748.94    | 0.06%             | 2028-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Metlife Securitization Trust                                                    | MetLife Securitization Trust                                                      | CUSIP: 59166EAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     69842 | PA      | $67991.57     | 0.01%             | 2058-04-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CCD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    440000 | PA      | $433468.75    | 0.04%             | 2023-05-31      | Fixed         | 0.13%                 | No            |                  2 | On Loan: —       |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89173HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    103532 | PA      | $102289.69    | 0.01%             | 2057-04-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                           | General Dynamics Corp.                                                            | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3245 | NS      | $756279.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                          | NXP BV/NXP Funding LLC/NXP USA, Inc.                                              | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    656000 | PA      | $586225.37    | 0.05%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                                                            | Physicians Realty LP                                                              | CUSIP: 71951QAC6<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |    951000 | PA      | $778631.03    | 0.07%             | 2031-11-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418MWM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81798 | PA      | $83410.71     | 0.01%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SVB Financial Group                                                             | SVB Financial Group                                                               | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Long             | EC               | CORP              | US        |      1909 | NS      | $577357.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128M9WN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44918 | PA      | $47180.74     | 0.00%             | 2041-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                    | Comcast Corp.                                                                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    141796 | NS      | $5579672.60   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                                                       | Qorvo, Inc.                                                                       | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      2958 | NS      | $321416.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3294000 | PA      | $2250985.80   | 0.20%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Celanese Corp                                                                   | Celanese Corp.                                                                    | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |      4335 | NS      | $534072.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                                                              | PPG Industries, Inc.                                                              | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     20377 | NS      | $2655938.18   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     81552 | PA      | $75925.67     | 0.01%             | 2054-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                          | Aviation Capital Group LLC                                                        | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    677000 | PA      | $601901.81    | 0.05%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Marriott International Inc/MD                                                   | Marriott International, Inc.                                                      | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     13000 | NS      | $2264340.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd                                       | Australia & New Zealand Banking Group Ltd.                                        | CUSIP: 05253CUA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | STIV             | CORP              | AU        |   3250000 | PA      | $3182530.00   | 0.29%             | 2023-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                                               | Sierra Timeshare Receivables Funding LLC                                          | CUSIP: 82652QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660569 | PA      | $615405.10    | 0.06%             | 2037-11-20      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    369063 | PA      | $350251.00    | 0.03%             | 2057-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                     | Equifax, Inc.                                                                     | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    840000 | PA      | $851321.13    | 0.08%             | 2027-12-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Sun Communities Inc                                                             | Sun Communities, Inc.                                                             | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |     10442 | NS      | $1637932.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                                                                      | Nucor Corp.                                                                       | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      7285 | NS      | $1231310.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                                        | Clear Channel Outdoor Holdings, Inc.                                              | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    827000 | PA      | $755092.35    | 0.07%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                         | Shell International Finance BV                                                    | CUSIP: 822582BY7<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    351000 | PA      | $298009.72    | 0.03%             | 2046-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cintas Corp                                                                     | Cintas Corp.                                                                      | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1993 | NS      | $884373.82    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Trust I                                                          | American Tower Trust #1                                                           | CUSIP: 03027WAK8<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              |  | US        |    508000 | PA      | $476376.24    | 0.04%             | 2028-03-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FleetCor Technologies Inc                                                       | FleetCor Technologies, Inc.                                                       | CUSIP: 339041105<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     11961 | NS      | $2497576.41   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                                                   | Medtronic PLC                                                                     | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     31395 | NS      | $2627447.55   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                                                           | Truist Financial Corp.                                                            | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     84323 | NS      | $4164712.97   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMER AIRLINE 16-2 AA PTT                                                        | American Airlines Pass-Through Trust                                              | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    552981 | PA      | $491831.66    | 0.04%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31414GDN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5004 | PA      | $5247.52      | 0.00%             | 2037-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Advanced Micro Devices Inc                                                      | Advanced Micro Devices, Inc.                                                      | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     55855 | NS      | $4197503.25   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                                                              | Coterra Energy, Inc.                                                              | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     23695 | NS      | $593085.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                                                     | PepsiCo, Inc.                                                                     | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     24911 | NS      | $4260279.22   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                                                           | Texas Instruments, Inc.                                                           | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     41063 | NS      | $7276774.23   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                                                   | CME Group, Inc.                                                                   | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     21125 | NS      | $3731942.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Advance Receivables Trust Advance                               | NRZ Advance Receivables Trust                                                     | CUSIP: 62942QCW1<br>LEI: 549300RNWDDBV4LFKJ17 | Long             | ABS-O            | CORP              | US        |   1899640 | PA      | $1838800.78   | 0.17%             | 2053-09-15      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| Welk Resorts LLC                                                                | Welk Resorts LLC                                                                  | CUSIP: 94945PAA3<br>LEI: 549300MEV7EEC7NFNW78 | Long             | ABS-O            | CORP              | US        |    163783 | PA      | $163056.05    | 0.01%             | 2033-06-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| Centene Corp                                                                    | Centene Corp.                                                                     | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     30964 | NS      | $2360695.36   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                                    | Alphabet, Inc.                                                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    140461 | NS      | $13883165.24  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F030629<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16737000 | PA      | $15181936.21  | 1.37%             | 2053-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                        | Corporate Office Properties LP                                                    | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |    314000 | PA      | $283841.30    | 0.03%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                     | Phillips 66                                                                       | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      4957 | NS      | $497038.39    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Asset Funding Co LLC                                                  | Manhattan Asset Funding Co. LLC                                                   | CUSIP: 56274MUA8<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |   2100000 | PA      | $2053921.34   | 0.19%             | 2023-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc                                                        | Microchip Technology, Inc.                                                        | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     16589 | NS      | $1287638.18   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                          | Bunge Ltd. Finance Corp.                                                          | CUSIP: 120568BC3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    957000 | PA      | $817526.30    | 0.07%             | 2031-05-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410KHE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2646 | PA      | $2792.70      | 0.00%             | 2038-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Prologis Inc                                                                    | Prologis, Inc.                                                                    | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |     40040 | NS      | $5176371.20   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| 321 Henderson Receivables LLC                                                   | 321 Henderson Receivables VI LLC                                                  | CUSIP: 88576XAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    161494 | PA      | $157576.39    | 0.01%             | 2059-07-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                        | Avolon Holdings Funding Ltd.                                                      | CUSIP: 05401AAH4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    969000 | PA      | $908443.86    | 0.08%             | 2025-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                        | Visa, Inc.                                                                        | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     35730 | NS      | $8225403.30   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| WELLS FARGO & COMPANY                                                           | Wells Fargo & Co.                                                                 | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1660000 | PA      | $1653841.75   | 0.15%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138ELS79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32540 | PA      | $34294.96     | 0.00%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1191600 | PA      | $1020493.69   | 0.09%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                             | Eastman Chemical Co.                                                              | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     23030 | NS      | $2030555.10   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                                                          | Boston Scientific Corp.                                                           | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     66691 | NS      | $3084458.75   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                                                      | Zimmer Biomet Holdings, Inc.                                                      | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      6823 | NS      | $868840.82    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                            | Pilgrim's Pride Corp.                                                             | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1051000 | PA      | $855251.25    | 0.08%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc                                                             | Elevance Health, Inc.                                                             | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      8238 | NS      | $4118917.62   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                                                     | Lennar Corp.                                                                      | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     17375 | NS      | $1779200.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                                                                 | Baker Hughes Co.                                                                  | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35007 | NS      | $1111122.18   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                                           | NXP Semiconductors NV                                                             | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     32013 | NS      | $5900316.03   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                                                             | Leidos Holdings, Inc.                                                             | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     17086 | NS      | $1688780.24   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                                                 | AstraZeneca PLC                                                                   | CUSIP: 046353AU2<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    626000 | PA      | $597071.36    | 0.05%             | 2048-08-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Raymond James Financial Inc                                                     | Raymond James Financial, Inc.                                                     | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     17015 | NS      | $1918781.55   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                         | Public Service Electric & Gas Co.                                                 | CUSIP: 74456QBL9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    424000 | PA      | $408877.71    | 0.04%             | 2025-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                                                      | Biogen, Inc.                                                                      | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      8060 | NS      | $2344654.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                                                       | Block, Inc.                                                                       | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      5399 | NS      | $441206.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                | GoodLeap Sustainable Home Solutions Trust                                         | CUSIP: 38237HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    927443 | PA      | $754255.73    | 0.07%             | 2048-10-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                         | Procter & Gamble Co.                                                              | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     41221 | NS      | $5869045.98   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                        | Volkswagen Group of America Finance LLC                                           | CUSIP: 928668BN1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    644000 | PA      | $554652.00    | 0.05%             | 2027-11-24      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                         | Simon Property Group LP                                                           | CUSIP: 828807DM6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    717000 | PA      | $589831.81    | 0.05%             | 2031-02-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                                   | JG Wentworth XXII LLC                                                             | CUSIP: 46616MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    267641 | PA      | $261319.87    | 0.02%             | 2048-12-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                        | Sabine Pass Liquefaction LLC                                                      | CUSIP: 785592AU0<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    573000 | PA      | $552691.17    | 0.05%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Gotham Funding Corp                                                             | Gotham Funding Corp.                                                              | CUSIP: 38346MPE8<br>LEI: 549300Z2ZR7VTUMRPR17 | Long             | STIV             | CORP              | US        |   3000000 | PA      | $2994758.16   | 0.27%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Toll Brothers Inc                                                               | Toll Brothers, Inc.                                                               | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     14998 | NS      | $892231.02    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| 321 Henderson Receivables LLC                                                   | JGWPT XXVIII LLC                                                                  | CUSIP: 46617FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    663072 | PA      | $583788.48    | 0.05%             | 2067-04-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                               | State Street Corp.                                                                | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     16882 | NS      | $1541833.06   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Laurel Road Prime Student Loan Trust                                            | Laurel Road Prime Student Loan Trust                                              | CUSIP: 51888RAB6<br>LEI: 549300XLHGW4YH0MCQ51 | Long             | ABS-O            | CORP              | US        |     40271 | PA      | $39533.25     | 0.00%             | 2043-05-26      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138XCST0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63936 | PA      | $62929.77     | 0.01%             | 2028-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos Inc                                                                  | Lowe's Cos., Inc.                                                                 | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     33423 | NS      | $6960339.75   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F022428<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3936000 | PA      | $3677853.74   | 0.33%             | 2038-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                       | ONEOK, Inc.                                                                       | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1043000 | PA      | $1094090.51   | 0.10%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                     | Cargill, Inc.                                                                     | CUSIP: 141781BZ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    527000 | PA      | $546487.93    | 0.05%             | 2032-10-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                          | GE HealthCare Technologies, Inc.                                                  | CUSIP: 36267VAG8<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    412000 | PA      | $436355.88    | 0.04%             | 2030-03-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| Victory Receivables Corp                                                        | Victory Receivables Corp.                                                         | CUSIP: 92646LP95<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4994402.50   | 0.45%             | 2023-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                                                          | Aptiv PLC/Aptiv Corp.                                                             | CUSIP: 00217GAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    554000 | PA      | $477039.48    | 0.04%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                                                | Sensata Technologies, Inc.                                                        | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    403000 | PA      | $364876.20    | 0.03%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                             | Sprint Capital Corp.                                                              | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    135000 | PA      | $144388.93    | 0.01%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Workday Inc                                                                     | Workday, Inc.                                                                     | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      9644 | NS      | $1749710.92   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                                     | Royal Caribbean Cruises Ltd.                                                      | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |      4154 | NS      | $269760.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| GOLDMAN SACHS GROUP INC                                                         | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1519000 | PA      | $1297725.14   | 0.12%             | 2033-02-24      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                           | Norfolk Southern Corp.                                                            | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     13706 | NS      | $3369071.86   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1510400 | PA      | $1451282.01   | 0.13%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Microsoft Corp                                                                  | Microsoft Corp.                                                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    162203 | NS      | $40195525.43  | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                                                         | Magna International, Inc.                                                         | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     17141 | NS      | $1113136.54   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Lexington Parker Capital Co LLC                                                 | Lexington Parker Capital Co. LLC                                                  | CUSIP: 52953BQ30<br>LEI: 5493005MSQJBO8BDMA02 | Long             | STIV             | CORP              | US        |   4500000 | PA      | $4482322.25   | 0.40%             | 2023-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Bonds                                             | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3627000 | PA      | $3852448.01   | 0.35%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    661694 | PA      | $635128.82    | 0.06%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    520000 | PA      | $493199.65    | 0.04%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                   | Intercontinental Exchange, Inc.                                                   | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     29670 | NS      | $3191008.50   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1090000 | PA      | $837383.99    | 0.08%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4776000 | PA      | $3879567.20   | 0.35%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Trane Technologies PLC                                                          | Trane Technologies PLC                                                            | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     25153 | NS      | $4505405.36   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                                                | Duke Energy Corp.                                                                 | CUSIP: 26441CAN5<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    604000 | PA      | $595832.95    | 0.05%             | 2024-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418MY63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34644 | PA      | $36582.27     | 0.00%             | 2040-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                                      | FIXED INC CLEARING CORP.REPO                                                      | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  13694276 | PA      | $13694275.50  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                        | Constellation Brands, Inc.                                                        | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     11908 | NS      | $2756940.16   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138ABXV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2281 | PA      | $2264.75      | 0.00%             | 2026-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                                                     | NVIDIA Corp.                                                                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     41781 | NS      | $8162753.97   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                                                 | Best Buy Co., Inc.                                                                | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     28866 | NS      | $2560991.52   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                                                    | Chevron Corp.                                                                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15823 | NS      | $2753518.46   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                        | Take-Two Interactive Software, Inc.                                               | CUSIP: 874054AF6<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   1217000 | PA      | $1178288.79   | 0.11%             | 2025-04-14      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                                                                       | Adobe, Inc.                                                                       | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     15551 | NS      | $5759157.34   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                          | Verizon Communications, Inc.                                                      | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1656000 | PA      | $1094648.49   | 0.10%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                             | Intesa Sanpaolo SpA                                                               | CUSIP: 46115HAT4<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    420000 | PA      | $409629.57    | 0.04%             | 2024-06-26      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162645 | PA      | $150510.56    | 0.01%             | 2056-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                             | General Electric Co.                                                              | CUSIP: 369604BF9<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    494000 | PA      | $420335.77    | 0.04%             | 2042-10-09      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                             | Northern Trust Corp.                                                              | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   1247000 | PA      | $1367836.72   | 0.12%             | 2032-11-02      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                                                    | Alphabet, Inc.                                                                    | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    103363 | NS      | $10322862.81  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO LOGISTICS INC                                                               | GXO Logistics, Inc.                                                               | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1379165.67   | 0.12%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                               | Expedia Group, Inc.                                                               | CUSIP: 30212PBH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $47825.97     | 0.00%             | 2031-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                        | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                           | CUSIP: 00774MAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1120000 | PA      | $1084728.13   | 0.10%             | 2026-04-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                               | Chile Government International Bonds                                              | CUSIP: 168863DL9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    400000 | PA      | $300686.34    | 0.03%             | 2050-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| General Motors Co                                                               | General Motors Co.                                                                | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    262000 | PA      | $259848.61    | 0.02%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Trafigura Securitisation Finance Plc                                            | Trafigura Securitisation Finance PLC                                              | CUSIP: 892725AS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   1300000 | PA      | $1179023.30   | 0.11%             | 2025-01-15      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410KFF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7499 | PA      | $7903.59      | 0.00%             | 2038-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc                                                                  | BorgWarner, Inc.                                                                  | CUSIP: 099724AJ5<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    572000 | PA      | $552333.98    | 0.05%             | 2025-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| Sempra Energy                                                                   | Sempra Energy                                                                     | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     21065 | NS      | $3377351.45   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                                                         | O'Reilly Automotive, Inc.                                                         | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      3345 | NS      | $2650410.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                                                 | CVS Health Corp.                                                                  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     10723 | NS      | $945983.06    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours Inc                                                           | DuPont de Nemours, Inc.                                                           | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     15051 | NS      | $1113021.45   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416TL56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69935 | PA      | $70977.92     | 0.01%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walt Disney Co/The                                                              | Walt Disney Co.                                                                   | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      8975 | NS      | $973697.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                                                         | GSK Consumer Healthcare Capital U.S. LLC                                          | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1162429.90   | 0.10%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                               | Citigroup Mortgage Loan Trust, Inc.                                               | CUSIP: 17326QAA1<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |    193514 | PA      | $184563.90    | 0.02%             | 2064-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                           | Wells Fargo & Co.                                                                 | CUSIP: 949746RG8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    513000 | PA      | $500816.25    | 0.05%             | 2024-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                          | Pacific Gas & Electric Co.                                                        | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    611000 | PA      | $491811.65    | 0.04%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                                            | Entergy Arkansas LLC                                                              | CUSIP: 29364DAS9<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |    192000 | PA      | $189462.44    | 0.02%             | 2024-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                     | Target Corp.                                                                      | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      3410 | NS      | $586997.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3962000 | PA      | $3331330.07   | 0.30%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                                                          | Global Atlantic Fin Co.                                                           | CUSIP: 37959GAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1549000 | PA      | $1191352.54   | 0.11%             | 2031-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                | Black Hills Corp.                                                                 | CUSIP: 092113AH2<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    587000 | PA      | $583320.64    | 0.05%             | 2023-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                                                         | Ohio National Financial Services, Inc.                                            | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |   1642000 | PA      | $1559160.44   | 0.14%             | 2030-01-24      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4704000 | PA      | $3950441.26   | 0.36%             | 2031-02-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89177BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    722385 | PA      | $695342.48    | 0.06%             | 2058-03-25      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| New Residential Advance Receivables Trust Advance                               | New Residential Advance Receivables Trust Advance Receivables Backed              | CUSIP: 62942QCR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $1890501.60   | 0.17%             | 2053-08-15      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                                                 | MVW Owner Trust                                                                   | CUSIP: 55389PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94903 | PA      | $90176.73     | 0.01%             | 2036-11-20      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828MAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    517196 | PA      | $492726.84    | 0.04%             | 2057-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25816 | PA      | $25032.30     | 0.00%             | 2030-11-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                                                                | Coca-Cola Co.                                                                     | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    126399 | NS      | $7750786.68   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416CCW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    217622 | PA      | $219224.30    | 0.02%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2635100 | PA      | $2307874.10   | 0.21%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                 | DTE Electric Co.                                                                  | CUSIP: 23338VAD8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1305931.38   | 0.12%             | 2044-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Diamond Resorts Owner Trust                                                     | Diamond Resorts Owner Trust                                                       | CUSIP: 252722AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     80363 | PA      | $78760.15     | 0.01%             | 2032-02-20      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RAY5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    356000 | PA      | $354596.01    | 0.03%             | 2024-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                             | Citigroup Commercial Mortgage Trust                                               | CUSIP: 17323CAK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1153664.50   | 0.10%             | 2048-02-10      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                | Exxon Mobil Corp.                                                                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    111238 | NS      | $12904720.38  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                                                                     | Corning, Inc.                                                                     | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     25167 | NS      | $871029.87    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    550000 | PA      | $560248.05    | 0.05%             | 2027-09-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1434900 | PA      | $1380698.89   | 0.12%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                           | Keysight Technologies, Inc.                                                       | CUSIP: 49338LAE3<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    724000 | PA      | $723456.46    | 0.07%             | 2027-04-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BB-UBS Trust                                                                    | BB-UBS Trust                                                                      | CUSIP: 05490AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    441736 | PA      | $431946.91    | 0.04%             | 2030-06-05      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1736400 | PA      | $1518671.73   | 0.14%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts Inc                                                       | Host Hotels & Resorts, Inc.                                                       | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     17048 | NS      | $321354.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Tower Trust                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAN0<br>LEI: N/A                  | Long             | DBT              |  | US        |   2715000 | PA      | $2565552.01   | 0.23%             | 2025-01-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CER8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    367000 | PA      | $356950.51    | 0.03%             | 2024-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1189500 | PA      | $1157160.47   | 0.10%             | 2028-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                | BAT Capital Corp.                                                                 | CUSIP: 05526DBR5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    971000 | PA      | $833377.22    | 0.08%             | 2028-03-25      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128285Z9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1245000 | PA      | $1217814.25   | 0.11%             | 2024-01-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                        | Lloyds Banking Group PLC                                                          | CUSIP: 539439AW9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    807000 | PA      | $919718.69    | 0.08%             | 2033-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RAT6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    559000 | PA      | $498730.46    | 0.05%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                             | Citigroup Commercial Mortgage Trust                                               | CUSIP: 17322AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $216266.97    | 0.02%             | 2047-03-11      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                | Deutsche Bank AG                                                                  | CUSIP: 251525AM3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1270000 | PA      | $1238661.98   | 0.11%             | 2028-05-24      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16991000 | PA      | $15923420.98  | 1.44%             | 2053-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032427<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2438000 | PA      | $2375811.96   | 0.21%             | 2038-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31419A4H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2465 | PA      | $2579.70      | 0.00%             | 2040-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RAZ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    499000 | PA      | $492444.30    | 0.04%             | 2043-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                   | Martin Marietta Materials, Inc.                                                   | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      1492 | NS      | $536582.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89176EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    309857 | PA      | $299880.45    | 0.03%             | 2058-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| TJX Cos Inc/The                                                                 | TJX Cos., Inc.                                                                    | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     25895 | NS      | $2119764.70   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Receivables Funding Co LLC                                               | Sierra Timeshare Receivables Funding LLC                                          | CUSIP: 826525AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208633 | PA      | $197126.22    | 0.02%             | 2037-07-20      | Fixed         | 1.33%                 | No            |                  2 | On Loan: No      |
| Monster Beverage Corp                                                           | Monster Beverage Corp.                                                            | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      7689 | NS      | $800271.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                                                          | Berkshire Hathaway, Inc.                                                          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     32086 | NS      | $9995430.72   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                         | Oncor Electric Delivery Co. LLC                                                   | CUSIP: 68233JAS3<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     70000 | PA      | $73692.84     | 0.01%             | 2042-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138ELMZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16584 | PA      | $16324.43     | 0.00%             | 2028-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                    | Comcast Corp.                                                                     | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    372000 | PA      | $251899.16    | 0.02%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                             | Citigroup Commercial Mortgage Trust                                               | CUSIP: 17322AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68151 | PA      | $67150.21     | 0.01%             | 2047-03-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410FRW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    134291 | PA      | $140782.05    | 0.01%             | 2036-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                        | Microchip Technology, Inc.                                                        | CUSIP: 595017BC7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    684000 | PA      | $640258.51    | 0.06%             | 2024-09-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                          | NBCUniversal Media LLC                                                            | CUSIP: 63946BAJ9<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |    456000 | PA      | $425178.57    | 0.04%             | 2043-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                     | Netflix, Inc.                                                                     | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     11801 | NS      | $4175901.86   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                                                      | Cadence Design Systems, Inc.                                                      | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      5191 | NS      | $949070.53    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Asset Securitization LLC                                               | Atlantic Asset Securitization LLC                                                 | CUSIP: 04821UPF3<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |   2500000 | PA      | $2495311.45   | 0.23%             | 2023-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Intuitive Surgical Inc                                                          | Intuitive Surgical, Inc.                                                          | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     14657 | NS      | $3601078.33   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F020422<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6688000 | PA      | $6074585.00   | 0.55%             | 2038-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                        | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1497000 | PA      | $1403138.10   | 0.13%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                | Carlisle Cos., Inc.                                                               | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    784000 | PA      | $624128.93    | 0.06%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                          | Credit Suisse Group AG                                                            | CUSIP: 225401AM0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    772000 | PA      | $705742.85    | 0.06%             | 2025-09-11      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     31553 | PA      | $30606.27     | 0.00%             | 2030-11-08      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                  | Mastercard, Inc.                                                                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     30724 | NS      | $11386314.40  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416AWL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49220 | PA      | $51483.20     | 0.00%             | 2038-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                        | AT&T, Inc.                                                                        | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     10250 | NS      | $208792.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                          | Boardwalk Pipelines LP                                                            | CUSIP: 096630AH1<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    390000 | PA      | $347465.39    | 0.03%             | 2031-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                                                           | Southwest Airlines Co.                                                            | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     18125 | NS      | $648331.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410K3E2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1341 | PA      | $1398.95      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                               | Sysco Corp.                                                                       | CUSIP: 871829BC0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    945000 | PA      | $907920.16    | 0.08%             | 2026-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Holding Corp                                                | Booz Allen Hamilton Holding Corp.                                                 | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |      5839 | NS      | $552602.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                                    | Broadcom, Inc.                                                                    | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2088 | NS      | $1221500.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp.                                                             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    153716 | NS      | $5453843.68   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                                            | Rackspace Technology Global, Inc.                                                 | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |    763000 | PA      | $462301.70    | 0.04%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                 | CVS Health Corp.                                                                  | CUSIP: 126650DP2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    858000 | PA      | $616766.26    | 0.06%             | 2040-08-21      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BB-UBS Trust                                                                    | BB-UBS Trust                                                                      | CUSIP: 05538UAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3045000 | PA      | $29121.77     | 0.00%             | 2036-11-05      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                              | Sonoco Products Co.                                                               | CUSIP: 835495AN2<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    665000 | PA      | $600821.80    | 0.05%             | 2027-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F020620<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8095000 | PA      | $6806440.41   | 0.61%             | 2053-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                          | CNH Industrial Capital LLC                                                        | CUSIP: 12592BAP9<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $1024973.07   | 0.09%             | 2025-10-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                        | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                           | CUSIP: 00774MAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    849000 | PA      | $844325.17    | 0.08%             | 2023-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Tesla Inc                                                                       | Tesla, Inc.                                                                       | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     52446 | NS      | $9084696.12   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                                      | U.S. Bancorp                                                                      | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    120011 | NS      | $5976547.80   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                          | Aviation Capital Group LLC                                                        | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   1296000 | PA      | $1282946.38   | 0.12%             | 2024-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137B7YY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1298000 | PA      | $1280414.96   | 0.12%             | 2024-01-25      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    445000 | PA      | $452222.35    | 0.04%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                                                              | Home Depot, Inc.                                                                  | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     12348 | NS      | $4002851.16   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                                                       | Baidu, Inc.                                                                       | CUSIP: 056752AM0<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |   1990000 | PA      | $1967836.59   | 0.18%             | 2024-05-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138ELS87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9794 | PA      | $10337.91     | 0.00%             | 2041-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                                | Carlisle Cos., Inc.                                                               | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    610000 | PA      | $584146.01    | 0.05%             | 2027-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                                                           | Camden Property Trust                                                             | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               |  | US        |      4118 | NS      | $507378.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Inc                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    527000 | PA      | $498491.96    | 0.05%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DBS Bank Ltd                                                                    | DBS Bank Ltd.                                                                     | CUSIP: 23305EUT8<br>LEI: ATUEL7OJR5057F2PV266 | Long             | STIV             | CORP              | SG        |   4800000 | PA      | $4682896.80   | 0.42%             | 2023-07-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                     | Oracle Corp.                                                                      | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    951000 | PA      | $1092949.55   | 0.10%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137FBU61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    316000 | PA      | $310586.85    | 0.03%             | 2027-06-25      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830GAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189524 | PA      | $180910.42    | 0.02%             | 2057-12-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Britannia Funding Co LLC                                                        | Britannia Funding Co. LLC                                                         | CUSIP: 11042MP77<br>LEI: 549300X2ZBE7GS6QP587 | Long             | STIV             | CORP              | US        |   2510000 | PA      | $2507813.51   | 0.23%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    226000 | PA      | $201272.42    | 0.02%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mont Blanc Capital Corp                                                         | Mont Blanc Capital Corp.                                                          | CUSIP: 6117P5P76<br>LEI: 549300NC8BUDZTUFIQ67 | Long             | STIV             | CORP              | US        |   3600000 | PA      | $3596870.99   | 0.32%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                    | CSMC Trust                                                                        | CUSIP: 12657GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1231469 | PA      | $1098504.26   | 0.10%             | 2060-10-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   4108000 | PA      | $4089661.89   | 0.37%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                            | Bank of America Corp.                                                             | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2086000 | PA      | $2010401.96   | 0.18%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    785000 | PA      | $775498.93    | 0.07%             | 2033-07-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                        | Government National Mortgage Association                                          | CUSIP: 38378BM71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    227295 | PA      | $3642.44      | 0.00%             | 2053-02-16      | Variable      | 0.64%                 | No            |                  2 | On Loan: No      |
| PG&E Corp                                                                       | PG&E Corp.                                                                        | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    159650 | NS      | $2538435.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                                                                  | AutoNation, Inc.                                                                  | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8544 | NS      | $1082695.68   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31417SBN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    130286 | PA      | $134142.68    | 0.01%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RBB4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    397000 | PA      | $403966.52    | 0.04%             | 2024-02-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| BXG Receivables Note Trust                                                      | BXG Receivables Note Trust                                                        | CUSIP: 05606XAA2<br>LEI: 549300R4HW4HQYM9LE23 | Long             | ABS-O            | CORP              | US        |     94533 | PA      | $90862.70     | 0.01%             | 2030-05-02      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                             | Abbott Laboratories                                                               | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     35262 | NS      | $3898214.10   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MVW Owner Trust                                                                 | MVW LLC                                                                           | CUSIP: 55389TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    523937 | PA      | $478471.54    | 0.04%             | 2041-01-22      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829KBV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    823599 | PA      | $778607.29    | 0.07%             | 2057-03-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                              | Realty Income Corp.                                                               | CUSIP: 756109BP8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    393000 | PA      | $415567.18    | 0.04%             | 2032-10-13      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796ZP7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   1761000 | PA      | $1732638.76   | 0.16%             | 2023-06-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                           | Molina Healthcare, Inc.                                                           | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    362000 | PA      | $334325.10    | 0.03%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Glencove Funding LLC                                                            | Glencove Funding LLC                                                              | CUSIP: 37828XPH6<br>LEI: 549300XUUQZO7I38ZR06 | Long             | STIV             | CORP              | IE        |   4500000 | PA      | $4490418.38   | 0.41%             | 2023-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAP5<br>LEI: N/A                  | Long             | DBT              |  | US        |    746000 | PA      | $669736.94    | 0.06%             | 2026-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp                                                         | SBA Communications Corp.                                                          | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |     11194 | NS      | $3330550.82   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    101765 | PA      | $100247.63    | 0.01%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                  | Federal National Mortgage Association-Aces                                        | CUSIP: 3136AHAG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65024 | PA      | $63874.00     | 0.01%             | 2023-10-25      | Variable      | 3.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EL6E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34911 | PA      | $34363.51     | 0.00%             | 2028-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137FWG79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2547000 | PA      | $2114503.35   | 0.19%             | 2030-06-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Domino's Pizza Inc                                                              | Domino's Pizza, Inc.                                                              | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      2548 | NS      | $899444.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                                                            | Parker-Hannifin Corp.                                                             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     11563 | NS      | $3769538.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleos Mexicanos                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    340000 | PA      | $332549.14    | 0.03%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Collateralized Commercial Paper V Co LLC                                        | Collateralized Commercial Paper V Co. LLC                                         | CUSIP: 19424JP18<br>LEI: 549300ZLXI3T111CH173 | Long             | STIV             | CORP              | US        |   4750000 | PA      | $4749431.71   | 0.43%             | 2023-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                        | CSX Corp.                                                                         | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     40914 | NS      | $1265060.88   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mackinac Funding Co LLC                                                         | Mackinac Funding Co. LLC                                                          | CUSIP: 55458FQ18<br>LEI: 549300DSZ0UOZX6UNF02 | Long             | STIV             | CORP              | US        |   4500000 | PA      | $4483343.12   | 0.40%             | 2023-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                             | Ashtead Capital, Inc.                                                             | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    628000 | PA      | $629020.34    | 0.06%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | Centene Corp.                                                                     | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    510000 | PA      | $448351.20    | 0.04%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                              | Alcon Finance Corp.                                                               | CUSIP: 01400EAF0<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |    410000 | PA      | $439574.14    | 0.04%             | 2052-12-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                         | Bayer U.S. Finance II LLC                                                         | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    716000 | PA      | $694008.46    | 0.06%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INFOR INC                                                                       | Infor, Inc.                                                                       | CUSIP: 45674CAA1<br>LEI: 549300Q3IIYBYI4RHD64 | Long             | DBT              | CORP              | US        |    945000 | PA      | $859821.95    | 0.08%             | 2025-07-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                            | Freeport-McMoRan, Inc.                                                            | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     23540 | NS      | $1050354.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc                                                          | CenterPoint Energy, Inc.                                                          | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     65491 | NS      | $1972588.92   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelerated Assets                                                              | Accelerated Assets LLC                                                            | CUSIP: 00439KAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    279264 | PA      | $254719.73    | 0.02%             | 2040-10-20      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Affirm Holdings Inc                                                             | Affirm Holdings, Inc.                                                             | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10017 | NS      | $162175.23    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| STELLANTIS FIN US INC                                                           | Stellantis Finance U.S., Inc.                                                     | CUSIP: 85855CAE0<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    661000 | PA      | $688109.28    | 0.06%             | 2032-09-12      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                        | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                           | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1096000 | PA      | $851393.43    | 0.08%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Dexcom Inc                                                                      | Dexcom, Inc.                                                                      | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      7820 | NS      | $837443.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42310 | PA      | $40042.21     | 0.00%             | 2054-01-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89179JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1084564 | PA      | $971628.14    | 0.09%             | 2060-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                      | AbbVie, Inc.                                                                      | CUSIP: 00287YAY5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    403000 | PA      | $386438.42    | 0.03%             | 2026-05-14      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                                                                | FirstEnergy Corp.                                                                 | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     15797 | NS      | $646887.15    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                                                      | Deere & Co.                                                                       | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     12523 | NS      | $5295225.32   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                                              | Analog Devices, Inc.                                                              | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     31961 | NS      | $5480352.67   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828VS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6455000 | PA      | $6377086.15   | 0.58%             | 2023-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830WAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    967533 | PA      | $900763.89    | 0.08%             | 2058-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                          | Advanced Micro Devices, Inc.                                                      | CUSIP: 007903BF3<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |   1238000 | PA      | $1180451.93   | 0.11%             | 2032-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828YB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2194000 | PA      | $1950003.20   | 0.18%             | 2029-08-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                      | PacifiCorp                                                                        | CUSIP: 695114CD8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    117000 | PA      | $125307.18    | 0.01%             | 2037-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    699000 | PA      | $705469.16    | 0.06%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416BMP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25834 | PA      | $26969.76     | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                              | Meta Platforms, Inc.                                                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     55283 | NS      | $8235508.51   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SPRINT LLC                                                                      | Sprint LLC                                                                        | CUSIP: 85207UAF2<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    640000 | PA      | $649546.88    | 0.06%             | 2023-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                      | Pfizer, Inc.                                                                      | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     44526 | NS      | $1966268.16   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                                                                     | Ameren Corp.                                                                      | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     19622 | NS      | $1704563.14   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fontainebleau Miami Beach Trust                                                 | Fontainebleau Miami Beach Trust                                                   | CUSIP: 34461LAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1178275.75   | 0.11%             | 2036-12-10      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Sarepta Therapeutics Inc                                                        | Sarepta Therapeutics, Inc.                                                        | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |      6275 | NS      | $784186.75    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                                                     | Oracle Corp.                                                                      | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     30160 | NS      | $2667953.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp                                                      | Raytheon Technologies Corp.                                                       | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     63370 | NS      | $6327494.50   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA TOWER TRUST                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAT7<br>LEI: N/A                  | Long             | DBT              |  | US        |   2058000 | PA      | $1794566.94   | 0.16%             | 2026-11-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                    | QUALCOMM, Inc.                                                                    | CUSIP: 747525BJ1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    487000 | PA      | $379603.76    | 0.03%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Globe Life Inc                                                                  | Globe Life, Inc.                                                                  | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     11232 | NS      | $1357387.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    211000 | PA      | $187640.34    | 0.02%             | 2026-12-10      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EJCD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26135 | PA      | $26393.37     | 0.00%             | 2026-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Avery Dennison Corp                                                             | Avery Dennison Corp.                                                              | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      2730 | NS      | $517171.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORP                                                                    | Centene Corp.                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    875000 | PA      | $748125.00    | 0.07%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                | Peruvian Government International Bonds                                           | CUSIP: 715638AS1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    125000 | PA      | $131537.09    | 0.01%             | 2025-07-21      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Aon PLC                                                                         | Aon PLC                                                                           | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      4179 | NS      | $1331763.72   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MUNICH RE                                                                       | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen                         | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $612750.00    | 0.06%             | 2042-05-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                 | CMS Energy Corp.                                                                  | CUSIP: 125896BM1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63950.09     | 0.01%             | 2024-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3360000 | PA      | $2503987.52   | 0.23%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                                                      | Dover Corp.                                                                       | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     10526 | NS      | $1598162.58   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleos Mexicanos                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QCP5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    385000 | PA      | $344893.01    | 0.03%             | 2029-01-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89175TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1293553 | PA      | $1204696.77   | 0.11%             | 2058-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                          | NXP BV/NXP Funding LLC/NXP USA, Inc.                                              | CUSIP: 62954HAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    401000 | PA      | $271968.25    | 0.02%             | 2051-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TE Connectivity Ltd                                                             | TE Connectivity Ltd.                                                              | CUSIP: 000000000<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |      6520 | NS      | $829018.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Realty LP                                                                | Ventas Realty LP                                                                  | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |    930000 | PA      | $874658.28    | 0.08%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                           | Indonesia Government International Bonds                                          | CUSIP: 455780BP0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    115000 | PA      | $115207.00    | 0.01%             | 2023-10-17      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                | T-Mobile USA, Inc.                                                                | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    830000 | PA      | $742700.85    | 0.07%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1598900 | PA      | $1403784.23   | 0.13%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1985000 | PA      | $1928706.63   | 0.17%             | 2044-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                         | Kinder Morgan Energy Partners LP                                                  | CUSIP: 494550BS4<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    772000 | PA      | $765062.36    | 0.07%             | 2024-02-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                | GoodLeap Sustainable Home Solutions Trust                                         | CUSIP: 38237JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1226703 | PA      | $1016538.03   | 0.09%             | 2049-01-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                             | JPMorgan Chase & Co.                                                              | CUSIP: 46625HRY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    507000 | PA      | $486624.60    | 0.04%             | 2028-02-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                     | Oracle Corp.                                                                      | CUSIP: 68389XBZ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    601000 | PA      | $473929.25    | 0.04%             | 2041-03-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| LyondellBasell Industries NV                                                    | LyondellBasell Industries NV                                                      | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |      5643 | NS      | $545621.67    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                                                                | Altria Group, Inc.                                                                | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     34839 | NS      | $1569148.56   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CIM Trust                                                                       | CIM Trust                                                                         | CUSIP: 12567RAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1808998 | PA      | $1615282.43   | 0.15%             | 2061-07-25      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                 | TSMC Global Ltd.                                                                  | CUSIP: 872882AG0<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |   1611000 | PA      | $1288845.69   | 0.12%             | 2030-09-28      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                | Deutsche Bank AG                                                                  | CUSIP: 251526CB3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    427000 | PA      | $413436.49    | 0.04%             | 2025-11-26      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Bonds                                             | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1065848 | PA      | $1082272.38   | 0.10%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828YAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102816 | PA      | $94786.40     | 0.01%             | 2054-05-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                                                        | Triton Container International Ltd./TAL International Container Corp.             | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1038000 | PA      | $845305.68    | 0.08%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Liberty Street Funding LLC                                                      | Liberty Street Funding LLC                                                        | CUSIP: 53127UP79<br>LEI: 549300F33VRHM10B9391 | Long             | STIV             | CORP              | US        |   2100000 | PA      | $2098174.74   | 0.19%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                        | KLA Corp.                                                                         | CUSIP: 482480AJ9<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    730000 | PA      | $562566.82    | 0.05%             | 2050-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ICG US CLO Ltd                                                                  | Bavarian Sky U.K. 5 PLC                                                           | CUSIP: 44928XAY0<br>LEI: 213800MAPH9PBACGJG35 | Long             | ABS-CBDO         | CORP              | KY        |   2200000 | PA      | $2137242.80   | 0.19%             | 2034-10-20      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                                                 | Yum! Brands, Inc.                                                                 | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     14407 | NS      | $1880257.57   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA SERVICES INC                                                             | Quanta Services, Inc.                                                             | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    499000 | PA      | $427470.21    | 0.04%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                             | Elevance Health, Inc.                                                             | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    496000 | PA      | $494947.18    | 0.04%             | 2053-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DocuSign Inc                                                                    | DocuSign, Inc.                                                                    | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |      7387 | NS      | $447947.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                        | Prudential Financial, Inc.                                                        | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    977000 | PA      | $841168.11    | 0.08%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                             | Elevance Health, Inc.                                                             | CUSIP: 036752AN3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    721000 | PA      | $613697.49    | 0.06%             | 2030-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    351000 | PA      | $307796.84    | 0.03%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                           | Indonesia Government International Bonds                                          | CUSIP: 455780BV7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   1035000 | PA      | $1041223.78   | 0.09%             | 2026-01-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1059000 | PA      | $882982.61    | 0.08%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                            | Glencore Funding LLC                                                              | CUSIP: 378272BG2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    837000 | PA      | $696675.17    | 0.06%             | 2031-09-23      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EHAQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65746 | PA      | $69398.96     | 0.01%             | 2041-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                  | Morgan Stanley                                                                    | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     33306 | NS      | $3241672.98   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                          | Brazil Government International Bonds                                             | CUSIP: 105756BV1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    330000 | PA      | $325613.43    | 0.03%             | 2025-01-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                       | Boeing Co.                                                                        | CUSIP: 097023CE3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1494000 | PA      | $1160296.56   | 0.10%             | 2039-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc                                                              | Ingersoll Rand, Inc.                                                              | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |      7791 | NS      | $436296.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                                                                     | Workday, Inc.                                                                     | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    944000 | PA      | $902079.74    | 0.08%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Thunder Bay Funding LLC                                                         | Thunder Bay Funding LLC                                                           | CUSIP: 88602USJ0<br>LEI: 549300D7DHGDB5EMW139 | Long             | STIV             | CORP              | US        |   1500000 | PA      | $1478836.29   | 0.13%             | 2023-05-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                                                    | ADT Security Corp.                                                                | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    793000 | PA      | $705199.04    | 0.06%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F022626<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  22384000 | PA      | $19561517.50  | 1.77%             | 2053-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                    | QUALCOMM, Inc.                                                                    | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      2281 | NS      | $303852.01    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI Properties LP                                                                | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |   1256000 | PA      | $1213769.05   | 0.11%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89169DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78388 | PA      | $76319.99     | 0.01%             | 2057-07-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                       | Boeing Co.                                                                        | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    872000 | PA      | $876967.70    | 0.08%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                         | Sensata Technologies BV                                                           | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $179261.00    | 0.02%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                        | Plains All American Pipeline LP/PAA Finance Corp.                                 | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    637000 | PA      | $570365.48    | 0.05%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                 | CSL Finance PLC                                                                   | CUSIP: 12661PAD1<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |    513000 | PA      | $490027.73    | 0.04%             | 2042-04-27      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                     | Textron, Inc.                                                                     | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     33567 | NS      | $2445355.95   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                                                      | Neurocrine Biosciences, Inc.                                                      | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      5588 | NS      | $619876.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                                                               | Lam Research Corp.                                                                | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     10604 | NS      | $5303060.40   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                        | International Flavors & Fragrances, Inc.                                          | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    664000 | PA      | $549364.03    | 0.05%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                           | Mexico Government International Bonds                                             | CUSIP: 91087BAE0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1126000 | PA      | $1077927.86   | 0.10%             | 2028-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                    | AutoZone, Inc.                                                                    | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |      1490 | NS      | $3633886.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| America Movil SAB de CV                                                         | America Movil SAB de CV                                                           | CUSIP: 02364WBE4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $272682.00    | 0.02%             | 2042-07-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                     | Viatris, Inc.                                                                     | CUSIP: 92556VAC0<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    425000 | PA      | $374230.18    | 0.03%             | 2027-06-22      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial Inc                                                        | Ameriprise Financial, Inc.                                                        | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3725 | NS      | $1304197.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                        | Anheuser-Busch InBev Worldwide, Inc.                                              | CUSIP: 03523TBT4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    888000 | PA      | $814580.44    | 0.07%             | 2048-10-06      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    179803 | PA      | $168713.91    | 0.02%             | 2055-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Otis Worldwide Corp                                                             | Otis Worldwide Corp.                                                              | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     30679 | NS      | $2522734.17   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    221977 | PA      | $213655.96    | 0.02%             | 2038-04-09      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418MGR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3106 | PA      | $3276.37      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5998600 | PA      | $5461303.54   | 0.49%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                                          | Diamondback Energy, Inc.                                                          | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     28483 | NS      | $4161935.96   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Houston Galleria Mall Trust                                                     | Houston Galleria Mall Trust                                                       | CUSIP: 44217NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $651811.72    | 0.06%             | 2037-03-05      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2238500 | PA      | $2099817.94   | 0.19%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| McKesson Corp                                                                   | McKesson Corp.                                                                    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      4811 | NS      | $1821829.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                          | UnitedHealth Group, Inc.                                                          | CUSIP: 91324PET5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    747000 | PA      | $867893.08    | 0.08%             | 2063-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810FG8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1098000 | PA      | $1190772.42   | 0.11%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                      | Humana, Inc.                                                                      | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      3651 | NS      | $1868216.70   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                                                         | Schlumberger Holdings Corp.                                                       | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1207000 | PA      | $1149954.74   | 0.10%             | 2028-05-17      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Future                                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        41 | NC      | $144350.17    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828M56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    856100 | PA      | $818010.24    | 0.07%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| CHEVRON USA INC                                                                 | Chevron USA, Inc.                                                                 | CUSIP: 166756AS5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    654000 | PA      | $615758.64    | 0.06%             | 2029-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE LLC                                                        | Broadstone Net Lease LLC                                                          | CUSIP: 11135EAA2<br>LEI: 54930089IBT6J4WBTI50 | Long             | DBT              |  | US        |   1152000 | PA      | $877083.17    | 0.08%             | 2031-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                       | Apple, Inc.                                                                       | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    295851 | NS      | $42688340.79  | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                                                    | Danaher Corp.                                                                     | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     14721 | NS      | $3891937.98   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                                                    | QUALCOMM, Inc.                                                                    | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    772000 | PA      | $742854.03    | 0.07%             | 2027-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EJEX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31777 | PA      | $31357.56     | 0.00%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F030421<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2358000 | PA      | $2259350.85   | 0.20%             | 2038-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                        | Enterprise Products Operating LLC                                                 | CUSIP: 29379VBQ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   1656000 | PA      | $1421016.40   | 0.13%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                    | 7-Eleven, Inc.                                                                    | CUSIP: 817826AE0<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   1001000 | PA      | $796303.15    | 0.07%             | 2031-02-10      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                          | Equitable Holdings, Inc.                                                          | CUSIP: 29452EAC5<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   1284000 | PA      | $1311194.53   | 0.12%             | 2033-01-11      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                                                   | Regeneron Pharmaceuticals, Inc.                                                   | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      5536 | NS      | $4198889.92   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| State of Qatar                                                                  | Qatar Government International Bonds                                              | CUSIP: 74727PAW1<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $199290.40    | 0.02%             | 2023-04-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    494000 | PA      | $479430.86    | 0.04%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                        | Aon Corp./Aon Global Holdings PLC                                                 | CUSIP: 03740LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1133000 | PA      | $1154369.23   | 0.10%             | 2032-09-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                | Paramount Global                                                                  | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    588000 | PA      | $505449.80    | 0.05%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER INVESTMENT                                                         | Schlumberger Investment SA                                                        | CUSIP: 806854AH8<br>LEI: 529900EZ29I5KXPV2J32 | Long             | DBT              | CORP              | LU        |     98000 | PA      | $96871.91     | 0.01%             | 2023-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1645700 | PA      | $1562900.72   | 0.14%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410G4B6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6716 | PA      | $7051.53      | 0.00%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                            | Appalachian Power Co.                                                             | CUSIP: 037735CU9<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    736000 | PA      | $712390.61    | 0.06%             | 2025-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137BHCY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1758546 | PA      | $1701416.67   | 0.15%             | 2025-01-25      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                   | JP Morgan Chase Commercial Mortgage Securities Trust                              | CUSIP: 46640JAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $936238.11    | 0.08%             | 2046-01-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                  | Lowe's Cos., Inc.                                                                 | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    836000 | PA      | $773318.01    | 0.07%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc                                                            | Howmet Aerospace, Inc.                                                            | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      8870 | NS      | $360920.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89179YAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2146476 | PA      | $1950131.36   | 0.18%             | 2061-11-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89181JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1475000 | PA      | $1406117.50   | 0.13%             | 2063-01-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 12591UAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2415000 | PA      | $2372932.15   | 0.21%             | 2047-03-10      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                                        | Svenska Handelsbanken AB                                                          | CUSIP: 86960KUQ3<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | STIV             | CORP              | SE        |   3000000 | PA      | $2929848.99   | 0.26%             | 2023-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3140J6EV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    301218 | PA      | $317702.55    | 0.03%             | 2041-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                        | Prudential Financial, Inc.                                                        | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      7406 | NS      | $777185.64    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1051400 | PA      | $1061749.72   | 0.10%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3575000 | PA      | $2851341.78   | 0.26%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                            | Tencent Holdings Ltd.                                                             | CUSIP: 88032WAL0<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    742000 | PA      | $730599.04    | 0.07%             | 2024-04-11      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830MAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    878870 | PA      | $826076.79    | 0.07%             | 2059-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F042624<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6466000 | PA      | $6379371.51   | 0.58%             | 2053-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                             | Fifth Third Bancorp                                                               | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     55175 | NS      | $2002300.75   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2441800 | PA      | $2136765.75   | 0.19%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                     | Equifax, Inc.                                                                     | CUSIP: 294429AQ8<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    879000 | PA      | $842649.40    | 0.08%             | 2024-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| T-Mobile US Inc                                                                 | T-Mobile U.S., Inc.                                                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     21839 | NS      | $3260781.09   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                                                             | Kimberly-Clark Corp.                                                              | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     14744 | NS      | $1916867.44   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                           | Tennessee Valley Authority                                                        | CUSIP: 880591CS9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    774000 | PA      | $892704.30    | 0.08%             | 2036-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4150000 | PA      | $3387275.40   | 0.31%             | 2030-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                            | Colombia Government International Bonds                                           | CUSIP: 195325CX1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    850000 | PA      | $811362.79    | 0.07%             | 2026-01-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                        | Constellation Brands, Inc.                                                        | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    575000 | PA      | $523727.53    | 0.05%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Travelers Cos Inc/The                                                           | Travelers Cos., Inc.                                                              | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     24042 | NS      | $4594907.04   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                                                      | Charter Communications, Inc.                                                      | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      8442 | NS      | $3244345.02   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                | GoodLeap Sustainable Home Solutions Trust                                         | CUSIP: 38237GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    793150 | PA      | $605638.48    | 0.05%             | 2048-07-20      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137BLMZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2408000 | PA      | $2330405.81   | 0.21%             | 2025-07-25      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup, Inc.                                                                   | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2370000 | PA      | $2216228.12   | 0.20%             | 2028-10-27      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31414KDN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1154 | PA      | $1180.63      | 0.00%             | 2038-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                    | Broadcom, Inc.                                                                    | CUSIP: 11135FBE0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    464000 | PA      | $402058.38    | 0.04%             | 2028-02-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                        | Occidental Petroleum Corp.                                                        | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1184000 | PA      | $1195840.00   | 0.11%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                            | Booking Holdings, Inc.                                                            | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1892 | NS      | $4605317.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Bedford Row Funding Corp                                                        | Bedford Row Funding Corp.                                                         | CUSIP: 07644BP71<br>LEI: 5493000JWH1Z48FX0180 | Long             | STIV             | CORP              | US        |   4000000 | PA      | $3996531.12   | 0.36%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCE Trust III                                                                   | SCE Trust III                                                                     | CUSIP: 78409B207<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       960 | NS      | $21456.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                                                  | Merck & Co., Inc.                                                                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     43593 | NS      | $4682324.13   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                                     | Equinix, Inc.                                                                     | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      2911 | NS      | $2148696.43   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CCJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    848200 | PA      | $768714.38    | 0.07%             | 2026-06-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1154000 | PA      | $1058254.06   | 0.10%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC/Charter Communications Operating Capital     | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    562000 | PA      | $441350.99    | 0.04%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EH3N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50341 | PA      | $53374.18     | 0.00%             | 2040-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                                                            | Colgate-Palmolive Co.                                                             | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     49476 | NS      | $3687446.28   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                                                  | S&P Global, Inc.                                                                  | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      9421 | NS      | $3532309.74   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                                                 | Equity LifeStyle Properties, Inc.                                                 | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |     19958 | NS      | $1432585.24   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137FBTA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1771331 | PA      | $1728344.02   | 0.16%             | 2024-08-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EKTR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16382 | PA      | $16108.55     | 0.00%             | 2043-02-01      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137B5JM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    993188 | PA      | $985174.24    | 0.09%             | 2023-07-25      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                        | Constellation Brands, Inc.                                                        | CUSIP: 21036PAQ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    152000 | PA      | $146642.61    | 0.01%             | 2026-12-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                                                                  | Eli Lilly & Co.                                                                   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     19263 | NS      | $6629361.45   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CIFC Funding Ltd                                                                | CIFC Funding Ltd.                                                                 | CUSIP: 12549BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2474096 | PA      | $2455851.94   | 0.22%             | 2030-10-18      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| UBS-BAMLL Trust                                                                 | UBS-BAMLL Trust                                                                   | CUSIP: 90269PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17746 | PA      | $17517.54     | 0.00%             | 2030-06-10      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828P46<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1518000 | PA      | $1419270.71   | 0.13%             | 2026-02-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                | T-Mobile USA, Inc.                                                                | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    684000 | PA      | $638813.04    | 0.06%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                  | Amazon.com, Inc.                                                                  | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    195924 | NS      | $20205642.12  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                    | CSMC Trust                                                                        | CUSIP: 12656TAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1514714 | PA      | $1267631.97   | 0.11%             | 2060-01-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                          | General Motors Financial Co., Inc.                                                | CUSIP: 37045XDW3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    755000 | PA      | $746825.65    | 0.07%             | 2027-04-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-2 A PTT                                                         | United Airlines Pass-Through Trust                                                | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    584833 | PA      | $545197.16    | 0.05%             | 2026-09-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7501600 | PA      | $6511154.38   | 0.59%             | 2031-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Loan Trust                                                  | Nationstar Mortgage Loan Trust                                                    | CUSIP: 63861HAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84067 | PA      | $77909.99     | 0.01%             | 2052-12-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Notes                                             | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2450132 | PA      | $2248139.66   | 0.20%             | 2030-07-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                                                         | Ohio National Financial Services, Inc.                                            | CUSIP: 67740QAG1<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |    456000 | PA      | $443884.91    | 0.04%             | 2031-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    268497 | PA      | $256338.16    | 0.02%             | 2057-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                            | Western Digital Corp.                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    528000 | PA      | $430362.24    | 0.04%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                              | Royalty Pharma PLC                                                                | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    683000 | PA      | $555349.11    | 0.05%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                         | Office Properties Income Trust                                                    | CUSIP: 67623CAF6<br>LEI: N/A                  | Long             | DBT              |  | US        |    602000 | PA      | $421547.61    | 0.04%             | 2031-10-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                          | Motorola Solutions, Inc.                                                          | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      5852 | NS      | $1504022.52   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PacifiCorp                                                                      | PacifiCorp                                                                        | CUSIP: 695114CR7<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    833000 | PA      | $820831.41    | 0.07%             | 2024-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                             | Invitation Homes Operating Partnership LP                                         | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    513000 | PA      | $469306.06    | 0.04%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 33 Ltd                                              | Octagon Investment Partners 33 Ltd.                                               | CUSIP: 675711AA3<br>LEI: 549300IDWDG12HO3TO90 | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $794368.00    | 0.07%             | 2031-01-20      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                        | Baxter International, Inc.                                                        | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |     42542 | NS      | $1943743.98   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3607000 | PA      | $2905607.60   | 0.26%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                         | Bristol-Myers Squibb Co.                                                          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     90687 | NS      | $6588410.55   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                        | Avolon Holdings Funding Ltd.                                                      | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1240000 | PA      | $1217571.18   | 0.11%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                              | Ally Financial, Inc.                                                              | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1196000 | PA      | $1309784.62   | 0.12%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Columbia Funding Co LLC                                                         | Columbia Funding Co. LLC                                                          | CUSIP: 19767DQ15<br>LEI: 549300O1V8MCLCRCFD82 | Long             | STIV             | CORP              | US        |   3310000 | PA      | $3297851.94   | 0.30%             | 2023-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                             | American Express Co.                                                              | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     36756 | NS      | $6429727.08   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Longfellow Place CLO Ltd                                                        | Longfellow Place CLO Ltd.                                                         | CUSIP: 54303PAY1<br>LEI: 549300FY38ZCUKZQU403 | Long             | ABS-CBDO         | CORP              | KY        |    181471 | PA      | $180820.38    | 0.02%             | 2029-04-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                          | Philip Morris International, Inc.                                                 | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    807000 | PA      | $840994.88    | 0.08%             | 2029-11-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                      | Capital One Financial Corp.                                                       | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      5674 | NS      | $675206.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                          | Verizon Communications, Inc.                                                      | CUSIP: 92343VFX7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    976000 | PA      | $784920.73    | 0.07%             | 2030-10-30      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc                                             | Public Service Enterprise Group, Inc.                                             | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     40278 | NS      | $2494416.54   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Bank PLC                                                                 | Lloyds Bank PLC                                                                   | CUSIP: 53943SUJ4<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | STIV             | CORP              | GB        |   4200000 | PA      | $4104371.59   | 0.37%             | 2023-07-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                                                              | Republic of Poland Government International Bonds                                 | CUSIP: 731011AT9<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    275000 | PA      | $274172.25    | 0.02%             | 2023-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                              | Panama Government International Bonds                                             | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    315000 | PA      | $300373.48    | 0.03%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Chariot Funding LLC                                                             | Chariot Funding LLC                                                               | CUSIP: 15963UUD6<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |   4225000 | PA      | $4130842.83   | 0.37%             | 2023-07-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                                                                  | Eaton Corp. PLC                                                                   | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     24860 | NS      | $4032540.60   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                                                  | ConocoPhillips                                                                    | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     57944 | NS      | $7061635.28   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Vincent Toner

**Name of Signer:** Vincent Toner

**Title:** Treasurer