# EDGAR Filing Document

**Accession Number:** 0001524348
**File Stem:** 0001162044-25-001007
**Filing Date:** 2025-9
**Character Count:** 94889
**Document Hash:** 8c70a5573b92edc11fdf28fc808313e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-25-001007.hdr.sgml**: 20250930

**ACCESSION NUMBER**: 0001162044-25-001007

**CONFORMED SUBMISSION TYPE**: NT NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250930

**DATE AS OF CHANGE**: 20250930

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPEND LIFE WISELY FUNDS INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0001524348

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NT NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22576
- **FILM NUMBER:** 251360852

**BUSINESS ADDRESS:**
- **STREET 1:** 1845 WOODALL RODGERS
- **STREET 2:** SUITE 1000
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-871-5230

**MAIL ADDRESS:**
- **STREET 1:** 1845 WOODALL RODGERS
- **STREET 2:** SUITE 1000
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RANGER FUNDS INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 20110627

## Series and Classes Contracts Data

### Wisdom Short Duration Income Fund (Series ID: S000086257)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000251712 | Institutional Class |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPEND LIFE WISELY FUNDS INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-22576

- **c. CIK number of Registrant:** 0001524348

- **d. LEI of Registrant:** 529900W7V9DW1EHR4Q52

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

  - **Street Address 1:** 1845 Woodall Rodgers Fwy

  - **City:** Dallas

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75201

  - **Telephone number:** 214-871-5254

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

- **a. Name of Series:** Wisdom Short Duration Income Fund

- **b. EDGAR series identifier (if any):** S000086257

- **c. LEI of Series:** 529900W7V9DW1EHR4Q52

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $376520434.83

**Total Liabilities:** $12162203.77

**Net Assets:** $364358231.06

**Cash Not Reported:** $2752089.59

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 103.33 | **1-Year:** 25353.15 | **5-Year:** 183825.85 | **10-Year:** 88149.75 | **30-Year:** -0

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

- **3-Month:** 101.96 | **1-Year:** 535.49 | **5-Year:** 126778.71 | **10-Year:** -0 | **30-Year:** -0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251712 | 0.76%                | 0.87%                | 0.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $67296.78                | $48477.83                                  |
| Month 2  | $23633.09                | $2116987.14                                |
| Month 3  | $68839.18                | $-507979.22                                |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** 5000TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Airlines Group, Inc.                                        | American Airlines Group, Inc. Series 144A, 5.50%, due 4/20/26                                | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $374967.09    | 0.10%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AEP Texas, Inc.                                                      | AEP Texas, Inc., 5.45%, due 5/15/29                                                          | CUSIP: 00108WAS9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    500000 | PA      | $515022.68    | 0.14%             | 2029-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                            | Corebridge Glob Funding, 5.200%, due 06/24/2029                                              | CUSIP: 00138CBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018991.44   | 0.28%             | 2029-06-24      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ANZ Bank New Zealand Ltd.                                            | ANZ Bank New Zealand Ltd., 5.548%, due 8/11/32                                               | CUSIP: 00182YAA3<br>LEI: HZSN7FQBPO5IEWYIGC72 | Long             | DBT              | CORP              | NZ        |   2390000 | PA      | $2414462.68   | 0.66%             | 2032-08-11      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Air Canada Pass-Thru Trust                                           | Air Canada 2020-2A PTT 144A, 5.25%, due 04/01/2029                                           | CUSIP: 00909DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2360161 | PA      | $2371457.37   | 0.65%             | 2029-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AECOM                                                                | AECOM, 5.1250%, due 3/15/27                                                                  | CUSIP: 00774CAB3<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |   1347000 | PA      | $1352571.19   | 0.37%             | 2027-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Air Canada                                                           | Air Canada 2020-1C PTT, 10.50%, due 07/15/2026                                               | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2096000.60   | 0.58%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Alaska Airlines 2020-1 Pass-Thru Trust                               | Alaska Airlines Equity Trust Series 2020-1A 144A, 4.80%, due 8/15/2027                       | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    161813 | PA      | $161757.52    | 0.04%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| American National Group, Inc.                                        | American National Group, Inc., 5.75%, due 10/1/29                                            | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2040132.80   | 0.56%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                                 | American Tower Corp., 5.20%, due 2/15/29                                                     | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020636.34   | 0.28%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                             | Angel Oak Mortgage Trust Series 2023-3 Class A1, 4.8%, due 9/26/67                           | CUSIP: 034931AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2869040 | PA      | $2835343.65   | 0.78%             | 2050-12-31      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Anglo American Capital plc                                           | Anglo American Capital PLC Series 144A, 5.625%, due 4/1/2030                                 | CUSIP: 034863AW0<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |   5500000 | PA      | $5710502.27   | 1.57%             | 2030-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Anglo American Capital plc                                           | Anglo American Capital PLC, 5.625%, due 04/01/2030                                           | CUSIP: G0446NAR5<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    500000 | PA      | $519136.57    | 0.14%             | 2030-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ARES Capital Corp.                                                   | ARES Capital Corp., 5.50%, due 9/1/30                                                        | CUSIP: 04010LBK8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3992688.12   | 1.10%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                | Athene Global Funding Series 144A, 5.033%, due 7/17/30                                       | CUSIP: 04685A4R9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005522.20   | 0.28%             | 2030-07-17      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                | Athene Global Funding Series 144A, 5.38%, due 1/7/30                                         | CUSIP: 04685A4G3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2037845.30   | 0.56%             | 2030-01-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                           | Australia & New Zealand Banking Group Ltd. Series 144A, 5.731%, due 9/18/34                  | CUSIP: 052528AR7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   1085000 | PA      | $1111156.40   | 0.30%             | 2034-09-18      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                         | Avolon Holdings Ltd. 144A, 4.90%, due 10/10/30                                               | CUSIP: 05401ABA8<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $1992098.32   | 0.55%             | 2030-10-10      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                         | Avolon Holdings Ltd. 144A, 5.50%, due 1/15/26                                                | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1200000 | PA      | $1202619.34   | 0.33%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                         | Avolon Holdings Ltd. 144A, 5.75%, due 3/01/29                                                | CUSIP: 05401AAU5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2052448.18   | 0.56%             | 2029-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                         | Avolon Holdings Ltd. 144A, 5.150%, due 1/15/30                                               | CUSIP: 05401AAX9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   3000000 | PA      | $3022515.81   | 0.83%             | 2030-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                         | Avolon Holdings Ltd. 144A, 5.375%, due 5/30/30                                               | CUSIP: 05401AAZ4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5250000 | PA      | $5340112.26   | 1.47%             | 2030-05-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Bank of America                                                      | Bank of America Series B, 8.05%, due 6/15/27                                                 | CUSIP: 06051GHP7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1055122.00   | 0.29%             | 2027-06-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corp.                                                 | Bat Capital Corp., 5.834%, due 02/20/2031                                                    | CUSIP: 05526DBY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1570764.66   | 0.43%             | 2031-02-20      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance LLC                                                 | Bayer US Finance LLC 144A, 6.375%, due 11/21/30                                              | CUSIP: 07274EAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1595549.97   | 0.44%             | 2030-11-21      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Trust                                            | Blackstone Mortgage Trust, Inc. Series 2020-FL2 Class B, 6.08%, due 2/15/38                  | CUSIP: 12434LAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1499208.30   | 0.41%             | 2038-02-15      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                       | Blackstone, Inc. Series 144A, 5.60%, due 11/22/29                                            | CUSIP: 09261HBU0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3525406.99   | 0.97%             | 2029-11-22      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                       | Blackstone, Inc., 7.30%, due 11/27/28                                                        | CUSIP: 09261HBC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1060826.46   | 0.29%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp.                                               | Blue Owl Capital Corp., 5.95%, due 3/15/29                                                   | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1503168.03   | 0.41%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp.                                               | Blue Owl Capital Corp., 6.20%, due 7/15/30                                                   | CUSIP: 69121KAJ3<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1514451.57   | 0.42%             | 2030-07-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp                                          | Blue Owl Credit Income Corp. Series 144A, 6.60%, due 9/15/29                                 | CUSIP: 09581CAB7<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3085033.05   | 0.85%             | 2029-09-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                         | Blue Owl Credit Income Corp., 7.75%, due 1/15/29                                             | CUSIP: 69120VAW1<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    750000 | PA      | $797020.85    | 0.22%             | 2029-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                         | Blue Owl Credit Income Corp., 7.75%, due 9/16/27                                             | CUSIP: 69120VAP6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1044431.70   | 0.29%             | 2027-09-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                                    | Blue Owl Technology Finance Corp., 4.75%, due 12/15/25                                       | CUSIP: 691205AC2<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498083.37    | 0.14%             | 2025-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Co.                                      | Blue Owl Technology Finance Corp. Series 144A, 6.10%, due 3/15/28                            | CUSIP: 095924AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2011198.14   | 0.55%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Turkish Airlines Trust                                               | Turkish Airline 15-1 A PTT 144A, 4.20%, due 3/15/27                                          | CUSIP: 10010YAA0<br>LEI: 549300PE1HRXLP6MPQ94 | Long             | DBT              | CORP              | TR        |   2707858 | PA      | $2624254.15   | 0.72%             | 2027-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust                                      | BRAVO Residential Funding Trust Series 21-NQM2 Class A1, 0.97%, due 3/25/60                  | CUSIP: 10569EAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1840235 | PA      | $1784825.80   | 0.49%             | 2050-12-31      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust                                      | BRAVO Residential Funding Trust Series 2022-NQM3 Class A1,5.108%, due 7/25/62                | CUSIP: 10569JAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    466577 | PA      | $463832.76    | 0.13%             | 2050-12-31      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| British Airways                                                      | British Airways 19-1 A PTT Series 144A, 3.35%, due 6/15/29                                   | CUSIP: 11043XAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1612165 | PA      | $1542468.81   | 0.42%             | 2029-06-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                                       | Cascade Funding Mortgage Trust Series 22-HB9 Class A, 3.25%, due 9/25/37                     | CUSIP: 12530GAA6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    251214 | PA      | $246243.58    | 0.07%             | 2037-09-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                                       | Cascade Funding Mortgage Trust Series 22-HB10 Class A, 3.25%, due 11/25/35                   | CUSIP: 12529GAA9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    245470 | PA      | $244253.59    | 0.07%             | 2035-11-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                                       | Cascade Funding Mortgage Trust Series 24-HB13 Class A, 3.00%, due 5/25/34                    | CUSIP: 12530VAA3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    619512 | PA      | $610433.05    | 0.17%             | 2034-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                         | Credit Suisse Mortgage Trust Series 20-SPT1 Class M1, 3.39%, due 4/25/65                     | CUSIP: 12659LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $959960.00    | 0.26%             | 2050-12-31      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                          | Capital One Financel Corp., 5.247%, due 7/26/30                                              | CUSIP: 14040HCV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019295.47   | 0.28%             | 2030-07-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                          | Capital One Financial Corp., 6.312%, due 6/8/29                                              | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1044513.79   | 0.29%             | 2029-06-08      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust                                                 | Change Mortgage Trust Series 22-NQM1 Class A1, 5.189%, due 6/25/67                           | CUSIP: 12569CAA9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    653166 | PA      | $650724.26    | 0.18%             | 2050-12-31      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Citadel Finance LLC.                                                 | Citadel Finance LLC. 144A 5.90%, due 2/10/30                                                 | CUSIP: 17287HAD2<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3012237.30   | 0.83%             | 2030-02-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                      | Citigroup, Inc., 5.218032%, (Daily SOFR USD + 0.87%), due 3/04/29 ***                        | CUSIP: 17327CAX1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1502647.50   | 0.41%             | 2029-03-04      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | Fannie Mae-CAS Series 25-R01 Class 1A1, 5.26%, due 1/25/45                                   | CUSIP: 20755JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    924589 | PA      | $924016.48    | 0.25%             | 2045-01-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| Calpine Corp.                                                        | Calpine Corp. Series REGS, 4.50%, due 2/15/28                                                | CUSIP: ZQ9880142<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1983000.00   | 0.54%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                   | Credit Agricole SA Seires REGS, 5.335%, due 1/10/30                                          | CUSIP: 22536PAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $2042672.66   | 0.56%             | 2030-01-10      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                   | Credit Agricole SA Series 144a, 5.222%, due 5/27/31                                          | CUSIP: 22535WAR8<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $3049097.19   | 0.84%             | 2031-05-27      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                     | CVS Pass-Through Trust, 5.88%, due 1/10/28                                                   | CUSIP: 126650BC3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    359937 | PA      | $361235.15    | 0.10%             | 2028-01-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                       | DTE Energy Co., 5.2%, due 4/1/30                                                             | CUSIP: 233331BN6<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5107782.05   | 1.40%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                      | Danske Bank A/S Series 144A, 5.019%, due 3/04/31                                             | CUSIP: 23636ABK6<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |   1500000 | PA      | $1514164.44   | 0.42%             | 2031-03-04      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                                | Delta Air Lines, Inc. Series 144A, 4.75%, due 10/20/28                                       | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2500351.88   | 0.69%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                                | Delta Air Lines, Inc. , 4.950%, due 7/10/28                                                  | CUSIP: 247361A24<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2009436.00   | 0.55%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                     | Deutsche Bank AG, 4.875%, due 12/1/32                                                        | CUSIP: 251526BN8<br>LEI: 529900HNOAA1KXQJUQ27 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $990668.38    | 0.27%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                     | Deutsche Bank AG Series MTN, 5.00%, due 9/10/29                                              | CUSIP: 25161FAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1002194.82   | 0.28%             | 2029-09-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                     | Deutsche Bank AG/NY, 5.297%, due 5/9/31                                                      | CUSIP: 251526DA4<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1016756.63   | 0.28%             | 2031-05-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                     | Deutsche Bank AG/NY, 5.373%, due 1/10/29                                                     | CUSIP: 25160PAQ0<br>LEI: 529900HNOAA1KXQJUQ27 | Long             | DBT              | CORP              | DE        |   1750000 | PA      | $1778714.88   | 0.49%             | 2029-01-10      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| DiamondBack Energy, Inc.                                             | DiamondBack Energy, Inc., 5.150%, due 1/30/30                                                | CUSIP: 25278XAY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018031.82   | 0.28%             | 2030-01-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp.                                                   | Devon Energy Corp., 5.875%, due 6/15/28                                                      | CUSIP: 25179MBE2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   2730000 | PA      | $2723127.58   | 0.75%             | 2028-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp.                                                   | Devon OEI Operating LLC., 7.50%, due 9/15/27                                                 | CUSIP: 812007AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1146163.08   | 0.31%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EQT Corp.                                                            | EQT Corp. Series 144A, 7.50%, due 6/1/27                                                     | CUSIP: 26884LBG3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2035574.38   | 0.56%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Encompass Health Corp.                                               | Encompass Health Corp., 5.75%, due 9/15/25                                                   | CUSIP: 421924BT7<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   1203000 | PA      | $1201484.22   | 0.33%             | 2025-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Enbridge, Inc.                                                       | Enbridge, Inc., 4.90%, due 6/20/30                                                           | CUSIP: 29250NCJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    774000 | PA      | $780579.70    | 0.21%             | 2030-06-20      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Enbridge, Inc.                                                       | Enbridge, Inc., 6.20%, due 11/15/30                                                          | CUSIP: 29250NBY0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    500000 | PA      | $532589.26    | 0.15%             | 2030-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Enerflex Ltd.                                                        | Enerflex Ltd., 9.00%, due 10/15/27                                                           | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $514946.00    | 0.14%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                   | Energy Transfer LP, 5.20%, due 4/1/30                                                        | CUSIP: 29273VBD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $509449.02    | 0.14%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                   | Energy Transfer LP Series 144A, 5.625%, due 5/1/27                                           | CUSIP: 226373AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1499000 | PA      | $1499422.49   | 0.41%             | 2027-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                   | Energy Transfer LP Series 144A, 6.0%, due 2/1/29                                             | CUSIP: 226373AR9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3089000 | PA      | $3130376.10   | 0.86%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured                                        | Finance of America Structured Securities Trust Series 24-S4 Class A3, 3.500%, due 11/25/74   | CUSIP: 31741AAD8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   4398170 | PA      | $4193280.84   | 1.15%             | 2050-12-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Finanace of America Structured Securities Trust                      | Finanace of America Structured Securities Trust Series 24-S4 Class A4, 3.50%, due 11/25/74   | CUSIP: 31741AAE6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1002941 | PA      | $923950.37    | 0.25%             | 2050-12-31      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured                                        | Finance of America Structured Securities Trust Series 25-PC2 Class AV, 5.56%, due 5/25/75    | CUSIP: 31740EAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3966400.00   | 1.09%             | 2050-12-31      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| Money Market Obligations Trust                                       | Federated Hermes Government Obligation Instiutional Funds                                    | CUSIP: 60934N104<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     99900 | NS      | $99899.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac - STACR                                                  | Freddie Mac - STACR Series 24-HQA1 Class A1, 5.56%, due 3/25/44                              | CUSIP: 35564NBW2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445291 | PA      | $446540.29    | 0.12%             | 2044-03-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                  | Freddie Mac - STACR Series 25-DNA1 Class A1, 5.26%, due 1/25/45                              | CUSIP: 35564NFY4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    737500 | PA      | $737985.72    | 0.20%             | 2045-01-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| Figre Trust                                                          | FIGRE Trust Series 25-HE4 Class A, 5.408%, due 7/25/55                                       | CUSIP: 31684PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1473281 | PA      | $1472444.20   | 0.40%             | 2050-12-31      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured                                        | Finance of America Structured Securities Trust Series 24-S4 Class AV, 5.81%, due 11/25/74    | CUSIP: 31741AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2264006 | PA      | $2263392.99   | 0.62%             | 2050-12-31      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| Finance of America                                                   | Finance of America HECM Buyout Series 2024-HB1 Class A1B, 4.00%, 10/1/34                     | CUSIP: 31737DAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985636.40    | 0.27%             | 2050-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Finance of America                                                   | Finance of America HECM Buyout Series 2024-HB1 Class M2, 6.00%, due 10/1/34                  | CUSIP: 31737DAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1496529.45   | 0.41%             | 2034-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured                                        | Finance of America Structured Securities Trust Series 2025-S1 Class A3, 3.5%, due 2/25/75    | CUSIP: 31741BAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    976367 | PA      | $927203.73    | 0.25%             | 2050-12-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured                                        | Finance of America Structured Securities Trust Series 24-S2 Class A1, 3.50%, due 4/25/74     | CUSIP: 31739VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1818790 | PA      | $1758430.69   | 0.48%             | 2050-12-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Franklin BSP Realty Trust                                            | Franklin BSP Realty Trust, Inc. Series QIB, 8.25%, due 4/25/30                               | CUSIP: 35243JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4988049.25   | 1.37%             | 2030-04-25      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GCAT                                                                 | GCAT Trust Series 22-NQM2 Class A1, 4.20%, due 2/25/67                                       | CUSIP: 36169KAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    684182 | PA      | $672385.06    | 0.18%             | 2050-12-31      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                                        | GS Mortgage-Backed Securities Series 25-PJ4 Class A5, 5.50%, due 9/25/55                     | CUSIP: 36271WAE5<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   2317588 | PA      | $2315824.41   | 0.64%             | 2050-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                             | Government National Mortgage Association Series 2019-H04 Class NA, 3.50%, due 9/20/68        | CUSIP: 38380LRU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | DBT              | USGSE             | US        |    434602 | PA      | $408967.29    | 0.11%             | 2050-12-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                             | Government National Mortgage Series 19-H14 Class DF, 5.45%, due 8/20/69                      | CUSIP: 38380LZB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | DBT              | USGSE             | US        |    981537 | PA      | $989398.79    | 0.27%             | 2050-12-31      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                             | Government National Mortgage Series 19-H15 Class FJ, 5.05%, due 9/20/69                      | CUSIP: 38380LD67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | DBT              | USGSE             | US        |   2031362 | PA      | $2021677.71   | 0.55%             | 2050-12-31      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                             | Government National Mortgage Series 20-H17 Class BF, 5.67%, due 9/20/70                      | CUSIP: 38380QLZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | DBT              | USGSE             | US        |    921022 | PA      | $935206.08    | 0.26%             | 2050-12-31      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                             | Government National Mortgage Series 23-H20 Class FL, 5.40%, due 5/20/73                      | CUSIP: 38383KDY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | DBT              | USGSE             | US        |    944012 | PA      | $950498.17    | 0.26%             | 2050-12-31      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| The Goldman Sachs Group, Inc.                                        | Goldman Sachs Group, Inc., 5.207%, due 1/28/31                                               | CUSIP: 38141GC36<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2042924.12   | 0.56%             | 2031-01-28      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Private Credit Fund                                    | Goldman Sachs Private Credit Corp. 144A, 6.25%, due 5/06/30                                  | CUSIP: 38152BAC5<br>LEI: 549300TD27G6372IYJ65 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505509.74    | 0.14%             | 2030-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                                        | GS Mortgage-Backed Securities Trust Series 25-PJ5 Class A2, 5.50%, due 10/25/55              | CUSIP: 36272DAB2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    978878 | PA      | $968974.99    | 0.27%             | 2050-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                                        | GS Mortgage-Backed Securities Trust Series 25-PJ6 Class A4, 6.00%, due 11/25/55              | CUSIP: 36272KAD2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1922844 | PA      | $1935541.11   | 0.53%             | 2050-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                    | HF Sinclair Corp., 4.50%, due 10/1/30                                                        | CUSIP: 403949AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2910625.83   | 0.80%             | 2030-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                    | HF Sinclair Corp., 5.0%, due 2/1/28                                                          | CUSIP: 403949AQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1994798.18   | 0.55%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                    | HF Sinclair Corp., 5.75%, due 1/15/31                                                        | CUSIP: 403949AR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5631566.93   | 1.55%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                    | HF Sinclair Corp., 6.375%, due 4/15/27                                                       | CUSIP: 403949AP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1362000 | PA      | $1366235.87   | 0.37%             | 2027-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                              | Hyundai Capital America Series 144A, 5.10%, due 6/24/30                                      | CUSIP: 44891ADW4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $505006.95    | 0.14%             | 2030-06-24      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                              | Hyundai Capital America Series 144A, 5.275%, due 6/24/27                                     | CUSIP: 44891ADB0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1109363.57   | 0.30%             | 2027-06-24      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 4.915%, due 1/24/29                                                    | CUSIP: 46647PEU6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505456.59    | 0.14%             | 2029-01-24      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 5.0578% (Daily SOFR USD + 0.76161%), due 2/1/27                        | CUSIP: 161480AB4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1122622.10   | 0.31%             | 2027-02-01      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 5.04%, due 1/23/28                                                     | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007752.52   | 0.28%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 5.09% (Daily SOFR USD + 0.81161%), due 2/1/27                          | CUSIP: 31945HAB1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    145000 | PA      | $143184.98    | 0.04%             | 2027-02-01      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co. Series FRN, 5.140703%, (Daily SOFR USD + 0.80%), due 1/24/29 ***        | CUSIP: 46647PET9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1502359.23   | 0.41%             | 2029-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 5.14%, due 1/24/31                                                     | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022777.35   | 0.28%             | 2031-01-24      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co. Series F, 5.162530%, (Quarterly TSFR3M USD + 0.88661%), due 8/01/28 *** | CUSIP: 16162LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979857.44    | 0.27%             | 2028-08-01      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 5.262075% (Daily SOFR USD + 0.92%), due 4/22/28                        | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1255670.29   | 0.34%             | 2028-04-22      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 6.087%, due 10/23/29                                                   | CUSIP: 46647PDX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1047289.73   | 0.29%             | 2029-10-23      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co., 8.75%, due 9/1/30                                                      | CUSIP: 06423AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1382000 | PA      | $1630885.36   | 0.45%             | 2030-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Janus Detroit Street Trust                                           | Janus Henderson AAA CLO ETF                                                                  | CUSIP: 47103U845<br>LEI: 549300N7UZ9PO4OVKA94 | Long             | EC               | RF                | US        |    280000 | NS      | $14221200.00  | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group, Inc.                                      | Jefferies Financial Group, Inc. Series MTN, 5.00%, due 2/10/26                               | CUSIP: 47233WHZ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999526.87    | 0.27%             | 2026-02-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Korea National Oil Corp.                                             | Korea National Oil Corp. Series 144A, 5.11359% (Daily SOFR USD + 0.77%), due 3/31/28         | CUSIP: 50065LAP5<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | CORP              | KR        |   1750000 | PA      | $1753263.10   | 0.48%             | 2028-03-31      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                                               | LG Energy Solution Ltd Series 144A, 5.25%, due 4/02/28                                       | CUSIP: 50205MAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | KR        |   1500000 | PA      | $1515565.02   | 0.42%             | 2028-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                                               | LG Energy Solution Ltd Series REGS, 5.375%, due 4/02/30                                      | CUSIP: Y5S5CGAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | KR        |    500000 | PA      | $506505.29    | 0.14%             | 2030-04-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                                               | LG Energy Solution Ltd Series 144A, 5.375%, due 4/2/30                                       | CUSIP: 50205MAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | KR        |   2000000 | PA      | $2026021.16   | 0.56%             | 2030-04-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                                               | LG Energy Solution Ltd Series 144A, 5.375%, due 7/2/29                                       | CUSIP: 50205MAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | KR        |   2000000 | PA      | $2031456.38   | 0.56%             | 2029-07-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                                               | LG Energy Solution Ltd Series 144A , 6.043040% (Daily SOFR USD + 1.70%), due 4/2/30          | CUSIP: 50205MAH2<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   2500000 | PA      | $2526098.05   | 0.69%             | 2030-04-02      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Insurance Co.                                         | Liberty Mutual Insurance Co., 7.875%, due 10/15/26                                           | CUSIP: 53079QAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1780000 | PA      | $1827449.76   | 0.50%             | 2026-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc.                                            | Microchip Technology Inc., 5.05%, due 2/15/30                                                | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    750000 | PA      | $758843.45    | 0.21%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S A R L                                          | Eagle Funding Luxco Sarl Series 144A, 5.50%, 8/17/30                                         | CUSIP: 26951TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |  10000000 | PA      | $10069000.00  | 2.76%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                                           | MFRA Trust Series 2-NQM2 Class A2, 4.00%, due 5/25/67                                        | CUSIP: 55285QAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1955507 | PA      | $1893177.92   | 0.52%             | 2050-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UJF Financial Group                                       | Mitsubishi UFJ Financial Group 5.821746%, (Daily SOFR USD + 1.48%), due 4/24/31              | CUSIP: 606822DJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $1016264.00   | 0.28%             | 2031-04-24      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Corp.                                               | Mizuho Financial Corp., 5.098%, due 5/13/31                                                  | CUSIP: 60687YDH9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $2030557.68   | 0.56%             | 2031-05-13      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                             | Mizuho Markets Cayman LP Series MTN, 4.841711% (Daily SOFR USD + 0.50%), due 5/01/26         | CUSIP: 60700JDE2<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |   2500000 | PA      | $2501776.43   | 0.69%             | 2026-05-01      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                       | Morgan Stanley, 5.016%, (Daily SOFR USD + 0.906%), due 1/12/29                               | CUSIP: 61690DK72<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2024408.18   | 0.56%             | 2029-01-12      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                       | Morgan Stanley, 5.242463%, (Daily SOFR USD + 0.90%), due 1/12/29                             | CUSIP: 61690DK64<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1504151.03   | 0.41%             | 2029-01-12      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                       | Morgan Stanley, 4.994%, due 4/12/29                                                          | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506056.09    | 0.14%             | 2029-04-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                       | Morgan Stanley, 5.656%, due 4/18/30                                                          | CUSIP: 61747YFQ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2072146.90   | 0.57%             | 2030-04-18      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank, NA                                      | Morgan Stanley Private Bank, NA, 4.7340%, due 7/18/31                                        | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502135.12    | 0.14%             | 2031-07-18      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                     | NRG Energy, Inc. Series 144A, 5.750%, due 7/15/29                                            | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4955675.00   | 1.36%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                              | National Bank of Canada, 5.600%, due 12/18/28                                                | CUSIP: 63307A2X2<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2064163.08   | 0.57%             | 2028-12-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Natwest Markets plc                                                  | Natwest Group PLC, 5.076%, due 1/27/30                                                       | CUSIP: 78009PEH0<br>LEI: 549300WHU4EIHRP28H10 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2026626.98   | 0.56%             | 2030-01-27      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Natwest Markets plc                                                  | Natwest Group PLC, 5.115%, due 5/23/31                                                       | CUSIP: 639057AV0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $3044234.82   | 0.84%             | 2031-05-23      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Natwest Markets plc                                                  | Natwest Group PLC, 5.449015%, due 5/23/29                                                    | CUSIP: 639057AU2<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1002652.99   | 0.28%             | 2029-05-23      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Natwest Markets plc                                                  | Natwest Group PLC, 5.847%, due 3/2/27                                                        | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    720000 | PA      | $724707.63    | 0.20%             | 2027-03-02      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Natwest Markets plc                                                  | Natwest Markets PLC Series 144A, 5.022%, due 3/21/30                                         | CUSIP: 63906YAP3<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1016334.66   | 0.28%             | 2030-03-21      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Natwest Markets plc                                                  | Natwest Markets PLC Series 144A, 4.789%, due 3/21/28                                         | CUSIP: 63906YAM0<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1008389.63   | 0.28%             | 2028-03-21      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                                                 | NextEra Energy, Inc., 4.6850%, due 9/1/27                                                    | CUSIP: 65339KCL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $502365.82    | 0.14%             | 2027-09-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| NiSource, Inc.                                                       | NiSource, Inc., 5.200%, due 7/1/29                                                           | CUSIP: 65473PAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $511627.01    | 0.14%             | 2029-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Nova Chemicals Corp.                                                 | Nova Chemicals Corp. Series 144A, 8.50%, due 11/15/28                                        | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1050204.83   | 0.29%             | 2028-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                           | Occidental Petroleum Corp., 5.20%, due 8/01/29                                               | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003080.00   | 0.28%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                           | Occidental Petroleum Corp., 6.125%, due 1/01/31                                              | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3103194.00   | 0.85%             | 2031-01-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                           | Occidental Petroleum Corp., 7.875%, due 9/15/31                                              | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1119170.00   | 0.31%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Ocwen Loan Investment Trust                                          | Ocwen Loan Investment Trust Series 25-HB1 Class M1, 3.00%, due 6/25/38                       | CUSIP: 68278EAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $929606.60    | 0.26%             | 2038-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                            | Orange SA, 9.00%, due 3/1/31                                                                 | CUSIP: 35177PAL1<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $2413225.72   | 0.66%             | 2031-03-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PSEG Power LLC                                                       | PSEG Power LLC. Series 144A, 5.20%, due 5/15/30                                              | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8172346.64   | 2.24%             | 2030-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Pacific Gas & Electric Co.                                           | Pacific Gas & Electric Co., 5.00%, due 6/4/28                                                | CUSIP: 694308KW6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005458.55   | 0.28%             | 2028-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palomino Funding Trust I                                             | Palomino Funding Trust I, 7.233%, due 5/17/28                                                | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2275000 | PA      | $2402713.29   | 0.66%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                                     | Provident Funding Mortgage Trust Class A2 Series 25-2, 5.500%, due 6/25/55                   | CUSIP: 74389DAB3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    981561 | PA      | $971924.58    | 0.27%             | 2050-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Portman Ridge Finance Corp.                                          | BCP Investment Corp., 4.875%, due 4/30/26                                                    | CUSIP: 73688FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990715.33    | 0.27%             | 2026-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PACCAR Financial Corp.                                               | PRKCM Trust Series 24-Home1 Class A1, 6.431%, due 5/25/59                                    | CUSIP: 69391XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1144342 | PA      | $1153001.52   | 0.32%             | 2050-12-31      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                                     | Provident Funding Mortgage Trust Class A4 Series 25-2, 5.50%, due 6/25/55                    | CUSIP: 74389DAD9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   3901656 | PA      | $3883365.35   | 1.07%             | 2050-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Inc.                                   | RGA Global Funding 144A, 5.25%, due 1/09/30                                                  | CUSIP: 76209PAG8<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021007.75   | 0.28%             | 2030-01-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                 | Royal Bank of Canada Series GMTN, 4.965%, due 1/24/29                                        | CUSIP: 78017DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3034065.06   | 0.83%             | 2029-01-24      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                 | Royal Bank of Canada Series GMTN, 4.969%, due 8/2/30                                         | CUSIP: 78016HZZ6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3582000 | PA      | $3633716.52   | 1.00%             | 2030-08-02      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                 | Royal Bank of Canada Series GMTN, 5.153%, due 2/4/31                                         | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   5500000 | PA      | $5608302.26   | 1.54%             | 2031-02-04      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                 | Royal Bank of Canada Series GMTN, 5.370591%, due 2/04/31                                     | CUSIP: 78017DAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2486839.53   | 0.68%             | 2031-02-04      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                 | Royal Bank of Canada Series GMTN, 4.498%, due 8/6/29                                         | CUSIP: 78017DAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    500000 | PA      | $500210.50    | 0.14%             | 2029-08-06      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                              | Saluda Grade Alternative Mortgage Trust Series 22-SEQ2 Class A3, 4.50%, due 2/25/52          | CUSIP: 79581RAC5<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $971660.70    | 0.27%             | 2050-12-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                          | CBT US 10Y Note September 25 Future                                                          | CUSIP: N/A<br>LEI: 549300LQ7VHDVPTEGI80       | N/A              | DE               | CORP              | US        |        10 | NS      | $1172.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                          | CBT US 2Y Note September 25 Future                                                           | CUSIP: N/A<br>LEI: 549300LQ7VHDVPTEGI80       | N/A              | DE               | CORP              | US        |      -225 | NS      | $158102.50    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                                          | CBT US 5Y Note September 25 Future                                                           | CUSIP: N/A<br>LEI: 549300LQ7VHDVPTEGI80       | N/A              | DE               | CORP              | US        |     -1150 | NS      | $377243.25    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplify Exchange Traded Funds - Simplify Treasury Option Income Etf | Simplify Treasury Option Income ETF                                                          | CUSIP: 82889N640<br>LEI: 549300LQ7VHDVPTEGI80 | Long             | EC               | RF                | US        |    410000 | NS      | $9676000.00   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Sixth Street Specialty Lending                                       | Sixth Street Specialty Lending, 6.125%, due 3/1/29                                           | CUSIP: 83012AAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $511665.26    | 0.14%             | 2029-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Sixth Street Lending Partners                                        | Sixth Street Lending Partners, 6.500%, due 3/11/29                                           | CUSIP: 829932AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5250000 | PA      | $5409691.51   | 1.48%             | 2029-03-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sixth Street Lending Partners                                        | Sixth Street Lending Partners, 5.75%, due 1/15/30                                            | CUSIP: 829932AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2331000 | PA      | $2333004.92   | 0.64%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sixth Street Lending Partners                                        | Sixth Street Lending Partners Series 144A, 6.125%, due 7/15/30                               | CUSIP: 829932AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1529025.93   | 0.42%             | 2030-07-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Sky1 Trust 2025-Line                                                 | Sky1 Trust 2025-Line Class A, 6.90%, due 4/15/42                                             | CUSIP: 830941AA8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    994737 | PA      | $997200.40    | 0.27%             | 2042-04-15      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| Sonoco Products Co.                                                  | Sonoco Products Co., 1.00%, due 8/1/25                                                       | CUSIP: 83549RV19<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2199698.60   | 0.60%             | 2025-08-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Stone Street Receivables Funding LLC                                 | Stone Street Receivables Funding LLC Series 15-1A Class A, 3.570%, due 12/15/54              | CUSIP: 86175EAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1149510 | PA      | $1026024.27   | 0.28%             | 2050-12-31      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage                                         | Starwood Commercial Mortgage Series 21-FL2 Class C, 6.53%, due 4/18/38                       | CUSIP: 78486BAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2000000.00   | 0.55%             | 2038-04-18      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage                                         | Starwood Commercial Mortgage Series 2022-4 Class A1, 5.19%, due 5/25/67                      | CUSIP: 85571YAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3122435 | PA      | $3105862.90   | 0.85%             | 2050-12-31      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Mitsui Sumitomo Insurance Co., Ltd.                                  | Sumitomo Mitsui Financial Group, Inc., 5.394241% (Daily SOFR USD + 1.05%), due 4/15/30       | CUSIP: 86562MDR8<br>LEI: 5493006KRZ0SJO41LZ83 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $1004231.09   | 0.28%             | 2030-04-15      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply, LLC                                             | Talen Energy Supply LLC 144A, 8.625%, due 6/01/30                                            | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1594006.50   | 0.44%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp                                                 | Targa Resources Partners, 5.50%, due 3/01/30                                                 | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1015079.78   | 0.28%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank                                                | Toronto-Dominion Bank Series GMTN, 5.0%, due 7/11/30                                         | CUSIP: 89115JBD4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $598136.75    | 0.16%             | 2030-07-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands                              | Teva Pharmaceuticals Finance, 5.125%, due 5/09/29                                            | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $4998312.00   | 1.37%             | 2029-05-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                            | Toronto Dominion Bank Series MTN, 4.808%, due 6/3/30                                         | CUSIP: 89115KAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    500000 | PA      | $504246.28    | 0.14%             | 2030-06-03      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                            | Toronto Dominion Bank Series MTN, 5.40%, due 1/31/30                                         | CUSIP: 89114XGX5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1008970.23   | 0.28%             | 2030-01-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Corp.                                                   | Toyota Motor Corp. Series MTN, 5.25%, due 1/22/30                                            | CUSIP: 89236TNC5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504837.54    | 0.14%             | 2030-01-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United Airlines Holdings, Inc.                                       | United Airlines 2015-1AA PTT, 3.450%, due 12/1/27                                            | CUSIP: 90932LAA5<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    649547 | PA      | $628513.65    | 0.17%             | 2027-12-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| United Airlines Holdings, Inc.                                       | United Airlines 2020-1 B PTT, 4.875%, due 1/15/26                                            | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    477837 | PA      | $477051.94    | 0.13%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Unum Group                                                           | Unum Group, 7.250%, due 3/15/28                                                              | CUSIP: 743862AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5007000 | PA      | $5307180.92   | 1.46%             | 2028-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp.                                                  | Valero Energy Corp., 5.150%, due 2/15/30                                                     | CUSIP: 91913YBF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1526178.38   | 0.42%             | 2030-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Vinebrook Homes Trust, Inc.                                          | Vinebrook Homes Trust, Inc. Series 2024-SFR1 Class A, 4.50%, due 3/17/41                     | CUSIP: 92737DAA6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    487251 | PA      | $474046.04    | 0.13%             | 2041-03-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                            | Vistra Operations Co. LLC 144A, 4.30%, due 7/15/29                                           | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983925.42    | 0.27%             | 2029-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                            | Vistra Operations Co. LLC 144A, 5.00%, due 7/31/27                                           | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1243545.38   | 0.34%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                            | Vistra Operations Co. LLC 144A, 7.75%, due 10/15/31                                          | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1587490.50   | 0.44%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC.                            | Volkswagen Group of America Finance, LLC. Series 144A, 5.25%, due 3/22/29                    | CUSIP: 928668CG5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2021438.04   | 0.55%             | 2029-03-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC.                            | Volkswagen Group of America Finance, LLC. Series 144A, 5.35%, due 3/27/30                    | CUSIP: 928668CQ3<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5578890.90   | 1.53%             | 2030-03-27      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC.                            | Volkswagen Group of America Finance, LLC. Series 144A, 5.65%, due 9/12/28                    | CUSIP: 928668BW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3071087.55   | 0.84%             | 2028-09-12      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC.                            | Volkswagen Group of America Finance, LLC. Series 144A, 6.45%, due 11/16/30                   | CUSIP: 928668CC4<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1598504.64   | 0.44%             | 2030-11-16      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                    | Wells Fargo & Co., 5.079160%, due 1/15/27                                                    | CUSIP: 949746TG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6006000 | PA      | $5950228.10   | 1.63%             | 2027-01-15      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                | Westpac Banking Corp., 3.020%, due 11/18/36                                                  | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   2400000 | PA      | $2103236.06   | 0.58%             | 2036-11-18      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Company                                                | Wells Fargo & Company, 5.15%, due 4/23/31                                                    | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510108.08    | 0.14%             | 2031-04-23      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** Spend Life Wisely Funds Investment Trust

**Signature:** /s/ Kenneth Scott Canon

**Name of Signer:** Kenneth Scott Canon

**Title:** President (Principal Executive Officer)