# EDGAR Filing Document

**Accession Number:** 0001495825
**File Stem:** 0001752724-25-181845
**Filing Date:** 2025-7
**Character Count:** 264457
**Document Hash:** 76c632a4b70f497833644ae614c6f457
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181845.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181845

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
- **CENTRAL INDEX KEY:** 0001495825

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22437
- **FILM NUMBER:** 251159415

**BUSINESS ADDRESS:**
- **STREET 1:** 227 WEST MONROE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-827-0100

**MAIL ADDRESS:**
- **STREET 1:** 227 WEST MONROE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Guggenheim Taxable Municipal Managed Duration Trust
- **DATE OF NAME CHANGE:** 20160729

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Guggenheim Build America Bonds Managed Duration Trust
- **DATE OF NAME CHANGE:** 20100702

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

- **b. Investment Company Act file number:** 811-22437

- **c. CIK number of Registrant:** 0001495825

- **d. LEI of Registrant:** O7RPTBV08XOX3ZU53L78

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

  - **Street Address 1:** 227 West Monroe Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-827-0100

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

- **a. Name of Series:** Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

- **c. LEI of Series:** O7RPTBV08XOX3ZU53L78

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

- **a. Date of fiscal year-end:** 2025-05-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $552903289.28

**Total Liabilities:** $152790978.11

**Net Assets:** $400112311.17

**Delayed Delivery Securities:** $250000.00

**Cash Not Reported:** $234713.14

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1123.13893385 | **1-Year:** 11383.65372060 | **5-Year:** 53633.82838235 | **10-Year:** 142126.49986650 | **30-Year:** 100125.81622204

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

- **3-Month:** 1487.90087437 | **1-Year:** 6127.67318509 | **5-Year:** 12716.97829774 | **10-Year:** 8765.23506049 | **30-Year:** 5953.73147534

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.67%               | -0.28%               | -0.69%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1996216.07             | $-2443215.38                               |
| Month 2  | $-1411995.59             | $-1377468.84                               |
| Month 3  | $-91252.32               | $-4644163.60                               |

**Designated Index Information**

- **Index Name:** Portfolio (ExDerivative)

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                               | Title                                                                                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LGENERGYSOLUTION                                   | LG Energy Solution Ltd.                                                                              | CUSIP: 50205MAG4<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    800000 | PA      | $793159.78    | 0.20%             | 2030-04-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -4087659 | PA      | $-4087658.89  | -1.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Altde Trust                                        | ALTDE Trust                                                                                          | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    393826 | PA      | $395024.19    | 0.10%             | 2050-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST UNIV                                 | Washington State University, Housing and Dining System Revenue Bonds, Taxable Build America Bonds    | CUSIP: 9400932M8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $3559873.35   | 0.89%             | 2032-04-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| HV EIGHT LLC                                       | HV Eight LLC                                                                                         | CUSIP: N/A<br>LEI: 54930017K50RHBRFUJ56       | Long             | ABS-O            | CORP              | US        |   1404170 | PA      | $1591343.97   | 0.40%             | 2027-12-31      | Variable      | 7.48%                 | No            |                  3 | On Loan: No      |
| Capital Automotive Reit                            | CARS-DB4, LP                                                                                         | CUSIP: 12510HAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $447657.30    | 0.11%             | 2050-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| STOLTHAVEN HOUSTON INC                             | Stolthaven Houston, Inc.                                                                             | CUSIP: N/A<br>LEI: 549300HOCLTLXOR6FB90       | Long             | DBT              | CORP              | US        |    396000 | PA      | $388508.58    | 0.10%             | 2034-07-17      | Fixed         | 5.98%                 | No            |                  3 | On Loan: No      |
| PS HOLDINGS INDEPENDENT VOTING COMPANY LTD         | Pershing Square Holdings Ltd.                                                                        | CUSIP: N/A<br>LEI: U7LC4KOKCTZ0YWGI2G56       | Long             | DBT              | CORP              | GG        |   2100000 | PA      | $1799488.26   | 0.45%             | 2031-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                   | CSC Holdings LLC                                                                                     | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247420.53    | 0.06%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -934184 | PA      | $-934183.66   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| SAN JOSE CA ARPT REVENUE                           | Norman Y Mineta San Jose International Airport SJC Revenue Bonds                                     | CUSIP: 798136YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $189982.13    | 0.05%             | 2040-03-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX RENTAL CAR SPL FAC R                     | City of Austin Texas Rental Car Special Facility Revenue Bonds                                       | CUSIP: 052451BH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1547416.20   | 0.39%             | 2042-11-15      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                               | FS Rialto Issuer LLC                                                                                 | CUSIP: 30338WAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $592393.50    | 0.15%             | 2039-10-19      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| DETROIT MI CITY SCH DIST                           | Detroit City School District General Obligation Unlimited                                            | CUSIP: 2511295D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2738682.72   | 0.68%             | 2039-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Applebees/IHOP Funding LLC                         | Applebee's Funding LLC / IHOP Funding LLC                                                            | CUSIP: 03789XAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    990000 | PA      | $972253.85    | 0.24%             | 2049-06-05      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| VFH PARENT / VALOR CO                              | VFH Parent LLC / Valor Company-Issuer, Inc.                                                          | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $417037.20    | 0.10%             | 2031-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US                      | GoldenTree Loan Management US CLO 1 Ltd.                                                             | CUSIP: 38138JAW3<br>LEI: 549300CQMHYJ3DLMP206 | Long             | ABS-O            | CORP              | KY        |    800000 | PA      | $805282.24    | 0.20%             | 2037-04-20      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                     | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAK4<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |   9073816 | PA      | $519466.87    | 0.13%             | 2052-10-25      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -888416 | PA      | $-888415.65   | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                             | Venture Global LNG, Inc.                                                                             | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    750000 | PA      | $797884.50    | 0.20%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| FORTITUDE GROUP HOLDINGS                           | Fortitude Group Holdings LLC                                                                         | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253112.65    | 0.06%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp.                                                                                         | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $786630.92    | 0.20%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                     | CVR Energy, Inc.                                                                                     | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119001.93    | 0.03%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                           | Encore Capital Group, Inc.                                                                           | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    450000 | PA      | $477007.09    | 0.12%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                | JPMorgan Chase & Co.                                                                                 | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |   1000000 | NS      | $1013539.03   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| SAINT PAUL MN SALES TAX REVENU                     | City of State Paul Minnesota Sales & Use Tax Revenue Tax Allocation                                  | CUSIP: 79307TDB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $222039.40    | 0.06%             | 2035-11-01      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                            | Goldman Sachs & Co. LLC                                                                              | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | Short            | RA               | CORP              | US        |  -1247231 | PA      | $-1247231.00  | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| CAPSTONE ACQUISITION HOLDINGS INC                  | Capstone Acquisition Holdings, Inc.                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    920158 | PA      | $915617.13    | 0.23%             | 2029-11-12      | Variable      | 8.93%                 | No            |                  3 | On Loan: No      |
| SANTA ANA CA UNIF SCH DIST                         | Santa Ana Unified School District, California, General Obligation Bonds, Federal Taxable Build Ameri | CUSIP: 801155VM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7785000 | PA      | $8637779.02   | 2.16%             | 2040-08-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| GrafTech Finance, Inc.                             | GrafTech Finance, Inc.                                                                               | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -180602 | PA      | $-1240.74     | -0.00%            | 2029-11-04      | Variable      | 3.75%                 | No            |                  3 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -914987 | PA      | $-914987.35   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -406090 | PA      | $-406089.90   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                   | Black Hills Corp.                                                                                    | CUSIP: 092113AV1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207043.47    | 0.05%             | 2028-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| OHA Credit Partners Ltd                            | OHA Credit Partners VII Ltd.                                                                         | CUSIP: 67102UAK5<br>LEI: 549300LXLBAFTIMXZT54 | Long             | ABS-O            | CORP              | KY        |    300000 | PA      | $295092.54    | 0.07%             | 2038-02-20      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| FR REFUEL LLC                                      | FR Refuel LLC                                                                                        | CUSIP: N/A<br>LEI: 549300Y6GW0LGV84NW77       | Long             | LON              | CORP              | US        |   1264403 | PA      | $1245436.98   | 0.31%             | 2028-11-08      | Variable      | 9.19%                 | No            |                  2 | On Loan: No      |
| SITECORE HOLDING II A/S                            | Sitecore Holding III A/S                                                                             | CUSIP: N/A<br>LEI: 213800M9GGJ3GNKQOC39       | Long             | LON              | CORP              | DK        |    982406 | PA      | $975445.99    | 0.24%             | 2029-03-12      | Variable      | 5.86%                 | No            |                  3 | On Loan: No      |
| FIRST REPUBLIC BANK                                | First Republic Bank                                                                                  | CUSIP: 33616C746<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |     31650 | NS      | $6.33         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                           | HAH Group Holding Co. LLC                                                                            | CUSIP: N/A<br>LEI: 254900FFJQHW9R90FL74       | Long             | LON              | CORP              | US        |    950808 | PA      | $930451.50    | 0.23%             | 2031-09-24      | Variable      | 9.33%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -1011926 | PA      | $-1011926.35  | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -360381 | PA      | $-360381.18   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                           | Greensaif Pipelines Bidco SARL                                                                       | CUSIP: 39541EAC7<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $203990.25    | 0.05%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| CENTRL WA UNIV SYS REVENUE                         | Central Washington University Revenue Bonds                                                          | CUSIP: 155839DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5412462.00   | 1.35%             | 2040-05-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES III                             | Dyal Capital Partners III (A), LP                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    560000 | PA      | $556200.94    | 0.14%             | 2044-06-15      | Fixed         | 6.55%                 | No            |                  3 | On Loan: No      |
| SOCIETE GENERALE                                   | Societe Generale                                                                                     | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Short            | RA               | CORP              | FR        |   -362435 | PA      | $-362434.66   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE                     | Port Authority of New York & New Jersey Revenue Bonds                                                | CUSIP: 73358XDP4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3489841.00   | 0.87%             | 2051-02-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                                   | Triton Container International Ltd.                                                                  | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    650000 | PA      | $554632.70    | 0.14%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -765904 | PA      | $-765904.44   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                | Station Casinos LLC                                                                                  | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183086.08    | 0.05%             | 2031-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 16 Ltd                                 | Elmwood CLO 16 Ltd.                                                                                  | CUSIP: 29003DAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    100000 | PA      | $100392.18    | 0.03%             | 2037-04-20      | Floating      | 11.02%                | No            |                  2 | On Loan: No      |
| OBRA CAPITAL INC                                   | Obra Longevity                                                                                       | CUSIP: N/A<br>LEI: 2549001PDYPC4244EX25       | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $1902710.69   | 0.48%             | 2039-06-30      | Fixed         | 8.48%                 | No            |                  3 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH REVEN                     | Illinois Housing Development Authority Revenue Bonds                                                 | CUSIP: 45203MYF2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994502.60   | 0.50%             | 2049-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SUPERIOR PLUS/GEN PRTNR                            | Superior Plus Limited Partnership / Superior General Partner, Inc.                                   | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    250000 | PA      | $237667.28    | 0.06%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GC TWO HOLDINGS INC                                | Aretec Group, Inc.                                                                                   | CUSIP: N/A<br>LEI: 549300NV2T8A33L0PQ58       | Long             | LON              | CORP              | US        |    847875 | PA      | $846331.87    | 0.21%             | 2030-08-09      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        | -10549142 | PA      | $-10549142.46 | -2.64%            |  |  |  | No            |                  2 | On Loan: No      |
| PARTNERRE LTD                                      | PartnerRe Ltd.                                                                                       | CUSIP: EP0597732<br>LEI: 7LLHQS68KCIGNZBR7918 | Long             | EP               | CORP              | BM        |     46000 | NS      | $786968.00    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| HORACE MANN EDUCATORS CO                           | Horace Mann Educators Corp.                                                                          | CUSIP: 440327AL8<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |    900000 | PA      | $960988.85    | 0.24%             | 2028-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MAPLE GROVE FUNDING TR I                           | Maple Grove Funding Trust I                                                                          | CUSIP: 565130AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1668948.63   | 0.42%             | 2051-08-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO VI Ltd.                                | Elmwood CLO VI Ltd.                                                                                  | CUSIP: 29001WAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    250000 | PA      | $248230.83    | 0.06%             | 2037-07-18      | Floating      | 10.17%                | No            |                  2 | On Loan: No      |
| PMH SPV - C LLC                                    | Project Onyx II                                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    285431 | PA      | $284750.31    | 0.07%             | 2027-01-26      | Variable      | 7.11%                 | No            |                  3 | On Loan: No      |
| Cerberus                                           | Cerberus Loan Funding XL LLC                                                                         | CUSIP: 15675AAE9<br>LEI: 635400FRD1HEGKSHCI69 | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $749491.95    | 0.19%             | 2035-03-22      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| FOND DU LAC CNTY WI REVENUE                        | County of Fond Du Lac Wisconsin Revenue Bonds                                                        | CUSIP: 34446ACA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $189958.72    | 0.05%             | 2054-05-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                           | Targa Resources Partners Limited Partnership / Targa Resources Partners Finance Corp.                | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $975219.99    | 0.24%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                           | Greensaif Pipelines Bidco SARL                                                                       | CUSIP: 39541EAE3<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $294978.30    | 0.07%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                        | Corning, Inc.                                                                                        | CUSIP: 219350BF1<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $915860.08    | 0.23%             | 2057-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION                     | Chicago, Illinois, Second Lien Wastewater Transmission Revenue Project Bonds, Taxable Build America  | CUSIP: 167727SW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5538861.12   | 1.38%             | 2040-01-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK OT NATIONAL A                     | District of Columbia Revenue Bonds                                                                   | CUSIP: 94985XAF6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1313574.30   | 0.33%             | 2047-09-01      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -589112 | PA      | $-589111.62   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                             | Switch ABS Issuer LLC                                                                                | CUSIP: 871044AL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $487467.80    | 0.12%             | 2055-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT OF HSG & CMNTY A                     | Texas Department of Housing & Community Affairs Revenue Bonds                                        | CUSIP: 882750K84<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245884.00    | 0.06%             | 2045-07-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| INGENOVIS HEALTH INC                               | CCRR Parent, Inc.                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    636684 | PA      | $284387.62    | 0.07%             | 2028-03-06      | Variable      | 8.70%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                     | California Statewide Communities Development Authority Revenue Bonds                                 | CUSIP: 13080SL93<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3395000 | PA      | $3542165.10   | 0.89%             | 2047-08-15      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| TOWD POINT REVOLVING TRUST TPRT_24-A               | Top Pressure Recovery Turbines                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |    890977 | PA      | $891868.11    | 0.22%             | 2069-11-01      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |  -1838464 | PA      | $-1838463.87  | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS LLC                             | AP Grange Holdings                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |    300000 | PA      | $303000.00    | 0.08%             | 2045-03-20      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -322133 | PA      | $-322132.60   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| BELROSE FUNDING TRUST II                           | Belrose Funding Trust II                                                                             | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $651509.70    | 0.16%             | 2055-05-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -878710 | PA      | $-878710.30   | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| TORONTO OH CITY SCH DIST                           | Toronto City School District, Ohio, Qualified School Construction Bonds General Obligation Bonds     | CUSIP: 891279BF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $561034.54    | 0.14%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                             | Global Atlantic Finance Co.                                                                          | CUSIP: 37959GAF4<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    260000 | PA      | $257563.38    | 0.06%             | 2054-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -824313 | PA      | $-824312.92   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUE RIBBON LLC (USA)                              | Blue Ribbon LLC                                                                                      | CUSIP: N/A<br>LEI: 549300NQM7J4KC44D416       | Long             | LON              | CORP              | US        |    349139 | PA      | $349139.05    | 0.09%             | 2028-05-08      | Variable      | 6.13%                 | No            |                  3 | On Loan: No      |
| EISNER ADVISORY GROUP                              | Eisner Advisory Group                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1069004 | PA      | $1072210.63   | 0.27%             | 2031-02-28      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                          | Sotheby's                                                                                            | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $984707.40    | 0.25%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ILPEA PARENT INC                                   | ILPEA Parent, Inc.                                                                                   | CUSIP: N/A<br>LEI: 5493002IJGO6IOH86T22       | Long             | LON              | CORP              | US        |     98416 | PA      | $98108.62     | 0.02%             | 2028-06-22      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                            | Australia & New Zealand Banking Group Ltd.                                                           | CUSIP: 052528AM8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $173576.66    | 0.04%             | 2035-11-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                           | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |    866400 | PA      | $864961.62    | 0.22%             | 2031-02-13      | Variable      | 9.83%                 | No            |                  3 | On Loan: No      |
| Endo Inc                                           | Endo, Inc.                                                                                           | CUSIP: 29290D117<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9946 | NS      | $208866.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTICE FRANCE SA                                   | Altice France S.A.                                                                                   | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $764631.63    | 0.19%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -189869 | PA      | $-189869.17   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| BNPP IP CLO LTD                                    | BNPP IP CLO Ltd.                                                                                     | CUSIP: 05580HAE9<br>LEI: 54930038CI4SMKCMEM78 | Long             | ABS-O            | CORP              | KY        |    260545 | PA      | $68653.58     | 0.02%             | 2025-10-30      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| NEVADA ST HSG DIV SF MTGE REVE                     | Nevada Housing Division Revenue Bonds                                                                | CUSIP: 641279XN9<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |    250000 | PA      | $239952.78    | 0.06%             | 2049-10-01      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| PMH NEWCO LP                                       | Project Onyx I                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   1030047 | PA      | $1029428.17   | 0.26%             | 2027-01-26      | Variable      | 7.11%                 | No            |                  3 | On Loan: No      |
| GCAT                                               | GCAT Trust                                                                                           | CUSIP: 36168WAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    468463 | PA      | $466309.07    | 0.12%             | 2067-08-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                            | Jefferies Financial Group, Inc.                                                                      | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021100.73   | 0.26%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                           | Fortune Brands Innovations, Inc.                                                                     | CUSIP: 34964CAG1<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $997830.74    | 0.25%             | 2052-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                | CDW LLC / CDW Finance Corp.                                                                          | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $725374.88    | 0.18%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Cerberus                                           | Cerberus Loan Funding XLIV LLC                                                                       | CUSIP: 15674DAE4<br>LEI: 6354005DPIRML7EMPA20 | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1398448.52   | 0.35%             | 2036-01-15      | Floating      | 8.46%                 | No            |                  2 | On Loan: No      |
| PLACENTIA-YORBA LINDA CA UNIF                      | Placentia-Yorba Linda Unified School District (Orange County, California), General Obligation Bonds, | CUSIP: 725894KL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007101.60   | 0.25%             | 2026-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                              | Reynolds American, Inc.                                                                              | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1053367.55   | 0.26%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ALHAMBRA CA UNIF SCH DIST ELEM                     | Alhambra Unified School District General Obligation Unlimited                                        | CUSIP: 016066BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504870.25    | 0.13%             | 2026-02-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                      | Boeing Co.                                                                                           | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    225000 | PA      | $239964.50    | 0.06%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                      | Parkland Corp.                                                                                       | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $281875.05    | 0.07%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                    | CVS Health Corp.                                                                                     | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    400000 | PA      | $402906.80    | 0.10%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CA ARPT REVENUE                           | Norman Y Mineta San Jose International Airport SJC Revenue Bonds                                     | CUSIP: 798136YE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $412569.30    | 0.10%             | 2035-03-01      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                               | Blue Owl Finance LLC                                                                                 | CUSIP: 09581JAS5<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1970859.59   | 0.49%             | 2032-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |   1000000 | NS      | $1041392.00   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Pershing Square Tontine Holdings, Ltd.             | Pershing Square Tontine Holdings, Ltd.                                                               | CUSIP: N/A<br>LEI: 549300ZDVEYEVCF35B08       | N/A              | DE               |  | US        |     23730 | NS      | $2.37         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MODENA BUYER LLC                                   | Modena Buyer LLC                                                                                     | CUSIP: N/A<br>LEI: 254900B0G2IU0VBDOY26       | Long             | LON              | CORP              | US        |    547250 | PA      | $530148.44    | 0.13%             | 2031-07-01      | Variable      | 8.78%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                | Dow Chemical Co.                                                                                     | CUSIP: 260543DH3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208593.49    | 0.05%             | 2053-05-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| HPS Private Credit CLO                             | HPS Private Credit CLO 2025-3 LLC                                                                    | CUSIP: 40445YAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250000.00    | 0.06%             | 2037-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R                     | Central Texas Regional Mobility Authority Revenue Bonds                                              | CUSIP: 155498MR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $795990.56    | 0.20%             | 2045-01-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                           | Warnermedia Holdings, Inc.                                                                           | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $745496.84    | 0.19%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                        | State of Illinois General Obligation Unlimited                                                       | CUSIP: 452152BM2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    715385 | PA      | $744621.99    | 0.19%             | 2035-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CNO FINANCIAL GROUP INC                            | CNO Financial Group, Inc.                                                                            | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    750000 | PA      | $772274.62    | 0.19%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HGR EDU POLIC                     | State of West Virginia, Higher Education Policy Commission, Revenue Bonds, Federally Taxable Build A | CUSIP: 95639RDX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11445422.00  | 2.86%             | 2040-04-01      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Obligations C                     | Dreyfus Treasury Obligations Cash Management Fund - Institutional Shares                             | CUSIP: N/A<br>LEI: 549300MKKM9KT7BF6329       | Long             | STIV             | RF                | US        |     42754 | NS      | $42753.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                                           | BX Trust                                                                                             | CUSIP: 05612TAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1136343.75   | 0.28%             | 2029-07-15      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| LVNV FUNDING LLC                                   | LVNV Funding LLC                                                                                     | CUSIP: N/A<br>LEI: 549300YMNWAZ7DKR6204       | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $203622.79    | 0.05%             | 2029-06-12      | Fixed         | 6.84%                 | No            |                  3 | On Loan: No      |
| BP CAPITAL MARKETS PLC                             | BP Capital Markets plc                                                                               | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |   1300000 | PA      | $1272409.71   | 0.32%             | N/A             | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -548554 | PA      | $-548554.25   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| LIBERTY GLOBAL LTD                                 | Telenet Finance Luxembourg Notes SARL                                                                | CUSIP: N/A<br>LEI: 2138007RI9GLJPCC3E25       | Long             | DBT              | CORP              | LU        |    200000 | PA      | $197000.00    | 0.05%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                     | AASET Ltd.                                                                                           | CUSIP: 00038QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    763194 | PA      | $761073.63    | 0.19%             | 2049-09-16      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK, Inc.                                                                                          | CUSIP: 29336UAC1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133842.62    | 0.03%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1059571 | PA      | $-1059571.00  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| FREMONT CA UNIF SCH DIST ALAME                     | Fremont Unified School District/Alameda County California General Obligation Unlimited               | CUSIP: 357155CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $289781.36    | 0.07%             | 2041-08-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MARIN CA CMNTY CLG DIST                            | Marin Community College District General Obligation Unlimited                                        | CUSIP: 56781RJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1794506.60   | 0.45%             | 2038-08-01      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Carlyle Direct Lending CLO LLC                     | Carlyle Direct Lending CLO LLC                                                                       | CUSIP: 14310QAU2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $797194.64    | 0.20%             | 2036-07-15      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| ASCOT GROUP LTD                                    | Ascot Group Ltd.                                                                                     | CUSIP: 04365XAB4<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |    350000 | PA      | $355133.38    | 0.09%             | 2035-06-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH REVEN                     | Illinois Housing Development Authority Revenue Bonds                                                 | CUSIP: 45203MYE5<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    750000 | PA      | $751411.35    | 0.19%             | 2044-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TEAMSYSTEM SPA                                     | TeamSystem SpA                                                                                       | CUSIP: N/A<br>LEI: 81560062081DF3AB7A90       | Long             | DBT              | CORP              | IT        |    700000 | PA      | $798887.12    | 0.20%             | 2031-07-31      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                | JPMorgan Chase & Co.                                                                                 | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    950000 | PA      | $976873.92    | 0.24%             | 2033-09-14      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |   1150000 | NS      | $1159501.30   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| CNT PRNT/CDK GLO II/FIN                            | Central Parent LLC / CDK Global II LLC / CDK Financing Company, Inc.                                 | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $179150.52    | 0.04%             | 2029-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                              | Foundry JV Holdco LLC                                                                                | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400933.58    | 0.10%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LSTAR Securities Investment Lt                     | LSTAR Securities Investment Ltd.                                                                     | CUSIP: 54916LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    188880 | PA      | $188910.76    | 0.05%             | 2029-01-01      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| KNOX CNTY IN ECON DEV REVENUE                      | County of Knox Indiana Revenue Bonds                                                                 | CUSIP: 499396AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2920000 | PA      | $2857843.13   | 0.71%             | 2034-04-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                             | Service Experts Issuer LLC                                                                           | CUSIP: 81758FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    282425 | PA      | $286284.57    | 0.07%             | 2035-11-20      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| DYE & DURHAM LIMITED                               | Dye & Durham Ltd.                                                                                    | CUSIP: 267486AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    310000 | PA      | $321589.04    | 0.08%             | 2029-04-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -768170 | PA      | $-768169.66   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTRAL STORAGE TRUST                              | Central Storage Safety Project Trust                                                                 | CUSIP: 155431AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6223008 | PA      | $5702452.76   | 1.43%             | 2038-02-01      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| SVC ABS LLC                                        | SVC ABS LLC                                                                                          | CUSIP: 78487JAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    994375 | PA      | $969053.44    | 0.24%             | 2053-02-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE                                    | Cellnex Finance Company S.A.                                                                         | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |   1250000 | PA      | $953639.88    | 0.24%             | 2041-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | Madison Park Funding LVIII Ltd.                                                                      | CUSIP: 55817BAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    400000 | PA      | $403545.52    | 0.10%             | 2037-04-25      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| SERVPRO MASTER ISSUER, LLC                         | SERVPRO Master Issuer LLC                                                                            | CUSIP: 817743AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    945000 | PA      | $926128.16    | 0.23%             | 2049-10-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                | Bank of Nova Scotia                                                                                  | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    550000 | PA      | $579438.20    | 0.14%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO IV LLC                             | Ares Finance Company IV LLC                                                                          | CUSIP: 039936AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2650000 | PA      | $1785545.36   | 0.45%             | 2052-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                           | Prudential Financial, Inc.                                                                           | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1152951.72   | 0.29%             | 2052-03-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                        | BNP Paribas                                                                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Short            | RA               | CORP              | FR        |  -1034462 | PA      | $-1034462.43  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                              | Chicago Board of Education General Obligation Unlimited                                              | CUSIP: 167505KH8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    195000 | PA      | $178485.24    | 0.04%             | 2039-12-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -716983 | PA      | $-716983.09   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX Trust                                                                                            | CUSIP: 67117YAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    361841 | PA      | $360580.32    | 0.09%             | 2062-09-25      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                        | Ares Direct Lending CLO 1 LLC                                                                        | CUSIP: 04020RAC2<br>LEI: 254900W79C3ALKJIMH12 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250399.88    | 0.06%             | 2036-04-25      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY INDL DEV AGY                      | New York City Industrial Development Agency Revenue Bonds                                            | CUSIP: 64971PKP9<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1868484.38   | 0.47%             | 2034-03-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                  | NatWest Group plc                                                                                    | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    850000 | PA      | $859762.19    | 0.21%             | 2026-11-10      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST HSG CORP SF MTGE                       | Kentucky Housing Corp. Revenue Bonds                                                                 | CUSIP: 491309NM8<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    250000 | PA      | $248777.60    | 0.06%             | 2045-07-01      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -848640 | PA      | $-848640.41   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -581719 | PA      | $-581719.46   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| FT 1 INC                                           | Targus, Inc.                                                                                         | CUSIP: N/A<br>LEI: 5493002GPK5LQJ7QPJ51       | Long             | EC               | CORP              | US        |     17838 | NS      | $1.78         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TOTAL WEBHOSTING SOLUTIONS BV                      | Total Webhosting Solutions B.V.                                                                      | CUSIP: N/A<br>LEI: 98450055H0892EDCB847       | Long             | LON              | CORP              | NL        |   1000000 | PA      | $1139370.88   | 0.28%             | 2031-11-04      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -857508 | PA      | $-857507.85   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| INTACT FINANCIAL CORP                              | Intact Financial Corp.                                                                               | CUSIP: 45823TAL0<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | DBT              | CORP              | CA        |   1900000 | PA      | $1899350.92   | 0.47%             | 2032-09-22      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                   | Altria Group, Inc.                                                                                   | CUSIP: 02209SBN2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1012311.87   | 0.25%             | 2051-02-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                   | BAT Capital Corp.                                                                                    | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    800000 | PA      | $865087.30    | 0.22%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                  | Post Holdings, Inc.                                                                                  | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1185364.57   | 0.30%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC CONVENTION & SPO                     | Washington Convention & Sports Authority Revenue Bonds                                               | CUSIP: 93878LBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $87584.94     | 0.02%             | 2040-10-01      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -803487 | PA      | $-803486.80   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                              | McGraw-Hill Education, Inc.                                                                          | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296333.43    | 0.07%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                 | Subway Funding LLC                                                                                   | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    547250 | PA      | $535019.29    | 0.13%             | 2054-07-30      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| DATIX BIDCO LIMITED                                | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: 9845006BT9AF870CZ249       | Long             | LON              | CORP              | US        |    140000 | PA      | $139041.81    | 0.03%             | 2031-04-30      | Variable      | 9.54%                 | No            |                  3 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -1999472 | PA      | $-1999472.07  | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -390573 | PA      | $-390573.31   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Figs Inc                                           | Figs, Inc.                                                                                           | CUSIP: 30260D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3754 | NS      | $16329.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OAKLAND CA UNIF SCH DIST ALAME                     | Oakland Unified School District/Alameda County General Obligation Unlimited                          | CUSIP: 672325P50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $1886294.45   | 0.47%             | 2040-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                | CURRENCY CONTRACT - Rec USD / Deliver EUR                                                            | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DFE              |  | US        |  -4803000 | NC      | $-79259.06    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza                     | Castlelake Aircraft Structured Trust                                                                 | CUSIP: 14856GAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     41397 | PA      | $41389.13     | 0.01%             | 2046-01-15      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                              | Toronto-Dominion Bank                                                                                | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    750000 | PA      | $785498.25    | 0.20%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC                                    | Global Atlantic Finance Co.                                                                          | CUSIP: 37959GAC1<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1406488.28   | 0.35%             | 2051-10-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| GIBSON BRANDS INC                                  | Gibson Brands, Inc.                                                                                  | CUSIP: N/A<br>LEI: 549300KU4ACNZQGB7J14       | Long             | LON              | CORP              | US        |    483750 | PA      | $465207.86    | 0.12%             | 2028-08-11      | Variable      | 9.54%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                           | Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.                          | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $279442.77    | 0.07%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -2291471 | PA      | $-2291470.72  | -0.57%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES III                             | Dyal Capital Partners III (B), LP                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    440000 | PA      | $437015.03    | 0.11%             | 2044-06-15      | Fixed         | 6.55%                 | No            |                  3 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF                     | Pennsylvania Housing Finance Agency Revenue Bonds                                                    | CUSIP: 70879QK36<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2832771.90   | 0.71%             | 2054-04-01      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST DEV FIN AUTH HLTHS                     | Oklahoma Development Finance Authority Revenue Bonds                                                 | CUSIP: 67884XCP0<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |  10950000 | PA      | $10615916.60  | 2.65%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                | NuStar Logistics, LP                                                                                 | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018799.97   | 0.25%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                | United Airlines, Inc.                                                                                | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2089673.74   | 0.52%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COMSTOCK PARK MI PUBLIC SCHS                       | Comstock Park Public Schools General Obligation Unlimited                                            | CUSIP: 205759GX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210304.90    | 0.05%             | 2026-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH SF                      | Colorado Housing and Finance Authority Revenue Bonds                                                 | CUSIP: 19648GHV7<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1563324.79   | 0.39%             | 2043-11-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer, LLC                         | SERVPRO Master Issuer LLC                                                                            | CUSIP: 817743AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     48000 | PA      | $44364.02     | 0.01%             | 2051-04-25      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| CLIFFWATER LLC                                     | Cliffwater LLC                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    270000 | PA      | $269105.89    | 0.07%             | 2032-04-22      | Variable      | 9.28%                 | No            |                  3 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux SARL/ JBS USA Food Company/ JBS Lux Co SARL                                      | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    763000 | PA      | $772873.22    | 0.19%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DISPATCH TERRA ACQUISITION LLC                     | Dispatch Terra Acquisition LLC                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1106875 | PA      | $1080387.48   | 0.27%             | 2028-03-27      | Variable      | 8.70%                 | No            |                  2 | On Loan: No      |
| COBANK ACB                                         | CoBank ACB                                                                                           | CUSIP: 19075QAG7<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | EP               | CORP              | US        |    250000 | NS      | $254059.75    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MONROVIA CA UNIF SCH DIST                          | Monrovia Unified School District, Los Angeles County, California, Election of 2006 General Obligatio | CUSIP: 611594KH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $689596.64    | 0.17%             | 2028-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX Trust                                                                                            | CUSIP: 67118XAC9<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-MBS          | CORP              | US        |    258332 | PA      | $261564.60    | 0.07%             | 2064-02-25      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                               | FirstKey Homes Trust                                                                                 | CUSIP: 33768EAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $990056.90    | 0.25%             | 2038-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO MGMT                            | Iron Mountain Information Management Services, Inc.                                                  | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $283801.05    | 0.07%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                   | LPL Holdings, Inc.                                                                                   | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    650000 | PA      | $618020.85    | 0.15%             | 2031-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                         | Air Canada                                                                                           | CUSIP: 008911BJ7<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |   1050000 | PA      | $751206.88    | 0.19%             | 2029-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT HSG FIN AUTH HSG M                     | Connecticut Housing Finance Authority Revenue Bonds                                                  | CUSIP: 20775JBJ7<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004329.40   | 0.25%             | 2040-11-15      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -2098614 | PA      | $-2098614.17  | -0.52%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -754580 | PA      | $-754579.65   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| Gilead Aviation (Warehouse) LL                     | Gilead Aviation LLC                                                                                  | CUSIP: 37556TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    446340 | PA      | $444669.50    | 0.11%             | 2050-03-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                     | TD SYNNEX Corp.                                                                                      | CUSIP: 87162WAL4<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    850000 | PA      | $872293.50    | 0.22%             | 2034-04-12      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -726245 | PA      | $-726244.54   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                           | GrafTech Global Enterprises, Inc.                                                                    | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $777500.00    | 0.19%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                            | MPLX, LP                                                                                             | CUSIP: 55336VBZ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    400000 | PA      | $369425.26    | 0.09%             | 2055-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -906150 | PA      | $-906150.44   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -797856 | PA      | $-797856.02   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| ARMOR PARENT CORP                                  | Accuride Liquidating Trust                                                                           | CUSIP: N/A<br>LEI: 549300MC6XO5P96H8E79       | Long             | EC               | CORP              | US        |        25 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SOUTHERN CO                                        | Southern Co.                                                                                         | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97729.81     | 0.02%             | 2051-09-15      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| NFM & J LLC                                        | The Facilities Group                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    488914 | PA      | $482118.48    | 0.12%             | 2027-11-30      | Variable      | 10.18%                | No            |                  3 | On Loan: No      |
| FT 1 INC                                           | Targus, Inc.                                                                                         | CUSIP: N/A<br>LEI: 5493002GPK5LQJ7QPJ51       | Long             | EC               | CORP              | US        |     17838 | NS      | $315.61       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BLUE RIBBON LLC (USA)                              | Blue Ribbon LLC                                                                                      | CUSIP: N/A<br>LEI: 549300NQM7J4KC44D416       | Long             | LON              | CORP              | US        |    948750 | PA      | $722634.41    | 0.18%             | 2028-05-08      | Variable      | 10.55%                | No            |                  2 | On Loan: No      |
| FIRSTDIGITAL COMMUNICATIONS LLC                    | FirstDigital Communications LLC                                                                      | CUSIP: N/A<br>LEI: 549300FTXU0H08IR2D04       | Long             | LON              | CORP              | US        |   1231250 | PA      | $1211792.56   | 0.30%             | 2026-12-17      | Variable      | 8.69%                 | No            |                  3 | On Loan: No      |
| ENDO INC (DELAWARE)                                | Endo Luxembourg Finance Co I SARL / Endo US, Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |    350000 | NS      | $35.00        | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -485943 | PA      | $-485942.86   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank plc                                  | CURRENCY CONTRACT - Rec USD / Deliver CAD                                                            | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DFE              |  | US        |  -1027000 | NC      | $-11703.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Securities Ca                     | Dreyfus Treasury Securities Cash Management Fund - Institutional Shares                              | CUSIP: N/A<br>LEI: 549300U78VESCW509025       | Long             | STIV             | RF                | US        |   1544082 | NS      | $1544081.96   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SWISS RE FINANCE LUX                               | Swiss Re Finance Luxembourg S.A.                                                                     | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |   1000000 | PA      | $986345.00    | 0.25%             | 2049-04-02      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HORRY CNTY SC ARPT REVENUE                         | County of Horry South Carolina Airport Revenue Bonds                                                 | CUSIP: 44066MEB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5662751.50   | 1.42%             | 2040-07-01      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNI PWR-OHIO INC OH                      | American Municipal Power, Inc., Combined Hydroelectric Projects Revenue Bonds, New Clean Renewable E | CUSIP: 02765UEP5<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4005722.50   | 1.00%             | 2028-02-15      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -1990118 | PA      | $-1990118.04  | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| TULSA OK ARPTS IMPT TRUST                          | Tulsa Airports Improvement Trust Revenue Bonds                                                       | CUSIP: 899647TS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $2628988.01   | 0.66%             | 2045-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                           | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |     98061 | PA      | $97261.02     | 0.02%             | 2031-02-13      | Variable      | 9.83%                 | No            |                  3 | On Loan: No      |
| COAST CA CMNTY CLG DIST                            | Coast Community College District General Obligation Unlimited                                        | CUSIP: 190335MB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $191533.75    | 0.05%             | 2039-08-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                                  | Sonic Capital LLC                                                                                    | CUSIP: 83546DAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1156000 | PA      | $968880.82    | 0.24%             | 2051-08-20      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                 | Valero Energy Corp.                                                                                  | CUSIP: 91913YBE9<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $1689048.94   | 0.42%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SANTA ANA CA UNIF SCH DIST                         | Santa Ana Unified School District, California, General Obligation Bonds, Federal Taxable Build Ameri | CUSIP: 801155VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2451608.02   | 0.61%             | 2030-08-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| DATIX BIDCO LIMITED                                | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: 9845006BT9AF870CZ249       | Long             | LON              | CORP              | US        |    472000 | PA      | $631611.67    | 0.16%             | 2031-04-30      | Variable      | 9.46%                 | No            |                  3 | On Loan: No      |
| BLUE OWL GP STAKES V ISSUER                        | Blue Owl Capital GP LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    374250 | PA      | $382324.22    | 0.10%             | 2043-08-22      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| JANE STREET GRP/JSG FIN                            | Jane Street Group / JSG Finance, Inc.                                                                | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $992429.85    | 0.25%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Five Guys Funding, LLC                             | Five Guys Holdings, Inc.                                                                             | CUSIP: 33830JAE5<br>LEI: 549300XWT8G8Q3Z3HJ19 | Long             | ABS-O            | CORP              | US        |    398000 | PA      | $409811.37    | 0.10%             | 2054-01-26      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| DETROIT MI CITY SCH DIST                           | Detroit, Michigan, School District, School Building and Site Bonds, Unlimited Tax General Obligation | CUSIP: 251130EC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2817516.77   | 0.70%             | 2029-05-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                     | CFMT LLC                                                                                             | CUSIP: 12530GAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $470856.95    | 0.12%             | 2037-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| SELECTIVE INSURANCE GROU                           | Selective Insurance Group, Inc.                                                                      | CUSIP: 816300503<br>LEI: 549300R3WGJWLE40R258 | Long             | EP               | CORP              | US        |     20000 | NS      | $335800.00    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| LASERAWAY INTERMEDIATE HOLDINGS II LLC             | LaserAway Intermediate Holdings II LLC                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    769260 | PA      | $732720.60    | 0.18%             | 2027-10-14      | Variable      | 10.29%                | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH SF MTGE REVEN                     | Iowa Finance Authority Revenue Bonds                                                                 | CUSIP: 46247EAY1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    500000 | PA      | $487578.00    | 0.12%             | 2049-07-01      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -2791552 | PA      | $-2791552.11  | -0.70%            |  |  |  | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                               | FirstKey Homes Trust                                                                                 | CUSIP: 33767JBA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $246639.55    | 0.06%             | 2037-10-19      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| LVNV FUNDING LLC                                   | LVNV Funding LLC                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $680210.11    | 0.17%             | 2028-11-05      | Fixed         | 7.80%                 | No            |                  3 | On Loan: No      |
| OHIOHEALTH CORP                                    | OhioHealth Corp.                                                                                     | CUSIP: 67777JAM0<br>LEI: JGYGIL4QGKKPZU7C1D18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $207950.14    | 0.05%             | 2041-11-15      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| SILVER LAKE (OFFSHORE) AIV GP V LTD                | Zephyr Bidco Ltd.                                                                                    | CUSIP: N/A<br>LEI: 549300ZI8D8NFMCTDS74       | Long             | LON              | CORP              | GB        |    900000 | PA      | $1212983.37   | 0.30%             | 2028-07-20      | Variable      | 9.71%                 | No            |                  2 | On Loan: No      |
| Labrador Aviation Finance Limi                     | Labrador Aviation Finance Ltd.                                                                       | CUSIP: 50543LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    399269 | PA      | $388280.49    | 0.10%             | 2042-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HSG DEV AGY RSDL FIN                     | Tennessee Housing Development Agency Revenue Bonds                                                   | CUSIP: 88046KRU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $481668.65    | 0.12%             | 2050-07-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE                         | California State University Revenue Bonds                                                            | CUSIP: 13077DBY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $394320.40    | 0.10%             | 2047-11-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                             | Nationstar Mortgage Holdings, Inc.                                                                   | CUSIP: 43734LAA4<br>LEI: 549300DQF6YN0E43PM71 | Long             | DBT              | CORP              | US        |    560000 | PA      | $557971.12    | 0.14%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -267985 | PA      | $-267985.42   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -1141022 | PA      | $-1141022.29  | -0.29%            |  |  |  | No            |                  2 | On Loan: No      |
| BEACON FUNDING TRUST                               | Beacon Funding Trust                                                                                 | CUSIP: 073952AB9<br>LEI: 984500A80A2EBF5A7C93 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239589.86    | 0.06%             | 2054-08-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| KKR CORE HOLDING COMPANY LLC                       | KKR Core Holding Company LLC                                                                         | CUSIP: N/A<br>LEI: 5493007DXHDGV3QWWI42       | Long             | ABS-O            | CORP              | US        |   1397101 | PA      | $1269852.28   | 0.32%             | 2031-08-12      | Fixed         | 4.00%                 | No            |                  3 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -531979 | PA      | $-531979.06   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                              | Tennessee Valley Authority                                                                           | CUSIP: 880591ES7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   4800000 | PA      | $3753211.20   | 0.94%             | 2065-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                           | W R Berkley Corp.                                                                                    | CUSIP: 084423870<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EP               | CORP              | US        |     95975 | NS      | $1505847.75   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -3520335 | PA      | $-3520334.59  | -0.88%            |  |  |  | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HS                     | Connecticut Housing Finance Authority Revenue Bonds                                                  | CUSIP: 20775HT60<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    800000 | PA      | $792182.32    | 0.20%             | 2049-11-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| PACIFIC BELLS LLC                                  | Pacific Bells LLC                                                                                    | CUSIP: N/A<br>LEI: 549300VGOQXINYVBJF37       | Long             | LON              | CORP              | US        |   1039184 | PA      | $1041345.07   | 0.26%             | 2028-11-13      | Variable      | 8.56%                 | No            |                  2 | On Loan: No      |
| UNIV OF ARKANSAS AR UNIV REVEN                     | University of Arkansas Revenue Bonds                                                                 | CUSIP: 914073BD2<br>LEI: 549300FFADBQ3NEI2D96 | Long             | DBT              | MUN               | US        |    250000 | PA      | $187056.00    | 0.05%             | 2041-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -3603752 | PA      | $-3603752.24  | -0.90%            |  |  |  | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom, Inc.                                                                                       | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1057374.88   | 0.26%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| IP Lending LLC                                     | IP Lending X Ltd.                                                                                    | CUSIP: 44989MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1125000 | PA      | $1125000.00   | 0.28%             | 2029-07-02      | Fixed         | 7.75%                 | No            |                  3 | On Loan: No      |
| UPBOUND GROUP INC                                  | Upbound Group, Inc.                                                                                  | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239206.01    | 0.06%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -4452748 | PA      | $-4452747.54  | -1.11%            |  |  |  | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                                   | Owl Rock CLO XVI LLC                                                                                 | CUSIP: 69120YAE5<br>LEI: 254900BHMAVJ8X5TCA77 | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $598393.44    | 0.15%             | 2036-04-20      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTR REVENUE                             | Chicago, Illinois, Second Lien Water Revenue Bonds, Taxable Build America Bonds                      | CUSIP: 167736YU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3187392.62   | 0.80%             | 2040-11-01      | Fixed         | 6.74%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                             | Switch ABS Issuer LLC                                                                                | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $847515.20    | 0.21%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -302182 | PA      | $-302182.19   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| WAYNE MI ST UNIV REVENUES                          | Wayne State University Revenue Bonds                                                                 | CUSIP: 946303C44<br>LEI: 549300GWQMQVAS66E613 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $746157.54    | 0.19%             | 2049-11-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -885394 | PA      | $-885393.82   | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| POLARIS INC                                        | Polaris, Inc.                                                                                        | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |    450000 | PA      | $466955.76    | 0.12%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| VERTICAL TOPCO I SA                                | TK Elevator Midco GmbH                                                                               | CUSIP: N/A<br>LEI: 254900K869UN2ZWVB351       | Short            | LON              | CORP              | DE        |  -1000000 | PA      | $-0.01        | -0.00%            | 2027-01-29      | Variable      | 0.82%                 | No            |                  3 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -925586 | PA      | $-925585.65   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                           | Southwestern Public Service Co.                                                                      | CUSIP: 845743BR3<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $711551.29    | 0.18%             | 2047-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                        | BNP Paribas                                                                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Short            | RA               | CORP              | FR        |   -950694 | PA      | $-950694.21   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| INTEGRATED POWER SERVICES HOLDINGS INC             | Integrated Power Services Holdings, Inc.                                                             | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -104887 | PA      | $-260.88      | -0.00%            | 2028-11-22      | Variable      | 0.75%                 | No            |                  3 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -882443 | PA      | $-882442.80   | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| AZ BATTERY PROPERTY LLC                            | AZ Battery Property LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    680000 | PA      | $639375.41    | 0.16%             | 2046-02-20      | Fixed         | 6.73%                 | No            |                  3 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                           | British Telecommunications plc                                                                       | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |   1700000 | PA      | $1545510.80   | 0.39%             | 2081-11-23      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -980036 | PA      | $-980036.38   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -274468 | PA      | $-274467.63   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -931434 | PA      | $-931433.93   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| TENNESSEE HSG DEV AGY RSDL FIN                     | Tennessee Housing Development Agency Revenue Bonds                                                   | CUSIP: 88046KLA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $487256.55    | 0.12%             | 2054-07-01      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA PUBLIC HOSP DIST                      | King County Public Hospital District No. 2 General Obligation Ltd.                                   | CUSIP: 494791TB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $794087.36    | 0.20%             | 2044-12-01      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OH HOSP FACS REV                     | County of Franklin Ohio Revenue Bonds                                                                | CUSIP: 353187EV5<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   8900000 | PA      | $5525053.25   | 1.38%             | 2050-11-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce, Toronto Branch | Canadian Imperial Bank of Commerce                                                                   | CUSIP: N/A<br>LEI: 2IGI19DL77OX0HC3ZE78       | Short            | RA               | CORP              | CA        |  -1152437 | PA      | $-1152437.00  | -0.29%            |  |  |  | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                           | PetSmart, Inc. / PetSmart Finance Corp.                                                              | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $579042.90    | 0.14%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEVADA ST HSG DIV SF MTGE REVE                     | Nevada Housing Division Revenue Bonds                                                                | CUSIP: 641279F41<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3801737.60   | 0.95%             | 2050-10-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                           | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |    125454 | PA      | $123407.74    | 0.03%             | 2031-02-13      | Variable      | 9.83%                 | No            |                  3 | On Loan: No      |
| CENTRL WA UNIV SYS REVENUE                         | Central Washington University, System Revenue Bonds, 2010, Taxable Build America Bonds               | CUSIP: 155839DK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5234236.00   | 1.31%             | 2030-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                           | Corebridge Financial, Inc.                                                                           | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    840000 | PA      | $852724.19    | 0.21%             | 2052-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1122430 | PA      | $-1122429.52  | -0.28%            |  |  |  | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux SARL/ JBS USA Food Company/ JBS Lux Co SARL                                      | CUSIP: 46590XAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $903172.68    | 0.23%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MANTECA CA REDEV AGY SUCCESSOR                     | Manteca Redevelopment Agency Successor Agency Tax Allocation                                         | CUSIP: 56453RBL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1063625.50   | 0.27%             | 2042-10-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                        | Exelon Corp.                                                                                         | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299645.50    | 0.07%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| DEUCE FINCO PLC                                    | Deuce FinCo plc                                                                                      | CUSIP: N/A<br>LEI: 9845007DA2BC863E8437       | Long             | DBT              | CORP              | GB        |    500000 | PA      | $668638.34    | 0.17%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARMOR PARENT CORP                                  | Accuride Corp                                                                                        | CUSIP: N/A<br>LEI: 549300MC6XO5P96H8E79       | Long             | EC               | CORP              | US        |    403435 | NS      | $40.34        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HANESBRANDS INC                                    | Hanesbrands, Inc.                                                                                    | CUSIP: 410345AQ5<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    400000 | PA      | $422611.60    | 0.11%             | 2031-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -591947 | PA      | $-591947.30   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -759745 | PA      | $-759745.42   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| KUVARE US HOLDINGS INC                             | Kuvare US Holdings, Inc.                                                                             | CUSIP: 50149XAA2<br>LEI: 254900MGBERNLZXF7O58 | Long             | EP               | CORP              | US        |    500000 | NS      | $498570.45    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SITECORE HOLDING II A/S                            | Sitecore Holding III A/S                                                                             | CUSIP: N/A<br>LEI: 213800M9GGJ3GNKQOC39       | Long             | LON              | CORP              | DK        |    796987 | PA      | $898637.89    | 0.22%             | 2029-03-12      | Variable      | 5.32%                 | No            |                  3 | On Loan: No      |
| BETH ISRAEL LAHEY HEALTH                           | Beth Israel Lahey Health, Inc.                                                                       | CUSIP: 08661UAB2<br>LEI: 549300QPZ5W3279DU141 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1504716.65   | 0.38%             | 2051-07-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| WOMENS CARE HOLDINGS INC                           | Women's Care Holdings, Inc.                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1041573 | PA      | $959111.81    | 0.24%             | 2028-01-15      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BLDG EXCELLENT SCH                     | Colorado, Building Excellent Schools Today, Certificates of Participation, Taxable Qualified School  | CUSIP: 19668QDM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2645402.75   | 0.66%             | 2028-03-15      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                                   | Farmers Insurance Exchange                                                                           | CUSIP: 309601AG7<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |    880000 | PA      | $860073.90    | 0.21%             | 2064-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -160812 | PA      | $-160811.60   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Sprite Limited                                     | Sprite Ltd.                                                                                          | CUSIP: 85208UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    627030 | PA      | $601217.51    | 0.15%             | 2046-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R                     | Central Texas Regional Mobility Authority Revenue Bonds                                              | CUSIP: 155498JN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $3977829.98   | 0.99%             | 2042-01-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST                         | Fraser Public School District, Macomb County, Michigan, General Obligation Federally Taxable School  | CUSIP: 355514MD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $505637.16    | 0.13%             | 2026-05-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA, Inc.                                                                                            | CUSIP: 404119CL1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $938436.41    | 0.23%             | 2052-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -938691 | PA      | $-938691.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| VECTOR PHOENIX HOLDINGS (CAYMAN) LP                | Vector Phoenix Holdings, LP                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     15619 | NS      | $330.52       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DYAL CAPITAL PARTNERS IV LP                        | Dyal Capital Partners IV                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    350000 | PA      | $308278.01    | 0.08%             | 2041-02-22      | Fixed         | 3.65%                 | No            |                  3 | On Loan: No      |
| TENNESSEE HSG DEV AGY RSDL FIN                     | Tennessee Housing Development Agency Revenue Bonds                                                   | CUSIP: 88046KNH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $490299.30    | 0.12%             | 2054-07-01      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| Cerberus                                           | Cerberus Loan Funding XLV LLC                                                                        | CUSIP: 15675FAE8<br>LEI: 6354005BRQJC9NIG3407 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $996804.80    | 0.25%             | 2036-04-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -7293626 | PA      | $-7293625.84  | -1.82%            |  |  |  | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                | Medline Borrower, LP                                                                                 | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    450000 | PA      | $439764.48    | 0.11%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CA REDEV SUCCES                     | Riverside County Redevelopment Successor Agency Tax Allocation                                       | CUSIP: 76913ALL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $218937.35    | 0.05%             | 2037-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |  -1024181 | PA      | $-1024180.62  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                           | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Short            | LON              | CORP              | US        |    -24000 | PA      | $-2446.23     | -0.00%            | 2031-02-13      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| METIS ISSUER 2025-1 LLC                            | Metis Issuer, LLC                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $881239.64    | 0.22%             | 2055-05-15      | Fixed         | 6.89%                 | No            |                  3 | On Loan: No      |
| HIGGINBOTHAM INSURANCE AGENCY INC                  | Higginbotham Insurance Agency, Inc.                                                                  | CUSIP: N/A<br>LEI: 549300IY2QEM8MQC2K06       | Long             | LON              | CORP              | US        |    992500 | PA      | $985929.71    | 0.25%             | 2028-11-24      | Variable      | 8.83%                 | No            |                  3 | On Loan: No      |
| KINDER MORGAN INC                                  | Kinder Morgan, Inc.                                                                                  | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394766.56    | 0.10%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -425204 | PA      | $-425204.46   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                     | NRG Energy, Inc.                                                                                     | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    450000 | PA      | $485365.50    | 0.12%             | 2033-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                            | Global Partners Limited Partnership / GLP Finance Corp.                                              | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $467789.40    | 0.12%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                                   | VB-S1 Issuer LLC - VBTEL                                                                             | CUSIP: 91823AAY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4753187.00   | 1.19%             | 2052-02-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                             | AS Mileage Plan IP Ltd.                                                                              | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    600000 | PA      | $583695.48    | 0.15%             | 2031-10-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                     | Whirlpool Corp.                                                                                      | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $144912.00    | 0.04%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1832889 | PA      | $-1832889.00  | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1655699 | PA      | $-1655699.14  | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE                            | Dai-ichi Life Insurance Company Ltd.                                                                 | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $397029.38    | 0.10%             | 2075-07-16      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                        | 3-Month SOFR Futures Contracts                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        21 | NC      | $38650.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                             | NextEra Energy Capital Holdings, Inc.                                                                | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |     12000 | NS      | $300000.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae                                                                                           | CUSIP: 31418FLR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2905000 | PA      | $2876783.30   | 0.72%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| YAK BLOCKER 2 LLC                                  | YAK BLOCKER 2 LLC                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      5183 | NS      | $3912.15      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                            | Alcoa Nederland Holding B.V.                                                                         | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |   1100000 | PA      | $1034588.12   | 0.26%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                              | Foundry JV Holdco LLC                                                                                | CUSIP: 350930AE3<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    550000 | PA      | $569423.76    | 0.14%             | 2038-01-25      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CA ARPT REVENUE                           | Norman Y Mineta San Jose International Airport SJC Revenue Bonds                                     | CUSIP: 798136YP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $52148.53     | 0.01%             | 2041-03-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                           | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Short            | LON              | CORP              | US        |   -204848 | PA      | $-340.08      | -0.00%            | 2031-02-13      | Variable      | 1.00%                 | No            |                  3 | On Loan: No      |
| NIPPON LIFE INSURANCE                              | Nippon Life Insurance Co.                                                                            | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    950000 | PA      | $942376.30    | 0.24%             | 2054-04-16      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                           | Plains All American Pipeline Limited Partnership / PAA Finance Corp.                                 | CUSIP: 72650RBE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $80091.09     | 0.02%             | 2044-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CA SCH DIST                           | Hillsborough City School District General Obligation Unlimited                                       | CUSIP: 432272GE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $784206.72    | 0.20%             | 2038-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                   | Altice France S.A.                                                                                   | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    350000 | PA      | $295334.66    | 0.07%             | 2029-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| QUIRCH FOODS HOLDINGS LLC                          | Quirch Foods Holdings LLC                                                                            | CUSIP: N/A<br>LEI: 549300ZJJLQXSE7L4U02       | Long             | LON              | CORP              | US        |    939168 | PA      | $876168.26    | 0.22%             | 2027-10-27      | Variable      | 9.57%                 | No            |                  2 | On Loan: No      |
| OMNIS FUNDING TRUST                                | Omnis Funding Trust                                                                                  | CUSIP: 68218WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $704318.38    | 0.18%             | 2055-05-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS LLC                        | Grant Thornton Advisors LLC                                                                          | CUSIP: N/A<br>LEI: 254900XS1SHU0YY3WF58       | Long             | LON              | CORP              | US        |    630000 | PA      | $629477.10    | 0.16%             | 2031-05-30      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND CMNTY DEV ADMIN HSG &                     | Maryland Department of Housing & Community Development Revenue Bonds                                 | CUSIP: 57419UDH8<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2466307.25   | 0.62%             | 2049-09-01      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                              | Level 3 Financing, Inc.                                                                              | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    347400 | PA      | $394095.99    | 0.10%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| WASHINGTON ST CONVENTION CENTE                     | Washington State Convention Center Public Facilities District, Lodging Tax Bonds, Taxable Build Amer | CUSIP: 93976AAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4415000 | PA      | $4592178.81   | 1.15%             | 2040-07-01      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| WILTON RE LTD                                      | Wilton RE Ltd.                                                                                       | CUSIP: 97263CAA9<br>LEI: 5493004VQ9VSL29MT373 | Long             | DBT              | CORP              | CA        |   1924000 | PA      | $1938430.00   | 0.48%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -225564 | PA      | $-225563.70   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| VIPER ENERGY INC                                   | Viper Energy, Inc.                                                                                   | CUSIP: 92763MAA3<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50747.71     | 0.01%             | 2027-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -557095 | PA      | $-557094.83   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| Navigator Aviation Ltd                             | Navigator Aviation Ltd.                                                                              | CUSIP: 63943DAB5<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |    804464 | PA      | $790974.57    | 0.20%             | 2049-08-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| TLWND 2019-1                                       | GAIA Aviation Ltd.                                                                                   | CUSIP: 87404LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2147348 | PA      | $2045274.62   | 0.51%             | 2044-12-15      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1338838 | PA      | $-1338837.50  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F                     | Tarrant County Cultural Education Facilities Finance Corp. Revenue Bonds                             | CUSIP: 87638QRJ0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $5503479.20   | 1.38%             | 2050-09-01      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH                         | Massachusetts Port Authority Revenue Bonds                                                           | CUSIP: 575896WR2<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $2442519.20   | 0.61%             | 2042-07-01      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| TEGRA118 WEALTH SOLUTIONS INC                      | Tegra118 Wealth Solutions, Inc.                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    345466 | PA      | $338843.73    | 0.08%             | 2027-02-18      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1724522 | PA      | $-1724522.00  | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                           | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |      6000 | PA      | $5388.44      | 0.00%             | 2031-02-13      | Variable      | 9.83%                 | No            |                  3 | On Loan: No      |
| FIRST REPUBLIC BANK                                | First Republic Bank                                                                                  | CUSIP: 33616C696<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |     17750 | NS      | $3.55         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VIRGINIA ST HSG DEV AUTH CMWLT                     | Virginia Housing Development Authority Revenue Bonds                                                 | CUSIP: 92812U7L6<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983387.40    | 0.25%             | 2054-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -1018838 | PA      | $-1018838.30  | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                 | Panama Government International Bond                                                                 | CUSIP: 698299BS2<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   1250000 | PA      | $751687.50    | 0.19%             | 2063-01-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -563093 | PA      | $-563093.38   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| LAZARD GROUP LLC                                   | Lazard Group LLC                                                                                     | CUSIP: 52107QAL9<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |    660000 | PA      | $683044.46    | 0.17%             | 2031-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SYNDIGO LLC                                        | Syndigo LLC                                                                                          | CUSIP: N/A<br>LEI: 5493003F0ELO33ON0186       | Long             | LON              | CORP              | US        |    915289 | PA      | $913000.62    | 0.23%             | 2027-12-15      | Variable      | 9.09%                 | No            |                  2 | On Loan: No      |
| CYPRESS CA ELEM SCH DIST                           | Cypress School District General Obligation Unlimited                                                 | CUSIP: 232723HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180620.05    | 0.05%             | 2025-08-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                             | NextEra Energy Capital Holdings, Inc.                                                                | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350435.05    | 0.09%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                                  | KREF Ltd.                                                                                            | CUSIP: 48275RAC1<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-O            | CORP              | KY        |    650000 | PA      | $634579.79    | 0.16%             | 2039-02-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | U.S. Treasury Long Bond Futures Contracts                                                            | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |        45 | NC      | $44296.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLSBOROUGH CA SCH DIST                           | Hillsborough City School District General Obligation Unlimited                                       | CUSIP: 432272GG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $214888.35    | 0.05%             | 2040-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                     | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAY4<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |     81116 | PA      | $66545.76     | 0.02%             | 2052-11-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| CHESTERFIELD FINANCIAL HOLDING CHEST_23-1          | CHEST                                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $460631.51    | 0.12%             | 2043-03-23      | Variable      | 7.12%                 | No            |                  3 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT                     | New Jersey Educational Facilities Authority Revenue Bonds                                            | CUSIP: 6460667K0<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2831341.45   | 0.71%             | 2042-07-01      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| OAKRIDGE MI PUBLIC SCHS                            | Oakridge, Michigan, Public Schools, Unlimited Tax General Obligation Bonds                           | CUSIP: 673853GP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $345609.13    | 0.09%             | 2026-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST UNIV AGRIC & MECH                      | Oklahoma State University Revenue Bonds                                                              | CUSIP: 679191GZ3<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |    150000 | PA      | $118269.87    | 0.03%             | 2048-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                             | Venture Global LNG, Inc.                                                                             | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |    350000 | NS      | $330109.70    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                           | Mill City Securities Ltd.                                                                            | CUSIP: 59982DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    438234 | PA      | $406023.96    | 0.10%             | 2069-08-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                         | PacifiCorp                                                                                           | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1068300.90   | 0.27%             | 2055-09-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| NATL LIFE INSURANCE-VRMT                           | National Life Insurance Co.                                                                          | CUSIP: 636792AA1<br>LEI: 0JRPR7R1EOV4Z2M47L22 | Long             | DBT              | CORP              | US        |    900000 | PA      | $1169491.41   | 0.29%             | 2039-09-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI                     | Dallas/Fort Worth International Airport Revenue Bonds                                                | CUSIP: 2350367A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $4358640.65   | 1.09%             | 2050-11-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                        | State of Illinois General Obligation Unlimited                                                       | CUSIP: 452152FA4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    153846 | PA      | $161277.29    | 0.04%             | 2035-04-01      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH                         | Massachusetts Port Authority Revenue Bonds                                                           | CUSIP: 575896WS0<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |    750000 | PA      | $476320.73    | 0.12%             | 2051-07-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS LLC                             | AP Grange Holdings                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   2400000 | PA      | $2421000.00   | 0.61%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| NFM & J LLC                                        | NFM & J LLC                                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    480970 | PA      | $474284.25    | 0.12%             | 2027-11-30      | Variable      | 10.09%                | No            |                  3 | On Loan: No      |
| MPLX LP                                            | MPLX, LP                                                                                             | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44274.55     | 0.01%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SITECORE HOLDING II A/S                            | Sitecore Holding III A/S                                                                             | CUSIP: N/A<br>LEI: 213800M9GGJ3GNKQOC39       | Long             | LON              | CORP              | DK        |    107343 | PA      | $106582.45    | 0.03%             | 2029-03-12      | Variable      | 5.86%                 | No            |                  3 | On Loan: No      |
| BOFA SECURITIES, INC.                              | U.S. Treasury Long Bond Futures Contracts                                                            | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |       -45 | NC      | $-7031.25     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Golub Capital Partners CLO Ltd                     | Golub Capital Partners CLO 46M Ltd.                                                                  | CUSIP: 38178UAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $498220.90    | 0.12%             | 2037-04-20      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -2647772 | PA      | $-2647771.94  | -0.66%            |  |  |  | No            |                  2 | On Loan: No      |
| BROWN UNIVERSITY HEALTH                            | Brown University Health                                                                              | CUSIP: 53229UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1250880.50   | 0.31%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Whitehorse Ltd                                     | WhiteHorse VIII Ltd.                                                                                 | CUSIP: 96524XAA0<br>LEI: 549300GKZTMG24SVKU49 | Long             | ABS-O            | CORP              | KY        |     34322 | PA      | $26359.11     | 0.01%             | 2026-05-01      | Floating      | 9.09%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                           | New Enterprise Stone & Lime Company, Inc.                                                            | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |    575000 | PA      | $578455.75    | 0.14%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HT HOLDING LLC                                     | HighTower Holding LLC                                                                                | CUSIP: N/A<br>LEI: 254900MKOSB7RTMA9K12       | Long             | LON              | CORP              | US        |    343737 | PA      | $342877.41    | 0.09%             | 2032-02-03      | Variable      | 7.26%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH HOSP FACS                     | New Hampshire Business Finance Authority Revenue Bonds                                               | CUSIP: 63609WAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $3176928.00   | 0.79%             | 2051-05-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital                      | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $989173.80    | 0.25%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                     | Stack Infrastructure Issuer LLC                                                                      | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $538029.25    | 0.13%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                  | Flowers Foods, Inc.                                                                                  | CUSIP: 343498AE1<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1994912.67   | 0.50%             | 2055-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                           | Liberty Mutual Group, Inc.                                                                           | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $1669026.38   | 0.42%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                           | SLAM 2025-1 Ltd.                                                                                     | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $408008.40    | 0.10%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURA                           | Meiji Yasuda Life Insurance Co.                                                                      | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    700000 | PA      | $687476.79    | 0.17%             | 2055-06-11      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                  | Imperial Fund Mortgage Trust                                                                         | CUSIP: 45276PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1693799 | PA      | $1589971.48   | 0.40%             | 2067-03-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                           | Safehold GL Holdings LLC                                                                             | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    900000 | PA      | $917077.13    | 0.23%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                  | GXO Logistics, Inc.                                                                                  | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022441.42   | 0.26%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV                           | Stewart Information Services Corp.                                                                   | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1196012.59   | 0.30%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMAZON CONSERVATION DAC                            | Amazon Conservation DAC                                                                              | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $981000.00    | 0.25%             | 2042-01-16      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| SOUTHERN VETERINARY COMPANY LLC                    | Southern Veterinary Partners LLC                                                                     | CUSIP: N/A<br>LEI: 549300DT78GYJYRK0R74       | Long             | LON              | CORP              | US        |   1571314 | PA      | $1571581.30   | 0.39%             | 2031-12-04      | Variable      | 7.53%                 | No            |                  2 | On Loan: No      |
| Fortress Credit BSL Limited                        | Fortress Credit BSL XV Ltd.                                                                          | CUSIP: 34964WAS1<br>LEI: 254900VHYDP7XYPMH337 | Long             | ABS-O            | CORP              | JE        |    650000 | PA      | $652250.04    | 0.16%             | 2033-10-18      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| DYAL CAPITAL PARTNERS IV LP                        | Dyal Capital Partners IV                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    650000 | PA      | $572516.30    | 0.14%             | 2041-02-22      | Fixed         | 3.65%                 | No            |                  3 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -938893 | PA      | $-938892.86   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| MICHAEL BAKER INTERNATIONAL LLC                    | Michael Baker International LLC                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    397000 | PA      | $395265.11    | 0.10%             | 2028-12-01      | Variable      | 8.28%                 | No            |                  2 | On Loan: No      |
| INSPIRED EDUCATION HOLDINGS LTD                    | Inspired Finco Holdings, Ltd.                                                                        | CUSIP: N/A<br>LEI: 21380079CKTODVMD9183       | Long             | LON              | CORP              | GB        |   1000000 | PA      | $1132625.48   | 0.28%             | 2031-02-28      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| MADISON OH LOCAL SCH DIST RICH                     | Madison Local School District, Richland County, Ohio, School Improvement, Taxable Qualified School C | CUSIP: 558090HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504087.25   | 0.63%             | 2029-12-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce, Toronto Branch | Canadian Imperial Bank of Commerce                                                                   | CUSIP: N/A<br>LEI: 2IGI19DL77OX0HC3ZE78       | Short            | RA               | CORP              | CA        |   -941331 | PA      | $-941331.00   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                            | Reinsurance Group of America, Inc.                                                                   | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196333.78    | 0.05%             | 2055-09-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -303292 | PA      | $-303292.36   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                           | Encore Capital Group, Inc.                                                                           | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    500000 | PA      | $533125.00    | 0.13%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                        | City of New York New York General Obligation Unlimited                                               | CUSIP: 64966SNJ1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4123187.20   | 1.03%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                        | FIGRE Trust                                                                                          | CUSIP: 31684HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227174 | PA      | $230074.42    | 0.06%             | 2054-03-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                   | ITT Holdings LLC                                                                                     | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1167061.75   | 0.29%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST HSG CORP SF MTGE                       | Kentucky Housing Corp. Revenue Bonds                                                                 | CUSIP: 491309GY0<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    500000 | PA      | $480508.10    | 0.12%             | 2055-01-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                     | Whirlpool Corp.                                                                                      | CUSIP: 963320AZ9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91867.32     | 0.02%             | 2032-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -7329920 | PA      | $-7329920.17  | -1.83%            |  |  |  | No            |                  2 | On Loan: No      |
| OAKLAND CA UNIF SCH DIST ALAME                     | Oakland Unified School District, County of Alameda, California, Taxable General Obligation Bonds, El | CUSIP: 672325WR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10060895.00  | 2.51%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                             | Commonwealth Bank of Australia                                                                       | CUSIP: 202712BX2<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    450000 | PA      | $431881.89    | 0.11%             | 2046-03-14      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                 | Steel Dynamics, Inc.                                                                                 | CUSIP: 858119BT6<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $940056.00    | 0.23%             | 2055-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MORENO VLY CA UNIF SCH DIST                        | Moreno Valley Unified School District General Obligation Unlimited                                   | CUSIP: 616871MF3<br>LEI: 549300G4WBO7HSZKUD51 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1578028.80   | 0.39%             | 2044-08-01      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                               | FirstKey Homes Trust                                                                                 | CUSIP: 33767JBE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $395783.48    | 0.10%             | 2037-10-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                           | Jefferies Finance LLC / JFIN Company-Issuer Corp.                                                    | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1421037.90   | 0.36%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUXEY BIDCO LTD                                    | Alexander Mann                                                                                       | CUSIP: N/A<br>LEI: 213800NC9KFDXTICTU17       | Long             | LON              | CORP              | GB        |    985000 | PA      | $956681.25    | 0.24%             | 2027-06-29      | Variable      | 10.39%                | No            |                  2 | On Loan: No      |
| KENTUCKY ST HSG CORP SF MTGE                       | Kentucky Housing Corp. Revenue Bonds                                                                 | CUSIP: 491309MJ6<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500334.50    | 0.13%             | 2050-07-01      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                          | Amgen, Inc.                                                                                          | CUSIP: 031162DG2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $907115.64    | 0.23%             | 2062-02-22      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS LLC                             | AP Grange Holdings LLC                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |     98293 | PA      | $98293.06     | 0.02%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| Firstkey Homes Trust                               | FirstKey Homes Trust                                                                                 | CUSIP: 33767JBC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $395313.92    | 0.10%             | 2037-10-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |  -1023296 | PA      | $-1023296.18  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN SF MTG                     | Idaho Housing & Finance Association Revenue Bonds                                                    | CUSIP: 45129Y7Y6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4068652.14   | 1.02%             | 2049-07-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| TUFTS MEDICAL CTR INC                              | Tufts Medical Center, Inc.                                                                           | CUSIP: 899042AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1574421.96   | 0.39%             | 2038-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MED CENTER MS EDUCTNL BLDG COR                     | Medical Center Educational Building Corp. Revenue Bonds                                              | CUSIP: 584556GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3337443.90   | 0.83%             | 2041-06-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                             | Switch ABS Issuer LLC                                                                                | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $151459.13    | 0.04%             | 2054-03-25      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                     | Whirlpool Corp.                                                                                      | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35646.11     | 0.01%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -5600059 | PA      | $-5600059.46  | -1.40%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -602908 | PA      | $-602907.52   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| INTEGRATED POWER SERVICES HOLDINGS INC             | Integrated Power Services Holdings, Inc.                                                             | CUSIP: N/A<br>LEI: 254900XZHU62GSCKCC41       | Long             | LON              | CORP              | US        |    193667 | PA      | $193184.91    | 0.05%             | 2028-11-22      | Variable      | 8.94%                 | No            |                  3 | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC             | Citadel Securities, LP                                                                               | CUSIP: N/A<br>LEI: 549300NV5RXBUS3X7L47       | Long             | LON              | CORP              | US        |    975154 | PA      | $978079.37    | 0.24%             | 2031-10-31      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -955952 | PA      | $-955952.37   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| NUVEEN LLC                                         | Nuveen LLC                                                                                           | CUSIP: 67080LAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020674.83   | 0.26%             | 2034-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| MERLIN BUYER INC                                   | Merlin Buyer, Inc.                                                                                   | CUSIP: N/A<br>LEI: 2549008CJ699WXZAWW31       | Long             | LON              | CORP              | US        |    295477 | PA      | $292522.62    | 0.07%             | 2028-12-14      | Variable      | 9.05%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                    | U.S. Treasury Notes                                                                                  | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    860000 | PA      | $876125.00    | 0.22%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                      | Boeing Co.                                                                                           | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    510000 | PA      | $544359.64    | 0.14%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| ARMOR PARENT CORP                                  | Accuride Corp.                                                                                       | CUSIP: N/A<br>LEI: 549300MC6XO5P96H8E79       | Long             | LON              | CORP              | US        |    290147 | PA      | $552150.29    | 0.14%             | 2030-03-07      | Variable      | 8.79%                 | No            |                  3 | On Loan: No      |
| LPL HOLDINGS INC                                   | LPL Holdings, Inc.                                                                                   | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    220000 | PA      | $223440.28    | 0.06%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                           | SCIL IV LLC / SCIL USA Holdings LLC                                                                  | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $596961.52    | 0.15%             | 2026-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY NY HLTHCARE C                     | Westchester County Health Care Corporation, Revenue Bonds, Taxable Build America Bonds               | CUSIP: 957366BR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10010000 | PA      | $9625995.38   | 2.41%             | 2040-11-01      | Fixed         | 8.57%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -3326935 | PA      | $-3326934.97  | -0.83%            |  |  |  | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                   | ArcelorMittal S.A.                                                                                   | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    900000 | PA      | $933367.05    | 0.23%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -219395 | PA      | $-219394.75   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| OHIO EDISON CO                                     | Ohio Edison Co.                                                                                      | CUSIP: 677347CH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $957322.34    | 0.24%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                         | FedEx Corp.                                                                                          | CUSIP: 31428XCS3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     70000 | PA      | $51713.07     | 0.01%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                              | HUB International Ltd.                                                                               | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    334000 | PA      | $331254.52    | 0.08%             | 2029-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                             | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance plc                          | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $354855.12    | 0.09%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THUNDERBIRD 2022-1                                 | Thunderbird A                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6328638.54   | 1.58%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -966492 | PA      | $-966491.97   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| MERLIN BUYER INC                                   | Merlin Buyer, Inc.                                                                                   | CUSIP: N/A<br>LEI: 2549008CJ699WXZAWW31       | Long             | LON              | CORP              | US        |    566430 | PA      | $561235.48    | 0.14%             | 2028-12-14      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| SUNRISE FINCO I BV                                 | Sunrise FinCo I B.V.                                                                                 | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $650090.00    | 0.16%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                            | American National Group, Inc.                                                                        | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    550000 | PA      | $559361.67    | 0.14%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cerberus                                           | Cerberus Loan Funding XLVII LLC                                                                      | CUSIP: 156945AE7<br>LEI: 635400CIDEC6DQX2EU90 | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1194723.12   | 0.30%             | 2036-07-15      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -969405 | PA      | $-969404.80   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas                                        | BNP Paribas                                                                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Short            | RA               | CORP              | FR        |   -228556 | PA      | $-228556.36   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                                   | OWL Rock Clo XXI LLC                                                                                 | CUSIP: 69120UAC7<br>LEI: 2549000CE1W4KBWC2X49 | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $600000.00    | 0.15%             | 2034-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BAYLOR COLLEGE OF MEDIC                            | Baylor College of Medicine                                                                           | CUSIP: 07284RAA0<br>LEI: 5493006UKJHZXSM3H989 | Long             | DBT              | CORP              | US        |    600000 | PA      | $554683.31    | 0.14%             | 2046-11-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU                     | New Jersey Turnpike Authority Revenue Bonds                                                          | CUSIP: 646140EA7<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1825270.00   | 0.46%             | 2040-01-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -673790 | PA      | $-673790.02   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V ISSUER                        | Blue Owl Capital GP LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    375750 | PA      | $383856.58    | 0.10%             | 2043-08-22      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| HYATT HOTELS CORP                                  | Hyatt Hotels Corp.                                                                                   | CUSIP: 448579AJ1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1121037.40   | 0.28%             | 2030-04-23      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CORVIAS MILITARY LIVING LLC                        | Homestead Spe Issuer LLC                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   1000000 | PA      | $955639.08    | 0.24%             | 2055-04-01      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| GARLAND TX ELEC UTILITY SYS RE                     | City of Garland Texas Electric Utility System Revenue Bonds                                          | CUSIP: 366133SL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1588634.64   | 0.40%             | 2051-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK, Inc.                                                                                          | CUSIP: 682680CG6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $939995.68    | 0.23%             | 2064-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CA SCH DIST                           | Hillsborough City School District General Obligation Unlimited                                       | CUSIP: 432272GD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $585991.62    | 0.15%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PIERCE CNTY WA SWR REVENUE                         | County of Pierce Washington Sewer Revenue Bonds                                                      | CUSIP: 720653QG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $3102299.50   | 0.78%             | 2042-08-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -3878108 | PA      | $-3878107.57  | -0.97%            |  |  |  | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                                   | Owl Rock CLO I LLC                                                                                   | CUSIP: 69121XAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1049506.40   | 0.26%             | 2036-02-20      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX Trust                                                                                            | CUSIP: 67448NAD0<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $750992.78    | 0.19%             | 2064-01-25      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CA EVERGREEN CMNTY CL                     | San Jose Evergreen Community College District General Obligation Unlimited                           | CUSIP: 798189RS7<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1060709.25   | 0.27%             | 2045-09-01      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| BCP V MODULAR SERVICES FINANCE PLC                 | BCP V Modular Services Finance II plc                                                                | CUSIP: N/A<br>LEI: 213800K8U94KVZL98H64       | Long             | DBT              | CORP              | GB        |    750000 | PA      | $960009.70    | 0.24%             | 2028-10-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -2021148 | PA      | $-2021147.95  | -0.51%            |  |  |  | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA                     | Harris County Cultural Education Facilities Finance Corp. Revenue Bonds                              | CUSIP: 414008CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8900000 | PA      | $7392823.27   | 1.85%             | 2037-11-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -760744 | PA      | $-760743.67   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                 | AmFam Holdings, Inc.                                                                                 | CUSIP: 03115AAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $985216.94    | 0.25%             | 2051-03-11      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                | FS KKR Capital Corp.                                                                                 | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1092059.26   | 0.27%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EVANSVILLE-VANDERBURGH IN INDE                     | Evansville-Vanderburgh School Building Corp. Revenue Bonds                                           | CUSIP: 299620EW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8690000 | PA      | $8844486.48   | 2.21%             | 2030-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -194296 | PA      | $-194296.00   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Datix Bidco Ltd.                                   | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -140000 | PA      | $-958.19      | -0.00%            | 2031-04-25      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| AQUILA FDG LLC FDG_24-1                            | Endo Luxembourg Finance Co I SARL / Endo US, Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007274.50   | 0.25%             | 2045-09-30      | Fixed         | 7.40%                 | No            |                  3 | On Loan: No      |
| CEAMER FINANCE LLC                                 | Ceamer Finance LLC                                                                                   | CUSIP: N/A<br>LEI: 549300KGM6NOF0Q0GA88       | Long             | ABS-O            | CORP              | US        |    762000 | PA      | $766517.27    | 0.19%             | 2037-11-15      | Fixed         | 6.92%                 | No            |                  3 | On Loan: No      |
| YAK BLOCKER 2 LLC                                  | YAK BLOCKER 2 LLC                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4791 | NS      | $3615.88      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |  -5575449 | PA      | $-5575448.84  | -1.39%            |  |  |  | No            |                  2 | On Loan: No      |
| Pershing Square Holdings, Ltd.                     | Pershing Square SPARC Holdings, Ltd.                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     11865 | NS      | $1.19         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| KEENAN FT DETRICK ENERGY                           | Keenan Fort Detrick Energy LLC                                                                       | CUSIP: 487312AD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $760996.00    | 0.19%             | 2048-11-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| CEAMER FINANCE III LLC                             | Ceamer Finance LLC                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    289565 | PA      | $289168.71    | 0.07%             | 2039-11-15      | Fixed         | 6.79%                 | No            |                  3 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -729579 | PA      | $-729578.65   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| THUNDERBIRD 2022-1                                 | Lightning A                                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6328638.54   | 1.58%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| ALEXANDER FUND TRUST II                            | Alexander Funding Trust II                                                                           | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $954187.79    | 0.24%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| Jol Air                                            | JOL Air Ltd.                                                                                         | CUSIP: 46651NAA2<br>LEI: 549300TS4MUGCDXPW498 | Long             | ABS-O            | CORP              | KY        |    723153 | PA      | $715921.75    | 0.18%             | 2044-04-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                                | Hotwire Funding LLC                                                                                  | CUSIP: 44148HAE3<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1953850.56   | 0.49%             | 2053-05-20      | Fixed         | 8.84%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                           | Rogers Communications, Inc.                                                                          | CUSIP: 775109CJ8<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   1150000 | PA      | $958512.76    | 0.24%             | 2042-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOLERA CORP                                        | Polaris Newco LLC                                                                                    | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |    893000 | PA      | $866616.32    | 0.22%             | 2026-06-04      | Variable      | 7.19%                 | No            |                  3 | On Loan: No      |
| LKQ CORP                                           | LKQ Corp.                                                                                            | CUSIP: 501889AF6<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |    950000 | PA      | $990584.51    | 0.25%             | 2033-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BECLE SA DE CV                                     | Becle, SAB de CV                                                                                     | CUSIP: 07586PAA9<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $164535.72    | 0.04%             | 2031-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AASET 2021-2 Trust                                 | AASET Trust                                                                                          | CUSIP: 00258BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340432 | PA      | $313168.42    | 0.08%             | 2047-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DALLAS TX CONVENTION CENTER HO                     | Dallas, Texas, Convention Center Hotel Development Corporation, Hotel Revenue Bonds, Taxable Build A | CUSIP: 235417AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10020000 | PA      | $10880904.37  | 2.72%             | 2042-01-01      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                    | CMS Energy Corp.                                                                                     | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    340000 | PA      | $335527.44    | 0.08%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LL                     | Aligned Data Centers Issuer LLC                                                                      | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $960983.20    | 0.24%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST                           | School District of Philadelphia, Pennsylvania, General Obligation Bonds, Series 2011A, Qualified Sch | CUSIP: 717883LV2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |  10330000 | PA      | $10810408.01  | 2.70%             | 2030-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                        | Illinois, General Obligation Bonds, Taxable Build America Bonds                                      | CUSIP: 452152GS4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3928571 | PA      | $4164920.96   | 1.04%             | 2035-07-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                                | Hotwire Funding LLC                                                                                  | CUSIP: 44148JAK5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101642.22    | 0.03%             | 2054-06-20      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| ARDIAN FRANCE SA                                   | Florida Food Products LLC                                                                            | CUSIP: N/A<br>LEI: 254900J6FNIX7DTKUV52       | Long             | LON              | CORP              | US        |    432665 | PA      | $303406.30    | 0.08%             | 2028-10-18      | Variable      | 9.56%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc                                  | CURRENCY CONTRACT - Rec USD / Deliver GBP                                                            | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DFE              |  | US        |  -3380000 | NC      | $-57747.21    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                           | United Wholesale Mortgage LLC                                                                        | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1098170.04   | 0.27%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BELVOIR LAND LLC                                   | Belvoir Land LLC                                                                                     | CUSIP: 081331AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $482754.00    | 0.12%             | 2035-12-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| DATIX BIDCO LIMITED                                | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -123500 | PA      | $0.00         | 0.00%             | 2030-10-25      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| Cerberus                                           | Cerberus Loan Funding XLVI, LP                                                                       | CUSIP: 15675BAC1<br>LEI: 635400QFSCXQUKSANU86 | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $946776.84    | 0.24%             | 2036-07-15      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                               | Wabash National Corp.                                                                                | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |    500000 | PA      | $426699.85    | 0.11%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LBJ INFRASTRUCTURE GROUP                           | LBJ Infrastructure Group LLC                                                                         | CUSIP: 50203UAA1<br>LEI: 254900DEJSU2OQFZWQ97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $984783.08    | 0.25%             | 2057-12-31      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -916254 | PA      | $-916253.75   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC                            | Evergreen Acqco 1 Limited Partnership / TVI, Inc.                                                    | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    435000 | PA      | $455260.56    | 0.11%             | 2028-04-26      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                 | Kennedy-Wilson, Inc.                                                                                 | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $997021.62    | 0.25%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -798144 | PA      | $-798144.26   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES US PARENT LP                      | Scientific Games Corp.                                                                               | CUSIP: N/A<br>LEI: 549300W5GPFXXB6TQ330       | Long             | LON              | CORP              | US        |    597000 | PA      | $593346.36    | 0.15%             | 2029-04-04      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                     | Florida Housing Finance Corp. Revenue Bonds                                                          | CUSIP: 34074MY70<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1202630.24   | 0.30%             | 2038-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OXNARD CA SCH DIST                                 | Oxnard School District General Obligation Unlimited                                                  | CUSIP: 692020U99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1309492.24   | 0.33%             | 2044-08-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| MIRABELA NICKEL LTD                                | Mirabela Nickel Ltd.                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | AU        |     96316 | PA      | $481.58       | 0.00%             | 2019-06-24      | Variable      | 9.50%                 | Yes           |                  3 | On Loan: No      |
| FIRST BRANDS GROUP LLC                             | First Brands Group LLC                                                                               | CUSIP: N/A<br>LEI: 2549005IXRZR7KSBJD91       | Long             | LON              | CORP              | US        |    767034 | PA      | $740065.21    | 0.18%             | 2027-03-30      | Variable      | 9.54%                 | No            |                  2 | On Loan: No      |
| BARCLAYS CAPITAL INC.                              | Barclays Capital, Inc.                                                                               | CUSIP: N/A<br>LEI: AC28XWWI3WIBK2824319       | Short            | RA               | CORP              | US        |  -1318594 | PA      | $-1318593.60  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| Cerberus                                           | Cerberus Loan Funding XLII LLC                                                                       | CUSIP: 15675CAE5<br>LEI: 635400CIKKARDIZZL727 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1248520.75   | 0.31%             | 2035-09-13      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                          | Boeing Co.                                                                                           | CUSIP: 097023CQ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    329000 | PA      | $225397.23    | 0.06%             | 2050-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ACCIDENT FUND INS CO AM                            | Accident Fund Insurance Company of America                                                           | CUSIP: 00452AAA8<br>LEI: 2549009NUX96RJZ6DQ30 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1736614.18   | 0.43%             | 2032-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RECESS HOLDINGS INC                                | Recess Holdings, Inc.                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    892258 | PA      | $891588.31    | 0.22%             | 2030-02-20      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce, Toronto Branch | Canadian Imperial Bank of Commerce                                                                   | CUSIP: N/A<br>LEI: 2IGI19DL77OX0HC3ZE78       | Short            | RA               | CORP              | CA        |  -1826947 | PA      | $-1826947.00  | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac                                                                                          | CUSIP: 3142J6AP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    915000 | PA      | $906112.44    | 0.23%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                                  | Amsted Industries, Inc.                                                                              | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50749.63     | 0.01%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                     | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAB4<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |   6610992 | PA      | $368908.57    | 0.09%             | 2055-11-25      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                                   | Enstar Group Ltd.                                                                                    | CUSIP: 29359UAD1<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    500000 | PA      | $506249.50    | 0.13%             | 2045-04-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                            | TRTX Issuer Ltd.                                                                                     | CUSIP: 897764AE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    900000 | PA      | $884051.73    | 0.22%             | 2042-09-18      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                              | McGraw-Hill Education, Inc.                                                                          | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    850000 | PA      | $852186.27    | 0.21%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                           | Venture Global Calcasieu Pass LLC                                                                    | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202754.60    | 0.05%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                              | Brooklyn Union Gas Co.                                                                               | CUSIP: 114259AX2<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2089426.96   | 0.52%             | 2033-09-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| INTEGRATED POWER SERVICES HOLDINGS INC             | Integrated Power Services Holdings, Inc.                                                             | CUSIP: N/A<br>LEI: 254900XZHU62GSCKCC41       | Long             | LON              | CORP              | US        |    193957 | PA      | $193474.60    | 0.05%             | 2028-11-22      | Variable      | 8.94%                 | No            |                  3 | On Loan: No      |
| MARYLAND CMNTY DEV ADMIN HSG &                     | Maryland Department of Housing & Community Development Revenue Bonds                                 | CUSIP: 57419UVF2<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003299.50   | 0.25%             | 2045-09-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -2039573 | PA      | $-2039573.00  | -0.51%            |  |  |  | No            |                  2 | On Loan: No      |
| VIRGINIA ST HSG DEV AUTH CMWLT                     | Virginia Housing Development Authority Revenue Bonds                                                 | CUSIP: 92812U5G9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1595904.24   | 0.40%             | 2049-10-01      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Navigator Aircraft ABS LLC                         | Navigator Aircraft ABS Ltd.                                                                          | CUSIP: 63943BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    939395 | PA      | $871307.15    | 0.22%             | 2046-11-15      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -916309 | PA      | $-916309.08   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| HASBRO INC                                         | Hasbro, Inc.                                                                                         | CUSIP: 418056BA4<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    350000 | PA      | $354680.79    | 0.09%             | 2034-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| GINKGO BIOWORKS HOLDINGS INC                       | Ginkgo Bioworks Holdings, Inc.                                                                       | CUSIP: 37611X118<br>LEI: N/A                  | N/A              | DE               |  | US        |      9372 | NS      | $120.90       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R                     | Massachusetts Development Finance Agency Revenue Bonds                                               | CUSIP: 57584YD30<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1493986.73   | 0.37%             | 2046-10-01      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                             | Equitable Holdings, Inc.                                                                             | CUSIP: 29452E408<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |    140000 | NS      | $2310000.00   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -703136 | PA      | $-703135.93   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| SOLERA CORP                                        | Polaris Newco LLC                                                                                    | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Short            | LON              | CORP              | US        |  -1457000 | PA      | $-43047.06    | -0.01%            | 2026-06-04      | Variable      | 0.63%                 | No            |                  3 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                           | Occidental Petroleum Corp.                                                                           | CUSIP: 674599DP7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2044010.00   | 0.51%             | 2027-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GRAFTECH INTERNATIONAL LTD.                        | GrafTech Finance, Inc.                                                                               | CUSIP: N/A<br>LEI: 1Z010BU876CF2HDBIN43       | Long             | LON              | CORP              | US        |    316054 | PA      | $313882.91    | 0.08%             | 2029-12-21      | Variable      | 10.30%                | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1056796 | PA      | $-1056795.71  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| VIPER ENERGY INC                                   | Viper Energy, Inc.                                                                                   | CUSIP: 92763MAB1<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |    153000 | PA      | $160442.07    | 0.04%             | 2031-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                 | Subway Funding LLC                                                                                   | CUSIP: 864300AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    945250 | PA      | $961097.68    | 0.24%             | 2054-07-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                              | Universal Health Services, Inc.                                                                      | CUSIP: 913903BA7<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1080541.33   | 0.27%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH REV                     | California Public Finance Authority Revenue Bonds                                                    | CUSIP: 13057EEK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $3327245.76   | 0.83%             | 2043-10-15      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| ASTON TOPCO LTD                                    | Aston FinCo SARL                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    770130 | PA      | $969889.80    | 0.24%             | 2026-10-09      | Variable      | 8.98%                 | No            |                  2 | On Loan: No      |
| Start Ltd.                                         | Start Ltd.                                                                                           | CUSIP: 85572RAA7<br>LEI: 549300VIQYFIDJQCKZ43 | Long             | ABS-O            | CORP              | BM        |    566415 | PA      | $558785.53    | 0.14%             | 2043-05-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN SF MTG                     | Idaho Housing & Finance Association Revenue Bonds                                                    | CUSIP: 45129Y5P7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1733377.85   | 0.43%             | 2049-07-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                 | Vodafone Group plc                                                                                   | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   1100000 | PA      | $814147.73    | 0.20%             | 2081-06-04      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA SCH DIST                             | Pittsburgh, Pennsylvania, School District, Taxable Qualified School Construction Bonds               | CUSIP: 725277DR5<br>LEI: 549300DCE2NGMJO6P377 | Long             | DBT              | MUN               | US        |   6895000 | PA      | $7440691.67   | 1.86%             | 2029-09-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -927666 | PA      | $-927666.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH SF                      | Colorado Housing and Finance Authority Revenue Bonds                                                 | CUSIP: 19648GHU9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1227354.00   | 0.31%             | 2039-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                               | Flutter Treasury Designated Activity Co.                                                             | CUSIP: 344045AA7<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1023673.00   | 0.26%             | 2029-04-29      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -523240 | PA      | $-523239.80   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| TD SECURITIES (USA) LLC                            | TD Securities (USA) LLC                                                                              | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Short            | RA               | CORP              | US        |   -912307 | PA      | $-912307.13   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                               | OneMain Finance Corp.                                                                                | CUSIP: 682695AA9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    350000 | PA      | $366824.56    | 0.09%             | 2029-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                 | Macquarie Bank Ltd.                                                                                  | CUSIP: 556079AD3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   1200000 | PA      | $1055426.02   | 0.26%             | 2036-03-03      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                                        | BXHPP Trust                                                                                          | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1138174.00   | 0.28%             | 2036-08-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US                      | GoldenTree Loan Management US CLO 24 Ltd.                                                            | CUSIP: 38139WAA1<br>LEI: 254900PS1VHPJR2OTF82 | Long             | ABS-O            | CORP              | KY        |    450000 | PA      | $441294.08    | 0.11%             | 2038-10-20      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| SK INVICTUS INTERMEDIATE                           | SK Invictus Intermediate II SARL                                                                     | CUSIP: 29977LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    700000 | PA      | $665051.10    | 0.17%             | 2029-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |   -327490 | PA      | $-327489.95   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| CURATORS OF THE UNIV OF MISSOU                     | Curators of the University of Missouri Revenue Bonds                                                 | CUSIP: 231266GC5<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1730043.95   | 0.43%             | 2041-11-01      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |  -1668098 | PA      | $-1668098.00  | -0.42%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                            | American National Group, Inc.                                                                        | CUSIP: 025676859<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |     19000 | NS      | $475190.00    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                   | HF Sinclair Corp.                                                                                    | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981989.34    | 0.25%             | 2035-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                            | CARS-DB7, LP                                                                                         | CUSIP: 12510HAT7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    980417 | PA      | $990003.57    | 0.25%             | 2053-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                  | Xerox Corp.                                                                                          | CUSIP: 984121CS0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    450000 | PA      | $462429.90    | 0.12%             | 2030-10-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                           | Mill City Securities Ltd.                                                                            | CUSIP: 599920AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    770331 | PA      | $702156.69    | 0.18%             | 2069-11-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN SF MTG                     | Idaho Housing & Finance Association Revenue Bonds                                                    | CUSIP: 45130BBB8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000197.00   | 0.25%             | 2045-07-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| CLIFFWATER LLC                                     | Cliffwater LLC                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |    -30000 | PA      | $0.00         | 0.00%             | 2032-03-19      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| RBC Capital Markets, LLC                           | RBC Capital Markets LLC                                                                              | CUSIP: N/A<br>LEI: 549300LCO2FLSSVFFR64       | Short            | RA               | CORP              | US        |   -642594 | PA      | $-642594.00   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                     | AASET Trust                                                                                          | CUSIP: 00255JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    569843 | PA      | $574288.42    | 0.14%             | 2049-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.                              | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Short            | RA               | CORP              | US        |  -1004756 | PA      | $-1004755.79  | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| BP HOLDCO LLC                                      | BP Holdco LLC                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15619 | NS      | $12767.63     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** CFO