# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0000894189-26-002232
**Filing Date:** 2026-1
**Character Count:** 77323
**Document Hash:** 9932c80eb7194e889ccf3fc3afafc420
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002232.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002232

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB FUND, INC.
- **CENTRAL INDEX KEY:** 0000831114

**ORGANIZATION NAME:**
- **EIN:** 510312196
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05518
- **FILM NUMBER:** 26569796

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 609-731-6256

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RBB FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FUND INC /DE/
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### Oakhurst Fixed Income Fund (Series ID: S000080834)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000243398 | Institutional Shares | OHFIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Oakhurst Fixed Income Fund** | **Oakhurst Fixed Income Fund** | **Oakhurst Fixed Income Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **U.S. TREASURY SECURITIES - 29.5%** | **Par** | **Value**  |
| United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond |
| &nbsp;&nbsp; 3.88%, 07/31/2030 | 2912000 | $2947263 |
| &nbsp;&nbsp; 3.63%, 09/30/2031 | 971000 | 967776 |
| &nbsp;&nbsp; 4.00%, 06/30/2032 | 2906000 | 2947433 |
| &nbsp;&nbsp; 2.75%, 08/15/2032 | 1828000 | 1718320 |
| &nbsp;&nbsp; 4.13%, 11/15/2032 | 3673000 | 3749114 |
| &nbsp;&nbsp; 3.50%, 02/15/2033 | 3504000 | 3435973 |
| &nbsp;&nbsp; 3.88%, 08/15/2033 | 3903000 | 3911309 |
| &nbsp;&nbsp; 4.50%, 11/15/2033 | 3669000 | 3830021 |
| &nbsp;&nbsp; 4.00%, 02/15/2034 | 2935000 | 2958904 |
| &nbsp;&nbsp; 4.38%, 05/15/2034 | 2183000 | 2257401 |
| &nbsp;&nbsp; 4.25%, 11/15/2034 | 736000 | 752689 |
| &nbsp;&nbsp; 4.63%, 02/15/2035 | 1684000 | 1769055 |
| &nbsp;&nbsp; 3.00%, 05/15/2042 | 3430000 | 2816218 |
| &nbsp;&nbsp; 2.50%, 02/15/2045 | 3573000 | 2590565 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $37,153,280) | **TOTAL U.S. TREASURY SECURITIES** (Cost $37,153,280) | 36652041 |
| **CORPORATE BONDS - 26.0%** | **Par** | **Value**  |
| **Communications - 0.9%** | **Communications - 0.9%** | **Communications - 0.9%** |
|  AT&T, Inc., 7.13%, 12/15/2031 | 750000 | 840289 |
|  Meta Platforms, Inc., 5.63%, 11/15/2055 | 300000 | 299455 |
|  |  | 1139744 |
| **Consumer Discretionary - 2.2%** | **Consumer Discretionary - 2.2%** | **Consumer Discretionary - 2.2%** |
|  AutoZone, Inc., 4.75%, 08/01/2032 | 850000 | 860751 |
|  Fortune Brands Innovations, Inc., 5.88%, 06/01/2033 <sup>(a)</sup> | 900000 | 955458 |
|  Marriott International, Inc./MD, 5.10%, 04/15/2032 | 810000 | 837105 |
|  |  | 2653314 |
| **Consumer Staples - 0.4%** | **Consumer Staples - 0.4%** | **Consumer Staples - 0.4%** |
|  BAT Capital Corp., 7.08%, 08/02/2053 | 467000 | 534695 |
| **Energy - 2.3%** | **Energy - 2.3%** | **Energy - 2.3%** |
|  Diamondback Energy, Inc., 5.40%, 04/18/2034 | 834000 | 857592 |
|  El Paso Natural Gas Co. LLC, 8.38%, 06/15/2032 <sup>(b)</sup> | 823000 | 991135 |
|  Enbridge, Inc., 5.70%, 03/08/2033 | 904000 | 957763 |
|  |  | 2806490 |
| **Financials - 9.1%** | **Financials - 9.1%** | **Financials - 9.1%** |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust, 3.30%, 01/30/2032 | 1075000 | 996083 |
|  American Homes 4 Rent LP, 5.50%, 02/01/2034 | 970000 | 1005886 |
|  Antares Holdings LP, 7.95%, 08/11/2028 <sup>(c)</sup> | 800000 | 847839 |
|  Aviation Capital Group LLC, 6.38%, 07/15/2030 <sup>(c)</sup> | 900000 | 964585 |
|  Bank of America Corp., 5.29% to 04/25/2033 then SOFR + 1.91%, 04/25/2034 | 905000 | 943243 |
|  Capital One Financial Corp., 4.49% to 09/11/2030 then SOFR + 1.25%, 09/11/2031 | 857000 | 856649 |
|  CBRE Services, Inc., 4.90%, 01/15/2033 | 953000 | 965277 |
|  Crown Castle, Inc., 5.10%, 05/01/2033 | 968000 | 982855 |
|  Fairfax Financial Holdings Ltd., 7.75%, 07/15/2037 | 947000 | 1119730 |
|  FS KKR Capital Corp., 6.88%, 08/15/2029 | 950000 | 965976 |
|  Icahn Enterprises LP / Icahn Enterprises Finance Corp., 4.38%, 02/01/2029 | 750000 | 653896 |
|  Jackson Financial, Inc., 3.13%, 11/23/2031 | 1100000 | 1003209 |
|  |  | 11305228 |
| **Health Care - 2.2%** | **Health Care - 2.2%** | **Health Care - 2.2%** |
|  Bristol-Myers Squibb Co., 5.88%, 11/15/2036 | 797000 | 868368 |
|  Cigna Group, 4.50%, 09/15/2030 | 839000 | 845672 |
|  Quest Diagnostics, Inc., 6.40%, 11/30/2033 | 880000 | 982390 |
|  |  | 2696430 |
| **Technology - 5.1%** | **Technology - 5.1%** | **Technology - 5.1%** |
|  Applied Materials, Inc., 5.85%, 06/15/2041 | 867000 | 934456 |
|  Broadcom, Inc., 4.90%, 07/15/2032 | 912000 | 938658 |
|  Dell International LLC / EMC Corp., 4.75%, 10/06/2032 | 858000 | 860536 |
|  Hewlett Packard Enterprise Co., 6.20%, 10/15/2035 <sup>(b)</sup> | 857000 | 931448 |
|  Kyndryl Holdings, Inc., 6.35%, 02/20/2034 <sup>(a)</sup> | 800000 | 846359 |
|  Leidos Holdings, Inc., 5.95%, 12/01/2040 | 945000 | 974191 |
|  Oracle Corp., 4.45%, 09/26/2030 | 882000 | 869445 |
|  |  | 6355093 |
| **Utilities - 3.8%** | **Utilities - 3.8%** | **Utilities - 3.8%** |
|  Ameren Corp., 5.38%, 03/15/2035 | 915000 | 943135 |
|  Berkshire Hathaway Energy Co., 6.50%, 09/15/2037 | 858000 | 961631 |
|  DTE Electric Co., 5.25%, 05/15/2035 | 842000 | 872473 |
|  National Rural Utilities Cooperative Finance Corp., 8.00%, 03/01/2032 | 805000 | 956297 |
|  Potomac Electric Power Co., 7.90%, 12/15/2038 | 780000 | 1009362 |
|  |  | 4742898 |
| **TOTAL CORPORATE BONDS** (Cost $31,502,135) | **TOTAL CORPORATE BONDS** (Cost $31,502,135) | 32233892 |
| **MORTGAGE-BACKED SECURITIES - 22.7%** | **Par** | **Value**  |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Pool C91859, 3.50%, 12/01/2035 | 156333 | 153014 |
| &nbsp;&nbsp; Pool RQ0073, 4.00%, 12/01/2055 | 1250000 | 1191274 |
| &nbsp;&nbsp; Pool SB8257, 5.50%, 09/01/2038 | 646689 | 662864 |
| &nbsp;&nbsp; Pool SD3148, 5.00%, 06/01/2053 | 938840 | 950564 |
| &nbsp;&nbsp; Pool SD3386, 5.50%, 07/01/2053 | 1275104 | 1298313 |
| &nbsp;&nbsp; Pool SD8255, 3.50%, 10/01/2052 | 2033389 | 1885020 |
| &nbsp;&nbsp; Pool SD8489, 4.50%, 12/01/2054 | 2104477 | 2061788 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; Pool CA2472, 4.00%, 10/01/2048 | 914112 | 884003 |
| &nbsp;&nbsp; Pool CB4024, 4.50%, 07/01/2052 | 1078006 | 1073380 |
| &nbsp;&nbsp; Pool FA0095, 6.00%, 12/01/2054 | 1191502 | 1230321 |
| &nbsp;&nbsp; Pool FM5329, 2.00%, 01/01/2031 | 296541 | 285478 |
| &nbsp;&nbsp; Pool FS0862, 2.50%, 12/01/2036 | 627531 | 599810 |
| &nbsp;&nbsp; Pool FS3430, 4.00%, 11/01/2052 | 839392 | 816213 |
| &nbsp;&nbsp; Pool FS4239, 5.00%, 03/01/2053 | 1053480 | 1065359 |
| &nbsp;&nbsp; Pool FS4522, 5.00%, 05/01/2053 | 1294585 | 1299464 |
| &nbsp;&nbsp; Pool FS5649, 5.50%, 08/01/2053 | 355071 | 360452 |
| &nbsp;&nbsp; Pool FS5779, 5.50%, 09/01/2053 | 974201 | 992192 |
| &nbsp;&nbsp; Pool FS8469, 5.50%, 07/01/2054 | 327547 | 335484 |
| &nbsp;&nbsp; Pool MA0584, 4.50%, 10/01/2040 | 8286 | 8165 |
| &nbsp;&nbsp; Pool MA1201, 3.50%, 10/01/2032 | 58107 | 57259 |
| &nbsp;&nbsp; Pool MA2705, 3.00%, 08/01/2046 | 506809 | 463491 |
| &nbsp;&nbsp; Pool MA3210, 3.50%, 12/01/2047 | 301374 | 283068 |
| &nbsp;&nbsp; Pool MA3356, 3.50%, 05/01/2048 | 1438973 | 1354617 |
| &nbsp;&nbsp; Pool MA4626, 4.00%, 06/01/2052 | 1930522 | 1851270 |
| &nbsp;&nbsp; Pool MA4700, 4.00%, 08/01/2052 | 1046739 | 1003767 |
| &nbsp;&nbsp; Pool MA4733, 4.50%, 09/01/2052 | 447555 | 440419 |
| &nbsp;&nbsp; Pool MA4803, 3.50%, 11/01/2052 | 1531460 | 1419487 |
| &nbsp;&nbsp; Pool MA5071, 5.00%, 07/01/2053 | 1202484 | 1205882 |
| &nbsp;&nbsp; Pool MA5271, 5.50%, 02/01/2054 | 1218361 | 1236750 |
| &nbsp;&nbsp; Pool MA5495, 4.50%, 10/01/2054 | 1715534 | 1680735 |
| **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $27,752,308) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $27,752,308) | 28149903 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 12.7%** | **Par** | **Value**  |
|  Banc of America Mortgage Securities, Inc., Series 2003-J, Class 2A1, 5.15%, 11/25/2033 <sup>(d)</sup> | 189026 | 167146 |
|  CHI Commercial Mortgage Trust, Series 2025-110W, Class A, 5.10%, 12/13/2037 <sup>(c)(d)</sup> | 905000 | 910156 |
|  Credit Suisse Mortgage Capital Certificates, Series 2013-IVR1, Class A2, 3.00%, 03/25/2043 <sup>(c)(d)</sup> | 281953 | 261264 |
|  Fannie Mae Whole Loan, Series 2004-W3, Class A7, 5.50%, 05/25/2034 | 227957 | 234874 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Series 2569, Class LD, 5.50%, 02/15/2033 | 21915 | 22643 |
| &nbsp;&nbsp; Series 3622, Class WA, 5.50%, 09/15/2039 | 97391 | 99750 |
| &nbsp;&nbsp; Series 3793, Class UA, 4.00%, 06/15/2033 | 19663 | 19651 |
| &nbsp;&nbsp; Series 3940, Class PD, 2.50%, 02/15/2041 | 43511 | 42855 |
| &nbsp;&nbsp; Series 4077, Class AP, 4.00%, 01/15/2042 | 20569 | 20411 |
| &nbsp;&nbsp; Series 4183, Class PA, 3.50%, 01/15/2043 | 3101 | 3095 |
| &nbsp;&nbsp; Series 4753, Class JA, 3.00%, 12/15/2047 | 835836 | 774072 |
| &nbsp;&nbsp; Series 4760, Class A, 3.00%, 02/15/2048 | 478641 | 461938 |
| &nbsp;&nbsp; Series 4960, Class PD, 2.00%, 10/25/2049 | 565997 | 488910 |
| &nbsp;&nbsp; Series 5145, Class AB, 1.50%, 09/25/2049 | 1037428 | 843951 |
| &nbsp;&nbsp; Series 5206, Class DV, 3.50%, 06/25/2033 | 857507 | 832954 |
| &nbsp;&nbsp; Series 5227, Class JQ, 4.00%, 04/25/2047 | 785037 | 771974 |
| &nbsp;&nbsp; Series 5252, Class BA, 4.00%, 02/25/2050 | 816691 | 811326 |
| &nbsp;&nbsp; Series 5569, Class BA, 5.00%, 07/25/2052 | 1058390 | 1060901 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; Series 2005-80, Class BA, 5.00%, 04/25/2029 | 17742 | 18284 |
| &nbsp;&nbsp; Series 2009-96, Class DB, 4.00%, 11/25/2029 | 28170 | 28081 |
| &nbsp;&nbsp; Series 2013-13, Class MA, 4.00%, 01/25/2043 | 184488 | 182792 |
| &nbsp;&nbsp; Series 2016-24, Class HA, 3.00%, 04/25/2044 | 32270 | 31842 |
| &nbsp;&nbsp; Series 2016-49, Class LA, 3.50%, 01/25/2043 | 44170 | 43914 |
| &nbsp;&nbsp; Series 2016-89, Class CG, 3.00%, 04/25/2046 | 84881 | 80500 |
| &nbsp;&nbsp; Series 2017-105, Class N, 3.00%, 01/25/2048 | 926750 | 841606 |
| &nbsp;&nbsp; Series 2017-22, Class EC, 3.00%, 06/25/2044 | 54379 | 53618 |
| &nbsp;&nbsp; Series 2018-45, Class AB, 3.00%, 06/25/2048 | 171537 | 157805 |
| &nbsp;&nbsp; Series 2019-33, Class N, 3.00%, 03/25/2048 | 195059 | 186757 |
| &nbsp;&nbsp; Series 2022-22, Class EV, 4.00%, 07/25/2033 | 617175 | 610289 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |
| &nbsp;&nbsp; Series 2020-133, Class HA, 3.50%, 09/20/2050 | 188608 | 174227 |
| &nbsp;&nbsp; Series 2020-134, Class NP, 2.50%, 09/20/2050 | 779348 | 664947 |
| &nbsp;&nbsp; Series 2020-84, Class WA, 3.50%, 06/20/2050 | 133176 | 123171 |
|  GS Mortgage-Backed Securities Trust, Series 2021-PJ1, Class A4, 2.50%, 06/25/2051 <sup>(c)(d)</sup> | 539331 | 450980 |
|  Harborview Mortgage Loan Trust, Series 2004-4, Class 2A, 4.63% (1 mo. Term SOFR + 0.67%), 06/19/2034 | 50576 | 47053 |
| JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust |
| &nbsp;&nbsp; Series 2013-3, Class A3, 3.35%, 07/25/2043 <sup>(c)(d)</sup> | 38344 | 36465 |
| &nbsp;&nbsp; Series 2017-2, Class A3, 3.50%, 05/25/2047 <sup>(c)(d)</sup> | 89213 | 82142 |
|  Provident Funding Mortgage Trust, Series 2025-1, Class A3, 5.50%, 02/25/2055 <sup>(c)(d)</sup> | 1136390 | 1143687 |
|  RCKT Mortgage Trust, Series 2022-1, Class A5, 2.50%, 01/25/2052 <sup>(c)(d)</sup> | 1138145 | 1025283 |
|  Rithm Capital Corp., Series 2015-2A, Class A2, 3.75%, 08/25/2055 <sup>(c)(d)</sup> | 126738 | 123818 |
|  Sequoia Mortgage Trust, Series 2025-S2, Class A1, 4.00%, 11/25/2055 <sup>(c)(d)</sup> | 1015000 | 953320 |
|  Wells Fargo Mortgage Backed Securities Trust, Series 2021-RR1, Class A3, 2.50%, 12/25/2050 <sup>(c)(d)</sup> | 876253 | 800806 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $16,423,497) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $16,423,497) | 15689258 |
| **ASSET-BACKED SECURITIES - 6.2%** | **Par** | **Value**  |
|  American Airlines Group, Inc., Series AA, 3.15%, 02/15/2032 | 896603 | 843699 |
|  Avis Budget Car Rental LLC, Series 2023-8A, Class A, 6.02%, 02/20/2030 <sup>(c)</sup> | 1000000 | 1050494 |
|  DB Master Finance Parent LLC, Series 2025-1A, Class A2II, 5.17%, 08/20/2055 <sup>(c)</sup> | 925000 | 934962 |
|  Domino's SPV Guarantor LLC, Series 2021-1A, Class A2I, 2.66%, 04/25/2051 <sup>(c)</sup> | 636988 | 607567 |
|  Flagship Credit Auto Trust, Series 2020-4, Class D, 2.18%, 02/16/2027 <sup>(c)</sup> | 128413 | 128086 |
|  QTS Issuer ABS I LLC, Series 2025-1A, Class A2, 5.44%, 05/25/2055 <sup>(c)</sup> | 1005000 | 1016898 |
| SBA Depositor LLC | SBA Depositor LLC | SBA Depositor LLC |
| &nbsp;&nbsp; Series 2020-1-2, 2.33%, 01/15/2028 <sup>(c)</sup> | 10000 | 9599 |
| &nbsp;&nbsp; Series 2021-3, 2.59%, 10/15/2031 <sup>(c)</sup> | 950000 | 846003 |
|  Taco Bell Corp., Series 2025-1A, Class A2II, 5.05%, 08/25/2055 <sup>(c)</sup> | 855000 | 859798 |
|  Union Pacific Railroad Co., 6.18%, 01/02/2031 | 464174 | 493201 |
|  Westlake Automobile Receivables Trust, Series 2025-P1, Class A3, 4.58%, 06/15/2029 <sup>(c)</sup> | 933000 | 939688 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $7,662,862) | **TOTAL ASSET-BACKED SECURITIES** (Cost $7,662,862) | 7729995 |
| **U.S. GOVERNMENT AGENCY ISSUES - 1.5%** | **Par** | **Value**  |
|  Federal Farm Credit Banks Funding Corp, 2.40%, 03/24/2036 | 900000 | 754761 |
|  Tennessee Valley Authority, 4.65%, 06/15/2035 | 1100000 | 1144684 |
| **TOTAL U.S. GOVERNMENT AGENCY ISSUES** (Cost $1,896,133) | **TOTAL U.S. GOVERNMENT AGENCY ISSUES** (Cost $1,896,133) | 1899445 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 1.4%** | **Shares** | **Value**  |
| Invesco Treasury Portfolio - Institutional Class, 3.85% <sup>(e)</sup> | 1677460 | 1677460 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,677,460) | **TOTAL MONEY MARKET FUNDS** (Cost $1,677,460) | 1677460 |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 0.3%** | **Units** | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.09% <sup>(e)</sup> | 419900 | 419900 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $419,900) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $419,900) | 419900 |
| **TOTAL INVESTMENTS - 100.3% (**Cost $124,487,575**)** | **TOTAL INVESTMENTS - 100.3% (**Cost $124,487,575**)** | 124451894 |
| Liabilities in Excess of Other Assets - (0.3)% | Liabilities in Excess of Other Assets - (0.3)% | (405491) |
| **TOTAL NET ASSETS - 100.0%** |  | $124046403 |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

LLC - Limited Liability Company <br> LP - Limited Partnership <br> SOFR - Secured Overnight Financing Rate

(a) All or a portion of this security is on loan as of November 30, 2025. The fair value of these securities was $410,546.

(b) Step coupon bond. The rate disclosed is as of November 30, 2025.

(c) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of November 30, 2025, the value of these securities total $13,993,440 or 11.3% of the Fund's net assets.

(d) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral
 increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of November 30, 2025.

(e) The rate shown represents the 7-day annualized yield as of November 30, 2025.

------

#### <br>

#### Summary of Fair Value Disclosure as of August 31, 2025
Oakhurst Fixed Income Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

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

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of August 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | $– | $36652041 | $– | $36652041 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 32233892 | – | 32233892 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 28149903 | – | 28149903 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 15689258 | – | 15689258 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 7729995 | – | 7729995 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Agency Issues | – | 1899445 | – | 1899445 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1677460 | – | – | 1677460 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 419900 |
| Total Investments | $1677460 | $122354534 | $– | $124451894 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair
 value amount of $419,900 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBB Fund, Inc.

- **b. Investment Company Act file number:** 811-05518

- **c. CIK number of Registrant:** 0000831114

- **d. LEI of Registrant:** 5493005KKD0GVHSW0D29

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 262-378-6278

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

- **a. Name of Series:** Oakhurst Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000080834

- **c. LEI of Series:** 549300MOBWJ115DX4054

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $125491717.25

**Total Liabilities:** $1418618.95

**Net Assets:** $124073098.30

**Delayed Delivery Securities:** $906823.64

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 980.751584000000 | **1-Year:** 1503.373495000000 | **5-Year:** 20272.222910000000 | **10-Year:** 30498.097726000000 | **30-Year:** 17648.892861000000

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

- **3-Month:** 79.026867000000 | **1-Year:** 106.921213000000 | **5-Year:** 77.019767000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243398 | 0.90%                | 0.41%                | 0.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-38155.18               | $680483.72                                 |
| Month 2  | $-10500.69               | $151484.50                                 |
| Month 3  | $0.00                    | $596313.73                                 |

**Designated Index Information**

- **Index Name:** N/A

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| AT&T INC                                  | AT&T Inc                                                  | CUSIP: 00206RGT3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    750000 | PA      | $840288.59    | 0.68%             | 2031-12-15      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| APPLIED MATERIALS INC                     | Applied Materials Inc                                     | CUSIP: 038222AG0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    867000 | PA      | $934456.28    | 0.75%             | 2041-06-15      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| AUTOZONE INC                              | AutoZone Inc                                              | CUSIP: 053332BB7<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    850000 | PA      | $860751.51    | 0.69%             | 2032-08-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| AVIATION CAPITAL GROUP                    | Aviation Capital Group LLC                                | CUSIP: 05366DAA6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    900000 | PA      | $964584.78    | 0.78%             | 2030-07-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                  | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1075000 | PA      | $996083.01    | 0.80%             | 2032-01-30      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| AMEREN CORP                               | Ameren Corp                                               | CUSIP: 023608AR3<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    915000 | PA      | $943134.92    | 0.76%             | 2035-03-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| AMER AIRLINE 19-1AA PTT                   | American Airlines 2019-1 Class AA Pass Through Trust      | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    896603 | PA      | $843699.39    | 0.68%             | 2032-02-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| AMERICAN HOMES 4 RENT                     | American Homes 4 Rent LP                                  | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    970000 | PA      | $1005886.08   | 0.81%             | 2034-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ANTARES HOLDINGS                          | Antares Holdings LP                                       | CUSIP: 03666HAF8<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    800000 | PA      | $847838.98    | 0.68%             | 2028-08-11      | Fixed         | 7.95%                 | No            | 2                  | On Loan: No      |
| Avis Budget Rental Car Funding            | Avis Budget Rental Car Funding AESOP LLC                  | CUSIP: 05377RHM9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1050494.30   | 0.85%             | 2030-02-20      | Fixed         | 6.02%                 | No            | 2                  | On Loan: No      |
| BAT CAPITAL CORP                          | BAT Capital Corp                                          | CUSIP: 054989AD0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    467000 | PA      | $534695.43    | 0.43%             | 2053-08-02      | Fixed         | 7.08%                 | No            | 2                  | On Loan: No      |
| Banc of America Mortgage Secur            | Banc of America Mortgage 2003-J Trust                     | CUSIP: 05948XYC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189026 | PA      | $167145.78    | 0.13%             | 2033-11-25      | Variable      | 5.15%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORP                      | Bank of America Corp                                      | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    905000 | PA      | $943242.64    | 0.76%             | 2034-04-25      | Variable      | 5.29%                 | No            | 2                  | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                   | Bristol-Myers Squibb Co                                   | CUSIP: 110122AP3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    797000 | PA      | $868367.55    | 0.70%             | 2036-11-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| FS KKR CAPITAL CORP                       | FS KKR Capital Corp                                       | CUSIP: 302635AN7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    950000 | PA      | $965976.26    | 0.78%             | 2029-08-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137FDWS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    835836 | PA      | $774071.56    | 0.62%             | 2047-12-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137FE7L8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    478641 | PA      | $461938.30    | 0.37%             | 2048-02-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137FRHP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    565997 | PA      | $488910.03    | 0.39%             | 2049-10-25      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137H23U6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1037428 | PA      | $843950.54    | 0.68%             | 2049-09-25      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137H6PE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    857507 | PA      | $832954.26    | 0.67%             | 2033-06-25      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137H7CH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    785037 | PA      | $771974.46    | 0.62%             | 2047-04-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137H8X71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    816691 | PA      | $811325.81    | 0.65%             | 2050-02-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137HMM72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1058390 | PA      | $1060901.13   | 0.86%             | 2052-07-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 31393KDS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21915 | PA      | $22642.56     | 0.02%             | 2033-02-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 31398LXT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     97391 | PA      | $99749.77     | 0.08%             | 2039-09-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A            | Government National Mortgage Association                  | CUSIP: 38382FP24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    133176 | PA      | $123170.83    | 0.10%             | 2050-06-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A            | Government National Mortgage Association                  | CUSIP: 38382JD78<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    188608 | PA      | $174226.65    | 0.14%             | 2050-09-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                  | Berkshire Hathaway Energy Co                              | CUSIP: 59562VAR8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    858000 | PA      | $961630.66    | 0.78%             | 2037-09-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management               | RCKT Mortgage Trust 2022-1                                | CUSIP: 74938FAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1138145 | PA      | $1025282.51   | 0.83%             | 2052-01-25      | Variable      | 2.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2183000 | PA      | $2257401.07   | 1.82%             | 2034-05-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    971000 | PA      | $967775.98    | 0.78%             | 2031-09-30      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    736000 | PA      | $752689.37    | 0.61%             | 2034-11-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1684000 | PA      | $1769055.15   | 1.43%             | 2035-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2906000 | PA      | $2947433.20   | 2.38%             | 2032-06-30      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2912000 | PA      | $2947262.51   | 2.38%             | 2030-07-31      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Mortgage Backed Se            | Wells Fargo Mortgage Backed Securities 2021-RR1 Trust     | CUSIP: 95003JAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    876253 | PA      | $800806.48    | 0.65%             | 2050-12-25      | Variable      | 2.50%                 | No            | 2                  | On Loan: No      |
| Westlake Automobile Receivable            | Westlake Automobile Receivables Trust 2025-P1             | CUSIP: 96043LAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    933000 | PA      | $939687.93    | 0.76%             | 2029-06-15      | Fixed         | 4.58%                 | No            | 2                  | On Loan: No      |
| HP ENTERPRISE CO                          | Hewlett Packard Enterprise Co                             | CUSIP: 42824CAX7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    857000 | PA      | $931447.46    | 0.75%             | 2035-10-15      | Fixed         | 6.20%                 | No            | 2                  | On Loan: No      |
| ICAHN ENTERPRISES/FIN                     | Icahn Enterprises LP / Icahn Enterprises Finance Corp     | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $653896.13    | 0.53%             | 2029-02-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                  | JP Morgan Mortgage Trust 2013-3                           | CUSIP: 46640MAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     38344 | PA      | $36464.72     | 0.03%             | 2043-07-25      | Variable      | 3.35%                 | No            | 2                  | On Loan: No      |
| JACKSON FINANCIAL INC                     | Jackson Financial Inc                                     | CUSIP: 46817MAL1<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1003208.67   | 0.81%             | 2031-11-23      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Invesco Treasury Portfolio                | Invesco Treasury Portfolio                                | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   1677460 | NS      | $1677460.24   | 1.35%             |  |  |  | No            | 1                  | On Loan: No      |
| FEDERAL FARM CREDIT BANK                  | Federal Farm Credit Banks Funding Corp                    | CUSIP: 3133EMUA8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    900000 | PA      | $754761.42    | 0.61%             | 2036-03-24      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137A5FA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19663 | PA      | $19650.92     | 0.02%             | 2033-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137AGYZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     43511 | PA      | $42854.49     | 0.03%             | 2041-02-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137ASAE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20569 | PA      | $20410.86     | 0.02%             | 2042-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac REMICS                                        | CUSIP: 3137B0AH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3101 | PA      | $3094.53      | 0.00%             | 2043-01-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| FannieMae Whole Loan                      | Fannie Mae REMIC Trust 2004-W3                            | CUSIP: 31393XVJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    227957 | PA      | $234874.03    | 0.19%             | 2034-05-25      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31417YUJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8286 | PA      | $8165.11      | 0.01%             | 2040-10-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418AKP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58107 | PA      | $57258.79     | 0.05%             | 2032-10-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418CAF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    506809 | PA      | $463490.91    | 0.37%             | 2046-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418CR89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    301374 | PA      | $283067.96    | 0.23%             | 2047-12-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac Pool                                          | CUSIP: 3142J6CK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1191273.74   | 0.96%             | 2055-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Flagship Credit Auto Trust                | Flagship Credit Auto Trust 2020-4                         | CUSIP: 33845XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    128413 | PA      | $128085.60    | 0.10%             | 2027-02-16      | Fixed         | 2.18%                 | No            | 2                  | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                  | Fortune Brands Innovations Inc                            | CUSIP: 34964CAH9<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    900000 | PA      | $955457.83    | 0.77%             | 2033-06-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: —       |
| QTS ISSUER ABS I LLC                      | QTS Issuer ABS I LLC                                      | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1005000 | PA      | $1016898.20   | 0.82%             | 2055-05-25      | Fixed         | 5.44%                 | No            | 2                  | On Loan: No      |
| QUEST DIAGNOSTICS INC                     | Quest Diagnostics Inc                                     | CUSIP: 74834LBD1<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    880000 | PA      | $982390.01    | 0.79%             | 2033-11-30      | Fixed         | 6.40%                 | No            | 2                  | On Loan: No      |
| SBA TOWER TRUST                           | SBA Tower Trust                                           | CUSIP: 78403DAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9599.24      | 0.01%             | 2028-01-15      | Fixed         | 2.33%                 | No            | 2                  | On Loan: No      |
| SBA TOWER TRUST                           | SBA Tower Trust                                           | CUSIP: 78403DAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $846002.84    | 0.68%             | 2031-10-15      | Fixed         | 2.59%                 | No            | 2                  | On Loan: No      |
| Sequoia Mortgage Trust                    | Sequoia Mortgage Trust 2025-S2                            | CUSIP: 81748UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1015000 | PA      | $953320.38    | 0.77%             | 2055-11-25      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Taco Bell Funding, LLC                    | Taco Bell Funding LLC                                     | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    855000 | PA      | $859798.43    | 0.69%             | 2055-08-25      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                     | Tennessee Valley Authority                                | CUSIP: 880591DX7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   1100000 | PA      | $1144684.04   | 0.92%             | 2035-06-15      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| UNION PACIFIC RR CO 07-3                  | Union Pacific Railroad Co 2007-3 Pass Through Trust       | CUSIP: 90783XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    464174 | PA      | $493200.84    | 0.40%             | 2031-01-02      | Fixed         | 6.18%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3430000 | PA      | $2816217.59   | 2.27%             | 2042-05-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3573000 | PA      | $2590564.56   | 2.09%             | 2045-02-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1828000 | PA      | $1718320.00   | 1.38%             | 2032-08-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3673000 | PA      | $3749114.33   | 3.02%             | 2032-11-15      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3504000 | PA      | $3435973.13   | 2.77%             | 2033-02-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3903000 | PA      | $3911309.14   | 3.15%             | 2033-08-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3669000 | PA      | $3830020.38   | 3.09%             | 2033-11-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                           | United States Treasury Note/Bond                          | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2935000 | PA      | $2958904.20   | 2.38%             | 2034-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Credit Suisse Mortgage Trust              | CSMC Trust 2013-IVR1                                      | CUSIP: 12646UAK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    281953 | PA      | $261264.21    | 0.21%             | 2043-03-25      | Variable      | 3.00%                 | No            | 2                  | On Loan: No      |
| CROWN CASTLE INC                          | Crown Castle Inc                                          | CUSIP: 22822VBC4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    968000 | PA      | $982855.25    | 0.79%             | 2033-05-01      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| DB Master Finance LLC                     | DB Master Finance LLC                                     | CUSIP: 233046AW1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    925000 | PA      | $934961.51    | 0.75%             | 2055-08-20      | Fixed         | 5.17%                 | No            | 2                  | On Loan: No      |
| DTE ELECTRIC CO                           | DTE Electric Co                                           | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    842000 | PA      | $872472.79    | 0.70%             | 2035-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| DELL INT LLC / EMC CORP                   | Dell International LLC / EMC Corp                         | CUSIP: 24703DBT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    858000 | PA      | $860535.97    | 0.69%             | 2032-10-06      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| DIAMONDBACK ENERGY INC                    | Diamondback Energy Inc                                    | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    834000 | PA      | $857592.33    | 0.69%             | 2034-04-18      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Dominos Pizza Master Issuer LL            | Domino's Pizza Master Issuer LLC                          | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    636988 | PA      | $607566.64    | 0.49%             | 2051-04-25      | Fixed         | 2.66%                 | No            | 2                  | On Loan: No      |
| EL PASO NATURAL GAS                       | El Paso Natural Gas Co LLC                                | CUSIP: 283695BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    823000 | PA      | $991135.30    | 0.80%             | 2032-06-15      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| ENBRIDGE INC                              | Enbridge Inc                                              | CUSIP: 29250NBR5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    904000 | PA      | $957762.70    | 0.77%             | 2033-03-08      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| FAIRFAX FINANCIAL HLDGS                   | Fairfax Financial Holdings Ltd                            | CUSIP: 303901AE2<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    947000 | PA      | $1119729.44   | 0.90%             | 2037-07-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140Q9XA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    914112 | PA      | $884003.40    | 0.71%             | 2048-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140QPPJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1078006 | PA      | $1073379.69   | 0.87%             | 2052-07-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140W0C94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1191502 | PA      | $1230320.98   | 0.99%             | 2054-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140X84P9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    296541 | PA      | $285477.99    | 0.23%             | 2031-01-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XF5Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    627530 | PA      | $599810.24    | 0.48%             | 2036-12-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XJY49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    839392 | PA      | $816212.97    | 0.66%             | 2052-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XKV98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1053480 | PA      | $1065358.55   | 0.86%             | 2053-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XLAY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1294585 | PA      | $1299464.02   | 1.05%             | 2053-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XMH33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355071 | PA      | $360452.35    | 0.29%             | 2053-08-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XMM52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    974201 | PA      | $992191.93    | 0.80%             | 2053-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 3140XQMT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    327547 | PA      | $335484.43    | 0.27%             | 2054-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| BROADCOM INC                              | Broadcom Inc                                              | CUSIP: 11135FCL3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    912000 | PA      | $938657.61    | 0.76%             | 2032-07-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| CBRE SERVICES INC                         | CBRE Services Inc                                         | CUSIP: 12505BAL4<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    953000 | PA      | $965277.05    | 0.78%             | 2033-01-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| CIGNA GROUP/THE                           | Cigna Group/The                                           | CUSIP: 125523CX6<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    839000 | PA      | $845672.27    | 0.68%             | 2030-09-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| CHI Commercial Mortgage Trust             | CHI Commercial Mortgage Trust 2025-110W                   | CUSIP: 12577HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    905000 | PA      | $910156.33    | 0.73%             | 2037-12-13      | Variable      | 5.10%                 | No            | 2                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                  | Capital One Financial Corp                                | CUSIP: 14040HDM4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    857000 | PA      | $856649.41    | 0.69%             | 2031-09-11      | Variable      | 4.49%                 | No            | 2                  | On Loan: No      |
| META PLATFORMS INC                        | Meta Platforms Inc                                        | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299455.38    | 0.24%             | 2055-11-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                  | JP Morgan Mortgage Trust 2017-2                           | CUSIP: 46648HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     89213 | PA      | $82142.00     | 0.07%             | 2047-05-25      | Variable      | 3.50%                 | No            | 2                  | On Loan: No      |
| KYNDRYL HOLDINGS INC                      | Kyndryl Holdings Inc                                      | CUSIP: 50155QAN0<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    800000 | PA      | $846359.25    | 0.68%             | 2034-02-20      | Fixed         | 6.35%                 | No            | 2                  | On Loan: —       |
| MARRIOTT INTERNATIONAL                    | Marriott International Inc/MD                             | CUSIP: 571903BT9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    810000 | PA      | $837104.80    | 0.67%             | 2032-04-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| NATIONAL RURAL UTIL COOP                  | National Rural Utilities Cooperative Finance Corp         | CUSIP: 637432CT0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    805000 | PA      | $956297.35    | 0.77%             | 2032-03-01      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan             | New Residential Mortgage Loan Trust 2015-2                | CUSIP: 64829EAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    126738 | PA      | $123818.34    | 0.10%             | 2055-08-25      | Variable      | 3.75%                 | No            | 2                  | On Loan: No      |
| ORACLE CORP                               | Oracle Corp                                               | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    882000 | PA      | $869445.00    | 0.70%             | 2030-09-26      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| POTOMAC ELECTRIC POWER                    | Potomac Electric Power Co                                 | CUSIP: 737679DC1<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |    780000 | PA      | $1009362.08   | 0.81%             | 2038-12-15      | Fixed         | 7.90%                 | No            | 2                  | On Loan: No      |
| Provident Funding Mortgage Tru            | Provident Funding Mortgage Trust 2025-1                   | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1136390 | PA      | $1143686.53   | 0.92%             | 2055-02-25      | Variable      | 5.50%                 | No            | 2                  | On Loan: No      |
| LEIDOS HOLDINGS INC                       | Leidos Holdings Inc                                       | CUSIP: 78390XAC5<br>LEI: 549300IUTGTP6EJP8124 | Long             | DBT              | CORP              | US        |    945000 | PA      | $974191.05    | 0.79%             | 2040-12-01      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |    419900 | NS      | $419900.00    | 0.34%             |  |  |  | No            | N/A                | On Loan: No      |
| Freddie Mac                               | Freddie Mac Gold Pool                                     | CUSIP: 3128P8B42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    156333 | PA      | $153013.58    | 0.12%             | 2035-12-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac Pool                                          | CUSIP: 3132D6E63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    646689 | PA      | $662863.81    | 0.53%             | 2038-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac Pool                                          | CUSIP: 3132DQP91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    938840 | PA      | $950564.32    | 0.77%             | 2053-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac Pool                                          | CUSIP: 3132DQXP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1275104 | PA      | $1298313.21   | 1.05%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac Pool                                          | CUSIP: 3132DWE41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2033389 | PA      | $1885019.57   | 1.52%             | 2052-10-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                               | Freddie Mac Pool                                          | CUSIP: 3132DWNE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2104477 | PA      | $2061787.80   | 1.66%             | 2054-12-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136ACF97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    184488 | PA      | $182792.02    | 0.15%             | 2043-01-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136ASGQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32270 | PA      | $31842.47     | 0.03%             | 2044-04-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136ATKP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44170 | PA      | $43914.30     | 0.04%             | 2043-01-25      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136AUPN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84881 | PA      | $80500.23     | 0.06%             | 2046-04-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136AVX46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     54379 | PA      | $53617.56     | 0.04%             | 2044-06-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136B0NG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    926750 | PA      | $841606.20    | 0.68%             | 2048-01-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136B2EF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171537 | PA      | $157804.48    | 0.13%             | 2048-06-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136B45G9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195059 | PA      | $186756.69    | 0.15%             | 2048-03-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 3136BMZK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    617175 | PA      | $610289.13    | 0.49%             | 2033-07-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 31394FQK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17742 | PA      | $18284.40     | 0.01%             | 2029-04-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae REMICS                                         | CUSIP: 31398FXL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28170 | PA      | $28081.47     | 0.02%             | 2029-11-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418CWS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1438972 | PA      | $1354616.97   | 1.09%             | 2048-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418E2D1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1218361 | PA      | $1236749.61   | 1.00%             | 2054-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1930522 | PA      | $1851270.21   | 1.49%             | 2052-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418EGJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1046739 | PA      | $1003767.15   | 0.81%             | 2052-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    447555 | PA      | $440418.94    | 0.35%             | 2052-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418EKR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1531460 | PA      | $1419487.27   | 1.14%             | 2052-11-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418ET59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1202484 | PA      | $1205882.20   | 0.97%             | 2053-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                | Fannie Mae Pool                                           | CUSIP: 31418FC96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1715534 | PA      | $1680734.95   | 1.35%             | 2054-10-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| GS Mortgage-Backed Securities             | GS Mortgage-Backed Securities Corp Trust 2021-PJ1         | CUSIP: 36261MAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    539331 | PA      | $450980.40    | 0.36%             | 2051-06-25      | Variable      | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A            | Government National Mortgage Association                  | CUSIP: 38382JJH0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    779348 | PA      | $664947.35    | 0.54%             | 2050-09-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| HarborView Mortgage Loan Trust            | HarborView Mortgage Loan Trust 2004-4                     | CUSIP: 41161PDW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50576 | PA      | $47053.40     | 0.04%             | 2034-06-19      | Floating      | 4.63%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-26

**Name of Applicant:** RBB Fund, Inc.

**Signature:** /s/ James G. Shaw

**Name of Signer:** RBB Fund, Inc.

**Title:** CFO COO Secretary