# EDGAR Filing Document

**Accession Number:** 0001559991
**File Stem:** 0001752724-23-010036
**Filing Date:** 2023-1
**Character Count:** 82985
**Document Hash:** 2519471522d873b63c27dd7cae54d425
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-010036.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001752724-23-010036

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Flaherty & Crumrine Dynamic Preferred & Income Fund Inc
- **CENTRAL INDEX KEY:** 0001559991
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22762
- **FILM NUMBER:** 23549021

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** 626-795-7300

**MAIL ADDRESS:**
- **STREET 1:** 301 E. COLORADO BOULEVARD, SUITE 800
- **STREET 2:** C/O FLAHERTY & CRUMRINE INC
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Flaherty & Crumrine Preferred & Income Allocation Fund Inc
- **DATE OF NAME CHANGE:** 20121019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Flaherty & Crumrine Global Preferred & Income Securities Fund Inc
- **DATE OF NAME CHANGE:** 20121010

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Flaherty & Crumrine Dynamic Preferred & Income Fund Inc

- **b. Investment Company Act file number:** 811-22762

- **c. CIK number of Registrant:** 0001559991

- **d. LEI of Registrant:** 254900BPH613QBWQO237

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

  - **Street Address 1:** 301 East Colorado Boulevard

  - **City:** Pasadena

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 91101

  - **Telephone number:** 626-795-7300

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

- **a. Name of Series:** Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated

- **c. LEI of Series:** 254900BPH613QBWQO237

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

- **a. Date of fiscal year-end:** 2022-11-30

- **b. Date as of which information is reported:** 2022-11-30

**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:** $706441130.50

**Total Liabilities:** $277993543.93

**Net Assets:** $428447586.57

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 22372.00000000 | **1-Year:** 73435.00000000 | **5-Year:** 82510.00000000 | **10-Year:** 83602.00000000 | **30-Year:** 31109.00000000

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

- **3-Month:** 11393.00000000 | **1-Year:** 43597.00000000 | **5-Year:** 53602.00000000 | **10-Year:** 61716.00000000 | **30-Year:** 25231.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -11.07%              | -1.43%               | 6.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-51868.54               | $-27931693.14                              |
| Month 2  | $-283188.67              | $-10508621.07                              |
| Month 3  | $-281769.65              | $16316308.47                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NORTHPOINTE BANCSHARES I         | Northpointe Bancshares Inc                               | CUSIP: 66661N308<br>LEI: 549300EYMKMD4WKEKP72 | Long             | EP               | CORP              | US        |    157000 | NS      | $3803325.00   | 0.89%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AMER AGCREDIT ACA                | American AgCredit Corp                                   | CUSIP: 02369GAA3<br>LEI: 0002558989           | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1323312.50   | 0.31%             | N/A             | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP           | Regions Financial Corp                                   | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    284219 | NS      | $6576827.66   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                         | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $1852734.38   | 0.43%             | N/A             | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES         | Texas Capital Bancshares Inc                             | CUSIP: 88224Q305<br>LEI: 549300466Q2SXRX0YM48 | Long             | EP               | CORP              | US        |     83500 | NS      | $1715925.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO         | Capital One Financial Corp                               | CUSIP: 14040H824<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |     28163 | NS      | $547207.09    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                     | CUSIP: 060505EL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9107000 | PA      | $9006174.31   | 2.10%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                      | CUSIP: 48128BAF8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4167382.50   | 0.97%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES           | PNC Financial Services Group Inc/The                     | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3204500.00   | 0.75%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC           | Equitable Holdings Inc                                   | CUSIP: 29452EAA9<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |    385000 | PA      | $364749.00    | 0.09%             | N/A             | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO           | General Motors Financial Co Inc                          | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1628906.25   | 0.38%             | N/A             | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                         | CUSIP: 949746556<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    145217 | NS      | $3371938.74   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                       | Qwest Corp                                               | CUSIP: 74913G881<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |     54050 | NS      | $1022626.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER         | Enterprise Products Operating LLC                        | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2193355.69   | 0.51%             | 2077-08-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM LP                 | DCP Midstream LP                                         | CUSIP: 23311PAA8<br>LEI: 52990024YYS3MLGW0E91 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1504050.00   | 0.35%             | N/A             | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VALLEY NATIONAL BANCORP          | Valley National Bancorp                                  | CUSIP: 919794206<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |     45126 | NS      | $1095659.28   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD CHARTERED PLC           | Standard Chartered PLC                                   | CUSIP: 853254BX7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1100000 | PA      | $799802.62    | 0.19%             | N/A             | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                     | Barclays PLC                                             | CUSIP: 06738EBG9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   5200000 | PA      | $5018000.00   | 1.17%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                     | Enbridge Inc                                             | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   3500000 | PA      | $3204388.85   | 0.75%             | 2077-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STIFEL FINANCIAL CORP            | Stifel Financial Corp                                    | CUSIP: 860630706<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |     68000 | NS      | $1710200.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                     | UBS Group AG                                             | CUSIP: 90352JAF0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   5700000 | PA      | $5628750.00   | 1.31%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                     | Enbridge Inc                                             | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    900000 | PA      | $802548.35    | 0.19%             | 2080-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                      | BNP Paribas SA                                           | CUSIP: 05565AGF4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1300000 | PA      | $1204987.00   | 0.28%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AERCAP HOLDINGS NV               | AerCap Holdings NV                                       | CUSIP: 00774YAA7<br>LEI: 549300SZYINBBLJQU475 | Long             | DBT              | CORP              | NL        |   4355000 | PA      | $4042485.20   | 0.94%             | 2079-10-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                     | Barclays PLC                                             | CUSIP: 06738EBN4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   5025000 | PA      | $4540841.25   | 1.06%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP              | NuStar Logistics LP                                      | CUSIP: 67059T204<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | EP               | CORP              | US        |    105773 | NS      | $2659133.22   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                         | CUSIP: 94988U128<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     94000 | NS      | $1749340.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS SPECIALTY FINANCE           | AXIS Specialty Finance LLC                               | CUSIP: 05463HAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2045000 | PA      | $1680846.85   | 0.39%             | 2040-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO              | American Express Co                                      | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1475375.00   | 0.34%             | N/A             | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                      | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4375000 | PA      | $3685937.50   | 0.86%             | N/A             | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC               | Enstar Finance LLC                                       | CUSIP: 29360AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1177126.74   | 0.27%             | 2040-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG           | Credit Suisse Group AG                                   | CUSIP: 225401AJ7<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   2600000 | PA      | $2020980.00   | 0.47%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                      | Vistra Corp                                              | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    450000 | PA      | $403091.41    | 0.09%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COBANK ACB                       | CoBank ACB                                               | CUSIP: 19075QAC6<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGA              | US        |    550000 | PA      | $529550.07    | 0.12%             | N/A             | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                     | ING Groep NV                                             | CUSIP: 456837AY9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1825000 | PA      | $1304283.65   | 0.30%             | N/A             | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA               | Credit Agricole SA                                       | CUSIP: 225313AP0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1130000 | PA      | $888155.89    | 0.21%             | N/A             | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC         | Liberty Mutual Group Inc                                 | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   2190000 | PA      | $1732185.34   | 0.40%             | 2051-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                            | CUSIP: 172967341<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   1107872 | NS      | $27730036.16  | 6.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MACQUARIE BANK LONDON            | Macquarie Bank Ltd/London                                | CUSIP: 556079AB7<br>LEI: 549300MPRNPO6FWNKN78 | Long             | DBT              | CORP              | AU        |   1700000 | PA      | $1436165.42   | 0.34%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD               | Athene Holding Ltd                                       | CUSIP: 000000000<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | BM        |    280000 | NS      | $6893600.00   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES           | PNC Financial Services Group Inc/The                     | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1736662.50   | 0.41%             | N/A             | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP            | Truist Financial Corp                                    | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1225360.00   | 0.29%             | N/A             | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO         | British Telecommunications PLC                           | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |   2300000 | PA      | $1860763.25   | 0.43%             | 2081-11-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP              | Fifth Third Bancorp                                      | CUSIP: 316773886<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |    148194 | NS      | $3433654.98   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO SANTANDER SA               | Banco Santander SA                                       | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  14400000 | PA      | $11203591.54  | 2.61%             | N/A             | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO           | General Motors Financial Co Inc                          | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1206673.40   | 0.28%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                 | Zions Bancorp NA                                         | CUSIP: 989701818<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EP               | CORP              | US        |     86689 | NS      | $2203634.38   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE GROUP AG           | Credit Suisse Group AG                                   | CUSIP: 225401AN8<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    650000 | PA      | $323375.00    | 0.08%             | N/A             | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION             | M&T Bank Corp                                            | CUSIP: 55261F872<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     59576 | NS      | $1363694.64   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                           | CUSIP: 61762V200<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    121675 | NS      | $3107579.50   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                 | Societe Generale SA                                      | CUSIP: 83370RAB4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2300000 | PA      | $1920776.00   | 0.45%             | N/A             | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                     | CUSIP: 060505EU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1792800.00   | 0.42%             | N/A             | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| EMERA INC                        | Emera Inc                                                | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |   6830000 | PA      | $6488500.00   | 1.51%             | 2076-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HSBC CAPITAL FUNDING USD         | HSBC Capital Funding Dollar 1 LP                         | CUSIP: 40427LAB0<br>LEI: 213800HMY2DB765NHE46 | Long             | DBT              | CORP              | JE        |   4458000 | PA      | $5394584.16   | 1.26%             | N/A             | Fixed         | 10.18%                | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC               | Enstar Finance LLC                                       | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1365443.95   | 0.32%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                     | NiSource Inc                                             | CUSIP: 65473P881<br>LEI: 549300D8GOWWH0SJB189 | Long             | EP               | CORP              | US        |     91800 | NS      | $2250936.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                            | CUSIP: 172967NB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $870750.00    | 0.20%             | N/A             | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG           | Credit Suisse Group AG                                   | CUSIP: 225401AL2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   3400000 | PA      | $2183820.00   | 0.51%             | N/A             | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC              | Dominion Energy Inc                                      | CUSIP: 25746UDM8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1516500.00   | 0.35%             | N/A             | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                     | Comerica Inc                                             | CUSIP: 200340AU1<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   2670000 | PA      | $2598177.00   | 0.61%             | N/A             | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION             | M&T Bank Corp                                            | CUSIP: 55261FAG9<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |  15425000 | PA      | $15184755.63  | 3.54%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| BANK OF HAWAII CORP              | Bank of Hawaii Corp                                      | CUSIP: 062545207<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EP               | CORP              | US        |     31500 | NS      | $565110.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT AGRICOLE SA               | Credit Agricole SA                                       | CUSIP: 225313AD7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    915000 | PA      | $910425.00    | 0.21%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AERCAP GLOBAL AVIATION T         | AerCap Global Aviation Trust                             | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |   1840000 | PA      | $1702992.02   | 0.40%             | 2045-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DIME COMMUNITY BANCSHARE         | Dime Community Bancshares Inc                            | CUSIP: 25432X201<br>LEI: 0002487650           | Long             | EP               | CORP              | US        |     91000 | NS      | $1896440.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS                      | BNP Paribas SA                                           | CUSIP: 05565AAN3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  11200000 | PA      | $11123784.00  | 2.60%             | N/A             | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC         | Prudential Financial Inc                                 | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   2510000 | PA      | $2318602.69   | 0.54%             | 2052-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SCE TRUST V                      | SCE Trust V                                              | CUSIP: 78409W201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     91458 | NS      | $1806295.50   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                | HSBC Holdings PLC                                        | CUSIP: 404280BP3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   9025000 | PA      | $8023856.75   | 1.87%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COMED FINANCING III              | ComEd Financing III                                      | CUSIP: 20035AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2545000 | PA      | $2653286.82   | 0.62%             | 2033-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| KEYCORP                          | KeyCorp                                                  | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |     86100 | NS      | $2136141.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES            | Huntington Bancshares Inc/OH                             | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2478251.14   | 0.58%             | N/A             | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC               | ALLY FINANCIAL INC                                       | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1437219.77   | 0.34%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES           | PNC Financial Services Group Inc/The                     | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    950000 | PA      | $733403.14    | 0.17%             | N/A             | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC           | Standard Chartered PLC                                   | CUSIP: 853254BH2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $3972779.80   | 0.93%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC          | Goldman Sachs Group Inc/The                              | CUSIP: 38144GAB7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    775000 | PA      | $703035.19    | 0.16%             | N/A             | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC          | Goldman Sachs Group Inc/The                              | CUSIP: 38148B108<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    439360 | NS      | $11168531.20  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINANCIAL GROUP INC          | CNO Financial Group Inc                                  | CUSIP: 12621E301<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EP               | CORP              | US        |     38900 | NS      | $704479.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIONS BANCORP NA                 | Zions Bancorp NA                                         | CUSIP: 989701BF3<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10150000.00  | 2.37%             | N/A             | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER          | American Electric Power Co Inc                           | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1053613.90   | 0.25%             | 2062-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP              | SVB Financial Group                                      | CUSIP: 78486QAG6<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |    875000 | PA      | $502605.31    | 0.12%             | N/A             | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CONNECTONE BANCORP INC           | ConnectOne Bancorp Inc                                   | CUSIP: 20786W503<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EP               | CORP              | US        |    111900 | NS      | $2420397.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                 | Societe Generale SA                                      | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3640000 | PA      | $3744650.00   | 0.87%             | N/A             | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                            | CUSIP: 172967JM4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1306962.08   | 0.31%             | N/A             | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC         | Liberty Mutual Group Inc                                 | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |  20983000 | PA      | $22999256.89  | 5.37%             | 2037-03-15      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP            | Lincoln National Corp                                    | CUSIP: 534187BR9<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1315625.00   | 0.31%             | N/A             | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| KKR REAL ESTATE FIN              | KKR Real Estate Finance Trust Inc                        | CUSIP: 48251K209<br>LEI: 549300K23AYZDZ2REL62 | Long             | EP               | CORP              | US        |    229900 | NS      | $4080725.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES            | Huntington Bancshares Inc/OH                             | CUSIP: 446150AV6<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    940000 | PA      | $834303.18    | 0.19%             | N/A             | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                      | Southern Co/The                                          | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $1750113.75   | 0.41%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP         | Citizens Financial Group Inc                             | CUSIP: 174610204<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |     37767 | NS      | $952861.41    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| FULTON FINANCIAL CORP            | Fulton Financial Corp                                    | CUSIP: 360271308<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EP               | CORP              | US        |     26200 | NS      | $540768.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LAND O'LAKES INC                 | Land O' Lakes Inc                                        | CUSIP: 514666AK2<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |  11700000 | PA      | $11388439.18  | 2.66%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC           | CenterPoint Energy Inc                                   | CUSIP: 15189TAS6<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1986321.92   | 0.46%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                     | UBS Group AG                                             | CUSIP: 902613AD0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1550000 | PA      | $1152812.50   | 0.27%             | N/A             | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM LP                 | DCP Midstream LP                                         | CUSIP: 23311P209<br>LEI: 52990024YYS3MLGW0E91 | Long             | EP               | CORP              | US        |     11900 | NS      | $296905.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ALGONQUIN PWR & UTILITY          | Algonquin Power & Utilities Corp                         | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   3200000 | PA      | $2630016.00   | 0.61%             | 2082-01-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KEYCORP                          | KeyCorp                                                  | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    265788 | NS      | $6599516.04   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL              | Synchrony Financial                                      | CUSIP: 87165B202<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |    130000 | NS      | $2411500.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG RE FINANCE TRUST INC         | TPG RE Finance Trust Inc                                 | CUSIP: 87266M206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     65100 | NS      | $1080002.49   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCH CAPITAL GROUP LTD           | Arch Capital Group Ltd                                   | CUSIP: 03939A107<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |     26109 | NS      | $579619.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP                | Merchants Bancorp/IN                                     | CUSIP: 58844R603<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |     50300 | NS      | $1097043.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNATURE BANK NEW YORK          | Signature Bank/New York NY                               | CUSIP: 82669G203<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | EP               | CORP              | US        |    150000 | NS      | $2602500.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                 | Societe Generale SA                                      | CUSIP: 83370RAA6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2300000 | PA      | $1811480.00   | 0.42%             | N/A             | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC               | Ally Financial Inc                                       | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   3230000 | PA      | $2349825.00   | 0.55%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| QBE INSURANCE GROUP LTD          | QBE Insurance Group Ltd                                  | CUSIP: 74728GAE0<br>LEI: 549300D2FBW76FPUSG65 | Long             | DBT              | CORP              | AU        |   1550000 | PA      | $1425908.43   | 0.33%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC         | Lloyds Banking Group PLC                                 | CUSIP: 539439AU3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $962965.02    | 0.22%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE         | Banco Mercantil del Norte SA/Grand Cayman                | CUSIP: 05973KAB3<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   1900000 | PA      | $1538050.00   | 0.36%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                 | Paramount Global                                         | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   4370000 | PA      | $3620165.73   | 0.84%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP               | Energy Transfer LP                                       | CUSIP: 29273V605<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    528982 | NS      | $12187745.28  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| KUVARE US HOLDINGS INC           | Kuvare US Holdings Inc                                   | CUSIP: 50149XAA2<br>LEI: 254900MGBERNLZXF7O58 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2348250.00   | 0.55%             | 2051-02-17      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP            | Truist Financial Corp                                    | CUSIP: 89832QAE9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1935000.00   | 0.45%             | N/A             | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                     | Barclays PLC                                             | CUSIP: 06738EBA2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    970000 | PA      | $933625.00    | 0.22%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AXA SA                           | AXA SA                                                   | CUSIP: 054536AC1<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | DBT              | CORP              | FR        |   6550000 | PA      | $6368800.54   | 1.49%             | N/A             | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SYNOVUS FINANCIAL CORP           | Synovus Financial Corp                                   | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |    215094 | NS      | $5183765.40   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST GROUP PLC                | NatWest Group PLC                                        | CUSIP: 639057AD0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    950000 | PA      | $668401.66    | 0.16%             | N/A             | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL          | Raymond James Financial Inc                              | CUSIP: 754730406<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EP               | CORP              | US        |     35160 | NS      | $876187.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON CORP               | First Horizon Corp                                       | CUSIP: 320517402<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EP               | CORP              | US        |     48634 | NS      | $1209041.24   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GRP OF AMER          | Reinsurance Group of America Inc                         | CUSIP: 759351885<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               | CORP              | US        |    144000 | NS      | $3775680.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                     | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5400000 | PA      | $5238000.00   | 1.22%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CARLYLE FINANCE LLC              | Carlyle Finance LLC                                      | CUSIP: 14314C105<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     35800 | NS      | $602872.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP               | Energy Transfer LP                                       | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4830000 | PA      | $4069275.00   | 0.95%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC               | Vodafone Group PLC                                       | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   2300000 | PA      | $2294204.00   | 0.54%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COMPEER FINANCIAL ACA            | Compeer Financial ACA                                    | CUSIP: 20453Q201<br>LEI: 54930020HTACTODKHT04 | Long             | EP               | CORP              | US        |      7000 | NS      | $6965000.00   | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                 | Societe Generale SA                                      | CUSIP: 83368JFA3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $5012125.00   | 1.17%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| WINTRUST FINANCIAL CORP          | Wintrust Financial Corp                                  | CUSIP: 97650W504<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    109000 | NS      | $2746800.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SBL HOLDINGS INC                 | SBL Holdings Inc                                         | CUSIP: 78397DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3050000 | PA      | $2505642.37   | 0.58%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION             | M&T Bank Corp                                            | CUSIP: 55261FAN4<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1305430.00   | 0.30%             | N/A             | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                 | Enstar Group Ltd                                         | CUSIP: 29359U109<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EP               | CORP              | BM        |    141000 | NS      | $3262740.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP               | Energy Transfer LP                                       | CUSIP: 29273V407<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    274236 | NS      | $6340336.32   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SVB FINANCIAL GROUP              | SVB Financial Group                                      | CUSIP: 78486QAJ0<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1245735.00   | 0.29%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMPEER FINANCIAL ACA            | Compeer Financial ACA                                    | CUSIP: 20453QAA0<br>LEI: 54930020HTACTODKHT04 | Long             | DBT              | CORP              | US        |    660000 | PA      | $584925.51    | 0.14%             | N/A             | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY TRUST INC           | Arbor Realty Trust Inc                                   | CUSIP: 038923850<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |    141000 | NS      | $2805900.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                     | UBS Group AG                                             | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1970000 | PA      | $1660186.93   | 0.39%             | N/A             | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                     | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3460000 | PA      | $3092375.00   | 0.72%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE         | Banco Mercantil del Norte SA/Grand Cayman                | CUSIP: 05971PAB4<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   2534000 | PA      | $2223306.26   | 0.52%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG         | Banco Bilbao Vizcaya Argentaria SA                       | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   7000000 | PA      | $5798308.95   | 1.35%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP           | Regions Financial Corp                                   | CUSIP: 7591EP506<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    562950 | NS      | $14569146.00  | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                           | CUSIP: 61763E207<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    674994 | NS      | $17124597.78  | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MGMT              | Annaly Capital Management Inc                            | CUSIP: 035710870<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |     10685 | NS      | $260714.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORP           | Regions Financial Corp                                   | CUSIP: 7591EPAR1<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291549.46    | 0.07%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG           | Credit Suisse Group AG                                   | CUSIP: 225401AK4<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   2500000 | PA      | $1681125.00   | 0.39%             | N/A             | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                    | Sempra Energy                                            | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $2532869.30   | 0.59%             | 2052-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS           | BBVA Bancomer SA/Texas                                   | CUSIP: 05533UAG3<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   1500000 | PA      | $1326705.00   | 0.31%             | 2034-09-13      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP               | Energy Transfer LP                                       | CUSIP: 29273V506<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |      4800 | NS      | $111744.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO         | Capital One Financial Corp                               | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2124375.00   | 0.50%             | N/A             | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK              | First Republic Bank/CA                                   | CUSIP: 33616C720<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |     17458 | NS      | $293992.72    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA ENERGY                    | Sempra Energy                                            | CUSIP: 816851BK4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $2976000.00   | 0.69%             | N/A             | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                     | Barclays PLC                                             | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1140000 | PA      | $1077300.00   | 0.25%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                      | CUSIP: 48126HAA8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  10700000 | PA      | $10619750.00  | 2.48%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL INSURANCE HLDS         | Universal Insurance Holdings Inc                         | CUSIP: 91359VAC1<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1037758.95   | 0.24%             | 2026-11-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS           | Discover Financial Services                              | CUSIP: 254709AQ1<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1958000.00   | 0.46%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| QBE INSURANCE GROUP LTD          | QBE Insurance Group Ltd                                  | CUSIP: 74737EAA2<br>LEI: 549300D2FBW76FPUSG65 | Long             | DBT              | CORP              | AU        |  12960000 | PA      | $12943800.00  | 3.02%             | 2043-11-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HEARTLAND FINANCIAL USA          | Heartland Financial USA Inc                              | CUSIP: 42234Q201<br>LEI: 549300QF7B0DFZT32C73 | Long             | EP               | CORP              | US        |     99200 | NS      | $2630784.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DELPHI FINANCIAL GROUP           | Delphi Financial Group Inc                               | CUSIP: 247131303<br>LEI: 5493001NGT0EEYMZG011 | Long             | EP               | CORP              | US        |    353663 | NS      | $7824793.88   | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                      | BNP Paribas SA                                           | CUSIP: 05565ASK0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1125000 | PA      | $857812.50    | 0.20%             | N/A             | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NY COMMUNITY BANCORP INC         | New York Community Bancorp Inc                           | CUSIP: 649445202<br>LEI: 529900HVXOTLY61GL030 | Long             | EP               | CORP              | US        |    549300 | NS      | $13183200.00  | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MORTGAGE TRUST          | New York Mortgage Trust Inc                              | CUSIP: 649604865<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |     70000 | NS      | $1291500.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                       | Qwest Corp                                               | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |     82550 | NS      | $1663382.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL             | Edison International                                     | CUSIP: 281020AT4<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $3473773.93   | 0.81%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VOYA FINANCIAL INC               | Voya Financial Inc                                       | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               | CORP              | US        |     77000 | NS      | $1687840.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTL GROUP              | American International Group Inc                         | CUSIP: 026874BS5<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |   5340000 | PA      | $5939151.42   | 1.39%             | 2058-05-15      | Fixed         | 8.18%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN PWR & UTILITY          | Algonquin Power & Utilities Corp                         | CUSIP: 015857808<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EP               | CORP              | CA        |    124932 | NS      | $2808471.36   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                      | MetLife Inc                                              | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   3759000 | PA      | $4971540.63   | 1.16%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG         | Everest Reinsurance Holdings Inc                         | CUSIP: 299808AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    754000 | PA      | $643541.31    | 0.15%             | 2037-05-15      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| CADENCE BANK                     | Cadence Bank                                             | CUSIP: 12740C202<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EP               | CORP              | US        |     57777 | NS      | $1252605.36   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                          | MPLX LP                                                  | CUSIP: 55336VAU4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   4990000 | PA      | $4955968.20   | 1.16%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WESTERN ALLIANCE BANCORP         | Western Alliance Bancorp                                 | CUSIP: 957638406<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EP               | CORP              | US        |     59000 | NS      | $1262600.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC                     | NiSource Inc                                             | CUSIP: 65473PAG0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $935000.00    | 0.22%             | N/A             | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                 | Societe Generale SA                                      | CUSIP: 83367TBU2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $262011.00    | 0.06%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FINANCING TR I         | Provident Financing Trust I                              | CUSIP: 743863AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9836000 | PA      | $10271292.18  | 2.40%             | 2038-03-15      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| SBL HOLDINGS INC                 | SBL Holdings Inc                                         | CUSIP: 78397DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $2668750.00   | 0.62%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD               | Athene Holding Ltd                                       | CUSIP: 04686J408<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | BM        |     66800 | NS      | $1229788.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSCANADA TRUST                | Transcanada Trust                                        | CUSIP: 89356BAE8<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |   3700000 | PA      | $3168125.00   | 0.74%             | 2079-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL             | Edison International                                     | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1099067.10   | 0.26%             | N/A             | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING          | DCP Midstream Operating LP                               | CUSIP: 23311RAH9<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |   9780000 | PA      | $9586720.11   | 2.24%             | 2043-05-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L         | RenaissanceRe Holdings Ltd                               | CUSIP: 75968N309<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EP               | CORP              | BM        |     13810 | NS      | $312244.10    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WASHINGTON FEDERAL INC           | Washington Federal Inc                                   | CUSIP: 938824307<br>LEI: 0003065617           | Long             | EP               | CORP              | US        |     55000 | NS      | $1037300.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSURANT INC                     | Assurant Inc                                             | CUSIP: 04621X306<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EP               | CORP              | US        |     29722 | NS      | $637536.90    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD CHARTERED PLC           | Standard Chartered PLC                                   | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   5700000 | PA      | $5438879.47   | 1.27%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC         | Lloyds Banking Group PLC                                 | CUSIP: 53944YAQ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  19447000 | PA      | $12667133.47  | 2.96%             | 2046-12-14      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP              | Fifth Third Bancorp                                      | CUSIP: 316773605<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |    276818 | NS      | $7103149.88   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES            | Huntington Bancshares Inc/OH                             | CUSIP: 446150AL8<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $2968000.00   | 0.69%             | N/A             | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                         | CUSIP: 95002Y400<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    123000 | NS      | $2088540.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC           | Arbor Realty Trust Inc                                   | CUSIP: 038923876<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     50390 | NS      | $919113.60    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| COBANK ACB                       | CoBank ACB                                               | CUSIP: 19075Q862<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | EP               | USGA              | US        |     38100 | NS      | $3771900.00   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE         | Banco Mercantil del Norte SA/Grand Cayman                | CUSIP: 05962GAJ8<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |   1660000 | PA      | $1501986.39   | 0.35%             | N/A             | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN         | Apollo Management Holdings LP                            | CUSIP: 03765HAE1<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $869203.00    | 0.20%             | 2050-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds T-Fund | BlackRock Liquidity Funds T-Fund                         | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |   1508560 | NS      | $1508559.75   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AUST & NZ BANKING GRP/UK         | Australia & New Zealand Banking Group Ltd/United Kingdom | CUSIP: 05254HAA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   1738000 | PA      | $1722704.02   | 0.40%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG         | Banco Bilbao Vizcaya Argentaria SA                       | CUSIP: 05946KAG6<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   2200000 | PA      | $2086440.95   | 0.49%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AEGON FUNDING CORP II            | Aegon Funding Corp II                                    | CUSIP: 00775V104<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | EP               | CORP              | US        |      2650 | NS      | $53689.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CAL EDISON              | Southern California Edison Co                            | CUSIP: 842400FU2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1928673.14   | 0.45%             | N/A             | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                           | CUSIP: 61745VAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    800000 | PA      | $781534.82    | 0.18%             | N/A             | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                            | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    700000 | PA      | $608269.47    | 0.14%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESBANCO INC                     | WesBanco Inc                                             | CUSIP: 950810705<br>LEI: 0001070448           | Long             | EP               | CORP              | US        |    113500 | NS      | $2849985.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EQUITY INVESTME         | American Equity Investment Life Holding Co               | CUSIP: 025676503<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |    155000 | NS      | $3366600.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC          | Goldman Sachs Group Inc/The                              | CUSIP: 38148BAE8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1596120.52   | 0.37%             | N/A             | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L         | RenaissanceRe Holdings Ltd                               | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EP               | CORP              | BM        |     77700 | NS      | $1385391.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                      | MetLife Inc                                              | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |  17200000 | PA      | $19953730.66  | 4.66%             | 2038-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                      | BNP Paribas SA                                           | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2280000 | PA      | $2240100.00   | 0.52%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO           | General Motors Financial Co Inc                          | CUSIP: 37045XCM6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2174052.00   | 0.51%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                         | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |       759 | NS      | $903316.26    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS PLC                     | Barclays PLC                                             | CUSIP: 06738EBT1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1075000 | PA      | $792696.84    | 0.19%             | N/A             | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                      | CUSIP: 46625HJQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7937287.12   | 1.85%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIRST CITIZENS BANCSHARE         | First Citizens BancShares Inc/NC                         | CUSIP: 319626305<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EP               | CORP              | US        |     45359 | NS      | $906726.41    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                | HSBC Holdings PLC                                        | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $887700.00    | 0.21%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                 | Deutsche Bank AG                                         | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    800000 | PA      | $685206.82    | 0.16%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC                  | Global Atlantic Fin Co                                   | CUSIP: 37959GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3690000 | PA      | $2734266.53   | 0.64%             | 2051-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SCE TRUST II                     | SCE Trust II                                             | CUSIP: 78407R204<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       417 | NS      | $7731.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL FINANCIAL CORP            | Stifel Financial Corp                                    | CUSIP: 860630862<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |     52000 | NS      | $932880.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                            | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1171625.00   | 0.27%             | N/A             | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LAND O'LAKES INC                 | Land O' Lakes Inc                                        | CUSIP: 514666AM8<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |    725000 | PA      | $672016.07    | 0.16%             | N/A             | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                           | CUSIP: 61762V606<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    251971 | NS      | $5999429.51   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| LINCOLN NATIONAL CORP            | Lincoln National Corp                                    | CUSIP: 534187885<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EP               | CORP              | US        |     50100 | NS      | $1326147.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

**Name of Applicant:** Flaherty & Crumrine Dynamic Preferred & Income Fund Inc

**Signature:** Bradford Stone

**Name of Signer:** Bradford Stone

**Title:** Chief Financial Officer, Treasurer and Vice President