# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001410368-26-055066
**Filing Date:** 2026-5
**Character Count:** 912735
**Document Hash:** 00bb87828b5b73b48de49b8a7b9dd403
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055066.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055066

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 261033071

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Intermediate Bond Fund (Series ID: S000019856)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000055693 | Columbia Variable Portfolio - Intermediate Bond Fund Class 3 |  |
| C000088783 | Columbia Variable Portfolio - Intermediate Bond Fund Class 2 |  |
| C000088784 | Columbia Variable Portfolio - Intermediate Bond Fund Class 1 |  |

## Nport-Ex

![](img1b84051f1.jpg)

Columbia Variable Portfolio – Intermediate Bond Fund

**First Quarter Report**

March 31, 2026 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities — Agency 0.0%** | **Asset-Backed Securities — Agency 0.0%** | **Asset-Backed Securities — Agency 0.0%** | **Asset-Backed Securities — Agency 0.0%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| United States Small Business Administration | United States Small Business Administration | United States Small Business Administration | United States Small Business Administration |
| Series 2014-20I Class 1 | Series 2014-20I Class 1 | Series 2014-20I Class 1 | Series 2014-20I Class 1 |
| 09/01/2034 | &nbsp;&nbsp; 2.920% | 63431 | &nbsp;&nbsp; 60388 |
| &nbsp;&nbsp; Total Asset-Backed Securities — Agency <br>(Cost $64,133) | &nbsp;&nbsp; Total Asset-Backed Securities — Agency <br>(Cost $64,133) | &nbsp;&nbsp; Total Asset-Backed Securities — Agency <br>(Cost $64,133) | &nbsp;&nbsp; **60388** |
| **Asset-Backed Securities - Non-Agency 9.7%** | **Asset-Backed Securities - Non-Agency 9.7%** | **Asset-Backed Securities - Non-Agency 9.7%** | **Asset-Backed Securities - Non-Agency 9.7%** |
| ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  |
| Subordinated Series 2024-1PL Class B | Subordinated Series 2024-1PL Class B | Subordinated Series 2024-1PL Class B | Subordinated Series 2024-1PL Class B |
| 04/25/2031 | &nbsp;&nbsp; 6.340% | 715902 | &nbsp;&nbsp; 721990 |
| ACM Auto Trust<sup>(a)</sup>  | ACM Auto Trust<sup>(a)</sup>  | ACM Auto Trust<sup>(a)</sup>  | ACM Auto Trust<sup>(a)</sup>  |
| Series 2024-2A Class A | Series 2024-2A Class A | Series 2024-2A Class A | Series 2024-2A Class A |
| 02/20/2029 | &nbsp;&nbsp; 6.060% | 45402 | &nbsp;&nbsp; 45435 |
| ASP WHCO Participation LP<sup>(a),(b),(c)</sup>  | ASP WHCO Participation LP<sup>(a),(b),(c)</sup>  | ASP WHCO Participation LP<sup>(a),(b),(c)</sup>  | ASP WHCO Participation LP<sup>(a),(b),(c)</sup>  |
| &nbsp;&nbsp; 30-day Average SOFR + 2.400% <br>Floor 3.000% <br>03/29/2029<br>| &nbsp;&nbsp; 6.713% | 16300000 | &nbsp;&nbsp; 16300000 |
| Bain Capital Credit CLO<sup>(a),(c)</sup>  | Bain Capital Credit CLO<sup>(a),(c)</sup>  | Bain Capital Credit CLO<sup>(a),(c)</sup>  | Bain Capital Credit CLO<sup>(a),(c)</sup>  |
| Series 2018-2A Class A1R | Series 2018-2A Class A1R | Series 2018-2A Class A1R | Series 2018-2A Class A1R |
| &nbsp;&nbsp; 3-month Term SOFR + 1.080% <br>Floor 1.080% <br>07/19/2031<br>| &nbsp;&nbsp; 4.748% | 924733 | &nbsp;&nbsp; 924439 |
| Bain Capital Credit CLO Ltd.<sup>(a),(c),(d)</sup>  | Bain Capital Credit CLO Ltd.<sup>(a),(c),(d)</sup>  | Bain Capital Credit CLO Ltd.<sup>(a),(c),(d)</sup>  | Bain Capital Credit CLO Ltd.<sup>(a),(c),(d)</sup>  |
| Series 2026-2A Class E | Series 2026-2A Class E | Series 2026-2A Class E | Series 2026-2A Class E |
| &nbsp;&nbsp; 3-month Term SOFR + 5.950% <br>Floor 5.950% <br>04/26/2039<br>| &nbsp;&nbsp; 5.930% | 7850000 | &nbsp;&nbsp; 7850000 |
| Basswood Park CLO Ltd.<sup>(a),(c)</sup>  | Basswood Park CLO Ltd.<sup>(a),(c)</sup>  | Basswood Park CLO Ltd.<sup>(a),(c)</sup>  | Basswood Park CLO Ltd.<sup>(a),(c)</sup>  |
| Series 2025-1A Class AR | Series 2025-1A Class AR | Series 2025-1A Class AR | Series 2025-1A Class AR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.030% <br>Floor 1.030% <br>04/20/2034<br>| &nbsp;&nbsp; 4.698% | 14400000 | &nbsp;&nbsp; 14374786 |
| CIFC Funding Ltd.<sup>(a),(c)</sup>  | CIFC Funding Ltd.<sup>(a),(c)</sup>  | CIFC Funding Ltd.<sup>(a),(c)</sup>  | CIFC Funding Ltd.<sup>(a),(c)</sup>  |
| Series 2023-1AR Class A1R | Series 2023-1AR Class A1R | Series 2023-1AR Class A1R | Series 2023-1AR Class A1R |
| &nbsp;&nbsp; 3-month Term SOFR + 1.240% <br>Floor 1.240% <br>10/15/2038<br>| &nbsp;&nbsp; 4.912% | 8800000 | &nbsp;&nbsp; 8795318 |
| EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  |
| Series 2025-1NN Class A | Series 2025-1NN Class A | Series 2025-1NN Class A | Series 2025-1NN Class A |
| 01/15/2031 | &nbsp;&nbsp; 5.410% | 5561532 | &nbsp;&nbsp; 5570212 |
| Series 2025-2NN Class A | Series 2025-2NN Class A | Series 2025-2NN Class A | Series 2025-2NN Class A |
| 01/15/2032 | &nbsp;&nbsp; 5.498% | 8418254 | &nbsp;&nbsp; 8411672 |
| EDGEX Issuer Trust<sup>(a),(e)</sup>  | EDGEX Issuer Trust<sup>(a),(e)</sup>  | EDGEX Issuer Trust<sup>(a),(e)</sup>  | EDGEX Issuer Trust<sup>(a),(e)</sup>  |
| Series 2025-1NN Class CERT | Series 2025-1NN Class CERT | Series 2025-1NN Class CERT | Series 2025-1NN Class CERT |
| 01/15/2031 | &nbsp;&nbsp; 0.000% | 4000000 | &nbsp;&nbsp; 2896374 |
| GLS Auto Select Receivables Trust<sup>(a)</sup>  | GLS Auto Select Receivables Trust<sup>(a)</sup>  | GLS Auto Select Receivables Trust<sup>(a)</sup>  | GLS Auto Select Receivables Trust<sup>(a)</sup>  |
| Series 2024-4A Class A2 | Series 2024-4A Class A2 | Series 2024-4A Class A2 | Series 2024-4A Class A2 |
| 12/17/2029 | &nbsp;&nbsp; 4.430% | 2142072 | &nbsp;&nbsp; 2146348 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| GoldenTree Loan Management US CLO Ltd.<sup>(a),(c)</sup>  | GoldenTree Loan Management US CLO Ltd.<sup>(a),(c)</sup>  | GoldenTree Loan Management US CLO Ltd.<sup>(a),(c)</sup>  | GoldenTree Loan Management US CLO Ltd.<sup>(a),(c)</sup>  |
| Series 2025-27 Class A | Series 2025-27 Class A | Series 2025-27 Class A | Series 2025-27 Class A |
| &nbsp;&nbsp; 3-month Term SOFR + 1.190% <br>Floor 1.190% <br>01/20/2039<br>| &nbsp;&nbsp; 5.008% | 14400000 | &nbsp;&nbsp; 14364418 |
| GreenSky Home Improvement Trust<sup>(a)</sup>  | GreenSky Home Improvement Trust<sup>(a)</sup>  | GreenSky Home Improvement Trust<sup>(a)</sup>  | GreenSky Home Improvement Trust<sup>(a)</sup>  |
| Series 2024-1 Class A2 | Series 2024-1 Class A2 | Series 2024-1 Class A2 | Series 2024-1 Class A2 |
| 06/25/2059 | &nbsp;&nbsp; 5.880% | 675511 | &nbsp;&nbsp; 678498 |
| Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  |
| Series 2025-2A Class A2 | Series 2025-2A Class A2 | Series 2025-2A Class A2 | Series 2025-2A Class A2 |
| 05/15/2030 | &nbsp;&nbsp; 5.180% | 4882155 | &nbsp;&nbsp; 4894355 |
| Madison Park Funding XXIX Ltd.<sup>(a),(c)</sup>  | Madison Park Funding XXIX Ltd.<sup>(a),(c)</sup>  | Madison Park Funding XXIX Ltd.<sup>(a),(c)</sup>  | Madison Park Funding XXIX Ltd.<sup>(a),(c)</sup>  |
| Series 2018-29AR Class A1R2 | Series 2018-29AR Class A1R2 | Series 2018-29AR Class A1R2 | Series 2018-29AR Class A1R2 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.180% <br>Floor 1.180% <br>03/25/2038<br>| &nbsp;&nbsp; 4.848% | 14350000 | &nbsp;&nbsp; 14299775 |
| MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  |
| Series 2025-1 Class A | Series 2025-1 Class A | Series 2025-1 Class A | Series 2025-1 Class A |
| 12/22/2042 | &nbsp;&nbsp; 6.250% | 9356760 | &nbsp;&nbsp; 9356064 |
| Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A |
| 07/21/2042 | &nbsp;&nbsp; 6.620% | 2802356 | &nbsp;&nbsp; 2839647 |
| Octagon Investment Partners XXII Ltd.<sup>(a),(c)</sup>  | Octagon Investment Partners XXII Ltd.<sup>(a),(c)</sup>  | Octagon Investment Partners XXII Ltd.<sup>(a),(c)</sup>  | Octagon Investment Partners XXII Ltd.<sup>(a),(c)</sup>  |
| Series 2014-1A Class BRR | Series 2014-1A Class BRR | Series 2014-1A Class BRR | Series 2014-1A Class BRR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.712% <br>Floor 1.450% <br>01/22/2030<br>| &nbsp;&nbsp; 5.381% | 17845738 | &nbsp;&nbsp; 17846488 |
| OHA Credit Funding Ltd.<sup>(a),(c)</sup>  | OHA Credit Funding Ltd.<sup>(a),(c)</sup>  | OHA Credit Funding Ltd.<sup>(a),(c)</sup>  | OHA Credit Funding Ltd.<sup>(a),(c)</sup>  |
| Series 2023-16RA Class A1 | Series 2023-16RA Class A1 | Series 2023-16RA Class A1 | Series 2023-16RA Class A1 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.200% <br>Floor 1.200% <br>10/20/2038<br>| &nbsp;&nbsp; 4.868% | 13500000 | &nbsp;&nbsp; 13485717 |
| Oportun Issuance Trust<sup>(a)</sup>  | Oportun Issuance Trust<sup>(a)</sup>  | Oportun Issuance Trust<sup>(a)</sup>  | Oportun Issuance Trust<sup>(a)</sup>  |
| Series 2021-B Class A | Series 2021-B Class A | Series 2021-B Class A | Series 2021-B Class A |
| 05/08/2031 | &nbsp;&nbsp; 1.470% | 3818249 | &nbsp;&nbsp; 3753811 |
| Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  |
| Series 2024-11 Class B | Series 2024-11 Class B | Series 2024-11 Class B | Series 2024-11 Class B |
| 07/15/2032 | &nbsp;&nbsp; 5.637% | 3507196 | &nbsp;&nbsp; 3528148 |
| Series 2024-11 Class D | Series 2024-11 Class D | Series 2024-11 Class D | Series 2024-11 Class D |
| 07/15/2032 | &nbsp;&nbsp; 6.307% | 5530819 | &nbsp;&nbsp; 5559366 |
| Series 2025-6 Class B | Series 2025-6 Class B | Series 2025-6 Class B | Series 2025-6 Class B |
| 04/15/2033 | &nbsp;&nbsp; 4.883% | 8199244 | &nbsp;&nbsp; 8152712 |
| Series 2025-R3 Class A | Series 2025-R3 Class A | Series 2025-R3 Class A | Series 2025-R3 Class A |
| 01/18/2033 | &nbsp;&nbsp; 4.841% | 6541355 | &nbsp;&nbsp; 6537403 |
| Subordinated Series 2024-10 Class B | Subordinated Series 2024-10 Class B | Subordinated Series 2024-10 Class B | Subordinated Series 2024-10 Class B |
| 06/15/2032 | &nbsp;&nbsp; 5.750% | 4173262 | &nbsp;&nbsp; 4201156 |
| Subordinated Series 2024-10 Class C | Subordinated Series 2024-10 Class C | Subordinated Series 2024-10 Class C | Subordinated Series 2024-10 Class C |
| 06/15/2032 | &nbsp;&nbsp; 5.992% | 5652443 | &nbsp;&nbsp; 5693111 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated Series 2024-10 Class D | Subordinated Series 2024-10 Class D | Subordinated Series 2024-10 Class D | Subordinated Series 2024-10 Class D |
| 06/15/2032 | &nbsp;&nbsp; 6.429% | 2269949 | &nbsp;&nbsp; 2281666 |
| Subordinated Series 2024-5 Class B | Subordinated Series 2024-5 Class B | Subordinated Series 2024-5 Class B | Subordinated Series 2024-5 Class B |
| 10/15/2031 | &nbsp;&nbsp; 6.601% | 4143980 | &nbsp;&nbsp; 4158979 |
| Subordinated Series 2024-6 Class B | Subordinated Series 2024-6 Class B | Subordinated Series 2024-6 Class B | Subordinated Series 2024-6 Class B |
| 11/15/2031 | &nbsp;&nbsp; 6.589% | 4302227 | &nbsp;&nbsp; 4318190 |
| Subordinated Series 2024-8 Class B | Subordinated Series 2024-8 Class B | Subordinated Series 2024-8 Class B | Subordinated Series 2024-8 Class B |
| 01/15/2032 | &nbsp;&nbsp; 5.456% | 4815245 | &nbsp;&nbsp; 4827838 |
| Subordinated Series 2024-8 Class C | Subordinated Series 2024-8 Class C | Subordinated Series 2024-8 Class C | Subordinated Series 2024-8 Class C |
| 01/15/2032 | &nbsp;&nbsp; 6.030% | 3850478 | &nbsp;&nbsp; 3861567 |
| Subordinated Series 2024-9 Class B | Subordinated Series 2024-9 Class B | Subordinated Series 2024-9 Class B | Subordinated Series 2024-9 Class B |
| 03/15/2032 | &nbsp;&nbsp; 5.306% | 4710822 | &nbsp;&nbsp; 4724232 |
| Subordinated Series 2024-9 Class C | Subordinated Series 2024-9 Class C | Subordinated Series 2024-9 Class C | Subordinated Series 2024-9 Class C |
| 03/15/2032 | &nbsp;&nbsp; 5.774% | 3640885 | &nbsp;&nbsp; 3650889 |
| Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  |
| Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B |
| 12/15/2031 | &nbsp;&nbsp; 6.574% | 3397580 | &nbsp;&nbsp; 3414517 |
| Subordinated Series 2024-7 Class C | Subordinated Series 2024-7 Class C | Subordinated Series 2024-7 Class C | Subordinated Series 2024-7 Class C |
| 12/15/2031 | &nbsp;&nbsp; 7.095% | 3808197 | &nbsp;&nbsp; 3826027 |
| Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  |
| Series 2024-2 Class A | Series 2024-2 Class A | Series 2024-2 Class A | Series 2024-2 Class A |
| 08/15/2031 | &nbsp;&nbsp; 6.319% | 636031 | &nbsp;&nbsp; 638039 |
| Series 2024-3 Class A | Series 2024-3 Class A | Series 2024-3 Class A | Series 2024-3 Class A |
| 10/15/2031 | &nbsp;&nbsp; 6.258% | 1411732 | &nbsp;&nbsp; 1417963 |
| Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B |
| 10/15/2031 | &nbsp;&nbsp; 6.571% | 4379067 | &nbsp;&nbsp; 4399891 |
| Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C |
| 10/15/2031 | &nbsp;&nbsp; 7.297% | 2188156 | &nbsp;&nbsp; 2192967 |
| Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  |
| Series 2025-2 Class A | Series 2025-2 Class A | Series 2025-2 Class A | Series 2025-2 Class A |
| 07/20/2033 | &nbsp;&nbsp; 5.065% | 6600000 | &nbsp;&nbsp; 6608542 |
| Reach Abs Trust<sup>(a)</sup>  | Reach Abs Trust<sup>(a)</sup>  | Reach Abs Trust<sup>(a)</sup>  | Reach Abs Trust<sup>(a)</sup>  |
| Series 2026-1 Class A | Series 2026-1 Class A | Series 2026-1 Class A | Series 2026-1 Class A |
| 02/15/2033 | &nbsp;&nbsp; 4.320% | 6789491 | &nbsp;&nbsp; 6791991 |
| Reach ABS Trust<sup>(a)</sup>  | Reach ABS Trust<sup>(a)</sup>  | Reach ABS Trust<sup>(a)</sup>  | Reach ABS Trust<sup>(a)</sup>  |
| Series 2024-2A Class A | Series 2024-2A Class A | Series 2024-2A Class A | Series 2024-2A Class A |
| 07/15/2031 | &nbsp;&nbsp; 5.880% | 1171102 | &nbsp;&nbsp; 1173696 |
| Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  |
| Series 2024-3A Class A | Series 2024-3A Class A | Series 2024-3A Class A | Series 2024-3A Class A |
| 03/25/2033 | &nbsp;&nbsp; 5.281% | 6253375 | &nbsp;&nbsp; 6274123 |
| Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  |
| Series 2021-2A Class A | Series 2021-2A Class A | Series 2021-2A Class A | Series 2021-2A Class A |
| 03/25/2030 | &nbsp;&nbsp; 2.650% | 1352170 | &nbsp;&nbsp; 1341278 |
| Truist Bank Auto Credit-Linked Notes<sup>(a)</sup>  | Truist Bank Auto Credit-Linked Notes<sup>(a)</sup>  | Truist Bank Auto Credit-Linked Notes<sup>(a)</sup>  | Truist Bank Auto Credit-Linked Notes<sup>(a)</sup>  |
| Series 2025-1 Class B | Series 2025-1 Class B | Series 2025-1 Class B | Series 2025-1 Class B |
| 09/26/2033 | &nbsp;&nbsp; 4.728% | 4562030 | &nbsp;&nbsp; 4571940 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Upgrade Master Pass-Thru Trust<sup>(a),(e)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a),(e)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a),(e)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a),(e)</sup>  |
| Series 2025-ST5 Class CERT | Series 2025-ST5 Class CERT | Series 2025-ST5 Class CERT | Series 2025-ST5 Class CERT |
| 09/15/2032 | &nbsp;&nbsp; 0.000% | 3950000 | &nbsp;&nbsp; 2559506 |
| Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  |
| Series 2024-1 Class A | Series 2024-1 Class A | Series 2024-1 Class A | Series 2024-1 Class A |
| 11/20/2034 | &nbsp;&nbsp; 5.330% | 2004508 | &nbsp;&nbsp; 2005056 |
| Series 2025-2 Class A2 | Series 2025-2 Class A2 | Series 2025-2 Class A2 | Series 2025-2 Class A2 |
| 06/20/2035 | &nbsp;&nbsp; 5.220% | 3615958 | &nbsp;&nbsp; 3626416 |
| Series 2025-3 Class A2 | Series 2025-3 Class A2 | Series 2025-3 Class A2 | Series 2025-3 Class A2 |
| 09/20/2035 | &nbsp;&nbsp; 4.600% | 5514561 | &nbsp;&nbsp; 5519534 |
| Series 2025-4 Class D | Series 2025-4 Class D | Series 2025-4 Class D | Series 2025-4 Class D |
| 11/20/2035 | &nbsp;&nbsp; 7.670% | 1000000 | &nbsp;&nbsp; 1018279 |
| &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $270,019,929) | &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $270,019,929) | &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $270,019,929) | &nbsp;&nbsp; **268430369** |
| **Commercial Mortgage-Backed Securities - Non-Agency 1.7%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.7%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.7%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.7%** |
| BX Commercial Mortgage Trust<sup>(a),(c)</sup>  | BX Commercial Mortgage Trust<sup>(a),(c)</sup>  | BX Commercial Mortgage Trust<sup>(a),(c)</sup>  | BX Commercial Mortgage Trust<sup>(a),(c)</sup>  |
| Series 2024-SLCT Class A | Series 2024-SLCT Class A | Series 2024-SLCT Class A | Series 2024-SLCT Class A |
| &nbsp;&nbsp; 1-month Term SOFR + 1.443% <br>Floor 1.443% <br>01/15/2042<br>| &nbsp;&nbsp; 4.996% | 5600000 | &nbsp;&nbsp; 5565003 |
| Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  |
| Series 2014-USA Class A2 | Series 2014-USA Class A2 | Series 2014-USA Class A2 | Series 2014-USA Class A2 |
| 09/15/2037 | &nbsp;&nbsp; 3.953% | 15735000 | &nbsp;&nbsp; 14407624 |
| Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E |
| 09/15/2037 | &nbsp;&nbsp; 4.373% | 4815000 | &nbsp;&nbsp; 3803092 |
| Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F |
| 09/15/2037 | &nbsp;&nbsp; 4.373% | 7250000 | &nbsp;&nbsp; 5007514 |
| Hilton USA Trust<sup>(a),(f)</sup>  | Hilton USA Trust<sup>(a),(f)</sup>  | Hilton USA Trust<sup>(a),(f)</sup>  | Hilton USA Trust<sup>(a),(f)</sup>  |
| Subordinated Series 2016-SFP Class E | Subordinated Series 2016-SFP Class E | Subordinated Series 2016-SFP Class E | Subordinated Series 2016-SFP Class E |
| 11/05/2035 | &nbsp;&nbsp; 0.000% | 10901000 | &nbsp;&nbsp; 272027 |
| One New York Plaza Trust<sup>(a),(c)</sup>  | One New York Plaza Trust<sup>(a),(c)</sup>  | One New York Plaza Trust<sup>(a),(c)</sup>  | One New York Plaza Trust<sup>(a),(c)</sup>  |
| Subordinated Series 2020-1NYP Class D | Subordinated Series 2020-1NYP Class D | Subordinated Series 2020-1NYP Class D | Subordinated Series 2020-1NYP Class D |
| &nbsp;&nbsp; 1-month Term SOFR + 2.864% <br>Floor 2.750% <br>01/15/2036<br>| &nbsp;&nbsp; 6.537% | 4150000 | &nbsp;&nbsp; 3946662 |
| SFO Commercial Mortgage Trust<sup>(a),(c)</sup>  | SFO Commercial Mortgage Trust<sup>(a),(c)</sup>  | SFO Commercial Mortgage Trust<sup>(a),(c)</sup>  | SFO Commercial Mortgage Trust<sup>(a),(c)</sup>  |
| Series 2021-555 Class A | Series 2021-555 Class A | Series 2021-555 Class A | Series 2021-555 Class A |
| &nbsp;&nbsp; 1-month Term SOFR + 1.264% <br>Floor 1.150% <br>05/15/2038<br>| &nbsp;&nbsp; 4.938% | 9150000 | &nbsp;&nbsp; 9132840 |
| Wells Fargo Commercial Mortgage Trust<sup>(a),(g)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(g)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(g)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(g)</sup>  |
| Series 2026-1250B Class A | Series 2026-1250B Class A | Series 2026-1250B Class A | Series 2026-1250B Class A |
| 03/10/2041 | &nbsp;&nbsp; 4.833% | 4350000 | &nbsp;&nbsp; 4300968 |
| &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $61,241,346) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $61,241,346) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $61,241,346) | &nbsp;&nbsp; **46435730** |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Common Stocks 0.0%** | **Common Stocks 0.0%** | **Common Stocks 0.0%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 0.0%** | **Communication Services 0.0%** | **Communication Services 0.0%** |
| **Wireless Telecommunication Services 0.0%** | **Wireless Telecommunication Services 0.0%** | **Wireless Telecommunication Services 0.0%** |
| Altice Luxco 3<sup>(h)</sup> <br>| &nbsp;&nbsp; 9982 | &nbsp;&nbsp; 169893 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **169893** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $1) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $1) | &nbsp;&nbsp; **169893** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Convertible Bonds 0.1%** | **Convertible Bonds 0.1%** | **Convertible Bonds 0.1%** | **Convertible Bonds 0.1%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Electric 0.1%** | **Electric 0.1%** | **Electric 0.1%** | **Electric 0.1%** |
| NextEra Energy Partners LP<sup>(a)</sup>  | NextEra Energy Partners LP<sup>(a)</sup>  | NextEra Energy Partners LP<sup>(a)</sup>  | NextEra Energy Partners LP<sup>(a)</sup>  |
| 06/15/2026 | &nbsp;&nbsp; 2.500% | 1419000 | &nbsp;&nbsp; 1404810 |
| &nbsp;&nbsp; Total Convertible Bonds <br>(Cost $1,405,915) | &nbsp;&nbsp; Total Convertible Bonds <br>(Cost $1,405,915) | &nbsp;&nbsp; Total Convertible Bonds <br>(Cost $1,405,915) | &nbsp;&nbsp; **1404810** |
| **Corporate Bonds & Notes 26.4%** | **Corporate Bonds & Notes 26.4%** | **Corporate Bonds & Notes 26.4%** | **Corporate Bonds & Notes 26.4%** |
| **Aerospace & Defense 1.2%** | **Aerospace & Defense 1.2%** | **Aerospace & Defense 1.2%** | **Aerospace & Defense 1.2%** |
| Allegheny Technologies, Inc. | Allegheny Technologies, Inc. | Allegheny Technologies, Inc. | Allegheny Technologies, Inc. |
| 10/01/2031 | &nbsp;&nbsp; 5.125% | 1055000 | &nbsp;&nbsp; 1042155 |
| BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  |
| 03/26/2029 | &nbsp;&nbsp; 5.125% | 3832000 | &nbsp;&nbsp; 3910875 |
| 02/15/2031 | &nbsp;&nbsp; 1.900% | 500000 | &nbsp;&nbsp; 440389 |
| Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) |
| 08/01/2059 | &nbsp;&nbsp; 3.950% | 8300000 | &nbsp;&nbsp; 5707821 |
| Bombardier, Inc.<sup>(a)</sup>  | Bombardier, Inc.<sup>(a)</sup>  | Bombardier, Inc.<sup>(a)</sup>  | Bombardier, Inc.<sup>(a)</sup>  |
| 07/01/2031 | &nbsp;&nbsp; 7.250% | 208000 | &nbsp;&nbsp; 217993 |
| 06/01/2032 | &nbsp;&nbsp; 7.000% | 209000 | &nbsp;&nbsp; 216734 |
| L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | L3Harris Technologies, Inc. |
| 07/31/2033 | &nbsp;&nbsp; 5.400% | 2447000 | &nbsp;&nbsp; 2508701 |
| Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. |
| 02/01/2027 | &nbsp;&nbsp; 3.200% | 1554000 | &nbsp;&nbsp; 1542218 |
| Raytheon Technologies Corp. | Raytheon Technologies Corp. | Raytheon Technologies Corp. | Raytheon Technologies Corp. |
| 03/15/2027 | &nbsp;&nbsp; 3.500% | 10223000 | &nbsp;&nbsp; 10149249 |
| 03/15/2032 | &nbsp;&nbsp; 2.375% | 3695000 | &nbsp;&nbsp; 3255265 |
| TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 6.750% | 527000 | &nbsp;&nbsp; 533016 |
| 03/01/2029 | &nbsp;&nbsp; 6.375% | 678000 | &nbsp;&nbsp; 691783 |
| 03/01/2032 | &nbsp;&nbsp; 6.625% | 843000 | &nbsp;&nbsp; 861294 |
| 01/15/2033 | &nbsp;&nbsp; 6.000% | 310000 | &nbsp;&nbsp; 310226 |
| 05/31/2033 | &nbsp;&nbsp; 6.375% | 1114000 | &nbsp;&nbsp; 1110818 |
| 01/31/2034 | &nbsp;&nbsp; 6.750% | 555000 | &nbsp;&nbsp; 562432 |
| 07/31/2034 | &nbsp;&nbsp; 6.125% | 138000 | &nbsp;&nbsp; 135948 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **33196917** |
| **Airlines 0.0%** | **Airlines 0.0%** | **Airlines 0.0%** | **Airlines 0.0%** |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  |
| 04/20/2029 | &nbsp;&nbsp; 5.750% | 951779 | &nbsp;&nbsp; 944366 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Automotive 0.3%** | **Automotive 0.3%** | **Automotive 0.3%** | **Automotive 0.3%** |
| American Axle & Manufacturing, Inc.<sup>(a)</sup>  | American Axle & Manufacturing, Inc.<sup>(a)</sup>  | American Axle & Manufacturing, Inc.<sup>(a)</sup>  | American Axle & Manufacturing, Inc.<sup>(a)</sup>  |
| 10/15/2032 | &nbsp;&nbsp; 6.375% | 259000 | &nbsp;&nbsp; 256277 |
| 10/15/2033 | &nbsp;&nbsp; 7.750% | 2502000 | &nbsp;&nbsp; 2436100 |
| Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 6.750% | 392000 | &nbsp;&nbsp; 399311 |
| 09/15/2032 | &nbsp;&nbsp; 6.750% | 449000 | &nbsp;&nbsp; 452792 |
| Forvia SE<sup>(a)</sup>  | Forvia SE<sup>(a)</sup>  | Forvia SE<sup>(a)</sup>  | Forvia SE<sup>(a)</sup>  |
| 09/15/2033 | &nbsp;&nbsp; 6.750% | 254000 | &nbsp;&nbsp; 247815 |
| IHO Verwaltungs GmbH<sup>(a),(i)</sup>  | IHO Verwaltungs GmbH<sup>(a),(i)</sup>  | IHO Verwaltungs GmbH<sup>(a),(i)</sup>  | IHO Verwaltungs GmbH<sup>(a),(i)</sup>  |
| 11/15/2032 | &nbsp;&nbsp; 8.000% | 526000 | &nbsp;&nbsp; 541492 |
| Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  | Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  | Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  | Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  |
| 09/30/2030 | &nbsp;&nbsp; 6.125% | 242000 | &nbsp;&nbsp; 232758 |
| Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  |
| 07/17/2032 | &nbsp;&nbsp; 7.750% | 203000 | &nbsp;&nbsp; 205580 |
| 07/17/2035 | &nbsp;&nbsp; 8.125% | 593000 | &nbsp;&nbsp; 611001 |
| ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  |
| 04/14/2030 | &nbsp;&nbsp; 7.125% | 213000 | &nbsp;&nbsp; 210249 |
| 03/24/2031 | &nbsp;&nbsp; 7.500% | 2433000 | &nbsp;&nbsp; 2387063 |
| 04/23/2032 | &nbsp;&nbsp; 6.875% | 1211000 | &nbsp;&nbsp; 1155088 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **9135526** |
| **Banking 4.6%** | **Banking 4.6%** | **Banking 4.6%** | **Banking 4.6%** |
| Ally Financial, Inc.<sup>(j)</sup>  | Ally Financial, Inc.<sup>(j)</sup>  | Ally Financial, Inc.<sup>(j)</sup>  | Ally Financial, Inc.<sup>(j)</sup>  |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 01/17/2040 | &nbsp;&nbsp; 6.646% | 173000 | &nbsp;&nbsp; 166843 |
| Bank of America Corp.<sup>(j)</sup>  | Bank of America Corp.<sup>(j)</sup>  | Bank of America Corp.<sup>(j)</sup>  | Bank of America Corp.<sup>(j)</sup>  |
| 07/21/2032 | &nbsp;&nbsp; 2.299% | 6000 | &nbsp;&nbsp; 5294 |
| 10/20/2032 | &nbsp;&nbsp; 2.572% | 24168000 | &nbsp;&nbsp; 21514708 |
| 02/04/2033 | &nbsp;&nbsp; 2.972% | 10000000 | &nbsp;&nbsp; 9051251 |
| Citigroup, Inc.<sup>(j)</sup>  | Citigroup, Inc.<sup>(j)</sup>  | Citigroup, Inc.<sup>(j)</sup>  | Citigroup, Inc.<sup>(j)</sup>  |
| 09/11/2031 | &nbsp;&nbsp; 4.503% | 4517000 | &nbsp;&nbsp; 4463001 |
| 09/11/2036 | &nbsp;&nbsp; 5.174% | 9398000 | &nbsp;&nbsp; 9307065 |
| Goldman Sachs Group, Inc. (The)<sup>(j)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(j)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(j)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(j)</sup>  |
| 10/21/2031 | &nbsp;&nbsp; 4.369% | 4909000 | &nbsp;&nbsp; 4812827 |
| 01/21/2032 | &nbsp;&nbsp; 4.516% | 4491000 | &nbsp;&nbsp; 4423712 |
| HSBC Holdings PLC<sup>(j)</sup>  | HSBC Holdings PLC<sup>(j)</sup>  | HSBC Holdings PLC<sup>(j)</sup>  | HSBC Holdings PLC<sup>(j)</sup>  |
| 03/10/2037 | &nbsp;&nbsp; 5.279% | 10806000 | &nbsp;&nbsp; 10609196 |
| JPMorgan Chase & Co.<sup>(j)</sup>  | JPMorgan Chase & Co.<sup>(j)</sup>  | JPMorgan Chase & Co.<sup>(j)</sup>  | JPMorgan Chase & Co.<sup>(j)</sup>  |
| 07/22/2030 | &nbsp;&nbsp; 4.995% | 15301000 | &nbsp;&nbsp; 15520099 |
| 10/22/2031 | &nbsp;&nbsp; 4.255% | 6619000 | &nbsp;&nbsp; 6516053 |
| 01/22/2032 | &nbsp;&nbsp; 4.347% | 6589000 | &nbsp;&nbsp; 6495429 |
| 10/22/2036 | &nbsp;&nbsp; 4.810% | 1722000 | &nbsp;&nbsp; 1671506 |
| 01/22/2037 | &nbsp;&nbsp; 4.898% | 2104000 | &nbsp;&nbsp; 2058309 |
| Morgan Stanley<sup>(j)</sup>  | Morgan Stanley<sup>(j)</sup>  | Morgan Stanley<sup>(j)</sup>  | Morgan Stanley<sup>(j)</sup>  |
| 01/16/2032 | &nbsp;&nbsp; 4.493% | 5167000 | &nbsp;&nbsp; 5082089 |
| 03/12/2032 | &nbsp;&nbsp; 4.708% | 7647000 | &nbsp;&nbsp; 7595267 |
| 01/30/2037 | &nbsp;&nbsp; 5.073% | 4159000 | &nbsp;&nbsp; 4073459 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 09/16/2036 | &nbsp;&nbsp; 2.484% | 8623000 | &nbsp;&nbsp; 7417958 |
| PNC Financial Services Group, Inc. (The)<sup>(j)</sup>  | PNC Financial Services Group, Inc. (The)<sup>(j)</sup>  | PNC Financial Services Group, Inc. (The)<sup>(j)</sup>  | PNC Financial Services Group, Inc. (The)<sup>(j)</sup>  |
| 10/20/2034 | &nbsp;&nbsp; 6.875% | 1658000 | &nbsp;&nbsp; 1829612 |
| Royal Bank of Canada<sup>(j)</sup>  | Royal Bank of Canada<sup>(j)</sup>  | Royal Bank of Canada<sup>(j)</sup>  | Royal Bank of Canada<sup>(j)</sup>  |
| 02/04/2031 | &nbsp;&nbsp; 5.153% | 1398000 | &nbsp;&nbsp; 1420170 |
| 08/06/2031 | &nbsp;&nbsp; 4.696% | 1243000 | &nbsp;&nbsp; 1241102 |
| Wells Fargo & Co.<sup>(j)</sup>  | Wells Fargo & Co.<sup>(j)</sup>  | Wells Fargo & Co.<sup>(j)</sup>  | Wells Fargo & Co.<sup>(j)</sup>  |
| 03/02/2033 | &nbsp;&nbsp; 3.350% | 162000 | &nbsp;&nbsp; 148629 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **125423579** |
| **Brokerage/Asset Managers/Exchanges 0.2%** | **Brokerage/Asset Managers/Exchanges 0.2%** | **Brokerage/Asset Managers/Exchanges 0.2%** | **Brokerage/Asset Managers/Exchanges 0.2%** |
| Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  |
| 08/15/2030 | &nbsp;&nbsp; 10.000% | 532000 | &nbsp;&nbsp; 565134 |
| Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 7.500% | 456000 | &nbsp;&nbsp; 451558 |
| Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  |
| 09/15/2031 | &nbsp;&nbsp; 6.750% | 520000 | &nbsp;&nbsp; 517278 |
| Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.750% | 563000 | &nbsp;&nbsp; 551400 |
| 01/31/2030 | &nbsp;&nbsp; 9.125% | 803000 | &nbsp;&nbsp; 818637 |
| Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 6.750% | 736000 | &nbsp;&nbsp; 735129 |
| 08/01/2033 | &nbsp;&nbsp; 8.000% | 770000 | &nbsp;&nbsp; 760295 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4399431** |
| **Building Materials 0.2%** | **Building Materials 0.2%** | **Building Materials 0.2%** | **Building Materials 0.2%** |
| CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  |
| 07/15/2030 | &nbsp;&nbsp; 9.750% | 248000 | &nbsp;&nbsp; 233519 |
| JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  |
| 01/31/2031 | &nbsp;&nbsp; 5.875% | 134000 | &nbsp;&nbsp; 133553 |
| LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  |
| 01/15/2029 | &nbsp;&nbsp; 6.250% | 228000 | &nbsp;&nbsp; 166963 |
| 06/15/2031 | &nbsp;&nbsp; 9.500% | 512000 | &nbsp;&nbsp; 445465 |
| Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  |
| 03/01/2032 | &nbsp;&nbsp; 6.375% | 983000 | &nbsp;&nbsp; 999141 |
| 03/01/2033 | &nbsp;&nbsp; 6.750% | 736000 | &nbsp;&nbsp; 747596 |
| QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  |
| 04/30/2032 | &nbsp;&nbsp; 6.750% | 610000 | &nbsp;&nbsp; 622291 |
| Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 6.500% | 213000 | &nbsp;&nbsp; 214059 |
| 08/01/2033 | &nbsp;&nbsp; 6.250% | 267000 | &nbsp;&nbsp; 264304 |
| Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 4.750% | 330000 | &nbsp;&nbsp; 326641 |
| White Cap Supply Holdings LLC<sup>(a)</sup>  | White Cap Supply Holdings LLC<sup>(a)</sup>  | White Cap Supply Holdings LLC<sup>(a)</sup>  | White Cap Supply Holdings LLC<sup>(a)</sup>  |
| 11/15/2030 | &nbsp;&nbsp; 7.375% | 904000 | &nbsp;&nbsp; 877462 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5030994** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Cable and Satellite 0.7%** | **Cable and Satellite 0.7%** | **Cable and Satellite 0.7%** | **Cable and Satellite 0.7%** |
| CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  |
| 05/01/2027 | &nbsp;&nbsp; 5.125% | 351000 | &nbsp;&nbsp; 351064 |
| 02/01/2028 | &nbsp;&nbsp; 5.000% | 687000 | &nbsp;&nbsp; 680674 |
| 03/01/2030 | &nbsp;&nbsp; 4.750% | 1262000 | &nbsp;&nbsp; 1196983 |
| 08/15/2030 | &nbsp;&nbsp; 4.500% | 823000 | &nbsp;&nbsp; 768108 |
| 02/01/2031 | &nbsp;&nbsp; 4.250% | 481000 | &nbsp;&nbsp; 437599 |
| 03/01/2031 | &nbsp;&nbsp; 7.375% | 120000 | &nbsp;&nbsp; 122145 |
| 02/01/2032 | &nbsp;&nbsp; 4.750% | 1269000 | &nbsp;&nbsp; 1150363 |
| 02/01/2033 | &nbsp;&nbsp; 7.000% | 546000 | &nbsp;&nbsp; 548359 |
| 01/15/2034 | &nbsp;&nbsp; 4.250% | 991000 | &nbsp;&nbsp; 847836 |
| 02/01/2036 | &nbsp;&nbsp; 7.375% | 227000 | &nbsp;&nbsp; 225863 |
| CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. |
| 05/01/2032 | &nbsp;&nbsp; 4.500% | 652000 | &nbsp;&nbsp; 582990 |
| Charter Communications Operating LLC | Charter Communications Operating LLC | Charter Communications Operating LLC | Charter Communications Operating LLC |
| 12/01/2061 | &nbsp;&nbsp; 4.400% | 4780000 | &nbsp;&nbsp; 3076296 |
| 06/30/2062 | &nbsp;&nbsp; 3.950% | 2345000 | &nbsp;&nbsp; 1380404 |
| CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  |
| 04/15/2027 | &nbsp;&nbsp; 5.500% | 200000 | &nbsp;&nbsp; 173563 |
| 02/01/2028 | &nbsp;&nbsp; 5.375% | 789000 | &nbsp;&nbsp; 584071 |
| 02/01/2029 | &nbsp;&nbsp; 6.500% | 341000 | &nbsp;&nbsp; 217657 |
| 01/15/2030 | &nbsp;&nbsp; 5.750% | 453000 | &nbsp;&nbsp; 170197 |
| 12/01/2030 | &nbsp;&nbsp; 4.125% | 830000 | &nbsp;&nbsp; 497673 |
| 12/01/2030 | &nbsp;&nbsp; 4.625% | 557000 | &nbsp;&nbsp; 197638 |
| 11/15/2031 | &nbsp;&nbsp; 5.000% | 244000 | &nbsp;&nbsp; 85567 |
| DirecTV Financing LLC<sup>(a)</sup>  | DirecTV Financing LLC<sup>(a)</sup>  | DirecTV Financing LLC<sup>(a)</sup>  | DirecTV Financing LLC<sup>(a)</sup>  |
| 02/01/2030 | &nbsp;&nbsp; 8.875% | 24000 | &nbsp;&nbsp; 23951 |
| DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. |
| 07/01/2028 | &nbsp;&nbsp; 7.375% | 71000 | &nbsp;&nbsp; 68862 |
| 06/01/2029 | &nbsp;&nbsp; 5.125% | 342000 | &nbsp;&nbsp; 305633 |
| DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  |
| 12/01/2028 | &nbsp;&nbsp; 5.750% | 406000 | &nbsp;&nbsp; 393165 |
| DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  |
| 11/15/2027 | &nbsp;&nbsp; 11.750% | 1488000 | &nbsp;&nbsp; 1532967 |
| EchoStar Corp. | EchoStar Corp. | EchoStar Corp. | EchoStar Corp. |
| 11/30/2029 | &nbsp;&nbsp; 10.750% | 1019893 | &nbsp;&nbsp; 1101485 |
| EchoStar Corp.<sup>(i)</sup>  | EchoStar Corp.<sup>(i)</sup>  | EchoStar Corp.<sup>(i)</sup>  | EchoStar Corp.<sup>(i)</sup>  |
| 11/30/2030 | &nbsp;&nbsp; 6.750% | 676433 | &nbsp;&nbsp; 683838 |
| Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  |
| 08/01/2027 | &nbsp;&nbsp; 5.000% | 1057000 | &nbsp;&nbsp; 1055315 |
| 07/01/2030 | &nbsp;&nbsp; 4.125% | 192000 | &nbsp;&nbsp; 180303 |
| Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  |
| 07/15/2030 | &nbsp;&nbsp; 5.000% | 513000 | &nbsp;&nbsp; 420723 |
| VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 5.000% | 1452000 | &nbsp;&nbsp; 1248499 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **20309791** |
| **Chemicals 1.0%** | **Chemicals 1.0%** | **Chemicals 1.0%** | **Chemicals 1.0%** |
| Ashland LLC<sup>(a)</sup>  | Ashland LLC<sup>(a)</sup>  | Ashland LLC<sup>(a)</sup>  | Ashland LLC<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 3.375% | 870000 | &nbsp;&nbsp; 780126 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 7.125% | 208000 | &nbsp;&nbsp; 211042 |
| 11/01/2031 | &nbsp;&nbsp; 6.250% | 209000 | &nbsp;&nbsp; 210412 |
| Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems Dutch Holding B BV<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 7.250% | 303000 | &nbsp;&nbsp; 317213 |
| Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC |
| 04/15/2030 | &nbsp;&nbsp; 6.500% | 50000 | &nbsp;&nbsp; 50965 |
| 02/15/2031 | &nbsp;&nbsp; 7.000% | 228000 | &nbsp;&nbsp; 233950 |
| 07/15/2032 | &nbsp;&nbsp; 6.879% | 63000 | &nbsp;&nbsp; 65788 |
| 04/15/2033 | &nbsp;&nbsp; 6.750% | 310000 | &nbsp;&nbsp; 317967 |
| 11/15/2033 | &nbsp;&nbsp; 7.200% | 284000 | &nbsp;&nbsp; 303290 |
| 02/15/2034 | &nbsp;&nbsp; 7.375% | 296000 | &nbsp;&nbsp; 303646 |
| Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  |
| 09/01/2028 | &nbsp;&nbsp; 3.875% | 620000 | &nbsp;&nbsp; 603429 |
| HB Fuller Co. | HB Fuller Co. | HB Fuller Co. | HB Fuller Co. |
| 10/15/2028 | &nbsp;&nbsp; 4.250% | 449000 | &nbsp;&nbsp; 434045 |
| INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 6.750% | 3630000 | &nbsp;&nbsp; 3509654 |
| 04/15/2029 | &nbsp;&nbsp; 7.500% | 4597000 | &nbsp;&nbsp; 4460717 |
| INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 9.625% | 1193000 | &nbsp;&nbsp; 980217 |
| Ingevity Corp.<sup>(a)</sup>  | Ingevity Corp.<sup>(a)</sup>  | Ingevity Corp.<sup>(a)</sup>  | Ingevity Corp.<sup>(a)</sup>  |
| 11/01/2028 | &nbsp;&nbsp; 3.875% | 269000 | &nbsp;&nbsp; 257970 |
| Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 11.500% | 1300806 | &nbsp;&nbsp; 1082850 |
| Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 6.750% | 671000 | &nbsp;&nbsp; 639345 |
| Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 4.250% | 591000 | &nbsp;&nbsp; 566161 |
| 10/01/2029 | &nbsp;&nbsp; 6.250% | 567000 | &nbsp;&nbsp; 537894 |
| 06/15/2031 | &nbsp;&nbsp; 7.250% | 1031000 | &nbsp;&nbsp; 1008193 |
| 02/15/2033 | &nbsp;&nbsp; 7.250% | 3371000 | &nbsp;&nbsp; 3221963 |
| Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 5.750% | 246000 | &nbsp;&nbsp; 246307 |
| 08/15/2033 | &nbsp;&nbsp; 6.250% | 198000 | &nbsp;&nbsp; 200880 |
| Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 4.625% | 427000 | &nbsp;&nbsp; 342081 |
| 09/30/2030 | &nbsp;&nbsp; 9.125% | 826000 | &nbsp;&nbsp; 824781 |
| W.R. Grace Holdings LLC<sup>(a)</sup>  | W.R. Grace Holdings LLC<sup>(a)</sup>  | W.R. Grace Holdings LLC<sup>(a)</sup>  | W.R. Grace Holdings LLC<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 5.625% | 3074000 | &nbsp;&nbsp; 2822915 |
| 03/01/2031 | &nbsp;&nbsp; 7.375% | 275000 | &nbsp;&nbsp; 275565 |
| 08/15/2032 | &nbsp;&nbsp; 6.625% | 2329000 | &nbsp;&nbsp; 2269561 |
| 08/01/2033 | &nbsp;&nbsp; 7.000% | 208000 | &nbsp;&nbsp; 202661 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **27281588** |
| **Construction Machinery 0.2%** | **Construction Machinery 0.2%** | **Construction Machinery 0.2%** | **Construction Machinery 0.2%** |
| Caterpillar, Inc. | Caterpillar, Inc. | Caterpillar, Inc. | Caterpillar, Inc. |
| 05/15/2035 | &nbsp;&nbsp; 5.200% | 3060000 | &nbsp;&nbsp; 3132993 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 7.000% | 480000 | &nbsp;&nbsp; 492579 |
| 03/15/2031 | &nbsp;&nbsp; 5.750% | 130000 | &nbsp;&nbsp; 128114 |
| 06/15/2033 | &nbsp;&nbsp; 7.250% | 1195000 | &nbsp;&nbsp; 1226934 |
| 03/15/2034 | &nbsp;&nbsp; 6.000% | 361000 | &nbsp;&nbsp; 348840 |
| Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  |
| 03/15/2028 | &nbsp;&nbsp; 6.750% | 319000 | &nbsp;&nbsp; 323997 |
| 03/15/2031 | &nbsp;&nbsp; 7.750% | 176000 | &nbsp;&nbsp; 182928 |
| Synergy Infrastructure Holdings LLC<sup>(a)</sup>  | Synergy Infrastructure Holdings LLC<sup>(a)</sup>  | Synergy Infrastructure Holdings LLC<sup>(a)</sup>  | Synergy Infrastructure Holdings LLC<sup>(a)</sup>  |
| 12/01/2030 | &nbsp;&nbsp; 7.875% | 412000 | &nbsp;&nbsp; 420170 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6256555** |
| **Consumer Cyclical Services 0.1%** | **Consumer Cyclical Services 0.1%** | **Consumer Cyclical Services 0.1%** | **Consumer Cyclical Services 0.1%** |
| Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.250% | 408000 | &nbsp;&nbsp; 393322 |
| 12/01/2028 | &nbsp;&nbsp; 6.125% | 1276000 | &nbsp;&nbsp; 1222834 |
| Garda World Security Corp.<sup>(a)</sup>  | Garda World Security Corp.<sup>(a)</sup>  | Garda World Security Corp.<sup>(a)</sup>  | Garda World Security Corp.<sup>(a)</sup>  |
| 11/15/2032 | &nbsp;&nbsp; 8.375% | 228000 | &nbsp;&nbsp; 228774 |
| Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  |
| 10/01/2031 | &nbsp;&nbsp; 3.625% | 243000 | &nbsp;&nbsp; 215857 |
| Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.625% | 543000 | &nbsp;&nbsp; 531084 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2591871** |
| **Consumer Products 0.1%** | **Consumer Products 0.1%** | **Consumer Products 0.1%** | **Consumer Products 0.1%** |
| CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 9.500% | 222000 | &nbsp;&nbsp; 188267 |
| Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 8.500% | 72000 | &nbsp;&nbsp; 74456 |
| Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. |
| 05/15/2030 | &nbsp;&nbsp; 6.375% | 402000 | &nbsp;&nbsp; 387112 |
| 05/15/2032 | &nbsp;&nbsp; 6.625% | 549000 | &nbsp;&nbsp; 524798 |
| Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  |
| 03/31/2032 | &nbsp;&nbsp; 6.500% | 266000 | &nbsp;&nbsp; 266179 |
| Whirlpool Corp. | Whirlpool Corp. | Whirlpool Corp. | Whirlpool Corp. |
| 06/15/2030 | &nbsp;&nbsp; 6.125% | 109000 | &nbsp;&nbsp; 106379 |
| 06/15/2033 | &nbsp;&nbsp; 6.500% | 114000 | &nbsp;&nbsp; 108358 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1655549** |
| **Diversified Manufacturing 0.3%** | **Diversified Manufacturing 0.3%** | **Diversified Manufacturing 0.3%** | **Diversified Manufacturing 0.3%** |
| Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.375% | 41000 | &nbsp;&nbsp; 41246 |
| Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  |
| 01/01/2030 | &nbsp;&nbsp; 7.500% | 234000 | &nbsp;&nbsp; 243115 |
| Columbus McKinnon Corp.<sup>(a)</sup>  | Columbus McKinnon Corp.<sup>(a)</sup>  | Columbus McKinnon Corp.<sup>(a)</sup>  | Columbus McKinnon Corp.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 7.125% | 130000 | &nbsp;&nbsp; 129733 |
| Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 6.625% | 854000 | &nbsp;&nbsp; 869408 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 6.750% | 238000 | &nbsp;&nbsp; 245102 |
| Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.250% | 180000 | &nbsp;&nbsp; 182340 |
| Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 6.875% | 312000 | &nbsp;&nbsp; 319709 |
| Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  |
| 06/30/2029 | &nbsp;&nbsp; 5.875% | 674000 | &nbsp;&nbsp; 662130 |
| Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  |
| 09/01/2029 | &nbsp;&nbsp; 4.000% | 383000 | &nbsp;&nbsp; 361988 |
| Siemens Funding BV<sup>(a)</sup>  | Siemens Funding BV<sup>(a)</sup>  | Siemens Funding BV<sup>(a)</sup>  | Siemens Funding BV<sup>(a)</sup>  |
| 05/28/2030 | &nbsp;&nbsp; 4.600% | 4004000 | &nbsp;&nbsp; 4036355 |
| WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  |
| 06/15/2028 | &nbsp;&nbsp; 7.250% | 237000 | &nbsp;&nbsp; 238346 |
| 03/15/2029 | &nbsp;&nbsp; 6.375% | 331000 | &nbsp;&nbsp; 336918 |
| 04/15/2031 | &nbsp;&nbsp; 5.250% | 151000 | &nbsp;&nbsp; 150047 |
| 03/15/2032 | &nbsp;&nbsp; 6.625% | 425000 | &nbsp;&nbsp; 434699 |
| 03/15/2033 | &nbsp;&nbsp; 6.375% | 86000 | &nbsp;&nbsp; 87678 |
| 04/15/2034 | &nbsp;&nbsp; 5.500% | 253000 | &nbsp;&nbsp; 249367 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **8588181** |
| **Electric 1.4%** | **Electric 1.4%** | **Electric 1.4%** | **Electric 1.4%** |
| AEP Texas, Inc. | AEP Texas, Inc. | AEP Texas, Inc. | AEP Texas, Inc. |
| 01/15/2050 | &nbsp;&nbsp; 3.450% | 2930000 | &nbsp;&nbsp; 1959406 |
| Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  |
| 10/15/2032 | &nbsp;&nbsp; 6.750% | 133000 | &nbsp;&nbsp; 135064 |
| 01/15/2034 | &nbsp;&nbsp; 6.250% | 252000 | &nbsp;&nbsp; 248117 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 6.375% | 430000 | &nbsp;&nbsp; 420316 |
| Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  |
| 03/15/2028 | &nbsp;&nbsp; 4.750% | 447000 | &nbsp;&nbsp; 441647 |
| 02/15/2031 | &nbsp;&nbsp; 3.750% | 649000 | &nbsp;&nbsp; 602038 |
| 01/15/2032 | &nbsp;&nbsp; 3.750% | 397000 | &nbsp;&nbsp; 362580 |
| 01/15/2034 | &nbsp;&nbsp; 5.750% | 220000 | &nbsp;&nbsp; 216707 |
| Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. |
| 03/15/2035 | &nbsp;&nbsp; 5.450% | 3486000 | &nbsp;&nbsp; 3517166 |
| DTE Energy Co. | DTE Energy Co. | DTE Energy Co. | DTE Energy Co. |
| 07/01/2027 | &nbsp;&nbsp; 4.950% | 5345000 | &nbsp;&nbsp; 5381490 |
| Edison International | Edison International | Edison International | Edison International |
| 11/15/2028 | &nbsp;&nbsp; 5.250% | 4956000 | &nbsp;&nbsp; 4993016 |
| Leeward Renewable Energy Operations LLC<sup>(a)</sup>  | Leeward Renewable Energy Operations LLC<sup>(a)</sup>  | Leeward Renewable Energy Operations LLC<sup>(a)</sup>  | Leeward Renewable Energy Operations LLC<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.250% | 238000 | &nbsp;&nbsp; 222237 |
| Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.750% | 487000 | &nbsp;&nbsp; 510752 |
| NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. |
| 03/15/2035 | &nbsp;&nbsp; 5.450% | 4960000 | &nbsp;&nbsp; 5052624 |
| NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  |
| 01/15/2029 | &nbsp;&nbsp; 7.250% | 754000 | &nbsp;&nbsp; 778756 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  |
| 07/15/2029 | &nbsp;&nbsp; 5.750% | 34000 | &nbsp;&nbsp; 33948 |
| 02/15/2031 | &nbsp;&nbsp; 3.625% | 791000 | &nbsp;&nbsp; 730517 |
| 02/01/2033 | &nbsp;&nbsp; 6.000% | 327000 | &nbsp;&nbsp; 328161 |
| 01/15/2034 | &nbsp;&nbsp; 5.750% | 374000 | &nbsp;&nbsp; 369755 |
| 11/01/2034 | &nbsp;&nbsp; 6.250% | 425000 | &nbsp;&nbsp; 428057 |
| 01/15/2036 | &nbsp;&nbsp; 6.000% | 374000 | &nbsp;&nbsp; 370583 |
| Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. |
| 07/01/2050 | &nbsp;&nbsp; 4.950% | 4180000 | &nbsp;&nbsp; 3472054 |
| Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.500% | 229000 | &nbsp;&nbsp; 224113 |
| PG&E Corp.<sup>(j)</sup>  | PG&E Corp.<sup>(j)</sup>  | PG&E Corp.<sup>(j)</sup>  | PG&E Corp.<sup>(j)</sup>  |
| 03/15/2055 | &nbsp;&nbsp; 7.375% | 317000 | &nbsp;&nbsp; 318784 |
| 09/15/2056 | &nbsp;&nbsp; 6.850% | 102000 | &nbsp;&nbsp; 100460 |
| Talen Energy Supply LLC<sup>(a)</sup>  | Talen Energy Supply LLC<sup>(a)</sup>  | Talen Energy Supply LLC<sup>(a)</sup>  | Talen Energy Supply LLC<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 6.250% | 441000 | &nbsp;&nbsp; 438001 |
| 02/01/2036 | &nbsp;&nbsp; 6.500% | 441000 | &nbsp;&nbsp; 444461 |
| TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  |
| 01/31/2028 | &nbsp;&nbsp; 5.000% | 551000 | &nbsp;&nbsp; 545098 |
| 01/15/2030 | &nbsp;&nbsp; 4.750% | 650000 | &nbsp;&nbsp; 624682 |
| Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  |
| 02/15/2027 | &nbsp;&nbsp; 5.625% | 222000 | &nbsp;&nbsp; 221986 |
| 05/01/2029 | &nbsp;&nbsp; 4.375% | 1403000 | &nbsp;&nbsp; 1369958 |
| 10/15/2031 | &nbsp;&nbsp; 7.750% | 835000 | &nbsp;&nbsp; 874808 |
| VoltaGrid LLC<sup>(a)</sup>  | VoltaGrid LLC<sup>(a)</sup>  | VoltaGrid LLC<sup>(a)</sup>  | VoltaGrid LLC<sup>(a)</sup>  |
| 11/01/2030 | &nbsp;&nbsp; 7.375% | 154000 | &nbsp;&nbsp; 158908 |
| XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 8.375% | 554000 | &nbsp;&nbsp; 584420 |
| 03/15/2033 | &nbsp;&nbsp; 8.625% | 665000 | &nbsp;&nbsp; 703116 |
| 04/15/2034 | &nbsp;&nbsp; 7.750% | 424000 | &nbsp;&nbsp; 437855 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **37621641** |
| **Environmental 0.0%** | **Environmental 0.0%** | **Environmental 0.0%** | **Environmental 0.0%** |
| GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 6.750% | 393000 | &nbsp;&nbsp; 407062 |
| Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 7.000% | 805000 | &nbsp;&nbsp; 816210 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1223272** |
| **Finance Companies 0.5%** | **Finance Companies 0.5%** | **Finance Companies 0.5%** | **Finance Companies 0.5%** |
| Bread Financial Holdings, Inc.<sup>(a)</sup>  | Bread Financial Holdings, Inc.<sup>(a)</sup>  | Bread Financial Holdings, Inc.<sup>(a)</sup>  | Bread Financial Holdings, Inc.<sup>(a)</sup>  |
| 05/15/2031 | &nbsp;&nbsp; 6.750% | 110000 | &nbsp;&nbsp; 109153 |
| CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  | CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  | CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  | CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  |
| 10/01/2030 | &nbsp;&nbsp; 6.500% | 257000 | &nbsp;&nbsp; 244971 |
| GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  |
| 02/15/2027 | &nbsp;&nbsp; 8.000% | 513000 | &nbsp;&nbsp; 517668 |
| 04/15/2029 | &nbsp;&nbsp; 6.875% | 344000 | &nbsp;&nbsp; 352030 |
| 03/15/2030 | &nbsp;&nbsp; 5.875% | 326000 | &nbsp;&nbsp; 325616 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 7.625% | 336000 | &nbsp;&nbsp; 295749 |
| 05/15/2030 | &nbsp;&nbsp; 6.875% | 74000 | &nbsp;&nbsp; 61178 |
| 10/01/2030 | &nbsp;&nbsp; 7.375% | 74000 | &nbsp;&nbsp; 61250 |
| Navient Corp. | Navient Corp. | Navient Corp. | Navient Corp. |
| 03/15/2029 | &nbsp;&nbsp; 5.500% | 582000 | &nbsp;&nbsp; 536316 |
| 03/15/2031 | &nbsp;&nbsp; 11.500% | 248000 | &nbsp;&nbsp; 251773 |
| OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. |
| 05/15/2029 | &nbsp;&nbsp; 6.625% | 697000 | &nbsp;&nbsp; 700254 |
| 03/15/2030 | &nbsp;&nbsp; 7.875% | 200000 | &nbsp;&nbsp; 206373 |
| 09/15/2030 | &nbsp;&nbsp; 4.000% | 356000 | &nbsp;&nbsp; 321071 |
| 05/15/2031 | &nbsp;&nbsp; 7.500% | 414000 | &nbsp;&nbsp; 418168 |
| 03/15/2032 | &nbsp;&nbsp; 6.750% | 618000 | &nbsp;&nbsp; 600235 |
| 09/15/2032 | &nbsp;&nbsp; 7.125% | 464000 | &nbsp;&nbsp; 457181 |
| 03/15/2033 | &nbsp;&nbsp; 6.500% | 606000 | &nbsp;&nbsp; 579844 |
| 09/15/2033 | &nbsp;&nbsp; 6.750% | 710000 | &nbsp;&nbsp; 682246 |
| Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  |
| 09/15/2029 | &nbsp;&nbsp; 9.750% | 1247000 | &nbsp;&nbsp; 1280359 |
| Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 6.125% | 276000 | &nbsp;&nbsp; 278708 |
| 08/01/2033 | &nbsp;&nbsp; 6.375% | 351000 | &nbsp;&nbsp; 354664 |
| Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  |
| 10/15/2033 | &nbsp;&nbsp; 4.000% | 1222000 | &nbsp;&nbsp; 1096159 |
| United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  |
| 06/15/2027 | &nbsp;&nbsp; 5.750% | 251000 | &nbsp;&nbsp; 247128 |
| 04/15/2029 | &nbsp;&nbsp; 5.500% | 754000 | &nbsp;&nbsp; 705658 |
| UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  |
| 02/01/2030 | &nbsp;&nbsp; 6.625% | 1019000 | &nbsp;&nbsp; 960995 |
| 03/15/2031 | &nbsp;&nbsp; 6.250% | 785000 | &nbsp;&nbsp; 714926 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **12359673** |
| **Food and Beverage 1.5%** | **Food and Beverage 1.5%** | **Food and Beverage 1.5%** | **Food and Beverage 1.5%** |
| Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 4.700% | 1513000 | &nbsp;&nbsp; 1510430 |
| 05/15/2048 | &nbsp;&nbsp; 5.300% | 7277000 | &nbsp;&nbsp; 6314854 |
| Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  | Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  | Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  | Bacardi Ltd./Bacardi-Martini BV<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 5.400% | 10512000 | &nbsp;&nbsp; 10422031 |
| Bacardi-Martini BV<sup>(a)</sup>  | Bacardi-Martini BV<sup>(a)</sup>  | Bacardi-Martini BV<sup>(a)</sup>  | Bacardi-Martini BV<sup>(a)</sup>  |
| 02/01/2035 | &nbsp;&nbsp; 6.000% | 5217000 | &nbsp;&nbsp; 5284081 |
| Chobani Holdco II LLC<sup>(a),(i)</sup>  | Chobani Holdco II LLC<sup>(a),(i)</sup>  | Chobani Holdco II LLC<sup>(a),(i)</sup>  | Chobani Holdco II LLC<sup>(a),(i)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 8.750% | 800304 | &nbsp;&nbsp; 849099 |
| Constellation Brands, Inc. | Constellation Brands, Inc. | Constellation Brands, Inc. | Constellation Brands, Inc. |
| 08/01/2029 | &nbsp;&nbsp; 3.150% | 2223000 | &nbsp;&nbsp; 2126762 |
| General Mills, Inc. | General Mills, Inc. | General Mills, Inc. | General Mills, Inc. |
| 01/30/2027 | &nbsp;&nbsp; 4.700% | 2685000 | &nbsp;&nbsp; 2688009 |
| Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  |
| 01/31/2030 | &nbsp;&nbsp; 4.125% | 230000 | &nbsp;&nbsp; 219823 |
| Mars, Inc.<sup>(a)</sup>  | Mars, Inc.<sup>(a)</sup>  | Mars, Inc.<sup>(a)</sup>  | Mars, Inc.<sup>(a)</sup>  |
| 03/01/2035 | &nbsp;&nbsp; 5.200% | 7420000 | &nbsp;&nbsp; 7487477 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Performance Food Group, Inc.<sup>(a)</sup>  | Performance Food Group, Inc.<sup>(a)</sup>  | Performance Food Group, Inc.<sup>(a)</sup>  | Performance Food Group, Inc.<sup>(a)</sup>  |
| 09/15/2032 | &nbsp;&nbsp; 6.125% | 107000 | &nbsp;&nbsp; 107376 |
| Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  |
| 09/15/2031 | &nbsp;&nbsp; 4.500% | 689000 | &nbsp;&nbsp; 641341 |
| 02/15/2032 | &nbsp;&nbsp; 6.250% | 169000 | &nbsp;&nbsp; 171047 |
| 03/01/2033 | &nbsp;&nbsp; 6.375% | 157000 | &nbsp;&nbsp; 154898 |
| 10/15/2034 | &nbsp;&nbsp; 6.250% | 606000 | &nbsp;&nbsp; 593335 |
| 03/15/2036 | &nbsp;&nbsp; 6.500% | 154000 | &nbsp;&nbsp; 151027 |
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 6.250% | 537000 | &nbsp;&nbsp; 537964 |
| 04/30/2029 | &nbsp;&nbsp; 4.375% | 562000 | &nbsp;&nbsp; 546155 |
| Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 4.625% | 766000 | &nbsp;&nbsp; 737137 |
| US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  |
| 06/01/2030 | &nbsp;&nbsp; 4.625% | 560000 | &nbsp;&nbsp; 545496 |
| 01/15/2032 | &nbsp;&nbsp; 7.250% | 307000 | &nbsp;&nbsp; 318311 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **41406653** |
| **Gaming 0.3%** | **Gaming 0.3%** | **Gaming 0.3%** | **Gaming 0.3%** |
| Boyd Gaming Corp. | Boyd Gaming Corp. | Boyd Gaming Corp. | Boyd Gaming Corp. |
| 12/01/2027 | &nbsp;&nbsp; 4.750% | 326000 | &nbsp;&nbsp; 323183 |
| Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 7.000% | 452000 | &nbsp;&nbsp; 457896 |
| 02/15/2032 | &nbsp;&nbsp; 6.500% | 517000 | &nbsp;&nbsp; 511319 |
| 10/15/2032 | &nbsp;&nbsp; 6.000% | 473000 | &nbsp;&nbsp; 435377 |
| Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  |
| 10/01/2033 | &nbsp;&nbsp; 6.250% | 453000 | &nbsp;&nbsp; 443508 |
| MGM Resorts International | MGM Resorts International | MGM Resorts International | MGM Resorts International |
| 09/15/2029 | &nbsp;&nbsp; 6.125% | 315000 | &nbsp;&nbsp; 318152 |
| Midwest Gaming Borrower LLC<sup>(a)</sup>  | Midwest Gaming Borrower LLC<sup>(a)</sup>  | Midwest Gaming Borrower LLC<sup>(a)</sup>  | Midwest Gaming Borrower LLC<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 4.875% | 438000 | &nbsp;&nbsp; 425020 |
| Penn Entertainment, Inc.<sup>(a)</sup>  | Penn Entertainment, Inc.<sup>(a)</sup>  | Penn Entertainment, Inc.<sup>(a)</sup>  | Penn Entertainment, Inc.<sup>(a)</sup>  |
| 04/01/2031 | &nbsp;&nbsp; 6.750% | 286000 | &nbsp;&nbsp; 277864 |
| Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.125% | 1172000 | &nbsp;&nbsp; 1096565 |
| Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 6.625% | 756000 | &nbsp;&nbsp; 752754 |
| Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  | Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  | Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  | Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 6.250% | 335000 | &nbsp;&nbsp; 334516 |
| Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  |
| 03/01/2030 | &nbsp;&nbsp; 6.625% | 1533000 | &nbsp;&nbsp; 1325152 |
| Scientific Games International, Inc.<sup>(a)</sup>  | Scientific Games International, Inc.<sup>(a)</sup>  | Scientific Games International, Inc.<sup>(a)</sup>  | Scientific Games International, Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 7.250% | 411000 | &nbsp;&nbsp; 419605 |
| Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  |
| 07/01/2032 | &nbsp;&nbsp; 9.250% | 660000 | &nbsp;&nbsp; 687209 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **7808120** |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Health Care 1.7%** | **Health Care 1.7%** | **Health Care 1.7%** | **Health Care 1.7%** |
| Abbott Laboratories | Abbott Laboratories | Abbott Laboratories | Abbott Laboratories |
| 03/15/2036 | &nbsp;&nbsp; 4.650% | 3510000 | &nbsp;&nbsp; 3429279 |
| Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 5.000% | 819000 | &nbsp;&nbsp; 798011 |
| 03/15/2033 | &nbsp;&nbsp; 7.375% | 730000 | &nbsp;&nbsp; 748656 |
| Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  |
| 11/01/2029 | &nbsp;&nbsp; 3.875% | 756000 | &nbsp;&nbsp; 709300 |
| Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 8.375% | 331000 | &nbsp;&nbsp; 342519 |
| CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.875% | 415000 | &nbsp;&nbsp; 398650 |
| 05/15/2030 | &nbsp;&nbsp; 5.250% | 681000 | &nbsp;&nbsp; 641671 |
| 02/15/2031 | &nbsp;&nbsp; 4.750% | 355000 | &nbsp;&nbsp; 327355 |
| 01/15/2032 | &nbsp;&nbsp; 10.875% | 247000 | &nbsp;&nbsp; 265365 |
| Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 6.875% | 1092000 | &nbsp;&nbsp; 1129839 |
| CVS Health Corp. | CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| 03/25/2038 | &nbsp;&nbsp; 4.780% | 3230000 | &nbsp;&nbsp; 2975300 |
| DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  |
| 07/15/2033 | &nbsp;&nbsp; 6.750% | 460000 | &nbsp;&nbsp; 468865 |
| GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. |
| 11/15/2027 | &nbsp;&nbsp; 5.650% | 11940000 | &nbsp;&nbsp; 12178058 |
| 12/15/2028 | &nbsp;&nbsp; 4.150% | 1812000 | &nbsp;&nbsp; 1799878 |
| HCA, Inc. | HCA, Inc. | HCA, Inc. | HCA, Inc. |
| 09/01/2030 | &nbsp;&nbsp; 3.500% | 12689000 | &nbsp;&nbsp; 12048957 |
| IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  |
| 06/01/2032 | &nbsp;&nbsp; 6.250% | 653000 | &nbsp;&nbsp; 662932 |
| LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 11.000% | 344000 | &nbsp;&nbsp; 370392 |
| Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 5.250% | 627000 | &nbsp;&nbsp; 621383 |
| Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  |
| 12/01/2032 | &nbsp;&nbsp; 6.250% | 310000 | &nbsp;&nbsp; 294655 |
| Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  |
| 10/01/2030 | &nbsp;&nbsp; 9.000% | 1102000 | &nbsp;&nbsp; 1144783 |
| Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 7.250% | 858000 | &nbsp;&nbsp; 841449 |
| Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. |
| 11/01/2027 | &nbsp;&nbsp; 5.125% | 428000 | &nbsp;&nbsp; 427620 |
| 06/15/2028 | &nbsp;&nbsp; 4.625% | 507000 | &nbsp;&nbsp; 502712 |
| 10/01/2028 | &nbsp;&nbsp; 6.125% | 240000 | &nbsp;&nbsp; 240582 |
| 01/15/2030 | &nbsp;&nbsp; 4.375% | 1050000 | &nbsp;&nbsp; 1016581 |
| 05/15/2031 | &nbsp;&nbsp; 6.750% | 370000 | &nbsp;&nbsp; 378700 |
| Tenet Healthcare Corp.<sup>(a)</sup>  | Tenet Healthcare Corp.<sup>(a)</sup>  | Tenet Healthcare Corp.<sup>(a)</sup>  | Tenet Healthcare Corp.<sup>(a)</sup>  |
| 11/15/2032 | &nbsp;&nbsp; 5.500% | 1275000 | &nbsp;&nbsp; 1263405 |
| 11/15/2033 | &nbsp;&nbsp; 6.000% | 356000 | &nbsp;&nbsp; 360636 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **46387533** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Healthcare Insurance 1.0%** | **Healthcare Insurance 1.0%** | **Healthcare Insurance 1.0%** | **Healthcare Insurance 1.0%** |
| Centene Corp. | Centene Corp. | Centene Corp. | Centene Corp. |
| 10/15/2030 | &nbsp;&nbsp; 3.000% | 12339000 | &nbsp;&nbsp; 10811292 |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. |
| 01/15/2031 | &nbsp;&nbsp; 4.650% | 2759000 | &nbsp;&nbsp; 2772351 |
| 04/15/2034 | &nbsp;&nbsp; 5.000% | 12181000 | &nbsp;&nbsp; 12183046 |
| 04/15/2054 | &nbsp;&nbsp; 5.375% | 2742000 | &nbsp;&nbsp; 2519699 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **28286388** |
| **Independent Energy 0.7%** | **Independent Energy 0.7%** | **Independent Energy 0.7%** | **Independent Energy 0.7%** |
| APA Corp. | APA Corp. | APA Corp. | APA Corp. |
| 02/15/2055 | &nbsp;&nbsp; 6.750% | 2461000 | &nbsp;&nbsp; 2472597 |
| Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  |
| 11/01/2030 | &nbsp;&nbsp; 8.625% | 90000 | &nbsp;&nbsp; 94799 |
| 07/01/2031 | &nbsp;&nbsp; 8.750% | 912000 | &nbsp;&nbsp; 954013 |
| 06/15/2033 | &nbsp;&nbsp; 9.625% | 960000 | &nbsp;&nbsp; 1062368 |
| CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  |
| 03/01/2032 | &nbsp;&nbsp; 7.250% | 315000 | &nbsp;&nbsp; 323685 |
| 03/01/2034 | &nbsp;&nbsp; 5.875% | 262000 | &nbsp;&nbsp; 255024 |
| Colgate Energy Partners III LLC<sup>(a)</sup>  | Colgate Energy Partners III LLC<sup>(a)</sup>  | Colgate Energy Partners III LLC<sup>(a)</sup>  | Colgate Energy Partners III LLC<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 5.875% | 548000 | &nbsp;&nbsp; 548733 |
| Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 5.875% | 343000 | &nbsp;&nbsp; 331099 |
| Crescent Energy Finance LLC<sup>(a)</sup>  | Crescent Energy Finance LLC<sup>(a)</sup>  | Crescent Energy Finance LLC<sup>(a)</sup>  | Crescent Energy Finance LLC<sup>(a)</sup>  |
| 04/01/2032 | &nbsp;&nbsp; 7.625% | 344000 | &nbsp;&nbsp; 348840 |
| 01/15/2033 | &nbsp;&nbsp; 7.375% | 292000 | &nbsp;&nbsp; 292073 |
| Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.250% | 542000 | &nbsp;&nbsp; 524262 |
| 11/01/2033 | &nbsp;&nbsp; 8.375% | 583000 | &nbsp;&nbsp; 607391 |
| 02/15/2035 | &nbsp;&nbsp; 7.250% | 663000 | &nbsp;&nbsp; 661127 |
| Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.500% | 528000 | &nbsp;&nbsp; 533618 |
| 04/15/2033 | &nbsp;&nbsp; 6.250% | 518000 | &nbsp;&nbsp; 518158 |
| 04/15/2034 | &nbsp;&nbsp; 6.000% | 217000 | &nbsp;&nbsp; 215502 |
| Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. |
| 10/01/2054 | &nbsp;&nbsp; 6.050% | 7062000 | &nbsp;&nbsp; 6859835 |
| Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 7.000% | 591000 | &nbsp;&nbsp; 613271 |
| 02/01/2033 | &nbsp;&nbsp; 6.250% | 687000 | &nbsp;&nbsp; 699578 |
| SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 6.750% | 324000 | &nbsp;&nbsp; 329111 |
| 08/01/2032 | &nbsp;&nbsp; 7.000% | 544000 | &nbsp;&nbsp; 555396 |
| 04/15/2034 | &nbsp;&nbsp; 6.625% | 343000 | &nbsp;&nbsp; 342815 |
| Vital Energy, Inc.<sup>(a)</sup>  | Vital Energy, Inc.<sup>(a)</sup>  | Vital Energy, Inc.<sup>(a)</sup>  | Vital Energy, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 7.875% | 114000 | &nbsp;&nbsp; 116620 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **19259915** |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Integrated Energy 0.4%** | **Integrated Energy 0.4%** | **Integrated Energy 0.4%** | **Integrated Energy 0.4%** |
| BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. |
| 11/17/2027 | &nbsp;&nbsp; 5.017% | 10150000 | &nbsp;&nbsp; 10288791 |
| **Leisure 0.3%** | **Leisure 0.3%** | **Leisure 0.3%** | **Leisure 0.3%** |
| Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 4.750% | 113000 | &nbsp;&nbsp; 109727 |
| Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  |
| 03/15/2030 | &nbsp;&nbsp; 5.750% | 193000 | &nbsp;&nbsp; 194472 |
| 08/01/2032 | &nbsp;&nbsp; 5.750% | 869000 | &nbsp;&nbsp; 869165 |
| 02/15/2033 | &nbsp;&nbsp; 6.125% | 187000 | &nbsp;&nbsp; 188746 |
| &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op |
| 10/01/2028 | &nbsp;&nbsp; 6.500% | 228000 | &nbsp;&nbsp; 226919 |
| Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  |
| 07/15/2028 | &nbsp;&nbsp; 5.250% | 174000 | &nbsp;&nbsp; 172793 |
| NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 5.875% | 598000 | &nbsp;&nbsp; 580896 |
| 02/01/2032 | &nbsp;&nbsp; 6.750% | 209000 | &nbsp;&nbsp; 207405 |
| 09/15/2033 | &nbsp;&nbsp; 6.250% | 457000 | &nbsp;&nbsp; 443819 |
| Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  |
| 05/15/2031 | &nbsp;&nbsp; 7.250% | 1170000 | &nbsp;&nbsp; 1129428 |
| &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  | &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  | &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  | &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 8.625% | 614000 | &nbsp;&nbsp; 615010 |
| Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  |
| 05/01/2032 | &nbsp;&nbsp; 6.625% | 698000 | &nbsp;&nbsp; 698054 |
| Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  |
| 05/15/2032 | &nbsp;&nbsp; 6.500% | 246000 | &nbsp;&nbsp; 248790 |
| Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 7.000% | 530000 | &nbsp;&nbsp; 530667 |
| 07/15/2031 | &nbsp;&nbsp; 9.125% | 622000 | &nbsp;&nbsp; 655654 |
| 10/15/2033 | &nbsp;&nbsp; 5.875% | 537000 | &nbsp;&nbsp; 531156 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **7402701** |
| **Life Insurance 0.2%** | **Life Insurance 0.2%** | **Life Insurance 0.2%** | **Life Insurance 0.2%** |
| Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  |
| 04/12/2029 | &nbsp;&nbsp; 5.250% | 4100000 | &nbsp;&nbsp; 4180082 |
| Peachtree Corners Funding Trust II<sup>(a)</sup>  | Peachtree Corners Funding Trust II<sup>(a)</sup>  | Peachtree Corners Funding Trust II<sup>(a)</sup>  | Peachtree Corners Funding Trust II<sup>(a)</sup>  |
| 05/15/2035 | &nbsp;&nbsp; 6.012% | 1250000 | &nbsp;&nbsp; 1278986 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5459068** |
| **Lodging 0.1%** | **Lodging 0.1%** | **Lodging 0.1%** | **Lodging 0.1%** |
| Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 5.875% | 110000 | &nbsp;&nbsp; 110697 |
| 09/15/2033 | &nbsp;&nbsp; 5.750% | 297000 | &nbsp;&nbsp; 296022 |
| Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  |
| 07/01/2031 | &nbsp;&nbsp; 4.875% | 123000 | &nbsp;&nbsp; 111133 |
| 01/15/2032 | &nbsp;&nbsp; 6.625% | 902000 | &nbsp;&nbsp; 892633 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Hilton Worldwide Finance LLC/Corp. | Hilton Worldwide Finance LLC/Corp. | Hilton Worldwide Finance LLC/Corp. | Hilton Worldwide Finance LLC/Corp. |
| 04/01/2027 | &nbsp;&nbsp; 4.875% | 550000 | &nbsp;&nbsp; 548750 |
| Marriott Ownership Resorts, Inc.<sup>(a)</sup>  | Marriott Ownership Resorts, Inc.<sup>(a)</sup>  | Marriott Ownership Resorts, Inc.<sup>(a)</sup>  | Marriott Ownership Resorts, Inc.<sup>(a)</sup>  |
| 10/01/2033 | &nbsp;&nbsp; 6.500% | 1030000 | &nbsp;&nbsp; 979369 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2938604** |
| **Media and Entertainment 0.6%** | **Media and Entertainment 0.6%** | **Media and Entertainment 0.6%** | **Media and Entertainment 0.6%** |
| Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2028 | &nbsp;&nbsp; 7.750% | 568000 | &nbsp;&nbsp; 570965 |
| 06/01/2029 | &nbsp;&nbsp; 7.500% | 782000 | &nbsp;&nbsp; 785152 |
| 04/01/2030 | &nbsp;&nbsp; 7.875% | 620000 | &nbsp;&nbsp; 649639 |
| 02/15/2031 | &nbsp;&nbsp; 7.125% | 404000 | &nbsp;&nbsp; 423435 |
| 03/15/2033 | &nbsp;&nbsp; 7.500% | 411000 | &nbsp;&nbsp; 435360 |
| Gray Escrow II, Inc.<sup>(a)</sup>  | Gray Escrow II, Inc.<sup>(a)</sup>  | Gray Escrow II, Inc.<sup>(a)</sup>  | Gray Escrow II, Inc.<sup>(a)</sup>  |
| 11/15/2031 | &nbsp;&nbsp; 5.375% | 147000 | &nbsp;&nbsp; 108674 |
| Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 9.625% | 356000 | &nbsp;&nbsp; 356284 |
| 08/15/2033 | &nbsp;&nbsp; 7.250% | 317000 | &nbsp;&nbsp; 319316 |
| iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 9.125% | 409782 | &nbsp;&nbsp; 371960 |
| Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 8.000% | 431000 | &nbsp;&nbsp; 430398 |
| McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 7.375% | 403000 | &nbsp;&nbsp; 411633 |
| Meta Platforms, Inc. | Meta Platforms, Inc. | Meta Platforms, Inc. | Meta Platforms, Inc. |
| 11/15/2055 | &nbsp;&nbsp; 5.625% | 3199000 | &nbsp;&nbsp; 2996490 |
| 11/15/2065 | &nbsp;&nbsp; 5.750% | 3572000 | &nbsp;&nbsp; 3312806 |
| Nexstar Media, Inc.<sup>(a)</sup>  | Nexstar Media, Inc.<sup>(a)</sup>  | Nexstar Media, Inc.<sup>(a)</sup>  | Nexstar Media, Inc.<sup>(a)</sup>  |
| 09/15/2033 | &nbsp;&nbsp; 6.500% | 670000 | &nbsp;&nbsp; 675183 |
| Nexstar Media, Inc.<sup>(a),(d)</sup>  | Nexstar Media, Inc.<sup>(a),(d)</sup>  | Nexstar Media, Inc.<sup>(a),(d)</sup>  | Nexstar Media, Inc.<sup>(a),(d)</sup>  |
| 04/15/2034 | &nbsp;&nbsp; 7.250% | 585000 | &nbsp;&nbsp; 586275 |
| OAK-Eagle Acquireco, Inc.<sup>(a),(d)</sup>  | OAK-Eagle Acquireco, Inc.<sup>(a),(d)</sup>  | OAK-Eagle Acquireco, Inc.<sup>(a),(d)</sup>  | OAK-Eagle Acquireco, Inc.<sup>(a),(d)</sup>  |
| 07/01/2033 | &nbsp;&nbsp; 7.250% | 330000 | &nbsp;&nbsp; 341770 |
| 07/01/2034 | &nbsp;&nbsp; 8.750% | 336000 | &nbsp;&nbsp; 351377 |
| Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  |
| 08/15/2027 | &nbsp;&nbsp; 5.000% | 416000 | &nbsp;&nbsp; 415345 |
| 01/15/2029 | &nbsp;&nbsp; 4.250% | 245000 | &nbsp;&nbsp; 236890 |
| 03/15/2030 | &nbsp;&nbsp; 4.625% | 744000 | &nbsp;&nbsp; 717990 |
| Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  |
| 05/01/2030 | &nbsp;&nbsp; 3.875% | 358000 | &nbsp;&nbsp; 336127 |
| Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  |
| 03/01/2033 | &nbsp;&nbsp; 6.875% | 965000 | &nbsp;&nbsp; 913407 |
| 03/15/2034 | &nbsp;&nbsp; 6.875% | 579000 | &nbsp;&nbsp; 544370 |
| Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 8.000% | 300000 | &nbsp;&nbsp; 304937 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. |
| 03/15/2032 | &nbsp;&nbsp; 4.279% | 340000 | &nbsp;&nbsp; 301016 |
| 03/15/2042 | &nbsp;&nbsp; 5.050% | 1240000 | &nbsp;&nbsp; 827251 |
| 03/15/2052 | &nbsp;&nbsp; 5.141% | 182000 | &nbsp;&nbsp; 110288 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **17834338** |
| **Metals and Mining 0.2%** | **Metals and Mining 0.2%** | **Metals and Mining 0.2%** | **Metals and Mining 0.2%** |
| Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  |
| 03/15/2031 | &nbsp;&nbsp; 7.125% | 151000 | &nbsp;&nbsp; 157924 |
| Carpenter Technology Corp.<sup>(a)</sup>  | Carpenter Technology Corp.<sup>(a)</sup>  | Carpenter Technology Corp.<sup>(a)</sup>  | Carpenter Technology Corp.<sup>(a)</sup>  |
| 03/01/2034 | &nbsp;&nbsp; 5.625% | 337000 | &nbsp;&nbsp; 333956 |
| Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  |
| 11/01/2029 | &nbsp;&nbsp; 6.875% | 71000 | &nbsp;&nbsp; 71000 |
| 03/15/2032 | &nbsp;&nbsp; 7.000% | 85000 | &nbsp;&nbsp; 82253 |
| 05/01/2033 | &nbsp;&nbsp; 7.375% | 90000 | &nbsp;&nbsp; 88077 |
| Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  |
| 07/01/2030 | &nbsp;&nbsp; 8.000% | 439000 | &nbsp;&nbsp; 454540 |
| Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  |
| 06/15/2028 | &nbsp;&nbsp; 5.625% | 623000 | &nbsp;&nbsp; 620932 |
| 04/15/2029 | &nbsp;&nbsp; 3.750% | 228000 | &nbsp;&nbsp; 217803 |
| 08/15/2032 | &nbsp;&nbsp; 6.375% | 544000 | &nbsp;&nbsp; 549761 |
| Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  |
| 04/01/2026 | &nbsp;&nbsp; 4.500% | 350000 | &nbsp;&nbsp; 350001 |
| 04/01/2029 | &nbsp;&nbsp; 6.125% | 839000 | &nbsp;&nbsp; 837864 |
| Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  |
| 06/01/2031 | &nbsp;&nbsp; 4.500% | 829000 | &nbsp;&nbsp; 783108 |
| 03/01/2034 | &nbsp;&nbsp; 5.875% | 622000 | &nbsp;&nbsp; 611468 |
| Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 4.750% | 453000 | &nbsp;&nbsp; 429050 |
| 08/15/2031 | &nbsp;&nbsp; 3.875% | 490000 | &nbsp;&nbsp; 436078 |
| 08/15/2033 | &nbsp;&nbsp; 6.375% | 342000 | &nbsp;&nbsp; 335429 |
| Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 6.875% | 65000 | &nbsp;&nbsp; 65572 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6424816** |
| **Midstream 1.1%** | **Midstream 1.1%** | **Midstream 1.1%** | **Midstream 1.1%** |
| AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  |
| 06/01/2030 | &nbsp;&nbsp; 9.500% | 633000 | &nbsp;&nbsp; 670805 |
| Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  |
| 02/01/2032 | &nbsp;&nbsp; 6.625% | 280000 | &nbsp;&nbsp; 286586 |
| CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 4.750% | 794000 | &nbsp;&nbsp; 756647 |
| Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 8.625% | 1387000 | &nbsp;&nbsp; 1435553 |
| 06/30/2033 | &nbsp;&nbsp; 7.375% | 915000 | &nbsp;&nbsp; 922004 |
| Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. |
| 04/05/2027 | &nbsp;&nbsp; 5.250% | 4744000 | &nbsp;&nbsp; 4782808 |
| Energy Transfer LP | Energy Transfer LP | Energy Transfer LP | Energy Transfer LP |
| 05/15/2054 | &nbsp;&nbsp; 5.950% | 4640000 | &nbsp;&nbsp; 4355195 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  | Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  | Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  | Galaxy Pipeline Assets Bidco Ltd.<sup>(a)</sup>  |
| 09/30/2040 | &nbsp;&nbsp; 3.250% | 7125000 | &nbsp;&nbsp; 5474369 |
| Hess Midstream Operations LP<sup>(a)</sup>  | Hess Midstream Operations LP<sup>(a)</sup>  | Hess Midstream Operations LP<sup>(a)</sup>  | Hess Midstream Operations LP<sup>(a)</sup>  |
| 03/01/2028 | &nbsp;&nbsp; 5.875% | 213000 | &nbsp;&nbsp; 214669 |
| 10/15/2030 | &nbsp;&nbsp; 5.500% | 213000 | &nbsp;&nbsp; 211481 |
| ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 6.500% | 87000 | &nbsp;&nbsp; 84800 |
| NuStar Logistics LP | NuStar Logistics LP | NuStar Logistics LP | NuStar Logistics LP |
| 04/28/2027 | &nbsp;&nbsp; 5.625% | 933000 | &nbsp;&nbsp; 934794 |
| Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.750% | 213000 | &nbsp;&nbsp; 219139 |
| Sunoco LP<sup>(a),(j),(k)</sup>  | Sunoco LP<sup>(a),(j),(k)</sup>  | Sunoco LP<sup>(a),(j),(k)</sup>  | Sunoco LP<sup>(a),(j),(k)</sup>  |
|  | &nbsp;&nbsp; 7.875% | 1000000 | &nbsp;&nbsp; 1019073 |
| Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 7.000% | 251000 | &nbsp;&nbsp; 257475 |
| 07/15/2031 | &nbsp;&nbsp; 5.375% | 311000 | &nbsp;&nbsp; 308486 |
| 05/01/2032 | &nbsp;&nbsp; 7.250% | 1028000 | &nbsp;&nbsp; 1064555 |
| 07/01/2033 | &nbsp;&nbsp; 6.250% | 248000 | &nbsp;&nbsp; 249484 |
| TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 8.500% | 849000 | &nbsp;&nbsp; 860737 |
| Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  |
| 08/15/2031 | &nbsp;&nbsp; 4.125% | 1027000 | &nbsp;&nbsp; 955172 |
| 11/01/2033 | &nbsp;&nbsp; 3.875% | 210000 | &nbsp;&nbsp; 186159 |
| Venture Global LNG, Inc.<sup>(a),(j),(k)</sup>  | Venture Global LNG, Inc.<sup>(a),(j),(k)</sup>  | Venture Global LNG, Inc.<sup>(a),(j),(k)</sup>  | Venture Global LNG, Inc.<sup>(a),(j),(k)</sup>  |
|  | &nbsp;&nbsp; 9.000% | 1167000 | &nbsp;&nbsp; 1161711 |
| Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 8.125% | 225000 | &nbsp;&nbsp; 230384 |
| 02/01/2029 | &nbsp;&nbsp; 9.500% | 394000 | &nbsp;&nbsp; 426184 |
| 01/15/2030 | &nbsp;&nbsp; 7.000% | 537000 | &nbsp;&nbsp; 549276 |
| 06/01/2031 | &nbsp;&nbsp; 8.375% | 372000 | &nbsp;&nbsp; 386872 |
| 02/01/2032 | &nbsp;&nbsp; 9.875% | 177000 | &nbsp;&nbsp; 190130 |
| Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 6.125% | 163000 | &nbsp;&nbsp; 167675 |
| 05/01/2033 | &nbsp;&nbsp; 7.500% | 348000 | &nbsp;&nbsp; 382765 |
| 01/15/2034 | &nbsp;&nbsp; 6.500% | 759000 | &nbsp;&nbsp; 791317 |
| 06/15/2034 | &nbsp;&nbsp; 6.500% | 216000 | &nbsp;&nbsp; 224750 |
| 05/01/2035 | &nbsp;&nbsp; 7.750% | 348000 | &nbsp;&nbsp; 390120 |
| 01/15/2036 | &nbsp;&nbsp; 6.750% | 1284000 | &nbsp;&nbsp; 1358608 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **31509783** |
| **Oil Field Services 0.2%** | **Oil Field Services 0.2%** | **Oil Field Services 0.2%** | **Oil Field Services 0.2%** |
| Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  |
| 09/01/2032 | &nbsp;&nbsp; 6.625% | 131000 | &nbsp;&nbsp; 133582 |
| Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  | Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  | Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  | Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 6.000% | 518000 | &nbsp;&nbsp; 513099 |
| Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  |
| 04/01/2031 | &nbsp;&nbsp; 5.875% | 295000 | &nbsp;&nbsp; 296246 |
| 10/01/2033 | &nbsp;&nbsp; 6.500% | 460000 | &nbsp;&nbsp; 463933 |
| 10/01/2035 | &nbsp;&nbsp; 6.750% | 261000 | &nbsp;&nbsp; 265104 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  |
| 01/31/2030 | &nbsp;&nbsp; 9.125% | 507000 | &nbsp;&nbsp; 532127 |
| 08/15/2031 | &nbsp;&nbsp; 8.875% | 290000 | &nbsp;&nbsp; 302390 |
| 11/15/2032 | &nbsp;&nbsp; 7.625% | 659000 | &nbsp;&nbsp; 674379 |
| Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  |
| 09/30/2028 | &nbsp;&nbsp; 8.000% | 543031 | &nbsp;&nbsp; 555352 |
| Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 8.250% | 122000 | &nbsp;&nbsp; 126006 |
| 05/15/2031 | &nbsp;&nbsp; 8.500% | 416000 | &nbsp;&nbsp; 437029 |
| USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 7.125% | 1240000 | &nbsp;&nbsp; 1268968 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5568215** |
| **Other Industry 0.0%** | **Other Industry 0.0%** | **Other Industry 0.0%** | **Other Industry 0.0%** |
| Installed Building Products, Inc.<sup>(a)</sup>  | Installed Building Products, Inc.<sup>(a)</sup>  | Installed Building Products, Inc.<sup>(a)</sup>  | Installed Building Products, Inc.<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 5.625% | 132000 | &nbsp;&nbsp; 129590 |
| Williams Scotsman International, Inc.<sup>(a)</sup>  | Williams Scotsman International, Inc.<sup>(a)</sup>  | Williams Scotsman International, Inc.<sup>(a)</sup>  | Williams Scotsman International, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.625% | 170000 | &nbsp;&nbsp; 167020 |
| Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 6.625% | 153000 | &nbsp;&nbsp; 154637 |
| 04/15/2030 | &nbsp;&nbsp; 6.625% | 215000 | &nbsp;&nbsp; 217911 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **669158** |
| **Other REIT 0.1%** | **Other REIT 0.1%** | **Other REIT 0.1%** | **Other REIT 0.1%** |
| Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 7.000% | 91000 | &nbsp;&nbsp; 94156 |
| Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 5.875% | 213000 | &nbsp;&nbsp; 211805 |
| 05/15/2029 | &nbsp;&nbsp; 4.875% | 206000 | &nbsp;&nbsp; 198215 |
| 02/01/2030 | &nbsp;&nbsp; 7.000% | 146000 | &nbsp;&nbsp; 147756 |
| RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  |
| 04/01/2032 | &nbsp;&nbsp; 6.500% | 549000 | &nbsp;&nbsp; 559149 |
| 06/15/2033 | &nbsp;&nbsp; 6.500% | 300000 | &nbsp;&nbsp; 305259 |
| 03/15/2034 | &nbsp;&nbsp; 5.750% | 105000 | &nbsp;&nbsp; 103629 |
| Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  |
| 11/15/2031 | &nbsp;&nbsp; 8.625% | 272000 | &nbsp;&nbsp; 284332 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1904301** |
| **Packaging 0.1%** | **Packaging 0.1%** | **Packaging 0.1%** | **Packaging 0.1%** |
| Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  |
| 09/01/2029 | &nbsp;&nbsp; 4.000% | 1140000 | &nbsp;&nbsp; 1043757 |
| 01/30/2031 | &nbsp;&nbsp; 6.250% | 231000 | &nbsp;&nbsp; 228901 |
| Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 8.750% | 738000 | &nbsp;&nbsp; 690345 |
| 04/15/2032 | &nbsp;&nbsp; 6.750% | 316000 | &nbsp;&nbsp; 298923 |
| Silgan Holdings, Inc. | Silgan Holdings, Inc. | Silgan Holdings, Inc. | Silgan Holdings, Inc. |
| 02/01/2028 | &nbsp;&nbsp; 4.125% | 520000 | &nbsp;&nbsp; 508024 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2769950** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Pharmaceuticals 2.1%** | **Pharmaceuticals 2.1%** | **Pharmaceuticals 2.1%** | **Pharmaceuticals 2.1%** |
| 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 10.000% | 935000 | &nbsp;&nbsp; 951670 |
| AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. |
| 03/15/2029 | &nbsp;&nbsp; 4.800% | 40446000 | &nbsp;&nbsp; 41098039 |
| 11/21/2029 | &nbsp;&nbsp; 3.200% | 11168000 | &nbsp;&nbsp; 10751027 |
| Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.875% | 295000 | &nbsp;&nbsp; 270753 |
| Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 4.750% | 1137000 | &nbsp;&nbsp; 1115274 |
| Jazz Securities DAC<sup>(a)</sup>  | Jazz Securities DAC<sup>(a)</sup>  | Jazz Securities DAC<sup>(a)</sup>  | Jazz Securities DAC<sup>(a)</sup>  |
| 01/15/2029 | &nbsp;&nbsp; 4.375% | 258000 | &nbsp;&nbsp; 250777 |
| Merck & Co., Inc. | Merck & Co., Inc. | Merck & Co., Inc. | Merck & Co., Inc. |
| 12/04/2035 | &nbsp;&nbsp; 4.750% | 1994000 | &nbsp;&nbsp; 1956985 |
| Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  |
| 04/30/2028 | &nbsp;&nbsp; 4.125% | 222000 | &nbsp;&nbsp; 215235 |
| 04/30/2031 | &nbsp;&nbsp; 5.125% | 78000 | &nbsp;&nbsp; 63667 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **56673427** |
| **Property & Casualty 0.5%** | **Property & Casualty 0.5%** | **Property & Casualty 0.5%** | **Property & Casualty 0.5%** |
| Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 8.250% | 139000 | &nbsp;&nbsp; 137523 |
| 08/01/2029 | &nbsp;&nbsp; 6.000% | 656000 | &nbsp;&nbsp; 616094 |
| 07/01/2032 | &nbsp;&nbsp; 6.750% | 1375000 | &nbsp;&nbsp; 1321799 |
| Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  |
| 10/15/2027 | &nbsp;&nbsp; 6.750% | 274000 | &nbsp;&nbsp; 273932 |
| 04/15/2028 | &nbsp;&nbsp; 6.750% | 538000 | &nbsp;&nbsp; 540826 |
| 11/01/2029 | &nbsp;&nbsp; 5.875% | 329000 | &nbsp;&nbsp; 319380 |
| 01/15/2031 | &nbsp;&nbsp; 7.000% | 739000 | &nbsp;&nbsp; 745295 |
| 10/01/2031 | &nbsp;&nbsp; 6.500% | 120000 | &nbsp;&nbsp; 118441 |
| 10/01/2032 | &nbsp;&nbsp; 7.375% | 961000 | &nbsp;&nbsp; 943324 |
| Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 7.750% | 875000 | &nbsp;&nbsp; 883948 |
| Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.875% | 2675000 | &nbsp;&nbsp; 2596914 |
| Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  | Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  | Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  | Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 8.375% | 258000 | &nbsp;&nbsp; 251299 |
| BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 5.875% | 1389000 | &nbsp;&nbsp; 1353484 |
| Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  | Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  | Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  | Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.125% | 1393000 | &nbsp;&nbsp; 1306469 |
| HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  |
| 12/01/2029 | &nbsp;&nbsp; 5.625% | 366000 | &nbsp;&nbsp; 357434 |
| 06/15/2030 | &nbsp;&nbsp; 7.250% | 1025000 | &nbsp;&nbsp; 1052381 |
| 01/31/2032 | &nbsp;&nbsp; 7.375% | 400000 | &nbsp;&nbsp; 408020 |
| Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  |
| 06/01/2031 | &nbsp;&nbsp; 7.125% | 683000 | &nbsp;&nbsp; 684088 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 5.875% | 357000 | &nbsp;&nbsp; 353285 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14263936** |
| **Railroads 0.6%** | **Railroads 0.6%** | **Railroads 0.6%** | **Railroads 0.6%** |
| Canadian Pacific Railway Co. | Canadian Pacific Railway Co. | Canadian Pacific Railway Co. | Canadian Pacific Railway Co. |
| 03/15/2029 | &nbsp;&nbsp; 4.000% | 1123000 | &nbsp;&nbsp; 1110209 |
| 12/02/2031 | &nbsp;&nbsp; 2.450% | 6474000 | &nbsp;&nbsp; 5751259 |
| Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.250% | 414000 | &nbsp;&nbsp; 418692 |
| Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. |
| 06/15/2026 | &nbsp;&nbsp; 2.900% | 8164000 | &nbsp;&nbsp; 8143959 |
| Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.125% | 1022000 | &nbsp;&nbsp; 1050697 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **16474816** |
| **Restaurants 0.1%** | **Restaurants 0.1%** | **Restaurants 0.1%** | **Restaurants 0.1%** |
| 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  |
| 09/15/2029 | &nbsp;&nbsp; 5.625% | 173000 | &nbsp;&nbsp; 173947 |
| 10/15/2030 | &nbsp;&nbsp; 4.000% | 594000 | &nbsp;&nbsp; 558057 |
| Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.750% | 1556000 | &nbsp;&nbsp; 1453749 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2185753** |
| **Retailers 0.4%** | **Retailers 0.4%** | **Retailers 0.4%** | **Retailers 0.4%** |
| Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 7.000% | 302000 | &nbsp;&nbsp; 305795 |
| 08/01/2033 | &nbsp;&nbsp; 7.375% | 831000 | &nbsp;&nbsp; 839768 |
| Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. |
| 03/13/2036 | &nbsp;&nbsp; 4.875% | 4460000 | &nbsp;&nbsp; 4418447 |
| 03/13/2046 | &nbsp;&nbsp; 5.650% | 3075000 | &nbsp;&nbsp; 3064923 |
| Beach Acquisition Bidco LLC<sup>(a),(i)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(i)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(i)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(i)</sup>  |
| 07/15/2033 | &nbsp;&nbsp; 10.000% | 926508 | &nbsp;&nbsp; 984893 |
| Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 5.750% | 317000 | &nbsp;&nbsp; 318627 |
| Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.375% | 66000 | &nbsp;&nbsp; 66585 |
| L Brands, Inc. | L Brands, Inc. | L Brands, Inc. | L Brands, Inc. |
| 11/01/2035 | &nbsp;&nbsp; 6.875% | 271000 | &nbsp;&nbsp; 266602 |
| LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  |
| 08/01/2031 | &nbsp;&nbsp; 8.250% | 215000 | &nbsp;&nbsp; 223097 |
| Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 4.000% | 697000 | &nbsp;&nbsp; 645263 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11134000** |
| **Supermarkets 0.0%** | **Supermarkets 0.0%** | **Supermarkets 0.0%** | **Supermarkets 0.0%** |
| Albertsons Cos, Inc.<sup>(a)</sup>  | Albertsons Cos, Inc.<sup>(a)</sup>  | Albertsons Cos, Inc.<sup>(a)</sup>  | Albertsons Cos, Inc.<sup>(a)</sup>  |
| 03/31/2032 | &nbsp;&nbsp; 5.625% | 461000 | &nbsp;&nbsp; 453620 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Technology 2.2%** | **Technology 2.2%** | **Technology 2.2%** | **Technology 2.2%** |
| Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.250% | 807000 | &nbsp;&nbsp; 835582 |
| APLD ComputeCo 2 LLC<sup>(a)</sup>  | APLD ComputeCo 2 LLC<sup>(a)</sup>  | APLD ComputeCo 2 LLC<sup>(a)</sup>  | APLD ComputeCo 2 LLC<sup>(a)</sup>  |
| 03/15/2031 | &nbsp;&nbsp; 6.750% | 1030000 | &nbsp;&nbsp; 1024159 |
| APLD ComputeCo LLC<sup>(a)</sup>  | APLD ComputeCo LLC<sup>(a)</sup>  | APLD ComputeCo LLC<sup>(a)</sup>  | APLD ComputeCo LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 9.250% | 1205000 | &nbsp;&nbsp; 1241631 |
| Black Pearl Compute LLC<sup>(a)</sup>  | Black Pearl Compute LLC<sup>(a)</sup>  | Black Pearl Compute LLC<sup>(a)</sup>  | Black Pearl Compute LLC<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 6.125% | 535000 | &nbsp;&nbsp; 544795 |
| Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  |
| 08/15/2030 | &nbsp;&nbsp; 5.625% | 319000 | &nbsp;&nbsp; 317278 |
| 08/15/2033 | &nbsp;&nbsp; 6.000% | 250000 | &nbsp;&nbsp; 245913 |
| Block, Inc. | Block, Inc. | Block, Inc. | Block, Inc. |
| 05/15/2032 | &nbsp;&nbsp; 6.500% | 518000 | &nbsp;&nbsp; 520906 |
| Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  |
| 11/15/2036 | &nbsp;&nbsp; 3.187% | 6287000 | &nbsp;&nbsp; 5254558 |
| CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 6.375% | 789000 | &nbsp;&nbsp; 802512 |
| Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 8.000% | 216000 | &nbsp;&nbsp; 160664 |
| Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 7.250% | 243000 | &nbsp;&nbsp; 174223 |
| Cipher Compute LLC<sup>(a)</sup>  | Cipher Compute LLC<sup>(a)</sup>  | Cipher Compute LLC<sup>(a)</sup>  | Cipher Compute LLC<sup>(a)</sup>  |
| 11/15/2030 | &nbsp;&nbsp; 7.125% | 563000 | &nbsp;&nbsp; 583468 |
| Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.875% | 1706000 | &nbsp;&nbsp; 1468739 |
| Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  |
| 09/30/2029 | &nbsp;&nbsp; 9.000% | 1625000 | &nbsp;&nbsp; 1567756 |
| 06/30/2032 | &nbsp;&nbsp; 8.250% | 557000 | &nbsp;&nbsp; 529349 |
| 08/15/2033 | &nbsp;&nbsp; 6.625% | 153000 | &nbsp;&nbsp; 136199 |
| Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 7.375% | 2532000 | &nbsp;&nbsp; 2088677 |
| CoreWeave, Inc.<sup>(a)</sup>  | CoreWeave, Inc.<sup>(a)</sup>  | CoreWeave, Inc.<sup>(a)</sup>  | CoreWeave, Inc.<sup>(a)</sup>  |
| 06/01/2030 | &nbsp;&nbsp; 9.250% | 321000 | &nbsp;&nbsp; 312199 |
| 02/01/2031 | &nbsp;&nbsp; 9.000% | 408000 | &nbsp;&nbsp; 388040 |
| Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 5.950% | 1351000 | &nbsp;&nbsp; 1362868 |
| Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  |
| 05/15/2033 | &nbsp;&nbsp; 6.000% | 265000 | &nbsp;&nbsp; 260005 |
| Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. |
| 03/10/2028 | &nbsp;&nbsp; 4.450% | 1364000 | &nbsp;&nbsp; 1360023 |
| Flash Compute LLC<sup>(a)</sup>  | Flash Compute LLC<sup>(a)</sup>  | Flash Compute LLC<sup>(a)</sup>  | Flash Compute LLC<sup>(a)</sup>  |
| 12/31/2030 | &nbsp;&nbsp; 7.250% | 313000 | &nbsp;&nbsp; 315714 |
| Intel Corp. | Intel Corp. | Intel Corp. | Intel Corp. |
| 03/25/2050 | &nbsp;&nbsp; 4.750% | 4170000 | &nbsp;&nbsp; 3368684 |
| International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. |
| 05/15/2026 | &nbsp;&nbsp; 3.300% | 8530000 | &nbsp;&nbsp; 8518681 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| ION Platform Finance US, Inc.<sup>(a)</sup>  | ION Platform Finance US, Inc.<sup>(a)</sup>  | ION Platform Finance US, Inc.<sup>(a)</sup>  | ION Platform Finance US, Inc.<sup>(a)</sup>  |
| 09/30/2032 | &nbsp;&nbsp; 7.875% | 658000 | &nbsp;&nbsp; 509715 |
| ION Platform Finance US, Inc./SARL<sup>(a)</sup>  | ION Platform Finance US, Inc./SARL<sup>(a)</sup>  | ION Platform Finance US, Inc./SARL<sup>(a)</sup>  | ION Platform Finance US, Inc./SARL<sup>(a)</sup>  |
| 05/01/2028 | &nbsp;&nbsp; 4.625% | 356000 | &nbsp;&nbsp; 332118 |
| 05/01/2028 | &nbsp;&nbsp; 5.000% | 229000 | &nbsp;&nbsp; 213400 |
| 05/15/2028 | &nbsp;&nbsp; 5.750% | 904000 | &nbsp;&nbsp; 851982 |
| 05/01/2029 | &nbsp;&nbsp; 8.750% | 729000 | &nbsp;&nbsp; 677749 |
| 05/30/2029 | &nbsp;&nbsp; 9.500% | 518000 | &nbsp;&nbsp; 486788 |
| Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  |
| 01/15/2033 | &nbsp;&nbsp; 6.250% | 106000 | &nbsp;&nbsp; 105728 |
| Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 6.500% | 935000 | &nbsp;&nbsp; 873397 |
| NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 9.500% | 664000 | &nbsp;&nbsp; 710723 |
| NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 5.000% | 464000 | &nbsp;&nbsp; 447069 |
| 04/15/2029 | &nbsp;&nbsp; 5.125% | 121000 | &nbsp;&nbsp; 115941 |
| Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 9.290% | 1012000 | &nbsp;&nbsp; 1015741 |
| 05/15/2031 | &nbsp;&nbsp; 10.375% | 260000 | &nbsp;&nbsp; 262935 |
| 02/15/2033 | &nbsp;&nbsp; 9.500% | 197000 | &nbsp;&nbsp; 191885 |
| NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. |
| 05/01/2030 | &nbsp;&nbsp; 3.400% | 789000 | &nbsp;&nbsp; 752024 |
| 05/11/2031 | &nbsp;&nbsp; 2.500% | 1093000 | &nbsp;&nbsp; 981517 |
| 01/15/2033 | &nbsp;&nbsp; 5.000% | 4258000 | &nbsp;&nbsp; 4238356 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | Oracle Corp. |
| 09/26/2065 | &nbsp;&nbsp; 6.100% | 10096000 | &nbsp;&nbsp; 8368142 |
| Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  |
| 03/31/2029 | &nbsp;&nbsp; 6.500% | 1140000 | &nbsp;&nbsp; 1109310 |
| Sabre GLBL, Inc.<sup>(a)</sup>  | Sabre GLBL, Inc.<sup>(a)</sup>  | Sabre GLBL, Inc.<sup>(a)</sup>  | Sabre GLBL, Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 10.750% | 30000 | &nbsp;&nbsp; 25661 |
| 03/15/2030 | &nbsp;&nbsp; 10.750% | 69000 | &nbsp;&nbsp; 57304 |
| 07/15/2030 | &nbsp;&nbsp; 11.125% | 108000 | &nbsp;&nbsp; 91527 |
| Science Applications International Corp.<sup>(a)</sup>  | Science Applications International Corp.<sup>(a)</sup>  | Science Applications International Corp.<sup>(a)</sup>  | Science Applications International Corp.<sup>(a)</sup>  |
| 11/01/2033 | &nbsp;&nbsp; 5.875% | 551000 | &nbsp;&nbsp; 538929 |
| Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 6.750% | 622000 | &nbsp;&nbsp; 612116 |
| SS&C Technologies, Inc.<sup>(a)</sup>  | SS&C Technologies, Inc.<sup>(a)</sup>  | SS&C Technologies, Inc.<sup>(a)</sup>  | SS&C Technologies, Inc.<sup>(a)</sup>  |
| 06/01/2032 | &nbsp;&nbsp; 6.500% | 233000 | &nbsp;&nbsp; 233696 |
| SV RNO Property Owner 1 LLC<sup>(a)</sup>  | SV RNO Property Owner 1 LLC<sup>(a)</sup>  | SV RNO Property Owner 1 LLC<sup>(a)</sup>  | SV RNO Property Owner 1 LLC<sup>(a)</sup>  |
| 03/01/2031 | &nbsp;&nbsp; 5.875% | 1446000 | &nbsp;&nbsp; 1432943 |
| Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 4.000% | 534000 | &nbsp;&nbsp; 505868 |
| UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  |
| 02/01/2031 | &nbsp;&nbsp; 6.875% | 437000 | &nbsp;&nbsp; 428413 |
| WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.500% | 568000 | &nbsp;&nbsp; 556147 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| WULF Compute LLC<sup>(a)</sup>  | WULF Compute LLC<sup>(a)</sup>  | WULF Compute LLC<sup>(a)</sup>  | WULF Compute LLC<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 7.750% | 271000 | &nbsp;&nbsp; 286371 |
| ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 3.875% | 1028000 | &nbsp;&nbsp; 854972 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **61251090** |
| **Transportation Services 0.4%** | **Transportation Services 0.4%** | **Transportation Services 0.4%** | **Transportation Services 0.4%** |
| Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 8.000% | 537000 | &nbsp;&nbsp; 523571 |
| 06/15/2032 | &nbsp;&nbsp; 8.375% | 662000 | &nbsp;&nbsp; 659346 |
| ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  |
| 05/01/2028 | &nbsp;&nbsp; 4.600% | 9524000 | &nbsp;&nbsp; 9567275 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **10750192** |
| **Wireless 0.6%** | **Wireless 0.6%** | **Wireless 0.6%** | **Wireless 0.6%** |
| Altice France<sup>(a)</sup>  | Altice France<sup>(a)</sup>  | Altice France<sup>(a)</sup>  | Altice France<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.500% | 453506 | &nbsp;&nbsp; 428802 |
| 07/15/2032 | &nbsp;&nbsp; 6.875% | 397866 | &nbsp;&nbsp; 377073 |
| Altice France Lux 3/Holdings 1<sup>(a)</sup>  | Altice France Lux 3/Holdings 1<sup>(a)</sup>  | Altice France Lux 3/Holdings 1<sup>(a)</sup>  | Altice France Lux 3/Holdings 1<sup>(a)</sup>  |
| 01/15/2033 | &nbsp;&nbsp; 10.000% | 112200 | &nbsp;&nbsp; 101821 |
| T-Mobile US, Inc. | T-Mobile US, Inc. | T-Mobile US, Inc. | T-Mobile US, Inc. |
| 02/15/2031 | &nbsp;&nbsp; 2.550% | 5394000 | &nbsp;&nbsp; 4901535 |
| 02/15/2031 | &nbsp;&nbsp; 2.875% | 10303000 | &nbsp;&nbsp; 9488057 |
| Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  |
| 01/31/2031 | &nbsp;&nbsp; 4.250% | 530000 | &nbsp;&nbsp; 454746 |
| 07/15/2031 | &nbsp;&nbsp; 4.750% | 603000 | &nbsp;&nbsp; 518755 |
| 04/15/2032 | &nbsp;&nbsp; 7.750% | 488000 | &nbsp;&nbsp; 467897 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **16738686** |
| **Wirelines 0.2%** | **Wirelines 0.2%** | **Wirelines 0.2%** | **Wirelines 0.2%** |
| AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. |
| 12/01/2057 | &nbsp;&nbsp; 3.800% | 2397000 | &nbsp;&nbsp; 1614953 |
| Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  |
| 07/18/2036 | &nbsp;&nbsp; 7.200% | 301000 | &nbsp;&nbsp; 299763 |
| Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 7.000% | 596000 | &nbsp;&nbsp; 599637 |
| Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  |
| 04/15/2031 | &nbsp;&nbsp; 8.500% | 247000 | &nbsp;&nbsp; 258618 |
| 04/15/2032 | &nbsp;&nbsp; 7.000% | 315000 | &nbsp;&nbsp; 315650 |
| Level 3 Financing, Inc.<sup>(a)</sup>  | Level 3 Financing, Inc.<sup>(a)</sup>  | Level 3 Financing, Inc.<sup>(a)</sup>  | Level 3 Financing, Inc.<sup>(a)</sup>  |
| 01/15/2036 | &nbsp;&nbsp; 8.500% | 420000 | &nbsp;&nbsp; 438131 |
| Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  |
| 06/04/2038 | &nbsp;&nbsp; 7.721% | 259000 | &nbsp;&nbsp; 259264 |
| Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.000% | 115000 | &nbsp;&nbsp; 108485 |
| Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  |
| 06/15/2032 | &nbsp;&nbsp; 8.625% | 195000 | &nbsp;&nbsp; 198328 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  |
| 10/01/2031 | &nbsp;&nbsp; 8.250% | 536000 | &nbsp;&nbsp; 561426 |
| Windstream Services LLC<sup>(a)</sup>  | Windstream Services LLC<sup>(a)</sup>  | Windstream Services LLC<sup>(a)</sup>  | Windstream Services LLC<sup>(a)</sup>  |
| 10/15/2033 | &nbsp;&nbsp; 7.500% | 287000 | &nbsp;&nbsp; 298284 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4952539** |
| &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $729,261,408) | &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $729,261,408) | &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $729,261,408) | &nbsp;&nbsp; **726815327** |
| **Foreign Government Obligations**<sup>(l)</sup> **5.7%** | **Foreign Government Obligations**<sup>(l)</sup> **5.7%** | **Foreign Government Obligations**<sup>(l)</sup> **5.7%** | **Foreign Government Obligations**<sup>(l)</sup> **5.7%** |
| **Angola 0.1%** | **Angola 0.1%** | **Angola 0.1%** | **Angola 0.1%** |
| Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  | Angolan Government International Bond<sup>(a)</sup>  |
| 05/08/2048 | &nbsp;&nbsp; 9.375% | 2832000 | &nbsp;&nbsp; 2507627 |
| **Bahrain 0.1%** | **Bahrain 0.1%** | **Bahrain 0.1%** | **Bahrain 0.1%** |
| Bahrain Government International Bond<sup>(a)</sup>  | Bahrain Government International Bond<sup>(a)</sup>  | Bahrain Government International Bond<sup>(a)</sup>  | Bahrain Government International Bond<sup>(a)</sup>  |
| 02/03/2038 | &nbsp;&nbsp; 7.100% | 1777000 | &nbsp;&nbsp; 1667119 |
| **Brazil 0.2%** | **Brazil 0.2%** | **Brazil 0.2%** | **Brazil 0.2%** |
| Brazilian Government International Bond | Brazilian Government International Bond | Brazilian Government International Bond | Brazilian Government International Bond |
| 01/12/2056 | &nbsp;&nbsp; 7.250% | 4719000 | &nbsp;&nbsp; 4622096 |
| **Canada 0.0%** | **Canada 0.0%** | **Canada 0.0%** | **Canada 0.0%** |
| NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  |
| 11/15/2028 | &nbsp;&nbsp; 8.500% | 161000 | &nbsp;&nbsp; 167595 |
| 05/15/2029 | &nbsp;&nbsp; 4.250% | 344000 | &nbsp;&nbsp; 334786 |
| 02/15/2030 | &nbsp;&nbsp; 9.000% | 342000 | &nbsp;&nbsp; 361176 |
| 12/01/2031 | &nbsp;&nbsp; 7.000% | 98000 | &nbsp;&nbsp; 103606 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **967163** |
| **Chile 0.1%** | **Chile 0.1%** | **Chile 0.1%** | **Chile 0.1%** |
| Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  | Corp Nacional del Cobre de Chile<sup>(a)</sup>  |
| 01/30/2037 | &nbsp;&nbsp; 5.529% | 4247000 | &nbsp;&nbsp; 4159273 |
| **Colombia 0.6%** | **Colombia 0.6%** | **Colombia 0.6%** | **Colombia 0.6%** |
| Colombia Government International Bond | Colombia Government International Bond | Colombia Government International Bond | Colombia Government International Bond |
| 04/22/2032 | &nbsp;&nbsp; 3.250% | 4160000 | &nbsp;&nbsp; 3468428 |
| 01/21/2033 | &nbsp;&nbsp; 6.500% | 4935000 | &nbsp;&nbsp; 4820927 |
| 02/02/2034 | &nbsp;&nbsp; 7.500% | 6926000 | &nbsp;&nbsp; 7078430 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **15367785** |
| **Dominican Republic 0.2%** | **Dominican Republic 0.2%** | **Dominican Republic 0.2%** | **Dominican Republic 0.2%** |
| Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  | Dominican Republic International Bond<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 4.500% | 2898000 | &nbsp;&nbsp; 2754101 |
| 01/30/2060 | &nbsp;&nbsp; 5.875% | 4252000 | &nbsp;&nbsp; 3541936 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6296037** |
| **Egypt 0.1%** | **Egypt 0.1%** | **Egypt 0.1%** | **Egypt 0.1%** |
| Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  | Egypt Government International Bond<sup>(a)</sup>  |
| 02/16/2061 | &nbsp;&nbsp; 7.500% | 3555000 | &nbsp;&nbsp; 2692549 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(l)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Guatemala 0.2%** | **Guatemala 0.2%** | **Guatemala 0.2%** | **Guatemala 0.2%** |
| Guatemala Government Bond<sup>(a)</sup>  | Guatemala Government Bond<sup>(a)</sup>  | Guatemala Government Bond<sup>(a)</sup>  | Guatemala Government Bond<sup>(a)</sup>  |
| 08/15/2036 | &nbsp;&nbsp; 6.250% | 6130000 | &nbsp;&nbsp; 6237251 |
| **Hungary 0.1%** | **Hungary 0.1%** | **Hungary 0.1%** | **Hungary 0.1%** |
| Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  | Hungary Government International Bond<sup>(a)</sup>  |
| 09/22/2032 | &nbsp;&nbsp; 6.250% | 2590000 | &nbsp;&nbsp; 2696150 |
| **India 0.1%** | **India 0.1%** | **India 0.1%** | **India 0.1%** |
| Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  | Export-Import Bank of India<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 3.250% | 2000000 | &nbsp;&nbsp; 1903096 |
| **Indonesia 0.4%** | **Indonesia 0.4%** | **Indonesia 0.4%** | **Indonesia 0.4%** |
| Indonesia Government International Bond | Indonesia Government International Bond | Indonesia Government International Bond | Indonesia Government International Bond |
| 07/28/2031 | &nbsp;&nbsp; 2.150% | 1585000 | &nbsp;&nbsp; 1378767 |
| 02/11/2049 | &nbsp;&nbsp; 5.350% | 861000 | &nbsp;&nbsp; 812701 |
| Perusahaan Penerbit SBSN Indonesia III<sup>(a)</sup>  | Perusahaan Penerbit SBSN Indonesia III<sup>(a)</sup>  | Perusahaan Penerbit SBSN Indonesia III<sup>(a)</sup>  | Perusahaan Penerbit SBSN Indonesia III<sup>(a)</sup>  |
| 06/06/2032 | &nbsp;&nbsp; 4.700% | 1054000 | &nbsp;&nbsp; 1034507 |
| 11/15/2033 | &nbsp;&nbsp; 5.600% | 290000 | &nbsp;&nbsp; 294968 |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<sup>(a)</sup>  | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<sup>(a)</sup>  | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<sup>(a)</sup>  | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<sup>(a)</sup>  |
| 05/21/2048 | &nbsp;&nbsp; 6.150% | 3988000 | &nbsp;&nbsp; 3783481 |
| PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  | PT Pertamina Persero<sup>(a)</sup>  |
| 05/30/2044 | &nbsp;&nbsp; 6.450% | 5025000 | &nbsp;&nbsp; 5065865 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **12370289** |
| **Ivory Coast 0.3%** | **Ivory Coast 0.3%** | **Ivory Coast 0.3%** | **Ivory Coast 0.3%** |
| Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  | Ivory Coast Government International Bond<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 6.125% | 7908000 | &nbsp;&nbsp; 7419051 |
| **Mexico 1.1%** | **Mexico 1.1%** | **Mexico 1.1%** | **Mexico 1.1%** |
| Comision Federal de Electricidad<sup>(a)</sup>  | Comision Federal de Electricidad<sup>(a)</sup>  | Comision Federal de Electricidad<sup>(a)</sup>  | Comision Federal de Electricidad<sup>(a)</sup>  |
| 01/28/2034 | &nbsp;&nbsp; 6.045% | 251000 | &nbsp;&nbsp; 243111 |
| Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond | Mexico Government International Bond |
| 03/22/2033 | &nbsp;&nbsp; 5.375% | 3085000 | &nbsp;&nbsp; 3010150 |
| 05/07/2036 | &nbsp;&nbsp; 6.000% | 3376000 | &nbsp;&nbsp; 3352439 |
| 02/09/2038 | &nbsp;&nbsp; 6.125% | 4813000 | &nbsp;&nbsp; 4697750 |
| Petroleos Mexicanos | Petroleos Mexicanos | Petroleos Mexicanos | Petroleos Mexicanos |
| 06/15/2035 | &nbsp;&nbsp; 6.625% | 8736000 | &nbsp;&nbsp; 8111617 |
| 09/21/2047 | &nbsp;&nbsp; 6.750% | 5000000 | &nbsp;&nbsp; 3982388 |
| 01/23/2050 | &nbsp;&nbsp; 7.690% | 6556000 | &nbsp;&nbsp; 5680775 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **29078230** |
| **Mongolia 0.1%** | **Mongolia 0.1%** | **Mongolia 0.1%** | **Mongolia 0.1%** |
| Mongolia Government International Bond<sup>(a)</sup>  | Mongolia Government International Bond<sup>(a)</sup>  | Mongolia Government International Bond<sup>(a)</sup>  | Mongolia Government International Bond<sup>(a)</sup>  |
| 01/19/2028 | &nbsp;&nbsp; 8.650% | 2605000 | &nbsp;&nbsp; 2722399 |
| **Nigeria 0.1%** | **Nigeria 0.1%** | **Nigeria 0.1%** | **Nigeria 0.1%** |
| Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  | Nigeria Government International Bond<sup>(a)</sup>  |
| 11/28/2047 | &nbsp;&nbsp; 7.625% | 2977000 | &nbsp;&nbsp; 2712202 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(l)</sup> **(continued)** | **Foreign Government Obligations**<sup>(l)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Oman 0.1%** | **Oman 0.1%** | **Oman 0.1%** | **Oman 0.1%** |
| Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  | Oman Government International Bond<sup>(a)</sup>  |
| 01/17/2048 | &nbsp;&nbsp; 6.750% | 3300000 | &nbsp;&nbsp; 3436731 |
| **Paraguay 0.1%** | **Paraguay 0.1%** | **Paraguay 0.1%** | **Paraguay 0.1%** |
| Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  | Paraguay Government International Bond<sup>(a)</sup>  |
| 08/11/2044 | &nbsp;&nbsp; 6.100% | 2060000 | &nbsp;&nbsp; 2045962 |
| **Peru 0.3%** | **Peru 0.3%** | **Peru 0.3%** | **Peru 0.3%** |
| Peruvian Government International Bond | Peruvian Government International Bond | Peruvian Government International Bond | Peruvian Government International Bond |
| 03/30/2036 | &nbsp;&nbsp; 5.500% | 9004000 | &nbsp;&nbsp; 8983948 |
| **Romania 0.1%** | **Romania 0.1%** | **Romania 0.1%** | **Romania 0.1%** |
| Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  | Romanian Government International Bond<sup>(a)</sup>  |
| 02/10/2037 | &nbsp;&nbsp; 7.500% | 2394000 | &nbsp;&nbsp; 2524705 |
| **Russian Federation 0.1%** | **Russian Federation 0.1%** | **Russian Federation 0.1%** | **Russian Federation 0.1%** |
| Gazprom OAO Via Gaz Capital SA<sup>(a)</sup>  | Gazprom OAO Via Gaz Capital SA<sup>(a)</sup>  | Gazprom OAO Via Gaz Capital SA<sup>(a)</sup>  | Gazprom OAO Via Gaz Capital SA<sup>(a)</sup>  |
| 02/06/2028 | &nbsp;&nbsp; 4.950% | 2740000 | &nbsp;&nbsp; 2274202 |
| **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** | **Saudi Arabia 0.2%** |
| GACI First Investment Co.<sup>(a)</sup>  | GACI First Investment Co.<sup>(a)</sup>  | GACI First Investment Co.<sup>(a)</sup>  | GACI First Investment Co.<sup>(a)</sup>  |
| 01/29/2054 | &nbsp;&nbsp; 5.375% | 2085000 | &nbsp;&nbsp; 1807226 |
| Saudi Government International Bond<sup>(a)</sup>  | Saudi Government International Bond<sup>(a)</sup>  | Saudi Government International Bond<sup>(a)</sup>  | Saudi Government International Bond<sup>(a)</sup>  |
| 02/02/2061 | &nbsp;&nbsp; 3.450% | 4084000 | &nbsp;&nbsp; 2509316 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **4316542** |
| **South Africa 0.4%** | **South Africa 0.4%** | **South Africa 0.4%** | **South Africa 0.4%** |
| Republic of South Africa Government International Bond | Republic of South Africa Government International Bond | Republic of South Africa Government International Bond | Republic of South Africa Government International Bond |
| 09/30/2049 | &nbsp;&nbsp; 5.750% | 4495000 | &nbsp;&nbsp; 3469087 |
| 04/20/2052 | &nbsp;&nbsp; 7.300% | 2882000 | &nbsp;&nbsp; 2661876 |
| Republic of South Africa Government International Bond<sup>(a)</sup>  | Republic of South Africa Government International Bond<sup>(a)</sup>  | Republic of South Africa Government International Bond<sup>(a)</sup>  | Republic of South Africa Government International Bond<sup>(a)</sup>  |
| 12/11/2055 | &nbsp;&nbsp; 7.250% | 6124000 | &nbsp;&nbsp; 5592264 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11723227** |
| **Turkey 0.5%** | **Turkey 0.5%** | **Turkey 0.5%** | **Turkey 0.5%** |
| Turkiye Government International Bond | Turkiye Government International Bond | Turkiye Government International Bond | Turkiye Government International Bond |
| 02/12/2032 | &nbsp;&nbsp; 7.125% | 13518000 | &nbsp;&nbsp; 13534868 |
| 01/14/2038 | &nbsp;&nbsp; 6.875% | 1876000 | &nbsp;&nbsp; 1753475 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **15288343** |
| **United Arab Emirates 0.1%** | **United Arab Emirates 0.1%** | **United Arab Emirates 0.1%** | **United Arab Emirates 0.1%** |
| DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  | DP World Ltd.<sup>(a)</sup>  |
| 09/25/2048 | &nbsp;&nbsp; 5.625% | 2982000 | &nbsp;&nbsp; 2664024 |
| &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $164,339,153) | &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $164,339,153) | &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $164,339,153) | &nbsp;&nbsp; **156676001** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Joint Ventures**<sup>(m)</sup> **0.8%** | **Joint Ventures**<sup>(m)</sup> **0.8%** |
|  | **Value ($)** |
| Itasca Park LLC<sup>(b),(h),(n),(o)</sup> <br>| &nbsp;&nbsp; 14255272 |
| Itasca Park LLC - Unfunded<sup>(b),(h),(n),(o)</sup> <br>| &nbsp;&nbsp; 8759000 |
| &nbsp;&nbsp; Total Joint Ventures <br>(Cost $23,050,000) | &nbsp;&nbsp; **23014272** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **42.1%** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **42.1%** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **42.1%** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **42.1%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Fannie Mae REMICS<sup>(c),(q)</sup>  | Fannie Mae REMICS<sup>(c),(q)</sup>  | Fannie Mae REMICS<sup>(c),(q)</sup>  | Fannie Mae REMICS<sup>(c),(q)</sup>  |
| CMO Series 2022-27 Class SJ | CMO Series 2022-27 Class SJ | CMO Series 2022-27 Class SJ | CMO Series 2022-27 Class SJ |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.100% <br>Cap 6.100% <br>06/25/2052<br>| &nbsp;&nbsp; 2.438% | 26227660 | &nbsp;&nbsp; 2586682 |
| CMO Series 2023-46 Class SC | CMO Series 2023-46 Class SC | CMO Series 2023-46 Class SC | CMO Series 2023-46 Class SC |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>06/25/2050<br>| &nbsp;&nbsp; 2.224% | 35063988 | &nbsp;&nbsp; 3881082 |
| CMO Series 2023-57 Class SA | CMO Series 2023-57 Class SA | CMO Series 2023-57 Class SA | CMO Series 2023-57 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>02/25/2050<br>| &nbsp;&nbsp; 2.224% | 41349450 | &nbsp;&nbsp; 5265972 |
| CMO Series 2023-65 Class S | CMO Series 2023-65 Class S | CMO Series 2023-65 Class S | CMO Series 2023-65 Class S |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>03/25/2050<br>| &nbsp;&nbsp; 2.224% | 17818596 | &nbsp;&nbsp; 2065179 |
| Fannie Mae REMICS<sup>(c)</sup>  | Fannie Mae REMICS<sup>(c)</sup>  | Fannie Mae REMICS<sup>(c)</sup>  | Fannie Mae REMICS<sup>(c)</sup>  |
| CMO Series 2022-60A Class FA | CMO Series 2022-60A Class FA | CMO Series 2022-60A Class FA | CMO Series 2022-60A Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + 0.700% <br>Floor 0.700%, Cap 6.000% <br>09/25/2052<br>| &nbsp;&nbsp; 4.362% | 19985306 | &nbsp;&nbsp; 19632853 |
| CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB |
| &nbsp;&nbsp; 30-day Average SOFR + 0.850% <br>Floor 0.850%, Cap 6.000% <br>02/25/2055<br>| &nbsp;&nbsp; 4.512% | 10806467 | &nbsp;&nbsp; 10698753 |
| CMO Series 2025-15 Class ME | CMO Series 2025-15 Class ME | CMO Series 2025-15 Class ME | CMO Series 2025-15 Class ME |
| &nbsp;&nbsp; 30-day Average SOFR + 3.300% <br>Floor 3.300%, Cap 7.800% <br>04/25/2055<br>| &nbsp;&nbsp; 6.962% | 12968151 | &nbsp;&nbsp; 12843131 |
| CMO Series 2025-6 Class LF | CMO Series 2025-6 Class LF | CMO Series 2025-6 Class LF | CMO Series 2025-6 Class LF |
| &nbsp;&nbsp; 30-day Average SOFR + 1.800% <br>Floor 1.800%, Cap 6.000% <br>02/25/2055<br>| &nbsp;&nbsp; 5.462% | 15067200 | &nbsp;&nbsp; 15237120 |
| CMO Series 2025-86 Class FH | CMO Series 2025-86 Class FH | CMO Series 2025-86 Class FH | CMO Series 2025-86 Class FH |
| &nbsp;&nbsp; 30-day Average SOFR + 0.850% <br>Floor 0.850%, Cap 6.000% <br>09/25/2055<br>| &nbsp;&nbsp; 4.512% | 27551486 | &nbsp;&nbsp; 27250340 |
| Federal Home Loan Mortgage Corp.<sup>(r)</sup>  | Federal Home Loan Mortgage Corp.<sup>(r)</sup>  | Federal Home Loan Mortgage Corp.<sup>(r)</sup>  | Federal Home Loan Mortgage Corp.<sup>(r)</sup>  |
| 08/01/2045 | &nbsp;&nbsp; 3.500% | 9515299 | &nbsp;&nbsp; 8994257 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| 10/01/2045 | &nbsp;&nbsp; 4.000% | 4230192 | &nbsp;&nbsp; 4053389 |
| &nbsp;&nbsp; 12/01/2051- <br>03/01/2052<br>| &nbsp;&nbsp; 2.500% | 34098353 | &nbsp;&nbsp; 29306389 |
| 05/01/2052 | &nbsp;&nbsp; 3.000% | 21394509 | &nbsp;&nbsp; 19031519 |
| &nbsp;&nbsp; 09/01/2052- <br>10/01/2053<br>| &nbsp;&nbsp; 5.000% | 39392730 | &nbsp;&nbsp; 39462570 |
| 02/01/2053 | &nbsp;&nbsp; 4.500% | 19441538 | &nbsp;&nbsp; 18939941 |
| 12/01/2053 | &nbsp;&nbsp; 5.500% | 20152282 | &nbsp;&nbsp; 20549991 |
| 12/01/2053 | &nbsp;&nbsp; 6.000% | 19802227 | &nbsp;&nbsp; 20578592 |
| Series 2024 | Series 2024 | Series 2024 | Series 2024 |
| 08/01/2054 | &nbsp;&nbsp; 5.500% | 21542900 | &nbsp;&nbsp; 21986340 |
| Federal Home Loan Mortgage Corp.<sup>(c),(q)</sup>  | Federal Home Loan Mortgage Corp.<sup>(c),(q)</sup>  | Federal Home Loan Mortgage Corp.<sup>(c),(q)</sup>  | Federal Home Loan Mortgage Corp.<sup>(c),(q)</sup>  |
| CMO Series 3922 Class SH | CMO Series 3922 Class SH | CMO Series 3922 Class SH | CMO Series 3922 Class SH |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.786% <br>Cap 5.900% <br>09/15/2041<br>| &nbsp;&nbsp; 2.113% | 198357 | &nbsp;&nbsp; 15930 |
| CMO Series 4097 Class ST | CMO Series 4097 Class ST | CMO Series 4097 Class ST | CMO Series 4097 Class ST |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>08/15/2042<br>| &nbsp;&nbsp; 2.263% | 718249 | &nbsp;&nbsp; 87126 |
| CMO Series 4620 Class AS | CMO Series 4620 Class AS | CMO Series 4620 Class AS | CMO Series 4620 Class AS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 0.554% <br>11/15/2042<br>| &nbsp;&nbsp; 2.047% | 604983 | &nbsp;&nbsp; 63370 |
| CMO Series 4831 Class SD | CMO Series 4831 Class SD | CMO Series 4831 Class SD | CMO Series 4831 Class SD |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.086% <br>Cap 6.200% <br>10/15/2048<br>| &nbsp;&nbsp; 2.413% | 5535195 | &nbsp;&nbsp; 599861 |
| CMO Series 4903 Class SA | CMO Series 4903 Class SA | CMO Series 4903 Class SA | CMO Series 4903 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>08/25/2049<br>| &nbsp;&nbsp; 2.274% | 16648507 | &nbsp;&nbsp; 1718487 |
| CMO Series 4979 Class KS | CMO Series 4979 Class KS | CMO Series 4979 Class KS | CMO Series 4979 Class KS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>06/25/2048<br>| &nbsp;&nbsp; 2.274% | 8410344 | &nbsp;&nbsp; 1041910 |
| CMO STRIPS Series 2012-278 Class S1 | CMO STRIPS Series 2012-278 Class S1 | CMO STRIPS Series 2012-278 Class S1 | CMO STRIPS Series 2012-278 Class S1 |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>09/15/2042<br>| &nbsp;&nbsp; 2.263% | 1333333 | &nbsp;&nbsp; 128507 |
| CMO STRIPS Series 309 Class S4 | CMO STRIPS Series 309 Class S4 | CMO STRIPS Series 309 Class S4 | CMO STRIPS Series 309 Class S4 |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.856% <br>Cap 5.970% <br>08/15/2043<br>| &nbsp;&nbsp; 2.183% | 710178 | &nbsp;&nbsp; 70876 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Federal Home Loan Mortgage Corp.<sup>(q)</sup>  | Federal Home Loan Mortgage Corp.<sup>(q)</sup>  | Federal Home Loan Mortgage Corp.<sup>(q)</sup>  | Federal Home Loan Mortgage Corp.<sup>(q)</sup>  |
| CMO Series 4176 Class BI | CMO Series 4176 Class BI | CMO Series 4176 Class BI | CMO Series 4176 Class BI |
| 03/15/2043 | &nbsp;&nbsp; 3.500% | 659310 | &nbsp;&nbsp; 75352 |
| Federal Home Loan Mortgage Corp. REMICS<sup>(c),(q)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(c),(q)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(c),(q)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(c),(q)</sup>  |
| CMO Series 4937 Class YS | CMO Series 4937 Class YS | CMO Series 4937 Class YS | CMO Series 4937 Class YS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.336% <br>Cap 6.450% <br>11/15/2041<br>| &nbsp;&nbsp; 2.663% | 17535528 | &nbsp;&nbsp; 2151551 |
| CMO Series 5345 Class SE | CMO Series 5345 Class SE | CMO Series 5345 Class SE | CMO Series 5345 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>01/15/2048<br>| &nbsp;&nbsp; 2.213% | 25239778 | &nbsp;&nbsp; 2624811 |
| CMO Series 5386 Class SB | CMO Series 5386 Class SB | CMO Series 5386 Class SB | CMO Series 5386 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>12/15/2041<br>| &nbsp;&nbsp; 2.213% | 16056103 | &nbsp;&nbsp; 1592404 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; 02/01/2027- <br>04/01/2052<br>| &nbsp;&nbsp; 3.000% | 83893758 | &nbsp;&nbsp; 74895837 |
| &nbsp;&nbsp; 08/01/2043- <br>05/01/2052<br>| &nbsp;&nbsp; 3.500% | 59592962 | &nbsp;&nbsp; 55255766 |
| &nbsp;&nbsp; 05/01/2044- <br>08/01/2052<br>| &nbsp;&nbsp; 4.000% | 90994313 | &nbsp;&nbsp; 87045618 |
| 09/01/2053 | &nbsp;&nbsp; 5.000% | 13058543 | &nbsp;&nbsp; 13061503 |
| 10/01/2053 | &nbsp;&nbsp; 5.500% | 19987547 | &nbsp;&nbsp; 20381994 |
| CMO Series 2017-72 Class B | CMO Series 2017-72 Class B | CMO Series 2017-72 Class B | CMO Series 2017-72 Class B |
| 09/25/2047 | &nbsp;&nbsp; 3.000% | 8107096 | &nbsp;&nbsp; 7552880 |
| Federal National Mortgage Association<sup>(r)</sup>  | Federal National Mortgage Association<sup>(r)</sup>  | Federal National Mortgage Association<sup>(r)</sup>  | Federal National Mortgage Association<sup>(r)</sup>  |
| 10/01/2051 | &nbsp;&nbsp; 2.500% | 17725863 | &nbsp;&nbsp; 15025354 |
| 05/01/2052 | &nbsp;&nbsp; 3.500% | 30544815 | &nbsp;&nbsp; 28472241 |
| Federal National Mortgage Association<sup>(c),(q)</sup>  | Federal National Mortgage Association<sup>(c),(q)</sup>  | Federal National Mortgage Association<sup>(c),(q)</sup>  | Federal National Mortgage Association<sup>(c),(q)</sup>  |
| CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.786% <br>Cap 5.900% <br>10/25/2043<br>| &nbsp;&nbsp; 2.124% | 1337547 | &nbsp;&nbsp; 133180 |
| CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>01/25/2045<br>| &nbsp;&nbsp; 2.374% | 1812466 | &nbsp;&nbsp; 214618 |
| CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>06/25/2046<br>| &nbsp;&nbsp; 2.224% | 962818 | &nbsp;&nbsp; 113446 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2016-53 Class KS | CMO Series 2016-53 Class KS | CMO Series 2016-53 Class KS | CMO Series 2016-53 Class KS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>08/25/2046<br>| &nbsp;&nbsp; 2.224% | 6527622 | &nbsp;&nbsp; 767642 |
| CMO Series 2016-57 Class SA | CMO Series 2016-57 Class SA | CMO Series 2016-57 Class SA | CMO Series 2016-57 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>08/25/2046<br>| &nbsp;&nbsp; 2.224% | 14588592 | &nbsp;&nbsp; 1577106 |
| CMO Series 2017-109 Class SA | CMO Series 2017-109 Class SA | CMO Series 2017-109 Class SA | CMO Series 2017-109 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>01/25/2048<br>| &nbsp;&nbsp; 2.374% | 6943028 | &nbsp;&nbsp; 805406 |
| CMO Series 2017-20 Class SA | CMO Series 2017-20 Class SA | CMO Series 2017-20 Class SA | CMO Series 2017-20 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.986% <br>Cap 6.100% <br>04/25/2047<br>| &nbsp;&nbsp; 2.324% | 6624431 | &nbsp;&nbsp; 797940 |
| CMO Series 2017-54 Class NS | CMO Series 2017-54 Class NS | CMO Series 2017-54 Class NS | CMO Series 2017-54 Class NS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>07/25/2047<br>| &nbsp;&nbsp; 2.374% | 6166014 | &nbsp;&nbsp; 822335 |
| CMO Series 2017-54 Class SN | CMO Series 2017-54 Class SN | CMO Series 2017-54 Class SN | CMO Series 2017-54 Class SN |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>07/25/2047<br>| &nbsp;&nbsp; 2.374% | 12250036 | &nbsp;&nbsp; 1551601 |
| CMO Series 2018-66 Class SM | CMO Series 2018-66 Class SM | CMO Series 2018-66 Class SM | CMO Series 2018-66 Class SM |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.086% <br>Cap 6.200% <br>09/25/2048<br>| &nbsp;&nbsp; 2.424% | 7777506 | &nbsp;&nbsp; 951496 |
| CMO Series 2018-67 MS Class MS | CMO Series 2018-67 MS Class MS | CMO Series 2018-67 MS Class MS | CMO Series 2018-67 MS Class MS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.086% <br>Cap 6.200% <br>09/25/2048<br>| &nbsp;&nbsp; 2.424% | 6111079 | &nbsp;&nbsp; 766324 |
| CMO Series 2018-74 Class SA | CMO Series 2018-74 Class SA | CMO Series 2018-74 Class SA | CMO Series 2018-74 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.036% <br>Cap 6.150% <br>10/25/2048<br>| &nbsp;&nbsp; 2.374% | 10339442 | &nbsp;&nbsp; 1096866 |
| CMO Series 2019-33 Class SB | CMO Series 2019-33 Class SB | CMO Series 2019-33 Class SB | CMO Series 2019-33 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>07/25/2049<br>| &nbsp;&nbsp; 2.274% | 22390913 | &nbsp;&nbsp; 2343865 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2019-60 Class SH | CMO Series 2019-60 Class SH | CMO Series 2019-60 Class SH | CMO Series 2019-60 Class SH |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>10/25/2049<br>| &nbsp;&nbsp; 2.274% | 17113673 | &nbsp;&nbsp; 1909106 |
| CMO Series 2019-67 Class SE | CMO Series 2019-67 Class SE | CMO Series 2019-67 Class SE | CMO Series 2019-67 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>11/25/2049<br>| &nbsp;&nbsp; 2.274% | 12933924 | &nbsp;&nbsp; 1629571 |
| Federal National Mortgage Association<sup>(q)</sup>  | Federal National Mortgage Association<sup>(q)</sup>  | Federal National Mortgage Association<sup>(q)</sup>  | Federal National Mortgage Association<sup>(q)</sup>  |
| CMO Series 2021-3 Class TI | CMO Series 2021-3 Class TI | CMO Series 2021-3 Class TI | CMO Series 2021-3 Class TI |
| 02/25/2051 | &nbsp;&nbsp; 2.500% | 48140990 | &nbsp;&nbsp; 8200591 |
| Federal National Mortgage Association REMICS<sup>(c),(q)</sup>  | Federal National Mortgage Association REMICS<sup>(c),(q)</sup>  | Federal National Mortgage Association REMICS<sup>(c),(q)</sup>  | Federal National Mortgage Association REMICS<sup>(c),(q)</sup>  |
| CMO Series 2019-25 Class SA | CMO Series 2019-25 Class SA | CMO Series 2019-25 Class SA | CMO Series 2019-25 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>06/25/2049<br>| &nbsp;&nbsp; 2.274% | 20179761 | &nbsp;&nbsp; 2156712 |
| Freddie Mac REMICS<sup>(q)</sup>  | Freddie Mac REMICS<sup>(q)</sup>  | Freddie Mac REMICS<sup>(q)</sup>  | Freddie Mac REMICS<sup>(q)</sup>  |
| CMO Series 5152 Class XI | CMO Series 5152 Class XI | CMO Series 5152 Class XI | CMO Series 5152 Class XI |
| 11/25/2050 | &nbsp;&nbsp; 2.500% | 48529585 | &nbsp;&nbsp; 6758017 |
| CMO Series 5287 Class NI | CMO Series 5287 Class NI | CMO Series 5287 Class NI | CMO Series 5287 Class NI |
| 05/25/2051 | &nbsp;&nbsp; 3.500% | 23535018 | &nbsp;&nbsp; 4711205 |
| Freddie Mac REMICS<sup>(c),(q)</sup>  | Freddie Mac REMICS<sup>(c),(q)</sup>  | Freddie Mac REMICS<sup>(c),(q)</sup>  | Freddie Mac REMICS<sup>(c),(q)</sup>  |
| CMO Series 5326 Class SE | CMO Series 5326 Class SE | CMO Series 5326 Class SE | CMO Series 5326 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.950% <br>Cap 5.950% <br>08/25/2053<br>| &nbsp;&nbsp; 2.288% | 18638074 | &nbsp;&nbsp; 1464093 |
| CMO Series 5362 Class S | CMO Series 5362 Class S | CMO Series 5362 Class S | CMO Series 5362 Class S |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>05/15/2049<br>| &nbsp;&nbsp; 2.263% | 22487704 | &nbsp;&nbsp; 2594080 |
| Freddie Mac REMICS<sup>(c)</sup>  | Freddie Mac REMICS<sup>(c)</sup>  | Freddie Mac REMICS<sup>(c)</sup>  | Freddie Mac REMICS<sup>(c)</sup>  |
| CMO Series 5460 Class FN | CMO Series 5460 Class FN | CMO Series 5460 Class FN | CMO Series 5460 Class FN |
| &nbsp;&nbsp; 30-day Average SOFR + 1.100% <br>Floor 1.100%, Cap 6.500% <br>10/25/2054<br>| &nbsp;&nbsp; 4.762% | 21359666 | &nbsp;&nbsp; 21422645 |
| CMO Series 5462 Class FA | CMO Series 5462 Class FA | CMO Series 5462 Class FA | CMO Series 5462 Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + 1.100% <br>Floor 1.100%, Cap 6.500% <br>10/25/2054<br>| &nbsp;&nbsp; 4.762% | 19449822 | &nbsp;&nbsp; 19506547 |
| CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ |
| &nbsp;&nbsp; 30-day Average SOFR + 3.950% <br>Cap 8.250% <br>06/25/2054<br>| &nbsp;&nbsp; 7.612% | 13648489 | &nbsp;&nbsp; 13662359 |
| CMO Series 5513 Class MU | CMO Series 5513 Class MU | CMO Series 5513 Class MU | CMO Series 5513 Class MU |
| &nbsp;&nbsp; 30-day Average SOFR + 3.950% <br>Cap 8.250% <br>11/25/2054<br>| &nbsp;&nbsp; 7.612% | 15319153 | &nbsp;&nbsp; 15440139 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 5518 Class FC | CMO Series 5518 Class FC | CMO Series 5518 Class FC | CMO Series 5518 Class FC |
| &nbsp;&nbsp; 30-day Average SOFR + 1.320% <br>Floor 1.320%, Cap 6.500% <br>03/25/2055<br>| &nbsp;&nbsp; 4.982% | 13175622 | &nbsp;&nbsp; 13262423 |
| CMO Series 5542 Class F | CMO Series 5542 Class F | CMO Series 5542 Class F | CMO Series 5542 Class F |
| &nbsp;&nbsp; 30-day Average SOFR + 4.300% <br>05/25/2055<br>| &nbsp;&nbsp; 7.962% | 9837563 | &nbsp;&nbsp; 9847403 |
| CMO Series 5573 Class F | CMO Series 5573 Class F | CMO Series 5573 Class F | CMO Series 5573 Class F |
| &nbsp;&nbsp; 30-day Average SOFR + 1.000% <br>Cap 8.550% <br>09/25/2055<br>| &nbsp;&nbsp; 7.962% | 7859276 | &nbsp;&nbsp; 7933668 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |
| 04/20/2048 | &nbsp;&nbsp; 4.500% | 5820111 | &nbsp;&nbsp; 5734148 |
| 08/20/2053 | &nbsp;&nbsp; 6.000% | 9953836 | &nbsp;&nbsp; 10417131 |
| CMO Series 2024-30 Class TQ | CMO Series 2024-30 Class TQ | CMO Series 2024-30 Class TQ | CMO Series 2024-30 Class TQ |
| 02/20/2064 | &nbsp;&nbsp; 5.000% | 8802640 | &nbsp;&nbsp; 8804790 |
| Government National Mortgage Association<sup>(q)</sup>  | Government National Mortgage Association<sup>(q)</sup>  | Government National Mortgage Association<sup>(q)</sup>  | Government National Mortgage Association<sup>(q)</sup>  |
| CMO Series 2014-184 Class CI | CMO Series 2014-184 Class CI | CMO Series 2014-184 Class CI | CMO Series 2014-184 Class CI |
| 11/16/2041 | &nbsp;&nbsp; 3.500% | 2120178 | &nbsp;&nbsp; 197264 |
| CMO Series 2020-175 Class KI | CMO Series 2020-175 Class KI | CMO Series 2020-175 Class KI | CMO Series 2020-175 Class KI |
| 11/20/2050 | &nbsp;&nbsp; 2.500% | 44961132 | &nbsp;&nbsp; 6760639 |
| CMO Series 2020-191 Class UG | CMO Series 2020-191 Class UG | CMO Series 2020-191 Class UG | CMO Series 2020-191 Class UG |
| 12/20/2050 | &nbsp;&nbsp; 3.500% | 24983617 | &nbsp;&nbsp; 4144018 |
| CMO Series 2021-119 Class QI | CMO Series 2021-119 Class QI | CMO Series 2021-119 Class QI | CMO Series 2021-119 Class QI |
| 07/20/2051 | &nbsp;&nbsp; 3.000% | 25461799 | &nbsp;&nbsp; 4220466 |
| CMO Series 2021-140 Class IJ | CMO Series 2021-140 Class IJ | CMO Series 2021-140 Class IJ | CMO Series 2021-140 Class IJ |
| 08/20/2051 | &nbsp;&nbsp; 3.000% | 31840973 | &nbsp;&nbsp; 5381857 |
| CMO Series 2021-16 Class KI | CMO Series 2021-16 Class KI | CMO Series 2021-16 Class KI | CMO Series 2021-16 Class KI |
| 01/20/2051 | &nbsp;&nbsp; 2.500% | 30747966 | &nbsp;&nbsp; 4499221 |
| CMO Series 2021-179 Class IB | CMO Series 2021-179 Class IB | CMO Series 2021-179 Class IB | CMO Series 2021-179 Class IB |
| 09/20/2051 | &nbsp;&nbsp; 3.000% | 31088779 | &nbsp;&nbsp; 5626369 |
| Government National Mortgage Association<sup>(c),(q)</sup>  | Government National Mortgage Association<sup>(c),(q)</sup>  | Government National Mortgage Association<sup>(c),(q)</sup>  | Government National Mortgage Association<sup>(c),(q)</sup>  |
| CMO Series 2017-130 Class HS | CMO Series 2017-130 Class HS | CMO Series 2017-130 Class HS | CMO Series 2017-130 Class HS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>08/20/2047<br>| &nbsp;&nbsp; 2.411% | 8043182 | &nbsp;&nbsp; 949869 |
| CMO Series 2017-149 Class BS | CMO Series 2017-149 Class BS | CMO Series 2017-149 Class BS | CMO Series 2017-149 Class BS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>10/20/2047<br>| &nbsp;&nbsp; 2.411% | 9621632 | &nbsp;&nbsp; 1296354 |
| CMO Series 2017-163 Class SA | CMO Series 2017-163 Class SA | CMO Series 2017-163 Class SA | CMO Series 2017-163 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>11/20/2047<br>| &nbsp;&nbsp; 2.411% | 4188567 | &nbsp;&nbsp; 509599 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2017-37 Class SB | CMO Series 2017-37 Class SB | CMO Series 2017-37 Class SB | CMO Series 2017-37 Class SB |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>03/20/2047<br>| &nbsp;&nbsp; 2.361% | 5774862 | &nbsp;&nbsp; 796963 |
| CMO Series 2018-103 Class SA | CMO Series 2018-103 Class SA | CMO Series 2018-103 Class SA | CMO Series 2018-103 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>08/20/2048<br>| &nbsp;&nbsp; 2.411% | 5389074 | &nbsp;&nbsp; 630741 |
| CMO Series 2018-112 Class LS | CMO Series 2018-112 Class LS | CMO Series 2018-112 Class LS | CMO Series 2018-112 Class LS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>08/20/2048<br>| &nbsp;&nbsp; 2.411% | 6739679 | &nbsp;&nbsp; 792952 |
| CMO Series 2018-125 Class SK | CMO Series 2018-125 Class SK | CMO Series 2018-125 Class SK | CMO Series 2018-125 Class SK |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.136% <br>Cap 6.250% <br>09/20/2048<br>| &nbsp;&nbsp; 2.461% | 9051188 | &nbsp;&nbsp; 930825 |
| CMO Series 2018-134 Class KS | CMO Series 2018-134 Class KS | CMO Series 2018-134 Class KS | CMO Series 2018-134 Class KS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>10/20/2048<br>| &nbsp;&nbsp; 2.411% | 7169690 | &nbsp;&nbsp; 786614 |
| CMO Series 2018-139 Class SC | CMO Series 2018-139 Class SC | CMO Series 2018-139 Class SC | CMO Series 2018-139 Class SC |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>10/20/2048<br>| &nbsp;&nbsp; 2.361% | 4975899 | &nbsp;&nbsp; 556220 |
| CMO Series 2018-148 Class SB | CMO Series 2018-148 Class SB | CMO Series 2018-148 Class SB | CMO Series 2018-148 Class SB |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>01/20/2048<br>| &nbsp;&nbsp; 2.411% | 13805629 | &nbsp;&nbsp; 1884345 |
| CMO Series 2018-151 Class SA | CMO Series 2018-151 Class SA | CMO Series 2018-151 Class SA | CMO Series 2018-151 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>11/20/2048<br>| &nbsp;&nbsp; 2.361% | 11606299 | &nbsp;&nbsp; 1327083 |
| CMO Series 2018-89 Class MS | CMO Series 2018-89 Class MS | CMO Series 2018-89 Class MS | CMO Series 2018-89 Class MS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>06/20/2048<br>| &nbsp;&nbsp; 2.411% | 6945689 | &nbsp;&nbsp; 863271 |
| CMO Series 2018-91 Class DS | CMO Series 2018-91 Class DS | CMO Series 2018-91 Class DS | CMO Series 2018-91 Class DS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>07/20/2048<br>| &nbsp;&nbsp; 2.411% | 7506246 | &nbsp;&nbsp; 799272 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2018-97 Class SM | CMO Series 2018-97 Class SM | CMO Series 2018-97 Class SM | CMO Series 2018-97 Class SM |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>07/20/2048<br>| &nbsp;&nbsp; 2.411% | 7323707 | &nbsp;&nbsp; 746054 |
| CMO Series 2019-20 Class JS | CMO Series 2019-20 Class JS | CMO Series 2019-20 Class JS | CMO Series 2019-20 Class JS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.886% <br>Cap 6.000% <br>02/20/2049<br>| &nbsp;&nbsp; 2.211% | 11346068 | &nbsp;&nbsp; 1237705 |
| CMO Series 2019-5 Class SH | CMO Series 2019-5 Class SH | CMO Series 2019-5 Class SH | CMO Series 2019-5 Class SH |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>01/20/2049<br>| &nbsp;&nbsp; 2.361% | 7952548 | &nbsp;&nbsp; 870005 |
| CMO Series 2019-56 Class SG | CMO Series 2019-56 Class SG | CMO Series 2019-56 Class SG | CMO Series 2019-56 Class SG |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>05/20/2049<br>| &nbsp;&nbsp; 2.361% | 8418467 | &nbsp;&nbsp; 959727 |
| CMO Series 2019-59 Class KS | CMO Series 2019-59 Class KS | CMO Series 2019-59 Class KS | CMO Series 2019-59 Class KS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>05/20/2049<br>| &nbsp;&nbsp; 2.261% | 8477559 | &nbsp;&nbsp; 967764 |
| CMO Series 2019-85 Class SC | CMO Series 2019-85 Class SC | CMO Series 2019-85 Class SC | CMO Series 2019-85 Class SC |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>07/20/2049<br>| &nbsp;&nbsp; 2.361% | 7591676 | &nbsp;&nbsp; 681744 |
| CMO Series 2019-90 Class SD | CMO Series 2019-90 Class SD | CMO Series 2019-90 Class SD | CMO Series 2019-90 Class SD |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>07/20/2049<br>| &nbsp;&nbsp; 2.361% | 11010270 | &nbsp;&nbsp; 1497161 |
| CMO Series 2019-99 Class SJ | CMO Series 2019-99 Class SJ | CMO Series 2019-99 Class SJ | CMO Series 2019-99 Class SJ |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>08/20/2049<br>| &nbsp;&nbsp; 2.261% | 23350700 | &nbsp;&nbsp; 2625403 |
| CMO Series 2020-188 Class SA | CMO Series 2020-188 Class SA | CMO Series 2020-188 Class SA | CMO Series 2020-188 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>12/20/2050<br>| &nbsp;&nbsp; 2.511% | 14381339 | &nbsp;&nbsp; 2001143 |
| CMO Series 2020-21 Class VS | CMO Series 2020-21 Class VS | CMO Series 2020-21 Class VS | CMO Series 2020-21 Class VS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.164% <br>Cap 6.050% <br>02/20/2050<br>| &nbsp;&nbsp; 2.261% | 5839798 | &nbsp;&nbsp; 757675 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2020-61 Class SW | CMO Series 2020-61 Class SW | CMO Series 2020-61 Class SW | CMO Series 2020-61 Class SW |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>08/20/2049<br>| &nbsp;&nbsp; 2.261% | 22533247 | &nbsp;&nbsp; 2425362 |
| CMO Series 2020-62 Class SG | CMO Series 2020-62 Class SG | CMO Series 2020-62 Class SG | CMO Series 2020-62 Class SG |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>05/20/2050<br>| &nbsp;&nbsp; 2.361% | 8692277 | &nbsp;&nbsp; 987045 |
| CMO Series 2022-18 Class SL | CMO Series 2022-18 Class SL | CMO Series 2022-18 Class SL | CMO Series 2022-18 Class SL |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.300% <br>Cap 6.300% <br>01/20/2052<br>| &nbsp;&nbsp; 2.627% | 24379064 | &nbsp;&nbsp; 3699396 |
| CMO Series 2022-190 Class ES | CMO Series 2022-190 Class ES | CMO Series 2022-190 Class ES | CMO Series 2022-190 Class ES |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.050% <br>Cap 6.050% <br>10/20/2049<br>| &nbsp;&nbsp; 2.261% | 21588836 | &nbsp;&nbsp; 2093197 |
| CMO Series 2022-207 Class SC | CMO Series 2022-207 Class SC | CMO Series 2022-207 Class SC | CMO Series 2022-207 Class SC |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>01/20/2050<br>| &nbsp;&nbsp; 2.311% | 35815599 | &nbsp;&nbsp; 4214841 |
| CMO Series 2022-63 Class GS | CMO Series 2022-63 Class GS | CMO Series 2022-63 Class GS | CMO Series 2022-63 Class GS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.500% <br>Cap 5.500% <br>04/20/2052<br>| &nbsp;&nbsp; 1.827% | 21582677 | &nbsp;&nbsp; 2194488 |
| CMO Series 2022-81 Class SK | CMO Series 2022-81 Class SK | CMO Series 2022-81 Class SK | CMO Series 2022-81 Class SK |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>08/20/2047<br>| &nbsp;&nbsp; 2.411% | 19393364 | &nbsp;&nbsp; 2215930 |
| CMO Series 2023-101 Class SE | CMO Series 2023-101 Class SE | CMO Series 2023-101 Class SE | CMO Series 2023-101 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>07/20/2053<br>| &nbsp;&nbsp; 2.327% | 19030701 | &nbsp;&nbsp; 1006912 |
| CMO Series 2023-132 Class SB | CMO Series 2023-132 Class SB | CMO Series 2023-132 Class SB | CMO Series 2023-132 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.500% <br>Cap 6.500% <br>09/20/2053<br>| &nbsp;&nbsp; 2.827% | 40653235 | &nbsp;&nbsp; 3412168 |
| CMO Series 2023-141 Class SN | CMO Series 2023-141 Class SN | CMO Series 2023-141 Class SN | CMO Series 2023-141 Class SN |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>04/20/2049<br>| &nbsp;&nbsp; 2.261% | 33624481 | &nbsp;&nbsp; 3927403 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2023-17 Class SY | CMO Series 2023-17 Class SY | CMO Series 2023-17 Class SY | CMO Series 2023-17 Class SY |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>05/20/2050<br>| &nbsp;&nbsp; 2.261% | 34452024 | &nbsp;&nbsp; 3606848 |
| CMO Series 2023-66 Class AS | CMO Series 2023-66 Class AS | CMO Series 2023-66 Class AS | CMO Series 2023-66 Class AS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>09/20/2049<br>| &nbsp;&nbsp; 2.311% | 30930935 | &nbsp;&nbsp; 3578855 |
| CMO Series 2024-125 Class SW | CMO Series 2024-125 Class SW | CMO Series 2024-125 Class SW | CMO Series 2024-125 Class SW |
| &nbsp;&nbsp; 30-day Average SOFR + 6.050% <br>Cap 6.050% <br>08/20/2054<br>| &nbsp;&nbsp; 2.377% | 37195338 | &nbsp;&nbsp; 3382321 |
| CMO Series 2024-30 Class XH | CMO Series 2024-30 Class XH | CMO Series 2024-30 Class XH | CMO Series 2024-30 Class XH |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.850% <br>Cap 5.850% <br>02/20/2054<br>| &nbsp;&nbsp; 2.177% | 34184369 | &nbsp;&nbsp; 2812392 |
| CMO Series 2024-51 Class SA | CMO Series 2024-51 Class SA | CMO Series 2024-51 Class SA | CMO Series 2024-51 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>03/20/2054<br>| &nbsp;&nbsp; 2.327% | 28968047 | &nbsp;&nbsp; 2621070 |
| CMO Series 2024-59 Class JS | CMO Series 2024-59 Class JS | CMO Series 2024-59 Class JS | CMO Series 2024-59 Class JS |
| &nbsp;&nbsp; 30-day Average SOFR + 7.150% <br>Cap 7.150% <br>04/20/2054<br>| &nbsp;&nbsp; 3.477% | 44144812 | &nbsp;&nbsp; 4592619 |
| CMO Series 2024-59 Class SW | CMO Series 2024-59 Class SW | CMO Series 2024-59 Class SW | CMO Series 2024-59 Class SW |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.450% <br>Cap 5.450% <br>04/20/2054<br>| &nbsp;&nbsp; 1.777% | 28374534 | &nbsp;&nbsp; 1938926 |
| CMO Series 2024-64 Class KS | CMO Series 2024-64 Class KS | CMO Series 2024-64 Class KS | CMO Series 2024-64 Class KS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.450% <br>Cap 5.450% <br>04/20/2054<br>| &nbsp;&nbsp; 1.777% | 62793786 | &nbsp;&nbsp; 4890688 |
| CMO Series 2024-79 Class SC | CMO Series 2024-79 Class SC | CMO Series 2024-79 Class SC | CMO Series 2024-79 Class SC |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.350% <br>Cap 5.350% <br>05/20/2054<br>| &nbsp;&nbsp; 1.677% | 58232440 | &nbsp;&nbsp; 3237240 |
| CMO Series 2024-92 Class DS | CMO Series 2024-92 Class DS | CMO Series 2024-92 Class DS | CMO Series 2024-92 Class DS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.950% <br>Cap 5.950% <br>05/20/2054<br>| &nbsp;&nbsp; 2.277% | 21936871 | &nbsp;&nbsp; 1630772 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** | **Residential Mortgage-Backed Securities - Agency**<sup>(p)</sup> **(continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2025-150 Class MS | CMO Series 2025-150 Class MS | CMO Series 2025-150 Class MS | CMO Series 2025-150 Class MS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 4.350% <br>Cap 4.350% <br>09/20/2055<br>| &nbsp;&nbsp; 0.677% | 170404905 | &nbsp;&nbsp; 4477985 |
| Government National Mortgage Association<sup>(c)</sup>  | Government National Mortgage Association<sup>(c)</sup>  | Government National Mortgage Association<sup>(c)</sup>  | Government National Mortgage Association<sup>(c)</sup>  |
| CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M |
| &nbsp;&nbsp; 30-day Average SOFR + 4.000% <br>Floor 4.000%, Cap 7.700% <br>03/20/2055<br>| &nbsp;&nbsp; 7.673% | 11492238 | &nbsp;&nbsp; 11700235 |
| Government National Mortgage Association TBA<sup>(d)</sup>  | Government National Mortgage Association TBA<sup>(d)</sup>  | Government National Mortgage Association TBA<sup>(d)</sup>  | Government National Mortgage Association TBA<sup>(d)</sup>  |
| 04/21/2056 | &nbsp;&nbsp; 4.500% | 14000000 | &nbsp;&nbsp; 13522616 |
| 04/21/2056 | &nbsp;&nbsp; 5.000% | 22000000 | &nbsp;&nbsp; 21786651 |
| Uniform Mortgage-Backed Security TBA<sup>(d)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(d)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(d)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(d)</sup>  |
| 04/16/2041 | &nbsp;&nbsp; 3.000% | 66000000 | &nbsp;&nbsp; 63027779 |
| 04/16/2041 | &nbsp;&nbsp; 3.500% | 8000000 | &nbsp;&nbsp; 7700414 |
| 04/13/2056 | &nbsp;&nbsp; 4.000% | 23000000 | &nbsp;&nbsp; 21701044 |
| 04/13/2056 | &nbsp;&nbsp; 4.500% | 45000000 | &nbsp;&nbsp; 43425255 |
| 04/13/2056 | &nbsp;&nbsp; 5.000% | 42500000 | &nbsp;&nbsp; 41910382 |
| 04/13/2056 | &nbsp;&nbsp; 5.500% | 11250000 | &nbsp;&nbsp; 11301817 |
| 04/13/2056 | &nbsp;&nbsp; 6.000% | 43000000 | &nbsp;&nbsp; 43831104 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $1,188,973,049) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $1,188,973,049) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $1,188,973,049) | &nbsp;&nbsp; **1159774009** |
| **Residential Mortgage-Backed Securities - Non-Agency 14.7%** | **Residential Mortgage-Backed Securities - Non-Agency 14.7%** | **Residential Mortgage-Backed Securities - Non-Agency 14.7%** | **Residential Mortgage-Backed Securities - Non-Agency 14.7%** |
| A&D Mortgage Trust<sup>(a),(j)</sup>  | A&D Mortgage Trust<sup>(a),(j)</sup>  | A&D Mortgage Trust<sup>(a),(j)</sup>  | A&D Mortgage Trust<sup>(a),(j)</sup>  |
| CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 |
| 02/25/2069 | &nbsp;&nbsp; 6.195% | 3689715 | &nbsp;&nbsp; 3706328 |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 5.374% | 11493671 | &nbsp;&nbsp; 11506019 |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 10/25/2070 | &nbsp;&nbsp; 5.225% | 11529784 | &nbsp;&nbsp; 11515098 |
| A&D Mortgage Trust<sup>(a),(g)</sup>  | A&D Mortgage Trust<sup>(a),(g)</sup>  | A&D Mortgage Trust<sup>(a),(g)</sup>  | A&D Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2026-NQM1 Class A1 | CMO Series 2026-NQM1 Class A1 | CMO Series 2026-NQM1 Class A1 | CMO Series 2026-NQM1 Class A1 |
| 02/25/2071 | &nbsp;&nbsp; 4.912% | 9876060 | &nbsp;&nbsp; 9804498 |
| AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  | AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  | AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  | AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  |
| CMO Series 2021-WL1 Class A1 | CMO Series 2021-WL1 Class A1 | CMO Series 2021-WL1 Class A1 | CMO Series 2021-WL1 Class A1 |
| 01/25/2026 | &nbsp;&nbsp; 3.280% | 698432 | &nbsp;&nbsp; 534524 |
| Angel Oak Mortgage Trust<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-R1 Class M1 | CMO Series 2020-R1 Class M1 | CMO Series 2020-R1 Class M1 | CMO Series 2020-R1 Class M1 |
| 04/25/2053 | &nbsp;&nbsp; 2.781% | 3918000 | &nbsp;&nbsp; 3647609 |
| Angel Oak Mortgage Trust<sup>(a),(j)</sup>  | Angel Oak Mortgage Trust<sup>(a),(j)</sup>  | Angel Oak Mortgage Trust<sup>(a),(j)</sup>  | Angel Oak Mortgage Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-8 Class A1 | CMO Series 2025-8 Class A1 | CMO Series 2025-8 Class A1 | CMO Series 2025-8 Class A1 |
| 07/25/2070 | &nbsp;&nbsp; 5.410% | 7297304 | &nbsp;&nbsp; 7311169 |
| Arroyo Mortgage Trust<sup>(a),(g)</sup>  | Arroyo Mortgage Trust<sup>(a),(g)</sup>  | Arroyo Mortgage Trust<sup>(a),(g)</sup>  | Arroyo Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 |
| 04/25/2049 | &nbsp;&nbsp; 3.800% | 917801 | &nbsp;&nbsp; 903077 |
| Bunker Hill Loan Depositary Trust<sup>(a),(j)</sup>  | Bunker Hill Loan Depositary Trust<sup>(a),(j)</sup>  | Bunker Hill Loan Depositary Trust<sup>(a),(j)</sup>  | Bunker Hill Loan Depositary Trust<sup>(a),(j)</sup>  |
| CMO Series 2019-3 Class A3 | CMO Series 2019-3 Class A3 | CMO Series 2019-3 Class A3 | CMO Series 2019-3 Class A3 |
| 11/25/2059 | &nbsp;&nbsp; 3.135% | 226123 | &nbsp;&nbsp; 224968 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CHNGE Mortgage Trust<sup>(a),(g)</sup>  | CHNGE Mortgage Trust<sup>(a),(g)</sup>  | CHNGE Mortgage Trust<sup>(a),(g)</sup>  | CHNGE Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 |
| 03/25/2067 | &nbsp;&nbsp; 3.757% | 9840351 | &nbsp;&nbsp; 9749842 |
| CHNGE Mortgage Trust<sup>(a),(j)</sup>  | CHNGE Mortgage Trust<sup>(a),(j)</sup>  | CHNGE Mortgage Trust<sup>(a),(j)</sup>  | CHNGE Mortgage Trust<sup>(a),(j)</sup>  |
| CMO Series 2023-3 Class A1 | CMO Series 2023-3 Class A1 | CMO Series 2023-3 Class A1 | CMO Series 2023-3 Class A1 |
| 07/25/2058 | &nbsp;&nbsp; 7.100% | 5184103 | &nbsp;&nbsp; 5184061 |
| CIM Trust<sup>(a),(j)</sup>  | CIM Trust<sup>(a),(j)</sup>  | CIM Trust<sup>(a),(j)</sup>  | CIM Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-NR1 Class A1 | CMO Series 2025-NR1 Class A1 | CMO Series 2025-NR1 Class A1 | CMO Series 2025-NR1 Class A1 |
| 06/25/2064 | &nbsp;&nbsp; 5.000% | 4967350 | &nbsp;&nbsp; 4859445 |
| Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  | Citigroup Mortgage Loan Trust, Inc.<sup>(a)</sup>  |
| CMO Series 2015-RP2 Class B3 | CMO Series 2015-RP2 Class B3 | CMO Series 2015-RP2 Class B3 | CMO Series 2015-RP2 Class B3 |
| 01/25/2053 | &nbsp;&nbsp; 4.250% | 1291683 | &nbsp;&nbsp; 1262888 |
| Subordinated CMO Series 2014-C Class B1 | Subordinated CMO Series 2014-C Class B1 | Subordinated CMO Series 2014-C Class B1 | Subordinated CMO Series 2014-C Class B1 |
| 02/25/2054 | &nbsp;&nbsp; 4.250% | 24131 | &nbsp;&nbsp; 24054 |
| COLT Mortgage Loan Trust<sup>(a),(g)</sup>  | COLT Mortgage Loan Trust<sup>(a),(g)</sup>  | COLT Mortgage Loan Trust<sup>(a),(g)</sup>  | COLT Mortgage Loan Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 |
| 09/27/2066 | &nbsp;&nbsp; 0.956% | 7521600 | &nbsp;&nbsp; 6258378 |
| CMO Series 2021-3 Class A2 | CMO Series 2021-3 Class A2 | CMO Series 2021-3 Class A2 | CMO Series 2021-3 Class A2 |
| 09/27/2066 | &nbsp;&nbsp; 1.162% | 3113717 | &nbsp;&nbsp; 2617198 |
| CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 |
| 11/26/2066 | &nbsp;&nbsp; 2.807% | 8381000 | &nbsp;&nbsp; 6528129 |
| COLT Mortgage Loan Trust<sup>(a),(j)</sup>  | COLT Mortgage Loan Trust<sup>(a),(j)</sup>  | COLT Mortgage Loan Trust<sup>(a),(j)</sup>  | COLT Mortgage Loan Trust<sup>(a),(j)</sup>  |
| CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 |
| 12/26/2069 | &nbsp;&nbsp; 5.538% | 5344870 | &nbsp;&nbsp; 5360054 |
| Cross Mortgage Trust<sup>(a),(g)</sup>  | Cross Mortgage Trust<sup>(a),(g)</sup>  | Cross Mortgage Trust<sup>(a),(g)</sup>  | Cross Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2024-H7 Class A1 | CMO Series 2024-H7 Class A1 | CMO Series 2024-H7 Class A1 | CMO Series 2024-H7 Class A1 |
| 11/25/2069 | &nbsp;&nbsp; 5.585% | 7947478 | &nbsp;&nbsp; 7973240 |
| CMO Series 2025-H5 Class A1 | CMO Series 2025-H5 Class A1 | CMO Series 2025-H5 Class A1 | CMO Series 2025-H5 Class A1 |
| 07/25/2070 | &nbsp;&nbsp; 5.509% | 4532348 | &nbsp;&nbsp; 4545957 |
| CSMC Trust<sup>(a),(g)</sup>  | CSMC Trust<sup>(a),(g)</sup>  | CSMC Trust<sup>(a),(g)</sup>  | CSMC Trust<sup>(a),(g)</sup>  |
| CMO Series 2022-NQM5 Class M1 | CMO Series 2022-NQM5 Class M1 | CMO Series 2022-NQM5 Class M1 | CMO Series 2022-NQM5 Class M1 |
| 05/25/2067 | &nbsp;&nbsp; 5.169% | 6477700 | &nbsp;&nbsp; 6452686 |
| Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  | Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  | Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  | Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-4 Class A3 | CMO Series 2021-4 Class A3 | CMO Series 2021-4 Class A3 | CMO Series 2021-4 Class A3 |
| 11/25/2066 | &nbsp;&nbsp; 2.239% | 4617571 | &nbsp;&nbsp; 4100207 |
| EASY<sup>(a),(j)</sup>  | EASY<sup>(a),(j)</sup>  | EASY<sup>(a),(j)</sup>  | EASY<sup>(a),(j)</sup>  |
| CMO Series 2025-RTL1 Class A1 | CMO Series 2025-RTL1 Class A1 | CMO Series 2025-RTL1 Class A1 | CMO Series 2025-RTL1 Class A1 |
| 05/25/2040 | &nbsp;&nbsp; 6.456% | 8250000 | &nbsp;&nbsp; 8319467 |
| Ellington Financial Mortgage Trust<sup>(a),(g)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(g)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(g)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 |
| 11/25/2059 | &nbsp;&nbsp; 3.469% | 5761000 | &nbsp;&nbsp; 5609339 |
| FIGRE Trust<sup>(a),(g)</sup>  | FIGRE Trust<sup>(a),(g)</sup>  | FIGRE Trust<sup>(a),(g)</sup>  | FIGRE Trust<sup>(a),(g)</sup>  |
| CMO Series 2023-HE3 Class B | CMO Series 2023-HE3 Class B | CMO Series 2023-HE3 Class B | CMO Series 2023-HE3 Class B |
| 01/25/2042 | &nbsp;&nbsp; 6.971% | 3250957 | &nbsp;&nbsp; 3341462 |
| Figure Line of Credit Trust<sup>(a),(g)</sup>  | Figure Line of Credit Trust<sup>(a),(g)</sup>  | Figure Line of Credit Trust<sup>(a),(g)</sup>  | Figure Line of Credit Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-1 Class A | CMO Series 2020-1 Class A | CMO Series 2020-1 Class A | CMO Series 2020-1 Class A |
| 09/25/2049 | &nbsp;&nbsp; 4.040% | 883043 | &nbsp;&nbsp; 858967 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Freddie Mac STACR REMIC Trust<sup>(a),(c)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(c)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(c)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(c)</sup>  |
| CMO Series 2021-DNA5 Class M2 | CMO Series 2021-DNA5 Class M2 | CMO Series 2021-DNA5 Class M2 | CMO Series 2021-DNA5 Class M2 |
| &nbsp;&nbsp; 30-day Average SOFR + 1.650% <br>01/25/2034<br>| &nbsp;&nbsp; 5.312% | 1381373 | &nbsp;&nbsp; 1385003 |
| Subordinated CMO Series 2021-DNA1 Class B2 | Subordinated CMO Series 2021-DNA1 Class B2 | Subordinated CMO Series 2021-DNA1 Class B2 | Subordinated CMO Series 2021-DNA1 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + 4.750% <br>01/25/2051<br>| &nbsp;&nbsp; 8.412% | 10256000 | &nbsp;&nbsp; 11375588 |
| Subordinated CMO Series 2022-DNA6 Class M1A | Subordinated CMO Series 2022-DNA6 Class M1A | Subordinated CMO Series 2022-DNA6 Class M1A | Subordinated CMO Series 2022-DNA6 Class M1A |
| &nbsp;&nbsp; 30-day Average SOFR + 2.150% <br>09/25/2042<br>| &nbsp;&nbsp; 5.812% | 1455070 | &nbsp;&nbsp; 1457749 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(c)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(c)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(c)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(c)</sup>  |
| CMO Series 2020-CS01 Class B1 | CMO Series 2020-CS01 Class B1 | CMO Series 2020-CS01 Class B1 | CMO Series 2020-CS01 Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + 0.114% <br>04/25/2033<br>| &nbsp;&nbsp; 4.454% | 6913830 | &nbsp;&nbsp; 6688278 |
| GCAT Trust<sup>(a),(g)</sup>  | GCAT Trust<sup>(a),(g)</sup>  | GCAT Trust<sup>(a),(g)</sup>  | GCAT Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-NQM3 Class A3 | CMO Series 2019-NQM3 Class A3 | CMO Series 2019-NQM3 Class A3 | CMO Series 2019-NQM3 Class A3 |
| 11/25/2059 | &nbsp;&nbsp; 3.043% | 1410151 | &nbsp;&nbsp; 1392255 |
| CMO Series 2021-CM1 Class A1 | CMO Series 2021-CM1 Class A1 | CMO Series 2021-CM1 Class A1 | CMO Series 2021-CM1 Class A1 |
| 04/25/2065 | &nbsp;&nbsp; 2.469% | 4046731 | &nbsp;&nbsp; 3911535 |
| CMO Series 2021-CM2 Class A1 | CMO Series 2021-CM2 Class A1 | CMO Series 2021-CM2 Class A1 | CMO Series 2021-CM2 Class A1 |
| 08/25/2066 | &nbsp;&nbsp; 2.352% | 2511226 | &nbsp;&nbsp; 2387826 |
| CMO Series 2021-NQM6 Class A2 | CMO Series 2021-NQM6 Class A2 | CMO Series 2021-NQM6 Class A2 | CMO Series 2021-NQM6 Class A2 |
| 08/25/2066 | &nbsp;&nbsp; 2.710% | 5000000 | &nbsp;&nbsp; 4287666 |
| CMO Series 2021-NQM6 Class A3 | CMO Series 2021-NQM6 Class A3 | CMO Series 2021-NQM6 Class A3 | CMO Series 2021-NQM6 Class A3 |
| 08/25/2066 | &nbsp;&nbsp; 2.810% | 8003000 | &nbsp;&nbsp; 6550274 |
| CMO Series 2025-NQM5 Class A1 | CMO Series 2025-NQM5 Class A1 | CMO Series 2025-NQM5 Class A1 | CMO Series 2025-NQM5 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 4.981% | 15225652 | &nbsp;&nbsp; 15136894 |
| GCAT Trust<sup>(a),(j)</sup>  | GCAT Trust<sup>(a),(j)</sup>  | GCAT Trust<sup>(a),(j)</sup>  | GCAT Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 05/25/2070 | &nbsp;&nbsp; 5.550% | 5815388 | &nbsp;&nbsp; 5834019 |
| GITSIT Mortgage Loan Trust<sup>(a),(j)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(j)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(j)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 |
| 02/25/2055 | &nbsp;&nbsp; 6.276% | 2332340 | &nbsp;&nbsp; 2333816 |
| GS Mortgage-Backed Securities Corp. Trust<sup>(a),(j)</sup>  | GS Mortgage-Backed Securities Corp. Trust<sup>(a),(j)</sup>  | GS Mortgage-Backed Securities Corp. Trust<sup>(a),(j)</sup>  | GS Mortgage-Backed Securities Corp. Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 |
| 11/25/2029 | &nbsp;&nbsp; 5.021% | 8631108 | &nbsp;&nbsp; 8587462 |
| GS Mortgage-Backed Securities Trust<sup>(a),(j)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(j)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(j)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 10/25/2065 | &nbsp;&nbsp; 5.006% | 8745259 | &nbsp;&nbsp; 8699320 |
| HOMES Trust<sup>(a),(j)</sup>  | HOMES Trust<sup>(a),(j)</sup>  | HOMES Trust<sup>(a),(j)</sup>  | HOMES Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-AFC2 Class AIA | CMO Series 2025-AFC2 Class AIA | CMO Series 2025-AFC2 Class AIA | CMO Series 2025-AFC2 Class AIA |
| 06/25/2060 | &nbsp;&nbsp; 5.471% | 3826204 | &nbsp;&nbsp; 3838566 |
| HOMES Trust<sup>(a),(g)</sup>  | HOMES Trust<sup>(a),(g)</sup>  | HOMES Trust<sup>(a),(g)</sup>  | HOMES Trust<sup>(a),(g)</sup>  |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 5.220% | 6995198 | &nbsp;&nbsp; 6986095 |
| HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  |
| CMO Series 2024-2 Class A | CMO Series 2024-2 Class A | CMO Series 2024-2 Class A | CMO Series 2024-2 Class A |
| 04/25/2042 | &nbsp;&nbsp; 6.500% | 6500284 | &nbsp;&nbsp; 6456993 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2025-1 Class A | CMO Series 2025-1 Class A | CMO Series 2025-1 Class A | CMO Series 2025-1 Class A |
| 11/25/2042 | &nbsp;&nbsp; 6.500% | 4492956 | &nbsp;&nbsp; 4509928 |
| Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-NQM4 Class A2 | CMO Series 2021-NQM4 Class A2 | CMO Series 2021-NQM4 Class A2 | CMO Series 2021-NQM4 Class A2 |
| 01/25/2057 | &nbsp;&nbsp; 2.296% | 3235685 | &nbsp;&nbsp; 2881952 |
| MFA Trust<sup>(a),(g)</sup>  | MFA Trust<sup>(a),(g)</sup>  | MFA Trust<sup>(a),(g)</sup>  | MFA Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-NQM2 Class M1 | CMO Series 2020-NQM2 Class M1 | CMO Series 2020-NQM2 Class M1 | CMO Series 2020-NQM2 Class M1 |
| 04/25/2065 | &nbsp;&nbsp; 3.034% | 10000000 | &nbsp;&nbsp; 9683619 |
| CMO Series 2024-RPL1 Class A2 | CMO Series 2024-RPL1 Class A2 | CMO Series 2024-RPL1 Class A2 | CMO Series 2024-RPL1 Class A2 |
| 02/25/2066 | &nbsp;&nbsp; 4.250% | 6200000 | &nbsp;&nbsp; 5220890 |
| Mill City Mortgage Loan Trust<sup>(a),(j)</sup>  | Mill City Mortgage Loan Trust<sup>(a),(j)</sup>  | Mill City Mortgage Loan Trust<sup>(a),(j)</sup>  | Mill City Mortgage Loan Trust<sup>(a),(j)</sup>  |
| CMO Series 2023-NQM1 Class A1 | CMO Series 2023-NQM1 Class A1 | CMO Series 2023-NQM1 Class A1 | CMO Series 2023-NQM1 Class A1 |
| 10/25/2067 | &nbsp;&nbsp; 6.050% | 3651774 | &nbsp;&nbsp; 3642593 |
| NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  |
| CMO Series 2021-GNT1 Class A | CMO Series 2021-GNT1 Class A | CMO Series 2021-GNT1 Class A | CMO Series 2021-GNT1 Class A |
| 11/25/2026 | &nbsp;&nbsp; 3.474% | 3215597 | &nbsp;&nbsp; 3160995 |
| OBX Trust<sup>(a),(g)</sup>  | OBX Trust<sup>(a),(g)</sup>  | OBX Trust<sup>(a),(g)</sup>  | OBX Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-NQM3 Class A1 | CMO Series 2021-NQM3 Class A1 | CMO Series 2021-NQM3 Class A1 | CMO Series 2021-NQM3 Class A1 |
| 07/25/2061 | &nbsp;&nbsp; 1.054% | 4482719 | &nbsp;&nbsp; 3759789 |
| CMO Series 2025-NQM13 Class A1 | CMO Series 2025-NQM13 Class A1 | CMO Series 2025-NQM13 Class A1 | CMO Series 2025-NQM13 Class A1 |
| 05/25/2065 | &nbsp;&nbsp; 5.441% | 10677161 | &nbsp;&nbsp; 10702648 |
| OBX Trust<sup>(a),(j)</sup>  | OBX Trust<sup>(a),(j)</sup>  | OBX Trust<sup>(a),(j)</sup>  | OBX Trust<sup>(a),(j)</sup>  |
| CMO Series 2024-NQM16 Class A1 | CMO Series 2024-NQM16 Class A1 | CMO Series 2024-NQM16 Class A1 | CMO Series 2024-NQM16 Class A1 |
| 10/25/2064 | &nbsp;&nbsp; 5.530% | 4661886 | &nbsp;&nbsp; 4673905 |
| PRET LLC<sup>(a),(j)</sup>  | PRET LLC<sup>(a),(j)</sup>  | PRET LLC<sup>(a),(j)</sup>  | PRET LLC<sup>(a),(j)</sup>  |
| CMO Series 2025-NPL4 Class A1 | CMO Series 2025-NPL4 Class A1 | CMO Series 2025-NPL4 Class A1 | CMO Series 2025-NPL4 Class A1 |
| 04/25/2055 | &nbsp;&nbsp; 6.368% | 8048635 | &nbsp;&nbsp; 8053167 |
| PRKCM Trust<sup>(a),(g)</sup>  | PRKCM Trust<sup>(a),(g)</sup>  | PRKCM Trust<sup>(a),(g)</sup>  | PRKCM Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-AFC1 Class M1 | CMO Series 2021-AFC1 Class M1 | CMO Series 2021-AFC1 Class M1 | CMO Series 2021-AFC1 Class M1 |
| 08/25/2056 | &nbsp;&nbsp; 3.114% | 6966000 | &nbsp;&nbsp; 5111298 |
| PRPM LLC<sup>(a),(j)</sup>  | PRPM LLC<sup>(a),(j)</sup>  | PRPM LLC<sup>(a),(j)</sup>  | PRPM LLC<sup>(a),(j)</sup>  |
| CMO Series 2025-2 Class A1 | CMO Series 2025-2 Class A1 | CMO Series 2025-2 Class A1 | CMO Series 2025-2 Class A1 |
| 05/25/2030 | &nbsp;&nbsp; 6.469% | 7736968 | &nbsp;&nbsp; 7715688 |
| PRPM Trust<sup>(a),(g)</sup>  | PRPM Trust<sup>(a),(g)</sup>  | PRPM Trust<sup>(a),(g)</sup>  | PRPM Trust<sup>(a),(g)</sup>  |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 05/25/2070 | &nbsp;&nbsp; 5.606% | 8911268 | &nbsp;&nbsp; 8953398 |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 07/25/2070 | &nbsp;&nbsp; 4.980% | 6246656 | &nbsp;&nbsp; 6211025 |
| RCO Trust<sup>(a),(j)</sup>  | RCO Trust<sup>(a),(j)</sup>  | RCO Trust<sup>(a),(j)</sup>  | RCO Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-PR1 Class A | CMO Series 2025-PR1 Class A | CMO Series 2025-PR1 Class A | CMO Series 2025-PR1 Class A |
| 02/25/2055 | &nbsp;&nbsp; 6.250% | 6321075 | &nbsp;&nbsp; 6251872 |
| RCO VIII Mortgage LLC<sup>(a),(j)</sup>  | RCO VIII Mortgage LLC<sup>(a),(j)</sup>  | RCO VIII Mortgage LLC<sup>(a),(j)</sup>  | RCO VIII Mortgage LLC<sup>(a),(j)</sup>  |
| CMO Series 2025-3 Class A1 | CMO Series 2025-3 Class A1 | CMO Series 2025-3 Class A1 | CMO Series 2025-3 Class A1 |
| 05/25/2030 | &nbsp;&nbsp; 6.435% | 3729819 | &nbsp;&nbsp; 3733714 |
| SAIF Securitization Trust<sup>(a),(j)</sup>  | SAIF Securitization Trust<sup>(a),(j)</sup>  | SAIF Securitization Trust<sup>(a),(j)</sup>  | SAIF Securitization Trust<sup>(a),(j)</sup>  |
| CMO Series 2025-CES1 Class A1 | CMO Series 2025-CES1 Class A1 | CMO Series 2025-CES1 Class A1 | CMO Series 2025-CES1 Class A1 |
| 06/25/2065 | &nbsp;&nbsp; 5.406% | 7369694 | &nbsp;&nbsp; 7369235 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| SG Residential Mortgage Trust<sup>(a),(g)</sup>  | SG Residential Mortgage Trust<sup>(a),(g)</sup>  | SG Residential Mortgage Trust<sup>(a),(g)</sup>  | SG Residential Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-3 Class M1 | CMO Series 2019-3 Class M1 | CMO Series 2019-3 Class M1 | CMO Series 2019-3 Class M1 |
| 09/25/2059 | &nbsp;&nbsp; 3.526% | 6717321 | &nbsp;&nbsp; 6626933 |
| Starwood Mortgage Residential Trust<sup>(a)</sup>  | Starwood Mortgage Residential Trust<sup>(a)</sup>  | Starwood Mortgage Residential Trust<sup>(a)</sup>  | Starwood Mortgage Residential Trust<sup>(a)</sup>  |
| CMO Series 2020-INV1 Class M1 | CMO Series 2020-INV1 Class M1 | CMO Series 2020-INV1 Class M1 | CMO Series 2020-INV1 Class M1 |
| 11/25/2055 | &nbsp;&nbsp; 2.501% | 2900000 | &nbsp;&nbsp; 2733350 |
| Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 |
| 06/25/2056 | &nbsp;&nbsp; 1.127% | 2073929 | &nbsp;&nbsp; 1802645 |
| CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 |
| 02/25/2067 | &nbsp;&nbsp; 4.174% | 2785384 | &nbsp;&nbsp; 2691615 |
| Structured Agency Credit Risk<sup>(c)</sup>  | Structured Agency Credit Risk<sup>(c)</sup>  | Structured Agency Credit Risk<sup>(c)</sup>  | Structured Agency Credit Risk<sup>(c)</sup>  |
| Subordinated CMO Series 2020-CS02 Class B1 | Subordinated CMO Series 2020-CS02 Class B1 | Subordinated CMO Series 2020-CS02 Class B1 | Subordinated CMO Series 2020-CS02 Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + 0.114% <br>06/25/2033<br>| &nbsp;&nbsp; 4.465% | 5670344 | &nbsp;&nbsp; 5541636 |
| Toorak Mortgage Trust<sup>(a),(j)</sup>  | Toorak Mortgage Trust<sup>(a),(j)</sup>  | Toorak Mortgage Trust<sup>(a),(j)</sup>  | Toorak Mortgage Trust<sup>(a),(j)</sup>  |
| CMO Series 2024-RRTL2 Class A1 | CMO Series 2024-RRTL2 Class A1 | CMO Series 2024-RRTL2 Class A1 | CMO Series 2024-RRTL2 Class A1 |
| 09/25/2039 | &nbsp;&nbsp; 5.504% | 12375000 | &nbsp;&nbsp; 12409662 |
| Towd Point Mortgage Trust<sup>(a),(g)</sup>  | Towd Point Mortgage Trust<sup>(a),(g)</sup>  | Towd Point Mortgage Trust<sup>(a),(g)</sup>  | Towd Point Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-4 Class M1B | CMO Series 2019-4 Class M1B | CMO Series 2019-4 Class M1B | CMO Series 2019-4 Class M1B |
| 10/25/2059 | &nbsp;&nbsp; 3.000% | 24114000 | &nbsp;&nbsp; 20497785 |
| Unlock HEA Trust<sup>(a)</sup>  | Unlock HEA Trust<sup>(a)</sup>  | Unlock HEA Trust<sup>(a)</sup>  | Unlock HEA Trust<sup>(a)</sup>  |
| CMO Series 2023-1 Class A | CMO Series 2023-1 Class A | CMO Series 2023-1 Class A | CMO Series 2023-1 Class A |
| 10/25/2038 | &nbsp;&nbsp; 7.000% | 7539256 | &nbsp;&nbsp; 7523054 |
| Verus Securitization Trust<sup>(a),(g)</sup>  | Verus Securitization Trust<sup>(a),(g)</sup>  | Verus Securitization Trust<sup>(a),(g)</sup>  | Verus Securitization Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-5 Class A2 | CMO Series 2021-5 Class A2 | CMO Series 2021-5 Class A2 | CMO Series 2021-5 Class A2 |
| 09/25/2066 | &nbsp;&nbsp; 1.218% | 2056817 | &nbsp;&nbsp; 1776086 |
| CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 |
| 09/25/2066 | &nbsp;&nbsp; 1.373% | 3893260 | &nbsp;&nbsp; 3376439 |
| CMO Series 2021-5 Class M1 | CMO Series 2021-5 Class M1 | CMO Series 2021-5 Class M1 | CMO Series 2021-5 Class M1 |
| 09/25/2066 | &nbsp;&nbsp; 2.331% | 3800000 | &nbsp;&nbsp; 2712543 |
| CMO Series 2021-7 Class A3 | CMO Series 2021-7 Class A3 | CMO Series 2021-7 Class A3 | CMO Series 2021-7 Class A3 |
| 10/25/2066 | &nbsp;&nbsp; 2.240% | 6582991 | &nbsp;&nbsp; 5863093 |
| Visio Trust<sup>(a),(g)</sup>  | Visio Trust<sup>(a),(g)</sup>  | Visio Trust<sup>(a),(g)</sup>  | Visio Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 |
| 11/25/2054 | &nbsp;&nbsp; 3.076% | 56403 | &nbsp;&nbsp; 56098 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $415,776,404) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $415,776,404) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $415,776,404) | &nbsp;&nbsp; **404754658** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Rights 0.0%** | **Rights 0.0%** | **Rights 0.0%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 0.0%** | **Communication Services 0.0%** | **Communication Services 0.0%** |
| **Wireless Telecommunication Services 0.0%** | **Wireless Telecommunication Services 0.0%** | **Wireless Telecommunication Services 0.0%** |
| Altice Luxembourg France SA, CVR<sup>(a),(b),(h),(o),(s)</sup> <br>| &nbsp;&nbsp; 469 | &nbsp;&nbsp; 6778 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **6778** |
| &nbsp;&nbsp; Total Rights <br>(Cost $27) | &nbsp;&nbsp; Total Rights <br>(Cost $27) | &nbsp;&nbsp; **6778** |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans 2.8%** | **Senior Loans 2.8%** | **Senior Loans 2.8%** | **Senior Loans 2.8%** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Aerospace & Defense 0.1%** | **Aerospace & Defense 0.1%** | **Aerospace & Defense 0.1%** | **Aerospace & Defense 0.1%** |
| Goat Holdco LLC<sup>(c),(t)</sup>  | Goat Holdco LLC<sup>(c),(t)</sup>  | Goat Holdco LLC<sup>(c),(t)</sup>  | Goat Holdco LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>01/27/2032<br>| &nbsp;&nbsp; 6.168% | 49249 | &nbsp;&nbsp; 49137 |
| Karman Holdings, Inc.<sup>(c),(t)</sup>  | Karman Holdings, Inc.<sup>(c),(t)</sup>  | Karman Holdings, Inc.<sup>(c),(t)</sup>  | Karman Holdings, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>04/01/2032<br>| &nbsp;&nbsp; 6.461% | 483643 | &nbsp;&nbsp; 483343 |
| Signature Aviation US Holdings, Inc.<sup>(c),(t)</sup>  | Signature Aviation US Holdings, Inc.<sup>(c),(t)</sup>  | Signature Aviation US Holdings, Inc.<sup>(c),(t)</sup>  | Signature Aviation US Holdings, Inc.<sup>(c),(t)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>Floor 0.500% <br>07/01/2031<br>| &nbsp;&nbsp; 6.169% | 394509 | &nbsp;&nbsp; 394856 |
| TransDigm, Inc.<sup>(c),(t)</sup>  | TransDigm, Inc.<sup>(c),(t)</sup>  | TransDigm, Inc.<sup>(c),(t)</sup>  | TransDigm, Inc.<sup>(c),(t)</sup>  |
| Tranche J Term Loan | Tranche J Term Loan | Tranche J Term Loan | Tranche J Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>02/28/2031<br>| &nbsp;&nbsp; 6.168% | 343875 | &nbsp;&nbsp; 343837 |
| Tranche M Term Loan | Tranche M Term Loan | Tranche M Term Loan | Tranche M Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>08/19/2032<br>| &nbsp;&nbsp; 6.168% | 20058 | &nbsp;&nbsp; 20053 |
| Tranche N Term Loan | Tranche N Term Loan | Tranche N Term Loan | Tranche N Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>02/13/2033<br>| &nbsp;&nbsp; 6.168% | 14249 | &nbsp;&nbsp; 14252 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1305478** |
| **Airlines 0.0%** | **Airlines 0.0%** | **Airlines 0.0%** | **Airlines 0.0%** |
| AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(c),(t)</sup>  | AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(c),(t)</sup>  | AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(c),(t)</sup>  | AAdvantage Loyalty IP Ltd./American Airlines, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>05/28/2032<br>| &nbsp;&nbsp; 6.418% | 358018 | &nbsp;&nbsp; 354258 |
| American Airlines, Inc.<sup>(c),(t)</sup>  | American Airlines, Inc.<sup>(c),(t)</sup>  | American Airlines, Inc.<sup>(c),(t)</sup>  | American Airlines, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>06/04/2029<br>| &nbsp;&nbsp; 5.907% | 343000 | &nbsp;&nbsp; 332110 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **686368** |
| **Automotive 0.0%** | **Automotive 0.0%** | **Automotive 0.0%** | **Automotive 0.0%** |
| American Axle & Manufacturing, Inc.<sup>(c),(t)</sup>  | American Axle & Manufacturing, Inc.<sup>(c),(t)</sup>  | American Axle & Manufacturing, Inc.<sup>(c),(t)</sup>  | American Axle & Manufacturing, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/13/2029<br>| &nbsp;&nbsp; 6.668% | 199479 | &nbsp;&nbsp; 198857 |
| Clarios Global LP<sup>(c),(t)</sup>  | Clarios Global LP<sup>(c),(t)</sup>  | Clarios Global LP<sup>(c),(t)</sup>  | Clarios Global LP<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>01/28/2032<br>| &nbsp;&nbsp; 6.418% | 313109 | &nbsp;&nbsp; 312013 |
| First Brands Group LLC<sup>(f),(t)</sup>  | First Brands Group LLC<sup>(f),(t)</sup>  | First Brands Group LLC<sup>(f),(t)</sup>  | First Brands Group LLC<sup>(f),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| 03/30/2027 | &nbsp;&nbsp; 10.782% | 171010 | &nbsp;&nbsp; 222 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| First Brands Group LLC<sup>(c),(t),(u)</sup>  | First Brands Group LLC<sup>(c),(t),(u)</sup>  | First Brands Group LLC<sup>(c),(t),(u)</sup>  | First Brands Group LLC<sup>(c),(t),(u)</sup>  |
| Debtor in Possession Term Loan | Debtor in Possession Term Loan | Debtor in Possession Term Loan | Debtor in Possession Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 10.000% <br>06/29/2026<br>| &nbsp;&nbsp; 13.671% | 68623 | &nbsp;&nbsp; 15783 |
| First Brands Group LLC<sup>(c),(t)</sup>  | First Brands Group LLC<sup>(c),(t)</sup>  | First Brands Group LLC<sup>(c),(t)</sup>  | First Brands Group LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 7.000% <br>06/29/2026<br>| &nbsp;&nbsp; 10.671% | 196109 | &nbsp;&nbsp; 132 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **527007** |
| **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** | **Brokerage/Asset Managers/Exchanges 0.1%** |
| Aretec Group, Inc.<sup>(c),(t)</sup>  | Aretec Group, Inc.<sup>(c),(t)</sup>  | Aretec Group, Inc.<sup>(c),(t)</sup>  | Aretec Group, Inc.<sup>(c),(t)</sup>  |
| Tranche B4 1st Lien Term Loan | Tranche B4 1st Lien Term Loan | Tranche B4 1st Lien Term Loan | Tranche B4 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>08/09/2030<br>| &nbsp;&nbsp; 6.668% | 343908 | &nbsp;&nbsp; 339251 |
| Chicago US Midco III LP<sup>(c),(t),(v),(w)</sup>  | Chicago US Midco III LP<sup>(c),(t),(v),(w)</sup>  | Chicago US Midco III LP<sup>(c),(t),(v),(w)</sup>  | Chicago US Midco III LP<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.250% <br>11/01/2032<br>| &nbsp;&nbsp; 1.250% | 54809 | &nbsp;&nbsp; 54176 |
| Chicago US Midco III LP<sup>(c),(t)</sup>  | Chicago US Midco III LP<sup>(c),(t)</sup>  | Chicago US Midco III LP<sup>(c),(t)</sup>  | Chicago US Midco III LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>11/01/2032<br>| &nbsp;&nbsp; 6.168% | 369049 | &nbsp;&nbsp; 364783 |
| Focus Financial Partners LLC<sup>(c),(t)</sup>  | Focus Financial Partners LLC<sup>(c),(t)</sup>  | Focus Financial Partners LLC<sup>(c),(t)</sup>  | Focus Financial Partners LLC<sup>(c),(t)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>09/15/2031<br>| &nbsp;&nbsp; 6.168% | 313344 | &nbsp;&nbsp; 302800 |
| GTCR Everest Borrower LLC<sup>(c),(t)</sup>  | GTCR Everest Borrower LLC<sup>(c),(t)</sup>  | GTCR Everest Borrower LLC<sup>(c),(t)</sup>  | GTCR Everest Borrower LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>09/05/2031<br>| &nbsp;&nbsp; 6.200% | 176561 | &nbsp;&nbsp; 175156 |
| HighTower Holding LLC<sup>(c),(t)</sup>  | HighTower Holding LLC<sup>(c),(t)</sup>  | HighTower Holding LLC<sup>(c),(t)</sup>  | HighTower Holding LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>02/03/2032<br>| &nbsp;&nbsp; 6.413% | 145868 | &nbsp;&nbsp; 144136 |
| Jefferies Finance LLC<sup>(c),(t)</sup>  | Jefferies Finance LLC<sup>(c),(t)</sup>  | Jefferies Finance LLC<sup>(c),(t)</sup>  | Jefferies Finance LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>10/21/2031<br>| &nbsp;&nbsp; 6.428% | 187759 | &nbsp;&nbsp; 184473 |
| June Purchaser LLC<sup>(c),(t),(v),(w)</sup>  | June Purchaser LLC<sup>(c),(t),(v),(w)</sup>  | June Purchaser LLC<sup>(c),(t),(v),(w)</sup>  | June Purchaser LLC<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>11/28/2031<br>| &nbsp;&nbsp; 2.750% | 19286 | &nbsp;&nbsp; 19234 |
| June Purchaser LLC<sup>(c),(t)</sup>  | June Purchaser LLC<sup>(c),(t)</sup>  | June Purchaser LLC<sup>(c),(t)</sup>  | June Purchaser LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>11/28/2031<br>| &nbsp;&nbsp; 6.450% | 114557 | &nbsp;&nbsp; 114250 |
| Osaic Holdings, Inc.<sup>(c),(t)</sup>  | Osaic Holdings, Inc.<sup>(c),(t)</sup>  | Osaic Holdings, Inc.<sup>(c),(t)</sup>  | Osaic Holdings, Inc.<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>07/30/2032<br>| &nbsp;&nbsp; 6.200% | 213699 | &nbsp;&nbsp; 209507 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| PEX Holdings LLC<sup>(c),(t)</sup>  | PEX Holdings LLC<sup>(c),(t)</sup>  | PEX Holdings LLC<sup>(c),(t)</sup>  | PEX Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>11/26/2031<br>| &nbsp;&nbsp; 6.450% | 212804 | &nbsp;&nbsp; 209967 |
| VFH Parent LLC<sup>(c),(t)</sup>  | VFH Parent LLC<sup>(c),(t)</sup>  | VFH Parent LLC<sup>(c),(t)</sup>  | VFH Parent LLC<sup>(c),(t)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>06/21/2031<br>| &nbsp;&nbsp; 6.168% | 447294 | &nbsp;&nbsp; 446547 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2564280** |
| **Building Materials 0.1%** | **Building Materials 0.1%** | **Building Materials 0.1%** | **Building Materials 0.1%** |
| Cornerstone Building Brands, Inc.<sup>(c),(t)</sup>  | Cornerstone Building Brands, Inc.<sup>(c),(t)</sup>  | Cornerstone Building Brands, Inc.<sup>(c),(t)</sup>  | Cornerstone Building Brands, Inc.<sup>(c),(t)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.500% <br>Floor 0.500% <br>05/15/2031<br>| &nbsp;&nbsp; 8.174% | 55334 | &nbsp;&nbsp; 26284 |
| Covia Holdings LLC<sup>(c),(t)</sup>  | Covia Holdings LLC<sup>(c),(t)</sup>  | Covia Holdings LLC<sup>(c),(t)</sup>  | Covia Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>02/26/2032<br>| &nbsp;&nbsp; 6.402% | 348246 | &nbsp;&nbsp; 347086 |
| DG Investment Intermediate Holdings 2, Inc.<sup>(c),(t)</sup>  | DG Investment Intermediate Holdings 2, Inc.<sup>(c),(t)</sup>  | DG Investment Intermediate Holdings 2, Inc.<sup>(c),(t)</sup>  | DG Investment Intermediate Holdings 2, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>07/09/2032<br>| &nbsp;&nbsp; 6.918% | 388681 | &nbsp;&nbsp; 388195 |
| Green Infrastructure Partners, Inc.<sup>(c),(t)</sup>  | Green Infrastructure Partners, Inc.<sup>(c),(t)</sup>  | Green Infrastructure Partners, Inc.<sup>(c),(t)</sup>  | Green Infrastructure Partners, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>09/24/2032<br>| &nbsp;&nbsp; 6.450% | 426701 | &nbsp;&nbsp; 425635 |
| Johnstone Supply LLC<sup>(c),(t)</sup>  | Johnstone Supply LLC<sup>(c),(t)</sup>  | Johnstone Supply LLC<sup>(c),(t)</sup>  | Johnstone Supply LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>06/09/2031<br>| &nbsp;&nbsp; 5.918% | 420794 | &nbsp;&nbsp; 417638 |
| LBM Acquisition LLC<sup>(c),(t)</sup>  | LBM Acquisition LLC<sup>(c),(t)</sup>  | LBM Acquisition LLC<sup>(c),(t)</sup>  | LBM Acquisition LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.750% <br>Floor 0.750% <br>06/06/2031<br>| &nbsp;&nbsp; 7.525% | 342993 | &nbsp;&nbsp; 273495 |
| Madison Safety & Flow LLC<sup>(c),(t)</sup>  | Madison Safety & Flow LLC<sup>(c),(t)</sup>  | Madison Safety & Flow LLC<sup>(c),(t)</sup>  | Madison Safety & Flow LLC<sup>(c),(t)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>09/26/2031<br>| &nbsp;&nbsp; 6.176% | 490285 | &nbsp;&nbsp; 489981 |
| Park River Holdings, Inc.<sup>(c),(t)</sup>  | Park River Holdings, Inc.<sup>(c),(t)</sup>  | Park River Holdings, Inc.<sup>(c),(t)</sup>  | Park River Holdings, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.500% <br>03/15/2031<br>| &nbsp;&nbsp; 8.161% | 90373 | &nbsp;&nbsp; 88148 |
| Quikrete Holdings, Inc.<sup>(c),(t)</sup>  | Quikrete Holdings, Inc.<sup>(c),(t)</sup>  | Quikrete Holdings, Inc.<sup>(c),(t)</sup>  | Quikrete Holdings, Inc.<sup>(c),(t)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>04/14/2031<br>| &nbsp;&nbsp; 5.918% | 342139 | &nbsp;&nbsp; 341400 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan | Tranche B2 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>03/19/2029<br>| &nbsp;&nbsp; 5.918% | 99492 | &nbsp;&nbsp; 99351 |
| Smyrna Ready Mix Concrete LLC<sup>(c),(t)</sup>  | Smyrna Ready Mix Concrete LLC<sup>(c),(t)</sup>  | Smyrna Ready Mix Concrete LLC<sup>(c),(t)</sup>  | Smyrna Ready Mix Concrete LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>04/02/2029<br>| &nbsp;&nbsp; 6.668% | 419254 | &nbsp;&nbsp; 418382 |
| Specialty Building Products Holdings LLC<sup>(c),(t)</sup>  | Specialty Building Products Holdings LLC<sup>(c),(t)</sup>  | Specialty Building Products Holdings LLC<sup>(c),(t)</sup>  | Specialty Building Products Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.750% <br>Floor 0.500% <br>10/16/2028<br>| &nbsp;&nbsp; 7.518% | 116923 | &nbsp;&nbsp; 98995 |
| White Cap Supply Holdings LLC<sup>(c),(t)</sup>  | White Cap Supply Holdings LLC<sup>(c),(t)</sup>  | White Cap Supply Holdings LLC<sup>(c),(t)</sup>  | White Cap Supply Holdings LLC<sup>(c),(t)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>10/19/2029<br>| &nbsp;&nbsp; 6.918% | 248741 | &nbsp;&nbsp; 238699 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3653289** |
| **Cable and Satellite 0.0%** | **Cable and Satellite 0.0%** | **Cable and Satellite 0.0%** | **Cable and Satellite 0.0%** |
| Iridium Communications, Inc.<sup>(c),(t)</sup>  | Iridium Communications, Inc.<sup>(c),(t)</sup>  | Iridium Communications, Inc.<sup>(c),(t)</sup>  | Iridium Communications, Inc.<sup>(c),(t)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>Floor 0.750% <br>09/20/2030<br>| &nbsp;&nbsp; 5.918% | 250000 | &nbsp;&nbsp; 244220 |
| Sunrise Financing Partnership<sup>(c),(t)</sup>  | Sunrise Financing Partnership<sup>(c),(t)</sup>  | Sunrise Financing Partnership<sup>(c),(t)</sup>  | Sunrise Financing Partnership<sup>(c),(t)</sup>  |
| Tranche AAA Term Loan | Tranche AAA Term Loan | Tranche AAA Term Loan | Tranche AAA Term Loan |
| &nbsp;&nbsp; 6-month Term SOFR + 2.470% <br>02/15/2032<br>| &nbsp;&nbsp; 6.099% | 156604 | &nbsp;&nbsp; 155381 |
| Telesat Canada<sup>(c),(t)</sup>  | Telesat Canada<sup>(c),(t)</sup>  | Telesat Canada<sup>(c),(t)</sup>  | Telesat Canada<sup>(c),(t)</sup>  |
| Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>12/07/2026<br>| &nbsp;&nbsp; 6.684% | 200000 | &nbsp;&nbsp; 159142 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **558743** |
| **Chemicals 0.2%** | **Chemicals 0.2%** | **Chemicals 0.2%** | **Chemicals 0.2%** |
| A-AP Buyer, Inc.<sup>(b),(c),(t)</sup>  | A-AP Buyer, Inc.<sup>(b),(c),(t)</sup>  | A-AP Buyer, Inc.<sup>(b),(c),(t)</sup>  | A-AP Buyer, Inc.<sup>(b),(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>09/09/2031<br>| &nbsp;&nbsp; 6.417% | 152734 | &nbsp;&nbsp; 152734 |
| Chemours Co. (The)<sup>(c),(t)</sup>  | Chemours Co. (The)<sup>(c),(t)</sup>  | Chemours Co. (The)<sup>(c),(t)</sup>  | Chemours Co. (The)<sup>(c),(t)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.500% <br>10/15/2032<br>| &nbsp;&nbsp; 7.168% | 310375 | &nbsp;&nbsp; 307660 |
| Ineos Quattro Holdings UK Ltd.<sup>(c),(t)</sup>  | Ineos Quattro Holdings UK Ltd.<sup>(c),(t)</sup>  | Ineos Quattro Holdings UK Ltd.<sup>(c),(t)</sup>  | Ineos Quattro Holdings UK Ltd.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.250% <br>04/02/2029<br>| &nbsp;&nbsp; 8.018% | 3103914 | &nbsp;&nbsp; 2413293 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Ineos US Finance LLC<sup>(c),(t)</sup>  | Ineos US Finance LLC<sup>(c),(t)</sup>  | Ineos US Finance LLC<sup>(c),(t)</sup>  | Ineos US Finance LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>02/19/2030<br>| &nbsp;&nbsp; 6.918% | 1788220 | &nbsp;&nbsp; 1552765 |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>02/07/2031<br>| &nbsp;&nbsp; 6.668% | 533472 | &nbsp;&nbsp; 456690 |
| Lummus Technology Holdings V LLC<sup>(c),(t)</sup>  | Lummus Technology Holdings V LLC<sup>(c),(t)</sup>  | Lummus Technology Holdings V LLC<sup>(c),(t)</sup>  | Lummus Technology Holdings V LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>12/31/2029<br>| &nbsp;&nbsp; 6.168% | 196360 | &nbsp;&nbsp; 194642 |
| Olympus Water US Holding Corp.<sup>(c),(t)</sup>  | Olympus Water US Holding Corp.<sup>(c),(t)</sup>  | Olympus Water US Holding Corp.<sup>(c),(t)</sup>  | Olympus Water US Holding Corp.<sup>(c),(t)</sup>  |
| Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>06/20/2031<br>| &nbsp;&nbsp; 6.700% | 467335 | &nbsp;&nbsp; 447884 |
| Qnity Electronics, Inc.<sup>(c),(t)</sup>  | Qnity Electronics, Inc.<sup>(c),(t)</sup>  | Qnity Electronics, Inc.<sup>(c),(t)</sup>  | Qnity Electronics, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>11/01/2032<br>| &nbsp;&nbsp; 5.668% | 399000 | &nbsp;&nbsp; 398003 |
| Rockpoint Gas Storage Partners LP<sup>(c),(t)</sup>  | Rockpoint Gas Storage Partners LP<sup>(c),(t)</sup>  | Rockpoint Gas Storage Partners LP<sup>(c),(t)</sup>  | Rockpoint Gas Storage Partners LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>09/18/2031<br>| &nbsp;&nbsp; 6.200% | 148125 | &nbsp;&nbsp; 148273 |
| USALCO LLC<sup>(c),(t)</sup>  | USALCO LLC<sup>(c),(t)</sup>  | USALCO LLC<sup>(c),(t)</sup>  | USALCO LLC<sup>(c),(t)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.500% <br>09/30/2031<br>| &nbsp;&nbsp; 7.176% | 25719 | &nbsp;&nbsp; 25619 |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.500% <br>09/30/2031<br>| &nbsp;&nbsp; 7.168% | 246514 | &nbsp;&nbsp; 245560 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **6343123** |
| **Construction Machinery 0.0%** | **Construction Machinery 0.0%** | **Construction Machinery 0.0%** | **Construction Machinery 0.0%** |
| Engineered Machinery Holdings, Inc.<sup>(c),(t)</sup>  | Engineered Machinery Holdings, Inc.<sup>(c),(t)</sup>  | Engineered Machinery Holdings, Inc.<sup>(c),(t)</sup>  | Engineered Machinery Holdings, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>11/26/2032<br>| &nbsp;&nbsp; 6.950% | 70553 | &nbsp;&nbsp; 70746 |
| Resilience Parent LLC<sup>(c),(t)</sup>  | Resilience Parent LLC<sup>(c),(t)</sup>  | Resilience Parent LLC<sup>(c),(t)</sup>  | Resilience Parent LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>02/28/2033<br>| &nbsp;&nbsp; 6.126% | 156638 | &nbsp;&nbsp; 155708 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **226454** |
| **Consumer Cyclical Services 0.2%** | **Consumer Cyclical Services 0.2%** | **Consumer Cyclical Services 0.2%** | **Consumer Cyclical Services 0.2%** |
| Allied Universal Holdco LLC<sup>(c),(t)</sup>  | Allied Universal Holdco LLC<sup>(c),(t)</sup>  | Allied Universal Holdco LLC<sup>(c),(t)</sup>  | Allied Universal Holdco LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>08/20/2032<br>| &nbsp;&nbsp; 6.918% | 398000 | &nbsp;&nbsp; 397781 |
| AmSpec Parent LLC<sup>(c),(t)</sup>  | AmSpec Parent LLC<sup>(c),(t)</sup>  | AmSpec Parent LLC<sup>(c),(t)</sup>  | AmSpec Parent LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>12/22/2031<br>| &nbsp;&nbsp; 7.200% | 148905 | &nbsp;&nbsp; 148284 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Arches Buyer, Inc.<sup>(c),(t)</sup>  | Arches Buyer, Inc.<sup>(c),(t)</sup>  | Arches Buyer, Inc.<sup>(c),(t)</sup>  | Arches Buyer, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>12/06/2027<br>| &nbsp;&nbsp; 7.018% | 341881 | &nbsp;&nbsp; 340227 |
| BCPE Empire Holdings, Inc.<sup>(c),(t)</sup>  | BCPE Empire Holdings, Inc.<sup>(c),(t)</sup>  | BCPE Empire Holdings, Inc.<sup>(c),(t)</sup>  | BCPE Empire Holdings, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.500% <br>12/29/2032<br>| &nbsp;&nbsp; 7.173% | 229451 | &nbsp;&nbsp; 225580 |
| Corporation Service Co.<sup>(c),(t)</sup>  | Corporation Service Co.<sup>(c),(t)</sup>  | Corporation Service Co.<sup>(c),(t)</sup>  | Corporation Service Co.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>11/02/2029<br>| &nbsp;&nbsp; 5.668% | 219689 | &nbsp;&nbsp; 217905 |
| Cushman & Wakefield US Borrower LLC<sup>(c),(t)</sup>  | Cushman & Wakefield US Borrower LLC<sup>(c),(t)</sup>  | Cushman & Wakefield US Borrower LLC<sup>(c),(t)</sup>  | Cushman & Wakefield US Borrower LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>01/31/2030<br>| &nbsp;&nbsp; 6.418% | 400000 | &nbsp;&nbsp; 401000 |
| Fleet Midco I Ltd.<sup>(b),(c),(t)</sup>  | Fleet Midco I Ltd.<sup>(b),(c),(t)</sup>  | Fleet Midco I Ltd.<sup>(b),(c),(t)</sup>  | Fleet Midco I Ltd.<sup>(b),(c),(t)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>02/21/2031<br>| &nbsp;&nbsp; 6.419% | 120670 | &nbsp;&nbsp; 120670 |
| Frontdoor, Inc.<sup>(c),(t)</sup>  | Frontdoor, Inc.<sup>(c),(t)</sup>  | Frontdoor, Inc.<sup>(c),(t)</sup>  | Frontdoor, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>12/19/2031<br>| &nbsp;&nbsp; 5.918% | 397985 | &nbsp;&nbsp; 398236 |
| OMNIA Partners LLC<sup>(c),(t)</sup>  | OMNIA Partners LLC<sup>(c),(t)</sup>  | OMNIA Partners LLC<sup>(c),(t)</sup>  | OMNIA Partners LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>12/31/2032<br>| &nbsp;&nbsp; 6.433% | 396508 | &nbsp;&nbsp; 395766 |
| Prime Security Services Borrower LLC<sup>(c),(t)</sup>  | Prime Security Services Borrower LLC<sup>(c),(t)</sup>  | Prime Security Services Borrower LLC<sup>(c),(t)</sup>  | Prime Security Services Borrower LLC<sup>(c),(t)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>10/13/2030<br>| &nbsp;&nbsp; 5.664% | 424721 | &nbsp;&nbsp; 422444 |
| Raven Acquisition Holdings LLC<sup>(c),(t),(v),(w)</sup>  | Raven Acquisition Holdings LLC<sup>(c),(t),(v),(w)</sup>  | Raven Acquisition Holdings LLC<sup>(c),(t),(v),(w)</sup>  | Raven Acquisition Holdings LLC<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>11/19/2031<br>| &nbsp;&nbsp; 3.000% | 19241 | &nbsp;&nbsp; 18853 |
| Raven Acquisition Holdings LLC<sup>(c),(t)</sup>  | Raven Acquisition Holdings LLC<sup>(c),(t)</sup>  | Raven Acquisition Holdings LLC<sup>(c),(t)</sup>  | Raven Acquisition Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>11/19/2031<br>| &nbsp;&nbsp; 6.668% | 266687 | &nbsp;&nbsp; 261305 |
| Rosen International SARL<sup>(c),(t)</sup>  | Rosen International SARL<sup>(c),(t)</sup>  | Rosen International SARL<sup>(c),(t)</sup>  | Rosen International SARL<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>03/26/2031<br>| &nbsp;&nbsp; 5.950% | 467160 | &nbsp;&nbsp; 466744 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| WW International, Inc.<sup>(c),(t)</sup>  | WW International, Inc.<sup>(c),(t)</sup>  | WW International, Inc.<sup>(c),(t)</sup>  | WW International, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 6.800% <br>06/24/2030<br>| &nbsp;&nbsp; 10.506% | 250000 | &nbsp;&nbsp; 179000 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3993795** |
| **Consumer Products 0.0%** | **Consumer Products 0.0%** | **Consumer Products 0.0%** | **Consumer Products 0.0%** |
| Bombardier Recreational Products, Inc.<sup>(c),(t)</sup>  | Bombardier Recreational Products, Inc.<sup>(c),(t)</sup>  | Bombardier Recreational Products, Inc.<sup>(c),(t)</sup>  | Bombardier Recreational Products, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>01/22/2031<br>| &nbsp;&nbsp; 5.918% | 342155 | &nbsp;&nbsp; 342101 |
| Lavender Dutch Borrow BV<sup>(c),(t)</sup>  | Lavender Dutch Borrow BV<sup>(c),(t)</sup>  | Lavender Dutch Borrow BV<sup>(c),(t)</sup>  | Lavender Dutch Borrow BV<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>12/30/2032<br>| &nbsp;&nbsp; 6.950% | 389233 | &nbsp;&nbsp; 382908 |
| Recess Holdings, Inc.<sup>(c),(t)</sup>  | Recess Holdings, Inc.<sup>(c),(t)</sup>  | Recess Holdings, Inc.<sup>(c),(t)</sup>  | Recess Holdings, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.750% <br>02/20/2030<br>| &nbsp;&nbsp; 7.418% | 107169 | &nbsp;&nbsp; 107283 |
| SRAM LLC<sup>(c),(t)</sup>  | SRAM LLC<sup>(c),(t)</sup>  | SRAM LLC<sup>(c),(t)</sup>  | SRAM LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 6-month Term SOFR + 2.250% <br>02/27/2032<br>| &nbsp;&nbsp; 5.923% | 400889 | &nbsp;&nbsp; 398552 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1230844** |
| **Diversified Manufacturing 0.1%** | **Diversified Manufacturing 0.1%** | **Diversified Manufacturing 0.1%** | **Diversified Manufacturing 0.1%** |
| Columbus McKinnon Corp.<sup>(c),(t)</sup>  | Columbus McKinnon Corp.<sup>(c),(t)</sup>  | Columbus McKinnon Corp.<sup>(c),(t)</sup>  | Columbus McKinnon Corp.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>02/03/2033<br>| &nbsp;&nbsp; 7.200% | 255177 | &nbsp;&nbsp; 253902 |
| CompoSecure Holdings LLC<sup>(c),(t)</sup>  | CompoSecure Holdings LLC<sup>(c),(t)</sup>  | CompoSecure Holdings LLC<sup>(c),(t)</sup>  | CompoSecure Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>01/14/2033<br>| &nbsp;&nbsp; 5.928% | 70832 | &nbsp;&nbsp; 70522 |
| Dynamo Midco BV<sup>(c),(t)</sup>  | Dynamo Midco BV<sup>(c),(t)</sup>  | Dynamo Midco BV<sup>(c),(t)</sup>  | Dynamo Midco BV<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>09/30/2031<br>| &nbsp;&nbsp; 6.921% | 59103 | &nbsp;&nbsp; 51346 |
| EMRLD Borrower LP<sup>(c),(t)</sup>  | EMRLD Borrower LP<sup>(c),(t)</sup>  | EMRLD Borrower LP<sup>(c),(t)</sup>  | EMRLD Borrower LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>05/31/2030<br>| &nbsp;&nbsp; 5.923% | 327179 | &nbsp;&nbsp; 326606 |
| Filtration Group Corp.<sup>(c),(t)</sup>  | Filtration Group Corp.<sup>(c),(t)</sup>  | Filtration Group Corp.<sup>(c),(t)</sup>  | Filtration Group Corp.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>10/21/2028<br>| &nbsp;&nbsp; 6.168% | 375545 | &nbsp;&nbsp; 375387 |
| Madison IAQ LLC<sup>(c),(t)</sup>  | Madison IAQ LLC<sup>(c),(t)</sup>  | Madison IAQ LLC<sup>(c),(t)</sup>  | Madison IAQ LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 6-month Term SOFR + 2.500% <br>06/21/2028<br>| &nbsp;&nbsp; 6.128% | 342820 | &nbsp;&nbsp; 342457 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Tiger Acquisition LLC<sup>(c),(t)</sup>  | Tiger Acquisition LLC<sup>(c),(t)</sup>  | Tiger Acquisition LLC<sup>(c),(t)</sup>  | Tiger Acquisition LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>08/23/2032<br>| &nbsp;&nbsp; 6.181% | 283974 | &nbsp;&nbsp; 284045 |
| TK Elevator Midco GmbH<sup>(c),(t)</sup>  | TK Elevator Midco GmbH<sup>(c),(t)</sup>  | TK Elevator Midco GmbH<sup>(c),(t)</sup>  | TK Elevator Midco GmbH<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 6-month Term SOFR + 2.750% <br>04/30/2030<br>| &nbsp;&nbsp; 6.377% | 343061 | &nbsp;&nbsp; 343610 |
| WEC US Holdings, Inc.<sup>(c),(t)</sup>  | WEC US Holdings, Inc.<sup>(c),(t)</sup>  | WEC US Holdings, Inc.<sup>(c),(t)</sup>  | WEC US Holdings, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>01/27/2031<br>| &nbsp;&nbsp; 5.668% | 327754 | &nbsp;&nbsp; 327036 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2374911** |
| **Electric 0.1%** | **Electric 0.1%** | **Electric 0.1%** | **Electric 0.1%** |
| Astoria Project Partners LLC/Energy LLC<sup>(c),(t)</sup>  | Astoria Project Partners LLC/Energy LLC<sup>(c),(t)</sup>  | Astoria Project Partners LLC/Energy LLC<sup>(c),(t)</sup>  | Astoria Project Partners LLC/Energy LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>06/23/2032<br>| &nbsp;&nbsp; 0.000% | 275723 | &nbsp;&nbsp; 275768 |
| Bayonne Energy Center LLC<sup>(c),(t)</sup>  | Bayonne Energy Center LLC<sup>(c),(t)</sup>  | Bayonne Energy Center LLC<sup>(c),(t)</sup>  | Bayonne Energy Center LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>10/01/2032<br>| &nbsp;&nbsp; 6.700% | 194071 | &nbsp;&nbsp; 194071 |
| Carroll County Energy LLC<sup>(c),(t)</sup>  | Carroll County Energy LLC<sup>(c),(t)</sup>  | Carroll County Energy LLC<sup>(c),(t)</sup>  | Carroll County Energy LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>06/30/2031<br>| &nbsp;&nbsp; 6.450% | 329263 | &nbsp;&nbsp; 330497 |
| Compass Power Generation LLC<sup>(c),(t)</sup>  | Compass Power Generation LLC<sup>(c),(t)</sup>  | Compass Power Generation LLC<sup>(c),(t)</sup>  | Compass Power Generation LLC<sup>(c),(t)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>04/14/2029<br>| &nbsp;&nbsp; 6.918% | 53505 | &nbsp;&nbsp; 53754 |
| Constellation Renewables LLC<sup>(c),(t)</sup>  | Constellation Renewables LLC<sup>(c),(t)</sup>  | Constellation Renewables LLC<sup>(c),(t)</sup>  | Constellation Renewables LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.000% <br>Floor 1.000% <br>12/15/2027<br>| &nbsp;&nbsp; 5.673% | 400000 | &nbsp;&nbsp; 399916 |
| Cornerstone Generation LLC<sup>(c),(t)</sup>  | Cornerstone Generation LLC<sup>(c),(t)</sup>  | Cornerstone Generation LLC<sup>(c),(t)</sup>  | Cornerstone Generation LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>08/11/2032<br>| &nbsp;&nbsp; 5.917% | 144553 | &nbsp;&nbsp; 144450 |
| CPV Fairview LLC<sup>(c),(t)</sup>  | CPV Fairview LLC<sup>(c),(t)</sup>  | CPV Fairview LLC<sup>(c),(t)</sup>  | CPV Fairview LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>08/14/2031<br>| &nbsp;&nbsp; 6.200% | 65578 | &nbsp;&nbsp; 65222 |
| EFS Cogen Holdings I LLC<sup>(c),(t)</sup>  | EFS Cogen Holdings I LLC<sup>(c),(t)</sup>  | EFS Cogen Holdings I LLC<sup>(c),(t)</sup>  | EFS Cogen Holdings I LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>10/03/2031<br>| &nbsp;&nbsp; 6.700% | 378497 | &nbsp;&nbsp; 378853 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Hamilton Projects Acquiror LLC<sup>(c),(t)</sup>  | Hamilton Projects Acquiror LLC<sup>(c),(t)</sup>  | Hamilton Projects Acquiror LLC<sup>(c),(t)</sup>  | Hamilton Projects Acquiror LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>05/30/2031<br>| &nbsp;&nbsp; 6.168% | 137182 | &nbsp;&nbsp; 137304 |
| Invenergy Thermal Operating I LLC<sup>(c),(t)</sup>  | Invenergy Thermal Operating I LLC<sup>(c),(t)</sup>  | Invenergy Thermal Operating I LLC<sup>(c),(t)</sup>  | Invenergy Thermal Operating I LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>05/17/2032<br>| &nbsp;&nbsp; 6.380% | 79596 | &nbsp;&nbsp; 79630 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>05/17/2032<br>| &nbsp;&nbsp; 6.380% | 5037 | &nbsp;&nbsp; 5039 |
| Lackawanna Energy Center LLC<sup>(c),(t)</sup>  | Lackawanna Energy Center LLC<sup>(c),(t)</sup>  | Lackawanna Energy Center LLC<sup>(c),(t)</sup>  | Lackawanna Energy Center LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>08/05/2032<br>| &nbsp;&nbsp; 6.419% | 140146 | &nbsp;&nbsp; 140087 |
| New Frontera Holdings LLC<sup>(c),(t)</sup>  | New Frontera Holdings LLC<sup>(c),(t)</sup>  | New Frontera Holdings LLC<sup>(c),(t)</sup>  | New Frontera Holdings LLC<sup>(c),(t)</sup>  |
| 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.500% <br>Floor 1.000% <br>07/28/2028<br>| &nbsp;&nbsp; 5.461% | 250000 | &nbsp;&nbsp; 242500 |
| South Field Energy LLC<sup>(c),(t)</sup>  | South Field Energy LLC<sup>(c),(t)</sup>  | South Field Energy LLC<sup>(c),(t)</sup>  | South Field Energy LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>08/29/2031<br>| &nbsp;&nbsp; 6.700% | 374523 | &nbsp;&nbsp; 374759 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>08/29/2031<br>| &nbsp;&nbsp; 6.700% | 23421 | &nbsp;&nbsp; 23436 |
| West Deptford Energy Holdings LLC<sup>(c),(t)</sup>  | West Deptford Energy Holdings LLC<sup>(c),(t)</sup>  | West Deptford Energy Holdings LLC<sup>(c),(t)</sup>  | West Deptford Energy Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>07/24/2032<br>| &nbsp;&nbsp; 7.778% | 80427 | &nbsp;&nbsp; 79924 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2925210** |
| **Environmental 0.1%** | **Environmental 0.1%** | **Environmental 0.1%** | **Environmental 0.1%** |
| EnergySolutions LLC/Envirocare of Utah LLC<sup>(c),(t)</sup>  | EnergySolutions LLC/Envirocare of Utah LLC<sup>(c),(t)</sup>  | EnergySolutions LLC/Envirocare of Utah LLC<sup>(c),(t)</sup>  | EnergySolutions LLC/Envirocare of Utah LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>09/20/2030<br>| &nbsp;&nbsp; 6.918% | 153021 | &nbsp;&nbsp; 153340 |
| GFL Environmental Services, Inc.<sup>(c),(t)</sup>  | GFL Environmental Services, Inc.<sup>(c),(t)</sup>  | GFL Environmental Services, Inc.<sup>(c),(t)</sup>  | GFL Environmental Services, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>03/03/2032<br>| &nbsp;&nbsp; 6.166% | 398000 | &nbsp;&nbsp; 397753 |
| Northstar Group Services, Inc.<sup>(c),(t)</sup>  | Northstar Group Services, Inc.<sup>(c),(t)</sup>  | Northstar Group Services, Inc.<sup>(c),(t)</sup>  | Northstar Group Services, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.750% <br>Floor 0.500% <br>05/31/2030<br>| &nbsp;&nbsp; 8.417% | 101728 | &nbsp;&nbsp; 102236 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Reworld Holding Corp.<sup>(c),(t)</sup>  | Reworld Holding Corp.<sup>(c),(t)</sup>  | Reworld Holding Corp.<sup>(c),(t)</sup>  | Reworld Holding Corp.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>01/15/2031<br>| &nbsp;&nbsp; 5.925% | 88197 | &nbsp;&nbsp; 87944 |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>11/30/2028<br>| &nbsp;&nbsp; 5.925% | 330929 | &nbsp;&nbsp; 330376 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>01/15/2031<br>| &nbsp;&nbsp; 5.925% | 14332 | &nbsp;&nbsp; 14291 |
| Tidal Waste & Recycling Holdings LLC<sup>(c),(t)</sup>  | Tidal Waste & Recycling Holdings LLC<sup>(c),(t)</sup>  | Tidal Waste & Recycling Holdings LLC<sup>(c),(t)</sup>  | Tidal Waste & Recycling Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>10/24/2031<br>| &nbsp;&nbsp; 6.450% | 357893 | &nbsp;&nbsp; 357625 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1443565** |
| **Finance Companies 0.1%** | **Finance Companies 0.1%** | **Finance Companies 0.1%** | **Finance Companies 0.1%** |
| Neptune BidCo US, Inc.<sup>(c),(t)</sup>  | Neptune BidCo US, Inc.<sup>(c),(t)</sup>  | Neptune BidCo US, Inc.<sup>(c),(t)</sup>  | Neptune BidCo US, Inc.<sup>(c),(t)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 5.000% <br>02/03/2033<br>| &nbsp;&nbsp; 8.760% | 374979 | &nbsp;&nbsp; 357355 |
| Orion Midco Ltd.<sup>(c),(t)</sup>  | Orion Midco Ltd.<sup>(c),(t)</sup>  | Orion Midco Ltd.<sup>(c),(t)</sup>  | Orion Midco Ltd.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>10/08/2032<br>| &nbsp;&nbsp; 7.150% | 445613 | &nbsp;&nbsp; 440694 |
| Red SPV LLC<sup>(c),(t)</sup>  | Red SPV LLC<sup>(c),(t)</sup>  | Red SPV LLC<sup>(c),(t)</sup>  | Red SPV LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>03/15/2032<br>| &nbsp;&nbsp; 5.925% | 52106 | &nbsp;&nbsp; 51976 |
| Snacking Investments Bidco Pty Ltd.<sup>(c),(t)</sup>  | Snacking Investments Bidco Pty Ltd.<sup>(c),(t)</sup>  | Snacking Investments Bidco Pty Ltd.<sup>(c),(t)</sup>  | Snacking Investments Bidco Pty Ltd.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>10/29/2032<br>| &nbsp;&nbsp; 6.667% | 411309 | &nbsp;&nbsp; 411136 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1261161** |
| **Food and Beverage 0.1%** | **Food and Beverage 0.1%** | **Food and Beverage 0.1%** | **Food and Beverage 0.1%** |
| Aramark Intermediate HoldCo Corp.<sup>(c),(t)</sup>  | Aramark Intermediate HoldCo Corp.<sup>(c),(t)</sup>  | Aramark Intermediate HoldCo Corp.<sup>(c),(t)</sup>  | Aramark Intermediate HoldCo Corp.<sup>(c),(t)</sup>  |
| Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 1.750% <br>04/06/2028<br>| &nbsp;&nbsp; 5.418% | 350000 | &nbsp;&nbsp; 350000 |
| Aspire Bakeries Holdings LLC<sup>(c),(t)</sup>  | Aspire Bakeries Holdings LLC<sup>(c),(t)</sup>  | Aspire Bakeries Holdings LLC<sup>(c),(t)</sup>  | Aspire Bakeries Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>12/23/2030<br>| &nbsp;&nbsp; 6.668% | 104651 | &nbsp;&nbsp; 104651 |
| CHG PPC Parent LLC<sup>(c),(t)</sup>  | CHG PPC Parent LLC<sup>(c),(t)</sup>  | CHG PPC Parent LLC<sup>(c),(t)</sup>  | CHG PPC Parent LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/08/2028<br>| &nbsp;&nbsp; 6.782% | 320988 | &nbsp;&nbsp; 320789 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Froneri International Ltd.<sup>(c),(t)</sup>  | Froneri International Ltd.<sup>(c),(t)</sup>  | Froneri International Ltd.<sup>(c),(t)</sup>  | Froneri International Ltd.<sup>(c),(t)</sup>  |
| Tranche B6 1st Lien Term Loan | Tranche B6 1st Lien Term Loan | Tranche B6 1st Lien Term Loan | Tranche B6 1st Lien Term Loan |
| &nbsp;&nbsp; 6-month Term SOFR + 2.250% <br>09/30/2032<br>| &nbsp;&nbsp; 5.877% | 299250 | &nbsp;&nbsp; 293181 |
| Golden State Foods LLC<sup>(c),(t)</sup>  | Golden State Foods LLC<sup>(c),(t)</sup>  | Golden State Foods LLC<sup>(c),(t)</sup>  | Golden State Foods LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>12/04/2031<br>| &nbsp;&nbsp; 7.200% | 328763 | &nbsp;&nbsp; 328763 |
| Primo Brands Corp.<sup>(c),(t),(v)</sup>  | Primo Brands Corp.<sup>(c),(t),(v)</sup>  | Primo Brands Corp.<sup>(c),(t),(v)</sup>  | Primo Brands Corp.<sup>(c),(t),(v)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>Floor 0.500% <br>03/19/2031<br>|  | 578019 | &nbsp;&nbsp; 578649 |
| Sazerac Co., Inc.<sup>(c),(t)</sup>  | Sazerac Co., Inc.<sup>(c),(t)</sup>  | Sazerac Co., Inc.<sup>(c),(t)</sup>  | Sazerac Co., Inc.<sup>(c),(t)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>07/09/2032<br>| &nbsp;&nbsp; 5.670% | 397696 | &nbsp;&nbsp; 397143 |
| Treehouse Foods, Inc.<sup>(c),(t)</sup>  | Treehouse Foods, Inc.<sup>(c),(t)</sup>  | Treehouse Foods, Inc.<sup>(c),(t)</sup>  | Treehouse Foods, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.250% <br>02/11/2033<br>| &nbsp;&nbsp; 7.918% | 108732 | &nbsp;&nbsp; 108099 |
| Utz Quality Foods LLC<sup>(c),(t)</sup>  | Utz Quality Foods LLC<sup>(c),(t)</sup>  | Utz Quality Foods LLC<sup>(c),(t)</sup>  | Utz Quality Foods LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>01/29/2032<br>| &nbsp;&nbsp; 6.200% | 300000 | &nbsp;&nbsp; 299625 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2780900** |
| **Gaming 0.1%** | **Gaming 0.1%** | **Gaming 0.1%** | **Gaming 0.1%** |
| Caesars Entertainment, Inc.<sup>(c),(t)</sup>  | Caesars Entertainment, Inc.<sup>(c),(t)</sup>  | Caesars Entertainment, Inc.<sup>(c),(t)</sup>  | Caesars Entertainment, Inc.<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>Floor 0.500% <br>02/06/2031<br>| &nbsp;&nbsp; 5.918% | 397969 | &nbsp;&nbsp; 385533 |
| ECL Entertainment LLC<sup>(c),(t)</sup>  | ECL Entertainment LLC<sup>(c),(t)</sup>  | ECL Entertainment LLC<sup>(c),(t)</sup>  | ECL Entertainment LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>08/30/2030<br>| &nbsp;&nbsp; 6.668% | 142777 | &nbsp;&nbsp; 141706 |
| Entain PLC<sup>(c),(t)</sup>  | Entain PLC<sup>(c),(t)</sup>  | Entain PLC<sup>(c),(t)</sup>  | Entain PLC<sup>(c),(t)</sup>  |
| Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan | Tranche B6 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>10/31/2029<br>| &nbsp;&nbsp; 5.951% | 393648 | &nbsp;&nbsp; 393219 |
| Fertitta Entertainment LLC<sup>(c),(t)</sup>  | Fertitta Entertainment LLC<sup>(c),(t)</sup>  | Fertitta Entertainment LLC<sup>(c),(t)</sup>  | Fertitta Entertainment LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>01/27/2029<br>| &nbsp;&nbsp; 6.918% | 248062 | &nbsp;&nbsp; 242885 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Flutter Entertainment PLC<sup>(c),(t)</sup>  | Flutter Entertainment PLC<sup>(c),(t)</sup>  | Flutter Entertainment PLC<sup>(c),(t)</sup>  | Flutter Entertainment PLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.750% <br>11/30/2030<br>| &nbsp;&nbsp; 5.450% | 342125 | &nbsp;&nbsp; 337848 |
| &nbsp;&nbsp; 3-month Term SOFR + 2.000% <br>06/04/2032<br>| &nbsp;&nbsp; 5.700% | 103314 | &nbsp;&nbsp; 102023 |
| HRNI Holdings LLC<sup>(c),(t)</sup>  | HRNI Holdings LLC<sup>(c),(t)</sup>  | HRNI Holdings LLC<sup>(c),(t)</sup>  | HRNI Holdings LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>Floor 0.750% <br>12/11/2028<br>| &nbsp;&nbsp; 8.100% | 300781 | &nbsp;&nbsp; 290254 |
| Jack Ohio Finance LLC<sup>(c),(t)</sup>  | Jack Ohio Finance LLC<sup>(c),(t)</sup>  | Jack Ohio Finance LLC<sup>(c),(t)</sup>  | Jack Ohio Finance LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.000% <br>02/02/2032<br>| &nbsp;&nbsp; 7.668% | 308144 | &nbsp;&nbsp; 303521 |
| Ontario Gaming GTA LP<sup>(c),(t)</sup>  | Ontario Gaming GTA LP<sup>(c),(t)</sup>  | Ontario Gaming GTA LP<sup>(c),(t)</sup>  | Ontario Gaming GTA LP<sup>(c),(t)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>Floor 0.500% <br>08/01/2030<br>| &nbsp;&nbsp; 7.950% | 304164 | &nbsp;&nbsp; 284393 |
| Peninsula Pacific Entertainment Development LLC<sup>(c),(t)</sup>  | Peninsula Pacific Entertainment Development LLC<sup>(c),(t)</sup>  | Peninsula Pacific Entertainment Development LLC<sup>(c),(t)</sup>  | Peninsula Pacific Entertainment Development LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.750% <br>10/01/2032<br>| &nbsp;&nbsp; 8.450% | 119786 | &nbsp;&nbsp; 119187 |
| Scientific Games Holdings LP<sup>(c),(t)</sup>  | Scientific Games Holdings LP<sup>(c),(t)</sup>  | Scientific Games Holdings LP<sup>(c),(t)</sup>  | Scientific Games Holdings LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>Floor 0.500% <br>04/04/2029<br>| &nbsp;&nbsp; 6.652% | 53844 | &nbsp;&nbsp; 52985 |
| Voyager Parent LLC<sup>(c),(t)</sup>  | Voyager Parent LLC<sup>(c),(t)</sup>  | Voyager Parent LLC<sup>(c),(t)</sup>  | Voyager Parent LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>07/01/2032<br>| &nbsp;&nbsp; 7.950% | 166302 | &nbsp;&nbsp; 164985 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2818539** |
| **Health Care 0.1%** | **Health Care 0.1%** | **Health Care 0.1%** | **Health Care 0.1%** |
| CHG Healthcare Services, Inc.<sup>(c),(t)</sup>  | CHG Healthcare Services, Inc.<sup>(c),(t)</sup>  | CHG Healthcare Services, Inc.<sup>(c),(t)</sup>  | CHG Healthcare Services, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>09/29/2028<br>| &nbsp;&nbsp; 6.417% | 248125 | &nbsp;&nbsp; 248202 |
| Hopper Merger Sub, Inc.<sup>(c),(t),(v)</sup>  | Hopper Merger Sub, Inc.<sup>(c),(t),(v)</sup>  | Hopper Merger Sub, Inc.<sup>(c),(t),(v)</sup>  | Hopper Merger Sub, Inc.<sup>(c),(t),(v)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>01/14/2033<br>|  | 249864 | &nbsp;&nbsp; 246741 |
| Mamba Purchaser, Inc.<sup>(c),(t)</sup>  | Mamba Purchaser, Inc.<sup>(c),(t)</sup>  | Mamba Purchaser, Inc.<sup>(c),(t)</sup>  | Mamba Purchaser, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>10/14/2031<br>| &nbsp;&nbsp; 6.425% | 414921 | &nbsp;&nbsp; 415008 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Medline Borrower LP<sup>(c),(t)</sup>  | Medline Borrower LP<sup>(c),(t)</sup>  | Medline Borrower LP<sup>(c),(t)</sup>  | Medline Borrower LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 1.750% <br>10/23/2030<br>| &nbsp;&nbsp; 5.418% | 194264 | &nbsp;&nbsp; 194476 |
| Paradigm Parent LLC<sup>(c),(t)</sup>  | Paradigm Parent LLC<sup>(c),(t)</sup>  | Paradigm Parent LLC<sup>(c),(t)</sup>  | Paradigm Parent LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.500% <br>04/16/2032<br>| &nbsp;&nbsp; 8.200% | 248750 | &nbsp;&nbsp; 204472 |
| Parexel International, Inc.<sup>(c),(t)</sup>  | Parexel International, Inc.<sup>(c),(t)</sup>  | Parexel International, Inc.<sup>(c),(t)</sup>  | Parexel International, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>12/12/2031<br>| &nbsp;&nbsp; 6.418% | 329704 | &nbsp;&nbsp; 328329 |
| Resonetics LLC<sup>(c),(t)</sup>  | Resonetics LLC<sup>(c),(t)</sup>  | Resonetics LLC<sup>(c),(t)</sup>  | Resonetics LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>06/18/2031<br>| &nbsp;&nbsp; 6.421% | 389065 | &nbsp;&nbsp; 386999 |
| Southern Veterinary Partners LLC<sup>(c),(t)</sup>  | Southern Veterinary Partners LLC<sup>(c),(t)</sup>  | Southern Veterinary Partners LLC<sup>(c),(t)</sup>  | Southern Veterinary Partners LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>12/04/2031<br>| &nbsp;&nbsp; 6.181% | 348250 | &nbsp;&nbsp; 344848 |
| Star Parent, Inc.<sup>(c),(t)</sup>  | Star Parent, Inc.<sup>(c),(t)</sup>  | Star Parent, Inc.<sup>(c),(t)</sup>  | Star Parent, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.000% <br>09/27/2030<br>| &nbsp;&nbsp; 7.700% | 343000 | &nbsp;&nbsp; 338774 |
| Upstream Newco, Inc.<sup>(c),(t)</sup>  | Upstream Newco, Inc.<sup>(c),(t)</sup>  | Upstream Newco, Inc.<sup>(c),(t)</sup>  | Upstream Newco, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>11/20/2029<br>| &nbsp;&nbsp; 8.179% | 152693 | &nbsp;&nbsp; 140583 |
| US Fertility Enterprises LLC<sup>(c),(t),(v),(w)</sup>  | US Fertility Enterprises LLC<sup>(c),(t),(v),(w)</sup>  | US Fertility Enterprises LLC<sup>(c),(t),(v),(w)</sup>  | US Fertility Enterprises LLC<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.750% <br>12/30/2032<br>| &nbsp;&nbsp; 1.750% | 24914 | &nbsp;&nbsp; 24820 |
| US Fertility Enterprises LLC<sup>(c),(t)</sup>  | US Fertility Enterprises LLC<sup>(c),(t)</sup>  | US Fertility Enterprises LLC<sup>(c),(t)</sup>  | US Fertility Enterprises LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>12/30/2032<br>| &nbsp;&nbsp; 7.167% | 164430 | &nbsp;&nbsp; 163814 |
| WS Audiology A/S<sup>(c),(t),(v)</sup>  | WS Audiology A/S<sup>(c),(t),(v)</sup>  | WS Audiology A/S<sup>(c),(t),(v)</sup>  | WS Audiology A/S<sup>(c),(t),(v)</sup>  |
| Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>02/28/2029<br>| &nbsp;&nbsp; 6.948% | 346002 | &nbsp;&nbsp; 345569 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3382635** |
| **Healthcare Insurance 0.0%** | **Healthcare Insurance 0.0%** | **Healthcare Insurance 0.0%** | **Healthcare Insurance 0.0%** |
| Alera Group, Inc.<sup>(c),(t)</sup>  | Alera Group, Inc.<sup>(c),(t)</sup>  | Alera Group, Inc.<sup>(c),(t)</sup>  | Alera Group, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>05/30/2032<br>| &nbsp;&nbsp; 6.418% | 397900 | &nbsp;&nbsp; 385374 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Home Construction 0.0%** | **Home Construction 0.0%** | **Home Construction 0.0%** | **Home Construction 0.0%** |
| Construction Partners, Inc.<sup>(c),(t)</sup>  | Construction Partners, Inc.<sup>(c),(t)</sup>  | Construction Partners, Inc.<sup>(c),(t)</sup>  | Construction Partners, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>11/03/2031<br>| &nbsp;&nbsp; 6.168% | 396985 | &nbsp;&nbsp; 396366 |
| Salas O'Brien, Inc.<sup>(c),(t),(v),(w)</sup>  | Salas O'Brien, Inc.<sup>(c),(t),(v),(w)</sup>  | Salas O'Brien, Inc.<sup>(c),(t),(v),(w)</sup>  | Salas O'Brien, Inc.<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 0.000% <br>01/22/2033<br>|  | 7596 | &nbsp;&nbsp; 7577 |
| Salas O'Brien, Inc.<sup>(c),(t)</sup>  | Salas O'Brien, Inc.<sup>(c),(t)</sup>  | Salas O'Brien, Inc.<sup>(c),(t)</sup>  | Salas O'Brien, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>01/31/2033<br>| &nbsp;&nbsp; 6.418% | 58869 | &nbsp;&nbsp; 58722 |
| Tecta America Corp.<sup>(c),(t)</sup>  | Tecta America Corp.<sup>(c),(t)</sup>  | Tecta America Corp.<sup>(c),(t)</sup>  | Tecta America Corp.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>02/18/2032<br>| &nbsp;&nbsp; 6.418% | 233664 | &nbsp;&nbsp; 232568 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **695233** |
| **Independent Energy 0.0%** | **Independent Energy 0.0%** | **Independent Energy 0.0%** | **Independent Energy 0.0%** |
| Hilcorp Energy I LP<sup>(c),(t)</sup>  | Hilcorp Energy I LP<sup>(c),(t)</sup>  | Hilcorp Energy I LP<sup>(c),(t)</sup>  | Hilcorp Energy I LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 1.750% <br>02/11/2030<br>| &nbsp;&nbsp; 5.425% | 59400 | &nbsp;&nbsp; 59326 |
| **Leisure 0.1%** | **Leisure 0.1%** | **Leisure 0.1%** | **Leisure 0.1%** |
| Alterra Mountain Co.<sup>(b),(c),(t)</sup>  | Alterra Mountain Co.<sup>(b),(c),(t)</sup>  | Alterra Mountain Co.<sup>(b),(c),(t)</sup>  | Alterra Mountain Co.<sup>(b),(c),(t)</sup>  |
| Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan | Tranche B8 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>05/31/2030<br>| &nbsp;&nbsp; 6.168% | 76905 | &nbsp;&nbsp; 76809 |
| Alterra Mountain Co.<sup>(c),(t)</sup>  | Alterra Mountain Co.<sup>(c),(t)</sup>  | Alterra Mountain Co.<sup>(c),(t)</sup>  | Alterra Mountain Co.<sup>(c),(t)</sup>  |
| Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan | Tranche B9 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>08/17/2028<br>| &nbsp;&nbsp; 6.168% | 317126 | &nbsp;&nbsp; 316533 |
| Arcis Golf LLC<sup>(c),(t)</sup>  | Arcis Golf LLC<sup>(c),(t)</sup>  | Arcis Golf LLC<sup>(c),(t)</sup>  | Arcis Golf LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>Floor 0.500% <br>11/24/2028<br>| &nbsp;&nbsp; 6.418% | 398122 | &nbsp;&nbsp; 397791 |
| Bulldog Purchaser, Inc.<sup>(c),(t)</sup>  | Bulldog Purchaser, Inc.<sup>(c),(t)</sup>  | Bulldog Purchaser, Inc.<sup>(c),(t)</sup>  | Bulldog Purchaser, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>02/04/2033<br>| &nbsp;&nbsp; 6.913% | 350413 | &nbsp;&nbsp; 349537 |
| Cinemark USA, Inc.<sup>(c),(t)</sup>  | Cinemark USA, Inc.<sup>(c),(t)</sup>  | Cinemark USA, Inc.<sup>(c),(t)</sup>  | Cinemark USA, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>05/24/2030<br>| &nbsp;&nbsp; 5.927% | 391804 | &nbsp;&nbsp; 392572 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| EOC Borrower LLC<sup>(c),(t)</sup>  | EOC Borrower LLC<sup>(c),(t)</sup>  | EOC Borrower LLC<sup>(c),(t)</sup>  | EOC Borrower LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>03/24/2032<br>| &nbsp;&nbsp; 6.418% | 44662 | &nbsp;&nbsp; 44450 |
| TKO Worldwide Holdings LLC<sup>(c),(t)</sup>  | TKO Worldwide Holdings LLC<sup>(c),(t)</sup>  | TKO Worldwide Holdings LLC<sup>(c),(t)</sup>  | TKO Worldwide Holdings LLC<sup>(c),(t)</sup>  |
| Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.000% <br>11/21/2031<br>| &nbsp;&nbsp; 5.664% | 291483 | &nbsp;&nbsp; 291110 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1868802** |
| **Life Insurance 0.0%** | **Life Insurance 0.0%** | **Life Insurance 0.0%** | **Life Insurance 0.0%** |
| OneDigital Borrower LLC<sup>(c),(t)</sup>  | OneDigital Borrower LLC<sup>(c),(t)</sup>  | OneDigital Borrower LLC<sup>(c),(t)</sup>  | OneDigital Borrower LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>07/02/2031<br>| &nbsp;&nbsp; 6.668% | 175399 | &nbsp;&nbsp; 169206 |
| **Lodging 0.1%** | **Lodging 0.1%** | **Lodging 0.1%** | **Lodging 0.1%** |
| Hilton Grand Vacations Borrower LLC<sup>(c),(t)</sup>  | Hilton Grand Vacations Borrower LLC<sup>(c),(t)</sup>  | Hilton Grand Vacations Borrower LLC<sup>(c),(t)</sup>  | Hilton Grand Vacations Borrower LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>Floor 0.500% <br>08/02/2028<br>| &nbsp;&nbsp; 5.668% | 447739 | &nbsp;&nbsp; 447179 |
| SGH2 LLC<sup>(c),(t)</sup>  | SGH2 LLC<sup>(c),(t)</sup>  | SGH2 LLC<sup>(c),(t)</sup>  | SGH2 LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.500% <br>08/18/2032<br>| &nbsp;&nbsp; 8.200% | 379129 | &nbsp;&nbsp; 372021 |
| Travel + Leisure Co.<sup>(c),(t)</sup>  | Travel + Leisure Co.<sup>(c),(t)</sup>  | Travel + Leisure Co.<sup>(c),(t)</sup>  | Travel + Leisure Co.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>12/14/2029<br>| &nbsp;&nbsp; 5.668% | 207044 | &nbsp;&nbsp; 206398 |
| TRQ Sales LLC<sup>(c),(t)</sup>  | TRQ Sales LLC<sup>(c),(t)</sup>  | TRQ Sales LLC<sup>(c),(t)</sup>  | TRQ Sales LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>12/30/2032<br>| &nbsp;&nbsp; 6.951% | 397552 | &nbsp;&nbsp; 384385 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1409983** |
| **Media and Entertainment 0.1%** | **Media and Entertainment 0.1%** | **Media and Entertainment 0.1%** | **Media and Entertainment 0.1%** |
| Cengage Learning, Inc.<sup>(c),(t)</sup>  | Cengage Learning, Inc.<sup>(c),(t)</sup>  | Cengage Learning, Inc.<sup>(c),(t)</sup>  | Cengage Learning, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>03/24/2031<br>| &nbsp;&nbsp; 6.672% | 246262 | &nbsp;&nbsp; 240746 |
| Creative Artists Agency LLC<sup>(c),(t)</sup>  | Creative Artists Agency LLC<sup>(c),(t)</sup>  | Creative Artists Agency LLC<sup>(c),(t)</sup>  | Creative Artists Agency LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>10/01/2031<br>| &nbsp;&nbsp; 6.168% | 343910 | &nbsp;&nbsp; 343318 |
| NEP Group, Inc.<sup>(c),(t)</sup>  | NEP Group, Inc.<sup>(c),(t)</sup>  | NEP Group, Inc.<sup>(c),(t)</sup>  | NEP Group, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.500% <br>10/17/2031<br>| &nbsp;&nbsp; 8.168% | 203476 | &nbsp;&nbsp; 183522 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Oak-Eagle Acquireco, Inc.<sup>(c),(t),(v)</sup>  | Oak-Eagle Acquireco, Inc.<sup>(c),(t),(v)</sup>  | Oak-Eagle Acquireco, Inc.<sup>(c),(t),(v)</sup>  | Oak-Eagle Acquireco, Inc.<sup>(c),(t),(v)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>03/24/2033<br>|  | 377850 | &nbsp;&nbsp; 375489 |
| Plano Holdco, Inc.<sup>(c),(t)</sup>  | Plano Holdco, Inc.<sup>(c),(t)</sup>  | Plano Holdco, Inc.<sup>(c),(t)</sup>  | Plano Holdco, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>10/02/2031<br>| &nbsp;&nbsp; 7.200% | 393992 | &nbsp;&nbsp; 315193 |
| Univision Communications, Inc.<sup>(c),(t)</sup>  | Univision Communications, Inc.<sup>(c),(t)</sup>  | Univision Communications, Inc.<sup>(c),(t)</sup>  | Univision Communications, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>01/31/2029<br>| &nbsp;&nbsp; 7.032% | 393496 | &nbsp;&nbsp; 387888 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1846156** |
| **Midstream 0.1%** | **Midstream 0.1%** | **Midstream 0.1%** | **Midstream 0.1%** |
| AL GCX Holdings LLC<sup>(c),(t)</sup>  | AL GCX Holdings LLC<sup>(c),(t)</sup>  | AL GCX Holdings LLC<sup>(c),(t)</sup>  | AL GCX Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>12/17/2032<br>| &nbsp;&nbsp; 5.923% | 105901 | &nbsp;&nbsp; 105801 |
| CQP Holdco LP<sup>(c),(t)</sup>  | CQP Holdco LP<sup>(c),(t)</sup>  | CQP Holdco LP<sup>(c),(t)</sup>  | CQP Holdco LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.750% <br>12/31/2032<br>| &nbsp;&nbsp; 5.450% | 345640 | &nbsp;&nbsp; 343698 |
| GIP Pilot Acquisition Partners LP<sup>(c),(t)</sup>  | GIP Pilot Acquisition Partners LP<sup>(c),(t)</sup>  | GIP Pilot Acquisition Partners LP<sup>(c),(t)</sup>  | GIP Pilot Acquisition Partners LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.000% <br>10/04/2030<br>| &nbsp;&nbsp; 5.646% | 340954 | &nbsp;&nbsp; 340869 |
| ITT Holdings LLC<sup>(c),(t)</sup>  | ITT Holdings LLC<sup>(c),(t)</sup>  | ITT Holdings LLC<sup>(c),(t)</sup>  | ITT Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 1.975% <br>10/11/2030<br>| &nbsp;&nbsp; 5.643% | 397000 | &nbsp;&nbsp; 395388 |
| Oryx Midstream Services Permian Basin LLC<sup>(c),(t)</sup>  | Oryx Midstream Services Permian Basin LLC<sup>(c),(t)</sup>  | Oryx Midstream Services Permian Basin LLC<sup>(c),(t)</sup>  | Oryx Midstream Services Permian Basin LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>10/05/2028<br>| &nbsp;&nbsp; 5.926% | 342169 | &nbsp;&nbsp; 342265 |
| WhiteWater DBR Holdco LLC<sup>(c),(t)</sup>  | WhiteWater DBR Holdco LLC<sup>(c),(t)</sup>  | WhiteWater DBR Holdco LLC<sup>(c),(t)</sup>  | WhiteWater DBR Holdco LLC<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>03/03/2031<br>| &nbsp;&nbsp; 6.000% | 306703 | &nbsp;&nbsp; 307009 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1835030** |
| **Natural Gas 0.0%** | **Natural Gas 0.0%** | **Natural Gas 0.0%** | **Natural Gas 0.0%** |
| AL GCX Fund VIII Holdings LLC<sup>(c),(t)</sup>  | AL GCX Fund VIII Holdings LLC<sup>(c),(t)</sup>  | AL GCX Fund VIII Holdings LLC<sup>(c),(t)</sup>  | AL GCX Fund VIII Holdings LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>01/30/2032<br>| &nbsp;&nbsp; 5.673% | 24422 | &nbsp;&nbsp; 24368 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Oil Field Services 0.0%** | **Oil Field Services 0.0%** | **Oil Field Services 0.0%** | **Oil Field Services 0.0%** |
| Pelican Pipeline LLC<sup>(c),(t)</sup>  | Pelican Pipeline LLC<sup>(c),(t)</sup>  | Pelican Pipeline LLC<sup>(c),(t)</sup>  | Pelican Pipeline LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>03/25/2033<br>| &nbsp;&nbsp; 6.466% | 104207 | &nbsp;&nbsp; 104206 |
| **Other Financial Institutions 0.1%** | **Other Financial Institutions 0.1%** | **Other Financial Institutions 0.1%** | **Other Financial Institutions 0.1%** |
| 19th Holdings Golf LLC<sup>(c),(t)</sup>  | 19th Holdings Golf LLC<sup>(c),(t)</sup>  | 19th Holdings Golf LLC<sup>(c),(t)</sup>  | 19th Holdings Golf LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.500% <br>02/07/2029<br>| &nbsp;&nbsp; 7.023% | 248067 | &nbsp;&nbsp; 247447 |
| A-AG US GSI Bidco, Inc.<sup>(c),(t)</sup>  | A-AG US GSI Bidco, Inc.<sup>(c),(t)</sup>  | A-AG US GSI Bidco, Inc.<sup>(c),(t)</sup>  | A-AG US GSI Bidco, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 5.000% <br>10/31/2031<br>| &nbsp;&nbsp; 8.700% | 60149 | &nbsp;&nbsp; 59848 |
| Acuren Delaware Holdco, Inc.<sup>(c),(t)</sup>  | Acuren Delaware Holdco, Inc.<sup>(c),(t)</sup>  | Acuren Delaware Holdco, Inc.<sup>(c),(t)</sup>  | Acuren Delaware Holdco, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>07/30/2031<br>| &nbsp;&nbsp; 6.418% | 219486 | &nbsp;&nbsp; 219006 |
| Apex Group Treasury LLC<sup>(c),(t)</sup>  | Apex Group Treasury LLC<sup>(c),(t)</sup>  | Apex Group Treasury LLC<sup>(c),(t)</sup>  | Apex Group Treasury LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>02/27/2032<br>| &nbsp;&nbsp; 7.166% | 264543 | &nbsp;&nbsp; 240292 |
| BCP VI Summit Holdings LP<sup>(c),(t)</sup>  | BCP VI Summit Holdings LP<sup>(c),(t)</sup>  | BCP VI Summit Holdings LP<sup>(c),(t)</sup>  | BCP VI Summit Holdings LP<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>01/30/2032<br>| &nbsp;&nbsp; 6.668% | 65631 | &nbsp;&nbsp; 65495 |
| Chrysaor Bidco SARL<sup>(c),(t),(v)</sup>  | Chrysaor Bidco SARL<sup>(c),(t),(v)</sup>  | Chrysaor Bidco SARL<sup>(c),(t),(v)</sup>  | Chrysaor Bidco SARL<sup>(c),(t),(v)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>10/30/2031<br>| &nbsp;&nbsp; 6.900% | 401324 | &nbsp;&nbsp; 400320 |
| Citco Funding LLC<sup>(c),(t)</sup>  | Citco Funding LLC<sup>(c),(t)</sup>  | Citco Funding LLC<sup>(c),(t)</sup>  | Citco Funding LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.000% <br>01/30/2033<br>| &nbsp;&nbsp; 5.667% | 114682 | &nbsp;&nbsp; 114144 |
| Emerald 2 Ltd.<sup>(c),(t)</sup>  | Emerald 2 Ltd.<sup>(c),(t)</sup>  | Emerald 2 Ltd.<sup>(c),(t)</sup>  | Emerald 2 Ltd.<sup>(c),(t)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>01/12/2032<br>| &nbsp;&nbsp; 6.950% | 116306 | &nbsp;&nbsp; 116306 |
| EP Wealth Advisors LLC<sup>(c),(t)</sup>  | EP Wealth Advisors LLC<sup>(c),(t)</sup>  | EP Wealth Advisors LLC<sup>(c),(t)</sup>  | EP Wealth Advisors LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>10/18/2032<br>| &nbsp;&nbsp; 6.700% | 400000 | &nbsp;&nbsp; 400000 |
| Hunter Douglas Holding BV<sup>(c),(t)</sup>  | Hunter Douglas Holding BV<sup>(c),(t)</sup>  | Hunter Douglas Holding BV<sup>(c),(t)</sup>  | Hunter Douglas Holding BV<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>01/17/2032<br>| &nbsp;&nbsp; 6.700% | 311789 | &nbsp;&nbsp; 309972 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Kestra Advisor Services Holdings A, Inc.<sup>(c),(t)</sup>  | Kestra Advisor Services Holdings A, Inc.<sup>(c),(t)</sup>  | Kestra Advisor Services Holdings A, Inc.<sup>(c),(t)</sup>  | Kestra Advisor Services Holdings A, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>03/22/2031<br>| &nbsp;&nbsp; 6.668% | 397852 | &nbsp;&nbsp; 394594 |
| Mariner Wealth Advisers LLC<sup>(c),(t)</sup>  | Mariner Wealth Advisers LLC<sup>(c),(t)</sup>  | Mariner Wealth Advisers LLC<sup>(c),(t)</sup>  | Mariner Wealth Advisers LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>12/31/2030<br>| &nbsp;&nbsp; 5.950% | 112290 | &nbsp;&nbsp; 111845 |
| Mermaid Bidco, Inc.<sup>(c),(t)</sup>  | Mermaid Bidco, Inc.<sup>(c),(t)</sup>  | Mermaid Bidco, Inc.<sup>(c),(t)</sup>  | Mermaid Bidco, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>07/03/2031<br>| &nbsp;&nbsp; 6.913% | 299241 | &nbsp;&nbsp; 292507 |
| Opal US LLC<sup>(c),(t)</sup>  | Opal US LLC<sup>(c),(t)</sup>  | Opal US LLC<sup>(c),(t)</sup>  | Opal US LLC<sup>(c),(t)</sup>  |
| Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan | Tranche B4 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>04/28/2032<br>| &nbsp;&nbsp; 6.700% | 162176 | &nbsp;&nbsp; 162008 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3133784** |
| **Other Industry 0.1%** | **Other Industry 0.1%** | **Other Industry 0.1%** | **Other Industry 0.1%** |
| Artera Services LLC<sup>(c),(t)</sup>  | Artera Services LLC<sup>(c),(t)</sup>  | Artera Services LLC<sup>(c),(t)</sup>  | Artera Services LLC<sup>(c),(t)</sup>  |
| Tranche C 1st Lien Term Loan | Tranche C 1st Lien Term Loan | Tranche C 1st Lien Term Loan | Tranche C 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.500% <br>02/15/2031<br>| &nbsp;&nbsp; 8.168% | 280375 | &nbsp;&nbsp; 238318 |
| Bach Finance Ltd.<sup>(c),(t)</sup>  | Bach Finance Ltd.<sup>(c),(t)</sup>  | Bach Finance Ltd.<sup>(c),(t)</sup>  | Bach Finance Ltd.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>01/09/2032<br>| &nbsp;&nbsp; 5.921% | 96751 | &nbsp;&nbsp; 95391 |
| Brand Industrial Services, Inc.<sup>(c),(t)</sup>  | Brand Industrial Services, Inc.<sup>(c),(t)</sup>  | Brand Industrial Services, Inc.<sup>(c),(t)</sup>  | Brand Industrial Services, Inc.<sup>(c),(t)</sup>  |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.500% <br>Floor 0.500% <br>08/01/2030<br>| &nbsp;&nbsp; 8.164% | 16333 | &nbsp;&nbsp; 13978 |
| Catawba Nation Gaming Authority<sup>(c),(t)</sup>  | Catawba Nation Gaming Authority<sup>(c),(t)</sup>  | Catawba Nation Gaming Authority<sup>(c),(t)</sup>  | Catawba Nation Gaming Authority<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.750% <br>03/29/2032<br>| &nbsp;&nbsp; 8.417% | 394349 | &nbsp;&nbsp; 399527 |
| Chariot Buyer LLC<sup>(c),(t)</sup>  | Chariot Buyer LLC<sup>(c),(t)</sup>  | Chariot Buyer LLC<sup>(c),(t)</sup>  | Chariot Buyer LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>09/08/2032<br>| &nbsp;&nbsp; 6.418% | 382249 | &nbsp;&nbsp; 378289 |
| Dayforce Bidco LLC<sup>(c),(t)</sup>  | Dayforce Bidco LLC<sup>(c),(t)</sup>  | Dayforce Bidco LLC<sup>(c),(t)</sup>  | Dayforce Bidco LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>02/04/2033<br>| &nbsp;&nbsp; 6.661% | 786980 | &nbsp;&nbsp; 743476 |
| Grant Thornton Advisors LLC<sup>(c),(t)</sup>  | Grant Thornton Advisors LLC<sup>(c),(t)</sup>  | Grant Thornton Advisors LLC<sup>(c),(t)</sup>  | Grant Thornton Advisors LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>06/02/2031<br>| &nbsp;&nbsp; 6.418% | 98881 | &nbsp;&nbsp; 91908 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| LSF12 Helix Parent LLC<sup>(c),(t)</sup>  | LSF12 Helix Parent LLC<sup>(c),(t)</sup>  | LSF12 Helix Parent LLC<sup>(c),(t)</sup>  | LSF12 Helix Parent LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.500% <br>02/10/2033<br>| &nbsp;&nbsp; 7.168% | 248230 | &nbsp;&nbsp; 244630 |
| MRP Buyer LLC<sup>(c),(t),(v),(w)</sup>  | MRP Buyer LLC<sup>(c),(t),(v),(w)</sup>  | MRP Buyer LLC<sup>(c),(t),(v),(w)</sup>  | MRP Buyer LLC<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>06/04/2032<br>| &nbsp;&nbsp; 5.476% | 29241 | &nbsp;&nbsp; 29204 |
| MRP Buyer LLC<sup>(c),(t)</sup>  | MRP Buyer LLC<sup>(c),(t)</sup>  | MRP Buyer LLC<sup>(c),(t)</sup>  | MRP Buyer LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>06/04/2032<br>| &nbsp;&nbsp; 6.950% | 229290 | &nbsp;&nbsp; 229004 |
| Pinnacle Buyer LLC<sup>(c),(t),(v),(w)</sup>  | Pinnacle Buyer LLC<sup>(c),(t),(v),(w)</sup>  | Pinnacle Buyer LLC<sup>(c),(t),(v),(w)</sup>  | Pinnacle Buyer LLC<sup>(c),(t),(v),(w)</sup>  |
| Tranche B Delayed Draw Term Loan | Tranche B Delayed Draw Term Loan | Tranche B Delayed Draw Term Loan | Tranche B Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>10/01/2032<br>| &nbsp;&nbsp; 2.500% | 68548 | &nbsp;&nbsp; 68570 |
| Pinnacle Buyer LLC<sup>(c),(t)</sup>  | Pinnacle Buyer LLC<sup>(c),(t)</sup>  | Pinnacle Buyer LLC<sup>(c),(t)</sup>  | Pinnacle Buyer LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>10/01/2032<br>| &nbsp;&nbsp; 6.161% | 355561 | &nbsp;&nbsp; 355671 |
| WireCo WorldGroup, Inc.<sup>(c),(t)</sup>  | WireCo WorldGroup, Inc.<sup>(c),(t)</sup>  | WireCo WorldGroup, Inc.<sup>(c),(t)</sup>  | WireCo WorldGroup, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.750% <br>11/13/2028<br>| &nbsp;&nbsp; 7.419% | 248097 | &nbsp;&nbsp; 247062 |
| Xplor T1 LLC<sup>(c),(t)</sup>  | Xplor T1 LLC<sup>(c),(t)</sup>  | Xplor T1 LLC<sup>(c),(t)</sup>  | Xplor T1 LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>12/01/2032<br>| &nbsp;&nbsp; 7.167% | 239438 | &nbsp;&nbsp; 222079 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3357107** |
| **Other REIT 0.0%** | **Other REIT 0.0%** | **Other REIT 0.0%** | **Other REIT 0.0%** |
| OEG Borrower LLC<sup>(c),(t)</sup>  | OEG Borrower LLC<sup>(c),(t)</sup>  | OEG Borrower LLC<sup>(c),(t)</sup>  | OEG Borrower LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.500% <br>06/30/2031<br>| &nbsp;&nbsp; 7.186% | 54722 | &nbsp;&nbsp; 54814 |
| **Packaging 0.1%** | **Packaging 0.1%** | **Packaging 0.1%** | **Packaging 0.1%** |
| Charter Next Generation, Inc.<sup>(c),(t)</sup>  | Charter Next Generation, Inc.<sup>(c),(t)</sup>  | Charter Next Generation, Inc.<sup>(c),(t)</sup>  | Charter Next Generation, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>11/29/2030<br>| &nbsp;&nbsp; 6.171% | 293041 | &nbsp;&nbsp; 290966 |
| Clydesdale Acquisition Holdings, Inc.<sup>(c),(t)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(c),(t)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(c),(t)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(c),(t)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.175% <br>Floor 0.500% <br>04/13/2029<br>| &nbsp;&nbsp; 6.843% | 347728 | &nbsp;&nbsp; 330933 |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>04/01/2032<br>| &nbsp;&nbsp; 6.918% | 98969 | &nbsp;&nbsp; 92190 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| LC Ahab US Bidco LLC<sup>(c),(t)</sup>  | LC Ahab US Bidco LLC<sup>(c),(t)</sup>  | LC Ahab US Bidco LLC<sup>(c),(t)</sup>  | LC Ahab US Bidco LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>05/01/2031<br>| &nbsp;&nbsp; 6.168% | 152103 | &nbsp;&nbsp; 150202 |
| Owens-Brockway Glass Container, Inc.<sup>(c),(t)</sup>  | Owens-Brockway Glass Container, Inc.<sup>(c),(t)</sup>  | Owens-Brockway Glass Container, Inc.<sup>(c),(t)</sup>  | Owens-Brockway Glass Container, Inc.<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>09/30/2032<br>| &nbsp;&nbsp; 6.668% | 397460 | &nbsp;&nbsp; 392821 |
| ProAmpac PG Borrower LLC<sup>(c),(t)</sup>  | ProAmpac PG Borrower LLC<sup>(c),(t)</sup>  | ProAmpac PG Borrower LLC<sup>(c),(t)</sup>  | ProAmpac PG Borrower LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.000% <br>03/07/2033<br>| &nbsp;&nbsp; 7.782% | 282979 | &nbsp;&nbsp; 272580 |
| Tosca Services LLC<sup>(c),(t)</sup>  | Tosca Services LLC<sup>(c),(t)</sup>  | Tosca Services LLC<sup>(c),(t)</sup>  | Tosca Services LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>11/30/2028<br>| &nbsp;&nbsp; 8.050% | 252788 | &nbsp;&nbsp; 234567 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1764259** |
| **Paper 0.0%** | **Paper 0.0%** | **Paper 0.0%** | **Paper 0.0%** |
| Verde Purchaser LLC<sup>(c),(t)</sup>  | Verde Purchaser LLC<sup>(c),(t)</sup>  | Verde Purchaser LLC<sup>(c),(t)</sup>  | Verde Purchaser LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.000% <br>11/30/2030<br>| &nbsp;&nbsp; 7.700% | 197000 | &nbsp;&nbsp; 191090 |
| **Pharmaceuticals 0.0%** | **Pharmaceuticals 0.0%** | **Pharmaceuticals 0.0%** | **Pharmaceuticals 0.0%** |
| Alkermes, Inc.<sup>(c),(t)</sup>  | Alkermes, Inc.<sup>(c),(t)</sup>  | Alkermes, Inc.<sup>(c),(t)</sup>  | Alkermes, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>08/12/2031<br>| &nbsp;&nbsp; 6.418% | 58328 | &nbsp;&nbsp; 58729 |
| Amneal Pharmaceuticals LLC<sup>(c),(t)</sup>  | Amneal Pharmaceuticals LLC<sup>(c),(t)</sup>  | Amneal Pharmaceuticals LLC<sup>(c),(t)</sup>  | Amneal Pharmaceuticals LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>08/01/2032<br>| &nbsp;&nbsp; 6.668% | 133523 | &nbsp;&nbsp; 133857 |
| Dechra Pharmaceuticals Holdings Ltd.<sup>(c),(t)</sup>  | Dechra Pharmaceuticals Holdings Ltd.<sup>(c),(t)</sup>  | Dechra Pharmaceuticals Holdings Ltd.<sup>(c),(t)</sup>  | Dechra Pharmaceuticals Holdings Ltd.<sup>(c),(t)</sup>  |
| Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan |
| &nbsp;&nbsp; 6-month Term SOFR + 2.750% <br>01/27/2032<br>| &nbsp;&nbsp; 6.387% | 397373 | &nbsp;&nbsp; 396777 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **589363** |
| **Property & Casualty 0.1%** | **Property & Casualty 0.1%** | **Property & Casualty 0.1%** | **Property & Casualty 0.1%** |
| Alliant Holdings Intermediate LLC<sup>(c),(t)</sup>  | Alliant Holdings Intermediate LLC<sup>(c),(t)</sup>  | Alliant Holdings Intermediate LLC<sup>(c),(t)</sup>  | Alliant Holdings Intermediate LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>09/19/2031<br>| &nbsp;&nbsp; 6.168% | 433566 | &nbsp;&nbsp; 429820 |
| AmWINS Group, Inc.<sup>(c),(t)</sup>  | AmWINS Group, Inc.<sup>(c),(t)</sup>  | AmWINS Group, Inc.<sup>(c),(t)</sup>  | AmWINS Group, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>01/30/2032<br>| &nbsp;&nbsp; 5.668% | 298489 | &nbsp;&nbsp; 296196 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Broadstreet Partners Group LLC<sup>(c),(t)</sup>  | Broadstreet Partners Group LLC<sup>(c),(t)</sup>  | Broadstreet Partners Group LLC<sup>(c),(t)</sup>  | Broadstreet Partners Group LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>06/13/2031<br>| &nbsp;&nbsp; 6.168% | 444388 | &nbsp;&nbsp; 432891 |
| CRC Insurance Group LLC<sup>(c),(t)</sup>  | CRC Insurance Group LLC<sup>(c),(t)</sup>  | CRC Insurance Group LLC<sup>(c),(t)</sup>  | CRC Insurance Group LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>05/06/2031<br>| &nbsp;&nbsp; 6.450% | 263642 | &nbsp;&nbsp; 259606 |
| HUB International Ltd.<sup>(c),(t)</sup>  | HUB International Ltd.<sup>(c),(t)</sup>  | HUB International Ltd.<sup>(c),(t)</sup>  | HUB International Ltd.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>06/20/2030<br>| &nbsp;&nbsp; 5.920% | 392284 | &nbsp;&nbsp; 391159 |
| &nbsp;&nbsp; Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(c),(t)</sup>  | &nbsp;&nbsp; Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(c),(t)</sup>  | &nbsp;&nbsp; Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(c),(t)</sup>  | &nbsp;&nbsp; Sedgwick Claims Management Services, Inc./Lightning Cayman Merger Sub <br> Ltd.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>07/31/2031<br>| &nbsp;&nbsp; 6.168% | 442781 | &nbsp;&nbsp; 434165 |
| USI, Inc.<sup>(c),(t)</sup>  | USI, Inc.<sup>(c),(t)</sup>  | USI, Inc.<sup>(c),(t)</sup>  | USI, Inc.<sup>(c),(t)</sup>  |
| Tranche D Term Loan | Tranche D Term Loan | Tranche D Term Loan | Tranche D Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>11/21/2029<br>| &nbsp;&nbsp; 5.950% | 397407 | &nbsp;&nbsp; 396167 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2640004** |
| **Restaurants 0.0%** | **Restaurants 0.0%** | **Restaurants 0.0%** | **Restaurants 0.0%** |
| Dave & Buster's, Inc.<sup>(c),(t)</sup>  | Dave & Buster's, Inc.<sup>(c),(t)</sup>  | Dave & Buster's, Inc.<sup>(c),(t)</sup>  | Dave & Buster's, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>11/01/2031<br>| &nbsp;&nbsp; 6.938% | 218051 | &nbsp;&nbsp; 181294 |
| Flynn Restaurant Group LP<sup>(c),(t)</sup>  | Flynn Restaurant Group LP<sup>(c),(t)</sup>  | Flynn Restaurant Group LP<sup>(c),(t)</sup>  | Flynn Restaurant Group LP<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.750% <br>01/28/2032<br>| &nbsp;&nbsp; 7.418% | 397995 | &nbsp;&nbsp; 390389 |
| IRB Holding Corp.<sup>(c),(t)</sup>  | IRB Holding Corp.<sup>(c),(t)</sup>  | IRB Holding Corp.<sup>(c),(t)</sup>  | IRB Holding Corp.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>12/15/2030<br>| &nbsp;&nbsp; 6.176% | 339387 | &nbsp;&nbsp; 338362 |
| Whatabrands LLC<sup>(c),(t)</sup>  | Whatabrands LLC<sup>(c),(t)</sup>  | Whatabrands LLC<sup>(c),(t)</sup>  | Whatabrands LLC<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>08/03/2028<br>| &nbsp;&nbsp; 6.168% | 211652 | &nbsp;&nbsp; 211161 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1121206** |
| **Retailers 0.1%** | **Retailers 0.1%** | **Retailers 0.1%** | **Retailers 0.1%** |
| Beach Acquisition Bidco LLC<sup>(c),(t)</sup>  | Beach Acquisition Bidco LLC<sup>(c),(t)</sup>  | Beach Acquisition Bidco LLC<sup>(c),(t)</sup>  | Beach Acquisition Bidco LLC<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>09/12/2032<br>| &nbsp;&nbsp; 6.950% | 299250 | &nbsp;&nbsp; 299624 |
| Belron Finance 2019 LLC<sup>(c),(t)</sup>  | Belron Finance 2019 LLC<sup>(c),(t)</sup>  | Belron Finance 2019 LLC<sup>(c),(t)</sup>  | Belron Finance 2019 LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.000% <br>10/16/2031<br>| &nbsp;&nbsp; 5.660% | 140155 | &nbsp;&nbsp; 140015 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Great Outdoors Group LLC<sup>(c),(t)</sup>  | Great Outdoors Group LLC<sup>(c),(t)</sup>  | Great Outdoors Group LLC<sup>(c),(t)</sup>  | Great Outdoors Group LLC<sup>(c),(t)</sup>  |
| Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan | Tranche B3 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>01/23/2032<br>| &nbsp;&nbsp; 6.918% | 390959 | &nbsp;&nbsp; 389786 |
| Harbor Freight Tools USA, Inc.<sup>(c),(t)</sup>  | Harbor Freight Tools USA, Inc.<sup>(c),(t)</sup>  | Harbor Freight Tools USA, Inc.<sup>(c),(t)</sup>  | Harbor Freight Tools USA, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>06/11/2031<br>| &nbsp;&nbsp; 5.918% | 72046 | &nbsp;&nbsp; 71216 |
| LS Group Opco Acquisition LLC/PropCo<sup>(c),(t)</sup>  | LS Group Opco Acquisition LLC/PropCo<sup>(c),(t)</sup>  | LS Group Opco Acquisition LLC/PropCo<sup>(c),(t)</sup>  | LS Group Opco Acquisition LLC/PropCo<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>04/23/2031<br>| &nbsp;&nbsp; 6.173% | 373115 | &nbsp;&nbsp; 371717 |
| Mavis Tire Express Services Topco Corp.<sup>(c),(t)</sup>  | Mavis Tire Express Services Topco Corp.<sup>(c),(t)</sup>  | Mavis Tire Express Services Topco Corp.<sup>(c),(t)</sup>  | Mavis Tire Express Services Topco Corp.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>05/04/2028<br>| &nbsp;&nbsp; 6.668% | 392280 | &nbsp;&nbsp; 391644 |
| PetSmart LLC<sup>(c),(t)</sup>  | PetSmart LLC<sup>(c),(t)</sup>  | PetSmart LLC<sup>(c),(t)</sup>  | PetSmart LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.000% <br>08/18/2032<br>| &nbsp;&nbsp; 7.675% | 443734 | &nbsp;&nbsp; 440295 |
| Restoration Hardware, Inc.<sup>(c),(t)</sup>  | Restoration Hardware, Inc.<sup>(c),(t)</sup>  | Restoration Hardware, Inc.<sup>(c),(t)</sup>  | Restoration Hardware, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>Floor 0.500% <br>10/20/2028<br>| &nbsp;&nbsp; 6.282% | 297662 | &nbsp;&nbsp; 289265 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2393562** |
| **Supermarkets 0.0%** | **Supermarkets 0.0%** | **Supermarkets 0.0%** | **Supermarkets 0.0%** |
| ACP Tara Holdings, Inc.<sup>(c),(t)</sup>  | ACP Tara Holdings, Inc.<sup>(c),(t)</sup>  | ACP Tara Holdings, Inc.<sup>(c),(t)</sup>  | ACP Tara Holdings, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>12/15/2032<br>| &nbsp;&nbsp; 6.950% | 395748 | &nbsp;&nbsp; 397066 |
| **Technology 0.5%** | **Technology 0.5%** | **Technology 0.5%** | **Technology 0.5%** |
| Access CIG LLC<sup>(c),(t)</sup>  | Access CIG LLC<sup>(c),(t)</sup>  | Access CIG LLC<sup>(c),(t)</sup>  | Access CIG LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 4.000% <br>08/19/2030<br>| &nbsp;&nbsp; 7.700% | 364274 | &nbsp;&nbsp; 327694 |
| Adeia, Inc.<sup>(b),(c),(t)</sup>  | Adeia, Inc.<sup>(b),(c),(t)</sup>  | Adeia, Inc.<sup>(b),(c),(t)</sup>  | Adeia, Inc.<sup>(b),(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>06/08/2028<br>| &nbsp;&nbsp; 6.168% | 232057 | &nbsp;&nbsp; 231476 |
| Ahead DB Holdings LLC<sup>(c),(t)</sup>  | Ahead DB Holdings LLC<sup>(c),(t)</sup>  | Ahead DB Holdings LLC<sup>(c),(t)</sup>  | Ahead DB Holdings LLC<sup>(c),(t)</sup>  |
| Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan | Tranche B5 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>Floor 0.750% <br>02/01/2031<br>| &nbsp;&nbsp; 6.200% | 395883 | &nbsp;&nbsp; 389635 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Applied Systems, Inc.<sup>(c),(t)</sup>  | Applied Systems, Inc.<sup>(c),(t)</sup>  | Applied Systems, Inc.<sup>(c),(t)</sup>  | Applied Systems, Inc.<sup>(c),(t)</sup>  |
| Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan | Tranche B1 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>02/24/2031<br>| &nbsp;&nbsp; 5.950% | 346757 | &nbsp;&nbsp; 339628 |
| Ascend Learning LLC<sup>(c),(t)</sup>  | Ascend Learning LLC<sup>(c),(t)</sup>  | Ascend Learning LLC<sup>(c),(t)</sup>  | Ascend Learning LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/11/2028<br>| &nbsp;&nbsp; 6.668% | 384098 | &nbsp;&nbsp; 374495 |
| athenahealth Group, Inc.<sup>(c),(t)</sup>  | athenahealth Group, Inc.<sup>(c),(t)</sup>  | athenahealth Group, Inc.<sup>(c),(t)</sup>  | athenahealth Group, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>Floor 0.500% <br>02/15/2029<br>| &nbsp;&nbsp; 6.418% | 342982 | &nbsp;&nbsp; 336123 |
| Barracuda Parent LLC<sup>(c),(t)</sup>  | Barracuda Parent LLC<sup>(c),(t)</sup>  | Barracuda Parent LLC<sup>(c),(t)</sup>  | Barracuda Parent LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.500% <br>Floor 0.500% <br>08/15/2029<br>| &nbsp;&nbsp; 8.167% | 104831 | &nbsp;&nbsp; 66306 |
| BCPE Pequod Buyer, Inc.<sup>(c),(t)</sup>  | BCPE Pequod Buyer, Inc.<sup>(c),(t)</sup>  | BCPE Pequod Buyer, Inc.<sup>(c),(t)</sup>  | BCPE Pequod Buyer, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>11/25/2031<br>| &nbsp;&nbsp; 6.417% | 379965 | &nbsp;&nbsp; 368091 |
| Boxer Parent Co., Inc.<sup>(c),(t)</sup>  | Boxer Parent Co., Inc.<sup>(c),(t)</sup>  | Boxer Parent Co., Inc.<sup>(c),(t)</sup>  | Boxer Parent Co., Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>07/30/2031<br>| &nbsp;&nbsp; 6.673% | 338808 | &nbsp;&nbsp; 313293 |
| Calabrio, Inc.<sup>(c),(t)</sup>  | Calabrio, Inc.<sup>(c),(t)</sup>  | Calabrio, Inc.<sup>(c),(t)</sup>  | Calabrio, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.000% <br>11/26/2032<br>| &nbsp;&nbsp; 7.673% | 160112 | &nbsp;&nbsp; 124487 |
| Central Parent LLC<sup>(c),(t)</sup>  | Central Parent LLC<sup>(c),(t)</sup>  | Central Parent LLC<sup>(c),(t)</sup>  | Central Parent LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>07/06/2029<br>| &nbsp;&nbsp; 6.950% | 196010 | &nbsp;&nbsp; 139185 |
| Clearwater Analytics LLC<sup>(c),(t)</sup>  | Clearwater Analytics LLC<sup>(c),(t)</sup>  | Clearwater Analytics LLC<sup>(c),(t)</sup>  | Clearwater Analytics LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>04/21/2032<br>| &nbsp;&nbsp; 5.675% | 398000 | &nbsp;&nbsp; 397502 |
| Cloud Software Group, Inc.<sup>(c),(t)</sup>  | Cloud Software Group, Inc.<sup>(c),(t)</sup>  | Cloud Software Group, Inc.<sup>(c),(t)</sup>  | Cloud Software Group, Inc.<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>08/13/2032<br>| &nbsp;&nbsp; 6.950% | 236943 | &nbsp;&nbsp; 216082 |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>03/21/2031<br>| &nbsp;&nbsp; 6.950% | 124687 | &nbsp;&nbsp; 113839 |
| Cloudera, Inc.<sup>(c),(t)</sup>  | Cloudera, Inc.<sup>(c),(t)</sup>  | Cloudera, Inc.<sup>(c),(t)</sup>  | Cloudera, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.750% <br>Floor 0.500% <br>10/08/2028<br>| &nbsp;&nbsp; 7.518% | 341985 | &nbsp;&nbsp; 303511 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| CoreLogic, Inc.<sup>(c),(t)</sup>  | CoreLogic, Inc.<sup>(c),(t)</sup>  | CoreLogic, Inc.<sup>(c),(t)</sup>  | CoreLogic, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.500% <br>Floor 0.500% <br>06/02/2028<br>| &nbsp;&nbsp; 7.282% | 395601 | &nbsp;&nbsp; 377554 |
| Cornerstone OnDemand, Inc.<sup>(c),(t)</sup>  | Cornerstone OnDemand, Inc.<sup>(c),(t)</sup>  | Cornerstone OnDemand, Inc.<sup>(c),(t)</sup>  | Cornerstone OnDemand, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.750% <br>Floor 0.500% <br>10/16/2028<br>| &nbsp;&nbsp; 0.000% | 397933 | &nbsp;&nbsp; 288501 |
| Cotiviti, Inc.<sup>(c),(t)</sup>  | Cotiviti, Inc.<sup>(c),(t)</sup>  | Cotiviti, Inc.<sup>(c),(t)</sup>  | Cotiviti, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>05/01/2031<br>| &nbsp;&nbsp; 6.418% | 442521 | &nbsp;&nbsp; 406845 |
| Darktrace Finco US LLC<sup>(c),(t)</sup>  | Darktrace Finco US LLC<sup>(c),(t)</sup>  | Darktrace Finco US LLC<sup>(c),(t)</sup>  | Darktrace Finco US LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.250% <br>10/09/2031<br>| &nbsp;&nbsp; 6.898% | 368516 | &nbsp;&nbsp; 351981 |
| DS Admiral Bidco LLC<sup>(c),(t)</sup>  | DS Admiral Bidco LLC<sup>(c),(t)</sup>  | DS Admiral Bidco LLC<sup>(c),(t)</sup>  | DS Admiral Bidco LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>06/26/2031<br>| &nbsp;&nbsp; 0.000% | 393459 | &nbsp;&nbsp; 368132 |
| Ellucian Holdings, Inc.<sup>(c),(t)</sup>  | Ellucian Holdings, Inc.<sup>(c),(t)</sup>  | Ellucian Holdings, Inc.<sup>(c),(t)</sup>  | Ellucian Holdings, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>10/08/2029<br>| &nbsp;&nbsp; 6.168% | 278969 | &nbsp;&nbsp; 270890 |
| Flash Charm, Inc.<sup>(c),(t),(v)</sup>  | Flash Charm, Inc.<sup>(c),(t),(v)</sup>  | Flash Charm, Inc.<sup>(c),(t),(v)</sup>  | Flash Charm, Inc.<sup>(c),(t),(v)</sup>  |
| 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan | 2nd Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 6.750% <br>Floor 0.750% <br>03/02/2029<br>| &nbsp;&nbsp; 10.560% | 251937 | &nbsp;&nbsp; 174152 |
| Fortress Intermediate 3, Inc.<sup>(b),(c),(t)</sup>  | Fortress Intermediate 3, Inc.<sup>(b),(c),(t)</sup>  | Fortress Intermediate 3, Inc.<sup>(b),(c),(t)</sup>  | Fortress Intermediate 3, Inc.<sup>(b),(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>06/27/2031<br>| &nbsp;&nbsp; 6.669% | 401739 | &nbsp;&nbsp; 398224 |
| Genesys Cloud Services Holdings I LLC<sup>(c),(t)</sup>  | Genesys Cloud Services Holdings I LLC<sup>(c),(t)</sup>  | Genesys Cloud Services Holdings I LLC<sup>(c),(t)</sup>  | Genesys Cloud Services Holdings I LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>01/30/2032<br>| &nbsp;&nbsp; 6.168% | 382116 | &nbsp;&nbsp; 365081 |
| Icon Parent I, Inc.<sup>(c),(t)</sup>  | Icon Parent I, Inc.<sup>(c),(t)</sup>  | Icon Parent I, Inc.<sup>(c),(t)</sup>  | Icon Parent I, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>11/13/2031<br>| &nbsp;&nbsp; 6.437% | 289871 | &nbsp;&nbsp; 277613 |
| Idemia Group SAS<sup>(c),(t)</sup>  | Idemia Group SAS<sup>(c),(t)</sup>  | Idemia Group SAS<sup>(c),(t)</sup>  | Idemia Group SAS<sup>(c),(t)</sup>  |
| Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan | Tranche B5 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 4.250% <br>Floor 0.750% <br>09/30/2028<br>| &nbsp;&nbsp; 7.950% | 392620 | &nbsp;&nbsp; 388368 |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| IGT Holding IV AB<sup>(c),(t)</sup>  | IGT Holding IV AB<sup>(c),(t)</sup>  | IGT Holding IV AB<sup>(c),(t)</sup>  | IGT Holding IV AB<sup>(c),(t)</sup>  |
| Tranche B7 Term Loan | Tranche B7 Term Loan | Tranche B7 Term Loan | Tranche B7 Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>09/01/2031<br>| &nbsp;&nbsp; 6.700% | 370099 | &nbsp;&nbsp; 366398 |
| ION Platform Finance US, Inc.<sup>(c),(t)</sup>  | ION Platform Finance US, Inc.<sup>(c),(t)</sup>  | ION Platform Finance US, Inc.<sup>(c),(t)</sup>  | ION Platform Finance US, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.750% <br>10/07/2032<br>| &nbsp;&nbsp; 7.450% | 359324 | &nbsp;&nbsp; 287258 |
| KnowBe4, Inc.<sup>(c),(t)</sup>  | KnowBe4, Inc.<sup>(c),(t)</sup>  | KnowBe4, Inc.<sup>(c),(t)</sup>  | KnowBe4, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.750% <br>07/23/2032<br>| &nbsp;&nbsp; 7.417% | 139429 | &nbsp;&nbsp; 123859 |
| McAfee Corp.<sup>(c),(t)</sup>  | McAfee Corp.<sup>(c),(t)</sup>  | McAfee Corp.<sup>(c),(t)</sup>  | McAfee Corp.<sup>(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>03/01/2029<br>| &nbsp;&nbsp; 6.668% | 343886 | &nbsp;&nbsp; 306058 |
| Mitchell International, Inc.<sup>(c),(t)</sup>  | Mitchell International, Inc.<sup>(c),(t)</sup>  | Mitchell International, Inc.<sup>(c),(t)</sup>  | Mitchell International, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>06/17/2031<br>| &nbsp;&nbsp; 6.668% | 433423 | &nbsp;&nbsp; 412502 |
| Nielsen Consumer, Inc.<sup>(c),(t)</sup>  | Nielsen Consumer, Inc.<sup>(c),(t)</sup>  | Nielsen Consumer, Inc.<sup>(c),(t)</sup>  | Nielsen Consumer, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.250% <br>10/31/2030<br>| &nbsp;&nbsp; 5.918% | 148132 | &nbsp;&nbsp; 145910 |
| Peraton Corp.<sup>(c),(t)</sup>  | Peraton Corp.<sup>(c),(t)</sup>  | Peraton Corp.<sup>(c),(t)</sup>  | Peraton Corp.<sup>(c),(t)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.750% <br>Floor 0.750% <br>02/01/2028<br>| &nbsp;&nbsp; 7.517% | 246682 | &nbsp;&nbsp; 210092 |
| Ping Identity Holding Corp.<sup>(c),(t)</sup>  | Ping Identity Holding Corp.<sup>(c),(t)</sup>  | Ping Identity Holding Corp.<sup>(c),(t)</sup>  | Ping Identity Holding Corp.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>11/15/2032<br>| &nbsp;&nbsp; 6.422% | 221836 | &nbsp;&nbsp; 218786 |
| PointClickCare Technologies, Inc.<sup>(c),(t)</sup>  | PointClickCare Technologies, Inc.<sup>(c),(t)</sup>  | PointClickCare Technologies, Inc.<sup>(c),(t)</sup>  | PointClickCare Technologies, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>11/03/2031<br>| &nbsp;&nbsp; 6.418% | 198501 | &nbsp;&nbsp; 197261 |
| Project Boost Purchaser LLC<sup>(c),(t)</sup>  | Project Boost Purchaser LLC<sup>(c),(t)</sup>  | Project Boost Purchaser LLC<sup>(c),(t)</sup>  | Project Boost Purchaser LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>07/16/2031<br>| &nbsp;&nbsp; 6.450% | 309114 | &nbsp;&nbsp; 297485 |
| Proofpoint, Inc.<sup>(c),(t)</sup>  | Proofpoint, Inc.<sup>(c),(t)</sup>  | Proofpoint, Inc.<sup>(c),(t)</sup>  | Proofpoint, Inc.<sup>(c),(t)</sup>  |
| Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan | Tranche B 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>08/31/2028<br>| &nbsp;&nbsp; 6.700% | 346877 | &nbsp;&nbsp; 335315 |
| Rocket Software, Inc.<sup>(c),(t)</sup>  | Rocket Software, Inc.<sup>(c),(t)</sup>  | Rocket Software, Inc.<sup>(c),(t)</sup>  | Rocket Software, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.750% <br>11/28/2028<br>| &nbsp;&nbsp; 7.418% | 394296 | &nbsp;&nbsp; 377417 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Sanmina Corp.<sup>(b),(c),(t)</sup>  | Sanmina Corp.<sup>(b),(c),(t)</sup>  | Sanmina Corp.<sup>(b),(c),(t)</sup>  | Sanmina Corp.<sup>(b),(c),(t)</sup>  |
| Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan | Tranche B1 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>10/27/2032<br>| &nbsp;&nbsp; 5.668% | 129062 | &nbsp;&nbsp; 128901 |
| Sovos Compliance LLC<sup>(c),(t)</sup>  | Sovos Compliance LLC<sup>(c),(t)</sup>  | Sovos Compliance LLC<sup>(c),(t)</sup>  | Sovos Compliance LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>08/13/2029<br>| &nbsp;&nbsp; 6.918% | 342976 | &nbsp;&nbsp; 324969 |
| Storable, Inc.<sup>(c),(t)</sup>  | Storable, Inc.<sup>(c),(t)</sup>  | Storable, Inc.<sup>(c),(t)</sup>  | Storable, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>04/16/2031<br>| &nbsp;&nbsp; 6.918% | 254856 | &nbsp;&nbsp; 243514 |
| UKG, Inc.<sup>(c),(t)</sup>  | UKG, Inc.<sup>(c),(t)</sup>  | UKG, Inc.<sup>(c),(t)</sup>  | UKG, Inc.<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>02/10/2031<br>| &nbsp;&nbsp; 6.167% | 427143 | &nbsp;&nbsp; 407550 |
| Ultra Clean Holdings, Inc.<sup>(c),(t)</sup>  | Ultra Clean Holdings, Inc.<sup>(c),(t)</sup>  | Ultra Clean Holdings, Inc.<sup>(c),(t)</sup>  | Ultra Clean Holdings, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.750% <br>02/25/2028<br>| &nbsp;&nbsp; 6.418% | 5961 | &nbsp;&nbsp; 5957 |
| Viavi Solutions, Inc.<sup>(c),(t)</sup>  | Viavi Solutions, Inc.<sup>(c),(t)</sup>  | Viavi Solutions, Inc.<sup>(c),(t)</sup>  | Viavi Solutions, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.500% <br>10/16/2032<br>| &nbsp;&nbsp; 6.171% | 300000 | &nbsp;&nbsp; 300000 |
| Virtusa Corp.<sup>(c),(t)</sup>  | Virtusa Corp.<sup>(c),(t)</sup>  | Virtusa Corp.<sup>(c),(t)</sup>  | Virtusa Corp.<sup>(c),(t)</sup>  |
| Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan | Tranche B2 Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.250% <br>Floor 0.750% <br>02/15/2029<br>| &nbsp;&nbsp; 6.918% | 389973 | &nbsp;&nbsp; 349513 |
| VS Buyer LLC<sup>(c),(t)</sup>  | VS Buyer LLC<sup>(c),(t)</sup>  | VS Buyer LLC<sup>(c),(t)</sup>  | VS Buyer LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>04/12/2031<br>| &nbsp;&nbsp; 5.917% | 348250 | &nbsp;&nbsp; 339544 |
| World Wide Technology Holding Co. LLC<sup>(c),(t)</sup>  | World Wide Technology Holding Co. LLC<sup>(c),(t)</sup>  | World Wide Technology Holding Co. LLC<sup>(c),(t)</sup>  | World Wide Technology Holding Co. LLC<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.000% <br>03/01/2030<br>| &nbsp;&nbsp; 5.668% | 248125 | &nbsp;&nbsp; 246731 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **13333708** |
| **Tobacco 0.0%** | **Tobacco 0.0%** | **Tobacco 0.0%** | **Tobacco 0.0%** |
| Savor Acquisition, Inc.<sup>(c),(t),(v),(w)</sup>  | Savor Acquisition, Inc.<sup>(c),(t),(v),(w)</sup>  | Savor Acquisition, Inc.<sup>(c),(t),(v),(w)</sup>  | Savor Acquisition, Inc.<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>02/19/2032<br>| &nbsp;&nbsp; 3.000% | 34562 | &nbsp;&nbsp; 34568 |
| Savor Acquisition, Inc.<sup>(c),(t)</sup>  | Savor Acquisition, Inc.<sup>(c),(t)</sup>  | Savor Acquisition, Inc.<sup>(c),(t)</sup>  | Savor Acquisition, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 3.000% <br>02/19/2032<br>| &nbsp;&nbsp; 6.667% | 364522 | &nbsp;&nbsp; 364588 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **399156** |

---

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Transportation Services 0.0%** | **Transportation Services 0.0%** | **Transportation Services 0.0%** | **Transportation Services 0.0%** |
| Apple Bidco LLC<sup>(c),(t)</sup>  | Apple Bidco LLC<sup>(c),(t)</sup>  | Apple Bidco LLC<sup>(c),(t)</sup>  | Apple Bidco LLC<sup>(c),(t)</sup>  |
| 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan | 1st Lien Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 2.500% <br>09/23/2031<br>| &nbsp;&nbsp; 6.168% | 392557 | &nbsp;&nbsp; 392557 |
| Beacon Mobility Corp.<sup>(c),(t),(v),(w)</sup>  | Beacon Mobility Corp.<sup>(c),(t),(v),(w)</sup>  | Beacon Mobility Corp.<sup>(c),(t),(v),(w)</sup>  | Beacon Mobility Corp.<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.375% <br>08/06/2030<br>| &nbsp;&nbsp; 1.375% | 13230 | &nbsp;&nbsp; 13226 |
| Beacon Mobility Corp.<sup>(c),(t)</sup>  | Beacon Mobility Corp.<sup>(c),(t)</sup>  | Beacon Mobility Corp.<sup>(c),(t)</sup>  | Beacon Mobility Corp.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>08/06/2030<br>| &nbsp;&nbsp; 6.450% | 268331 | &nbsp;&nbsp; 268248 |
| First Student Bidco, Inc.<sup>(c),(t)</sup>  | First Student Bidco, Inc.<sup>(c),(t)</sup>  | First Student Bidco, Inc.<sup>(c),(t)</sup>  | First Student Bidco, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>08/15/2030<br>| &nbsp;&nbsp; 5.950% | 237532 | &nbsp;&nbsp; 236641 |
| Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan | Tranche C Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.250% <br>08/15/2030<br>| &nbsp;&nbsp; 5.950% | 43463 | &nbsp;&nbsp; 43299 |
| Student Transportation of America Holdings, Inc.<sup>(c),(t),(v),(w)</sup>  | Student Transportation of America Holdings, Inc.<sup>(c),(t),(v),(w)</sup>  | Student Transportation of America Holdings, Inc.<sup>(c),(t),(v),(w)</sup>  | Student Transportation of America Holdings, Inc.<sup>(c),(t),(v),(w)</sup>  |
| Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan | Delayed Draw Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 1.750% <br>06/24/2032<br>|  | 21155 | &nbsp;&nbsp; 21195 |
| Student Transportation of America Holdings, Inc.<sup>(c),(t)</sup>  | Student Transportation of America Holdings, Inc.<sup>(c),(t)</sup>  | Student Transportation of America Holdings, Inc.<sup>(c),(t)</sup>  | Student Transportation of America Holdings, Inc.<sup>(c),(t)</sup>  |
| Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan | Tranche B Term Loan |
| &nbsp;&nbsp; 3-month Term SOFR + 2.750% <br>06/24/2032<br>| &nbsp;&nbsp; 6.402% | 76635 | &nbsp;&nbsp; 76779 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1051945** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** | **Senior Loans (continued)** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Wireless 0.0%** | **Wireless 0.0%** | **Wireless 0.0%** | **Wireless 0.0%** |
| Crown Subsea Communications Holding, Inc.<sup>(c),(t)</sup>  | Crown Subsea Communications Holding, Inc.<sup>(c),(t)</sup>  | Crown Subsea Communications Holding, Inc.<sup>(c),(t)</sup>  | Crown Subsea Communications Holding, Inc.<sup>(c),(t)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>Floor 0.750% <br>01/30/2031<br>| &nbsp;&nbsp; 6.668% | 346500 | &nbsp;&nbsp; 347106 |
| &nbsp;&nbsp; Total Senior Loans <br>(Cost $79,475,921) | &nbsp;&nbsp; Total Senior Loans <br>(Cost $79,475,921) | &nbsp;&nbsp; Total Senior Loans <br>(Cost $79,475,921) | &nbsp;&nbsp; **77248156** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Call Option Contracts Purchased 0.1%** | **Call Option Contracts Purchased 0.1%** |
|  | **Value ($)** |
| (Cost $8,865,140) | &nbsp;&nbsp; **2891530** |
| **Put Option Contracts Purchased 0.2%** | **Put Option Contracts Purchased 0.2%** |
| (Cost $4,788,000) | &nbsp;&nbsp; **4981320** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Money Market Funds 4.4%** | **Money Market Funds 4.4%** | **Money Market Funds 4.4%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 3.790%<sup>(n),(x)</sup> <br>| &nbsp;&nbsp; 121431674 | &nbsp;&nbsp; 121383101 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $121,392,797) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $121,392,797) | &nbsp;&nbsp; **121383101** |
| **Total Investments in Securities** <br>**(Cost: $3,068,653,223)** | **Total Investments in Securities** <br>**(Cost: $3,068,653,223)** | &nbsp;&nbsp; **2994046342** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **(238752895)**<br>|
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **2755293447** |

---

At March 31, 2026, securities and/or cash totaling $34,531,492 were pledged as collateral.

**Investments in derivatives** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** | **Forward foreign currency exchange contracts** |
| **Currency to** <br>**be sold**<br>| &nbsp;&nbsp;&nbsp; **Currency to** <br>**be purchased**<br>| **Counterparty** | **Settlement** <br>**date**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Unrealized** <br>**depreciation ($)**<br>|
| 237,609 USD | &nbsp;&nbsp;&nbsp;&nbsp; 204,858 EUR | Citi | 04/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (727)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| Euro-Schatz | 2300 | 06/2026 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; 243225000 | &nbsp;&nbsp;&nbsp;&nbsp; 114069 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Long Bond | 1765 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 200989375 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6507006)<br>|
| U.S. Treasury 10-Year Note | 2458 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 272953219 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3435730)<br>|
| U.S. Treasury Ultra Bond | 200 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 23312500 | &nbsp;&nbsp;&nbsp;&nbsp; 180850 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra Bond | 635 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 74017188 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2435253)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 294919 | &nbsp;&nbsp;&nbsp;&nbsp; (12377989)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| U.S. Treasury 2-Year Note | (1093) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (226737726)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1603376 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 2-Year Note | (1400) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (290423437)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (472752)<br>|
| U.S. Treasury 5-Year Note | (1403) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (151776102)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 166435 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 5-Year Note | (313) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (33860242)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (103267)<br>|
| U.S. Treasury Ultra 10-Year Note | (298) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (33827656)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 758202 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2528013 | &nbsp;&nbsp;&nbsp;&nbsp; (576019)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Citi to <br> receive exercise rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 60000000 | &nbsp;&nbsp; 60000000 | 3.50 | &nbsp;&nbsp; 12/01/2026 | &nbsp;&nbsp; 1041000 | &nbsp;&nbsp; 631848 |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 150000000 | &nbsp;&nbsp; 150000000 | 3.50 | &nbsp;&nbsp; 06/05/2026 | &nbsp;&nbsp; 2758500 | &nbsp;&nbsp; 479460 |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 107348000 | &nbsp;&nbsp; 107348000 | 3.50 | &nbsp;&nbsp; 06/11/2026 | &nbsp;&nbsp; 1771242 | &nbsp;&nbsp; 377478 |
| &nbsp;&nbsp;&nbsp; 30-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 28000000 | &nbsp;&nbsp; 28000000 | 3.50 | &nbsp;&nbsp; 10/29/2026 | &nbsp;&nbsp; 757400 | &nbsp;&nbsp; 253733 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap with Citi to receive <br> exercise rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 50000000 | &nbsp;&nbsp; 50000000 | 3.40 | &nbsp;&nbsp; 09/08/2026 | &nbsp;&nbsp; 492500 | &nbsp;&nbsp; 370215 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 50000000 | &nbsp;&nbsp; 50000000 | 3.75 | &nbsp;&nbsp; 05/14/2026 | &nbsp;&nbsp; 955000 | &nbsp;&nbsp; 492160 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 112959875 | &nbsp;&nbsp; 112959875 | 3.10 | &nbsp;&nbsp; 07/09/2026 | &nbsp;&nbsp; 1089498 | &nbsp;&nbsp; 286636 |
| Total |  |  |  |  |  |  | &nbsp;&nbsp; 8865140 | &nbsp;&nbsp; 2891530 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap with Morgan <br> Stanley to receive SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 300000000 | &nbsp;&nbsp; 300000000 | 3.40 | &nbsp;&nbsp; 08/05/2026 | &nbsp;&nbsp; 4788000 | &nbsp;&nbsp; 4981320 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Pay** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Value** <br>**($)**<br>| **Periodic** <br>**payments** <br>**receivable** <br>**(payable)** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 5000000 | 625010 | (2918)<br>| 639584 |  |  | (17492)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 9000000 | 1125017 | (5250)<br>| 2071419 |  |  | (951652)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 12 BBB-<br>| Citi | 08/17/2061 | 3.000 | Monthly | USD | 7800000 | 1521039 | (4550)<br>| 1973961 |  |  | (457472)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 11/18/2054 | 3.000 | Monthly | USD | 3700000 | 462507 | (2158)<br>| 510733 |  |  | (50384)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 10 BBB-<br>| JPMorgan | 11/17/2059 | 3.000 | Monthly | USD | 16991326 | 4643925 | (9912)<br>| 630805 |  | 4003208 |  |
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| JPMorgan | 11/18/2054 | 3.000 | Monthly | USD | 3700000 | 462507 | (2159)<br>| 112916 |  | 347432 |  |
| &nbsp;&nbsp; CMBX North America <br> Index, Series 10 BBB-<br>| Morgan Stanley | 11/17/2059 | 3.000 | Monthly | USD | 3997959 | 1092688 | (2332)<br>| 212320 |  | 878036 |  |
| &nbsp;&nbsp; CMBX North America <br> Index, Series 16 BBB-<br>| Morgan Stanley | 04/17/2065 | 3.000 | Monthly | USD | 7750000 | 1423989 | (4521)<br>| 1687758 |  |  | (268290)<br>|
| Total |  |  |  |  |  |  | 11356682 | (33800)<br>| 7839496 |  | 5228676 | (1745290)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Receive** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Implied** <br>**credit** <br>**spread** <br>**(%)\***<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount** <br>| **Value** <br>**($)**<br>| **Periodic** <br>**payments** <br>**receivable** <br>**(payable)** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 17 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 6.680 | USD | 15000000 | (2352948)<br>| 8751 |  | (2208107)<br>|  | (136090)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| JPMorgan | 11/17/2059 | 3.000 | Monthly | 62.993 | USD | 9994898 | (2731721)<br>| 5831 |  | (1969255)<br>|  | (756635)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| JPMorgan | 11/17/2059 | 3.000 | Monthly | 62.993 | USD | 9994898 | (2731721)<br>| 5831 |  | (1525451)<br>|  | (1200439)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 18 BBB-<br>| Morgan Stanley | 12/17/2057 | 3.000 | Monthly | 6.277 | USD | 5000000 | (437753)<br>| 2917 |  | (449950)<br>| 15114 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 18 BBB-<br>| Morgan Stanley | 12/17/2057 | 3.000 | Monthly | 6.277 | USD | 15000000 | (1313260)<br>| 8749 |  | (1255874)<br>|  | (48637)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 8 BBB-<br>| Morgan Stanley | 10/17/2057 | 3.000 | Monthly | 47.271 | USD | 6783239 | (1840141)<br>| 3957 |  | (1265160)<br>|  | (571024)<br>|
| Total |  |  |  |  |  |  |  | (11407544)<br>| 36036 |  | (8673797)<br>| 15114 | (2712825)<br>|

---

\* Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. <br>

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents privately placed and other securities and instruments exempt from Securities
 and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only
 to qualified institutional buyers. At March 31, 2026, the total value of these securities amounted to $1,097,276,014, which represents 39.82% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Valuation based on significant unobservable inputs.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Variable rate security. The interest rate shown was the current rate as of March 31,
 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Represents a security purchased on a when-issued basis.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Security represents a pool of loans that generate cash payments generally over fixed
 periods of time. Such securities entitle the security holders to receive distributions (i.e. principal and interest, net of fees and expenses) that are tied to the payments
 made by the borrower on the underlying loans. Due to the structure of the security the cash payments received are not known until the time of payment. The interest rate
 shown is the stated coupon rate as of March 31, 2026 and is not reflective of the cash flow payments. The security is represented in shares.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Represents a security in default.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Variable or floating rate security, the interest rate of which adjusts periodically
 based on changes in current interest rates and prepayments on the underlying pool
 of assets. The interest rate shown was the current rate as of March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(h) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Payment-in-kind security. Interest can be paid by issuing additional par of the security
 or in cash.

&nbsp;&nbsp;&nbsp;&nbsp;(j) Represents a variable rate security with a step coupon where the rate adjusts according
 to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the
 current rate as of March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(k) Perpetual security with no specified maturity date.

&nbsp;&nbsp;&nbsp;&nbsp;(l) Principal and interest may not be guaranteed by a governmental entity.

&nbsp;&nbsp;&nbsp;&nbsp;(m) The Fund's committed equity ownership interest in the joint venture is 23% of the LLC, which is not held in the form of shares. Investments into the LLC will be called from the Fund over a commitment period ending December 31, 2026. Any unfunded commitments
 are indicated as such.

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

**Notes to Portfolio of Investments (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;(n) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended March 31, 2026 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% |
|  | 143343217 | &nbsp;&nbsp; 260876240 | &nbsp;&nbsp; (282824316)<br>| &nbsp;&nbsp; (12040)<br>| &nbsp;&nbsp; 121383101 | &nbsp;&nbsp; (2420)<br>| &nbsp;&nbsp; 1066015 | &nbsp;&nbsp; 121431674 |
| Itasca Park LLC | Itasca Park LLC | Itasca Park LLC | Itasca Park LLC | Itasca Park LLC | Itasca Park LLC | Itasca Park LLC | Itasca Park LLC | Itasca Park LLC |
|  | 4975665 | &nbsp;&nbsp; 9220000 | &nbsp;&nbsp; — | &nbsp;&nbsp; 59607 | &nbsp;&nbsp; 14255272 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded |
|  | 17979000 | &nbsp;&nbsp; (9220000)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8759000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total | 166297882 |  |  | &nbsp;&nbsp; 47567 | &nbsp;&nbsp; 144397373 | &nbsp;&nbsp; (2420)<br>| &nbsp;&nbsp; 1066015 |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(o) Denotes a restricted security, which is subject to legal or contractual restrictions
 on resale under federal securities laws. Disposal of a restricted investment may involve time-consuming negotiations and expenses, and prompt sale at an acceptable
 price may be difficult to achieve. Private placement securities are generally considered to be restricted, although certain of those securities may be traded between
 qualified institutional investors under the provisions of Section 4(a)(2) and Rule 144A. The Fund will not incur any registration costs upon such a trade. At March
 31, 2026, the total market value of these securities amounted to $23,021,050, which represents 0.84% of total net assets. Additional information on these securities
 is as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **Acquisition** <br>**Dates**<br>| **Shares** | **Cost ($)** | **Value ($)** |
| Altice Luxembourg France SA, CVR | 10/15/2025 | &nbsp;&nbsp; 469 | &nbsp;&nbsp; 27 | &nbsp;&nbsp; 6778 |
| Itasca Park LLC | 09/02/2025-03/23/2026 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14291000 | &nbsp;&nbsp; 14255272 |
| Itasca Park LLC - Unfunded | 07/28/2025 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8759000 | &nbsp;&nbsp; 8759000 |
|  |  |  | &nbsp;&nbsp; 23050027 | &nbsp;&nbsp; 23021050 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(p) Includes comparable securities held to satisfy future delivery requirements of the
 following open forward sale commitments at March 31, 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security description** | **Principal** <br>**amount ($)**<br>| &nbsp;&nbsp;&nbsp; **Settlement** <br>**date**<br>| &nbsp;&nbsp;&nbsp; **Proceeds** <br>**receivable ($)**<br>| **Value ($)** |
| Uniform Mortgage-Backed Security TBA |  |  |  |  |
| 04/13/2056 3.000% | (12000000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 04/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp; (10759219)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (10538153)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(q) Represents interest only securities which have the right to receive the monthly interest
 payments on an underlying pool of mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;(r) This security or a portion of this security has been pledged as collateral in connection
 with investments sold short and/or derivative contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(s) Represents fair value as determined in good faith under procedures approved by the
 Board of Trustees. At March 31, 2026, the total value of these securities amounted to $6,778, which represents less than 0.01% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(t) The stated interest rate represents the weighted average interest rate at March 31,
 2026 of contracts within the senior loan facility. Interest rates on contracts are primarily determined either weekly, monthly or quarterly by reference to the indicated
 base lending rate and spread and the reset period. Base lending rates may be subject to a floor or minimum rate. The interest rate for senior loans purchased on
 a when-issued or delayed delivery basis will be determined upon settlement, therefore no interest rate is disclosed. Senior loans often require prepayments from
 excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay cannot be predicted with accuracy. As a result, remaining maturities
 of senior loans may be less than the stated maturities. Generally, the Fund is contractually obligated to receive approval from the agent bank and/or borrower
 prior to the disposition of a senior loan.

&nbsp;&nbsp;&nbsp;&nbsp;(u) The borrower filed for protection under Chapter 11 of the U.S. Federal Bankruptcy
 Code.

&nbsp;&nbsp;&nbsp;&nbsp;(v) Represents a security purchased on a forward commitment basis.

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Intermediate Bond Fund, March 31, 2026 (Unaudited)

**Notes to Portfolio of Investments (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;(w) At March 31, 2026, the Fund had unfunded senior loan commitments pursuant to the terms
 of the loan agreement. The Fund receives a stated coupon rate until the borrower draws on the loan commitment, at which time the rate will become the stated
 rate in the loan agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Borrower** | **Unfunded Commitment ($)** |
| &nbsp;&nbsp; Beacon Mobility Corp. <br>Delayed Draw Term Loan <br>08/06/2030 1.375%<br>| 13230 |
| &nbsp;&nbsp; Chicago US Midco III LP <br>Delayed Draw Term Loan <br>11/01/2032 1.250%<br>| 54809 |
| &nbsp;&nbsp; June Purchaser LLC <br>Delayed Draw Term Loan <br>11/28/2031 2.750%<br>| 19286 |
| &nbsp;&nbsp; MRP Buyer LLC <br>Delayed Draw Term Loan <br>06/04/2032 5.476%<br>| 11648 |
| &nbsp;&nbsp; Pinnacle Buyer LLC <br>Tranche B Delayed Draw Term Loan <br>10/01/2032 2.500%<br>| 68548 |
| &nbsp;&nbsp; Raven Acquisition Holdings LLC <br>Delayed Draw Term Loan <br>11/19/2031 3.000%<br>| 19241 |
| &nbsp;&nbsp; Salas O'Brien, Inc. <br>Delayed Draw Term Loan <br>01/22/2033 <br>| 7596 |
| &nbsp;&nbsp; Savor Acquisition, Inc. <br>Delayed Draw Term Loan <br>02/19/2032 3.000%<br>| 34562 |
| &nbsp;&nbsp; Student Transportation of America Holdings, Inc. <br>Delayed Draw Term Loan <br>06/24/2032 <br>| 21155 |
| &nbsp;&nbsp; US Fertility Enterprises LLC <br>Delayed Draw Term Loan <br>12/30/2032 1.750%<br>| 24914 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(x) The rate shown is the seven-day current annualized yield at March 31, 2026.

**Abbreviation Legend** 

---

| | |
|:---|:---|
| CMO | Collateralized Mortgage Obligation |
| CVR | Contingent Value Rights |
| SOFR | Secured Overnight Financing Rate |
| STRIPS | Separate Trading of Registered Interest and Principal Securities |
| TBA | To Be Announced |

---

**Currency Legend** 

EUR Euro <br> USD US Dollar

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Columbia Variable Portfolio – Intermediate Bond Fund \| 2026

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT7012_(05/26)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Intermediate Bond Fund

- **b. EDGAR series identifier (if any):** S000019856

- **c. LEI of Series:** 6BZZOFA4UMX0Q7I1ZK30

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3075910219.05

**Total Liabilities:** $315335085.08

**Net Assets:** $2760575133.97

**Delayed Delivery Securities:** $288509469.19

**Stand-by Commitments:** $1742991.38

**Cash Not Reported:** $895051.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 123100.13000000 | **1-Year:** 21830.55000000 | **5-Year:** 83513.81000000 | **10-Year:** 151303.06000000 | **30-Year:** 612091.10000000

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

- **3-Month:** -20386.83000000 | **1-Year:** 35370.14000000 | **5-Year:** 123151.90000000 | **10-Year:** 62861.65000000 | **30-Year:** 84459.08000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055693 | 0.00%                | 1.97%                | -2.05%               |
| Class ID C000088783 | 0.12%                | 1.87%                | -2.06%               |
| Class ID C000088784 | 0.12%                | 1.97%                | -2.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1899437.46              | $-4429633.40                               |
| Month 2  | $-2499.96                | $27377995.57                               |
| Month 3  | $-526023.95              | $-55404620.12                              |

**Designated Index Information**

- **Index Name:** BBG U.S. Aggregate Index

- **Index Identifier:** LEH_AGG

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAL Delaware Holdco Inc                                   | AAL Delaware Holdco Inc 2025 Term Loan                                           | CUSIP: 00036YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     219486 | PA      | $219005.79    | 0.01%             | 2031-07-30      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                        | A&D Mortgage Trust 2024-NQM1                                                     | CUSIP: 00039GAA7<br>LEI: 984500E3BD374F778L95 | Long             | ABS-MBS          | CORP              | US        |    3689715 | PA      | $3706327.99   | 0.13%             | 2069-02-25      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                        | A&D Mortgage Trust 2026-NQM1                                                     | CUSIP: 00040DAC7<br>LEI: 984500FEB1BEC4C6Y473 | Long             | ABS-MBS          | CORP              | US        |    9876060 | PA      | $9804498.06   | 0.36%             | 2071-02-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                                            | ACHV ABS TRUST 2024-1PL                                                          | CUSIP: 00092BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     715902 | PA      | $721989.84    | 0.03%             | 2031-04-25      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                             | AEP Texas Inc                                                                    | CUSIP: 00108WAK6<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    2930000 | PA      | $1959405.74   | 0.07%             | 2050-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO LLC                                        | APLD ComputeCo LLC                                                               | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1205000 | PA      | $1241631.27   | 0.04%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                  | AT&T Inc                                                                         | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    2397000 | PA      | $1614953.51   | 0.06%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                        | A&D Mortgage Trust 2025-NQM3                                                     | CUSIP: 00250FAC7<br>LEI: 984500D4480E0AE81M71 | Long             | ABS-MBS          | CORP              | US        |   11493671 | PA      | $11506019.01  | 0.42%             | 2070-08-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                  | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     951779 | PA      | $944366.25    | 0.03%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                       | Abbott Laboratories                                                              | CUSIP: 002824BU3<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    3510000 | PA      | $3429278.50   | 0.12%             | 2036-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                | AbbVie Inc                                                                       | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   11168000 | PA      | $10751027.24  | 0.39%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                | AbbVie Inc                                                                       | CUSIP: 00287YDS5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   40446000 | PA      | $41098039.48  | 1.49%             | 2029-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                        | A&D Mortgage Trust 2025-NQM4                                                     | CUSIP: 002941AA0<br>LEI: 9845006Y6D399D9E8O78 | Long             | ABS-MBS          | CORP              | US        |   11529784 | PA      | $11515097.65  | 0.42%             | 2070-10-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                                  | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     819000 | PA      | $798011.48    | 0.03%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                                  | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     730000 | PA      | $748655.99    | 0.03%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                            | ACM Auto Trust 2024-2                                                            | CUSIP: 00461WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      45402 | PA      | $45435.35     | 0.00%             | 2029-02-20      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                    | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     656000 | PA      | $616093.46    | 0.02%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                    | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     139000 | PA      | $137522.97    | 0.00%             | 2029-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                    | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1375000 | PA      | $1321798.82   | 0.05%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                        | Advance Auto Parts Inc                                                           | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     302000 | PA      | $305795.32    | 0.01%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                        | Advance Auto Parts Inc                                                           | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     831000 | PA      | $839768.13    | 0.03%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                        | Osaic Holdings Inc                                                               | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     736000 | PA      | $735128.63    | 0.03%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                        | Osaic Holdings Inc                                                               | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     770000 | PA      | $760294.45    | 0.03%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Ahead DB Holdings LLC                                     | Ahead DB Holdings LLC 2024 Term Loan B4                                          | CUSIP: 00866HAH8<br>LEI: 254900L07WFL833JX193 | Long             | LON              | CORP              | US        |     395882 | PA      | $389635.46    | 0.01%             | 2031-02-03      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC                                        | Albertsons Cos Inc                                                               | CUSIP: 01309QAE8<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     461000 | PA      | $453619.93    | 0.02%             | 2032-03-31      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                                   | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     151000 | PA      | $157924.16    | 0.01%             | 2031-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ALERA GROUP INC                                           | Alera Group Inc 2026 Term Loan B                                                 | CUSIP: 01451PAE6<br>LEI: 2549003D76KZAKICNX26 | Long             | LON              | CORP              | US        |     397900 | PA      | $385373.92    | 0.01%             | 2032-05-30      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                   | ATI Inc                                                                          | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $1042155.00   | 0.04%             | 2031-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS                                     | Bread Financial Holdings Inc                                                     | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |     110000 | PA      | $109153.05    | 0.00%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     274000 | PA      | $273932.04    | 0.01%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     329000 | PA      | $319380.31    | 0.01%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     538000 | PA      | $540825.50    | 0.02%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     739000 | PA      | $745295.27    | 0.03%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     120000 | PA      | $118441.16    | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                  | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     961000 | PA      | $943324.41    | 0.03%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F030447<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   66000000 | PA      | $63027779.10  | 2.28%             | 2041-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F032443<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8000000 | PA      | $7700413.84   | 0.28%             | 2041-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F040644<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   23000000 | PA      | $21701043.72  | 0.79%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F042640<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   45000000 | PA      | $43425255.15  | 1.57%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F050643<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   42500000 | PA      | $41910382.20  | 1.52%             | 2056-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F052649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   11250000 | PA      | $11301816.49  | 0.41%             | 2056-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                 | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F060642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   43000000 | PA      | $43831104.00  | 1.59%             | 2056-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                        | Ally Financial Inc                                                               | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     173000 | PA      | $166843.19    | 0.01%             | 2040-01-17      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                      | Alpha Generation LLC                                                             | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |     133000 | PA      | $135064.18    | 0.00%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                      | Alpha Generation LLC                                                             | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |     252000 | PA      | $248116.83    | 0.01%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALPHAFLOW TRANSITIONAL MORTGAGE TRUST AFLOW_21-WL1        | ALPHAFLOW TRANSITIONAL MORTGAGE TRUST AFLOW_21-WL1                               | CUSIP: 02079YAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     698432 | PA      | $534523.83    | 0.02%             | 2026-10-25      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                          | Altice France SA                                                                 | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     453506 | PA      | $428802.14    | 0.02%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                          | Altice France SA                                                                 | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     397866 | PA      | $377072.76    | 0.01%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRAN LUX 3/HOLD 1                                  | Altice France Lux 3 / Altice Holdings 1                                          | CUSIP: 020956AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     112200 | PA      | $101821.27    | 0.00%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                            | Amazon.com Inc                                                                   | CUSIP: 023135DF0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    4460000 | PA      | $4418446.87   | 0.16%             | 2036-03-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                            | Amazon.com Inc                                                                   | CUSIP: 023135DG8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    3075000 | PA      | $3064922.98   | 0.11%             | 2046-03-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                                      | Amentum Holdings Inc                                                             | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |     807000 | PA      | $835581.69    | 0.03%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                   | American Airlines Inc 2025 Term Loan B                                           | CUSIP: 02376CBT1<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |     358018 | PA      | $354258.75    | 0.01%             | 2032-05-28      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                                   | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     259000 | PA      | $256277.23    | 0.01%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                                   | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    2502000 | PA      | $2436099.97   | 0.09%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                    | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     633000 | PA      | $670805.05    | 0.02%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS LLC                                | Amneal Pharmaceuticals LLC 2026 Term Loan                                        | CUSIP: 03167DAS3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |     133523 | PA      | $133856.41    | 0.00%             | 2032-08-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                                         | Amsted Industries Inc                                                            | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |      41000 | PA      | $41246.41     | 0.00%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Amspec Parent LLC                                         | Amspec Parent LLC 2025 Term Loan                                                 | CUSIP: 03218AAE9<br>LEI: 254900LUGRP5Z7OOV477 | Long             | LON              | CORP              | US        |     148905 | PA      | $148284.07    | 0.01%             | 2031-12-22      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                          | AmWINS Group Inc 2026 Term Loan B                                                | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |     298489 | PA      | $296196.27    | 0.01%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST AOMT_20-R1                       | ANGEL OAK MORTGAGE TRUST AOMT_20-R1                                              | CUSIP: 034651AD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3918000 | PA      | $3647609.03   | 0.13%             | 2053-04-25      | Floating      | 2.78%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                  | Angel Oak Mortgage Trust 2025-8                                                  | CUSIP: 03466UAA2<br>LEI: 254900WZRTR935QJJ709 | Long             | ABS-MBS          | CORP              | US        |    7297304 | PA      | $7311169.44   | 0.26%             | 2070-07-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                  | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     280000 | PA      | $286585.52    | 0.01%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| APA CORP                                                  | APA Corp                                                                         | CUSIP: 03743QAT5<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    2461000 | PA      | $2472596.76   | 0.09%             | 2055-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Prime Security Services Borrower, LLC                     | Prime Security Services Borrower LLC 2024 1st Lien Term Loan B                   | CUSIP: 03765VAP5<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |     424721 | PA      | $422444.01    | 0.02%             | 2030-10-13      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO 2 LLC                                      | APLD ComputeCo 2 LLC                                                             | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1030000 | PA      | $1024158.62   | 0.04%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                    | Egypt Government International Bond                                              | CUSIP: 038461AM1<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    2105000 | PA      | $1813026.80   | 0.07%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                          | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     408000 | PA      | $393322.39    | 0.01%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                          | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    1276000 | PA      | $1222833.94   | 0.04%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc                                          | Arches Buyer Inc 2021 Term Loan B                                                | CUSIP: 03952HAD6<br>LEI: 2549009ADY4208OH2Y47 | Long             | LON              | CORP              | US        |     341881 | PA      | $340226.75    | 0.01%             | 2027-12-06      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| ARCHROCK SERVICES/PARTNE                                  | Archrock Services LP / Archrock Partners Finance Corp                            | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     518000 | PA      | $513098.72    | 0.02%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                  | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     131000 | PA      | $133582.12    | 0.00%             | 2032-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                    | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1140000 | PA      | $1043757.00   | 0.04%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                    | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     231000 | PA      | $228901.15    | 0.01%             | 2031-01-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                                        | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |     875000 | PA      | $883948.32    | 0.03%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE                                    | Ardonagh Group Finance Ltd                                                       | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    2675000 | PA      | $2596914.26   | 0.09%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                          | Aretec Group Inc 2025 Repriced Term Loan                                         | CUSIP: 04009DAJ3<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |     343908 | PA      | $339251.25    | 0.01%             | 2030-08-09      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                          | Aretec Group Inc                                                                 | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     456000 | PA      | $451558.01    | 0.02%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                          | Aretec Group Inc                                                                 | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     532000 | PA      | $565134.44    | 0.02%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust                                     | Arroyo Mortgage Trust 2019-2                                                     | CUSIP: 042858AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     917801 | PA      | $903077.33    | 0.03%             | 2049-04-25      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| ASHLAND INC                                               | Ashland Inc                                                                      | CUSIP: 04433LAA0<br>LEI: 529900E4L9R04SB8HB11 | Long             | DBT              | CORP              | US        |     870000 | PA      | $780126.03    | 0.03%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ASP WHCO PARTICIPATION LP ASPWP-29-1A                     | ASP WHCO PARTICIPATION LP ASPWP-29-1A                                            | CUSIP: 04524YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16300000 | PA      | $16300000.00  | 0.59%             | 2029-03-29      | Floating      | 6.71%                 | No            |                  3 | On Loan: No      |
| ASURION LLC/ASURION CO                                    | Asurion LLC/ Asurion Co-Issuer Inc                                               | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |     258000 | PA      | $251298.58    | 0.01%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                       | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     756000 | PA      | $709299.76    | 0.03%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                               | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     208000 | PA      | $211041.78    | 0.01%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                               | Avient Corp                                                                      | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     209000 | PA      | $210411.99    | 0.01%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                   | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     537000 | PA      | $523570.66    | 0.02%             | 2031-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                   | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     662000 | PA      | $659346.38    | 0.02%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS D                                  | Axalta Coating Systems Dutch Holding B BV                                        | CUSIP: 05455JAA5<br>LEI: 5493007DMEBZH3CQ5E51 | Long             | DBT              | CORP              | NL        |     303000 | PA      | $317212.58    | 0.01%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                           | BAE Systems PLC                                                                  | CUSIP: 05523RAF4<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |     500000 | PA      | $440388.73    | 0.02%             | 2031-02-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                           | BAE Systems PLC                                                                  | CUSIP: 05523RAJ6<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    3832000 | PA      | $3910874.49   | 0.14%             | 2029-03-26      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BCPE EMPIRE HOLDINGS INC                                  | BCPE EMPIRE HOLDINGS INC 2026 10TH AMENDMENT TERM LOAN                           | CUSIP: 05550HAT2<br>LEI: 549300O2G0VI2955B626 | Long             | LON              | CORP              | US        |     229451 | PA      | $225580.00    | 0.01%             | 2032-12-29      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                       | LBM Acquisition LLC                                                              | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     228000 | PA      | $166963.44    | 0.01%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BACARDI-MARTINI BV                                        | Bacardi-Martini BV                                                               | CUSIP: 05634WAB8<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | NL        |    5217000 | PA      | $5284081.28   | 0.19%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD / MARTINI BV                                  | Bacardi Ltd / Bacardi-Martini BV                                                 | CUSIP: 05635JAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   10512000 | PA      | $10422030.61  | 0.38%             | 2033-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited                          | Bain Capital Credit CLO 2018-2                                                   | CUSIP: 05682VAL9<br>LEI: 254900SOM2S14IE3BZ76 | Long             | ABS-CBDO         | CORP              | KY        |     924733 | PA      | $924439.47    | 0.03%             | 2031-07-19      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited                          | Bain Capital Credit CLO 2026-2 Ltd                                               | CUSIP: 05686FAA4<br>LEI: 254900YAV3MDRLFEV308 | Long             | ABS-CBDO         | CORP              | KY        |    7850000 | PA      | $7850000.00   | 0.28%             | 2039-04-26      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                        | Bahrain Government International Bond                                            | CUSIP: 056909AB0<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    5600000 | PA      | $5253724.91   | 0.19%             | 2038-02-03      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Boxer Parent Company Inc                                  | Boxer Parent Company Inc 2025 USD Term Loan B                                    | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |     338808 | PA      | $313292.61    | 0.01%             | 2031-07-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                      | Bank of America Corp                                                             | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |       6000 | PA      | $5293.97      | 0.00%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                      | Bank of America Corp                                                             | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   24168000 | PA      | $21514707.86  | 0.78%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                      | Bank of America Corp                                                             | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $9051251.08   | 0.33%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                               | Bacardi Ltd                                                                      | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    1513000 | PA      | $1510430.23   | 0.05%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                               | Bacardi Ltd                                                                      | CUSIP: 067316AH2<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    7277000 | PA      | $6314853.83   | 0.23%             | 2048-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Basswood Park CLO Ltd                                     | Basswood Park CLO Ltd                                                            | CUSIP: 070252AJ0<br>LEI: 5493005HSAGIQZIVAS94 | Long             | ABS-CBDO         | CORP              | KY        |   14400000 | PA      | $14374785.60  | 0.52%             | 2034-04-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                        | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |     331000 | PA      | $342518.70    | 0.01%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                     | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     295000 | PA      | $270752.64    | 0.01%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                                   | Beach Acquisition Bidco LLC                                                      | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |     926508 | PA      | $984892.98    | 0.04%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VAN POOL TRANSPORTATION LLC                               | Van Pool Transportation LLC 2026 Term Loan                                       | CUSIP: 07363PAE0<br>LEI: 254900EBTYFG24UQEM31 | Long             | LON              | CORP              | US        |     268331 | PA      | $268247.45    | 0.01%             | 2030-08-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                                     | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |     317000 | PA      | $318627.28    | 0.01%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BELRON FINANCE 2019 LLC                                   | Belron Finance 2019 LLC 2026 Repriced Term Loan B                                | CUSIP: 08078UAQ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     140155 | PA      | $140014.71    | 0.01%             | 2031-10-16      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| BLACK PEARL COMPUTE LLC                                   | Black Pearl Compute LLC                                                          | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     535000 | PA      | $544794.70    | 0.02%             | 2031-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                 | Boeing Co/The                                                                    | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    8300000 | PA      | $5707820.84   | 0.21%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                            | Bombardier Inc                                                                   | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     208000 | PA      | $217993.04    | 0.01%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                            | Bombardier Inc                                                                   | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     209000 | PA      | $216734.13    | 0.01%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                                          | Boyd Gaming Corp                                                                 | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |     326000 | PA      | $323182.91    | 0.01%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BOYNE USA INC                                             | Boyne USA Inc                                                                    | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     113000 | PA      | $109727.23    | 0.00%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                    | BP Capital Markets America Inc                                                   | CUSIP: 10373QBY5<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   10150000 | PA      | $10288791.35  | 0.37%             | 2027-11-17      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                    | Brazilian Government International Bond                                          | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    4719000 | PA      | $4622095.87   | 0.17%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                              | Broadcom Inc                                                                     | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    6287000 | PA      | $5254558.40   | 0.19%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS GRP                                  | Broadstreet Partners Group LLC                                                   | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    1389000 | PA      | $1353484.00   | 0.05%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Brown Group Holding LLC                                   | Brown Group Holding LLC 2022 Incremental Term Loan B2                            | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |     394509 | PA      | $394856.23    | 0.01%             | 2031-07-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| BULLDOG PURCHASER INC                                     | Bulldog Purchaser Inc 2026 Term Loan                                             | CUSIP: 12021GAH7<br>LEI: 254900JB2GC3Q5OISZ63 | Long             | LON              | CORP              | US        |     350413 | PA      | $349536.89    | 0.01%             | 2033-02-04      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Bunker Hill Loan Depositary Trust                         | Bunker Hill Loan Depositary Trust 2019-3                                         | CUSIP: 12062BAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     226123 | PA      | $224967.89    | 0.01%             | 2059-11-25      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                  | BX Commercial Mortgage Trust 2024-SLCT                                           | CUSIP: 12433JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5600000 | PA      | $5565003.36   | 0.20%             | 2042-01-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     351000 | PA      | $351063.84    | 0.01%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     687000 | PA      | $680674.27    | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1262000 | PA      | $1196982.77   | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     823000 | PA      | $768107.93    | 0.03%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     481000 | PA      | $437598.98    | 0.02%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     652000 | PA      | $582990.05    | 0.02%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     991000 | PA      | $847836.50    | 0.03%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1269000 | PA      | $1150362.54   | 0.04%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     120000 | PA      | $122144.87    | 0.00%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     546000 | PA      | $548358.50    | 0.02%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                    | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     227000 | PA      | $225862.69    | 0.01%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY / RADIO SYS                                   | CD&R Smokey Buyer Inc / Radio Systems Corp                                       | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     222000 | PA      | $188266.79    | 0.01%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CHG Healthcare Services Inc                               | CHG Healthcare Services Inc 2025 Term Loan B1                                    | CUSIP: 12541HAX1<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |     248125 | PA      | $248201.92    | 0.01%             | 2028-09-29      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     415000 | PA      | $398650.11    | 0.01%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     355000 | PA      | $327355.39    | 0.01%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     681000 | PA      | $641671.18    | 0.02%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                  | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     247000 | PA      | $265364.65    | 0.01%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CHG PPC Parent LLC                                        | CHG PPC Parent LLC 2021 Term Loan                                                | CUSIP: 12546FAF9<br>LEI: 54930019XJQNJAGXQ664 | Long             | LON              | CORP              | US        |     320988 | PA      | $320789.13    | 0.01%             | 2028-12-08      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust 2022-2                               | CHNGE Mortgage Trust 2022-2                                                      | CUSIP: 12546YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9840351 | PA      | $9749842.15   | 0.35%             | 2067-03-25      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                          | CIFC Funding 2023-I Ltd                                                          | CUSIP: 12575RAJ9<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |    8800000 | PA      | $8795318.40   | 0.32%             | 2038-10-15      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                                        | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |     248000 | PA      | $233519.33    | 0.01%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                          | COLT 2021-5 Mortgage Loan Trust                                                  | CUSIP: 12598RAC7<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    8381000 | PA      | $6528128.52   | 0.24%             | 2066-11-26      | Variable      | 2.81%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     200000 | PA      | $173563.35    | 0.01%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     789000 | PA      | $584071.17    | 0.02%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     341000 | PA      | $217656.97    | 0.01%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     453000 | PA      | $170197.36    | 0.01%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     830000 | PA      | $497673.38    | 0.02%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     557000 | PA      | $197637.98    | 0.01%             | 2030-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                          | CSC Holdings LLC                                                                 | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     244000 | PA      | $85567.44     | 0.00%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                              | CSMC 2014-USA OA LLC                                                             | CUSIP: 12649AAC3<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   15735000 | PA      | $14407623.72  | 0.52%             | 2037-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                              | CSMC 2014-USA OA LLC                                                             | CUSIP: 12649AAQ2<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    4815000 | PA      | $3803092.12   | 0.14%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                              | CSMC_14-USA                                                                      | CUSIP: 12649AAS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7250000 | PA      | $5007513.38   | 0.18%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                        | CNX Resources Corp                                                               | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     315000 | PA      | $323684.72    | 0.01%             | 2032-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                        | CNX Resources Corp                                                               | CUSIP: 12653CAM0<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     262000 | PA      | $255024.10    | 0.01%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                                     | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     794000 | PA      | $756646.76    | 0.03%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP                                             | CQP Holdco LP 2026 Term Loan B                                                   | CUSIP: 12657QAF0<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |     345640 | PA      | $343697.80    | 0.01%             | 2032-12-31      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                              | CSMC 2022-NQM5 Trust                                                             | CUSIP: 12663DAF1<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    6477700 | PA      | $6452686.36   | 0.23%             | 2067-05-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                           | CVS Health Corp                                                                  | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    3230000 | PA      | $2975300.32   | 0.11%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                    | CACI International Inc                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     789000 | PA      | $802511.65    | 0.03%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                     | Caesars Entertainment Inc                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     452000 | PA      | $457895.80    | 0.02%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                     | Caesars Entertainment Inc                                                        | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     517000 | PA      | $511318.93    | 0.02%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                     | Caesars Entertainment Inc                                                        | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     473000 | PA      | $435377.35    | 0.02%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                                  | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                  | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     430000 | PA      | $420316.12    | 0.02%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                  | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBF0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    6474000 | PA      | $5751259.27   | 0.21%             | 2031-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RR CO                                    | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBP8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    1123000 | PA      | $1110209.00   | 0.04%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                             | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     187000 | PA      | $188746.00    | 0.01%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                             | Carnival Corp                                                                    | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     193000 | PA      | $194471.91    | 0.01%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                             | Carnival Corp                                                                    | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     869000 | PA      | $869165.54    | 0.03%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                                      | Carpenter Technology Corp                                                        | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     337000 | PA      | $333956.06    | 0.01%             | 2034-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Carroll County Energy LLC                                 | Carroll County Energy LLC 2024 Term Loan B                                       | CUSIP: 14474FAY0<br>LEI: 549300P5WM1CIGEGUG23 | Long             | LON              | CORP              | US        |     329263 | PA      | $330497.48    | 0.01%             | 2031-06-30      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                           | Caterpillar Inc                                                                  | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    3060000 | PA      | $3132993.00   | 0.11%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                                      | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AK2<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |     228000 | PA      | $226918.93    | 0.01%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                         | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      63000 | PA      | $65788.50     | 0.00%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                         | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     284000 | PA      | $303290.13    | 0.01%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      50000 | PA      | $50965.37     | 0.00%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     310000 | PA      | $317967.47    | 0.01%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                         | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     228000 | PA      | $233950.05    | 0.01%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                  | Celanese US Holdings LLC                                                         | CUSIP: 15089QBD5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     296000 | PA      | $303646.44    | 0.01%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC                                      | Cengage Learning Inc 2026 Term Loan B                                            | CUSIP: 15131YAR6<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |     246262 | PA      | $240746.20    | 0.01%             | 2031-03-24      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                              | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   12339000 | PA      | $10811292.31  | 0.39%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                                  | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     243000 | PA      | $174222.74    | 0.01%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNT PRNT/CDK GLO II/FIN                                   | Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc                    | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     216000 | PA      | $160663.93    | 0.01%             | 2029-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                      | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     234000 | PA      | $243114.69    | 0.01%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                  | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4780000 | PA      | $3076295.52   | 0.11%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                  | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2345000 | PA      | $1380403.95   | 0.05%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Charter NEX US Inc                                        | Charter NEX US Inc 2025 Repriced Term Loan B                                     | CUSIP: 16125TAP7<br>LEI: 549300KRNU8RNVGYXG75 | Long             | LON              | CORP              | US        |     293041 | PA      | $290966.47    | 0.01%             | 2030-11-29      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CHOBANI HOLDCO II LLC                                     | Chobani Holdco II LLC                                                            | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     800304 | PA      | $849099.45    | 0.03%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust                                      | CHNGE Mortgage Trust 2023-3                                                      | CUSIP: 17030AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5184103 | PA      | $5184061.45   | 0.19%             | 2058-07-25      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                 | CIM Trust 2025-NR1                                                               | CUSIP: 17181YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4967350 | PA      | $4859445.39   | 0.18%             | 2064-06-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                          | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     174000 | PA      | $172792.71    | 0.01%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cinemark USA Inc                                          | Cinemark USA Inc 2025 Term Loan B                                                | CUSIP: 172442AV7<br>LEI: 54930008H2137JSCPQ09 | Long             | LON              | CORP              | US        |     391804 | PA      | $392571.58    | 0.01%             | 2030-05-24      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| CIPHER COMPUTE LLC                                        | Cipher Compute LLC                                                               | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     563000 | PA      | $583467.61    | 0.02%             | 2030-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | Citigroup Inc                                                                    | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    4517000 | PA      | $4463001.41   | 0.16%             | 2031-09-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | Citigroup Inc                                                                    | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    9398000 | PA      | $9307064.86   | 0.34%             | 2036-09-11      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| CMLTI_14-C                                                | CMLTI_14-C                                                                       | CUSIP: 17323GAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      24131 | PA      | $24053.79     | 0.00%             | 2054-02-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST IN                          | CITIGROUP MORTGAGE LOAN TRUST IN                                                 | CUSIP: 17323TAH3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1291683 | PA      | $1262887.94   | 0.05%             | 2053-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                              | SM Energy Co                                                                     | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     912000 | PA      | $954013.55    | 0.03%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                              | SM Energy Co                                                                     | CUSIP: 17888HAC7<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      90000 | PA      | $94798.97     | 0.00%             | 2030-11-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                              | SM Energy Co                                                                     | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     960000 | PA      | $1062367.74   | 0.04%             | 2033-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                  | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     392000 | PA      | $399311.28    | 0.01%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                  | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     449000 | PA      | $452792.26    | 0.02%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                       | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1706000 | PA      | $1468739.02   | 0.05%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                  | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     568000 | PA      | $570965.32    | 0.02%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                  | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     782000 | PA      | $785151.69    | 0.03%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                  | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     620000 | PA      | $649638.74    | 0.02%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                  | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAG1<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     404000 | PA      | $423435.19    | 0.02%             | 2031-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                  | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     411000 | PA      | $435359.52    | 0.02%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                    | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     447000 | PA      | $441646.59    | 0.02%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                    | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     649000 | PA      | $602038.51    | 0.02%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                    | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     397000 | PA      | $362580.36    | 0.01%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                    | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     220000 | PA      | $216706.70    | 0.01%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                      | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      85000 | PA      | $82253.33     | 0.00%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                      | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      71000 | PA      | $71000.19     | 0.00%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                      | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      90000 | PA      | $88076.79     | 0.00%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                    | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    1625000 | PA      | $1567755.70   | 0.06%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                    | Cloud Software Group Inc                                                         | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     557000 | PA      | $529348.82    | 0.02%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                    | Cloud Software Group Inc                                                         | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     153000 | PA      | $136199.18    | 0.00%             | 2033-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                    | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     738000 | PA      | $690344.53    | 0.03%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                    | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     316000 | PA      | $298923.25    | 0.01%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                       | Clydesdale Acquisition Holdings Inc 2025 Term Loan B                             | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |      98969 | PA      | $92189.94     | 0.00%             | 2032-04-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                  | Permian Resources Operating LLC                                                  | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     548000 | PA      | $548732.84    | 0.02%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                   | Colombia Government International Bonds                                          | CUSIP: 195325BK0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    3575000 | PA      | $3557308.35   | 0.13%             | 2037-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                   | Colombia Government International Bonds                                          | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    4160000 | PA      | $3468427.90   | 0.13%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds                   | Colombia Government International Bonds                                          | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    6926000 | PA      | $7078429.97   | 0.26%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                      | Colombia Government International Bond                                           | CUSIP: 195325EV3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    4935000 | PA      | $4820927.33   | 0.17%             | 2033-01-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                          | COLT 2021-3 Mortgage Loan Trust                                                  | CUSIP: 19688FAA3<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    7521600 | PA      | $6258378.25   | 0.23%             | 2066-09-27      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_21-3                        | COLT MORTGAGE LOAN TRUST COLT_21-3                                               | CUSIP: 19688FAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3113717 | PA      | $2617198.44   | 0.09%             | 2066-09-27      | Floating      | 1.16%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                          | Colt 2024-7 Mortgage Loan Trust                                                  | CUSIP: 19688YAA2<br>LEI: 213800EA95GXXC9AJO50 | Long             | ABS-MBS          | CORP              | US        |    5344870 | PA      | $5360054.34   | 0.19%             | 2069-12-26      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND                             | COLUMBIA SHORT TERM CASH FUND                                                    | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  121431674 | NS      | $121383101.26 | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBUS MCKINNON CORP                                    | Columbus McKinnon Corp/NY                                                        | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |     130000 | PA      | $129732.45    | 0.00%             | 2033-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                  | Comision Federal de Electricidad                                                 | CUSIP: 200447AQ3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     251000 | PA      | $243111.12    | 0.01%             | 2034-01-28      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                                  | Compass Minerals International Inc                                               | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     439000 | PA      | $454540.22    | 0.02%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Compass Power Generation LLC                              | Compass Power Generation LLC 2025 Term Loan B                                    | CUSIP: 20451VAG8<br>LEI: 5493001FXZ2XUTES8E29 | Long             | LON              | CORP              | US        |      53506 | PA      | $53753.93     | 0.00%             | 2029-04-14      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                    | Comstock Resources Inc                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     343000 | PA      | $331098.76    | 0.01%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICE                                  | Concentra Health Services Inc                                                    | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    1092000 | PA      | $1129839.33   | 0.04%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                  | Constellation Brands Inc                                                         | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    2223000 | PA      | $2126761.59   | 0.08%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                            | Constellium SE                                                                   | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     623000 | PA      | $620932.37    | 0.02%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                            | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     228000 | PA      | $217802.79    | 0.01%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                            | Constellium SE                                                                   | CUSIP: 21039CAD6<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     544000 | PA      | $549760.71    | 0.02%             | 2032-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Construction Partners Inc                                 | Construction Partners Inc Term Loan B                                            | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |     396985 | PA      | $396365.61    | 0.01%             | 2031-11-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                             | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     321000 | PA      | $312198.94    | 0.01%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                             | CoreWeave Inc                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     408000 | PA      | $388039.73    | 0.01%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                               | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BBQ0<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    4247000 | PA      | $4159272.87   | 0.15%             | 2037-01-30      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae                                                                       | CUSIP: 21H042646<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   14000000 | PA      | $13522616.24  | 0.49%             | 2056-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae                                                                       | CUSIP: 21H050649<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   22000000 | PA      | $21786651.48  | 0.79%             | 2056-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp                                      | Reworld Holding Corp Term Loan B                                                 | CUSIP: 22282GAM9<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |     330929 | PA      | $330376.17    | 0.01%             | 2028-11-30      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Creative Artists Agency LLC                               | Creative Artists Agency LLC 2025 Repriced Term Loan B                            | CUSIP: 22526WAU2<br>LEI: 5493008FV5TCFL3KHH96 | Long             | LON              | CORP              | US        |     343910 | PA      | $343318.37    | 0.01%             | 2031-10-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                      | Cross 2024-H7 Mortgage Trust                                                     | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7947478 | PA      | $7973239.93   | 0.29%             | 2069-11-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTER                                        | CrossCountry Intermediate HoldCo LLC                                             | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     257000 | PA      | $244971.44    | 0.01%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                      | Cross 2025-H5 Mortgage Trust                                                     | CUSIP: 227920AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4532348 | PA      | $4545957.36   | 0.16%             | 2070-07-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                             | DTE Energy Co                                                                    | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    5345000 | PA      | $5381490.10   | 0.19%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                | DaVita Inc                                                                       | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     460000 | PA      | $468864.79    | 0.02%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Deephaven Residential Mortgage Trust                      | Deephaven Residential Mortgage Trust 2021-4                                      | CUSIP: 24381JAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4617571 | PA      | $4100206.72   | 0.15%             | 2066-11-25      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                                    | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1387000 | PA      | $1435553.35   | 0.05%             | 2029-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                                    | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     915000 | PA      | $922003.54    | 0.03%             | 2033-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                         | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    1488000 | PA      | $1532966.98   | 0.06%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                             | DISH DBS Corp                                                                    | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      71000 | PA      | $68862.31     | 0.00%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                             | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     342000 | PA      | $305633.40    | 0.01%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                             | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     406000 | PA      | $393165.32    | 0.01%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                     | Directv Financing LLC                                                            | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      24000 | PA      | $23950.98     | 0.00%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                       | Dominion Energy Inc                                                              | CUSIP: 25746UDX4<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    3486000 | PA      | $3517166.54   | 0.13%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ECL Entertainment LLC                                     | ECL Entertainment LLC 2025 Term Loan B                                           | CUSIP: 26826TAM5<br>LEI: 254900UPSGHOBB360Z85 | Long             | LON              | CORP              | US        |     142777 | PA      | $141706.07    | 0.01%             | 2030-08-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                                  | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 26873CAB8<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |     238000 | PA      | $245102.21    | 0.01%             | 2031-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                                      | ERAC USA Finance LLC                                                             | CUSIP: 26884TAV4<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    9524000 | PA      | $9567275.10   | 0.35%             | 2028-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| EASY MORTGAGE LOAN TRUST EASY_25-RTL1                     | EASY MORTGAGE LOAN TRUST EASY_25-RTL1                                            | CUSIP: 27786FAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8250000 | PA      | $8319466.65   | 0.30%             | 2040-05-25      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                                | Eaton Corp                                                                       | CUSIP: 278058DY5<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     736000 | PA      | $725648.55    | 0.03%             | 2033-03-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                             | EchoStar Corp                                                                    | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     676433 | PA      | $683837.92    | 0.02%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                             | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    1019893 | PA      | $1101484.83   | 0.04%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                       | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | EC        |    4973000 | PA      | $4870537.62   | 0.18%             | 2034-01-29      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| EDGEX Issuer Trust                                        | EDGEX 2025-1NN Issuer Trust                                                      | CUSIP: 280579103<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $2896374.08   | 0.10%             | 2031-01-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| EDGEX Issuer Trust                                        | EDGEX 2025-1NN Issuer Trust                                                      | CUSIP: 280579AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5561532 | PA      | $5570212.16   | 0.20%             | 2031-01-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| EDGEX Issuer Trust                                        | EDGEX 2025-2NN Issuer Trust                                                      | CUSIP: 28057AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8418254 | PA      | $8411672.12   | 0.30%             | 2032-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                      | Edison International                                                             | CUSIP: 281020AY3<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    4956000 | PA      | $4993016.02   | 0.18%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                     | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |     620000 | PA      | $603429.52    | 0.02%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                                  | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |     854000 | PA      | $869407.90    | 0.03%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                              | Enbridge Inc                                                                     | CUSIP: 29250NCA1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    4744000 | PA      | $4782807.98   | 0.17%             | 2027-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                        | Energy Transfer LP                                                               | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    4640000 | PA      | $4355195.30   | 0.16%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                              | Entegris Inc                                                                     | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    1351000 | PA      | $1362868.51   | 0.05%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                                                 | Esab Corp                                                                        | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |     180000 | PA      | $182340.17    | 0.01%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Constellation Renewables, LLC                             | Constellation Renewables LLC 2020 Term Loan                                      | CUSIP: 30204KAD8<br>LEI: 5493004JBPWTPTK8LB51 | Long             | LON              | CORP              | US        |     400000 | PA      | $399916.00    | 0.01%             | 2027-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                    | Export-Import Bank of India                                                      | CUSIP: 30216JAE5<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |    2000000 | PA      | $1903096.48   | 0.07%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FIGURE LINE OF CR FLOC_20-1                               | FIGURE LINE OF CR FLOC_20-1                                                      | CUSIP: 302452AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     883043 | PA      | $858966.81    | 0.03%             | 2049-09-25      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                        | Meta Platforms Inc                                                               | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    3572000 | PA      | $3312805.93   | 0.12%             | 2065-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                        | Meta Platforms Inc                                                               | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    3199000 | PA      | $2996489.71   | 0.11%             | 2055-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                           | Fair Isaac Corp                                                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     265000 | PA      | $260005.14    | 0.01%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                                 | Forvia SE                                                                        | CUSIP: 31209DAC9<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |     254000 | PA      | $247814.98    | 0.01%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FREDDIEMAC STRIP FHSTR_278                                | FREDDIEMAC STRIP FHSTR_278                                                       | CUSIP: 31325TVM8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1333333 | PA      | $128506.81    | 0.00%             | 2042-09-15      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPO                          | FEDERAL HOME LOAN MORTGAGE CORPO                                                 | CUSIP: 31325USF4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     710178 | PA      | $70875.58     | 0.00%             | 2043-08-15      | Floating      | 2.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Pool                                                                 | CUSIP: 3132DM2M6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   20411222 | PA      | $17511884.49  | 0.63%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Pool                                                                 | CUSIP: 3132DNDC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   21394509 | PA      | $19031518.71  | 0.69%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Pool                                                                 | CUSIP: 3132DNH55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13687131 | PA      | $11794503.74  | 0.43%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Pool                                                                 | CUSIP: 3132DPSC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   19441538 | PA      | $18939941.00  | 0.69%             | 2053-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                    | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3132DSBC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   19802227 | PA      | $20578592.44  | 0.75%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                    | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3132DSBH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   20152282 | PA      | $20549990.65  | 0.74%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Pool                                                                 | CUSIP: 3132E0B27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10871130 | PA      | $10957415.94  | 0.40%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                    | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3132E0L83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   15196146 | PA      | $15202212.86  | 0.55%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD                                          | FREDDIE MAC GOLD                                                                 | CUSIP: 3132QTET9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    2089232 | PA      | $2002696.56   | 0.07%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD                                          | FREDDIE MAC GOLD                                                                 | CUSIP: 3132QTKF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    2140960 | PA      | $2050692.08   | 0.07%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Gold Pool                                                            | CUSIP: 31335AEK0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9515299 | PA      | $8994256.75   | 0.33%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac Pool                                                                 | CUSIP: 3133KPY85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13325454 | PA      | $13302940.87  | 0.48%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_13-101                                    | FANNIE MAE FNMA_13-101                                                           | CUSIP: 3136AGA93<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1337547 | PA      | $133180.23    | 0.00%             | 2043-10-25      | Floating      | 2.12%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_14-93                                     | FANNIE MAE FNMA_14-93                                                            | CUSIP: 3136AMDR7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1812466 | PA      | $214618.33    | 0.01%             | 2045-01-25      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136AS5H5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6527622 | PA      | $767641.80    | 0.03%             | 2046-08-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_16-31                                     | FANNIE MAE FNMA_16-31                                                            | CUSIP: 3136ASJN7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     962818 | PA      | $113446.44    | 0.00%             | 2046-06-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136ATEJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14588592 | PA      | $1577105.54   | 0.06%             | 2046-08-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136AV5R6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6624431 | PA      | $797939.86    | 0.03%             | 2047-04-25      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136AXCZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12250036 | PA      | $1551600.54   | 0.06%             | 2047-07-25      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_17-54          | FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_17-54                                 | CUSIP: 3136AXDG7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6166014 | PA      | $822334.73    | 0.03%             | 2047-07-25      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136AXV44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8107096 | PA      | $7552880.42   | 0.27%             | 2047-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B0RF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6943028 | PA      | $805405.88    | 0.03%             | 2048-01-25      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B26E7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7777506 | PA      | $951496.20    | 0.03%             | 2048-09-25      | Floating      | 2.42%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_18-67                                     | FANNIE MAE FNMA_18-67                                                            | CUSIP: 3136B2S37<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6111079 | PA      | $766323.80    | 0.03%             | 2048-09-25      | Floating      | 2.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B3HT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10339442 | PA      | $1096865.87   | 0.04%             | 2048-10-25      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B45D6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   22390913 | PA      | $2343865.12   | 0.08%             | 2049-07-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B4ZB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   20179761 | PA      | $2156711.97   | 0.08%             | 2049-06-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B64Z3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12933924 | PA      | $1629570.97   | 0.06%             | 2049-11-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136B6VW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17113673 | PA      | $1909105.53   | 0.07%             | 2049-10-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BDR42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   48140990 | PA      | $8200591.42   | 0.30%             | 2051-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BM5F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   26227660 | PA      | $2586682.00   | 0.09%             | 2052-06-25      | Floating      | 2.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BNW44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19985306 | PA      | $19632853.27  | 0.71%             | 2052-09-25      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BQD71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17818596 | PA      | $2065178.83   | 0.07%             | 2050-03-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BQLJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   35063988 | PA      | $3881082.09   | 0.14%             | 2050-06-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BQQM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   41349450 | PA      | $5265972.31   | 0.19%             | 2050-02-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BU3V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   15067200 | PA      | $15237120.47  | 0.55%             | 2055-02-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-10          | FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-10                                 | CUSIP: 3136BUS68<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   10806467 | PA      | $10698753.23  | 0.39%             | 2055-02-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BVQR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12968151 | PA      | $12843131.21  | 0.47%             | 2055-04-25      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae REMICS                                                                | CUSIP: 3136BXPP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   27551486 | PA      | $27250339.67  | 0.99%             | 2055-09-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137AFJS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     198357 | PA      | $15929.94     | 0.00%             | 2041-09-15      | Floating      | 2.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4097         | FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4097                                | CUSIP: 3137ATPX4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     718249 | PA      | $87125.89     | 0.00%             | 2042-08-15      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4176                                    | FREDDIE MAC FHLMC_4176                                                           | CUSIP: 3137B0MY7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     659310 | PA      | $75352.11     | 0.00%             | 2043-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FHLMC_4620                                     | FANNIE MAE FHLMC_4620                                                            | CUSIP: 3137BSAF0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     604983 | PA      | $63369.69     | 0.00%             | 2042-11-15      | Floating      | 2.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4831         | FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4831                                | CUSIP: 3137FHQQ9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    5535195 | PA      | $599860.73    | 0.02%             | 2048-10-15      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137FN5P1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16648507 | PA      | $1718487.22   | 0.06%             | 2049-08-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4937                                    | FREDDIE MAC FHLMC_4937                                                           | CUSIP: 3137FQAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   17535528 | PA      | $2151551.40   | 0.08%             | 2041-11-15      | Floating      | 2.66%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4979                                    | FREDDIE MAC FHLMC_4979                                                           | CUSIP: 3137FTXG7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8410344 | PA      | $1041909.52   | 0.04%             | 2048-06-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                       | FREDDIE MAC STACR                                                                | CUSIP: 3137G0WL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6913830 | PA      | $6688278.14   | 0.24%             | 2033-04-25      | Variable      | 0.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                       | FREDDIE MAC STACR                                                                | CUSIP: 3137G0WU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5670344 | PA      | $5541636.16   | 0.20%             | 2033-06-24      | Variable      | 0.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137H3DW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   48529585 | PA      | $6758016.50   | 0.24%             | 2050-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137H9MZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   23535018 | PA      | $4711204.65   | 0.17%             | 2051-05-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HAFG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   18638074 | PA      | $1464093.44   | 0.05%             | 2053-08-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HAQZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   25239778 | PA      | $2624810.74   | 0.10%             | 2048-01-15      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HB5Y6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   22487704 | PA      | $2594080.36   | 0.09%             | 2049-05-15      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HBYB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16056103 | PA      | $1592404.14   | 0.06%             | 2041-12-15      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_5462                                    | FREDDIE MAC FHLMC_5462                                                           | CUSIP: 3137HFQ24<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   19449822 | PA      | $19506546.92  | 0.71%             | 2054-10-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HFSC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   21359666 | PA      | $21422645.14  | 0.78%             | 2054-10-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HK4A9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13175622 | PA      | $13262423.43  | 0.48%             | 2055-03-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HKF25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13648489 | PA      | $13662359.48  | 0.49%             | 2054-06-25      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HKF33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   15319153 | PA      | $15440139.37  | 0.56%             | 2054-11-25      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HLAE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9837563 | PA      | $9847402.90   | 0.36%             | 2055-05-25      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                               | Freddie Mac REMICS                                                               | CUSIP: 3137HMSE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7859276 | PA      | $7933668.38   | 0.29%             | 2055-09-25      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3138AXGY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     149590 | PA      | $148555.63    | 0.01%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3138W9CN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1961293 | PA      | $1846852.41   | 0.07%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3138W9RV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     729161 | PA      | $719760.20    | 0.03%             | 2028-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138WAYT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     394574 | PA      | $388798.21    | 0.01%             | 2029-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3138XYRT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     232492 | PA      | $228750.32    | 0.01%             | 2029-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BJ9970 FN 05/48 FIXED 4                         | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140HCCG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     728067 | PA      | $695805.01    | 0.03%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140HED33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4482080 | PA      | $4292615.24   | 0.16%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140J7NH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    5606369 | PA      | $5413240.33   | 0.20%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140MJ6V2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   21228300 | PA      | $18879231.34  | 0.68%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140MQAC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   14103136 | PA      | $13416269.31  | 0.49%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140QKGB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   15819385 | PA      | $14062453.14  | 0.51%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140QLRX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   20916063 | PA      | $18673970.49  | 0.68%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140QNT36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   30811204 | PA      | $28460019.72  | 1.03%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140QSZK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   13058543 | PA      | $13061502.91  | 0.47%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140XDUF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   24424193 | PA      | $21794318.33  | 0.79%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140XHCD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   26820465 | PA      | $24948894.44  | 0.90%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140XHCE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   30544815 | PA      | $28472240.88  | 1.03%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140XHWF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   22464236 | PA      | $21629994.00  | 0.78%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140XHWG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   43610425 | PA      | $41597695.00  | 1.51%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140XMUC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19987547 | PA      | $20381993.95  | 0.74%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 3140XQTT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   21542900 | PA      | $21986340.18  | 0.80%             | 2054-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                | Fannie Mae Pool                                                                  | CUSIP: 31418D4Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17725863 | PA      | $15025353.64  | 0.54%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                                | Fertitta Entertainment LLC 2022 Term Loan B                                      | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |     248062 | PA      | $242884.98    | 0.01%             | 2029-01-27      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                                    | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1556000 | PA      | $1453748.97   | 0.05%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ELLINGTON FINANCIAL MORTGAGE TRUST EFMT_19-2              | ELLINGTON FINANCIAL MORTGAGE TRUST EFMT_19-2                                     | CUSIP: 31573TAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5761000 | PA      | $5609338.79   | 0.20%             | 2059-11-25      | Floating      | 3.47%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                   | Fidelity National Information Services Inc                                       | CUSIP: 31620MCA2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    1364000 | PA      | $1360023.46   | 0.05%             | 2028-03-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_23-HE3                               | FIGURE LENDING FIGRE_23-HE3                                                      | CUSIP: 31684CAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3250957 | PA      | $3341461.56   | 0.12%             | 2042-01-25      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corporation                              | Filtration Group Corporation 2025 USD Term Loan                                  | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |     375545 | PA      | $375387.09    | 0.01%             | 2028-10-21      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| First Brands Group, LLC                                   | First Brands Group LLC 2025 DIP Term Loan                                        | CUSIP: 31935HAM9<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |      68623 | PA      | $15783.37     | 0.00%             | 2026-06-29      | Floating      | 13.67%                | No            |                  2 | On Loan: No      |
| FIRST BRANDS GROUP LLC                                    | First Brands Group LLC 2025 PIK DIP Roll-Up Term Loan B                          | CUSIP: 31935HAN7<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |     196109 | PA      | $131.39       | 0.00%             | 2026-06-29      | Floating      | 10.67%                | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                                   | First Student Bidco Inc 2026 Term Loan B                                         | CUSIP: 33718FAQ3<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |     237532 | PA      | $236641.04    | 0.01%             | 2030-08-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                                   | First Student Bidco Inc 2026 Term Loan C                                         | CUSIP: 33718FAR1<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |      43462 | PA      | $43299.42     | 0.00%             | 2030-08-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| FLASH COMPUTE LLC                                         | Flash Compute LLC                                                                | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     313000 | PA      | $315714.46    | 0.01%             | 2030-12-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Fleet Midco I Limited                                     | Fleet Midco I Limited 2024 1st Lien Term Loan B                                  | CUSIP: 33902UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     120670 | PA      | $120669.74    | 0.00%             | 2031-02-21      | Floating      | 6.42%                 | No            |                  3 | On Loan: No      |
| Flynn Restaurant Group LP                                 | Flynn Restaurant Group LP 2025 Incremental Term Loan                             | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |     397995 | PA      | $390389.30    | 0.01%             | 2032-01-28      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                                  | Focus Financial Partners LLC                                                     | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |     520000 | PA      | $517278.42    | 0.02%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                       | Freddie Mac STACR REMIC Trust 2021-DNA1                                          | CUSIP: 35564KBE8<br>LEI: 5493000IT1PBTE7DAT80 | Long             | ABS-MBS          | USGSE             | US        |   10256000 | PA      | $11375588.04  | 0.41%             | 2051-01-25      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                       | Freddie Mac STACR REMIC Trust 2022-DNA6                                          | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | USGSE             | US        |    1455070 | PA      | $1457748.97   | 0.05%             | 2042-09-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                       | Freddie Mac STACR REMIC Trust 2021-DNA5                                          | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | USGSE             | US        |    1381373 | PA      | $1385003.13   | 0.05%             | 2034-01-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT 2021-CM2 Trust                                                              | CUSIP: 36167AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2511226 | PA      | $2387826.11   | 0.09%             | 2066-08-25      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT 2021-NQM6 Trust                                                             | CUSIP: 36167KAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4287666.00   | 0.16%             | 2066-08-25      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT 2021-NQM6 Trust                                                             | CUSIP: 36167KAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8003000 | PA      | $6550273.83   | 0.24%             | 2066-08-25      | Variable      | 2.81%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT_19-NQM3                                                                     | CUSIP: 36167VAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1410151 | PA      | $1392254.89   | 0.05%             | 2059-11-25      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT 2021-CM1 Trust                                                              | CUSIP: 36168AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4046731 | PA      | $3911534.53   | 0.14%             | 2065-04-25      | Variable      | 2.47%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                     | GFL Environmental Inc                                                            | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |     393000 | PA      | $407062.10    | 0.01%             | 2031-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                          | GGAM Finance Ltd                                                                 | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     513000 | PA      | $517667.71    | 0.02%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                          | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     344000 | PA      | $352029.63    | 0.01%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                          | GGAM Finance Ltd                                                                 | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     326000 | PA      | $325615.60    | 0.01%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT 2025-NQM3 Trust                                                             | CUSIP: 36171MAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5815388 | PA      | $5834019.33   | 0.21%             | 2070-05-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Ginnie Mae II Pool                                                               | CUSIP: 36179TV77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5820111 | PA      | $5734147.52   | 0.21%             | 2048-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2                                       | CUSIP: 3622AC6C9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    9953836 | PA      | $10417130.74  | 0.38%             | 2053-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                    | GE HealthCare Technologies Inc                                                   | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    1812000 | PA      | $1799878.16   | 0.07%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                    | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAF0<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   11940000 | PA      | $12178058.47  | 0.44%             | 2027-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                         | GLS Auto Select Receivables Trust 2024-4                                         | CUSIP: 36271BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2142072 | PA      | $2146348.47   | 0.08%             | 2029-12-17      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                       | GS Mortgage-Backed Securities Trust 2025-NQM4                                    | CUSIP: 36272UAA6<br>LEI: 25490076N7JFR2Y3CU63 | Long             | ABS-MBS          | CORP              | US        |    8745259 | PA      | $8699319.80   | 0.32%             | 2065-10-25      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                       | GS Mortgage-Backed Securities Corp Trust 2025-NQM6                               | CUSIP: 362933AA1<br>LEI: 254900X1ABPQ6D4G6D07 | Long             | ABS-MBS          | CORP              | US        |    8631108 | PA      | $8587462.19   | 0.31%             | 2066-02-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                    | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 36321PAC4<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    9375000 | PA      | $7203117.22   | 0.26%             | 2040-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                      | Garda World Security Corp                                                        | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     228000 | PA      | $228773.95    | 0.01%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GATES CORPORATION/DE                                      | Gates Corp/DE                                                                    | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |     312000 | PA      | $319709.28    | 0.01%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GCAT                                                      | GCAT 2025-NQM5 Trust                                                             | CUSIP: 36831KAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15225652 | PA      | $15136894.01  | 0.55%             | 2070-08-25      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                         | General Mills Inc                                                                | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    2685000 | PA      | $2688009.50   | 0.10%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC                                     | Genesee & Wyoming Inc                                                            | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |     414000 | PA      | $418691.45    | 0.02%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GITSIT Mortgage Loan Trust                                | GITSIT Mortgage Loan Trust 2025-NPL1                                             | CUSIP: 375926AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2332340 | PA      | $2333816.36   | 0.08%             | 2055-02-25      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                | goeasy Ltd                                                                       | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     336000 | PA      | $295749.27    | 0.01%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                | goeasy Ltd                                                                       | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |      74000 | PA      | $61177.48     | 0.00%             | 2030-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                | goeasy Ltd                                                                       | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |      74000 | PA      | $61249.97     | 0.00%             | 2030-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE FOOD LLC                                     | Golden State Food LLC 2026 Term Loan B                                           | CUSIP: 38121NAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     328763 | PA      | $328763.35    | 0.01%             | 2031-12-04      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO1, LTD                   | GoldenTree Loan Management US CLO 27 Ltd                                         | CUSIP: 38140AAC2<br>LEI: 254900H1TTX80VH1NW52 | Long             | ABS-CBDO         | CORP              | KY        |   14400000 | PA      | $14364417.60  | 0.52%             | 2039-01-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                   | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GD35<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    4909000 | PA      | $4812826.93   | 0.17%             | 2031-10-21      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                   | Goldman Sachs Group Inc/The                                                      | CUSIP: 38145GAR1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    4491000 | PA      | $4423711.66   | 0.16%             | 2032-01-21      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38376MKF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5774862 | PA      | $796962.76    | 0.03%             | 2047-03-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASS                          | GOVERNMENT NATIONAL MORTGAGE ASS                                                 | CUSIP: 38379HFE0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    2120178 | PA      | $197263.65    | 0.01%             | 2041-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380GHB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8043182 | PA      | $949869.22    | 0.03%             | 2047-08-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380HSR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9621632 | PA      | $1296354.29   | 0.05%             | 2047-10-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380KMR3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4188567 | PA      | $509598.63    | 0.02%             | 2047-11-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-97       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-97                              | CUSIP: 38380XK55<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7323707 | PA      | $746053.63    | 0.03%             | 2048-07-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380XKJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6945689 | PA      | $863270.68    | 0.03%             | 2048-06-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380XTX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7506246 | PA      | $799271.83    | 0.03%             | 2048-07-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380Y4S1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9051188 | PA      | $930825.05    | 0.03%             | 2048-09-20      | Floating      | 2.46%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380YAY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6739679 | PA      | $792952.16    | 0.03%             | 2048-08-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38380YHL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5389074 | PA      | $630741.02    | 0.02%             | 2048-08-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381AC53<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11606299 | PA      | $1327082.82   | 0.05%             | 2048-11-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381AHR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   13805629 | PA      | $1884345.43   | 0.07%             | 2048-01-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-139      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-139                             | CUSIP: 38381ALT1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    4975899 | PA      | $556220.43    | 0.02%             | 2048-10-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381ASA5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7169690 | PA      | $786613.93    | 0.03%             | 2048-10-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381BC44<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7952548 | PA      | $870004.75    | 0.03%             | 2049-01-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381RAE9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11346068 | PA      | $1237705.11   | 0.04%             | 2049-02-20      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381UN24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  170404905 | PA      | $4477985.30   | 0.16%             | 2055-09-20      | Floating      | 0.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381VH60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8477559 | PA      | $967764.27    | 0.04%             | 2049-05-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381VWH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8418467 | PA      | $959727.15    | 0.03%             | 2049-05-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381XJJ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11010270 | PA      | $1497161.13   | 0.05%             | 2049-07-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38381XRV0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7591676 | PA      | $681743.91    | 0.02%             | 2049-07-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-99       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-99                              | CUSIP: 38381XVK9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   23350700 | PA      | $2625403.22   | 0.10%             | 2049-08-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382DMU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5839798 | PA      | $757674.62    | 0.03%             | 2050-02-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382EW52<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   22533247 | PA      | $2425361.56   | 0.09%             | 2049-08-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382FKW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8692277 | PA      | $987045.47    | 0.04%             | 2050-05-20      | Floating      | 2.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382L2K6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   14381339 | PA      | $2001143.19   | 0.07%             | 2050-12-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382LNR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   44961132 | PA      | $6760639.00   | 0.24%             | 2050-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382MRT8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   24983617 | PA      | $4144017.60   | 0.15%             | 2050-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382NBY2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   30747966 | PA      | $4499220.77   | 0.16%             | 2051-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382UY62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   25461799 | PA      | $4220466.24   | 0.15%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38382XUA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   31840973 | PA      | $5381856.76   | 0.19%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38383CYF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   31088779 | PA      | $5626369.43   | 0.20%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-18       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-18                              | CUSIP: 38383GD24<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   24379064 | PA      | $3699396.19   | 0.13%             | 2052-01-20      | Floating      | 2.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38383HFU8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   35815599 | PA      | $4214840.56   | 0.15%             | 2050-01-20      | Floating      | 2.31%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38383LAW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   21588836 | PA      | $2093197.42   | 0.08%             | 2049-10-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38383RFM4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   21582677 | PA      | $2194487.73   | 0.08%             | 2052-04-20      | Floating      | 1.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38383RWV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   19393364 | PA      | $2215930.35   | 0.08%             | 2047-08-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38383VJ74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   34452024 | PA      | $3606847.89   | 0.13%             | 2050-05-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-66       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-66                              | CUSIP: 38384ASF1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   30930935 | PA      | $3578854.56   | 0.13%             | 2049-09-20      | Floating      | 2.31%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38384CBA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   19030701 | PA      | $1006912.47   | 0.04%             | 2053-07-20      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38384EE43<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   33624481 | PA      | $3927403.23   | 0.14%             | 2049-04-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38384EJ55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   40653235 | PA      | $3412168.29   | 0.12%             | 2053-09-20      | Floating      | 2.83%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38384JQE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   34184369 | PA      | $2812392.44   | 0.10%             | 2054-02-20      | Floating      | 2.18%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-30       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-30                              | CUSIP: 38384JTX2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8802640 | PA      | $8804789.76   | 0.32%             | 2064-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-51       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-51                              | CUSIP: 38384KSE2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28968048 | PA      | $2621069.49   | 0.09%             | 2054-03-20      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38384MG35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   28374534 | PA      | $1938925.52   | 0.07%             | 2054-04-20      | Floating      | 1.78%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-64       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-64                              | CUSIP: 38384MLG0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   62793786 | PA      | $4890687.77   | 0.18%             | 2054-04-20      | Floating      | 1.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38384MQ91<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   44144812 | PA      | $4592618.80   | 0.17%             | 2054-04-20      | Floating      | 3.48%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR_24-92        | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR_24-92                               | CUSIP: 38384NXE0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   21936871 | PA      | $1630771.61   | 0.06%             | 2054-05-20      | Floating      | 2.28%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-79       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-79                              | CUSIP: 38384PCY4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   58232440 | PA      | $3237240.31   | 0.12%             | 2054-05-20      | Floating      | 1.68%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-125      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-125                             | CUSIP: 38384VNK9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   37195338 | PA      | $3382320.90   | 0.12%             | 2054-08-20      | Floating      | 2.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                  | Government National Mortgage Association                                         | CUSIP: 38385EZR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11492238 | PA      | $11700235.00  | 0.42%             | 2055-03-20      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                            | Gray Media Inc                                                                   | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     147000 | PA      | $108674.18    | 0.00%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                            | Gray Media Inc                                                                   | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     356000 | PA      | $356284.28    | 0.01%             | 2032-07-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                            | Gray Media Inc                                                                   | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     317000 | PA      | $319315.99    | 0.01%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issuer Trust                    | GreenSky Home Improvement Trust 2024-1                                           | CUSIP: 39571MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     675511 | PA      | $678497.70    | 0.02%             | 2059-06-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                                | Grifols SA                                                                       | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    1137000 | PA      | $1115273.54   | 0.04%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                                    | Group 1 Automotive Inc                                                           | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |      66000 | PA      | $66584.94     | 0.00%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Home Owner Mortgage Enhanced Securuties Limited           | HOMES 2025-NQM4 Trust                                                            | CUSIP: 403958AA9<br>LEI: 2549001JI3VOZZFMYK81 | Long             | ABS-MBS          | CORP              | US        |    6995198 | PA      | $6986094.56   | 0.25%             | 2070-08-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                            | HB Fuller Co                                                                     | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     449000 | PA      | $434045.08    | 0.02%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA Inc                                                                          | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   12689000 | PA      | $12048957.47  | 0.44%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC Holdings PLC                                                                | CUSIP: 404280FM6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   10806000 | PA      | $10609196.08  | 0.38%             | 2037-03-10      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| HTAP Trust                                                | HTAP Issuer Trust 2024-2                                                         | CUSIP: 40444WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6500284 | PA      | $6456992.66   | 0.23%             | 2042-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HTAP Trust                                                | HTAP Issuer Trust 2025-1                                                         | CUSIP: 40446AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4492956 | PA      | $4509927.77   | 0.16%             | 2042-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                         | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     480000 | PA      | $492578.75    | 0.02%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                         | Herc Holdings Inc                                                                | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1226933.82   | 0.04%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                         | Herc Holdings Inc                                                                | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     130000 | PA      | $128113.95    | 0.00%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                         | Herc Holdings Inc                                                                | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     361000 | PA      | $348840.57    | 0.01%             | 2034-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                  | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     213000 | PA      | $211480.81    | 0.01%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                  | Hess Midstream Operations LP                                                     | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     213000 | PA      | $214669.32    | 0.01%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HighTower Holdings LLC                                    | HighTower Holdings LLC 2025 1st Lien Term Loan B                                 | CUSIP: 43117LAP8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | LON              | CORP              | US        |     145868 | PA      | $144136.22    | 0.01%             | 2032-02-03      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                     | Hightower Holding LLC                                                            | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     563000 | PA      | $551399.48    | 0.02%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                     | Hightower Holding LLC                                                            | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     803000 | PA      | $818637.39    | 0.03%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                  | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     542000 | PA      | $524262.09    | 0.02%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                  | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     583000 | PA      | $607390.76    | 0.02%             | 2033-11-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                  | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     663000 | PA      | $661127.03    | 0.02%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                  | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     110000 | PA      | $110696.84    | 0.00%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                  | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     297000 | PA      | $296021.96    | 0.01%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                                  | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     874000 | PA      | $864924.40    | 0.03%             | 2032-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                                  | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     123000 | PA      | $111133.16    | 0.00%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                                  | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     550000 | PA      | $548749.73    | 0.02%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hilton USA Trust                                          | Hilton USA Trust 2016-SFP                                                        | CUSIP: 43289VAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10901000 | PA      | $272026.82    | 0.01%             | 2035-11-05      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Home Owner Mortgage Enhanced Securuties Limited           | HOMES 2025-AFC2 Trust                                                            | CUSIP: 43761YAA2<br>LEI: 2549001JI3VOZZFMYK81 | Long             | ABS-MBS          | CORP              | US        |    3826204 | PA      | $3838566.01   | 0.14%             | 2060-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                                  | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    1874000 | PA      | $1757589.71   | 0.06%             | 2032-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| HUB International Limited                                 | HUB International Limited 2025 Term Loan B                                       | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |     392284 | PA      | $391158.64    | 0.01%             | 2030-06-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                     | HUB International Ltd                                                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     366000 | PA      | $357433.60    | 0.01%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                     | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $1052381.24   | 0.04%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                     | HUB International Ltd                                                            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     400000 | PA      | $408019.76    | 0.01%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                       | Hudbay Minerals Inc                                                              | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |     839000 | PA      | $837863.99    | 0.03%             | 2029-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                       | Hudbay Minerals Inc                                                              | CUSIP: 443628AJ1<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |     350000 | PA      | $350001.50    | 0.01%             | 2026-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                                      | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     526000 | PA      | $541491.43    | 0.02%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                         | Iliad Holding SAS                                                                | CUSIP: 449691AC8<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |     596000 | PA      | $599636.86    | 0.02%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                         | Iliad Holding SAS                                                                | CUSIP: 449691AF1<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |     247000 | PA      | $258618.11    | 0.01%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                         | Iliad Holding SAS                                                                | CUSIP: 449691AG9<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |     315000 | PA      | $315649.68    | 0.01%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                                         | INEOS Finance PLC                                                                | CUSIP: 44984WAH0<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    3630000 | PA      | $3509653.64   | 0.13%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                                         | INEOS Finance PLC                                                                | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    4597000 | PA      | $4460717.13   | 0.16%             | 2029-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                          | ITT Holdings LLC 2026 Term Loan B                                                | CUSIP: 45070BAL9<br>LEI: 549300TH2PHOLK31LB42 | Long             | LON              | CORP              | US        |     397000 | PA      | $395388.18    | 0.01%             | 2030-10-11      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                          | ITT Holdings LLC                                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |      87000 | PA      | $84799.76     | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                                         | Flash Charm Inc 2021 2nd Lien Term Loan                                          | CUSIP: 45168RAS2<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |     251937 | PA      | $174151.78    | 0.01%             | 2029-03-02      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                  | iHeartCommunications Inc                                                         | CUSIP: 45174HBJ5<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     409782 | PA      | $371959.68    | 0.01%             | 2029-05-01      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                         | Imperial Fund Mortgage Trust 2021-NQM4                                           | CUSIP: 45276JAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3235685 | PA      | $2881952.26   | 0.10%             | 2057-01-25      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                   | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     344000 | PA      | $348839.94    | 0.01%             | 2032-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                   | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     292000 | PA      | $292073.34    | 0.01%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                  | Indonesia Government International Bonds                                         | CUSIP: 455780CJ3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     861000 | PA      | $812700.62    | 0.03%             | 2049-02-11      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Indonesia Government International Bonds                  | Indonesia Government International Bonds                                         | CUSIP: 455780CY0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1585000 | PA      | $1378766.65   | 0.05%             | 2031-07-28      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                                   | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    1193000 | PA      | $980216.54    | 0.04%             | 2029-03-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Nielsen Consumer Inc                                      | Nielsen Consumer Inc 2025 USD 1st Lien Term Loan                                 | CUSIP: 45674PAS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     148132 | PA      | $145909.61    | 0.01%             | 2030-10-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                             | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |     269000 | PA      | $257970.05    | 0.01%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INNOPHOS HOLDINGS INC                                     | Innophos Holdings Inc                                                            | CUSIP: 45774NAD0<br>LEI: XQ0331QX53IRX25OY417 | Long             | DBT              | CORP              | US        |    1300806 | PA      | $1082849.55   | 0.04%             | 2029-06-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                                  | Installed Building Products Inc                                                  | CUSIP: 45780RAB7<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     132000 | PA      | $129590.25    | 0.00%             | 2034-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                | Intel Corp                                                                       | CUSIP: 458140BM1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    4170000 | PA      | $3368683.66   | 0.12%             | 2050-03-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                  | International Business Machines Corp                                             | CUSIP: 459200JZ5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    8530000 | PA      | $8518680.95   | 0.31%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Alterra Mountain Company                                  | Alterra Mountain Company 2025 Term Loan B9                                       | CUSIP: 46124CAU1<br>LEI: 549300C5O4FSVNUEI843 | Long             | LON              | CORP              | US        |     317126 | PA      | $316532.75    | 0.01%             | 2028-08-17      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                  | Olympus Water US Holding Corp                                                    | CUSIP: 46150DAA0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     671000 | PA      | $639344.87    | 0.02%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US                                   | ION Platform Finance US Inc                                                      | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |     658000 | PA      | $509714.96    | 0.02%             | 2032-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                      | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     904000 | PA      | $851981.92    | 0.03%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                      | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     518000 | PA      | $486788.21    | 0.02%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                      | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     356000 | PA      | $332117.78    | 0.01%             | 2028-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                      | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     729000 | PA      | $677749.09    | 0.02%             | 2029-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                      | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     229000 | PA      | $213400.00    | 0.01%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                 | IQVIA Inc                                                                        | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     653000 | PA      | $662931.80    | 0.02%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Iridium Satellite LLC                                     | Iridium Satellite LLC 2024 Term Loan B                                           | CUSIP: 46269KAT1<br>LEI: 254900615BJ7139TFM33 | Long             | LON              | CORP              | US        |     250000 | PA      | $244220.00    | 0.01%             | 2030-09-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                         | Iron Mountain Inc                                                                | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     106000 | PA      | $105728.38    | 0.00%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING                                  | JH North America Holdings Inc                                                    | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |     134000 | PA      | $133553.19    | 0.00%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                       | JPMorgan Chase & Co                                                              | CUSIP: 46647PEJ1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   15301000 | PA      | $15520098.57  | 0.56%             | 2030-07-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                       | JPMorgan Chase & Co                                                              | CUSIP: 46647PFD3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    6619000 | PA      | $6516053.27   | 0.24%             | 2031-10-22      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                       | JPMorgan Chase & Co                                                              | CUSIP: 46647PFE1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1722000 | PA      | $1671506.02   | 0.06%             | 2036-10-22      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                       | JPMorgan Chase & Co                                                              | CUSIP: 46647PFG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    6589000 | PA      | $6495428.90   | 0.24%             | 2032-01-22      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                       | JPMorgan Chase & Co                                                              | CUSIP: 46647PFJ0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2104000 | PA      | $2058309.06   | 0.07%             | 2037-01-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                       | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |     258000 | PA      | $250776.76    | 0.01%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JOHNSTONE SUPPLY LLC                                      | Johnstone Supply LLC 2026 Term Loan B                                            | CUSIP: 47947BAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     420794 | PA      | $417637.55    | 0.02%             | 2031-06-09      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| KKR Apple Bidco LLC                                       | KKR Apple Bidco LLC 2025 Term Loan                                               | CUSIP: 48254EAG6<br>LEI: 2549001SCJD3WEYJFM53 | Long             | LON              | CORP              | US        |     392557 | PA      | $392557.12    | 0.01%             | 2031-09-23      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                      | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     829000 | PA      | $783107.60    | 0.03%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                      | Kaiser Aluminum Corp                                                             | CUSIP: 483007AM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     622000 | PA      | $611467.77    | 0.02%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                   | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     460000 | PA      | $463932.77    | 0.02%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                   | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     261000 | PA      | $265104.14    | 0.01%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                   | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     295000 | PA      | $296246.37    | 0.01%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                     | Bath & Body Works Inc                                                            | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     271000 | PA      | $266601.98    | 0.01%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                                  | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     215000 | PA      | $223096.75    | 0.01%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Les Schwab Tire Centers                                   | Les Schwab Tire Centers 2025 Term Loan B                                         | CUSIP: 50220KAD6<br>LEI: 549300GJM1TKHPYFPF83 | Long             | LON              | CORP              | US        |     373116 | PA      | $371716.40    | 0.01%             | 2031-04-23      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                         | L3Harris Technologies Inc                                                        | CUSIP: 502431AQ2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    2447000 | PA      | $2508701.35   | 0.09%             | 2033-07-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                  | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              |  | US        |      91000 | PA      | $94155.69     | 0.00%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                           | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     230000 | PA      | $219822.93    | 0.01%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                   | Crescent Energy Finance LLC                                                      | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     114000 | PA      | $116620.40    | 0.00%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                       | LBM Acquisition LLC                                                              | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     512000 | PA      | $445465.20    | 0.02%             | 2031-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| LEEWARD RENEWABL                                          | Leeward Renewable Energy Operations LLC                                          | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |     238000 | PA      | $222236.65    | 0.01%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                             | Lendbuzz Securitization Trust 2025-2                                             | CUSIP: 52611JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4882155 | PA      | $4894354.51   | 0.18%             | 2030-05-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                     | Level 3 Financing Inc                                                            | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     420000 | PA      | $438130.59    | 0.02%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                                   | Light & Wonder International Inc                                                 | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     453000 | PA      | $443508.52    | 0.02%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                      | LifePoint Health Inc                                                             | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     344000 | PA      | $370391.85    | 0.01%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LONG RIDGE ENERGY LLC                                     | Long Ridge Energy LLC                                                            | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |     487000 | PA      | $510751.70    | 0.02%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                                | MFA 2020-NQM2 Trust                                                              | CUSIP: 552751AD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10000000 | PA      | $9683619.00   | 0.35%             | 2065-04-25      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| MFA TRUST MFRA_24-RPL1                                    | MFA TRUST MFRA_24-RPL1                                                           | CUSIP: 55287AAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6200000 | PA      | $5220889.80   | 0.19%             | 2066-02-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                          | MGM Resorts International                                                        | CUSIP: 552953CK5<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     315000 | PA      | $318151.65    | 0.01%             | 2029-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                           | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     674000 | PA      | $662129.64    | 0.02%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                  | Madison Park Funding XXIX LTD                                                    | CUSIP: 55820CAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   14350000 | PA      | $14299775.00  | 0.52%             | 2038-03-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Madison Safety & Flow LLC                                 | Madison Safety & Flow LLC 2025 1st Lien Term Loan B                              | CUSIP: 55822DAN1<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |     490285 | PA      | $489981.19    | 0.02%             | 2031-09-26      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                                    | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     340000 | PA      | $301016.00    | 0.01%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                                    | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     182000 | PA      | $110287.47    | 0.00%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                                    | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    1240000 | PA      | $827250.99    | 0.03%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MDVIP INC                                                 | MDVIP Inc 2026 Term Loan B                                                       | CUSIP: 56150KAK1<br>LEI: 549300EAB6F7TKRLOT57 | Long             | LON              | CORP              | US        |     414921 | PA      | $415008.55    | 0.02%             | 2031-10-14      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                                  | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAK2<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    1030000 | PA      | $979368.97    | 0.04%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                  | Mars Inc                                                                         | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    7420000 | PA      | $7487477.16   | 0.27%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                      | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     528000 | PA      | $533618.42    | 0.02%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                      | Matador Resources Co                                                             | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     518000 | PA      | $518157.68    | 0.02%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                      | Matador Resources Co                                                             | CUSIP: 576485AJ5<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     217000 | PA      | $215502.66    | 0.01%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                    | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     543000 | PA      | $531084.43    | 0.02%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                    | Match Group Holdings II LLC                                                      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     243000 | PA      | $215856.80    | 0.01%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                                     | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     431000 | PA      | $430398.08    | 0.02%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                               | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    2532000 | PA      | $2088677.28   | 0.08%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| McAfee, LLC                                               | McAfee LLC 2024 USD 1st Lien Term Loan B                                         | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |     343886 | PA      | $306058.45    | 0.01%             | 2029-03-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                                     | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     403000 | PA      | $411632.83    | 0.01%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                       | Medline Borrower LP 2025 Incremental Term Loan B                                 | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |     194264 | PA      | $194475.84    | 0.01%             | 2030-10-23      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                            | Merck & Co Inc                                                                   | CUSIP: 58933YBZ7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1994000 | PA      | $1956985.30   | 0.07%             | 2035-12-04      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                                  | Met Tower Global Funding                                                         | CUSIP: 58989V2H6<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |    4100000 | PA      | $4180082.32   | 0.15%             | 2029-04-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                                  | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                        | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     438000 | PA      | $425020.48    | 0.02%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                                  | Mill City Mortgage Loan Trust 2023-NQM1                                          | CUSIP: 59980DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3651774 | PA      | $3642593.28   | 0.13%             | 2067-10-25      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                    | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |     935000 | PA      | $873396.77    | 0.03%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MITCHELL INTERNATIONAL INC                                | Mitchell International Inc 2026 Term Loan                                        | CUSIP: 60662WBB7<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |     433423 | PA      | $412501.92    | 0.01%             | 2031-06-17      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    8623000 | PA      | $7417958.32   | 0.27%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | Morgan Stanley                                                                   | CUSIP: 61747YGB5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    7647000 | PA      | $7595266.74   | 0.28%             | 2032-03-12      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | Morgan Stanley                                                                   | CUSIP: 61748UAS1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    5167000 | PA      | $5082088.90   | 0.18%             | 2032-01-16      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | Morgan Stanley                                                                   | CUSIP: 61748UAT9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    4159000 | PA      | $4073459.40   | 0.15%             | 2037-01-30      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| MPOWER Education Trust                                    | MPOWER Education Trust 2025-1                                                    | CUSIP: 62477DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9356761 | PA      | $9356064.37   | 0.34%             | 2042-12-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                       | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     627000 | PA      | $621383.06    | 0.02%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MPOWER Education Trust                                    | MPOWER Education Trust 2025-A                                                    | CUSIP: 624930AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2802356 | PA      | $2839646.71   | 0.10%             | 2042-07-21      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                                            | NCR Voyix Corp                                                                   | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     464000 | PA      | $447068.72    | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                                            | NCR Voyix Corp                                                                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     121000 | PA      | $115941.17    | 0.00%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                       | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     209000 | PA      | $207405.30    | 0.01%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                       | NCL Corp Ltd                                                                     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     598000 | PA      | $580895.73    | 0.02%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                       | NCL Corp Ltd                                                                     | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     457000 | PA      | $443818.61    | 0.02%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEP Group Inc                                             | NEP Group Inc 2025 Term Loan B                                                   | CUSIP: 62908HAR6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     203476 | PA      | $183521.41    | 0.01%             | 2031-10-17      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     791000 | PA      | $730517.26    | 0.03%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                   | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     327000 | PA      | $328161.27    | 0.01%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                   | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     425000 | PA      | $428056.78    | 0.02%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                   | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      34000 | PA      | $33947.58     | 0.00%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                   | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     374000 | PA      | $369755.54    | 0.01%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                            | NRG Energy Inc                                                                   | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     374000 | PA      | $370582.56    | 0.01%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                    | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAY4<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |     789000 | PA      | $752024.42    | 0.03%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                    | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBA5<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |    1093000 | PA      | $981516.59    | 0.04%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                    | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBB3<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |    4258000 | PA      | $4238355.91   | 0.15%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                     | Nabors Industries Inc                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     507000 | PA      | $532127.49    | 0.02%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                     | Nabors Industries Inc                                                            | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     375000 | PA      | $391021.30    | 0.01%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                     | Nabors Industries Inc                                                            | CUSIP: 62957HAR6<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     574000 | PA      | $587395.19    | 0.02%             | 2032-11-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC                                            | NCR Atleos Corp                                                                  | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |     664000 | PA      | $710722.64    | 0.03%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                              | Navient Corp                                                                     | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     582000 | PA      | $536316.27    | 0.02%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                              | Navient Corp                                                                     | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     248000 | PA      | $251772.89    | 0.01%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                      | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    1012000 | PA      | $1015741.42   | 0.04%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                      | Neptune Bidco US Inc                                                             | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     260000 | PA      | $262935.27    | 0.01%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                      | Neptune Bidco US Inc                                                             | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     197000 | PA      | $191884.78    | 0.01%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                         | Newell Brands Inc                                                                | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     549000 | PA      | $524798.04    | 0.02%             | 2032-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                         | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     402000 | PA      | $387111.58    | 0.01%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                         | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      72000 | PA      | $74455.56     | 0.00%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NRZ Excess Spread Collateralized Notes                    | NRZ Excess Spread-Collateralized Notes                                           | CUSIP: 65246QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3215597 | PA      | $3160995.46   | 0.11%             | 2026-11-25      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                    | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KDL1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    4960000 | PA      | $5052624.39   | 0.18%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| XPLR INFRASTRUCTURE LP                                    | XPLR Infrastructure LP                                                           | CUSIP: 65341BAG1<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | DBT              | CORP              | US        |    1419000 | PA      | $1404810.00   | 0.05%             | 2026-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                                    | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     754000 | PA      | $778755.87    | 0.03%             | 2029-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                         | Nexstar Media Inc                                                                | CUSIP: 65346UAA7<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     585000 | PA      | $586274.86    | 0.02%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                         | Nexstar Media Inc                                                                | CUSIP: 65346UAB5<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     670000 | PA      | $675182.90    | 0.02%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                   | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     242000 | PA      | $232757.86    | 0.01%             | 2030-09-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                           | Nissan Motor Co Ltd                                                              | CUSIP: 654922AC7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |     203000 | PA      | $205580.37    | 0.01%             | 2032-07-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                           | Nissan Motor Co Ltd                                                              | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |     593000 | PA      | $611000.51    | 0.02%             | 2035-07-17      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                     | Norfolk Southern Corp                                                            | CUSIP: 655844BS6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    8164000 | PA      | $8143959.44   | 0.30%             | 2026-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                     | Northrop Grumman Corp                                                            | CUSIP: 666807BK7<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    1554000 | PA      | $1542218.10   | 0.06%             | 2027-02-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                       | NOVA Chemicals Corp                                                              | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     344000 | PA      | $334786.47    | 0.01%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                       | NOVA Chemicals Corp                                                              | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     161000 | PA      | $167595.07    | 0.01%             | 2028-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                       | NOVA Chemicals Corp                                                              | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     342000 | PA      | $361175.57    | 0.01%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                       | NOVA Chemicals Corp                                                              | CUSIP: 66977WAV1<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |      98000 | PA      | $103605.71    | 0.00%             | 2031-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                              | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     453000 | PA      | $429050.09    | 0.02%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                              | Novelis Corp                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     490000 | PA      | $436077.70    | 0.02%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                              | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |      65000 | PA      | $65571.80     | 0.00%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                              | Novelis Corp                                                                     | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     342000 | PA      | $335429.10    | 0.01%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                       | NuStar Logistics LP                                                              | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     933000 | PA      | $934794.39    | 0.03%             | 2027-04-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                  | OBX 2021-NQM3 Trust                                                              | CUSIP: 67114JAA8<br>LEI: 25490010LUJWFEUCIH44 | Long             | ABS-MBS          | CORP              | US        |    4482719 | PA      | $3759789.15   | 0.14%             | 2061-07-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                  | OBX 2024-NQM16 Trust                                                             | CUSIP: 67120GAA6<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-MBS          | CORP              | US        |    4661886 | PA      | $4673904.90   | 0.17%             | 2064-10-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                                  | OBX 2025-NQM13 Trust                                                             | CUSIP: 67121UAA4<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-MBS          | CORP              | US        |   10677161 | PA      | $10702648.20  | 0.39%             | 2065-05-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                                  | OHA Credit Funding 16-R Ltd                                                      | CUSIP: 67122KAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   13500000 | PA      | $13485717.00  | 0.49%             | 2038-10-20      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                   | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     330000 | PA      | $341770.34    | 0.01%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                   | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     336000 | PA      | $351377.33    | 0.01%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                  | Occidental Petroleum Corp                                                        | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    7062000 | PA      | $6859834.67   | 0.25%             | 2054-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XXII Ltd                      | Octagon Investment Partners XXII Ltd                                             | CUSIP: 67572YBS0<br>LEI: 549300MQ9W5DWZ8QX450 | Long             | ABS-CBDO         | CORP              | KY        |   17845738 | PA      | $17846487.67  | 0.65%             | 2030-01-22      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                  | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     591000 | PA      | $566161.05    | 0.02%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                  | Olympus Water US Holding Corp                                                    | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     567000 | PA      | $537893.86    | 0.02%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                  | Olympus Water US Holding Corp                                                    | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    1031000 | PA      | $1008193.12   | 0.04%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                  | Olympus Water US Holding Corp                                                    | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    3371000 | PA      | $3221962.97   | 0.12%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corporation                      | Olympus Water US Holding Corporation 2024 USD Term Loan                          | CUSIP: 68163YAJ4<br>LEI: 549300YU2GGVCBN3MY89 | Long             | LON              | CORP              | US        |     467335 | PA      | $447884.19    | 0.02%             | 2031-06-20      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| OMNIA Partners LLC                                        | OMNIA Partners LLC 2024 Term Loan B                                              | CUSIP: 68218HAE7<br>LEI: 254900ZD1P5CVG9GOS22 | Long             | LON              | CORP              | US        |     396508 | PA      | $395766.03    | 0.01%             | 2032-12-31      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                  | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     594000 | PA      | $558057.20    | 0.02%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                  | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     173000 | PA      | $173947.12    | 0.01%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-1NYP                        | One New York Plaza Trust 2020-1NYP                                               | CUSIP: 68249DAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4150000 | PA      | $3946662.04   | 0.14%             | 2036-01-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     356000 | PA      | $321071.37    | 0.01%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     200000 | PA      | $206373.46    | 0.01%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     414000 | PA      | $418167.85    | 0.02%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     697000 | PA      | $700254.14    | 0.03%             | 2029-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     618000 | PA      | $600234.49    | 0.02%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     464000 | PA      | $457181.38    | 0.02%             | 2032-09-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     606000 | PA      | $579843.94    | 0.02%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                      | OneMain Finance Corp                                                             | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     710000 | PA      | $682246.12    | 0.02%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                   | OneDigital Borrower LLC 2025 Repriced Term Loan                                  | CUSIP: 68277FAN9<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |     175399 | PA      | $169205.88    | 0.01%             | 2031-07-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                            | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     935000 | PA      | $951669.89    | 0.03%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| OPAL BIDCO                                                | OPAL BIDCO                                                                       | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |     266000 | PA      | $266178.95    | 0.01%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                                       | Oportun Issuance Trust 2021-B                                                    | CUSIP: 68377GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3818249 | PA      | $3753811.27   | 0.14%             | 2031-05-08      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                              | Fibercop SpA                                                                     | CUSIP: 683879AF7<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |     301000 | PA      | $299762.90    | 0.01%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                              | Fibercop SpA                                                                     | CUSIP: 683879AH3<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |     259000 | PA      | $259264.48    | 0.01%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                               | Oracle Corp                                                                      | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   10096000 | PA      | $8368141.80   | 0.30%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                                  | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |     222000 | PA      | $215234.88    | 0.01%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                                  | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |      78000 | PA      | $63667.48     | 0.00%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                      | Osaic Holdings Inc 2026 Term Loan B                                              | CUSIP: 68773JAJ9<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |     213699 | PA      | $209506.31    | 0.01%             | 2032-07-30      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                  | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     416000 | PA      | $415344.91    | 0.02%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                  | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     744000 | PA      | $717989.85    | 0.03%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                  | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $236890.23    | 0.01%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                 | PG&E Corp                                                                        | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     317000 | PA      | $318783.60    | 0.01%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                 | PG&E Corp                                                                        | CUSIP: 69331CAN8<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     102000 | PA      | $100459.57    | 0.00%             | 2056-09-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                    | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1658000 | PA      | $1829612.51   | 0.07%             | 2034-10-20      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PRKCM Trust                                               | PRKCM 2021-AFC1 Trust                                                            | CUSIP: 69357TAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6966000 | PA      | $5111297.62   | 0.19%             | 2056-08-25      | Variable      | 3.11%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                    | Pertamina Persero PT                                                             | CUSIP: 69370PAA9<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    5025000 | PA      | $5065864.92   | 0.18%             | 2044-05-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                     | PRPM 2025-2 LLC                                                                  | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7736968 | PA      | $7715687.62   | 0.28%             | 2030-05-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                     | PRPM 2025-NQM3 Trust                                                             | CUSIP: 69382NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8911268 | PA      | $8953397.55   | 0.32%             | 2070-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                     | PRPM 2025-NQM4 Trust                                                             | CUSIP: 69392VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6246656 | PA      | $6211025.37   | 0.22%             | 2070-07-25      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                    | Pacific Gas and Electric Co                                                      | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    4180000 | PA      | $3472054.11   | 0.13%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Trust 2024-2                                                      | CUSIP: 694961AA1<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |     636031 | PA      | $638038.55    | 0.02%             | 2031-08-15      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2024-11                                             | CUSIP: 69544AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3507196 | PA      | $3528147.84   | 0.13%             | 2032-07-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2024-11                                             | CUSIP: 69544AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5530819 | PA      | $5559365.85   | 0.20%             | 2032-07-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-5                  | PAGAYA AI DEBT SELECTION TRUST PAID_24-5                                         | CUSIP: 69544LAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4143980 | PA      | $4158979.21   | 0.15%             | 2031-10-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2024-10                                             | CUSIP: 69544MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4173262 | PA      | $4201155.58   | 0.15%             | 2032-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2024-10                                             | CUSIP: 69544MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5652443 | PA      | $5693111.35   | 0.21%             | 2032-06-15      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-10                 | PAGAYA AI DEBT SELECTION TRUST PAID_24-10                                        | CUSIP: 69544MAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2269949 | PA      | $2281665.86   | 0.08%             | 2032-06-15      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2024-8                                              | CUSIP: 69544QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4815245 | PA      | $4827837.58   | 0.17%             | 2032-01-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST PAID_24-8                    | PAGAYA AI DEBT GRANTOR TRUST PAID_24-8                                           | CUSIP: 69544QAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3850478 | PA      | $3861567.40   | 0.14%             | 2032-01-15      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Selection Trust                                                   | CUSIP: 69545AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3397580 | PA      | $3414517.05   | 0.12%             | 2031-12-15      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Selection Trust                                                   | CUSIP: 69545AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3808197 | PA      | $3826027.06   | 0.14%             | 2031-12-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya Ai Debt Grantor Trust 2024-9                                              | CUSIP: 69546QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4710822 | PA      | $4724232.09   | 0.17%             | 2032-03-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-9                  | PAGAYA AI DEBT SELECTION TRUST PAID_24-9                                         | CUSIP: 69546QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3640885 | PA      | $3650888.78   | 0.13%             | 2032-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Trust 2024-3                                                      | CUSIP: 69547XAA0<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    1411732 | PA      | $1417962.71   | 0.05%             | 2031-10-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Trust 2024-3                                                      | CUSIP: 69547XAB8<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    4379067 | PA      | $4399891.26   | 0.16%             | 2031-10-15      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Trust 2024-3                                                      | CUSIP: 69547XAC6<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    2188156 | PA      | $2192966.69   | 0.08%             | 2031-10-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2024-6 And Pagaya AI Debt Trust 2024-6              | CUSIP: 69548KAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4302227 | PA      | $4318190.46   | 0.16%             | 2031-11-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya Ai Debt Grantor Trust 2025-6                                              | CUSIP: 69549BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8199244 | PA      | $8152711.95   | 0.30%             | 2033-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                            | Pagaya AI Debt Grantor Trust 2025-R3                                             | CUSIP: 69549EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6541355 | PA      | $6537403.50   | 0.24%             | 2033-01-18      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Grantor Trust               | Pagaya Point Of Sale Holdings Grantor Trust 2025-2                               | CUSIP: 69549JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6600000 | PA      | $6608541.72   | 0.24%             | 2033-07-20      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                                     | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     683000 | PA      | $684088.43    | 0.02%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                    | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     213000 | PA      | $211805.33    | 0.01%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                    | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |     206000 | PA      | $198214.78    | 0.01%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                    | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              |  | US        |     146000 | PA      | $147756.23    | 0.01%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                                  | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     229000 | PA      | $224113.24    | 0.01%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PEACHTREE FUND TRUST II                                   | Peachtree Corners Funding Trust II                                               | CUSIP: 70470BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1278985.97   | 0.05%             | 2035-05-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                       | Petroleos Mexicanos                                                              | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    8736000 | PA      | $8111617.12   | 0.29%             | 2035-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                    | Penn Entertainment Inc                                                           | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1172000 | PA      | $1096565.04   | 0.04%             | 2029-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                    | Penn Entertainment Inc                                                           | CUSIP: 707569AY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     286000 | PA      | $277863.52    | 0.01%             | 2031-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                  | Performance Food Group Inc                                                       | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     107000 | PA      | $107376.12    | 0.00%             | 2032-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                  | Permian Resources Operating LLC                                                  | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     591000 | PA      | $613270.88    | 0.02%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                  | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     687000 | PA      | $699578.13    | 0.03%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                          | Peruvian Government International Bond                                           | CUSIP: 715638FC1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    9004000 | PA      | $8983948.16   | 0.33%             | 2036-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Perusahaan Penerbit SBSN Indonesia III                    | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAV8<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1054000 | PA      | $1034507.49   | 0.04%             | 2032-06-06      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Perusahaan Penerbit SBSN Indonesia III                    | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAY2<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     290000 | PA      | $294968.38    | 0.01%             | 2033-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAF4<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    3988000 | PA      | $3783480.57   | 0.14%             | 2048-05-21      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                       | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    5000000 | PA      | $3982388.01   | 0.14%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                       | Petroleos Mexicanos                                                              | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    6556000 | PA      | $5680774.60   | 0.21%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Parexel International Corporation                         | Parexel International Corporation 2025 Repriced Term Loan B                      | CUSIP: 71911KAF1<br>LEI: 549300GCZVUYB6P2OA17 | Long             | LON              | CORP              | US        |     329704 | PA      | $328328.68    | 0.01%             | 2031-12-12      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Plano HoldCo Inc                                          | Plano HoldCo Inc Term Loan B                                                     | CUSIP: 72712EAB3<br>LEI: 254900C53JLEP3CCOQ10 | Long             | LON              | CORP              | US        |     393992 | PA      | $315193.32    | 0.01%             | 2031-10-02      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Recess Holdings Inc                                       | Recess Holdings Inc 2025 Repriced Term Loan                                      | CUSIP: 72811HAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     343033 | PA      | $343399.85    | 0.01%             | 2030-02-20      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                         | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     689000 | PA      | $641341.48    | 0.02%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                         | Post Holdings Inc                                                                | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     169000 | PA      | $171046.53    | 0.01%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                         | Post Holdings Inc                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     157000 | PA      | $154897.54    | 0.01%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                         | Post Holdings Inc                                                                | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     606000 | PA      | $593334.54    | 0.02%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                         | Post Holdings Inc                                                                | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     154000 | PA      | $151027.40    | 0.01%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Pretium Mortgage Credit Partners LLC                      | PRET 2025-NPL4 LLC                                                               | CUSIP: 74136UAA3<br>LEI: 2549006327OOFEDCTX76 | Long             | ABS-O            | CORP              | US        |    8048635 | PA      | $8053166.52   | 0.29%             | 2055-04-25      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                                  | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     562000 | PA      | $546155.23    | 0.02%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                                  | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     537000 | PA      | $537964.03    | 0.02%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                            | Proofpoint Inc 2025 Repriced Term Loan                                           | CUSIP: 74345HAJ0<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |     346877 | PA      | $335315.33    | 0.01%             | 2028-08-31      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FDG/PFG FIN                                     | Provident Funding Associates LP / PFG Finance Corp                               | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1247000 | PA      | $1280359.40   | 0.05%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                     | Qnity Electronics Inc                                                            | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     246000 | PA      | $246306.67    | 0.01%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                     | Qnity Electronics Inc                                                            | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     198000 | PA      | $200880.49    | 0.01%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                                     | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     610000 | PA      | $622290.48    | 0.02%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                     | Quikrete Holdings Inc 2024 Term Loan B2                                          | CUSIP: 74839XAK5<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |      99492 | PA      | $99351.10     | 0.00%             | 2029-03-19      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                     | Quikrete Holdings Inc 2025 Term Loan B1                                          | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |     342139 | PA      | $341400.46    | 0.01%             | 2031-04-14      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                     | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     983000 | PA      | $999140.73    | 0.04%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                     | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     736000 | PA      | $747595.54    | 0.03%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RCO Mortgage LLC                                          | RCO 2025-Pr1 Trust                                                               | CUSIP: 74939AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6321075 | PA      | $6251871.74   | 0.23%             | 2055-03-02      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| RCO Mortgage LLC                                          | RCO VIII Mortgage LLC 2025-3                                                     | CUSIP: 74939GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3729819 | PA      | $3733714.35   | 0.14%             | 2030-05-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                  | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              |  | US        |     549000 | PA      | $559149.25    | 0.02%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                  | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              |  | US        |     300000 | PA      | $305258.45    | 0.01%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                  | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 74984CAA6<br>LEI: N/A                  | Long             | DBT              |  | US        |     105000 | PA      | $103629.32    | 0.00%             | 2034-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                  | RTX Corp                                                                         | CUSIP: 75513ECH2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   10223000 | PA      | $10149249.05  | 0.37%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                  | RTX Corp                                                                         | CUSIP: 75513ECN9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    3695000 | PA      | $3255265.05   | 0.12%             | 2032-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                       | Reach ABS Trust 2024-2                                                           | CUSIP: 75525HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1171102 | PA      | $1173695.85   | 0.04%             | 2031-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                       | Reach Abs Trust 2026-1                                                           | CUSIP: 75526XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6789491 | PA      | $6791990.61   | 0.25%             | 2033-02-15      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| RESILIENCE PARENT LLC                                     | Resilience Parent LLC 1st Lien Term Loan                                         | CUSIP: 75908HAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     156638 | PA      | $155707.78    | 0.01%             | 2033-02-28      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I                | Research-Driven Pagaya Motor Asset Trust IV                                      | CUSIP: 76088LAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1352170 | PA      | $1341278.18   | 0.05%             | 2030-03-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I                | Research-Driven Pagaya Motor Asset Trust 2023-4                                  | CUSIP: 76089HAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6253375 | PA      | $6274123.07   | 0.23%             | 2033-03-25      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Resonetics LLC                                            | Resonetics LLC 2025 Repriced Term Loan B                                         | CUSIP: 76118EAL2<br>LEI: 5493007F3QX6Z23QGO95 | Long             | LON              | CORP              | US        |     389066 | PA      | $386999.58    | 0.01%             | 2031-06-18      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                       | Resideo Funding Inc                                                              | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |     383000 | PA      | $361988.40    | 0.01%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware Inc                                  | Restoration Hardware Inc Term Loan B                                             | CUSIP: 76133MAB7<br>LEI: 549300H9H1H3OC7C3H47 | Long             | LON              | CORP              | US        |     297662 | PA      | $289265.29    | 0.01%             | 2028-10-20      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC                                    | Ritchie Bros Holdings Inc                                                        | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     319000 | PA      | $323997.62    | 0.01%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC                                    | Ritchie Bros Holdings Inc                                                        | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     176000 | PA      | $182927.68    | 0.01%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE                                         | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp                  | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     756000 | PA      | $752753.72    | 0.03%             | 2033-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| RIVERS ENT BORROWER LLC                                   | Rivers Enterprise Borrower LLC                                                   | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     335000 | PA      | $334516.21    | 0.01%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                               | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: 529900ANZDBDFU91SO19 | Long             | DBT              | CORP              | US        |     358000 | PA      | $336127.18    | 0.01%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                            | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     276000 | PA      | $278708.35    | 0.01%             | 2030-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                            | Rocket Cos Inc                                                                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     351000 | PA      | $354663.99    | 0.01%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Rocket Software Inc                                       | Rocket Software Inc 2023 USD Term Loan B                                         | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |     394296 | PA      | $377416.65    | 0.01%             | 2028-11-28      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                  | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1222000 | PA      | $1096158.49   | 0.04%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                  | ROCKIES EXPRESS PIPELINE                                                         | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     213000 | PA      | $219138.67    | 0.01%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                   | Romanian Government International Bond                                           | CUSIP: 77586RAW0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    2394000 | PA      | $2524705.04   | 0.09%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | Royal Bank of Canada                                                             | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1398000 | PA      | $1420169.63   | 0.05%             | 2031-02-04      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | Royal Bank of Canada                                                             | CUSIP: 78017DAM0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1243000 | PA      | $1241102.01   | 0.04%             | 2031-08-06      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                                            | Ryan Specialty LLC                                                               | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |     357000 | PA      | $353284.71    | 0.01%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SG Capital Partners                                       | SG Residential Mortgage Trust 2019-3                                             | CUSIP: 78432BAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6717321 | PA      | $6626932.62   | 0.24%             | 2059-09-25      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| SFO Commerical Mortgage Trust                             | SFO Commercial Mortgage Trust 2021-555                                           | CUSIP: 78432WAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9150000 | PA      | $9132840.09   | 0.33%             | 2038-05-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| SAIF Securitization Trust                                 | SAIF Securitization Trust 2025-CES1                                              | CUSIP: 78438CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7369694 | PA      | $7369234.92   | 0.27%             | 2065-06-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                              | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     324000 | PA      | $329111.03    | 0.01%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                              | SM Energy Co                                                                     | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     544000 | PA      | $555395.88    | 0.02%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                              | SM Energy Co                                                                     | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     343000 | PA      | $342814.71    | 0.01%             | 2034-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                                     | SS&C Technologies Inc                                                            | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |     233000 | PA      | $233696.02    | 0.01%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1                                   | SV RNO Property Owner 1 LLC                                                      | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1446000 | PA      | $1432942.80   | 0.05%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                            | Sabre GLBL Inc                                                                   | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |      30000 | PA      | $25661.17     | 0.00%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                            | Sabre GLBL Inc                                                                   | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     108000 | PA      | $91527.48     | 0.00%             | 2030-07-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                            | Sabre GLBL Inc                                                                   | CUSIP: 78573NAN2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |      69000 | PA      | $57303.83     | 0.00%             | 2030-03-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SAZERAC COMPANY INC                                       | Sazerac Company Inc Repriced Term Loan B                                         | CUSIP: 80583EAP1<br>LEI: 9QU0CG1O4LSOB6IFK895 | Long             | LON              | CORP              | US        |     397696 | PA      | $397142.89    | 0.01%             | 2032-07-09      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT                                  | Science Applications International Corp                                          | CUSIP: 808625AB3<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |     551000 | PA      | $538928.84    | 0.02%             | 2033-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                                  | Scientific Games Holdings LP/Scientific Games US FinCo Inc                       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1533000 | PA      | $1325151.57   | 0.05%             | 2030-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                                   | Light & Wonder International Inc                                                 | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     411000 | PA      | $419604.66    | 0.02%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                       | Select Medical Corp                                                              | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |     310000 | PA      | $294654.89    | 0.01%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                  | Service Properties Trust                                                         | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     272000 | PA      | $284331.92    | 0.01%             | 2031-11-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                                   | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     622000 | PA      | $612115.61    | 0.02%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                        | Siemens Funding BV                                                               | CUSIP: 82622RAC0<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    4004000 | PA      | $4036354.99   | 0.15%             | 2030-05-28      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                       | Silgan Holdings Inc                                                              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |     520000 | PA      | $508023.62    | 0.02%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                                  | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed   | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     766000 | PA      | $737136.92    | 0.03%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                       | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $1055314.58   | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                       | Sirius XM Radio LLC                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     192000 | PA      | $180302.94    | 0.01%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                                     | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    1170000 | PA      | $1129428.51   | 0.04%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                                    | Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co  | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     698000 | PA      | $698053.88    | 0.03%             | 2032-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CAN WON/MILLEN                                  | Six Flags Entertainment Corp/Canada's Wonderland Co/Millennium Operations LLC    | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     614000 | PA      | $615010.44    | 0.02%             | 2032-01-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Small Business Administration Participation Certs         | United States Small Business Administration                                      | CUSIP: 83162CWN9<br>LEI: N/A                  | Long             | ABS-O            | USGA              | US        |      63431 | PA      | $60387.87     | 0.00%             | 2034-09-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                                  | Snap Inc                                                                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     965000 | PA      | $913406.65    | 0.03%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                                  | Snap Inc                                                                         | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     579000 | PA      | $544370.44    | 0.02%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bonds   | Republic of South Africa Government International Bonds                          | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    4495000 | PA      | $3469087.50   | 0.13%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bonds   | Republic of South Africa Government International Bonds                          | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    2882000 | PA      | $2661875.75   | 0.10%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                  | Republic of South Africa Government International Bond                           | CUSIP: 836205BJ2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    6124000 | PA      | $5592264.19   | 0.20%             | 2055-12-11      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| South Field LLC                                           | South Field LLC 2025 1st Lien Term Loan B                                        | CUSIP: 83783XAG1<br>LEI: 549300M3RBW5ZIH20760 | Long             | LON              | CORP              | US        |     374523 | PA      | $374759.04    | 0.01%             | 2031-08-29      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners, LLC                         | Southern Veterinary Partners LLC 2025 Term Loan B                                | CUSIP: 84410HAQ3<br>LEI: 549300DT78GYJYRK0R74 | Long             | LON              | CORP              | US        |     348250 | PA      | $344847.60    | 0.01%             | 2031-12-04      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Sovos Compliance LLC                                      | Sovos Compliance LLC 2025 Repriced Term Loan B                                   | CUSIP: 84611YAF7<br>LEI: 549300M9XYG5WP2QHH07 | Long             | LON              | CORP              | US        |     342976 | PA      | $324969.36    | 0.01%             | 2029-08-13      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                 | Block Inc                                                                        | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     518000 | PA      | $520906.39    | 0.02%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                 | Block Inc                                                                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     319000 | PA      | $317278.27    | 0.01%             | 2030-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                 | Block Inc                                                                        | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     250000 | PA      | $245913.08    | 0.01%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                                  | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     213000 | PA      | $214059.01    | 0.01%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                                  | Standard Building Solutions Inc                                                  | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     267000 | PA      | $264304.24    | 0.01%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                                  | Standard Industries Inc/NY                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     330000 | PA      | $326640.49    | 0.01%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                                           | Star Parent Inc                                                                  | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    1102000 | PA      | $1144783.11   | 0.04%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust 2020-INV1             | STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_20-INV1                                 | CUSIP: 85573EAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2900000 | PA      | $2733350.34   | 0.10%             | 2055-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                       | Starwood Mortgage Residential Trust 2021-3                                       | CUSIP: 85573JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2073929 | PA      | $1802645.37   | 0.07%             | 2056-06-25      | Variable      | 1.13%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                       | Starwood Mortgage Residential Trust 2022-2                                       | CUSIP: 85573UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2785384 | PA      | $2691615.30   | 0.10%             | 2067-02-25      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                        | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     251000 | PA      | $257474.79    | 0.01%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                        | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    1028000 | PA      | $1064554.67   | 0.04%             | 2032-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                        | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     248000 | PA      | $249483.90    | 0.01%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                        | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1019073.48   | 0.04%             | 2030-09-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | Sunoco LP                                                                        | CUSIP: 86765KAM1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     311000 | PA      | $308485.58    | 0.01%             | 2031-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                                   | Surgery Center Holdings Inc                                                      | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |     858000 | PA      | $841448.59    | 0.03%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                             | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     534000 | PA      | $505868.07    | 0.02%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SYNERGY INFRASTRUCTURE H                                  | Synergy Infrastructure Holdings LLC                                              | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     412000 | PA      | $420170.08    | 0.02%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                          | T-Mobile USA Inc                                                                 | CUSIP: 87264ABT1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   10303000 | PA      | $9488056.60   | 0.34%             | 2031-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                          | T-Mobile USA Inc                                                                 | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    5394000 | PA      | $4901535.01   | 0.18%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                   | Talen Energy Supply LLC                                                          | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     441000 | PA      | $438001.53    | 0.02%             | 2034-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                   | Talen Energy Supply LLC                                                          | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     441000 | PA      | $444460.69    | 0.02%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TECTA AMERICA CORP                                        | TECTA AMERICA CORP                                                               | CUSIP: 87876GAN2<br>LEI: 54930083ULRH07WCC129 | Long             | LON              | CORP              | US        |     344767 | PA      | $343150.40    | 0.01%             | 2032-02-18      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Telesat Canada                                            | Telesat Canada Term Loan B5                                                      | CUSIP: 87951YAU5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     200000 | PA      | $159142.00    | 0.01%             | 2026-12-07      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     428000 | PA      | $427620.16    | 0.02%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     507000 | PA      | $502712.42    | 0.02%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     240000 | PA      | $240581.50    | 0.01%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1016580.90   | 0.04%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     370000 | PA      | $378700.23    | 0.01%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     356000 | PA      | $360635.95    | 0.01%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                     | Tenet Healthcare Corp                                                            | CUSIP: 88033GDW7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    1275000 | PA      | $1263404.74   | 0.05%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                  | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     551000 | PA      | $545097.76    | 0.02%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                  | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     650000 | PA      | $624682.31    | 0.02%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                                    | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1109309.56   | 0.04%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tiger Acquisition LLC                                     | Tiger Acquisition LLC 2025 Term Loan B                                           | CUSIP: 88675UAE2<br>LEI: 25490011XE2GWJKY5N51 | Long             | LON              | CORP              | US        |     283974 | PA      | $284044.75    | 0.01%             | 2032-08-23      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                                     | Toorak Mortgage Trust 2024-RRTL2                                                 | CUSIP: 89055JAA3<br>LEI: 254900AXFPBUQ16CX921 | Long             | ABS-MBS          | CORP              | US        |   12375000 | PA      | $12409662.38  | 0.45%             | 2039-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                 | Towd Point Mortgage Trust 2019-4                                                 | CUSIP: 89178BAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24114000 | PA      | $20497784.98  | 0.74%             | 2059-10-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     527000 | PA      | $533016.43    | 0.02%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     678000 | PA      | $691783.27    | 0.03%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     843000 | PA      | $861293.49    | 0.03%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     310000 | PA      | $310225.61    | 0.01%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    1114000 | PA      | $1110818.25   | 0.04%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     555000 | PA      | $562432.26    | 0.02%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc                                                                    | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     138000 | PA      | $135947.98    | 0.00%             | 2034-07-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                             | TransDigm Inc 2023 Term Loan J                                                   | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     343875 | PA      | $343837.17    | 0.01%             | 2031-02-28      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TransDigm Inc 2026 Term Loan N                                                   | CUSIP: 89364MCG7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      14249 | PA      | $14251.72     | 0.00%             | 2033-02-13      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGNE PARTNERS                                   | TransMontaigne Partners LLC                                                      | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     849000 | PA      | $860736.73    | 0.03%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN AQUILA LTD                                     | Transocean Aquila Ltd                                                            | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     543031 | PA      | $555351.75    | 0.02%             | 2028-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                                  | Transocean International Ltd                                                     | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     122000 | PA      | $126005.50    | 0.00%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                                  | Transocean International Ltd                                                     | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     416000 | PA      | $437028.96    | 0.02%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Primo Brands Corporation                                  | Primo Brands Corporation 2025 Term Loan B                                        | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |     492193 | PA      | $492360.12    | 0.02%             | 2028-03-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORPORATION                                  | PRIMO BRANDS CORPORATION 2026 TERM LOAN B                                        | CUSIP: 89678QAF3<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |     289009 | PA      | $289324.43    | 0.01%             | 2031-03-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                                | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     427000 | PA      | $342080.55    | 0.01%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                                | Tronox Inc                                                                       | CUSIP: 897051AD0<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     826000 | PA      | $824781.52    | 0.03%             | 2030-09-30      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings LLC                             | Truist Insurance Holdings LLC 2024 Term Loan B                                   | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     263642 | PA      | $259606.10    | 0.01%             | 2031-05-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes                      | Truist Bank Auto Credit-Linked Notes Series 2025-1                               | CUSIP: 897926CB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4562030 | PA      | $4571940.15   | 0.17%             | 2033-09-26      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                   | UKG Inc 2024 Term Loan B                                                         | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |     427143 | PA      | $407549.92    | 0.01%             | 2031-02-10      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Turkiye Government International Bonds                    | Turkiye Government International Bonds                                           | CUSIP: 900123DP2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   13518000 | PA      | $13534868.22  | 0.49%             | 2032-02-12      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                                       | Turkiye Government International Bond                                            | CUSIP: 900123DU1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    5684000 | PA      | $5312767.48   | 0.19%             | 2038-01-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TKO Worldwide Holdings LLC                                | TKO Worldwide Holdings LLC 2025 Term Loan                                        | CUSIP: 90266UAL7<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |     291483 | PA      | $291110.03    | 0.01%             | 2031-11-21      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| UKG INC                                                   | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |     437000 | PA      | $428413.07    | 0.02%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                              | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     560000 | PA      | $545496.49    | 0.02%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                              | US Foods Inc                                                                     | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     307000 | PA      | $318310.64    | 0.01%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| USI Inc                                                   | USI Inc 2024 Term Loan D                                                         | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |     397407 | PA      | $396166.90    | 0.01%             | 2029-11-21      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                          | UWM Holdings LLC                                                                 | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     888000 | PA      | $837451.82    | 0.03%             | 2030-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                          | UWM Holdings LLC                                                                 | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     785000 | PA      | $714925.77    | 0.03%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| US FERTILITY ENTERPRISES LLC                              | US Fertility Enterprises LLC 2025 Term Loan                                      | CUSIP: 90356EAG5<br>LEI: 254900DAI0GZFFDITB24 | Long             | LON              | CORP              | US        |     164430 | PA      | $163813.68    | 0.01%             | 2032-12-30      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| US FERTILITY ENTERPRISES LLC                              | US Fertility Enterprises LLC 2025 Delayed Draw Term Loan                         | CUSIP: 90356EAH3<br>LEI: 254900DAI0GZFFDITB24 | Long             | LON              | CORP              | US        |      24914 | PA      | $24820.25     | 0.00%             | 2032-12-30      | Floating      | 1.75%                 | No            |                  2 | On Loan: No      |
| Ultra Clean Holdings Inc                                  | Ultra Clean Holdings Inc 2025 Repriced Term Loan B                               | CUSIP: 90385YAG6<br>LEI: 5493007L6LS7QX18PE75 | Long             | LON              | CORP              | US        |       5961 | PA      | $5957.02      | 0.00%             | 2028-02-25      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds                     | Mexico Government International Bonds                                            | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    3376000 | PA      | $3352439.01   | 0.12%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                     | Mexico Government International Bond                                             | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    3085000 | PA      | $3010149.70   | 0.11%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                     | Mexico Government International Bond                                             | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    4813000 | PA      | $4697750.34   | 0.17%             | 2038-02-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                  | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     754000 | PA      | $705658.09    | 0.03%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                  | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     251000 | PA      | $247128.32    | 0.01%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                    | UnitedHealth Group Inc                                                           | CUSIP: 91324PFB3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   12181000 | PA      | $12183045.91  | 0.44%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                    | UnitedHealth Group Inc                                                           | CUSIP: 91324PFC1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    2742000 | PA      | $2519699.07   | 0.09%             | 2054-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                    | UnitedHealth Group Inc                                                           | CUSIP: 91324PFP2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    2759000 | PA      | $2772350.96   | 0.10%             | 2031-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                                   | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |     115000 | PA      | $108484.90    | 0.00%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                                   | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     195000 | PA      | $198327.66    | 0.01%             | 2032-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                  | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     300000 | PA      | $304937.27    | 0.01%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UNLOCK HEA TRUST                                          | Unlock Hea Trust 2023-1                                                          | CUSIP: 91528JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7539256 | PA      | $7523053.58   | 0.27%             | 2038-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UPGRADE MASTER PASS-THRU TRUST UMPT_25-ST5                | UPGRADE MASTER PASS-THRU TRUST UMPT_25-ST5                                       | CUSIP: 91535BAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3950000 | PA      | $2559506.32   | 0.09%             | 2032-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UPSTREAM NEWCO INC                                        | Upstream Newco Inc 2025 Term Loan                                                | CUSIP: 91678HAJ1<br>LEI: 549300Q4K2W4R1EBTH48 | Long             | LON              | CORP              | US        |     152693 | PA      | $140582.67    | 0.01%             | 2030-05-20      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                              | Upstart Securitization Trust 2025-2                                              | CUSIP: 91679EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3615958 | PA      | $3626415.58   | 0.13%             | 2035-06-20      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                              | Upstart Securitization Trust 2025-4                                              | CUSIP: 91684AAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $1018279.10   | 0.04%             | 2035-11-20      | Fixed         | 7.67%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                              | Upstart Securitization Trust 2025-3                                              | CUSIP: 91684FAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5514561 | PA      | $5519534.20   | 0.20%             | 2035-09-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                              | Upstart Securitization Trust                                                     | CUSIP: 91684NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2004508 | PA      | $2005055.82   | 0.07%             | 2034-11-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| PG INVESTMENT COMPANY 59 SA RL                            | PG Investment Company 59 Sa rl 2025 Repriced Term Loan B                         | CUSIP: 91728NAD1<br>LEI: 254900XMCCB3IEZ2A005 | Long             | LON              | CORP              | LU        |     467160 | PA      | $466744.56    | 0.02%             | 2031-03-26      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| USALCO LLC                                                | USALCO LLC 2025 Term Loan                                                        | CUSIP: 91732NAN3<br>LEI: 5493006WBYB0CYPCSG20 | Long             | LON              | CORP              | US        |     246514 | PA      | $245560.28    | 0.01%             | 2031-09-30      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| USALCO LLC                                                | USALCO LLC 2025 Delayed Draw Term Loan                                           | CUSIP: 91732NAP8<br>LEI: 5493006WBYB0CYPCSG20 | Long             | LON              | CORP              | US        |      25719 | PA      | $25619.43     | 0.00%             | 2031-09-30      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                  | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1240000 | PA      | $1268968.39   | 0.05%             | 2029-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| UTZ Quality Foods LLC                                     | UTZ Quality Foods LLC 2025 Term Loan B                                           | CUSIP: 91809EAG6<br>LEI: 549300K2HU2ISL0R2Q75 | Long             | LON              | CORP              | US        |     300000 | PA      | $299625.00    | 0.01%             | 2032-01-29      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| VFH Parent LLC                                            | VFH Parent LLC 2025 Term Loan B                                                  | CUSIP: 91820UAV2<br>LEI: 549300FRO9M476YHHY64 | Long             | LON              | CORP              | US        |     447294 | PA      | $446547.03    | 0.02%             | 2031-06-21      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| VS Buyer LLC                                              | VS Buyer LLC 2025 Term Loan B                                                    | CUSIP: 91834WAG5<br>LEI: 254900G5QLDMHSCYJK25 | Long             | LON              | CORP              | US        |     348250 | PA      | $339543.75    | 0.01%             | 2031-04-12      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                   | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    1452000 | PA      | $1248499.05   | 0.05%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                          | Vail Resorts Inc                                                                 | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     246000 | PA      | $248789.65    | 0.01%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     348000 | PA      | $382764.64    | 0.01%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     348000 | PA      | $390119.91    | 0.01%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     759000 | PA      | $791317.31    | 0.03%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    1284000 | PA      | $1358608.44   | 0.05%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     163000 | PA      | $167674.50    | 0.01%             | 2030-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                     | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     216000 | PA      | $224750.41    | 0.01%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                  | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    1027000 | PA      | $955172.20    | 0.03%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                  | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     210000 | PA      | $186159.20    | 0.01%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     225000 | PA      | $230384.18    | 0.01%             | 2028-06-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     372000 | PA      | $386872.10    | 0.01%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                           | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     394000 | PA      | $426183.56    | 0.02%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     177000 | PA      | $190130.16    | 0.01%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                           | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     537000 | PA      | $549276.26    | 0.02%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | Venture Global LNG Inc                                                           | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    1167000 | PA      | $1161711.15   | 0.04%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Veritiv Corporation                                       | Veritiv Corporation Term Loan B                                                  | CUSIP: 92338TAB2<br>LEI: 5493004G8OK5L1UTIY12 | Long             | LON              | CORP              | US        |     197000 | PA      | $191090.00    | 0.01%             | 2030-12-02      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                | VERUS SECURITIZATION TRUST VERUS_21-5                                            | CUSIP: 92538KAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2056817 | PA      | $1776085.81   | 0.06%             | 2066-09-25      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                | Verus Securitization Trust 2021-5                                                | CUSIP: 92538KAC7<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |    3893260 | PA      | $3376438.72   | 0.12%             | 2066-09-25      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                | Verus Securitization Trust 2021-5                                                | CUSIP: 92538KAD5<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |    3800000 | PA      | $2712543.36   | 0.10%             | 2066-09-25      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                | Verus Securitization Trust 2021-7                                                | CUSIP: 92538QAC4<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |    6582992 | PA      | $5863092.68   | 0.21%             | 2066-10-25      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                        | Viking Cruises Ltd                                                               | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     530000 | PA      | $530666.54    | 0.02%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                        | Viking Cruises Ltd                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     622000 | PA      | $655653.97    | 0.02%             | 2031-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                        | Viking Cruises Ltd                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     537000 | PA      | $531155.61    | 0.02%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                                  | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |     513000 | PA      | $420722.85    | 0.02%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VISIO_19-2                                                | VISIO_19-2                                                                       | CUSIP: 92837DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      56403 | PA      | $56098.28     | 0.00%             | 2054-11-25      | Floating      | 3.08%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                  | Vistra Operations Co LLC                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     222000 | PA      | $221985.90    | 0.01%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                  | Vistra Operations Co LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    1403000 | PA      | $1369957.97   | 0.05%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                  | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     835000 | PA      | $874807.87    | 0.03%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                          | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     530000 | PA      | $454746.30    | 0.02%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                          | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     603000 | PA      | $518754.91    | 0.02%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I                                    | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     488000 | PA      | $467896.65    | 0.02%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VOLTAGRID LLC                                             | VoltaGrid LLC                                                                    | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |     154000 | PA      | $158907.72    | 0.01%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                        | Voyager Parent LLC                                                               | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |     660000 | PA      | $687209.46    | 0.02%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                        | Voyager Parent LLC Repriced Term Loan B                                          | CUSIP: 92921HAD7<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |     166302 | PA      | $164984.72    | 0.01%             | 2032-07-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| WW International Inc                                      | WW International Inc 2025 Takeback Term Loan                                     | CUSIP: 92941PAE3<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | LON              | CORP              | US        |     250000 | PA      | $179000.00    | 0.01%             | 2030-06-24      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                      | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    3074000 | PA      | $2822914.88   | 0.10%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                      | WR Grace Holdings LLC                                                            | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     275000 | PA      | $275564.68    | 0.01%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                      | WR Grace Holdings LLC                                                            | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    2329000 | PA      | $2269560.96   | 0.08%             | 2032-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                      | WR Grace Holdings LLC                                                            | CUSIP: 92943GAH4<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     208000 | PA      | $202660.79    | 0.01%             | 2033-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                         | Waste Pro USA Inc                                                                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |     805000 | PA      | $816209.80    | 0.03%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                                  | Watco Cos LLC / Watco Finance Corp                                               | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1022000 | PA      | $1050696.55   | 0.04%             | 2032-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                     | Wells Fargo Commercial Mortgage Trust 2026-1250B                                 | CUSIP: 949939AA0<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |    4350000 | PA      | $4300968.11   | 0.16%             | 2041-03-10      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                     | Wells Fargo & Co                                                                 | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     162000 | PA      | $148628.59    | 0.01%             | 2033-03-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                    | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     237000 | PA      | $238346.07    | 0.01%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                    | WESCO Distribution Inc                                                           | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     331000 | PA      | $336918.35    | 0.01%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                    | WESCO Distribution Inc                                                           | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     425000 | PA      | $434698.87    | 0.02%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                    | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |      86000 | PA      | $87678.27     | 0.00%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                    | WESCO Distribution Inc                                                           | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     151000 | PA      | $150046.64    | 0.01%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                    | WESCO Distribution Inc                                                           | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     253000 | PA      | $249366.71    | 0.01%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WEX INC                                                   | WEX Inc                                                                          | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |     568000 | PA      | $556147.30    | 0.02%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Whatabrands LLC                                           | Whatabrands LLC 2024 1st Lien Term Loan B                                        | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |     211652 | PA      | $211160.49    | 0.01%             | 2028-08-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                            | Whirlpool Corp                                                                   | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     109000 | PA      | $106379.52    | 0.00%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                            | Whirlpool Corp                                                                   | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     114000 | PA      | $108358.19    | 0.00%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WHITE CAP SUPPLY HOLDING                                  | White Cap Supply Holdings LLC                                                    | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |     904000 | PA      | $877462.08    | 0.03%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WhiteWater DBR HoldCo LLC                                 | WhiteWater DBR HoldCo LLC 1st Lien Term Loan B                                   | CUSIP: 96616PAD0<br>LEI: 21380025GXMNBTSJP816 | Long             | LON              | CORP              | US        |     306703 | PA      | $307009.63    | 0.01%             | 2031-03-03      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                     | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     153000 | PA      | $154636.59    | 0.01%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                     | Williams Scotsman Inc                                                            | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     215000 | PA      | $217910.55    | 0.01%             | 2030-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                     | Williams Scotsman Inc                                                            | CUSIP: 96950GAE2<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     170000 | PA      | $167020.29    | 0.01%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                                  | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     536000 | PA      | $561426.25    | 0.02%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| UNITI SERVICES LLC                                        | Uniti Services LLC                                                               | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |     287000 | PA      | $298283.61    | 0.01%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WIRECO WORLDGROUP INC                                     | WireCo WorldGroup Inc 2023 Term Loan B                                           | CUSIP: 97654QAK3<br>LEI: 5493008NQ1Q5T2GZOJ37 | Long             | LON              | CORP              | US        |     248096 | PA      | $247061.88    | 0.01%             | 2028-11-13      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WIDE                                      | Wolverine World Wide Inc                                                         | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |     697000 | PA      | $645262.42    | 0.02%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| World Wide Technology Holding Co. LLC                     | World Wide Technology Holding Co LLC 2025 Repriced Term Loan B                   | CUSIP: 98164AAE3<br>LEI: 213800MTFQARCZL1PY64 | Long             | LON              | CORP              | US        |     248125 | PA      | $246730.54    | 0.01%             | 2030-03-01      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                          | WULF Compute LLC                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     271000 | PA      | $286371.46    | 0.01%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                                    | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98379YAA0<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     424000 | PA      | $437855.01    | 0.02%             | 2034-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                                    | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     554000 | PA      | $584420.40    | 0.02%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                                    | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     665000 | PA      | $703115.67    | 0.03%             | 2033-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Adeia Inc                                                 | Adeia Inc 2025 Repriced Term Loan                                                | CUSIP: 98422BAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     232057 | PA      | $231476.50    | 0.01%             | 2028-06-08      | Floating      | 6.17%                 | No            |                  3 | On Loan: No      |
| ZF NA CAPITAL                                             | ZF North America Capital Inc                                                     | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     213000 | PA      | $210249.29    | 0.01%             | 2030-04-14      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                             | ZF North America Capital Inc                                                     | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    1211000 | PA      | $1155088.40   | 0.04%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                             | ZF North America Capital Inc                                                     | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    2433000 | PA      | $2387062.61   | 0.09%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                                   | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1028000 | PA      | $854971.96    | 0.03%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GAZPROM (GAZ CAPITAL SA)                                  | Gazprom PJSC Via Gaz Capital SA                                                  | CUSIP: 000000000<br>LEI: 213800568PRHV2JR9650 | Long             | DBT              | NUSS              | LU        |    2740000 | PA      | $2274201.68   | 0.08%             | 2028-02-06      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | CDS: (CMBX.NA.10.BBB-)                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |    3997959 | OU      | $878035.84    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                    | Athenahealth Group Inc 2022 Term Loan B                                          | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |     342982 | PA      | $336122.60    | 0.01%             | 2029-02-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                   | CDS: (CMBX.NA.10.BBB-)                                                           | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCR              |  | US        |   16991326 | OU      | $4003207.94   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Dominican Republic International Bonds                    | Dominican Republic International Bonds                                           | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    2898000 | PA      | $2754101.16   | 0.10%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc                                     | American Airlines Inc 2023 1st Lien Term Loan                                    | CUSIP: 02376CBM6<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |     343000 | PA      | $332109.75    | 0.01%             | 2029-06-04      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                   | CDS: (CMBX.NA.11.BBB-)                                                           | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCR              |  | US        |    3700000 | OU      | $347432.50    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                   | CDS: (CMBX.NA.10.BBB-)                                                           | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCR              |  | US        |   -9994898 | OU      | $-1200438.76  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                   | CDS: (CMBX.NA.10.BBB-)                                                           | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCR              |  | US        |   -9994898 | OU      | $-756635.03   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Government International Bonds                      | Saudi Government International Bonds                                             | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    4084000 | PA      | $2509316.29   | 0.09%             | 2061-02-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Egypt Government International Bonds                      | Egypt Government International Bonds                                             | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    5035000 | PA      | $3813497.80   | 0.14%             | 2061-02-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Peraton Corp                                              | Peraton Corp Term Loan B                                                         | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |     246682 | PA      | $210091.70    | 0.01%             | 2028-02-01      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                                    | First Brands Group LLC 2022 Incremental Term Loan                                | CUSIP: 31935HAG2<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |     171010 | PA      | $222.31       | 0.00%             | 2027-03-30      | Floating      | 10.78%                | No            |                  2 | On Loan: No      |
| CoreLogic Inc                                             | CoreLogic Inc Term Loan                                                          | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |     395601 | PA      | $377553.87    | 0.01%             | 2028-06-02      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc                              | Univision Communications Inc 2022 Term Loan B                                    | CUSIP: 914908BB3<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |     393496 | PA      | $387888.26    | 0.01%             | 2029-01-31      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                       | Hilton Grand Vacations Borrower LLC 2021 Term Loan B                             | CUSIP: 43283LAH4<br>LEI: 254900HF0EZ734FDVY79 | Long             | LON              | CORP              | US        |     447739 | PA      | $447179.03    | 0.02%             | 2028-08-02      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                           | Madison IAQ LLC Term Loan                                                        | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |     342820 | PA      | $342457.09    | 0.01%             | 2028-06-21      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| FRONTERA GENERATION HOLDINGS LLC                          | FRONTERA GENERATION HOLDINGS LLC                                                 | CUSIP: 000000000<br>LEI: 549300GLB8UW9UT6MD14 | Long             | LON              | CORP              | US        |     250000 | PA      | $242500.00    | 0.01%             | 2028-07-28      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                              | Cloudera Inc 2021 Term Loan                                                      | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |     341985 | PA      | $303511.41    | 0.01%             | 2028-10-08      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE ONDEMAND INC                                  | CORNERSTONE ONDEMAND INC                                                         | CUSIP: 000000000<br>LEI: 549300Z402F16H5EGH48 | Long             | LON              | CORP              | US        |     397933 | PA      | $288501.39    | 0.01%             | 2028-10-16      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| HRNI HOLDINGS LLC                                         | HRNI HOLDINGS LLC                                                                | CUSIP: 000000000<br>LEI: 549300V1ELIRK8JURN28 | Long             | LON              | CORP              | US        |     300781 | PA      | $290253.91    | 0.01%             | 2028-12-11      | Floating      | 8.10%                 | No            |                  2 | On Loan: No      |
| 19th Holdings Golf LLC                                    | 19th Holdings Golf LLC 2022 Term Loan B                                          | CUSIP: 68250XAB7<br>LEI: 549300INS30LLUJP0S18 | Long             | LON              | CORP              | US        |     248067 | PA      | $247446.84    | 0.01%             | 2029-02-07      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                       | Clydesdale Acquisition Holdings Inc Term Loan B                                  | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |     347728 | PA      | $330932.73    | 0.01%             | 2029-04-13      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| BARRACUDA NETWORKS INC                                    | BARRACUDA NETWORKS INC                                                           | CUSIP: 000000000<br>LEI: 549300CXGRZWNMPU8080 | Long             | LON              | CORP              | US        |     104831 | PA      | $66305.82     | 0.00%             | 2029-08-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Corporation Service Company                               | Corporation Service Company Term Loan B                                          | CUSIP: 22006VAL3<br>LEI: 549300NOPSIMGJNT8J31 | Long             | LON              | CORP              | US        |     219689 | PA      | $217905.20    | 0.01%             | 2029-11-02      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                               | CDS: (CMBX.NA.11.BBB-)                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | GB        |    3700000 | OU      | $-50384.11    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| American Axle and Manufacturing Inc                       | American Axle and Manufacturing Inc 2022 Term Loan B                             | CUSIP: 02406MAU1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |     199479 | PA      | $198856.79    | 0.01%             | 2029-12-13      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                                        | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |    2605000 | PA      | $2722398.70   | 0.10%             | 2028-01-19      | Fixed         | 8.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | CDS: (CMBX.NA.16.BBB-)                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |    7750000 | OU      | $-268290.06   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                            | CDS: (CMBX.NA.12.BBB-)                                                           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |    7800000 | OU      | $-457472.36   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                            | CDS: (CMBX.NA.11.BBB-)                                                           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |    9000000 | OU      | $-951651.59   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | CDS: (CMBX.NA.8.BBB-)                                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |   -6783239 | OU      | $-571024.49   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| EMERALD DEBT MERGER SUB LLC                               | EMERALD DEBT MERGER SUB LLC                                                      | CUSIP: 000000000<br>LEI: 98450099EE3A0ZD5F786 | Long             | LON              | CORP              | US        |     327179 | PA      | $326606.39    | 0.01%             | 2030-05-31      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Ontario Gaming GTA LP                                     | Ontario Gaming GTA LP Term Loan B                                                | CUSIP: 000000000<br>LEI: 894500EC9KLZLOC3V025 | Long             | LON              | CORP              | CA        |     304164 | PA      | $284393.21    | 0.01%             | 2030-08-01      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| EnergySolutions LLC                                       | EnergySolutions LLC 2023 Term Loan B                                             | CUSIP: 29276MAP2<br>LEI: 549300X3SKIUYR2MFH75 | Long             | LON              | CORP              | US        |     153021 | PA      | $153339.59    | 0.01%             | 2030-09-20      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Star Parent Inc                                           | Star Parent Inc Term Loan B                                                      | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |     343000 | PA      | $338774.24    | 0.01%             | 2030-09-27      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| INEOS Quattro Holdings UK Ltd                             | INEOS Quattro Holdings UK Ltd 2023 USD 1st Lien Term Loan B                      | CUSIP: 000000000<br>LEI: 213800HKSMBSJQ32CA45 | Long             | LON              | CORP              | US        |    3103914 | PA      | $2413292.90   | 0.09%             | 2029-04-02      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| Idemia Group                                              | Idemia Group 2024 Term Loan B5                                                   | CUSIP: 000000000<br>LEI: 5493008QGYPD024OYL95 | Long             | LON              | CORP              | US        |     392620 | PA      | $388368.18    | 0.01%             | 2028-09-30      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| Bombardier Recreational Products Inc                      | Bombardier Recreational Products Inc 2024 Term Loan B4                           | CUSIP: 000000000<br>LEI: 549300DZZJW11IMTMJ24 | Long             | LON              | CORP              | CA        |     342156 | PA      | $342100.88    | 0.01%             | 2031-01-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Gaci First Investment Co.                                 | Gaci First Investment Co.                                                        | CUSIP: 000000000<br>LEI: 558600TU1PWGNLZ3XM88 | Long             | DBT              | CORP              | KY        |    6838000 | PA      | $5927005.88   | 0.21%             | 2054-01-29      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings Ltd                                       | WEC US Holdings Ltd 2024 Term Loan                                               | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |     327754 | PA      | $327035.88    | 0.01%             | 2031-01-27      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                 | CAESARS ENTERTAINMENT INC                                                        | CUSIP: 000000000<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     397970 | PA      | $385532.99    | 0.01%             | 2031-02-06      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| ARTERA SERVICES LLC                                       | ARTERA SERVICES LLC                                                              | CUSIP: 000000000<br>LEI: 549300J2G34D0WX8Z443 | Long             | LON              | CORP              | US        |     280375 | PA      | $238318.40    | 0.01%             | 2031-02-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| APPLIED SYSTEMS INC                                       | APPLIED SYSTEMS INC                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     346757 | PA      | $339627.55    | 0.01%             | 2031-02-24      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| COTIVITI CORPORATION                                      | Cotiviti Corporation 2024 Term Loan                                              | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |     442521 | PA      | $406845.12    | 0.01%             | 2031-05-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services Inc                             | Brand Industrial Services Inc 2024 Term Loan B                                   | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |      16333 | PA      | $13978.54     | 0.00%             | 2030-08-01      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| LC AHAB US BIDCO LLC                                      | LC AHAB US BIDCO LLC                                                             | CUSIP: 000000000<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |     152103 | PA      | $150201.75    | 0.01%             | 2031-05-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING BRANDS INC                           | CORNERSTONE BUILDING BRANDS INC                                                  | CUSIP: 000000000<br>LEI: 549300IW41QEWQ6T0H29 | Long             | LON              | CORP              | US        |      55334 | PA      | $26283.66     | 0.00%             | 2031-05-15      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| NORTHSTAR GROUP SERVICES INC                              | Northstar Group Services Inc 2024 Term Loan B                                    | CUSIP: 66707RAF4<br>LEI: 549300XH4ERCEE5LSB06 | Long             | LON              | CORP              | US        |     101728 | PA      | $102236.51    | 0.00%             | 2030-05-31      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| Central Parent Inc                                        | Central Parent Inc 2024 Term Loan B                                              | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     196010 | PA      | $139184.77    | 0.01%             | 2029-07-06      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Broadstreet Partners Inc                                  | Broadstreet Partners Inc 2024 Term Loan B4                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |     444388 | PA      | $432891.28    | 0.02%             | 2031-06-13      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                       | LBM Acquisition LLC 2024 Incremental Term Loan B                                 | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |     342993 | PA      | $273495.40    | 0.01%             | 2031-06-06      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| White Cap Buyer LLC                                       | White Cap Buyer LLC 2024 Term Loan B                                             | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |     248741 | PA      | $238698.90    | 0.01%             | 2029-10-19      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| HARBOR FREIGHT TOOLS USA INC                              | Harbor Freight Tools USA Inc 2024 Term Loan B                                    | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |      72046 | PA      | $71215.85     | 0.00%             | 2031-06-11      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| VIRTUSA CORP                                              | VIRTUSA CORP                                                                     | CUSIP: 000000000<br>LEI: C77OMXDER63WLJCSKT03 | Long             | LON              | CORP              | US        |     389973 | PA      | $349513.44    | 0.01%             | 2029-02-15      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES HOLDINGS LP                              | SCIENTIFIC GAMES HOLDINGS LP                                                     | CUSIP: 000000000<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |      53845 | PA      | $52984.70     | 0.00%             | 2029-04-04      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| DRAKE SOFTWARE LLC                                        | Drake Software LLC 2024 Term Loan B                                              | CUSIP: 23344UAF7<br>LEI: 25490030X7DBAF7KCR65 | Long             | LON              | CORP              | US        |     393459 | PA      | $368131.78    | 0.01%             | 2031-06-26      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| OEG BORROWER LLC                                          | OEG BORROWER LLC                                                                 | CUSIP: 000000000<br>LEI: 254900UUVX9EYPUMP391 | Long             | LON              | CORP              | US        |      54722 | PA      | $54813.61     | 0.00%             | 2031-06-30      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc                   | Sedgwick Claims Management Services Inc 2023 Term Loan B                         | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |     442782 | PA      | $434165.04    | 0.02%             | 2031-07-31      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                            | CDS: (CMBX.NA.11.BBB-)                                                           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |    5000000 | OU      | $-17491.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DARKTRACE FINCO US LLC                                    | DARKTRACE FINCO US LLC                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     368516 | PA      | $351980.68    | 0.01%             | 2031-10-09      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Project Boost Purchaser LLC                               | Project Boost Purchaser LLC 2025 Refinancing Term Loan                           | CUSIP: 74339NAG1<br>LEI: 254900SVSL94NTLSDY26 | Long             | LON              | CORP              | US        |     309114 | PA      | $297484.66    | 0.01%             | 2031-07-16      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco Inc                                         | Mermaid Bidco Inc 2024 USD Term Loan B                                           | CUSIP: 59012CAL9<br>LEI: 254900765HT42I3EW691 | Long             | LON              | CORP              | US        |     299241 | PA      | $292507.60    | 0.01%             | 2031-07-03      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| AAP BUYER INC                                             | AAP Buyer Inc Term Loan B                                                        | CUSIP: 00036FAB0<br>LEI: 254900BOO8W9IR1VYO11 | Long             | LON              | CORP              | US        |     152734 | PA      | $152734.31    | 0.01%             | 2031-09-09      | Floating      | 6.42%                 | No            |                  3 | On Loan: No      |
| JUNE PURCHASER LLC                                        | JUNE PURCHASER LLC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     114557 | PA      | $114250.12    | 0.00%             | 2031-11-28      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| JUNE PURCHASER LLC                                        | JUNE PURCHASER LLC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      19286 | PA      | $19234.02     | 0.00%             | 2031-11-28      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| BCP VI SUMMIT HOLDINGS LP                                 | BCP VI SUMMIT HOLDINGS LP                                                        | CUSIP: 000000000<br>LEI: 254900LK60A9DK5W5N81 | Long             | LON              | CORP              | US        |      65631 | PA      | $65494.71     | 0.00%             | 2032-01-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BCPE PEQUOD BUYER INC                                     | BCPE PEQUOD BUYER INC                                                            | CUSIP: 000000000<br>LEI: 254900HEEOS2IWC84V94 | Long             | LON              | CORP              | US        |     379965 | PA      | $368090.97    | 0.01%             | 2031-11-25      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| TOSCA SERVICES LLC                                        | TOSCA SERVICES LLC                                                               | CUSIP: 000000000<br>LEI: 5493005QOAEK5WNBJW47 | Long             | LON              | CORP              | US        |     252788 | PA      | $234566.67    | 0.01%             | 2028-11-30      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| DAVE & BUSTERS INC                                        | DAVE & BUSTERS INC                                                               | CUSIP: 000000000<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |     218051 | PA      | $181294.31    | 0.01%             | 2031-11-01      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| TIDAL WASTE & RECYCLING HOLDINGS LLC                      | TIDAL WASTE & RECYCLING HOLDINGS LLC                                             | CUSIP: 000000000<br>LEI: 254900IQT82RE5KFAZ50 | Long             | LON              | CORP              | US        |     357893 | PA      | $357624.82    | 0.01%             | 2031-10-24      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| A-AG US GSI BIDCO INC                                     | A-AG US GSI BIDCO INC                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      88409 | PA      | $87967.39     | 0.00%             | 2031-10-31      | Floating      | 8.70%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC                                     | JEFFERIES FINANCE LLC                                                            | CUSIP: 000000000<br>LEI: 549300SKVB18YSSIDT75 | Long             | LON              | CORP              | US        |     187759 | PA      | $184472.89    | 0.01%             | 2031-10-21      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODUCTS HOLDINGS LLC                  | SPECIALTY BUILDING PRODUCTS HOLDINGS LLC                                         | CUSIP: 000000000<br>LEI: 549300ICFD46O3KMJC06 | Long             | LON              | CORP              | US        |     116923 | PA      | $98995.29     | 0.00%             | 2028-10-16      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                            | Raven Acquisition Holdings LLC Delayed Draw Term Loan                            | CUSIP: 75419XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      19241 | PA      | $18853.19     | 0.00%             | 2031-11-19      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                            | Raven Acquisition Holdings LLC Term Loan B                                       | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     266687 | PA      | $261305.08    | 0.01%             | 2031-11-19      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE GENERATION LLC                                | CORNERSTONE GENERATION LLC                                                       | CUSIP: 000000000<br>LEI: 254900JBGAU2N55LVN75 | Long             | LON              | CORP              | US        |     144553 | PA      | $144450.15    | 0.01%             | 2032-08-11      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| PEX HOLDINGS LLC                                          | PEX HOLDINGS LLC                                                                 | CUSIP: 000000000<br>LEI: 2138006XMWHEBFQ55Z05 | Long             | LON              | CORP              | US        |     212804 | PA      | $209966.84    | 0.01%             | 2031-11-26      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Ellucian Holdings, Inc.                                   | Ellucian Holdings Inc 2024 1st Lien Term Loan B                                  | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |     278969 | PA      | $270890.50    | 0.01%             | 2029-10-08      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| FRONTDOOR INC                                             | FRONTDOOR INC                                                                    | CUSIP: 000000000<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | LON              | CORP              | US        |     397985 | PA      | $398235.61    | 0.01%             | 2031-12-19      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| INEOS US FINANCE LLC                                      | Ineos US Finance LLC 2024 USD 1st Lien Term Loan B                               | CUSIP: 000000000<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |     533472 | PA      | $456689.69    | 0.02%             | 2031-02-07      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                                           | GOAT HOLDCO LLC                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      49249 | PA      | $49136.57     | 0.00%             | 2032-01-27      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                      | Flutter Financing BV 2024 Term Loan B                                            | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |     342125 | PA      | $337848.44    | 0.01%             | 2030-11-30      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS LLC                               | GRANT THORNTON ADVISORS LLC                                                      | CUSIP: 000000000<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |      98881 | PA      | $91908.23     | 0.00%             | 2031-06-02      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| CATAWBA NATION GAMING AUTHORITY                           | CATAWBA NATION GAMING AUTHORITY                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     394349 | PA      | $399527.07    | 0.01%             | 2032-03-29      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| Kestra Advisor Services Holdings A, Inc.                  | Kestra Advisor Services Holdings A Inc 2024 Repriced Term Loan                   | CUSIP: 49255BAK0<br>LEI: 254900WH55RU999OY504 | Long             | LON              | CORP              | US        |     397852 | PA      | $394594.04    | 0.01%             | 2031-03-22      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                         | CLARIOS GLOBAL LP                                                                | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |     313109 | PA      | $312012.90    | 0.01%             | 2032-01-28      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas Inc.                                       | Hunter Douglas Inc 2025 USD Term Loan B                                          | CUSIP: 000000000<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |     311789 | PA      | $309971.63    | 0.01%             | 2032-01-17      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| ORYX MIDSTREAM SERVICES PERMIAN BASIN LLC                 | ORYX MIDSTREAM SERVICES PERMIAN BASIN LLC                                        | CUSIP: 000000000<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |     342169 | PA      | $342264.94    | 0.01%             | 2028-10-05      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRETE LLC                             | SMYRNA READY MIX CONCRETE LLC                                                    | CUSIP: 000000000<br>LEI: 549300S7RFWHQFOIOY93 | Long             | LON              | CORP              | US        |     419254 | PA      | $418382.25    | 0.02%             | 2029-04-02      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| GIP PILOT ACQUISITION PARTNERS LP                         | GIP PILOT ACQUISITION PARTNERS LP                                                | CUSIP: 000000000<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |     340954 | PA      | $340869.10    | 0.01%             | 2030-10-04      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| GENESYS CLOUD SERVICES HOLDINGS II LLC                    | GENESYS CLOUD SERVICES HOLDINGS II LLC                                           | CUSIP: 000000000<br>LEI: 549300CVRD4OUCPHWQ42 | Long             | LON              | CORP              | US        |     382116 | PA      | $365081.13    | 0.01%             | 2032-01-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                                  | Great Outdoors Group LLC 2025 Term Loan B                                        | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |     390959 | PA      | $389786.19    | 0.01%             | 2032-01-23      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| AL GCX FUND VIII HOLDINGS LLC                             | AL GCX FUND VIII HOLDINGS LLC                                                    | CUSIP: 000000000<br>LEI: 254900KQJGH397AKYT16 | Long             | LON              | CORP              | US        |      24422 | PA      | $24368.08     | 0.00%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| ASCEND LEARNING LLC                                       | Ascend Learning LLC 2025 Repriced Term Loan B                                    | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |     384098 | PA      | $374495.23    | 0.01%             | 2028-12-11      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR GROUP HOLDINGS INC                               | ENDEAVOR GROUP HOLDINGS INC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      44662 | PA      | $44450.35     | 0.00%             | 2032-03-24      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| SUNRISE FINANCING PARTNERSHIP                             | Sunrise Financing Partnership Term Loan AAA                                      | CUSIP: 000000000<br>LEI: 213800DXWIS9KORQ3X94 | Long             | LON              | CORP              | US        |     156604 | PA      | $155380.64    | 0.01%             | 2032-02-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| JACK OHIO FINANCE LLC                                     | JACK OHIO FINANCE LLC                                                            | CUSIP: 000000000<br>LEI: 5493002ERZW63JFJI167 | Long             | LON              | CORP              | US        |     308144 | PA      | $303521.56    | 0.01%             | 2032-02-02      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC                              | FOCUS FINANCIAL PARTNERS LLC                                                     | CUSIP: 000000000<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |     313344 | PA      | $302800.28    | 0.01%             | 2031-09-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL SERVICES INC                            | GFL ENVIRONMENTAL SERVICES INC                                                   | CUSIP: 000000000<br>LEI: 254900ZM5MY0A8BPJI72 | Long             | LON              | CORP              | CA        |     398000 | PA      | $397753.24    | 0.01%             | 2032-03-03      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                                     | SAVOR ACQUISITION INC                                                            | CUSIP: 000000000<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |      34562 | PA      | $34567.93     | 0.00%             | 2032-02-19      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC                                     | SAVOR ACQUISITION INC                                                            | CUSIP: 000000000<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |     364522 | PA      | $364588.01    | 0.01%             | 2032-02-19      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                       | Hilcorp Energy I LP Term Loan B                                                  | CUSIP: 431319AH5<br>LEI: 549300ITPIHLG0LHEC09 | Long             | LON              | CORP              | US        |      59400 | PA      | $59325.75     | 0.00%             | 2030-02-11      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Mavis Tire Express Services Corp.                         | Mavis Tire Express Services Corp 2025 Repriced Term Loan                         | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |     392280 | PA      | $391644.12    | 0.01%             | 2028-05-04      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CLEARWATER ANALYTICS LLC                                  | CLEARWATER ANALYTICS LLC                                                         | CUSIP: 000000000<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |     398000 | PA      | $397502.50    | 0.01%             | 2032-04-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Ineos US Finance LLC                                      | Ineos US Finance LLC 2023 USD Term Loan B                                        | CUSIP: 000000000<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    1788220 | PA      | $1552765.11   | 0.06%             | 2030-02-19      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| SRAM LLC                                                  | SRAM LLC                                                                         | CUSIP: 000000000<br>LEI: 5493005GYDYQG38FCT53 | Long             | LON              | CORP              | US        |     400889 | PA      | $398551.78    | 0.01%             | 2032-02-27      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                                    | TK Elevator Midco GmbH 2025 USD Term Loan B                                      | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |     343061 | PA      | $343609.85    | 0.01%             | 2030-04-30      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| STORABLE INC                                              | Storable Intermediate Holdings LLC 2025 Term Loan B                              | CUSIP: 86210LAD0<br>LEI: 2549000AWFN27KOH3F59 | Long             | LON              | CORP              | US        |     254856 | PA      | $243514.53    | 0.01%             | 2031-04-16      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| RED SPV LLC                                               | RED SPV LLC                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      52106 | PA      | $51975.98     | 0.00%             | 2032-03-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                               | CDS: (CMBX.NA.17.BBB-)                                                           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | GB        |  -15000000 | OU      | $-136090.38   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INVENERGY THERMAL OPERATING I LLC                         | INVENERGY THERMAL OPERATING I LLC                                                | CUSIP: 000000000<br>LEI: 549300JF5R5BXJAMZL67 | Long             | LON              | CORP              | US        |      79596 | PA      | $79629.49     | 0.00%             | 2032-05-17      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| INVENERGY THERMAL OPERATING I LLC                         | INVENERGY THERMAL OPERATING I LLC                                                | CUSIP: 000000000<br>LEI: 549300JF5R5BXJAMZL67 | Long             | LON              | CORP              | US        |       5037 | PA      | $5038.82      | 0.00%             | 2032-05-17      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   50000000 | NC      | $492160.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ORION US FINCO INC                                        | ORION US FINCO INC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     445614 | PA      | $440693.93    | 0.02%             | 2032-10-08      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| FLUTTER FINANCING BV                                      | Flutter Financing BV 2025 Term Loan B                                            | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |     103314 | PA      | $102022.65    | 0.00%             | 2032-06-04      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| MRP BUYER LLC                                             | MRP Buyer LLC Term Loan                                                          | CUSIP: 55351DAB6<br>LEI: 254900P4JAIDEHZ3O147 | Long             | LON              | CORP              | US        |     229290 | PA      | $229003.70    | 0.01%             | 2032-06-04      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| MRP BUYER LLC                                             | MRP Buyer LLC Delayed Draw Term Loan                                             | CUSIP: 55351DAC4<br>LEI: 254900P4JAIDEHZ3O147 | Long             | LON              | CORP              | US        |      29241 | PA      | $29204.20     | 0.00%             | 2032-06-03      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |  150000000 | NC      | $479460.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |  107348000 | NC      | $377478.51    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                       | VIAVI SOLUTIONS INC                                                              | CUSIP: 000000000<br>LEI: 5493006K3E3N1QOBF092 | Long             | LON              | CORP              | US        |     300000 | PA      | $300000.00    | 0.01%             | 2032-10-16      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| HAMILTON PROJECTS ACQUIROR LLC                            | HAMILTON PROJECTS ACQUIROR LLC                                                   | CUSIP: 000000000<br>LEI: 5493005K6XILIQ2EZY52 | Long             | LON              | CORP              | US        |     137182 | PA      | $137304.07    | 0.00%             | 2031-05-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ASTORIA ENERGY LLC                                        | Astoria Energy LLC 2025 Term Loan B                                              | CUSIP: 04626LAJ8<br>LEI: 549300BXD26J7I0IPB62 | Long             | LON              | CORP              | US        |     275723 | PA      | $275767.54    | 0.01%             | 2032-06-23      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO LLC                               | Beach Acquisition Bidco LLC USD Term Loan B                                      | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |     299250 | PA      | $299624.06    | 0.01%             | 2032-09-12      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE 3 INC                               | FORTRESS INTERMEDIATE 3 INC                                                      | CUSIP: 000000000<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |     401739 | PA      | $398224.08    | 0.01%             | 2031-06-27      | Floating      | 6.67%                 | No            |                  3 | On Loan: No      |
| DG INVESTMENT INTERMEDIATE HOLDINGS 2 INC                 | DG INVESTMENT INTERMEDIATE HOLDINGS 2 INC                                        | CUSIP: 000000000<br>LEI: 549300AE79DEGS4AGL59 | Long             | LON              | CORP              | US        |     388681 | PA      | $388195.18    | 0.01%             | 2032-07-09      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |  112959875 | NC      | $286635.68    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SGH2 LLC                                                  | SGH2 LLC                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     379129 | PA      | $372020.63    | 0.01%             | 2032-08-18      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| KNOWBE4 INC                                               | KNOWBE4 INC                                                                      | CUSIP: 000000000<br>LEI: 64883ZJ0RS5039H4PN24 | Long             | LON              | CORP              | US        |     139429 | PA      | $123858.75    | 0.00%             | 2032-07-23      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| POINTCLICKCARE TECHNOLOGIES INC                           | POINTCLICKCARE TECHNOLOGIES INC                                                  | CUSIP: 000000000<br>LEI: 5493001Z0LHHBZLVDX36 | Long             | LON              | CORP              | CA        |     198501 | PA      | $197260.62    | 0.01%             | 2031-11-03      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| FRONERI LUX FINCO SARL                                    | Froneri Lux Finco Sarl 2025 USD Term Loan                                        | CUSIP: 000000000<br>LEI: 9845005YBZ75E5AA3B94 | Long             | LON              | CORP              | US        |     299250 | PA      | $293181.21    | 0.01%             | 2032-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| ALTERRA MOUNTAIN CO                                       | ALTERRA MOUNTAIN CO                                                              | CUSIP: 000000000<br>LEI: 549300C5O4FSVNUEI843 | Long             | LON              | CORP              | US        |      76906 | PA      | $76809.39     | 0.00%             | 2030-05-31      | Floating      | 6.17%                 | No            |                  3 | On Loan: No      |
| West Deptford Energy Holdings LLC                         | West Deptford Energy Holdings LLC 2025 Term Loan                                 | CUSIP: 95249CAF1<br>LEI: 549300HOEW2V8L64EU07 | Long             | LON              | CORP              | US        |      80427 | PA      | $79924.04     | 0.00%             | 2032-07-24      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| CHAMBERLAIN GROUP INC                                     | Chamberlain Group Inc 2025 Term Loan B                                           | CUSIP: 15963CAE6<br>LEI: 25490092IFNOZBRVE539 | Long             | LON              | CORP              | US        |     382249 | PA      | $378289.01    | 0.01%             | 2032-09-08      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US BORROWER LLC                       | CUSHMAN & WAKEFIELD US BORROWER LLC                                              | CUSIP: 000000000<br>LEI: 549300870CMN3WI5IF97 | Long             | LON              | CORP              | US        |     400000 | PA      | $401000.00    | 0.01%             | 2030-01-31      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| LACKAWANNA ENERGY CENTER LLC                              | LACKAWANNA ENERGY CENTER LLC                                                     | CUSIP: 000000000<br>LEI: 549300IW2LJBNY42EC59 | Long             | LON              | CORP              | US        |     140146 | PA      | $140087.12    | 0.01%             | 2032-08-05      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| EFS Cogen Holdings I LLC                                  | EFS Cogen Holdings I LLC 2025 Term Loan B                                        | CUSIP: 26844HAM9<br>LEI: 549300KDKPYR8NXXKI52 | Long             | LON              | CORP              | US        |     378497 | PA      | $378852.85    | 0.01%             | 2031-10-03      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER LLC                                      | Illuminate Buyer LLC 2025 Term Loan B                                            | CUSIP: 45232UAH1<br>LEI: 549300K1Y0YC1YC1H809 | Long             | LON              | CORP              | US        |     196360 | PA      | $194641.54    | 0.01%             | 2029-12-31      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                        | Alliant Holdings Intermediate LLC 2025 Term Loan B                               | CUSIP: 01881UAN5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |     433566 | PA      | $429819.56    | 0.02%             | 2031-09-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Paradigm Parent LLC                                       | Paradigm Parent LLC 1st Lien Term Loan                                           | CUSIP: 69902BAB5<br>LEI: 254900EDT9YE5UFH3458 | Long             | LON              | CORP              | US        |     248750 | PA      | $204472.50    | 0.01%             | 2032-04-16      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| ITASCA PARK LLC                                           | ITASCA PARK LLC                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |          9 | OU      | $8759000.00   | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ITASCA PARK LLC                                           | ITASCA PARK LLC                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         14 | OU      | $14255272.50  | 0.52%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |  300000000 | NC      | $4981320.00   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SANMINA CORP                                              | SANMINA CORP                                                                     | CUSIP: 000000000<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | LON              | CORP              | US        |     129062 | PA      | $128901.03    | 0.00%             | 2032-10-27      | Floating      | 5.67%                 | No            |                  3 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                               | Allied Universal Holdco LLC 2025 USD Term Loan B                                 | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |     398000 | PA      | $397781.10    | 0.01%             | 2032-08-20      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                  | Cloud Software Group Inc 2025 Term Loan B (2032)                                 | CUSIP: 88632NBL3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |     236943 | PA      | $216082.47    | 0.01%             | 2032-08-13      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                     | QNITY ELECTRONICS INC                                                            | CUSIP: 000000000<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |     399000 | PA      | $398002.50    | 0.01%             | 2032-11-01      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                  | Cloud Software Group Inc 2025 Term Loan B (2031)                                 | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |     124687 | PA      | $113838.98    | 0.00%             | 2031-03-21      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC                                              | PETSMART LLC                                                                     | CUSIP: 000000000<br>LEI: 894500NGJMHSFNESGA67 | Long             | LON              | CORP              | US        |     443734 | PA      | $440295.08    | 0.02%             | 2032-08-18      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| TURQUOISE TOPCO LTD                                       | TURQUOISE TOPCO LTD                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | JE        |     397552 | PA      | $384385.52    | 0.01%             | 2032-12-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                             | TRANSDIGM INC                                                                    | CUSIP: 000000000<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      20058 | PA      | $20053.19     | 0.00%             | 2032-08-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| PENINSULA PACIFIC ENTERTAINMENT LLC                       | Peninsula Pacific Entertainment LLC 2025 Term Loan B                             | CUSIP: 70715SAB3<br>LEI: 549300LWV74H4IE3FG45 | Long             | LON              | CORP              | US        |     119786 | PA      | $119186.74    | 0.00%             | 2032-10-01      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| ACCESS CIG LLC                                            | ACCESS CIG LLC                                                                   | CUSIP: 000000000<br>LEI: 5493002EU9Z6IQMPAN35 | Long             | LON              | CORP              | US        |     364274 | PA      | $327693.72    | 0.01%             | 2030-08-19      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                      | ARAMARK SERVICES INC                                                             | CUSIP: 000000000<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |     350000 | PA      | $350000.00    | 0.01%             | 2028-04-06      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ICON PARENT I INC                                         | ICON PARENT I INC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     289871 | PA      | $277612.70    | 0.01%             | 2031-11-13      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| ENTAIN PLC                                                | ENTAIN PLC                                                                       | CUSIP: 000000000<br>LEI: 213800GNI3K45LQR8L28 | Long             | LON              | CORP              | IM        |     393648 | PA      | $393218.78    | 0.01%             | 2029-10-31      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| COVIA HOLDINGS LLC                                        | COVIA HOLDINGS LLC                                                               | CUSIP: 000000000<br>LEI: 213800IE4YGTGVTQ1806 | Long             | LON              | CORP              | US        |     348246 | PA      | $347085.96    | 0.01%             | 2032-02-26      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| SOUTH FIELD ENERGY LLC                                    | SOUTH FIELD ENERGY LLC                                                           | CUSIP: 000000000<br>LEI: 549300M3RBW5ZIH20760 | Long             | LON              | CORP              | US        |      23421 | PA      | $23435.72     | 0.00%             | 2031-08-29      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| PINNACLE BUYER LLC                                        | PINNACLE BUYER LLC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      68548 | PA      | $68569.64     | 0.00%             | 2032-10-01      | Floating      | 1.25%                 | No            |                  2 | On Loan: No      |
| PINNACLE BUYER LLC                                        | PINNACLE BUYER LLC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     355560 | PA      | $355670.71    | 0.01%             | 2032-10-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| ACP TARA HOLDINGS INC (ARCADIA)                           | ACP TARA HOLDINGS INC (ARCADIA)                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     395748 | PA      | $397066.20    | 0.01%             | 2032-12-15      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| GREEN INFRASTRUCTURE PARTNERS INC                         | GREEN INFRASTRUCTURE PARTNERS INC                                                | CUSIP: 000000000<br>LEI: 549300W1V7LSCKWMX505 | Long             | LON              | CORP              | CA        |     426701 | PA      | $425634.48    | 0.02%             | 2032-09-24      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Bayonne Center                                            | Bayonne Center                                                                   | CUSIP: 000000000<br>LEI: 54930011FOZUNGHGHM74 | Long             | LON              | CORP              | US        |     194071 | PA      | $194071.02    | 0.01%             | 2032-10-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| LAVENDER DUTCH BORROWERCO BV                              | LAVENDER DUTCH BORROWERCO BV                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |     389233 | PA      | $382907.88    | 0.01%             | 2032-12-30      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| IGT HOLDING IV AB                                         | IGT HOLDING IV AB                                                                | CUSIP: 000000000<br>LEI: 549300S0NZ6VQU5JU607 | Long             | LON              | CORP              | SE        |     370099 | PA      | $366398.35    | 0.01%             | 2031-09-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY GLASS CONTAINER INC                        | OWENS-BROCKWAY GLASS CONTAINER INC                                               | CUSIP: 000000000<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | LON              | CORP              | US        |     397460 | PA      | $392821.49    | 0.01%             | 2032-09-30      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                                   | PARK RIVER HOLDINGS INC                                                          | CUSIP: 000000000<br>LEI: 254900PGY077KWCROT75 | Long             | LON              | CORP              | US        |      90373 | PA      | $88148.08     | 0.00%             | 2031-03-15      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |  110000000 | NC      | $11.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        | -110000000 | NC      | $-11.00       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC                               | ION PLATFORM FINANCE US INC                                                      | CUSIP: 000000000<br>LEI: 213800FKHT3BRRKMCC89 | Long             | LON              | CORP              | US        |     359324 | PA      | $287257.92    | 0.01%             | 2032-10-07      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| DAYFORCE INC                                              | DAYFORCE INC                                                                     | CUSIP: 000000000<br>LEI: 549300T64GVCHFJ8L449 | Long             | LON              | CORP              | US        |     786980 | PA      | $743475.94    | 0.03%             | 2033-02-04      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| ALTICE LUXCO 3                                            | ALTICE LUXCO 3                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       9982 | NS      | $169892.55    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DYNAMO MIDCO BV                                           | DYNAMO MIDCO BV                                                                  | CUSIP: 000000000<br>LEI: 2549006JTJC82EG25219 | Long             | LON              | CORP              | NL        |      59103 | PA      | $51345.72     | 0.00%             | 2031-09-30      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| CHEMOURS COMPANY                                          | CHEMOURS COMPANY                                                                 | CUSIP: 000000000<br>LEI: 549300M1BOLNXL8DOV14 | Long             | LON              | CORP              | US        |     310375 | PA      | $307659.58    | 0.01%             | 2032-10-15      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| CHICAGO US MIDCO III LP                                   | CHICAGO US MIDCO III LP                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      54809 | PA      | $54175.73     | 0.00%             | 2032-11-01      | Floating      | 1.25%                 | No            |                  2 | On Loan: No      |
| EP WEALTH ADVISORS LLC                                    | EP WEALTH ADVISORS LLC                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     400000 | PA      | $400000.00    | 0.01%             | 2032-10-18      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| CPV FAIRVIEW LLC                                          | CPV FAIRVIEW LLC                                                                 | CUSIP: 000000000<br>LEI: 549300SLZ4P6TH9PTH93 | Long             | LON              | CORP              | US        |      65578 | PA      | $65222.39     | 0.00%             | 2031-08-14      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| altice Luxembourg SA                                      | altice Luxembourg SA                                                             | CUSIP: 000000000<br>LEI: 2221006ZDZREFLFIFQ42 | N/A              | DE               |  | LU        |        469 | NS      | $6778.34      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Chrysaor Bidco Sarl                                       | Chrysaor Bidco Sarl 2025 USD Term Loan B                                         | CUSIP: 000000000<br>LEI: 254900CXX37NCB7A8J31 | Long             | LON              | CORP              | LU        |     401324 | PA      | $400320.61    | 0.01%             | 2031-10-30      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO US MIDCO III LP                                   | CHICAGO US MIDCO III LP                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     369049 | PA      | $364783.26    | 0.01%             | 2032-11-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                            | Opal Bidco SAS USD 1st Lien Term Loan B                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     162176 | PA      | $162007.73    | 0.01%             | 2032-04-28      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| SNACKING INVESTMENTS BIDCO PTY LTD                        | SNACKING INVESTMENTS BIDCO PTY LTD                                               | CUSIP: 000000000<br>LEI: 254900AD4L6DCZFKHI06 | Long             | LON              | CORP              | AU        |     411309 | PA      | $411135.88    | 0.01%             | 2032-10-29      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CALABRIO INC                                              | CALABRIO INC                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     160112 | PA      | $124486.73    | 0.00%             | 2032-11-26      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                  | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              |  | US        |   28000000 | NC      | $253733.20    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCKPOINT GAS STORAGE PARTNERS LP                         | ROCKPOINT GAS STORAGE PARTNERS LP                                                | CUSIP: 000000000<br>LEI: 549300ZXM0KTRM0NMI59 | Long             | LON              | CORP              | US        |     148125 | PA      | $148273.13    | 0.01%             | 2031-09-18      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| XPLOR T1 LLC                                              | XPLOR T1 LLC                                                                     | CUSIP: 000000000<br>LEI: 254900GF3CVSREM2EJ05 | Long             | LON              | CORP              | US        |     239438 | PA      | $222078.56    | 0.01%             | 2032-12-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| PING IDENTITY CORP                                        | PING IDENTITY CORP                                                               | CUSIP: 000000000<br>LEI: 254900DJEBSADAC6R313 | Long             | LON              | CORP              | US        |     221836 | PA      | $218785.89    | 0.01%             | 2032-11-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                                          | IRB HOLDING CORP                                                                 | CUSIP: 000000000<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |     339387 | PA      | $338361.88    | 0.01%             | 2030-12-15      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| ERM EMERALD US INC                                        | ERM EMERALD US INC                                                               | CUSIP: 000000000<br>LEI: 254900PU6WN6UDDD0X02 | Long             | LON              | CORP              | US        |     116306 | PA      | $116306.09    | 0.00%             | 2032-01-12      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| ENGINEERED MACHINERY HOLDINGS INC                         | ENGINEERED MACHINERY HOLDINGS INC                                                | CUSIP: 000000000<br>LEI: 5493008AR0NPSLW8EW07 | Long             | LON              | CORP              | US        |      70552 | PA      | $70746.40     | 0.00%             | 2032-11-26      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                            | OTC (GENERIC) 1 YEAR                                                             | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              |  | US        |   60000000 | NC      | $631848.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| STUDENT TRANSPORTATION OF AMERICA HOLDINGS INC            | STUDENT TRANSPORTATION OF AMERICA HOLDINGS INC                                   | CUSIP: 000000000<br>LEI: 549300O4G48RRYGSD439 | Long             | LON              | CORP              | US        |      21155 | PA      | $21195.03     | 0.00%             | 2032-06-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDINGS LLC                              | ASPIRE BAKERIES HOLDINGS LLC                                                     | CUSIP: 000000000<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |     104651 | PA      | $104650.61    | 0.00%             | 2030-12-23      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| STUDENT TRANSPORTATION OF AMERICA HOLDINGS INC            | STUDENT TRANSPORTATION OF AMERICA HOLDINGS INC                                   | CUSIP: 000000000<br>LEI: 549300O4G48RRYGSD439 | Long             | LON              | CORP              | US        |      76635 | PA      | $76779.35     | 0.00%             | 2032-06-24      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                       | TRAVEL + LEISURE CO                                                              | CUSIP: 000000000<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | LON              | CORP              | US        |     207044 | PA      | $206397.83    | 0.01%             | 2029-12-14      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                      | REWORLD HOLDING CORP                                                             | CUSIP: 000000000<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |      14332 | PA      | $14290.94     | 0.00%             | 2031-01-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                      | REWORLD HOLDING CORP                                                             | CUSIP: 000000000<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | LON              | CORP              | US        |      88196 | PA      | $87944.21     | 0.00%             | 2031-01-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| AL GCX HOLDINGS LLC                                       | AL GCX HOLDINGS LLC                                                              | CUSIP: 000000000<br>LEI: 2549009G4C2J89LNWS21 | Long             | LON              | CORP              | US        |     105900 | PA      | $105800.83    | 0.00%             | 2032-12-17      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| MARINER WEALTH ADVISORS LLC                               | MARINER WEALTH ADVISORS LLC                                                      | CUSIP: 000000000<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |     112290 | PA      | $111845.17    | 0.00%             | 2030-12-31      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                               | HOLOGIC INC                                                                      | CUSIP: 000000000<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | LON              | CORP              | US        |     249864 | PA      | $246740.85    | 0.01%             | 2033-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COMPOSECURE HOLDINGS LLC                                  | COMPOSECURE HOLDINGS LLC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      70832 | PA      | $70522.27     | 0.00%             | 2033-01-14      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| CITCO FUNDING LLC                                         | CITCO FUNDING LLC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     114682 | PA      | $114143.90    | 0.00%             | 2033-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| COLUMBUS MCKINNON CORP                                    | COLUMBUS MCKINNON CORP                                                           | CUSIP: 000000000<br>LEI: 549300W3HQB0HO1F3G69 | Long             | LON              | CORP              | US        |     255177 | PA      | $253901.60    | 0.01%             | 2033-01-24      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| SALAS OBRIEN INC                                          | SALAS OBRIEN INC                                                                 | CUSIP: 000000000<br>LEI: 254900D503Y41OFSLN80 | Long             | LON              | CORP              | US        |       7596 | PA      | $7577.07      | 0.00%             | 2033-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SALAS OBRIEN INC                                          | SALAS OBRIEN INC                                                                 | CUSIP: 000000000<br>LEI: 254900D503Y41OFSLN80 | Long             | LON              | CORP              | US        |      58869 | PA      | $58722.29     | 0.00%             | 2033-01-24      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND                                               | HILLENBRAND                                                                      | CUSIP: 000000000<br>LEI: U246OE781574J2BUD366 | Long             | LON              | CORP              | US        |     248230 | PA      | $244630.30    | 0.01%             | 2033-02-10      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Fugue Finance BV                                          | Fugue Finance BV 2025 Repriced Term Loan                                         | CUSIP: 000000000<br>LEI: 254900Y4DWBRGAFENC88 | Long             | LON              | CORP              | US        |      96751 | PA      | $95390.87     | 0.00%             | 2032-01-09      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| NEPTUNE US BIDCO INC                                      | NEPTUNE US BIDCO INC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     374979 | PA      | $357354.86    | 0.01%             | 2033-02-03      | Floating      | 8.76%                 | No            |                  2 | On Loan: No      |
| ALKERMES INC                                              | ALKERMES INC                                                                     | CUSIP: 000000000<br>LEI: 549300YHRMYLL071E243 | Long             | LON              | CORP              | US        |      58328 | PA      | $58729.16     | 0.00%             | 2031-08-12      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| KARMAN HOLDINGS INC                                       | KARMAN HOLDINGS INC                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     483643 | PA      | $483342.84    | 0.02%             | 2032-04-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| GTCR EVEREST BORROWER LLC                                 | GTCR EVEREST BORROWER LLC 2026 REPRICED TERM LOAN B                              | CUSIP: 36269YAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     176561 | PA      | $175155.78    | 0.01%             | 2031-09-05      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| CROWN SUBSEA COMMUNICATIONS HOLDING INC                   | CROWN SUBSEA COMMUNICATIONS HOLDING INC                                          | CUSIP: 000000000<br>LEI: 5493003AYLUE132FIO27 | Long             | LON              | CORP              | US        |     346500 | PA      | $347106.38    | 0.01%             | 2028-04-27      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                       | TREEHOUSE FOODS INC                                                              | CUSIP: 000000000<br>LEI: 5493007M7EVHE470Q576 | Long             | LON              | CORP              | US        |     108733 | PA      | $108098.65    | 0.00%             | 2033-02-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DECHRA PHARMACEUTICALS HOLDINGS LTD                       | DECHRA PHARMACEUTICALS HOLDINGS LTD                                              | CUSIP: 000000000<br>LEI: 254900O65L5G9CGTAS28 | Long             | LON              | CORP              | GB        |     397373 | PA      | $396777.06    | 0.01%             | 2032-01-27      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP                                      | BEACON MOBILITY CORP                                                             | CUSIP: 000000000<br>LEI: 254900EBTYFG24UQEM31 | Long             | LON              | CORP              | US        |      13230 | PA      | $13225.85     | 0.00%             | 2030-08-06      | Floating      | 1.38%                 | No            |                  2 | On Loan: No      |
| PROAMPAC PG BORROWER LLC                                  | PROAMPAC PG BORROWER LLC                                                         | CUSIP: 000000000<br>LEI: 549300ZI6LTXYFEY1578 | Long             | LON              | CORP              | US        |     282979 | PA      | $272579.68    | 0.01%             | 2033-03-07      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| AURIS LUXEMBOURG III SARL                                 | Auris Luxembourg III Sarl 2026 USD Term Loan B                                   | CUSIP: 000000000<br>LEI: 549300FM1G5Q7DY0FQ65 | Long             | LON              | CORP              | DK        |     346002 | PA      | $345569.17    | 0.01%             | 2029-02-28      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                            | OTC (GENERIC) 0 YEAR                                                             | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              |  | US        |   50000000 | NC      | $370215.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                       | CDS: (CMBX.NA.18.BBB-)                                                           | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DCR              |  | US        |  -15000000 | OU      | $-48636.86    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PELICAN PIPELINE LLC                                      | PELICAN PIPELINE LLC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     104206 | PA      | $104206.40    | 0.00%             | 2033-03-18      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                       | CDS: (CMBX.NA.18.BBB-)                                                           | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DCR              |  | US        |   -5000000 | OU      | $15113.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                   | OAK-EAGLE ACQUIRECO INC                                                          | CUSIP: 000000000<br>LEI: 6488ICS9P20290MA1H31 | Long             | LON              | CORP              | US        |     377850 | PA      | $375488.70    | 0.01%             | 2033-03-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                       | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    2977000 | PA      | $2712201.78   | 0.10%             | 2047-11-28      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                    | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    3300000 | PA      | $3436730.84   | 0.12%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DP WORLD PLC                                              | DP World Ltd/United Arab Emirates                                                | CUSIP: 000000000<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | NUSS              | AE        |    2982000 | PA      | $2664024.53   | 0.10%             | 2048-09-25      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                                        | Angola Government International Bonds                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    2832000 | PA      | $2507626.64   | 0.09%             | 2048-05-08      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                        | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    4252000 | PA      | $3541935.51   | 0.13%             | 2060-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                   | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    2590000 | PA      | $2696150.24   | 0.10%             | 2032-09-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Paraguay Government International Bonds                   | Paraguay Government International Bonds                                          | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    2060000 | PA      | $2045961.85   | 0.07%             | 2044-08-11      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                     | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    6130000 | PA      | $6237251.18   | 0.23%             | 2036-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARCIS GOLF LLC                                            | ARCIS GOLF LLC                                                                   | CUSIP: 000000000<br>LEI: 254900ZMGXNNIX4SXQ48 | Long             | LON              | CORP              | US        |     398122 | PA      | $397791.26    | 0.01%             | 2028-11-24      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                               | Ivory Coast Government International Bond                                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |   13780000 | PA      | $12927987.71  | 0.47%             | 2033-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                            | EURO COUNTRIES                                                                   | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              |  | XX        |          1 | NC      | $-727.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                         | EURO-SCHATZ JUN 26                                                               | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       2300 | NC      | $114069.26    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US 5YR NOTE JUN 26                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -1715 | NC      | $536047.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US 5YR NOTE JUN 26                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -313 | NC      | $-103266.52   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Apex Group Treasury LLC                                   | Apex Group Treasury LLC 2025 USD Term Loan B                                     | CUSIP: 000000000<br>LEI: 254900N6HRPDDNW7HP03 | Long             | LON              | CORP              | US        |     264543 | PA      | $240292.15    | 0.01%             | 2032-02-27      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| UMBS                                                      | UMBS  30YR TBA(REG A)                                                            | CUSIP: 01F030645<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -12000000 | PA      | $-10538153.40 | -0.38%            | 2056-04-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                    | US 2YR NOTE JUN 26                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -1093 | NC      | $1603376.35   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US 2YR NOTE JUN 26                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -1400 | NC      | $-472752.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US 10YR NOTE JUN 26                                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       2046 | NC      | $-3399347.02  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US LONG BOND JUN 26                                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       1765 | NC      | $-6507006.09  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US ULTRA 10YR NOTE JUN 26                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -298 | NC      | $758202.29    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US ULTRA T-BOND JUN 26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        200 | NC      | $180850.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                    | US ULTRA T-BOND JUN 26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        635 | NC      | $-2435253.19  | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-04

**Name of Applicant:** Columbia Funds Variable Series Trust II

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager