# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001193125-26-245771
**Filing Date:** 2026-5
**Character Count:** 269905
**Document Hash:** fb1821fbe314a572d57e3e23d222d538
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-245771.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001193125-26-245771

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 261038515

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 626-914-4141

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Trust
- **DATE OF NAME CHANGE:** 20050603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Equity Trust
- **DATE OF NAME CHANGE:** 20050218

## Series and Classes Contracts Data

### AAM/Insight Select Income Fund (Series ID: S000040061)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000124376 | Class A      | CPUAX           |
| C000124377 | Class C      | CPUCX           |
| C000124378 | Class I      | CPUIX           |
| C000195054 | Class Y      | CPUYX           |

## Nport-Ex

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **ASSET-BACKED SECURITIES — 12.0%** |  |
| 229774 | AASET<br> Series 2025-1A, Class A, 5.94%, 2/16/2050<sup>2</sup> | $227338 |
| 184610 | Ally Bank Auto Credit-Linked Notes<br> Series 2025-A, Class C, 4.84%, 6/15/2033<sup>2,3</sup> | 185158 |
| 266627 | Ally Bank Auto Credit-Linked Notes Series<br> Series 2025-B, Class C, 4.70%, 9/15/2033<sup>2,3</sup> | 266963 |
| 3339 | Amur Equipment Finance Receivables LLC<br> Series 2022-2A, Class A2, 5.30%, 6/21/2028<sup>2,3</sup> | 3341 |
| 675000 | Antares CLO 2026-1 Ltd.<br> Series 2026-1A, Class A, 5.03% (3-Month Term SOFR+135 basis points), 4/20/2039<sup>2,3,4</sup> | 674980 |
| 132687 | Aqua Finance Issuer Trust<br> Series 2025-B, Class A, 4.79%, 5/17/2051<sup>2,3</sup> | 132137 |
| 8553 | Auxilior Term Funding LLC<br> Series 2023-1A, Class A2, 6.18%, 12/15/2028<sup>2,3</sup> | 8572 |
| 282000 | Avis Budget Rental Car Funding AESOP LLC<br> Series 2025-2A, Class A, 5.12%, 8/20/2031<sup>2,3</sup> | 286761 |
| 223899 | Blackbird Capital Aircraft<br> Series 2021-1A, Class B, 3.45%, 7/15/2046<sup>2,3</sup> | 213643 |
| 665000 | BlackRock Shasta CLO XIII LLC<br> Series 2024-1A, Class A1, 5.52% (3-Month Term SOFR+185 basis points), 7/15/2036<sup>2,3,4</sup> | 664859 |
| 450000 | Centersquare Issuer LLC<br> Series 2025-1A, Class A2, 5.50%, 3/26/2055<sup>2,3</sup> | 440148 |
| 850000 | Cerberus Loan Funding XLIX LLC<br> Series 2024-5A, Class A, 5.02% (3-Month Term SOFR+135 basis points), 1/15/2034<sup>2,3,4</sup> | 849153 |
| 28779 | Chesapeake Funding II LLC<br> Series 2023-2A, Class A1, 6.16%, 10/15/2035<sup>2,3</sup> | 28965 |
| 1000000 | Churchill MMSLF CLO-IV Ltd.<br> Series 2024-3A, Class A, 5.27% (3-Month Term SOFR+160 basis points), 10/22/2035<sup>2,3,4</sup> | 996010 |
| 301573 | CLI Funding IX LLC<br> Series 2025-1A, Class A, 5.35%, 6/20/2050<sup>2,3</sup> | 302619 |
| 109000 | COMM Mortgage Trust<br> Series 2020-CX, Class D, 2.68%, 11/10/2046<sup>2,3,5</sup> | 82566 |
| 224769 | Commonbond Student Loan Trust<br> Series 2019-AGS, Class A1, 2.54%, 1/25/2047<sup>2,3</sup> | 206003 |
|  | Cross Mortgage Trust |  |
| 135619 | &nbsp;&nbsp;&nbsp;Series 2024-H2, Class A2, 6.42%, 4/25/2069<sup>2,3,6</sup> | 136419 |
| 250819 | &nbsp;&nbsp;&nbsp;Series 2025-H8, Class A1, 5.00%, 11/25/2070<sup>2,3,5</sup> | 249451 |
| 503000 | CyrusOne Data Centers Issuer I LLC<br> Series 2025-1A, Class A2, 5.91%, 2/20/2050<sup>2,3</sup> | 505378 |
| 46581 | Daimler Trucks Retail Trust<br> Series 2023-1, Class A3, 5.90%, 3/15/2027<sup>3</sup> | 46710 |
|  | DataBank Issuer |  |
| 598000 | &nbsp;&nbsp;&nbsp;Series 2021-2A, Class A2, 2.40%, 10/25/2051<sup>2,3</sup> | 589741 |
| 161000 | &nbsp;&nbsp;&nbsp;Series 2026-1A, Class A2, 5.81%, 2/25/2056<sup>2,3</sup> | 158498 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 647000 | DataBank Issuer II LLC<br> Series 2025-1A, Class A2, 5.18%, 9/27/2055<sup>2,3</sup> | $634716 |
|  | DB Master Finance LLC |  |
| 595565 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I, 2.05%, 11/20/2051<sup>2,3</sup> | 586428 |
| 180547 | &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2II, 5.17%, 8/20/2055<sup>2,3</sup> | 180082 |
|  | Domino's Pizza Master Issuer LLC |  |
| 525150 | &nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2I, 2.66%, 4/25/2051<sup>2,3</sup> | 497058 |
| 84000 | &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2II, 5.22%, 7/25/2055<sup>2,3</sup> | 83190 |
| 189302 | EnFin Residential Solar Receivables Trust<br> Series 2024-2A, Class A, 5.98%, 9/20/2055<sup>2,3</sup> | 175241 |
| 138368 | ENFIN Residential Solar Receivables Trust<br> Series 2024-1A, Class A, 6.65%, 2/20/2055<sup>2,3</sup> | 127646 |
| 370000 | Ford Credit Auto Owner Trust<br> Series 2022-C, Class B, 5.03%, 2/15/2028<sup>3</sup> | 370618 |
| 1314492 | Fortress Credit Opportunities CLO Ltd.<br> Series 2017-9A, Class A1TR, 5.48% (3-Month Term SOFR+181 basis points), 10/15/2033<sup>2,3,4</sup> | 1314231 |
| 250000 | Golub Capital Partners CLO Ltd.<br> Series 2020-47A, Class CR, 6.06% (3-Month Term SOFR+240 basis points), 8/5/2037<sup>2,3,4</sup> | 245225 |
| 31480 | Hilton Grand Vacations Trust<br> Series 2023-1A, Class A, 5.72%, 1/25/2038<sup>2,3</sup> | 31906 |
|  | Huntington Bank Auto Credit-Linked Notes |  |
| 121001 | &nbsp;&nbsp;&nbsp;Series 2024-2, Class B1, 5.44%, 10/20/2032<sup>2,3</sup> | 121946 |
| 185528 | &nbsp;&nbsp;&nbsp;Series 2025-1, Class B, 4.96%, 3/21/2033<sup>2,3</sup> | 186173 |
| 550000 | Invesco U.S. CLO Ltd.<br> Series 2023-3A, Class AR, 4.98% (3-Month Term SOFR+131 basis points), 7/15/2038<sup>2,3,4</sup> | 549579 |
| 171580 | ITE Rail Fund Levered LP<br> Series 2021-1A, Class A, 2.25%, 2/28/2051<sup>2,3</sup> | 162832 |
| 473000 | IVY Hill Middle Market Credit Fund XII Ltd.<br> Series 12A, Class BRR, 5.67% (3-Month Term SOFR+200 basis points), 4/20/2037<sup>2,3,4</sup> | 468456 |
| 132335 | Jersey Mike's Funding<br> Series 2025-1A, Class A2, 5.61%, 8/16/2055<sup>2,3</sup> | 132617 |
| 157410 | Jersey Mike's Funding LLC<br> Series 2024-1A, Class A2, 5.64%, 2/15/2055<sup>2,3</sup> | 159180 |
| 155773 | JP Morgan Mortgage Trust Series<br> Series 2024-CES1, Class A2, 6.15%, 6/25/2054<sup>2,3,6</sup> | 156808 |
| 754977 | LCM 37 Ltd.<br> Series 37A, Class A1R, 4.73% (3-Month Term SOFR+106 basis points), 4/15/2034<sup>2,3,4</sup> | 754291 |
| 651000 | Lmdv Issuer Co. LLC<br> Series 2025-1A, Class A2, 5.31%, 12/15/2055<sup>2,3</sup> | 650177 |
| 600000 | MCF CLO IX Ltd.<br> Series 2019-1A, Class A1RR, 5.67% (3-Month Term SOFR+200 basis points), 4/17/2036<sup>2,3,4</sup> | 599799 |
|  | MetroNet Infrastructure Issuer LLC |  |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 193893 | &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A2, 5.40%, 8/20/2055<sup>2,3</sup> | $195398 |
| 97249 | &nbsp;&nbsp;&nbsp;Series 2025-4A, Class A2, 5.16%, 12/20/2055<sup>2,3</sup> | 96735 |
|  | MF1 Ltd. |  |
| 910500 | &nbsp;&nbsp;&nbsp;Series 2021-FL7, Class AS, 5.24% (1-Month Term SOFR+157 basis points), 10/16/2036<sup>2,3,4</sup> | 909295 |
| 448000 | &nbsp;&nbsp;&nbsp;Series 2022-FL8, Class C, 5.88% (1-Month Term SOFR+220 basis points), 2/19/2037<sup>2,3,4</sup> | 445910 |
| 700000 | Monroe Capital MML CLO XV LLC<br> Series 2023-1A, Class AR, 4.94% (3-Month Term SOFR+127 basis points), 9/23/2035<sup>2,3,4</sup> | 696697 |
| 53229 | Navient Private Education Refi Loan Trust<br> Series 2021-A, Class A, 0.84%, 5/15/2069<sup>2,3</sup> | 48728 |
| 363000 | New Economy Assets Phase 1 Sponsor LLC<br> Series 2021-1, Class A1, 1.91%, 10/20/2061<sup>2,3</sup> | 304156 |
| 76078 | New Residential Mortgage Loan Trust<br> Series 2021-NQ2R, Class A1, 0.94%, 10/25/2058<sup>2,3,5</sup> | 76450 |
| 320476 | OBX Trust<br> Series 2025-NQM18, Class A1A, 5.06%, 9/25/2065<sup>2,3,6</sup> | 319572 |
| 115185 | Oscar U.S. Funding XVI LLC<br> Series 2024-1A, Class A3, 5.54%, 2/10/2028<sup>2,3</sup> | 115460 |
| 235871 | PK Alift Loan Funding 7 LP<br> Series 2025-2, Class A, 4.75%, 3/15/2043<sup>2,3</sup> | 233951 |
| 117710 | RCKT Mortgage Trust<br> Series 2024-CES2, Class A2, 6.39%, 4/25/2044<sup>2,3,5</sup> | 118698 |
| 1000000 | Regatta XXII Funding Ltd.<br> Series 2022-2A, Class A1R2, 4.93% (3-Month Term SOFR+126 basis points), 1/15/2039<sup>2,3,4</sup> | 999726 |
|  | Retained Vantage Data Centers Issuer LLC |  |
| 582000 | &nbsp;&nbsp;&nbsp;Series 2024-1A, Class A2, 4.99%, 9/15/2049<sup>2,3</sup> | 565833 |
| 103000 | &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2A, 5.09%, 8/15/2050<sup>2,3</sup> | 100828 |
| 196126 | Santander Bank Auto Credit-Linked Notes Series<br> Series 2024-B, Class C, 5.14%, 1/18/2033<sup>2,3</sup> | 197223 |
| 5625 | Santander Drive Auto Receivables Trust<br> Series 2022-5, Class C, 4.74%, 10/16/2028<sup>3</sup> | 5626 |
| 918400 | Slam Ltd.<br> Series 2021-1A, Class A, 2.43%, 6/15/2046<sup>2,3</sup> | 870146 |
| 237548 | SLAM Ltd.<br> Series 2025-1A, Class A, 5.81%, 5/15/2050<sup>2</sup> | 237731 |
|  | SMB Private Education Loan Trust |  |
| 1279 | &nbsp;&nbsp;&nbsp;Series 2017-B, Class A2B, 4.54% (1-Month Term SOFR+86 basis points), 10/15/2035<sup>2,3,4</sup> | 1279 |
| 176534 | &nbsp;&nbsp;&nbsp;Series 2019-B, Class A2B, 4.79% (1-Month Term SOFR+112 basis points), 6/15/2037<sup>2,3,4</sup> | 176629 |
| 421812 | Summit Issuer LLC<br> Series 2025-1A, Class A2, 5.21%, 11/20/2055<sup>2,3</sup> | 417391 |
| 394848 | Taco Bell Funding LLC<br> Series 2025-1A, Class A2II, 5.05%, 8/25/2055<sup>2,3</sup> | 386635 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **ASSET-BACKED SECURITIES (Continued)** |  |
| 336302 | TIF Funding II LLC<br> Series 2021-1A, Class A, 1.65%, 2/20/2046<sup>2,3</sup> | $306773 |
| 283050 | TIF Funding III LLC<br> Series 2024-1A, Class A, 5.48%, 4/20/2049<sup>2,3</sup> | 284246 |
| 205639 | U.S. Bank C&I Credit-Linked Notes<br> Series 2025-SUP2, Class B1, 4.82%, 9/25/2032<sup>2,3</sup> | 203522 |
| 950000 | Voya CLO Ltd.<br> Series 2019-1A, Class A1RR, 5.04% (3-Month Term SOFR+137 basis points), 10/15/2037<sup>2,3,4</sup> | 950166 |
| 527547 | Willis Engine Structured Trust<br> Series 2021-A, Class A, 3.10%, 5/15/2046<sup>2,3</sup> | 496828 |
| 704980 | Zayo Issuer LLC<br> Series 2025-2A, Class A2, 5.95%, 6/20/2055<sup>2,3</sup> | 716524 |
|  | **TOTAL ASSET-BACKED SECURITIES** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $26,259,439) | **25921768** |
|  | **COMMERCIAL MORTGAGE-BACKED SECURITIES — 1.5%** |  |
| 960000 | BANK5<br> Series 2024-5YR12, Class A2, 5.42%, 12/15/2057<sup>3</sup> | 979767 |
| 119284 | BRAVO Residential Funding Trust Series<br> Series 2025-NQM8, Class A1, 5.08%, 6/25/2065<sup>2,3,6</sup> | 118827 |
| 361611 | BX Commercial Mortgage Trust<br> Series 2024-AIR2, Class A, 5.17% (1-Month Term SOFR+149 basis points), 10/15/2041<sup>2,4</sup> | 361950 |
| 162000 | BXHPP Trust FILM<br> Series 2021-FILM, Class C, 4.89% (1-Month Term SOFR+122 basis points), 8/15/2036<sup>2,4</sup> | 146401 |
| 82699 | COLT Mortgage Loan Trust<br> Series 2023-3, Class A2, 7.43%, 9/25/2068<sup>2,3,6</sup> | 83169 |
| 665000 | Eldridge MMPC CLO Ltd.<br> Series 2026-1A, Class A1R, 5.02% (3-Month Term SOFR+140 basis points), 1/15/2037<sup>2,3,4</sup> | 663168 |
| 138000 | Hudson Yards Mortgage Trust<br> Series 2025-SPRL, Class C, 5.95%, 1/13/2040<sup>2,5</sup> | 141399 |
| 763630 | MAPS Trust<br> Series 2026-1A, Class A, 5.20%, 1/15/2051<sup>2,3</sup> | 747468 |
|  | **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,260,740) | **3242149** |
|  | **CORPORATE BONDS — 83.7%** |  |
|  | **COMMUNICATIONS — 5.6%** |  |
|  | Alphabet, Inc. |  |
| 642000 | &nbsp;&nbsp;&nbsp;5.35%, 11/15/2045<sup>3</sup> | 628573 |
| 105000 | &nbsp;&nbsp;&nbsp;5.25%, 5/15/2055<sup>3</sup> | 99464 |
| 424000 | &nbsp;&nbsp;&nbsp;5.65%, 2/15/2056<sup>3</sup> | 423619 |
|  | AT&T, Inc. |  |
| 750000 | &nbsp;&nbsp;&nbsp;4.75%, 5/15/2046<sup>3</sup> | 636336 |
| 1500000 | &nbsp;&nbsp;&nbsp;3.55%, 9/15/2055<sup>3</sup> | 977973 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **COMMUNICATIONS (Continued)** |  |
|  | Charter Communications Operating LLC / Charter Communications Operating Capital |  |
| 1236000 | &nbsp;&nbsp;&nbsp;3.90%, 6/1/2052<sup>3</sup> | $787410 |
| 775000 | &nbsp;&nbsp;&nbsp;6.83%, 10/23/2055<sup>3</sup> | 731209 |
| 1045000 | Comcast Corp.<br> 3.45%, 2/1/2050<sup>3</sup> | 686017 |
| 600000 | Cox Enterprises, Inc.<br> 7.37%, 7/15/2027<sup>2</sup> | 617618 |
| 200000 | Iliad Holding SASU<br> 8.50%, 4/15/2031<sup>2,3,7</sup> | 209214 |
| 316000 | Match Group Holdings II LLC<br> 6.12%, 9/15/2033<sup>2,3</sup> | 306901 |
|  | Meta Platforms, Inc. |  |
| 457000 | &nbsp;&nbsp;&nbsp;5.50%, 11/15/2045<sup>3</sup> | 432985 |
| 335000 | &nbsp;&nbsp;&nbsp;4.45%, 8/15/2052<sup>3</sup> | 264306 |
| 556000 | &nbsp;&nbsp;&nbsp;5.40%, 8/15/2054<sup>3</sup> | 504414 |
| 603000 | &nbsp;&nbsp;&nbsp;5.63%, 11/15/2055<sup>3</sup> | 567048 |
| 595000 | NBN Co., Ltd.<br> 4.25%, 10/1/2029<sup>2,3,7</sup> | 593136 |
|  | Paramount Global |  |
| 374000 | &nbsp;&nbsp;&nbsp;4.20%, 5/19/2032<sup>3</sup> | 320434 |
| 83000 | &nbsp;&nbsp;&nbsp;6.87%, 4/30/2036 | 72822 |
| 465000 | &nbsp;&nbsp;&nbsp;5.85%, 9/1/2043<sup>3</sup> | 322010 |
| 530000 | Prosus N.V.<br> 4.99%, 1/19/2052<sup>2,3,7</sup> | 404923 |
| 489000 | Time Warner Cable LLC<br> 6.55%, 5/1/2037 | 491477 |
|  | Verizon Communications, Inc. |  |
| 840000 | &nbsp;&nbsp;&nbsp;5.75%, 11/30/2045<sup>3</sup> | 819463 |
| 664000 | &nbsp;&nbsp;&nbsp;3.55%, 3/22/2051<sup>3</sup> | 464234 |
| 144000 | &nbsp;&nbsp;&nbsp;5.88%, 11/30/2055<sup>3</sup> | 140265 |
| 600000 | Ziggo Bond Co. B.V.<br> 5.13%, 2/28/2030<sup>2,3,7</sup> | 514777 |
|  |  | **12016628** |
|  | **CONSUMER DISCRETIONARY — 9.5%** |  |
| 155000 | Air Canada<br> 3.88%, 8/15/2026<sup>2,3,7</sup> | 154217 |
| 105437 | Air Canada Class A Pass-Through Trust<br> 5.25%, 10/1/2030<sup>2,7</sup> | 106795 |
|  | Amazon.com, Inc. |  |
| 861000 | &nbsp;&nbsp;&nbsp;5.45%, 11/20/2055<sup>3</sup> | 825631 |
| 146000 | &nbsp;&nbsp;&nbsp;5.80%, 3/13/2056<sup>3</sup> | 146367 |
| 644000 | &nbsp;&nbsp;&nbsp;5.55%, 11/20/2065<sup>3</sup> | 609558 |
| 303000 | American Airlines 2025-1 Class A Pass-Through Trust<br> 4.90%, 11/11/2039 | 290887 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **CONSUMER DISCRETIONARY (Continued)** |  |
|  | American Airlines Class AA Pass-Through Trust |  |
| 152090 | &nbsp;&nbsp;&nbsp;3.65%, 8/15/2030 | $147861 |
| 247733 | &nbsp;&nbsp;&nbsp;3.35%, 4/15/2031 | 239430 |
| 299444 | &nbsp;&nbsp;&nbsp;3.15%, 8/15/2033 | 278847 |
|  | American Airlines, Inc./AAdvantage Loyalty IP Ltd. |  |
| 29083 | &nbsp;&nbsp;&nbsp;5.50%, 4/20/2026<sup>2,7</sup> | 29094 |
| 161000 | &nbsp;&nbsp;&nbsp;5.75%, 4/20/2029<sup>2,7</sup> | 160116 |
| 130000 | American Axle & Manufacturing, Inc.<br> 6.37%, 10/15/2032<sup>2,3</sup> | 128183 |
| 425000 | Asbury Automotive Group, Inc.<br> 5.00%, 2/15/2032<sup>2,3</sup> | 402454 |
| 650000 | Avianca Midco 2 PLC<br> 9.62%, 2/14/2030<sup>2,3,7</sup> | 607750 |
| 418000 | Builders FirstSource, Inc.<br> 6.37%, 3/1/2034<sup>2,3</sup> | 412504 |
|  | Carnival Corp. |  |
| 365000 | &nbsp;&nbsp;&nbsp;5.75%, 8/1/2032<sup>2,3,7</sup> | 364901 |
| 121000 | &nbsp;&nbsp;&nbsp;6.12%, 2/15/2033<sup>2,3,7</sup> | 122228 |
|  | ERAC USA Finance LLC |  |
| 377000 | &nbsp;&nbsp;&nbsp;5.20%, 10/30/2034<sup>2,3</sup> | 382144 |
| 750000 | &nbsp;&nbsp;&nbsp;7.00%, 10/15/2037<sup>2</sup> | 853669 |
|  | Ford Motor Credit Co. LLC |  |
| 735000 | &nbsp;&nbsp;&nbsp;5.80%, 3/8/2029<sup>3</sup> | 743278 |
| 550000 | &nbsp;&nbsp;&nbsp;7.12%, 11/7/2033<sup>3</sup> | 578029 |
| 1360000 | General Motors Co.<br> 5.63%, 4/15/2030<sup>3</sup> | 1398434 |
|  | General Motors Financial Co., Inc. |  |
| 797000 | &nbsp;&nbsp;&nbsp;3.60%, 6/21/2030<sup>3</sup> | 758141 |
| 1213000 | &nbsp;&nbsp;&nbsp;2.35%, 1/8/2031<sup>3</sup> | 1080451 |
| 500000 | Goodyear Tire & Rubber Co.<br> 6.62%, 7/15/2030<sup>3</sup> | 487639 |
| 805000 | Home Depot, Inc.<br> 5.30%, 6/25/2054<sup>3</sup> | 754384 |
| 930000 | International Game Technology PLC<br> 5.25%, 1/15/2029<sup>2,3,7</sup> | 922359 |
| 687000 | Las Vegas Sands Corp.<br> 6.20%, 8/15/2034<sup>3</sup> | 704382 |
| 270000 | Light & Wonder International, Inc.<br> 6.25%, 10/1/2033<sup>2,3</sup> | 264516 |
| 525000 | Lithia Motors, Inc.<br> 5.50%, 10/1/2030<sup>2,3</sup> | 513052 |
| 1033000 | Lowe's Cos., Inc.<br> 4.50%, 10/15/2032<sup>3</sup> | 1015907 |
| 165000 | Macy's Retail Holdings LLC<br> 7.37%, 8/1/2033<sup>2,3</sup> | 168988 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **CONSUMER DISCRETIONARY (Continued)** |  |
| 402000 | Marriott International, Inc.<br> 5.10%, 5/1/2038<sup>3</sup> | $382353 |
|  | NCL Corp. Ltd. |  |
| 584000 | &nbsp;&nbsp;&nbsp;6.25%, 3/1/2030<sup>2,3,7</sup> | 580039 |
| 273000 | &nbsp;&nbsp;&nbsp;5.88%, 1/15/2031<sup>2,3,7</sup> | 263626 |
| 151000 | O'Reilly Automotive, Inc.<br> 5.10%, 3/12/2036<sup>3</sup> | 149120 |
| 500000 | Prime Security Services Borrower LLC / Prime Finance, Inc.<br> 3.38%, 8/31/2027<sup>2,3</sup> | 486538 |
| 735000 | Royal Caribbean Cruises Ltd.<br> 5.38%, 1/15/2036<sup>3,7</sup> | 722831 |
| 530000 | Taylor Morrison Communities, Inc.<br> 5.13%, 8/1/2030<sup>2,3</sup> | 523538 |
|  | United Airlines Class A Pass-Through Trust |  |
| 76192 | &nbsp;&nbsp;&nbsp;5.87%, 4/15/2029 | 77465 |
| 141147 | &nbsp;&nbsp;&nbsp;5.80%, 7/15/2037 | 145349 |
|  | United Airlines Class AA Pass-Through Trust |  |
| 128380 | &nbsp;&nbsp;&nbsp;4.15%, 2/25/2033 | 125575 |
| 445400 | &nbsp;&nbsp;&nbsp;2.70%, 11/1/2033 | 409401 |
| 273000 | United Airlines, Inc.<br> 4.63%, 4/15/2029<sup>2,3</sup> | 267661 |
| 355000 | Volkswagen Group of America Finance LLC<br> 6.45%, 11/16/2030<sup>2,3</sup> | 375496 |
| 400000 | Wynn Macau Ltd.<br> 5.63%, 8/26/2028<sup>2,3,7</sup> | 392866 |
|  |  | **20554054** |
|  | **CONSUMER STAPLES — 5.4%** |  |
| 1112000 | Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC<br> 5.75%, 3/31/2034<sup>2,3</sup> | 1088009 |
| 152000 | Altria Group, Inc.<br> 5.95%, 2/14/2049<sup>3</sup> | 147612 |
| 635000 | Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc.<br> 4.70%, 2/1/2036<sup>3</sup> | 618969 |
|  | BAT Capital Corp. |  |
| 400000 | &nbsp;&nbsp;&nbsp;7.08%, 8/2/2043<sup>3</sup> | 440346 |
| 306000 | &nbsp;&nbsp;&nbsp;5.65%, 3/16/2052<sup>3</sup> | 283904 |
|  | Bimbo Bakeries USA, Inc. |  |
| 376000 | &nbsp;&nbsp;&nbsp;6.40%, 1/15/2034<sup>2,3</sup> | 400612 |
| 352000 | &nbsp;&nbsp;&nbsp;4.00%, 5/17/2051<sup>2,3</sup> | 266891 |
| 1085000 | Bunge Ltd. Finance Corp.<br> 5.15%, 3/19/2036<sup>3</sup> | 1070521 |
| 200000 | Diageo Investment Corp.<br> 5.62%, 4/15/2035<sup>3</sup> | 207490 |
| 515000 | Froneri Lux FinCo SARL<br> 6.00%, 8/1/2032<sup>2,3,7</sup> | 502009 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **CONSUMER STAPLES (Continued)** |  |
| 179000 | HCA, Inc.<br> 5.60%, 4/1/2034<sup>3</sup> | $182673 |
| 133000 | Industrial F&B Investments III, Inc.<br> 7.75%, 2/11/2033<sup>2,3</sup> | 133604 |
| 574000 | J M Smucker Co.<br> 6.50%, 11/15/2053<sup>3</sup> | 597419 |
| 815000 | JBS N.V./JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings<br> 5.50%, 1/15/2036<sup>3,7</sup> | 814495 |
| 206000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc.<br> 3.63%, 1/15/2032<sup>3,7</sup> | 190649 |
| 906000 | Kraft Heinz Foods Co.<br> 4.38%, 6/1/2046<sup>3</sup> | 707744 |
| 151000 | Kroger Co.<br> 5.50%, 9/15/2054<sup>3</sup> | 140511 |
|  | Maple Parent Holdings Corp. |  |
| 242000 | &nbsp;&nbsp;&nbsp;4.75%, 3/26/2029<sup>2,3</sup> | 241995 |
| 221000 | &nbsp;&nbsp;&nbsp;5.70%, 3/26/2036<sup>2,3</sup> | 219757 |
| 229000 | MARB BondCo PLC<br> 3.95%, 1/29/2031<sup>2,3,7</sup> | 202850 |
|  | Mars, Inc. |  |
| 855000 | &nbsp;&nbsp;&nbsp;5.20%, 3/1/2035<sup>2,3</sup> | 863699 |
| 557000 | &nbsp;&nbsp;&nbsp;5.65%, 5/1/2045<sup>2,3</sup> | 550928 |
| 600000 | NBM U.S. Holdings, Inc.<br> 6.62%, 8/6/2029<sup>2,3</sup> | 600141 |
| 730000 | Philip Morris International, Inc.<br> 4.25%, 11/10/2044 | 605382 |
| 535000 | Post Holdings, Inc.<br> 6.37%, 3/1/2033<sup>2,3</sup> | 526715 |
|  |  | **11604925** |
|  | **ENERGY — 9.5%** |  |
| 884000 | BP Capital Markets PLC<br> 6.13% (USD 5 Year Tsy+192 basis points)<sup>3,7,8,9</sup> | 891243 |
| 235000 | Cheniere Energy Partners LP<br> 5.55%, 10/30/2035<sup>3</sup> | 239229 |
| 722000 | Cheniere Energy, Inc.<br> 5.20%, 7/30/2036<sup>2,3</sup> | 714994 |
| 1162000 | CITGO Petroleum Corp.<br> 8.37%, 1/15/2029<sup>2,3</sup> | 1199821 |
| 442000 | Columbia Pipelines Holding Co. LLC<br> 5.00%, 11/17/2032<sup>2,3</sup> | 439117 |
| 92000 | Columbia Pipelines Operating Co. LLC<br> 6.54%, 11/15/2053<sup>2,3</sup> | 96705 |
| 604000 | Coterra Energy, Inc.<br> 5.40%, 2/15/2035<sup>3</sup> | 606198 |
| 424000 | CVR Energy, Inc.<br> 7.87%, 2/15/2034<sup>2,3</sup> | 425381 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **ENERGY (Continued)** |  |
|  | Enbridge, Inc. |  |
| 150000 | &nbsp;&nbsp;&nbsp;6.70%, 11/15/2053<sup>3,7</sup> | $163138 |
| 480000 | &nbsp;&nbsp;&nbsp;7.37% (USD 5 Year Tsy+312 basis points), 3/15/2055<sup>3,7,8</sup> | 504248 |
| 180000 | &nbsp;&nbsp;&nbsp;6.00% (3-Month Term SOFR+415 basis points), 1/15/2077<sup>3,7,10</sup> | 179936 |
|  | Energy Transfer LP |  |
| 275000 | &nbsp;&nbsp;&nbsp;5.40%, 10/1/2047<sup>3</sup> | 244735 |
| 500000 | &nbsp;&nbsp;&nbsp;6.25%, 4/15/2049<sup>3</sup> | 490879 |
| 241000 | Eni S.p.A.<br> 5.95%, 5/15/2054<sup>2,3,7</sup> | 240130 |
|  | Enterprise Products Operating LLC |  |
| 475000 | &nbsp;&nbsp;&nbsp;6.45%, 9/1/2040 | 522296 |
| 366000 | &nbsp;&nbsp;&nbsp;3.30%, 2/15/2053<sup>3</sup> | 242317 |
| 126000 | &nbsp;&nbsp;&nbsp;5.38% (3-Month Term SOFR+283 basis points), 2/15/2078<sup>3,10</sup> | 124684 |
| 1000000 | Exxon Mobil Corp<br> 1.41%, 6/26/2039<sup>3</sup> | 832322 |
|  | Global Partners LP / GLP Finance Corp. |  |
| 68000 | &nbsp;&nbsp;&nbsp;6.87%, 1/15/2029<sup>3</sup> | 68046 |
| 518000 | &nbsp;&nbsp;&nbsp;8.25%, 1/15/2032<sup>2,3</sup> | 535488 |
| 170000 | &nbsp;&nbsp;&nbsp;7.12%, 7/1/2033<sup>2,3</sup> | 171353 |
| 303000 | Harbour Energy PLC<br> 6.33%, 4/1/2035<sup>2,3,7</sup> | 310568 |
| 130000 | Hess Midstream Operations LP<br> 5.13%, 6/15/2028<sup>2,3</sup> | 129607 |
|  | Howard Midstream Energy Partners LLC |  |
| 59000 | &nbsp;&nbsp;&nbsp;7.37%, 7/15/2032<sup>2,3</sup> | 61007 |
| 149000 | &nbsp;&nbsp;&nbsp;6.63%, 1/15/2034<sup>2,3</sup> | 149524 |
| 540000 | Ithaca Energy North Sea PLC<br> 8.12%, 10/15/2029<sup>2,3,7</sup> | 553553 |
| 420000 | Medco Cypress Tree Pte Ltd.<br> 8.62%, 5/19/2030<sup>2,3,7</sup> | 431228 |
| 983000 | MPLX LP<br> 4.90%, 4/15/2058<sup>3</sup> | 790653 |
|  | NGPL PipeCo LLC |  |
| 820000 | &nbsp;&nbsp;&nbsp;4.88%, 8/15/2027<sup>2,3</sup> | 821636 |
| 737000 | &nbsp;&nbsp;&nbsp;7.77%, 12/15/2037<sup>2</sup> | 853750 |
| 1075000 | Occidental Petroleum Corp.<br> 4.40%, 4/15/2046<sup>3</sup> | 849170 |
| 400000 | Petroleos del Peru S.A.<br> 4.75%, 6/19/2032<sup>2,7</sup> | 317000 |
| 238000 | Phillips 66<br> 4.88%, 11/15/2044<sup>3</sup> | 206911 |
| 153000 | Plains All American Pipeline LP / PAA Finance Corp.<br> 4.70%, 1/15/2031<sup>3</sup> | 152587 |
| 200000 | Repsol E&P Capital Markets U.S. LLC<br> 5.98%, 9/16/2035<sup>2,3</sup> | 203580 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **ENERGY (Continued)** |  |
| 250000 | Saudi Arabian Oil Co.<br> 5.75%, 7/17/2054<sup>2,3,7</sup> | $229577 |
| 525000 | SM Energy Co.<br> 8.75%, 7/1/2031<sup>2,3</sup> | 548623 |
| 234000 | South Bow USA Infrastructure Holdings LLC<br> 5.58%, 10/1/2034<sup>3</sup> | 232646 |
| 809000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp.<br> 5.50%, 3/1/2030<sup>3</sup> | 816480 |
|  | TotalEnergies Capital S.A. |  |
| 277000 | &nbsp;&nbsp;&nbsp;5.49%, 4/5/2054<sup>3,7</sup> | 265990 |
| 635000 | &nbsp;&nbsp;&nbsp;5.43%, 9/10/2064<sup>3,7</sup> | 591177 |
| 736000 | TransCanada PipeLines Ltd.<br> 7.00% (USD 5 Year Tsy+262 basis points), 6/1/2065<sup>3,7,8</sup> | 746936 |
|  | Venture Global Plaquemines LNG LLC |  |
| 651000 | &nbsp;&nbsp;&nbsp;6.13%, 12/15/2030<sup>2,3</sup> | 668336 |
| 561000 | &nbsp;&nbsp;&nbsp;6.75%, 1/15/2036<sup>2,3</sup> | 594204 |
| 800000 | Williams Cos., Inc.<br> 4.90%, 1/15/2045<sup>3</sup> | 701162 |
| 322000 | YPF S.A.<br> 8.25%, 1/17/2034<sup>2,3,7</sup> | 328002 |
|  |  | **20486167** |
|  | **FINANCIALS — 24.8%** |  |
|  | AerCap Ireland Capital DAC / AerCap Global Aviation Trust |  |
| 669000 | &nbsp;&nbsp;&nbsp;3.30%, 1/30/2032<sup>3,7</sup> | 607647 |
| 150000 | &nbsp;&nbsp;&nbsp;6.95% (USD 5 Year Tsy+272 basis points), 3/10/2055<sup>3,7,8</sup> | 153656 |
| 175000 | &nbsp;&nbsp;&nbsp;6.50% (USD 5 Year Tsy+244 basis points), 1/31/2056<sup>3,7,8</sup> | 175159 |
| 156000 | Aircastle Ltd. / Aircastle Ireland DAC<br> 5.75%, 10/1/2031<sup>2,3,7</sup> | 159750 |
| 200000 | Allianz S.E.<br> 3.20% (USD 5 Year Tsy+216 basis points)<sup>2,3,7,8,9,11</sup> | 186358 |
| 175000 | Allstate Corp.<br> 6.50% (3-Month USD Libor+212 basis points), 5/15/2067<sup>3,10</sup> | 178385 |
| 715000 | Ally Financial, Inc.<br> 4.70% (USD 5 Year Tsy+387 basis points)<sup>3,8,9</sup> | 708122 |
|  | Apollo Debt Solutions BDC |  |
| 529000 | &nbsp;&nbsp;&nbsp;5.20%, 12/8/2028<sup>2,3</sup> | 522459 |
| 133000 | &nbsp;&nbsp;&nbsp;5.70%, 1/23/2031<sup>2,3</sup> | 129763 |
| 1225000 | Athene Global Funding<br> 5.54%, 8/22/2035<sup>2</sup> | 1198245 |
| 400000 | Banco Santander S.A.<br> 5.59%, 8/8/2028<sup>7</sup> | 409737 |
|  | Bank of America Corp. |  |
| 1895000 | &nbsp;&nbsp;&nbsp;2.97% (SOFR+133 basis points), 2/4/2033<sup>3,10</sup> | 1714575 |
| 965000 | &nbsp;&nbsp;&nbsp;5.87% (SOFR+184 basis points), 9/15/2034<sup>3,10</sup> | 1010821 |
| 384000 | &nbsp;&nbsp;&nbsp;5.47% (SOFR+165 basis points), 1/23/2035<sup>3,10</sup> | 391407 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **FINANCIALS (Continued)** |  |
| 1055000 | &nbsp;&nbsp;&nbsp;5.51% (SOFR+131 basis points), 1/24/2036<sup>3,10</sup> | $1076408 |
| 799000 | &nbsp;&nbsp;&nbsp;5.74% (SOFR+170 basis points), 2/12/2036<sup>3,10</sup> | 813297 |
| 200000 | &nbsp;&nbsp;&nbsp;5.88%, 2/7/2042 | 206086 |
| 599000 | Bank of Montreal<br> 7.30% (USD 5 Year Tsy+301 basis points), 11/26/2084<sup>3,7,8</sup> | 612902 |
| 1250000 | Bank of Nova Scotia<br> 7.35% (USD 5 Year Tsy+290 basis points), 4/27/2085<sup>3,7,8</sup> | 1262080 |
| 354000 | Barclays PLC<br> 5.86% (SOFR+183 basis points), 8/11/2046<sup>3,7,10</sup> | 349137 |
| 853000 | Blackstone Private Credit Fund<br> 5.35%, 3/12/2031<sup>3</sup> | 810434 |
| 580000 | Blackstone Secured Lending Fund<br> 5.25%, 9/4/2029<sup>3</sup> | 568219 |
| 115000 | Brown & Brown, Inc.<br> 5.55%, 6/23/2035<sup>3</sup> | 114912 |
| 493000 | Canadian Imperial Bank of Commerce<br> 6.50% (USD 5 Year Tsy+273 basis points), 7/28/2086<sup>3,7,8</sup> | 481951 |
|  | Capital One Financial Corp. |  |
| 600000 | &nbsp;&nbsp;&nbsp;7.62% (SOFR+307 basis points), 10/30/2031<sup>3,10</sup> | 662798 |
| 1077000 | &nbsp;&nbsp;&nbsp;5.20% (SOFR+163 basis points), 9/11/2036<sup>3,10</sup> | 1043838 |
|  | Citigroup, Inc. |  |
| 779000 | &nbsp;&nbsp;&nbsp;5.45% (SOFR+145 basis points), 6/11/2035<sup>3,10</sup> | 790278 |
| 658000 | &nbsp;&nbsp;&nbsp;6.02% (SOFR+183 basis points), 1/24/2036<sup>3,10</sup> | 671903 |
| 672000 | &nbsp;&nbsp;&nbsp;6.75% (USD 5 Year Tsy+257 basis points)<sup>3,8,9</sup> | 671747 |
|  | Citizens Financial Group, Inc. |  |
| 103000 | &nbsp;&nbsp;&nbsp;5.84% (SOFR+201 basis points), 1/23/2030<sup>3,10</sup> | 106061 |
| 798000 | &nbsp;&nbsp;&nbsp;6.64% (SOFR+232 basis points), 4/25/2035<sup>3,10</sup> | 856123 |
|  | Corebridge Financial, Inc. |  |
| 31000 | &nbsp;&nbsp;&nbsp;5.75%, 1/15/2034<sup>3</sup> | 31809 |
| 328000 | &nbsp;&nbsp;&nbsp;6.38% (USD 5 Year Tsy+265 basis points), 9/15/2054<sup>3,8</sup> | 322333 |
| 429000 | &nbsp;&nbsp;&nbsp;6.87% (USD 5 Year Tsy+318 basis points)<sup>3,8,9</sup> | 437034 |
| 694000 | Cousins Properties LP<br> 5.38%, 2/15/2032<sup>3</sup> | 698478 |
| 715000 | CubeSmart LP<br> 5.13%, 11/1/2035<sup>3</sup> | 705118 |
| 265000 | Extra Space Storage LP<br> 2.35%, 3/15/2032<sup>3</sup> | 227418 |
| 1050000 | Farmers Insurance Exchange<br> 4.75% (3-Month USD Libor+323 basis points), 11/1/2057<sup>2,3,10</sup> | 880169 |
| 687000 | Fidelity National Information Services, Inc.<br> 4.80%, 3/10/2031<sup>3</sup> | 681423 |
| 407000 | First Industrial LP<br> 5.25%, 1/15/2031<sup>3</sup> | 410943 |
| 172000 | FTAI Aviation Investors LLC<br> 5.88%, 4/15/2033<sup>2,3</sup> | 168238 |
|  | Global Payments, Inc. |  |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **FINANCIALS (Continued)** |  |
| 450000 | &nbsp;&nbsp;&nbsp;5.40%, 8/15/2032<sup>3</sup> | $446311 |
| 264000 | &nbsp;&nbsp;&nbsp;5.55%, 11/15/2035<sup>3</sup> | 254472 |
| 338000 | Goldman Sachs BDC, Inc.<br> 5.10%, 1/28/2029<sup>3</sup> | 328268 |
|  | Goldman Sachs Group, Inc. |  |
| 790000 | &nbsp;&nbsp;&nbsp;5.68% (3-Month Term SOFR+201 basis points), 10/28/2027<sup>3,4</sup> | 795843 |
| 1640000 | &nbsp;&nbsp;&nbsp;1.99% (SOFR+109 basis points), 1/27/2032<sup>3,10</sup> | 1438856 |
| 250000 | &nbsp;&nbsp;&nbsp;6.75%, 10/1/2037 | 269546 |
| 391000 | &nbsp;&nbsp;&nbsp;5.56% (SOFR+158 basis points), 11/19/2045<sup>3,10</sup> | 376393 |
| 519000 | &nbsp;&nbsp;&nbsp;5.73% (SOFR+170 basis points), 1/28/2056<sup>3,10</sup> | 507209 |
| 232000 | High Street Funding Trust II<br> 4.68%, 2/15/2048<sup>2,3</sup> | 195268 |
| 302000 | Highwoods Realty LP<br> 5.35%, 1/15/2033<sup>3</sup> | 294934 |
|  | HSBC Holdings PLC |  |
| 224000 | &nbsp;&nbsp;&nbsp;4.95%, 3/31/2030<sup>7</sup> | 226688 |
| 549000 | &nbsp;&nbsp;&nbsp;7.00% (USD 5 Year Tsy+280 basis points)<sup>3,7,8,9</sup> | 543808 |
| 398000 | ING Groep N.V.<br> 7.00% (SOFR Swap 5 year+359 basis points)<sup>3,7,9,10</sup> | 398498 |
| 325000 | Iron Mountain, Inc.<br> 6.25%, 1/15/2033<sup>2,3</sup> | 323995 |
|  | JPMorgan Chase & Co. |  |
| 581000 | &nbsp;&nbsp;&nbsp;5.35% (SOFR+184 basis points), 6/1/2034<sup>3,10</sup> | 592630 |
| 1009000 | &nbsp;&nbsp;&nbsp;5.34% (SOFR+162 basis points), 1/23/2035<sup>3,10</sup> | 1024544 |
| 307000 | &nbsp;&nbsp;&nbsp;5.50% (SOFR+131 basis points), 1/24/2036<sup>3,10</sup> | 314606 |
| 514000 | &nbsp;&nbsp;&nbsp;5.58% (SOFR+163 basis points), 7/23/2036<sup>3,10</sup> | 522731 |
| 703000 | &nbsp;&nbsp;&nbsp;5.19% (SOFR+130 basis points), 2/5/2037<sup>3,10</sup> | 691157 |
| 342000 | Kilroy Realty LP<br> 5.88%, 10/15/2035<sup>3</sup> | 329806 |
| 930000 | Liberty Mutual Group, Inc.<br> 3.95%, 10/15/2050<sup>2,3</sup> | 675866 |
| 341000 | Lincoln National Corp.<br> 5.85%, 3/15/2034<sup>3</sup> | 347218 |
| 452000 | Lloyds Banking Group PLC<br> 5.59% (USD 1 Year Tsy+120 basis points), 11/26/2035<sup>3,7,10</sup> | 460100 |
| 210000 | Lseg U.S. Fin Corp.<br> 5.25%, 3/23/2036<sup>2,3</sup> | 208101 |
| 401000 | M&T Bank Corp.<br> 5.18% (SOFR+140 basis points), 7/8/2031<sup>3,10</sup> | 405231 |
|  | Macquarie Airfinance Holdings Ltd. |  |
| 848000 | &nbsp;&nbsp;&nbsp;5.15%, 3/17/2030<sup>2,3,7</sup> | 843637 |
| 59000 | &nbsp;&nbsp;&nbsp;6.50%, 3/26/2031<sup>2,3,7</sup> | 61786 |
| 236000 | Massachusetts Mutual Life Insurance Co.<br> 4.90%, 4/1/2077<sup>2</sup> | 186972 |
|  | MetLife, Inc. |  |
| 1219000 | &nbsp;&nbsp;&nbsp;9.25%, 4/8/2038<sup>2,3</sup> | 1428772 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **FINANCIALS (Continued)** |  |
| 333000 | &nbsp;&nbsp;&nbsp;10.75%, 8/1/2039<sup>3</sup> | $431644 |
| 550000 | &nbsp;&nbsp;&nbsp;6.40%, 12/15/2066<sup>3</sup> | 561383 |
|  | Morgan Stanley |  |
| 575000 | &nbsp;&nbsp;&nbsp;4.89% (SOFR+208 basis points), 7/20/2033<sup>3,10</sup> | 571418 |
| 1415000 | &nbsp;&nbsp;&nbsp;6.63% (SOFR+205 basis points), 11/1/2034<sup>3,10</sup> | 1542073 |
| 535000 | &nbsp;&nbsp;&nbsp;5.31% (USD 5 Year Tsy+117 basis points), 1/18/2041<sup>3,8</sup> | 516734 |
| 260000 | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer<br> 7.00%, 2/1/2030<sup>2,3</sup> | 263089 |
|  | Phillips Edison Grocery Center Operating Partnership I LP |  |
| 490000 | &nbsp;&nbsp;&nbsp;5.25%, 8/15/2032<sup>3</sup> | 492085 |
| 80000 | &nbsp;&nbsp;&nbsp;5.75%, 7/15/2034<sup>3</sup> | 82090 |
| 244000 | &nbsp;&nbsp;&nbsp;4.95%, 1/15/2035<sup>3</sup> | 236280 |
| 281000 | Pine Street Trust III<br> 6.22%, 5/15/2054<sup>2,3</sup> | 280607 |
|  | PNC Financial Services Group, Inc. |  |
| 309000 | &nbsp;&nbsp;&nbsp;5.37% (SOFR+142 basis points), 7/21/2036<sup>3,10</sup> | 310571 |
| 289000 | &nbsp;&nbsp;&nbsp;5.42% (USD 5 Year Tsy+117 basis points), 1/25/2041<sup>3,8</sup> | 283280 |
| 379000 | &nbsp;&nbsp;&nbsp;5.00% (3-Month Term SOFR+356 basis points)<sup>3,9,10,11</sup> | 377270 |
| 227000 | Prologis LP<br> 5.25%, 3/15/2054<sup>3</sup> | 212236 |
| 212000 | Regency Centers LP<br> 4.50%, 3/15/2033<sup>3</sup> | 206762 |
| 900000 | Royal Bank of Canada<br> 7.50% (USD 5 Year Tsy+289 basis points), 5/2/2084<sup>3,7,8</sup> | 921581 |
| 572000 | Sabra Health Care LP<br> 3.20%, 12/1/2031<sup>3</sup> | 516344 |
| 78000 | Santander Holdings USA, Inc.<br> 6.50% (SOFR+236 basis points), 3/9/2029<sup>3,10</sup> | 80420 |
| 462000 | SBA Tower Trust<br> 2.59%, 10/15/2031<sup>2,3</sup> | 413351 |
| 159000 | Simon Property Group LP<br> 5.85%, 3/8/2053<sup>3</sup> | 158774 |
| 278000 | State Street Corp.<br> 6.70% (USD 5 Year Tsy+261 basis points)<sup>3,8,9</sup> | 282337 |
| 350000 | Toronto-Dominion Bank<br> 7.25% (USD 5 Year Tsy+298 basis points), 7/31/2084<sup>3,7,8</sup> | 355816 |
|  | Truist Financial Corp. |  |
| 96000 | &nbsp;&nbsp;&nbsp;7.16% (SOFR+245 basis points), 10/30/2029<sup>3,10</sup> | 102021 |
| 66000 | &nbsp;&nbsp;&nbsp;5.87% (SOFR+236 basis points), 6/8/2034<sup>3,10</sup> | 68746 |
| 1232000 | &nbsp;&nbsp;&nbsp;6.67% (USD 5 Year Tsy+300 basis points)<sup>3,8,9,11</sup> | 1229621 |
|  | U.S. Bancorp |  |
| 94000 | &nbsp;&nbsp;&nbsp;5.84% (SOFR+226 basis points), 6/12/2034<sup>3,10</sup> | 98156 |
| 265000 | &nbsp;&nbsp;&nbsp;5.68% (SOFR+186 basis points), 1/23/2035<sup>3,10</sup> | 273823 |
|  | UBS Group A.G. |  |
| 250000 | &nbsp;&nbsp;&nbsp;3.09% (SOFR+173 basis points), 5/14/2032<sup>2,3,7,10</sup> | 229205 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **FINANCIALS (Continued)** |  |
| 200000 | &nbsp;&nbsp;&nbsp;5.70% (USD 1 Year Tsy+177 basis points), 2/8/2035<sup>2,3,7,8</sup> | $205152 |
| 325000 | &nbsp;&nbsp;&nbsp;5.58% (SOFR+176 basis points), 5/9/2036<sup>2,3,7,10</sup> | 330386 |
|  | Vornado Realty LP |  |
| 475000 | &nbsp;&nbsp;&nbsp;2.15%, 6/1/2026<sup>3</sup> | 472321 |
| 333000 | &nbsp;&nbsp;&nbsp;5.75%, 2/1/2033<sup>3</sup> | 326832 |
|  | Wells Fargo & Co. |  |
| 535000 | &nbsp;&nbsp;&nbsp;6.49% (SOFR+206 basis points), 10/23/2034<sup>3,10</sup> | 579014 |
| 1200000 | &nbsp;&nbsp;&nbsp;5.50% (SOFR+178 basis points), 1/23/2035<sup>3,10</sup> | 1221906 |
| 1000000 | &nbsp;&nbsp;&nbsp;4.75%, 12/7/2046 | 839995 |
| 577000 | Western Alliance Bank<br> 6.54% (USD 5 Year Tsy+285 basis points), 11/15/2035<sup>3,8</sup> | 565131 |
|  |  | **53338921** |
|  | **GOVERNMENTS — 3.8%** |  |
| 325000 | Argentine Republic Government International Bond<br> 3.50%, 7/9/2041<sup>3,6,7</sup> | 216125 |
| 578000 | Brazilian Government International Bond<br> 6.25%, 5/22/2036<sup>7</sup> | 566261 |
| 327000 | Colombia Government International Bond<br> 5.63%, 2/19/2036<sup>3</sup> | 345246 |
| 290000 | Corp Andina de Fomento<br> 6.75% (SOFR Swap 5 year+312 basis points)<sup>2,3,7,8,9</sup> | 296525 |
| 585000 | Eagle Funding Luxco Sarl<br> 5.50%, 8/17/2030<sup>2,3,7</sup> | 586345 |
| 1034000 | Indonesia Government International Bond<br> 4.95%, 2/21/2036<sup>3,7</sup> | 996246 |
| 461000 | Israel Government International Bond<br> 5.75%, 3/12/2054<sup>7</sup> | 428496 |
|  | Mexico Government International Bond |  |
| 1494000 | &nbsp;&nbsp;&nbsp;6.87%, 5/13/2037<sup>3,7</sup> | 1555134 |
| 360000 | &nbsp;&nbsp;&nbsp;6.62%, 1/29/2038<sup>3,7</sup> | 364903 |
| 344000 | &nbsp;&nbsp;&nbsp;6.12%, 2/9/2038<sup>3,7</sup> | 335228 |
| 305000 | Panama Government International Bond<br> 5.66%, 2/23/2038<sup>3,7</sup> | 292571 |
| 309000 | Peruvian Government International Bond<br> 5.88%, 8/8/2054<sup>3,7</sup> | 297073 |
| 275000 | Republic of South Africa Government International Bond<br> 7.25%, 12/11/2055<sup>2,7</sup> | 251460 |
| 730000 | Romanian Government International Bond<br> 5.75%, 3/24/2035<sup>2,7</sup> | 689988 |
| 932000 | Saudi Government International Bond<br> 5.88%, 1/12/2056<sup>2,7</sup> | 892421 |
|  |  | **8114022** |
|  | **HEALTH CARE — 4.6%** |  |
| 1239000 | Abbott Laboratories<br> 5.60%, 3/15/2066<sup>3</sup> | 1208071 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **HEALTH CARE (Continued)** |  |
| 762000 | Adventist Health System/West<br> 4.74%, 12/1/2030<sup>3</sup> | $754587 |
|  | Amgen, Inc. |  |
| 61000 | &nbsp;&nbsp;&nbsp;5.25%, 3/2/2030<sup>3</sup> | 62639 |
| 146000 | &nbsp;&nbsp;&nbsp;5.65%, 3/2/2053<sup>3</sup> | 141758 |
| 311000 | Augusta SpinCo Corp.<br> 4.94%, 3/23/2033<sup>3</sup> | 309757 |
| 1000000 | Bayer U.S. Finance II LLC<br> 4.63%, 6/25/2038<sup>2,3</sup> | 893542 |
| 247000 | Bayer U.S. Finance LLC<br> 6.50%, 11/21/2033<sup>2,3</sup> | 262789 |
| 864000 | Bristol-Myers Squibb Co.<br> 5.55%, 2/22/2054<sup>3</sup> | 833915 |
|  | Cigna Group |  |
| 595000 | &nbsp;&nbsp;&nbsp;4.90%, 12/15/2048<sup>3</sup> | 516957 |
| 184000 | &nbsp;&nbsp;&nbsp;6.00%, 1/15/2056<sup>3</sup> | 184668 |
| 187000 | CommonSpirit Health<br> 5.58%, 9/1/2045<sup>3</sup> | 180245 |
| 322000 | CVS Health Corp.<br> 6.00%, 6/1/2044<sup>3</sup> | 317100 |
| 625000 | Eli Lilly & Co.<br> 5.50%, 2/12/2055<sup>3</sup> | 614800 |
| 595000 | HCA, Inc.<br> 6.20%, 3/1/2055<sup>3</sup> | 591006 |
| 206000 | Novartis Capital Corp.<br> 4.70%, 9/18/2054<sup>3</sup> | 180300 |
|  | Royalty Pharma PLC |  |
| 829000 | &nbsp;&nbsp;&nbsp;2.20%, 9/2/2030<sup>3,7</sup> | 746334 |
| 320000 | &nbsp;&nbsp;&nbsp;2.15%, 9/2/2031<sup>3,7</sup> | 278934 |
| 323000 | STERIS Irish FinCo UnLtd Co.<br> 2.70%, 3/15/2031<sup>3,7</sup> | 293151 |
|  | Takeda Pharmaceutical Co., Ltd. |  |
| 651000 | &nbsp;&nbsp;&nbsp;5.30%, 7/5/2034<sup>3,7</sup> | 658850 |
| 545000 | &nbsp;&nbsp;&nbsp;3.18%, 7/9/2050<sup>3,7</sup> | 358886 |
|  | UnitedHealth Group, Inc. |  |
| 397000 | &nbsp;&nbsp;&nbsp;3.05%, 5/15/2041<sup>3</sup> | 294629 |
| 253000 | &nbsp;&nbsp;&nbsp;5.95%, 6/15/2055<sup>3</sup> | 254658 |
|  |  | **9937576** |
|  | **INDUSTRIALS — 3.8%** |  |
| 119000 | AGCO Corp.<br> 5.80%, 3/21/2034<sup>3</sup> | 121807 |
|  | Ashtead Capital, Inc. |  |
| 422000 | &nbsp;&nbsp;&nbsp;4.00%, 5/1/2028<sup>2,3</sup> | 416017 |
| 201000 | &nbsp;&nbsp;&nbsp;5.95%, 10/15/2033<sup>2,3</sup> | 207015 |
|  | Boeing Co. |  |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **INDUSTRIALS (Continued)** |  |
| 556000 | &nbsp;&nbsp;&nbsp;5.80%, 5/1/2050<sup>3</sup> | $538557 |
| 193000 | &nbsp;&nbsp;&nbsp;6.86%, 5/1/2054<sup>3</sup> | 212849 |
| 1040000 | CSX Corp.<br> 4.90%, 3/15/2055<sup>3</sup> | 921234 |
|  | Fedex Freight Holding Co., Inc. |  |
| 372000 | &nbsp;&nbsp;&nbsp;4.65%, 3/15/2031<sup>2,3</sup> | 365370 |
| 115000 | &nbsp;&nbsp;&nbsp;4.95%, 3/15/2033<sup>2,3</sup> | 112216 |
| 1093000 | GE Vernova, Inc.<br> 4.88%, 2/4/2036<sup>3</sup> | 1083930 |
| 176000 | GFL Environmental Holdings US, Inc.<br> 5.50%, 2/1/2034<sup>2,3</sup> | 172694 |
| 538000 | Herc Holdings, Inc.<br> 5.75%, 3/15/2031<sup>2,3</sup> | 529552 |
| 985000 | Honeywell Aerospace, Inc.<br> 5.73%, 3/16/2056<sup>2,3</sup> | 976563 |
| 136000 | Norfolk Southern Corp.<br> 5.55%, 3/15/2034<sup>3</sup> | 141082 |
| 414000 | Rolls-Royce PLC<br> 5.75%, 10/15/2027<sup>2,3,7</sup> | 420472 |
| 367000 | Ryder System, Inc.<br> 6.60%, 12/1/2033<sup>3</sup> | 402241 |
| 200000 | Siemens Funding B.V.<br> 5.80%, 5/28/2055<sup>2,3,7</sup> | 203581 |
| 175000 | Terex Corp.<br> 6.25%, 10/15/2032<sup>2,3</sup> | 175632 |
| 200000 | TK Elevator U.S. Newco, Inc.<br> 5.25%, 7/15/2027<sup>2,3</sup> | 199474 |
| 52000 | TransDigm, Inc.<br> 6.75%, 8/15/2028<sup>2,3</sup> | 52634 |
| 160000 | Triton Container International Ltd.<br> 3.15%, 6/15/2031<sup>2,3,7</sup> | 144684 |
| 200000 | Union Pacific Corp.<br> 3.84%, 3/20/2060<sup>3</sup> | 141836 |
|  | United Parcel Service, Inc. |  |
| 390000 | &nbsp;&nbsp;&nbsp;5.95%, 5/14/2055<sup>3</sup> | 393307 |
| 277000 | &nbsp;&nbsp;&nbsp;6.05%, 5/14/2065<sup>3</sup> | 278936 |
|  |  | **8211683** |
|  | **MATERIALS — 3.1%** |  |
| 200000 | Alcoa Nederland Holding B.V.<br> 7.12%, 3/15/2031<sup>2,3,7</sup> | 209187 |
| 525000 | Anglo American Capital PLC<br> 5.75%, 4/5/2034<sup>2,3,7</sup> | 540022 |
| 553000 | Ball Corp.<br> 6.00%, 6/15/2029<sup>3</sup> | 560904 |
| 200000 | Cemex S.A.B. de C.V.<br> 7.20% (USD 5 Year Tsy+352 basis points)<sup>2,3,7,8,9</sup> | 202500 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **MATERIALS (Continued)** |  |
| 487000 | Corp Nacional del Cobre de Chile<br> 6.33%, 1/13/2035<sup>2,3,7</sup> | $507551 |
| 675000 | Eldorado Intl. Finance GmbH<br> 8.50%, 12/1/2032<sup>2,3,7</sup> | 677761 |
| 200000 | First Quantum Minerals Ltd.<br> 6.38%, 2/15/2036<sup>2,3,7</sup> | 192268 |
|  | FMC Corp. |  |
| 486000 | &nbsp;&nbsp;&nbsp;5.65%, 5/18/2033<sup>3</sup> | 428459 |
| 340000 | &nbsp;&nbsp;&nbsp;8.45% (USD 5 Year Tsy+437 basis points), 11/1/2055<sup>3,8</sup> | 218993 |
| 220000 | Glencore Funding LLC<br> 5.89%, 4/4/2054<sup>2,3</sup> | 215472 |
| 161000 | LYB International Finance III LLC<br> 5.13%, 1/15/2031<sup>3</sup> | 161214 |
| 276000 | Mosaic Co.<br> 4.60%, 11/15/2030<sup>3</sup> | 273811 |
| 271000 | Olin Corp.<br> 6.62%, 4/1/2033<sup>2,3</sup> | 265067 |
|  | Rio Tinto Finance USA PLC |  |
| 617000 | &nbsp;&nbsp;&nbsp;5.75%, 3/14/2055<sup>3,7</sup> | 616280 |
| 214000 | &nbsp;&nbsp;&nbsp;5.88%, 3/14/2065<sup>3,7</sup> | 213017 |
| 200000 | Smurfit Kappa Treasury ULC<br> 5.44%, 4/3/2034<sup>3,7</sup> | 202642 |
| 430000 | Smyrna Ready Mix Concrete LLC<br> 8.87%, 11/15/2031<sup>2,3</sup> | 443155 |
| 400000 | Solvay Finance America LLC<br> 5.85%, 6/4/2034<sup>2,3</sup> | 407573 |
| 313000 | Suzano Austria GmbH<br> 3.75%, 1/15/2031<sup>3,7</sup> | 291035 |
| 146000 | Vale Overseas Ltd.<br> 6.40%, 6/28/2054<sup>3,7</sup> | 147562 |
|  |  | **6774473** |
|  | **TECHNOLOGY — 4.6%** |  |
|  | Broadcom, Inc. |  |
| 1125000 | &nbsp;&nbsp;&nbsp;3.47%, 4/15/2034<sup>3</sup> | 1013587 |
| 1030000 | &nbsp;&nbsp;&nbsp;3.19%, 11/15/2036<sup>2,3</sup> | 861467 |
| 272000 | &nbsp;&nbsp;&nbsp;5.70%, 1/15/2056<sup>3</sup> | 269934 |
| 98000 | Dell International LLC / EMC Corp.<br> 8.35%, 7/15/2046<sup>3</sup> | 121442 |
|  | Foundry JV Holdco LLC |  |
| 200000 | &nbsp;&nbsp;&nbsp;5.90%, 1/25/2033<sup>2,3</sup> | 205737 |
| 500000 | &nbsp;&nbsp;&nbsp;6.30%, 1/25/2039<sup>2,3</sup> | 519086 |
| 804000 | Hewlett Packard Enterprise Co.<br> 5.00%, 10/15/2034<sup>3</sup> | 778745 |
| 313000 | IBM International Capital Pte Ltd.<br> 5.30%, 2/5/2054<sup>3,7</sup> | 278794 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **TECHNOLOGY (Continued)** |  |
|  | Intel Corp. |  |
| 724000 | &nbsp;&nbsp;&nbsp;5.15%, 2/21/2034<sup>3</sup> | $722236 |
| 234000 | &nbsp;&nbsp;&nbsp;5.70%, 2/10/2053<sup>3</sup> | 215928 |
| 209000 | Jabil, Inc.<br> 4.75%, 2/1/2033<sup>3</sup> | 203561 |
|  | Micron Technology, Inc. |  |
| 109000 | &nbsp;&nbsp;&nbsp;5.30%, 1/15/2031<sup>3</sup> | 114065 |
| 166000 | &nbsp;&nbsp;&nbsp;2.70%, 4/15/2032<sup>3</sup> | 149772 |
| 510000 | &nbsp;&nbsp;&nbsp;5.87%, 9/15/2033<sup>3</sup> | 545431 |
| 151000 | Microsoft Corp.<br> 2.68%, 6/1/2060<sup>3</sup> | 84539 |
| 113000 | OAK-Eagle Acquireco, Inc.<br> 7.25%, 7/1/2033<sup>2,3</sup> | 117229 |
|  | Oracle Corp. |  |
| 500000 | &nbsp;&nbsp;&nbsp;3.85%, 7/15/2036<sup>3</sup> | 414592 |
| 458000 | &nbsp;&nbsp;&nbsp;3.60%, 4/1/2040<sup>3</sup> | 332339 |
| 780000 | &nbsp;&nbsp;&nbsp;4.00%, 7/15/2046<sup>3</sup> | 524517 |
| 440000 | &nbsp;&nbsp;&nbsp;5.37%, 9/27/2054<sup>3</sup> | 340890 |
| 500000 | &nbsp;&nbsp;&nbsp;5.95%, 9/26/2055<sup>3</sup> | 421397 |
| 687000 | &nbsp;&nbsp;&nbsp;6.70%, 2/4/2056<sup>3</sup> | 636084 |
| 437000 | Salesforce, Inc.<br> 6.55%, 3/15/2056<sup>3</sup> | 439530 |
| 768000 | VMware, Inc.<br> 2.20%, 8/15/2031<sup>3</sup> | 674242 |
|  |  | **9985144** |
|  | **UTILITIES — 9.0%** |  |
| 443417 | AES Panama Generation Holdings SRL<br> 4.38%, 5/31/2030<sup>2,3,7</sup> | 410449 |
| 265000 | Alliant Energy Corp.<br> 5.75% (USD 5 Year Tsy+208 basis points), 4/1/2056<sup>3,8</sup> | 257621 |
| 484000 | American Electric Power Co., Inc.<br> 6.05% (USD 5 Year Tsy+194 basis points), 3/15/2056<sup>3,8</sup> | 479526 |
| 789000 | Arizona Public Service Co.<br> 4.25%, 3/1/2049<sup>3</sup> | 617071 |
| 1025000 | Baltimore Gas and Electric Co.<br> 5.65%, 6/1/2054<sup>3</sup> | 995487 |
| 700000 | Black Hills Corp.<br> 6.15%, 5/15/2034<sup>3</sup> | 736158 |
| 403000 | CenterPoint Energy, Inc.<br> 6.70% (USD 5 Year Tsy+259 basis points), 5/15/2055<sup>3,8</sup> | 407231 |
| 229000 | CMS Energy Corp.<br> 3.75% (USD 5 Year Tsy+290 basis points), 12/1/2050<sup>3,8</sup> | 208851 |
|  | Consolidated Edison Co. of New York, Inc. |  |
| 140000 | &nbsp;&nbsp;&nbsp;5.90%, 11/15/2053<sup>3</sup> | 140022 |
| 1000000 | &nbsp;&nbsp;&nbsp;5.70%, 5/15/2054<sup>3</sup> | 981701 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **UTILITIES (Continued)** |  |
|  | Constellation Energy Generation LLC |  |
| 1000000 | &nbsp;&nbsp;&nbsp;6.12%, 1/15/2034<sup>3</sup> | $1067751 |
| 493000 | &nbsp;&nbsp;&nbsp;5.75%, 3/15/2054<sup>3</sup> | 479179 |
| 122000 | &nbsp;&nbsp;&nbsp;5.88%, 1/15/2066<sup>3</sup> | 117363 |
|  | Duke Energy Corp. |  |
| 1000000 | &nbsp;&nbsp;&nbsp;5.45%, 6/15/2034<sup>3</sup> | 1022538 |
| 800000 | &nbsp;&nbsp;&nbsp;5.00%, 8/15/2052<sup>3</sup> | 684761 |
| 870000 | Duke Energy Indiana LLC<br> 5.40%, 4/1/2053<sup>3</sup> | 809141 |
| 200000 | Electricite de France S.A.<br> 9.12% (USD 5 Year Tsy+541 basis points)<sup>2,3,7,8,9</sup> | 231478 |
| 300000 | Enel Finance International N.V.<br> 7.50%, 10/14/2032<sup>2,3,7</sup> | 337739 |
| 433000 | Entergy Corp.<br> 7.12% (USD 5 Year Tsy+267 basis points), 12/1/2054<sup>3,8</sup> | 442546 |
|  | Eversource Energy |  |
| 97000 | &nbsp;&nbsp;&nbsp;5.50%, 1/1/2034<sup>3</sup> | 98410 |
| 125000 | &nbsp;&nbsp;&nbsp;6.35% (USD 5 Year Tsy+232 basis points), 8/15/2056<sup>3,8</sup> | 123258 |
| 212000 | Exelon Corp.<br> 6.50% (USD 5 Year Tsy+197 basis points), 3/15/2055<sup>3,8</sup> | 216164 |
| 164000 | Hawaiian Electric Co., Inc.<br> 6.00%, 10/1/2033<sup>2,3</sup> | 163709 |
| 307000 | IPALCO Enterprises, Inc.<br> 4.25%, 5/1/2030<sup>3</sup> | 295443 |
|  | NiSource, Inc. |  |
| 218000 | &nbsp;&nbsp;&nbsp;3.60%, 5/1/2030<sup>3</sup> | 210033 |
| 112000 | &nbsp;&nbsp;&nbsp;5.40%, 6/30/2033<sup>3</sup> | 114652 |
| 363000 | NRG Energy, Inc.<br> 6.00%, 1/15/2036<sup>2,3</sup> | 359733 |
|  | Pacific Gas and Electric Co. |  |
| 601000 | &nbsp;&nbsp;&nbsp;5.05%, 10/15/2032<sup>3</sup> | 597285 |
| 481000 | &nbsp;&nbsp;&nbsp;3.50%, 8/1/2050<sup>3</sup> | 317990 |
| 375000 | &nbsp;&nbsp;&nbsp;6.00%, 5/1/2056<sup>3</sup> | 356823 |
| 1070000 | PacifiCorp<br> 5.80%, 4/15/2036<sup>3</sup> | 1079097 |
| 294000 | PG&E Corp.<br> 6.85% (USD 5 Year Tsy+322 basis points), 9/15/2056<sup>3,8</sup> | 290389 |
| 187000 | Pinnacle West Capital Corp.<br> 5.15%, 5/15/2030<sup>3</sup> | 189715 |
| 253000 | PPL Capital Funding, Inc.<br> 5.25%, 9/1/2034<sup>3</sup> | 254963 |
| 111000 | Public Service Enterprise Group, Inc.<br> 6.12%, 10/15/2033<sup>3</sup> | 117613 |
|  | Puget Energy, Inc. |  |
| 239000 | &nbsp;&nbsp;&nbsp;2.38%, 6/15/2028<sup>3</sup> | 227803 |
| 373000 | &nbsp;&nbsp;&nbsp;7.25% (USD 5 Year Tsy+285 basis points), 9/15/2056<sup>2,3,8</sup> | 371452 |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal<br> Amount<sup>1</sup> |  | Value |
|  | **CORPORATE BONDS (Continued)** |  |
|  | **UTILITIES (Continued)** |  |
| 532000 | Sierra Pacific Power Co.<br> 6.37% (USD 5 Year Tsy+264 basis points), 9/15/2056<sup>3,8</sup> | $527527 |
|  | Southern California Edison Co. |  |
| 139000 | &nbsp;&nbsp;&nbsp;5.25%, 3/15/2030<sup>3</sup> | 141078 |
| 249000 | &nbsp;&nbsp;&nbsp;6.20%, 9/15/2055<sup>3</sup> | 247559 |
|  | Southern Co. Gas Capital Corp. |  |
| 926000 | &nbsp;&nbsp;&nbsp;5.88%, 3/15/2041<sup>3</sup> | 942775 |
| 121000 | &nbsp;&nbsp;&nbsp;3.95%, 10/1/2046<sup>3</sup> | 92270 |
| 822000 | &nbsp;&nbsp;&nbsp;4.40%, 5/30/2047<sup>3</sup> | 670485 |
|  | Vistra Operations Co. LLC |  |
| 221000 | &nbsp;&nbsp;&nbsp;4.60%, 10/15/2030<sup>2,3</sup> | 216456 |
| 201000 | &nbsp;&nbsp;&nbsp;5.35%, 1/31/2036<sup>2,3</sup> | 196328 |
| 345000 | WEC Energy Group, Inc.<br> 5.63% (USD 5 Year Tsy+191 basis points), 5/15/2056<sup>3,8</sup> | 337989 |
| 157000 | Xcel Energy, Inc.<br> 5.60%, 4/15/2035<sup>3</sup> | 159661 |
|  |  | **19343273** |
|  | **TOTAL CORPORATE BONDS** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $186,198,652) | **180366866** |
|  | **MUNICIPAL BONDS — 0.5%** |  |
| 250000 | City of New York NY<br> 6.39%, 2/1/2055<sup>3</sup> | 260768 |
| 560000 | City of San Antonio TX Electric & Gas Systems Revenue<br> 5.57%, 2/1/2050<sup>3</sup> | 559119 |
| 294000 | University of Michigan<br> 3.60%, 4/1/2047 | 242186 |
|  | **TOTAL MUNICIPAL BONDS** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,104,000) | **1062073** |

---

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  |  |
|  | **SHORT-TERM INVESTMENTS — 0.4%** |  |
| 832189 | Goldman Sachs Financial Square Government Fund - Institutional Class<br> 3.49%<sup>12</sup> | 832189 |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $832,189) | **832189** |
|  | **TOTAL INVESTMENTS — 98.1%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $217,655,020) | **211425045** |
|  | Other Assets in Excess of Liabilities — 1.9% | 4021242 |
|  | **TOTAL NET ASSETS — 100.0%** | $**215446287** |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

LLC – Limited Liability Company

LP – Limited Partnership

PLC – Public Limited Company

BDC – Business Development Company

ULC – Unlimited Liability Corporation

<sup>1</sup> Local currency.

<sup>2</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities are restricted and may be resold in transactions exempt from registration normally to qualified institutional buyers. The total value of these securities is $78,902,455, which represents 36.6% of total net assets of the Fund.

<sup>3</sup> Callable.

<sup>4</sup> Floating rate security.

<sup>5</sup> Variable rate security. Rate shown is the rate in effect as of March 31, 2026.

<sup>6</sup> Step rate security.

<sup>7</sup> Foreign security denominated in U.S. Dollars.

<sup>8</sup> Fixed to variable security. Fixed rate indicated is the rate effective at March 31, 2026. Security may convert at a future date to a variable rate of referenced rate and spread.

<sup>9</sup> Perpetual security. Date shown is next call date.

<sup>10</sup> Fixed to float security. Fixed rate indicated is the rate effective at March 31, 2026. Security may convert at a future date to a floating rate or referenced rate and spread.

<sup>11</sup> Interest-only security.

<sup>12</sup> The rate is the annualized seven-day yield at period end.

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

**FUTURES CONTRACTS**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Number of**<br>**Contracts**<br>**Long (Short)** | <br>**Description** | <br>**Expiration**<br>**Date** |<br>**Notional**<br>**Value** | **Value/Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| **Interest Rate Futures** | **Interest Rate Futures** |  |  |  |
| 113 | 2-Year U.S. Treasury Note | June 2026 | $23441320 | $(168617) |
| 167 | 5-Year U.S. Treasury Note | June 2026 | 18006008 | (242568) |
| (22) | 10-Year U.S. Treasury Note | June 2026 | (2443031) | 20515 |
| (10) | Euro Bund | June 2026 | (1444744) | 25694 |
| 92 | U.S. Treasury Long Bond | June 2026 | 10476500 | (272116) |
| (92) | Ultra 10-Year U.S. Treasury Note | June 2026 | (10443438) | 155755 |
| (24) | Ultra Long-Term U.S. Treasury Bond | June 2026 | (2797500) | 63747 |
| **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | $**34795115** | $**(417590)** |

---

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

**FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Currency** | **Currency** | | | |
| | | | | **Amount** | **Amount** | | | |
| <br>**Sale Contracts** | <br>**Counterparty** | <br>**Currency**<br>**Exchange** | <br>**Settlement**<br>**Date** | **Sold** | **Sold** | **Value At**<br>**Settlement**<br>**Date** |<br>**Value At**<br>**March 31, 2026** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| Euro | JP Morgan | EUR per USD | 4/9/2026 |  | 1097000 | (1267148) | (1268509) | (1361) |
|  |  |  |  |  |  | (1267148) | (1268509) | (1361) |
| **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** |  | $(1267148) | $(1268509) | $(1361) |

---

EUR – Euro

**AAM/Insight Select Income Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of March 31, 2026 (Unaudited)**

**SWAP CONTRACTS**

**CREDIT DEFAULT SWAP CONTRACTS**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Pay/<sup>(b)</sup> |  |  | | | | |
|  | Rating<sup>(a)</sup> | Receive |  |  | | Premium | Unrealized | |
| Counterparty/ | (Moody's/ | Fixed | Fixed/Rate | Expiration | Notional | Paid | Appreciation/ |  |
| Reference Entity | S&P) | Rate | Frequency | Date | Amount | (Received) | (Depreciation) | Value |
| **Goldman Sachs International** |  |  |  |  |  |  |  |  |
| Markit iTraxx Europe Crossover |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 45 Version 1 Index |  | Receive | 5%/Quarterly | 12/20/30 | $2460000 | $(181305) | $- | $(181305) |
| **TOTAL CREDIT DEFAULT SWAP CONTRACTS** | **TOTAL CREDIT DEFAULT SWAP CONTRACTS** | **TOTAL CREDIT DEFAULT SWAP CONTRACTS** | **TOTAL CREDIT DEFAULT SWAP CONTRACTS** | **TOTAL CREDIT DEFAULT SWAP CONTRACTS** | **TOTAL CREDIT DEFAULT SWAP CONTRACTS** | $(181305) | $- | $(181305) |

---

<sup>(a)</sup> Ratings are presented for credit default contracts in which the fund has sold protection on the underlying referenced debt. Ratings for an underlying index represent the average of the ratings of all the securities included in that index. The Moody's and Standard & Poor's (S&P) ratings are believed to be the most recent ratings available at March 31, 2026.

<sup>(b)</sup> If AAM/Insight Select Income Fund is paying a fixed rate, the counterparty acts as guarantor of the variable instrument. If AAM/Insight Select Income Fund is receiving a fixed rate, AAM/Insight Select Income Fund acts as guarantor of the variable instrument.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** INVESTMENT MANAGERS SERIES TRUST

- **b. Investment Company Act file number:** 811-21719

- **c. CIK number of Registrant:** 0001318342

- **d. LEI of Registrant:** 549300ESWU4ZNAH5Y054

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

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

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

- **a. Name of Series:** AAM Insight Select Income Fund

- **b. EDGAR series identifier (if any):** S000040061

- **c. LEI of Series:** 549300D7VAVYUVZLS632

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

- **a. Date of fiscal year-end:** 2026-06-30

- **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:** $219344043.91

**Total Liabilities:** $3858644.78

**Net Assets:** $215485399.13

**Delayed Delivery Securities:** $113000.00

**Cash Not Reported:** $763244.28

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.047381781456 | **1-Year:** 1355.094537840521 | **5-Year:** 12361.034653055134 | **10-Year:** 36146.032028377457 | **30-Year:** 51359.046121348429

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

- **3-Month:** 12.425845766891 | **1-Year:** 736.274855912368 | **5-Year:** 5013.661058078307 | **10-Year:** 6527.841950533275 | **30-Year:** 1529.149887368159

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000124376 | 0.31%                | 1.23%                | -2.26%               |
| Class ID C000124377 | 0.25%                | 1.28%                | -2.43%               |
| Class ID C000124378 | 0.33%                | 1.25%                | -2.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $122754.26               | $-298045.03                                |
| Month 2  | $134585.41               | $1432910.07                                |
| Month 3  | $-247376.39              | $-5120202.29                               |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Credit Index

- **Index Identifier:** LUCR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AGCO CORP                              | AGCO Corp.                                                                        | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |    119000 | PA      | $121807.45    | 0.06%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL               | AES Panama Generation Holdings SRL                                                | CUSIP: 00109AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    443417 | PA      | $410448.79    | 0.19%             | 2030-05-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ITRX EUR XOV S44 5Y 12/20/30   /       | ITRX EUR XOV S44 5Y 12/20/30   /                                                  | CUSIP: 2I667KMH8<br>LEI: N/A                  | N/A              | DCR              |  | XX        |  -2780000 | NC      | $-3446292.54  | -1.60%            | 2030-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                      | Eversource Energy                                                                 | CUSIP: 30040WAX6<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     97000 | PA      | $98409.99     | 0.05%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                      | Eversource Energy                                                                 | CUSIP: 30040WBD9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123258.38    | 0.06%             | 2056-08-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                            | Exelon Corp.                                                                      | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    212000 | PA      | $216164.10    | 0.10%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                 | Extra Space Storage LP                                                            | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    265000 | PA      | $227417.97    | 0.11%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                | Southern Co. Gas Capital Corp.                                                    | CUSIP: 001192AH6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    926000 | PA      | $942774.49    | 0.44%             | 2041-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N         | Ally Bank Auto Credit-Linked Notes Series 2025-A                                  | CUSIP: 02007G5F6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    184610 | PA      | $185157.63    | 0.09%             | 2033-06-15      | Fixed         | 4.84%                 | Yes           |                  2 | On Loan: No      |
| FMC CORP                               | FMC Corp.                                                                         | CUSIP: 302491AX3<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    486000 | PA      | $428458.57    | 0.20%             | 2033-05-18      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FMC CORP                               | FMC Corp.                                                                         | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    340000 | PA      | $218992.64    | 0.10%             | 2055-11-01      | Variable      | 8.45%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N         | Ally Bank Auto Credit-Linked Notes Series 2025-B                                  | CUSIP: 02007G6Q1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    266627 | PA      | $266962.90    | 0.12%             | 2033-09-15      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| ALPHABET INC                           | Alphabet, Inc.                                                                    | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    105000 | PA      | $99463.56     | 0.05%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                           | Alphabet, Inc.                                                                    | CUSIP: 02079KAZ0<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    642000 | PA      | $628573.21    | 0.29%             | 2045-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BOEING CO                              | Boeing Co.                                                                        | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    556000 | PA      | $538556.61    | 0.25%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                     | Meta Platforms, Inc.                                                              | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    335000 | PA      | $264305.62    | 0.12%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                     | Meta Platforms, Inc.                                                              | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    556000 | PA      | $504413.76    | 0.23%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                          | Boeing Co.                                                                        | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    193000 | PA      | $212848.89    | 0.10%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus         | BRAVO Residential Funding Trust Series 2025-NQM8                                  | CUSIP: 10571JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119285 | PA      | $118826.84    | 0.06%             | 2065-06-25      | Variable      | 5.08%                 | Yes           |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                 | Brazilian Government International Bond                                           | CUSIP: 105756CQ1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    578000 | PA      | $566260.82    | 0.26%             | 2036-05-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2023-3 Mortgage Loan Trust                                                   | CUSIP: 19688RAB5<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-MBS          | CORP              | US        |     82699 | PA      | $83169.49     | 0.04%             | 2068-09-25      | Variable      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO               | Columbia Pipelines Holding Co. LLC                                                | CUSIP: 19828AAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    442000 | PA      | $439116.83    | 0.20%             | 2032-11-17      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPCO                | Columbia Pipelines Operating Co. LLC                                              | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $96705.25     | 0.04%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP                           | Comcast Corp.                                                                     | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $686017.42    | 0.32%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                            | Corp Nacional del Cobre de Chile                                                  | CUSIP: 21987BBL1<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    487000 | PA      | $507551.40    | 0.24%             | 2035-01-13      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP                  | Cousins Properties LP                                                             | CUSIP: 222793AB7<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    694000 | PA      | $698477.69    | 0.32%             | 2032-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COX ENTERPRISES INC                    | Cox Enterprises, Inc.                                                             | CUSIP: 224050AE4<br>LEI: TVRMNZKRGA8LPW6XPG60 | Long             | DBT              | CORP              | US        |    600000 | PA      | $617618.40    | 0.29%             | 2027-07-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| UBS GROUP AG                           | UBS Group A.G.                                                                    | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $229205.25    | 0.11%             | 2032-05-14      | Variable      | 3.09%                 | Yes           |                  2 | On Loan: No      |
| Flexential Issuer, LLC                 | Flexential Issuer 2021-1                                                          | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    249143 | PA      | $248994.87    | 0.12%             | 2051-11-27      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| META PLATFORMS INC                     | Meta Platforms, Inc.                                                              | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    457000 | PA      | $432984.65    | 0.20%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                     | Meta Platforms, Inc.                                                              | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    603000 | PA      | $567047.93    | 0.26%             | 2055-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                | Howard Midstream Energy Partners LLC                                              | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $61007.42     | 0.03%             | 2032-07-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                | Howard Midstream Energy Partners LLC                                              | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149000 | PA      | $149524.33    | 0.07%             | 2034-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| The Huntington National Bank           | Huntington Bank Auto Credit-Linked Notes Series 2025-1                            | CUSIP: 446438SX2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185528 | PA      | $186172.95    | 0.09%             | 2033-03-21      | Fixed         | 4.96%                 | Yes           |                  2 | On Loan: No      |
| DI Issuer LLC                          | Lmdv Issuer Co. LLC                                                               | CUSIP: 538908AA2<br>LEI: 254900A6HRP8XHJJGM20 | Long             | ABS-O            | CORP              | US        |    651000 | PA      | $650177.14    | 0.30%             | 2055-12-15      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC               | Lloyds Banking Group PLC                                                          | CUSIP: 539439BA6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    452000 | PA      | $460099.84    | 0.21%             | 2035-11-26      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                         | Lowe's Cos., Inc.                                                                 | CUSIP: 548661EW3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1033000 | PA      | $1015906.95   | 0.47%             | 2032-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                       | Farmers Insurance Exchange                                                        | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $880168.80    | 0.41%             | 2057-11-01      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FEDEX FREIGHT HOLDING CO               | Fedex Freight Holding Co., Inc.                                                   | CUSIP: 314352AC9<br>LEI: 984500Y1DA5A58ICE336 | Long             | DBT              | CORP              | US        |    372000 | PA      | $365370.22    | 0.17%             | 2031-03-15      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| M&T BANK CORPORATION                   | M&T Bank Corp.                                                                    | CUSIP: 55261FAY0<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    401000 | PA      | $405231.35    | 0.19%             | 2031-07-08      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer         | MetroNet Infrastructure Issuer LLC                                                | CUSIP: 59170JBD9<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |     97249 | PA      | $96734.70     | 0.04%             | 2055-12-20      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| MICROSOFT CORP                         | Microsoft Corp.                                                                   | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    151000 | PA      | $84538.86     | 0.04%             | 2060-06-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                  | Micron Technology, Inc.                                                           | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    166000 | PA      | $149771.51    | 0.07%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                  | Micron Technology, Inc.                                                           | CUSIP: 595112CB7<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    510000 | PA      | $545431.23    | 0.25%             | 2033-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                      | Post Holdings, Inc.                                                               | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    535000 | PA      | $526715.53    | 0.24%             | 2033-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC               | Prime Security Services Borrower LLC / Prime Finance, Inc.                        | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $486538.50    | 0.23%             | 2027-08-31      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| PROLOGIS LP                            | Prologis LP                                                                       | CUSIP: 74340XCK5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    227000 | PA      | $212235.92    | 0.10%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                              | Prosus N.V.                                                                       | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    530000 | PA      | $404922.65    | 0.19%             | 2052-01-19      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS               | Targa Resources Partners LP / Targa Resources Partners Finance Corp.              | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    809000 | PA      | $816480.01    | 0.38%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDEX FREIGHT HOLDING CO               | Fedex Freight Holding Co., Inc.                                                   | CUSIP: 314352AE5<br>LEI: 984500Y1DA5A58ICE336 | Long             | DBT              | CORP              | US        |    115000 | PA      | $112216.20    | 0.05%             | 2033-03-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                | Fidelity National Information Services, Inc.                                      | CUSIP: 31620MCE4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    687000 | PA      | $681422.93    | 0.32%             | 2031-03-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                   | Taylor Morrison Communities, Inc.                                                 | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    530000 | PA      | $523538.24    | 0.24%             | 2030-08-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| TEREX CORP                             | Terex Corp.                                                                       | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175631.75    | 0.08%             | 2032-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TIF Funding III LLC                    | TIF Funding III LLC                                                               | CUSIP: 88655AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    283050 | PA      | $284246.45    | 0.13%             | 2049-04-20      | Fixed         | 5.48%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                  | Venture Global Plaquemines LNG LLC                                                | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    651000 | PA      | $668336.13    | 0.31%             | 2030-12-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| WYNN MACAU LTD                         | Wynn Macau Ltd.                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $392865.60    | 0.18%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| XCEL ENERGY INC                        | Xcel Energy, Inc.                                                                 | CUSIP: 98389BBE9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    157000 | PA      | $159661.46    | 0.07%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                   | YPF S.A.                                                                          | CUSIP: 984245BB5<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    322000 | PA      | $328002.08    | 0.15%             | 2034-01-17      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Zayo Issuer LLC                        | Zayo Issuer LLC                                                                   | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    704980 | PA      | $716524.05    | 0.33%             | 2055-06-20      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| FIRST INDUSTRIAL LP                    | First Industrial LP                                                               | CUSIP: 32055RAS6<br>LEI: 86MKNB3IKYZZT3E3OV11 | Long             | DBT              | CORP              | US        |    407000 | PA      | $410943.42    | 0.19%             | 2031-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L               | First Quantum Minerals Ltd.                                                       | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $192267.80    | 0.09%             | 2036-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp.                                                             | CUSIP: 06051GEN5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206085.60    | 0.10%             | 2042-02-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp.                                                             | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1714575.16   | 0.80%             | 2033-02-04      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp.                                                             | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    965000 | PA      | $1010821.10   | 0.47%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp.                                                             | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    384000 | PA      | $391406.98    | 0.18%             | 2035-01-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp.                                                             | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1076408.06   | 0.50%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp.                                                             | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    799000 | PA      | $813297.31    | 0.38%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                       | Bank of Montreal                                                                  | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    599000 | PA      | $612902.19    | 0.28%             | 2084-11-26      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                    | Bank of Nova Scotia                                                               | CUSIP: 0641598X7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1250000 | PA      | $1262080.00   | 0.59%             | 2085-04-27      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                 | Verizon Communications, Inc.                                                      | CUSIP: 92343VHJ6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    144000 | PA      | $140265.22    | 0.07%             | 2055-11-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC               | TK Elevator U.S. Newco, Inc.                                                      | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199474.00    | 0.09%             | 2027-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Bank5                                  | BANK5 2024-5YR12                                                                  | CUSIP: 06644XBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    960000 | PA      | $979767.36    | 0.45%             | 2057-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                           | Barclays PLC                                                                      | CUSIP: 06738EDE2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    354000 | PA      | $349137.10    | 0.16%             | 2046-08-11      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                   | Bayer U.S. Finance LLC                                                            | CUSIP: 07274EAL7<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    247000 | PA      | $262788.73    | 0.12%             | 2033-11-21      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                | Bayer U.S. Finance II LLC                                                         | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $893542.00    | 0.41%             | 2038-06-25      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                 | Bimbo Bakeries USA, Inc.                                                          | CUSIP: 09031WAA1<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    352000 | PA      | $266890.62    | 0.12%             | 2051-05-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                 | Bimbo Bakeries USA, Inc.                                                          | CUSIP: 09031WAD5<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    376000 | PA      | $400611.83    | 0.19%             | 2034-01-15      | Fixed         | 6.40%                 | Yes           |                  2 | On Loan: No      |
| BLACK HILLS CORP                       | Black Hills Corp.                                                                 | CUSIP: 092113AW9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    700000 | PA      | $736157.80    | 0.34%             | 2034-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft             | Blackbird Capital II Aircraft Lease Ltd.                                          | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    223899 | PA      | $213642.58    | 0.10%             | 2046-07-15      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                       | Paramount Global                                                                  | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     83000 | PA      | $72822.46     | 0.03%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                       | Paramount Global                                                                  | CUSIP: 92553PAU6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    465000 | PA      | $322009.71    | 0.15%             | 2043-09-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                 | Blackstone Private Credit Fund                                                    | CUSIP: 09261HBZ9<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    853000 | PA      | $810433.59    | 0.38%             | 2031-03-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                                   | CUSIP: 09261XAM4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    580000 | PA      | $568218.46    | 0.26%             | 2029-09-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                       | Paramount Global                                                                  | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    374000 | PA      | $320434.22    | 0.15%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co. LLC                                                         | CUSIP: 92840VAV4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    221000 | PA      | $216456.46    | 0.10%             | 2030-10-15      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| BLACKROCK LTD                          | BlackRock Shasta CLO XIII LLC                                                     | CUSIP: 09263EAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    665000 | PA      | $664859.02    | 0.31%             | 2036-07-15      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                          | Carnival Corp.                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    121000 | PA      | $122227.79    | 0.06%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co. LLC                                                         | CUSIP: 92840VAZ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    201000 | PA      | $196328.36    | 0.09%             | 2036-01-31      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| VMWARE LLC                             | VMware LLC                                                                        | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    768000 | PA      | $674241.79    | 0.31%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                          | Carnival Corp.                                                                    | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    365000 | PA      | $364901.45    | 0.17%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CEMEX SAB DE CV                        | Cemex S.A.B. de C.V.                                                              | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $202500.00    | 0.09%             | 2099-06-10      | Variable      | 7.20%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA               | Volkswagen Group of America Finance LLC                                           | CUSIP: 928668CC4<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    355000 | PA      | $375495.57    | 0.17%             | 2030-11-16      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| VORNADO REALTY LP                      | Vornado Realty LP                                                                 | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    475000 | PA      | $472321.00    | 0.22%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                 | CenterPoint Energy, Inc.                                                          | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    403000 | PA      | $407230.69    | 0.19%             | 2055-05-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Centersquare Issuer LLC                | Centersquare Issuer LLC                                                           | CUSIP: 15201EAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $440148.15    | 0.20%             | 2055-03-26      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VORNADO REALTY LP                      | Vornado Realty LP                                                                 | CUSIP: 929043AN7<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    333000 | PA      | $326831.84    | 0.15%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2019-1 Ltd.                                                              | CUSIP: 92917NAW8<br>LEI: 549300KSCKXTOBY0IP86 | Long             | ABS-CBDO         | CORP              | KY        |    950000 | PA      | $950166.25    | 0.44%             | 2037-10-15      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                   | WEC Energy Group, Inc.                                                            | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    345000 | PA      | $337988.91    | 0.16%             | 2056-05-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co.                                                                 | CUSIP: 94974BGU8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $839995.00    | 0.39%             | 2046-12-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co.                                                                 | CUSIP: 95000U3H4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    535000 | PA      | $579014.45    | 0.27%             | 2034-10-23      | Variable      | 6.49%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co.                                                                 | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1221906.00   | 0.57%             | 2035-01-23      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| WESTERN ALLIANCE BANK                  | Western Alliance Bank                                                             | CUSIP: 95758BCL1<br>LEI: SI7YQSVPFZBSQ878IC17 | Long             | DBT              | CORP              | US        |    577000 | PA      | $565131.11    | 0.26%             | 2035-11-15      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                 | Williams Cos., Inc.                                                               | CUSIP: 96950FAP9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    800000 | PA      | $701162.40    | 0.33%             | 2045-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Willis Engine Securitization T         | Willis Engine Structured Trust VI                                                 | CUSIP: 97064GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    527547 | PA      | $496827.61    | 0.23%             | 2046-05-15      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Cerberus                               | Cerberus Loan Funding XLIX LLC                                                    | CUSIP: 15675LAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    850000 | PA      | $849153.40    | 0.39%             | 2034-01-15      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP               | Charter Communications Operating LLC / Charter Communications Operating Capital   | CUSIP: 161175BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    775000 | PA      | $731209.40    | 0.34%             | 2055-10-23      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP               | Charter Communications Operating LLC / Charter Communications Operating Capital   | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1236000 | PA      | $787409.87    | 0.37%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS               | Cheniere Energy Partners LP                                                       | CUSIP: 16411QAW1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    235000 | PA      | $239228.59    | 0.11%             | 2035-10-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                    | Cheniere Energy, Inc.                                                             | CUSIP: 16411RAP4<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    722000 | PA      | $714994.43    | 0.33%             | 2036-07-30      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC              | Chesapeake Funding II LLC                                                         | CUSIP: 165183CZ5<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |     28779 | PA      | $28964.99     | 0.01%             | 2035-10-15      | Fixed         | 6.16%                 | Yes           |                  2 | On Loan: No      |
| Churchill Middle Market CLO            | Churchill MMSLF CLO-IV Ltd.                                                       | CUSIP: 171929AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996010.00    | 0.46%             | 2035-10-22      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                          | Citigroup, Inc.                                                                   | CUSIP: 172967PL9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    779000 | PA      | $790278.36    | 0.37%             | 2035-06-11      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                          | Citigroup, Inc.                                                                   | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    672000 | PA      | $671747.33    | 0.31%             | 2173-02-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                          | Citigroup, Inc.                                                                   | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    658000 | PA      | $671902.88    | 0.31%             | 2036-01-24      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                   | CITGO Petroleum Corp.                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |   1162000 | PA      | $1199820.78   | 0.56%             | 2029-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP               | Citizens Financial Group, Inc.                                                    | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    103000 | PA      | $106060.54    | 0.05%             | 2030-01-23      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP               | Citizens Financial Group, Inc.                                                    | CUSIP: 174610BG9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    798000 | PA      | $856123.13    | 0.40%             | 2035-04-25      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                           | SM Energy Co.                                                                     | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    525000 | PA      | $548623.43    | 0.25%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                      | HSBC Holdings PLC                                                                 | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    224000 | PA      | $226688.45    | 0.11%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                      | HSBC Holdings PLC                                                                 | CUSIP: 404280FJ3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    549000 | PA      | $543807.56    | 0.25%             | 2099-09-24      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                     | Harbour Energy PLC                                                                | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    303000 | PA      | $310568.03    | 0.14%             | 2035-04-01      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| HAWAIIAN ELEC CO                       | Hawaiian Electric Co., Inc.                                                       | CUSIP: 419866AV0<br>LEI: 549300PQE8D806LWQV52 | Long             | DBT              | CORP              | US        |    164000 | PA      | $163708.74    | 0.08%             | 2033-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS INC                      | Herc Holdings, Inc.                                                               | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    538000 | PA      | $529551.79    | 0.25%             | 2031-03-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                                      | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $129606.75    | 0.06%             | 2028-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| HP ENTERPRISE CO                       | Hewlett Packard Enterprise Co.                                                    | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    804000 | PA      | $778744.75    | 0.36%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FDG TRUST II               | High Street Funding Trust II                                                      | CUSIP: 42981DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    232000 | PA      | $195268.37    | 0.09%             | 2048-02-15      | Fixed         | 4.68%                 | Yes           |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                    | Highwoods Realty LP                                                               | CUSIP: 431282AV4<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |    302000 | PA      | $294933.80    | 0.14%             | 2033-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust           | Hilton Grand Vacations Trust 2023-1                                               | CUSIP: 432917AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     31480 | PA      | $31906.24     | 0.01%             | 2038-01-25      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| HOME DEPOT INC                         | Home Depot, Inc.                                                                  | CUSIP: 437076DF6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    805000 | PA      | $754384.02    | 0.35%             | 2054-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HONEYWELL AEROSPACE INC                | Honeywell Aerospace, Inc.                                                         | CUSIP: 43849RAJ4<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |    985000 | PA      | $976563.48    | 0.45%             | 2056-03-16      | Fixed         | 5.73%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                      | Iron Mountain, Inc.                                                               | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    325000 | PA      | $323995.10    | 0.15%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| STATE OF ISRAEL                        | Israel Government International Bond                                              | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    461000 | PA      | $428496.12    | 0.20%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ITHACA ENERGY NORTH                    | Ithaca Energy North Sea PLC                                                       | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |    540000 | PA      | $553553.46    | 0.26%             | 2029-10-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO               | JBS N.V./JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings             | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    206000 | PA      | $190649.50    | 0.09%             | 2032-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Ivy Hill Middle Market Credit          | IVY Hill Middle Market Credit Fund XII Ltd.                                       | CUSIP: 46600CBE9<br>LEI: 5493003XZKSFJKWICW70 | Long             | ABS-CBDO         | CORP              | KY        |    473000 | PA      | $468456.36    | 0.22%             | 2037-04-20      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co.                                                              | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    514000 | PA      | $522731.32    | 0.24%             | 2036-07-23      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co.                                                              | CUSIP: 46647PFK7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    703000 | PA      | $691157.26    | 0.32%             | 2037-02-05      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| JABIL INC                              | Jabil, Inc.                                                                       | CUSIP: 46656PAD6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    209000 | PA      | $203561.40    | 0.09%             | 2033-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust               | JP Morgan Mortgage Trust Series 2024-CES1                                         | CUSIP: 46658CAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155773 | PA      | $156808.24    | 0.07%             | 2054-06-25      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| JBS NV/USA FOODS/FOOD CO               | JBS N.V./JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings             | CUSIP: 472140AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    815000 | PA      | $814495.52    | 0.38%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Jersey Mikes Funding LLC               | Jersey Mike's Funding LLC                                                         | CUSIP: 476681AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    157410 | PA      | $159180.23    | 0.07%             | 2055-02-15      | Fixed         | 5.64%                 | Yes           |                  2 | On Loan: No      |
| Jersey Mikes Funding LLC               | Jersey Mike's Funding                                                             | CUSIP: 476681AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    132335 | PA      | $132616.87    | 0.06%             | 2055-08-16      | Fixed         | 5.61%                 | Yes           |                  2 | On Loan: No      |
| KILROY REALTY LP                       | Kilroy Realty LP                                                                  | CUSIP: 49427RAT9<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    342000 | PA      | $329805.99    | 0.15%             | 2035-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                   | Kraft Heinz Foods Co.                                                             | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    906000 | PA      | $707744.55    | 0.33%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KROGER CO                              | Kroger Co.                                                                        | CUSIP: 501044DW8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    151000 | PA      | $140511.39    | 0.07%             | 2054-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                    | LCM 37 Ltd.                                                                       | CUSIP: 50204JAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    754977 | PA      | $754291.05    | 0.35%             | 2034-04-15      | Floating      | 4.73%                 | Yes           |                  2 | On Loan: No      |
| LSEG US FIN CORP                       | Lseg U.S. Fin Corp.                                                               | CUSIP: 50222CAF7<br>LEI: 2138007FV67QQ13CGJ43 | Long             | DBT              | CORP              | US        |    210000 | PA      | $208101.18    | 0.10%             | 2036-03-23      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LYB INT FINANCE III                    | LYB International Finance III LLC                                                 | CUSIP: 50249AAQ6<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    161000 | PA      | $161213.49    | 0.07%             | 2031-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                   | Las Vegas Sands Corp.                                                             | CUSIP: 517834AL1<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    687000 | PA      | $704381.79    | 0.33%             | 2034-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC               | Liberty Mutual Group, Inc.                                                        | CUSIP: 53079EBJ2<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    930000 | PA      | $675866.34    | 0.31%             | 2050-10-15      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                | Light & Wonder International, Inc.                                                | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    270000 | PA      | $264516.30    | 0.12%             | 2033-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ELI LILLY & CO                         | Eli Lilly & Co.                                                                   | CUSIP: 532457CY2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    625000 | PA      | $614800.00    | 0.29%             | 2055-02-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                  | Lincoln National Corp.                                                            | CUSIP: 534187BT5<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    341000 | PA      | $347217.79    | 0.16%             | 2034-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                      | Lithia Motors, Inc.                                                               | CUSIP: 536797AJ2<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    525000 | PA      | $513051.53    | 0.24%             | 2030-10-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Navient Student Loan Trust             | Navient Private Education Refi Loan Trust 2021-A                                  | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     53229 | PA      | $48728.35     | 0.02%             | 2069-05-15      | Fixed         | 0.84%                 | Yes           |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Iss         | New Economy Assets - Phase 1 Sponsor LLC                                          | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    363000 | PA      | $304155.89    | 0.14%             | 2061-10-20      | Fixed         | 1.91%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan          | New Residential Mortgage Loan Trust 2021-NQM2R                                    | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76078 | PA      | $76449.90     | 0.04%             | 2058-10-25      | Variable      | 0.94%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK NY                            | City of New York NY                                                               | CUSIP: 64966SNJ1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260768.00    | 0.12%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                           | NiSource, Inc.                                                                    | CUSIP: 65473PAJ4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    218000 | PA      | $210033.41    | 0.10%             | 2030-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                           | NiSource, Inc.                                                                    | CUSIP: 65473PAP0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    112000 | PA      | $114652.27    | 0.05%             | 2033-06-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                  | Norfolk Southern Corp.                                                            | CUSIP: 655844CT3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    136000 | PA      | $141082.05    | 0.07%             | 2034-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                  | Novartis Capital Corp.                                                            | CUSIP: 66989HAW8<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    206000 | PA      | $180299.85    | 0.08%             | 2054-09-18      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                | O'Reilly Automotive, Inc.                                                         | CUSIP: 67103HAP2<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    151000 | PA      | $149120.05    | 0.07%             | 2036-03-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                | OAK-Eagle Acquireco, Inc.                                                         | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    113000 | PA      | $117229.25    | 0.05%             | 2033-07-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM18 Trust                                                              | CUSIP: 673918AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320476 | PA      | $319571.99    | 0.15%             | 2065-09-25      | Variable      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR               | Occidental Petroleum Corp.                                                        | CUSIP: 674599CJ2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $849170.45    | 0.39%             | 2046-04-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                              | Olin Corp.                                                                        | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    271000 | PA      | $265067.00    | 0.12%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp.                                                                      | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $414592.00    | 0.19%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp.                                                                      | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    780000 | PA      | $524517.24    | 0.24%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp.                                                                      | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    458000 | PA      | $332339.46    | 0.15%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp.                                                                      | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    440000 | PA      | $340890.44    | 0.16%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp.                                                                      | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    500000 | PA      | $421396.50    | 0.20%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp.                                                                      | CUSIP: 68389XEB7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    687000 | PA      | $636083.68    | 0.30%             | 2056-02-04      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                 | Oscar U.S. Funding XVI LLC                                                        | CUSIP: 68784GAC7<br>LEI: 3538004TGTV49T7RNL88 | Long             | ABS-O            | CORP              | JP        |    115185 | PA      | $115459.89    | 0.05%             | 2028-02-10      | Fixed         | 5.54%                 | Yes           |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING                  | PK Alift Loan Funding 7 LP                                                        | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235871 | PA      | $233950.90    | 0.11%             | 2043-03-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PG&E CORP                              | PG&E Corp.                                                                        | CUSIP: 69331CAN8<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    294000 | PA      | $290389.39    | 0.13%             | 2056-09-15      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group, Inc.                                                | CUSIP: 693475AQ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    379000 | PA      | $377270.24    | 0.18%             | 2049-12-29      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group, Inc.                                                | CUSIP: 693475CE3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    309000 | PA      | $310570.65    | 0.14%             | 2036-07-21      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group, Inc.                                                | CUSIP: 693475CF0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    289000 | PA      | $283280.11    | 0.13%             | 2041-01-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                | PPL Capital Funding, Inc.                                                         | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    253000 | PA      | $254962.77    | 0.12%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                 | Pacific Gas and Electric Co.                                                      | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    481000 | PA      | $317990.06    | 0.15%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                 | Pacific Gas and Electric Co.                                                      | CUSIP: 694308KY2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    601000 | PA      | $597285.22    | 0.28%             | 2032-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                 | Pacific Gas and Electric Co.                                                      | CUSIP: 694308LB1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    375000 | PA      | $356822.63    | 0.17%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                             | PacifiCorp                                                                        | CUSIP: 695114DQ8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1079097.14   | 0.50%             | 2036-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                     | Panama Government International Bond                                              | CUSIP: 698299CC6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    305000 | PA      | $292571.25    | 0.14%             | 2038-02-23      | Fixed         | 5.66%                 | 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              | CORP              | US        |    260000 | PA      | $263089.06    | 0.12%             | 2030-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF PERU                       | Peruvian Government International Bond                                            | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    309000 | PA      | $297072.60    | 0.14%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS DEL PERU SA                  | Petroleos del Peru S.A.                                                           | CUSIP: 716564AA7<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    400000 | PA      | $317000.00    | 0.15%             | 2032-06-19      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                 | Philip Morris International, Inc.                                                 | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    730000 | PA      | $605381.70    | 0.28%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                | Phillips Edison Grocery Center Operating Partnership I LP                         | CUSIP: 71845JAB4<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82089.52     | 0.04%             | 2034-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                | Phillips Edison Grocery Center Operating Partnership I LP                         | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    244000 | PA      | $236279.84    | 0.11%             | 2035-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                | Phillips Edison Grocery Center Operating Partnership I LP                         | CUSIP: 71845JAD0<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    490000 | PA      | $492085.44    | 0.23%             | 2032-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                            | Phillips 66                                                                       | CUSIP: 718546AL8<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    238000 | PA      | $206911.01    | 0.10%             | 2044-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PINE STREET TRUST III                  | Pine Street Trust III                                                             | CUSIP: 72284KAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    281000 | PA      | $280606.88    | 0.13%             | 2054-05-15      | Fixed         | 6.22%                 | Yes           |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL                  | Pinnacle West Capital Corp.                                                       | CUSIP: 723484AN1<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    187000 | PA      | $189714.87    | 0.09%             | 2030-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE               | Plains All American Pipeline LP / PAA Finance Corp.                               | CUSIP: 72650RBR2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    153000 | PA      | $152587.05    | 0.07%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS               | Public Service Enterprise Group, Inc.                                             | CUSIP: 744573AX4<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    111000 | PA      | $117613.27    | 0.05%             | 2033-10-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                       | Puget Energy, Inc.                                                                | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    239000 | PA      | $227802.85    | 0.11%             | 2028-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                  | Rio Tinto Finance USA PLC                                                         | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    617000 | PA      | $616279.96    | 0.29%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                        | Slam 2021-1 Ltd.                                                                  | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    918400 | PA      | $870146.35    | 0.40%             | 2046-06-15      | Fixed         | 2.43%                 | Yes           |                  2 | On Loan: No      |
| SLAM LLC                               | SLAM 2025-1 Ltd.                                                                  | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    237549 | PA      | $237730.72    | 0.11%             | 2050-05-15      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                   | Sabra Health Care LP                                                              | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |    572000 | PA      | $516344.40    | 0.24%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                         | Salesforce, Inc.                                                                  | CUSIP: 79466LAW4<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    437000 | PA      | $439529.79    | 0.20%             | 2056-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE         | City of San Antonio TX Electric & Gas Systems Revenue                             | CUSIP: 79625GNC3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    560000 | PA      | $559119.12    | 0.26%             | 2050-02-01      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin         | Santander Bank Auto Credit-Linked Notes Series 2024-B                             | CUSIP: 80280BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    196126 | PA      | $197222.77    | 0.09%             | 2033-01-18      | Fixed         | 5.14%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA, Inc.                                                      | CUSIP: 80282KBF2<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     78000 | PA      | $80419.72     | 0.04%             | 2029-03-09      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIANZ SE                             | Allianz S.E.                                                                      | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $186357.80    | 0.09%             | 2170-04-30      | Variable      | 3.20%                 | Yes           |                  2 | On Loan: No      |
| ALLSTATE CORP                          | Allstate Corp.                                                                    | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    175000 | PA      | $178385.20    | 0.08%             | 2067-05-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2022-5                                     | CUSIP: 80287HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5625 | PA      | $5626.12      | 0.00%             | 2028-10-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND               | Saudi Government International Bond                                               | CUSIP: 80413TBS7<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    932000 | PA      | $892420.76    | 0.41%             | 2056-01-12      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                   | Saudi Arabian Oil Co.                                                             | CUSIP: 80414L2P9<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    250000 | PA      | $229577.00    | 0.11%             | 2054-07-17      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                     | Siemens Funding B.V.                                                              | CUSIP: 82622RAF3<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $203581.40    | 0.09%             | 2055-05-28      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                     | Ally Financial, Inc.                                                              | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |    715000 | PA      | $708121.70    | 0.33%             | 2169-08-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                  | Argentine Republic Government International Bond                                  | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    325000 | PA      | $216125.00    | 0.10%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                 | Arizona Public Service Co.                                                        | CUSIP: 040555CY8<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    789000 | PA      | $617070.59    | 0.29%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                | Asbury Automotive Group, Inc.                                                     | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    425000 | PA      | $402454.18    | 0.19%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SIERRA PACIFIC POWER CO                | Sierra Pacific Power Co.                                                          | CUSIP: 826418BS3<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |    532000 | PA      | $527527.48    | 0.24%             | 2056-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                | Simon Property Group LP                                                           | CUSIP: 828807DV6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    159000 | PA      | $158774.22    | 0.07%             | 2053-03-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS               | South Bow USA Infrastructure Holdings LLC                                         | CUSIP: 83007CAF9<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    234000 | PA      | $232645.84    | 0.11%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru         | SMB Private Education Loan Trust 2017-B                                           | CUSIP: 83189DAC4<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |      1279 | PA      | $1278.67      | 0.00%             | 2035-10-15      | Floating      | 4.54%                 | Yes           |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                    | Ashtead Capital, Inc.                                                             | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    422000 | PA      | $416017.31    | 0.19%             | 2028-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                    | Ashtead Capital, Inc.                                                             | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    201000 | PA      | $207014.72    | 0.10%             | 2033-10-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| SMB Private Education Loan Tru         | SMB Private Education Loan Trust 2019-B                                           | CUSIP: 83192CAC1<br>LEI: 549300NWENTZ8X7JUC78 | Long             | ABS-O            | CORP              | US        |    176534 | PA      | $176629.40    | 0.08%             | 2037-06-15      | Floating      | 4.79%                 | Yes           |                  2 | On Loan: No      |
| JM SMUCKER CO                          | J M Smucker Co.                                                                   | CUSIP: 832696AZ1<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    574000 | PA      | $597418.63    | 0.28%             | 2053-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                  | Athene Global Funding                                                             | CUSIP: 04685A4S7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1198244.78   | 0.56%             | 2035-08-22      | Fixed         | 5.54%                 | Yes           |                  2 | On Loan: No      |
| AUGUSTA SPINCO CORPORATI               | Augusta SpinCo Corp.                                                              | CUSIP: 051473AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    311000 | PA      | $309756.62    | 0.14%             | 2033-03-23      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Auxilior Term Funding LLC              | Auxilior Term Funding 2023-1 LLC                                                  | CUSIP: 05335JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8553 | PA      | $8571.74      | 0.00%             | 2028-12-15      | Fixed         | 6.18%                 | Yes           |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                    | Avianca Midco 2 PLC                                                               | CUSIP: 05369YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    650000 | PA      | $607750.00    | 0.28%             | 2030-02-14      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding         | Avis Budget Rental Car Funding AESOP LLC                                          | CUSIP: 05377RKQ6<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    282000 | PA      | $286760.72    | 0.13%             | 2031-08-20      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CORP                       | BAT Capital Corp.                                                                 | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    400000 | PA      | $440346.40    | 0.20%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                 | Smurfit Kappa Treasury ULC                                                        | CUSIP: 83272GAE1<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $202641.80    | 0.09%             | 2034-04-03      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET               | Smyrna Ready Mix Concrete LLC                                                     | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    430000 | PA      | $443154.99    | 0.21%             | 2031-11-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SYENSQO FINANCE AMERICA                | Syensqo Finance America LLC                                                       | CUSIP: 834423AF2<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407573.20    | 0.19%             | 2034-06-04      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA               | Republic of South Africa Government International Bond                            | CUSIP: 836205BJ2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    275000 | PA      | $251460.00    | 0.12%             | 2055-12-11      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CORP                       | BAT Capital Corp.                                                                 | CUSIP: 05526DBV6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    306000 | PA      | $283904.05    | 0.13%             | 2052-03-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                 | BP Capital Markets PLC                                                            | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    884000 | PA      | $891242.61    | 0.41%             | 2173-06-18      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                    | Southern California Edison Co.                                                    | CUSIP: 842400JJ3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    139000 | PA      | $141077.77    | 0.07%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                    | Southern California Edison Co.                                                    | CUSIP: 842400JK0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    249000 | PA      | $247558.54    | 0.11%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                 | Corp Andina de Fomento                                                            | CUSIP: 219868CM6<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              |  | XX        |    290000 | PA      | $296525.00    | 0.14%             | 2173-12-17      | Variable      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA               | Electricite de France S.A.                                                        | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $231478.00    | 0.11%             | 2071-12-15      | Variable      | 9.12%                 | Yes           |                  2 | On Loan: No      |
| ENBRIDGE INC                           | Enbridge, Inc.                                                                    | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $179936.28    | 0.08%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                           | Enbridge, Inc.                                                                    | CUSIP: 29250NBZ7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $163137.75    | 0.08%             | 2053-11-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| AT&T INC                               | AT&T, Inc.                                                                        | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    750000 | PA      | $636336.00    | 0.30%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                | Southern Co. Gas Capital Corp.                                                    | CUSIP: 8426EPAB4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    121000 | PA      | $92270.49     | 0.04%             | 2046-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                | Southern Co. Gas Capital Corp.                                                    | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    822000 | PA      | $670484.85    | 0.31%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                           | Enbridge, Inc.                                                                    | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    480000 | PA      | $504248.16    | 0.23%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                   | ENEL Finance International N.V.                                                   | CUSIP: 29278GBA5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $337738.50    | 0.16%             | 2032-10-14      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| STATE STREET CORP                      | State Street Corp.                                                                | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |    278000 | PA      | $282337.08    | 0.13%             | 2029-03-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                             | STERIS Irish FinCo UnLtd Co.                                                      | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |    323000 | PA      | $293150.92    | 0.14%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| AT&T INC                               | AT&T, Inc.                                                                        | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $977973.00    | 0.45%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN               | American Airlines, Inc./AAdvantage Loyalty IP Ltd.                                | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     29083 | PA      | $29094.07     | 0.01%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                 | Taco Bell Funding LLC                                                             | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    394848 | PA      | $386635.20    | 0.18%             | 2055-08-25      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                  | Takeda Pharmaceutical Co., Ltd.                                                   | CUSIP: 874060AZ9<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    545000 | PA      | $358886.32    | 0.17%             | 2050-07-09      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                  | Takeda Pharmaceutical Co., Ltd.                                                   | CUSIP: 874060BK1<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    651000 | PA      | $658849.76    | 0.31%             | 2034-07-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                 | UnitedHealth Group, Inc.                                                          | CUSIP: 91324PFR8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    253000 | PA      | $254658.16    | 0.12%             | 2055-06-15      | Fixed         | 5.95%                 | 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        |    161000 | PA      | $160116.43    | 0.07%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Apollo Aviation Securitization         | AASET 2025-1                                                                      | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    229774 | PA      | $227337.97    | 0.11%             | 2050-02-16      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                                                                | CUSIP: 29279FAA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490878.50    | 0.23%             | 2049-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EnFin Residential Solar Receiv         | EnFin Residential Solar Receivables Trust 2024-2                                  | CUSIP: 29281EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    189302 | PA      | $175240.58    | 0.08%             | 2055-09-20      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| UNIV OF MICHIGAN MI                    | University of Michigan                                                            | CUSIP: 914455VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    294000 | PA      | $242185.73    | 0.11%             | 2047-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                  | Vale Overseas Ltd.                                                                | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    146000 | PA      | $147562.20    | 0.07%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                  | Venture Global Plaquemines LNG LLC                                                | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    561000 | PA      | $594203.91    | 0.28%             | 2036-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| EnFin Residential Solar Receiv         | EnFin Residential Solar Receivables Trust 2024-1                                  | CUSIP: 29281LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    138368 | PA      | $127645.81    | 0.06%             | 2055-02-20      | Fixed         | 6.65%                 | Yes           |                  2 | On Loan: No      |
| ENTERGY CORP                           | Entergy Corp.                                                                     | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    433000 | PA      | $442546.35    | 0.21%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER               | Enterprise Products Operating LLC                                                 | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $522295.75    | 0.24%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER               | Enterprise Products Operating LLC                                                 | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    126000 | PA      | $124683.68    | 0.06%             | 2078-02-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                    | Abbott Laboratories                                                               | CUSIP: 002824BX7<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |   1239000 | PA      | $1208070.84   | 0.56%             | 2066-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    669000 | PA      | $607646.68    | 0.28%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER               | Enterprise Products Operating LLC                                                 | CUSIP: 29379VCB7<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    366000 | PA      | $242316.89    | 0.11%             | 2053-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                | Massachusetts Mutual Life Insurance Co.                                           | CUSIP: 575767AL2<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    236000 | PA      | $186971.47    | 0.09%             | 2077-04-01      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $153655.65    | 0.07%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    175000 | PA      | $175159.25    | 0.08%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                 | Match Group Holdings II LLC                                                       | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    316000 | PA      | $306900.46    | 0.14%             | 2033-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                 | Medco Cypress Tree Pte Ltd.                                                       | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |    420000 | PA      | $431227.86    | 0.20%             | 2030-05-19      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYS/W                 | Adventist Health System/West                                                      | CUSIP: 007944AN1<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |    762000 | PA      | $754587.26    | 0.35%             | 2030-12-01      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                             | Air Canada                                                                        | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    155000 | PA      | $154216.63    | 0.07%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| METLIFE INC                            | MetLife, Inc.                                                                     | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    550000 | PA      | $561382.80    | 0.26%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                            | MetLife, Inc.                                                                     | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    333000 | PA      | $431643.59    | 0.20%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| METLIFE INC                            | MetLife, Inc.                                                                     | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1219000 | PA      | $1428771.62   | 0.66%             | 2038-04-08      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer         | MetroNet Infrastructure Issuer LLC                                                | CUSIP: 59170JAX6<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |    193893 | PA      | $195398.00    | 0.09%             | 2055-08-20      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                  | Mexico Government International Bond                                              | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    344000 | PA      | $335228.00    | 0.16%             | 2038-02-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                  | United Parcel Service, Inc.                                                       | CUSIP: 911312CK0<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    390000 | PA      | $393306.81    | 0.18%             | 2055-05-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                  | United Parcel Service, Inc.                                                       | CUSIP: 911312CL8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    277000 | PA      | $278935.95    | 0.13%             | 2065-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| US BANCORP                             | U.S. Bancorp                                                                      | CUSIP: 91159HJN1<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     94000 | PA      | $98156.30     | 0.05%             | 2034-06-12      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| US BANCORP                             | U.S. Bancorp                                                                      | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    265000 | PA      | $273822.91    | 0.13%             | 2035-01-23      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                 | UnitedHealth Group, Inc.                                                          | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    397000 | PA      | $294628.79    | 0.14%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-2A PTT                 | Air Canada 2020-2 Class A Pass-Through Trust                                      | CUSIP: 00909DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    105437 | PA      | $106794.56    | 0.05%             | 2030-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                | Aircastle Ltd. / Aircastle Ireland DAC                                            | CUSIP: 00929JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    156000 | PA      | $159749.93    | 0.07%             | 2031-10-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                 | Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC        | CUSIP: 01309QAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1112000 | PA      | $1088008.60   | 0.50%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                | Alcoa Nederland Holding B.V.                                                      | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $209187.40    | 0.10%             | 2031-03-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT ENERGY CORP                    | Alliant Energy Corp.                                                              | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |    265000 | PA      | $257620.81    | 0.12%             | 2056-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                           | Alphabet, Inc.                                                                    | CUSIP: 02079KBP1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    424000 | PA      | $423618.82    | 0.20%             | 2056-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                       | Altria Group, Inc.                                                                | CUSIP: 02209SBF9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    152000 | PA      | $147611.61    | 0.07%             | 2049-02-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                         | Amazon.com, Inc.                                                                  | CUSIP: 023135CW4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    861000 | PA      | $825630.98    | 0.38%             | 2055-11-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                         | Amazon.com, Inc.                                                                  | CUSIP: 023135CY0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    644000 | PA      | $609558.24    | 0.28%             | 2065-11-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                         | Amazon.com, Inc.                                                                  | CUSIP: 023135DH6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    146000 | PA      | $146367.34    | 0.07%             | 2056-03-13      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2022-C                                               | CUSIP: 34535AAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    370000 | PA      | $370617.53    | 0.17%             | 2028-02-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-1 AA PTT               | American Airlines 2017-1 Class AA Pass-Through Trust                              | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    152090 | PA      | $147860.83    | 0.07%             | 2030-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2 AA PTT               | American Airlines 2017-2 Class AA Pass-Through Trust                              | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    247733 | PA      | $239430.17    | 0.11%             | 2031-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1AA PTT                | American Airlines 2019-1 Class AA Pass-Through Trust                              | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    299444 | PA      | $278846.71    | 0.13%             | 2033-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 25-1A PTT                 | American Airlines 2025-1 Class A Pass-Through Trust                               | CUSIP: 02377NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    303000 | PA      | $290887.00    | 0.13%             | 2039-11-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    550000 | PA      | $578028.55    | 0.27%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    735000 | PA      | $743278.31    | 0.34%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                | American Axle & Manufacturing, Inc.                                               | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128182.99    | 0.06%             | 2032-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                | American Electric Power Co., Inc.                                                 | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    484000 | PA      | $479526.39    | 0.22%             | 2056-03-15      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS                | FTAI Aviation Investors LLC                                                       | CUSIP: 34960PAH4<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    172000 | PA      | $168237.84    | 0.08%             | 2033-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Fortress Credit Opportunities          | Fortress Credit Opportunities IX CLO Ltd.                                         | CUSIP: 34961JAY0<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-CBDO         | CORP              | KY        |   1314492 | PA      | $1314230.73   | 0.61%             | 2033-10-15      | Floating      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                  | Foundry JV Holdco LLC                                                             | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205737.00    | 0.10%             | 2033-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                  | Foundry JV Holdco LLC                                                             | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $519086.00    | 0.24%             | 2039-01-25      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| AMGEN INC                              | Amgen, Inc.                                                                       | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     61000 | PA      | $62639.19     | 0.03%             | 2030-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                              | Amgen, Inc.                                                                       | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    146000 | PA      | $141757.97    | 0.07%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FRONERI LUX FINCO SARL                 | Froneri Lux FinCo SARL                                                            | CUSIP: 35901MAA5<br>LEI: 9845005YBZ75E5AA3B94 | Long             | DBT              | CORP              | LU        |    515000 | PA      | $502008.61    | 0.23%             | 2032-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL HOL                  | GFL Environmental Holdings US, Inc.                                               | CUSIP: 36273TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    176000 | PA      | $172694.02    | 0.08%             | 2034-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| GE VERNOVA INC                         | GE Vernova, Inc.                                                                  | CUSIP: 36828AAB7<br>LEI: 254900DP080RU6OK2553 | Long             | DBT              | CORP              | US        |   1093000 | PA      | $1083930.29   | 0.50%             | 2036-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                      | General Motors Co.                                                                | CUSIP: 37045VBA7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1398433.60   | 0.65%             | 2030-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AXIS Equipment Finance Receiva         | Amur Equipment Finance Receivables XI LLC                                         | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |      3339 | PA      | $3341.15      | 0.00%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                 | Anglo American Capital PLC                                                        | CUSIP: 034863BE9<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    525000 | PA      | $540022.35    | 0.25%             | 2034-04-05      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co., Inc.                                                | CUSIP: 37045XCY0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    797000 | PA      | $758141.47    | 0.35%             | 2030-06-21      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co., Inc.                                                | CUSIP: 37045XDE3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1213000 | PA      | $1080450.64   | 0.50%             | 2031-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                | Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc.                    | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $618969.43    | 0.29%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Antares CLO                            | Antares CLO 2026-1 Ltd.                                                           | CUSIP: 03690FAA3<br>LEI: 25490076YIYK8A2W5U10 | Long             | ABS-CBDO         | CORP              | KY        |    675000 | PA      | $674979.75    | 0.31%             | 2039-04-20      | Floating      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                   | Glencore Funding LLC                                                              | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    220000 | PA      | $215472.40    | 0.10%             | 2054-04-04      | Fixed         | 5.89%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                    | Global Payments, Inc.                                                             | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    450000 | PA      | $446310.90    | 0.21%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                    | Global Payments, Inc.                                                             | CUSIP: 37940XAY8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    264000 | PA      | $254472.24    | 0.12%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                | Global Partners LP / GLP Finance Corp.                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68000 | PA      | $68045.70     | 0.03%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD               | Apollo Debt Solutions BDC                                                         | CUSIP: 03770DAH6<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    529000 | PA      | $522459.44    | 0.24%             | 2028-12-08      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD               | Apollo Debt Solutions BDC                                                         | CUSIP: 03770DAL7<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    133000 | PA      | $129762.51    | 0.06%             | 2031-01-23      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Aqua Finance Trust                     | Aqua Finance Issuer Trust 2025-B                                                  | CUSIP: 03837GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    132687 | PA      | $132137.10    | 0.06%             | 2051-05-17      | Fixed         | 4.79%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                    | COMM 2020-CX Mortgage Trust                                                       | CUSIP: 12656KAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109000 | PA      | $82566.08     | 0.04%             | 2046-11-10      | Variable      | 2.68%                 | Yes           |                  2 | On Loan: No      |
| CVR ENERGY INC                         | CVR Energy, Inc.                                                                  | CUSIP: 12662PAJ7<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    424000 | PA      | $425380.97    | 0.20%             | 2034-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP                        | CVS Health Corp.                                                                  | CUSIP: 126650EE6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    322000 | PA      | $317099.80    | 0.15%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                     | Coterra Energy, Inc.                                                              | CUSIP: 127097AM5<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    604000 | PA      | $606197.96    | 0.28%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                                | CUSIP: 13607QUM2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    493000 | PA      | $481950.88    | 0.22%             | 2086-07-28      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO               | Capital One Financial Corp.                                                       | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    600000 | PA      | $662798.40    | 0.31%             | 2031-10-30      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO               | Capital One Financial Corp.                                                       | CUSIP: 14040HDN2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1077000 | PA      | $1043838.09   | 0.48%             | 2036-09-11      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                | Global Partners LP / GLP Finance Corp.                                            | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    518000 | PA      | $535488.20    | 0.25%             | 2032-01-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                | Global Partners LP / GLP Finance Corp.                                            | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $171352.86    | 0.08%             | 2033-07-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST          | Commonbond Student Loan Trust 2019-A-GS                                           | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    224769 | PA      | $206003.04    | 0.10%             | 2047-01-25      | Fixed         | 2.54%                 | Yes           |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                    | CommonSpirit Health                                                               | CUSIP: 20268JBB8<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    187000 | PA      | $180244.81    | 0.08%             | 2045-09-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GB86<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    391000 | PA      | $376393.41    | 0.17%             | 2045-11-19      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    519000 | PA      | $507209.36    | 0.24%             | 2056-01-28      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank           | Huntington Bank Auto Credit-Linked Notes Series 2024-2                            | CUSIP: 44644NAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    121001 | PA      | $121946.23    | 0.06%             | 2032-10-20      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Hudson Yards                           | Hudson Yards 2025-SPRL Mortgage Trust                                             | CUSIP: 44855PAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138000 | PA      | $141398.94    | 0.07%             | 2040-01-13      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                | Consolidated Edison Co. of New York, Inc.                                         | CUSIP: 209111GG2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    140000 | PA      | $140021.70    | 0.06%             | 2053-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                | Consolidated Edison Co. of New York, Inc.                                         | CUSIP: 209111GK3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981701.00    | 0.46%             | 2054-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| IBM INTERNAT CAPITAL                   | IBM International Capital Pte Ltd.                                                | CUSIP: 449276AG9<br>LEI: 2549007KTXQQBYZO7485 | Long             | DBT              | CORP              | SG        |    313000 | PA      | $278794.11    | 0.13%             | 2054-02-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                      | Iliad Holding SAS                                                                 | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $209214.40    | 0.10%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                  | Indonesia Government International Bond                                           | CUSIP: 455780EF9<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   1034000 | PA      | $996245.56    | 0.46%             | 2036-02-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL F&B INV                     | Industrial F&B Investments III, Inc.                                              | CUSIP: 456142AA6<br>LEI: 254900VSX7CEW7CNTO51 | Long             | DBT              | CORP              | US        |    133000 | PA      | $133603.82    | 0.06%             | 2033-02-11      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ING GROEP NV                           | ING Groep N.V.                                                                    | CUSIP: 456837BT9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    398000 | PA      | $398498.30    | 0.18%             | 2173-11-16      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                             | Intel Corp.                                                                       | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    234000 | PA      | $215927.71    | 0.10%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                             | Intel Corp.                                                                       | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    724000 | PA      | $722235.61    | 0.34%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                 | Brightstar Lottery PLC                                                            | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    930000 | PA      | $922359.12    | 0.43%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC               | Constellation Energy Generation LLC                                               | CUSIP: 210385AD2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1067751.00   | 0.50%             | 2034-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC               | Constellation Energy Generation LLC                                               | CUSIP: 210385AF7<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    493000 | PA      | $479178.75    | 0.22%             | 2054-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC               | Constellation Energy Generation LLC                                               | CUSIP: 210385AR1<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    122000 | PA      | $117362.78    | 0.05%             | 2066-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC               | Corebridge Financial, Inc.                                                        | CUSIP: 21871XAS8<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31809.01     | 0.01%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC               | Corebridge Financial, Inc.                                                        | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    328000 | PA      | $322332.82    | 0.15%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC               | Corebridge Financial, Inc.                                                        | CUSIP: 21871XAU3<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |    429000 | PA      | $437034.31    | 0.20%             | 2099-12-31      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Invesco CLO LTD                        | Invesco U.S. CLO 2023-3 Ltd.                                                      | CUSIP: 46091RAL7<br>LEI: 213800YAVR2FVYDIRM63 | Long             | ABS-CBDO         | CORP              | JE        |    550000 | PA      | $549579.25    | 0.26%             | 2038-07-15      | Floating      | 4.98%                 | Yes           |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC                 | IPALCO Enterprises, Inc.                                                          | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |    307000 | PA      | $295443.29    | 0.14%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H2 Mortgage Trust                                                      | CUSIP: 22757BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135619 | PA      | $136419.26    | 0.06%             | 2069-04-25      | Variable      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2025-H8 Mortgage Trust                                                      | CUSIP: 22757XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250819 | PA      | $249450.97    | 0.12%             | 2070-11-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUGET ENERGY INC                       | Puget Energy, Inc.                                                                | CUSIP: 745310AT9<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    373000 | PA      | $371452.05    | 0.17%             | 2056-09-15      | Variable      | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2024-CES2                                                     | CUSIP: 74938PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    117710 | PA      | $118697.82    | 0.06%             | 2044-04-25      | Variable      | 6.39%                 | Yes           |                  2 | On Loan: No      |
| CUBESMART LP                           | CubeSmart LP                                                                      | CUSIP: 22966RAK2<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    715000 | PA      | $705117.99    | 0.33%             | 2035-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I         | CyrusOne Data Centers Issuer I LLC                                                | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    503000 | PA      | $505378.18    | 0.23%             | 2050-02-20      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| REGENCY CENTERS LP                     | Regency Centers LP                                                                | CUSIP: 75884RBF9<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |    212000 | PA      | $206761.69    | 0.10%             | 2033-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Regatta XXII Funding Ltd.              | Regatta XXII Funding Ltd.                                                         | CUSIP: 758968AY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999726.00    | 0.46%             | 2039-01-15      | Floating      | 4.93%                 | Yes           |                  2 | On Loan: No      |
| REPSOL E&P CAP MARKETS                 | Repsol E&P Capital Markets U.S. LLC                                               | CUSIP: 76026AAC1<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203579.60    | 0.09%             | 2035-09-16      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| Retained Vantage Data Centers          | Retained Vantage Data Centers Issuer LLC                                          | CUSIP: 76134KAH7<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |    582000 | PA      | $565833.20    | 0.26%             | 2049-09-15      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                  | DB Master Finance LLC                                                             | CUSIP: 233046AN1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    595565 | PA      | $586428.44    | 0.27%             | 2051-11-20      | Fixed         | 2.04%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                  | DB Master Finance LLC                                                             | CUSIP: 233046AW1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    180548 | PA      | $180081.80    | 0.08%             | 2055-08-20      | Fixed         | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Retained Vantage Data Centers          | Retained Vantage Data Centers Issuer LLC                                          | CUSIP: 76134KAM6<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |    103000 | PA      | $100828.25    | 0.05%             | 2050-08-15      | Fixed         | 5.09%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                 | Verizon Communications, Inc.                                                      | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    664000 | PA      | $464234.27    | 0.22%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust            | Daimler Trucks Retail Trust 2023-1                                                | CUSIP: 233868AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     46581 | PA      | $46710.38     | 0.02%             | 2027-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                    | DataBank Issuer                                                                   | CUSIP: 23802WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    598000 | PA      | $589741.02    | 0.27%             | 2051-10-25      | Fixed         | 2.40%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                 | Verizon Communications, Inc.                                                      | CUSIP: 92343VHH0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    840000 | PA      | $819462.84    | 0.38%             | 2045-11-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                       | Ziggo Bond Co. B.V.                                                               | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $514777.20    | 0.24%             | 2030-02-28      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| DataBank Issuer LLC                    | DataBank Issuer                                                                   | CUSIP: 23802WAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    161000 | PA      | $158497.58    | 0.07%             | 2056-02-25      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| DataBank Issuer II, LLC                | DataBank Issuer II LLC                                                            | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    647000 | PA      | $634716.06    | 0.29%             | 2055-09-27      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                | Dell International LLC / EMC Corp.                                                | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     98000 | PA      | $121441.99    | 0.06%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| DIAGEO INVESTMENT CORP                 | Diageo Investment Corp.                                                           | CUSIP: 25245BAE7<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207489.80    | 0.10%             | 2035-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EURO FORWARD CONTRACT 04/09/2026   /   | EURO FORWARD CONTRACT 04/09/2026   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DFE              |  | XX        |  -1097000 | OU      | $-1268508.72  | -0.59%            |  |  |  | No            |                  2 | On Loan: No      |
| EURO CURRENCY  /                       | EURO CURRENCY  /                                                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | XX        |    263875 | OU      | $304986.93    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Master Issuer LL         | Domino's Pizza Master Issuer LLC                                                  | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    525150 | PA      | $497058.15    | 0.23%             | 2051-04-25      | Fixed         | 2.66%                 | Yes           |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL         | Domino's Pizza Master Issuer LLC                                                  | CUSIP: 25755TAR1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     84000 | PA      | $83189.99     | 0.04%             | 2055-07-25      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| DUKE ENERGY CORP                       | Duke Energy Corp.                                                                 | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    800000 | PA      | $684760.80    | 0.32%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                       | Duke Energy Corp.                                                                 | CUSIP: 26441CCE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022538.00   | 0.47%             | 2034-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square         | Goldman Sachs Financial Square Government Fund - Class Institutional              | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    837762 | PA      | $837762.39    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| 5YR T-NOTE FUT JUNE 26   /             | 5YR T-NOTE FUT JUNE 26   /                                                        | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       167 | NC      | $-242839.64   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| GREAT BRITAIN POUND  /                 | GREAT BRITAIN POUND  /                                                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | GB        |       532 | OU      | $704.28       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PERUVIAN NEW SOL  /                    | PERUVIAN NEW SOL  /                                                               | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | PE        |         8 | OU      | $2.32         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                | Duke Energy Indiana LLC                                                           | CUSIP: 26443TAD8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    870000 | PA      | $809140.89    | 0.38%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                | Eni S.p.A.                                                                        | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    241000 | PA      | $240129.51    | 0.11%             | 2054-05-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                   | ERAC USA Finance LLC                                                              | CUSIP: 26882PBE1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    750000 | PA      | $853669.50    | 0.40%             | 2037-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                   | ERAC USA Finance LLC                                                              | CUSIP: 26884TAZ5<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    377000 | PA      | $382143.79    | 0.18%             | 2034-10-30      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL               | Eagle Funding Luxco Sarl                                                          | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    585000 | PA      | $586345.50    | 0.27%             | 2030-08-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ELDORADO INTL FIN GMBH                 | Eldorado Intl. Finance GmbH                                                       | CUSIP: 284697AC3<br>LEI: 2549002HQE45WFK9EY03 | Long             | DBT              | CORP              | AT        |    675000 | PA      | $677760.75    | 0.31%             | 2032-12-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Eldridge MMPC CLO Ltd.                 | Eldridge MMPC CLO 2026-1 Ltd.                                                     | CUSIP: 284919AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    665000 | PA      | $663167.93    | 0.31%             | 2037-01-15      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| MAPLE PARENT HLDS CO                   | Maple Parent Holdings Corp.                                                       | CUSIP: 56530KAA4<br>LEI: 254900J6FBJ1E892Q074 | Long             | DBT              | CORP              | US        |    242000 | PA      | $241995.16    | 0.11%             | 2029-03-26      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MAPLE PARENT HLDS CO                   | Maple Parent Holdings Corp.                                                       | CUSIP: 56530KAC0<br>LEI: 254900J6FBJ1E892Q074 | Long             | DBT              | CORP              | US        |    221000 | PA      | $219757.54    | 0.10%             | 2036-03-26      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| MARB BONDCO PLC                        | MARB BondCo PLC                                                                   | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    229000 | PA      | $202850.49    | 0.09%             | 2031-01-29      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                               | Mars, Inc.                                                                        | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    855000 | PA      | $863698.77    | 0.40%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| MARS INC                               | Mars, Inc.                                                                        | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    557000 | PA      | $550927.59    | 0.26%             | 2045-05-01      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| EURO-BUND FUTURES JUN 2026   /         | EURO-BUND FUTURES JUN 2026   /                                                    | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | DE        |       -10 | NC      | $25761.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| 2YR T-NOTE FUT JUN26 JUNE 26   /       | 2YR T-NOTE FUT JUN26 JUNE 26   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       113 | NC      | $-168800.26   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| 10 YR T-NOTE FUTURE JUNE 2026   /      | 10 YR T-NOTE FUTURE JUNE 2026   /                                                 | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -22 | NC      | $20479.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                | Exxon Mobil Corp.                                                                 | CUSIP: U30276AD8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $832322.01    | 0.39%             | 2039-06-26      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                 | Marriott International, Inc.                                                      | CUSIP: 571903BZ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    402000 | PA      | $382352.65    | 0.18%             | 2038-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                  | Micron Technology, Inc.                                                           | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    109000 | PA      | $114065.45    | 0.05%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Monroe Capital MML CLO                 | Monroe Capital MML CLO XV LLC                                                     | CUSIP: 61033YAY4<br>LEI: 635400TBPZJGNQT3WB33 | Long             | ABS-CBDO         | CORP              | US        |    700000 | PA      | $696696.70    | 0.32%             | 2035-09-23      | Floating      | 4.94%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                                    | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $571418.33    | 0.27%             | 2033-07-20      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                                    | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1542072.66   | 0.72%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                                    | CUSIP: 61748UAP7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    535000 | PA      | $516734.03    | 0.24%             | 2041-01-18      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                              | Mosaic Co.                                                                        | CUSIP: 61945CAK9<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |    276000 | PA      | $273811.32    | 0.13%             | 2030-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NBM US HOLDINGS INC                    | NBM U.S. Holdings, Inc.                                                           | CUSIP: 62877VAB7<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    600000 | PA      | $600141.00    | 0.28%             | 2029-08-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| NBN CO LTD                             | NBN Co., Ltd.                                                                     | CUSIP: 62878U2J0<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |    595000 | PA      | $593135.87    | 0.28%             | 2029-10-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION LTD                    | NCL Corp. Ltd.                                                                    | CUSIP: 62886HBP5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    584000 | PA      | $580038.73    | 0.27%             | 2030-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| U.S. LONG BOND FUT JUNE 2026   /       | U.S. LONG BOND FUT JUNE 2026   /                                                  | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |        92 | NC      | $-272284.70   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA 10YR U.S. TREASU JUNE 2026   /   | ULTRA 10YR U.S. TREASU JUNE 2026   /                                              | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -92 | NC      | $155597.57    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                    | NCL Corp. Ltd.                                                                    | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    273000 | PA      | $263626.27    | 0.12%             | 2031-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                        | NGPL PipeCo LLC                                                                   | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    737000 | PA      | $853749.64    | 0.40%             | 2037-12-15      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| NGPL PIPECO LLC                        | NGPL PipeCo LLC                                                                   | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    820000 | PA      | $821635.90    | 0.38%             | 2027-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC                         | NRG Energy, Inc.                                                                  | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    363000 | PA      | $359733.00    | 0.17%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                  | Rio Tinto Finance USA PLC                                                         | CUSIP: 76720AAW6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    214000 | PA      | $213016.46    | 0.10%             | 2065-03-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                        | Rolls-Royce PLC                                                                   | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    414000 | PA      | $420471.65    | 0.20%             | 2027-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ROMANIA                                | Romanian Government International Bond                                            | CUSIP: 77586RAV2<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    730000 | PA      | $689987.97    | 0.32%             | 2035-03-24      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                              | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    900000 | PA      | $921581.10    | 0.43%             | 2084-05-02      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                | Royal Caribbean Cruises Ltd.                                                      | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    735000 | PA      | $722830.61    | 0.34%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                     | Royalty Pharma PLC                                                                | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    829000 | PA      | $746333.78    | 0.35%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ULTRA LONG T-BOND FUTURE JUNE 2026   / | ULTRA LONG T-BOND FUTURE JUNE 2026   /                                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -24 | NC      | $63701.84     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF COLOMBIA                   | Colombia Government International Bond                                            | CUSIP: YK0049741<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    327000 | PA      | $345246.16    | 0.16%             | 2036-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                     | Royalty Pharma PLC                                                                | CUSIP: 78081BAN3<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    320000 | PA      | $278933.76    | 0.13%             | 2031-09-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                       | Ryder System, Inc.                                                                | CUSIP: 78355HKY4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    367000 | PA      | $402240.81    | 0.19%             | 2033-12-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                        | SBA Tower Trust                                                                   | CUSIP: 78403DAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    462000 | PA      | $413351.40    | 0.19%             | 2031-10-15      | Fixed         | 2.59%                 | Yes           |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                  | Time Warner Cable LLC                                                             | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    489000 | PA      | $491477.27    | 0.23%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                  | Toronto-Dominion Bank                                                             | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $355816.30    | 0.17%             | 2084-07-31      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA               | TotalEnergies Capital S.A.                                                        | CUSIP: 89157XAB7<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    277000 | PA      | $265989.80    | 0.12%             | 2054-04-05      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA               | TotalEnergies Capital S.A.                                                        | CUSIP: 89157XAF8<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    635000 | PA      | $591177.38    | 0.27%             | 2064-09-10      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                  | TransCanada PipeLines Ltd.                                                        | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    736000 | PA      | $746936.22    | 0.35%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                          | TransDigm, Inc.                                                                   | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52633.52     | 0.02%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TRITON CONTAINER                       | Triton Container International Ltd.                                               | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    160000 | PA      | $144684.16    | 0.07%             | 2031-06-15      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                  | Truist Financial Corp.                                                            | CUSIP: 89788MAP7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     66000 | PA      | $68746.39     | 0.03%             | 2034-06-08      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                  | Truist Financial Corp.                                                            | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     96000 | PA      | $102021.31    | 0.05%             | 2029-10-30      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                  | Truist Financial Corp.                                                            | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |   1232000 | PA      | $1229621.01   | 0.57%             | 2168-03-01      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                           | UBS Group A.G.                                                                    | CUSIP: 902613BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $205152.20    | 0.10%             | 2035-02-08      | Variable      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| UBS GROUP AG                           | UBS Group A.G.                                                                    | CUSIP: 902613BQ0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    325000 | PA      | $330385.58    | 0.15%             | 2036-05-09      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| USQ Rail I LLC                         | USQ Rail I LLC                                                                    | CUSIP: 90352WAD6<br>LEI: 25490077I8NB6ADB4I38 | Long             | ABS-O            | CORP              | US        |    172293 | PA      | $163507.49    | 0.08%             | 2051-02-28      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association         | U.S. Bank C&I Credit-Linked Notes Series 2025-2                                   | CUSIP: 90355PAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    205639 | PA      | $203521.54    | 0.09%             | 2032-09-25      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| UNION PACIFIC CORP                     | Union Pacific Corp.                                                               | CUSIP: 907818FG8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $141836.40    | 0.07%             | 2060-03-20      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-1 AA PTT               | United Airlines 2019-1 Class AA Pass-Through Trust                                | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    128380 | PA      | $125575.00    | 0.06%             | 2033-02-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                | United Airlines 2020-1 Class A Pass-Through Trust                                 | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     76192 | PA      | $77465.10     | 0.04%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 AA PTT               | United Airlines 2019-2 Class AA Pass-Through Trust                                | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445400 | PA      | $409400.86    | 0.19%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                    | United Airlines, Inc.                                                             | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    273000 | PA      | $267661.49    | 0.12%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIR 2023-1 A PTT                | United Airlines 2023-1 Class A Pass-Through Trust                                 | CUSIP: 90932LAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    141147 | PA      | $145349.02    | 0.07%             | 2037-07-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                  | Mexico Government International Bond                                              | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1494000 | PA      | $1555134.48   | 0.72%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                  | Mexico Government International Bond                                              | CUSIP: 91087BBF6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    360000 | PA      | $364903.20    | 0.17%             | 2038-01-29      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust                            | BXHPP Trust 2021-FILM                                                             | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162000 | PA      | $146401.02    | 0.07%             | 2036-08-15      | Floating      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-AIR2                                            | CUSIP: 05613QAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    361611 | PA      | $361950.11    | 0.17%             | 2041-10-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                              | Ball Corp.                                                                        | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    553000 | PA      | $560904.03    | 0.26%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC               | Baltimore Gas and Electric Co.                                                    | CUSIP: 059165ES5<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $995487.18    | 0.46%             | 2054-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                     | Banco Santander S.A.                                                              | CUSIP: 05964HAU9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $409736.80    | 0.19%             | 2028-08-08      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                | Bristol-Myers Squibb Co.                                                          | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    864000 | PA      | $833915.52    | 0.39%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                           | Broadcom, Inc.                                                                    | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $861467.28    | 0.40%             | 2036-11-15      | Fixed         | 3.19%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                           | Broadcom, Inc.                                                                    | CUSIP: 11135FCT6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1013586.75   | 0.47%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                           | Broadcom, Inc.                                                                    | CUSIP: 11135FDD0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    272000 | PA      | $269933.89    | 0.13%             | 2056-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                      | Brown & Brown, Inc.                                                               | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    115000 | PA      | $114911.68    | 0.05%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC               | Builders FirstSource, Inc.                                                        | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    418000 | PA      | $412503.72    | 0.19%             | 2034-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                 | Bunge Ltd. Finance Corp.                                                          | CUSIP: 120568BT6<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1070520.68   | 0.50%             | 2036-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                        | Cigna Group                                                                       | CUSIP: 125523AK6<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    595000 | PA      | $516957.42    | 0.24%             | 2048-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                        | Cigna Group                                                                       | CUSIP: 125523DA5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    184000 | PA      | $184668.10    | 0.09%             | 2056-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                        | CLI Funding IX LLC                                                                | CUSIP: 12571WAG8<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |    301573 | PA      | $302619.38    | 0.14%             | 2050-06-20      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| CMS ENERGY CORP                        | CMS Energy Corp.                                                                  | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    229000 | PA      | $208850.75    | 0.10%             | 2050-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CSX CORP                               | CSX Corp.                                                                         | CUSIP: 126408HY2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $921234.08    | 0.43%             | 2055-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    250000 | PA      | $269546.00    | 0.13%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    790000 | PA      | $795842.84    | 0.37%             | 2027-10-28      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GXR0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1640000 | PA      | $1438855.64   | 0.67%             | 2032-01-27      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BDC INC                  | Goldman Sachs BDC, Inc.                                                           | CUSIP: 38147UAG2<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | DBT              | CORP              | US        |    338000 | PA      | $328267.97    | 0.15%             | 2029-01-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd         | Golub Capital Partners Clo 47M Ltd.                                               | CUSIP: 381948AG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $245225.50    | 0.11%             | 2037-08-05      | Floating      | 6.06%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                 | Goodyear Tire & Rubber Co.                                                        | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    500000 | PA      | $487639.00    | 0.23%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HCA INC                                | HCA, Inc.                                                                         | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    179000 | PA      | $182672.72    | 0.08%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA INC                                | HCA, Inc.                                                                         | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    595000 | PA      | $591006.36    | 0.27%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDR4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    581000 | PA      | $592629.88    | 0.28%             | 2034-06-01      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co.                                                              | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $1024543.65   | 0.48%             | 2035-01-23      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co.                                                              | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    307000 | PA      | $314605.93    | 0.15%             | 2036-01-24      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| MCF CLO LLC                            | MCF CLO IX Ltd.                                                                   | CUSIP: 55281XAZ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $599799.00    | 0.28%             | 2036-04-17      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga         | MF1 2021-FL7 Ltd.                                                                 | CUSIP: 55284AAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    910500 | PA      | $909295.32    | 0.42%             | 2036-10-16      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga         | MF1 2022-FL8 Ltd.                                                                 | CUSIP: 55284JAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    448000 | PA      | $445910.08    | 0.21%             | 2037-02-19      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MAPS Trust                             | MAPS 2026-1 Trust                                                                 | CUSIP: 55293WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    763630 | PA      | $747467.50    | 0.35%             | 2051-01-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                | MPLX LP                                                                           | CUSIP: 55336VAP5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    983000 | PA      | $790653.44    | 0.37%             | 2058-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD               | Macquarie Airfinance Holdings Ltd.                                                | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     59000 | PA      | $61785.86     | 0.03%             | 2031-03-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD               | Macquarie Airfinance Holdings Ltd.                                                | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    848000 | PA      | $843637.04    | 0.39%             | 2030-03-17      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                | Macy's Retail Holdings LLC                                                        | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $168988.22    | 0.08%             | 2033-08-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Summer Issuer, LLC                     | Summit Issuer LLC                                                                 | CUSIP: 86613XAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    421812 | PA      | $417390.57    | 0.19%             | 2055-11-20      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                                                                | CUSIP: 86765BAV1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    275000 | PA      | $244734.88    | 0.11%             | 2047-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                    | Suzano Austria GmbH                                                               | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    313000 | PA      | $291034.91    | 0.14%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TIF Funding II LLC                     | TIF Funding II LLC                                                                | CUSIP: 872480AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    336302 | PA      | $306772.79    | 0.14%             | 2046-02-20      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-07

**Name of Applicant:** INVESTMENT MANAGERS SERIES TRUST

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President