# EDGAR Filing Document

**Accession Number:** 0001048702
**File Stem:** 0001752724-25-148530
**Filing Date:** 2025-6
**Character Count:** 359648
**Document Hash:** 4a412c73247ff553953ca6909e30b094
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-148530.hdr.sgml**: 20250618

**ACCESSION NUMBER**: 0001752724-25-148530

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250618

**DATE AS OF CHANGE**: 20250618

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0001048702

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08495
- **FILM NUMBER:** 251057088

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-435-5749

**MAIL ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARTMORE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20020125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19991015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE INVESTING FOUNDATION III
- **DATE OF NAME CHANGE:** 19971029

## Series and Classes Contracts Data

### Nationwide Loomis Core Bond Fund (Series ID: S000041106)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127632 | Class A                     | NWJGX           |
| C000127634 | Class R6                    | NWJIX           |
| C000127635 | Institutional Service Class | NWJJX           |
| C000255576 | Eagle Class                 | NWAZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nationwide Mutual Funds

- **b. Investment Company Act file number:** 811-08495

- **c. CIK number of Registrant:** 0001048702

- **d. LEI of Registrant:** 549300NXDT8MH8Z3PQ44

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

  - **Street Address 1:** One Nationwide Plaza

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43215

  - **Telephone number:** 614-435-3820

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

- **a. Name of Series:** Nationwide Loomis Core Bond Fund

- **b. EDGAR series identifier (if any):** S000041106

- **c. LEI of Series:** 549300ZRG1B2XM4FIS52

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $889802081.56

**Total Liabilities:** $57607438.60

**Net Assets:** $832194642.96

**Cash Not Reported:** $36050866.58

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1101.29175200 | **1-Year:** 23027.92630700 | **5-Year:** 86477.48420000 | **10-Year:** 121756.64835700 | **30-Year:** 30251.26808800

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

- **3-Month:** 0.00000000 | **1-Year:** 270.85751500 | **5-Year:** 449.17546900 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000127635 | 2.15%                | -0.07%               | 0.24%                |
| Class ID C000127634 | 2.16%                | -0.05%               | 0.26%                |
| Class ID C000255576 | 2.16%                | -0.05%               | 0.25%                |
| Class ID C000127632 | 2.19%                | -0.07%               | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2249906.33             | $321576.62                                 |
| Month 2  | $-1200749.61             | $-1937895.41                               |
| Month 3  | $-423628.58              | $9359.68                                   |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate Bond Total Return

- **Index Identifier:** LEHM.MC.LEHMRT00001UUSD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GNMA                                                                | GNMA, Series 2021-H08, Class IA                                                                | CUSIP: 38380QS86<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    373757 | PA      | $2907.64      | 0.00%             | 2068-01-20      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-163                                                                          | CUSIP: 38381D2H2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3534416 | PA      | $207617.60    | 0.02%             | 2064-03-16      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                                       | UniCredit SpA                                                                                  | CUSIP: 904678AU3<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1090000 | PA      | $1079850.37   | 0.13%             | 2026-09-22      | Variable      | 2.57%                 | Yes           |                  2 | On Loan: No      |
| British Airways Pass-Through Trust                                  | British Airways Pass-Through Trust, Series 2021-1, Class B                                     | CUSIP: 11042CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    615642 | PA      | $583396.15    | 0.07%             | 2031-09-15      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418ED56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    558827 | PA      | $464953.58    | 0.06%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                      | Carvana Auto Receivables Trust, Series 2023-P1, Class A3                                       | CUSIP: 14688EAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    765464 | PA      | $768986.33    | 0.09%             | 2027-12-10      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| Kite Realty Group Trust                                             | Kite Realty Group Trust                                                                        | CUSIP: 76131VAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    549000 | PA      | $542229.77    | 0.07%             | 2030-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                   | Wells Fargo & Co.                                                                              | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    750000 | PA      | $673406.72    | 0.08%             | 2033-03-02      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Receivables Trust                          | Exeter Select Automobile Receivables Trust, Series 2025-1, Class A3                            | CUSIP: 30185AAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295000 | PA      | $296502.67    | 0.04%             | 2030-04-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust                            | AmeriCredit Automobile Receivables Trust, Series 2024-1, Class A3                              | CUSIP: 023947AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    605000 | PA      | $611509.44    | 0.07%             | 2029-01-18      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                               | Westlake Automobile Receivables Trust, Series 2023-4A, Class A3                                | CUSIP: 96041AAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $504525.55    | 0.06%             | 2027-07-15      | Fixed         | 6.24%                 | Yes           |                  2 | On Loan: No      |
| Western-Southern Global Funding                                     | Western-Southern Global Funding                                                                | CUSIP: 95954A2A0<br>LEI: 635400PFYEGVSGK4VB37 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403549.74    | 0.05%             | 2030-05-01      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CME8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6510000 | PA      | $6568996.88   | 0.79%             | 2026-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Syensqo Finance America LLC                                         | Syensqo Finance America LLC                                                                    | CUSIP: 834423AF2<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |    600000 | PA      | $607856.92    | 0.07%             | 2034-06-04      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust                               | GM Financial Automobile Leasing Trust, Series 2024-2, Class A3                                 | CUSIP: 36269WAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $303013.29    | 0.04%             | 2027-07-20      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| FS KKR Capital Corp.                                                | FS KKR Capital Corp.                                                                           | CUSIP: 302635AM9<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    345000 | PA      | $360960.54    | 0.04%             | 2029-01-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5420000 | PA      | $4893455.46   | 0.59%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CEV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $983828.12    | 0.12%             | 2029-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                                               | SBNA Auto Lease Trust, Series 2024-C, Class A3                                                 | CUSIP: 78398DAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    205000 | PA      | $205260.76    | 0.02%             | 2028-02-22      | Fixed         | 4.56%                 | Yes           |                  2 | On Loan: No      |
| Alliant Energy Finance LLC                                          | Alliant Energy Finance LLC                                                                     | CUSIP: 01882YAB2<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1975603.96   | 0.24%             | 2028-06-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140QB7A0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    917494 | PA      | $854464.68    | 0.10%             | 2034-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418ED64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1029901 | PA      | $894438.58    | 0.11%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2017-H12, Class EZ                                                                | CUSIP: 38376R2U9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     78350 | PA      | $78775.00     | 0.01%             | 2066-06-20      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                            | CenterPoint Energy, Inc.                                                                       | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    840000 | PA      | $828937.28    | 0.10%             | 2055-05-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                             | Mercedes-Benz Finance North America LLC                                                        | CUSIP: 58769JBC0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   2930000 | PA      | $2938318.09   | 0.35%             | 2027-04-01      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                      | Enterprise Fleet Financing LLC, Series 2023-2, Class A2                                        | CUSIP: 29375NAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    297982 | PA      | $299830.51    | 0.04%             | 2030-04-22      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| New York Life Global Funding                                        | New York Life Global Funding                                                                   | CUSIP: 64952WFK4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    455000 | PA      | $460253.35    | 0.06%             | 2029-12-05      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: —       |
| Enterprise Fleet Financing LLC                                      | Enterprise Fleet Financing LLC, Series 2024-3, Class A4                                        | CUSIP: 29375QAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    460000 | PA      | $470071.06    | 0.06%             | 2031-03-20      | Fixed         | 5.06%                 | Yes           |                  2 | On Loan: No      |
| World Omni Select Auto Trust                                        | World Omni Select Auto Trust, Series 2024-A, Class A3                                          | CUSIP: 98164LAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251806.23    | 0.03%             | 2030-02-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Bain Capital Specialty Finance, Inc.                                | Bain Capital Specialty Finance, Inc.                                                           | CUSIP: 05684BAC1<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |    615000 | PA      | $587575.77    | 0.07%             | 2026-10-13      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                                     | Prestige Auto Receivables Trust, Series 2021-1A, Class C                                       | CUSIP: 74113XAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    269799 | PA      | $267264.06    | 0.03%             | 2028-02-15      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K157, Class X1                  | CUSIP: 3137FHQ89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8936870 | PA      | $34298.81     | 0.00%             | 2033-08-25      | Variable      | 0.16%                 | No            |                  2 | On Loan: No      |
| Mutual of Omaha Cos. Global Funding                                 | Mutual of Omaha Cos. Global Funding                                                            | CUSIP: 62829D2F6<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1126283.99   | 0.14%             | 2030-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| State Street Corp.                                                  | State Street Corp.                                                                             | CUSIP: 857477CW1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    705000 | PA      | $713370.80    | 0.09%             | 2030-02-28      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-145                                                                          | CUSIP: 38381DK58<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    785261 | PA      | $46758.50     | 0.01%             | 2061-07-16      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179XTC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    416464 | PA      | $409572.30    | 0.05%             | 2053-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K149, Class X1                  | CUSIP: 3137H93E7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6230259 | PA      | $119147.48    | 0.01%             | 2032-08-25      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding 1 LLC                                    | Wheels Fleet Lease Funding 1 LLC, Series 2024-3A, Class A1                                     | CUSIP: 96328GBZ9<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    465000 | PA      | $467704.86    | 0.06%             | 2039-09-19      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Alexander Funding Trust II                                          | Alexander Funding Trust II                                                                     | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $297287.31    | 0.04%             | 2028-07-31      | Fixed         | 7.47%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179W7L6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1484379 | PA      | $1351494.43   | 0.16%             | 2052-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                                    | Principal Life Global Funding II                                                               | CUSIP: 74256LFA2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    520000 | PA      | $522956.06    | 0.06%             | 2027-08-19      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWE41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    875179 | PA      | $791035.42    | 0.10%             | 2052-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWEF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5169335 | PA      | $4299631.56   | 0.52%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                               | International Business Machines Corp.                                                          | CUSIP: 459200LG4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   1645000 | PA      | $1665242.76   | 0.20%             | 2030-02-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA ACES, Series 2020-M36, Class X1                                                           | CUSIP: 3136BBBW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    737959 | PA      | $39247.71     | 0.00%             | 2034-09-25      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                      | Blackstone Private Credit Fund                                                                 | CUSIP: 09261HBX4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247916.21    | 0.03%             | 2032-01-29      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp.                                              | Blue Owl Capital Corp.                                                                         | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    120000 | PA      | $119680.21    | 0.01%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Edison International                                                | Edison International                                                                           | CUSIP: 281020AU1<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    840000 | PA      | $838194.34    | 0.10%             | 2025-08-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LXP Industrial Trust                                                | LXP Industrial Trust                                                                           | CUSIP: 529043AF8<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |    900000 | PA      | $956863.79    | 0.11%             | 2028-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| Philip Morris International, Inc.                                   | Philip Morris International, Inc.                                                              | CUSIP: 718172DB2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256003.18    | 0.03%             | 2033-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| NatWest Group plc                                                   | NatWest Group plc                                                                              | CUSIP: 639057AS7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    620000 | PA      | $623111.66    | 0.07%             | 2030-08-15      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                     | Sumitomo Mitsui Trust Bank Ltd.                                                                | CUSIP: 86563VBP3<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    675000 | PA      | $685815.98    | 0.08%             | 2027-03-07      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| DT Auto Owner Trust                                                 | DT Auto Owner Trust, Series 2023-2A, Class B                                                   | CUSIP: 23346CAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    424768 | PA      | $425137.65    | 0.05%             | 2029-02-15      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Target Corp.                                                        | Target Corp.                                                                                   | CUSIP: 87612EBT2<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1716457.81   | 0.21%             | 2035-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                           | Nippon Life Insurance Co.                                                                      | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    935000 | PA      | $948588.62    | 0.11%             | 2055-04-30      | Variable      | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MassMutual Global Funding II                                        | MassMutual Global Funding II                                                                   | CUSIP: 57629W4T4<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    750000 | PA      | $770747.92    | 0.09%             | 2029-05-30      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| SCF Equipment Trust LLC                                             | SCF Equipment Trust LLC, Series 2025-1A, Class A3                                              | CUSIP: 78437DAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    615000 | PA      | $625759.18    | 0.08%             | 2033-11-21      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| Fells Point Funding Trust                                           | Fells Point Funding Trust                                                                      | CUSIP: 314382AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2550100.35   | 0.31%             | 2027-01-31      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| Vale Overseas Ltd.                                                  | Vale Overseas Ltd.                                                                             | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |   1265000 | PA      | $1221783.93   | 0.15%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                               | Lockheed Martin Corp.                                                                          | CUSIP: 539830BB4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124167.40    | 0.01%             | 2042-12-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust                        | American Credit Acceptance Receivables Trust, Series 2023-4, Class B                           | CUSIP: 02530CAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    251578 | PA      | $252113.73    | 0.03%             | 2028-02-14      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                        | Oracle Corp.                                                                                   | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    700000 | PA      | $545605.81    | 0.07%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CNH Industrial Capital LLC                                          | CNH Industrial Capital LLC                                                                     | CUSIP: 12592BAN4<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    575000 | PA      | $574713.24    | 0.07%             | 2025-05-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                                 | Exeter Automobile Receivables Trust, Series 2024-3A, Class A3                                  | CUSIP: 30165AAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $501650.30    | 0.06%             | 2027-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                                | Mitsubishi UFJ Financial Group, Inc.                                                           | CUSIP: 606822DL5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   2055000 | PA      | $2099345.85   | 0.25%             | 2036-04-24      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Weir Group plc (The)                                                | Weir Group plc (The)                                                                           | CUSIP: 94877DAA2<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    930000 | PA      | $934300.16    | 0.11%             | 2030-05-06      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| Comerica, Inc.                                                      | Comerica, Inc.                                                                                 | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    295000 | PA      | $298623.29    | 0.04%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                                   | American Electric Power Co., Inc.                                                              | CUSIP: 02557TAD1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    750000 | PA      | $751627.79    | 0.09%             | 2025-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CJF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8880000 | PA      | $9239015.65   | 1.11%             | 2028-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA ACES, Series 2020-M43, Class X1                                                           | CUSIP: 3136BBS94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4681451 | PA      | $279991.94    | 0.03%             | 2034-08-25      | Variable      | 1.99%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                      | Enterprise Fleet Financing LLC, Series 2025-1, Class A3                                        | CUSIP: 29390HAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $333807.74    | 0.04%             | 2029-02-20      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                                      | Citizens Financial Group, Inc.                                                                 | CUSIP: 174610BE4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    395000 | PA      | $382841.69    | 0.05%             | 2037-05-21      | Variable      | 5.64%                 | No            |                  2 | On Loan: —       |
| Hyundai Capital America                                             | Hyundai Capital America                                                                        | CUSIP: 44891ABP1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    385000 | PA      | $363370.70    | 0.04%             | 2027-10-15      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                      | Element Fleet Management Corp.                                                                 | CUSIP: 286181AD4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |    815000 | PA      | $813367.61    | 0.10%             | 2025-06-15      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| CubeSmart LP                                                        | CubeSmart LP                                                                                   | CUSIP: 22966RAC0<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    126000 | PA      | $125485.02    | 0.02%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                 | Societe Generale SA                                                                            | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1205000 | PA      | $1214340.53   | 0.15%             | 2027-02-19      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| VICI Properties LP                                                  | VICI Properties LP                                                                             | CUSIP: 925650AJ2<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    630000 | PA      | $629981.35    | 0.08%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2015-55, Class IN                                                                 | CUSIP: 3136APF31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    242519 | PA      | $33000.31     | 0.00%             | 2045-08-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWDC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1177623 | PA      | $935120.25    | 0.11%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Crown Castle, Inc.                                                  | Crown Castle, Inc.                                                                             | CUSIP: 22822VAB7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69747.81     | 0.01%             | 2026-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| M&T Equipment Notes                                                 | M&T Equipment Notes, Series 2023-1A, Class A3                                                  | CUSIP: 551925AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $387606.99    | 0.05%             | 2030-07-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140J6GM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    357514 | PA      | $338338.63    | 0.04%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NatWest Markets plc                                                 | NatWest Markets plc                                                                            | CUSIP: 63906YAM0<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1495000 | PA      | $1505112.11   | 0.18%             | 2028-03-21      | Fixed         | 4.79%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                           | Vistra Operations Co. LLC                                                                      | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199448.28    | 0.02%             | 2026-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                      | Carvana Auto Receivables Trust, Series 2024-P4, Class A3                                       | CUSIP: 14076LAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235000 | PA      | $236320.02    | 0.03%             | 2030-01-10      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                                     | Blackstone Secured Lending Fund                                                                | CUSIP: 09261XAK8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    845000 | PA      | $822778.40    | 0.10%             | 2030-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13365000 | PA      | $9271446.71   | 1.11%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                             | GA Global Funding Trust                                                                        | CUSIP: 36143L2T1<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   1295000 | PA      | $1305792.40   | 0.16%             | 2032-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| Universal Health Services, Inc.                                     | Universal Health Services, Inc.                                                                | CUSIP: 913903BB5<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    445000 | PA      | $433569.04    | 0.05%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GE HealthCare Technologies, Inc.                                    | GE HealthCare Technologies, Inc.                                                               | CUSIP: 36267VAH6<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1048316.36   | 0.13%             | 2030-03-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: —       |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810UB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2590000 | PA      | $2569664.46   | 0.31%             | 2044-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-132, Class LI                                                                | CUSIP: 38381Y5Y6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    138499 | PA      | $13216.55     | 0.00%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bacardi-Martini BV                                                  | Bacardi-Martini BV                                                                             | CUSIP: 05634WAA0<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | NL        |   1610000 | PA      | $1642200.08   | 0.20%             | 2030-02-01      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| NetApp, Inc.                                                        | NetApp, Inc.                                                                                   | CUSIP: 64110DAL8<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    535000 | PA      | $532711.54    | 0.06%             | 2025-06-22      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3670000 | PA      | $3321636.70   | 0.40%             | 2043-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Warnermedia Holdings, Inc.                                          | Warnermedia Holdings, Inc.                                                                     | CUSIP: 55903VBC6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    500000 | PA      | $428140.24    | 0.05%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                        | GS Mortgage Securities Trust, Series 2020-GC45, Class A5                                       | CUSIP: 36258YBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    415000 | PA      | $384447.33    | 0.05%             | 2053-02-13      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| Imperial Brands Finance plc                                         | Imperial Brands Finance plc                                                                    | CUSIP: 45262BAG8<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1541474.60   | 0.19%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  37255000 | PA      | $38247496.30  | 4.60%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                      | DTE Energy Co.                                                                                 | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    595000 | PA      | $601127.03    | 0.07%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                                  | Ryder System, Inc.                                                                             | CUSIP: 78355HLE7<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    420000 | PA      | $423559.11    | 0.05%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2022-4, Class B                                 | CUSIP: 80286FAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    415360 | PA      | $414937.79    | 0.05%             | 2027-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140A1DZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    130215 | PA      | $134987.25    | 0.02%             | 2053-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                         | Capital One Financial Corp.                                                                    | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    655000 | PA      | $646842.98    | 0.08%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: —       |
| Danske Bank A/S                                                     | Danske Bank A/S                                                                                | CUSIP: 23636ABE0<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    270000 | PA      | $271525.67    | 0.03%             | 2026-09-22      | Variable      | 6.26%                 | Yes           |                  2 | On Loan: No      |
| DT Auto Owner Trust                                                 | DT Auto Owner Trust, Series 2021-4A, Class C                                                   | CUSIP: 26253WAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     27921 | PA      | $27883.30     | 0.00%             | 2027-09-15      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| CF SECURED LLC                                                      | Treasury Repurchase Agreement                                                                  | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |   6404706 | PA      | $6404706.50   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                      | Morgan Stanley                                                                                 | CUSIP: 61747YFU4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1440387.68   | 0.17%             | 2030-10-18      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio, Inc.                                              | Duke Energy Ohio, Inc.                                                                         | CUSIP: 26442EAJ9<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |    865000 | PA      | $878761.78    | 0.11%             | 2033-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-151                                                                          | CUSIP: 38381DM23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3257489 | PA      | $229190.08    | 0.03%             | 2063-04-16      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| Cardinal Health, Inc.                                               | Cardinal Health, Inc.                                                                          | CUSIP: 14149YBR8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   1595000 | PA      | $1621542.99   | 0.19%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                               | PayPal Holdings, Inc.                                                                          | CUSIP: 70450YAT0<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1552762.40   | 0.19%             | 2035-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding 1 LLC                                    | Wheels Fleet Lease Funding 1 LLC, Series 2024-2A, Class A1                                     | CUSIP: 96328GBT3<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $497933.67    | 0.06%             | 2039-06-21      | Fixed         | 4.87%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2021-24                                                                           | CUSIP: 3136BF2M4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3586356 | PA      | $206269.98    | 0.02%             | 2059-03-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| Harbour Energy plc                                                  | Harbour Energy plc                                                                             | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    615000 | PA      | $584457.56    | 0.07%             | 2035-04-01      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: —       |
| Wells Fargo Commercial Mortgage Trust                               | Wells Fargo Commercial Mortgage Trust, Series 2022-C62, Class A4                               | CUSIP: 95003MBS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1405000 | PA      | $1325206.40   | 0.16%             | 2055-04-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                                               | SBNA Auto Lease Trust, Series 2024-B, Class A3                                                 | CUSIP: 78437VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    845000 | PA      | $853627.37    | 0.10%             | 2027-11-22      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                          | HPS Corporate Lending Fund                                                                     | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    815000 | PA      | $814441.65    | 0.10%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                  | General Motors Financial Co., Inc.                                                             | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    520000 | PA      | $522268.15    | 0.06%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CNH Industrial Capital LLC                                          | CNH Industrial Capital LLC                                                                     | CUSIP: 12592BAU8<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    720000 | PA      | $723342.47    | 0.09%             | 2028-03-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CBS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $935664.06    | 0.11%             | 2028-03-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                     | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144032.07    | 0.02%             | 2027-09-10      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                                     | CSAIL Commercial Mortgage Trust, Series 2019-C18, Class A4                                     | CUSIP: 12597DAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    765000 | PA      | $706061.65    | 0.08%             | 2052-12-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                | FHLB                                                                                           | CUSIP: 3130B0X87<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |   4400000 | PA      | $4527032.36   | 0.54%             | 2034-03-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                 | Synchrony Financial                                                                            | CUSIP: 87165BAS2<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    165000 | PA      | $164874.66    | 0.02%             | 2025-06-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                                          | Flagship Credit Auto Trust, Series 2022-4, Class A3                                            | CUSIP: 33843XAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    318285 | PA      | $318836.43    | 0.04%             | 2027-06-15      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2017-H13, Class JZ                                                                | CUSIP: 38375UB74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    114906 | PA      | $116626.35    | 0.01%             | 2067-05-20      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                                      | M&T Bank Corp.                                                                                 | CUSIP: 55261FAV6<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    915000 | PA      | $890624.73    | 0.11%             | 2036-01-16      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-H18, Class DF                                                                | CUSIP: 38380LL27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    159881 | PA      | $159793.78    | 0.02%             | 2069-10-20      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                                         | Penske Truck Leasing Co. LP                                                                    | CUSIP: 709599BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $399176.96    | 0.05%             | 2025-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2017-26, Class ID                                                                 | CUSIP: 3136AWDD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    196076 | PA      | $31202.01     | 0.00%             | 2047-04-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IQVIA, Inc.                                                         | IQVIA, Inc.                                                                                    | CUSIP: 46266TAC2<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    430000 | PA      | $437550.80    | 0.05%             | 2028-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                          | Aviation Capital Group LLC                                                                     | CUSIP: 05369AAS0<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    885000 | PA      | $875678.05    | 0.11%             | 2030-04-10      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Extra Space Storage LP                                              | Extra Space Storage LP                                                                         | CUSIP: 30225VAJ6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    260000 | PA      | $268270.13    | 0.03%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CLL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2325000 | PA      | $2314283.19   | 0.28%             | 2027-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| 720 East CLO V Ltd.                                                 | 720 East CLO V Ltd., Series 2024-2A, Class A1                                                  | CUSIP: 81789MAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1400372.40   | 0.17%             | 2037-07-20      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140KDM98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4286021 | PA      | $3764458.79   | 0.45%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                                          | Hudsons Bay Simon JV Trust, Series 2015-HB10, Class A10                                        | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2015000 | PA      | $1990207.84   | 0.24%             | 2034-08-05      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-12                                                                           | CUSIP: 38380RTF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2893561 | PA      | $202904.62    | 0.02%             | 2063-03-16      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3133B9AM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1586288 | PA      | $1324406.10   | 0.16%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | U.S. Treasury 10 Year Ultra Note                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -57 | NC      | $-63036.68    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Finance North America LLC                             | Daimler Truck Finance North America LLC                                                        | CUSIP: 233853BF6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1540068.70   | 0.19%             | 2035-01-13      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: —       |
| FHLMC                                                               | FHLMC, Series 5214, Class BI                                                                   | CUSIP: 3137H6RQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     98491 | PA      | $3715.51      | 0.00%             | 2052-04-25      | Variable      | 0.89%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                                            | Arthur J Gallagher & Co.                                                                       | CUSIP: 04316JAB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $619879.34    | 0.07%             | 2052-03-09      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                      | Element Fleet Management Corp.                                                                 | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   1020000 | PA      | $1014993.70   | 0.12%             | 2030-03-25      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Capital Corp. II                                           | Blue Owl Capital Corp. II                                                                      | CUSIP: 69121DAD2<br>LEI: 549300MMNWZO5XKDDX47 | Long             | DBT              | CORP              | US        |    305000 | PA      | $317640.51    | 0.04%             | 2026-11-15      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140XMC79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3771240 | PA      | $3144980.70   | 0.38%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIB Group plc                                                       | AIB Group plc                                                                                  | CUSIP: 00135TAC8<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |    690000 | PA      | $698183.81    | 0.08%             | 2026-10-14      | Variable      | 7.58%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EHV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    348920 | PA      | $290254.85    | 0.03%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux Sarl                                            | JBS USA Holding Lux Sarl                                                                       | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    610000 | PA      | $622635.45    | 0.07%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| FHLMC                                                               | FHLMC, Series 5115, Class FD                                                                   | CUSIP: 3137H0W95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.16         | 0.00%             | 2043-08-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                     | Danske Bank A/S                                                                                | CUSIP: 23636ABK6<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   1435000 | PA      | $1439753.19   | 0.17%             | 2031-03-04      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DUNX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5757910 | PA      | $5510619.88   | 0.66%             | 2054-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                                   | GLS Auto Select Receivables Trust, Series 2024-3A, Class A2                                    | CUSIP: 37989EAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    514819 | PA      | $521345.84    | 0.06%             | 2029-10-15      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                        | Blue Owl Credit Income Corp.                                                                   | CUSIP: 69120VBB6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    560000 | PA      | $590733.88    | 0.07%             | 2028-06-13      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue | Metropolitan Washington Airports Authority Dulles Toll Road Revenue, Series D                  | CUSIP: 592643AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $696352.14    | 0.08%             | 2046-10-01      | Fixed         | 7.46%                 | No            |                  2 | On Loan: No      |
| Welltower OP LLC                                                    | Welltower OP LLC                                                                               | CUSIP: 42217KBF2<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174902.91    | 0.02%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                 | Antares Holdings LP                                                                            | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    440000 | PA      | $438697.49    | 0.05%             | 2029-10-23      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6015000 | PA      | $5877547.87   | 0.71%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Amgen, Inc.                                                         | Amgen, Inc.                                                                                    | CUSIP: 031162DH0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    325000 | PA      | $319840.90    | 0.04%             | 2029-08-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust                        | American Credit Acceptance Receivables Trust, Series 2023-3, Class C                           | CUSIP: 02530EAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $503580.90    | 0.06%             | 2029-10-12      | Fixed         | 6.44%                 | Yes           |                  2 | On Loan: No      |
| Cox Communications, Inc.                                            | Cox Communications, Inc.                                                                       | CUSIP: 224044CV7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1359545.96   | 0.16%             | 2054-09-01      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: —       |
| BBCMS Mortgage Trust                                                | BBCMS Mortgage Trust, Series 2021-C12, Class A5                                                | CUSIP: 05552XBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1470000 | PA      | $1292107.80   | 0.16%             | 2054-11-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| CSMC OA LLC                                                         | CSMC OA LLC, Series 2014-USA, Class A1                                                         | CUSIP: 12649AAA7<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    334917 | PA      | $317720.29    | 0.04%             | 2037-09-15      | Fixed         | 3.30%                 | Yes           |                  2 | On Loan: No      |
| Corebridge Global Funding                                           | Corebridge Global Funding                                                                      | CUSIP: 00138CBA5<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    800000 | PA      | $813731.84    | 0.10%             | 2029-06-24      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Southwest Gas Corp.                                                 | Southwest Gas Corp.                                                                            | CUSIP: 845011AD7<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |    780000 | PA      | $493994.72    | 0.06%             | 2051-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Five Corners Funding Trust IV                                       | Five Corners Funding Trust IV                                                                  | CUSIP: 33835PAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $191884.64    | 0.02%             | 2053-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-33                                                                           | CUSIP: 38380RVE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2409019 | PA      | $156642.82    | 0.02%             | 2062-10-16      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| Tyco Electronics Group SA                                           | Tyco Electronics Group SA                                                                      | CUSIP: 902133BA4<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |   1040000 | PA      | $1047597.50   | 0.13%             | 2030-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                            | John Deere Capital Corp.                                                                       | CUSIP: 24422EXN4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    810000 | PA      | $829744.83    | 0.10%             | 2031-03-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36208CGG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2680 | PA      | $2713.69      | 0.00%             | 2028-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE NY BRANCH                                          | Treasury Repurchase Agreement                                                                  | CUSIP: N/A<br>LEI: 254900J6B390XMPVLV82       | Long             | RA               | CORP              | US        |   3000000 | PA      | $3000000.00   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                              | Extra Space Storage LP                                                                         | CUSIP: 30225VAP2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    850000 | PA      | $742831.05    | 0.09%             | 2030-10-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: —       |
| GE Capital Funding LLC                                              | GE Capital Funding LLC                                                                         | CUSIP: 36166NAK9<br>LEI: 549300XAGH9TOLX5XM67 | Long             | DBT              | CORP              | US        |    322000 | PA      | $317185.60    | 0.04%             | 2032-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CES6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1931093.76   | 0.23%             | 2029-05-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Guardian Life Global Funding                                        | Guardian Life Global Funding                                                                   | CUSIP: 40139LBK8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |   1335000 | PA      | $1352675.15   | 0.16%             | 2030-04-28      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust                                 | PenFed Auto Receivables Owner Trust, Series 2024-A, Class A3                                   | CUSIP: 70687FAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $366728.49    | 0.04%             | 2029-06-15      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Carmax Select Receivables Trust                                     | Carmax Select Receivables Trust, Series 2024-A, Class A3                                       | CUSIP: 14319FAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $252583.08    | 0.03%             | 2028-11-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                          | LAD Auto Receivables Trust, Series 2024-1A, Class A4                                           | CUSIP: 501689AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195000 | PA      | $196560.20    | 0.02%             | 2028-09-15      | Fixed         | 5.17%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25285000 | PA      | $26180839.71  | 3.15%             | 2029-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Chase Issuance Trust                                                | Chase Issuance Trust, Series 2023-A1, Class A                                                  | CUSIP: 161571HT4<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1520084.10   | 0.18%             | 2028-09-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                             | Raizen Fuels Finance SA                                                                        | CUSIP: 75102XAC0<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    235000 | PA      | $222179.20    | 0.03%             | 2054-03-05      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                        | Avolon Holdings Funding Ltd.                                                                   | CUSIP: 05401AAZ4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    305000 | PA      | $304044.28    | 0.04%             | 2030-05-30      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36225BEA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18231 | PA      | $18749.43     | 0.00%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                 | Citigroup Commercial Mortgage Trust, Series 2019-C7, Class A4                                  | CUSIP: 17328CAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    910000 | PA      | $853913.88    | 0.10%             | 2072-12-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Verizon Communications, Inc.                                        | Verizon Communications, Inc.                                                                   | CUSIP: 92343VGZ1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1105648.07   | 0.13%             | 2035-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                        | American Honda Finance Corp.                                                                   | CUSIP: 02665WFZ9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1970378.52   | 0.24%             | 2035-03-05      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                                      | Aircastle Ltd.                                                                                 | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    885000 | PA      | $835184.97    | 0.10%             | 2028-01-26      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-21                                                                           | CUSIP: 38381B5J9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3222961 | PA      | $481284.78    | 0.06%             | 2049-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Carmax Auto Owner Trust                                             | Carmax Auto Owner Trust, Series 2023-2, Class A3                                               | CUSIP: 142921AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    798250 | PA      | $800974.41    | 0.10%             | 2028-01-18      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                        | CubeSmart LP                                                                                   | CUSIP: 22966RAD8<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |    450000 | PA      | $440717.33    | 0.05%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                                   | Philip Morris International, Inc.                                                              | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124401.23    | 0.01%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Wise CLO Ltd.                                                       | Wise CLO Ltd., Series 2024-2A, Class A                                                         | CUSIP: 97718GAA1<br>LEI: 254900UJ1RZE30CBZ497 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1494792.00   | 0.18%             | 2037-07-15      | Floating      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CKX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11615000 | PA      | $11869985.49  | 1.43%             | 2029-06-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2018-82                                                                           | CUSIP: 38380XAG2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8765264 | PA      | $263454.92    | 0.03%             | 2058-05-16      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| GATX Corp.                                                          | GATX Corp.                                                                                     | CUSIP: 361448BS1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    420000 | PA      | $416342.40    | 0.05%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                        | Marriott International, Inc.                                                                   | CUSIP: 571903BU6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1247077.29   | 0.15%             | 2037-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Starwood Retail Property Trust                                      | Starwood Retail Property Trust, Series 2014-STAR, Class A                                      | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |    599090 | PA      | $389168.75    | 0.05%             | 2027-11-15      | Floating      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                                   | World Omni Auto Receivables Trust, Series 2024-C, Class A3                                     | CUSIP: 98164NAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    535000 | PA      | $537128.18    | 0.06%             | 2029-12-17      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Amcor Group Finance plc                                             | Amcor Group Finance plc                                                                        | CUSIP: 02344BAA4<br>LEI: 2549008XHB8M1L64J275 | Long             | DBT              | CORP              | GB        |   2115000 | PA      | $2155371.54   | 0.26%             | 2029-05-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                                     | Jefferies Financial Group, Inc.                                                                | CUSIP: 47233WBM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    670000 | PA      | $687590.80    | 0.08%             | 2028-07-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1495000 | PA      | $1266954.11   | 0.15%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Reach ABS Trust                                                     | Reach ABS Trust, Series 2024-2A, Class A                                                       | CUSIP: 75525HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    259458 | PA      | $260266.97    | 0.03%             | 2031-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Illumina, Inc.                                                      | Illumina, Inc.                                                                                 | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    620000 | PA      | $620070.57    | 0.07%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                           | RTX Corp.                                                                                      | CUSIP: 913017CY3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1140798.09   | 0.14%             | 2028-11-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PepsiCo, Inc.                                                       | PepsiCo, Inc.                                                                                  | CUSIP: 713448GC6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1338162.72   | 0.16%             | 2035-02-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| NLG Global Funding                                                  | NLG Global Funding                                                                             | CUSIP: 62915W2A0<br>LEI: 635400SKBQOWEJZLTW68 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1447477.38   | 0.17%             | 2030-01-23      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust                                   | GLS Auto Receivables Issuer Trust, Series 2024-2A, Class B                                     | CUSIP: 37964VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660000 | PA      | $668233.50    | 0.08%             | 2028-11-15      | Fixed         | 5.77%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-H01, Class FT                                                                | CUSIP: 38380LNQ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    390359 | PA      | $389371.89    | 0.05%             | 2068-10-20      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140QN3E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4978474 | PA      | $4332650.44   | 0.52%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                        | Barclays plc                                                                                   | CUSIP: 06738ECY9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    925000 | PA      | $937352.11    | 0.11%             | 2031-02-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                                          | Constellation Brands, Inc.                                                                     | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    440000 | PA      | $440772.93    | 0.05%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                  | Energy Transfer LP                                                                             | CUSIP: 29273RBG3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499735.97    | 0.06%             | 2026-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Auxilior Term Funding LLC                                           | Auxilior Term Funding LLC, Series 2023-1A, Class A2                                            | CUSIP: 05335JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    134719 | PA      | $135859.55    | 0.02%             | 2028-12-15      | Fixed         | 6.18%                 | Yes           |                  2 | On Loan: No      |
| Public Service Co. of Colorado                                      | Public Service Co. of Colorado                                                                 | CUSIP: 744448DB4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1924642.80   | 0.23%             | 2055-05-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FS KKR Capital Corp.                                                | FS KKR Capital Corp.                                                                           | CUSIP: 302635AP2<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    565000 | PA      | $555295.53    | 0.07%             | 2030-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Mitsubishi HC Finance America LLC                                   | Mitsubishi HC Finance America LLC                                                              | CUSIP: 606790AC7<br>LEI: 3538008O2MCHLB9FAL82 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1141625.76   | 0.14%             | 2029-10-24      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                 | COMM Mortgage Trust, Series 2024-CBM, Class A2                                                 | CUSIP: 12674GAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185000 | PA      | $188690.62    | 0.02%             | 2041-12-10      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                               | Banque Federative du Credit Mutuel SA                                                          | CUSIP: 06675DCN0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1415000 | PA      | $1462142.92   | 0.18%             | 2030-01-22      | Fixed         | 5.54%                 | Yes           |                  2 | On Loan: —       |
| Healthpeak OP LLC                                                   | Healthpeak OP LLC                                                                              | CUSIP: 40414LAQ2<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172095.69    | 0.02%             | 2026-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp. Trust                                  | GS Mortgage Securities Corp. Trust, Series 2012-BWTR, Class A                                  | CUSIP: 36192RAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1007194 | PA      | $866739.27    | 0.10%             | 2034-11-05      | Fixed         | 2.95%                 | Yes           |                  2 | On Loan: No      |
| Equifax, Inc.                                                       | Equifax, Inc.                                                                                  | CUSIP: 294429AW5<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    580000 | PA      | $589405.14    | 0.07%             | 2028-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                               | Westlake Automobile Receivables Trust, Series 2024-3A, Class A3                                | CUSIP: 96043CAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1515000 | PA      | $1516265.33   | 0.18%             | 2028-04-17      | Fixed         | 4.71%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                                | BBCMS Mortgage Trust, Series 2020-BID, Class A                                                 | CUSIP: 05493BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1095000 | PA      | $1096368.75   | 0.13%             | 2037-10-15      | Floating      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Ares Capital Corp.                                                  | Ares Capital Corp.                                                                             | CUSIP: 04010LBH5<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    570000 | PA      | $556848.75    | 0.07%             | 2032-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9500000 | PA      | $5873671.88   | 0.71%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                       | Massachusetts Educational Financing Authority                                                  | CUSIP: 57563NAB4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | ABS-O            | MUN               | US        |    151409 | PA      | $149052.24    | 0.02%             | 2033-05-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Golden Bear LLC                                                     | Golden Bear LLC, Series 2016-1A, Class A                                                       | CUSIP: 38081EAA9<br>LEI: 549300T04S4BVE82F105 | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.03         | 0.00%             | 2047-09-20      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWF57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3464370 | PA      | $3400641.04   | 0.41%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co.                                                    | DTE Electric Co.                                                                               | CUSIP: 23338VAS5<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    825000 | PA      | $836787.05    | 0.10%             | 2033-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SBL Holdings, Inc.                                                  | SBL Holdings, Inc.                                                                             | CUSIP: 78397DAD0<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    875000 | PA      | $820279.64    | 0.10%             | 2034-10-30      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: —       |
| Eastman Chemical Co.                                                | Eastman Chemical Co.                                                                           | CUSIP: 277432AZ3<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    470000 | PA      | $473560.30    | 0.06%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Global Funding                                | Jackson National Life Global Funding                                                           | CUSIP: 46849LTC5<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |    195000 | PA      | $194765.02    | 0.02%             | 2025-06-11      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                                   | GLS Auto Select Receivables Trust, Series 2024-4A, Class A2                                    | CUSIP: 36271BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    383882 | PA      | $383484.61    | 0.05%             | 2029-12-17      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                                        | Drive Auto Receivables Trust, Series 2024-2, Class B                                           | CUSIP: 26207AAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    815000 | PA      | $813747.59    | 0.10%             | 2029-07-16      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Enact Holdings, Inc.                                                | Enact Holdings, Inc.                                                                           | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1074946.67   | 0.13%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3133B9Z56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4724603 | PA      | $4105507.42   | 0.49%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GATX Corp.                                                          | GATX Corp.                                                                                     | CUSIP: 361448BP7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    325000 | PA      | $329439.30    | 0.04%             | 2027-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC                                          | AerCap Ireland Capital DAC                                                                     | CUSIP: 00774MBP9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    255000 | PA      | $255968.70    | 0.03%             | 2031-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                             | National Bank of Canada                                                                        | CUSIP: 63307A3B9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    990000 | PA      | $985724.38    | 0.12%             | 2029-10-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DPQF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    862839 | PA      | $783841.26    | 0.09%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DQG67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    474784 | PA      | $454709.02    | 0.05%             | 2053-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179W7K8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4466486 | PA      | $3954772.30   | 0.48%             | 2052-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                                        | Mizuho Financial Group, Inc.                                                                   | CUSIP: 60687YDH9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    920000 | PA      | $934230.19    | 0.11%             | 2031-05-13      | Variable      | 5.10%                 | No            |                  2 | On Loan: —       |
| Suntory Holdings Ltd.                                               | Suntory Holdings Ltd.                                                                          | CUSIP: 86803UAE1<br>LEI: 54930074QUY8RD0UZM08 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $408950.68    | 0.05%             | 2029-06-11      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: —       |
| McDonald's Corp.                                                    | McDonald's Corp.                                                                               | CUSIP: 58013MGA6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1160649.25   | 0.14%             | 2035-03-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| Take-Two Interactive Software, Inc.                                 | Take-Two Interactive Software, Inc.                                                            | CUSIP: 874054AK5<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    685000 | PA      | $696886.98    | 0.08%             | 2028-03-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179XVT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1905192 | PA      | $1910786.80   | 0.23%             | 2053-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                                  | Ryder System, Inc.                                                                             | CUSIP: 78355HLF4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    670000 | PA      | $671572.02    | 0.08%             | 2030-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                 | Antares Holdings LP                                                                            | CUSIP: 03666HAE1<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    655000 | PA      | $625590.03    | 0.08%             | 2027-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Oklahoma Gas and Electric Co.                                       | Oklahoma Gas and Electric Co.                                                                  | CUSIP: 678858BZ3<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |    645000 | PA      | $634605.72    | 0.08%             | 2055-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                                     | SEB Funding LLC, Series 2024-1A, Class A2                                                      | CUSIP: 78433DAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | PA      | $404761.83    | 0.05%             | 2054-04-30      | Fixed         | 7.39%                 | Yes           |                  2 | On Loan: No      |
| ING Groep NV                                                        | ING Groep NV                                                                                   | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1065000 | PA      | $1072288.08   | 0.13%             | 2029-03-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                | JPMorgan Chase & Co.                                                                           | CUSIP: 46647PER3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1269685.01   | 0.15%             | 2035-10-22      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Air Canada                                                          | Air Canada                                                                                     | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    420000 | PA      | $412122.90    | 0.05%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2010-57, Class SA                                                                 | CUSIP: 31398RG82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1054025 | PA      | $114368.15    | 0.01%             | 2040-06-25      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                         | Toronto-Dominion Bank (The)                                                                    | CUSIP: 89115A3G5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    885000 | PA      | $901825.52    | 0.11%             | 2032-01-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Sammons Financial Group, Inc.                                       | Sammons Financial Group, Inc.                                                                  | CUSIP: 79588TAF7<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |    675000 | PA      | $705014.81    | 0.08%             | 2034-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Genuine Parts Co.                                                   | Genuine Parts Co.                                                                              | CUSIP: 372460AF2<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    840000 | PA      | $844156.93    | 0.10%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                               | Targa Resources Corp.                                                                          | CUSIP: 87612GAN1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1582934.98   | 0.19%             | 2055-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-106                                                                          | CUSIP: 38381DMB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2907730 | PA      | $194428.87    | 0.02%             | 2063-04-16      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust                               | GM Financial Automobile Leasing Trust, Series 2025-1, Class A3                                 | CUSIP: 36271VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    560000 | PA      | $563999.52    | 0.07%             | 2028-02-21      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Western Union Co. (The)                                             | Western Union Co. (The)                                                                        | CUSIP: 959802AZ2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |    235000 | PA      | $227729.65    | 0.03%             | 2026-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| CME Group, Inc.                                                     | CME Group, Inc.                                                                                | CUSIP: 12572QAL9<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2079649.60   | 0.25%             | 2030-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                             | Hyundai Capital America                                                                        | CUSIP: 44891ABT3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    140000 | PA      | $129274.68    | 0.02%             | 2028-01-10      | Fixed         | 1.80%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC, Series 5094                                                                             | CUSIP: 3137FYQ41<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    793245 | PA      | $53441.88     | 0.01%             | 2048-12-15      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| SPGN Mortgage Trust                                                 | SPGN Mortgage Trust, Series 2022-TFLM, Class A                                                 | CUSIP: 78473HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1495000 | PA      | $1476352.27   | 0.18%             | 2039-02-15      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | FNMA                                                                                           | CUSIP: 3138LMM34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1935802 | PA      | $1809052.19   | 0.22%             | 2033-02-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JB Hunt Transport Services, Inc.                                    | JB Hunt Transport Services, Inc.                                                               | CUSIP: 445658CG0<br>LEI: 549300XCD1MPI1C5GK90 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1166564.33   | 0.14%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                             | MPLX LP                                                                                        | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    696000 | PA      | $678093.50    | 0.08%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                            | Avis Budget Rental Car Funding AESOP LLC, Series 2024-1A, Class A                              | CUSIP: 05377RHY3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $715033.41    | 0.09%             | 2030-06-20      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Glencore Funding LLC                                                | Glencore Funding LLC                                                                           | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    720000 | PA      | $728997.80    | 0.09%             | 2030-04-01      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2023-4, Class B                                 | CUSIP: 802927AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $441183.18    | 0.05%             | 2028-12-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Cabot Corp.                                                         | Cabot Corp.                                                                                    | CUSIP: 127055AL5<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |    415000 | PA      | $401367.38    | 0.05%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered plc                                              | Standard Chartered plc                                                                         | CUSIP: 85325C2E1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    815000 | PA      | $842690.00    | 0.10%             | 2036-01-21      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: —       |
| Federation des Caisses Desjardins du Quebec                         | Federation des Caisses Desjardins du Quebec                                                    | CUSIP: 31429KAK9<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $413414.88    | 0.05%             | 2028-03-14      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                                   | Credit Acceptance Auto Loan Trust, Series 2022-3A, Class A                                     | CUSIP: 22534QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    252693 | PA      | $252935.24    | 0.03%             | 2032-10-15      | Fixed         | 6.57%                 | Yes           |                  2 | On Loan: No      |
| Walmart, Inc.                                                       | Walmart, Inc.                                                                                  | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1397872.52   | 0.17%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                  | Energy Transfer LP                                                                             | CUSIP: 29278NAN3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1015368.37   | 0.12%             | 2027-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC, Series 5065, Class EI                                                                   | CUSIP: 3137F8R88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    311405 | PA      | $59013.22     | 0.01%             | 2044-11-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| Wisconsin Public Service Corp.                                      | Wisconsin Public Service Corp.                                                                 | CUSIP: 976843BQ4<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |    345000 | PA      | $348596.55    | 0.04%             | 2029-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                             | Hyundai Capital America                                                                        | CUSIP: 44891ADK0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125083.66    | 0.02%             | 2027-11-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWGS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    389603 | PA      | $395632.78    | 0.05%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fortitude Group Holdings LLC                                        | Fortitude Group Holdings LLC                                                                   | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |    480000 | PA      | $487032.07    | 0.06%             | 2030-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36207UEK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2768 | PA      | $2778.12      | 0.00%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Calpine Corp.                                                       | Calpine Corp.                                                                                  | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83137.41     | 0.01%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140XJ3F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4625984 | PA      | $4188909.24   | 0.50%             | 2052-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWDJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  16973926 | PA      | $14137523.19  | 1.70%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2016-32, Class SA                                                                 | CUSIP: 3136ASUC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3379023 | PA      | $314473.82    | 0.04%             | 2034-10-25      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| Hercules Capital, Inc.                                              | Hercules Capital, Inc.                                                                         | CUSIP: 427096AJ1<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |    820000 | PA      | $787006.05    | 0.09%             | 2027-01-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                                             | Arrow Electronics, Inc.                                                                        | CUSIP: 04273WAF8<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |    840000 | PA      | $846873.76    | 0.10%             | 2029-08-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                              | Tesla Auto Lease Trust, Series 2024-A, Class A2A                                               | CUSIP: 88166VAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.01         | 0.00%             | 2026-06-22      | Fixed         | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                                     | Blackstone Secured Lending Fund                                                                | CUSIP: 09261XAJ1<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174510.50    | 0.02%             | 2028-04-13      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                                 | Exeter Automobile Receivables Trust, Series 2024-4A, Class C                                   | CUSIP: 30166UAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $440105.38    | 0.05%             | 2030-08-15      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Equitable Financial Life Global Funding                             | Equitable Financial Life Global Funding                                                        | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    955000 | PA      | $960209.09    | 0.12%             | 2025-12-02      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2023-3, Class C                                 | CUSIP: 80285XAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $485312.63    | 0.06%             | 2030-11-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                                        | Santander Holdings USA, Inc.                                                                   | CUSIP: 80282KBQ8<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1530000 | PA      | $1545774.67   | 0.19%             | 2031-03-20      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                              | Truist Financial Corp.                                                                         | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286564.44    | 0.03%             | 2033-07-28      | Variable      | 4.92%                 | No            |                  2 | On Loan: —       |
| FNMA                                                                | FNMA, Series 2010-63, Class SA                                                                 | CUSIP: 31398RPK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    900033 | PA      | $95696.77     | 0.01%             | 2040-06-25      | Floating      | 2.03%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                              | Boardwalk Pipelines LP                                                                         | CUSIP: 096630AE8<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    263000 | PA      | $266405.89    | 0.03%             | 2026-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance LLC                                                | Bayer US Finance LLC                                                                           | CUSIP: 07274EAJ2<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |    350000 | PA      | $364844.68    | 0.04%             | 2029-01-21      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2024-3, Class A3                                | CUSIP: 80287LAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1180000 | PA      | $1188103.06   | 0.14%             | 2029-01-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Pfizer Investment Enterprises Pte. Ltd.                             | Pfizer Investment Enterprises Pte. Ltd.                                                        | CUSIP: 716973AE2<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    825000 | PA      | $814688.24    | 0.10%             | 2033-05-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Golub Capital BDC, Inc.                                             | Golub Capital BDC, Inc.                                                                        | CUSIP: 38173MAB8<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    695000 | PA      | $668634.30    | 0.08%             | 2026-08-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| Credit Agricole SA                                                  | Credit Agricole SA                                                                             | CUSIP: 22535WAP2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1315000 | PA      | $1333942.97   | 0.16%             | 2029-01-09      | Variable      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| Huntington Bancshares, Inc.                                         | Huntington Bancshares, Inc.                                                                    | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    295000 | PA      | $297215.96    | 0.04%             | 2031-01-15      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                        | MassMutual Global Funding II                                                                   | CUSIP: 57629TBV8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1455339.14   | 0.17%             | 2030-01-10      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                                 | Exeter Automobile Receivables Trust, Series 2023-2A, Class B                                   | CUSIP: 30168CAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    149157 | PA      | $149344.16    | 0.02%             | 2027-09-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| New Mountain Finance Corp.                                          | New Mountain Finance Corp.                                                                     | CUSIP: 647551AF7<br>LEI: 549300L1MPTT1H7SES77 | Long             | DBT              | CORP              | US        |    245000 | PA      | $246555.27    | 0.03%             | 2029-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding, Inc.                                           | PPL Capital Funding, Inc.                                                                      | CUSIP: 69352PAQ6<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14741.76     | 0.00%             | 2030-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                   | Wells Fargo & Co.                                                                              | CUSIP: 949746RW3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    700000 | PA      | $690761.25    | 0.08%             | 2026-04-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| S&P Global, Inc.                                                    | S&P Global, Inc.                                                                               | CUSIP: 78409VBK9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    400000 | PA      | $358308.94    | 0.04%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                    | Bank of Montreal                                                                               | CUSIP: 06368DH72<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1250000 | PA      | $1055896.50   | 0.13%             | 2037-01-10      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| Stellantis Finance US, Inc.                                         | Stellantis Finance US, Inc.                                                                    | CUSIP: 85855CAL4<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    940000 | PA      | $923083.04    | 0.11%             | 2035-03-18      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36207YB66<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1036 | PA      | $1041.06      | 0.00%             | 2027-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                             | CarMax Auto Owner Trust, Series 2024-4, Class A3                                               | CUSIP: 14290DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1480000 | PA      | $1491961.80   | 0.18%             | 2029-10-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2022-H09, Class GF                                                                | CUSIP: 38382YRP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1701517 | PA      | $1700045.04   | 0.20%             | 2072-04-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-H03                                                                          | CUSIP: 38380QYD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2975051 | PA      | $20507.32     | 0.00%             | 2070-04-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| New England Power Co.                                               | New England Power Co.                                                                          | CUSIP: 644188BG8<br>LEI: 549300DTVRGN9GYD5U85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $599544.96    | 0.07%             | 2050-10-06      | Fixed         | 2.81%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                      | Commonwealth Bank of Australia                                                                 | CUSIP: 20271RAV2<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   1670000 | PA      | $1685663.77   | 0.20%             | 2028-03-14      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                               | Las Vegas Sands Corp.                                                                          | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1515000 | PA      | $1518476.68   | 0.18%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Indiana Michigan Power Co.                                          | Indiana Michigan Power Co.                                                                     | CUSIP: 454889AS5<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245762.56    | 0.03%             | 2028-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                         | Capital One Financial Corp.                                                                    | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    180000 | PA      | $187560.68    | 0.02%             | 2029-06-08      | Variable      | 6.31%                 | No            |                  2 | On Loan: —       |
| Bank of New York Mellon (The)                                       | Bank of New York Mellon (The)                                                                  | CUSIP: 06405LAH4<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |    805000 | PA      | $816363.63    | 0.10%             | 2029-04-20      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                                   | Blue Owl Technology Finance Corp.                                                              | CUSIP: 691205AC2<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248626.05    | 0.03%             | 2025-12-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| HERO Funding Trust                                                  | HERO Funding Trust, Series 2015-1A, Class A                                                    | CUSIP: 42770LAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.39         | 0.00%             | 2040-09-21      | Fixed         | 3.84%                 | Yes           |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner Trust                                | Porsche Innovative Lease Owner Trust, Series 2024-2A, Class A3                                 | CUSIP: 73328NAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $499838.65    | 0.06%             | 2027-10-20      | Fixed         | 4.35%                 | Yes           |                  2 | On Loan: No      |
| DC Commercial Mortgage Trust                                        | DC Commercial Mortgage Trust, Series 2023-DC, Class A                                          | CUSIP: 24023AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    390000 | PA      | $403341.00    | 0.05%             | 2040-09-12      | Fixed         | 6.31%                 | Yes           |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                             | Volkswagen Group of America Finance LLC                                                        | CUSIP: 928668CG5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1104272.94   | 0.13%             | 2029-03-22      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                                | FNMA, Series 2004-29, Class PS                                                                 | CUSIP: 31393YPJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    746374 | PA      | $94135.66     | 0.01%             | 2034-05-25      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                             | GA Global Funding Trust                                                                        | CUSIP: 36143L2G9<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1089942.91   | 0.13%             | 2027-01-06      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                           | Vistra Operations Co. LLC                                                                      | CUSIP: 92840VAL6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1163987.85   | 0.14%             | 2025-05-13      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Micron Technology, Inc.                                             | Micron Technology, Inc.                                                                        | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    570000 | PA      | $577929.93    | 0.07%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| SiriusPoint Ltd.                                                    | SiriusPoint Ltd.                                                                               | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |    690000 | PA      | $715298.84    | 0.09%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sysco Corp.                                                         | Sysco Corp.                                                                                    | CUSIP: 871829BU0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    775000 | PA      | $789305.73    | 0.09%             | 2030-09-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                      | Carvana Auto Receivables Trust, Series 2023-N1, Class A                                        | CUSIP: 14688FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4807 | PA      | $4809.09      | 0.00%             | 2027-04-12      | Fixed         | 6.36%                 | Yes           |                  2 | On Loan: No      |
| Tyco Electronics Group SA                                           | Tyco Electronics Group SA                                                                      | CUSIP: 902133BD8<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |    835000 | PA      | $825885.49    | 0.10%             | 2035-05-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                 | Synchrony Financial                                                                            | CUSIP: 87165BAV5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    545000 | PA      | $551960.41    | 0.07%             | 2030-08-02      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EKT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1367967 | PA      | $1310794.30   | 0.16%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWFL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    883003 | PA      | $734346.85    | 0.09%             | 2052-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8270000 | PA      | $8183423.44   | 0.98%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                 | Bank of New York Mellon Corp. (The)                                                            | CUSIP: 06406RCB1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1439517.65   | 0.17%             | 2031-02-11      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust                        | American Credit Acceptance Receivables Trust, Series 2022-4, Class C                           | CUSIP: 02529XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6911 | PA      | $6918.11      | 0.00%             | 2029-02-15      | Fixed         | 7.86%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418ERA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    570939 | PA      | $581194.64    | 0.07%             | 2053-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                              | Goldman Sachs Bank USA                                                                         | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1064883.17   | 0.13%             | 2027-05-21      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                               | Bank of America Corp.                                                                          | CUSIP: 06051GHQ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    990000 | PA      | $968989.81    | 0.12%             | 2030-02-07      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Trust                                    | Harley-Davidson Motorcycle Trust, Series 2023-A, Class A3                                      | CUSIP: 41285JAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    706513 | PA      | $708193.77    | 0.09%             | 2027-12-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Ziply Fiber Issuer LLC                                              | Ziply Fiber Issuer LLC, Series 2024-1A, Class A2                                               | CUSIP: 98979QAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1440000 | PA      | $1475555.04   | 0.18%             | 2054-04-20      | Fixed         | 6.64%                 | Yes           |                  2 | On Loan: No      |
| Fifth Third Bank NA                                                 | Fifth Third Bank NA                                                                            | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    430000 | PA      | $432581.71    | 0.05%             | 2028-01-28      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K146, Class X1                  | CUSIP: 3137H7ZD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4998029 | PA      | $80340.81     | 0.01%             | 2032-06-25      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                                          | AT&T, Inc.                                                                                     | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    174000 | PA      | $143590.83    | 0.02%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2020-128                                                                          | CUSIP: 38380P4H4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1376189 | PA      | $93220.95     | 0.01%             | 2062-10-16      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K-1513, Class X1                | CUSIP: 3137FPJA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    956079 | PA      | $51098.68     | 0.01%             | 2034-08-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| CVS Pass-Through Trust                                              | CVS Pass-Through Trust                                                                         | CUSIP: 126650BS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    473880 | PA      | $494515.22    | 0.06%             | 2032-01-10      | Fixed         | 7.51%                 | Yes           |                  2 | On Loan: No      |
| American Homes 4 Rent LP                                            | American Homes 4 Rent LP                                                                       | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    233000 | PA      | $232194.50    | 0.03%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EE22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    364699 | PA      | $303307.71    | 0.04%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                      | Commonwealth Bank of Australia                                                                 | CUSIP: 202712BS3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    550000 | PA      | $498202.61    | 0.06%             | 2032-03-14      | Fixed         | 3.78%                 | Yes           |                  2 | On Loan: No      |
| Xcel Energy, Inc.                                                   | Xcel Energy, Inc.                                                                              | CUSIP: 98389BBD1<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    355000 | PA      | $357843.00    | 0.04%             | 2028-03-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                                      | Pacific Life Global Funding II                                                                 | CUSIP: 6944PL3F4<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1444718.41   | 0.17%             | 2030-02-10      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                 | Kinder Morgan, Inc.                                                                            | CUSIP: 49456BBB6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    665000 | PA      | $671353.21    | 0.08%             | 2030-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                               | Bank of America Corp.                                                                          | CUSIP: 06051GMB2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    425000 | PA      | $415974.10    | 0.05%             | 2035-08-15      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp.                                                   | Black Hills Corp.                                                                              | CUSIP: 092113AR0<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    675000 | PA      | $627916.57    | 0.08%             | 2029-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: —       |
| United States of America                                            | U.S. Treasury Bond                                                                             | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4230000 | PA      | $4094507.81   | 0.49%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Trustage Financial Group, Inc.                                      | Trustage Financial Group, Inc.                                                                 | CUSIP: 89787EAA9<br>LEI: 549300X7YNHNZXTI6F10 | Long             | DBT              | CORP              | US        |    560000 | PA      | $531055.49    | 0.06%             | 2032-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140MAVY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    319376 | PA      | $266705.69    | 0.03%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MDC Holdings, Inc.                                                  | MDC Holdings, Inc.                                                                             | CUSIP: 552676AV0<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |    600000 | PA      | $450953.51    | 0.05%             | 2061-08-06      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Evergy, Inc.                                                        | Evergy, Inc.                                                                                   | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $950257.21    | 0.11%             | 2029-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3133BNKZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3923296 | PA      | $3662415.27   | 0.44%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                                           | BPR Trust, Series 2022-OANA, Class A                                                           | CUSIP: 05592DAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    605000 | PA      | $605389.62    | 0.07%             | 2037-04-15      | Floating      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Jersey Central Power & Light Co.                                    | Jersey Central Power & Light Co.                                                               | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |    170000 | PA      | $146674.21    | 0.02%             | 2032-03-01      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| DXC Technology Co.                                                  | DXC Technology Co.                                                                             | CUSIP: 23355LAM8<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1063179.25   | 0.13%             | 2028-09-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| GNMA                                                                | GNMA, Series 2022-132                                                                          | CUSIP: 38383T8X4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3413237 | PA      | $151802.03    | 0.02%             | 2064-10-16      | Variable      | 0.54%                 | No            |                  2 | On Loan: No      |
| BHG Securitization Trust                                            | BHG Securitization Trust, Series 2024-1CON, Class A                                            | CUSIP: 08862HAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    134288 | PA      | $137013.05    | 0.02%             | 2035-04-17      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                                      | Citizens Financial Group, Inc.                                                                 | CUSIP: 174610BJ3<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    865000 | PA      | $866233.76    | 0.10%             | 2031-03-05      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                                       | Cargill, Inc.                                                                                  | CUSIP: 141781CD4<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    755000 | PA      | $756587.35    | 0.09%             | 2035-02-11      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Dell International LLC                                              | Dell International LLC                                                                         | CUSIP: 24703DBQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $711973.34    | 0.09%             | 2035-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| GNMA                                                                | GNMA, Series 2021-52                                                                           | CUSIP: 38380RJ84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3213060 | PA      | $168556.47    | 0.02%             | 2063-04-16      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust                            | AmeriCredit Automobile Receivables Trust, Series 2022-2, Class A3                              | CUSIP: 03065WAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120073 | PA      | $119979.71    | 0.01%             | 2028-04-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                          | LAD Auto Receivables Trust, Series 2024-3A, Class A3                                           | CUSIP: 505709AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345000 | PA      | $345828.03    | 0.04%             | 2029-03-15      | Fixed         | 4.52%                 | Yes           |                  2 | On Loan: No      |
| SCF Equipment Leasing LLC                                           | SCF Equipment Leasing LLC, Series 2023-1A, Class A2                                            | CUSIP: 784024AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25082 | PA      | $25108.92     | 0.00%             | 2030-01-22      | Fixed         | 6.56%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140QBJL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1576809 | PA      | $1439333.61   | 0.17%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC, Series 5065, Class HI                                                                   | CUSIP: 3137F8RE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1434062 | PA      | $225162.11    | 0.03%             | 2042-04-15      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| Huntington Auto Trust                                               | Huntington Auto Trust, Series 2024-1A, Class A3                                                | CUSIP: 446144AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $439507.64    | 0.05%             | 2029-01-16      | Fixed         | 5.23%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                           | Ford Motor Credit Co. LLC                                                                      | CUSIP: 345397G98<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2558930.00   | 0.31%             | 2032-03-19      | Fixed         | 6.53%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                               | Bank of America Corp.                                                                          | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $416767.12    | 0.05%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Verizon Communications, Inc.                                        | Verizon Communications, Inc.                                                                   | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    974000 | PA      | $867240.16    | 0.10%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                                       | Entergy Corp.                                                                                  | CUSIP: 29364GAM5<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    555000 | PA      | $547112.37    | 0.07%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: —       |
| FNMA                                                                | FNMA                                                                                           | CUSIP: 31374CS56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4804465 | PA      | $4468905.10   | 0.54%             | 2043-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                             | Micron Technology, Inc.                                                                        | CUSIP: 595112CE1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    955000 | PA      | $949160.43    | 0.11%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                             | Mercedes-Benz Finance North America LLC                                                        | CUSIP: 58769JAZ0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1097161.46   | 0.13%             | 2027-11-15      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| Kraft Heinz Foods Co.                                               | Kraft Heinz Foods Co.                                                                          | CUSIP: 50077LBN5<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1217975.72   | 0.15%             | 2035-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust                       | Bridgecrest Lending Auto Securitization Trust, Series 2024-2, Class A3                         | CUSIP: 10805MAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1475000 | PA      | $1482368.81   | 0.18%             | 2028-06-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Ameren Corp.                                                        | Ameren Corp.                                                                                   | CUSIP: 023608AR3<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2216693.44   | 0.27%             | 2035-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK5 Trust                                                         | BANK5 Trust, Series 2024-5YR6, Class A3                                                        | CUSIP: 066043AB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1235000 | PA      | $1302271.93   | 0.16%             | 2057-05-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                               | Banque Federative du Credit Mutuel SA                                                          | CUSIP: 06675DCM2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    540000 | PA      | $550278.82    | 0.07%             | 2028-02-16      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| DLLMT LLC                                                           | DLLMT LLC, Series 2023-1A, Class A3                                                            | CUSIP: 232989AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    767534 | PA      | $770534.48    | 0.09%             | 2027-03-22      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                           | SFS Auto Receivables Securitization Trust, Series 2024-3A, Class A3                            | CUSIP: 78436XAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $281767.58    | 0.03%             | 2030-06-20      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| Molex Electronic Technologies LLC                                   | Molex Electronic Technologies LLC                                                              | CUSIP: 60856BAF1<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |    560000 | PA      | $567626.79    | 0.07%             | 2032-04-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                      | Morgan Stanley                                                                                 | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1695000 | PA      | $1728202.27   | 0.21%             | 2031-01-15      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Corp.                                                    | Mitsubishi Corp.                                                                               | CUSIP: 606769AJ6<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | DBT              | CORP              | JP        |    575000 | PA      | $587987.88    | 0.07%             | 2029-07-02      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CHE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $700464.84    | 0.08%             | 2028-05-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                        | Ford Credit Auto Owner Trust, Series 2021-1, Class A                                           | CUSIP: 345340AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    980000 | PA      | $951551.48    | 0.11%             | 2033-10-17      | Fixed         | 1.37%                 | Yes           |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                          | Ares Strategic Income Fund                                                                     | CUSIP: 04020EAE7<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    580000 | PA      | $578928.26    | 0.07%             | 2028-03-15      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: —       |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K147, Class X1                  | CUSIP: 3137H8BN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3858360 | PA      | $92462.50     | 0.01%             | 2032-06-25      | Variable      | 0.49%                 | No            |                  2 | On Loan: No      |
| Essential Utilities, Inc.                                           | Essential Utilities, Inc.                                                                      | CUSIP: 29670GAJ1<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |    580000 | PA      | $584164.56    | 0.07%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K145, Class X1                  | CUSIP: 3137H7Z22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1474512 | PA      | $30185.33     | 0.00%             | 2032-05-25      | Variable      | 0.43%                 | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                             | GA Global Funding Trust                                                                        | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    375000 | PA      | $373177.41    | 0.04%             | 2027-09-23      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| BPR Trust                                                           | BPR Trust, Series 2021-NRD, Class A                                                            | CUSIP: 05592CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    815000 | PA      | $798741.48    | 0.10%             | 2038-12-15      | Floating      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                         | Hertz Vehicle Financing LLC, Series 2022-2A, Class A                                           | CUSIP: 42806MAN9<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    870000 | PA      | $831014.26    | 0.10%             | 2028-06-26      | Fixed         | 2.33%                 | Yes           |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                  | T-Mobile USA, Inc.                                                                             | CUSIP: 87264ABN4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $328395.47    | 0.04%             | 2051-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MVW LLC                                                             | MVW LLC, Series 2024-1A, Class A                                                               | CUSIP: 62847RAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    189136 | PA      | $192699.58    | 0.02%             | 2043-02-20      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140Q9W74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84556 | PA      | $79700.46     | 0.01%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140QULC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1879120 | PA      | $1907918.76   | 0.23%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810SJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9000000 | PA      | $5700234.42   | 0.68%             | 2049-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                  | General Motors Financial Co., Inc.                                                             | CUSIP: 37045XFB7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1142874.40   | 0.14%             | 2030-01-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                       | Comcast Corp.                                                                                  | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    208000 | PA      | $120742.69    | 0.01%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                         | Capital One Financial Corp.                                                                    | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    685000 | PA      | $708804.72    | 0.09%             | 2027-10-29      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| NGPL PipeCo LLC                                                     | NGPL PipeCo LLC                                                                                | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    650000 | PA      | $574146.23    | 0.07%             | 2031-07-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2023-5, Class B                                 | CUSIP: 80286PAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670000 | PA      | $684127.62    | 0.08%             | 2029-12-17      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                          | US Bank NA                                                                                     | CUSIP: 90331HPP2<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $1470788.67   | 0.18%             | 2027-10-22      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $4398984.36   | 0.53%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                         | Nationwide Building Society                                                                    | CUSIP: 63861VAK3<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1175000 | PA      | $1195766.27   | 0.14%             | 2029-07-29      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Southern California Edison Co.                                      | Southern California Edison Co.                                                                 | CUSIP: 842400HS5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    400000 | PA      | $409081.73    | 0.05%             | 2027-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                                   | HSBC Holdings plc                                                                              | CUSIP: 404280EM7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1470000 | PA      | $1485848.36   | 0.18%             | 2028-11-19      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140JHAG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    911462 | PA      | $858947.77    | 0.10%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2024-5, Class A3                                | CUSIP: 802920AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $500822.00    | 0.06%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AutoNation, Inc.                                                    | AutoNation, Inc.                                                                               | CUSIP: 05329WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675000 | PA      | $673141.49    | 0.08%             | 2025-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2017-H22, Class FD                                                                | CUSIP: 38375UW48<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12260 | PA      | $12179.86     | 0.00%             | 2067-11-20      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                                                 | Frontier Issuer LLC, Series 2023-1, Class A2                                                   | CUSIP: 35910EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    810000 | PA      | $822769.00    | 0.10%             | 2053-08-20      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                     | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1303008.81   | 0.16%             | 2026-08-10      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                                        | DNB Bank ASA                                                                                   | CUSIP: 23341CAE3<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    445000 | PA      | $449402.75    | 0.05%             | 2030-11-05      | Variable      | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust                           | Navient Private Education Refi Loan Trust, Series 2020-BA, Class A2                            | CUSIP: 63941GAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    156259 | PA      | $148510.34    | 0.02%             | 2069-01-15      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| FMR LLC                                                             | FMR LLC                                                                                        | CUSIP: 30251BAD0<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |    925000 | PA      | $921241.01    | 0.11%             | 2033-02-01      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| DNB Bank ASA                                                        | DNB Bank ASA                                                                                   | CUSIP: 23329PAF7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |   1115000 | PA      | $1099513.59   | 0.13%             | 2026-09-16      | Variable      | 1.13%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418CT95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1046210 | PA      | $924339.23    | 0.11%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust                                   | GLS Auto Receivables Issuer Trust, Series 2024-3A, Class B                                     | CUSIP: 37989AAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | PA      | $397218.48    | 0.05%             | 2029-01-16      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| CBRE Services, Inc.                                                 | CBRE Services, Inc.                                                                            | CUSIP: 12505BAK6<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    585000 | PA      | $582807.50    | 0.07%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| F&G Global Funding                                                  | F&G Global Funding                                                                             | CUSIP: 30321L2E1<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    880000 | PA      | $879896.48    | 0.11%             | 2025-07-07      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Denso Corp.                                                         | Denso Corp.                                                                                    | CUSIP: 24872BAA8<br>LEI: 549300RYPA10CQM3QK38 | Long             | DBT              | CORP              | JP        |   1115000 | PA      | $1069652.11   | 0.13%             | 2026-09-16      | Fixed         | 1.24%                 | Yes           |                  2 | On Loan: No      |
| New York Life Global Funding                                        | New York Life Global Funding                                                                   | CUSIP: 64952WEZ2<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    750000 | PA      | $729486.02    | 0.09%             | 2033-01-28      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing III LLC                                     | Hertz Vehicle Financing III LLC, Series 2024-1A, Class A                                       | CUSIP: 42806MCK3<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    855000 | PA      | $869176.67    | 0.10%             | 2029-01-25      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Ameren Corp.                                                        | Ameren Corp.                                                                                   | CUSIP: 023608AQ5<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    310000 | PA      | $314501.27    | 0.04%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Canadian Imperial Bank of Commerce                                  | Canadian Imperial Bank of Commerce                                                             | CUSIP: 13607L8C0<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    635000 | PA      | $646346.68    | 0.08%             | 2027-06-28      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                                   | HSBC Holdings plc                                                                              | CUSIP: 404280ES4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2940000 | PA      | $2921504.99   | 0.35%             | 2036-03-03      | Variable      | 5.45%                 | No            |                  2 | On Loan: —       |
| T-Mobile USA, Inc.                                                  | T-Mobile USA, Inc.                                                                             | CUSIP: 87264ADS1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    905000 | PA      | $915016.38    | 0.11%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BANK5                                                               | BANK5, Series 2023-5YR4, Class A3                                                              | CUSIP: 06211FAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    233716 | PA      | $246773.34    | 0.03%             | 2056-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1750000 | PA      | $1246738.29   | 0.15%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co. LP                                      | Atlas Warehouse Lending Co. LP                                                                 | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    465000 | PA      | $466067.48    | 0.06%             | 2030-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3155000 | PA      | $2924783.59   | 0.35%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                          | LAD Auto Receivables Trust, Series 2024-2A, Class A3                                           | CUSIP: 505920AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    440000 | PA      | $443700.93    | 0.05%             | 2028-08-15      | Fixed         | 5.61%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                     | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    880000 | PA      | $890482.18    | 0.11%             | 2030-07-23      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-H13, Class FT                                                                | CUSIP: 38380LXV0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     39959 | PA      | $39866.77     | 0.00%             | 2069-08-20      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                                   | Credit Acceptance Auto Loan Trust, Series 2023-3A, Class C                                     | CUSIP: 224936AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $104234.36    | 0.01%             | 2033-12-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                                   | American Electric Power Co., Inc.                                                              | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    765000 | PA      | $718617.29    | 0.09%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418CFD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    376931 | PA      | $334614.94    | 0.04%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                       | UMBS, 30 Year, Single Family                                                                   | CUSIP: 01F052656<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2300000 | PA      | $2295034.81   | 0.28%             | 2055-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                      | Enterprise Fleet Financing LLC, Series 2022-3, Class A2                                        | CUSIP: 29374FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     78343 | PA      | $78221.17     | 0.01%             | 2029-07-20      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                                            | Marathon Petroleum Corp.                                                                       | CUSIP: 56585ABK7<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $1011383.67   | 0.12%             | 2030-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2022-17                                                                           | CUSIP: 38381EVR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1991956 | PA      | $113962.41    | 0.01%             | 2064-06-16      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Sponsor LLC                              | New Economy Assets Phase 1 Sponsor LLC, Series 2021-1, Class A1                                | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1355000 | PA      | $1272383.35   | 0.15%             | 2061-10-20      | Fixed         | 1.91%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                           | Vistra Operations Co. LLC                                                                      | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $977925.23    | 0.12%             | 2029-07-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Southwestern Public Service Co.                                     | Southwestern Public Service Co.                                                                | CUSIP: 845743BY8<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $1946197.98   | 0.23%             | 2035-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3138WJM96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69483 | PA      | $61460.18     | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd.                                    | Brookfield Asset Management Ltd.                                                               | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $355604.81    | 0.04%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: —       |
| BMW Vehicle Lease Trust                                             | BMW Vehicle Lease Trust, Series 2024-2, Class A3                                               | CUSIP: 05613MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    580000 | PA      | $579404.51    | 0.07%             | 2027-10-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Renew                                                               | Renew, Series 2018-1, Class A                                                                  | CUSIP: 75973FAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |         0 | PA      | $0.35         | 0.00%             | 2053-09-20      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3895000 | PA      | $3610178.13   | 0.43%             | 2044-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Evergy Kansas Central, Inc.                                         | Evergy Kansas Central, Inc.                                                                    | CUSIP: 30036FAC5<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    500000 | PA      | $526578.73    | 0.06%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                     | Eli Lilly & Co.                                                                                | CUSIP: 532457CV8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    555000 | PA      | $569009.55    | 0.07%             | 2030-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Wheels Fleet Lease Funding 1 LLC                                    | Wheels Fleet Lease Funding 1 LLC, Series 2023-1A, Class A                                      | CUSIP: 96328GAS6<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    645262 | PA      | $649846.99    | 0.08%             | 2038-04-18      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                                  | Macquarie Airfinance Holdings Ltd.                                                             | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    855000 | PA      | $853701.26    | 0.10%             | 2028-03-27      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                       | UMBS, 30 Year, Single Family                                                                   | CUSIP: 01F040651<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2795531.85   | 0.34%             | 2055-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SCOTT Trust                                                         | SCOTT Trust, Series 2023-SFS, Class A                                                          | CUSIP: 810064AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    755000 | PA      | $772094.26    | 0.09%             | 2040-03-10      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                            | Avis Budget Rental Car Funding AESOP LLC, Series 2023-3A, Class A                              | CUSIP: 05377RGU2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1316320.59   | 0.16%             | 2028-02-22      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Nissan Motor Acceptance Co. LLC                                     | Nissan Motor Acceptance Co. LLC                                                                | CUSIP: 65480CAH8<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    705000 | PA      | $681354.30    | 0.08%             | 2029-09-13      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: —       |
| Micron Technology, Inc.                                             | Micron Technology, Inc.                                                                        | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    445000 | PA      | $475811.35    | 0.06%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                          | LAD Auto Receivables Trust, Series 2025-1A, Class A3                                           | CUSIP: 505712AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    905000 | PA      | $908694.84    | 0.11%             | 2029-07-16      | Fixed         | 4.69%                 | Yes           |                  2 | On Loan: No      |
| Southern California Edison Co.                                      | Southern California Edison Co.                                                                 | CUSIP: 842400JJ3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    190000 | PA      | $191796.93    | 0.02%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                       | UMBS, 30 Year, Single Family                                                                   | CUSIP: 01F060659<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9000000 | PA      | $9129700.62   | 1.10%             | 2055-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust                           | Navient Private Education Refi Loan Trust, Series 2020-GA, Class A                             | CUSIP: 63941UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     56229 | PA      | $52240.85     | 0.01%             | 2069-09-16      | Fixed         | 1.17%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179XX68<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2547669 | PA      | $2554629.52   | 0.31%             | 2053-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Aventura Mall Trust                                                 | Aventura Mall Trust, Series 2018-AVM, Class A                                                  | CUSIP: 05359AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $686813.96    | 0.08%             | 2040-07-05      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CDW LLC                                                             | CDW LLC                                                                                        | CUSIP: 12513GBH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    665000 | PA      | $623948.95    | 0.07%             | 2028-12-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| SANTANDER US CAPITAL MARKETS LLC                                    | Treasury Repurchase Agreement                                                                  | CUSIP: N/A<br>LEI: 549300LGG2RLWD21SU97       | Long             | RA               | CORP              | US        |  10000000 | PA      | $10000000.00  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWDY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    984108 | PA      | $818492.75    | 0.10%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                  | United Airlines Pass-Through Trust, Series 2020-1, Class A                                     | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    675743 | PA      | $687882.51    | 0.08%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux Sarl                                            | JBS USA Holding Lux Sarl                                                                       | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    111000 | PA      | $100426.71    | 0.01%             | 2032-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: —       |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3133BDP58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    551843 | PA      | $460158.44    | 0.06%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                        | UBS Group AG                                                                                   | CUSIP: 90351DAB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $997317.13    | 0.12%             | 2025-09-24      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                                          | Flagship Credit Auto Trust, Series 2023-2, Class C                                             | CUSIP: 33843EAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $656360.45    | 0.08%             | 2029-05-15      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| Discover Card Execution Note Trust                                  | Discover Card Execution Note Trust, Series 2023-A1, Class A                                    | CUSIP: 254683CY9<br>LEI: 549300CKCX1QE4RUW216 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $499829.45    | 0.06%             | 2028-03-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust                       | Bridgecrest Lending Auto Securitization Trust, Series 2024-3, Class B                          | CUSIP: 10805NAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $281915.34    | 0.03%             | 2028-10-16      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-10                                                                           | CUSIP: 38380RQU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    654371 | PA      | $48822.38     | 0.01%             | 2063-05-16      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                                        | Ford Credit Auto Lease Trust, Series 2025-A, Class A3                                          | CUSIP: 345282AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    415000 | PA      | $417552.62    | 0.05%             | 2028-06-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                                     | Microsoft Corp.                                                                                | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    200000 | PA      | $132734.22    | 0.02%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2017-H25, Class FD                                                                | CUSIP: 38375U2E9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18098 | PA      | $17923.86     | 0.00%             | 2067-12-20      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                               | Sumitomo Mitsui Financial Group, Inc.                                                          | CUSIP: 86562MDU1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    695000 | PA      | $714792.10    | 0.09%             | 2035-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| GNMA                                                                | GNMA, Series 2022-H22, Class FE                                                                | CUSIP: 38382YA45<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    631140 | PA      | $631101.71    | 0.08%             | 2072-09-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Bain Capital Specialty Finance, Inc.                                | Bain Capital Specialty Finance, Inc.                                                           | CUSIP: 05684BAD9<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |    205000 | PA      | $200837.24    | 0.02%             | 2030-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                                  | Northwestern Mutual Global Funding                                                             | CUSIP: 66815L2M0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   1095000 | PA      | $1116005.22   | 0.13%             | 2028-06-12      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| 3M Co.                                                              | 3M Co.                                                                                         | CUSIP: 88579YBQ3<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1247193.59   | 0.15%             | 2030-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140Q9N25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1154568 | PA      | $1118438.96   | 0.13%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| General Mills, Inc.                                                 | General Mills, Inc.                                                                            | CUSIP: 370334DA9<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    545000 | PA      | $551074.92    | 0.07%             | 2030-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                  | State Street Corp.                                                                             | CUSIP: 857477DB6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    880000 | PA      | $892626.86    | 0.11%             | 2030-04-24      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank (The)                                      | Huntington National Bank (The)                                                                 | CUSIP: 44644MAJ0<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1031808.07   | 0.12%             | 2030-01-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp.                                              | General Dynamics Corp.                                                                         | CUSIP: 369550BR8<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    345000 | PA      | $346141.82    | 0.04%             | 2035-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2020-179                                                                          | CUSIP: 38380RET3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2619070 | PA      | $188659.72    | 0.02%             | 2062-09-16      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2010-118, Class SN                                                                | CUSIP: 31398NVF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4708510 | PA      | $708651.05    | 0.09%             | 2040-10-25      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| Cantor Fitzgerald LP                                                | Cantor Fitzgerald LP                                                                           | CUSIP: 138616AM9<br>LEI: 549300RLUEEVQEMX0450 | Long             | DBT              | CORP              | US        |    445000 | PA      | $468994.23    | 0.06%             | 2028-12-12      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-40                                                                           | CUSIP: 38380RE71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2101313 | PA      | $131150.95    | 0.02%             | 2063-02-16      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                            | Duke Energy Progress LLC                                                                       | CUSIP: 26442UAU8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1271022.05   | 0.15%             | 2035-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                                         | Swedbank AB                                                                                    | CUSIP: 87020PAY3<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    725000 | PA      | $745325.92    | 0.09%             | 2029-03-14      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust                            | AmeriCredit Automobile Receivables Trust, Series 2021-3, Class C                               | CUSIP: 03066JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    830000 | PA      | $809876.15    | 0.10%             | 2027-08-18      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                                   | GLS Auto Select Receivables Trust, Series 2025-1A, Class A2                                    | CUSIP: 36271FAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445000 | PA      | $446304.92    | 0.05%             | 2030-04-15      | Fixed         | 4.71%                 | Yes           |                  2 | On Loan: No      |
| BAT Capital Corp.                                                   | BAT Capital Corp.                                                                              | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1480896.96   | 0.18%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                               | Westlake Automobile Receivables Trust, Series 2023-3A, Class C                                 | CUSIP: 96041CAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    820000 | PA      | $833005.86    | 0.10%             | 2028-09-15      | Fixed         | 6.02%                 | Yes           |                  2 | On Loan: No      |
| Bacardi Ltd.                                                        | Bacardi Ltd.                                                                                   | CUSIP: 067316AH2<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    160000 | PA      | $135461.83    | 0.02%             | 2048-05-15      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 31425W3R0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2942384 | PA      | $2937867.03   | 0.35%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                | Royal Bank of Canada                                                                           | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1975000 | PA      | $2009594.57   | 0.24%             | 2031-02-04      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                | Royal Bank of Canada                                                                           | CUSIP: 78016HZZ6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15191.98     | 0.00%             | 2030-08-02      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                                      | Aircastle Ltd.                                                                                 | CUSIP: 00928QAX9<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    155000 | PA      | $160728.89    | 0.02%             | 2028-07-18      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| American Express Co.                                                | American Express Co.                                                                           | CUSIP: 025816EF2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2675000 | PA      | $2718477.12   | 0.33%             | 2031-04-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: —       |
| Harley-Davidson Financial Services, Inc.                            | Harley-Davidson Financial Services, Inc.                                                       | CUSIP: 41283LAY1<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104727.00    | 0.01%             | 2025-06-08      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| Helmerich & Payne, Inc.                                             | Helmerich & Payne, Inc.                                                                        | CUSIP: 423452AK7<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |    890000 | PA      | $784015.69    | 0.09%             | 2034-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| World Omni Select Auto Trust                                        | World Omni Select Auto Trust, Series 2021-A, Class B                                           | CUSIP: 98163HAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8325 | PA      | $8310.63      | 0.00%             | 2027-08-16      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                      | BNP Paribas SA                                                                                 | CUSIP: 09659W2Z6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1145000 | PA      | $1157888.82   | 0.14%             | 2030-11-19      | Variable      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Ares XXXIX CLO Ltd.                                                 | Ares XXXIX CLO Ltd., Series 2016-39A, Class AR3                                                | CUSIP: 04015WBL7<br>LEI: 5493005YAOTYJUJV3S58 | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2247750.00   | 0.27%             | 2037-07-18      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| Var Energi ASA                                                      | Var Energi ASA                                                                                 | CUSIP: 92212WAA8<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |   1092245 | PA      | $1101249.87   | 0.13%             | 2027-05-18      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                             | Volkswagen Group of America Finance LLC                                                        | CUSIP: 928668CS9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1355000 | PA      | $1347630.78   | 0.16%             | 2035-03-27      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                          | HPS Corporate Lending Fund                                                                     | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40566.54     | 0.00%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-H05, Class FT                                                                | CUSIP: 38380LSX2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    276794 | PA      | $276616.74    | 0.03%             | 2069-04-20      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                  | Canadian Imperial Bank of Commerce                                                             | CUSIP: 13607PH98<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $2118948.24   | 0.25%             | 2029-03-30      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                               | Westlake Automobile Receivables Trust, Series 2025-1A, Class A3                                | CUSIP: 96043VAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    990000 | PA      | $993815.46    | 0.12%             | 2028-08-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                  | United Airlines Pass-Through Trust, Series 2024-1, Class A                                     | CUSIP: 90932WAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495649 | PA      | $491007.36    | 0.06%             | 2037-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VStrong Auto Receivables Trust                                      | VStrong Auto Receivables Trust, Series 2024-A, Class B                                         | CUSIP: 92891PAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     79000 | PA      | $80378.03     | 0.01%             | 2030-07-15      | Fixed         | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Flex Ltd.                                                           | Flex Ltd.                                                                                      | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    570000 | PA      | $582828.84    | 0.07%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                                        | Hilton Grand Vacations Trust, Series 2022-2A, Class C                                          | CUSIP: 43283GAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     41482 | PA      | $41669.76     | 0.01%             | 2037-01-25      | Fixed         | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Americredit Automobile Receivables Trust                            | Americredit Automobile Receivables Trust, Series 2023-1, Class B                               | CUSIP: 03067BAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    735000 | PA      | $743989.79    | 0.09%             | 2028-03-20      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                      | Morgan Stanley                                                                                 | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1373338.83   | 0.17%             | 2036-04-17      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2012-H20, Class PT                                                                | CUSIP: 38375BVS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     42856 | PA      | $42710.60     | 0.01%             | 2062-07-20      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Southern Co. Gas Capital Corp.                                      | Southern Co. Gas Capital Corp.                                                                 | CUSIP: 001192AL7<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    275000 | PA      | $273379.07    | 0.03%             | 2025-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Citizens Auto Receivables Trust                                     | Citizens Auto Receivables Trust, Series 2024-1, Class A3                                       | CUSIP: 17331QAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235000 | PA      | $236330.41    | 0.03%             | 2028-04-17      | Fixed         | 5.11%                 | Yes           |                  2 | On Loan: No      |
| NSTAR Electric Co.                                                  | NSTAR Electric Co.                                                                             | CUSIP: 67021CAX5<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    535000 | PA      | $542539.84    | 0.07%             | 2030-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CMA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5325000 | PA      | $5421723.62   | 0.65%             | 2029-11-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36208GRL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        43 | PA      | $42.75        | 0.00%             | 2027-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BANK                                                                | BANK, Series 2021-BN37, Class A5                                                               | CUSIP: 06540LBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1480000 | PA      | $1291042.63   | 0.16%             | 2064-11-15      | Variable      | 2.62%                 | No            |                  2 | On Loan: No      |
| BGC Group, Inc.                                                     | BGC Group, Inc.                                                                                | CUSIP: 05555LAC5<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    430000 | PA      | $428370.88    | 0.05%             | 2030-04-02      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                        | Pacific Gas and Electric Co.                                                                   | CUSIP: 694308KV8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1199593.34   | 0.14%             | 2055-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| AASET                                                               | AASET, Series 2025-1A, Class A                                                                 | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400055 | PA      | $401027.80    | 0.05%             | 2050-02-16      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| Dllad LLC                                                           | Dllad LLC, Series 2024-1A, Class A2                                                            | CUSIP: 23346MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120004 | PA      | $120625.60    | 0.01%             | 2027-08-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Compass Datacenters Issuer III LLC                                  | Compass Datacenters Issuer III LLC, Series 2025-1A, Class A2                                   | CUSIP: 20469BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    405000 | PA      | $404830.47    | 0.05%             | 2050-02-25      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                        | Oracle Corp.                                                                                   | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1288840.54   | 0.15%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                 | Synchrony Financial                                                                            | CUSIP: 87165BAW3<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    520000 | PA      | $518564.93    | 0.06%             | 2031-03-06      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Walmart, Inc.                                                       | Walmart, Inc.                                                                                  | CUSIP: 931142FE8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174302.36    | 0.02%             | 2053-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Norfolk Southern Corp.                                              | Norfolk Southern Corp.                                                                         | CUSIP: 655844CV8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    360000 | PA      | $361268.30    | 0.04%             | 2035-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Leasing LLC                                           | SCF Equipment Leasing LLC, Series 2022-1A, Class A3                                            | CUSIP: 784033AS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    164311 | PA      | $163671.74    | 0.02%             | 2029-07-20      | Fixed         | 2.92%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CLR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    115000 | PA      | $117034.96    | 0.01%             | 2029-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                    | Bank of Montreal                                                                               | CUSIP: 06368MJG0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $583951.85    | 0.07%             | 2029-01-27      | Variable      | 5.00%                 | No            |                  2 | On Loan: —       |
| Westpac Banking Corp.                                               | Westpac Banking Corp.                                                                          | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1250000 | PA      | $1078681.70   | 0.13%             | 2036-11-18      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| Park Place Securities, Inc. Asset-Backed Pass-Through Certificates  | Park Place Securities, Inc. Asset-Backed Pass-Through Certificates, Series 2005-WCH1, Class M4 | CUSIP: 70069FFL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.03         | 0.00%             | 2036-01-25      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418D7D8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1271829 | PA      | $958598.00    | 0.12%             | 2051-12-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                               | Westlake Automobile Receivables Trust, Series 2024-2A, Class A3                                | CUSIP: 96042YAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $382879.49    | 0.05%             | 2028-02-15      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                 | U.S. Treasury Ultra Bond                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        99 | NC      | $-233047.09   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Marathon CLO Ltd.                                                   | Marathon CLO Ltd., Series 2020-15A, Class A1R3                                                 | CUSIP: 56579UBA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1488562.50   | 0.18%             | 2037-08-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Sixth Street Lending Partners                                       | Sixth Street Lending Partners                                                                  | CUSIP: 829932AB8<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |    575000 | PA      | $584648.70    | 0.07%             | 2029-03-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding 1 LLC                                    | Wheels Fleet Lease Funding 1 LLC, Series 2024-1A, Class A1                                     | CUSIP: 96328GBM8<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    413279 | PA      | $417985.27    | 0.05%             | 2039-02-18      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corp.                                              | Truist Financial Corp.                                                                         | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    590000 | PA      | $636971.23    | 0.08%             | 2029-10-30      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                      | Broadcom, Inc.                                                                                 | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    400000 | PA      | $356721.40    | 0.04%             | 2033-04-15      | Fixed         | 3.42%                 | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                           | Chesapeake Funding II LLC, Series 2024-1A, Class A1                                            | CUSIP: 165183DE1<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |    246506 | PA      | $248826.70    | 0.03%             | 2036-05-15      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                                     | Prestige Auto Receivables Trust, Series 2023-1A, Class C                                       | CUSIP: 74113GAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $496729.98    | 0.06%             | 2028-02-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179XLJ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    605379 | PA      | $607525.13    | 0.07%             | 2052-11-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA ACES, Series 2020-M33, Class X                                                            | CUSIP: 3136BBAL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    672827 | PA      | $17884.82     | 0.00%             | 2028-06-25      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| GATX Corp.                                                          | GATX Corp.                                                                                     | CUSIP: 361448BR3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    168000 | PA      | $162761.43    | 0.02%             | 2054-06-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: —       |
| Boeing Co. (The)                                                    | Boeing Co. (The)                                                                               | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    550000 | PA      | $504645.48    | 0.06%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2023-1, Class C                                 | CUSIP: 80287GAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1255000 | PA      | $1260385.33   | 0.15%             | 2030-05-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA                                                                                           | CUSIP: 3140FXXB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3008496 | PA      | $2389565.41   | 0.29%             | 2062-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                         | Citibank NA                                                                                    | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1459924.96   | 0.18%             | 2027-11-19      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                           | SFS Auto Receivables Securitization Trust, Series 2025-1A, Class A3                            | CUSIP: 81885BAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $282381.68    | 0.03%             | 2030-07-22      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                          | Occidental Petroleum Corp.                                                                     | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    915000 | PA      | $789365.65    | 0.09%             | 2054-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: —       |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140X46N1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    270163 | PA      | $262422.14    | 0.03%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Aker BP ASA                                                         | Aker BP ASA                                                                                    | CUSIP: 00973RAP8<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    425000 | PA      | $371933.39    | 0.04%             | 2054-10-01      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Aqua Finance Trust                                                  | Aqua Finance Trust, Series 2021-A, Class A                                                     | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    267624 | PA      | $247065.84    | 0.03%             | 2046-07-17      | Fixed         | 1.54%                 | Yes           |                  2 | On Loan: No      |
| US Bancorp                                                          | US Bancorp                                                                                     | CUSIP: 91159HJP6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    450000 | PA      | $465116.53    | 0.06%             | 2027-10-26      | Variable      | 6.79%                 | No            |                  2 | On Loan: —       |
| American Home Mortgage Investment Trust                             | American Home Mortgage Investment Trust, Series 2004-3, Class 6A1                              | CUSIP: 02660TBQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1260 | PA      | $1243.86      | 0.00%             | 2034-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                 | Bank of New York Mellon Corp. (The)                                                            | CUSIP: 06406RBQ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    640000 | PA      | $643519.97    | 0.08%             | 2027-04-26      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9430000 | PA      | $9527246.88   | 1.14%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Nucor Corp.                                                         | Nucor Corp.                                                                                    | CUSIP: 670346BA2<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   1980000 | PA      | $1942694.92   | 0.23%             | 2035-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: —       |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140MA5E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4215120 | PA      | $3666547.30   | 0.44%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                                  | Hyatt Hotels Corp.                                                                             | CUSIP: 448579AR3<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    670000 | PA      | $672103.71    | 0.08%             | 2029-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                           | Vistra Operations Co. LLC                                                                      | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84259.92     | 0.01%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EB82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1935996 | PA      | $1537904.44   | 0.18%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                        | Dell Equipment Finance Trust, Series 2023-3, Class A3                                          | CUSIP: 24702EAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    835000 | PA      | $841502.98    | 0.10%             | 2029-04-23      | Fixed         | 5.93%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                                    | OneMain Financial Issuance Trust, Series 2022-S1, Class A                                      | CUSIP: 68267HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1165000 | PA      | $1159842.66   | 0.14%             | 2035-05-14      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                       | UMBS, 30 Year, Single Family                                                                   | CUSIP: 01F042657<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2868750.93   | 0.34%             | 2055-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                                  | CyrusOne Data Centers Issuer I LLC, Series 2025-1A, Class A2                                   | CUSIP: 23284BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670000 | PA      | $684033.55    | 0.08%             | 2050-02-20      | Fixed         | 5.91%                 | Yes           |                  2 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                                        | Zimmer Biomet Holdings, Inc.                                                                   | CUSIP: 98956PBB7<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1336175.27   | 0.16%             | 2030-02-19      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EJ43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4364609 | PA      | $3944994.62   | 0.47%             | 2052-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                            | BX Trust, Series 2024-VLT4, Class A                                                            | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    785000 | PA      | $779110.46    | 0.09%             | 2029-07-15      | Floating      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| Microchip Technology, Inc.                                          | Microchip Technology, Inc.                                                                     | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    630000 | PA      | $627127.18    | 0.08%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: —       |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140EUFW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    605109 | PA      | $574407.10    | 0.07%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                     | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    750000 | PA      | $729927.92    | 0.09%             | 2027-03-09      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                               | Wells Fargo Commercial Mortgage Trust, Series 2021-C61, Class A4                               | CUSIP: 95003QAS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2165000 | PA      | $1897204.01   | 0.23%             | 2054-11-15      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K-150, Class X1                 | CUSIP: 3137H9CB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5418484 | PA      | $118534.76    | 0.01%             | 2032-09-25      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| ANZ New Zealand International Ltd.                                  | ANZ New Zealand International Ltd.                                                             | CUSIP: 00182EBU2<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |    700000 | PA      | $723712.75    | 0.09%             | 2028-08-14      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                                   | Credit Acceptance Auto Loan Trust, Series 2023-1A, Class A                                     | CUSIP: 224927AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485001 | PA      | $487702.61    | 0.06%             | 2033-03-15      | Fixed         | 6.48%                 | Yes           |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                            | Benchmark Mortgage Trust, Series 2024-V7, Class A3                                             | CUSIP: 08163YAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $601099.66    | 0.07%             | 2056-05-15      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                                   | Credit Acceptance Auto Loan Trust, Series 2025-1A, Class A                                     | CUSIP: 22536KAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1630000 | PA      | $1644089.39   | 0.20%             | 2035-03-15      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                      | Morgan Stanley                                                                                 | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    600000 | PA      | $586039.03    | 0.07%             | 2037-04-20      | Variable      | 5.30%                 | No            |                  2 | On Loan: —       |
| Boeing Co. (The)                                                    | Boeing Co. (The)                                                                               | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $411537.42    | 0.05%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| Huntington Bancshares, Inc.                                         | Huntington Bancshares, Inc.                                                                    | CUSIP: 446150BC7<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    475000 | PA      | $493919.27    | 0.06%             | 2029-08-21      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd.                                                        | Nutrien Ltd.                                                                                   | CUSIP: 67077MBF4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |   1210000 | PA      | $1220517.61   | 0.15%             | 2032-03-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                                  | Hyatt Hotels Corp.                                                                             | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    560000 | PA      | $560917.40    | 0.07%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWDD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1862724 | PA      | $1551856.34   | 0.19%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                    | ABN AMRO Bank NV                                                                               | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $511069.17    | 0.06%             | 2027-09-18      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| KBC Group NV                                                        | KBC Group NV                                                                                   | CUSIP: 48241FAD6<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |    455000 | PA      | $458766.95    | 0.06%             | 2030-10-16      | Variable      | 4.93%                 | Yes           |                  2 | On Loan: No      |
| HERO Funding Trust                                                  | HERO Funding Trust, Series 2015-2A, Class A                                                    | CUSIP: 42770UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |         0 | PA      | $0.33         | 0.00%             | 2040-09-20      | Fixed         | 3.99%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-H07, Class BZ                                                                | CUSIP: 38380LSC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4787501 | PA      | $4555082.14   | 0.55%             | 2069-01-20      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |
| F&G Global Funding                                                  | F&G Global Funding                                                                             | CUSIP: 30321L2G6<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    555000 | PA      | $569146.42    | 0.07%             | 2027-06-10      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Protective Life Global Funding                                      | Protective Life Global Funding                                                                 | CUSIP: 74368CCA0<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008526.16   | 0.12%             | 2029-12-09      | Fixed         | 4.77%                 | Yes           |                  2 | On Loan: No      |
| CSL Finance plc                                                     | CSL Finance plc                                                                                | CUSIP: 12661PAC3<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |    540000 | PA      | $517527.47    | 0.06%             | 2032-04-27      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust                       | Bridgecrest Lending Auto Securitization Trust, Series 2023-1, Class A3                         | CUSIP: 108056AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    487257 | PA      | $489030.95    | 0.06%             | 2027-11-15      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| Sonoco Products Co.                                                 | Sonoco Products Co.                                                                            | CUSIP: 835495AR3<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1133403.99   | 0.14%             | 2029-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| Dllad LLC                                                           | Dllad LLC, Series 2024-1A, Class A3                                                            | CUSIP: 23346MAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $203847.70    | 0.02%             | 2029-07-20      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                               | Westlake Automobile Receivables Trust, Series 2023-1A, Class A3                                | CUSIP: 96042XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    192181 | PA      | $192235.59    | 0.02%             | 2028-01-18      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| BAT Capital Corp.                                                   | BAT Capital Corp.                                                                              | CUSIP: 05526DBH7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $962377.09    | 0.12%             | 2029-09-06      | Fixed         | 3.46%                 | No            |                  2 | On Loan: —       |
| BANK                                                                | BANK, Series 2020-BN25, Class A5                                                               | CUSIP: 06539WBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1030000 | PA      | $931230.21    | 0.11%             | 2063-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-133                                                                          | CUSIP: 38381DXB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3692085 | PA      | $252472.51    | 0.03%             | 2063-07-16      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage LP                                              | Extra Space Storage LP                                                                         | CUSIP: 30225VAU1<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1295000 | PA      | $1271116.28   | 0.15%             | 2035-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: —       |
| Brookfield Finance, Inc.                                            | Brookfield Finance, Inc.                                                                       | CUSIP: 11271LAP7<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    450000 | PA      | $427139.85    | 0.05%             | 2055-03-03      | Fixed         | 5.81%                 | No            |                  2 | On Loan: —       |
| GNMA                                                                | GNMA, Series 2021-132, Class BI                                                                | CUSIP: 38381DZE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3785761 | PA      | $262164.33    | 0.03%             | 2063-04-16      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | U.S. Treasury Long Bond                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       104 | NC      | $-89521.02    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Select Receivables Trust                                     | CarMax Select Receivables Trust, Series 2025-A, Class A3                                       | CUSIP: 14319UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1070000 | PA      | $1078642.18   | 0.13%             | 2029-09-17      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| Pine Street Trust III                                               | Pine Street Trust III                                                                          | CUSIP: 72284KAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $396521.56    | 0.05%             | 2054-05-15      | Fixed         | 6.22%                 | Yes           |                  2 | On Loan: —       |
| GNMA                                                                | GNMA, Series 2018-H02, Class ZJ                                                                | CUSIP: 38375U6H8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    425941 | PA      | $422526.84    | 0.05%             | 2064-10-20      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| New Mountain Finance Corp.                                          | New Mountain Finance Corp.                                                                     | CUSIP: 647551AG5<br>LEI: 549300L1MPTT1H7SES77 | Long             | DBT              | CORP              | US        |    350000 | PA      | $349818.85    | 0.04%             | 2027-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| GECU Auto Receivables Trust                                         | GECU Auto Receivables Trust, Series 2023-1A, Class A3                                          | CUSIP: 36169EAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $453503.70    | 0.05%             | 2028-08-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                                   | Blue Owl Technology Finance Corp.                                                              | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    645000 | PA      | $646395.12    | 0.08%             | 2029-04-04      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36207WCY8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1801 | PA      | $1810.59      | 0.00%             | 2027-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital, Inc.                                               | Ashtead Capital, Inc.                                                                          | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1566327.92   | 0.19%             | 2028-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: —       |
| Enterprise Fleet Financing LLC                                      | Enterprise Fleet Financing LLC, Series 2024-1, Class A3                                        | CUSIP: 29375PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $244467.14    | 0.03%             | 2030-09-20      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Brookfield Finance, Inc.                                            | Brookfield Finance, Inc.                                                                       | CUSIP: 11271LAE2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $585698.65    | 0.07%             | 2030-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| Hyundai Capital America                                             | Hyundai Capital America                                                                        | CUSIP: 44891ADQ7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2731705.99   | 0.33%             | 2030-03-27      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Regional Management Issuance Trust                                  | Regional Management Issuance Trust, Series 2024-1, Class A                                     | CUSIP: 758983AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $286883.38    | 0.03%             | 2036-07-15      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Frontier Issuer LLC                                                 | Frontier Issuer LLC, Series 2024-1, Class A2                                                   | CUSIP: 35910EAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $524888.58    | 0.06%             | 2054-06-20      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| Santander UK Group Holdings plc                                     | Santander UK Group Holdings plc                                                                | CUSIP: 80281LAV7<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    935000 | PA      | $958596.79    | 0.12%             | 2031-04-15      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Carmax Auto Owner Trust                                             | Carmax Auto Owner Trust, Series 2025-2, Class A3                                               | CUSIP: 14320AAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    680000 | PA      | $681797.31    | 0.08%             | 2030-03-15      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust              | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2025-BMS, Class A               | CUSIP: 46596CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    605000 | PA      | $598950.00    | 0.07%             | 2042-01-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                                  | Hyatt Hotels Corp.                                                                             | CUSIP: 448579AT9<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    740000 | PA      | $735555.60    | 0.09%             | 2031-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Brighthouse Financial Global Funding                                | Brighthouse Financial Global Funding                                                           | CUSIP: 10921U2L1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |    700000 | PA      | $710197.93    | 0.09%             | 2029-06-10      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Bacardi Ltd.                                                        | Bacardi Ltd.                                                                                   | CUSIP: 05635JAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    150000 | PA      | $140725.37    | 0.02%             | 2043-06-15      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Amcor Flexibles North America, Inc.                                 | Amcor Flexibles North America, Inc.                                                            | CUSIP: 02344AAC2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    205000 | PA      | $206708.75    | 0.02%             | 2028-03-17      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| New York Life Global Funding                                        | New York Life Global Funding                                                                   | CUSIP: 64952WFG3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    955000 | PA      | $983731.79    | 0.12%             | 2029-06-06      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418CR71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1173414 | PA      | $1037287.15   | 0.12%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                                 | Exeter Automobile Receivables Trust, Series 2025-2A, Class A3                                  | CUSIP: 30168JAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1780000 | PA      | $1785517.47   | 0.21%             | 2029-01-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips Co.                                                  | ConocoPhillips Co.                                                                             | CUSIP: 20826FBL9<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    845000 | PA      | $831701.87    | 0.10%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                   | Wells Fargo & Co.                                                                              | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1840000 | PA      | $1868396.02   | 0.22%             | 2036-04-23      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K142, Class X1                  | CUSIP: 3137H73R2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5757612 | PA      | $105396.55    | 0.01%             | 2032-03-25      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36208M2N4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       571 | PA      | $573.28       | 0.00%             | 2027-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                     | Goldman Sachs Group, Inc. (The)                                                                | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2775000 | PA      | $2826196.34   | 0.34%             | 2031-04-23      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2019-117, Class LI                                                                | CUSIP: 38381YRW6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    383508 | PA      | $25308.67     | 0.00%             | 2049-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                  | Bank of America NA                                                                             | CUSIP: 06428CAA2<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1026593.44   | 0.12%             | 2026-08-18      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Lehman Brothers Holdings, Inc.                                      | Lehman Brothers Holdings, Inc.                                                                 | CUSIP: N/A<br>LEI: 549300FDK6ZP3YIHRJ47       | Long             | DBT              | CORP              | US        |   4000000 | PA      | $1600.00      | 0.00%             | 2013-01-24      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                           | Corebridge Global Funding                                                                      | CUSIP: 00138CAN8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    665000 | PA      | $655413.95    | 0.08%             | 2025-09-22      | Fixed         | 0.90%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                                    | CVS Health Corp.                                                                               | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002206.38   | 0.12%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric LLC                             | CenterPoint Energy Houston Electric LLC                                                        | CUSIP: 15189XBG2<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    925000 | PA      | $940360.04    | 0.11%             | 2030-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| LYB International Finance III LLC                                   | LYB International Finance III LLC                                                              | CUSIP: 50249AAM5<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    865000 | PA      | $841004.58    | 0.10%             | 2034-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                        | Avolon Holdings Funding Ltd.                                                                   | CUSIP: 05401AAW1<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1030000 | PA      | $1024928.69   | 0.12%             | 2028-01-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36209VHZ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     14820 | PA      | $14966.52     | 0.00%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140XHLC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1205277 | PA      | $1051640.90   | 0.13%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                                   | Credit Acceptance Auto Loan Trust, Series 2024-2A, Class A                                     | CUSIP: 22536VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1222057.92   | 0.15%             | 2034-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| CSMC OA LLC                                                         | CSMC OA LLC, Series 2014-USA, Class A2                                                         | CUSIP: 12649AAC3<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   1030000 | PA      | $945025.21    | 0.11%             | 2037-09-15      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust                                   | GLS Auto Receivables Issuer Trust, Series 2024-4A, Class A3                                    | CUSIP: 36270YAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    270000 | PA      | $270490.43    | 0.03%             | 2028-07-17      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                  | General Motors Financial Co., Inc.                                                             | CUSIP: 37045XFE1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1854519.55   | 0.22%             | 2028-04-04      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Dell International LLC                                              | Dell International LLC                                                                         | CUSIP: 24703TAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $576899.35    | 0.07%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Octane Receivables Trust                                            | Octane Receivables Trust, Series 2024-2A, Class A2                                             | CUSIP: 67578YAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    679939 | PA      | $687204.19    | 0.08%             | 2032-07-20      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| CGI, Inc.                                                           | CGI, Inc.                                                                                      | CUSIP: 12532HAK0<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |   1835000 | PA      | $1844272.49   | 0.22%             | 2030-03-14      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| American National Global Funding                                    | American National Global Funding                                                               | CUSIP: 02771D2A1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    870000 | PA      | $889320.97    | 0.11%             | 2030-01-28      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                           | Toyota Motor Credit Corp.                                                                      | CUSIP: 89236TNB7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    995000 | PA      | $1019261.68   | 0.12%             | 2035-01-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: —       |
| GLS Auto Select Receivables Trust                                   | GLS Auto Select Receivables Trust, Series 2024-2A, Class A2                                    | CUSIP: 379924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135131 | PA      | $136678.95    | 0.02%             | 2030-06-17      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140XGQN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    948607 | PA      | $900643.54    | 0.11%             | 2037-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                               | NextEra Energy Capital Holdings, Inc.                                                          | CUSIP: 65339KDM9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    835000 | PA      | $813100.10    | 0.10%             | 2055-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Marex Group plc                                                     | Marex Group plc                                                                                | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |    650000 | PA      | $663579.55    | 0.08%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Sierra Timeshare Receivables Funding LLC                            | Sierra Timeshare Receivables Funding LLC, Series 2024-2A, Class A                              | CUSIP: 82650DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    483712 | PA      | $490183.65    | 0.06%             | 2041-06-20      | Fixed         | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                               | Dominion Energy, Inc.                                                                          | CUSIP: 25746UDX4<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   2380000 | PA      | $2368417.21   | 0.28%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3500000 | PA      | $2921953.13   | 0.35%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| APA Corp.                                                           | APA Corp.                                                                                      | CUSIP: 03743QAS7<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    855000 | PA      | $748272.86    | 0.09%             | 2055-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FirstEnergy Pennsylvania Electric Co.                               | FirstEnergy Pennsylvania Electric Co.                                                          | CUSIP: 591894CC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990077.19    | 0.12%             | 2029-01-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4195000 | PA      | $4227609.58   | 0.51%             | 2027-01-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2100000 | PA      | $1389035.15   | 0.17%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| RGA Global Funding                                                  | RGA Global Funding                                                                             | CUSIP: 76209PAG8<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    640000 | PA      | $654584.67    | 0.08%             | 2030-01-09      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| UBS AG                                                              | UBS AG                                                                                         | CUSIP: 22550L2K6<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    415000 | PA      | $421316.05    | 0.05%             | 2027-07-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CMP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4175000 | PA      | $4210226.56   | 0.51%             | 2027-02-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                                         | Penske Truck Leasing Co. LP                                                                    | CUSIP: 709599CB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1087631.13   | 0.13%             | 2030-02-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Commercial Mortgage Pass-Through Certificates                       | Commercial Mortgage Pass-Through Certificates, Series 2012-LTRT, Class A2                      | CUSIP: 12624NAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     69298 | PA      | $66511.61     | 0.01%             | 2030-10-05      | Fixed         | 3.40%                 | Yes           |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust                             | Capital One Multi-Asset Execution Trust, Series 2023-A1, Class A                               | CUSIP: 14041NGD7<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001648.50   | 0.12%             | 2028-05-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                           | SFS Auto Receivables Securitization Trust, Series 2023-1A, Class A3                            | CUSIP: 78398AAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    555000 | PA      | $559129.87    | 0.07%             | 2028-10-20      | Fixed         | 5.47%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K107, Class X1                  | CUSIP: 3137FRZC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    473774 | PA      | $29468.82     | 0.00%             | 2030-01-25      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp. Trust                                  | GS Mortgage Securities Corp. Trust, Series 2013-PEMB, Class A                                  | CUSIP: 36197VAA6<br>LEI: 549300E4QCAQ0FY44H36 | Long             | ABS-MBS          | CORP              | US        |    410000 | PA      | $354486.00    | 0.04%             | 2033-03-05      | Variable      | 3.67%                 | Yes           |                  2 | On Loan: No      |
| CVS Pass-Through Trust                                              | CVS Pass-Through Trust                                                                         | CUSIP: 126650BQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    894790 | PA      | $920542.87    | 0.11%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                               | Bank of America Corp.                                                                          | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    980000 | PA      | $961216.96    | 0.12%             | 2035-10-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| GlaxoSmithKline Capital, Inc.                                       | GlaxoSmithKline Capital, Inc.                                                                  | CUSIP: 377372AP2<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1637581.81   | 0.20%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Golub Capital BDC, Inc.                                             | Golub Capital BDC, Inc.                                                                        | CUSIP: 38173MAE2<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    210000 | PA      | $210330.73    | 0.03%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA                                                                                           | CUSIP: 3138LNX63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5000000 | PA      | $4759350.80   | 0.57%             | 2033-07-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                            | PNC Financial Services Group, Inc. (The)                                                       | CUSIP: 693475BM6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    490000 | PA      | $484572.50    | 0.06%             | 2034-01-24      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K-1521, Class X1                | CUSIP: 3137H2NZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2782275 | PA      | $212262.24    | 0.03%             | 2036-08-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| SoFi Professional Loan Program LLC                                  | SoFi Professional Loan Program LLC, Series 2018-A, Class A2B                                   | CUSIP: 83406EAC9<br>LEI: 5493002WMPR84WZ75V46 | Long             | ABS-O            | CORP              | US        |     21296 | PA      | $21185.93     | 0.00%             | 2042-02-25      | Fixed         | 2.95%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XVII Ltd.                                                 | Magnetite XVII Ltd., Series 2016-17A, Class AR2                                                | CUSIP: 55954EAY5<br>LEI: 5493003SVWF9GG13MZ22 | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1401472.80   | 0.17%             | 2037-04-20      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| LKQ Corp.                                                           | LKQ Corp.                                                                                      | CUSIP: 501889AD1<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |    510000 | PA      | $520758.35    | 0.06%             | 2028-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA ACES, Series 2020-M37, Class X                                                            | CUSIP: 3136BBGX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1140689 | PA      | $44889.63     | 0.01%             | 2032-04-25      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| Crown Castle, Inc.                                                  | Crown Castle, Inc.                                                                             | CUSIP: 22822VAC5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    630000 | PA      | $622913.19    | 0.07%             | 2026-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Reliance Standard Life Global Funding II                            | Reliance Standard Life Global Funding II                                                       | CUSIP: 75951AAP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1269459.54   | 0.15%             | 2025-05-07      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bond                                                                             | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5125000 | PA      | $5073750.00   | 0.61%             | 2044-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| HP, Inc.                                                            | HP, Inc.                                                                                       | CUSIP: 40434LAS4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1258595.38   | 0.15%             | 2035-04-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | FNMA, Series 2020-85, Class LI                                                                 | CUSIP: 3136BCR85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2623895 | PA      | $262561.32    | 0.03%             | 2035-02-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                      | Carvana Auto Receivables Trust, Series 2024-P2, Class A3                                       | CUSIP: 14688PAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $368683.51    | 0.04%             | 2029-07-10      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co.                                              | Kentucky Utilities Co., Series KENT                                                            | CUSIP: 491674BN6<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    325000 | PA      | $332821.32    | 0.04%             | 2033-04-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2020-108                                                                          | CUSIP: 38380PWY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2720897 | PA      | $159581.70    | 0.02%             | 2062-06-16      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3785000 | PA      | $3811021.88   | 0.46%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America, Inc.                                 | Amcor Flexibles North America, Inc.                                                            | CUSIP: 02343JAA8<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    545000 | PA      | $544568.98    | 0.07%             | 2025-05-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK                                                                | BANK, Series 2020-BN26, Class A4                                                               | CUSIP: 06540JBG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2050000 | PA      | $1838311.67   | 0.22%             | 2063-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EHJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6388789 | PA      | $5964881.43   | 0.72%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alliant Energy Finance LLC                                          | Alliant Energy Finance LLC                                                                     | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    525000 | PA      | $532044.89    | 0.06%             | 2027-06-06      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                               | Athene Global Funding                                                                          | CUSIP: 04685A4G3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1458183.20   | 0.18%             | 2030-01-07      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| Main Street Capital Corp.                                           | Main Street Capital Corp.                                                                      | CUSIP: 56035LAJ3<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |    540000 | PA      | $548929.56    | 0.07%             | 2027-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418DVC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    834208 | PA      | $698658.67    | 0.08%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                  | United Airlines Pass-Through Trust, Series 2024-1, Class AA                                    | CUSIP: 90932WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    289459 | PA      | $287823.05    | 0.03%             | 2037-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 3140F5AD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87960 | PA      | $78157.75     | 0.01%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA, Series 2021-20                                                                           | CUSIP: 38380RYD6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2620681 | PA      | $213072.09    | 0.03%             | 2062-08-16      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                    | Boeing Co. (The)                                                                               | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93731.29     | 0.01%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                  | LPL Holdings, Inc.                                                                             | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1214012.90   | 0.15%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                         | ONEOK, Inc.                                                                                    | CUSIP: 682680BD4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    458000 | PA      | $460267.33    | 0.06%             | 2026-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                              | Truist Financial Corp.                                                                         | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    750000 | PA      | $734149.32    | 0.09%             | 2034-01-26      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| M&T Bank Auto Receivables Trust                                     | M&T Bank Auto Receivables Trust, Series 2025-1A, Class A3                                      | CUSIP: 55287XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    290000 | PA      | $292473.06    | 0.04%             | 2030-06-17      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DPJ90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9178164 | PA      | $8294470.88   | 1.00%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                          | LAD Auto Receivables Trust, Series 2023-4A, Class B                                            | CUSIP: 50571AAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    260000 | PA      | $265365.75    | 0.03%             | 2028-10-16      | Fixed         | 6.39%                 | Yes           |                  2 | On Loan: No      |
| TCO Commercial Mortgage Trust                                       | TCO Commercial Mortgage Trust, Series 2024-DPM, Class A                                        | CUSIP: 87231EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $521062.50    | 0.06%             | 2039-12-15      | Floating      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                                | FNMA                                                                                           | CUSIP: 3140LHWN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1144501 | PA      | $1197465.87   | 0.14%             | 2032-10-01      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                  | BMW US Capital LLC                                                                             | CUSIP: 05565ECZ6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1573522.83   | 0.19%             | 2035-03-21      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Bonds                                                                            | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10030000 | PA      | $9671114.06   | 1.16%             | 2043-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWMJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1941932 | PA      | $1903866.15   | 0.23%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                                     | Phillips 66 Co.                                                                                | CUSIP: 718547AW2<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    770000 | PA      | $678834.30    | 0.08%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: —       |
| FHLMC                                                               | FHLMC Multifamily Structured Pass-Through Certificates, Series K143, Class X1                  | CUSIP: 3137H74C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2594646 | PA      | $55606.12     | 0.01%             | 2055-04-25      | Variable      | 0.45%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Global Funding                                | Brighthouse Financial Global Funding                                                           | CUSIP: 10921U2J6<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $1022874.44   | 0.12%             | 2027-04-09      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Post Road Equipment Finance LLC                                     | Post Road Equipment Finance LLC, Series 2024-1A, Class A2                                      | CUSIP: 737473AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125577 | PA      | $126134.54    | 0.02%             | 2029-11-15      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Apollo Debt Solutions BDC                                           | Apollo Debt Solutions BDC                                                                      | CUSIP: 03770DAE3<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    545000 | PA      | $548236.92    | 0.07%             | 2032-03-15      | Fixed         | 6.55%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                        | UBS Group AG                                                                                   | CUSIP: 902613AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2000000 | PA      | $2005024.88   | 0.24%             | 2028-05-12      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing III LLC                                     | Hertz Vehicle Financing III LLC, Series 2023-3A, Class A                                       | CUSIP: 42806MCA5<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    845000 | PA      | $859446.12    | 0.10%             | 2028-02-25      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                       | UMBS, 30 Year, Single Family                                                                   | CUSIP: 01F050650<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4000000 | PA      | $3915264.88   | 0.47%             | 2055-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2024-4, Class A3                                | CUSIP: 802919AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    575000 | PA      | $576787.27    | 0.07%             | 2029-01-16      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                              | Santander Drive Auto Receivables Trust, Series 2025-2, Class A3                                | CUSIP: 80287NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1230000 | PA      | $1236515.06   | 0.15%             | 2029-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EE30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4795097 | PA      | $4163407.30   | 0.50%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Leasing LLC                                           | SCF Equipment Leasing LLC, Series 2024-1A, Class A3                                            | CUSIP: 783896AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $363391.63    | 0.04%             | 2032-01-20      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    460000 | PA      | $458993.75    | 0.06%             | 2029-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: —       |
| Nuveen LLC                                                          | Nuveen LLC                                                                                     | CUSIP: 67080LAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    665000 | PA      | $683644.41    | 0.08%             | 2034-04-15      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36205SKW4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1449 | PA      | $1452.76      | 0.00%             | 2027-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Sitios Latinoamerica SAB de CV                                      | Sitios Latinoamerica SAB de CV                                                                 | CUSIP: 82983PAA1<br>LEI: 984500D2C0CDC0BFDD35 | Long             | DBT              | CORP              | MX        |    675000 | PA      | $677261.25    | 0.08%             | 2029-11-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3132DWGK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    322961 | PA      | $334257.87    | 0.04%             | 2053-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179W5C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4699332 | PA      | $4160935.43   | 0.50%             | 2052-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.                                              | Keurig Dr Pepper, Inc.                                                                         | CUSIP: 49271VBB5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    435000 | PA      | $434131.63    | 0.05%             | 2035-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Chevron USA, Inc.                                                   | Chevron USA, Inc.                                                                              | CUSIP: 166756BD7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   2085000 | PA      | $2122277.84   | 0.26%             | 2030-04-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: —       |
| FNMA                                                                | UMBS                                                                                           | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1661747 | PA      | $1592117.58   | 0.19%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Swedbank AB                                                         | Swedbank AB                                                                                    | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    510000 | PA      | $522139.80    | 0.06%             | 2026-09-12      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: No      |
| BA Credit Card Trust                                                | BA Credit Card Trust, Series 2023-A1, Class A1                                                 | CUSIP: 05522RDG0<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $502819.75    | 0.06%             | 2028-05-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                                | Charter Communications Operating LLC                                                           | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    655000 | PA      | $678305.96    | 0.08%             | 2029-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Main Street Capital Corp.                                           | Main Street Capital Corp.                                                                      | CUSIP: 56035LAE4<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |    345000 | PA      | $333801.09    | 0.04%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                            | U.S. Treasury Notes                                                                            | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $598570.31    | 0.07%             | 2028-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                                               | SBNA Auto Lease Trust, Series 2024-A, Class A3                                                 | CUSIP: 78414SAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $350766.29    | 0.04%             | 2026-11-20      | Fixed         | 5.39%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Bank                                                      | Synchrony Bank                                                                                 | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |    890000 | PA      | $890284.65    | 0.11%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                          | UMBS                                                                                           | CUSIP: 3133BBTH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1222492 | PA      | $1016698.49   | 0.12%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                                | GNMA                                                                                           | CUSIP: 36179XVU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    443485 | PA      | $451640.13    | 0.05%             | 2053-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                 | U.S. Treasury 5 Year Note                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        29 | NC      | $49961.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Funding II LLC                                           | Chesapeake Funding II LLC, Series 2023-1A, Class A1                                            | CUSIP: 165183CU6<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |    346202 | PA      | $348200.61    | 0.04%             | 2035-05-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| MSD Investment Corp.                                                | MSD Investment Corp.                                                                           | CUSIP: 55354LAA7<br>LEI: 549300K4HV7AOWFSAO65 | Long             | DBT              | CORP              | US        |    380000 | PA      | $372504.36    | 0.04%             | 2030-05-31      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** Nationwide Mutual Funds

**Signature:** David Majewski

**Name of Signer:** David Majewski

**Title:** Treasurer