# EDGAR Filing Document

**Accession Number:** 0000035315
**File Stem:** 0000035402-26-003437
**Filing Date:** 2026-5
**Character Count:** 209666
**Document Hash:** 10dd3dc7870d377b95cfc2bf71a520a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-003437.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0000035402-26-003437

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SALEM STREET TRUST
- **CENTRAL INDEX KEY:** 0000035315

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02105
- **FILM NUMBER:** 261017571

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FIXED INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FLEXIBLE BOND FUND
- **DATE OF NAME CHANGE:** 19860904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CORPORATE BOND FUND INC
- **DATE OF NAME CHANGE:** 19851225

## Series and Classes Contracts Data

### Fidelity Strategic Real Return Fund (Series ID: S000017675)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000048837 | Fidelity Strategic Real Return Fund                  | FSRRX           |
| C000048838 | Fidelity Advisor Strategic Real Return Fund: Class A | FSRAX           |
| C000048840 | Fidelity Advisor Strategic Real Return Fund: Class C | FCSRX           |
| C000048841 | Fidelity Advisor Strategic Real Return Fund: Class M | FSRTX           |
| C000048842 | Fidelity Advisor Strategic Real Return Fund: Class I | FSIRX           |
| C000205021 | Fidelity Advisor Strategic Real Return Fund: Class Z | FIQDX           |
| C000214978 | Class K6                                             | FSRKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Salem Street Trust

- **b. Investment Company Act file number:** 811-02105

- **c. CIK number of Registrant:** 0000035315

- **d. LEI of Registrant:** S4W85DGKOEJ24DPRB829

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Strategic Real Return Fund

- **b. EDGAR series identifier (if any):** S000017675

- **c. LEI of Series:** RZY8LIPPNOB2FYT9E418

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

- **a. Date of fiscal year-end:** 2026-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $541309754.32

**Total Liabilities:** $634435.26

**Net Assets:** $540675319.06

**Cash Not Reported:** $56786.46

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1388.43245837 | **1-Year:** 12773.84337964 | **5-Year:** 34110.39692424 | **10-Year:** 31857.69465082 | **30-Year:** 18466.61932780

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

- **3-Month:** 22916.45971357 | **1-Year:** -9343.95391260 | **5-Year:** 30446.81932222 | **10-Year:** -22363.16327860 | **30-Year:** -22521.62706500

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000048837 | 3.50%                | 2.73%                | -0.32%               |
| Class ID C000048838 | 3.52%                | 2.74%                | -0.32%               |
| Class ID C000048840 | 3.46%                | 2.57%                | -0.33%               |
| Class ID C000048841 | 3.51%                | 2.74%                | -0.32%               |
| Class ID C000048842 | 3.51%                | 2.74%                | -0.21%               |
| Class ID C000205021 | 3.51%                | 2.73%                | -0.21%               |
| Class ID C000214978 | 3.48%                | 2.82%                | -0.32%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1836729.91              | $15183621.21                               |
| Month 2  | $3923823.75              | $9142217.81                                |
| Month 3  | $2545763.02              | $-5709216.67                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADVANCED MICRO DEVICES INC                                                        | ADVANCED MICRO DEVICES INC                                                                           | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |        48 | NS      | $9764.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNICO EAGLE MINES LTD                                                            | AGNICO EAGLE MINES LTD                                                                               | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      8600 | NS      | $1745655.96   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ALAMOS GOLD INC                                                                   | ALAMOS GOLD INC A                                                                                    | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |     11770 | NS      | $523646.97    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA SHENHUA ENERGY CO LTD                                                       | CHINA SHENHUA ENERGY CO H                                                                            | CUSIP: N/A<br>LEI: 529900N9JOX4C108MA40       | Long             | EC               | CORP              | CN        |     79500 | NS      | $470573.98    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ZIJIN MINING GROUP CO LIMITED                                                     | ZIJIN MINING GROUP CO LTD H                                                                          | CUSIP: N/A<br>LEI: 529900ABI5CBFXD01Q05       | Long             | EC               | CORP              | CN        |    362000 | NS      | $1628456.57   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                       | AMEREN CORP                                                                                          | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |        90 | NS      | $9892.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER CO INC                                                    | AMERICAN ELECTRIC POWER CO INC                                                                       | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |        86 | NS      | $11272.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO RESOURCES CORPORATION                                                      | ANTERO RES CORP                                                                                      | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     16771 | NS      | $711761.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTOFAGASTA PLC                                                                   | ANTOFAGASTA PLC                                                                                      | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |     18200 | NS      | $816169.50    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ARCHER DANIELS MIDLAND CO                                                         | ARCHER DANIELS MIDLAND CO                                                                            | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     61920 | NS      | $4500964.80   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                                                            | BP PLC                                                                                               | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |    211000 | NS      | $1651455.50   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| BARRICK MINING CORP                                                               | BARRICK MINING CORP                                                                                  | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |      7700 | NS      | $314675.44    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP GROUP LTD                                                                     | BHP GROUP LIMITED                                                                                    | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |     81720 | NS      | $2956835.74   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| GALP ENERGIA SGPS SA                                                              | GALP ENERGIA SGPS SA                                                                                 | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |     17500 | NS      | $419607.95    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CF INDUSTRIES HOLDINGS INC                                                        | CF INDUSTRIES HOLDINGS INC                                                                           | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     19600 | NS      | $2544864.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                                                                          | CSX CORP                                                                                             | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |       157 | NS      | $6444.85      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMECO CORP                                                                       | CAMECO CORP                                                                                          | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      1700 | NS      | $184872.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                                                    | CANADIAN NATL RESOURCES LTD                                                                          | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     37530 | NS      | $1830771.19   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN PACIFIC KANSAS CITY LTD                                                  | CANADIAN PACIFIC KANSAS CITY LTD                                                                     | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |        76 | NS      | $5978.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                                                                   | CATERPILLAR INC                                                                                      | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |        17 | NS      | $12043.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CEDAR REALTY TRUST INC                                                            | CEDAR RLTY TR I 7.25% PFD PERP                                                                       | CUSIP: 150602407<br>LEI: 54930056URX93R2RSN82 | Long             | EP               | CORP              | US        |       415 | NS      | $8984.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                            | CENTERPOINT ENERGY INC                                                                               | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |       476 | NS      | $20544.16     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY INC                                                               | CHENIERE ENERGY INC                                                                                  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |       143 | NS      | $40577.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP NEW                                                                  | CHEVRON CORP                                                                                         | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20742 | NS      | $4291519.80   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CREST CLARENDON STR 02 1 LTD                                                      | CREST CLARENDON STR 02 1 LTD 3ML+47 12/28/2035 144A                                                  | CUSIP: 226063204<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $0.05         | 0.00%             | 2035-12-28      | Variable      | 0.06%                 | No            |                  3 | On Loan: No      |
| HEMLO MINING CORP                                                                 | HEMLO MINING CORP                                                                                    | CUSIP: 42366G104<br>LEI: 529900LAXG9T9UEN3T86 | Long             | EC               | CORP              | CA        |     38500 | NS      | $179616.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                            | DIAMONDBACK ENERGY INC                                                                               | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      5800 | NS      | $1147182.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP NEW                                                              | DUKE ENERGY CORP NEW                                                                                 | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       281 | NS      | $36794.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                                                           | E.ON SE                                                                                              | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |       871 | NS      | $19076.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                     | ECHOSTAR CORP CL A                                                                                   | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |       246 | NS      | $28799.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORP NEW                                                                  | ENTERGY CORP                                                                                         | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |       266 | NS      | $29887.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL SPA                                                                          | ENEL (ENTE NAZ ENERG ELET) SPA                                                                       | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |      1050 | NS      | $11479.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                       | EXELON CORP                                                                                          | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |       586 | NS      | $28725.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                                                                  | EXXON MOBIL CORP                                                                                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     44430 | NS      | $7537993.80   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Central Investment Portfolios LLC                                        | Fidelity Real Estate Equity Central Fund                                                             | CUSIP: 31606V674<br>LEI: S2V1M15I679NQK6BNY65 | Long             | EC               | RF                | US        |    372282 | NS      | $52510350.99  | 9.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Central Investment Portfolios LLC                                        | Fidelity Floating Rate Central Fund                                                                  | CUSIP: 31606V708<br>LEI: S2V1M15I679NQK6BNY65 | Long             | EC               | RF                | US        |   1434113 | NS      | $134777956.00 | 24.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Oxford Street Trust II                                                   | Fidelity Commodity Strategy Central Fund                                                             | CUSIP: 316167303<br>LEI: 549300OEP6Z1TBUGHH59 | Long             | EC               | RF                | US        |    730615 | NS      | $82369491.55  | 15.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                                                      | Fidelity Cash Central Fund                                                                           | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   5929142 | NS      | $5930327.56   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                        | FIRST QUANTUM MINERALS LTD                                                                           | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |     26145 | NS      | $625104.38    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL GRID PLC                                                                 | NATIONAL GRID PLC                                                                                    | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |      2432 | NS      | $41052.39     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FRANCO NEVADA CORP                                                                | FRANCO-NEVADA CORP                                                                                   | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |      4710 | NS      | $1166242.18   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GS MTG SECS TR 2011-GC5                                                           | GSMS 2011-GC5 E CSTR 8/44                                                                            | CUSIP: 36191YAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     63000 | PA      | $21167.81     | 0.00%             | 2044-08-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GS MTG SECS TR 2011-GC5                                                           | GS MTG SECS TR 2011-GC5 4.5% 08/10/2044 144A                                                         | CUSIP: 36191YAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42000 | PA      | $126.00       | 0.00%             | 2044-08-10      | Fixed         | 0.04%                 | No            |                  3 | On Loan: No      |
| GLENCORE PLC                                                                      | GLENCORE PLC                                                                                         | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |    232000 | NS      | $1757138.79   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| COAL INDIA LTD                                                                    | COAL INDIA LTD                                                                                       | CUSIP: N/A<br>LEI: 335800NLJQZNHM9LBB31       | Long             | EC               | CORP              | IN        |     80100 | NS      | $388714.82    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIO SA                                                                           | PRIO SA                                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     96800 | NS      | $1237319.23   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO AEROPORTUARIO DEL CENTRO NORTE SAB DE CV                                    | GRUPO AERO CENT NORTE SPON ADS                                                                       | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |       171 | NS      | $19618.83     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV                                        | GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV ADR                                                       | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |        89 | NS      | $21971.43     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO AEROPORTUARIO DEL SUREST E SAB DE CV                                        | GRUPO AEROPORT SPON ADR B SHS                                                                        | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |        31 | NS      | $10420.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDBAY MINERALS INC                                                               | Hudbay Minerals Inc                                                                                  | CUSIP: 443628102<br>LEI: 549300WI524AL577IX21 | Long             | EC               | CORP              | CA        |      9100 | NS      | $190556.39    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                                                                  | IMPERIAL OIL LTD                                                                                     | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |     17300 | NS      | $2266000.29   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| IBERDROLA SA                                                                      | IBERDROLA SA                                                                                         | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |      1124 | NS      | $25733.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL PAPER CO                                                            | INTERNATIONAL PAPER CO                                                                               | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     11320 | NS      | $404124.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE COML MTG SECS TR 2012-CIBX                                        | JPMCC 2012-CBX G 4.0% 6/45 144A                                                                      | CUSIP: 46637WAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    151000 | PA      | $102541.46    | 0.02%             | 2045-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC DEL                                                             | KINDER MORGAN INC                                                                                    | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     21700 | NS      | $727601.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MAJOR DRILLING GROUP INTL INC                                                     | MAJOR DRILLING GROUP INTL INC                                                                        | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |     14800 | NS      | $170437.78    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTEC INC                                                                        | MASTEC INC                                                                                           | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |        65 | NS      | $20913.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WARTSILA OYJ                                                                      | WARTSILA                                                                                             | CUSIP: N/A<br>LEI: 743700G7A9J1PHM3X223       | Long             | EC               | CORP              | FI        |       179 | NS      | $6667.39      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAP I TR 2011-C2                                                   | MSC 2011-C2 XB CSTR 6/44 144A                                                                        | CUSIP: 617459AF9<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   4902529 | PA      | $18422.23     | 0.00%             | 2044-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAP I TR 2011-C2                                                   | MSC 2011-C2 D CSTR 6/44                                                                              | CUSIP: 617459AJ1<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |     92363 | PA      | $91456.85     | 0.02%             | 2044-06-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAP I TR 2011-C3                                                   | MSC 2011-C3 G CSTR 07/49                                                                             | CUSIP: 61760RAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112000 | PA      | $109099.20    | 0.02%             | 2049-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                                                   | MURPHY OIL CORP                                                                                      | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     18800 | NS      | $775500.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                                                                    | NRG ENERGY INC                                                                                       | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |       597 | NS      | $87245.58     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIGATOR HOLDINGS LTD                                                            | NAVIGATOR HOLDINGS LTD                                                                               | CUSIP: N/A<br>LEI: 213800H7RVOFYARK2W19       | Long             | EC               | CORP              | MH        |     35791 | NS      | $691840.03    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                                                                | NEXTERA ENERGY INC                                                                                   | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       797 | NS      | $74025.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC                                                                      | NISOURCE INC                                                                                         | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |       199 | NS      | $9285.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                             | NORFOLK SOUTHERN CORP                                                                                | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |        43 | NS      | $12341.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NORSK HYDRO ASA                                                                   | NORSK HYDRO AS ORD                                                                                   | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |     63400 | NS      | $675742.32    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                        | NUCOR CORP                                                                                           | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      7100 | NS      | $1200610.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                                                       | NVIDIA CORP                                                                                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       466 | NS      | $81270.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORP                                                         | OCCIDENTAL PETROLEUM CORP                                                                            | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      8600 | NS      | $559000.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                    | OMEGA HEALTHCARE INVESTORS INC 4.5% 04/01/2027                                                       | CUSIP: 681936BF6<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     83000 | PA      | $82889.39     | 0.02%             | 2027-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                     | PG and E CORP                                                                                        | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |      1447 | NS      | $25423.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MMG LTD                                                                           | MMG LTD                                                                                              | CUSIP: N/A<br>LEI: 529900XB5IQXFMSWEC48       | Long             | EC               | CORP              | HK        |   1152000 | NS      | $1091462.99   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| PRAIRIESKY ROYALTY LTD                                                            | PRAIRIESKY ROYALTY LTD                                                                               | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |      4300 | NS      | $99532.74     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTION INC                                                              | WASTE CONNECTIONS INC                                                                                | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |       106 | NS      | $17218.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PROVIDENCE PLACE GROUP LTD PARTNERSHIP                                            | PPGLP 2000-C1 A2 7.75% 7/28                                                                          | CUSIP: 743784AB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     89407 | PA      | $90828.22     | 0.02%             | 2028-07-20      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| QUANTA SVCS INC                                                                   | QUANTA SVCS INC                                                                                      | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |        16 | NS      | $8784.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SSE PLC                                                                           | SSE PLC                                                                                              | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |       892 | NS      | $30835.19     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SEMPRA                                                                            | SEMPRA                                                                                               | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |       416 | NS      | $40422.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP                                                      | WHEATON PRECIOUS METALS CORP                                                                         | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |      9710 | NS      | $1274564.01   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS INC                                                                | STEEL DYNAMICS INC                                                                                   | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      5400 | NS      | $972000.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SUBSEA 7 SA                                                                       | SUBSEA 7 SA                                                                                          | CUSIP: N/A<br>LEI: 222100AIF0CBCY80AH62       | Long             | EC               | CORP              | LU        |     21300 | NS      | $659847.14    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD                                                   | TAIWAN SEMIC MFG CO LTD SP ADR                                                                       | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       149 | NS      | $50354.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RES CORP                                                                    | TARGA RESOURCES CORP                                                                                 | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |        62 | NS      | $15545.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TIMES SQUARE HOTEL TR                                                             | TIMES SQUARE HOTEL TR 8.528% 08/01/2026 144A                                                         | CUSIP: 887367AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30167 | PA      | $30193.08     | 0.01%             | 2026-08-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                                | UNION PACIFIC CORP                                                                                   | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |        41 | NS      | $9947.42      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 3.625 4/15/28                                                                               | CUSIP: 912810FD5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    890000 | PA      | $1882314.12   | 0.35%             | 2028-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 3.875% 4/15/29                                                                              | CUSIP: 912810FH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    790000 | PA      | $1686445.64   | 0.31%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 3.375% 4/15/32                                                                              | CUSIP: 912810FQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    470000 | PA      | $950486.96    | 0.18%             | 2032-04-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 2.5% 1/15/29                                                                                | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    259000 | PA      | $407077.65    | 0.08%             | 2029-01-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 2.125% 2/15/40                                                                              | CUSIP: 912810QF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    504000 | PA      | $742935.18    | 0.14%             | 2040-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 2.125% 2/15/41                                                                              | CUSIP: 912810QP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    755000 | PA      | $1085979.13   | 0.20%             | 2041-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 0.75% 2/15/42                                                                               | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    387000 | PA      | $429579.35    | 0.08%             | 2042-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 0.625% 02/15/2043                                                                           | CUSIP: 912810RA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1357000 | PA      | $1415691.77   | 0.26%             | 2043-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 1.375% 02/15/2044                                                                           | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2290000 | PA      | $2642983.53   | 0.49%             | 2044-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 0.75% 02/15/2045                                                                            | CUSIP: 912810RL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1980000 | PA      | $1966709.23   | 0.36%             | 2045-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| UPM KYMMENE CORP                                                                  | UPM KYMMENE CORP                                                                                     | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |     62180 | NS      | $1946219.43   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| VALE SA                                                                           | VALE S.A.                                                                                            | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |    147700 | NS      | $2351862.70   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST                                                              | VORNADO RLTY SR L 5.4% PFD PRP                                                                       | CUSIP: 929042844<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1496 | NS      | $24265.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WFRBS COML MTG TR 2013-C11                                                        | WFRBS 2013-C11 E VAR 3/45                                                                            | CUSIP: 92937EAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $156193.40    | 0.03%             | 2045-03-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                                                     | WELLTOWER INC                                                                                        | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |       154 | NS      | $30447.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST FRASER TIMBER CO                                                             | WEST FRASER TIMBER LTD                                                                               | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     10460 | NS      | $683197.18    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS COS INC                                                                  | WILLIAMS COMPANIES INC                                                                               | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       351 | NS      | $25545.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WOODSIDE ENERGY GROUP LTD                                                         | WOODSIDE ENERGY GROUP LTD                                                                            | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |     27107 | NS      | $643453.32    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                                                            | YARA INTERNATIONAL ASA                                                                               | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |      3300 | NS      | $192899.60    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 1% 2/15/46                                                                                  | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    313000 | PA      | $318982.59    | 0.06%             | 2046-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| BRAEMAR HOTELS and RESORTS INC                                                    | BRAEMAR HOTELS and RESORTS INC 5.5% PERP PFD                                                         | CUSIP: 10482B200<br>LEI: 549300JDUUEBN868C776 | Long             | EP               | CORP              | US        |      2700 | NS      | $39258.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HILTON USA TR 2016-HHV                                                            | HILT 2016-HHV F CSTR 11/38 144A                                                                      | CUSIP: 43300LAQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    163000 | PA      | $160461.93    | 0.03%             | 2038-11-05      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                       | VISTRA CORP                                                                                          | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |       387 | NS      | $58177.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC                                                           | DIGITALBRIDGE GROUP INC SER H 7.125% PERP PFD                                                        | CUSIP: 25401T504<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |      1906 | NS      | $31906.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMBB COML MTG SECS TR 2014-C23                                                   | JPMBB 2014-C23 UH5 4.7094% 09/15/2047 144A                                                           | CUSIP: 46643AAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51770 | PA      | $50489.32     | 0.01%             | 2047-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 0.875% 2/15/47                                                                              | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    513000 | PA      | $490727.73    | 0.09%             | 2047-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORP                                                           | CHIMERA INVESTMENT CORP SER B 8%/VAR PREF PERP                                                       | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     10787 | NS      | $236558.91    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MORTGAGE INVESTMENT TRUST                                                | PENNYMAC MTG INVT TR 8.125/VAR PREF PERP                                                             | CUSIP: 70931T301<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |      2000 | NS      | $45380.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INVESTMENT COR                                                        | TWO HARBORS INVT CORP 8.125% SER A PERP PFD                                                          | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |      3571 | NS      | $88525.09     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP                                                                | REALTY INCOME CORP 4.65% 03/15/2047                                                                  | CUSIP: 756109AT1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172120.74    | 0.03%             | 2047-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR                                            | CD 2017-CD4 D 3.3% 05/10/2050 144A                                                                   | CUSIP: 12515DAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     56000 | PA      | $44079.31     | 0.01%             | 2050-05-10      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WP GLIMCHER MALL TR 15-WPG                                                        | JPMDB 2015-WPG PR1 CSTAR 6/5/35 144A                                                                 | CUSIP: 92939VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $70000.00     | 0.01%             | 2035-06-05      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE 5.15% SER F PFD PERP                                                                  | CUSIP: 74460W685<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3200 | NS      | $62784.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC                                                           | DIGITALBRIDGE GROUP INC 7.15% SER I PERP PFD                                                         | CUSIP: 25401T405<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |      1749 | NS      | $28421.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR                                            | COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR CSTR 05/10/2050                                               | CUSIP: 12515DAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232000 | PA      | $213814.73    | 0.04%             | 2050-05-10      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                                                              | TRI POINTE HOMES INC 5.25% 06/01/2027                                                                | CUSIP: 87265HAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99745.00     | 0.02%             | 2027-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NATIONAL ENERGY SERVICES REUNITED CORP                                            | NATIONAL ENERGY SERVICES REUNITED CORP                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | VG        |      5200 | NS      | $111644.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2017-H1                                            | MORGAN STANLEY CAPITAL I TRUST 2017-H1 4.281% 06/15/2050                                             | CUSIP: 61691JBA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    231000 | PA      | $218894.58    | 0.04%             | 2050-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNYMAC MORTGAGE INVESTMENT TRUST                                                | PENNYMAC MTG INVT TR 8%/VAR SER B PREF PERP                                                          | CUSIP: 70931T400<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |      4200 | NS      | $92232.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                             | AMERICAN HOMES 4 RENT 5.875% SER G PFD PERP                                                          | CUSIP: 02665T876<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EP               | CORP              | US        |      5200 | NS      | $117000.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INVESTMENT COR                                                        | TWO HARBORS INV CORP 7.625% SER B PFD PERP                                                           | CUSIP: 90187B309<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |      2699 | NS      | $67340.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.375% 07/15/2027                                                                           | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2599000 | PA      | $3455235.59   | 0.64%             | 2027-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT INC                                                     | ANNALY CAPITAL MANAGEMENT INC 6.95%/VAR PERP PFD                                                     | CUSIP: 035710870<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |      8800 | NS      | $220616.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE SER G 5.05% PFD PERP                                                                  | CUSIP: 74460W669<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      6000 | NS      | $116100.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORP                                                                 | KIMCO REALTY CORP 5.125% PERP PFD                                                                    | CUSIP: 49446R737<br>LEI: 254900ARY41P4V1JL861 | Long             | EP               | CORP              | US        |     11600 | NS      | $224692.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP                                                              | AGNC INVESTMENT CORP 7/VAR PFD PERP                                                                  | CUSIP: 00123Q500<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     14200 | NS      | $356988.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TR                                                                    | RLJ LODGING TR SER A PC 1.95% PERP                                                                   | CUSIP: 74965L200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       400 | NS      | $9720.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE INC                                                              | GLOBAL NET LEASE INC SER A 7.25% PFD PERP                                                            | CUSIP: 379378300<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |      9300 | NS      | $201717.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST INC                                                          | DIGITAL RLTY TR INC 5.25% PFD PERP                                                                   | CUSIP: 253868855<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |      5800 | NS      | $117392.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIRON REAL ESTATE INC                                                            | CHIRON REAL ESTATE INC SER A 7.5% PFD PERP                                                           | CUSIP: 37957W203<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EP               | CORP              | US        |      2100 | NS      | $51450.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC                                                           | DIGITALBRIDGE GROUP INC 7.125% SER J PFD PERP                                                        | CUSIP: 25401T306<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |      2561 | NS      | $42205.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE AFFILIATES TRUST                                                 | NATIONAL STORAGE AFFILIATES SER A 6% PFD PERP                                                        | CUSIP: 637870205<br>LEI: 529900FS06O8GOYNR108 | Long             | EP               | CORP              | US        |       200 | NS      | $4530.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES INC                                                       | SUMMIT HOTEL PPTYS INC SERIES E 6.25% PFD PERP                                                       | CUSIP: 866082605<br>LEI: 254900OBQWJK6X20LS71 | Long             | EP               | CORP              | US        |      6800 | NS      | $117980.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDL RLTY INC                                                             | REXFORD INDL RLTY INC SER B 5.875% PERP PFD                                                          | CUSIP: 76169C308<br>LEI: 549300MSLO0DF0EMX355 | Long             | EP               | CORP              | US        |      1200 | NS      | $25938.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES INC                                                        | CORE NATURAL RESOURCES INC                                                                           | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      2000 | NS      | $209460.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST                                                              | VORNADO REALTY TRUST SER M 5.25% PFD PERP                                                            | CUSIP: 929042828<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      2263 | NS      | $36660.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMCO REALTY CORP                                                                 | KIMCO REALTY CORP SER M 5.25% PFD PERP                                                               | CUSIP: 49446R711<br>LEI: 254900ARY41P4V1JL861 | Long             | EP               | CORP              | US        |     17015 | NS      | $340810.45    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NUTRIEN LTD                                                                       | NUTRIEN LTD                                                                                          | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     54110 | NS      | $4084602.90   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT INC                                                     | ANNALY CAPITAL MANAGEMENT INC 6.5%/VAR PFD PERP                                                      | CUSIP: 035710862<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |     23000 | NS      | $561200.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC                                                                  | CROWN CASTLE INC 3.8% 02/15/2028                                                                     | CUSIP: 22822VAK7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98569.13     | 0.02%             | 2028-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.5% 01/15/2028                                                                             | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3707000 | PA      | $4850888.44   | 0.90%             | 2028-01-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| SAUL CENTERS INC                                                                  | SAUL CENTERS INC 6.125% SER D PFD PERP                                                               | CUSIP: 804395804<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1300 | NS      | $26780.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH PPTYS INC                                                                     | UMH PPTYS INC 6.75% SER D PFD PERP                                                                   | CUSIP: 903002509<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EP               | CORP              | US        |      3900 | NS      | $81315.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 1% 02/15/2048                                                                               | CUSIP: 912810SB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    939000 | PA      | $890403.90    | 0.16%             | 2048-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                                | ESSEX PORTFOLIO LP 4.5% 03/15/2048                                                                   | CUSIP: 29717PAS6<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32683.97     | 0.01%             | 2048-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                      | BROADCOM INC                                                                                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |        70 | NS      | $21665.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                                                                    | EPR PPTYS 4.95% 04/15/2028                                                                           | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249665.70    | 0.05%             | 2028-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COML MTG TR 2018-C44                                                  | WELLS FARGO COML MTG TR 2018-C44 3% 05/15/2051 144A                                                  | CUSIP: 95001JAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    255000 | PA      | $188311.33    | 0.03%             | 2051-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                        | EVERGY INC                                                                                           | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |       196 | NS      | $16056.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOM ENERGY CORP                                                                 | BLOOM ENERGY CORP CL A                                                                               | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |        28 | NS      | $3793.72      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.75% 07/15/28                                                                              | CUSIP: 912828Y38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2986000 | PA      | $3858396.31   | 0.71%             | 2028-07-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                             | AMERICAN HOMES 4 RENT SER H 6.25% PERP PFD                                                           | CUSIP: 02665T868<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EP               | CORP              | US        |       481 | NS      | $11404.51     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP                                                           | CHIMERA INVESTMENT CORP SER C 7.75/VAR PERP PFD                                                      | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |      7100 | NS      | $140757.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GLP CAP LP / GLP FING II INC                                                      | GLP CAP LP / GLP FING II INC 5.3% 01/15/2029                                                         | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008673.00   | 0.19%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST                                                           | PEBBLEBROOK HOTEL TR SER F 6.3% PERP PFD                                                             | CUSIP: 70509V704<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |     10273 | NS      | $199296.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST                                                           | PEBBLEBROOK HOTEL TR SER E 6.375% PERP PFD                                                           | CUSIP: 70509V605<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |      8700 | NS      | $168954.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.875% 01/15/2029                                                                           | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1413000 | PA      | $1807000.49   | 0.33%             | 2029-01-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORP                                                           | CHIMERA INVESTMENT CORP 8%/VAR PERP PFD                                                              | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |      5000 | NS      | $111600.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 1% 02/15/2049                                                                               | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1330000 | PA      | $1218124.79   | 0.23%             | 2049-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CORTEVA INC                                                                       | CORTEVA INC                                                                                          | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     80920 | NS      | $6773813.20   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AH REALTY TRUST INC                                                               | AH REALTY TRUST INC SER A 6.75% PFD PERP                                                             | CUSIP: 04208T207<br>LEI: 549300WQRSIV6XZT9313 | Long             | EP               | CORP              | US        |      6000 | NS      | $131160.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT INC                                                     | ANNALY CAPITAL MANAGEMENT INC SER I 6.75/VAR PFD PERP                                                | CUSIP: 035710847<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |      8600 | NS      | $213194.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP                                                                | RITHM CAPITAL CORP                                                                                   | CUSIP: 64828T300<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      9958 | NS      | $246540.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.25% 07/15/2029                                                                            | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2513000 | PA      | $3108322.70   | 0.57%             | 2029-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CSAIL 2019-C16 COML MTG TR                                                        | CSAIL 2019-C16 COML MTG TR C CSTR 06/15/2052                                                         | CUSIP: 12596WAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $708550.35    | 0.13%             | 2052-06-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                            | MPT OPER PARTNERSHIP LP/CORP 4.625% 08/01/2029                                                       | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    915000 | PA      | $711439.78    | 0.13%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                                                | RITHM CAPITAL CORP SER B 7.125%/VAR PFD PERP                                                         | CUSIP: 64828T409<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      6200 | NS      | $150319.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO COML MTG TR 2019-C52                                                  | WELLS FARGO COML MTG TR 2019-C52 3.561% 08/15/2052                                                   | CUSIP: 95002MBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $85074.36     | 0.02%             | 2052-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COML MTG TR 2019-C52                                                  | WELLS FARGO COML MTG TR 2019-C52 3.375% 08/15/2052                                                   | CUSIP: 95002MBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    785000 | PA      | $716214.69    | 0.13%             | 2052-08-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                           | SIMON PROPERTY GROUP LP 3.25% 09/13/2049                                                             | CUSIP: 828807DH7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33504.31     | 0.01%             | 2049-09-13      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| REXFORD INDL RLTY INC                                                             | REXFORD INDL RLTY INC SER C 5.625% PERP PFD                                                          | CUSIP: 76169C407<br>LEI: 549300MSLO0DF0EMX355 | Long             | EP               | CORP              | US        |      4400 | NS      | $90200.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GLADSTONE COMMERCIAL CORP                                                         | GLADSTONE COMMERCIAL CORP SER E 6.625% PFD 12/31/2049                                                | CUSIP: 376536702<br>LEI: 529900EVVV534W8R0T32 | Long             | EP               | CORP              | US        |      3600 | NS      | $79956.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP                                                              | AGNC INVESTMENT CORP SER E 6.5%/VAR PFD PERP                                                         | CUSIP: 00123Q807<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     17400 | NS      | $434304.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                                                               | AMERICAN TOWER CORP 3.7% 10/15/2049                                                                  | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    500000 | PA      | $358924.82    | 0.07%             | 2049-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST INC                                                          | DIGITAL RLTY TR INC SER L 5.2% PERP PFD                                                              | CUSIP: 253868822<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     13670 | NS      | $265061.30    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE 4.7% SER J PFD PERP                                                                   | CUSIP: 74460W594<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |       496 | NS      | $8898.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                             | GFL ENVIRONMENTAL INC                                                                                | CUSIP: 36168Q104<br>LEI: 5493008HF9XC5H29ZX61 | Long             | EC               | CORP              | CA        |       227 | NS      | $9470.44      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES LP / VICI NOTE CO INC                                             | VICI PROPERTIES LP / VICI NOTE CO INC 4.625% 12/01/2029 144A                                         | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $491567.28    | 0.09%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE INC                                                              | GLOBAL NET LEASE INC SER B 6.875% PFD PERP                                                           | CUSIP: 379378409<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |      2200 | NS      | $46728.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BX TR 2019-OC11                                                                   | BX TR 2019-OC11 CSTR 12/09/2041 144A                                                                 | CUSIP: 05606FAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    284000 | PA      | $262453.89    | 0.05%             | 2041-12-09      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTHCARE PROPERTIES INC                                                | HEALTHCARE TRUST INC SER A 7.375% PFD PERP                                                           | CUSIP: 42226B204<br>LEI: 549300Z2NSUGF5NF2Y30 | Long             | EP               | CORP              | US        |      4200 | NS      | $78330.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.125% 01/15/2030                                                                           | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3183000 | PA      | $3852035.31   | 0.71%             | 2030-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ARMOUR RESIDENTIAL REIT INC                                                       | ARMOUR RESDNTL REIT INC SER C 7% PERP PFD                                                            | CUSIP: 042315606<br>LEI: 549300K0WA0EJUX74V72 | Long             | EP               | CORP              | US        |      1000 | NS      | $20300.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OVINTIV INC                                                                       | OVINTIV INC                                                                                          | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     20620 | NS      | $1224003.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP                                                              | AGNC INVESTMENT CORP SER F 6.125%/VAR PFD PERP                                                       | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |      7000 | NS      | $170030.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP                                                                | RITHM CAPITAL CORP SER C 6.375%/VAR PFD PERP                                                         | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |     10300 | NS      | $233810.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNEX CAPITAL INC                                                                 | DYNEX CAP INC 6.9%/VAR PFD PERP C                                                                    | CUSIP: 26817Q878<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EP               | CORP              | US        |     23400 | NS      | $601848.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SG COML MTG SECS TR 2020-COVE                                                     | SG COMMERCIAL MORTGAGE SECURITIES TRUST 2020-COVE F CSTR 03/15/2037 144A                             | CUSIP: 78397FAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $135743.79    | 0.03%             | 2037-03-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAP I TR 2020-L4                                                   | Morgan Stanley Capital I Trust 3.536% 02/15/2053                                                     | CUSIP: 61770KBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    542000 | PA      | $482716.74    | 0.09%             | 2053-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2020-VIVA                                            | BX COMMERCIAL MORTGAGE TRUST 2020-VIVA E 3.54875% 03/09/2044 144A                                    | CUSIP: 12433XAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    789000 | PA      | $711657.96    | 0.13%             | 2044-03-11      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                   | WEYERHAEUSER CO 4% 04/15/2030                                                                        | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243319.39    | 0.05%             | 2030-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VENTAS RLTY LTD PARTNERSHIP                                                       | VENTAS RLTY LTD PARTNERSHIP 4.75% 11/15/2030                                                         | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250435.62    | 0.05%             | 2030-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2020-IG2 MTG TR                                                         | BENCHMARK 2020-IG2 D MT VAR 09/15/2048 144A                                                          | CUSIP: 08162NAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    417000 | PA      | $151786.71    | 0.03%             | 2048-09-15      | Variable      | 0.03%                 | No            |                  3 | On Loan: No      |
| CUSHMAN and WAKEFIELD US BORROWER LLC                                             | CUSHMAN and WAKEFIELD US BORROWER LLC 6.75% 05/15/2028 144A                                          | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    285000 | PA      | $284972.07    | 0.05%             | 2028-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                  | CROWN CASTLE INC 2.25% 01/15/2031                                                                    | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1103955.39   | 0.20%             | 2031-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                       | EQUINIX INC 3% 07/15/2050                                                                            | CUSIP: 29444UBJ4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |     50000 | PA      | $31114.55     | 0.01%             | 2050-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PARTNERSHIP LP                                                  | BRIXMOR OPERATING PARTNERSHIP LP 4.05% 07/01/2030                                                    | CUSIP: 11120VAJ2<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |    350000 | PA      | $340532.39    | 0.06%             | 2030-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE SER L 4.625% PFD PERP                                                                 | CUSIP: 74460W552<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      1965 | NS      | $34446.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GLP CAP LP / GLP FING II INC                                                      | GLP CAP LP / GLP FING II INC 4% 01/15/2031                                                           | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $472790.15    | 0.09%             | 2031-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COSTAR GROUP INC                                                                  | COSTAR GROUP INC 2.8% 07/15/2030 144A                                                                | CUSIP: 22160NAA7<br>LEI: 984500Q1D53D08E2E698 | Long             | DBT              | CORP              | US        |    215000 | PA      | $194422.16    | 0.04%             | 2030-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BBCMS MTG TR 2020-C7                                                              | BBCMS MTG TR 2020-C7 CSTR 04/15/2053                                                                 | CUSIP: 05492VAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $426417.85    | 0.08%             | 2053-04-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                                   | TAYLOR MORRISON COMMUNITIES INC 5.125% 08/01/2030 144A                                               | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49428.07     | 0.01%             | 2030-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.125% 07/15/2030                                                                           | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2832000 | PA      | $3420463.19   | 0.63%             | 2030-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE SER M 4.125% PFD PERP                                                                 | CUSIP: 74460W537<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      1000 | NS      | $15650.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS ENERGY AG                                                                 | SIEMENS ENERGY AG                                                                                    | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |        45 | NS      | $7760.23      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                    | OMEGA HEALTHCARE INVESTORS INC 3.375% 02/01/2031                                                     | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $462112.02    | 0.09%             | 2031-02-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                  | HILTON DOMESTIC OPERATING CO INC 4% 05/01/2031 144A                                                  | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    350000 | PA      | $328178.73    | 0.06%             | 2031-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY TRUST                                                              | VORNADO REALTY TRUST SER N 5.25% PERP PFD                                                            | CUSIP: 929042810<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1959 | NS      | $31853.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK 2020-BNK30                                                                   | BANK 2020-BN30 MCDG CSTR 12/53                                                                       | CUSIP: 06541UBJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    264000 | PA      | $158817.62    | 0.03%             | 2053-12-15      | Variable      | 0.03%                 | No            |                  3 | On Loan: No      |
| TR 2013-LC12 WELLS FARGO COML MTG TR 2013-LC12                                    | WELLS FARGO TR 2013-LC12 3.162% 07/15/2053                                                           | CUSIP: 95002UAZ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $814579.70    | 0.15%             | 2053-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.125% 01/15/2031                                                                           | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2930000 | PA      | $3442527.72   | 0.64%             | 2031-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                        | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 6.5% 02/15/2029 144A                      | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $228241.06    | 0.04%             | 2029-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                  | CROWN CASTLE INC 2.9% 04/01/2041                                                                     | CUSIP: 22822VAX9<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    240000 | PA      | $169593.22    | 0.03%             | 2041-04-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 0.125% 02/15/2051                                                                           | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1244000 | PA      | $827476.82    | 0.15%             | 2051-02-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HILTON USA TR 2016-HHV                                                            | HILTON USA TR 2016-HHV VAR 11/05/2038 144A                                                           | CUSIP: 43300LAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $892996.20    | 0.17%             | 2038-11-05      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MHC COML MTG TR 2021-MHC                                                          | MHC 2021 MHC G TSFR1M+331.544 9 04/15/2026 144A                                                      | CUSIP: 55316VAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $159900.00    | 0.03%             | 2038-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST                                                           | PEBBLEBROOK HOTEL TRUST 6.375% PERP PFD                                                              | CUSIP: 70509V803<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |     17200 | NS      | $334024.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVS INC NEW                                                       | SUNSTONE HOTEL INVS INC SER H 6.125% PFD PERP                                                        | CUSIP: 867892804<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EP               | CORP              | US        |      3500 | NS      | $67865.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC                                                            | ARBOR REALTY TRUST INC SER D 6.375% PERP PFD                                                         | CUSIP: 038923876<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |      1500 | NS      | $25260.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2021-L5                                            | MORGAN STANLEY CAPITAL I TRUST 2021-L5 C 3.156% 05/15/2054                                           | CUSIP: 61691YBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    513000 | PA      | $440667.21    | 0.08%             | 2054-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE 4% PERP PFD                                                                           | CUSIP: 74460W461<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3645 | NS      | $55513.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON GRAND VACATIONS BORROWER LLC / HILTON GRAND VACATIONS BORROWER INC         | HILTON GRAND VACATIONS BORROWER LLC / HILTON GRAND VACATIONS BORROWER INC 4.875% 07/01/2031 144A     | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $356430.19    | 0.07%             | 2031-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                     | LGI HOMES INC 4% 07/15/2029 144A                                                                     | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    170000 | PA      | $151416.03    | 0.03%             | 2029-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                  | CROWN CASTLE INC 2.5% 07/15/2031                                                                     | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    500000 | PA      | $440471.49    | 0.08%             | 2031-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SUN CMNTYS OPER LTD PRTNRSHP                                                      | SUN CMNTYS OPER LTD PRTNRSHP 2.7% 07/15/2031                                                         | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $894483.22    | 0.17%             | 2031-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GLADSTONE COMMERCIAL CORP                                                         | GLADSTONE COMMERCIAL CORP SER G 6% PFD PERP                                                          | CUSIP: 376536884<br>LEI: 529900EVVV534W8R0T32 | Long             | EP               | CORP              | US        |     18200 | NS      | $353990.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE COM MTG TR 2021                                                     | CREDIT SUISSE COM MTG TR 2021-SOP2 F STEP 06/15/2034 144A                                            | CUSIP: 12657VAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80000 | PA      | $33354.43     | 0.01%             | 2034-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL TRUST 2021-SFR6                                              | PROGRESS RESIDENTIAL TRUST 2021-SFR6 3.422% 07/17/2038 144A                                          | CUSIP: 74333HAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99361.94     | 0.02%             | 2038-07-17      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CTO REALTY GROWTH INC                                                             | CTO REALTY GROWTH INC 6.375% PFD PERP                                                                | CUSIP: 22948Q200<br>LEI: 254900ZQ99OFO1WXS678 | Long             | EP               | CORP              | US        |      1000 | NS      | $19955.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE ISSUER LLC / DIGITALBRIDGE CO-ISSUER LLC                            | DIGITALBRIDGE ISSUER LLC / DIGITALBRIDGE CO-ISSUER LLC 3.933% 09/25/2051 144A                        | CUSIP: 25402JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     85000 | PA      | $84328.50     | 0.02%             | 2051-09-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                          | AMERICAN HOMES 4 RENT LP 2.375% 07/15/2031                                                           | CUSIP: 02666TAC1<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    750000 | PA      | $659974.19    | 0.12%             | 2031-07-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| PKHL COML MTG TR 2021-MF                                                          | PKHL COML MTG TR 2021-MF G TSFR1M+446.448 07/15/2038 144A                                            | CUSIP: 69356GAS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $18762.99     | 0.00%             | 2038-07-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PKHL COML MTG TR 2021-MF                                                          | PKHL COMML MTG 2021-MF E TSFR1M+271.448 07/15/2038 144A                                              | CUSIP: 69356GAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $34532.51     | 0.01%             | 2038-07-15      | Variable      | 0.06%                 | No            |                  3 | On Loan: No      |
| HOME PARTNERS AMER 2021-1 TR                                                      | HOME PARTNERS AMER 2021-1 TR 3.325% 09/17/2041 144A                                                  | CUSIP: 437300AL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     81056 | PA      | $73218.38     | 0.01%             | 2041-09-17      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MHP COML MTG TR 2021-STOR                                                         | MERIT 2021-STOR G TSFR1M+286.448 07/15/2038 144A                                                     | CUSIP: 55293BAP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105000 | PA      | $104934.38    | 0.02%             | 2038-07-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SUNSTONE HOTEL INVS INC NEW                                                       | SUNSTONE HOTEL INVS INC SER I 5.7% PERP PFD                                                          | CUSIP: 867892887<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EP               | CORP              | US        |      9600 | NS      | $179712.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.125% 07/15/2031                                                                           | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3726000 | PA      | $4225548.13   | 0.78%             | 2031-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST                                                           | PEBBLEBROOK HOTEL TR SER H 5.7% PERP PFD                                                             | CUSIP: 70509V886<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |     10600 | NS      | $185076.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MHC COML MTG TR 2021-MHC                                                          | MHC COML MTG TR 2021-MHC TSFR1M+271.544 096 04/15/2038 144A                                          | CUSIP: 55316VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80000 | PA      | $79950.00     | 0.01%             | 2038-04-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| KNDR TR 2021-KIND                                                                 | KNDR 2021-KIND F TSFR1M+406.448 08/15/2026 144A                                                      | CUSIP: 482606AS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     99185 | PA      | $97937.88     | 0.02%             | 2038-08-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| BANK 2021-BN35                                                                    | BANK 2021-BN35 2.285% 06/15/2064                                                                     | CUSIP: 06540CBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    134000 | PA      | $118364.49    | 0.02%             | 2064-06-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                         | INVITATION HOMES OPERATING PARTNERSHIP LP 2% 08/15/2031                                              | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    750000 | PA      | $641953.25    | 0.12%             | 2031-08-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES INC                                                       | SUMMIT HOTEL PPTYS INC SER F 5.875% PERP PFD                                                         | CUSIP: 866082704<br>LEI: 254900OBQWJK6X20LS71 | Long             | EP               | CORP              | US        |      4000 | NS      | $68860.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MORTGAGE INVESTMENT TRUST                                                | PENNYMAC MTG INVT TR 6.75% PERP PFD                                                                  | CUSIP: 70931T509<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |      1300 | NS      | $22633.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMA CAPITAL CRE SECURITIZATION 2020-VIII LTD                                    | PRIMA CAPITAL CRE SECURITIZATION 2020-VIII LTD 3% 12/26/2070 144A                                    | CUSIP: 74167UAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    350000 | PA      | $300020.00    | 0.06%             | 2070-12-26      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BAMLL COML MTG SECS TR 2021-JACX                                                  | BAMLL COML MTG SECS TR 2021-JACX E TSFR1M+386.448 09/15/2038 144A                                    | CUSIP: 05493LAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    106000 | PA      | $96902.30     | 0.02%             | 2038-09-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| AGREE REALTY CORP                                                                 | AGREE REALTY CORP 4.375% PERP PFD                                                                    | CUSIP: 008492209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1500 | NS      | $25260.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                            | EXTRA SPACE STORAGE LP 2.35% 03/15/2032                                                              | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $429022.13    | 0.08%             | 2032-03-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                                                | RITHM CAPITAL CORP SER D 7%/VAR PFD PERP                                                             | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |      2700 | NS      | $65745.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE LP                                                              | SABRA HEALTH CARE LP 3.2% 12/01/2031                                                                 | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |    335000 | PA      | $302486.66    | 0.06%             | 2031-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC                       | UNITI GRP/UNITI HLD/CSL 6% 01/15/2030 144A                                                           | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $98760.54     | 0.02%             | 2030-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTHCARE PROPERTIES INC                                                | HEALTHCARE TRUST INC 7.125% PERP PFD                                                                 | CUSIP: 42226B303<br>LEI: 549300Z2NSUGF5NF2Y30 | Long             | EP               | CORP              | US        |      2000 | NS      | $37240.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC                                                            | ARBOR REALTY TRUST INC SER F 6.25%/VAR PFD PERP                                                      | CUSIP: 038923850<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     13000 | NS      | $282750.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                                                                    | EPR PPTYS 3.6% 11/15/2031                                                                            | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226907.00    | 0.04%             | 2031-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-PAC                                             | BX COMMERCIAL MORTGAGE TRUST 2021-PAC G TSFR1M+306.058 21 10/15/2036 144A                            | CUSIP: 05609PAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198000 | PA      | $196267.50    | 0.04%             | 2036-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS AMER 2021-2 TR                                                      | HOME PARTNERS AMER 2021-2 TR 4.505% 12/17/2026 144A                                                  | CUSIP: 43732VAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    181316 | PA      | $178942.74    | 0.03%             | 2026-12-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES INC                                                     | HUDSON PACIFIC PROPERTIES INC 4.75% PFD PERP C                                                       | CUSIP: 444097307<br>LEI: 529900EURZA5HRSXQ389 | Long             | EP               | CORP              | US        |     18100 | NS      | $239825.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I HOMES INC                                                                     | M/I HOMES INC 3.95% 02/15/2030                                                                       | CUSIP: 55305BAV3<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281347.98    | 0.05%             | 2030-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STWD TR 2021-LIH                                                                  | STWD TR 2021-LIH TSFR1M+424.7 11/15/2036 144A                                                        | CUSIP: 78486EAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42000 | PA      | $41947.50     | 0.01%             | 2036-11-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| STWD TR 2021-LIH                                                                  | STWD TR 2021-LIH TSFR1M+359.8 1 11/15/2036 144A                                                      | CUSIP: 78486EAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99875.00     | 0.02%             | 2036-11-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                    | PUBLIC STORAGE 4% PFD PERP                                                                           | CUSIP: 74460W420<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      2815 | NS      | $42844.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SREIT TR 2021-MFP2                                                                | SREIT TR 2021-MFP2 TSFR1M+402.998 55 11/15/2036 144A                                                 | CUSIP: 85236WCU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    128000 | PA      | $127542.57    | 0.02%             | 2036-11-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2021-CIP                                                           | BX COML MTG TR 2021-CIP F TSFR1M+333.348 73 11/15/2036 144A                                          | CUSIP: 12434FAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177832 | PA      | $177664.80    | 0.03%             | 2038-12-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| GLP CAP LP / GLP FING II INC                                                      | GLP CAP LP / GLP FING II INC 3.25% 01/15/2032                                                        | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $222868.12    | 0.04%             | 2032-01-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BANK 2021-BNK38                                                                   | BANK 2021-BNK38 3.21677%/VAR 12/15/2064                                                              | CUSIP: 06540EBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    554000 | PA      | $459839.78    | 0.09%             | 2064-12-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MHP 2022-MHIL F                                                                   | MHP 2022-MHIL F TSFR1M+325.92 01/15/2027 144A                                                        | CUSIP: 55293DAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80000 | PA      | $79950.00     | 0.01%             | 2039-01-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.125% 01/15/2032                                                                           | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2780000 | PA      | $3002589.93   | 0.56%             | 2032-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                           | SBA COMMUNICATIONS CORP 3.125% 02/01/2029                                                            | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    500000 | PA      | $473785.40    | 0.09%             | 2029-02-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY CORP                                                         | CONSTELLATION ENERGY CORP                                                                            | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       208 | NS      | $58084.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BX TR 2022-VAMF                                                                   | BX TR 2022-VAMF TSFR1M+329.9 01/15/2039 144A                                                         | CUSIP: 05609TAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119481 | PA      | $119075.76    | 0.02%             | 2039-01-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BX TR 2022-LBA6                                                                   | BX TR 2022-LBA6 TSFR1M+420 01/15/2039 144A                                                           | CUSIP: 12433EAS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99750.01     | 0.02%             | 2039-01-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| BX TR 2022-LBA6                                                                   | BX TR 2022-LBA6 TSFR1M+335 01/15/2039 144A                                                           | CUSIP: 12433EAQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99500.00     | 0.02%             | 2039-01-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI                                                                    | SMRT 2022-MINI TSFR1M+335 01/15/2039 144A                                                            | CUSIP: 78457JAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135000 | PA      | $131625.00    | 0.02%             | 2039-01-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SHELL PLC                                                                         | SHELL PLC                                                                                            | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     65036 | NS      | $3012145.10   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 0.125% 02/15/2052                                                                           | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1720000 | PA      | $1044424.21   | 0.19%             | 2052-02-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BMO 2022-C1 MORTGAGE TRUST                                                        | BMO 2022-C1 MORTGAGE TRUST CSTR 02/15/2042 144A                                                      | CUSIP: 05609MDC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84000 | PA      | $67088.94     | 0.01%             | 2055-02-17      | Variable      | 0.04%                 | No            |                  3 | On Loan: No      |
| BMO 2022-C1 MORTGAGE TRUST                                                        | BMO 2022-C1 MORTGAGE TRUST 2022-C1 360E CSTR 02/15/2042 144A                                         | CUSIP: 05609MDE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105000 | PA      | $79982.73     | 0.01%             | 2055-02-17      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SREIT TRUST                                                                       | SREIT TRUST TSFR1M+273.268 61820 11/15/2036 144A                                                     | CUSIP: 85236WCQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99937.50     | 0.02%             | 2036-11-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2022-SFR2 TR                                                 | PROGRESS RESIDENTIAL 2022-SFR2 TR 4.8% 04/17/2027 144A                                               | CUSIP: 74332VAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $98311.71     | 0.02%             | 2027-04-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                  | HF SINCLAIR CORP                                                                                     | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |      9500 | NS      | $592705.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TRICON RESIDENTIAL 2022S-FR1 TR                                                   | TRICON RESIDENTIAL 2022S-FR1 TR 5.344% 04/17/2039 144A                                               | CUSIP: 89616QAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    238000 | PA      | $235819.04    | 0.04%             | 2039-04-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2022S-FR1 TR                                                   | TRICON RESIDENTIAL 2022S-FR1 TR 5.739% 04/17/2039 144A                                               | CUSIP: 89616QAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    295000 | PA      | $292608.55    | 0.05%             | 2039-04-17      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BBCMS 2022                                                                        | BBCMS 2022 3.662% 04/15/2055                                                                         | CUSIP: 05552FBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    178000 | PA      | $164089.50    | 0.03%             | 2055-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                         | INVITATION HOMES OPERATING PARTNERSHIP LP 4.15% 04/15/2032                                           | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938705.43    | 0.17%             | 2032-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                               | AMERICAN TOWER CORP 4.05% 03/15/2032                                                                 | CUSIP: 03027XBW9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    750000 | PA      | $718513.27    | 0.13%             | 2032-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                          | AMERICAN HOMES 4 RENT LP 3.625% 04/15/2032                                                           | CUSIP: 02666TAE7<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $923171.35    | 0.17%             | 2032-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                       | EQUINIX INC 3.9% 04/15/2032                                                                          | CUSIP: 29444UBU9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236012.41    | 0.04%             | 2032-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WFCM 2022                                                                         | WFCM 2022-C62 4.35% 04/15/2055 144A                                                                  | CUSIP: 95003MBX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $418131.70    | 0.08%             | 2055-04-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST 2021-4                                        | STARWOOD MORTGAGE RESIDENTIAL TRUST 2021-4 TSFR1M+450 05/17/2024 144A                                | CUSIP: 78474PAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    237555 | PA      | $237975.30    | 0.04%             | 2039-05-17      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| SUN CMNTYS OPER LTD PRTNRSHP                                                      | SUN CMNTYS OPER LTD PRTNRSHP 4.2% 04/15/2032                                                         | CUSIP: 866677AH0<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3808.28      | 0.00%             | 2032-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2022-SFR3 TR                                                 | PROGRESS RESIDENTIAL 2022-SFR3 TR 6.6% 04/17/2039 144A                                               | CUSIP: 74331UAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249994.60    | 0.05%             | 2039-04-17      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.125% 04/15/2027                                                                           | CUSIP: 91282CEJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3540000 | PA      | $4054731.20   | 0.75%             | 2027-04-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                                | VICI PROPERTIES LP 5.125% 05/15/2032                                                                 | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    750000 | PA      | $739094.39    | 0.14%             | 2032-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2022-SFR4 TR                                                 | PROGRESS RESIDENTIAL 2022-SFR4 TR 6.121% 05/17/2041 144A                                             | CUSIP: 74332XAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    221000 | PA      | $220484.98    | 0.04%             | 2041-05-17      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK 2022-BNK41                                                                   | BANK 2022-BNK41 CSTR 04/15/2065                                                                      | CUSIP: 06540MCA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    567000 | PA      | $499536.41    | 0.09%             | 2065-04-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK 2022-BNK42                                                                   | BANK 2022-BNK42 C CSTR 06/15/2055                                                                    | CUSIP: 06541MCF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $448961.55    | 0.08%             | 2055-06-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK 2022-BNK42                                                                   | BANK 2017-BNK4 2.5% 06/15/2055 144A                                                                  | CUSIP: 06541MAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    180000 | PA      | $130319.71    | 0.02%             | 2055-06-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BANK 2022-BNK42                                                                   | BANK 2022-BNK42 E 2.5% 06/15/2055 144A                                                               | CUSIP: 06541MAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    141000 | PA      | $96113.59     | 0.02%             | 2055-06-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BBCMS MTG TR 2022-C16                                                             | BBCMS MTG TR 2022-C16 CSTR 06/15/2055                                                                | CUSIP: 05552YAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $628019.55    | 0.12%             | 2055-06-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2022-SFR5                                                    | PROGRESS RESIDENTIAL 2022-SFR5 6.863% 06/17/2039 144A                                                | CUSIP: 74332YAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    336000 | PA      | $334815.53    | 0.06%             | 2039-06-17      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2022-SFR5                                                    | PROGRESS RESIDENTIAL 2022-SFR2 TR 6.618% 06/17/2039 144A                                             | CUSIP: 74332YAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    201000 | PA      | $200469.42    | 0.04%             | 2039-06-17      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 0.625% 07/15/2032                                                                           | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4410000 | PA      | $4658892.07   | 0.86%             | 2032-07-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MHP COML MTG TR 2021-STOR                                                         | MHP 2021-STOR J TSFR1M+406.448 07/15/2038 144A                                                       | CUSIP: 55293BAR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99684.28     | 0.02%             | 2038-07-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| SREIT TR 2021-PALM                                                                | SREIT TR 2021-PALM TSFR1M+373.058 61 10/15/2034 144A                                                 | CUSIP: 85237AAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164000 | PA      | $164154.52    | 0.03%             | 2034-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2022-B36 MTG TR                                                         | BENCHMARK 2022-B36 MTG TR 2.5% 07/15/2055 144A                                                       | CUSIP: 08163QAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $176856.73    | 0.03%             | 2055-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2022-B36 MTG TR                                                         | BENCHMARK 2022-B36 MTG TR 4.4699% 07/15/2055                                                         | CUSIP: 08163QBH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $96797.89     | 0.02%             | 2055-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BBCMS MTG TR 2022-C17                                                             | BBCMS MTG TR 2022-C17 D 2.5% 09/15/2055 144A                                                         | CUSIP: 054976AR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    163000 | PA      | $120362.30    | 0.02%             | 2055-09-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| AGNC INVESTMENT CORP                                                              | AGNC INVESTMENT CORP SER G 7.75%/VAR PFD PERP                                                        | CUSIP: 00123Q856<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     16000 | NS      | $395840.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.625% 10/15/2027                                                                           | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2940000 | PA      | $3278804.43   | 0.61%             | 2027-10-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK 2022-BNK44                                                                   | BANK 2022-BNK44 5.746245% 11/15/2055                                                                 | CUSIP: 06540KAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $104082.61    | 0.02%             | 2055-11-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| NEXTPOWER INC                                                                     | NEXTPOWER INC                                                                                        | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       198 | NS      | $23868.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.125% 01/15/2033                                                                           | CUSIP: 91282CGK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3700000 | PA      | $3892003.86   | 0.72%             | 2033-01-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 1.5% 02/15/2053                                                                             | CUSIP: 912810TP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1900000 | PA      | $1595179.37   | 0.30%             | 2053-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.25% 04/15/2028                                                                            | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2613029.85   | 0.48%             | 2028-04-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI                                                                    | SMRT 2022-MINI D TSFR1M+195 01/15/2039 144A                                                          | CUSIP: 78457JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $249218.75    | 0.05%             | 2039-01-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2023-SMRT                                     | CITIGROUP COMMERCIAL MORTGAGE TRUST 2023-SMRT C 6.43808% 06/10/2028 144A                             | CUSIP: 17291NAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $251159.60    | 0.05%             | 2040-10-12      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| MSWF COML MTG TR 2023-1                                                           | MSWF COML MTG TR 2023-1 6.90553% 05/15/2056                                                          | CUSIP: 55376CAW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $261939.10    | 0.05%             | 2056-05-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BMO 2023-C5 MTG TR                                                                | BMO 2023-C5 B MTG TR CSTR 06/15/2056                                                                 | CUSIP: 055988AJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $258658.85    | 0.05%             | 2056-06-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY CORP                                                                 | TALEN ENERGY CORP                                                                                    | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        29 | NS      | $9257.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FERROVIAL SE                                                                      | FERROVIAL SE                                                                                         | CUSIP: N/A<br>LEI: 72450022R2ZFL41Y6I04       | Long             | EC               | CORP              | NL        |       191 | NS      | $12425.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.375% 07/15/2033                                                                           | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4190000 | PA      | $4387465.68   | 0.81%             | 2033-07-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OPERATING CO                                                       | PUBLIC STORAGE OPERATING CO 5.1% 08/01/2033                                                          | CUSIP: 74460WAG2<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510615.73    | 0.09%             | 2033-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OPERATING CO                                                       | PUBLIC STORAGE OPERATING CO 5.35% 08/01/2053                                                         | CUSIP: 74460WAH0<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61299.29     | 0.01%             | 2053-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS CORP(REIT)                                                        | REGENCY CENTERS CORP REIT SER A 6.25% PFD PERP                                                       | CUSIP: 758849889<br>LEI: 529900053A7X7FJ97S58 | Long             | EP               | CORP              | US        |      4500 | NS      | $101385.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENCY CENTERS CORP(REIT)                                                        | REGENCY CENTERS CORP(REIT) 5.875% PERP PFD                                                           | CUSIP: 758849871<br>LEI: 529900053A7X7FJ97S58 | Long             | EP               | CORP              | US        |      2000 | NS      | $44220.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC                                                              | GLOBAL NET LEASE INC 7.5% PFD PERP                                                                   | CUSIP: 379378508<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |     16700 | NS      | $374080.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC                                                              | GLOBAL NET LEASE INC 7.375% PFD PERP E                                                               | CUSIP: 379378607<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |     10000 | NS      | $220000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGLOGOLD ASHANTI PLC                                                             | ANGLOGOLD ASHANTI PLC                                                                                | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |     13100 | NS      | $1307537.20   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 2.375% 10/15/2028                                                                           | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4180000 | PA      | $4596086.18   | 0.85%             | 2028-10-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BUNGE GLOBAL SA                                                                   | BUNGE GLOBAL SA                                                                                      | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |     33370 | NS      | $4244664.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EG GLOBAL FINANCE PLC                                                             | EG GLOBAL FINANCE PLC 12% 11/30/2028 144A                                                            | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $267457.75    | 0.05%             | 2028-11-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                                | REALTY INCOME CORP 5.125% 02/15/2034                                                                 | CUSIP: 756109CG7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251677.89    | 0.05%             | 2034-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.75% 01/15/2034                                                                            | CUSIP: 91282CJY8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3780000 | PA      | $3983804.45   | 0.74%             | 2034-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                            | EXTRA SPACE STORAGE LP 5.4% 02/01/2034                                                               | CUSIP: 30225VAS6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252050.59    | 0.05%             | 2034-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                       | PROLOGIS LP 5% 03/15/2034                                                                            | CUSIP: 74340XCJ8<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    176000 | PA      | $176403.40    | 0.03%             | 2034-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                                | REALTY INCOME CORP 4% 07/15/2029                                                                     | CUSIP: 756109CB8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247203.49    | 0.05%             | 2029-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 2.125% 02/15/2054                                                                           | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1110000 | PA      | $1038208.74   | 0.19%             | 2054-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                          | SAFEHOLD GL HOLDINGS LLC 6.1% 04/01/2034                                                             | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    500000 | PA      | $525398.01    | 0.10%             | 2034-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                               | AMERICAN TOWER CORP 5.45% 02/15/2034                                                                 | CUSIP: 03027XCH1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304968.87    | 0.06%             | 2034-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GE VERNOVA INC                                                                    | GE VERNOVA INC                                                                                       | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |        22 | NS      | $19203.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 2.125% 04/15/2029                                                                           | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3985000 | PA      | $4302736.32   | 0.80%             | 2029-04-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER  | PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER 7% 02/01/2030 144A  | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $40489.76     | 0.01%             | 2030-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                          | AGREE LP 5.625% 06/15/2034                                                                           | CUSIP: 008513AE3<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3063.68      | 0.00%             | 2034-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I LP                         | Phillips Edison Grocery Center Operating Partnership I LP 5.75% 07/15/2034                           | CUSIP: 71845JAB4<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $512987.52    | 0.09%             | 2034-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BX 2024 VLT4                                                                      | BX 2024 VLT4 E TSFR1M+288.94 07/15/2029 144A                                                         | CUSIP: 05612TAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $196261.32    | 0.04%             | 2041-06-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                                                      | NNN REIT INC 5.5% 06/15/2034                                                                         | CUSIP: 637417AT3<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304560.76    | 0.06%             | 2034-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BX 2024 VLT4                                                                      | BX 2024 VLT4 F TSFR1M+393.788 07/15/2029 144A                                                        | CUSIP: 05612TAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $494811.45    | 0.09%             | 2041-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                 | HYATT HOTELS CORP 5.5% 06/30/2034                                                                    | CUSIP: 448579AS1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101002.87    | 0.02%             | 2034-06-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CONE TR 2024-DFW1                                                                 | CONE TR 2024-DFW1 E TSFR1M+388.79 08/15/2026 144A                                                    | CUSIP: 20682AAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $198168.58    | 0.04%             | 2041-08-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.875% 07/15/2034                                                                           | CUSIP: 91282CLE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5020000 | PA      | $5230433.77   | 0.97%             | 2034-07-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| G MINING VENTURES CORP                                                            | G MINING VENTURES CORP                                                                               | CUSIP: 36270K102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     34100 | NS      | $1196723.46   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT TR 2024-EXTR                                                                  | EQT TR 2024-EXTR B CSTR 07/05/2041 144A                                                              | CUSIP: 29439DAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $201810.26    | 0.04%             | 2041-07-05      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| GLP CAP LP / GLP FING II INC                                                      | GLP CAP LP / GLP FING II INC 5.625% 09/15/2034                                                       | CUSIP: 361841AT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98439.04     | 0.02%             | 2034-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GLP CAP LP / GLP FING II INC                                                      | GLP CAP LP / GLP FING II INC 6.25% 09/15/2054                                                        | CUSIP: 361841AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97015.69     | 0.02%             | 2054-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GS MTG SECS CORP TR 2024-RVR                                                      | GS MTG SECS CORP TR 2024-RVR A VAR 08/10/2029 144A                                                   | CUSIP: 36272JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $201163.94    | 0.04%             | 2041-08-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                  | CROWN CASTLE INC 5.2% 09/01/2034                                                                     | CUSIP: 22822VBG5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173018.15    | 0.03%             | 2034-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                            | EXTRA SPACE STORAGE LP 5.35% 01/15/2035                                                              | CUSIP: 30225VAT4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100333.13    | 0.02%             | 2035-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                  | HILTON DOMESTIC OPERATING CO INC 5.875% 03/15/2033 144A                                              | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251526.25    | 0.05%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPERATING PARTNERSHIP LP                                         | AMERICOLD REALTY OPERATING PARTNERSHIP LP 5.409% 09/12/2034                                          | CUSIP: 03063UAA9<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142631.28    | 0.03%             | 2034-09-12      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I LP                         | Phillips Edison Grocery Center Operating Partnership I LP 4.95% 01/15/2035                           | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    240000 | PA      | $232455.60    | 0.04%             | 2035-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RETAINED VANTAGE DATA CTRS ISSUER LLC / VANTAGE DATA CTRS CDA QC4 LTD PARTNERSHIP | RETAINED VANTAGE DATA CTRS ISSUER LLC / VANTAGE DATA CTRS CDA QC4 LTD PARTNERSHIP 6% 09/15/2049 144A | CUSIP: 76134KAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    121000 | PA      | $117306.34    | 0.02%             | 2049-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| J P MORGAN CHASE COML MTG SECS TR 2024-OMNI                                       | J P MORGAN CHASE COML MTG SECS TR 2024-OMNI VAR 10/05/2039 144A                                      | CUSIP: 46593JAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98162.40     | 0.02%             | 2039-10-05      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                           | SIMON PROPERTY GROUP LP 4.75% 09/26/2034                                                             | CUSIP: 828807DY0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    500000 | PA      | $489269.80    | 0.09%             | 2034-09-26      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAP I TR 2024-NSTB                                                 | MORGAN STANLEY CAP I TR 2024-NSTB VAR 09/20/2032 144A                                                | CUSIP: 61690BAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162000 | PA      | $156087.94    | 0.03%             | 2057-09-24      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SHR TR 2024-LXRY                                                                  | SHR TR 2024-LXRY D TSFR1M+350 10/15/2041 144A                                                        | CUSIP: 784234AG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112000 | PA      | $111720.64    | 0.02%             | 2041-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| NXPT COML MTG TR                                                                  | NXPT COML MTG TR 6.92673% 11/05/2041 144A                                                            | CUSIP: 67119YAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    224000 | PA      | $224107.34    | 0.04%             | 2041-11-05      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ROCC 2024-CNTR E                                                                  | ROCC 2024-CNTR E 8.81906% 11/13/2041 144A                                                            | CUSIP: 74970WAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    158000 | PA      | $164375.66    | 0.03%             | 2041-11-13      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.625% 10/15/2029                                                                           | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4102000 | PA      | $4308012.46   | 0.80%             | 2029-10-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                          | BX COML MTG TR 2024-VLT5 B CSTR 11/13/2046 144A                                                      | CUSIP: 05614JAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101141.14    | 0.02%             | 2046-11-13      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BPR TR 2024-PMDW                                                                  | BPR TR 2024-PMDW D VAR 11/05/2029 144A                                                               | CUSIP: 05592VAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     56000 | PA      | $55626.06     | 0.01%             | 2041-11-05      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BFLD COML MTG TR 2024-UNIV                                                        | BFLD COML MTG TR 2024-UNIV TSFR1M+269.09 11/15/2029 144A                                             | CUSIP: 08861RAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84000 | PA      | $84026.25     | 0.02%             | 2041-11-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BPR COML MTG TR 2024-PK                                                           | BPR COML MTG TR 2024-PARK C VAR 11/05/2039 144A                                                      | CUSIP: 05593UAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $102306.11    | 0.02%             | 2039-11-05      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SELF COMMERCIAL MORTGAGE TRUST 2024-STRG                                          | SELF COMMERCIAL MORTGAGE TRUST 2024-STRG TSFR1M+294.03 11/15/2034 144A                               | CUSIP: 81631WAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70000 | PA      | $69912.50     | 0.01%             | 2034-11-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SELF COMMERCIAL MORTGAGE TRUST 2024-STRG                                          | SELF COMMERCIAL MORTGAGE TRUST 2024-STRG E TSFR1M+418.849 11/15/2034 144A                            | CUSIP: 81631WAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70000 | PA      | $69810.17     | 0.01%             | 2034-11-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2024-FNX                                                                 | BX TRUST 2024-FNX TSFR1M+294.018 11/15/2026 144A                                                     | CUSIP: 05593TAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     45914 | PA      | $45885.73     | 0.01%             | 2041-11-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2024-FNX                                                                 | BX TRUST 2024-FNX TSFR1M+393.874 11/15/2026 144A                                                     | CUSIP: 05593TAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155055 | PA      | $154190.81    | 0.03%             | 2041-11-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                     | LGI HOMES INC 7% 11/15/2032 144A                                                                     | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    325000 | PA      | $301348.87    | 0.06%             | 2032-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-VLT5                                                          | BX COML MTG TR 2024-VLT5 E CSTR 11/13/2046 144A                                                      | CUSIP: 05614JAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $204014.24    | 0.04%             | 2046-11-13      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                               | AMERICAN TOWER CORP 5.4% 01/31/2035                                                                  | CUSIP: 03027XCM0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $302712.65    | 0.06%             | 2035-01-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                 | IRON MOUNTAIN INC 6.25% 01/15/2033 144A                                                              | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348880.81    | 0.06%             | 2033-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 2.125% 01/15/2035                                                                           | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4680000 | PA      | $4905742.34   | 0.91%             | 2035-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                            | MPT OPER PARTNERSHIP LP/CORP 8.5% 02/15/2032 144A                                                    | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $76035.90     | 0.01%             | 2032-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| SWCH COML MTG TR 2025-DATA                                                        | SWCH COML MTG TR 2025-DATA F TSFR1M+418.9 03/15/2042 144A                                            | CUSIP: 78489CAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98468.01     | 0.02%             | 2042-02-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| RIDE 2025-SHRE                                                                    | RIDE 2025-SHRE E VAR 02/14/2025 144A                                                                 | CUSIP: 765692AJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $103039.81    | 0.02%             | 2047-02-14      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 2.375% 02/15/2055                                                                           | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1336000 | PA      | $1281114.97   | 0.24%             | 2055-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| JX ADVANCED METALS CORP                                                           | JX ADVANCED METALS CORP                                                                              | CUSIP: N/A<br>LEI: 353800NC6NPNKC4JEC58       | Long             | EC               | CORP              | JP        |     16900 | NS      | $374568.33    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BX TR 2025-VLT6                                                                   | BX TR 2025-VLT6 E TSFR1M+319.073 03/15/2030 144A                                                     | CUSIP: 12433KAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $495473.50    | 0.09%             | 2042-03-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                            | EXTRA SPACE STORAGE LP 5.4% 06/15/2035                                                               | CUSIP: 30225VAU1<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150373.74    | 0.03%             | 2035-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                               | AMERICAN TOWER CORP 5.35% 03/15/2035                                                                 | CUSIP: 03027XCP3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251621.76    | 0.05%             | 2035-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2025-SPOT                                            | BX TRUST 2025-SPOT E TSFR1M+344.054 04/15/2040 144A                                                  | CUSIP: 12433FAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    226661 | PA      | $226377.20    | 0.04%             | 2040-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SREIT TR 2021-PALM                                                                | SREIT TR 2021-PALM E TSFR1M+202.448 10/15/2034 144A                                                  | CUSIP: 85237AAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99937.50     | 0.02%             | 2034-10-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPERATING PARTNERSHIP LP                                         | AMERICOLD REALTY OPERATING PARTNERSHIP LP 5.6% 05/15/2032                                            | CUSIP: 03063UAB7<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247306.24    | 0.05%             | 2032-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                                | REALTY INCOME CORP 5.125% 04/15/2035                                                                 | CUSIP: 756109CT9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    330000 | PA      | $330091.19    | 0.06%             | 2035-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.625% 04/15/2030                                                                           | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3700000 | PA      | $3819100.57   | 0.71%             | 2030-04-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                              | LAS VEGAS SANDS CORP 6% 06/14/2030                                                                   | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102854.51    | 0.02%             | 2030-06-14      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                       | PROLOGIS LP 5.25% 05/15/2035                                                                         | CUSIP: 74340XCR0<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50823.63     | 0.01%             | 2035-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTYS LP and RHP FIN CORP                                               | RHP HOTEL PPTYS LP and RHP FIN CORP 6.5% 06/15/2033 144A                                             | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $66187.94     | 0.01%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PRM TR 2025-PRM6                                                                  | PRM TR 2025-PRM6 VAR 07/05/2033 144A                                                                 | CUSIP: 74277DAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $168515.99    | 0.03%             | 2033-07-05      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                               | KIMCO REALTY OP LLC 5.3% 02/01/2036                                                                  | CUSIP: 49447BAC7<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101029.78    | 0.02%             | 2036-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP LP                                                              | KITE REALTY GROUP LP 5.2% 08/15/2032                                                                 | CUSIP: 49803XAG8<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300779.75    | 0.06%             | 2032-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                  | WELLTOWER OP LLC 5.125% 07/01/2035                                                                   | CUSIP: 95041AAG3<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50186.35     | 0.01%             | 2035-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.875% 07/15/2035                                                                           | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4850000 | PA      | $4889692.20   | 0.90%             | 2035-07-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC REIT                                                      | MILLROSE PROPERTIES INC REIT 6.375% 08/01/2030 144A                                                  | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $94970.45     | 0.02%             | 2030-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                           | SIMON PROPERTY GROUP LP 5.125% 10/01/2035                                                            | CUSIP: 828807EA1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200314.83    | 0.04%             | 2035-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CENTURY CMNTYS INC                                                                | CENTURY COMMUNITIES INC 6.625% 09/15/2033 144A                                                       | CUSIP: 156504AN2<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244911.45    | 0.05%             | 2033-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC REIT                                                      | MILLROSE PROPERTIES INC REIT 6.25% 09/15/2032 144A                                                   | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49080.39     | 0.01%             | 2032-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC                                                           | WINDSTREAM SERVICES LLC 7.5% 10/15/2033 144A                                                         | CUSIP: 97382BAB5<br>LEI: 549300L3SXBFJVGRCF66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103965.17    | 0.02%             | 2033-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BX TR 2025-OMG                                                                    | BX TR 2025-OMG VAR 10/15/2027 144A                                                                   | CUSIP: 05619HAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $199600.00    | 0.04%             | 2042-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CIP COMMERCIAL MORTGAGE TRUST 2025-SBAY                                           | CIP COMMERCIAL MORTGAGE TRUST 2025-SBAY E TSFR1M+400 10/15/2037 144A                                 | CUSIP: 12576AAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99625.00     | 0.02%             | 2037-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                                                  | WULF COMPUTE LLC 7.75% 10/15/2030 144A                                                               | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $121518.20    | 0.02%             | 2030-10-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BRES COML MTG TR 2025-ATCAP                                                       | BRES COML MTG TR 2025-ATCAP F TSFR1M+518.85 11/15/2042 144A                                          | CUSIP: 05619GAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $248452.83    | 0.05%             | 2042-11-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.125% 10/15/2030                                                                           | CUSIP: 91282CPH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4060000 | PA      | $4046624.83   | 0.75%             | 2030-10-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CHUANGXIN INDUSTRIES HOLDINGS LTD                                                 | CHUANGXIN INDUSTRIES HOLDINGS LTD                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    171000 | NS      | $637158.61    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES INC                                                   | TAYLOR MORRISON COMMUNITIES INC 5.75% 11/15/2032 144A                                                | CUSIP: 87724RAK8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50043.75     | 0.01%             | 2032-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CIPHER COMPUTE LLC                                                                | CIPHER COMPUTE LLC 7.125% 11/15/2030 144A                                                            | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $41441.16     | 0.01%             | 2030-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ELP 2025-ELP                                                                      | ELP 2025-ELP E VAR 11/13/2042 144A                                                                   | CUSIP: 290154AJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $236817.67    | 0.04%             | 2042-11-13      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                  | HILTON DOMESTIC OPERATING CO INC 5.5% 03/31/2034 144A                                                | CUSIP: 432833AT8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97697.69     | 0.02%             | 2034-03-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VENTAS RLTY LTD PARTNERSHIP                                                       | VENTAS RLTY LTD PARTNERSHIP 5% 02/15/2036                                                            | CUSIP: 92277GBC0<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    245000 | PA      | $239481.69    | 0.04%             | 2036-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                                | ESSEX PORTFOLIO LP 4.875% 02/15/2036                                                                 | CUSIP: 29717PBD8<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    295000 | PA      | $283545.93    | 0.05%             | 2036-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NYC COML MTG TR 2025-77C                                                          | NYC COML MTG TR 2025-77C 4.93833%/VAR 01/10/2038 144A                                                | CUSIP: 67123LAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99208.19     | 0.02%             | 2036-01-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NYC COML MTG TR 2025-77C                                                          | NYC COML MTG TR 2025-77C E VAR 01/10/2038 144A                                                       | CUSIP: 67123LAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98696.70     | 0.02%             | 2036-01-10      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK 2025-BNK51                                                                   | BANK 2025-BNK51 5.904% 12/25/2067                                                                    | CUSIP: 06541HAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $176217.18    | 0.03%             | 2067-12-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| FLASH COMPUTE LLC                                                                 | FLASH COMPUTE LLC 7.25% 12/31/2030 144A                                                              | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100679.10    | 0.02%             | 2030-12-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                         | USTN TII 1.875% 01/15/2036                                                                           | CUSIP: 91282CPU9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1880000 | PA      | $1859559.83   | 0.34%             | 2036-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMER TR 2026-ESH2                                                   | EXTENDED STAY AMER TR 2026-ESH2 TSFR1M+315 02/15/2043 144A                                           | CUSIP: 30227WAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    158509 | PA      | $158855.40    | 0.03%             | 2043-02-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMER TR 2026-ESH2                                                   | EXTENDED STAY AMER TR 2026-ESH2 7.67% 02/15/2043 144A                                                | CUSIP: 30227WAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    247670 | PA      | $247667.26    | 0.05%             | 2043-02-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2026-CART                                                                | BX TRUST 2026-CART TSFR1M+205 02/15/2028 144A                                                        | CUSIP: 12433MAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345000 | PA      | $341676.06    | 0.06%             | 2036-02-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                  | VB-S1 ISSUER LLC 1A-F 0% 03/15/2056 144A                                                             | CUSIP: 91825HAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100414.78    | 0.02%             | 2056-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                       | USTN TII 2.375% 02/15/2056                                                                           | CUSIP: 912810US5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $746369.10    | 0.14%             | 2056-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2026-XL6                                             | BX COMMERCIAL MORTGAGE TRUST 2026-XL6 E TSFR1M+325 03/15/2043 144A                                   | CUSIP: 12433NAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99376.82     | 0.02%             | 2043-03-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| PLYM COMMERCIAL MORTGAGE TRUST 2026-IND                                           | PLYM COMMERCIAL MORTGAGE TRUST 2026-IND D TSFR1M+215 03/15/2043 144A                                 | CUSIP: 69292BAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99004.33     | 0.02%             | 2043-03-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2026-XL6                                             | BX COMMERCIAL MORTGAGE TRUST 2026-XL6 TSFR1M+210 03/15/2043 144A                                     | CUSIP: 12433NAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    215000 | PA      | $213654.57    | 0.04%             | 2043-03-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-DIME                                                                | BX TRUST 2025-DIME TSFR1M+370 02/15/2035 144A                                                        | CUSIP: 05613UAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $298818.96    | 0.06%             | 2035-02-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO 2 LLC                                                              | APLD COMPUTECO 2 LLC 6.75% 03/15/2031 144A                                                           | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $94308.31     | 0.02%             | 2031-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| METRONET INFRASTRUCTURE ISSUER LLC                                                | METRONET INFRASTRUCTURE ISSUER LLC 7.1% 04/20/2056 144A                                              | CUSIP: 59170JBL1<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-CBDO         | CORP              | US        |    210000 | PA      | $208061.20    | 0.04%             | 2056-04-20      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BX TR 2026-RISE                                                                   | BX TR 2026-RISE E TSFR1M+280 04/15/2059 144A                                                         | CUSIP: 05595AAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $160000.00    | 0.03%             | 2041-04-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| PCY 2026-FCMT                                                                     | PCY 2026-FCMT C VAR 04/05/2031 144A                                                                  | CUSIP: 704929AE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100339.36    | 0.02%             | 2041-04-05      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer