# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-25-004445
**Filing Date:** 2025-11
**Character Count:** 206466
**Document Hash:** 09b2a00a7caa77689a537c790015bd91
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-004445.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001099263-25-004445

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251528261

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Low Duration Portfolio (Series ID: S000034605)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000106507 | PIMCO Low Duration Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Low Duration Portfolio

- **b. EDGAR series identifier (if any):** S000034605

- **c. LEI of Series:** LL5Q39JP4PBVXGSR5E09

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2554505992.08

**Total Liabilities:** $195779997.01

**Net Assets:** $2358725995.07

**Delayed Delivery Securities:** $28532936.12

**Cash Not Reported:** $5769572.09

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 69574.942800 | **1-Year:** 113454.288300 | **5-Year:** 211159.673000 | **10-Year:** 42002.870800 | **30-Year:** 0.000000

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

- **3-Month:** 0.000000 | **1-Year:** 125.977300 | **5-Year:** 161.970800 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000106507 | 0.10%                | 0.93%                | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $478317.97               | $-5858819.26                               |
| Month 2  | $125926.24               | $12186762.43                               |
| Month 3  | $1710221.40              | $2189053.12                                |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** 0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FNMA PASS THRU POOLS                                                             | FNMA POOL BN0761 FN 01/49 FIXED 4.5                     | CUSIP: 3140JGZ32<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    148032 | PA      | $146031.12    | 0.01%             | 2049-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4624 FN 06/52 FIXED 3                       | CUSIP: 31418ED64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5496942 | PA      | $4837386.64   | 0.21%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CREDIT CARD TRUST 2023-A1                                        | BANK OF AMERICA CREDIT CARD TR BACCT 2023 A1 A1         | CUSIP: 05522RDG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5600000 | PA      | $5628836.08   | 0.24%             | 2028-05-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 A A1A 144A      | CUSIP: 83207EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1921893 | PA      | $1958966.92   | 0.08%             | 2054-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C11                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2018 C11 ASB        | CUSIP: 90276XAS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1032873 | PA      | $1029325.95   | 0.04%             | 2051-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 05/30 6              | CUSIP: 91087BBB5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1100000 | PA      | $1156705.00   | 0.05%             | 2030-05-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C7 A2                      | CUSIP: 09660WAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3583882.40   | 0.15%             | 2057-11-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| BANK5 2025-5YR17                                                                 | BANK5 BANK5 2025 5YR17 A2                               | CUSIP: 06211GAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2023985.00   | 0.09%             | 2058-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN CORPORATION                                                         | NORTHWESTERN CORP 1ST MORTGAGE 144A 03/30 5.073         | CUSIP: 66807TAA0<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2051895.18   | 0.09%             | 2030-03-21      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-BA                                                | NELNET STUDENT LOAN TRUST NSLT 2025 BA A1B 144A         | CUSIP: 64032BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3626674.20   | 0.15%             | 2055-05-17      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| FLORIDA HURRICANE CATASTROPHE FD FIN COR                                         | FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/34 FIXED 5.526 | CUSIP: 341271AH7<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3545869.86   | 0.15%             | 2034-07-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 05/30 VAR                | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2600000 | PA      | $2561324.32   | 0.11%             | 2030-05-22      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.51453 09/03/24-4Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $17420.36     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F0626B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  18900000 | PA      | $19544978.94  | 0.83%             | 2054-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE6                                                    | LOANCORE 2021 CRE6 ISSUER, LTD LNCR 2021 CRE6 A 144A    | CUSIP: 53948HAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1189327 | PA      | $1190739.25   | 0.05%             | 2038-11-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H16                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H16 FA          | CUSIP: 38375B4Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     58224 | PA      | $58289.36     | 0.00%             | 2063-07-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL INC                                                       | MARRIOTT INTERNATIONAL SR UNSECURED 10/33 2.75          | CUSIP: 571903BH5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    900000 | PA      | $781844.83    | 0.03%             | 2033-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTATE LINE COMPANY                                          | TRANS ALLEGHENY INTERSTA SR UNSECURED 144A 01/31 5      | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2360492.62   | 0.10%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WN2407 FR 05/28 FIXED 4.38            | CUSIP: 3132XGU95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23000 | PA      | $22959.99     | 0.00%             | 2028-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 01/28 3.875       | CUSIP: 00774MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    500000 | PA      | $496192.66    | 0.02%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND XV LTD                                                    | ATLAS SENIOR LOAN FUND LTD ATCLO 2019 15A A1R 144A      | CUSIP: 04942MAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4085407 | PA      | $4090513.89   | 0.17%             | 2032-10-23      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V14 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V14 A4              | CUSIP: 08164BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2800000 | PA      | $2934228.36   | 0.12%             | 2057-04-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/28 5             | CUSIP: 694308KW6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1521362.97   | 0.06%             | 2028-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3444 FN 08/48 FIXED 4.5                     | CUSIP: 31418CZJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    413822 | PA      | $408654.81    | 0.02%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK OP LLC                                                                | HEALTHPEAK OP LLC COMPANY GUAR 07/26 3.25               | CUSIP: 40414LAQ2<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993089.07    | 0.04%             | 2026-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 357595 FN 07/34 FIXED 5.5                     | CUSIP: 31376KGC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        91 | PA      | $94.20        | 0.00%             | 2034-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA PASS THROUGH TRUST                                       | JETBLUE 2019 1 CLASS AA PASS THRU CE 11/33 2.75         | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2455035 | PA      | $2180176.16   | 0.09%             | 2033-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C5 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C5 A2                      | CUSIP: 05593RAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $4118251.20   | 0.17%             | 2057-02-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| GREYSTONE COMMERCIAL REAL ESTATE NOTES 2025-FL4                                  | GREYSTONE COMMERCIAL REAL ESTA GSTNE 2025 FL4 A 144A    | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2150000 | PA      | $2155628.12   | 0.09%             | 2043-01-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/26 FIXED 1.82  | CUSIP: 88880LAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $787882.96    | 0.03%             | 2026-06-01      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC ENBRIDGE INC                               | CUSIP: 29250NBW4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   2600000 | PA      | $2646390.11   | 0.11%             | 2026-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 10/29 4.6         | CUSIP: 46849LVB4<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1715636.24   | 0.07%             | 2029-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5051                                                          | FREDDIE MAC FHR 5051 MA                                 | CUSIP: 3137F7YY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    401000 | PA      | $362362.72    | 0.02%             | 2047-05-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SYMPHONY CLO XXV LTD 2021-25A                                                    | SYMPHONY CLO LTD SYMP 2021 25A A 144A                   | CUSIP: 87167WAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001475.26   | 0.04%             | 2034-04-19      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES PNC FINANCIAL SERVICES           | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3298762.25   | 0.14%             | 2028-01-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                                                                   | WEIR GROUP INC COMPANY GUAR 144A 05/30 5.35             | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1131935.50   | 0.05%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | ENTERGY ARKANSAS LLC 1ST MORTGAGE 06/34 5.45            | CUSIP: 29366MAF5<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3664742.48   | 0.16%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 829245 FN 08/35 FIXED 5.5                     | CUSIP: 31407FHW3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     10456 | PA      | $10701.57     | 0.00%             | 2035-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KKR CLO LTD 21                                                                   | KKR FINANCIAL CLO LTD KKR 21 A 144A                     | CUSIP: 48252KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    471694 | PA      | $472167.88    | 0.02%             | 2031-04-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES Q034                | FHLMC MULTIFAMILY STRUCTURED P FHMS Q034 APT2           | CUSIP: 3137HLY30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3463068 | PA      | $3295321.95   | 0.14%             | 2054-07-25      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR NOTE (CBT)DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        18 | NC      | $16429.55     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 09/28 VAR         | CUSIP: 46849CJS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2511464.23   | 0.11%             | 2028-09-12      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                                | CAPITAL ONE FINANCIAL CO CAPITAL ONE FINANCIAL CO       | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    950000 | PA      | $978600.80    | 0.04%             | 2027-10-29      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORPORATION                                                          | NTT FINANCE CORP SR UNSECURED 144A 07/28 4.62           | CUSIP: 62954WAQ8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   1500000 | PA      | $1515074.27   | 0.06%             | 2028-07-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MF1 2022-FL10 LLC                                                                | MF1 MULTIFAMILY HOUSING MORTGA MF1 2022 FL10 A 144A     | CUSIP: 55285BAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1351280 | PA      | $1353104.31   | 0.06%             | 2037-09-17      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0306A1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5000000 | PA      | $4392568.35   | 0.19%             | 2055-10-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2019-136                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 136 P           | CUSIP: 38382A5Y7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1373584 | PA      | $1141489.73   | 0.05%             | 2045-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE MULTI-ASSET EXECUTION TRUST 2022-A3                                  | CAPITAL ONE MULTI ASSET EXECUT COMET 2022 A3 A          | CUSIP: 14041NGB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5200000 | PA      | $5201783.60   | 0.22%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SR SECURED 144A 01/29 4.85     | CUSIP: 57629W5B2<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   6300000 | PA      | $6440776.08   | 0.27%             | 2029-01-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                                          | FREDDIE MAC FHR 5565 FA                                 | CUSIP: 3137HMGJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2646659 | PA      | $2656868.55   | 0.11%             | 2055-08-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| OZLM XXIV LTD 2019-24A                                                           | OZLM LTD OZLM 2019 24A A1AR 144A                        | CUSIP: 67113DAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    970104 | PA      | $971992.81    | 0.04%             | 2032-07-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2018-C                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2018 C A2A 144A      | CUSIP: 78449QAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2140435 | PA      | $2130941.59   | 0.09%             | 2035-11-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL PROTECTIVE LIFE GLOBAL           | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1818804.04   | 0.08%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK LTD                                                             | NORINCHUKIN BANK SR UNSECURED 144A 09/30 4.674          | CUSIP: 656029AP0<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |   1500000 | PA      | $1508314.95   | 0.06%             | 2030-09-09      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                                                          | ENI SPA ENI SPA                                         | CUSIP: 26874RAN8<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |   5400000 | PA      | $5557860.31   | 0.24%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK 2017-BNK9                                                                   | BANK BANK 2017 BNK9 A3                                  | CUSIP: 06540RAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    753164 | PA      | $737486.86    | 0.03%             | 2054-11-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA SR UNSECURED 09/28 VAR              | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2800000 | PA      | $2815723.32   | 0.12%             | 2028-09-08      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 848092 FN 10/35 FIXED 5.5                     | CUSIP: 31408DF90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       189 | PA      | $195.65       | 0.00%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/26 3.125                 | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992908.12    | 0.04%             | 2026-07-27      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT AUTH | LOUISIANA ST LOCAL GOVT ENVRNM LASGOV 02/36 FIXED 4.275 | CUSIP: 54627RAN0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2172225.88   | 0.09%             | 2036-02-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SR SECURED 144A 07/26 5.75      | CUSIP: 00138CAU2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012160.78   | 0.04%             | 2026-07-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO LEASE TRUST 2024-A                                              | FORD CREDIT AUTO LEASE TRUST FORDL 2024 A A3            | CUSIP: 345290AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4133111 | PA      | $4143768.88   | 0.18%             | 2027-05-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYSTEM OF WEST                                                  | ADVENT HEALTH SYSTEM BONDS 03/29 2.952                  | CUSIP: 007944AF8<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2361331.35   | 0.10%             | 2029-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA SR UNSECURED 144A 01/27 VAR                     | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1500000 | PA      | $1505738.27   | 0.06%             | 2027-01-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 828031 FN 07/35 FIXED 5.5                     | CUSIP: 31407D4Q5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       131 | PA      | $135.35       | 0.00%             | 2035-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY CARD ISSUANCE TRUST 2023-A2                                            | SYNCHRONY CARD ISSUANCE TRUST SYNIT 2023 A2 A           | CUSIP: 87166PAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3700000 | PA      | $3769596.26   | 0.16%             | 2029-10-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4637                                                          | FREDDIE MAC FHR 4637 WF                                 | CUSIP: 3137BTTH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    515251 | PA      | $510926.65    | 0.02%             | 2041-07-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/29 VAR             | CUSIP: 06051GHM4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2007342.80   | 0.09%             | 2029-07-23      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4                        | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2023 4 A3          | CUSIP: 379930AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4108839 | PA      | $4156910.64   | 0.18%             | 2028-08-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H31                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H31 FT          | CUSIP: 38376RMX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     52382 | PA      | $52501.82     | 0.00%             | 2065-11-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    100000 | PA      | $100000.00    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGAGE TRUST 2021-LIH                                        | STARWOOD COMMERCIAL MORTGAGE T STWD 2021 LIH A 144A     | CUSIP: 78486EAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2550000 | PA      | $2546009.76   | 0.11%             | 2036-11-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2024 5C2 A3         | CUSIP: 95003UAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2845196.82   | 0.12%             | 2057-11-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 1A A 144A     | CUSIP: 05377RGC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4095491.20   | 0.17%             | 2029-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO CONSUMERS ENERGY CO                 | CUSIP: 210518DX1<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1532788.50   | 0.06%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5440                                                          | FREDDIE MAC FHR 5440 F                                  | CUSIP: 3137HDY79<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1503889 | PA      | $1511018.00   | 0.06%             | 2054-08-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4936                                                          | FREDDIE MAC FHR 4936 AP                                 | CUSIP: 3137FQHG1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1220071 | PA      | $1134965.50   | 0.05%             | 2048-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-2 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2019 2 A PTT PASS THRU CE 11/29 2.9          | CUSIP: 90932MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1126325 | PA      | $1070316.22   | 0.05%             | 2029-11-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 2YR NOTE (CBT) DEC25 XCBT 20251231                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      3213 | NC      | $508551.34    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL 1Q1534 FH 06/37 FLOATING VAR          | CUSIP: 3128S5V35<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     43495 | PA      | $44826.81     | 0.00%             | 2037-06-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-2 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2019 2 AA PTT PASS THRU CE 11/33 2.7         | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    302756 | PA      | $278280.68    | 0.01%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND XIII                                                      | ATLAS SENIOR LOAN FUND LTD ATCLO 2019 13A A1NR 144A     | CUSIP: 04942VAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    209774 | PA      | $209950.02    | 0.01%             | 2031-04-22      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WN2427 FR 04/28 FIXED 4.17            | CUSIP: 3132XGVV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5826000 | PA      | $5828493.76   | 0.25%             | 2028-04-01      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN18                                                                   | BANK BANK 2019 BN18 ASB                                 | CUSIP: 065402BA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1899147 | PA      | $1870128.05   | 0.08%             | 2062-05-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SECURED 144A 09/28 5.9          | CUSIP: 00138CAV0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2093707.62   | 0.09%             | 2028-09-19      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVI LTD 2020-46A                                           | MADISON PARK FUNDING LTD MDPK 2020 46A ARR 144A         | CUSIP: 55822AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5800000 | PA      | $5806090.00   | 0.25%             | 2034-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOBAL FUNDING                                                     | GUARDIAN LIFE GLOB FUND SR SECURED 144A 10/28 5.737     | CUSIP: 40139LBH5<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4184716.04   | 0.18%             | 2028-10-02      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| BDS 2021-FL10 LTD                                                                | BDS LTD BDS 2021 FL10 A 144A                            | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1971960 | PA      | $1974599.19   | 0.08%             | 2036-12-16      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| CDP FINANCIAL INC                                                                | CDP FINANCIAL INC COMPANY GUAR 144A 07/28 4.25          | CUSIP: 125094BE1<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | CORP              | CA        |   1800000 | PA      | $1824855.41   | 0.08%             | 2028-07-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY MORGAN STANLEY                           | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8180800.80   | 0.35%             | 2028-04-13      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 06/28 VAR                | CUSIP: 404280DF3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   3350000 | PA      | $3378821.56   | 0.14%             | 2028-06-09      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-8A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 8A A 144A     | CUSIP: 05377RHM9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6550000 | PA      | $6886702.75   | 0.29%             | 2030-02-20      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 10/29 VAR              | CUSIP: 46647PDX1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5277485.20   | 0.22%             | 2029-10-23      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2021-A                                                 | NELNET STUDENT LOAN TRUST NSLT 2021 A A2 144A           | CUSIP: 64035DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4800000 | PA      | $4797673.92   | 0.20%             | 2062-04-20      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA BANCO SANTANDER SA                   | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2000000 | PA      | $2036591.02   | 0.09%             | 2028-03-14      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 889584 FN 01/37 FIXED VAR                     | CUSIP: 31410KJ54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7067 | PA      | $7356.86      | 0.00%             | 2037-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/27 5.45          | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1627562.35   | 0.07%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SWEPCO STORM RECOVERY FUNDING LLC                                                | SWEPCO STORM RECOVERY FU SR SECURED 09/41 4.88          | CUSIP: 870696AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3577531 | PA      | $3600429.33   | 0.15%             | 2041-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1A                                | SFS AUTO RECEIVABLES SECURITIZ SFAST 2023 1A A3 144A    | CUSIP: 78398AAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2475272 | PA      | $2493506.72   | 0.11%             | 2028-10-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN17                                                                   | BANK BANK 2019 BN17 ASB                                 | CUSIP: 065403BA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2152554 | PA      | $2135105.73   | 0.09%             | 2052-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BSPRT 2022-FL9 ISSUER LTD                                                        | BSPRT ISSUER, LTD. BSPRT 2022 FL9 A 144A                | CUSIP: 055984AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1279024 | PA      | $1282099.55   | 0.05%             | 2039-07-15      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| STATE OF WISCONSIN                                                               | WISCONSIN ST GEN FUND ANNUAL A WISGEN 05/29 FIXED 1.486 | CUSIP: 977100HN9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    600000 | PA      | $551974.14    | 0.02%             | 2029-05-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 08/32 5.625         | CUSIP: 303901BL5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1560077.48   | 0.07%             | 2032-08-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H14                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H14 FA          | CUSIP: 38376RCB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    237322 | PA      | $237216.79    | 0.01%             | 2065-06-20      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2022-FOX2                                                               | BX TRUST BX 2022 FOX2 A2 144A                           | CUSIP: 05610AAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1171574 | PA      | $1170125.15   | 0.05%             | 2039-04-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.43091 09/03/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $12864.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | NOMURA HOLDINGS INC SR UNSECURED 01/32 2.999            | CUSIP: 65535HBA6<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $905316.99    | 0.04%             | 2032-01-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 09/26 3.5                               | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 688000000 | PA      | $686615400.00 | 29.11%            | 2026-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.62000 02/14/25-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-75999.05    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 06/28 VAR          | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6453786.50   | 0.27%             | 2028-06-05      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08863 FG 02/49 FIXED 4.5             | CUSIP: 3128MJ5Z9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1533468 | PA      | $1514899.68   | 0.06%             | 2049-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I INC 2016-UB11                                           | MORGAN STANLEY CAPITAL I TRUST MSC 2016 UB11 ASB        | CUSIP: 61767FAY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65611 | PA      | $65309.12     | 0.00%             | 2049-08-15      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA AUTO TRUST 2023-2A                                               | BANK OF AMERICA AUTO TRUST BAAT 2023 2A A4 144A         | CUSIP: 06054YAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2041849.20   | 0.09%             | 2029-11-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 05/35 4.25                              | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  43000000 | PA      | $43403125.00  | 1.84%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H15                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H15 FJ          | CUSIP: 38376RDE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    106221 | PA      | $106200.83    | 0.00%             | 2065-06-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA GAS COMPANY                                                  | SOUTHERN CALIF GAS CO 1ST MORTGAGE 06/35 5.45           | CUSIP: 842434DC3<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3216549.89   | 0.14%             | 2035-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI DADE FLORIDA                                                     | MIAMI DADE CNTY FL SPL OBLIG MIAGEN 10/25 FIXED 1.154   | CUSIP: 59333NS87<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.08%             | 2025-10-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2022-4                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2022 4 A           | CUSIP: 02582JJX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3801012.70   | 0.16%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 06/28 4.7         | CUSIP: 46849CJP7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3743653.49   | 0.16%             | 2028-06-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C8 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C8 A2                      | CUSIP: 09661XAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2051595.40   | 0.09%             | 2057-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                                        | REALTY INCOME CORP REALTY INCOME CORP                   | CUSIP: 756109CC6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    700000 | PA      | $678011.17    | 0.03%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/28 VAR                | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   5650000 | PA      | $5871642.83   | 0.25%             | 2028-08-11      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| MSSG TRUST 2017-237P                                                             | MORGAN STANLEY MORTGAGE CAPITA MSSG 2017 237P A 144A    | CUSIP: 55375KAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3400000 | PA      | $3249269.84   | 0.14%             | 2039-09-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.30000 12/02/24-4Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $105540.18    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3419 FN 03/30 FIXED 4.32                    | CUSIP: 3140NXYR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1525000 | PA      | $1536992.19   | 0.07%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| EMPIRE DISTRICT BONDCO LLC                                                       | EMPIRE DISTRICT BONDCO SR SECURED 01/35 4.943           | CUSIP: 291918AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5513877 | PA      | $5586767.43   | 0.24%             | 2035-01-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V14 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V14 A3              | CUSIP: 08164BAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2571705.50   | 0.11%             | 2057-04-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD1610 FR 09/52 FIXED 4.5             | CUSIP: 3132DNYF4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6595591 | PA      | $6430728.08   | 0.27%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 03/27 VAR             | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $6030179.16   | 0.26%             | 2027-03-11      | Floating      | 1.66%                 | No            |                  2 | On Loan: No      |
| BX-2021-SDMF                                                                     | BX TRUST BX 2021 SDMF A 144A                            | CUSIP: 12434CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8481702 | PA      | $8465017.39   | 0.36%             | 2034-09-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| MARS INCORPORATED                                                                | MARS INC SR UNSECURED 144A 03/28 4.6                    | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2024887.02   | 0.09%             | 2028-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8507 FR 02/55 FIXED 6               | CUSIP: 3132DWNY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3805701 | PA      | $3893748.74   | 0.17%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLIX LTD 2021-49A                                           | MADISON PARK FUNDING LTD MDPK 2021 49A AR 144A          | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2604273.10   | 0.11%             | 2034-10-19      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                         | AMERICAN EXPRESS CO SR UNSECURED 10/26 VAR              | CUSIP: 025816DL0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    900000 | PA      | $901547.55    | 0.04%             | 2026-10-30      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING SECURED 144A 01/30 5.38           | CUSIP: 04685A4G3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2580784.05   | 0.11%             | 2030-01-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-C                                   | HYUNDAI AUTO LEASE SECURITIZAT HALST 2023 C A4 144A     | CUSIP: 44935VAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8700000 | PA      | $8757959.40   | 0.37%             | 2027-09-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-104                                                       | FANNIE MAE FNR 2024 104 FA                              | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1804126 | PA      | $1806622.27   | 0.08%             | 2055-01-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-2A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 2A A 144A       | CUSIP: 26829GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1564052 | PA      | $1558004.79   | 0.07%             | 2068-09-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUST 2024-3                                        | HONDA AUTO RECEIVABLES OWNER T HAROT 2024 3 A3          | CUSIP: 43813YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3730744.41   | 0.16%             | 2029-03-21      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-52                                                        | FANNIE MAE FNR 2025 52 FB                               | CUSIP: 3136BWUZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3838125 | PA      | $3859239.01   | 0.16%             | 2055-07-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2017-3A                                                                 | VOYA CLO LTD VOYA 2017 3A A1RR 144A                     | CUSIP: 92915QBG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1201539.90   | 0.05%             | 2034-04-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| CAPITAL STREET MASTER TRUST 2025-1                                               | CAPITAL STREET MASTER TRUST CAPST 2025 1 A 144A         | CUSIP: 14051LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2002020.80   | 0.08%             | 2029-08-16      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN16                                                                   | BANK BANK 2019 BN16 A4                                  | CUSIP: 065405AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7100000 | PA      | $7016800.78   | 0.30%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-CA                                                | NELNET STUDENT LOAN TRUST NSLT 2025 CA A1B 144A         | CUSIP: 64035UAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3605139.00   | 0.15%             | 2065-06-22      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| BANK 2018-BNK13                                                                  | BANK BANK 2018 BN13 A5                                  | CUSIP: 06539LBB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $6980701.70   | 0.30%             | 2061-08-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | EQUINIX INC SR UNSECURED 11/29 3.2                      | CUSIP: 29444UBE5<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    600000 | PA      | $574818.98    | 0.02%             | 2029-11-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H26                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H26 FA          | CUSIP: 38376RJR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    546457 | PA      | $546849.96    | 0.02%             | 2065-10-20      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECURITIES CLEARING CORPORATION                                         | NATIONAL SECS CLEARING SR UNSECURED 144A 05/30 4.7      | CUSIP: 637639AQ8<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2760248.18   | 0.12%             | 2030-05-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FUNDING LLC                                                        | PG+E RECOVERY FND LLC SR SECURED 06/35 4.838            | CUSIP: 71710TAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3674672 | PA      | $3743963.10   | 0.16%             | 2035-06-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3619 FN 04/30 FIXED 4.6                     | CUSIP: 3140NYAV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6700000 | PA      | $6822100.60   | 0.29%             | 2030-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 01/32 5.432         | CUSIP: 74368CCB8<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3126215.49   | 0.13%             | 2032-01-14      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| ELEVATION CLO 2022-16A LTD                                                       | ELEVATION CLO LTD AWPT 2022 16A A1AR 144A               | CUSIP: 28623YAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1502518.65   | 0.06%             | 2034-07-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                             | PROJECT BEIGNET SR SEC 144A PROJECT BEIGNET SR SEC 144A | CUSIP: 990AAXQG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  23500000 | PA      | $23500000.00  | 1.00%             | 2049-06-01      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 03/28 5.3              | CUSIP: 842400HU0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2138202.13   | 0.09%             | 2028-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0406B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10900000 | PA      | $10271750.81  | 0.44%             | 2055-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC (AKA: ACE INA HOLDINGS INC)                               | CHUBB INA HOLDINGS LLC CHUBB INA HOLDINGS LLC           | CUSIP: 171239AL0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3877907.18   | 0.16%             | 2029-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMITOMO MITSUI FINL GRP SR UNSECURED 09/28 5.716       | CUSIP: 86562MDG2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   3000000 | PA      | $3133982.91   | 0.13%             | 2028-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2018-C45                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2018 C45 ASB        | CUSIP: 95001NAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    322084 | PA      | $322601.07    | 0.01%             | 2051-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2022-CRE7 ISSUER LTD                                                    | LOANCORE 2022 CRE7 ISSUER LTD. LNCR 2022 CRE7 A 144A    | CUSIP: 53946PAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1435083 | PA      | $1439085.52   | 0.06%             | 2037-01-17      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 02/29 VAR           | CUSIP: 606822CS1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   5000000 | PA      | $5144256.40   | 0.22%             | 2029-02-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8516 FR 03/55 FIXED 6               | CUSIP: 3132DWN90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15271774 | PA      | $15619073.42  | 0.66%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | STANFORD UNIVERSITY SR UNSECURED 03/35 4.679            | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3419125.24   | 0.14%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 06/27 3.75                              | CUSIP: 91282CNL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  37300000 | PA      | $37369937.50  | 1.58%             | 2027-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 40 LTD 2019-1A                                       | OCTAGON INVESTMENT PARTNERS 40 OCT40 2019 1A A1RR 144A  | CUSIP: 67592BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4400000 | PA      | $4407698.24   | 0.19%             | 2035-01-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C7 A3                      | CUSIP: 09660WAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1039485.60   | 0.04%             | 2057-11-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0306B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  38600000 | PA      | $33912135.76  | 1.44%             | 2055-11-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 04/31 VAR             | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6488843.34   | 0.28%             | 2031-04-29      | Floating      | 2.59%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-5A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 5A A 144A     | CUSIP: 05377RHC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6400000 | PA      | $6538688.00   | 0.28%             | 2028-04-20      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1A                                | SFS AUTO RECEIVABLES SECURITIZ SFAST 2023 1A A4 144A    | CUSIP: 78398AAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3200000 | PA      | $3262560.64   | 0.14%             | 2029-12-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 889610 FN 06/38 FIXED VAR                     | CUSIP: 31410KKX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7801 | PA      | $8105.17      | 0.00%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4697 FN 08/42 FIXED 4                       | CUSIP: 31418EGF1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    175749 | PA      | $171892.02    | 0.01%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO LTD 2019-1A                                                         | FLATIRON CLO LTD FLAT 2019 1A AR2 144A                  | CUSIP: 33883JAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    829178 | PA      | $830410.66    | 0.04%             | 2034-11-16      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FM          | CUSIP: 38376RRJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2505 | PA      | $2515.69      | 0.00%             | 2066-02-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| VENTURE XXVIII CLO LTD 2017-28A                                                  | VENTURE CDO LTD VENTR 2017 28A A1R 144A                 | CUSIP: 92331AAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    409382 | PA      | $409602.86    | 0.02%             | 2030-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                   | PACIFIC LIFE GF II SECURED 144A 08/29 4.5               | CUSIP: 6944PL3C1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2523802.63   | 0.11%             | 2029-08-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST 2024-6                                                      | VERIZON MASTER TRUST VZMT 2024 6 A1A                    | CUSIP: 92348KDE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3921074.04   | 0.17%             | 2030-08-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2024 5C2 A2         | CUSIP: 95003UAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4100000 | PA      | $4242436.46   | 0.18%             | 2057-11-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LIMITED                                                         | WOODSIDE FINANCE LTD COMPANY GUAR 144A 03/28 3.7        | CUSIP: 980236AP8<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    700000 | PA      | $689431.67    | 0.03%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-76                                                        | FANNIE MAE FNR 2016 76 CF                               | CUSIP: 3136ATY73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    448817 | PA      | $441340.29    | 0.02%             | 2046-10-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H07                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H07 FG          | CUSIP: 38376RY26<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    263637 | PA      | $263609.76    | 0.01%             | 2067-02-20      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES KJ47                | FHLMC MULTIFAMILY STRUCTURED P FHMS KJ47 A2             | CUSIP: 3137HAMP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2600000 | PA      | $2715236.68   | 0.12%             | 2031-06-25      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                               | SOUTHERN CAL EDISON 1ST MORTGAGE 02/27 4.875            | CUSIP: 842400JA2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7043327.48   | 0.30%             | 2027-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP (AKA: AMERICAN TOWER REIT INC)                               | AMERICAN TOWER CORP SR UNSECURED 11/28 5.8              | CUSIP: 03027XCE8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2715915.51   | 0.12%             | 2028-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | GLOBAL PAYMENTS INC SR UNSECURED 11/31 2.9              | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    500000 | PA      | $448572.72    | 0.02%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MNSN HOLDINGS INC                                                                | MNSN HOLDINGS INC COMMON STOCK                          | CUSIP: 55339C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1397 | NS      | $83820.00     | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 842123 FN 10/35 FIXED 5.5                     | CUSIP: 31407VSL0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12054 | PA      | $12509.49     | 0.00%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2010-C                                                    | SLM STUDENT LOAN TRUST SLMA 2010 C A5 144A              | CUSIP: 78445QAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1621635 | PA      | $1702185.57   | 0.07%             | 2041-10-15      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5511                                                          | FREDDIE MAC FHR 5511 FG                                 | CUSIP: 3137HKKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3743499 | PA      | $3758272.36   | 0.16%             | 2055-03-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST 2024-7                                                      | VERIZON MASTER TRUST VZMT 2024 7 A 144A                 | CUSIP: 92348KDJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2527541.50   | 0.11%             | 2032-08-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2023-BA                                | NAVIENT STUDENT LOAN TRUST NAVSL 2023 BA A1A 144A       | CUSIP: 63942TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    611655 | PA      | $628968.32    | 0.03%             | 2072-03-15      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| EQUS 2021-EQAZ MORTGAGE TRUST                                                    | EQUS 2021 EQAZ MORTGAGE TRUST EQUS 2021 EQAZ A 144A     | CUSIP: 29478JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5484372 | PA      | $5479090.14   | 0.23%             | 2038-10-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA COMPANIES GLOBAL FUNDING                                         | MUTUAL OF OMAHA GLOBAL MUTUAL OF OMAHA GLOBAL           | CUSIP: 62829D2B5<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3104643.21   | 0.13%             | 2028-12-12      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HOUSTON CITY COLLEGE                                                             | HOUSTON TX CMNTY CLG HOUHGR 02/29 FIXED 5               | CUSIP: 44236PLT3<br>LEI: 549300UWXV516I6N3V90 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1863960.66   | 0.08%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.51042 09/03/24-4Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $17311.74     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/26 2.45        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4800000 | PA      | $4717275.22   | 0.20%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY                                                          | NORTHWESTERN UNIVERSITY UNSECURED 12/35 4.94            | CUSIP: 668444AT9<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4412792.91   | 0.19%             | 2035-12-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROPERTIES LP                                                       | CORPORATE OFFICE PROP LP COMPANY GUAR 12/33 2.9         | CUSIP: 22003BAP1<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |    750000 | PA      | $635374.22    | 0.03%             | 2033-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C31                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2024 5C31 A2       | CUSIP: 07336YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2200000 | PA      | $2259094.20   | 0.10%             | 2057-12-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | YALE UNIVERSITY SR UNSECURED 04/32 4.701                | CUSIP: 98459LAD5<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5400016.41   | 0.23%             | 2032-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2023-2                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2023 2 A 144A      | CUSIP: 36268DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6297759.60   | 0.27%             | 2036-08-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2007-50                                                        | FANNIE MAE FNR 2007 50 FN                               | CUSIP: 31396V5C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     29738 | PA      | $29404.32     | 0.00%             | 2037-06-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| BETHP-2021-1A                                                                    | BETHPAGE PARK CLO LTD BETHP 2021 1A A 144A              | CUSIP: 087598AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3700000 | PA      | $3705280.86   | 0.16%             | 2035-01-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5439                                                          | FREDDIE MAC FHR 5439 FK                                 | CUSIP: 3137HF3S2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2546907 | PA      | $2555787.30   | 0.11%             | 2054-08-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                                  | AES CORP/THE SR UNSECURED 06/28 5.45                    | CUSIP: 00130HCH6<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2048909.22   | 0.09%             | 2028-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CGMS COMMERCIAL MORTGAGE TRUST 2017-C4                                           | CITIGROUP COMMERCIAL MORTGAGE CGCMT 2017 C4 AAB         | CUSIP: 17326FAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1730717 | PA      | $1716059.99   | 0.07%             | 2050-10-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.32500 12/01/25-4Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $11733.80     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | FISERV INC FISERV INC                                   | CUSIP: 337738BM9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   6250000 | PA      | $6343540.06   | 0.27%             | 2030-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2017-1                                                | NAVIENT STUDENT LOAN TRUST NAVSL 2017 1A A3 144A        | CUSIP: 63940NAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3423908 | PA      | $3477665.88   | 0.15%             | 2066-07-26      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD 2022-FL5                                      | TPG REAL ESTATE FINANCE TRTX 2022 FL5 A 144A            | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3340182 | PA      | $3348772.08   | 0.14%             | 2039-02-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 21 LTD                                                     | ANCHORAGE CAPITAL CLO LTD ANCHC 2021 21A AR 144A        | CUSIP: 03331KAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2800000 | PA      | $2802670.81   | 0.12%             | 2034-10-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| CBAMR 2019-9A                                                                    | CBAMR LTD CBAMR 2019 9A AR 144A                         | CUSIP: 14987VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6029573.16   | 0.26%             | 2037-07-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 01/35 2.125                             | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29991187 | PA      | $30884858.09  | 1.31%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL CORPORATION                                                | PINNACLE WEST CAPITAL SR UNSECURED 05/30 5.15           | CUSIP: 723484AN1<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |    500000 | PA      | $514453.83    | 0.02%             | 2030-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SECURED 144A 01/30 4.95        | CUSIP: 57629TBV8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3079706.91   | 0.13%             | 2030-01-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4632 FN 06/42 FIXED 3                       | CUSIP: 31418EEE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5186982 | PA      | $4772203.30   | 0.20%             | 2042-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                                | DELL INT LLC / EMC CORP SR UNSECURED 06/26 6.02         | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1154000 | PA      | $1163465.19   | 0.05%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AB8152 FN 02/38 FIXED 5.5                     | CUSIP: 31417FBW7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      4316 | PA      | $4502.64      | 0.00%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST  2017-C7                              | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2017 C7 ASB        | CUSIP: 46648KAV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    414276 | PA      | $410585.84    | 0.02%             | 2050-10-15      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SECURED 144A 05/29 5.448             | CUSIP: 76209PAE3<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2076823.08   | 0.09%             | 2029-05-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3405 FN 03/30 FIXED 4.32                    | CUSIP: 3140NXYB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1370000 | PA      | $1380773.31   | 0.06%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO LLC                                               | BLACKSTONE HOLDINGS FINA COMPANY GUAR 144A 08/28 1.625  | CUSIP: 09261BAC4<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2337129.03   | 0.10%             | 2028-08-05      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| RELIANCE INC                                                                     | RELIANCE INC SR UNSECURED 08/30 2.15                    | CUSIP: 759509AG7<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $449043.42    | 0.02%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE6                                                            | AREIT CRE TRUST AREIT 2022 CRE6 A 144A                  | CUSIP: 04002VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1832220 | PA      | $1833377.82   | 0.08%             | 2037-01-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| CARVAL CLO III LTD                                                               | CARVAL CLO LTD CARVL 2019 2A AR2 144A                   | CUSIP: 14686WAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2982400 | PA      | $2985243.09   | 0.13%             | 2032-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8265 FR 11/52 FIXED 4               | CUSIP: 3132DWFE8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  37696172 | PA      | $35630378.81  | 1.51%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2023-2                                  | CAPITAL ONE PRIME AUTO RECEIVA COPAR 2023 2 A3          | CUSIP: 14044EAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3036018 | PA      | $3075727.47   | 0.13%             | 2028-06-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| 1166 AVENUE OF THE AMERICAS COMMERCIAL MORTGAGE TRUST 2005-C6A                   | 1166 AVENUE OF THE AMERICAS CO AACMT 2005 C6A A2 144A   | CUSIP: 682439AC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1693131 | PA      | $1715364.19   | 0.07%             | 2037-10-13      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO FLORIDA POWER + LIGHT CO       | CUSIP: 341081GT8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   5350000 | PA      | $5554969.20   | 0.24%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2020 1 A PTT PASS THRU CE 04/29 5.875        | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    958820 | PA      | $986291.58    | 0.04%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                                      | ONE GAS INC ONE GAS INC                                 | CUSIP: 68235PAN8<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1856818.62   | 0.08%             | 2029-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL TRUST                                                              | SVB FINL TR COMMON STOCK UNIT                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1593 | NS      | $868185.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MF1 2022-FL8 LTD                                                                 | MF1 MULTIFAMILY HOUSING MORTGA MF1 2022 FL8 A 144A      | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3593844 | PA      | $3598360.82   | 0.15%             | 2037-02-19      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2021-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2021 A A2A1 144A     | CUSIP: 78448YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1881895 | PA      | $1865226.35   | 0.08%             | 2053-01-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLN 15 1 A PTT PASS THRU CE 11/28 3.375          | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    949088 | PA      | $934162.42    | 0.04%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV ING GROEP NV                               | CUSIP: 456837BL6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   3300000 | PA      | $3406472.22   | 0.14%             | 2030-03-19      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2019-C16                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2019 C16 ASB        | CUSIP: 90276YAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2293498 | PA      | $2260403.84   | 0.10%             | 2052-04-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORPORATION                                                          | NTT FINANCE CORP SR UNSECURED 144A 07/30 VAR            | CUSIP: 62954WAT2<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $1019446.93   | 0.04%             | 2030-07-16      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2020-77                                                        | FANNIE MAE FNR 2020 77 DP                               | CUSIP: 3136BCVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2150748 | PA      | $1608089.26   | 0.07%             | 2050-11-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-1                                                   | CARMAX AUTO OWNER TRUST CARMX 2024 1 A2A                | CUSIP: 14318WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    344007 | PA      | $344175.13    | 0.01%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2011-15                                                        | FANNIE MAE FNR 2011 15 AF                               | CUSIP: 31397QWM6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    700014 | PA      | $696752.29    | 0.03%             | 2041-03-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H04                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H04 FA          | CUSIP: 38378U8L4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    627767 | PA      | $628288.32    | 0.03%             | 2064-12-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 09/27 VAR          | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97539.79     | 0.00%             | 2027-09-10      | Floating      | 1.54%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                                        | FANNIE MAE FNR 2025 16 FA                               | CUSIP: 3136BU5D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    904523 | PA      | $908209.96    | 0.04%             | 2055-03-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| SNAM SPA                                                                         | SNAM SPA SR UNSECURED 144A 05/30 5                      | CUSIP: 83304JAA5<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |   1600000 | PA      | $1623543.94   | 0.07%             | 2030-05-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGAGE TRUST 2021-FL2                                        | STARWOOD COMMERCIAL MORTGAGE T STWD 2021 FL2 A 144A     | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3134764 | PA      | $3144764.86   | 0.13%             | 2038-04-18      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H08                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H08 FD          | CUSIP: 38375UVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    529986 | PA      | $530125.47    | 0.02%             | 2065-03-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST  2017-C7                              | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2017 C7 A5         | CUSIP: 46648KAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1956605.80   | 0.08%             | 2050-10-15      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BL6406 FN 05/27 FIXED 1.63                    | CUSIP: 3140HYDL9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5400000 | PA      | $5208141.78   | 0.22%             | 2027-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RB5175 FR 08/42 FIXED 4               | CUSIP: 3133KYXC8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1202692 | PA      | $1176300.42   | 0.05%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 04/29 VAR                   | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   5400000 | PA      | $5528267.28   | 0.23%             | 2029-04-20      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2018-H18                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H18 FC          | CUSIP: 38380LMV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    153141 | PA      | $152871.36    | 0.01%             | 2065-08-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                                               | CNO GLOBAL FUNDING CNO GLOBAL FUNDING                   | CUSIP: 18977W2D1<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026530.56   | 0.04%             | 2027-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY COMPANY                                                | BERKSHIRE HATHAWAY ENERG SR UNSECURED 07/30 3.7         | CUSIP: 084659AV3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    165000 | PA      | $161688.28    | 0.01%             | 2030-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA/NEW YORK BRANCH                                         | COOPERAT RABOBANK UA/NY 10/29 4.494                     | CUSIP: 21688ABH4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4076982.04   | 0.17%             | 2029-10-17      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C32                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C32 A4        | CUSIP: 07337AAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3200000 | PA      | $3353535.68   | 0.14%             | 2062-02-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                  | SBA TOWER TRUST ASSET BACKED 144A 04/27 1.84            | CUSIP: 78403DAV2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3440123.64   | 0.15%             | 2027-04-15      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2018-COR3                                                    | COMM MORTGAGE TRUST COMM 2018 COR3 ASB                  | CUSIP: 12595VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    759208 | PA      | $759241.56    | 0.03%             | 2051-05-10      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE7                                                            | AREIT CRE TRUST AREIT 2022 CRE7 A 144A                  | CUSIP: 00217VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5254221 | PA      | $5263592.20   | 0.22%             | 2039-06-17      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7090 FN 10/37 FLOATING VAR                  | CUSIP: 3138EP2Y9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     36516 | PA      | $37917.18     | 0.00%             | 2037-10-01      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| LCM 30 LTD                                                                       | LCM LTD PARTNERSHIP LCM 30A AR 144A                     | CUSIP: 50200YAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    890855 | PA      | $892413.95    | 0.04%             | 2031-04-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8                                      | CITIGROUP COMMERCIAL MORTGAGE CGCMT 2017 P8 AAB         | CUSIP: 17326DAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    436948 | PA      | $433319.71    | 0.02%             | 2050-09-15      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                        | BANQUE FED CRED MUTUEL 144A 07/26 5.896                 | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2534912.28   | 0.11%             | 2026-07-13      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 09/29 VAR                     | CUSIP: 06738ECK9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   4300000 | PA      | $4555108.21   | 0.19%             | 2029-09-13      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5670 FN 04/55 FIXED 4                       | CUSIP: 31418FJQ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5356621 | PA      | $5051785.70   | 0.21%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING ATHENE GLOBAL FUNDING             | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4429830.24   | 0.19%             | 2026-08-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD 2021-FL4                         | ARBOR REALTY COLLATERALIZED LO ARCLO 2021 FL4 A 144A    | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1534839 | PA      | $1538573.87   | 0.07%             | 2036-11-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-77                                                        | FANNIE MAE FNR 2024 77 DF                               | CUSIP: 3136BTWY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1428955 | PA      | $1436784.68   | 0.06%             | 2053-10-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C34                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 C34 ASB        | CUSIP: 95000DBE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42415 | PA      | $42324.66     | 0.00%             | 2049-06-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                        | BANQUE FED CRED MUTUEL BANQUE FED CRED MUTUEL           | CUSIP: 06675DCM2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   2200000 | PA      | $2248851.81   | 0.10%             | 2028-02-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 06/27 VAR         | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $981552.97    | 0.04%             | 2027-06-14      | Floating      | 1.67%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LIFE GLOBAL FUNDING II                                                 | PRINCIPAL LFE GLB FND II SECURED 144A 01/28 4.8         | CUSIP: 74256LFC8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3852881.86   | 0.16%             | 2028-01-09      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 05/32 VAR                | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   3900000 | PA      | $3609863.28   | 0.15%             | 2032-05-14      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 03/28 VAR          | CUSIP: 38141GZS6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5087732.00   | 0.22%             | 2028-03-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA GLOBAL FUNDING TRUST SECURED 144A 09/28 1.95         | CUSIP: 36143L2D6<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3363951.49   | 0.14%             | 2028-09-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 02/28 VAR          | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6125000 | PA      | $5997297.85   | 0.25%             | 2028-02-24      | Floating      | 2.64%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI                                                                   | SMRT SMRT 2022 MINI A 144A                              | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1926000 | PA      | $1924250.81   | 0.08%             | 2039-01-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2024-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2024 1A A 144A     | CUSIP: 05377RHY3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7251420.40   | 0.31%             | 2030-06-20      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA BPCE SA                                         | CUSIP: 05571AAX3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1700000 | PA      | $1752532.52   | 0.07%             | 2029-05-30      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN8717 FN 03/28 FIXED 3.02                    | CUSIP: 3138LMVK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2594000 | PA      | $2537922.93   | 0.11%             | 2028-03-01      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES INC                                                      | SYSTEM ENERGY RESOURCES 1ST REF MORT 12/34 5.3          | CUSIP: 871911AV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4230199.39   | 0.18%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXXVI LTD 2019-36A                                          | MADISON PARK FUNDING LTD MDPK 2019 36A A1RR 144A        | CUSIP: 55819PBE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2007655.86   | 0.09%             | 2035-04-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| ACREC 2021-FL1 LTD                                                               | ACREC 2021 FL1 LTD. ACREC 2021 FL1 A 144A               | CUSIP: 00500RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    484094 | PA      | $483745.14    | 0.02%             | 2036-10-16      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY 05/32 VAR                              | CUSIP: 251526CK3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   3400000 | PA      | $3106931.63   | 0.13%             | 2032-05-28      | Floating      | 3.04%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/4.01150 02/14/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-219318.17   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| DOC DR LLC                                                                       | PHYSICIANS REALTY LP COMPANY GUAR 03/27 4.3             | CUSIP: 71951QAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $700507.77    | 0.03%             | 2027-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 04/28 VAR           | CUSIP: 606822CE2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $999206.79    | 0.04%             | 2028-04-19      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3505 FN 04/30 FIXED 4.25                    | CUSIP: 3140NX3P6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5800000 | PA      | $5819549.48   | 0.25%             | 2030-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC 2024-1A                                                | CHESAPEAKE FUNDING II LLC CFII 2024 1A A1 144A          | CUSIP: 165183DE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1467106 | PA      | $1486049.37   | 0.06%             | 2036-05-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS INC                                                     | FACTSET RESEARCH SYSTEMS SR UNSECURED 03/32 3.45        | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $462184.19    | 0.02%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 11/28 VAR         | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $297066.98    | 0.01%             | 2028-11-03      | Floating      | 3.82%                 | No            |                  2 | On Loan: No      |
| BMO 2025-C13 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2025 C13 A4                      | CUSIP: 05592YAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1319199.96   | 0.06%             | 2058-10-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES SR UNSECURED 01/31 VAR           | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2893884.92   | 0.12%             | 2031-01-29      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION LLC                                           | VIRGINIA POWER FUEL SEC SR SECURED 05/29 5.088          | CUSIP: 92808VAA0<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   5349155 | PA      | $5379090.38   | 0.23%             | 2029-05-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/31 FIXED 2.951 | CUSIP: 88880LAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $273097.38    | 0.01%             | 2031-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BABSON CLO LTD 2015-IA                                                           | BABSON CLO LTD BABSN 2015 IA AR 144A                    | CUSIP: 056162AN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    269565 | PA      | $269760.30    | 0.01%             | 2031-01-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H15                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H15 FC          | CUSIP: 38376RDB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    277979 | PA      | $277947.76    | 0.01%             | 2065-06-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-100                                                       | FANNIE MAE FNR 2016 100 WF                              | CUSIP: 3136AUH53<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    351364 | PA      | $349565.64    | 0.01%             | 2047-01-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP REV NYSDEV 03/28 FIXED 3.54  | CUSIP: 6500358R2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6961186.40   | 0.30%             | 2028-03-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND LTD 2021-18A                                              | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 18A A1R 144A      | CUSIP: 04943EAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2007510.32   | 0.09%             | 2035-01-18      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| THL CREDIT WIND RIVER CLO LTD 2017-3A                                            | WIND RIVER CLO LTD WINDR 2017 3A AR2 144A               | CUSIP: 97316LAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3004627.56   | 0.13%             | 2035-04-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 05/29 VAR                     | CUSIP: 06738EBD6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1800000 | PA      | $1827083.68   | 0.08%             | 2029-05-16      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5513                                                          | FREDDIE MAC FHR 5513 MF                                 | CUSIP: 3137HKEX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  21856416 | PA      | $21893772.99  | 0.93%             | 2054-11-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION LLC                                           | VIRGINIA POWER FUEL SEC SR SECURED 05/33 4.877          | CUSIP: 92808VAB8<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5119262.75   | 0.22%             | 2033-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2019-33                                                        | FANNIE MAE FNR 2019 33 FB                               | CUSIP: 3136B45C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1172344 | PA      | $1143665.78   | 0.05%             | 2049-07-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE MULTI-ASSET EXECUTION TRUST 2023-A1                                  | CAPITAL ONE MULTI ASSET EXECUT COMET 2023 A1 A          | CUSIP: 14041NGD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5600000 | PA      | $5614795.76   | 0.24%             | 2028-05-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AB0532 FN 12/38 FIXED 5.5                     | CUSIP: 31416VSW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2587 | PA      | $2693.33      | 0.00%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 256022 FN 12/35 FIXED 5.5                     | CUSIP: 31371MLB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2295 | PA      | $2389.11      | 0.00%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BGCLO 19A                                                                        | BIRCH GROVE CLO LTD. BGCLO 19A A1RR 144A                | CUSIP: 09075JAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4100000 | PA      | $4120507.87   | 0.17%             | 2037-07-17      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SECURED 144A 11/28 6                 | CUSIP: 76209PAC7<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5260634.20   | 0.22%             | 2028-11-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA INC COMPANY GUAR 03/27 3.125                        | CUSIP: 404119CH0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1972800.14   | 0.08%             | 2027-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H02                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H02 FJ          | CUSIP: 38375UYN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    510814 | PA      | $513554.27    | 0.02%             | 2067-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SECURED 144A 06/28 4.9         | CUSIP: 66815L2M0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2048841.82   | 0.09%             | 2028-06-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY (TVA)                                                 | TENN VALLEY AUTHORITY SR UNSECURED 08/30 3.875          | CUSIP: 880591FE7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  11800000 | PA      | $11835514.93  | 0.50%             | 2030-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08836 FG 09/48 FIXED 4               | CUSIP: 3128MJ4W7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    450434 | PA      | $433408.36    | 0.02%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON COMPANY                                                              | OHIO EDISON CO SR UNSECURED 144A 12/29 4.95             | CUSIP: 677347CJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1278172.15   | 0.05%             | 2029-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA SR UNSECURED 01/28 VAR           | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    500000 | PA      | $487968.10    | 0.02%             | 2028-01-06      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| HGI CRE CLO 2022-FL3 LTD                                                         | HGI CRE CLO LTD HGI 2022 FL3 A 144A                     | CUSIP: 403950AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1751340 | PA      | $1755715.07   | 0.07%             | 2037-04-20      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K506                | FHLMC MULTIFAMILY STRUCTURED P FHMS K506 A2             | CUSIP: 3137HAMH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2540259.50   | 0.11%             | 2028-08-25      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 04/28 VAR              | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4599524.88   | 0.20%             | 2028-04-22      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H10                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H10 FA          | CUSIP: 38376RUH7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    759292 | PA      | $762030.33    | 0.03%             | 2066-04-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2019-B10                                                | BENCHMARK MORTGAGE TRUST BMARK 2019 B10 ASB             | CUSIP: 08162VAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2895732 | PA      | $2868110.20   | 0.12%             | 2062-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | COREBRIDGE FINANCIAL INC SR UNSECURED 04/29 3.85        | CUSIP: 21871XAF6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3842288.58   | 0.16%             | 2029-04-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2017-C41                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2017 C41 ASB        | CUSIP: 95001ABB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    428359 | PA      | $425105.55    | 0.02%             | 2050-11-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| SURA ASSET MANAGEMENT                                                            | SURA ASSET MANAGEMENT COMPANY GUAR 144A 04/27 4.375     | CUSIP: 78486LAA0<br>LEI: 549300013ETMS1C0EA22 | Long             | DBT              | CORP              | CO        |    208000 | PA      | $207463.78    | 0.01%             | 2027-04-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3897 FN 01/35 FIXED 3                       | CUSIP: 31418DKK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    527298 | PA      | $511285.83    | 0.02%             | 2035-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 06/27 VAR                | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   5500000 | PA      | $5397243.94   | 0.23%             | 2027-06-14      | Floating      | 1.64%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 11/28 VAR         | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   4100000 | PA      | $4046858.63   | 0.17%             | 2028-11-07      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/27 4.703              | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   4100000 | PA      | $4114095.27   | 0.17%             | 2027-08-05      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-1A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 1A A 144A       | CUSIP: 26828HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    937192 | PA      | $934135.78    | 0.04%             | 2068-02-27      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 09/02/25-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-950943.09   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR ULTRA FUT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -407 | NC      | $-396010.06   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 985615 FN 04/34 FIXED 5.5                     | CUSIP: 31415P3Y2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2885 | PA      | $2954.22      | 0.00%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARATHON CLO XIII LTD 2019-1A                                                    | MARATHON CLO LTD MCLO 2019 1A AAR2 144A                 | CUSIP: 56579ABJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1197131 | PA      | $1199286.48   | 0.05%             | 2032-04-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 04/27 VAR              | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4731832.13   | 0.20%             | 2027-04-22      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SECURED 144A 01/30 4.96        | CUSIP: 66815L2U2<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1539703.05   | 0.07%             | 2030-01-13      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY (TVA)                                                 | TENN VALLEY AUTHORITY SR UNSECURED 08/34 4.375          | CUSIP: 880591FB3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   2700000 | PA      | $2731441.88   | 0.12%             | 2034-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 05/27 4.25                 | CUSIP: 23338VAW6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2614389.26   | 0.11%             | 2027-05-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2023-4                                                   | CARMAX AUTO OWNER TRUST CARMX 2023 4 A3                 | CUSIP: 14318XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4520626 | PA      | $4582172.68   | 0.19%             | 2028-07-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 330                                                           | FREDDIEMAC STRIP FHS 330 F4                             | CUSIP: 31351DDT5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    396810 | PA      | $392243.48    | 0.02%             | 2037-10-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| AMEREN MISSOURI SECURITIZATION FUNDING I LLC                                     | AMEREN MISSOURI SEC FU I SR SECURED 10/41 4.85          | CUSIP: 023940AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2312599.91   | 0.10%             | 2041-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO 1ST MORTGAGE 02/29 4.9              | CUSIP: 210518DV5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3590006.00   | 0.15%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 01/28 5.05        | CUSIP: 79587J2B8<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1526282.94   | 0.06%             | 2028-01-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2021-ARIA                                                               | BX TRUST BX 2021 ARIA A 144A                            | CUSIP: 05608RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8300000 | PA      | $8294528.64   | 0.35%             | 2036-10-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                         | AMERICAN EXPRESS CO SR UNSECURED 03/27 2.55             | CUSIP: 025816CS6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   6250000 | PA      | $6130079.56   | 0.26%             | 2027-03-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA SR UNSECURED 10/26 3.244         | CUSIP: 80282KAZ9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990396.03    | 0.04%             | 2026-10-05      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY 07/27 VAR                              | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   5000000 | PA      | $5107461.00   | 0.22%             | 2027-07-13      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/27 FIXED 2.332 | CUSIP: 38122NC67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1935402.20   | 0.08%             | 2027-06-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-21M                                            | BX TRUST BX 2021 21M A 144A                             | CUSIP: 05609CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    386773 | PA      | $386502.81    | 0.02%             | 2036-10-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 08/27 VAR                | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   9000000 | PA      | $9122262.12   | 0.39%             | 2027-08-14      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P3                                           | CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P3 A3         | CUSIP: 14688AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6991070.10   | 0.30%             | 2030-11-11      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  25600000 | PA      | $25600000.00  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 144A 07/37 5.401    | CUSIP: 92343VHA5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    812000 | PA      | $825316.68    | 0.03%             | 2037-07-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC COMPANY                                                           | NSTAR ELECTRIC CO SR UNSECURED 10/28 5.6                | CUSIP: 67021CAU1<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3556559.55   | 0.15%             | 2028-10-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN5171 FN 04/27 FIXED 3.29                    | CUSIP: 3138LHW91<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6006000 | PA      | $5946019.88   | 0.25%             | 2027-04-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/32 VAR                   | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3533718.12   | 0.15%             | 2032-07-21      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 843342 FN 10/35 FIXED 5.5                     | CUSIP: 31407W5B5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2769 | PA      | $2793.48      | 0.00%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA INCORPORATED                                        | REINSURANCE GRP OF AMER SR UNSECURED 09/26 3.95         | CUSIP: 759351AM1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299791.94    | 0.01%             | 2026-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 5YR NOTE (CBT) DEC25 XCBT 20251231                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      1400 | NC      | $-171222.80   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2017-C1                                                     | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2017 C1 ASB        | CUSIP: 07332VBB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    409921 | PA      | $406836.05    | 0.02%             | 2050-02-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| CITIBANK CREDIT CARD ISSUANCE TRUST 2023-A1                                      | CITIBANK CREDIT CARD ISSUANCE CCCIT 2023 A1 A1          | CUSIP: 17305EGW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3900000 | PA      | $3907366.32   | 0.17%             | 2027-12-08      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC 2023-4A                                          | HERTZ VEHICLE FINANCING LLC HERTZ 2023 4A A 144A        | CUSIP: 42806MCE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3400000 | PA      | $3559100.96   | 0.15%             | 2030-03-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-WPT                    | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 WPT AFX 144A  | CUSIP: 46645WAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2800000 | PA      | $2663675.00   | 0.11%             | 2033-07-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RTX CORPORATION                                                                  | RTX CORP RTX CORP                                       | CUSIP: 75513ECT6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3050540.10   | 0.13%             | 2026-11-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.30000 12/02/24-7Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $67304.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM3462 FN 12/33 FIXED VAR                     | CUSIP: 3140X6Z46<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1297899 | PA      | $1282554.69   | 0.05%             | 2033-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8298 FR 02/53 FIXED 4.5             | CUSIP: 3132DWGF4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7619242 | PA      | $7424859.84   | 0.31%             | 2053-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US ULTRA BOND CBT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -144 | NC      | $-532334.88   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                                  | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 10/32 4.95   | CUSIP: 05401ABC4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   3000000 | PA      | $2964859.11   | 0.13%             | 2032-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                                              | COMCAST CORP COMCAST CORP                               | CUSIP: 20030NEH0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2895636.63   | 0.12%             | 2029-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-88                                                        | FANNIE MAE FNR 2016 88 AF                               | CUSIP: 3136AUTX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    327324 | PA      | $324716.62    | 0.01%             | 2046-12-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM9482 FN 11/51 FIXED VAR                     | CUSIP: 3140XDRC2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9286476 | PA      | $8180307.55   | 0.35%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 01/26 4.375                   | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   7000000 | PA      | $7000547.75   | 0.30%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2021-ESH                                             | EXTENDED STAY AMERICA TRUST ESA 2021 ESH A 144A         | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4595854 | PA      | $4599427.55   | 0.19%             | 2038-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2023-B                                                  | TOYOTA LEASE OWNER TRUST TLOT 2023 B A3 144A            | CUSIP: 89240HAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    736676 | PA      | $738745.72    | 0.03%             | 2026-11-20      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANTANDER HOLDINGS USA SR UNSECURED 07/27 4.4           | CUSIP: 80282KAP1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300888.24    | 0.01%             | 2027-07-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2019-1A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2019 1A A1B 144A     | CUSIP: 26829XAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2052369 | PA      | $2059987.72   | 0.09%             | 2069-07-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK-2019-BN22                                                                   | BANK BANK 2019 BN22 A4                                  | CUSIP: 06540XBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12500000 | PA      | $11803927.50  | 0.50%             | 2062-11-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WN2428 FR 04/28 FIXED 4.84            | CUSIP: 3132XGVW3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2451000 | PA      | $2467983.25   | 0.10%             | 2028-04-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2023-C                                         | WORLD OMNI AUTO RECEIVABLES TR WOART 2023 C A3          | CUSIP: 98164FAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3350852 | PA      | $3370960.99   | 0.14%             | 2028-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 04/28 4.125         | CUSIP: 718172DR7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4409154.68   | 0.19%             | 2028-04-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TRALEE CLO V LTD 2018-5A                                                         | TRALEE CLO LTD TRAL 2018 5A A1RR 144A                   | CUSIP: 89300JBA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2102469.85   | 0.09%             | 2034-10-20      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| PROLOGIS TARGETED US LOGISTICS FUND LP                                           | PROLOGIS TARGETED US PROLOGIS TARGETED US               | CUSIP: 74350LAA2<br>LEI: 5493004DTBWUQ9F2VJ87 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3511542.24   | 0.15%             | 2029-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-CIP                                            | BX TRUST BX 2021 CIP A 144A                             | CUSIP: 12434FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3386634 | PA      | $3385591.14   | 0.14%             | 2038-12-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 04/28 4.85          | CUSIP: 303901BB7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $608128.53    | 0.03%             | 2028-04-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP LLC 2023-3A                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 3A A 144A     | CUSIP: 05377RGU2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4060449.60   | 0.17%             | 2028-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2016-BNK2                                         | MORGAN STANLEY CAPITAL I TRUST MSC 2016 BNK2 ASB        | CUSIP: 61690YBS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    464369 | PA      | $461714.14    | 0.02%             | 2049-11-15      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| SCULPTOR CLO XXVII LTD 27A                                                       | SCULPTOR CLO LTD SCUL 27A A1R 144A                      | CUSIP: 81124UAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4502025.00   | 0.19%             | 2034-07-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2019 1 A PTT PASS THRU CE 08/31 4.55         | CUSIP: 90931EAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1080673 | PA      | $1040525.27   | 0.04%             | 2031-08-25      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/29 FIXED 2.551 | CUSIP: 88880LAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $468788.00    | 0.02%             | 2029-06-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F+G GLOBAL FUNDING SECURED 144A 09/28 VAR               | CUSIP: 30321L2L5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3932707.97   | 0.17%             | 2028-09-08      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2024-A                                                   | NISSAN AUTO LEASE TRUST NALT 2024 A A3                  | CUSIP: 65481CAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6024189.60   | 0.26%             | 2027-04-15      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AA2965 FN 04/39 FIXED 5.5                     | CUSIP: 31416LJK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      6431 | PA      | $6615.05      | 0.00%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H09                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H09 FB          | CUSIP: 38376RTJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1079289 | PA      | $1083182.02   | 0.05%             | 2066-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        | 148100000 | PA      | $148099999.99 | 6.28%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY                                   | UNIV OF MASSACHUSETTS MA BLDG UMAFAC 05/29 FIXED 6.423  | CUSIP: 914440KJ0<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30046.26     | 0.00%             | 2029-05-01      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.32826 09/03/24-7Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $21991.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2023-REV2                                           | FORD CREDIT AUTO OWNER TRUST/F FORDR 2023 2 A 144A      | CUSIP: 34535CAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3821193.13   | 0.16%             | 2036-02-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2020-3A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2020 3A A1B 144A     | CUSIP: 26833BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    913348 | PA      | $919058.43    | 0.04%             | 2070-01-27      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| NEWARK BSL CLO 2 LTD 2017 1A                                                     | NEWARK BSL CLO 2 LTD. NBCLO 2017 1A A1R 144A            | CUSIP: 65023PAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    247186 | PA      | $247557.59    | 0.01%             | 2030-07-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 10/29 4.2                 | CUSIP: 87264ADL6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2597467.44   | 0.11%             | 2029-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION                         | NATIONAL RURAL UTIL COOP NATIONAL RURAL UTIL COOP       | CUSIP: 63743HFR8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3558524.66   | 0.15%             | 2027-05-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                        | INVITATION HOMES OP COMPANY GUAR 01/34 2.7              | CUSIP: 46188BAC6<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    400000 | PA      | $339654.33    | 0.01%             | 2034-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K509                | FHLMC MULTIFAMILY STRUCTURED P FHMS K509 A2             | CUSIP: 3137HAST4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4300000 | PA      | $4400515.08   | 0.19%             | 2028-09-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | BROOKFIELD FINANCE INC COMPANY GUAR 06/26 4.25          | CUSIP: 11271LAA0<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   1070000 | PA      | $1069924.85   | 0.05%             | 2026-06-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | PROVINCE OF QUEBEC UNSECURED 04/26 2.5                  | CUSIP: 748149AJ0<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |   2200000 | PA      | $2182835.27   | 0.09%             | 2026-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V16 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V16 A2              | CUSIP: 08164RAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3872812.56   | 0.16%             | 2058-08-15      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                               | COOPERATIEVE RABOBANK UA SR UNSECURED 144A 08/28 VAR    | CUSIP: 74977RDR2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $907877.75    | 0.04%             | 2028-08-22      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| HILTON USA TRUST 2016-HHV                                                        | HILTON USA TRUST HILT 2016 HHV A 144A                   | CUSIP: 43300LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1980228.40   | 0.08%             | 2038-11-05      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| DLLMT 2023-1 LLC                                                                 | DLLMT LLC DLLMT 2023 1A A3 144A                         | CUSIP: 232989AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3699351 | PA      | $3718625.15   | 0.16%             | 2027-03-22      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 02/30 4.75             | CUSIP: 036752BB8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1017357.10   | 0.04%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2015-BA                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2015 BA A3 144A        | CUSIP: 63939KAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    883230 | PA      | $887208.61    | 0.04%             | 2040-07-16      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XI 2012-11A                                                           | APIDOS CLO LTD APID 2012 11A AR4 144A                   | CUSIP: 03763YBY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2503721.95   | 0.11%             | 2034-04-17      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MARKET STABILIZATION FUNDING N LLC                                | TEXAS ELECTRIC MKT STABL SR SECURED 144A 08/36 4.265    | CUSIP: 88240TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8749245 | PA      | $8738613.03   | 0.37%             | 2036-08-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                   | PACIFIC LIFE GF II SECURED 144A 04/26 1.375             | CUSIP: 6944PL2E8<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1183133.54   | 0.05%             | 2026-04-14      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 07/27 VAR             | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2940407.40   | 0.12%             | 2027-07-22      | Floating      | 1.73%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 992254 FN 12/38 FIXED 5.5                     | CUSIP: 31415XH79<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     15947 | PA      | $16481.56     | 0.00%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                                                             | BAYER US FINANCE LLC BAYER US FINANCE LLC               | CUSIP: 07274EAH6<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   6200000 | PA      | $6309313.19   | 0.27%             | 2026-11-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND LTD 2018-10A                                              | ATLAS SENIOR LOAN FUND LTD ATCLO 2018 10A A 144A        | CUSIP: 04942JAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     33107 | PA      | $33137.14     | 0.00%             | 2031-01-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08842 FG 10/48 FIXED 4               | CUSIP: 3128MJ5C0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1883897 | PA      | $1812103.24   | 0.08%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H22                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FD          | CUSIP: 38376RHB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    217475 | PA      | $217464.00    | 0.01%             | 2065-09-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                                                 | LINCOLN FIN GLBL FUNDING SECURED 144A 08/30 4.625       | CUSIP: 53359KAC5<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1208149.20   | 0.05%             | 2030-08-18      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 07/28 VAR              | CUSIP: 46647PDG8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10134438.50  | 0.43%             | 2028-07-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5042                                                          | FREDDIE MAC FHR 5042 CA                                 | CUSIP: 3137F66L6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    762114 | PA      | $714642.73    | 0.03%             | 2040-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/30 2.294                     | CUSIP: 86944BAG8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2564879.77   | 0.11%             | 2030-08-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS 144A 09/28 VAR                              | CUSIP: 09659W2M5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  10500000 | PA      | $10014423.20  | 0.42%             | 2028-09-30      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.316 | CUSIP: 91412HGF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2505316.06   | 0.11%             | 2027-05-15      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-WPT                    | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 WPT AFL 144A  | CUSIP: 46645WAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1071781 | PA      | $1043110.57   | 0.04%             | 2033-07-05      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS HOTEL TRUST 2019-HNLA                                                | NEW ORLEANS HOTEL TRUST NOHT 2019 HNLA A 144A           | CUSIP: 647622AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2684499.57   | 0.11%             | 2032-04-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 7 LP 2025-2                                                | PK ALIFT LOAN FUNDING PKAIR 2025 2 A 144A               | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1694101.71   | 0.07%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  3 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SB1240 FR 12/32 FIXED 2.5             | CUSIP: 3132CXLV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    753602 | PA      | $729846.91    | 0.03%             | 2032-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-B                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2022 B A1B 144A      | CUSIP: 83206NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    609752 | PA      | $615938.67    | 0.03%             | 2055-02-16      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3406 FN 03/30 FIXED 4.32                    | CUSIP: 3140NXYC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1703000 | PA      | $1716391.93   | 0.07%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| STATE OF OREGON DEPARTMENT OF TRANSPORTATION                                     | OREGON ST DEPT OF TRANSPRTN HI ORSTRN 11/27 FIXED 1.084 | CUSIP: 68607DVD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1894300.40   | 0.08%             | 2027-11-15      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL FUNDING                                                 | EQUITABLE AMERICA GLOBAL SECURED 144A 06/28 4.65        | CUSIP: 29446Q2A0<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1619830.56   | 0.07%             | 2028-06-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FEDERAL HOME LOAN BANK BONDS 08/26 1.05                 | CUSIP: 3130ANGM6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   4800000 | PA      | $4692367.44   | 0.20%             | 2026-08-13      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| WRKCO INC                                                                        | WRKCO INC COMPANY GUAR 06/28 3.9                        | CUSIP: 92940PAE4<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    800000 | PA      | $793813.50    | 0.03%             | 2028-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL GLOBAL FUNDING                                             | BRIGHTHSE FIN GLBL FUND SECURED 144A 04/27 5.55         | CUSIP: 10921U2J6<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5086649.60   | 0.22%             | 2027-04-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| WESTERN-SOUTHERN GLOBAL FUNDING                                                  | WESTERN SOUTHERN GLOBAL SECURED 144A 07/28 4.5          | CUSIP: 95954A2B8<br>LEI: 635400PFYEGVSGK4VB37 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5641559.78   | 0.24%             | 2028-07-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                                 | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/32 4.4           | CUSIP: 694308KC0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2928016.80   | 0.12%             | 2032-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NLG GLOBAL FUNDING                                                               | NLG GLOBAL FUNDING SECURED 144A 01/30 5.4               | CUSIP: 62915W2A0<br>LEI: 635400SKBQOWEJZLTW68 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2591487.43   | 0.11%             | 2030-01-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2017-2                                             | ECMC GROUP STUDENT LOAN TRUST ECMC 2017 2A A 144A       | CUSIP: 26828VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    619621 | PA      | $622166.08    | 0.03%             | 2067-05-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                                | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A          | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2300000 | PA      | $2302149.49   | 0.10%             | 2034-08-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 793029 FN 07/34 FLOATING VAR                  | CUSIP: 31405MA64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19161 | PA      | $19699.90     | 0.00%             | 2034-07-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| BANK-2019-BN21                                                                   | BANK BANK 2019 BN21 ASB                                 | CUSIP: 06540BBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2001405 | PA      | $1954221.35   | 0.08%             | 2052-10-17      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| SARANAC CLO LTD 2018-6A                                                          | SARANAC CLO LTD SRANC 2018 6A A1R 144A                  | CUSIP: 80317LAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    904625 | PA      | $906182.22    | 0.04%             | 2031-08-13      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 05/28 VAR              | CUSIP: 46647PAF3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4264048.52   | 0.18%             | 2028-05-01      | Floating      | 3.54%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)                             | FREDDIE MAC NOTES 10/26 0.8                             | CUSIP: 3134GW6C5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   9200000 | PA      | $8919621.72   | 0.38%             | 2026-10-28      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI DADE FLORIDA                                                     | MIAMI DADE CNTY FL SPL OBLIG MIAGEN 10/26 FIXED 1.471   | CUSIP: 59333NS95<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    700000 | PA      | $683872.28    | 0.03%             | 2026-10-01      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| WILLIAMSON CNTY TEX                                                              | WILLIAMSON CNTY TX WIL 02/26 FIXED 0.64                 | CUSIP: 9698878G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2471370.25   | 0.10%             | 2026-02-15      | Fixed         | 0.64%                 | No            |                  2 | On Loan: No      |
| 1211 AVENUE OF THE AMERICAS TRUST 2015-1211                                      | 1211 AVENUE OF THE AMERICAS TR AOTA 2015 1211 A1A2 144A | CUSIP: 90117PAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $6761562.50   | 0.29%             | 2035-08-10      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 06/30 4.95        | CUSIP: 79587J2C6<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3045738.48   | 0.13%             | 2030-06-12      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS8865 FN 02/35 FIXED VAR                     | CUSIP: 3140XQZ75<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1096306 | PA      | $1061555.84   | 0.05%             | 2035-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NBN CO LIMITED                                                                   | NBN CO LTD SR UNSECURED 144A 05/26 1.45                 | CUSIP: 62878U2A9<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $983907.95    | 0.04%             | 2026-05-05      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2022-2 LTD                                               | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2022 2A A1R 144A     | CUSIP: 05682GAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1502996.87   | 0.06%             | 2035-04-22      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4736                                                          | FREDDIE MAC FHR 4736 CD                                 | CUSIP: 3137FCHE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    392522 | PA      | $380336.36    | 0.02%             | 2046-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2022-FL4                                                               | FS RIALTO ISSUER LTD FSRIA 2022 FL4 A 144A              | CUSIP: 30326MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2178877 | PA      | $2178863.80   | 0.09%             | 2039-01-19      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SR SECURED 144A 09/27 VAR      | CUSIP: 79587J2D4<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2703171.83   | 0.11%             | 2027-09-02      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.00000 02/12/25-30Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $705842.10    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| VERDELITE STATIC CLO LTD 2024-1                                                  | VERDELITE STATIC CLO LTD BVSTAT 2024 1A A 144A          | CUSIP: 92338VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3327137 | PA      | $3329748.02   | 0.14%             | 2032-07-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C3                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2017 C3 ASB         | CUSIP: 90276GAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    985947 | PA      | $977647.92    | 0.04%             | 2050-08-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 08/27 VAR         | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   3700000 | PA      | $3753469.37   | 0.16%             | 2027-08-07      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C8                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2018 C8 ASB         | CUSIP: 90276VAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    752278 | PA      | $751834.83    | 0.03%             | 2051-02-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL FUNDING                                                 | EQUITABLE AMERICA GLOBAL SECURED 144A 06/30 4.95        | CUSIP: 29446Q2B8<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2143198.07   | 0.09%             | 2030-06-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC GOLDMAN SACHS GROUP INC         | CUSIP: 38141GA87<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4813758.87   | 0.20%             | 2030-04-25      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4800 FN 10/52 FIXED 4.5                     | CUSIP: 3140QQKN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  39336058 | PA      | $38348782.60  | 1.63%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8408 FR 03/54 FIXED 5.5             | CUSIP: 3132DWKV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  49050080 | PA      | $49557592.58  | 2.10%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 07/27 3.875                             | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  75600000 | PA      | $75917461.03  | 3.22%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BDS 2022-FL11 LLC                                                                | BDS LTD BDS 2022 FL11 ATS 144A                          | CUSIP: 054980AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3215007 | PA      | $3221094.44   | 0.14%             | 2039-03-19      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B                                   | HYUNDAI AUTO LEASE SECURITIZAT HALST 2025 B A3 144A     | CUSIP: 44935DAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5046763.00   | 0.21%             | 2028-04-17      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5050                                                          | FREDDIE MAC FHR 5050 YA                                 | CUSIP: 3137F7TN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    328216 | PA      | $304832.18    | 0.01%             | 2046-01-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer