# EDGAR Filing Document

**Accession Number:** 0000100334
**File Stem:** 0001193125-25-215648
**Filing Date:** 2025-9
**Character Count:** 336847
**Document Hash:** f4f4c7d15b61e5d377a0462807a8dc5d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-215648.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001193125-25-215648

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY MUTUAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000100334

**ORGANIZATION NAME:**
- **EIN:** 446006315
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00816
- **FILM NUMBER:** 251339430

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** 816-531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN CENTURY MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19970107

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TWENTIETH CENTURY INVESTORS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BALANCED FUND (Series ID: S000006192)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000017045 | INVESTOR CLASS | TWBIX           |
| C000017047 | I CLASS        | ABINX           |
| C000189734 | R5 CLASS       | ABGNX           |

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**Balanced Fund**

**July 31, 2025**

------

---

| |
|:---|
| **<u>Balanced Fund - Schedule of Investments</u>** |
| **JULY 31, 2025 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares/Principal Amount ($)** | **Value ($)** |
| **COMMON STOCKS — 60.0%** | | |
| **Air Freight and Logistics — 0.2%** | | |
| FedEx Corp. | 7904 | 1766465 |
| **Automobiles — 0.8%** |  |  |
| Tesla, Inc.<sup>(1)</sup> | 22763 | 7017150 |
| **Banks — 2.5%** |  |  |
| Bank of America Corp. | 155767 | 7363106 |
| JPMorgan Chase & Co. | 28310 | 8386554 |
| Regions Financial Corp. | 249505 | 6319962 |
|  |  | 22069622 |
| **Beverages — 0.4%** |  |  |
| PepsiCo, Inc. | 27921 | 3850864 |
| **Biotechnology — 1.2%** |  |  |
| AbbVie, Inc. | 24460 | 4623429 |
| Gilead Sciences, Inc. | 24847 | 2790070 |
| Vertex Pharmaceuticals, Inc.<sup>(1)</sup> | 6836 | 3123163 |
|  |  | 10536662 |
| **Broadline Retail — 2.4%** |  |  |
| Amazon.com, Inc.<sup>(1)</sup> | 90599 | 21210132 |
| **Building Products — 0.8%** |  |  |
| Johnson Controls International PLC | 69501 | 7297605 |
| **Capital Markets — 3.0%** |  |  |
| Ameriprise Financial, Inc. | 6843 | 3545974 |
| Blackrock, Inc. | 3500 | 3871035 |
| Intercontinental Exchange, Inc. | 16704 | 3087400 |
| KKR & Co., Inc. | 23091 | 3384679 |
| Morgan Stanley | 49544 | 7058038 |
| S&P Global, Inc. | 11216 | 6181138 |
|  |  | 27128264 |
| **Chemicals — 1.0%** |  |  |
| Ecolab, Inc. | 14471 | 3787929 |
| Linde PLC | 12063 | 5552116 |
|  |  | 9340045 |
| **Commercial Services and Supplies — 0.2%** |  |  |
| Copart, Inc.<sup>(1)</sup> | 45767 | 2074618 |
| **Communications Equipment — 0.9%** |  |  |
| Arista Networks, Inc.<sup>(1)</sup> | 27985 | 3448312 |
| Motorola Solutions, Inc. | 10743 | 4715962 |
|  |  | 8164274 |
| **Consumer Finance — 0.4%** |  |  |
| American Express Co. | 13382 | 4005366 |
| **Consumer Staples Distribution & Retail — 0.9%** |  |  |
| Costco Wholesale Corp. | 4127 | 3877894 |
| Sysco Corp. | 53031 | 4221268 |
|  |  | 8099162 |
| **Containers and Packaging — 0.3%** |  |  |
| Ball Corp. | 47268 | 2706566 |
| **Distributors — 0.2%** |  |  |
| LKQ Corp. | 55380 | 1632049 |

---

------

---

| | | |
|:---|:---|:---|
| **Diversified Telecommunication Services — 0.2%** | | |
| Verizon Communications, Inc. | 42376 | 1811998 |
| **Electric Utilities — 0.8%** |  |  |
| NextEra Energy, Inc. | 106778 | 7587645 |
| **Electrical Equipment — 0.9%** |  |  |
| Eaton Corp. PLC | 12184 | 4687428 |
| GE Vernova, Inc. | 4426 | 2922444 |
|  |  | 7609872 |
| **Electronic Equipment, Instruments and Components — 0.3%** |  |  |
| CDW Corp. | 13362 | 2330066 |
| **Energy Equipment and Services — 0.5%** |  |  |
| Schlumberger NV | 131576 | 4447269 |
| **Entertainment — 0.7%** |  |  |
| Liberty Media Corp.-Liberty Formula One, Class C<sup>(1)</sup> | 9164 | 919607 |
| Netflix, Inc.<sup>(1)</sup> | 4777 | 5538454 |
|  |  | 6458061 |
| **Financial Services — 2.0%** |  |  |
| Fiserv, Inc.<sup>(1)</sup> | 17171 | 2385739 |
| Mastercard, Inc., Class A | 17791 | 10078068 |
| Visa, Inc., Class A | 15735 | 5435970 |
|  |  | 17899777 |
| **Ground Transportation — 0.6%** |  |  |
| Uber Technologies, Inc.<sup>(1)</sup> | 33606 | 2948926 |
| Union Pacific Corp. | 12069 | 2678956 |
|  |  | 5627882 |
| **Health Care Equipment and Supplies — 0.8%** |  |  |
| IDEXX Laboratories, Inc.<sup>(1)</sup> | 6877 | 3674450 |
| Intuitive Surgical, Inc.<sup>(1)</sup> | 7340 | 3531200 |
|  |  | 7205650 |
| **Health Care Providers and Services — 0.9%** |  |  |
| Cencora, Inc. | 6334 | 1812031 |
| Cigna Group | 13495 | 3608293 |
| UnitedHealth Group, Inc. | 9537 | 2380053 |
|  |  | 7800377 |
| **Hotels, Restaurants and Leisure — 1.2%** |  |  |
| Airbnb, Inc., Class A<sup>(1)</sup> | 7386 | 977980 |
| Booking Holdings, Inc. | 608 | 3346469 |
| Chipotle Mexican Grill, Inc.<sup>(1)</sup> | 54664 | 2343992 |
| Hilton Worldwide Holdings, Inc. | 15233 | 4083663 |
|  |  | 10752104 |
| **Household Products — 1.2%** |  |  |
| Church & Dwight Co., Inc. | 28822 | 2702639 |
| Colgate-Palmolive Co. | 22978 | 1926705 |
| Procter & Gamble Co. | 39940 | 6009772 |
|  |  | 10639116 |
| **Industrial Conglomerates — 0.4%** |  |  |
| Honeywell International, Inc. | 14635 | 3254092 |
| **Industrial REITs — 0.5%** |  |  |
| Prologis, Inc. | 45223 | 4828912 |
| **Insurance — 1.0%** |  |  |
| Marsh & McLennan Cos., Inc. | 13551 | 2699359 |
| MetLife, Inc. | 51069 | 3878691 |
| Progressive Corp. | 11045 | 2673332 |
|  |  | 9251382 |

---

------

---

| | | |
|:---|:---|:---|
| **Interactive Media and Services — 4.2%** | | |
| Alphabet, Inc., Class A | 113154 | 21714253 |
| Meta Platforms, Inc., Class A | 20684 | 15997833 |
|  |  | 37712086 |
| **IT Services — 1.3%** |  |  |
| Accenture PLC, Class A | 14103 | 3766911 |
| International Business Machines Corp. | 23532 | 5957126 |
| MongoDB, Inc.<sup>(1)</sup> | 6605 | 1571264 |
|  |  | 11295301 |
| **Life Sciences Tools and Services — 1.1%** |  |  |
| Agilent Technologies, Inc. | 15493 | 1778752 |
| Danaher Corp. | 23833 | 4698914 |
| Thermo Fisher Scientific, Inc. | 7368 | 3445866 |
|  |  | 9923532 |
| **Machinery — 1.7%** |  |  |
| Cummins, Inc. | 11250 | 4135725 |
| Deere & Co. | 5870 | 3078052 |
| Parker-Hannifin Corp. | 3760 | 2751944 |
| Xylem, Inc. | 33173 | 4797479 |
|  |  | 14763200 |
| **Oil, Gas and Consumable Fuels — 0.9%** |  |  |
| Cheniere Energy, Inc. | 17662 | 4166113 |
| Williams Cos., Inc. | 61694 | 3698555 |
|  |  | 7864668 |
| **Pharmaceuticals — 1.5%** |  |  |
| Bristol-Myers Squibb Co. | 30693 | 1329314 |
| Eli Lilly & Co. | 8217 | 6081155 |
| Merck & Co., Inc. | 27764 | 2168924 |
| Zoetis, Inc. | 25586 | 3730183 |
|  |  | 13309576 |
| **Professional Services — 0.4%** |  |  |
| Automatic Data Processing, Inc. | 11457 | 3545941 |
| **Semiconductors and Semiconductor Equipment — 8.2%** |  |  |
| Analog Devices, Inc. | 28049 | 6300647 |
| Applied Materials, Inc. | 8321 | 1498279 |
| ARM Holdings PLC, ADR<sup>(1)</sup> | 7996 | 1130434 |
| ASML Holding NV | 1944 | 1347334 |
| Broadcom, Inc. | 61684 | 18116591 |
| NVIDIA Corp. | 252723 | 44951840 |
|  |  | 73345125 |
| **Software — 7.7%** |  |  |
| Cadence Design Systems, Inc.<sup>(1)</sup> | 17650 | 6434660 |
| Crowdstrike Holdings, Inc., Class A<sup>(1)</sup> | 5277 | 2398766 |
| Dynatrace, Inc.<sup>(1)</sup> | 46059 | 2423164 |
| Microsoft Corp. | 90568 | 48318028 |
| Salesforce, Inc. | 9619 | 2484876 |
| ServiceNow, Inc.<sup>(1)</sup> | 3399 | 3205665 |
| Workday, Inc., Class A<sup>(1)</sup> | 14200 | 3257196 |
|  |  | 68522355 |
| **Specialized REITs — 0.6%** |  |  |
| Equinix, Inc. | 6394 | 5020377 |
| SBA Communications Corp. | 3299 | 741351 |
|  |  | 5761728 |
| **Specialty Retail — 2.0%** |  |  |
| Home Depot, Inc. | 20716 | 7613337 |

---

------

---

| | | |
|:---|:---|:---|
| O'Reilly Automotive, Inc.<sup>(1)</sup> | 8850 | 870132 |
| TJX Cos., Inc. | 45434 | 5657896 |
| Tractor Supply Co. | 67769 | 3859445 |
|  |  | 18000810 |
| **Technology Hardware, Storage and Peripherals — 2.5%** |  |  |
| Apple, Inc. | 105738 | 21948037 |
| **Textiles, Apparel and Luxury Goods — 0.1%** |  |  |
| Deckers Outdoor Corp.<sup>(1)</sup> | 12261 | 1301750 |
| **Trading Companies and Distributors — 0.6%** |  |  |
| Ferguson Enterprises, Inc. | 10651 | 2378688 |
| United Rentals, Inc. | 3870 | 3416978 |
|  |  | 5795666 |
| **TOTAL COMMON STOCKS** <br>(Cost $312,312,561) |  | **537492822** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 13.8%** |  |  |
| **Adjustable-Rate U.S. Government Agency Mortgage-Backed Securities — 0.0%** |  |  |
| FNMA, VRN, 3.18%, (1-year RFUCC plus 1.61%), 3/1/47 | 76043 | 75317 |
| FNMA, VRN, 3.10%, (1-year RFUCC plus 1.61%), 4/1/47 | 44022 | 43552 |
|  |  | 118869 |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 13.8%** |  |  |
| FHLMC, 2.00%, 6/1/36 | 1399814 | 1284682 |
| FHLMC, 3.50%, 2/1/49 | 1623128 | 1482676 |
| FHLMC, 3.00%, 1/1/50 | 1497900 | 1283935 |
| FHLMC, 3.50%, 5/1/50 | 263533 | 237860 |
| FHLMC, 2.50%, 5/1/51 | 1708423 | 1415554 |
| FHLMC, 3.50%, 5/1/51 | 828340 | 748887 |
| FHLMC, 3.00%, 7/1/51 | 651045 | 561330 |
| FHLMC, 2.00%, 8/1/51 | 1433550 | 1132866 |
| FHLMC, 2.50%, 8/1/51 | 1566022 | 1290990 |
| FHLMC, 2.50%, 10/1/51 | 778026 | 647307 |
| FHLMC, 3.00%, 12/1/51 | 1027325 | 882933 |
| FHLMC, 3.00%, 2/1/52 | 857943 | 744920 |
| FHLMC, 3.50%, 5/1/52 | 1044808 | 943831 |
| FHLMC, 4.00%, 5/1/52 | 890456 | 828270 |
| FHLMC, 4.00%, 5/1/52 | 1305656 | 1207601 |
| FHLMC, 4.00%, 6/1/52 | 2871320 | 2670796 |
| FHLMC, 5.00%, 7/1/52 | 522573 | 514481 |
| FHLMC, 4.50%, 10/1/52 | 2081255 | 1986254 |
| FHLMC, 4.50%, 10/1/52 | 721480 | 686045 |
| FHLMC, 4.50%, 10/1/52 | 1451880 | 1380579 |
| FHLMC, 6.00%, 11/1/52 | 2523154 | 2567705 |
| FHLMC, 5.50%, 12/1/52 | 402498 | 403311 |
| FHLMC, 6.00%, 1/1/53 | 1325640 | 1348976 |
| FHLMC, 6.50%, 11/1/53 | 1349342 | 1397110 |
| FHLMC, 5.50%, 4/1/54 | 1419463 | 1422329 |
| FNMA, 2.00%, 5/1/36 | 621472 | 571601 |
| FNMA, 4.50%, 9/1/41 | 112665 | 110855 |
| FNMA, 3.50%, 5/1/42 | 486931 | 452856 |
| FNMA, 3.00%, 2/1/50 | 219391 | 190254 |
| FNMA, 2.50%, 6/1/50 | 839707 | 697945 |
| FNMA, 2.50%, 10/1/50 | 1779550 | 1468796 |
| FNMA, 2.50%, 12/1/50 | 1213296 | 996525 |
| FNMA, 2.50%, 2/1/51 | 2188679 | 1820109 |
| FNMA, 3.00%, 6/1/51 | 107105 | 93312 |
| FNMA, 2.50%, 12/1/51 | 931348 | 773088 |

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| | | |
|:---|:---|:---|
| FNMA, 2.50%, 2/1/52 | 510068 | 422595 |
| FNMA, 3.00%, 2/1/52 | 1674009 | 1450576 |
| FNMA, 3.00%, 2/1/52 | 957656 | 829828 |
| FNMA, 2.00%, 3/1/52 | 2485165 | 1972470 |
| FNMA, 2.50%, 3/1/52 | 1164662 | 967462 |
| FNMA, 3.00%, 3/1/52 | 1698919 | 1476064 |
| FNMA, 3.00%, 4/1/52 | 401316 | 347753 |
| FNMA, 3.50%, 4/1/52 | 648063 | 580117 |
| FNMA, 4.00%, 4/1/52 | 509629 | 474039 |
| FNMA, 4.00%, 4/1/52 | 1179895 | 1093935 |
| FNMA, 4.00%, 4/1/52 | 362550 | 336128 |
| FNMA, 3.00%, 5/1/52 | 1000465 | 872701 |
| FNMA, 3.50%, 5/1/52 | 1609067 | 1443479 |
| FNMA, 3.50%, 5/1/52 | 1784168 | 1601225 |
| FNMA, 3.50%, 5/1/52 | 1456619 | 1324161 |
| FNMA, 4.00%, 5/1/52 | 1697547 | 1569884 |
| FNMA, 3.00%, 6/1/52 | 430535 | 375659 |
| FNMA, 3.50%, 6/1/52 | 1408187 | 1279657 |
| FNMA, 4.50%, 7/1/52 | 1261318 | 1199413 |
| FNMA, 5.00%, 8/1/52 | 2868258 | 2815167 |
| FNMA, 4.50%, 9/1/52 | 635191 | 611159 |
| FNMA, 5.00%, 9/1/52 | 791803 | 778126 |
| FNMA, 5.00%, 10/1/52 | 2496613 | 2444862 |
| FNMA, 5.50%, 10/1/52 | 1302425 | 1299350 |
| FNMA, 5.00%, 1/1/53 | 2062065 | 2019527 |
| FNMA, 5.50%, 1/1/53 | 2337907 | 2333636 |
| FNMA, 5.50%, 1/1/53 | 2690353 | 2683239 |
| FNMA, 6.50%, 1/1/53 | 1965306 | 2035788 |
| FNMA, 5.50%, 3/1/53 | 378936 | 380593 |
| FNMA, 6.00%, 9/1/53 | 1310302 | 1340504 |
| FNMA, 6.00%, 9/1/53 | 2015493 | 2048401 |
| FNMA, 5.50%, 3/1/54 | 3366509 | 3356653 |
| FNMA, 6.00%, 5/1/54 | 1633609 | 1660156 |
| GNMA, 2.50%, TBA | 2731000 | 2297046 |
| GNMA, 4.00%, TBA | 3741000 | 3445791 |
| GNMA, 5.50%, TBA | 1636000 | 1632096 |
| GNMA, 7.00%, 4/20/26 | 772 | 798 |
| GNMA, 7.50%, 8/15/26 | 899 | 901 |
| GNMA, 7.00%, 5/15/31 | 8524 | 8794 |
| GNMA, 4.50%, 6/15/41 | 108148 | 104952 |
| GNMA, 3.50%, 6/20/42 | 204632 | 189482 |
| GNMA, 3.00%, 5/20/50 | 451948 | 396762 |
| GNMA, 3.00%, 7/20/50 | 1194320 | 1047745 |
| GNMA, 2.00%, 10/20/50 | 3783190 | 3057978 |
| GNMA, 2.50%, 11/20/50 | 1651936 | 1378777 |
| GNMA, 2.50%, 2/20/51 | 1151735 | 971388 |
| GNMA, 3.50%, 6/20/51 | 779221 | 704763 |
| GNMA, 3.00%, 7/20/51 | 1116646 | 977840 |
| GNMA, 4.00%, 9/20/52 | 3057794 | 2842579 |
| GNMA, 4.50%, 9/20/52 | 2876382 | 2747549 |
| GNMA, 4.50%, 10/20/52 | 2364533 | 2260075 |
| GNMA, 5.00%, 12/20/54 | 1487819 | 1454499 |

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| | | |
|:---|:---|:---|
| UMBS, 5.00%, TBA | 7698000 | 7493480 |
| UMBS, 5.50%, TBA | 8886000 | 8840344 |
|  |  | 123524515 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES** <br>(Cost $127,129,660) |  | **123643384** |
| **U.S. TREASURY SECURITIES — 8.1%** |  |  |
| U.S. Treasury Bonds, 4.375%, 11/15/39 | 600000 | 582680 |
| U.S. Treasury Bonds, 4.625%, 2/15/40 | 700000 | 697553 |
| U.S. Treasury Bonds, 4.375%, 5/15/41 | 1400000 | 1343781 |
| U.S. Treasury Bonds, 3.75%, 8/15/41 | 700000 | 621141 |
| U.S. Treasury Bonds, 4.375%, 8/15/43 | 800000 | 754344 |
| U.S. Treasury Bonds, 4.75%, 11/15/43 | 4700000 | 4641984 |
| U.S. Treasury Bonds, 4.50%, 2/15/44 | 1700000 | 1624397 |
| U.S. Treasury Bonds, 4.625%, 5/15/44 | 1800000 | 1746105 |
| U.S. Treasury Bonds, 4.125%, 8/15/44 | 1300000 | 1177490 |
| U.S. Treasury Bonds, 2.50%, 2/15/45 | 1700000 | 1183027 |
| U.S. Treasury Bonds, 5.00%, 5/15/45 | 300000 | 304453 |
| U.S. Treasury Notes, 4.625%, 9/15/26 | 300000 | 301588 |
| U.S. Treasury Notes, 3.875%, 6/15/28 | 500000 | 499980 |
| U.S. Treasury Notes, 4.125%, 3/31/29<sup>(2)</sup> | 12000000 | 12088828 |
| U.S. Treasury Notes, 4.00%, 5/31/30 | 3900000 | 3910055 |
| U.S. Treasury Notes, 3.875%, 7/31/30 | 1600000 | 1594313 |
| U.S. Treasury Notes, 4.125%, 8/31/30 | 8900000 | 8964664 |
| U.S. Treasury Notes, 4.875%, 10/31/30 | 4600000 | 4792535 |
| U.S. Treasury Notes, 4.375%, 11/30/30 | 7700000 | 7841818 |
| U.S. Treasury Notes, 3.75%, 12/31/30 | 2500000 | 2469775 |
| U.S. Treasury Notes, 4.125%, 10/31/31 | 1200000 | 1202836 |
| U.S. Treasury Notes, 4.125%, 5/31/32 | 7000000 | 6997813 |
| U.S. Treasury Notes, 4.00%, 6/30/32 | 7000000 | 6944219 |
| **TOTAL U.S. TREASURY SECURITIES** <br>(Cost $72,577,724) |  | **72285379** |
| **CORPORATE BONDS — 7.9%** |  |  |
| **Aerospace and Defense — 0.1%** |  |  |
| Boeing Co., 5.71%, 5/1/40 | 295000 | 293240 |
| Northrop Grumman Corp., 5.15%, 5/1/40 | 190000 | 184860 |
|  |  | 478100 |
| **Air Freight and Logistics — 0.1%** |  |  |
| GXO Logistics, Inc., 6.25%, 5/6/29 | 727000 | 756441 |
| GXO Logistics, Inc., 6.50%, 5/6/34 | 210000 | 220491 |
|  |  | 976932 |
| **Automobiles — 0.2%** |  |  |
| American Honda Finance Corp., 4.95%, 1/9/26 | 495000 | 495715 |
| Ford Motor Credit Co. LLC, 5.85%, 5/17/27 | 390000 | 392824 |
| Ford Motor Credit Co. LLC, 7.20%, 6/10/30 | 260000 | 273695 |
| Ford Motor Credit Co. LLC, 6.05%, 11/5/31 | 262000 | 262278 |
| General Motors Financial Co., Inc., 5.60%, 6/18/31 | 298000 | 304193 |
| General Motors Financial Co., Inc., 6.15%, 7/15/35 | 345000 | 353834 |
| Hyundai Capital America, 6.50%, 1/16/29<sup>(3)</sup> | 117000 | 123455 |
|  |  | 2205994 |
| **Banks — 1.3%** |  |  |
| Australia & New Zealand Banking Group Ltd., VRN, 2.57%, 11/25/35<sup>(3)</sup> | 599000 | 525003 |
| Bank of America Corp., VRN, 5.51%, 1/24/36 | 340000 | 348534 |
| Bank of Montreal, VRN, 6.875%, 11/26/85 | 560000 | 562520 |
| Bank of Nova Scotia, VRN, 3.625%, 10/27/81 | 165000 | 154078 |
| Bank of Nova Scotia, VRN, 8.625%, 10/27/82 | 520000 | 553603 |

---

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| | | |
|:---|:---|:---|
| Bank of Nova Scotia, VRN, 8.00%, 1/27/84 | 480000 | 512887 |
| BNP Paribas SA, VRN, 4.375%, 3/1/33<sup>(3)</sup> | 349000 | 342409 |
| BPCE SA, VRN, 3.65%, 1/14/37<sup>(3)</sup> | 480000 | 424057 |
| Canadian Imperial Bank of Commerce, VRN, 7.00%, 10/28/85 | 795000 | 804142 |
| Citibank NA, 4.91%, 5/29/30 | 531000 | 539488 |
| Citigroup, Inc., VRN, 4.41%, 3/31/31 | 120000 | 118629 |
| Citigroup, Inc., VRN, 5.61%, 3/4/56 | 185000 | 180639 |
| Intesa Sanpaolo SpA, 3.875%, 7/14/27<sup>(3)</sup> | 400000 | 393975 |
| Intesa Sanpaolo SpA, VRN, 4.20%, 6/1/32<sup>(3)</sup> | 536000 | 497627 |
| JPMorgan Chase & Co., VRN, 6.09%, 10/23/29 | 789000 | 826631 |
| JPMorgan Chase & Co., VRN, 5.10%, 4/22/31 | 549000 | 561581 |
| JPMorgan Chase & Co., VRN, 5.77%, 4/22/35 | 644000 | 675668 |
| JPMorgan Chase & Co., VRN, 5.29%, 7/22/35 | 210000 | 212862 |
| JPMorgan Chase & Co., VRN, 5.58%, 7/23/36 | 260000 | 264018 |
| Morgan Stanley Private Bank NA, VRN, 4.73%, 7/18/31 | 225000 | 226066 |
| Royal Bank of Canada, VRN, 5.15%, 2/4/31 | 588000 | 599910 |
| Royal Bank of Canada, VRN, 4.70%, 8/6/31<sup>(4)</sup> | 354000 | 354442 |
| Toronto-Dominion Bank, VRN, 8.125%, 10/31/82 | 901000 | 951986 |
| U.S. Bancorp, VRN, 5.73%, 10/21/26 | 270000 | 270592 |
| Wells Fargo & Co., VRN, 5.56%, 7/25/34 | 212000 | 218850 |
| Wells Fargo & Co., VRN, 5.61%, 4/23/36 | 460000 | 473956 |
| Wells Fargo & Co., VRN, 5.01%, 4/4/51 | 320000 | 290193 |
|  |  | 11884346 |
| **Biotechnology — 0.1%** |  |  |
| AbbVie, Inc., 5.35%, 3/15/44 | 275000 | 268887 |
| Amgen, Inc., 5.65%, 3/2/53 | 435000 | 420926 |
|  |  | 689813 |
| **Capital Markets — 0.6%** |  |  |
| Blackstone Private Credit Fund, 5.95%, 7/16/29 | 90000 | 91829 |
| Blue Owl Capital Corp., 5.95%, 3/15/29 | 268000 | 268693 |
| Goldman Sachs Group, Inc., VRN, 6.48%, 10/24/29 | 630000 | 666151 |
| Goldman Sachs Group, Inc., VRN, 4.69%, 10/23/30 | 193000 | 192904 |
| Golub Capital BDC, Inc., 7.05%, 12/5/28 | 293000 | 307649 |
| HPS Corporate Lending Fund, 5.45%, 1/14/28 | 160000 | 160399 |
| HPS Corporate Lending Fund, 6.25%, 9/30/29 | 179000 | 183040 |
| LPL Holdings, Inc., 5.15%, 6/15/30 | 360000 | 364291 |
| Morgan Stanley, VRN, 5.16%, 4/20/29 | 271000 | 275410 |
| Morgan Stanley, VRN, 6.41%, 11/1/29 | 170000 | 179460 |
| Morgan Stanley, VRN, 6.63%, 11/1/34 | 760000 | 838463 |
| Morgan Stanley, VRN, 5.83%, 4/19/35 | 152000 | 159389 |
| Morgan Stanley, VRN, 5.52%, 11/19/55 | 143000 | 140186 |
| Northern Trust Corp., VRN, 3.375%, 5/8/32 | 1069000 | 1035444 |
| State Street Corp., VRN, 5.75%, 11/4/26 | 270000 | 270704 |
|  |  | 5134012 |
| **Communications Equipment — 0.1%** |  |  |
| Cisco Systems, Inc., 5.50%, 2/24/55 | 257000 | 254725 |
| Motorola Solutions, Inc., 4.85%, 8/15/30 | 250000 | 251783 |
| Motorola Solutions, Inc., 5.20%, 8/15/32 | 260000 | 263581 |
|  |  | 770089 |
| **Construction Materials — 0.0%** |  |  |
| Martin Marietta Materials, Inc., 5.15%, 12/1/34 | 367000 | 368341 |
| **Consumer Finance — 0.2%** |  |  |
| Ally Financial, Inc., 8.00%, 11/1/31 | 646000 | 730167 |
| Avolon Holdings Funding Ltd., 6.375%, 5/4/28<sup>(3)</sup> | 148000 | 154120 |
| Avolon Holdings Funding Ltd., 5.15%, 1/15/30<sup>(3)</sup> | 128000 | 129021 |

---

------

---

| | | |
|:---|:---|:---|
| Capital One Financial Corp., VRN, 2.36%, 7/29/32 | 190000 | 161839 |
| OneMain Finance Corp., 7.50%, 5/15/31 | 179000 | 186718 |
|  |  | 1361865 |
| **Consumer Staples Distribution & Retail — 0.0%** |  |  |
| Walgreens Boots Alliance, Inc., 3.45%, 6/1/26 | 360000 | 354947 |
| **Diversified Consumer Services — 0.1%** |  |  |
| Leland Stanford Junior University, 4.68%, 3/1/35 | 675000 | 667192 |
| Massachusetts Institute of Technology, 5.62%, 6/1/55 | 95000 | 97408 |
| Novant Health, Inc., 3.17%, 11/1/51 | 245000 | 161331 |
| Pepperdine University, 3.30%, 12/1/59 | 355000 | 225120 |
|  |  | 1151051 |
| **Diversified REITs — 0.2%** |  |  |
| GLP Capital LP/GLP Financing II, Inc., 5.375%, 4/15/26 | 200000 | 200183 |
| Kilroy Realty LP, 3.05%, 2/15/30 | 215000 | 194464 |
| Kilroy Realty LP, 2.50%, 11/15/32 | 280000 | 225966 |
| Kilroy Realty LP, 2.65%, 11/15/33 | 283000 | 224413 |
| Piedmont Operating Partnership LP, 9.25%, 7/20/28 | 435000 | 479087 |
| Piedmont Operating Partnership LP, 6.875%, 7/15/29 | 78000 | 81634 |
| Trust Fibra Uno, 4.87%, 1/15/30<sup>(3)</sup> | 260000 | 248139 |
| Trust Fibra Uno, 7.70%, 1/23/32<sup>(3)</sup> | 205000 | 216783 |
|  |  | 1870669 |
| **Diversified Telecommunication Services — 0.1%** |  |  |
| AT&T, Inc., 6.375%, 3/1/41 | 65000 | 69218 |
| Sprint Capital Corp., 6.875%, 11/15/28 | 291000 | 311190 |
| Verizon Communications, Inc., 2.99%, 10/30/56 | 270000 | 162062 |
|  |  | 542470 |
| **Electric Utilities — 0.8%** |  |  |
| AEP Transmission Co. LLC, 5.375%, 6/15/35 | 74000 | 75259 |
| Arizona Public Service Co., 5.70%, 8/15/34 | 292000 | 301698 |
| Black Hills Corp., 6.00%, 1/15/35 | 204000 | 212199 |
| Commonwealth Edison Co., 5.30%, 2/1/53 | 144000 | 136011 |
| Commonwealth Edison Co., 5.95%, 6/1/55 | 123000 | 127646 |
| Duke Energy Corp., 5.00%, 8/15/52 | 230000 | 200858 |
| Duke Energy Corp., 5.80%, 6/15/54 | 360000 | 352191 |
| Duke Energy Progress LLC, 4.35%, 3/6/27 | 324000 | 324514 |
| Duke Energy Progress LLC, 4.15%, 12/1/44 | 425000 | 347510 |
| Duke Energy Progress LLC, 5.35%, 3/15/53 | 120000 | 113673 |
| Duke Energy Florida LLC, 5.95%, 11/15/52 | 225000 | 231698 |
| Duke Energy Progress LLC, 5.55%, 3/15/55 | 200000 | 195826 |
| Electricite de France SA, 6.95%, 1/26/39<sup>(3)</sup> | 503000 | 554745 |
| Florida Power & Light Co., 4.125%, 2/1/42 | 614000 | 520667 |
| MidAmerican Energy Co., 5.30%, 2/1/55 | 220000 | 208528 |
| MidAmerican Energy Co., 5.85%, 9/15/54 | 980000 | 1002130 |
| Niagara Mohawk Power Corp., 4.65%, 10/3/30<sup>(3)</sup> | 135000 | 134129 |
| Northern States Power Co., 5.10%, 5/15/53 | 260000 | 241493 |
| Northern States Power Co., 5.65%, 5/15/55 | 157000 | 157365 |
| Pacific Gas & Electric Co., 4.20%, 6/1/41 | 155000 | 120950 |
| PECO Energy Co., 4.375%, 8/15/52 | 340000 | 280293 |
| Public Service Electric & Gas Co., 5.50%, 3/1/55 | 380000 | 374913 |
| Southern Co., VRN, 4.00%, 1/15/51 | 296000 | 294874 |
| Union Electric Co., 5.45%, 3/15/53 | 225000 | 215919 |
|  |  | 6725089 |
| **Electronic Equipment, Instruments and Components — 0.0%** |  |  |
| Keysight Technologies, Inc., 5.35%, 7/30/30 | 258000 | 265439 |

---

------

---

| | | |
|:---|:---|:---|
| **Entertainment — 0.0%** | | |
| Warnermedia Holdings, Inc., 3.76%, 3/15/27 | 223000 | 218793 |
| Warnermedia Holdings, Inc., 3.76%, 3/15/27 | 40000 | 38463 |
|  |  | 257256 |
| **Financial Services — 0.3%** |  |  |
| Antares Holdings LP, 6.35%, 10/23/29<sup>(3)</sup> | 665000 | 670660 |
| Atlas Warehouse Lending Co. LP, 6.25%, 1/15/30<sup>(3)</sup> | 1000000 | 1009226 |
| Blue Owl Technology Finance Corp., 6.10%, 3/15/28<sup>(3)</sup> | 346000 | 348126 |
| Corebridge Financial, Inc., VRN, 6.375%, 9/15/54 | 263000 | 263236 |
| Nationwide Building Society, VRN, 4.125%, 10/18/32<sup>(3)</sup> | 250000 | 243957 |
|  |  | 2535205 |
| **Food Products — 0.1%** |  |  |
| Flowers Foods, Inc., 5.75%, 3/15/35 | 225000 | 229280 |
| Mars, Inc., 5.20%, 3/1/35<sup>(3)</sup> | 528000 | 530823 |
| Mars, Inc., 5.65%, 5/1/45<sup>(3)</sup> | 315000 | 313078 |
| Mars, Inc., 5.70%, 5/1/55<sup>(3)</sup> | 179000 | 176787 |
|  |  | 1249968 |
| **Gas Utilities — 0.0%** |  |  |
| Eastern Energy Gas Holdings LLC, 5.65%, 10/15/54 | 158000 | 151407 |
| Snam SpA, 6.50%, 5/28/55<sup>(3)</sup> | 208000 | 216232 |
|  |  | 367639 |
| **Ground Transportation — 0.1%** |  |  |
| Ashtead Capital, Inc., 5.95%, 10/15/33<sup>(3)</sup> | 400000 | 415296 |
| United Rentals North America, Inc., 6.00%, 12/15/29<sup>(3)</sup> | 155000 | 157897 |
|  |  | 573193 |
| **Health Care Equipment and Supplies — 0.0%** |  |  |
| Medline Borrower LP/Medline Co-Issuer, Inc., 6.25%, 4/1/29<sup>(3)</sup> | 428000 | 436942 |
| **Health Care Providers and Services — 0.5%** |  |  |
| Centene Corp., 4.625%, 12/15/29 | 170000 | 161770 |
| CVS Health Corp., 6.00%, 6/1/44 | 410000 | 404069 |
| CVS Health Corp., VRN, 7.00%, 3/10/55 | 245000 | 252678 |
| Duke University Health System, Inc., 3.92%, 6/1/47 | 160000 | 126201 |
| HCA, Inc., 5.25%, 3/1/30 | 276000 | 282052 |
| HCA, Inc., 6.20%, 3/1/55 | 130000 | 129817 |
| Icon Investments Six DAC, 6.00%, 5/8/34 | 301000 | 308188 |
| IQVIA, Inc., 6.25%, 2/1/29 | 442000 | 462202 |
| Kaiser Foundation Hospitals, 3.00%, 6/1/51 | 220000 | 141594 |
| Tenet Healthcare Corp., 6.25%, 2/1/27 | 325000 | 325421 |
| Tenet Healthcare Corp., 5.125%, 11/1/27 | 134000 | 133542 |
| UnitedHealth Group, Inc., 5.30%, 6/15/35 | 393000 | 397289 |
| UnitedHealth Group, Inc., 5.50%, 7/15/44 | 436000 | 421197 |
| UnitedHealth Group, Inc., 5.05%, 4/15/53 | 495000 | 434912 |
| Universal Health Services, Inc., 5.05%, 10/15/34 | 240000 | 228243 |
|  |  | 4209175 |
| **Hotels, Restaurants and Leisure — 0.1%** |  |  |
| Carnival Corp., 4.00%, 8/1/28<sup>(3)</sup> | 585000 | 568547 |
| Hyatt Hotels Corp., 5.75%, 3/30/32 | 161000 | 165189 |
| Royal Caribbean Cruises Ltd., 6.00%, 2/1/33<sup>(3)</sup> | 578000 | 587900 |
|  |  | 1321636 |
| **Household Durables — 0.1%** |  |  |
| DR Horton, Inc., 4.85%, 10/15/30 | 251000 | 252558 |
| Meritage Homes Corp., 5.65%, 3/15/35 | 252000 | 251290 |
|  |  | 503848 |
| **Industrial Conglomerates — 0.0%** |  |  |
| Siemens Financieringsmaatschappij NV, 1.20%, 3/11/26<sup>(3)</sup> | 350000 | 343401 |

---

------

---

| | | |
|:---|:---|:---|
| **Insurance — 0.3%** | | |
| American International Group, Inc., 4.375%, 6/30/50 | 210000 | 173823 |
| Athene Global Funding, 5.53%, 7/11/31<sup>(3)</sup> | 292000 | 298159 |
| Beacon Funding Trust, 6.27%, 8/15/54<sup>(3)</sup> | 310000 | 307040 |
| CNO Financial Group, Inc., 6.45%, 6/15/34 | 215000 | 224102 |
| Liberty Mutual Group, Inc., VRN, 4.125%, 12/15/51<sup>(3)</sup> | 440000 | 428264 |
| Lincoln National Corp., 7.00%, 6/15/40 | 330000 | 363109 |
| MetLife, Inc., 6.40%, 12/15/66 | 300000 | 312807 |
| Travelers Cos., Inc., 5.05%, 7/24/35 | 125000 | 125359 |
| Travelers Cos., Inc., 5.70%, 7/24/55 | 130000 | 131020 |
|  |  | 2363683 |
| **Machinery — 0.2%** |  |  |
| AGCO Corp., 5.80%, 3/21/34 | 293000 | 298765 |
| Caterpillar, Inc., 5.20%, 5/15/35 | 168000 | 171366 |
| Nordson Corp., 4.50%, 12/15/29 | 495000 | 492101 |
| Weir Group, Inc., 5.35%, 5/6/30<sup>(3)</sup> | 421000 | 426711 |
|  |  | 1388943 |
| **Media — 0.1%** |  |  |
| Cox Communications, Inc., 5.70%, 6/15/33<sup>(3)</sup> | 278000 | 279963 |
| Paramount Global, 4.375%, 3/15/43 | 467000 | 353663 |
| Time Warner Cable LLC, 6.55%, 5/1/37 | 429000 | 440992 |
|  |  | 1074618 |
| **Metals and Mining — 0.2%** |  |  |
| Glencore Funding LLC, 5.19%, 4/1/30<sup>(3)</sup> | 600000 | 609952 |
| Glencore Funding LLC, 5.89%, 4/4/54<sup>(3)</sup> | 110000 | 108166 |
| Newmont Corp./Newcrest Finance Pty. Ltd., 5.35%, 3/15/34 | 380000 | 389155 |
| Rio Tinto Finance USA PLC, 5.75%, 3/14/55 | 251000 | 251453 |
|  |  | 1358726 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.1%** |  |  |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 6/15/29<sup>(3)</sup> | 680000 | 660696 |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 7.00%, 7/15/31<sup>(3)</sup> | 525000 | 550258 |
|  |  | 1210954 |
| **Multi-Utilities — 0.2%** |  |  |
| Dominion Energy, Inc., 4.90%, 8/1/41 | 455000 | 410277 |
| Engie SA, 5.875%, 4/10/54<sup>(3)</sup> | 510000 | 511706 |
| NiSource, Inc., 5.35%, 7/15/35 | 340000 | 341260 |
| Sempra, 3.25%, 6/15/27 | 180000 | 175929 |
|  |  | 1439172 |
| **Oil, Gas and Consumable Fuels — 0.7%** |  |  |
| BP Capital Markets America, Inc., 3.06%, 6/17/41 | 250000 | 184398 |
| Cheniere Energy, Inc., 4.625%, 10/15/28 | 385000 | 383068 |
| Columbia Pipelines Operating Co. LLC, 6.04%, 11/15/33<sup>(3)</sup> | 330000 | 347005 |
| Diamondback Energy, Inc., 6.25%, 3/15/33 | 320000 | 340324 |
| Enbridge, Inc., VRN, 6.00%, 1/15/77 | 850000 | 850517 |
| Energy Transfer LP, 6.55%, 12/1/33 | 601000 | 648784 |
| Energy Transfer LP, 6.125%, 12/15/45 | 340000 | 335230 |
| Eni SpA, 5.95%, 5/15/54<sup>(3)</sup> | 307000 | 296273 |
| EOG Resources, Inc., 5.95%, 7/15/55 | 66000 | 66703 |
| Expand Energy Corp., 6.75%, 4/15/29<sup>(3)</sup> | 122000 | 123090 |
| Northern Natural Gas Co., 5.625%, 2/1/54<sup>(3)</sup> | 155000 | 148127 |
| Petroleos Mexicanos, 5.35%, 2/12/28 | 1197000 | 1167835 |
| Petroleos Mexicanos, 6.84%, 1/23/30 | 103000 | 101422 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 1110000 | 1030993 |
| Shell Finance U.S., Inc., 4.375%, 5/11/45 | 180000 | 151718 |
| SM Energy Co., 6.75%, 9/15/26 | 265000 | 265807 |

---

------

---

| | | |
|:---|:---|:---|
| Southern Natural Gas Co. LLC, 5.45%, 8/1/35<sup>(3)</sup> | 125000 | 125279 |
|  |  | 6566573 |
| **Passenger Airlines — 0.0%** |  |  |
| Delta Air Lines, Inc., 4.95%, 7/10/28 | 305000 | 306544 |
| **Pharmaceuticals — 0.0%** |  |  |
| Bristol-Myers Squibb Co., 5.55%, 2/22/54 | 365000 | 353297 |
| **Semiconductors and Semiconductor Equipment — 0.4%** |  |  |
| Foundry JV Holdco LLC, 5.50%, 1/25/31<sup>(3)</sup> | 417000 | 425892 |
| Foundry JV Holdco LLC, 5.90%, 1/25/33<sup>(3)</sup> | 232000 | 238621 |
| Foundry JV Holdco LLC, 5.875%, 1/25/34<sup>(3)</sup> | 180000 | 181927 |
| Foundry JV Holdco LLC, 6.10%, 1/25/36<sup>(3)</sup> | 252000 | 257824 |
| Foundry JV Holdco LLC, 6.30%, 1/25/39<sup>(3)</sup> | 497000 | 512231 |
| Intel Corp., 3.90%, 3/25/30 | 575000 | 553552 |
| Intel Corp., 5.15%, 2/21/34 | 280000 | 277072 |
| Intel Corp., 5.60%, 2/21/54 | 215000 | 190107 |
| Micron Technology, Inc., 5.30%, 1/15/31 | 620000 | 632934 |
|  |  | 3270160 |
| **Software — 0.3%** |  |  |
| AppLovin Corp., 5.125%, 12/1/29 | 107000 | 108326 |
| AppLovin Corp., 5.375%, 12/1/31 | 211000 | 215091 |
| AppLovin Corp., 5.50%, 12/1/34 | 345000 | 349140 |
| Oracle Corp., 3.60%, 4/1/40 | 1112000 | 878139 |
| Oracle Corp., 5.50%, 9/27/64 | 200000 | 178827 |
| Synopsys, Inc., 5.00%, 4/1/32 | 670000 | 677159 |
|  |  | 2406682 |
| **Specialized REITs — 0.1%** |  |  |
| EPR Properties, 4.95%, 4/15/28 | 520000 | 520371 |
| EPR Properties, 3.75%, 8/15/29 | 110000 | 104540 |
| VICI Properties LP, 5.75%, 4/1/34 | 152000 | 155614 |
|  |  | 780525 |
| **Specialty Retail — 0.0%** |  |  |
| Home Depot, Inc., 5.30%, 6/25/54 | 252000 | 240247 |
| **Technology Hardware, Storage and Peripherals — 0.1%** |  |  |
| Apple, Inc., 4.50%, 5/12/32 | 520000 | 523319 |
| Dell International LLC/EMC Corp., 5.30%, 4/1/32 | 168000 | 171483 |
| Hewlett Packard Enterprise Co., 4.85%, 10/15/31 | 295000 | 294003 |
|  |  | 988805 |
| **Trading Companies and Distributors — 0.0%** |  |  |
| Aircastle Ltd., 5.95%, 2/15/29<sup>(3)</sup> | 195000 | 201791 |
| **Wireless Telecommunication Services — 0.1%** |  |  |
| U.S. Cellular Corp., 6.70%, 12/15/33 | 461000 | 485456 |
| **TOTAL CORPORATE BONDS** <br>(Cost $71,060,219) |  | **71013596** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 4.6%** |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 4.5%** |  |  |
| ABN AMRO Mortgage Corp., Series 2003-4, Class A4, 5.50%, 3/25/33 | 1146 | 1139 |
| BRAVO Residential Funding Trust, Series 2024-NQM2, Class A1, 6.29%, 2/25/64<sup>(3)</sup> | 808107 | 813075 |
| BRAVO Residential Funding Trust, Series 2024-RPL1, Class A1, SEQ, VRN, 3.25%, 10/25/63<sup>(3)</sup> | 968134 | 893382 |
| Chase Home Lending Mortgage Trust, Series 2024-10, Class A4, VRN, 6.00%, 10/25/55<sup>(3)</sup> | 897964 | 903519 |
| Chase Home Lending Mortgage Trust, Series 2024-2, Class A4A, SEQ, VRN, 6.00%, 2/25/55<sup>(3)</sup> | 354503 | 356675 |
| Chase Home Lending Mortgage Trust, Series 2024-6, Class A4, VRN, 6.00%, 5/25/55<sup>(3)</sup> | 501192 | 503853 |
| Chase Home Lending Mortgage Trust, Series 2024-8, Class A6A, SEQ, VRN, 5.50%, 8/25/55<sup>(3)</sup> | 616811 | 614612 |
| Chase Home Lending Mortgage Trust, Series 2024-9, Class A4, VRN, 5.50%, 9/25/55<sup>(3)</sup> | 989667 | 989211 |
| Chase Home Lending Mortgage Trust, Series 2024-9, Class A6, SEQ, VRN, 5.50%, 9/25/55<sup>(3)</sup> | 402305 | 401481 |
| Chase Home Lending Mortgage Trust, Series 2025-5, Class A4A, VRN, 5.50%, 4/25/56<sup>(3)</sup> | 1261551 | 1261863 |

---

------

---

| | | |
|:---|:---|:---|
| Chase Home Lending Mortgage Trust, Series 2025-8, Class A4, VRN, 6.00%, 6/25/56<sup>(3)</sup> | 1484325 | 1496948 |
| CHL Mortgage Pass-Through Trust, Series 2005-17, Class 1A11, 5.50%, 9/25/35 | 723 | 717 |
| Citigroup Mortgage Loan Trust, Series 2024-CMI1, Class A11, VRN, 5.50%, 6/25/54<sup>(3)</sup> | 1398776 | 1396303 |
| Citigroup Mortgage Loan Trust, Series 2025-2, Class A10, VRN, 6.00%, 2/25/55<sup>(3)</sup> | 907990 | 915153 |
| Citigroup Mortgage Loan Trust, Series 2025-3, Class A11, VRN, 5.50%, 6/25/55<sup>(3)</sup> | 853177 | 853045 |
| EFMT, Series 2025-CES2, Class A1A, 5.66%, 2/25/60<sup>(3)</sup> | 864781 | 868037 |
| GCAT Trust, Series 2021-NQM1, Class A3, SEQ, VRN, 1.15%, 1/25/66<sup>(3)</sup> | 150492 | 134433 |
| GCAT Trust, Series 2024-INV2, Class A6, SEQ, VRN, 6.00%, 6/25/54<sup>(3)</sup> | 448393 | 451213 |
| GCAT Trust, Series 2024-INV3, Class A6, SEQ, VRN, 5.50%, 9/25/54<sup>(3)</sup> | 589082 | 589140 |
| GS Mortgage-Backed Securities Trust, Series 2023-PJ4, Class A15, SEQ, VRN, 6.00%, 1/25/54<sup>(3)</sup> | 451661 | 454234 |
| GS Mortgage-Backed Securities Trust, Series 2023-PJ6, Class A15, SEQ, VRN, 6.00%, 4/25/54<sup>(3)</sup> | 477739 | 479970 |
| GS Mortgage-Backed Securities Trust, Series 2024-PJ1, Class A15, VRN, 6.00%, 6/25/54<sup>(3)</sup> | 939334 | 942110 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ7, Class A5, VRN, 5.50%, 12/25/55<sup>(3)</sup> | 1347000 | 1345027 |
| JP Morgan Mortgage Trust, Series 2020-3, Class A15, VRN, 3.50%, 8/25/50<sup>(3)</sup> | 141618 | 126495 |
| JP Morgan Mortgage Trust, Series 2023-7, Class A4A, SEQ, VRN, 5.50%, 2/25/54<sup>(3)</sup> | 1156252 | 1154474 |
| JP Morgan Mortgage Trust, Series 2023-8, Class A2, VRN, 6.00%, 2/25/54<sup>(3)</sup> | 297017 | 298794 |
| JP Morgan Mortgage Trust, Series 2024-10, Class A4, VRN, 5.50%, 3/25/55<sup>(3)</sup> | 877410 | 876268 |
| JP Morgan Mortgage Trust, Series 2024-10, Class A6, SEQ, VRN, 5.50%, 3/25/55<sup>(3)</sup> | 647370 | 645331 |
| JP Morgan Mortgage Trust, Series 2024-11, Class A4, VRN, 6.00%, 4/25/55<sup>(3)</sup> | 1350058 | 1358140 |
| JP Morgan Mortgage Trust, Series 2024-11, Class A6, SEQ, VRN, 6.00%, 4/25/55<sup>(3)</sup> | 549192 | 551216 |
| JP Morgan Mortgage Trust, Series 2024-5, Class A6, SEQ, VRN, 6.00%, 11/25/54<sup>(3)</sup> | 694049 | 695106 |
| JP Morgan Mortgage Trust, Series 2024-INV1, Class A4, SEQ, VRN, 6.00%, 4/25/55<sup>(3)</sup> | 785072 | 790930 |
| JP Morgan Mortgage Trust, Series 2025-2, Class A4, VRN, 6.00%, 7/25/55<sup>(3)</sup> | 1227877 | 1238063 |
| MFA Trust, Series 2021-INV2, Class A3, SEQ, VRN, 2.26%, 11/25/56<sup>(3)</sup> | 527572 | 472749 |
| MFA Trust, Series 2024-NQM1, Class A1, SEQ, 6.58%, 3/25/69<sup>(3)</sup> | 576032 | 581779 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2025-1, Class A3, VRN, 6.00%, 3/25/55<sup>(3)</sup> | 628560 | 631409 |
| OBX Trust, Series 2024-HYB1, Class A1, SEQ, VRN, 3.63%, 3/25/53<sup>(3)</sup> | 210034 | 206740 |
| OBX Trust, Series 2024-HYB2, Class A1, SEQ, VRN, 3.67%, 4/25/53<sup>(3)</sup> | 344965 | 341940 |
| OBX Trust, Series 2024-NQM7, Class A1, 6.24%, 3/25/64<sup>(3)</sup> | 299243 | 301681 |
| OBX Trust, Series 2025-J1, Class A4, SEQ, VRN, 6.00%, 5/25/55<sup>(3)</sup> | 635081 | 641600 |
| Provident Funding Mortgage Trust, Series 2024-1, Class A3, VRN, 5.50%, 12/25/54<sup>(3)</sup> | 1339102 | 1338106 |
| Provident Funding Mortgage Trust, Series 2025-1, Class A3, VRN, 5.50%, 2/25/55<sup>(3)</sup> | 1684176 | 1683296 |
| Provident Funding Mortgage Trust, Series 2025-3, Class A4, VRN, 5.50%, 7/25/55<sup>(3)</sup> | 1300000 | 1297499 |
| Radian Mortgage Capital Trust, Series 2025-J3, Class A15, VRN, 5.50%, 12/25/55<sup>(3)</sup> | 600000 | 598747 |
| Rate Mortgage Trust, Series 2024-J1, Class A7, SEQ, VRN, 6.00%, 7/25/54<sup>(3)</sup> | 496827 | 498108 |
| Rate Mortgage Trust, Series 2024-J3, Class A8, SEQ, VRN, 5.50%, 10/25/54<sup>(3)</sup> | 335184 | 334254 |
| Rate Mortgage Trust, Series 2025-J1, Class A5, VRN, 5.50%, 3/25/55<sup>(3)</sup> | 388990 | 389104 |
| RCKT Mortgage Trust, Series 2024-CES8, Class A1A, 5.49%, 11/25/44<sup>(3)</sup> | 680774 | 681097 |
| Saluda Grade Alternative Mortgage Trust, Series 2024-CES1, Class A1, SEQ, VRN, 6.31%, 3/25/54<sup>(3)</sup> | 741700 | 746511 |
| Sequoia Mortgage Trust, Series 2024-10, Class A11, VRN, 5.50%, 11/25/54<sup>(3)</sup> | 385451 | 384232 |
| Sequoia Mortgage Trust, Series 2024-10, Class A5, SEQ, VRN, 5.50%, 11/25/54<sup>(3)</sup> | 515396 | 514715 |
| Sequoia Mortgage Trust, Series 2024-6, Class A11, SEQ, VRN, 6.00%, 7/27/54<sup>(3)</sup> | 783200 | 785331 |
| Sequoia Mortgage Trust, Series 2024-8, Class A5, SEQ, VRN, 5.50%, 9/25/54<sup>(3)</sup> | 433257 | 432542 |
| Sequoia Mortgage Trust, Series 2025-7, Class A5, SEQ, VRN, 5.50%, 8/25/55<sup>(3)</sup> | 1550000 | 1551966 |
| SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46<sup>(3)</sup> | 33618 | 29940 |
| Towd Point Mortgage Trust, Series 2024-1, Class A1, SEQ, VRN, 4.83%, 3/25/64<sup>(3)</sup> | 999523 | 1007269 |
| Verus Securitization Trust, Series 2021-R2, Class A2, VRN, 1.12%, 2/25/64<sup>(3)</sup> | 135249 | 125244 |
| Verus Securitization Trust, Series 2021-R2, Class A3, VRN, 1.23%, 2/25/64<sup>(3)</sup> | 154662 | 143238 |
|  |  | 40119054 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 0.1%** |  |  |
| FHLMC, Series 2023-HQA2, Class M1A, VRN, 6.35%, (30-day average SOFR plus 2.00%), 6/25/43<sup>(3)</sup> | 92816 | 93352 |
| FNMA, Series 2017-C03, Class 1M2C, VRN, 7.46%, (30-day average SOFR plus 3.11%), 10/25/29 | 103658 | 105386 |

---

------

---

| | | |
|:---|:---|:---|
| FNMA, Series 2023-39, Class AI, IO, 2.00%, 7/25/52 | 7537209 | 1003459 |
|  |  | 1202197 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** <br>(Cost $41,110,094) |  | **41321251** |
| **CONVERTIBLE PREFERRED SECURITIES — 1.8%** |  |  |
| **Banks — 1.5%** |  |  |
| Australia & New Zealand Banking Group Ltd., 6.75%<sup>(3)</sup> | 205000 | 208100 |
| Banco Bilbao Vizcaya Argentaria SA, 6.125% | 600000 | 596169 |
| Banco Santander SA, 4.75% | 600000 | 588316 |
| BNP Paribas SA, 8.50%<sup>(3)</sup> | 422000 | 451026 |
| BNP Paribas SA, 7.375%<sup>(3)</sup> | 300000 | 300675 |
| BNP Paribas SA, 4.625%<sup>(3)</sup> | 392000 | 384826 |
| Credit Agricole SA, 8.125%<sup>(3)</sup> | 1550000 | 1568344 |
| Danske Bank AS, 4.375% | 1470000 | 1452580 |
| ING Groep NV, 5.75% | 1250000 | 1247077 |
| Intesa Sanpaolo SpA, 7.70%<sup>(3)</sup> | 555000 | 557774 |
| Lloyds Banking Group PLC, 6.75% | 200000 | 202026 |
| Lloyds Banking Group PLC, 7.50% | 1085000 | 1089043 |
| Macquarie Bank Ltd., 6.125%<sup>(3)</sup> | 647000 | 653922 |
| NatWest Group PLC, 6.00% | 1120000 | 1124447 |
| Nordea Bank Abp, 6.625%<sup>(3)</sup> | 1250000 | 1260084 |
| Skandinaviska Enskilda Banken AB, 6.875% | 800000 | 818767 |
| Societe Generale SA, 4.75%<sup>(3)</sup> | 492000 | 487329 |
| Societe Generale SA, 9.375%<sup>(3)</sup> | 200000 | 214559 |
|  |  | 13205064 |
| **Capital Markets — 0.1%** |  |  |
| Deutsche Bank AG, 6.00% | 600000 | 599145 |
| UBS Group AG, 9.25%<sup>(3)</sup> | 485000 | 533515 |
|  |  | 1132660 |
| **Insurance — 0.2%** |  |  |
| Allianz SE, 3.50%<sup>(3)</sup> | 1400000 | 1384290 |
| **TOTAL CONVERTIBLE PREFERRED SECURITIES** <br>(Cost $15,548,080) |  | **15722014** |
| **ASSET-BACKED SECURITIES — 1.6%** |  |  |
| Aligned Data Centers Issuer LLC, Series 2021-1A, Class B, 2.48%, 8/15/46<sup>(3)</sup> | 642000 | 617119 |
| Blackbird Capital II Aircraft Lease Ltd., Series 2021-1A, Class A, SEQ, 2.44%, 7/15/46<sup>(3)</sup> | 592619 | 554517 |
| BRAVO Residential Funding Trust, Series 2024-CES1, Class A1A, 6.38%, 4/25/54<sup>(3)</sup> | 559624 | 564735 |
| Capital Automotive REIT, Series 2024-2A, Class A1, SEQ, 4.90%, 5/15/54<sup>(3)</sup> | 738833 | 733889 |
| CyrusOne Data Centers Issuer I LLC, Series 2024-2A, Class A2, SEQ, 4.50%, 5/20/49<sup>(3)</sup> | 700000 | 681067 |
| DI Issuer LLC, Series 2021-1A, Class A2, SEQ, 3.72%, 9/15/51<sup>(3)</sup> | 1748776 | 1656085 |
| Flexential Issuer, Series 2021-1A, Class A2, SEQ, 3.25%, 11/27/51<sup>(3)</sup> | 1000000 | 966231 |
| Goodgreen Trust, Series 2018-1A, Class A, VRN, 3.93%, 10/15/53<sup>(3)</sup> | 248220 | 227246 |
| Goodgreen Trust, Series 2020-1A, Class A, SEQ, 2.63%, 4/15/55<sup>(3)</sup> | 474856 | 390089 |
| Hotwire Funding LLC, Series 2024-1A, Class A2, SEQ, 5.89%, 6/20/54<sup>(3)</sup> | 600000 | 606662 |
| New Economy Assets - Phase 1 Sponsor LLC, Series 2021-1, Class B1, 2.41%, 10/20/61<sup>(3)</sup> | 1350000 | 1068172 |
| PK Alift Loan Funding 3 LP, Series 2024-1, Class A1, SEQ, 5.84%, 9/15/39<sup>(3)</sup> | 583496 | 592636 |
| RCKT Mortgage Trust, Series 2024-CES1, Class A1A, VRN, 6.03%, 2/25/44<sup>(3)</sup> | 569693 | 572171 |
| RCKT Mortgage Trust, Series 2024-CES2, Class A1A, VRN, 6.14%, 4/25/44<sup>(3)</sup> | 357350 | 359933 |
| RCKT Mortgage Trust, Series 2024-CES3, Class A1A, VRN, 6.59%, 5/25/44<sup>(3)</sup> | 253779 | 256914 |
| RCKT Mortgage Trust, Series 2024-CES4, Class A1A, 6.15%, 6/25/44<sup>(3)</sup> | 764983 | 770734 |
| RCKT Mortgage Trust, Series 2024-CES6, Class A1A, 5.34%, 9/25/44<sup>(3)</sup> | 267896 | 268499 |
| SCF Equipment Leasing LLC, Series 2024-1A, Class B, 5.56%, 4/20/32<sup>(3)</sup> | 300000 | 308609 |
| SCF Equipment Leasing LLC, Series 2024-1A, Class C, 5.82%, 9/20/32<sup>(3)</sup> | 150000 | 154246 |
| Sierra Timeshare Receivables Funding LLC, Series 2021-1A, Class C, 1.79%, 11/20/37<sup>(3)</sup> | 65730 | 64779 |
| Subway Funding LLC, Series 2024-1A, Class A2I, SEQ, 6.03%, 7/30/54<sup>(3)</sup> | 1183060 | 1200242 |

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| | | |
|:---|:---|:---|
| Switch ABS Issuer LLC, Series 2024-2A, Class A2, SEQ, 5.44%, 6/25/54<sup>(3)</sup> | 525000 | 525474 |
| Towd Point Mortgage Trust, Series 2024-CES3, Class A1, VRN, 6.29%, 5/25/64<sup>(3)</sup> | 569691 | 575162 |
| **TOTAL ASSET-BACKED SECURITIES** <br>(Cost $14,100,911) |  | **13715211** |
| **PREFERRED SECURITIES — 1.0%** |  |  |
| **Banks — 0.6%** |  |  |
| Bank of America Corp., 6.25% | 810000 | 809238 |
| Citigroup, Inc., 6.875% | 560000 | 566160 |
| Citigroup, Inc., 3.875% | 845000 | 837178 |
| Citigroup, Inc., 4.00% | 1097000 | 1092419 |
| Citizens Financial Group, Inc., 5.65% | 725000 | 724984 |
| Fifth Third Bancorp, 4.50% | 545000 | 544069 |
| M&T Bank Corp., 5.125% | 40000 | 39658 |
| Wells Fargo & Co., 3.90% | 1110000 | 1100338 |
|  |  | 5714044 |
| **Capital Markets — 0.2%** |  |  |
| Charles Schwab Corp., 4.00% | 925000 | 912982 |
| Charles Schwab Corp., 5.00% | 740000 | 736612 |
|  |  | 1649594 |
| **Consumer Finance — 0.1%** |  |  |
| American Express Co., 3.55% | 1120000 | 1097468 |
| **Multi-Utilities — 0.1%** |  |  |
| Sempra, 4.875% | 770000 | 768292 |
| **TOTAL PREFERRED SECURITIES** <br>(Cost $9,145,717) |  | **9229398** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.8%** |  |  |
| ARZ Trust, Series 2024-BILT, Class A, SEQ, 5.77%, 6/11/29<sup>(3)</sup> | 505000 | 516340 |
| Bank5, Series 2024-5YR7, Class A3, SEQ, 5.77%, 6/15/57 | 1267000 | 1311966 |
| Bank5 Trust, Series 2024-5YR6, Class A3, SEQ, 6.23%, 5/15/57 | 692000 | 725428 |
| BBCMS Mortgage Trust, Series 2024-5C27, Class A3, SEQ, 6.01%, 7/15/57 | 338000 | 353095 |
| BX Trust, Series 2023-LIFE, Class A, SEQ, 5.05%, 2/15/28<sup>(3)</sup> | 1064000 | 1045967 |
| DBSG Mortgage Trust, Series 2024-ALTA, Class A, SEQ, VRN, 5.95%, 6/10/37<sup>(3)</sup> | 557000 | 564252 |
| FS Commercial Mortgage Trust, Series 2023-4SZN, Class A, SEQ, 7.07%, 11/10/39<sup>(3)</sup> | 760000 | 776209 |
| MIRA Trust, Series 2023-MILE, Class A, SEQ, 6.75%, 6/10/38<sup>(3)</sup> | 765000 | 791722 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A, VRN, 5.78%, (1-month SOFR plus 1.44%), 2/15/42<sup>(3)</sup> | 1213000 | 1208837 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** <br>(Cost $7,214,590) |  | **7293816** |
| **COLLATERALIZED LOAN OBLIGATIONS — 0.7%** |  |  |
| ACREC LLC, Series 2023-FL2, Class A, VRN, 6.57%, (1-month SOFR plus 2.23%), 2/19/38<sup>(3)</sup> | 446103 | 447417 |
| Elmwood CLO 37 Ltd., Series 2024-13A, Class C, VRN, 6.02%, (3-month SOFR plus 1.70%), 1/17/38<sup>(3)</sup> | 850000 | 850632 |
| GoldenTree Loan Management U.S. CLO 23 Ltd., Series 2024-23A, Class C, VRN, 6.08%, (3-month SOFR plus 1.75%), 1/20/39<sup>(3)</sup> | 850000 | 851374 |
| Madison Park Funding LXVIII Ltd., Series 2024-68A, Class C, VRN, 6.13%, (3-month SOFR plus 1.80%), 1/20/38<sup>(3)</sup> | 843000 | 845162 |
| Magnetite XLI Ltd., Series 2024-41A, Class C, VRN, 6.10%, (3-month SOFR plus 1.78%), 1/25/38<sup>(3)</sup> | 400000 | 400686 |
| MF1 Ltd., Series 2021-FL7, Class AS, VRN, 5.91%, (1-month SOFR plus 1.56%), 10/16/36<sup>(3)</sup> | 1075000 | 1071770 |
| Mountain View CLO LLC, Series 2017-2A, Class B, VRN, 6.28%, (3-month SOFR plus 1.96%), 1/16/31<sup>(3)</sup> | 236371 | 237060 |
| Palmer Square Loan Funding Ltd., Series 2025-1A, Class A2, VRN, 5.52%, (3-month SOFR plus 1.20%), 2/15/33<sup>(3)</sup> | 500000 | 497230 |
| Ready Capital Mortgage Financing LLC, Series 2023-FL12, Class A, VRN, 6.69%, (1-month SOFR plus 2.34%), 5/25/38<sup>(3)</sup> | 65251 | 65277 |
| Shackleton CLO Ltd., Series 2017-11A, Class BR1, VRN, 6.24%, (3-month SOFR plus 1.91%), 8/15/30<sup>(3)</sup> | 900000 | 901350 |

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| | | | |
|:---|:---|:---|:---|
| THL Credit Wind River CLO Ltd., Series 2013-2A, Class BR2, VRN, 6.16%, (3-month SOFR plus 1.83%), 10/18/30<sup>(3)</sup> | THL Credit Wind River CLO Ltd., Series 2013-2A, Class BR2, VRN, 6.16%, (3-month SOFR plus 1.83%), 10/18/30<sup>(3)</sup> | 182290 | 182430 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS** <br>(Cost $6,345,870) |  |  | **6350388** |
| **EXCHANGE-TRADED FUNDS — 0.6%** |  |  |  |
| iShares Core S&P 500 ETF <br>(Cost $4,845,679) |  | 7610 | **4831589** |
| **U.S. GOVERNMENT AGENCY SECURITIES — 0.5%** |  |  |  |
| FHLMC, 6.25%, 7/15/32 |  | 700000 | 789417 |
| FNMA, 0.75%, 10/8/27 |  | 2000000 | 1868569 |
| FNMA, 0.875%, 8/5/30 |  | 1900000 | 1637269 |
| FNMA, 6.625%, 11/15/30 |  | 400000 | 450212 |
| **TOTAL U.S. GOVERNMENT AGENCY SECURITIES** <br>(Cost $4,879,610) |  |  | **4745467** |
| **MUNICIPAL SECURITIES — 0.4%** |  |  |  |
| California State University Rev., 2.98%, 11/1/51 |  | 500000 | 331742 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.09%, 1/15/49 |  | 275000 | 218490 |
| Golden State Tobacco Securitization Corp. Rev., 2.75%, 6/1/34 |  | 660000 | 570808 |
| Houston GO, 3.96%, 3/1/47 |  | 120000 | 99199 |
| Michigan Strategic Fund Rev., (Flint Water Advocacy Fund), 3.23%, 9/1/47 |  | 570000 | 420095 |
| Missouri Highway & Transportation Commission Rev., 5.45%, 5/1/33 |  | 130000 | 131917 |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41 |  | 95000 | 108686 |
| New York City GO, 6.27%, 12/1/37 |  | 95000 | 101394 |
| Ohio Turnpike & Infrastructure Commission Rev., 3.22%, 2/15/48 |  | 330000 | 237011 |
| Port Authority of New York & New Jersey Rev., 4.93%, 10/1/51 |  | 50000 | 45860 |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60 |  | 245000 | 154071 |
| State of California GO, 4.60%, 4/1/28, Prerefunded at 100% of Par<sup>(5)</sup> |  | 180000 | 182099 |
| State of California GO, 7.60%, 11/1/40 |  | 80000 | 96135 |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41 |  | 185000 | 187574 |
| United Nations Development Corp. Rev., (City of New York), Series A, 6.54%, 8/1/55 |  | 55000 | 57284 |
| University of California Rev., 3.07%, 5/15/51 |  | 180000 | 116271 |
| **TOTAL MUNICIPAL SECURITIES** <br>(Cost $3,733,329) |  |  | **3058636** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 0.2%** |  |  |  |
| **Brazil — 0.0%** |  |  |  |
| Brazil Government International Bonds, 6.625%, 3/15/35 |  | 327000 | 329031 |
| **Chile — 0.0%** |  |  |  |
| Chile Government International Bonds, 5.33%, 1/5/54 |  | 170000 | 159677 |
| **Luxembourg — 0.1%** |  |  |  |
| Eagle Funding Luxco SARL, 5.50%, 8/17/30<sup>(3)(4)</sup> |  | 865000 | 869974 |
| **New Zealand — 0.1%** |  |  |  |
| New Zealand Government Bonds, 4.50%, 5/15/35 | NZD | 1200000 | 705981 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES** <br>(Cost $2,068,899) |  |  | **2064663** |
| **SHORT-TERM INVESTMENTS — 0.5%** |  |  |  |
| **Money Market Funds — 0.5%** |  |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class (Cost $4,714,746) |  | 4714746 | **4714746** |
| **TOTAL INVESTMENT SECURITIES — 102.5%** <br>(Cost $696,787,689) |  |  | **917482360** |
| **OTHER ASSETS AND LIABILITIES — (2.5)%** |  |  | **(22055786)** |
| **TOTAL NET ASSETS — 100.0%** |  |  | $**895426574** |

---

------

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** | **FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS** |
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| EUR | 79689 | USD | 94513 | Goldman Sachs & Co. LLC | 9/26/25 | $(3253) |
| EUR | 132688 | USD | 154575 | Goldman Sachs & Co. LLC | 9/26/25 | (2620) |
| EUR | 607723 | USD | 712337 | JPMorgan Chase Bank NA | 9/26/25 | (16368) |
| EUR | 557367 | USD | 654942 | Morgan Stanley & Co. LLC | 9/26/25 | (16640) |
| EUR | 27595 | USD | 32409 | Morgan Stanley & Co. LLC | 9/26/25 | (807) |
| EUR | 51390 | USD | 60709 | Morgan Stanley & Co. LLC | 9/26/25 | (1857) |
| USD | 650619 | EUR | 560825 | Goldman Sachs & Co. LLC | 9/26/25 | 8358 |
| USD | 650859 | EUR | 560825 | JPMorgan Chase Bank NA | 9/26/25 | 8598 |
| USD | 650060 | EUR | 560825 | Morgan Stanley & Co. LLC | 9/26/25 | 7799 |
| USD | 153920 | EUR | 131555 | Morgan Stanley & Co. LLC | 9/26/25 | 3262 |
| USD | 42887 | EUR | 36683 | Morgan Stanley & Co. LLC | 9/26/25 | 877 |
| USD | 47123 | EUR | 40319 | Morgan Stanley & Co. LLC | 9/26/25 | 950 |
| USD | 49601 | EUR | 42797 | Morgan Stanley & Co. LLC | 9/26/25 | 590 |
| USD | 650568 | EUR | 560825 | UBS AG | 9/26/25 | 8307 |
| USD | 704346 | NZD | 1167585 | Goldman Sachs & Co. LLC | 9/17/25 | 15445 |
|  |  |  |  |  |  | $12641 |

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| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | | | | |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| U.S. Treasury 10-Year Ultra Notes | 57 | September 2025 | $6445453 | $8879 |
| U.S. Treasury Long Bonds | 27 | September 2025 | 3083063 | 49494 |
| U.S. Treasury Ultra Bonds | 100 | September 2025 | 11731250 | 147618 |
|  |  |  | $21259766 | $205991 |

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^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> |
| **Reference Entity** | **Type** | **Fixed<br>Rate<br>Received<br>(Paid)<br>Quarterly** | **Termination<br>Date** | **Notional<br>Amount** | **Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Value^** |
| Markit CDX North America High Yield Index Series 44 | Buy | (5.00)% | 6/20/30 | $3500000 | $(254204) | $(18992) | $(273196) |

---

§Credit default swap agreements enable the fund to buy/sell protection against a credit event of a specific issuer or index. As a seller of credit protection against a security or basket of securities, the fund receives an upfront and/or periodic payment to compensate against potential default events. The fund may attempt to enhance returns by selling protection.

^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.

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| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| ADR | – | American Depositary Receipt |
| CDX | – | Credit Derivatives Indexes |
| EUR | – | Euro |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| IO | – | Interest Only |
| NZD | – | New Zealand Dollar |
| RFUCC | – | FTSE USD IBOR Consumer Cash Fallbacks |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| UMBS | – | Uniform Mortgage-Backed Securities |
| USD | – | United States Dollar |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

(1)Non-income producing.

(2)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, forward foreign currency exchange contracts, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $1,110,157.

(3)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $90,855,204, which represented 10.1% of total net assets.

(4)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(5)Escrowed to maturity in U.S. government securities or state and local government securities.

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**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS** 

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Directors oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, municipal securities, and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Collateralized loan obligations are valued based on discounted cash flow models that consider trade and economic data, prepayment assumptions and default projections.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred securities and convertible preferred securities with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers. Forward foreign currency exchange contracts are valued at the mean of the appropriate forward exchange rate at the close of the NYSE as provided by an independent pricing service.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

------

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | **Assets** | **Assets** | **Assets** |
| **Investment Securities** | **Investment Securities** | **Investment Securities** | **Investment Securities** |
| Common Stocks | $536145488 | $1347334 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 123643384 |  |
| U.S. Treasury Securities |  | 72285379 |  |
| Corporate Bonds |  | 71013596 |  |
| Collateralized Mortgage Obligations |  | 41321251 |  |
| Convertible Preferred Securities |  | 15722014 |  |
| Asset-Backed Securities |  | 13715211 |  |
| Preferred Securities |  | 9229398 |  |
| Commercial Mortgage-Backed Securities |  | 7293816 |  |
| Collateralized Loan Obligations |  | 6350388 |  |
| Exchange-Traded Funds | 4831589 |  |  |
| U.S. Government Agency Securities |  | 4745467 |  |
| Municipal Securities |  | 3058636 |  |
| Sovereign Governments and Agencies |  | 2064663 |  |
| Short-Term Investments | 4714746 |  |  |
|  | $545691823 | $371790537 |  |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
| Futures Contracts | $205991 |  |  |
| Forward Foreign Currency Exchange Contracts |  | $54186 |  |
|  | $205991 | $54186 |  |
| **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** | **Other Financial Instruments** |
| Swap Agreements |  | $273196 |  |
| Forward Foreign Currency Exchange Contracts |  | 41545 |  |
|  |  | $314741 |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual financial statements.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century Mutual Funds, Inc.

- **b. Investment Company Act file number:** 811-00816

- **c. CIK number of Registrant:** 0000100334

- **d. LEI of Registrant:** 549300DMFK0SMVLOE939

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

- **a. Name of Series:** Balanced Fund

- **b. EDGAR series identifier (if any):** S000006192

- **c. LEI of Series:** TEE5XU4ZMMYOHLLT7896

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

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

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $921342268.50

**Total Liabilities:** $25838031.94

**Net Assets:** $895504236.56

**Cash Not Reported:** $0.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 196.000000000000 | **1-Year:** 2938.000000000000 | **5-Year:** 12501.000000000000 | **10-Year:** 29923.000000000000 | **30-Year:** 82343.000000000000

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

- **3-Month:** 6.000000000000 | **1-Year:** 235.000000000000 | **5-Year:** 654.000000000000 | **10-Year:** 505.000000000000 | **30-Year:** 1687.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017045 | 3.49%                | 3.55%                | 0.94%                |
| Class ID C000017047 | 3.49%                | 3.60%                | 0.89%                |
| Class ID C000189734 | 3.44%                | 3.60%                | 0.94%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1382875.40              | $27369557.27                               |
| Month 2  | $4430205.61              | $24762349.23                               |
| Month 3  | $4719558.23              | $2598668.99                                |

**Designated Index Information**

- **Index Name:** 60% S&P 500/40% Bloomberg U.S. Aggregate Bond

- **Index Identifier:** 60% S&P 500/40% Bloomberg U.S. Aggregate Bond

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GOLDMAN SACHS + CO LLC                                                | BOUGHT EUR/SOLD USD                                                                       | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-2619.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | BOUGHT EUR/SOLD USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-807.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | BOUGHT EUR/SOLD USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-1857.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | SOLD NZD/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $15445.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $8357.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                                                | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $8307.29      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $7799.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK N.A                                               | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $8598.37      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $3262.39      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $876.85       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $950.13       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | SOLD EUR/BOUGHT USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $589.60       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS + CO LLC                                                | BOUGHT EUR/SOLD USD                                                                       | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-3253.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY AND CO., LLC                                           | BOUGHT EUR/SOLD USD                                                                       | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-16640.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK N.A                                               | BOUGHT EUR/SOLD USD                                                                       | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              | CORP              | N/A       |         1 | NC      | $-16367.76    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc 5.30 06/15/2035                                                    | CUSIP: 91324PFQ0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    393000 | PA      | $397289.04    | 0.04%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue | Regents of the University of California Medical Center Pooled Revenue 3.26% 05/15/2060    | CUSIP: 913366KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $154070.82    | 0.02%             | 2060-05-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| Universal Health Services Inc                                         | Universal Health Services Inc 5.05 10/15/2034                                             | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    240000 | PA      | $228242.65    | 0.03%             | 2034-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                              | University of California 3.07% 05/15/2051                                                 | CUSIP: 91412HKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $116270.84    | 0.01%             | 2051-05-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                             | Amgen Inc 5.65 03/02/2053                                                                 | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    435000 | PA      | $420925.90    | 0.05%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                   | Antares Holdings LP 6.35 10/23/2029                                                       | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | CA        |    665000 | PA      | $670659.97    | 0.07%             | 2029-10-23      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                             | Apple Inc 4.50 05/12/2032                                                                 | CUSIP: 037833FA3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    520000 | PA      | $523318.97    | 0.06%             | 2032-05-12      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp 5.13 12/01/2029                                                             | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    107000 | PA      | $108325.65    | 0.01%             | 2029-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp 5.38 12/01/2031                                                             | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    211000 | PA      | $215090.75    | 0.02%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                         | AppLovin Corp 5.50 12/01/2034                                                             | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136620.24    | 0.02%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Co                                             | Arizona Public Service Co 5.70 08/15/2034                                                 | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    292000 | PA      | $301698.17    | 0.03%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc                                                   | Ashtead Capital Inc 5.95 10/15/2033                                                       | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    400000 | PA      | $415295.87    | 0.05%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                 | Athene Global Funding 5.53 07/11/2031                                                     | CUSIP: 04685A3Z2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    292000 | PA      | $298159.23    | 0.03%             | 2031-07-11      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                         | Atlas Warehouse Lending Co LP 6.25 01/15/2030                                             | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009226.47   | 0.11%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd                             | Australia & New Zealand Banking Group Ltd 2.57 11/25/2035                                 | CUSIP: 052528AM8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    599000 | PA      | $525003.17    | 0.06%             | 2035-11-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd/United Kingdom              | Australia & New Zealand Banking Group Ltd/United Kingdom (pfd) 6.75% 12/15/2173 Perpetual | CUSIP: 05254HAA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | EP               | CORP              | GB        |    205000 | NS      | $208100.14    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd                                           | Avolon Holdings Funding Ltd 6.38 05/04/2028                                               | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |    148000 | PA      | $154119.80    | 0.02%             | 2028-05-04      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd                                           | Avolon Holdings Funding Ltd 5.15 01/15/2030                                               | CUSIP: 05401AAX9<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | IE        |    128000 | PA      | $129020.79    | 0.01%             | 2030-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust 2024-5C27                                        | BBCMS Mortgage Trust 2024-5C27 6.01                                                       | CUSIP: 05555FAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    338000 | PA      | $353095.11    | 0.04%             | 2057-07-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                        | BNP Paribas SA (pfd) 8.50% 02/14/2174 Perpetual                                           | CUSIP: 05565A5R0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    422000 | NS      | $451026.43    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                        | BNP Paribas SA (pfd) 7.38% 02/19/2174 Perpetual                                           | CUSIP: 05565AAN3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    300000 | NS      | $300675.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                        | BNP Paribas SA (pfd) 4.63% 07/12/2174 Perpetual                                           | CUSIP: 05565AB28<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    392000 | NS      | $384825.69    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                               | BPCE SA 3.65 01/14/2037                                                                   | CUSIP: 05578QAH6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    480000 | PA      | $424056.54    | 0.05%             | 2037-01-14      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| BX Trust 2023-LIFE                                                    | BX Trust 2023-LIFE 5.05                                                                   | CUSIP: 05609DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1064000 | PA      | $1045967.12   | 0.12%             | 2028-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                    | Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2174 Perpetual                       | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EP               | CORP              | ES        |    600000 | NS      | $596168.64    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                    | Banco Santander SA (pfd) 4.75% 08/12/2173 Perpetual                                       | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EP               | CORP              | ES        |    600000 | NS      | $588315.54    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                  | Bank of America Corp 5.51 01/24/2036                                                      | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    340000 | PA      | $348533.82    | 0.04%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                  | Bank of America Corp (pfd) 6.25% 10/26/2173 Perpetual                                     | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    810000 | NS      | $809238.54    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR7                                                       | BANK5 2024-5YR7 5.77                                                                      | CUSIP: 06211UBL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1267000 | PA      | $1311965.83   | 0.15%             | 2057-06-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                      | Bank of Montreal 6.88 11/26/2085                                                          | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    560000 | PA      | $562520.00    | 0.06%             | 2085-11-26      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                               | Bank of Nova Scotia/The 3.63 10/27/2081                                                   | CUSIP: 0641598N9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    165000 | PA      | $154077.92    | 0.02%             | 2081-10-27      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                       | CVS Health Corp 7.00 03/10/2055                                                           | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    245000 | PA      | $252678.30    | 0.03%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust 2005-17                               | CHL Mortgage Pass-Through Trust 2005-17 5.50                                              | CUSIP: 12669G5X5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       723 | PA      | $716.95       | 0.00%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                   | State of California 7.60% 11/01/2040                                                      | CUSIP: 13063BJC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $96134.78     | 0.01%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| State of California                                                   | State of California 4.60% 04/01/2038                                                      | CUSIP: 13063DGE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $182098.84    | 0.02%             | 2038-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| California State University                                           | California State University 2.98% 11/01/2051                                              | CUSIP: 13077DKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $331742.10    | 0.04%             | 2051-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                    | Canadian Imperial Bank of Commerce 7.00 10/28/2085                                        | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    795000 | PA      | $804142.50    | 0.09%             | 2085-10-28      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                            | Capital One Financial Corp 2.36 07/29/2032                                                | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    160000 | PA      | $136285.57    | 0.02%             | 2032-07-29      | Variable      | 2.36%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                         | Carnival Corp 4.00 08/01/2028                                                             | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    585000 | PA      | $568546.88    | 0.06%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                       | Caterpillar Inc 5.20 05/15/2035                                                           | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    168000 | PA      | $171366.28    | 0.02%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Centene Corp                                                          | Centene Corp 4.63 12/15/2029                                                              | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    170000 | PA      | $161770.32    | 0.02%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-8                              | Chase Home Lending Mortgage Trust 2024-8 5.50                                             | CUSIP: 16159XAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    616811 | PA      | $614611.51    | 0.07%             | 2055-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-10                             | Chase Home Lending Mortgage Trust 2024-10 6.00                                            | CUSIP: 16159YAD2<br>LEI: 529900OE9S6KWRJHHJ57 | Long             | ABS-MBS          | CORP              | US        |    897964 | PA      | $903518.51    | 0.10%             | 2055-10-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                              | Chase Home Lending Mortgage Trust 2024-9 5.50                                             | CUSIP: 16160QAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    989667 | PA      | $989211.22    | 0.11%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                              | Chase Home Lending Mortgage Trust 2024-9 5.50                                             | CUSIP: 16160QAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    402305 | PA      | $401480.54    | 0.04%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-8                              | Chase Home Lending Mortgage Trust 2025-8 6.00                                             | CUSIP: 16162UAD5<br>LEI: 529900CHSDEA1SX67419 | Long             | ABS-MBS          | CORP              | US        |   1484325 | PA      | $1496948.13   | 0.17%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust Series 2024-2                       | Chase Home Lending Mortgage Trust Series 2024-2 6.00                                      | CUSIP: 161929BH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    354503 | PA      | $356675.28    | 0.04%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust Series 2024-6                       | Chase Home Lending Mortgage Trust Series 2024-6 6.00                                      | CUSIP: 161931AD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    501192 | PA      | $503853.13    | 0.06%             | 2055-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-5                              | Chase Home Lending Mortgage Trust 2025-5 5.50                                             | CUSIP: 161935AE1<br>LEI: 529900V91KVGSU3Z1A61 | Long             | ABS-MBS          | CORP              | US        |   1261551 | PA      | $1261862.63   | 0.14%             | 2056-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                   | Cheniere Energy Inc 4.63 10/15/2028                                                       | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    385000 | PA      | $383068.31    | 0.04%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bond                                   | Chile Government International Bond 5.33 01/05/2054                                       | CUSIP: 168863EA2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    170000 | PA      | $159676.75    | 0.02%             | 2054-01-05      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Cisco Systems Inc/Delaware                                            | Cisco Systems Inc 5.50 02/24/2055                                                         | CUSIP: 17275RCA8<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    257000 | PA      | $254725.43    | 0.03%             | 2055-02-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-2                                  | Citigroup Mortgage Loan Trust 2025-2 6.00                                                 | CUSIP: 17292BAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    907990 | PA      | $915152.68    | 0.10%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc 4.41 03/31/2031                                                             | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118629.14    | 0.01%             | 2031-03-31      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc (pfd) 4.00% 03/10/2174 Perpetual                                            | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   1097000 | NS      | $1092418.82   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc (pfd) 3.88% 05/18/2174 Perpetual                                            | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    845000 | NS      | $837178.43    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                                           | Citibank NA 4.91 05/29/2030                                                               | CUSIP: 17325FBP2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    531000 | PA      | $539487.61    | 0.06%             | 2030-05-29      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc 5.61 03/04/2056                                                             | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    185000 | PA      | $180638.59    | 0.02%             | 2056-03-04      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.00                                                                     | CUSIP: 3133L8JQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1399814 | PA      | $1284682.02   | 0.14%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp                                       | Federal Home Loan Mortgage Corp 6.25 07/15/2032                                           | CUSIP: 3134A4KX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    700000 | PA      | $789416.50    | 0.09%             | 2032-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | Federal National Mortgage Association 6.63 11/15/2030                                     | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    400000 | PA      | $450212.24    | 0.05%             | 2030-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | Federal National Mortgage Association 0.88 08/05/2030                                     | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1900000 | PA      | $1637269.06   | 0.18%             | 2030-08-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | Federal National Mortgage Association 0.75 10/08/2027                                     | CUSIP: 3135G05Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   2000000 | PA      | $1868568.84   | 0.21%             | 2027-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICS                                                     | Fannie Mae REMICS 2.00                                                                    | CUSIP: 3136BQFV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   7537210 | PA      | $1003458.86   | 0.11%             | 2052-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                      | CUSIP: 3138AP5M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    112665 | PA      | $110854.93    | 0.01%             | 2041-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                      | CUSIP: 3138LSL65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    486931 | PA      | $452855.61    | 0.05%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.18                                                                      | CUSIP: 3140FS6H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     76043 | PA      | $75317.70     | 0.01%             | 2047-03-01      | Floating      | 3.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.10                                                                      | CUSIP: 3140FTAF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     44022 | PA      | $43551.75     | 0.00%             | 2047-04-01      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140LNDX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    107105 | PA      | $93311.80     | 0.01%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140MHUV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1698919 | PA      | $1476064.08   | 0.16%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                      | CUSIP: 3140MKAG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    509629 | PA      | $474038.83    | 0.05%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                      | CUSIP: 3140N24W8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    635191 | PA      | $611159.14    | 0.07%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                      | CUSIP: 3140N25N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    791803 | PA      | $778126.30    | 0.09%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 3140QFFH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1779550 | PA      | $1468796.00   | 0.16%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 3140QG5L7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2188679 | PA      | $1820108.97   | 0.20%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 3140QGE60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1213296 | PA      | $996525.25    | 0.11%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                      | CUSIP: 3140QN3F7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1456619 | PA      | $1324161.15   | 0.15%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                      | CUSIP: 3140QN4N9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1697547 | PA      | $1569883.63   | 0.18%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                      | CUSIP: 3140QN7H9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1784168 | PA      | $1601225.27   | 0.18%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140QNF31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    957656 | PA      | $829827.86    | 0.09%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 3140QNN24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1164662 | PA      | $967462.33    | 0.11%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 37 Ltd                                                    | Elmwood CLO 37 Ltd 6.02                                                                   | CUSIP: 29004UAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    850000 | PA      | $850632.40    | 0.09%             | 2038-01-17      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                          | Enbridge Inc 6.00 01/15/2077                                                              | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    850000 | PA      | $850517.14    | 0.09%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                    | Energy Transfer LP 6.13 12/15/2045                                                        | CUSIP: 29273RBJ7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    340000 | PA      | $335229.95    | 0.04%             | 2045-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                    | Energy Transfer LP 6.55 12/01/2033                                                        | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    601000 | PA      | $648784.10    | 0.07%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2024-CMI1                               | Citigroup Mortgage Loan Trust 2024-CMI1 5.50                                              | CUSIP: 17332DAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1398776 | PA      | $1396302.89   | 0.16%             | 2054-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-3 Trust                            | Citigroup Mortgage Loan Trust 2025-3 Trust 5.50                                           | CUSIP: 17332RAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    853177 | PA      | $853045.31    | 0.10%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                          | Citizens Financial Group Inc (pfd) 5.65% 10/06/2173 Perpetual                             | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    725000 | NS      | $724984.12    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co LLC                                   | Columbia Pipelines Operating Co LLC 6.04 11/15/2033                                       | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $347005.41    | 0.04%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                | Commonwealth Edison Co 5.30 02/01/2053                                                    | CUSIP: 202795JY7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    144000 | PA      | $136010.49    | 0.02%             | 2053-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                | Commonwealth Edison Co 5.95 06/01/2055                                                    | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    123000 | PA      | $127646.15    | 0.01%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                              | Corebridge Financial Inc 6.38 09/15/2054                                                  | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    263000 | PA      | $263236.38    | 0.03%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                            | G2SF 2.5 8/25 MBS 30yr                                                                    | CUSIP: 21H022689<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2731000 | PA      | $2297046.53   | 0.26%             | 2051-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                            | G2SF 4 8/25 MBS 30yr                                                                      | CUSIP: 21H040681<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3741000 | PA      | $3445791.22   | 0.38%             | 2052-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                            | G2SF 5.5 8/25 MBS 30yr                                                                    | CUSIP: 21H052686<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1636000 | PA      | $1632095.72   | 0.18%             | 2055-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                | Cox Communications Inc 5.70 06/15/2033                                                    | CUSIP: 224044CS4<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    278000 | PA      | $279963.12    | 0.03%             | 2033-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                    | Credit Agricole SA (pfd) 8.13% 03/23/2174 Perpetual                                       | CUSIP: 225313AJ4<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EP               | CORP              | FR        |   1550000 | NS      | $1568344.25   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                                    | CyrusOne Data Centers Issuer I LLC 0.00                                                   | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $681067.52    | 0.08%             | 2049-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DI Issuer LLC                                                         | DI Issuer LLC 3.72                                                                        | CUSIP: 23292FAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1748776 | PA      | $1656084.90   | 0.18%             | 2051-09-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                      | Deutsche Bank AG (pfd) 6.00% 04/30/2174 Perpetual                                         | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EP               | CORP              | DE        |    600000 | NS      | $599145.42    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                                | Diamondback Energy Inc 6.25 03/15/2033                                                    | CUSIP: 25278XAV1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    320000 | PA      | $340323.47    | 0.04%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                   | Dominion Energy Inc 4.90 08/01/2041                                                       | CUSIP: 25746UBM0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    455000 | PA      | $410276.73    | 0.05%             | 2041-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                      | Duke Energy Corp 5.00 08/15/2052                                                          | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    230000 | PA      | $200857.70    | 0.02%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                      | Duke Energy Corp 5.80 06/15/2054                                                          | CUSIP: 26441CCF0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    360000 | PA      | $352191.42    | 0.04%             | 2054-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                              | Duke Energy Progress LLC 4.15 12/01/2044                                                  | CUSIP: 26442RAD3<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    425000 | PA      | $347510.15    | 0.04%             | 2044-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                              | Duke Energy Progress LLC 5.35 03/15/2053                                                  | CUSIP: 26442UAR5<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113673.46    | 0.01%             | 2053-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                              | Duke Energy Progress LLC 4.35 03/06/2027                                                  | CUSIP: 26442UAT1<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    324000 | PA      | $324513.81    | 0.04%             | 2027-03-06      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                              | Duke Energy Progress LLC 5.55 03/15/2055                                                  | CUSIP: 26442UAV6<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195826.04    | 0.02%             | 2055-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Duke University Health System Inc                                     | Duke University Health System Inc 3.92 06/01/2047                                         | CUSIP: 26443CAA1<br>LEI: SYIJ9BNVFR17R33OPQ57 | Long             | DBT              | CORP              | US        |    160000 | PA      | $126200.53    | 0.01%             | 2047-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                               | Duke Energy Florida LLC 5.95 11/15/2052                                                   | CUSIP: 26444HAN1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231698.33    | 0.03%             | 2052-11-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                              | Electricite de France SA 6.95 01/26/2039                                                  | CUSIP: 268317AC8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    503000 | PA      | $554744.94    | 0.06%             | 2039-01-26      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                               | Eni SpA 5.95 05/15/2054                                                                   | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    307000 | PA      | $296273.34    | 0.03%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                                     | EOG Resources Inc 5.95 07/15/2055                                                         | CUSIP: 26875PBA8<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     66000 | PA      | $66703.35     | 0.01%             | 2055-07-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                        | EPR Properties 4.95 04/15/2028                                                            | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    520000 | PA      | $520370.33    | 0.06%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                        | EPR Properties 3.75 08/15/2029                                                            | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    110000 | PA      | $104540.30    | 0.01%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco Sarl                                              | Eagle Funding Luxco Sarl 5.50 08/17/2030                                                  | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    865000 | PA      | $869973.75    | 0.10%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings LLC                                       | Eastern Energy Gas Holdings LLC 5.65 10/15/2054                                           | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    158000 | PA      | $151406.98    | 0.02%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES2                                                        | EFMT 2025-CES2 5.66                                                                       | CUSIP: 28225GAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    864781 | PA      | $868036.79    | 0.10%             | 2060-02-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Engie SA                                                              | Engie SA 5.88 04/10/2054                                                                  | CUSIP: 29286DAC9<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |    510000 | PA      | $511706.08    | 0.06%             | 2054-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FS Commercial Mortgage Trust 2023-4SZN                                | FS Commercial Mortgage Trust 2023-4SZN 7.07                                               | CUSIP: 30334RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    760000 | PA      | $776209.05    | 0.09%             | 2039-11-10      | Fixed         | 7.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Connecticut Avenue                                         | Fannie Mae Connecticut Avenue Securities 7.46                                             | CUSIP: 30711XJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    103658 | PA      | $105386.63    | 0.01%             | 2029-10-25      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                     | CUSIP: 3132DM5Y7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1027325 | PA      | $882932.71    | 0.10%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                     | CUSIP: 3132DMJA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1497900 | PA      | $1283934.92   | 0.14%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.50                                                                     | CUSIP: 3132DN3B7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2081255 | PA      | $1986254.34   | 0.22%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                     | CUSIP: 3132DNFZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    828340 | PA      | $748887.03    | 0.08%             | 2051-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                     | Ginnie Mae I Pool 7.00                                                                    | CUSIP: 36225BNC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      8524 | PA      | $8794.30      | 0.00%             | 2031-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 2.50                                                                   | CUSIP: 3622ABQ54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1651936 | PA      | $1378776.80   | 0.15%             | 2050-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 5.00                                                                   | CUSIP: 3622ADQC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1487819 | PA      | $1454498.63   | 0.16%             | 2054-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                     | GXO Logistics Inc 6.25 05/06/2029                                                         | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    727000 | PA      | $756441.28    | 0.08%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                     | GXO Logistics Inc 6.50 05/06/2034                                                         | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    210000 | PA      | $220490.65    | 0.02%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2023-PJ6                          | GS Mortgage-Backed Securities Trust 2023-PJ6 6.00                                         | CUSIP: 36268FAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    477739 | PA      | $479970.08    | 0.05%             | 2054-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2024-PJ1                          | GS Mortgage-Backed Securities Trust 2024-PJ1 6.00                                         | CUSIP: 36268VAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    939334 | PA      | $942110.34    | 0.11%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2023-PJ4                          | GS Mortgage-Backed Securities Trust 2023-PJ4 6.00                                         | CUSIP: 36270XAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    451661 | PA      | $454234.34    | 0.05%             | 2054-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2025-PJ7                          | GS Mortgage-Backed Securities Trust 2025-PJ7 5.50                                         | CUSIP: 36272MAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1347000 | PA      | $1345027.05   | 0.15%             | 2055-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-INV3 Trust                                                  | GCAT 2024-INV3 Trust 5.50                                                                 | CUSIP: 36830FAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    589082 | PA      | $589140.00    | 0.07%             | 2054-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                       | General Motors Financial Co Inc 5.60 06/18/2031                                           | CUSIP: 37045XEY8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |    298000 | PA      | $304193.31    | 0.03%             | 2031-06-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co In                                        | General Motors Financial Co Inc 6.15 07/15/2035                                           | CUSIP: 37045XFK7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |    345000 | PA      | $353834.31    | 0.04%             | 2035-07-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                  | Glencore Funding LLC 5.89 04/04/2054                                                      | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108165.43    | 0.01%             | 2054-04-04      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                  | Glencore Funding LLC 5.19 04/01/2030                                                      | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    600000 | PA      | $609951.85    | 0.07%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                              | Golden State Tobacco Securitization Corp 2.75% 06/01/2034                                 | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $570807.93    | 0.06%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Goldentree Loan Opportunities Ltd                                     | GoldenTree Loan Management US CLO 23 Ltd 6.08                                             | CUSIP: 38139KAJ8<br>LEI: 254900TP00US14X9AP48 | Long             | ABS-CBDO         | CORP              | US        |    850000 | PA      | $851373.52    | 0.10%             | 2039-01-20      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                             | IQVIA Inc 6.25 02/01/2029                                                                 | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    442000 | PA      | $462202.49    | 0.05%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                              | JP Morgan Mortgage Trust 2020-3 3.50                                                      | CUSIP: 46592ABH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    141618 | PA      | $126495.19    | 0.01%             | 2050-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2025-2                                | JP Morgan Mortgage Trust Series 2025-2 6.00                                               | CUSIP: 46593NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1227877 | PA      | $1238063.33   | 0.14%             | 2055-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 6.09 10/23/2029                                                       | CUSIP: 46647PDX1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    789000 | PA      | $826631.51    | 0.09%             | 2029-10-23      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.77 04/22/2035                                                       | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    644000 | PA      | $675667.79    | 0.08%             | 2035-04-22      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.29 07/22/2035                                                       | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    210000 | PA      | $212862.07    | 0.02%             | 2035-07-22      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.10 04/22/2031                                                       | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    549000 | PA      | $561580.93    | 0.06%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co 5.58 07/23/2036                                                       | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    260000 | PA      | $264018.30    | 0.03%             | 2036-07-23      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2023-8                                     | J.P. Morgan Mortgage Trust 2023-8 6.00                                                    | CUSIP: 46657CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    297017 | PA      | $298794.20    | 0.03%             | 2054-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES1                                         | RCKT Mortgage Trust 2024-CES1 6.03                                                        | CUSIP: 749424AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    569693 | PA      | $572170.59    | 0.06%             | 2044-02-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES3                                         | RCKT Mortgage Trust 2024-CES3 6.59                                                        | CUSIP: 74942AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    253779 | PA      | $256914.19    | 0.03%             | 2044-05-25      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| Radian Mortgage Capital Trust 2025-J3                                 | Radian Mortgage Capital Trust 2025-J3 5.50                                                | CUSIP: 75024RAX2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $598747.26    | 0.07%             | 2055-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| RATE Mortgage Trust 2024-J3                                           | RATE Mortgage Trust 2024-J3 5.50                                                          | CUSIP: 75409UAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    335184 | PA      | $334253.76    | 0.04%             | 2054-10-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust 205-J1                                            | Rate Mortgage Trust 205-J1 5.50                                                           | CUSIP: 75410CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    388990 | PA      | $389104.39    | 0.04%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust 2024-J1                                           | Rate Mortgage Trust 2024-J1 6.00                                                          | CUSIP: 75410PAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    496827 | PA      | $498107.96    | 0.06%             | 2054-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Ready Capital Corp                                                    | Ready Capital Mortgage Financing 2023-FL12 LLC 6.69                                       | CUSIP: 75575AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     65251 | PA      | $65277.50     | 0.01%             | 2038-05-25      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA PLC                                             | Rio Tinto Finance USA PLC 5.75 03/14/2055                                                 | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    251000 | PA      | $251453.16    | 0.03%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                     | NatWest Group PLC (pfd) 6.00% 09/30/2173 Perpetual                                        | CUSIP: 780097BQ3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EP               | CORP              | GB        |   1120000 | NS      | $1124447.52   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                           | Royal Caribbean Cruises Ltd 6.00 02/01/2033                                               | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    578000 | PA      | $587900.20    | 0.07%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                  | Royal Bank of Canada 5.15 02/04/2031                                                      | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    588000 | PA      | $599909.83    | 0.07%             | 2031-02-04      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                  | Royal Bank of Canada 4.70 08/06/2031                                                      | CUSIP: 78017DAM0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    354000 | PA      | $354442.27    | 0.04%             | 2031-08-06      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Leasing 2024-1 LLC                                      | SCF Equipment Leasing 2024-1 LLC 5.56                                                     | CUSIP: 783896AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $308609.49    | 0.03%             | 2032-04-20      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Leasing 2024-1 LLC                                      | SCF Equipment Leasing 2024-1 LLC 5.82                                                     | CUSIP: 783896AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $154245.93    | 0.02%             | 2032-09-20      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| LELAND STANFORD JR UNIV                                               | Leland Stanford Junior University/The 4.68 03/01/2035                                     | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |    675000 | PA      | $667192.48    | 0.07%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                               | Bristol-Myers Squibb Co                                                                   | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     30693 | NS      | $1329313.83   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                                                     | State Street Corp 5.75 11/04/2026                                                         | CUSIP: 857477BX0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    270000 | PA      | $270704.00    | 0.03%             | 2026-11-04      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                    | Subway Funding LLC 6.03                                                                   | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1183060 | PA      | $1200242.29   | 0.13%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer LLC                                                 | Switch ABS Issuer LLC 5.44                                                                | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $525473.87    | 0.06%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                          | Synopsys Inc 5.00 04/01/2032                                                              | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    670000 | PA      | $677158.73    | 0.08%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                 | Tenet Healthcare Corp 5.13 11/01/2027                                                     | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    134000 | PA      | $133541.51    | 0.01%             | 2027-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                 | Tenet Healthcare Corp 6.25 02/01/2027                                                     | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    325000 | PA      | $325420.55    | 0.04%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Natural Gas Securitization Finance Corp                         | Texas Natural Gas Securitization Finance Corp 5.17% 04/01/2041                            | CUSIP: 88258MAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187573.98    | 0.02%             | 2041-04-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                 | Time Warner Cable LLC 6.55 05/01/2037                                                     | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    429000 | PA      | $440992.37    | 0.05%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                          | Broadcom Inc                                                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     61684 | NS      | $18116590.80  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                                           | CDW Corp/DE                                                                               | CUSIP: 12514G108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13362 | NS      | $2330065.56   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank/The                                             | Toronto-Dominion Bank/The 8.13 10/31/2082                                                 | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    901000 | PA      | $951985.79    | 0.11%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2024-1                                      | Towd Point Mortgage Trust 2024-1 4.83                                                     | CUSIP: 89182NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    999523 | PA      | $1007269.14   | 0.11%             | 2064-03-25      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International plc                                    | Johnson Controls International plc                                                        | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |     69501 | NS      | $7297605.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                                             | Linde PLC                                                                                 | CUSIP: G54950103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12063 | NS      | $5552116.38   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                                                       | Cigna Group/The                                                                           | CUSIP: 125523100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13495 | NS      | $3608293.10   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                                           | Honeywell International Inc                                                               | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     14635 | NS      | $3254092.25   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                                                | IDEXX Laboratories Inc                                                                    | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      6877 | NS      | $3674449.87   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                                         | Intercontinental Exchange Inc                                                             | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     16704 | NS      | $3087400.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp                                  | International Business Machines Corp                                                      | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     23532 | NS      | $5957125.80   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                                | Intuitive Surgical Inc                                                                    | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      7340 | NS      | $3531200.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF                                              | iShares Core S&P 500 ETF                                                                  | CUSIP: 464287200<br>LEI: N/A                  | Long             | EC               | RF                | US        |      7610 | NS      | $4831589.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                                   | JPMorgan Chase & Co                                                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     28310 | NS      | $8386554.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                                          | KKR & Co Inc                                                                              | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     23091 | NS      | $3384678.78   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                                              | LKQ Corp                                                                                  | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     55380 | NS      | $1632048.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One                                | Liberty Media Corp-Liberty Formula One                                                    | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9164 | NS      | $919607.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                                        | Eli Lilly & Co                                                                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      8217 | NS      | $6081155.19   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Mars Inc                                                              | Mars Inc 5.65 05/01/2045                                                                  | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    315000 | PA      | $313077.57    | 0.03%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                              | Mars Inc 5.70 05/01/2055                                                                  | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    179000 | PA      | $176787.41    | 0.02%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos Inc                                              | Marsh & McLennan Cos Inc                                                                  | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     13551 | NS      | $2699359.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                                         | Martin Marietta Materials Inc 5.15 12/01/2034                                             | CUSIP: 573284BA3<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    367000 | PA      | $368340.90    | 0.04%             | 2034-12-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Massachusetts Institute of Technology                                 | Massachusetts Institute of Technology 5.62 06/01/2055                                     | CUSIP: 575718AK7<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97408.20     | 0.01%             | 2055-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                        | Mastercard Inc                                                                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     17791 | NS      | $10078067.77  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                                        | Merck & Co Inc                                                                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     27764 | NS      | $2168923.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                                                           | MetLife Inc                                                                               | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     51069 | NS      | $3878690.55   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                                        | Microsoft Corp                                                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     90568 | NS      | $48318028.00  | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                                                           | MongoDB Inc                                                                               | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      6605 | NS      | $1571263.45   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley                                                                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     49544 | NS      | $7058038.24   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                                                | Motorola Solutions Inc                                                                    | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     10743 | NS      | $4715962.14   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                                           | Netflix Inc                                                                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      4777 | NS      | $5538453.80   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                                                    | NextEra Energy Inc                                                                        | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106778 | NS      | $7587644.68   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                           | NVIDIA Corp                                                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    252723 | NS      | $44951840.01  | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc                                               | O'Reilly Automotive Inc                                                                   | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      8850 | NS      | $870132.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PK Alift Loan Funding 3 LP                                            | PK Alift Loan Funding 3 LP 5.84                                                           | CUSIP: 69291VAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    583496 | PA      | $592635.97    | 0.07%             | 2039-09-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                        | PECO Energy Co 4.38 08/15/2052                                                            | CUSIP: 693304BE6<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    340000 | PA      | $280293.22    | 0.03%             | 2052-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co                                           | Pacific Gas and Electric Co 4.20 06/01/2041                                               | CUSIP: 694308JU2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    155000 | PA      | $120949.48    | 0.01%             | 2041-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd                                        | Palmer Square Loan Funding 2025-1 Ltd 5.52                                                | CUSIP: 69704CAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $497230.05    | 0.06%             | 2033-02-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2024-CES3                                   | Towd Point Mortgage Trust 2024-CES3 6.29                                                  | CUSIP: 89183EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    569691 | PA      | $575161.84    | 0.06%             | 2064-05-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Travelers Cos Inc/The                                                 | Travelers Cos Inc/The 5.05 07/24/2035                                                     | CUSIP: 89417EAT6<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125359.51    | 0.01%             | 2035-07-24      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Travelers Cos Inc/The                                                 | Travelers Cos Inc/The 5.70 07/24/2055                                                     | CUSIP: 89417EAU3<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    130000 | PA      | $131020.14    | 0.01%             | 2055-07-24      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                       | Trust Fibra Uno 4.87 01/15/2030                                                           | CUSIP: 898339AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    260000 | PA      | $248139.03    | 0.03%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                       | Trust Fibra Uno 7.70 01/23/2032                                                           | CUSIP: 89834JAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    205000 | PA      | $216782.79    | 0.02%             | 2032-01-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                          | UBS Group AG (pfd) 9.25% 05/13/2174 Perpetual                                             | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EP               | CORP              | CH        |    485000 | NS      | $533515.04    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Union Electric Co                                                     | Union Electric Co 5.45 03/15/2053                                                         | CUSIP: 906548CW0<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    225000 | PA      | $215919.31    | 0.02%             | 2053-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United Nations Development Corp                                       | United Nations Development Corp 6.54% 08/01/2055                                          | CUSIP: 911157MF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57284.35     | 0.01%             | 2055-08-01      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                      | United Rentals North America Inc 6.00 12/15/2029                                          | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    155000 | PA      | $157897.11    | 0.02%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                            | US Bancorp 5.73 10/21/2026                                                                | CUSIP: 91159HJH4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    270000 | PA      | $270592.12    | 0.03%             | 2026-10-21      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| United States Cellular Corp                                           | United States Cellular Corp 6.70 12/15/2033                                               | CUSIP: 911684AD0<br>LEI: 549300B164AZXESI6E03 | Long             | DBT              | CORP              | US        |    461000 | PA      | $485456.05    | 0.05%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.38 11/15/2039                                          | CUSIP: 912810QD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $582679.69    | 0.07%             | 2039-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.63 02/15/2040                                          | CUSIP: 912810QE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $697552.74    | 0.08%             | 2040-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.38 05/15/2041                                          | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1343781.25   | 0.15%             | 2041-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 08/15/2041                                          | CUSIP: 912810QS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $621140.63    | 0.07%             | 2041-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 2.50 02/15/2045                                          | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1183027.35   | 0.13%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                            | Verizon Communications Inc 2.99 10/30/2056                                                | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    270000 | PA      | $162061.67    | 0.02%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2021-R2                                    | Verus Securitization Trust 2021-R2 1.12                                                   | CUSIP: 92538DAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135249 | PA      | $125244.27    | 0.01%             | 2064-02-25      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2021-R2                                    | Verus Securitization Trust 2021-R2 1.23                                                   | CUSIP: 92538DAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    154662 | PA      | $143238.31    | 0.02%             | 2064-02-25      | Variable      | 1.23%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                      | Paramount Global 4.38 03/15/2043                                                          | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    467000 | PA      | $353662.70    | 0.04%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                                    | VICI Properties LP 5.75 04/01/2034                                                        | CUSIP: 925650AF0<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    152000 | PA      | $155614.01    | 0.02%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                    | Expand Energy Corp 6.75 04/15/2029                                                        | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    122000 | PA      | $123089.46    | 0.01%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance Inc                                          | Walgreens Boots Alliance Inc 3.45 06/01/2026                                              | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    360000 | PA      | $354947.44    | 0.04%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Weir Group Inc                                                        | Weir Group Inc 5.35 05/06/2030                                                            | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    421000 | PA      | $426710.92    | 0.05%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co (pfd) 3.9% 06/15/2169 Perpetual                                          | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |   1110000 | NS      | $1100337.67   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co 5.01 04/04/2051                                                          | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    320000 | PA      | $290192.99    | 0.03%             | 2051-04-04      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co 5.56 07/25/2034                                                          | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    212000 | PA      | $218850.27    | 0.02%             | 2034-07-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                      | Wells Fargo & Co 5.61 04/23/2036                                                          | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    460000 | PA      | $473955.77    | 0.05%             | 2036-04-23      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Williams Cos Inc/The                                                  | Williams Cos Inc/The                                                                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     61694 | NS      | $3698555.30   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                                           | Workday Inc                                                                               | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     14200 | NS      | $3257196.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                                                          | Xylem Inc/NY                                                                              | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     33173 | NS      | $4797479.26   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                                            | Zoetis Inc                                                                                | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     25586 | NS      | $3730182.94   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                                       | ASML Holding NV                                                                           | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1944 | NS      | $1347333.74   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                                                         | Accenture PLC                                                                             | CUSIP: G1151C101<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     14103 | NS      | $3766911.30   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                                        | Eaton Corp PLC                                                                            | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     12184 | NS      | $4687428.48   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                                            | AbbVie Inc                                                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     24460 | NS      | $4623429.20   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc                                              | Agilent Technologies Inc                                                                  | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |     15493 | NS      | $1778751.33   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                                            | Airbnb Inc                                                                                | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      7386 | NS      | $977980.26    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                          | Alphabet Inc                                                                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    113154 | NS      | $21714252.60  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                                        | Amazon.com Inc                                                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     90599 | NS      | $21210131.89  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                                                   | American Express Co                                                                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     13382 | NS      | $4005366.42   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                                           | Cencora Inc                                                                               | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      6334 | NS      | $1812030.72   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                                              | Ameriprise Financial Inc                                                                  | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      6843 | NS      | $3545974.17   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                                                    | Analog Devices Inc                                                                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     28049 | NS      | $6300646.87   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                             | Apple Inc                                                                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    105738 | NS      | $21948036.66  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                                                 | Applied Materials Inc                                                                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      8321 | NS      | $1498279.26   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                                                   | Arista Networks Inc                                                                       | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     27985 | NS      | $3448311.70   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings PLC                                                      | ARM Holdings PLC                                                                          | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |      7996 | NS      | $1130434.50   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                                         | Automatic Data Processing Inc                                                             | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     11457 | NS      | $3545941.50   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                                                             | Ball Corp                                                                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     47268 | NS      | $2706565.68   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                                  | Bank of America Corp                                                                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    155767 | NS      | $7363106.09   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                                                         | Blackrock Inc                                                                             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      3500 | NS      | $3871035.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                                                  | Booking Holdings Inc                                                                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       608 | NS      | $3346468.48   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc                                            | Cadence Design Systems Inc                                                                | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     17650 | NS      | $6434660.50   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                                                   | Cheniere Energy Inc                                                                       | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     17662 | NS      | $4166112.56   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                                            | Chipotle Mexican Grill Inc                                                                | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54664 | NS      | $2343992.32   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                                                | Church & Dwight Co Inc                                                                    | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     28822 | NS      | $2702638.94   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                                                  | Colgate-Palmolive Co                                                                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     22978 | NS      | $1926705.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                                            | Copart Inc                                                                                | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     45767 | NS      | $2074618.11   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                                 | Costco Wholesale Corp                                                                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      4127 | NS      | $3877894.28   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                                              | Crowdstrike Holdings Inc                                                                  | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      5277 | NS      | $2398765.89   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                                           | Cummins Inc                                                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     11250 | NS      | $4135725.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                                          | Danaher Corp                                                                              | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     23833 | NS      | $4698914.28   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                                                  | Deckers Outdoor Corp                                                                      | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     12261 | NS      | $1301750.37   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                                            | Deere & Co                                                                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      5870 | NS      | $3078051.90   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                                         | Dynatrace Inc                                                                             | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46059 | NS      | $2423163.99   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                                                            | Ecolab Inc                                                                                | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     14471 | NS      | $3787928.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                           | Equinix Inc                                                                               | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      6394 | NS      | $5020376.98   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                    | Meta Platforms Inc                                                                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     20684 | NS      | $15997832.96  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                                            | FedEx Corp                                                                                | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      7904 | NS      | $1766464.96   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                                              | Ferguson Enterprises Inc                                                                  | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     10651 | NS      | $2378687.83   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                                            | Fiserv Inc                                                                                | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     17171 | NS      | $2385738.74   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                                        | GE Vernova Inc                                                                            | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      4426 | NS      | $2922443.54   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                                   | Gilead Sciences Inc                                                                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     24847 | NS      | $2790069.63   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                                         | Hilton Worldwide Holdings Inc                                                             | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     15233 | NS      | $4083662.64   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                                                    | Home Depot Inc/The                                                                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     20716 | NS      | $7613337.16   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                                                  | Parker-Hannifin Corp                                                                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      3760 | NS      | $2751944.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                                           | PepsiCo Inc                                                                               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     27921 | NS      | $3850864.32   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                                               | Procter & Gamble Co/The                                                                   | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     39940 | NS      | $6009771.80   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                                                  | Progressive Corp/The                                                                      | CUSIP: 743315103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11045 | NS      | $2673331.80   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                                          | Prologis Inc                                                                              | CUSIP: 74340W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45223 | NS      | $4828911.94   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                                                | Regions Financial Corp                                                                    | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    249505 | NS      | $6319961.65   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund            | State Street Institutional US Government Money Market Fund                                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   1370866 | NS      | $1370865.67   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                                        | S&P Global Inc                                                                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     11216 | NS      | $6181137.60   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                               | SBA Communications Corp                                                                   | CUSIP: 78410G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3299 | NS      | $741351.28    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| salesforce.com Inc                                                    | Salesforce Inc                                                                            | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      9619 | NS      | $2484876.27   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                                                       | Schlumberger NV                                                                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    131576 | NS      | $4447268.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                                        | ServiceNow Inc                                                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3399 | NS      | $3205664.88   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                                                            | Sysco Corp                                                                                | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     53031 | NS      | $4221267.60   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                                       | TJX Cos Inc/The                                                                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     45434 | NS      | $5657896.02   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                                             | Tesla Inc                                                                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     22763 | NS      | $7017150.01   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                                          | Thermo Fisher Scientific Inc                                                              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      7368 | NS      | $3445866.24   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                                                     | Tractor Supply Co                                                                         | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     67769 | NS      | $3859444.55   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                                                 | Uber Technologies Inc                                                                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     33606 | NS      | $2948926.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                                                    | Union Pacific Corp                                                                        | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     12069 | NS      | $2678955.93   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                                                    | United Rentals Inc                                                                        | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      3870 | NS      | $3416977.80   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.50 08/15/2043                                          | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $754343.75    | 0.08%             | 2043-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.75 11/15/2043                                          | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4700000 | PA      | $4641984.38   | 0.52%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.50 02/15/2044                                          | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1624396.48   | 0.18%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.63 05/15/2044                                          | CUSIP: 912810UB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1800000 | PA      | $1746105.46   | 0.19%             | 2044-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.13 08/15/2044                                          | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1300000 | PA      | $1177490.24   | 0.13%             | 2044-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.88 05/15/2045                                          | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $304453.13    | 0.03%             | 2045-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.25 08/31/2030                                          | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8900000 | PA      | $8964664.02   | 1.00%             | 2030-08-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.63 09/15/2026                                          | CUSIP: 91282CHY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $301587.89    | 0.03%             | 2026-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.88 10/31/2030                                          | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4600000 | PA      | $4792535.16   | 0.54%             | 2030-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.38 11/30/2030                                          | CUSIP: 91282CJM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7700000 | PA      | $7841818.37   | 0.88%             | 2030-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.75 12/31/2030                                          | CUSIP: 91282CJQ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $2469775.40   | 0.28%             | 2030-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.25 03/31/2029                                          | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $14103632.76  | 1.57%             | 2029-03-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.13 10/31/2031                                          | CUSIP: 91282CLU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1202835.94   | 0.13%             | 2031-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.13 05/31/2032                                          | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6997812.50   | 0.78%             | 2032-05-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.00 05/31/2030                                          | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3900000 | PA      | $3910054.67   | 0.44%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 3.88 06/15/2028                                          | CUSIP: 91282CNH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $499980.47    | 0.06%             | 2028-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                         | United States Treasury Note/Bond 4.00 06/30/2032                                          | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6944218.75   | 0.78%             | 2032-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc                                                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      9537 | NS      | $2380053.72   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc 5.05 04/15/2053                                                    | CUSIP: 91324PEW8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    495000 | PA      | $434912.19    | 0.05%             | 2053-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                | UnitedHealth Group Inc 5.50 07/15/2044                                                    | CUSIP: 91324PFK3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    436000 | PA      | $421197.32    | 0.05%             | 2044-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                            | Verizon Communications Inc                                                                | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     42376 | NS      | $1811997.76   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                                            | Vertex Pharmaceuticals Inc                                                                | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      6836 | NS      | $3123163.32   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                                              | Visa Inc                                                                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     15735 | NS      | $5435970.45   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                      | CUSIP: 3140XKZH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1408187 | PA      | $1279657.10   | 0.14%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                      | CUSIP: 3140XNVZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2690353 | PA      | $2683239.14   | 0.30%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 31418DLT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    219391 | PA      | $190254.47    | 0.02%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 31418DQH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    839707 | PA      | $697945.10    | 0.08%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                      | CUSIP: 31418EJ84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1302425 | PA      | $1299350.24   | 0.15%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 6.50                                                                     | CUSIP: 3142GQLF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1349342 | PA      | $1397109.68   | 0.16%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 5.50                                                                     | CUSIP: 3142GRMN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1419463 | PA      | $1422328.93   | 0.16%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                   | Fifth Third Bancorp (pfd) 4.50% 09/30/2173 Perpetual                                      | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |    545000 | NS      | $544068.98    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Flexential Issuer 2021-1                                              | Flexential Issuer 2021-1 3.25                                                             | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $966231.00    | 0.11%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                              | Florida Power & Light Co 4.13 02/01/2042                                                  | CUSIP: 341081FF9<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    614000 | PA      | $520667.18    | 0.06%             | 2042-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Flowers Foods Inc                                                     | Flowers Foods Inc 5.75 03/15/2035                                                         | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |    225000 | PA      | $229279.91    | 0.03%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                       | Foothill-Eastern Transportation Corridor Agency 4.09% 01/15/2049                          | CUSIP: 345105JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $218489.89    | 0.02%             | 2049-01-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                              | Ford Motor Credit Co LLC 7.20 06/10/2030                                                  | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    260000 | PA      | $273694.87    | 0.03%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                              | Ford Motor Credit Co LLC 5.85 05/17/2027                                                  | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    390000 | PA      | $392823.72    | 0.04%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                              | Ford Motor Credit Co LLC 6.05 11/05/2031                                                  | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    262000 | PA      | $262278.39    | 0.03%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 5.88 01/25/2034                                                     | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    180000 | PA      | $181927.31    | 0.02%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 5.50 01/25/2031                                                     | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    417000 | PA      | $425892.14    | 0.05%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 5.90 01/25/2033                                                     | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    232000 | PA      | $238620.51    | 0.03%             | 2033-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 6.10 01/25/2036                                                     | CUSIP: 350930AH6<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    252000 | PA      | $257823.72    | 0.03%             | 2036-01-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                 | Foundry JV Holdco LLC 6.30 01/25/2039                                                     | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    497000 | PA      | $512231.04    | 0.06%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2023-HQA2                               | Freddie Mac STACR REMIC Trust 2023-HQA2 6.35                                              | CUSIP: 35564K2F5<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | CORP              | US        |     92816 | PA      | $93352.02     | 0.01%             | 2043-06-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| GCAT 2021-NQM1 Trust                                                  | GCAT 2021-NQM1 Trust 1.15                                                                 | CUSIP: 36167TAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150492 | PA      | $134432.54    | 0.02%             | 2066-01-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-INV2 Trust                                                  | GCAT 2024-INV2 Trust 6.00                                                                 | CUSIP: 36170KAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    448393 | PA      | $451213.11    | 0.05%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 2.00                                                                   | CUSIP: 36179VVX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3783189 | PA      | $3057977.71   | 0.34%             | 2050-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.50                                                                   | CUSIP: 36179WG51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    779221 | PA      | $704763.15    | 0.08%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.00                                                                   | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1116646 | PA      | $977839.57    | 0.11%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.00                                                                   | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3057794 | PA      | $2842578.85   | 0.32%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.50                                                                   | CUSIP: 36179XFH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2876382 | PA      | $2747548.71   | 0.31%             | 2052-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 4.50                                                                   | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2364533 | PA      | $2260075.17   | 0.25%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLP Capital LP / GLP Financing II Inc                                 | GLP Capital LP / GLP Financing II Inc 5.38 04/15/2026                                     | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $200183.20    | 0.02%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                    | Ally Financial Inc 8.00 11/01/2031                                                        | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    646000 | PA      | $730167.61    | 0.08%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 7.00                                                                   | CUSIP: 36202CNT6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       772 | PA      | $797.93       | 0.00%             | 2026-04-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                     | Ginnie Mae I Pool 4.50                                                                    | CUSIP: 36204DT66<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    108148 | PA      | $104951.71    | 0.01%             | 2041-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                     | Ginnie Mae I Pool 7.50                                                                    | CUSIP: 36225AN55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       899 | PA      | $900.58       | 0.00%             | 2026-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2023-7                                       | JP Morgan Mortgage Trust 2023-7 5.50                                                      | CUSIP: 46657DAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1156252 | PA      | $1154473.56   | 0.13%             | 2054-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                    | J.P. Morgan Mortgage Trust 2024-10 5.50                                                   | CUSIP: 46658LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    877410 | PA      | $876268.15    | 0.10%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                    | J.P. Morgan Mortgage Trust 2024-10 5.50                                                   | CUSIP: 46658LAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    647370 | PA      | $645331.26    | 0.07%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-INV1                                    | JP Morgan Mortgage Trust 2024-INV1 6.00                                                   | CUSIP: 46658PAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    785072 | PA      | $790929.98    | 0.09%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2024-5                                | JP Morgan Mortgage Trust Series 2024-5 6.00                                               | CUSIP: 46658RAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    694049 | PA      | $695106.45    | 0.08%             | 2054-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-11                                      | JP Morgan Mortgage Trust 2024-11 6.00                                                     | CUSIP: 46659AAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350058 | PA      | $1358139.81   | 0.15%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-11                                      | JP Morgan Mortgage Trust 2024-11 6.00                                                     | CUSIP: 46659AAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    549192 | PA      | $551216.11    | 0.06%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| KAISER FDTN HOSPITALS                                                 | Kaiser Foundation Hospitals 3.00 06/01/2051                                               | CUSIP: 48305QAG8<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    220000 | PA      | $141594.01    | 0.02%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Keysight Technologies Inc                                             | Keysight Technologies Inc 5.35 07/30/2030                                                 | CUSIP: 49338LAH6<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    258000 | PA      | $265438.64    | 0.03%             | 2030-07-30      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                      | CUSIP: 3140QQKL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2496613 | PA      | $2444862.01   | 0.27%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                      | CUSIP: 3140QREQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2337907 | PA      | $2333635.63   | 0.26%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                      | Kilroy Realty LP 3.05 02/15/2030                                                          | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    215000 | PA      | $194464.32    | 0.02%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                      | Kilroy Realty LP 2.50 11/15/2032                                                          | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    280000 | PA      | $225965.67    | 0.03%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                      | Kilroy Realty LP 2.65 11/15/2033                                                          | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    283000 | PA      | $224413.13    | 0.03%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Kyndryl Holdings Inc                                                  | Kyndryl Holdings Inc 3.15 10/15/2031                                                      | CUSIP: 50155QAL4<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    462000 | PA      | $414214.86    | 0.05%             | 2031-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc                                                      | LPL Holdings Inc 5.15 06/15/2030                                                          | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    360000 | PA      | $364291.26    | 0.04%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp    | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029        | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $660695.89    | 0.07%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp    | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031        | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $550257.75    | 0.06%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                              | Liberty Mutual Group Inc 4.13 12/15/2051                                                  | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    440000 | PA      | $428263.73    | 0.05%             | 2051-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                 | Lincoln National Corp 7.00 06/15/2040                                                     | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    330000 | PA      | $363108.85    | 0.04%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                              | Lloyds Banking Group PLC (pfd) 7.50% 12/27/2173 Perpetual                                 | CUSIP: 539439AU3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |   1085000 | NS      | $1089042.71   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                              | Lloyds Banking Group PLC (pfd) 6.75% 09/27/2173 Perpetual                                 | CUSIP: 53944YAJ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |    200000 | NS      | $202026.20    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                         | M&T Bank Corp (pfd) 5.13% 05/01/2174 Perpetual                                            | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     40000 | NS      | $39657.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MFA 2021-INV2 Trust                                                   | MFA 2021-INV2 Trust 2.26                                                                  | CUSIP: 552732AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    527572 | PA      | $472748.94    | 0.05%             | 2056-11-25      | Variable      | 2.26%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                                        | MF1 2021-FL7 Ltd 5.91                                                                     | CUSIP: 55284AAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1075000 | PA      | $1071769.84   | 0.12%             | 2036-10-16      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.50                                                                      | CUSIP: 3140QREU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1965306 | PA      | $2035787.66   | 0.23%             | 2053-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                      | CUSIP: 3140QRR21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    378936 | PA      | $380593.18    | 0.04%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MFA 2024-NQM1 Trust                                                   | MFA 2024-NQM1 Trust 6.58                                                                  | CUSIP: 55286VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    576032 | PA      | $581779.32    | 0.06%             | 2069-03-25      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| MIRA Trust 2023-MILE                                                  | MIRA Trust 2023-MILE 6.75                                                                 | CUSIP: 55318EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    765000 | PA      | $791721.60    | 0.09%             | 2038-06-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd/London                                             | Macquarie Bank Ltd/London (pfd) 6.13% 09/08/2173 Perpetual                                | CUSIP: 556079AB7<br>LEI: 549300MPRNPO6FWNKN78 | Long             | EP               | CORP              | GB        |    647000 | NS      | $653921.61    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Madison Park Funding Lxviii Ltd                                       | Madison Park Funding Lxviii Ltd 6.13                                                      | CUSIP: 55822XAG2<br>LEI: 213800XCOFXF5X7M9P78 | Long             | ABS-CBDO         | CORP              | US        |    843000 | PA      | $845161.70    | 0.09%             | 2038-01-20      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.00                                                                      | CUSIP: 3140QS4H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1310302 | PA      | $1340504.24   | 0.15%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.00                                                                      | CUSIP: 3140QS4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2015493 | PA      | $2048400.83   | 0.23%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                        | Warnermedia Holdings Inc 3.76 03/15/2027                                                  | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38462.50     | 0.00%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                        | Warnermedia Holdings Inc 3.76 03/15/2027                                                  | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    223000 | PA      | $218793.11    | 0.02%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.50                                                                      | CUSIP: 3140QUBQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3366509 | PA      | $3356652.62   | 0.37%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 6.00                                                                      | CUSIP: 3140QUNV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1633609 | PA      | $1660155.83   | 0.19%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                     | Magnetite Xli Ltd 6.10                                                                    | CUSIP: 55956AAC9<br>LEI: 529900IDXPZZY6034K03 | Long             | ABS-CBDO         | CORP              | US        |    400000 | PA      | $400685.88    | 0.04%             | 2038-01-25      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                              | Mars Inc 5.20 03/01/2035                                                                  | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    528000 | PA      | $530823.21    | 0.06%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.00                                                                      | CUSIP: 3140XAUZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    621472 | PA      | $571601.00    | 0.06%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 3140XDS98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    931348 | PA      | $773088.23    | 0.09%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP/Medline Co-Issuer Inc                             | Medline Borrower LP/Medline Co-Issuer Inc 6.25 04/01/2029                                 | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    428000 | PA      | $436942.20    | 0.05%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                   | Meritage Homes Corp 5.65 03/15/2035                                                       | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    252000 | PA      | $251289.36    | 0.03%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                           | MetLife Inc 6.40 12/15/2066                                                               | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    300000 | PA      | $312807.00    | 0.03%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| FLINT WATER ADVOCACY FUND                                             | Michigan Strategic Fund 3.23% 09/01/2047                                                  | CUSIP: 594698SJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $420095.53    | 0.05%             | 2047-09-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.00                                                                      | CUSIP: 3140XF4G3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2485165 | PA      | $1972469.58   | 0.22%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                      | CUSIP: 3140XGMP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1179895 | PA      | $1093935.12   | 0.12%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                 | Micron Technology Inc 5.30 01/15/2031                                                     | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    620000 | PA      | $632934.22    | 0.07%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                 | MidAmerican Energy Co 5.85 09/15/2054                                                     | CUSIP: 595620AY1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    980000 | PA      | $1002129.89   | 0.11%             | 2054-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                 | MidAmerican Energy Co 5.30 02/01/2055                                                     | CUSIP: 595620AZ8<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    220000 | PA      | $208527.68    | 0.02%             | 2055-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                          | Missouri Highway & Transportation Commission 5.45% 05/01/2033                             | CUSIP: 60636WNU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131917.21    | 0.01%             | 2033-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 5.16 04/20/2029                                                            | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    271000 | PA      | $275409.86    | 0.03%             | 2029-04-20      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 6.41 11/01/2029                                                            | CUSIP: 61747YFH3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    170000 | PA      | $179459.67    | 0.02%             | 2029-11-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 6.63 11/01/2034                                                            | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    760000 | PA      | $838462.73    | 0.09%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 5.83 04/19/2035                                                            | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    152000 | PA      | $159389.47    | 0.02%             | 2035-04-19      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                      | CUSIP: 3140XGST7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    648063 | PA      | $580117.52    | 0.06%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140XHCM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1000465 | PA      | $872700.97    | 0.10%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                        | Morgan Stanley 5.52 11/19/2055                                                            | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    143000 | PA      | $140186.12    | 0.02%             | 2055-11-19      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                        | Morgan Stanley Private Bank NA 4.73 07/18/2031                                            | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226065.76    | 0.03%             | 2031-07-18      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.00                                                                      | CUSIP: 3140XHN94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    362550 | PA      | $336128.21    | 0.04%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140XHR33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    430535 | PA      | $375659.51    | 0.04%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2025-1                 | Morgan Stanley Residential Mortgage Loan Trust 2025-1 6.00                                | CUSIP: 617944AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    628560 | PA      | $631408.60    | 0.07%             | 2055-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                | Motorola Solutions Inc 4.85 08/15/2030                                                    | CUSIP: 620076CA5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251782.51    | 0.03%             | 2030-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140XHWY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1674009 | PA      | $1450576.41   | 0.16%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.00                                                                      | CUSIP: 3140XJQY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    401316 | PA      | $347753.35    | 0.04%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                | Motorola Solutions Inc 5.20 08/15/2032                                                    | CUSIP: 620076CB3<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    260000 | PA      | $263581.06    | 0.03%             | 2032-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mountain View Funding CLO                                             | Mountain View CLO 2017-2 LLC 6.28                                                         | CUSIP: 62432LAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    236371 | PA      | $237059.71    | 0.03%             | 2031-01-16      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 2.50                                                                      | CUSIP: 3140XKAQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    510068 | PA      | $422595.50    | 0.05%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund            | State Street Institutional US Government Money Market Fund                                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   3343880 | NS      | $3343880.36   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Nationwide Building Society                                           | Nationwide Building Society 4.13 10/18/2032                                               | CUSIP: 63859WAF6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $243957.02    | 0.03%             | 2032-10-18      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| New Economy Assets - Phase 1 Sponsor LLC                              | New Economy Assets - Phase 1 Sponsor LLC 2.41                                             | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $1068172.25   | 0.12%             | 2061-10-20      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TURNPIKE                                                   | New Jersey Turnpike Authority 7.10% 01/01/2041                                            | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |     95000 | PA      | $108685.86    | 0.01%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                   | City of New York NY 6.27% 12/01/2037                                                      | CUSIP: 64966JAR7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     95000 | PA      | $101394.44    | 0.01%             | 2037-12-01      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| CME Ultra Long Term US Treasury                                       | US ULTRA BOND CBT Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       100 | NC      | $147617.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT US Long Bond Future                                              | US LONG BOND(CBT) Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        27 | NC      | $49494.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp / Newcrest Finance Pty Ltd                               | Newmont Corp / Newcrest Finance Pty Ltd 5.35 03/15/2034                                   | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $389155.25    | 0.04%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Niagara Mohawk Power Corp                                             | Niagara Mohawk Power Corp 4.65 10/03/2030                                                 | CUSIP: 653522DT6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    135000 | PA      | $134128.48    | 0.01%             | 2030-10-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                          | NiSource Inc 5.35 07/15/2035                                                              | CUSIP: 65473PAX3<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    340000 | PA      | $341260.33    | 0.04%             | 2035-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                       | Nordea Bank Abp (pfd) 6.63% 09/26/2173 Perpetual                                          | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | EP               | CORP              | FI        |   1250000 | NS      | $1260083.75   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOT 10 Year Ultra US Treasury Note                                   | US 10yr Ultra Fut Sep25                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        32 | NC      | $8937.59      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                                                          | Nordson Corp 4.50 12/15/2029                                                              | CUSIP: 655663AC6<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |    495000 | PA      | $492101.04    | 0.05%             | 2029-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Northern Natural Gas Co                                               | Northern Natural Gas Co 5.63 02/01/2054                                                   | CUSIP: 665501AN2<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |    155000 | PA      | $148127.35    | 0.02%             | 2054-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                           | Northern States Power Co/MN 5.10 05/15/2053                                               | CUSIP: 665772CX5<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    260000 | PA      | $241493.20    | 0.03%             | 2053-05-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co/MN                                           | Northern States Power Co/MN 5.65 05/15/2055                                               | CUSIP: 665772DA4<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    157000 | PA      | $157364.55    | 0.02%             | 2055-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                   | Northern Trust Corp 3.38 05/08/2032                                                       | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   1069000 | PA      | $1035444.09   | 0.12%             | 2032-05-08      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                 | Northrop Grumman Corp 5.15 05/01/2040                                                     | CUSIP: 666807BT8<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    190000 | PA      | $184860.41    | 0.02%             | 2040-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Novant Health Inc                                                     | Novant Health Inc 3.17 11/01/2051                                                         | CUSIP: 66988AAH7<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |    245000 | PA      | $161330.96    | 0.02%             | 2051-11-01      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| OBX 2024-HYB2 Trust                                                   | OBX 2024-HYB2 Trust 3.67                                                                  | CUSIP: 67118RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    344965 | PA      | $341939.58    | 0.04%             | 2053-04-25      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM7 Trust                                                   | OBX 2024-NQM7 Trust 6.24                                                                  | CUSIP: 67119FAA1<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-MBS          | CORP              | US        |    299243 | PA      | $301680.55    | 0.03%             | 2064-03-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| OBX 2025-J1 Trust                                                     | OBX 2025-J1 Trust 6.00                                                                    | CUSIP: 673923AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    635081 | PA      | $641600.30    | 0.07%             | 2055-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| OBX 2024-HYB1 Trust                                                   | OBX 2024-HYB1 Trust 3.63                                                                  | CUSIP: 67448MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210033 | PA      | $206740.09    | 0.02%             | 2053-03-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                             | Ohio Turnpike & Infrastructure Commission 3.22% 02/15/2048                                | CUSIP: 67760HNB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $237010.59    | 0.03%             | 2048-02-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp                                                  | OneMain Finance Corp 7.50 05/15/2031                                                      | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    179000 | PA      | $186718.18    | 0.02%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                           | Oracle Corp 3.60 04/01/2040                                                               | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1112000 | PA      | $878139.19    | 0.10%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                           | Oracle Corp 5.50 09/27/2064                                                               | CUSIP: 68389XCV5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178826.75    | 0.02%             | 2064-09-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp                                                 | Blue Owl Capital Corp 5.95 03/15/2029                                                     | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    268000 | PA      | $268692.99    | 0.03%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Pepperdine University                                                 | Pepperdine University 3.30 12/01/2059                                                     | CUSIP: 71338QAC0<br>LEI: 549300G0RVHY0VSFWD76 | Long             | DBT              | CORP              | US        |    355000 | PA      | $225119.63    | 0.03%             | 2059-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                   | Petroleos Mexicanos 5.35 02/12/2028                                                       | CUSIP: 71654QCK6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1197000 | PA      | $1167835.01   | 0.13%             | 2028-02-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                   | Petroleos Mexicanos 6.84 01/23/2030                                                       | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    103000 | PA      | $101422.42    | 0.01%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                   | Petroleos Mexicanos 5.95 01/28/2031                                                       | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1110000 | PA      | $1030992.53   | 0.12%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                     | Piedmont Operating Partnership LP 9.25 07/20/2028                                         | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    435000 | PA      | $479086.88    | 0.05%             | 2028-07-20      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                     | Piedmont Operating Partnership LP 6.88 07/15/2029                                         | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     78000 | PA      | $81633.84     | 0.01%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                               | Port Authority of New York & New Jersey 4.93% 10/01/2051                                  | CUSIP: 73358WEK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     50000 | PA      | $45859.99     | 0.01%             | 2051-10-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2025-1                               | Provident Funding Mortgage Trust 2025-1 5.50                                              | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1684176 | PA      | $1683296.15   | 0.19%             | 2055-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2025-3                               | Provident Funding Mortgage Trust 2025-3 5.50                                              | CUSIP: 74388PAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1297498.93   | 0.14%             | 2055-07-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2024-1                               | Provident Funding Mortgage Trust 2024-1 5.50                                              | CUSIP: 74389BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1339102 | PA      | $1338106.02   | 0.15%             | 2054-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Service Electric and Gas Co                                    | Public Service Electric and Gas Co 5.50 03/01/2055                                        | CUSIP: 74456QCV6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    380000 | PA      | $374913.14    | 0.04%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES2                                         | RCKT Mortgage Trust 2024-CES2 6.14                                                        | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    357350 | PA      | $359932.72    | 0.04%             | 2044-04-25      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES4                                         | RCKT Mortgage Trust 2024-CES4 6.15                                                        | CUSIP: 74939FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    764983 | PA      | $770734.11    | 0.09%             | 2044-06-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES6                                         | RCKT Mortgage Trust 2024-CES6 5.34% 09/25/2044                                            | CUSIP: 749410AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    267896 | PA      | $268499.18    | 0.03%             | 2044-09-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES8                                         | RCKT Mortgage Trust 2024-CES8 5.49                                                        | CUSIP: 749421AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    680774 | PA      | $681096.80    | 0.08%             | 2044-11-25      | Variable      | 5.49%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                                                    | THL Credit Wind River 2013-2 CLO Ltd 6.16                                                 | CUSIP: 97314CAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    182290 | PA      | $182430.10    | 0.02%             | 2030-10-18      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                       | Danske Bank A/S (pfd) 4.38% 11/18/2173 Perpetual                                          | CUSIP: K2227DL59<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EP               | CORP              | DK        |   1470000 | NS      | $1452580.50   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                      | Skandinaviska Enskilda Banken AB (pfd) 6.88% 12/30/2173 Perpetual                         | CUSIP: W8T54FK56<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | EP               | CORP              | SE        |    800000 | NS      | $818767.20    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| New Zealand Government Bond                                           | New Zealand Government Bond 4.50 05/15/2035                                               | CUSIP: N/A<br>LEI: 549300237GPHG2AI7C34       | Long             | DBT              | NUSS              | NZ        |   1200000 | PA      | $705980.75    | 0.08%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DR Horton Inc                                                         | DR Horton Inc 4.85 10/15/2030                                                             | CUSIP: 23331ABT5<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    251000 | PA      | $252558.22    | 0.03%             | 2030-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DBSG 2024-ALTA A                                                      | DBSG 2024-ALTA A 6.14                                                                     | CUSIP: 239918AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    557000 | PA      | $564251.58    | 0.06%             | 2037-06-10      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                     | Dell International LLC / EMC Corp 5.30 04/01/2032                                         | CUSIP: 24703TAN6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    168000 | PA      | $171482.29    | 0.02%             | 2032-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc                                                   | Delta Air Lines Inc 4.95 07/10/2028                                                       | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    305000 | PA      | $306543.61    | 0.03%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ABN Amro Mortgage Corp                                                | ABN Amro Mortgage Corp 5.50                                                               | CUSIP: 000780BZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1146 | PA      | $1139.09      | 0.00%             | 2033-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AGCO Corp                                                             | AGCO Corp 5.80 03/21/2034                                                                 | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |    293000 | PA      | $298764.81    | 0.03%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                               | AEP Transmission Co LLC 5.38 06/15/2035                                                   | CUSIP: 00115AAS8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     74000 | PA      | $75258.93     | 0.01%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                              | AT&T Inc 6.38 03/01/2041                                                                  | CUSIP: 00206RDG4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     65000 | PA      | $69218.45     | 0.01%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ARZ Trust 2024-BILT                                                   | ARZ Trust 2024-BILT 5.77                                                                  | CUSIP: 00218TAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    505000 | PA      | $516340.08    | 0.06%             | 2029-06-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                            | AbbVie Inc 5.35 03/15/2044                                                                | CUSIP: 00287YDV8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    275000 | PA      | $268886.77    | 0.03%             | 2044-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The 6.48 10/24/2029                                               | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    630000 | PA      | $666150.52    | 0.07%             | 2029-10-24      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| ACREC Trust                                                           | ACREC 2023-FL2 LLC 6.57                                                                   | CUSIP: 00501BAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    446103 | PA      | $447417.45    | 0.05%             | 2038-02-19      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                                         | Aircastle Ltd 5.95 02/15/2029                                                             | CUSIP: 00928QAY7<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | US        |    195000 | PA      | $201790.57    | 0.02%             | 2029-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                           | Goldman Sachs Group Inc/The 4.69 10/23/2030                                               | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    193000 | PA      | $192904.15    | 0.02%             | 2030-10-23      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| Golub Capital BDC Inc                                                 | Golub Capital BDC Inc 7.05 12/05/2028                                                     | CUSIP: 38173MAD4<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    293000 | PA      | $307649.04    | 0.03%             | 2028-12-05      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                       | Aligned Data Centers Issuer LLC 2.48                                                      | CUSIP: 01627AAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    642000 | PA      | $617119.29    | 0.07%             | 2046-08-15      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                            | Allianz SE (pfd) 3.50% 04/30/2174 Perpetual                                               | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | EP               | CORP              | DE        |   1400000 | NS      | $1384289.76   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodgreen Trust                                                       | Goodgreen 2020-1 Trust 2.63                                                               | CUSIP: 38217TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    474856 | PA      | $390088.78    | 0.04%             | 2055-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Goodgreen 2018-1                                                      | Goodgreen 2018-1 3.93                                                                     | CUSIP: 38218GAA0<br>LEI: 549300X0P2BXCQULUH20 | Long             | ABS-MBS          | CORP              | US        |    248220 | PA      | $227246.43    | 0.03%             | 2053-10-15      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | FNCL 5 8/25 MBS 30yr                                                                      | CUSIP: 01F050684<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   7698000 | PA      | $7493480.00   | 0.84%             | 2055-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                 | FNCL 5.5 8/25 MBS 30yr                                                                    | CUSIP: 01F052680<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   8886000 | PA      | $8840343.73   | 0.99%             | 2055-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                               | HCA Inc 5.25 03/01/2030                                                                   | CUSIP: 404119CZ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    276000 | PA      | $282051.67    | 0.03%             | 2030-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                               | HCA Inc 6.20 03/01/2055                                                                   | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129816.84    | 0.01%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                   | American Express Co (pfd) 3.55% 09/15/2173 Perpetual                                      | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | EP               | CORP              | US        |   1120000 | NS      | $1097468.18   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                                           | American Honda Finance Corp 4.95 01/09/2026                                               | CUSIP: 02665WEY3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | CA        |    495000 | PA      | $495714.73    | 0.06%             | 2026-01-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| American International Group Inc                                      | American International Group Inc 4.38 06/30/2050                                          | CUSIP: 026874DP9<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    210000 | PA      | $173822.90    | 0.02%             | 2050-06-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                               | Bank of Nova Scotia/The 8.63 10/27/2082                                                   | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    520000 | PA      | $553603.44    | 0.06%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                            | HPS Corporate Lending Fund 6.25 09/30/2029                                                | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    179000 | PA      | $183039.64    | 0.02%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                            | HPS Corporate Lending Fund 5.45 01/14/2028                                                | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    160000 | PA      | $160399.19    | 0.02%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co                                         | Hewlett Packard Enterprise Co 4.85 10/15/2031                                             | CUSIP: 42824CBU2<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    295000 | PA      | $294003.26    | 0.03%             | 2031-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                                                    | Home Depot Inc/The 5.30 06/25/2054                                                        | CUSIP: 437076DF6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    252000 | PA      | $240247.21    | 0.03%             | 2054-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                                                   | Hotwire Funding LLC 5.89                                                                  | CUSIP: 44148JAH2<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $606661.62    | 0.07%             | 2054-06-20      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                    | City of Houston TX 3.96% 03/01/2047                                                       | CUSIP: 4423313K8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    120000 | PA      | $99199.44     | 0.01%             | 2047-03-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                     | Hyatt Hotels Corp 5.75 03/30/2032                                                         | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    161000 | PA      | $165189.41    | 0.02%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                               | Hyundai Capital America 6.50 01/16/2029                                                   | CUSIP: 44891ACR6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    117000 | PA      | $123454.76    | 0.01%             | 2029-01-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                               | Bank of Nova Scotia/The 8.00 01/27/2084                                                   | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    480000 | PA      | $512886.72    | 0.06%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BANK5 Trust 2024-5YR6                                                 | BANK5 Trust 2024-5YR6 6.23                                                                | CUSIP: 066043AB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    692000 | PA      | $725428.31    | 0.08%             | 2057-05-15      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| Icon Investments Six DAC                                              | Icon Investments Six DAC 6.00 05/08/2034                                                  | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    301000 | PA      | $308188.12    | 0.03%             | 2034-05-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                          | ING Groep NV (pfd) 5.75% 11/16/2173 Perpetual                                             | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |   1250000 | NS      | $1247076.88   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Beacon Funding Trust                                                  | Beacon Funding Trust 6.27 08/15/2054                                                      | CUSIP: 073952AB9<br>LEI: 984500A80A2EBF5A7C93 | Long             | DBT              | CORP              | US        |    310000 | PA      | $307040.21    | 0.03%             | 2054-08-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                      | Black Hills Corp 6.00 01/15/2035                                                          | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    204000 | PA      | $212199.23    | 0.02%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                            | Intel Corp 3.90 03/25/2030                                                                | CUSIP: 458140BR0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    575000 | PA      | $553551.82    | 0.06%             | 2030-03-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                            | Intel Corp 5.15 02/21/2034                                                                | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    280000 | PA      | $277072.40    | 0.03%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital II Aircraft Lease Ltd                               | Blackbird Capital II Aircraft Lease Ltd 2.44                                              | CUSIP: 09229CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    592618 | PA      | $554516.66    | 0.06%             | 2046-07-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                        | Blackstone Private Credit Fund 5.95 07/16/2029                                            | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91829.23     | 0.01%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                            | Intel Corp 5.60 02/21/2054                                                                | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    215000 | PA      | $190106.81    | 0.02%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                   | Intesa Sanpaolo SpA (pfd) 7.70% 03/17/2174 Perpetual                                      | CUSIP: 46115HAU1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EP               | CORP              | IT        |    555000 | NS      | $557773.89    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                      | Blue Owl Technology Finance Corp 6.10 03/15/2028                                          | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    346000 | PA      | $348125.48    | 0.04%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                        | BNP Paribas SA 4.38 03/01/2033                                                            | CUSIP: 09659T2A8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    349000 | PA      | $342409.40    | 0.04%             | 2033-03-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                   | Intesa Sanpaolo SpA 3.88 07/14/2027                                                       | CUSIP: 46115HBB2<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    400000 | PA      | $393974.83    | 0.04%             | 2027-07-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                   | Intesa Sanpaolo SpA 4.20 06/01/2032                                                       | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    536000 | PA      | $497626.73    | 0.06%             | 2032-06-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                         | Boeing Co/The 5.71 05/01/2040                                                             | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    295000 | PA      | $293239.82    | 0.03%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc                                        | BP Capital Markets America Inc 3.06 06/17/2041                                            | CUSIP: 10373QBR0<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    250000 | PA      | $184398.09    | 0.02%             | 2041-06-17      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024 RPL1                             | BRAVO Residential Funding Trust 2024 RPL1 3.25                                            | CUSIP: 10568TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    968134 | PA      | $893381.79    | 0.10%             | 2063-10-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-NQM2                             | BRAVO Residential Funding Trust 2024-NQM2 6.29                                            | CUSIP: 10569KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    808107 | PA      | $813075.35    | 0.09%             | 2064-02-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-CES1                             | BRAVO Residential Funding Trust 2024-CES1 6.38                                            | CUSIP: 10570NAA6<br>LEI: 254900UJENIYH5UEYD42 | Long             | ABS-MBS          | CORP              | US        |    559624 | PA      | $564734.59    | 0.06%             | 2054-04-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Brazilian Government International Bond                               | Brazilian Government International Bond 6.63 03/15/2035                                   | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    327000 | PA      | $329031.55    | 0.04%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                               | Bristol-Myers Squibb Co 5.55 02/22/2054                                                   | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    365000 | PA      | $353297.17    | 0.04%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Capital Automotive REIT                                               | Capital Automotive REIT 4.90                                                              | CUSIP: 12510HAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    738833 | PA      | $733888.96    | 0.08%             | 2054-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                          | SM Energy Co 6.75 09/15/2026                                                              | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    265000 | PA      | $265806.66    | 0.03%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Sofi Mortgage Trust 2016-1                                            | Sofi Mortgage Trust 2016-1 3.00                                                           | CUSIP: 78471KAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     33618 | PA      | $29940.46     | 0.00%             | 2046-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                               | CNO Financial Group Inc 6.45 06/15/2034                                                   | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    215000 | PA      | $224101.80    | 0.03%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                       | CVS Health Corp 6.00 06/01/2044                                                           | CUSIP: 126650EE6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    410000 | PA      | $404069.01    | 0.05%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust 2025-DATA                              | SWCH Commercial Mortgage Trust 2025-DATA 5.78                                             | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1213000 | PA      | $1208837.23   | 0.13%             | 2042-02-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust 2024-CES1                     | Saluda Grade Alternative Mortgage Trust 2024-CES1 6.31                                    | CUSIP: 79581VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    741700 | PA      | $746511.04    | 0.08%             | 2054-03-25      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                         | Citigroup Inc (pfd) 6.88% 11/15/2173 Perpetual                                            | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    560000 | NS      | $566160.00    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                     | CUSIP: 3132DNQ71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    263533 | PA      | $237860.02    | 0.03%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                               | Charles Schwab Corp/The (pfd) 4.00% 06/01/2174 Perpetual                                  | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    925000 | NS      | $912981.48    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                               | Charles Schwab Corp/The (pfd) 5.00% 06/01/2174 Perpetual                                  | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    740000 | NS      | $736612.21    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 5.00                                                                     | CUSIP: 3132DNXS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    522573 | PA      | $514480.56    | 0.06%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 6.00                                                                     | CUSIP: 3132DPM96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1325640 | PA      | $1348975.58   | 0.15%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                | Sempra 3.25 06/15/2027                                                                    | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    180000 | PA      | $175929.09    | 0.02%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                | Sempra (pfd) 4.88% 10/15/2173 Perpetual                                                   | CUSIP: 816851BK4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EP               | CORP              | US        |    770000 | NS      | $768291.60    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                     | CUSIP: 3132DQQF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1623128 | PA      | $1482675.97   | 0.17%             | 2049-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.50                                                                     | CUSIP: 3132DWE66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    721480 | PA      | $686044.67    | 0.08%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-6                                         | Sequoia Mortgage Trust 2024-6 6.00                                                        | CUSIP: 81743DAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    783200 | PA      | $785330.52    | 0.09%             | 2054-07-27      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-8                                         | Sequoia Mortgage Trust 2024-8 5.50                                                        | CUSIP: 81749NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    433257 | PA      | $432541.50    | 0.05%             | 2054-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.50                                                                     | CUSIP: 3133AQXM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1566022 | PA      | $1290990.40   | 0.14%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.50                                                                     | CUSIP: 3133AUTC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    778026 | PA      | $647306.93    | 0.07%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                        | Sequoia Mortgage Trust 2024-10 5.50                                                       | CUSIP: 81749QAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    515396 | PA      | $514714.55    | 0.06%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                        | Sequoia Mortgage Trust 2024-10 5.50                                                       | CUSIP: 81749QAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    385451 | PA      | $384231.78    | 0.04%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-7                                         | Sequoia Mortgage Trust 2025-7 5.50                                                        | CUSIP: 81749VAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1550000 | PA      | $1551966.02   | 0.17%             | 2055-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Shackleton CLO Ltd                                                    | Shackleton 2017-XI Clo Ltd 6.24                                                           | CUSIP: 81883EAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    900000 | PA      | $901350.00    | 0.10%             | 2030-08-15      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.00                                                                     | CUSIP: 3133BBGD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    890456 | PA      | $828270.42    | 0.09%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.50                                                                     | CUSIP: 3133BBGS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1044808 | PA      | $943831.30    | 0.11%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Shell Finance US Inc                                                  | Shell Finance US Inc 4.38 05/11/2045                                                      | CUSIP: 822905AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $151717.98    | 0.02%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Siemens Financieringsmaatschappij NV                                  | Siemens Financieringsmaatschappij NV 1.20 03/11/2026                                      | CUSIP: 82620KAZ6<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $343400.94    | 0.04%             | 2026-03-11      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.50                                                                     | CUSIP: 3133BPZW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1451880 | PA      | $1380578.65   | 0.15%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.50                                                                     | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1708423 | PA      | $1415553.71   | 0.16%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Sierra Timeshare 2021-1 Receivables Funding LLC                       | Sierra Timeshare 2021-1 Receivables Funding LLC 1.79                                      | CUSIP: 82652QAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65730 | PA      | $64779.27     | 0.01%             | 2037-11-20      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| Snam SpA                                                              | Snam SpA 6.50 05/28/2055                                                                  | CUSIP: 83304JAC1<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |    208000 | PA      | $216232.44    | 0.02%             | 2055-05-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                     | CUSIP: 3133KMEZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    651045 | PA      | $561330.41    | 0.06%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 2.00                                                                     | CUSIP: 3133KMLL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1433550 | PA      | $1132865.93   | 0.13%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                   | Societe Generale SA (pfd) 4.75% 11/26/2173 Perpetual                                      | CUSIP: 83370RAB4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    492000 | NS      | $487328.95    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                   | Societe Generale SA (pfd) 9.38% 05/22/2174 Perpetual                                      | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    200000 | NS      | $214558.60    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 3.00                                                                     | CUSIP: 3133KNNV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    857943 | PA      | $744919.80    | 0.08%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.00                                                                     | CUSIP: 3133KPGB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1305656 | PA      | $1207600.99   | 0.13%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                                                       | Southern Co/The 4.00 01/15/2051                                                           | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    184000 | PA      | $183300.27    | 0.02%             | 2051-01-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Natural Gas Co LLC                                           | Southern Natural Gas Co LLC 5.45 08/01/2035                                               | CUSIP: 84346LAD2<br>LEI: 254900KDLS1X42SY7037 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125278.63    | 0.01%             | 2035-08-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                   | Sprint Capital Corp 6.88 11/15/2028                                                       | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    291000 | PA      | $311190.07    | 0.03%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 4.00                                                                     | CUSIP: 3133KPMJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2871320 | PA      | $2670795.65   | 0.30%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 6.00                                                                     | CUSIP: 3133KQDW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2523154 | PA      | $2567704.90   | 0.29%             | 2052-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                      | Freddie Mac Pool 5.50                                                                     | CUSIP: 3133KQE28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    402498 | PA      | $403310.90    | 0.05%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 3.50                                                                      | CUSIP: 3140QPAJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1609067 | PA      | $1443478.54   | 0.16%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 4.50                                                                      | CUSIP: 3140QPSR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1261318 | PA      | $1199413.16   | 0.13%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                      | CUSIP: 3140QPXM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2868258 | PA      | $2815166.79   | 0.31%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                       | Fannie Mae Pool 5.00                                                                      | CUSIP: 3140QQ7G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2062064 | PA      | $2019526.76   | 0.23%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.50                                                                   | CUSIP: 36179ME30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    204632 | PA      | $189482.12    | 0.02%             | 2042-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 2.50                                                                   | CUSIP: 36179V7E4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1151735 | PA      | $971388.21    | 0.11%             | 2051-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.00                                                                   | CUSIP: 36179VMD9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    451948 | PA      | $396762.48    | 0.04%             | 2050-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                              | Ginnie Mae II Pool 3.00                                                                   | CUSIP: 36179VQT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1194320 | PA      | $1047745.36   | 0.12%             | 2050-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                         | MARKIT CDX.NA.HY.44 06/30                                                                 | CUSIP: SPED05UQ1<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |   3500000 | OU      | $-252779.21   | -0.03%            | 2030-06-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-24

**Name of Applicant:** American Century Mutual Funds, Inc.

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer