# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-039678
**Filing Date:** 2023-2
**Character Count:** 477486
**Document Hash:** e36f8fbbac45b72dcf93c791bf96c219
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039678.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039678

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23665918

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Diversified Income Builder Fund (Series ID: S000029101)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089465 | Class A             | EKSAX           |
| C000089467 | Class C             | EKSCX           |
| C000089468 | Institutional Class | EKSYX           |
| C000092802 | Administrator Class | EKSDX           |
| C000205250 | Class R6            | EKSRX           |

## Nport-Ex

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Asset-backed securities: 3.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABPCI Direct Lending Fund Series 2022-2A Class C 144A | 8.24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2032 | $&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;$2448403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqua Finance Trust Series 2019-A Class A 144A | 3.14 | &nbsp;&nbsp;&nbsp;&nbsp;7-16-2040 | &nbsp;&nbsp;&nbsp; 82768 | &nbsp;&nbsp;&nbsp;&nbsp; 77929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BREX Incorporated Series 2022-1 Class A 144A | 4.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 968248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cologix Data Centers Issuer Series 2021-1A Class C 144A | 5.99 | &nbsp;&nbsp;12-26-2051 | &nbsp;&nbsp;&nbsp;2400000 | &nbsp;&nbsp;&nbsp;&nbsp; 2015885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Driven Brands Funding LLC Series 2019-2A Class A2 144A | 3.98 | &nbsp;&nbsp;10-20-2049 | &nbsp;&nbsp;&nbsp; 776000 | &nbsp;&nbsp;&nbsp;&nbsp; 684366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden Senior Loan Fund Series 2019-80A Class DR (U.S. SOFR 3 Month +3.10%) 144A± | 6.96 | &nbsp;&nbsp;&nbsp;&nbsp;1-17-2033 | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2539119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NMEF Funding LLC Series 2022-A Class D 144A | 6.75 | &nbsp;&nbsp;10-16-2028 | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2660934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO Limited Series 2022-1A Class D (U.S. SOFR 3 Month +3.30%) 144A± | 7.36 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2035 | &nbsp;&nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp; 1465384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VB-S1 Issuer LLC Series 2022-1A Class F 144A | 5.27 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2052 | &nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1245754 |
| &nbsp;&nbsp;**Total Asset-backed securities (Cost $16,507,475)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **14106022** |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Common stocks: 26.50%** |  |  |
| &nbsp;&nbsp;**Communication services: 2.06%** |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 0.43%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AT&T Incorporated # | &nbsp;&nbsp;&nbsp; 44329 | &nbsp;&nbsp;&nbsp;&nbsp; 816097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indus Towers Limited | &nbsp;&nbsp;&nbsp; 38085 | &nbsp;&nbsp;&nbsp;&nbsp; 87674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PT Telekomunikasi Indonesia Persero Tbk | &nbsp;&nbsp;&nbsp;2898281 | &nbsp;&nbsp;&nbsp;&nbsp; 698157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saudi Telecom Company | &nbsp;&nbsp;&nbsp; 9311 | &nbsp;&nbsp;&nbsp;&nbsp; 90607 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1692535** |
| &nbsp;&nbsp;**Entertainment: 0.03%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment Incorporated †# | &nbsp;&nbsp;&nbsp; 1607 | &nbsp;&nbsp;&nbsp;&nbsp; **112072** |
| &nbsp;&nbsp;**Interactive media & services: 1.11%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet Incorporated Class A † | &nbsp;&nbsp;&nbsp; 36407 | &nbsp;&nbsp;&nbsp;&nbsp; 3212190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet Incorporated Class C †# | &nbsp;&nbsp;&nbsp; 3220 | &nbsp;&nbsp;&nbsp;&nbsp; 285711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baidu Incorporated Class A | &nbsp;&nbsp;&nbsp; 5208 | &nbsp;&nbsp;&nbsp;&nbsp; 74529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings Limited | &nbsp;&nbsp;&nbsp; 9500 | &nbsp;&nbsp;&nbsp;&nbsp; 406511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ZoomInfo Technologies Incorporated †# | &nbsp;&nbsp;&nbsp; 14862 | &nbsp;&nbsp;&nbsp;&nbsp; 447495 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4426436** |
| &nbsp;&nbsp;**Media: 0.32%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation Class A # | &nbsp;&nbsp;&nbsp; 17804 | &nbsp;&nbsp;&nbsp;&nbsp; 622606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Publicis Groupe SA | &nbsp;&nbsp;&nbsp; 10401 | &nbsp;&nbsp;&nbsp;&nbsp; 661567 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1284173** |
| &nbsp;&nbsp;**Wireless telecommunication services: 0.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;America Movil SAB de CV ADR | &nbsp;&nbsp;&nbsp; 3017 | &nbsp;&nbsp;&nbsp;&nbsp; 54909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SK Telecom Company Limited | &nbsp;&nbsp;&nbsp; 16079 | &nbsp;&nbsp;&nbsp;&nbsp; 603185 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**658094** |
| &nbsp;&nbsp;**Consumer discretionary: 3.10%** |  |  |
| &nbsp;&nbsp;**Automobiles: 0.68%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bajaj Auto Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662622 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 1

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Automobiles (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Company # | &nbsp;&nbsp;&nbsp; 13550 | &nbsp;&nbsp;$455822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Honda Motor Company Limited | &nbsp;&nbsp;&nbsp; 26500 | &nbsp;&nbsp;&nbsp;&nbsp; 612222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kia Corporation | &nbsp;&nbsp;&nbsp; 2679 | &nbsp;&nbsp;&nbsp;&nbsp; 126048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | &nbsp;&nbsp;&nbsp; 36257 | &nbsp;&nbsp;&nbsp;&nbsp; 514793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla Motors Incorporated †# | &nbsp;&nbsp;&nbsp; 1849 | &nbsp;&nbsp;&nbsp;&nbsp; 227760 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2705567** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Airbnb Incorporated Class A †# | &nbsp;&nbsp;&nbsp; 2828 | &nbsp;&nbsp;&nbsp;&nbsp; 241794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill Incorporated †# | &nbsp;&nbsp;&nbsp; 279 | &nbsp;&nbsp;&nbsp;&nbsp; 387110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Papa John's International Incorporated # | &nbsp;&nbsp;&nbsp; 4649 | &nbsp;&nbsp;&nbsp;&nbsp; 382659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Planet Fitness Incorporated Class A †# | &nbsp;&nbsp;&nbsp; 5615 | &nbsp;&nbsp;&nbsp;&nbsp; 442462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yum China Holdings Incorporated | &nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 84364 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1538389** |
| &nbsp;&nbsp;**Household durables: 0.18%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barratt Developments plc | &nbsp;&nbsp;&nbsp; 106947 | &nbsp;&nbsp;&nbsp;&nbsp; 513037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midea Group Company Limited Class A | &nbsp;&nbsp;&nbsp; 27099 | &nbsp;&nbsp;&nbsp;&nbsp; 201926 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **714963** |
| &nbsp;&nbsp;**Internet & direct marketing retail: 0.94%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding Limited | &nbsp;&nbsp;&nbsp; 32300 | &nbsp;&nbsp;&nbsp;&nbsp; 356914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com Incorporated †# | &nbsp;&nbsp;&nbsp; 33351 | &nbsp;&nbsp;&nbsp;&nbsp; 2801484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JD.com Incorporated Class A | &nbsp;&nbsp;&nbsp; 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 564222 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3722620** |
| &nbsp;&nbsp;**Multiline retail: 0.14%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Poya International Company Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Target Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489447 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**549337** |
| &nbsp;&nbsp;**Specialty retail: 0.62%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Yongda Automobile Service Holding Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chow Tai Fook Jewellery Company Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Five Below Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floor & Decor Holdings Incorporated Class A †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Leslie's Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40383 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petco Health & Wellness Company # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Electronics Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45835 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2485279** |
| &nbsp;&nbsp;**Textiles, apparel & luxury goods: 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;lululemon athletica Incorporated † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On Holding AG Class A †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172733 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**590829** |
| &nbsp;&nbsp;**Consumer staples: 0.99%** |  |  |
| &nbsp;&nbsp;**Beverages: 0.31%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ambev SA † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79809 |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Beverages (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands Incorporated Class A # | &nbsp;&nbsp;&nbsp; 1254 | &nbsp;&nbsp;$290615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PepsiCo Incorporated # | &nbsp;&nbsp;&nbsp; 4723 | &nbsp;&nbsp;&nbsp;&nbsp; 853257 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1223681** |
| &nbsp;&nbsp;**Food & staples retailing: 0.42%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cencosud SA | &nbsp;&nbsp;&nbsp; 53709 | &nbsp;&nbsp;&nbsp;&nbsp; 88328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corporation # | &nbsp;&nbsp;&nbsp; 2380 | &nbsp;&nbsp;&nbsp;&nbsp; 1086470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnit PJSC (Acquired 4-29-2013, cost $32,870,257) ♦†> | &nbsp;&nbsp;&nbsp; 1041 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sysco Corporation # | &nbsp;&nbsp;&nbsp; 4445 | &nbsp;&nbsp;&nbsp;&nbsp; 339820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart de Mexico SAB de CV | &nbsp;&nbsp;&nbsp; 38300 | &nbsp;&nbsp;&nbsp;&nbsp; 135381 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1649999** |
| &nbsp;&nbsp;**Food products: 0.19%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archer Daniels Midland Company # | &nbsp;&nbsp;&nbsp; 3870 | &nbsp;&nbsp;&nbsp;&nbsp; 359330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Bimbo SAB de CV Series A † | &nbsp;&nbsp;&nbsp; 16400 | &nbsp;&nbsp;&nbsp;&nbsp; 69264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia Yili Industrial Group Company Limited Class A | &nbsp;&nbsp;&nbsp; 27300 | &nbsp;&nbsp;&nbsp;&nbsp; 121740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerva SA | &nbsp;&nbsp;&nbsp; 25124 | &nbsp;&nbsp;&nbsp;&nbsp; 61659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tingyi Holding Corporation | &nbsp;&nbsp;&nbsp; 75800 | &nbsp;&nbsp;&nbsp;&nbsp; 133820 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **745813** |
| &nbsp;&nbsp;**Household products: 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PT Unilever Indonesia Tbk | &nbsp;&nbsp;&nbsp; 148000 | &nbsp;&nbsp;&nbsp;&nbsp; **44683** |
| &nbsp;&nbsp;**Personal products: 0.06%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Company India Limited | &nbsp;&nbsp;&nbsp; 7320 | &nbsp;&nbsp;&nbsp;&nbsp; 135933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Estee Lauder Companies Incorporated Class A # | &nbsp;&nbsp;&nbsp; 451 | &nbsp;&nbsp;&nbsp;&nbsp; 111898 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **247831** |
| &nbsp;&nbsp;**Energy: 0.75%** |  |  |
| &nbsp;&nbsp;**Energy equipment & services: 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Oilfield Services Limited H Shares † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**90943** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.73%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1199588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecopetrol SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industries Qatar † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shell plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543704 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2873198** |
| &nbsp;&nbsp;**Financials: 4.35%** |  |  |
| &nbsp;&nbsp;**Banks: 1.38%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Absa Group Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alinma Bank † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bangkok Bank PCL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Baroda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of the Philippine Islands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank Pekao SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Construction Bank Class H | &nbsp;&nbsp;&nbsp;&nbsp;193000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credicorp Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66745 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 3

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTBC Financial Holding Company Limited | &nbsp;&nbsp;&nbsp; 169000 | &nbsp;&nbsp;$121517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBS Group Holdings Limited | &nbsp;&nbsp;&nbsp; 26100 | &nbsp;&nbsp;&nbsp;&nbsp; 660977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Financiero Banorte SAB de CV | &nbsp;&nbsp;&nbsp; 7700 | &nbsp;&nbsp;&nbsp;&nbsp; 55415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hana Financial Group Incorporated | &nbsp;&nbsp;&nbsp; 3671 | &nbsp;&nbsp;&nbsp;&nbsp; 122241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KB Financial Group Incorporated | &nbsp;&nbsp;&nbsp; 17311 | &nbsp;&nbsp;&nbsp;&nbsp; 663230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Commercial Bank | &nbsp;&nbsp;&nbsp; 8592 | &nbsp;&nbsp;&nbsp;&nbsp; 115644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Postal Savings Bank of China Company Limited Class H 144A | &nbsp;&nbsp;&nbsp;1392000 | &nbsp;&nbsp;&nbsp;&nbsp; 864934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PT Bank Mandiri Persero Tbk | &nbsp;&nbsp;&nbsp; 84900 | &nbsp;&nbsp;&nbsp;&nbsp; 54128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PT Bank Negara Indonesia Persero Tbk | &nbsp;&nbsp;&nbsp; 197050 | &nbsp;&nbsp;&nbsp;&nbsp; 116768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qatar National Bank † | &nbsp;&nbsp;&nbsp; 18231 | &nbsp;&nbsp;&nbsp;&nbsp; 90368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RHB Bank Bhd | &nbsp;&nbsp;&nbsp; 46058 | &nbsp;&nbsp;&nbsp;&nbsp; 60539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standard Bank Group Limited | &nbsp;&nbsp;&nbsp; 9429 | &nbsp;&nbsp;&nbsp;&nbsp; 93112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tisco Financial Group PCL † | &nbsp;&nbsp;&nbsp; 32300 | &nbsp;&nbsp;&nbsp;&nbsp; 92559 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **5469305** |
| &nbsp;&nbsp;**Capital markets: 1.95%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3i Group plc | &nbsp;&nbsp;&nbsp; 43335 | &nbsp;&nbsp;&nbsp;&nbsp; 702810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares Capital Corporation # | &nbsp;&nbsp;&nbsp; 44749 | &nbsp;&nbsp;&nbsp;&nbsp; 826514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B3 Brasil Bolsa Balcao SA | &nbsp;&nbsp;&nbsp; 28600 | &nbsp;&nbsp;&nbsp;&nbsp; 71461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco BTG Pactual SA † | &nbsp;&nbsp;&nbsp; 16804 | &nbsp;&nbsp;&nbsp;&nbsp; 76012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock Incorporated # | &nbsp;&nbsp;&nbsp; 307 | &nbsp;&nbsp;&nbsp;&nbsp; 217549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China International Capital Corporation Limited Class H 144A | &nbsp;&nbsp;&nbsp; 55600 | &nbsp;&nbsp;&nbsp;&nbsp; 106136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CME Group Incorporated # | &nbsp;&nbsp;&nbsp; 4276 | &nbsp;&nbsp;&nbsp;&nbsp; 719052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hong Kong Exchanges & Clearing Limited | &nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 86401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interactive Brokers Group Incorporated Class A # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LPL Financial Holdings Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Man Group plc | &nbsp;&nbsp;&nbsp;&nbsp;189660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MarketAxess Holdings Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oaktree Specialty Lending Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Charles Schwab Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tradeweb Markets Incorporated Class A # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323793 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7739190** |
| &nbsp;&nbsp;**Consumer finance: 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 DigiTech Incorporated ADR Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**93982** |
| &nbsp;&nbsp;**Diversified financial services: 0.22%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LIC Housing Finance Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORIX Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713484 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**878423** |
| &nbsp;&nbsp;**Insurance: 0.67%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AXA SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BB Seguridade Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;133703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ping An Insurance Group Company Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Progressive Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sompo Holdings Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634045 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2669859** |
| &nbsp;&nbsp;**Mortgage REITs: 0.11%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**417869** |

---

See accompanying notes to portfolio of investments

------

4 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Health care: 3.62%** |  |  |
| &nbsp;&nbsp;**Biotechnology: 0.74%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AbbVie Incorporated # | &nbsp;&nbsp;&nbsp; 4146 | &nbsp;&nbsp;$670035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Argenx SE †# | &nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 75766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical Incorporated †# | &nbsp;&nbsp;&nbsp; 2299 | &nbsp;&nbsp;&nbsp;&nbsp; 237924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences Incorporated # | &nbsp;&nbsp;&nbsp; 9252 | &nbsp;&nbsp;&nbsp;&nbsp; 794284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Horizon Therapeutics plc †# | &nbsp;&nbsp;&nbsp; 4407 | &nbsp;&nbsp;&nbsp;&nbsp; 501517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagen Incorporated # | &nbsp;&nbsp;&nbsp; 1574 | &nbsp;&nbsp;&nbsp;&nbsp; 202275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals Incorporated †# | &nbsp;&nbsp;&nbsp; 1215 | &nbsp;&nbsp;&nbsp;&nbsp; 350868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhejiang NHU Company Limited † | &nbsp;&nbsp;&nbsp; 45648 | &nbsp;&nbsp;&nbsp;&nbsp; 123121 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2955790** |
| &nbsp;&nbsp;**Health care equipment & supplies: 0.74%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boston Scientific Corporation †# | &nbsp;&nbsp;&nbsp; 23469 | &nbsp;&nbsp;&nbsp;&nbsp; 1085911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences Corporation †# | &nbsp;&nbsp;&nbsp; 2599 | &nbsp;&nbsp;&nbsp;&nbsp; 193911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hologic Incorporated # | &nbsp;&nbsp;&nbsp; 3760 | &nbsp;&nbsp;&nbsp;&nbsp; 281286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insulet Corporation †# | &nbsp;&nbsp;&nbsp; 1261 | &nbsp;&nbsp;&nbsp;&nbsp; 371226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical Incorporated † | &nbsp;&nbsp;&nbsp; 2174 | &nbsp;&nbsp;&nbsp;&nbsp; 576871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iRhythm Technologies Incorporated †# | &nbsp;&nbsp;&nbsp; 1120 | &nbsp;&nbsp;&nbsp;&nbsp; 104910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penumbra Incorporated # | &nbsp;&nbsp;&nbsp; 397 | &nbsp;&nbsp;&nbsp;&nbsp; 88317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stryker Corporation # | &nbsp;&nbsp;&nbsp; 938 | &nbsp;&nbsp;&nbsp;&nbsp; 229332 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2931764** |
| &nbsp;&nbsp;**Health care providers & services: 0.84%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cardinal Health Incorporated # | &nbsp;&nbsp;&nbsp; 1513 | &nbsp;&nbsp;&nbsp;&nbsp; 116304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corporation # | &nbsp;&nbsp;&nbsp; 6585 | &nbsp;&nbsp;&nbsp;&nbsp; 613656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elevance Health Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2127612 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3333095** |
| &nbsp;&nbsp;**Health care technology: 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Veeva Systems Incorporated Class A # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**361491** |
| &nbsp;&nbsp;**Life sciences tools & services: 0.22%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bio-Techne Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1540 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repligen Corporation †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Pharmaceutical Services Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224759 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**868475** |
| &nbsp;&nbsp;**Pharmaceuticals: 0.99%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Company # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Catalent Incorporated † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Medical System Holding Limited | &nbsp;&nbsp;&nbsp;&nbsp;334000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GSK plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pfizer Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revance Therapeutics Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royalty Pharma plc Class A # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zoetis Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147576 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3911165** |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 5

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Industrials: 2.30%** |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group Incorporated # | &nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;**$69262** |
| &nbsp;&nbsp;**Air freight & logistics: 0.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service Incorporated Class B # | &nbsp;&nbsp;&nbsp; 1060 | &nbsp;&nbsp;&nbsp;&nbsp; **184270** |
| &nbsp;&nbsp;**Airlines: 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copa Holdings SA Class A | &nbsp;&nbsp;&nbsp; 710 | &nbsp;&nbsp;&nbsp;&nbsp; **59051** |
| &nbsp;&nbsp;**Commercial services & supplies: 0.38%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casella Waste Systems Incorporated Class A †# | &nbsp;&nbsp;&nbsp; 3693 | &nbsp;&nbsp;&nbsp;&nbsp; 292892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copart Incorporated †# | &nbsp;&nbsp;&nbsp; 18410 | &nbsp;&nbsp;&nbsp;&nbsp; 1120985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Country Garden Services Holdings Company Limited | &nbsp;&nbsp;&nbsp; 39000 | &nbsp;&nbsp;&nbsp;&nbsp; 97132 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1511009** |
| &nbsp;&nbsp;**Construction & engineering: 0.04%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Communications Services Corporation Limited H Shares | &nbsp;&nbsp;&nbsp; 148000 | &nbsp;&nbsp;&nbsp;&nbsp; 54039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China State Construction International Holdings | &nbsp;&nbsp;&nbsp; 108500 | &nbsp;&nbsp;&nbsp;&nbsp; 121908 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **175947** |
| &nbsp;&nbsp;**Electrical equipment: 0.60%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nari Technology Company Limited | &nbsp;&nbsp;&nbsp; 18288 | &nbsp;&nbsp;&nbsp;&nbsp; 64190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;nVent Electric plc # | &nbsp;&nbsp;&nbsp; 20520 | &nbsp;&nbsp;&nbsp;&nbsp; 789404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schneider Electric SE | &nbsp;&nbsp;&nbsp; 5032 | &nbsp;&nbsp;&nbsp;&nbsp; 704124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shoals Technologies Group Class A †# | &nbsp;&nbsp;&nbsp; 11718 | &nbsp;&nbsp;&nbsp;&nbsp; 289083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signify NV 144A | &nbsp;&nbsp;&nbsp; 16216 | &nbsp;&nbsp;&nbsp;&nbsp; 544707 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2391508** |
| &nbsp;&nbsp;**Industrial conglomerates: 0.19%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Bidvest Group Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141444 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**758152** |
| &nbsp;&nbsp;**Machinery: 0.32%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Doosan Bobcat Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortive Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillenbrand Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zoomlion Heavy Industry Science and Technology Company Limited Class H | &nbsp;&nbsp;&nbsp;&nbsp;180800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85473 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1275070** |
| &nbsp;&nbsp;**Marine: 0.25%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.P. Moller-Mærsk AS Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SITC International Holdings Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598279 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1007509** |
| &nbsp;&nbsp;**Road & rail: 0.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.B. Hunt Transport Services Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Union Pacific Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798876 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1028682** |

---

See accompanying notes to portfolio of investments

------

6 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BOC Aviation Limited 144A | &nbsp;&nbsp;&nbsp; 11900 | &nbsp;&nbsp;$99326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals Incorporated †# | &nbsp;&nbsp;&nbsp; 1391 | &nbsp;&nbsp;&nbsp;&nbsp; 494389 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **593715** |
| &nbsp;&nbsp;**Transportation infrastructure: 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Merchants Port Holdings Company Limited † | &nbsp;&nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp; **87939** |
| &nbsp;&nbsp;**Information technology: 7.73%** |  |  |
| &nbsp;&nbsp;**Communications equipment: 0.42%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arista Networks Incorporated †# | &nbsp;&nbsp;&nbsp; 2767 | &nbsp;&nbsp;&nbsp;&nbsp; 335775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems Incorporated # | &nbsp;&nbsp;&nbsp; 13729 | &nbsp;&nbsp;&nbsp;&nbsp; 654050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nokia Oyj | &nbsp;&nbsp;&nbsp; 146315 | &nbsp;&nbsp;&nbsp;&nbsp; 677707 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1667532** |
| &nbsp;&nbsp;**Electronic equipment, instruments & components: 0.10%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Electronics Incorporated | &nbsp;&nbsp;&nbsp; 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 55929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry Company Limited | &nbsp;&nbsp;&nbsp; 23900 | &nbsp;&nbsp;&nbsp;&nbsp; 77682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimble Incorporated † | &nbsp;&nbsp;&nbsp; 2501 | &nbsp;&nbsp;&nbsp;&nbsp; 126451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Corporation Class A †# | &nbsp;&nbsp;&nbsp; 568 | &nbsp;&nbsp;&nbsp;&nbsp; 145641 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **405703** |
| &nbsp;&nbsp;**IT services: 1.70%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accenture plc Class A # | &nbsp;&nbsp;&nbsp; 2477 | &nbsp;&nbsp;&nbsp;&nbsp; 660963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capgemini SE | &nbsp;&nbsp;&nbsp; 3566 | &nbsp;&nbsp;&nbsp;&nbsp; 595296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DigitalOcean Holdings Incorporated †# | &nbsp;&nbsp;&nbsp; 8777 | &nbsp;&nbsp;&nbsp;&nbsp; 223550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flywire Corporation †# | &nbsp;&nbsp;&nbsp; 13640 | &nbsp;&nbsp;&nbsp;&nbsp; 333771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infosys Limited ADR | &nbsp;&nbsp;&nbsp; 12001 | &nbsp;&nbsp;&nbsp;&nbsp; 216138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MasterCard Incorporated Class A # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1878090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MongoDB Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tech Mahindra Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thoughtworks Holding Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa Incorporated Class A # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1739990 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6750199** |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 1.86%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allegro MicroSystems Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASM Pacific Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KLA Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mediatek Incorporated † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1398748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monolithic Power Systems Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qualcomm Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Realtek Semiconductor Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Company Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Company Limited ADR # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vanguard International Semiconductor Corporation † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63038 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7379044** |
| &nbsp;&nbsp;**Software: 2.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Knight Incorporated †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357347 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 7

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crowdstrike Holdings Incorporated Class A †# | &nbsp;&nbsp;&nbsp; 2293 | &nbsp;&nbsp;$241430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dynatrace Incorporated # | &nbsp;&nbsp;&nbsp; 6334 | &nbsp;&nbsp;&nbsp;&nbsp; 242592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac Corporation †# | &nbsp;&nbsp;&nbsp; 661 | &nbsp;&nbsp;&nbsp;&nbsp; 395661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intuit Incorporated # | &nbsp;&nbsp;&nbsp; 655 | &nbsp;&nbsp;&nbsp;&nbsp; 254939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jamf Holding Corporation †# | &nbsp;&nbsp;&nbsp; 3886 | &nbsp;&nbsp;&nbsp;&nbsp; 82772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corporation # | &nbsp;&nbsp;&nbsp; 25824 | &nbsp;&nbsp;&nbsp;&nbsp; 6193112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Open Text Corporation (Toronto Exchange) | &nbsp;&nbsp;&nbsp; 19271 | &nbsp;&nbsp;&nbsp;&nbsp; 571014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palo Alto Networks Incorporated †# | &nbsp;&nbsp;&nbsp; 1908 | &nbsp;&nbsp;&nbsp;&nbsp; 266242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paycor HCM Incorporated †# | &nbsp;&nbsp;&nbsp; 8115 | &nbsp;&nbsp;&nbsp;&nbsp; 198574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ServiceNow Incorporated †# | &nbsp;&nbsp;&nbsp; 570 | &nbsp;&nbsp;&nbsp;&nbsp; 221314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprout Social Incorporated Class A † | &nbsp;&nbsp;&nbsp; 924 | &nbsp;&nbsp;&nbsp;&nbsp; 52169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Workiva Incorporated † | &nbsp;&nbsp;&nbsp; 174 | &nbsp;&nbsp;&nbsp;&nbsp; 14611 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **9091777** |
| &nbsp;&nbsp;**Technology hardware, storage & peripherals: 1.36%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advantech Company Limited † | &nbsp;&nbsp;&nbsp; 9300 | &nbsp;&nbsp;&nbsp;&nbsp; 100155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple Incorporated # | &nbsp;&nbsp;&nbsp; 34630 | &nbsp;&nbsp;&nbsp;&nbsp; 4499476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lenovo Group Limited | &nbsp;&nbsp;&nbsp; 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 54201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Company Limited | &nbsp;&nbsp;&nbsp; 6916 | &nbsp;&nbsp;&nbsp;&nbsp; 303566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Company Limited GDR 144A† | &nbsp;&nbsp;&nbsp; 383 | &nbsp;&nbsp;&nbsp;&nbsp; 423215 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **5380613** |
| &nbsp;&nbsp;**Materials: 0.72%** |  |  |
| &nbsp;&nbsp;**Chemicals: 0.21%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Linde plc # | &nbsp;&nbsp;&nbsp; 2235 | &nbsp;&nbsp;&nbsp;&nbsp; 729012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petronas Chemicals Group Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sociedad Quimica Minera de Chile | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49421 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**837784** |
| &nbsp;&nbsp;**Metals & mining: 0.36%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alrosa PJSC (Acquired 5-6-2021, cost $1,726,284) ♦†> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baoshan Iron & Steel Company Limited Class A | &nbsp;&nbsp;&nbsp;&nbsp;102900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Companhia Brasileira de Aluminio † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortescue Metals Group Limited | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ganfeng Lithium Company Limited Class H 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance Steel & Aluminum Company # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corporation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vale SA † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118594 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1429575** |
| &nbsp;&nbsp;**Paper & forest products: 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana-Pacific Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**588211** |
| &nbsp;&nbsp;**Real estate: 0.47%** |  |  |
| &nbsp;&nbsp;**Equity REITs: 0.31%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Embassy Office Parks REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equinix Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corporation # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group Incorporated # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1254779** |
| &nbsp;&nbsp;**Real estate management & development: 0.16%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CBRE Group Incorporated Class A †# | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320692 |

---

See accompanying notes to portfolio of investments

------

8 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Real estate management & development (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Resources Land Limited | &nbsp;&nbsp;&nbsp; 47050 | &nbsp;&nbsp;$215495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Vanke Company Limited H Shares | &nbsp;&nbsp;&nbsp; 44700 | &nbsp;&nbsp;&nbsp;&nbsp; 90483 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **626670** |
| &nbsp;&nbsp;**Utilities: 0.41%** |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.32%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EDP Energias do Brasil SA | &nbsp;&nbsp;&nbsp; 157116 | &nbsp;&nbsp;&nbsp;&nbsp; 620151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Power Grid Corporation of India Limited | &nbsp;&nbsp;&nbsp; 42379 | &nbsp;&nbsp;&nbsp;&nbsp; 109469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SSE plc | &nbsp;&nbsp;&nbsp; 26677 | &nbsp;&nbsp;&nbsp;&nbsp; 552140 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1281760** |
| &nbsp;&nbsp;**Gas utilities: 0.09%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ENN Energy Holdings Limited | &nbsp;&nbsp;&nbsp; 8400 | &nbsp;&nbsp;&nbsp;&nbsp; 117948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gail India Limited | &nbsp;&nbsp;&nbsp; 83115 | &nbsp;&nbsp;&nbsp;&nbsp; 96497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mahanagar Gas Limited | &nbsp;&nbsp;&nbsp; 13325 | &nbsp;&nbsp;&nbsp;&nbsp; 135014 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **349459** |
| &nbsp;&nbsp;**Total Common stocks (Cost $104,866,212)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**105172070** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** |  |
| &nbsp;&nbsp;**Corporate bonds and notes: 40.35%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 6.07%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cablevision Lightpath LLC 144A | &nbsp;&nbsp;3.88% | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2027 | $&nbsp;&nbsp;&nbsp; 550000 | &nbsp;&nbsp;&nbsp;&nbsp; 453279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cablevision Lightpath LLC 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2028 | &nbsp;&nbsp;&nbsp; 375000 | &nbsp;&nbsp;&nbsp;&nbsp; 278598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 3 Financing Incorporated 144A | &nbsp;&nbsp;3.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;&nbsp; 400000 | &nbsp;&nbsp;&nbsp;&nbsp; 292896 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1024773** |
| &nbsp;&nbsp;**Entertainment: 0.64%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dave & Buster's Incorporated 144A | &nbsp;&nbsp;7.63 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2025 | &nbsp;&nbsp;&nbsp; 325000 | &nbsp;&nbsp;&nbsp;&nbsp; 326625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment Incorporated 144A | &nbsp;&nbsp;3.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2028 | &nbsp;&nbsp;&nbsp; 730000 | &nbsp;&nbsp;&nbsp;&nbsp; 622017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment Incorporated 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp;&nbsp; 545000 | &nbsp;&nbsp;&nbsp;&nbsp; 515400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment Incorporated 144A | &nbsp;&nbsp;6.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2027 | &nbsp;&nbsp;&nbsp;1115000 | &nbsp;&nbsp;&nbsp;&nbsp; 1091083 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2555125** |
| &nbsp;&nbsp;**Media: 5.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;4.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2034 | &nbsp;&nbsp;&nbsp; 630000 | &nbsp;&nbsp;&nbsp;&nbsp; 464968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2030 | &nbsp;&nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp; 1404464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings LLC 144A | &nbsp;&nbsp;5.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2027 | &nbsp;&nbsp;&nbsp;1520000 | &nbsp;&nbsp;&nbsp;&nbsp; 1416746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cinemark USA Incorporated 144A« | &nbsp;&nbsp;5.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2028 | &nbsp;&nbsp;&nbsp;1080000 | &nbsp;&nbsp;&nbsp;&nbsp; 801997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cinemark USA Incorporated 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 166591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cinemark USA Incorporated 144A | &nbsp;&nbsp;8.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;&nbsp; 935000 | &nbsp;&nbsp;&nbsp;&nbsp; 944181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Channel Outdoor Holdings 144A | &nbsp;&nbsp;7.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;&nbsp;1165000 | &nbsp;&nbsp;&nbsp;&nbsp; 855425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC 144A | &nbsp;&nbsp;4.13 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2030 | &nbsp;&nbsp;&nbsp;1025000 | &nbsp;&nbsp;&nbsp;&nbsp; 723476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings LLC 144A | &nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2030 | &nbsp;&nbsp;&nbsp;1800000 | &nbsp;&nbsp;&nbsp;&nbsp; 1015182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTV Financing LLC 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;&nbsp;1010000 | &nbsp;&nbsp;&nbsp;&nbsp; 903607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS Corporation 144A | &nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH Network Corporation 144A | 11.75 | &nbsp;&nbsp;11-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Escrow II Incorporated 144A | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;11-15-2031 | &nbsp;&nbsp;&nbsp;2975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2143934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamar Media Corporation | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2030 | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lamar Media Corporation | &nbsp;&nbsp;4.88 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Match Group Holdings II LLC 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2029 | &nbsp;&nbsp;&nbsp;1170000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1088100 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 9

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Media (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting Incorporated 144A | &nbsp;&nbsp;4.75% | &nbsp;&nbsp;11-1-2028 | $&nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;$173000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Broadcasting Incorporated 144A | &nbsp;&nbsp;5.63 | &nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp; 650000 | &nbsp;&nbsp;&nbsp;&nbsp; 596282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital Corporation 144A | &nbsp;&nbsp;4.63 | &nbsp;&nbsp;3-15-2030 | &nbsp;&nbsp;&nbsp; 775000 | &nbsp;&nbsp;&nbsp;&nbsp; 641176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outfront Media Capital Corporation 144A | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;&nbsp; 290000 | &nbsp;&nbsp;&nbsp;&nbsp; 261071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | &nbsp;&nbsp;4.38 | &nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp; 810000 | &nbsp;&nbsp;&nbsp;&nbsp; 483975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | &nbsp;&nbsp;4.75 | &nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;&nbsp; 735000 | &nbsp;&nbsp;&nbsp;&nbsp; 520196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | &nbsp;&nbsp;5.95 | &nbsp;&nbsp;3-15-2043 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 245000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salem Media Group Incorporated 144A | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp;&nbsp; 180000 | &nbsp;&nbsp;&nbsp;&nbsp; 174599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scripps Escrow II Incorporated 144A« | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;1-15-2031 | &nbsp;&nbsp;&nbsp;1650000 | &nbsp;&nbsp;&nbsp;&nbsp; 1322490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scripps Escrow II Incorporated 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp; 925000 | &nbsp;&nbsp;&nbsp;&nbsp; 825563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Townsquare Media Incorporated 144A | &nbsp;&nbsp;6.88 | &nbsp;&nbsp;&nbsp;&nbsp;2-1-2026 | &nbsp;&nbsp;&nbsp;1755000 | &nbsp;&nbsp;&nbsp;&nbsp; 1557565 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **20517447** |
| &nbsp;&nbsp;**Consumer discretionary: 5.42%** |  |  |  |  |
| &nbsp;&nbsp;**Auto components: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission Incorporated 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;&nbsp; 565000 | &nbsp;&nbsp;&nbsp;&nbsp; 530592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clarios Global LP 144A | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;&nbsp; 685000 | &nbsp;&nbsp;&nbsp;&nbsp; 686583 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1217175** |
| &nbsp;&nbsp;**Automobiles: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Company | &nbsp;&nbsp;3.25 | &nbsp;&nbsp;2-12-2032 | &nbsp;&nbsp;&nbsp; 245000 | &nbsp;&nbsp;&nbsp;&nbsp; **183736** |
| &nbsp;&nbsp;**Diversified consumer services: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grand Canyon University « | &nbsp;&nbsp;5.13 | &nbsp;&nbsp;10-1-2028 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; **940790** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 3.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-1-2028 | &nbsp;&nbsp;&nbsp; 650000 | &nbsp;&nbsp;&nbsp;&nbsp; 530017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;755000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A | &nbsp;&nbsp;9.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-1-2027 | &nbsp;&nbsp;&nbsp;&nbsp;680000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Corporation 144A | 10.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-1-2026 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival Holdings Bermuda Limited 144A | 10.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCM Merger Incorporated 144A | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2026 | &nbsp;&nbsp;&nbsp;2575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2426474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cedar Fair LP 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs Incorporated 144A | &nbsp;&nbsp;4.75 | &nbsp;&nbsp;1-15-2028 | &nbsp;&nbsp;&nbsp;&nbsp;570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corporation | &nbsp;&nbsp;3.20 | &nbsp;&nbsp;&nbsp;&nbsp;8-8-2024 | &nbsp;&nbsp;&nbsp;&nbsp;970000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Corporation Limited 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp;&nbsp;1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Corporation Limited 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCL Corporation Limited 144A | &nbsp;&nbsp;7.75 | &nbsp;&nbsp;2-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | &nbsp;&nbsp;5.38 | &nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;160000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;8-31-2026 | &nbsp;&nbsp;&nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A« | &nbsp;&nbsp;9.25 | &nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;585000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Limited 144A | 11.63 | &nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;&nbsp;1055000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment Company 144A« | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;4-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Six Flags Entertainment Company 144A | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;522000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525556 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12310736** |
| &nbsp;&nbsp;**Household durables: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newell Brands Incorporated | &nbsp;&nbsp;4.45 | &nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp;&nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**460990** |
| &nbsp;&nbsp;**Multiline retail: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF9 Atlantis Holdings LLC 144A | &nbsp;&nbsp;7.75 | &nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;833000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737255 |

---

See accompanying notes to portfolio of investments

------

10 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Multiline retail (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings LLC 144A | 5.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2029 | $&nbsp;&nbsp;&nbsp; 570000 | &nbsp;&nbsp;$504680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macy's Retail Holdings LLC 144A | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2032 | &nbsp;&nbsp;&nbsp; 155000 | &nbsp;&nbsp;&nbsp;&nbsp; 130282 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1372217** |
| &nbsp;&nbsp;**Specialty retail: 0.96%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works Incorporated 144A | 9.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2025 | &nbsp;&nbsp;&nbsp; 410000 | &nbsp;&nbsp;&nbsp;&nbsp; 436726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GAP Incorporated 144A# | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2031 | &nbsp;&nbsp;&nbsp;1195000 | &nbsp;&nbsp;&nbsp;&nbsp; 833650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michaels Companies Incorporated 144A | 7.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2029 | &nbsp;&nbsp;&nbsp; 780000 | &nbsp;&nbsp;&nbsp;&nbsp; 521171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NMG Holding Company Incorporated 144A | 7.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp;&nbsp; 995000 | &nbsp;&nbsp;&nbsp;&nbsp; 932581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rent-A-Center Incorporated 144A« | 6.38 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2029 | &nbsp;&nbsp;&nbsp;1345000 | &nbsp;&nbsp;&nbsp;&nbsp; 1088035 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3812163** |
| &nbsp;&nbsp;**Textiles, apparel & luxury goods: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G-III Apparel Group Limited 144A | 7.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;&nbsp;1305000 | &nbsp;&nbsp;&nbsp;&nbsp; **1217175** |
| &nbsp;&nbsp;**Consumer staples: 0.38%** |  |  |  |  |
| &nbsp;&nbsp;**Food & staples retailing: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PetSmart Incorporated 144A | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2028 | &nbsp;&nbsp;&nbsp; 520000 | &nbsp;&nbsp;&nbsp;&nbsp; **470864** |
| &nbsp;&nbsp;**Food products: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS Incorporated 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2030 | &nbsp;&nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp;&nbsp; 565528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Foods Incorporated 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp; 460000 | &nbsp;&nbsp;&nbsp;&nbsp; 455185 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1020713** |
| &nbsp;&nbsp;**Energy: 7.29%** |  |  |  |  |
| &nbsp;&nbsp;**Energy equipment & services: 1.84%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bristow Group Incorporated 144A | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2028 | &nbsp;&nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp; 1932703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy Company 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2028 | &nbsp;&nbsp;&nbsp;1100000 | &nbsp;&nbsp;&nbsp;&nbsp; 995500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oceaneering International Incorporated | 4.65 | &nbsp;&nbsp;11-15-2024 | &nbsp;&nbsp;&nbsp;&nbsp;920000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oceaneering International Incorporated | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pattern Energy Operations LP 144A | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2028 | &nbsp;&nbsp;&nbsp;2425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2174339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners LP | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2026 | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners LP | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70125 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7299429** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 5.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aethon United 144A | 8.25 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;&nbsp;1195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1185376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners LP 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Archrock Partners LP 144A | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2027 | &nbsp;&nbsp;&nbsp;&nbsp;945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;902158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP 144A | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buckeye Partners LP | 5.85 | &nbsp;&nbsp;11-15-2043 | &nbsp;&nbsp;&nbsp;&nbsp;425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CQP Holdco LP 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2031 | &nbsp;&nbsp;&nbsp;1415000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestwood Midstream Partners LP | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream Incorporated 144A | 4.13 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;190000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Midstream Incorporated 144A | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2031 | &nbsp;&nbsp;&nbsp;1195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encino Acquisition Partners Company 144A | 8.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2028 | &nbsp;&nbsp;&nbsp;1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1553783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;&nbsp;1620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP | 5.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2044 | &nbsp;&nbsp;&nbsp;1175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EnLink Midstream Partners LP 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enviva Partners LP 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp;&nbsp;3005000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2830229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners 144A | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners 144A | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;945000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest Midstream LP 144A | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658564 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 11

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hess Midstream Operation Company 144A | 5.50% | &nbsp;&nbsp;10-15-2030 | $&nbsp;&nbsp;&nbsp; 145000 | &nbsp;&nbsp;$132654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinetik Holdings LP Company 144A | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2030 | &nbsp;&nbsp;&nbsp; 975000 | &nbsp;&nbsp;&nbsp;&nbsp; 914338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Murphy Oil Corporation | 6.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2028 | &nbsp;&nbsp;&nbsp; 340000 | &nbsp;&nbsp;&nbsp;&nbsp; 327265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries Limited 144A | 7.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2027 | &nbsp;&nbsp;&nbsp; 845000 | &nbsp;&nbsp;&nbsp;&nbsp; 818547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corporation | 6.45 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2036 | &nbsp;&nbsp;&nbsp;1950000 | &nbsp;&nbsp;&nbsp;&nbsp; 1989000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rockies Express Pipeline LLC 144A | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2040 | &nbsp;&nbsp;&nbsp; 575000 | &nbsp;&nbsp;&nbsp;&nbsp; 482762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Company | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2032 | &nbsp;&nbsp;&nbsp;1390000 | &nbsp;&nbsp;&nbsp;&nbsp; 1187880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tallgrass Energy Partners LP 144A | 6.00 | &nbsp;&nbsp;12-31-2030 | &nbsp;&nbsp;&nbsp;1385000 | &nbsp;&nbsp;&nbsp;&nbsp; 1197651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture Global LNG Incorporated 144A | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2033 | &nbsp;&nbsp;&nbsp; 110000 | &nbsp;&nbsp;&nbsp;&nbsp; 89859 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **21635776** |
| &nbsp;&nbsp;**Financials: 8.50%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 1.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (5 Year Treasury Constant Maturity +2.76%) ʊ± | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-27-2027 | &nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1270396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated (U.S. SOFR +3.23%) ʊ± | 4.70 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2025 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 831201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group Incorporated (5 Year Treasury Constant Maturity +5.31%) ʊ± | 5.65 | &nbsp;&nbsp;&nbsp;&nbsp;10-6-2025 | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1915255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp (5 Year Treasury Constant Maturity +4.22%) ʊ± | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-30-2025 | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1858035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +3.13%) ʊ± | 4.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2025 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 881250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group (10 Year Treasury Constant Maturity +3.06%) ʊ± | 4.70 | &nbsp;&nbsp;11-15-2031 | &nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 944595 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **7700732** |
| &nbsp;&nbsp;**Capital markets: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MSCI Incorporated 144A | 4.00 | &nbsp;&nbsp;11-15-2029 | &nbsp;&nbsp;&nbsp; 645000 | &nbsp;&nbsp;&nbsp;&nbsp; 561817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oppenheimer Holdings Incorporated | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;&nbsp;1215000 | &nbsp;&nbsp;&nbsp;&nbsp; 1184625 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1746442** |
| &nbsp;&nbsp;**Consumer finance: 2.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash Incorporated 144A | 4.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;405000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstCash Incorporated 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 4.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-8-2026 | &nbsp;&nbsp;&nbsp;1675000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1560196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 5.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-3-2029 | &nbsp;&nbsp;&nbsp;2075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1879006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;6-16-2025 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LFS TopCo LLC 144A | 5.88 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;705000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2027 | &nbsp;&nbsp;&nbsp;1055000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2033 | &nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;355000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation | 5.38 | &nbsp;&nbsp;11-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Finance Corporation | 7.13 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;720000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PECF USS Intermediate Holding III Corporation 144A | 8.00 | &nbsp;&nbsp;11-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRA Group Incorporated 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2029 | &nbsp;&nbsp;&nbsp;1465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage LLC 144A | 2.88 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocket Mortgage LLC 144A | 4.00 | &nbsp;&nbsp;10-15-2033 | &nbsp;&nbsp;&nbsp;&nbsp;615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459319 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10541210** |
| &nbsp;&nbsp;**Diversified financial services: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camelot Return Merger Sub Incorporated 144A | 8.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hat Holdings LLC 144A | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;370000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hat Holdings LLC 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2030 | &nbsp;&nbsp;&nbsp;&nbsp;435000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hat Holdings LLC 144A | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334057 |

---

See accompanying notes to portfolio of investments

------

12 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Diversified financial services (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LPL Holdings Incorporated 144A | 4.38% | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2031 | $&nbsp;&nbsp;&nbsp;1025000 | &nbsp;&nbsp;$871403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage LLC 144A | 5.50 | &nbsp;&nbsp;11-15-2025 | &nbsp;&nbsp;&nbsp; 795000 | &nbsp;&nbsp;&nbsp;&nbsp; 715993 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3003016** |
| &nbsp;&nbsp;**Insurance: 0.96%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amwins Group Incorporated 144A | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2029 | &nbsp;&nbsp;&nbsp; 660000 | &nbsp;&nbsp;&nbsp;&nbsp; 559777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AssuredPartners Incorporated 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;&nbsp; 775000 | &nbsp;&nbsp;&nbsp;&nbsp; 637852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadstreet Partners Incorporated 144A | 5.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp; 1361730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International Limited 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2029 | &nbsp;&nbsp;&nbsp; 325000 | &nbsp;&nbsp;&nbsp;&nbsp; 283849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International Limited 144A | 7.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2026 | &nbsp;&nbsp;&nbsp; 280000 | &nbsp;&nbsp;&nbsp;&nbsp; 274117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ryan Specialty Group LLC 144A# | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2030 | &nbsp;&nbsp;&nbsp; 810000 | &nbsp;&nbsp;&nbsp;&nbsp; 701376 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3818701** |
| &nbsp;&nbsp;**Mortgage REITs: 0.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Mortgage Trust Incorporated 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;&nbsp; 720000 | &nbsp;&nbsp;&nbsp;&nbsp; 619131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated 144A | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;&nbsp; 930000 | &nbsp;&nbsp;&nbsp;&nbsp; 813820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Property Trust Incorporated | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2025 | &nbsp;&nbsp;&nbsp;1260000 | &nbsp;&nbsp;&nbsp;&nbsp; 1202354 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2635305** |
| &nbsp;&nbsp;**Thrifts & mortgage finance: 1.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enact Holdings Incorporated 144A | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;&nbsp;1990000 | &nbsp;&nbsp;&nbsp;&nbsp; 1952906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ladder Capital Finance Holdings LP 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2027 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 504018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ladder Capital Finance Holdings LP 144A | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2029 | &nbsp;&nbsp;&nbsp; 615000 | &nbsp;&nbsp;&nbsp;&nbsp; 496526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ladder Capital Finance Holdings LP 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;&nbsp;1210000 | &nbsp;&nbsp;&nbsp;&nbsp; 1136844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Wholesale Mortgage LLC 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;&nbsp; 265000 | &nbsp;&nbsp;&nbsp;&nbsp; 210802 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4301096** |
| &nbsp;&nbsp;**Health care: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;**Health care providers & services: 0.90%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 Medical Incorporated 144A | 3.88 | &nbsp;&nbsp;10-15-2029 | &nbsp;&nbsp;&nbsp;&nbsp;780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Methods Corporation 144A | 8.00 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;515000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Davita Incorporated 144A | 4.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;560000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pediatrix Medical Group 144A« | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2030 | &nbsp;&nbsp;&nbsp;&nbsp;640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select Medical Corporation 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corporation 144A | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2026 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toledo Hospital | 6.02 | &nbsp;&nbsp;11-15-2048 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;703700 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3568938** |
| &nbsp;&nbsp;**Health care technology: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IQVIA Incorporated 144A | 5.00 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**477424** |
| &nbsp;&nbsp;**Industrials: 5.16%** |  |  |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.88%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit AeroSystems Incorporated 144A | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit AeroSystems Incorporated 144A | 9.38 | &nbsp;&nbsp;11-30-2029 | &nbsp;&nbsp;&nbsp;1155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1215869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group Incorporated 144A | 6.25 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group Incorporated | 6.38 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2026 | &nbsp;&nbsp;&nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group Incorporated | 7.50 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2027 | &nbsp;&nbsp;&nbsp;1565000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1548422 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3499424** |
| &nbsp;&nbsp;**Airlines: 1.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group Incorporated 144A | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2029 | &nbsp;&nbsp;&nbsp;&nbsp;815000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;744874 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 13

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Airlines (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Airlines Incorporated | &nbsp;&nbsp;3.90% | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | $&nbsp;&nbsp;&nbsp; 457690 | &nbsp;&nbsp;$391558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Brand Intellectual Property Limited 144A | &nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-20-2026 | &nbsp;&nbsp;&nbsp;1745000 | &nbsp;&nbsp;&nbsp;&nbsp; 1579225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman Limited 144A | &nbsp;&nbsp;8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2025 | &nbsp;&nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp; 1043349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman Limited 144A | &nbsp;&nbsp;8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2025 | &nbsp;&nbsp;&nbsp; 315000 | &nbsp;&nbsp;&nbsp;&nbsp; 316616 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4075622** |
| &nbsp;&nbsp;**Commercial services & supplies: 1.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC 144A | &nbsp;&nbsp;6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2029 | &nbsp;&nbsp;&nbsp;1425000 | &nbsp;&nbsp;&nbsp;&nbsp; 1034207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC 144A | &nbsp;&nbsp;6.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 549000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aramark Services Incorporated 144A | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;&nbsp; 705000 | &nbsp;&nbsp;&nbsp;&nbsp; 696336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CoreCivic Incorporated « | &nbsp;&nbsp;8.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp;&nbsp;2210000 | &nbsp;&nbsp;&nbsp;&nbsp; 2266355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northern Light Health | &nbsp;&nbsp;5.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2036 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 892109 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **5438007** |
| &nbsp;&nbsp;**Machinery: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries Incorporated 144A | &nbsp;&nbsp;9.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2031 | &nbsp;&nbsp;&nbsp; 190000 | &nbsp;&nbsp;&nbsp;&nbsp; 194866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries Incorporated 144A | &nbsp;&nbsp;7.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2030 | &nbsp;&nbsp;&nbsp; 190000 | &nbsp;&nbsp;&nbsp;&nbsp; 191005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stevens Holding Company Incorporated 144A | &nbsp;&nbsp;6.13 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2026 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 601500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TK Elevator US Newco Incorporated 144A | &nbsp;&nbsp;5.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp;1365000 | &nbsp;&nbsp;&nbsp;&nbsp; 1211492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Werner FinCo LP 144A | &nbsp;&nbsp;8.75 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp;&nbsp; 945000 | &nbsp;&nbsp;&nbsp;&nbsp; 633150 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2832013** |
| &nbsp;&nbsp;**Road & rail: 0.65%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies Incorporated 144A | &nbsp;&nbsp;4.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2029 | &nbsp;&nbsp;&nbsp;1580000 | &nbsp;&nbsp;&nbsp;&nbsp; 1376583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies Incorporated 144A | &nbsp;&nbsp;8.00 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2026 | &nbsp;&nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp; 1204130 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2580713** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.52%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Transportation & Infrastructure Investors LLC 144A | &nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2028 | &nbsp;&nbsp;&nbsp;&nbsp;795000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Transportation & Infrastructure Investors LLC 144A | &nbsp;&nbsp;6.50 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2025 | &nbsp;&nbsp;&nbsp;1107000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fortress Transportation & Infrastructure Investors LLC 144A | &nbsp;&nbsp;9.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2027 | &nbsp;&nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350875 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2069903** |
| &nbsp;&nbsp;**Information technology: 2.15%** |  |  |  |  |
| &nbsp;&nbsp;**Communications equipment: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ciena Corporation 144A | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2030 | &nbsp;&nbsp;&nbsp;&nbsp;475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommScope Technologies LLC 144A | &nbsp;&nbsp;4.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommScope Technologies LLC 144A | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;910000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618073 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1241706** |
| &nbsp;&nbsp;**Electronic equipment, instruments & components: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wesco Distribution Incorporated 144A | &nbsp;&nbsp;7.13 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2025 | &nbsp;&nbsp;&nbsp;1105000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1118826** |
| &nbsp;&nbsp;**IT services: 0.78%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Incorporated 144A | &nbsp;&nbsp;7.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Incorporated 144A | &nbsp;&nbsp;9.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;&nbsp;2410000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL Incorporated 144A | 11.25 | &nbsp;&nbsp;12-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;465000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478822 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3095722** |

---

See accompanying notes to portfolio of investments

------

14 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QORVO Incorporated 144A | 3.38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2031 | $&nbsp;&nbsp;&nbsp; 390000 | &nbsp;&nbsp;**$313341** |
| &nbsp;&nbsp;**Software: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings LLC 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2028 | &nbsp;&nbsp;&nbsp; 380000 | &nbsp;&nbsp;&nbsp;&nbsp; 296438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPH Acquisition Holdings LLC 144A« | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2028 | &nbsp;&nbsp;&nbsp;1405000 | &nbsp;&nbsp;&nbsp;&nbsp; 934342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Corporation 144A | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2027 | &nbsp;&nbsp;&nbsp; 800000 | &nbsp;&nbsp;&nbsp;&nbsp; 765540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR Corporation 144A | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2029 | &nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp; 187011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Incorporated 144A | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;9-30-2027 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 561838 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2745169** |
| &nbsp;&nbsp;**Materials: 1.59%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.63%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avient Corporation 144A | 7.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2030 | &nbsp;&nbsp;&nbsp; 260000 | &nbsp;&nbsp;&nbsp;&nbsp; 254158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holding LLC | 6.05 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2025 | &nbsp;&nbsp;&nbsp;1455000 | &nbsp;&nbsp;&nbsp;&nbsp; 1449339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chemours Company 144A« | 4.63 | &nbsp;&nbsp;11-15-2029 | &nbsp;&nbsp;&nbsp; 955000 | &nbsp;&nbsp;&nbsp;&nbsp; 780713 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2484210** |
| &nbsp;&nbsp;**Containers & packaging: 0.88%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ball Corporation | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2030 | &nbsp;&nbsp;&nbsp; 455000 | &nbsp;&nbsp;&nbsp;&nbsp; 363145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berry Global Incorporated 144A | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;&nbsp;1205000 | &nbsp;&nbsp;&nbsp;&nbsp; 1175525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings Incorporated 144A | 8.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2030 | &nbsp;&nbsp;&nbsp;1075000 | &nbsp;&nbsp;&nbsp;&nbsp; 920169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crown Cork & Seal Company Incorporated | 7.38 | &nbsp;&nbsp;12-15-2026 | &nbsp;&nbsp;&nbsp; 740000 | &nbsp;&nbsp;&nbsp;&nbsp; 761837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corporation 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;&nbsp; 290000 | &nbsp;&nbsp;&nbsp;&nbsp; 272600 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **3493276** |
| &nbsp;&nbsp;**Metals & mining: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arches Buyer Incorporated 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2028 | &nbsp;&nbsp;&nbsp; 420000 | &nbsp;&nbsp;&nbsp;&nbsp; **328483** |
| &nbsp;&nbsp;**Real estate: 1.08%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 1.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain Incorporated 144A | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2031 | &nbsp;&nbsp;&nbsp;&nbsp;925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain Incorporated 144A | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2030 | &nbsp;&nbsp;&nbsp;1615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1403435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPT Operating Partnership LP | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2031 | &nbsp;&nbsp;&nbsp;1620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust Company | 4.35 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2024 | &nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust Company | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust Company | 4.95 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456808 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4274564** |
| &nbsp;&nbsp;**Utilities: 1.69%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Operating Partners LP 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp;&nbsp;&nbsp;113000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PG&E Corporation | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2030 | &nbsp;&nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1911000 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2020610** |
| &nbsp;&nbsp;**Independent power & renewable electricity producers: 1.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NSG Holdings LLC 144A | 7.75 | &nbsp;&nbsp;12-15-2025 | &nbsp;&nbsp;&nbsp;1173238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TerraForm Power Operating LLC 144A | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2028 | &nbsp;&nbsp;&nbsp;2530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2276975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;740000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637597 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 15

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Independent power & renewable electricity producers<br> (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | &nbsp;&nbsp;5.63% | &nbsp;&nbsp;2-15-2027 | $&nbsp;&nbsp;&nbsp; 320000 | &nbsp;&nbsp;$303572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-1-2049 | &nbsp;&nbsp;&nbsp; 375000 | &nbsp;&nbsp;&nbsp;&nbsp; 341225 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4694477** |
| &nbsp;&nbsp;**Total Corporate bonds and notes (Cost $181,438,058)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**160138039** |
| &nbsp;&nbsp;**Foreign corporate bonds and notes : 3.31%** |  |  |  |  |
| &nbsp;&nbsp;**Financials: 3.31%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 3.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ABN AMRO Bank NV (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +3.90%) ʊ± | &nbsp;&nbsp;4.75 | &nbsp;&nbsp;9-22-2027 | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2721554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIB Group plc (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +6.63%) ʊ± | &nbsp;&nbsp;6.25 | &nbsp;&nbsp;6-23-2025 | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1999501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SA (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +4.53%) ʊ± | &nbsp;&nbsp;4.38 | &nbsp;&nbsp;1-14-2026 | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2725471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bankia SA (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +6.22%) ʊ± | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;9-19-2023 | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3126781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commerzbank AG (EUR Swap Annual (vs. 6 Month EURIBOR) 5 Year +6.36%) ʊ± | &nbsp;&nbsp;6.13 | &nbsp;&nbsp;10-9-2025 | &nbsp;&nbsp;&nbsp;2600000 | &nbsp;&nbsp;&nbsp;&nbsp; 2581612 |
| &nbsp;&nbsp;**Total Foreign corporate bonds and notes (Cost $15,840,646)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **13154919** |
| &nbsp;&nbsp;**Loans: 2.87%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intelsat Jackson Holdings SA (U.S. SOFR 1 Month +4.50%) ± | &nbsp;&nbsp;7.44 | &nbsp;&nbsp;&nbsp;&nbsp;2-1-2029 | $&nbsp;&nbsp;&nbsp;1274450 | &nbsp;&nbsp;&nbsp;&nbsp; **1228022** |
| &nbsp;&nbsp;**Entertainment: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dave & Buster's Incorporated (U.S. SOFR 1 Month +5.00%) ± | &nbsp;&nbsp;9.44 | &nbsp;&nbsp;6-29-2029 | &nbsp;&nbsp;&nbsp; 349125 | &nbsp;&nbsp;&nbsp;&nbsp; **347163** |
| &nbsp;&nbsp;**Media: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clear Channel Outdoor Holdings (1 Month LIBOR +3.50%) ± | &nbsp;&nbsp;7.91 | &nbsp;&nbsp;8-21-2026 | &nbsp;&nbsp;&nbsp; 373072 | &nbsp;&nbsp;&nbsp;&nbsp; 339096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hubbard Radio LLC (3 Month LIBOR +4.25%) ± | &nbsp;&nbsp;8.64 | &nbsp;&nbsp;3-28-2025 | &nbsp;&nbsp;&nbsp; 337821 | &nbsp;&nbsp;&nbsp;&nbsp; 296718 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **635814** |
| &nbsp;&nbsp;**Consumer discretionary: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;**Multiline retail: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF9 Atlantis Holdings LLC (U.S. SOFR 1 Month +7.25%) ± | 11.83 | &nbsp;&nbsp;3-31-2029 | &nbsp;&nbsp;&nbsp;&nbsp;296250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**287214** |
| &nbsp;&nbsp;**Energy: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GIP II Blue Holdings LP (1 Month LIBOR +4.50%) ± | &nbsp;&nbsp;9.23 | &nbsp;&nbsp;9-29-2028 | &nbsp;&nbsp;&nbsp;&nbsp;556327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;M6 ETX Holdings II MidCo LLC (U.S. SOFR 1 Month +4.50%) ± | &nbsp;&nbsp;9.16 | &nbsp;&nbsp;9-19-2029 | &nbsp;&nbsp;&nbsp;&nbsp;349125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348797 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**899444** |

---

See accompanying notes to portfolio of investments

------

16 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Financials: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;**Diversified financial services: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Resolute Investment Managers Incorporated (3 Month LIBOR +4.50%) ‡± | &nbsp;&nbsp;8.98% | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2024 | $&nbsp;&nbsp;&nbsp; 293666 | &nbsp;&nbsp;$234922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russell Investments US Institutional Holdco Incorporated (1 Month LIBOR +3.50%) ± | &nbsp;&nbsp;7.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-30-2025 | &nbsp;&nbsp;&nbsp;1090771 | &nbsp;&nbsp;&nbsp;&nbsp; 1046322 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1281244** |
| &nbsp;&nbsp;**Insurance: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asurion LLC (1 Month LIBOR +5.25%) ± | &nbsp;&nbsp;9.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2028 | &nbsp;&nbsp;&nbsp; 435000 | &nbsp;&nbsp;&nbsp;&nbsp; **337486** |
| &nbsp;&nbsp;**Mortgage REITs: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Claros Mortgage Trust Incorporated (U.S. SOFR 1 Month +4.50%) ‡± | &nbsp;&nbsp;8.92 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-9-2026 | &nbsp;&nbsp;&nbsp; 405900 | &nbsp;&nbsp;&nbsp;&nbsp; **400319** |
| &nbsp;&nbsp;**Health care: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;**Health care equipment & supplies: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Surgery Center Holdings Incorporated (1 Month LIBOR +3.75%) ± | &nbsp;&nbsp;8.05 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2026 | &nbsp;&nbsp;&nbsp; 490884 | &nbsp;&nbsp;&nbsp;&nbsp; **484081** |
| &nbsp;&nbsp;**Pharmaceuticals: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Companies Incorporated (U.S. SOFR 1 Month +5.25%) ± | &nbsp;&nbsp;9.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2027 | &nbsp;&nbsp;&nbsp;1131000 | &nbsp;&nbsp;&nbsp;&nbsp; **855794** |
| &nbsp;&nbsp;**Industrials: 1.17%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mileage Plus Holdings LLC (1 Month LIBOR +5.25%) ± | 10.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-21-2027 | &nbsp;&nbsp;&nbsp;1372500 | &nbsp;&nbsp;&nbsp;&nbsp; 1409901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SkyMiles IP Limited (3 Month LIBOR +3.75%) ± | &nbsp;&nbsp;7.99 | &nbsp;&nbsp;10-20-2027 | &nbsp;&nbsp;&nbsp; 535000 | &nbsp;&nbsp;&nbsp;&nbsp; 544630 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1954531** |
| &nbsp;&nbsp;**Commercial services & supplies: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Geo Group Incorporated (U.S. SOFR 1 Month +7.13%) ± | 11.45 | &nbsp;&nbsp;&nbsp;&nbsp;3-23-2027 | &nbsp;&nbsp;&nbsp;1973777 | &nbsp;&nbsp;&nbsp;&nbsp; **1972553** |
| &nbsp;&nbsp;**Machinery: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chart Industries Incorporated (CME Term SOFR 1 Month +3.75%) ‡<± | &nbsp;&nbsp;7.97 | &nbsp;&nbsp;&nbsp;&nbsp;12-7-2029 | &nbsp;&nbsp;&nbsp; 180000 | &nbsp;&nbsp;&nbsp;&nbsp; 177863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Werner FinCo LP (3 Month LIBOR +4.00%) ± | &nbsp;&nbsp;8.73 | &nbsp;&nbsp;&nbsp;&nbsp;7-24-2024 | &nbsp;&nbsp;&nbsp; 602287 | &nbsp;&nbsp;&nbsp;&nbsp; 540053 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**717916** |
| &nbsp;&nbsp;**Total Loans (Cost $11,804,224)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11401581** |
| &nbsp;&nbsp;**Municipal obligations: 3.68%** |  |  |  |  |
| &nbsp;&nbsp;**California: 0.63%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California School Finance Authority Charter School 144A | &nbsp;&nbsp;4.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2025 | &nbsp;&nbsp;&nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California School Finance Authority Charter School 144A | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2031 | &nbsp;&nbsp;&nbsp;1235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123562 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1659508** |
| &nbsp;&nbsp;**Health revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Municipal Finance Authority Series 2019B 144A | &nbsp;&nbsp;4.25 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**64025** |
| &nbsp;&nbsp;**Tobacco revenue: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden State Tobacco Securitization Corporation | &nbsp;&nbsp;4.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2050 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**779822** |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 17

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Colorado: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;**Health revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denver CO Health & Hospital Authority Series B | 5.15% | &nbsp;&nbsp;12-1-2026 | $&nbsp;&nbsp;&nbsp; 445000 | &nbsp;&nbsp;**$430845** |
| &nbsp;&nbsp;**Florida: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Trust Agency Renaissance Charter School Project Series B 144A | 5.63 | &nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;&nbsp; 105000 | &nbsp;&nbsp;&nbsp;&nbsp; 104067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida HEFAR Jacksonville University Project Series A2 144A | 5.43 | &nbsp;&nbsp;&nbsp;&nbsp;6-1-2027 | &nbsp;&nbsp;&nbsp; 835000 | &nbsp;&nbsp;&nbsp;&nbsp; 834211 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **938278** |
| &nbsp;&nbsp;**Water & sewer revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charlotte County IDA Town & Country Utilities Project Series B 144A | 5.00 | &nbsp;&nbsp;10-1-2036 | &nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp; **1066010** |
| &nbsp;&nbsp;**Georgia: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;**Health revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cobb County GA Development Authority Presbyterian Village Austell Project Series 2019B 144A | 5.75 | &nbsp;&nbsp;12-1-2028 | &nbsp;&nbsp;&nbsp; 300000 | &nbsp;&nbsp;&nbsp;&nbsp; **286958** |
| &nbsp;&nbsp;**Guam: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;**Airport revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Guam International Airport Authority Series A | 4.46 | &nbsp;&nbsp;10-1-2043 | &nbsp;&nbsp;&nbsp; 675000 | &nbsp;&nbsp;&nbsp;&nbsp; **525974** |
| &nbsp;&nbsp;**Illinois: 0.66%** |  |  |  |  |
| &nbsp;&nbsp;**Miscellaneous revenue: 0.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago IL Board of Education Taxable Build America Bonds Series E | 6.04 | &nbsp;&nbsp;12-1-2029 | &nbsp;&nbsp;&nbsp;1255000 | &nbsp;&nbsp;&nbsp;&nbsp; 1176477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago IL Certificate of Participation River Point Plaza Redevelopment Project Series A 144A | 4.84 | &nbsp;&nbsp;4-15-2028 | &nbsp;&nbsp;&nbsp;1447000 | &nbsp;&nbsp;&nbsp;&nbsp; 1447781 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2624258** |
| &nbsp;&nbsp;**Indiana: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;**Health revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Knox County IN Good Samaritian Hospital Project Industry Economic Development Series B | 5.90 | &nbsp;&nbsp;&nbsp;&nbsp;4-1-2034 | &nbsp;&nbsp;&nbsp; 480000 | &nbsp;&nbsp;&nbsp;&nbsp; **448042** |
| &nbsp;&nbsp;**Iowa: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;**GO revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coralville IA Series C | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;5-1-2030 | &nbsp;&nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1114687** |
| &nbsp;&nbsp;**Louisiana: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;**Health revenue: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Louisiana Local Government Environmental Facilities & CDA | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-1-2029 | &nbsp;&nbsp;&nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**698509** |
| &nbsp;&nbsp;**New Jersey: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Jersey Educational Facilities Authority Georgian Court University Series H | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-1-2028 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**929867** |

---

See accompanying notes to portfolio of investments

------

18 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**New York: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yonkers Economic Development Corporation Series 2019B | 4.50% | &nbsp;&nbsp;10-15-2024 | $&nbsp;&nbsp;&nbsp; 545000 | &nbsp;&nbsp;**$529984** |
| &nbsp;&nbsp;**Health revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jefferson County NY Civic Facility Development Corporation Refunding Bond Series B Samaritan Medical Center Obligated Group | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2028 | &nbsp;&nbsp;&nbsp; 215000 | &nbsp;&nbsp;&nbsp;&nbsp; **198787** |
| &nbsp;&nbsp;**Utilities revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Energy Research & Development Authority Green Bond Series A | 4.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2034 | &nbsp;&nbsp;&nbsp; 380000 | &nbsp;&nbsp;&nbsp;&nbsp; **370264** |
| &nbsp;&nbsp;**Oklahoma: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;**Health revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma Development Finance Authority | 5.45 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2028 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; **401174** |
| &nbsp;&nbsp;**Texas: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;**Industrial development revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Beaumont TX IDA Jefferson Gulf Coast 144A | 4.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2028 | &nbsp;&nbsp;&nbsp; 700000 | &nbsp;&nbsp;&nbsp;&nbsp; **569267** |
| &nbsp;&nbsp;**Wisconsin: 0.25%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burrell College of Osteopathic Medicine Project PFA 144A | 5.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2028 | &nbsp;&nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp; **974323** |
| &nbsp;&nbsp;**Total Municipal obligations (Cost $15,853,068)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **14610582** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities: 6.39%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arroyo Mortgage Trust Series 2022-1 Class A3 144A | 3.65 | &nbsp;&nbsp;12-25-2056 | &nbsp;&nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;&nbsp; 1100365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BX Trust Series 2022-LP2 Class E (U.S. SOFR 1 Month +2.61%) 144A± | 6.94 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2039 | &nbsp;&nbsp;&nbsp;2785170 | &nbsp;&nbsp;&nbsp;&nbsp; 2592083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Automotive Real Estate Services Series 1A Class A6 144A | 3.81 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2050 | &nbsp;&nbsp;&nbsp; 496146 | &nbsp;&nbsp;&nbsp;&nbsp; 406491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2021-NQM8 Class M1 144A±± | 3.26 | &nbsp;&nbsp;10-25-2066 | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1207865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dell Equipment Finance Trust Series 2022-2 Class D 144A | 5.72 | &nbsp;&nbsp;&nbsp;&nbsp;1-24-2028 | &nbsp;&nbsp;&nbsp; 600000 | &nbsp;&nbsp;&nbsp;&nbsp; 581332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ellington Financial Mortgage Trust Series 2022-1 Class M1 144A±± | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2067 | &nbsp;&nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp; 1047033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flexential Issuer LLC Series 2021-1A Class C 144A | 6.93 | &nbsp;&nbsp;11-27-2051 | &nbsp;&nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3456757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GCAT Series 2021-NQM6 Class M1 144A±± | 3.41 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2066 | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1289773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golub Capital Partners Funding LLC Series2021-2A Class B 144A | 3.99 | &nbsp;&nbsp;10-19-2029 | &nbsp;&nbsp;&nbsp;&nbsp;500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodleap Sustainable Home Improvement Series 2022-1GS Class C 144A | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-20-2049 | &nbsp;&nbsp;&nbsp;2868382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1846418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust Series 2019-2 Class A3 144A±± | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust Series 2022-NQM1 Class M1 144A±± | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2061 | &nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1619697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oxford Finance Funding Trust Series 2022-1A Class B 144A | 4.10 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2030 | &nbsp;&nbsp;&nbsp;4500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4069864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRKCM 2022-AFC1 Trust Class M1 144A±± | 4.19 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2057 | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purewest Funding LLC Series 2021-1 Class A1 144A | 4.09 | &nbsp;&nbsp;12-22-2036 | &nbsp;&nbsp;&nbsp;&nbsp;672688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust Series 2018-6 Class A19 144A±± | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74038 |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 19

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Experts Issuer Series 2021-1A Class C 144A | 5.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-2-2032 | $&nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;$2561401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Mortgage Residential Series 2021-6 144A±± | 3.39 | &nbsp;&nbsp;11-25-2066 | &nbsp;&nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1943917 |
| &nbsp;&nbsp;**Total Non-agency mortgage-backed securities (Cost $32,358,666)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **25340232** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Dividend Yield** | **Shares** |  |
| &nbsp;&nbsp;**Preferred stocks: 0.15%** |  |  |  |
| &nbsp;&nbsp;**Energy: 0.02%** |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.02%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasil SP ADR | 7.69 | &nbsp;&nbsp;&nbsp; 6040 | &nbsp;&nbsp;&nbsp;&nbsp; **56112** |
| &nbsp;&nbsp;**Financials: 0.02%** |  |  |  |
| &nbsp;&nbsp;**Banks: 0.02%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Itau Unibanco Holding SA | 2.59 | &nbsp;&nbsp;&nbsp; 18100 | &nbsp;&nbsp;&nbsp;&nbsp; **85724** |
| &nbsp;&nbsp;**Information technology: 0.07%** |  |  |  |
| &nbsp;&nbsp;**Technology hardware, storage & peripherals: 0.07%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Company Limited | 4.65 | &nbsp;&nbsp;&nbsp; 7198 | &nbsp;&nbsp;&nbsp;&nbsp; **288448** |
| &nbsp;&nbsp;**Materials: 0.04%** |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.04%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LG Chem Limited | 2.93 | &nbsp;&nbsp;&nbsp; 780 | &nbsp;&nbsp;&nbsp;&nbsp; **172093** |
| &nbsp;&nbsp;**Total Preferred stocks (Cost $707,780)** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **602377** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** |  | &nbsp;&nbsp;**Principal** |  |
| &nbsp;&nbsp;**Yankee corporate bonds and notes: 9.97%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.46%** |  |  |  |  |
| &nbsp;&nbsp;**Media: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Videotron Limited 144A | 5.13 | &nbsp;&nbsp;4-15-2027 | $&nbsp;&nbsp;&nbsp;1155000 | &nbsp;&nbsp;&nbsp;&nbsp; **1090932** |
| &nbsp;&nbsp;**Wireless telecommunication services: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect U.S. Finco LLC 144A | 6.75 | &nbsp;&nbsp;10-1-2026 | &nbsp;&nbsp;&nbsp; 795000 | &nbsp;&nbsp;&nbsp;&nbsp; **736774** |
| &nbsp;&nbsp;**Energy: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baytex Energy Corporation 144A« | 8.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-1-2027 | &nbsp;&nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 508735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NorthRiver Midstream Finance LP 144A | 5.63 | &nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;&nbsp; 880000 | &nbsp;&nbsp;&nbsp;&nbsp; 833429 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1342164** |
| &nbsp;&nbsp;**Financials: 6.54%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 5.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays plc (USD Swap Semi Annual (vs. 3 Month LIBOR) 5 Year +4.84%) ʊ± | 7.75 | &nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp;&nbsp;2160000 | &nbsp;&nbsp;&nbsp;&nbsp; 2108808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA (USD Swap Semi Annual (vs. 3 Month LIBOR) 5 Year +4.90%) 144Aʊ± | 7.88 | &nbsp;&nbsp;1-23-2024 | &nbsp;&nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp; 1733900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danske Bank AS (7 Year Treasury Constant Maturity +4.13%) ʊ± | 7.00 | &nbsp;&nbsp;6-26-2025 | &nbsp;&nbsp;&nbsp;2300000 | &nbsp;&nbsp;&nbsp;&nbsp; 2179250 |

---

See accompanying notes to portfolio of investments

------

20 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Banks (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (USD ICE Swap Rate 11:00am NY 5 Year +4.37%) ʊ± | &nbsp;&nbsp;6.38% | &nbsp;&nbsp;&nbsp;&nbsp;3-30-2025 | $&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;$1938154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV (USD ICE Swap Rate 11:00am NY 5 Year +4.20%) ʊ± | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-16-2024 | &nbsp;&nbsp;&nbsp;3800000 | &nbsp;&nbsp;&nbsp;&nbsp; 3651990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group plc (USD Swap Semi Annual (vs. 3 Month LIBOR) 5 Year +4.76%) ʊ± | &nbsp;&nbsp;7.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-27-2024 | &nbsp;&nbsp;&nbsp;3665000 | &nbsp;&nbsp;&nbsp;&nbsp; 3552118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Group plc (5 Year Treasury Constant Maturity +3.10%) ʊ± | &nbsp;&nbsp;4.60 | &nbsp;&nbsp;&nbsp;&nbsp;6-28-2031 | &nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1073892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Skandinaviska Enskilda Banken AB (5 Year Treasury Constant Maturity +3.46%) ʊ± | &nbsp;&nbsp;5.13 | &nbsp;&nbsp;&nbsp;&nbsp;5-13-2025 | &nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1862500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA (USD ICE Swap Rate 11:00am NY 5 Year +5.87%) 144Aʊ± | &nbsp;&nbsp;8.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-9-2025 | &nbsp;&nbsp;&nbsp;3535000 | &nbsp;&nbsp;&nbsp;&nbsp; 3539419 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **21640031** |
| &nbsp;&nbsp;**Capital markets: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG (USD Swap Semi Annual (vs. 3 Month LIBOR) 5 Year +4.60%) 144Aʊ± | &nbsp;&nbsp;7.50 | &nbsp;&nbsp;12-11-2023 | &nbsp;&nbsp;&nbsp;2395000 | &nbsp;&nbsp;&nbsp;&nbsp; 2083650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group AG (5 Year Treasury Constant Maturity +4.89%) 144Aʊ± | &nbsp;&nbsp;5.25 | &nbsp;&nbsp;&nbsp;&nbsp;2-11-2027 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 650681 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2734331** |
| &nbsp;&nbsp;**Diversified financial services: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Castlelake Aviation Finance 144A | &nbsp;&nbsp;5.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2027 | &nbsp;&nbsp;&nbsp; 830000 | &nbsp;&nbsp;&nbsp;&nbsp; 722236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Red Finance Incorporated 144A | &nbsp;&nbsp;3.88 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2028 | &nbsp;&nbsp;&nbsp; 350000 | &nbsp;&nbsp;&nbsp;&nbsp; 313091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Red Finance Incorporated 144A | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;10-15-2030 | &nbsp;&nbsp;&nbsp; 650000 | &nbsp;&nbsp;&nbsp;&nbsp; 526377 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **1561704** |
| &nbsp;&nbsp;**Health care: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;**Biotechnology: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grifols Escrow Issuer SA 144A | &nbsp;&nbsp;4.75 | &nbsp;&nbsp;10-15-2028 | &nbsp;&nbsp;&nbsp;1270000 | &nbsp;&nbsp;&nbsp;&nbsp; **1096607** |
| &nbsp;&nbsp;**Pharmaceuticals: 0.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Companies Incorporated 144A | &nbsp;&nbsp;4.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2028 | &nbsp;&nbsp;&nbsp; 445000 | &nbsp;&nbsp;&nbsp;&nbsp; 283039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health Companies Incorporated 144A | &nbsp;&nbsp;5.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2030 | &nbsp;&nbsp;&nbsp;1530000 | &nbsp;&nbsp;&nbsp;&nbsp; 733880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Teva Pharmaceutical Finance Netherlands III BV | &nbsp;&nbsp;6.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2028 | &nbsp;&nbsp;&nbsp; 655000 | &nbsp;&nbsp;&nbsp;&nbsp; 638625 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1655544** |
| &nbsp;&nbsp;**Industrials: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 0.64%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust Series 2020-1 Class C 144A | 10.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;&nbsp;1805000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1832313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VistaJet Malta Finance PLC 144A | &nbsp;&nbsp;6.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;880000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705606 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2537919** |
| &nbsp;&nbsp;**Electrical equipment: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV 144A | &nbsp;&nbsp;4.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;&nbsp;1645000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1418813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies BV 144A | &nbsp;&nbsp;5.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2030 | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549681 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1968494** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.52%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fly Leasing Limited 144A | &nbsp;&nbsp;7.00 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp;&nbsp;2670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2082643** |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 21

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Information technology: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;**Technology hardware, storage & peripherals: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate HDD Cayman | 4.13% | &nbsp;&nbsp;1-15-2031 | $&nbsp;&nbsp;&nbsp; 296000 | &nbsp;&nbsp;$231047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seagate HDD Cayman 144A | 9.63 | &nbsp;&nbsp;12-1-2032 | &nbsp;&nbsp;&nbsp; 419200 | &nbsp;&nbsp;&nbsp;&nbsp; 459779 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **690826** |
| &nbsp;&nbsp;**Materials: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;**Containers & packaging: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Packaging Finance plc 144A | 6.00 | &nbsp;&nbsp;6-15-2027 | &nbsp;&nbsp;&nbsp; 450000 | &nbsp;&nbsp;&nbsp;&nbsp; **440525** |
| &nbsp;&nbsp;**Total Yankee corporate bonds and notes (Cost $44,113,408)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **39578494** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Short-term investments: 3.15%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 3.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞## |  | 4.09 | &nbsp;&nbsp;&nbsp;6621213 | &nbsp;&nbsp;&nbsp;&nbsp; 6621213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC ♠∩∞ |  | 4.36 | &nbsp;&nbsp;&nbsp;5869326 | &nbsp;&nbsp;&nbsp;&nbsp; 5869326 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $12,490,523)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **12490539** |
| &nbsp;&nbsp;**Total investments in securities (Cost $435,980,060)** | &nbsp;&nbsp;99.92% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;396594855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;&nbsp;0.08 |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 316123 |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$396910978** |

---

---

| | |
|:---|:---|
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933. |
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| † | Non-income-earning security |
| ♦ | The security is fair valued in accordance with Allspring Funds Management's valuation procedures, as the Board-designated valuation designee. |
| > | Restricted security as to resale, excluding Rule 144A securities. The Fund held restricted securities with an aggregate current value of $0 (original aggregate cost of $34,596,541), representing 0.00% of its net assets as of period end. |
| ‡ | Security is valued using significant unobservable inputs. |
| < | All or a portion of the position represents an unfunded loan commitment. The rate represents the current interest rate if the loan is partially funded. |
| ±± | The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end. |
| ## | All or a portion of this security is segregated for unfunded loans. |
| « | All or a portion of this security is on loan. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∩ | The investment is a non-registered investment company purchased with cash collateral received from securities on loan. |
| ∞ | The rate represents the 7-day annualized yield at period end. |
| # | All or a portion of this security is segregated as collateral for investments in derivative instruments. |
| ʊ | Security is perpetual in nature and has no stated maturity date. The date shown reflects the next call date. |

---

See accompanying notes to portfolio of investments

------

22 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| ADR | &nbsp;&nbsp;&nbsp;American depositary receipt |
| CDA | &nbsp;&nbsp;&nbsp;Community Development Authority |
| EUR | &nbsp;&nbsp;&nbsp;Euro |
| EURIBOR | &nbsp;&nbsp;&nbsp;Euro Interbank Offered Rate |
| GDR | &nbsp;&nbsp;&nbsp;Global depositary receipt |
| GO | &nbsp;&nbsp;&nbsp;General obligation |
| HEFAR | &nbsp;&nbsp;&nbsp;Higher Education Facilities Authority Revenue |
| IDA | &nbsp;&nbsp;&nbsp;Industrial Development Authority |
| LIBOR | &nbsp;&nbsp;&nbsp;London Interbank Offered Rate |
| PFA | &nbsp;&nbsp;&nbsp;Public Finance Authority |
| REIT | &nbsp;&nbsp;&nbsp;Real estate investment trust |
| SOFR | &nbsp;&nbsp;&nbsp;Secured Overnight Financing Rate |

---

#### Investments in affiliates
An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $23698082 | $29872385 | $(46949254) | $0 | $0 | $6621213 | 6621213 | $111642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp; 3949063 | &nbsp;&nbsp;&nbsp;13492162 | &nbsp;&nbsp;&nbsp;(11571787) | &nbsp;&nbsp;&nbsp;&nbsp;(128) | &nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp; 5869326 | 5869326 | &nbsp;&nbsp;&nbsp;&nbsp; 47418<sup>#</sup> |
|  |  |  |  | **$(128)** | **$16** | **$12490539** |  | **$159060** |

---

---

| | |
|:---|:---|
| <sup>#</sup> | Amount shown represents income before fees and rebates. |

---

#### Forward foreign currency contracts

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Currency to be<br> received** | &nbsp;&nbsp;**Currency to be<br> delivered** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> date** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;13,619,587 USD | &nbsp;&nbsp;12,785,000 EUR | &nbsp;&nbsp;Citibank National Association | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$(150146) |

---

#### Futures contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Notional<br> cost** | &nbsp;&nbsp;**Notional<br> value** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;**Long** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CAC 40 Index | &nbsp;&nbsp;&nbsp;&nbsp;144 | &nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;$10258620 | &nbsp;&nbsp;&nbsp;$9973935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;$(284685) |
| &nbsp;&nbsp;&nbsp;&nbsp;E-Mini S&P 500 Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;3-17-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4877124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4826250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50874) |
| &nbsp;&nbsp;&nbsp;&nbsp;XAP Consumer Staples Index | &nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;3-17-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15282155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15052360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(229795) |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43075330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42897406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(177924) |
| &nbsp;&nbsp;**Short** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DAX Index | &nbsp;&nbsp;&nbsp;&nbsp;(27) | &nbsp;&nbsp;3-17-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(10391248) | &nbsp;&nbsp;&nbsp;&nbsp;(10107077) | &nbsp;&nbsp;&nbsp;&nbsp;284171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro STOXX 50 Index | &nbsp;&nbsp;(360) | &nbsp;&nbsp;3-17-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(15126650) | &nbsp;&nbsp;&nbsp;&nbsp;(14585945) | &nbsp;&nbsp;&nbsp;&nbsp;540705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Ultra Treasury Bonds | &nbsp;&nbsp;(108) | &nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(14472826) | &nbsp;&nbsp;&nbsp;&nbsp;(14505750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32924) |
|  |  |  |  |  | &nbsp;&nbsp;**$824876** | &nbsp;&nbsp;**$(776202)** |

---

See accompanying notes to portfolio of investments

------

Allspring Diversified Income Builder Fund \| 23

------

Portfolio of investments—December 31, 2022 (unaudited)

------

#### Centrally cleared credit default swap contracts

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Reference index** | **Fixed rate<br> received** | &nbsp;&nbsp;**Payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Premiums<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;**Buy protection** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Markit CDX North America High Yield Index | 5.00% | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;12-20-2025 | &nbsp;&nbsp;USD | &nbsp;&nbsp;990000 | &nbsp;&nbsp;$27303 | &nbsp;&nbsp;$53020 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$(25717) |

---

#### Written options

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;&nbsp;**Exercise<br> price** | &nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Call** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;(522) | &nbsp;&nbsp;&nbsp;$(3627900) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$69.50 | &nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;&nbsp;$(5481) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;(161) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1135050) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70.50 | &nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(144) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;(321) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2279100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(706) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;(782) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5513100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70.50 | &nbsp;&nbsp;&nbsp;1-27-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(10164) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;(1784) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7492800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-6-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;(1210) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5021500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41.50 | &nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(285) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;(1027) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4159350) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40.50 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8730) |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;(765) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3136500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41.00 | &nbsp;&nbsp;&nbsp;1-27-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6106) |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq 100 Stock Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5350000) | &nbsp;&nbsp;&nbsp;&nbsp;13375.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-6-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq 100 Stock Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6525000) | &nbsp;&nbsp;&nbsp;&nbsp;13050.00 | &nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21) |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq 100 Stock Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6362500) | &nbsp;&nbsp;&nbsp;&nbsp;12725.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(988) |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq 100 Stock Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6262500) | &nbsp;&nbsp;&nbsp;&nbsp;12525.00 | &nbsp;&nbsp;&nbsp;1-27-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3075) |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3544500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-6-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(972500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-6-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3627000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2015.00 | &nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36) |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(188000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1880.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(495) |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3030000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2020.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(488) |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3022500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2015.00 | &nbsp;&nbsp;&nbsp;1-27-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(938) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32) | &nbsp;&nbsp;&nbsp;&nbsp;(14080000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-6-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28) | &nbsp;&nbsp;&nbsp;&nbsp;(12110000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4325.00 | &nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(420) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6405000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4270.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(750) |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500 Index | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26) | &nbsp;&nbsp;&nbsp;&nbsp;(11115000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4275.00 | &nbsp;&nbsp;&nbsp;1-27-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2925) |
| &nbsp;&nbsp;&nbsp;&nbsp;SPDR Euro STOXX 50 ETF | &nbsp;&nbsp;&nbsp;Morgan Stanley Company Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(91) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(373100) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1365) |

---

See accompanying notes to portfolio of investments

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24 \| Allspring Diversified Income Builder Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

#### Written options (continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;&nbsp;**Exercise<br> price** | &nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Call (continued)** |  |  |  |  |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;**$(43122)** |

---

See accompanying notes to portfolio of investments

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Allspring Diversified Income Builder Fund \| 25

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Notes to portfolio of investments—December 31, 2022 (unaudited)

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Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g. taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Equity securities and futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

The values of securities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Valuation Committee at Allspring Funds Management, LLC ("Allspring Funds Management").

Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore may not fully reflect trading or events that occur after the close of the principal exchange in which the foreign securities are traded, but before the close of the New York Stock Exchange. If such trading or events are expected to materially affect the value of such securities, then fair value pricing procedures implemented by Allspring Funds Management are applied. These procedures take into account multiple factors including movements in U.S. securities markets after foreign exchanges close. Foreign securities that are fair valued under these procedures are categorized as Level 2 and the application of these procedures may result in transfers between Level 1 and Level 2. Depending on market activity, such fair valuations may be frequent. Such fair value pricing may result in net asset values that are higher or lower than net asset values based on the last reported sales price or latest quoted bid price. On December 31, 2022, such fair value pricing was used in pricing certain foreign securities.

Forward foreign currency contracts are recorded at the forward rate provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Valuation Committee.

Options that are listed on a foreign or domestic exchange or market are valued at the closing mid-price. Non-listed options and swap contracts are valued at the evaluated price provided by an independent pricing service or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Swap contracts are valued at the evaluated price provided by an independent pricing service or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Foreign currency translation

The accounting records of the Fund are maintained in U.S. dollars. The values of other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Allspring Global Investments Valuation Committee. Purchases and sales of securities, and income and expenses are converted at the rate of exchange on the respective dates of such transactions. Net realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the U.S. dollar equivalent of the amounts actually paid or received. Net unrealized foreign exchange gains and losses arise from changes in the fair value of assets and liabilities other than investments in securities

------

26 \| Allspring Diversified Income Builder Fund

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Notes to portfolio of investments—December 31, 2022 (unaudited)

------

resulting from changes in exchange rates. The changes in net assets arising from changes in exchange rates of securities and the changes in net assets resulting from changes in market prices of securities are not separately presented. Such changes are included in net realized and unrealized gains or losses from investments.

Securities lending

The Fund may lend its securities from time to time in order to earn additional income in the form of fees or interest on securities received as collateral or the investment of any cash received as collateral. When securities are on loan, the Fund receives interest or dividends on those securities. Cash collateral received in connection with its securities lending transactions is invested in Securities Lending Cash Investments, LLC (the "Securities Lending Fund"), an affiliated non-registered investment company. Investments in Securities Lending Fund are valued at the evaluated bid price provided by an independent pricing service. The Securities Lending Fund is exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940 and is managed by Allspring Funds Management and is subadvised by Allspring Global Investments, LLC ("Allspring Investments"), an affiliate of Allspring Funds Management and wholly owned subsidiary of Allspring Global Investments Holdings, LLC. Allspring Funds Management receives an advisory fee starting at 0.05% and declining to 0.01% as the average daily net assets of the Securities Lending Fund increase. All of the fees received by Allspring Funds Management are paid to Allspring Investments for its services as subadviser. The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open Rate by investing in high-quality, U.S. dollar-denominated short-term money market instruments.

In a securities lending transaction, the net asset value of the Fund is affected by an increase or decrease in the value of the securities loaned and by an increase or decrease in the value of the instrument in which collateral is invested. The amount of securities lending activity undertaken by the Fund fluctuates from time to time. The Fund has the right under the lending agreement to recover the securities from the borrower on demand. In the event of default or bankruptcy by the borrower, the Fund may be prevented from recovering the loaned securities or gaining access to the collateral or may experience delays or costs in doing so. In such an event, the terms of the agreement allow the unaffiliated securities lending agent to use the collateral to purchase replacement securities on behalf of the Fund or pay the Fund the market value of the loaned securities. The Fund bears the risk of loss with respect to depreciation of its investment of the cash collateral.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Loans

The Fund may invest in direct debt instruments which are interests in amounts owed to lenders by corporate or other borrowers. The loans pay interest at rates which are periodically reset by reference to a base lending rate plus a spread. Investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. When the Fund purchases participations, it generally has no rights to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Fund assumes the credit risk of both the borrower and the lender that is selling the participation. When the Fund purchases assignments from lenders, it acquires direct rights against the borrower on the loan and may enforce compliance by the borrower with the terms of the loan agreement. Loans may include fully funded term loans or unfunded loan commitments, which are contractual obligations for future funding.

As of December 31, 2022, the Fund had unfunded loan commitments of $175,500.

Forward foreign currency contracts

A forward foreign currency contract is an agreement between two parties to purchase or sell a specific currency for an agreed-upon price at a future date. The Fund enters into forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to attempt to minimize the risk to the Fund from adverse changes in the relationship between currencies. Forward foreign currency contracts are recorded at the forward rate and marked-to-market daily. When the contracts are closed, realized gains and losses arising from such transactions are recorded as realized gains or losses on forward foreign currency contracts. The Fund is subject to foreign currency risk and may be exposed to risks if the counterparties to the contracts are unable to meet the terms of their contracts or if the value of the foreign currency changes unfavorably. The Fund's maximum risk of loss from counterparty credit risk is the unrealized gains on the contracts. This risk may be mitigated if there is a master netting arrangement between the Fund and the counterparty.

------

Allspring Diversified Income Builder Fund \| 27

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Notes to portfolio of investments—December 31, 2022 (unaudited)

------

Futures contracts

Futures contracts are agreements between the Fund and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price on a specified date. The Fund may buy and sell futures contracts in order to gain exposure to, or protect against, changes in interest rates, security values and foreign exchange rates and is subject to interest rate risk, equity price risk and foreign currency risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Fund and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Fund since futures contracts are exchange traded and the exchange's clearinghouse, as the counterparty to all exchange-traded futures, guarantees the futures contracts against default.

Upon entering into a futures contract, the Fund is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable) in the Statement of Assets and Liabilities. Should the Fund fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Fund's payment obligations. When the contracts are closed, a realized gain or loss is recorded in the Statement of Operations.

Options

The Fund may write covered call options or secured put options on individual securities and/or indexes. When the Fund writes an option, an amount equal to the premium received is recorded as a liability and is subsequently adjusted to the current market value of the written option. Premiums received from written options that expire unexercised are recognized as realized gains on the expiration date. For exercised options, the difference between the premium received and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is treated as a realized gain or loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security in calculating the realized gain or loss on the sale. If a put option is exercised, the premium reduces the cost of the security purchased. The Fund, as a writer of an option, bears the market risk of an unfavorable change in the price of the security and/or index underlying the written option.

The Fund may also purchase call or put options. Premiums paid are subsequently adjusted based on the current market values of the options. Premiums paid for purchased options that expire are recognized as realized losses on the expiration date. Premiums paid for purchased options that are exercised or closed are added to the amount paid or offset against the proceeds received for the underlying security to determine the realized gain or loss. The risk of loss associated with purchased options is limited to the premium paid.

Options traded on an exchange are regulated and terms of the options are standardized. The Fund is subject to equity price risk. Purchased options traded over-the-counter expose the Fund to counterparty risk in the event the counterparty does not perform. This risk can be mitigated by having a master netting arrangement between the Fund and the counterparty and by having the counterparty post collateral to cover the Fund's exposure to the counterparty.

Swap contracts

Swap contracts are agreements between the Fund and a counterparty to exchange a series of cash flows over a specified period. Swap agreements are privately negotiated contracts between the Fund that are entered into as bilateral contracts in the over-the-counter market or centrally cleared ("centrally cleared swaps") with a central clearinghouse.

The Fund entered into centrally cleared swaps. In a centrally cleared swap, immediately following execution of the swap contract, the swap contract is novated to a central counterparty (the "CCP") and the Fund's counterparty on the swap agreement becomes the CCP. Upon entering into a centrally cleared swap, the Fund is required to deposit an initial margin with the broker in the form of cash or securities. Pursuant to the contract, the Fund agrees to receive from or pay to the broker an amount of cash equal to the daily fluctuation in market value of the contract ("variation margin"). The variation margin is recorded as an unrealized gain (or loss) on centrally cleared swaps. Payments received from (paid to) the counterparty are recorded as realized gains (losses) when the contract is closed.

#### Credit default swaps
The Fund may enter into credit default swaps for hedging or speculative purposes to provide or receive a measure of protection against default on a referenced entity, obligation or index or a basket of single-name issuers or traded indexes. An index credit default swap references all the names in the index, and if a credit event is triggered, the credit event is settled based on that name's weight in the index. Credit default swaps are agreements in which the protection buyer pays fixed periodic payments to the protection seller in consideration for a promise from the protection seller to make a specific

------

28 \| Allspring Diversified Income Builder Fund

------

Notes to portfolio of investments—December 31, 2022 (unaudited)

------

payment should a negative credit event take place with respect to the referenced entity (e.g., bankruptcy, failure to pay, obligation acceleration, repudiation, moratorium or restructuring).

The Fund may enter into credit default swaps as either the seller of protection or the buyer of protection. If the Fund is the buyer of protection and a credit event occurs, the Fund will either receive from the seller an amount equal to the notional amount of the swap and deliver the referenced security or underlying securities comprising the index, or receive a net settlement of cash equal to the notional amount of the swap less the recovery value of the security or underlying securities comprising the index. If the Fund is the seller of protection and a credit event occurs, the Fund will either pay the buyer an amount equal to the notional amount of the swap and take delivery of the referenced security or underlying securities comprising the index or pay a net settlement of cash equal to the notional amount of the swap less the recovery value of the security or underlying securities comprising the index.

As the seller of protection, the Fund is subject to investment exposure on the notional amount of the swap and has assumed the risk of default of the underlying security or index. As the buyer of protection, the Fund could be exposed to risks if the seller of the protection defaults on its obligation to perform, or if there are unfavorable changes in the fluctuation of interest rates.

By entering into credit default swap contracts, the Fund is exposed to credit risk. In addition, certain credit default swap contracts entered into by the Fund provide for conditions that result in events of default or termination that enable the counterparty to the agreement to cause an early termination of the transactions under those agreements.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

■ Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

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Allspring Diversified Income Builder Fund \| 29

------

Notes to portfolio of investments—December 31, 2022 (unaudited)

------

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Asset-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$14106022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$14106022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Communication services* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7479518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8173310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer discretionary* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12135101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12306984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer staples* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3770539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3912007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Energy* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2914643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2964141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Financials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15085611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2183017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17268628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Health care* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14361780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14361780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Industrials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9061125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9142114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Information technology* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30371302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30674868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Materials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2675524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2855570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Real estate* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1881449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Utilities* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1631219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160138039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160138039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Foreign corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13154919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13154919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Loans** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10588477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11401581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Municipal obligations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14610582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14610582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-agency mortgage-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25340232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25340232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Preferred stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Energy* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Financials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Information technology* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Materials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39578494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39578494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12490539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12490539 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;113294311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282487440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396594855 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$114119187** | &nbsp;&nbsp;&nbsp;&nbsp;**$282487440** | &nbsp;&nbsp;&nbsp;&nbsp;**$813104** | &nbsp;&nbsp;&nbsp;&nbsp;**$397419731** |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Liabilities</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Forward foreign currency contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$150146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$150146 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776202 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Written options** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43122 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Swap contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$818127** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$177060** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$995187** |

---

Futures contracts, forward foreign currency contracts and swap contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the tables following the Portfolio of Investments. All other assets and liabilities are reported at their market value at measurement date.

Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.

As of December 31, 2022, $4,221,047 was segregated as cash collateral for open futures contracts and $41,330 was segregated as cash collateral for swap contracts. The Fund also had $993,037 segregated as cash collateral for open forward foreign currency contracts.

For the three months ended December 31, 2022, the Fund did not have any transfers into/out of Level 3.

------

30 \| Allspring Diversified Income Builder Fund

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Diversified Income Builder Fund

- **b. EDGAR series identifier (if any):** S000029101

- **c. LEI of Series:** 549300FP4HFAVX1JJC53

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $407046658.10

**Total Liabilities:** $9323658.41

**Net Assets:** $397722999.69

**Cash Not Reported:** $3385178.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -48.13000000 | **1-Year:** -2219.77000000 | **5-Year:** -5530.48000000 | **10-Year:** -9249.88000000 | **30-Year:** -9331.66000000

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

- **3-Month:** -405.09000000 | **1-Year:** -19809.87000000 | **5-Year:** -48998.71000000 | **10-Year:** -23559.30000000 | **30-Year:** -16257.44000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092802 | 3.19%                | 3.09%                | -1.72%               |
| Class ID C000089465 | 3.10%                | 3.19%                | -1.86%               |
| Class ID C000089467 | 3.03%                | 3.12%                | -1.92%               |
| Class ID C000089468 | 3.01%                | 3.31%                | -1.88%               |
| Class ID C000205250 | 3.22%                | 3.12%                | -1.69%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3340398.92             | $14169432.71                               |
| Month 2  | $-3117957.55             | $16418863.38                               |
| Month 3  | $-1918427.40             | $-7197301.93                               |

**Designated Index Information**

- **Index Name:** 60% ICE BofAML US High Yield Cash Pay / 15% Bloomberg US Aggregate / 25% MSCI ACWI (net)

- **Index Identifier:** DIVERSIFIED_INCOME_BUILDER_BMK

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| On Holding AG                                                                    | On Holding AG                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     10066 | NS      | $172732.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                         | Outfront Media Capital LLC / Outfront Media Capital Corp                                                               | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    775000 | PA      | $641175.74    | 0.16%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd                                               | Hong Kong Exchanges & Clearing Ltd                                                                                     | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |      2000 | NS      | $86401.17     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                                                             | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570000 | PA      | $504679.65    | 0.13%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                                                               | Baytex Energy Corp                                                                                                     | CUSIP: 07317QAH8<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $508735.00    | 0.13%             | 2027-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                                                               | CUSIP: 431318AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $995500.00    | 0.25%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                                | Clarios Global LP                                                                                                      | CUSIP: 18060TAA3<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |    685000 | PA      | $686583.34    | 0.17%             | 2025-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd                                          | Ping An Insurance Group Co of China Ltd                                                                                | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     20700 | NS      | $136975.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                                                               | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    230000 | PA      | $221108.57    | 0.06%             | 2025-06-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                                                                    | LFS Topco LLC                                                                                                          | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    705000 | PA      | $568055.00    | 0.14%             | 2026-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                                                    | AIB Group PLC                                                                                                          | CUSIP: 000000000<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $1999501.17   | 0.50%             | 2025-06-23      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Brex Inc                                                                         | Brex Commercial Charge Card Master Trust                                                                               | CUSIP: 05601DAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $968247.90    | 0.24%             | 2025-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                                                                | CUSIP: 02364W105<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |      3017 | NS      | $54909.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                                                | Cisco Systems Inc                                                                                                      | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     13729 | NS      | $654049.56    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc                                                           | Yum China Holdings Inc                                                                                                 | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |      1500 | NS      | $84364.13     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                                       | Intuit Inc                                                                                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       655 | NS      | $254939.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                                                                    | Dynatrace Inc                                                                                                          | CUSIP: 268150109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6334 | NS      | $242592.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| M6 ETX Holdings II Midco LLC                                                     | M6 ETX Holdings II Midco LLC Term Loan B                                                                               | CUSIP: 55285DAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    349125 | PA      | $348796.82    | 0.09%             | 2029-09-19      | Variable      | 9.16%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                     | CaixaBank SA                                                                                                           | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   3000000 | PA      | $3126780.83   | 0.79%             | 2023-09-19      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| QORVO INC                                                                        | Qorvo Inc                                                                                                              | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    390000 | PA      | $313341.21    | 0.08%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NMG HLDCO/NEIMAN MARCUS                                                          | NMG Holding Co Inc / Neiman Marcus Group LLC                                                                           | CUSIP: 62929RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    995000 | PA      | $932581.16    | 0.23%             | 2026-04-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                          | QVC Inc                                                                                                                | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    810000 | PA      | $483975.00    | 0.12%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BlackRock Inc                                                                    | BlackRock Inc                                                                                                          | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |       307 | NS      | $217549.41    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Zebra Technologies Corp                                                          | Zebra Technologies Corp                                                                                                | CUSIP: 989207105<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | EC               | CORP              | US        |       568 | NS      | $145640.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Universal                                                                 | Allied Universal Holdco LLC / Allied Universal Finance Corp                                                            | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $549000.00    | 0.14%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                                                               | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1560195.50   | 0.39%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                                                               | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    580000 | PA      | $456808.00    | 0.11%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United Parcel Service Inc                                                        | United Parcel Service Inc                                                                                              | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      1060 | NS      | $184270.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                                                                        | Nokia Oyj                                                                                                              | CUSIP: 000000000<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |    146315 | NS      | $677706.94    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH NETWORK CORP                                                                | DISH Network Corp                                                                                                      | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231727.50    | 0.06%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Accenture PLC                                                                    | Accenture PLC                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      2477 | NS      | $660962.68    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ENLINK MIDSTREAM LLC                                                             | EnLink Midstream LLC                                                                                                   | CUSIP: 29336TAD2<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    645000 | PA      | $638356.50    | 0.16%             | 2030-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIENA CORP                                                                       | Ciena Corp                                                                                                             | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    475000 | PA      | $418052.25    | 0.11%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                          | Dryden 80 CLO Ltd                                                                                                      | CUSIP: 26245JAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2539119.00   | 0.64%             | 2033-01-17      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| DigitalOcean Holdings Inc                                                        | DigitalOcean Holdings Inc                                                                                              | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |      8777 | NS      | $223550.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                     | CSMC 2021-NQM8                                                                                                         | CUSIP: 12659FAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1207864.80   | 0.30%             | 2066-10-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                                                            | SS&C Technologies Inc                                                                                                  | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    600000 | PA      | $561837.66    | 0.14%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                                                                                 | CUSIP: 74443DDU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $974322.75    | 0.24%             | 2028-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                                                      | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     13550 | NS      | $455822.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sound Point CLO LTD                                                              | Sound Point CLO XXXIII Ltd                                                                                             | CUSIP: 83616KAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1750000 | PA      | $1465383.50   | 0.37%             | 2035-04-25      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                                     | Bausch Health Companies Inc. 2022 Term Loan B                                                                          | CUSIP: 000000000<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | LON              | CORP              | CA        |   1131000 | PA      | $855793.77    | 0.22%             | 2027-02-01      | Variable      | 9.67%                 | No            |                  2 | On Loan: No      |
| Evolent Health Inc                                                               | Evolent Health Inc                                                                                                     | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |       186 | NS      | $5222.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Revance Therapeutics Inc                                                         | Revance Therapeutics Inc                                                                                               | CUSIP: 761330109<br>LEI: 549300N33TFDZHS81H11 | Long             | EC               | CORP              | US        |      6942 | NS      | $128149.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMSCOPE INC                                                                    | CommScope Inc                                                                                                          | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    255000 | PA      | $205581.00    | 0.05%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FLY LEASING LTD                                                                  | Fly Leasing Ltd                                                                                                        | CUSIP: 14308CAA1<br>LEI: 549300LI58A0MHGHTZ98 | Long             | DBT              | CORP              | BM        |   2670000 | PA      | $2082642.88   | 0.52%             | 2024-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                                                               | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1449339.12   | 0.36%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| RHB Bank Bhd                                                                     | RHB Bank Bhd                                                                                                           | CUSIP: 000000000<br>LEI: 549300ZHRPSV7QIUJT80 | Long             | EC               | CORP              | MY        |     46058 | NS      | $60539.35     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                                                           | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1197651.05   | 0.30%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                                                           | Sequoia Mortgage Trust 2018-6                                                                                          | CUSIP: 81747JAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80730 | PA      | $74037.71     | 0.02%             | 2048-07-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                                                               | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |    345000 | PA      | $334056.60    | 0.08%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chipotle Mexican Grill Inc                                                       | Chipotle Mexican Grill Inc                                                                                             | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       279 | NS      | $387109.71    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KINETIK HOLDINGS LP                                                              | Kinetik Holdings LP                                                                                                    | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    975000 | PA      | $914338.43    | 0.23%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EMERGING MARKETS                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1210 | NC      | $-285.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Progressive Corp/The                                                             | Progressive Corp/The                                                                                                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      1100 | NS      | $142681.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GAIL India Ltd                                                                   | GAIL India Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 335800N82LJD42ZA5L32 | Long             | EC               | CORP              | IN        |     83115 | NS      | $96496.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoomlion Heavy Industry Science and Technology Co Ltd                            | Zoomlion Heavy Industry Science and Technology Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 529900QZ3EMAU0QKFK85 | Long             | EC               | CORP              | CN        |    180800 | NS      | $85472.59     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                                                      | CUSIP: 404280AT6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1938154.46   | 0.49%             | 2025-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc                                                       | Vertex Pharmaceuticals Inc                                                                                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1215 | NS      | $350867.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                                                            | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    450000 | PA      | $359120.25    | 0.09%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| China Medical System Holdings Ltd                                                | China Medical System Holdings Ltd                                                                                      | CUSIP: 000000000<br>LEI: 529900Z57DVJXUBLHX66 | Long             | EC               | CORP              | KY        |    334000 | NS      | $525468.74    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | NASDAQ 100 STOCK INDX                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -5 | NC      | $-987.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Corp                                                                                                            | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    375000 | PA      | $341224.95    | 0.09%             | 2026-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                                                                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      3858 | NS      | $798876.06    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                                                           | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    630000 | PA      | $464968.35    | 0.12%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                                         | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                     | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              |  | US        |    615000 | PA      | $496526.40    | 0.12%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners Funding                                                   | Golub Capital Partners ABS Funding 2021-2 Ltd                                                                          | CUSIP: 38178XAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $413522.70    | 0.10%             | 2029-10-19      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| Tingyi Cayman Islands Holding Corp                                               | Tingyi Cayman Islands Holding Corp                                                                                     | CUSIP: 000000000<br>LEI: 5299009MPI9B60VN4P25 | Long             | EC               | CORP              | KY        |     75800 | NS      | $133819.83    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HAWAIIAN BRAND INTELLECT                                                         | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd                                                   | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1745000 | PA      | $1579225.00   | 0.40%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                  | Long: SP9U3JY74 CDS USD R F  5.00000 SP9U3JY74_FEE CCPCDX / Short: SP9U3JY74 CDS USD P V 03MEVENT SP9U3JY74_PRO CCPCDX | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    990000 | OU      | $27302.53     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                                                           | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1416746.40   | 0.36%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EMERGING MARKETS                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1784 | NC      | $-0.71        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Alrosa PJSC                                                                      | Alrosa PJSC                                                                                                            | CUSIP: 000000000<br>LEI: 894500DKUWVBYZLLE651 | Long             | EC               | CORP              | RU        |     42660 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CARNIVAL HLDGS BM LTD                                                            | Carnival Holdings Bermuda Ltd                                                                                          | CUSIP: 14366RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    505000 | PA      | $518438.05    | 0.13%             | 2028-05-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                             | CHART INDUSTRIES INC                                                                                                   | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |    180000 | PA      | $177863.40    | 0.04%             | 2029-12-07      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Unilever Indonesia Tbk PT                                                        | Unilever Indonesia Tbk PT                                                                                              | CUSIP: 000000000<br>LEI: 549300MUHUFNRRI19O72 | Long             | EC               | CORP              | ID        |    148000 | NS      | $44682.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                                                                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      4013 | NS      | $2127612.34   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                                                                      | Workiva Inc                                                                                                            | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |       174 | NS      | $14610.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                                                          | CUSIP: 172967MK4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $831200.93    | 0.21%             | 2025-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT                                                           | Air Canada 2020-1 Class C Pass Through Trust                                                                           | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1805000 | PA      | $1832312.90   | 0.46%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| United Rentals Inc                                                               | United Rentals Inc                                                                                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1391 | NS      | $494389.22    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp                                                                         | Kia Corp                                                                                                               | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |      2679 | NS      | $126048.24    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Telecom Co                                                                 | Saudi Telecom Co                                                                                                       | CUSIP: 000000000<br>LEI: 21380028ATJ79OTA9W17 | Long             | EC               | CORP              | SA        |      9311 | NS      | $90607.18     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronext N.V.                                                                    | CAC40 10 EURO FUT JAN23                                                                                                | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | N/A              | DE               |  | FR        |       144 | NC      | $-284685.27   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                                                    | Repligen Corp                                                                                                          | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |      1574 | NS      | $266493.94    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                           | Harvest Midstream I LP                                                                                                 | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    690000 | PA      | $658563.60    | 0.17%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PRKCM Trust                                                                      | PRKCM 2022-AFC1 Trust                                                                                                  | CUSIP: 69377CAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $450747.54    | 0.11%             | 2057-04-25      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| China State Construction International Holdings Ltd                              | China State Construction International Holdings Ltd                                                                    | CUSIP: 000000000<br>LEI: 529900QVUUH13RIZIR85 | Long             | EC               | CORP              | KY        |    108500 | NS      | $121907.77    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang NHU Co Ltd                                                              | Zhejiang NHU Co Ltd                                                                                                    | CUSIP: 000000000<br>LEI: 655600NJSJADB39G3P54 | Long             | EC               | CORP              | CN        |     45648 | NS      | $123120.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QVC Inc                                                                          | QVC Inc                                                                                                                | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    500000 | PA      | $245000.00    | 0.06%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE C0-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                    | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    615000 | PA      | $459318.90    | 0.12%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                                         | TerraForm Power Operating LLC                                                                                          | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   2530000 | PA      | $2276974.70   | 0.57%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MarketAxess Holdings Inc                                                         | MarketAxess Holdings Inc                                                                                               | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      1346 | NS      | $375385.94    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                                                    | Interactive Brokers Group Inc                                                                                          | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      4433 | NS      | $320727.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                                                         | J.P. Morgan Mortgage Trust 2019-2                                                                                      | CUSIP: 46650TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43270 | PA      | $41150.23     | 0.01%             | 2049-08-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                                         | BX Commercial Mortgage Trust 2022-LP2                                                                                  | CUSIP: 05610HAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2785170 | PA      | $2592083.32   | 0.65%             | 2039-02-15      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                                             | Oceaneering International Inc                                                                                          | CUSIP: 675232AA0<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |    920000 | PA      | $878635.84    | 0.22%             | 2024-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                                                                 | VB-S1 Issuer LLC - VBTEL                                                                                               | CUSIP: 91823ABA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1245753.90   | 0.31%             | 2052-02-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                 | MGM Resorts International                                                                                              | CUSIP: 552953CG4<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    385000 | PA      | $387006.24    | 0.10%             | 2025-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EAFE ETF                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -321 | NC      | $-705.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                                                         | CQP Holdco LP / BIP-V Chinook Holdco LLC                                                                               | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1236016.76   | 0.31%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | Cinemark USA Inc                                                                                                       | CUSIP: 172441BC0<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    935000 | PA      | $944180.54    | 0.24%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                                                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      4146 | NS      | $670035.06    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Bimbo SAB de CV                                                            | Grupo Bimbo SAB de CV                                                                                                  | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | EC               | CORP              | MX        |     16400 | NS      | $69264.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                                                          | CUSIP: 143658BG6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    190000 | PA      | $190904.40    | 0.05%             | 2026-02-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                                                               | Publicis Groupe SA                                                                                                     | CUSIP: 000000000<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |     10401 | NS      | $661567.14    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA                                                       | Bank Polska Kasa Opieki SA                                                                                             | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |      3078 | NS      | $60768.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | S+P 500 INDEX                                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -28 | NC      | $-420.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                                                               | Midea Group Co Ltd                                                                                                     | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     27099 | NS      | $201925.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVE & BUSTER'S INC                                                              | Dave & Buster's Inc                                                                                                    | CUSIP: 23833NAH7<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | DBT              | CORP              | US        |    325000 | PA      | $326625.00    | 0.08%             | 2025-11-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| nVent Electric PLC                                                               | nVent Electric PLC                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     20520 | NS      | $789404.40    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                                                                   | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      2329 | NS      | $140648.31    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                         | Outfront Media Capital LLC / Outfront Media Capital Corp                                                               | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $261071.46    | 0.07%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWNSQUARE MEDIA INC                                                             | Townsquare Media Inc                                                                                                   | CUSIP: 892231AB7<br>LEI: 549300XBA8C68H0DR538 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1557565.13   | 0.39%             | 2026-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| China Communications Services Corp Ltd                                           | China Communications Services Corp Ltd                                                                                 | CUSIP: 000000000<br>LEI: 529900JCDRVQE6YZKT86 | Long             | EC               | CORP              | CN        |    138000 | NS      | $50387.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIED UNIVERSAL                                                                 | Allied Universal Holdco LLC / Allied Universal Finance Corp                                                            | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1034207.47   | 0.26%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | Nabors Industries Inc                                                                                                  | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    845000 | PA      | $818547.05    | 0.21%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Tradeweb Markets Inc                                                             | Tradeweb Markets Inc                                                                                                   | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20388 | NS      | $1323792.84   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                                                                    | CUSIP: 78486QAQ4<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $944595.00    | 0.24%             | 2031-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                                                     | Thermo Fisher Scientific Inc                                                                                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       238 | NS      | $131064.22    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                                                            | Costco Wholesale Corp                                                                                                  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      2380 | NS      | $1086470.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Leslie's Inc                                                                     | Leslie's Inc                                                                                                           | CUSIP: 527064109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40383 | NS      | $493076.43    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | S+P 500 INDEX                                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -15 | NC      | $-750.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                                                               | Planet Fitness Inc                                                                                                     | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |      5615 | NS      | $442462.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SEALED AIR CORP                                                                  | Sealed Air Corp                                                                                                        | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    290000 | PA      | $272600.00    | 0.07%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                                                               | Scripps Escrow Inc                                                                                                     | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $825562.50    | 0.21%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                   | BNP Paribas SA                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     11539 | NS      | $657739.56    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                                                                        | PG&E Corp                                                                                                              | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1911000.00   | 0.48%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                                                   | Sabre GLBL Inc                                                                                                         | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    465000 | PA      | $478822.13    | 0.12%             | 2027-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                             | Michaels Cos Inc/The                                                                                                   | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    780000 | PA      | $521171.26    | 0.13%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS THEME PARKS                                                            | Six Flags Theme Parks Inc                                                                                              | CUSIP: 83001WAC8<br>LEI: 5493003MX0ZXTM8EVY68 | Long             | DBT              | CORP              | US        |    522000 | PA      | $525555.85    | 0.13%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Agilent Technologies Inc                                                         | Agilent Technologies Inc                                                                                               | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |       792 | NS      | $118522.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR METHODS CORP                                                                 | Air Methods Corp                                                                                                       | CUSIP: 00215JAA7<br>LEI: 54930081QGNZXVDOZF63 | Long             | DBT              | CORP              | US        |    515000 | PA      | $25750.00     | 0.01%             | 2025-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Shell PLC                                                                        | Shell PLC                                                                                                              | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     19335 | NS      | $543703.67    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc                                                      | BioMarin Pharmaceutical Inc                                                                                            | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |      2299 | NS      | $237923.51    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                                                      | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   1615000 | PA      | $1403435.00   | 0.35%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Linde PLC                                                                        | Linde PLC                                                                                                              | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |      2235 | NS      | $729012.30    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                                                          | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1565000 | PA      | $1548422.35   | 0.39%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                                           | Clydesdale Acquisition Holdings Inc                                                                                    | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $920169.41    | 0.23%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                                         | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                     | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1136844.26   | 0.29%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT Midstream Inc                                                                                                       | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $163230.90    | 0.04%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Oaktree Specialty Lending Corp                                                   | Oaktree Specialty Lending Corp                                                                                         | CUSIP: 67401P108<br>LEI: 549300J6MGCEU5928620 | Long             | EC               | CORP              | US        |     93339 | NS      | $641238.93    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| iRhythm Technologies Inc                                                         | iRhythm Technologies Inc                                                                                               | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |      1120 | NS      | $104910.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                                                           | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1350000 | PA      | $1060384.50   | 0.27%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                                                               | CUSIP: 539439AG4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   3665000 | PA      | $3552118.00   | 0.89%             | 2024-06-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                                    | FirstCash Inc                                                                                                          | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    725000 | PA      | $645297.15    | 0.16%             | 2030-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                                                       | Samsung Electronics Co Ltd                                                                                             | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      6916 | NS      | $303565.67    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| EnLink Midstream LLC                                                             | EnLink Midstream LLC                                                                                                   | CUSIP: 29336TAA8<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |   1620000 | PA      | $1498950.47   | 0.38%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Banco BTG Pactual SA                                                             | Banco BTG Pactual SA                                                                                                   | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |     16804 | NS      | $76012.21     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Magnit PJSC                                                                      | Magnit PJSC                                                                                                            | CUSIP: 000000000<br>LEI: 2534009KKPTVL99W2Y12 | Long             | EC               | CORP              | RU        |      1041 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                                                         | BroadStreet Partners Inc                                                                                               | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1361730.18   | 0.34%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Black Knight Inc                                                                 | Black Knight Inc                                                                                                       | CUSIP: 09215C105<br>LEI: 549300TUSNXS3BFFML48 | Long             | EC               | CORP              | US        |      5787 | NS      | $357347.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                                                           | DBS Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |     26100 | NS      | $660976.56    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                                                          | Aethon United BR LP / Aethon United Finance Corp                                                                       | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1185375.57   | 0.30%             | 2026-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Indus Towers Ltd                                                                 | Indus Towers Ltd                                                                                                       | CUSIP: 000000000<br>LEI: 335800L6DI4VHODGDK41 | Long             | EC               | CORP              | IN        |     38085 | NS      | $87674.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                                                          | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $598593.75    | 0.15%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Vale SA                                                                          | Vale SA                                                                                                                | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |      7000 | NS      | $118594.26    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                                                           | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     17804 | NS      | $622605.88    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                                                          | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    755000 | PA      | $503118.37    | 0.13%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                                                              | CUSIP: 26885BAN0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    945000 | PA      | $910526.40    | 0.23%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EAFE ETF                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -522 | NC      | $-5481.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| 360 DigiTech Inc                                                                 | 360 DigiTech Inc                                                                                                       | CUSIP: 88557W101<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      4616 | NS      | $93981.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EAFE ETF                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -161 | NC      | $-143.92      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Inner Mongolia Yili Industrial Group Co Ltd                                      | Inner Mongolia Yili Industrial Group Co Ltd                                                                            | CUSIP: 000000000<br>LEI: 3003002Q2A863JPQFH06 | Long             | EC               | CORP              | CN        |     27300 | NS      | $121740.01    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PETSMART INC/PETSMART FI                                                         | PetSmart Inc / PetSmart Finance Corp                                                                                   | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $470863.63    | 0.12%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SEC LENDING CASH INVST LLC                                                       | SEC LENDING CASH INVST LLC                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |   6738147 | NS      | $6738146.72   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                                                       | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1015182.00   | 0.26%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                                                               | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |    370000 | PA      | $321456.00    | 0.08%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                          | Sensata Technologies BV                                                                                                | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    580000 | PA      | $549680.71    | 0.14%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH CHRT SCH LEASE REVENUE                                                                      | CUSIP: 13057HAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1123562.37   | 0.28%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LG Chem Ltd                                                                      | LG Chem Ltd                                                                                                            | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EP               | CORP              | KR        |       780 | NS      | $172092.90    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Aviation Ltd                                                                 | BOC Aviation Ltd                                                                                                       | CUSIP: 000000000<br>LEI: 254900H06V5RMEB3KE72 | Long             | EC               | CORP              | SG        |     11900 | NS      | $99326.11     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Horizon Therapeutics Plc                                                         | Horizon Therapeutics Plc                                                                                               | CUSIP: 000000000<br>LEI: 529900P0GSQ79OOZEV53 | Long             | EC               | CORP              | IE        |      4407 | NS      | $501516.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagen Inc                                                                       | Seagen Inc                                                                                                             | CUSIP: 81181C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1574 | NS      | $202274.74    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Semiconductor Corp                                        | Vanguard International Semiconductor Corp                                                                              | CUSIP: 000000000<br>LEI: 2549001S5Q158BIJJO13 | Long             | EC               | CORP              | TW        |     25000 | NS      | $63037.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc                                                        | ZoomInfo Technologies Inc                                                                                              | CUSIP: 98980F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14862 | NS      | $447494.82    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      4723 | NS      | $853257.18    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                                                               | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    800000 | PA      | $765539.78    | 0.19%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                                                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      4276 | NS      | $719052.16    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Experts Issuer                                                           | Service Experts Issuer 2021-1 LLC                                                                                      | CUSIP: 81758VAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2561401.20   | 0.64%             | 2032-02-02      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD / LTEE                                                             | Videotron Ltd                                                                                                          | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   1155000 | PA      | $1090932.15   | 0.27%             | 2027-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                                                          | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    650000 | PA      | $530016.50    | 0.13%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings Inc                                                              | PayPal Holdings Inc                                                                                                    | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      6015 | NS      | $428388.30    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                                            | Directv Financing LLC / Directv Financing Co-Obligor Inc                                                               | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1010000 | PA      | $903606.60    | 0.23%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                                                                  | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    475000 | PA      | $449180.30    | 0.11%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                                                     | Alphabet Inc                                                                                                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     36407 | NS      | $3212189.61   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Cork & Seal Co Inc                                                         | Crown Cork & Seal Co Inc                                                                                               | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |    740000 | PA      | $761837.40    | 0.19%             | 2026-12-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Estee Lauder Cos Inc/The                                                         | Estee Lauder Cos Inc/The                                                                                               | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |       451 | NS      | $111897.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Industries Qatar QSC                                                             | Industries Qatar QSC                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | QA        |     14023 | NS      | $49497.67     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                                                            | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    215000 | PA      | $180868.75    | 0.05%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc                                                         | Microchip Technology Inc                                                                                               | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     19911 | NS      | $1398747.75   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                                                           | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    785000 | PA      | $680045.50    | 0.17%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                                                            | CUSIP: 780153BR2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    585000 | PA      | $601146.00    | 0.15%             | 2029-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                                                                  | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1376582.90   | 0.35%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                                                      | Avient Corp                                                                                                            | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    260000 | PA      | $254158.30    | 0.06%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                                                          | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    680000 | PA      | $642600.00    | 0.16%             | 2027-08-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      8375 | NS      | $1739990.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                         | Fortress Transportation and Infrastructure Investors LLC                                                               | CUSIP: 34960PAC5<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350875.01    | 0.09%             | 2027-08-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Resolute Investment Managers, Inc.                                               | Resolute Investment Managers, Inc. 2020 Term Loan C                                                                    | CUSIP: 04635WAH7<br>LEI: 5493000DRVCSZDWGPC49 | Long             | LON              | CORP              | US        |    293666 | PA      | $234932.90    | 0.06%             | 2024-04-30      | Floating      | 8.98%                 | No            |                  3 | On Loan: No      |
| PRA GROUP INC                                                                    | PRA Group Inc                                                                                                          | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1208625.00   | 0.30%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Telkom Indonesia Persero Tbk PT                                                  | Telkom Indonesia Persero Tbk PT                                                                                        | CUSIP: 000000000<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |   2898281 | NS      | $698156.66    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                                                             | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1007 | NS      | $147575.85    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                         | United Wholesale Mortgage LLC                                                                                          | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    265000 | PA      | $210802.25    | 0.05%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                                                                 | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     23469 | NS      | $1085910.63   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc                                                    | Papa John's International Inc                                                                                          | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |      4649 | NS      | $382659.19    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co                                                        | Archer-Daniels-Midland Co                                                                                              | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      3870 | NS      | $359329.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencosud SA                                                                      | Cencosud SA                                                                                                            | CUSIP: 000000000<br>LEI: 549300NLTGCFV7482429 | Long             | EC               | CORP              | CL        |     53709 | NS      | $88327.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                                                              | Elevance Health Inc                                                                                                    | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       927 | NS      | $475523.19    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CHART INDUSTRIES INC                                                             | Chart Industries Inc                                                                                                   | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    190000 | PA      | $194865.90    | 0.05%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CBRE Group Inc                                                                   | CBRE Group Inc                                                                                                         | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      4167 | NS      | $320692.32    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc                                                      | Raymond James Financial Inc                                                                                            | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |       753 | NS      | $80458.05     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Group AG                                                           | Credit Suisse Group AG                                                                                                 | CUSIP: 22546DAB2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   2395000 | PA      | $2083650.00   | 0.52%             | 2023-12-11      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| 3i Group PLC                                                                     | 3i Group PLC                                                                                                           | CUSIP: 000000000<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |     43335 | NS      | $702809.88    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Copa Holdings SA                                                                 | Copa Holdings SA                                                                                                       | CUSIP: 000000000<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |       710 | NS      | $59050.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GIP II Blue Holding, L.P                                                         | GIP II Blue Holding, L.P Term Loan B                                                                                   | CUSIP: 31575AAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    556327 | PA      | $550646.96    | 0.14%             | 2028-09-29      | Floating      | 9.23%                 | No            |                  2 | On Loan: No      |
| PECF USS INTERMEDIATE HO                                                         | PECF USS Intermediate Holding III Corp                                                                                 | CUSIP: 69291HAA3<br>LEI: 254900DIL842DEXPYJ91 | Long             | DBT              | CORP              | US        |    515000 | PA      | $334590.35    | 0.08%             | 2029-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                                                              | Churchill Downs Inc                                                                                                    | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    570000 | PA      | $510075.90    | 0.13%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                                      | Asurion LLC 2021 2nd Lien Term Loan B3                                                                                 | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    435000 | PA      | $337486.05    | 0.08%             | 2028-01-31      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                                                      | Gap Inc/The                                                                                                            | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $833649.95    | 0.21%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MediaTek Inc                                                                     | MediaTek Inc                                                                                                           | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      5000 | NS      | $101673.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                                                         | Itau Unibanco Holding SA                                                                                               | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |     18100 | NS      | $85724.36     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                                                                    | CUSIP: 48128BAG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $881250.00    | 0.22%             | 2025-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                                            | Scripps Escrow II Inc                                                                                                  | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1322489.82   | 0.33%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Werner FinCo LP                                                                  | Werner FinCo LP 2017 Term Loan                                                                                         | CUSIP: 95075EAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    602287 | PA      | $540052.51    | 0.14%             | 2024-07-24      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                    | TransDigm Inc                                                                                                          | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    145000 | PA      | $142997.55    | 0.04%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                                                | Newell Brands Inc                                                                                                      | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    490000 | PA      | $460989.68    | 0.12%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                    | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $762874.51    | 0.19%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NSG HOLDINGS LLC/NSG HLD                                                         | NSG Holdings LLC / NSG Holdings Inc                                                                                    | CUSIP: 62940QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1173238 | PA      | $1135107.54   | 0.29%             | 2025-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                          | Starwood Property Trust Inc                                                                                            | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    930000 | PA      | $813820.16    | 0.20%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | Lamar Media Corp                                                                                                       | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $402040.00    | 0.10%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                         | United Wholesale Mortgage LLC                                                                                          | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    795000 | PA      | $715992.80    | 0.18%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                            | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $779821.70    | 0.20%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | RUSSELL 2000 INDEX                                                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -1 | NC      | $-495.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | Venture Global Calcasieu Pass LLC                                                                                      | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    110000 | PA      | $89859.00     | 0.02%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                                                         | Connect Finco SARL / Connect US Finco LLC                                                                              | CUSIP: 20752TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    795000 | PA      | $736773.82    | 0.19%             | 2026-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd                                                          | ENN Energy Holdings Ltd                                                                                                | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | KY        |      8400 | NS      | $117948.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                                                               | CUSIP: 62886EAV0<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187011.00    | 0.05%             | 2029-09-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     25824 | NS      | $6193111.68   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                                                     | Wal-Mart de Mexico SAB de CV                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     38300 | NS      | $135381.11    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                                                                     | Insulet Corp                                                                                                           | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      1261 | NS      | $371225.79    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB International Ltd                                                            | HUB International Ltd                                                                                                  | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    280000 | PA      | $274117.20    | 0.07%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EMERGING MARKETS                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -993 | NC      | $-0.10        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| New York State Energy Research & Development Authority                           | NEW YORK ST ENERGY RESEARCH & DEV AUTH                                                                                 | CUSIP: 64986PAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $370263.94    | 0.09%             | 2034-04-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                  | CUSIP: 167505KG0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1176477.16   | 0.30%             | 2029-12-01      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | Cinemark USA Inc                                                                                                       | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166591.40    | 0.04%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                                                                              | CUSIP: 14054CBW8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    105000 | PA      | $104067.17    | 0.03%             | 2023-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LIC Housing Finance Ltd                                                          | LIC Housing Finance Ltd                                                                                                | CUSIP: 000000000<br>LEI: 335800NFSMJ2ZKBCYP06 | Long             | EC               | CORP              | IN        |     32948 | NS      | $164939.13    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | RUSSELL 2000 INDEX                                                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -5 | NC      | $-4.07        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Penumbra Inc                                                                     | Penumbra Inc                                                                                                           | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |       397 | NS      | $88316.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                                                          | CUSIP: 538034AN9<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    545000 | PA      | $515400.25    | 0.13%             | 2026-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                                                               | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     90000 | PA      | $70825.50     | 0.02%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Veeva Systems Inc                                                                | Veeva Systems Inc                                                                                                      | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      2240 | NS      | $361491.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                                                                   | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    350000 | PA      | $313090.92    | 0.08%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                    | Intercontinental Exchange Inc                                                                                          | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      2342 | NS      | $240265.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Center Holdings, Inc.                                                    | Surgery Center Holdings, Inc. 2021 Term Loan                                                                           | CUSIP: 86880NAX1<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |    490884 | PA      | $484080.59    | 0.12%             | 2026-08-31      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                    | CoreCivic Inc                                                                                                          | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |   2210000 | PA      | $2266355.00   | 0.57%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| EDP - Energias do Brasil SA                                                      | EDP - Energias do Brasil SA                                                                                            | CUSIP: 000000000<br>LEI: 529900MT3VH5D7T9FR43 | Long             | EC               | CORP              | BR        |    157116 | NS      | $620150.92    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| PureWest Funding LLC                                                             | Purewest Funding LLC                                                                                                   | CUSIP: 746245AA7<br>LEI: 549300CU0IQI7FATI376 | Long             | ABS-O            | CORP              | US        |    672688 | PA      | $637776.95    | 0.16%             | 2036-12-22      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                                                           | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       938 | NS      | $229331.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cologix Data Centers Issuer LLC                                                  | Cologix Data Centers US Issuer LLC                                                                                     | CUSIP: 19521UAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2400000 | PA      | $2015884.80   | 0.51%             | 2051-12-26      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| Petronas Chemicals Group Bhd                                                     | Petronas Chemicals Group Bhd                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     30400 | NS      | $59350.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                                                               | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      1254 | NS      | $290614.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                                                      | Trimble Inc                                                                                                            | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      2501 | NS      | $126450.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | Vistra Operations Co LLC                                                                                               | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    740000 | PA      | $637596.51    | 0.16%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                                                      | NVIDIA Corp                                                                                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      5650 | NS      | $825691.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ENVIVA PARTNERS LP/FIN C                                                         | Enviva Partners LP / Enviva Partners Finance Corp                                                                      | CUSIP: 29413XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3005000 | PA      | $2830229.20   | 0.71%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                                                              | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1989000.00   | 0.50%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                                               | Ellington Financial Mortgage Trust 2022-1                                                                              | CUSIP: 31573CAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1047033.40   | 0.26%             | 2067-01-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                           | US 10YR NOTE (CBT)MAR23                                                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       382 | NC      | $-177924.29   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| CABLEVISION LIGHTPATH                                                            | Cablevision Lightpath LLC                                                                                              | CUSIP: 12687GAA7<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    550000 | PA      | $453278.96    | 0.11%             | 2027-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Infosys Ltd                                                                      | Infosys Ltd                                                                                                            | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     12001 | NS      | $216138.01    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                                                                     | Navient Corp                                                                                                           | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    675000 | PA      | $480860.15    | 0.12%             | 2033-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AXA SA                                                                           | AXA SA                                                                                                                 | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |     32445 | NS      | $904909.27    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive India Ltd                                                      | Colgate-Palmolive India Ltd                                                                                            | CUSIP: 000000000<br>LEI: 335800YWKI47DGFKWB26 | Long             | EC               | CORP              | IN        |      7320 | NS      | $135932.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                                                          | GSK PLC                                                                                                                | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     36932 | NS      | $641873.23    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| OPPENHEIMER HOLDINGS INC                                                         | Oppenheimer Holdings Inc                                                                                               | CUSIP: 683797AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1184625.00   | 0.30%             | 2025-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                                               | Enact Holdings Inc                                                                                                     | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1990000 | PA      | $1952906.40   | 0.49%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | RUSSELL 2000 INDEX                                                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -17 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                         | Rockies Express Pipeline LLC                                                                                           | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    575000 | PA      | $482761.93    | 0.12%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                                                     | Alphabet Inc                                                                                                           | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3220 | NS      | $285710.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| China Yongda Automobiles Services Holdings Ltd                                   | China Yongda Automobiles Services Holdings Ltd                                                                         | CUSIP: 000000000<br>LEI: 529900G4APWIO18G0C95 | Long             | EC               | CORP              | KY        |     87000 | NS      | $64647.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SITC International Holdings Co Ltd                                               | SITC International Holdings Co Ltd                                                                                     | CUSIP: 000000000<br>LEI: 529900JUV4MOM9CE3V12 | Long             | EC               | CORP              | KY        |    269000 | NS      | $598279.41    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Absa Group Ltd                                                                   | Absa Group Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |     10647 | NS      | $121500.97    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRE GLBL INC                                                                   | Sabre GLBL Inc                                                                                                         | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   2410000 | PA      | $2400666.00   | 0.60%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                                                                  | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1530000 | PA      | $733879.80    | 0.18%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                                                                | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       188 | NS      | $158677.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                                                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      6585 | NS      | $613656.15    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Grid Corp of India Ltd                                                     | Power Grid Corp of India Ltd                                                                                           | CUSIP: 000000000<br>LEI: 3358009SHWZ3DZEQ4Z56 | Long             | EC               | CORP              | IN        |     42379 | NS      | $109469.27    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                                           | Southwestern Energy Co                                                                                                 | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   1390000 | PA      | $1187880.10   | 0.30%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                                                            | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      3284 | NS      | $489447.36    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                                                            | CUSIP: 57665RAJ5<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1088100.00   | 0.27%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA                                                           | Petroleo Brasileiro SA                                                                                                 | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |      6040 | NS      | $56111.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WERNER FINCO LP/INC                                                              | Werner FinCo LP / Werner FinCo Inc                                                                                     | CUSIP: 95076PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    945000 | PA      | $633150.00    | 0.16%             | 2025-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| KB Financial Group Inc                                                           | KB Financial Group Inc                                                                                                 | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     17311 | NS      | $663229.79    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                                                               | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    520000 | PA      | $472717.19    | 0.12%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY GROUP                                                             | Ryan Specialty Group LLC                                                                                               | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    810000 | PA      | $701375.68    | 0.18%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                                                                   | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    970000 | PA      | $916835.19    | 0.23%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MongoDB Inc                                                                      | MongoDB Inc                                                                                                            | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1724 | NS      | $339352.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | Seagate HDD Cayman                                                                                                     | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    419200 | PA      | $459778.56    | 0.12%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                                    | FirstCash Inc                                                                                                          | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    405000 | PA      | $355574.10    | 0.09%             | 2028-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| China Oilfield Services Ltd                                                      | China Oilfield Services Ltd                                                                                            | CUSIP: 000000000<br>LEI: 529900J4X53VL8QQW675 | Long             | EC               | CORP              | CN        |     74800 | NS      | $90943.12     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Port of Beaumont Industrial Development Authority                                | PORT BEAUMONT TX INDL DEV AUTH                                                                                         | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $569266.81    | 0.14%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                                              | AssuredPartners Inc                                                                                                    | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |    775000 | PA      | $637851.69    | 0.16%             | 2029-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Airbnb Inc                                                                       | Airbnb Inc                                                                                                             | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      2828 | NS      | $241794.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Doosan Bobcat Inc                                                                | Doosan Bobcat Inc                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2960 | NS      | $80989.31     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                         | USA Compression Partners LP / USA Compression Finance Corp                                                             | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $70125.02     | 0.02%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                                                       | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $723475.75    | 0.18%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | SPDR EURO STOXX 50 ETF                                                                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -91 | NC      | $-1365.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                                                         | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    655000 | PA      | $638625.00    | 0.16%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bank Mandiri Persero Tbk PT                                                      | Bank Mandiri Persero Tbk PT                                                                                            | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |     84900 | NS      | $54127.67     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's, Inc.                                                            | Dave & Buster's, Inc. 2022 Term Loan B                                                                                 | CUSIP: 23833EAV6<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    349125 | PA      | $347162.92    | 0.09%             | 2029-06-29      | Variable      | 9.44%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                                         | MPH Acquisition Holdings LLC                                                                                           | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |   1405000 | PA      | $934342.16    | 0.23%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Chicago Mercantile Exchange                                                      | XAP CONS STAPLES MAR23                                                                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       199 | NC      | $-229795.25   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Minerva SA/Brazil                                                                | Minerva SA/Brazil                                                                                                      | CUSIP: 000000000<br>LEI: 391200UHL6YHY0OA1P30 | Long             | EC               | CORP              | BR        |     25124 | NS      | $61659.14     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                    | TransDigm Inc                                                                                                          | CUSIP: 893647BB2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    375000 | PA      | $364858.04    | 0.09%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Ganfeng Lithium Group Co Ltd                                                     | Ganfeng Lithium Group Co Ltd                                                                                           | CUSIP: 000000000<br>LEI: 3003006BE6UOHWEOOR42 | Long             | EC               | CORP              | CN        |      8120 | NS      | $60649.42     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                                                                               | CUSIP: 67884XCP0<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    500000 | PA      | $401173.90    | 0.10%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EAFE ETF                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1047 | NC      | $-0.10        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CAMELOT RETURN MERGER SU                                                         | Camelot Return Merger Sub Inc                                                                                          | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $440462.40    | 0.11%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BB Seguridade Participacoes SA                                                   | BB Seguridade Participacoes SA                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    133703 | NS      | $851249.01    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Telecom Co Ltd                                                                | SK Telecom Co Ltd                                                                                                      | CUSIP: 000000000<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |     16079 | NS      | $603185.17    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                          | Grand Canyon University                                                                                                | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $940790.00    | 0.24%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| Alinma Bank                                                                      | Alinma Bank                                                                                                            | CUSIP: 000000000<br>LEI: 558600HPAUTN6XSVBK93 | Long             | EC               | CORP              | SA        |     15145 | NS      | $131141.76    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HAWAIIAN AIRLINES 13-1A                                                          | Hawaiian Airlines 2013-1 Class A Pass Through Certificates                                                             | CUSIP: 419838AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    457690 | PA      | $391558.44    | 0.10%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Hana Financial Group Inc                                                         | Hana Financial Group Inc                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3671 | NS      | $122241.04    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                                                                  | 180 Medical Inc                                                                                                        | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    780000 | PA      | $670566.00    | 0.17%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| County of Knox IN                                                                | KNOX CNTY IN ECON DEV REVENUE                                                                                          | CUSIP: 499396AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $448042.32    | 0.11%             | 2034-04-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                                                               | Gray Escrow II Inc                                                                                                     | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2975000 | PA      | $2143933.75   | 0.54%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                                                              | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |      5208 | NS      | $74529.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of the Philippine Islands                                                   | Bank of the Philippine Islands                                                                                         | CUSIP: 000000000<br>LEI: 549300UW4UH6XT2X8C50 | Long             | EC               | CORP              | PH        |     33620 | NS      | $61669.71     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Geo Group, Inc. (The)                                                            | Geo Group, Inc. (The) 2022 Tranche 1 Term Loan                                                                         | CUSIP: 37252KAR3<br>LEI: 54930024XOXET7NQVZ63 | Long             | LON              | CORP              | US        |   1973777 | PA      | $1972553.14   | 0.50%             | 2027-03-23      | Variable      | 11.45%                | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd                                                                 | Lenovo Group Ltd                                                                                                       | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | HK        |     66000 | NS      | $54200.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                              | Buckeye Partners LP                                                                                                    | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    475000 | PA      | $417522.99    | 0.10%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | S+P 500 INDEX                                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -32 | NC      | $-0.02        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                       | State Street Institutional US Government Money Market Fund                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   5869430 | NS      | $5869430.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CTBC Financial Holding Co Ltd                                                    | CTBC Financial Holding Co Ltd                                                                                          | CUSIP: 000000000<br>LEI: 549300IWDYIFW6JXM387 | Long             | EC               | CORP              | TW        |    169000 | NS      | $121517.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                                                                   | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1270396.23   | 0.32%             | 2027-01-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                                               | Grupo Financiero Banorte SAB de CV                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      7700 | NS      | $55415.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                                                          | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    730000 | PA      | $622016.58    | 0.16%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                                                               | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              |  | US        |    435000 | PA      | $319644.84    | 0.08%             | 2030-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                                                         | Northriver Midstream Finance LP                                                                                        | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |    880000 | PA      | $833428.94    | 0.21%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                                                | EURO STOXX 50 MAR23                                                                                                    | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |      -360 | NC      | $540705.02    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Qatar National Bank QPSC                                                         | Qatar National Bank QPSC                                                                                               | CUSIP: 000000000<br>LEI: 549300FFSRVBS0SQXY75 | Long             | EC               | CORP              | QA        |     18231 | NS      | $90368.05     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm Group Inc                                                              | TransDigm Group Inc                                                                                                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       110 | NS      | $69261.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                                                                    | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1858034.82   | 0.47%             | 2025-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Intelsat Jackson Holdings S.A.                                                   | Intelsat Jackson Holdings S.A. 2021 Exit Term Loan B                                                                   | CUSIP: 000000000<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | LON              | CORP              | LU        |   1274450 | PA      | $1228021.93   | 0.31%             | 2029-02-01      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| Baoshan Iron & Steel Co Ltd                                                      | Baoshan Iron & Steel Co Ltd                                                                                            | CUSIP: 000000000<br>LEI: 300300PYAP4PEHORZT21 | Long             | EC               | CORP              | CN        |    102900 | NS      | $82743.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Property Trust Inc                                                      | Starwood Property Trust Inc                                                                                            | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               |  | US        |     22797 | NS      | $417869.01    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op                                        | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $459939.24    | 0.12%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ORIX Corp                                                                        | ORIX Corp                                                                                                              | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |     44200 | NS      | $713484.46    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                                                           | Intuitive Surgical Inc                                                                                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2174 | NS      | $576870.90    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTAJET MALTA/XO MGMT                                                           | VistaJet Malta Finance PLC / XO Management Holding Inc                                                                 | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    880000 | PA      | $705606.00    | 0.18%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                          | Starwood Property Trust Inc                                                                                            | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   1260000 | PA      | $1202354.43   | 0.30%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRISTOW GROUP INC                                                                | Bristow Group Inc                                                                                                      | CUSIP: 11040GAA1<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1932703.14   | 0.49%             | 2028-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                                                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      5401 | NS      | $1878089.73   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                                                               | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     44329 | NS      | $816096.89    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| United Electronics Co                                                            | United Electronics Co                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |      2485 | NS      | $45834.57     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NARI Technology Co Ltd                                                           | NARI Technology Co Ltd                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     18288 | NS      | $64189.65     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                                                     | Broadcom Inc                                                                                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1410 | NS      | $788373.30    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                                         | Archrock Partners LP / Archrock Partners Finance Corp                                                                  | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    945000 | PA      | $902157.72    | 0.23%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                                                                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     22784 | NS      | $754606.08    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH RETI                                                           | CUSIP: 54628DAM2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    745000 | PA      | $698508.95    | 0.18%             | 2029-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                                                           | CUSIP: 06738EBA2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2160000 | PA      | $2108808.00   | 0.53%             | 2023-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SSE PLC                                                                          | SSE PLC                                                                                                                | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |     26677 | NS      | $552139.89    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayerische Motoren Werke AG                                                      | Bayerische Motoren Werke AG                                                                                            | CUSIP: 000000000<br>LEI: YEH5ZCD6E441RHVHD759 | Long             | EC               | CORP              | DE        |      7424 | NS      | $662622.28    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | Seagate HDD Cayman                                                                                                     | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    296000 | PA      | $231047.46    | 0.06%             | 2031-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                                         | Archrock Partners LP / Archrock Partners Finance Corp                                                                  | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $173852.29    | 0.04%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Stellantis NV                                                                    | Stellantis NV                                                                                                          | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | EC               | CORP              | NL        |     36257 | NS      | $514792.92    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                                                        | Tesla Inc                                                                                                              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      1849 | NS      | $227759.82    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP                                                          | Pediatrix Medical Group Inc                                                                                            | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    640000 | PA      | $556140.15    | 0.14%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| City of Chicago IL                                                               | CHICAGO IL COPS TAX INCR ALLOCATION REVENUE                                                                            | CUSIP: 16752QAU2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1447000 | PA      | $1447781.24   | 0.36%             | 2028-04-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                                                      | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    925000 | PA      | $760294.50    | 0.19%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                                                            | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1055000 | PA      | $1059462.65   | 0.27%             | 2027-08-15      | Fixed         | 11.63%                | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                                                               | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1879005.88   | 0.47%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                            | CUSIP: 13058TJN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $535946.39    | 0.13%             | 2025-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                                         | American Airlines Inc/AAdvantage Loyalty IP Ltd                                                                        | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    815000 | PA      | $744874.01    | 0.19%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                                                           | CUSIP: 29336UAC1<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $969100.84    | 0.24%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Honda Motor Co Ltd                                                               | Honda Motor Co Ltd                                                                                                     | CUSIP: 000000000<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |     26500 | NS      | $612221.88    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Russell Investments US Inst'l Holdco, Inc.                                       | Russell Investments US Inst'l Holdco, Inc. 2020 Term Loan                                                              | CUSIP: 78249LAD2<br>LEI: 5493008YG7V0FQCJQI74 | Long             | LON              | CORP              | US        |   1090771 | PA      | $1046321.85   | 0.26%             | 2025-05-30      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Thoughtworks Holding Inc                                                         | Thoughtworks Holding Inc                                                                                               | CUSIP: 88546E105<br>LEI: 984500E705D15F2DF680 | Long             | EC               | CORP              | US        |     27630 | NS      | $281549.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Automotive Reit                                                          | CARS-DB4 LP                                                                                                            | CUSIP: 12510HAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496146 | PA      | $406490.66    | 0.10%             | 2050-02-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                                         | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                                                       | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    315000 | PA      | $316615.95    | 0.08%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Charlotte County Industrial Development Authority/FL                             | CHARLOTTE CNTY FL INDL DEV AUTH UTILITY SYS REVENUE                                                                    | CUSIP: 16080TAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1066010.38   | 0.27%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JD.com Inc                                                                       | JD.com Inc                                                                                                             | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |     20000 | NS      | $564221.15    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                                                              | Arista Networks Inc                                                                                                    | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      2767 | NS      | $335775.45    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Claros Mortgage Trust, Inc.                                                      | Claros Mortgage Trust, Inc. 2021 Term Loan B                                                                           | CUSIP: 18269PAC6<br>LEI: 549300Z9LU2CZ3K30C16 | Long             | LON              | CORP              | US        |    405900 | PA      | $400318.84    | 0.10%             | 2026-08-09      | Floating      | 8.92%                 | No            |                  3 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                                                          | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    245000 | PA      | $183735.72    | 0.05%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                                               | CommScope Technologies LLC                                                                                             | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    910000 | PA      | $618073.44    | 0.16%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                     | Ecopetrol SA                                                                                                           | CUSIP: 279158109<br>LEI: 254900IDGKCJICKBPA66 | Long             | EC               | CORP              | CO        |      8429 | NS      | $88251.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                                         | NextEra Energy Operating Partners LP                                                                                   | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    113000 | PA      | $109610.11    | 0.03%             | 2024-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                 | GoodLeap Sustainable Home Solutions Trust 2022-1                                                                       | CUSIP: 38237JAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2868382 | PA      | $1846418.37   | 0.46%             | 2049-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bangkok Bank PCL                                                                 | Bangkok Bank PCL                                                                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |     41300 | NS      | $178865.31    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                                          | SBA Communications Corp                                                                                                | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |       827 | NS      | $231816.37    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Arroyo Mortgage Trust                                                            | Arroyo Mortgage Trust 2022-1                                                                                           | CUSIP: 042855AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1450000 | PA      | $1100364.55   | 0.28%             | 2056-12-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Hillenbrand Inc                                                                  | Hillenbrand Inc                                                                                                        | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     19437 | NS      | $829376.79    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahanagar Gas Ltd                                                                | Mahanagar Gas Ltd                                                                                                      | CUSIP: 000000000<br>LEI: 3358001GYZI2KS7FHN90 | Long             | EC               | CORP              | IN        |     13325 | NS      | $135013.67    | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                                                           | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1404463.50   | 0.35%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Poya International Co Ltd                                                        | Poya International Co Ltd                                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3700 | NS      | $59890.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | NASDAQ 100 STOCK INDX                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -4 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Auto Ltd                                                                   | Bajaj Auto Ltd                                                                                                         | CUSIP: 000000000<br>LEI: 335800DLAO5NCNN8G863 | Long             | EC               | CORP              | IN        |      2432 | NS      | $106300.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEMOURS CO                                                                      | Chemours Co/The                                                                                                        | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    955000 | PA      | $780712.50    | 0.20%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| Signify NV                                                                       | Signify NV                                                                                                             | CUSIP: 000000000<br>LEI: 549300072P3J1X8NZO35 | Long             | EC               | CORP              | NL        |     16216 | NS      | $544706.87    | 0.14%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Bank Negara Indonesia Persero Tbk PT                                             | Bank Negara Indonesia Persero Tbk PT                                                                                   | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | EC               | CORP              | ID        |    197050 | NS      | $116768.03    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                                                           | Blackstone Mortgage Trust Inc                                                                                          | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |    720000 | PA      | $619130.97    | 0.16%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                                                  | Murphy Oil Corp                                                                                                        | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    340000 | PA      | $327265.20    | 0.08%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Driven Brands Funding, LLC                                                       | DRIVEN BRANDS FUNDING LLC                                                                                              | CUSIP: 26208LAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    776000 | PA      | $684366.04    | 0.17%             | 2049-10-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                                             | Clear Channel Outdoor Holdings, Inc. Term Loan B                                                                       | CUSIP: 18452RAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    373072 | PA      | $339096.33    | 0.09%             | 2026-08-21      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | Navient Corp                                                                                                           | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $923560.72    | 0.23%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ServiceNow Inc                                                                   | ServiceNow Inc                                                                                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       570 | NS      | $221313.90    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                                                                       | Sysco Corp                                                                                                             | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      4445 | NS      | $339820.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                                         | Clear Channel Outdoor Holdings Inc                                                                                     | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1165000 | PA      | $855424.55    | 0.22%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Flywire Corp                                                                     | Flywire Corp                                                                                                           | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |     13640 | NS      | $333770.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                                                            | Delta Electronics Inc                                                                                                  | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |      6000 | NS      | $55928.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp                                                           | Louisiana-Pacific Corp                                                                                                 | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      9936 | NS      | $588211.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Global Inc                                                                 | Berry Global Inc                                                                                                       | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1175525.43   | 0.30%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                                                       | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $871403.18    | 0.22%             | 2031-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                                         | MPH Acquisition Holdings LLC                                                                                           | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    380000 | PA      | $296438.00    | 0.07%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                                                                  | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    445000 | PA      | $283038.61    | 0.07%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                                                            | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    160000 | PA      | $129552.15    | 0.03%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                          | Charles Schwab Corp/The                                                                                                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      7629 | NS      | $635190.54    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Inc                                                                        | IQVIA Inc                                                                                                              | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    500000 | PA      | $477424.48    | 0.12%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hubbard Radio, LLC                                                               | Hubbard Radio, LLC 2015 Term Loan B                                                                                    | CUSIP: 44344HAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    337821 | PA      | $296718.02    | 0.07%             | 2025-03-28      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                                                             | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     14788 | NS      | $757737.12    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                    | CUSIP: 13048VNB0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     65000 | PA      | $64025.07     | 0.02%             | 2023-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bio-Techne Corp                                                                  | Bio-Techne Corp                                                                                                        | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      1540 | NS      | $127635.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                                                                 | CUSIP: 225401AR9<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $650681.47    | 0.16%             | 2027-02-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc                                                          | Lululemon Athletica Inc                                                                                                | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |      1305 | NS      | $418095.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH REVENUE                                                                                          | CUSIP: 190806EU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $286957.77    | 0.07%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                                             | Aramark Services Inc                                                                                                   | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    705000 | PA      | $696335.55    | 0.18%             | 2025-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Edwards Lifesciences Corp                                                        | Edwards Lifesciences Corp                                                                                              | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      2599 | NS      | $193911.39    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                           | WESCO Distribution Inc                                                                                                 | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1118825.89   | 0.28%             | 2025-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                                              | Select Medical Corp                                                                                                    | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    750000 | PA      | $713122.50    | 0.18%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AVIATION FIN                                                          | Castlelake Aviation Finance DAC                                                                                        | CUSIP: 14856HAA6<br>LEI: 2138006F7SMD1COVC345 | Long             | DBT              | CORP              | IE        |    830000 | PA      | $722235.93    | 0.18%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                                                           | Skandinaviska Enskilda Banken AB                                                                                       | CUSIP: 000000000<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   2000000 | PA      | $1862500.00   | 0.47%             | 2025-05-13      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Tech Mahindra Ltd                                                                | Tech Mahindra Ltd                                                                                                      | CUSIP: 000000000<br>LEI: 3358005FZUZ1I25XQH69 | Long             | EC               | CORP              | IN        |      4323 | NS      | $53111.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Man Group PLC/Jersey                                                             | Man Group PLC/Jersey                                                                                                   | CUSIP: 000000000<br>LEI: 2549003YWC1DW6LALB09 | Long             | EC               | CORP              | JE        |    189660 | NS      | $489991.61    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                                                        | Argenx SE                                                                                                              | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |       200 | NS      | $75766.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                         | Fortress Transportation and Infrastructure Investors LLC                                                               | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    795000 | PA      | $678222.45    | 0.17%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                                                          | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1091083.47   | 0.27%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Crowdstrike Holdings Inc                                                         | Crowdstrike Holdings Inc                                                                                               | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      2293 | NS      | $241429.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Operations Co LLC                                                                                               | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    320000 | PA      | $303572.00    | 0.08%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | Spirit AeroSystems Inc                                                                                                 | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    230000 | PA      | $227276.80    | 0.06%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                                         | Hess Midstream Operations LP                                                                                           | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $132654.13    | 0.03%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                  | Danske Bank A/S                                                                                                        | CUSIP: 000000000<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   2300000 | PA      | $2179250.00   | 0.55%             | 2025-06-26      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                                                            | Grifols Escrow Issuer SA                                                                                               | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |   1270000 | PA      | $1096606.90   | 0.28%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                                         | Nexstar Media Inc                                                                                                      | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173000.00    | 0.04%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tisco Financial Group PCL                                                        | Tisco Financial Group PCL                                                                                              | CUSIP: 000000000<br>LEI: 529900OOUQI3OWX2WU06 | Long             | EC               | CORP              | TH        |     32300 | NS      | $92558.83     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro MicroSystems Inc                                                         | Allegro MicroSystems Inc                                                                                               | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24388 | NS      | $732127.76    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao                                                      | B3 SA - Brasil Bolsa Balcao                                                                                            | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |     28600 | NS      | $71460.59     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                                         | Nexstar Media Inc                                                                                                      | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    650000 | PA      | $596282.38    | 0.15%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                                                                    | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      1513 | NS      | $116304.31    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA                                                               | Credit Agricole SA                                                                                                     | CUSIP: 225313AD7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1750000 | PA      | $1733900.00   | 0.44%             | 2024-01-23      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DaVita Inc                                                                                                             | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    560000 | PA      | $450478.95    | 0.11%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Sompo Holdings Inc                                                               | Sompo Holdings Inc                                                                                                     | CUSIP: 000000000<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |     14200 | NS      | $634044.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                                                                     | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   3000000 | PA      | $2725471.45   | 0.69%             | 2026-01-14      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LPL Financial Holdings Inc                                                       | LPL Financial Holdings Inc                                                                                             | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |      3822 | NS      | $826201.74    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                                                                | Devon Energy Corp                                                                                                      | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     16130 | NS      | $992156.30    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | NASDAQ 100 STOCK INDX                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -5 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi                                                                           | Sanofi                                                                                                                 | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      5153 | NS      | $495559.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                                                                     | Capgemini SE                                                                                                           | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |      3566 | NS      | $595295.91    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | RUSSELL 2000 INDEX                                                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -25 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                                                           | Palo Alto Networks Inc                                                                                                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      1908 | NS      | $266242.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT Midstream Inc                                                                                                       | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1002485.50   | 0.25%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LSF9 Atlantis Holdings, LLC                                                      | LSF9 Atlantis Holdings, LLC 2022 Term Loan B                                                                           | CUSIP: 000000000<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | LON              | CORP              | US        |    300000 | PA      | $290850.00    | 0.07%             | 2029-03-31      | Variable      | 11.83%                | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                                                         | Allison Transmission Inc                                                                                               | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    565000 | PA      | $530591.50    | 0.13%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                                                 | Arches Buyer Inc                                                                                                       | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    420000 | PA      | $328482.58    | 0.08%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                                                       | Samsung Electronics Co Ltd                                                                                             | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |       383 | NS      | $423215.00    | 0.11%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Toledo Hospital/The                                                              | Toledo Hospital/The                                                                                                    | CUSIP: 889184AE7<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $703700.00    | 0.18%             | 2048-11-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                         | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp                                                     | CUSIP: 226373AP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24320.00     | 0.01%             | 2025-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JB Hunt Transport Services Inc                                                   | JB Hunt Transport Services Inc                                                                                         | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      1318 | NS      | $229806.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SALEM MEDIA GROUP INC.                                                           | Salem Media Group Inc                                                                                                  | CUSIP: 794093AG9<br>LEI: 549300CTHBTS2MIXZL54 | Long             | DBT              | CORP              | US        |    180000 | PA      | $174598.88    | 0.04%             | 2024-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                                                   | ALLSPRING GOVERNMENT MONEY MAR                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   6621213 | NS      | $6621213.24   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                                                         | Simon Property Group Inc                                                                                               | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |      6581 | NS      | $773135.88    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMWINS GROUP INC                                                                 | AmWINS Group Inc                                                                                                       | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    660000 | PA      | $559776.85    | 0.14%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| China Vanke Co Ltd                                                               | China Vanke Co Ltd                                                                                                     | CUSIP: 000000000<br>LEI: 529900E66UJ2DWY7KW55 | Long             | EC               | CORP              | CN        |     44700 | NS      | $90482.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Open Text Corp                                                                   | Open Text Corp                                                                                                         | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |     19271 | NS      | $571013.68    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                                                                  | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    400000 | PA      | $292896.41    | 0.07%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Cia Brasileira de Aluminio                                                       | Cia Brasileira de Aluminio                                                                                             | CUSIP: 000000000<br>LEI: 5493001QYTIDILBVYO18 | Long             | EC               | CORP              | BR        |     28500 | NS      | $61452.09     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                                                                  | CUSIP: 501797AU8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    410000 | PA      | $436725.86    | 0.11%             | 2025-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Barratt Developments PLC                                                         | Barratt Developments PLC                                                                                               | CUSIP: 000000000<br>LEI: 2138006R85VEOF5YNK29 | Long             | EC               | CORP              | GB        |    106947 | NS      | $513036.96    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA                                            | Sociedad Quimica y Minera de Chile SA                                                                                  | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |       619 | NS      | $49420.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aqua Finance Trust                                                               | Aqua Finance Trust 2019-A                                                                                              | CUSIP: 038370AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     82768 | PA      | $77928.73     | 0.02%             | 2040-07-16      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                        | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE                                                                     | CUSIP: 34073TKY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $834210.76    | 0.21%             | 2027-06-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| AP Moller - Maersk A/S                                                           | AP Moller - Maersk A/S                                                                                                 | CUSIP: 000000000<br>LEI: 549300D2K6PKKKXVNN73 | Long             | EC               | CORP              | DK        |       182 | NS      | $409230.15    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Country Garden Services Holdings Co Ltd                                          | Country Garden Services Holdings Co Ltd                                                                                | CUSIP: 000000000<br>LEI: 549300P2JRKENZSEBB42 | Long             | EC               | CORP              | KY        |     39000 | NS      | $97132.13     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc                                                    | Live Nation Entertainment Inc                                                                                          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      1607 | NS      | $112072.18    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                                                          | Six Flags Entertainment Corp                                                                                           | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    285000 | PA      | $256685.25    | 0.06%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| TK ELEVATOR US NEWCO INC                                                         | TK Elevator US Newco Inc                                                                                               | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1211492.10   | 0.30%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | Cinemark USA Inc                                                                                                       | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $801997.20    | 0.20%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                                                                    | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    425000 | PA      | $316658.35    | 0.08%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NMEF Funding LLC                                                                 | NMEF Funding 2022-A LLC                                                                                                | CUSIP: 62920KAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2660934.00   | 0.67%             | 2028-10-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | RUSSELL 2000 INDEX                                                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -18 | NC      | $-36.40       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Yonkers Economic Development Corp                                                | YONKERS NY ECON DEV CORP EDUCTNL REVENUE                                                                               | CUSIP: 98608MAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $529984.49    | 0.13%             | 2024-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | Spirit AeroSystems Inc                                                                                                 | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1215868.50   | 0.31%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                                         | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                                                       | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1040000 | PA      | $1043348.80   | 0.26%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fortescue Metals Group Ltd                                                       | Fortescue Metals Group Ltd                                                                                             | CUSIP: 000000000<br>LEI: 529900VEJFORCO6I4826 | Long             | EC               | CORP              | AU        |     30230 | NS      | $422138.86    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Realtek Semiconductor Corp                                                       | Realtek Semiconductor Corp                                                                                             | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |     10000 | NS      | $91425.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                                                                  | Ulta Beauty Inc                                                                                                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      1141 | NS      | $535208.87    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                                                             | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $130282.15    | 0.03%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Casella Waste Systems Inc                                                        | Casella Waste Systems Inc                                                                                              | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |      3693 | NS      | $292891.83    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                                                                                | CUSIP: 6460664L1<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $929867.10    | 0.23%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | Lamar Media Corp                                                                                                       | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    605000 | PA      | $555496.95    | 0.14%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Monolithic Power Systems Inc                                                     | Monolithic Power Systems Inc                                                                                           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      2438 | NS      | $862101.18    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                                                           | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      6041 | NS      | $664147.54    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                                                        | Alibaba Group Holding Ltd                                                                                              | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     32300 | NS      | $356914.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                          | Sensata Technologies BV                                                                                                | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   1645000 | PA      | $1418812.50   | 0.36%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Siemens AG                                                                       | Siemens AG                                                                                                             | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      4444 | NS      | $616707.53    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | NASDAQ 100 STOCK INDX                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -5 | NC      | $-20.79       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bidvest Group Ltd/The                                                            | Bidvest Group Ltd/The                                                                                                  | CUSIP: 000000000<br>LEI: 5299002ARE4TRMIRGM72 | Long             | EC               | CORP              | ZA        |     11210 | NS      | $141444.09    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERZBANK AG                                                                   | Commerzbank AG                                                                                                         | CUSIP: 000000000<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |   2600000 | PA      | $2581611.60   | 0.65%             | 2025-10-09      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                         | USA Compression Partners LP / USA Compression Finance Corp                                                             | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $695485.25    | 0.17%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Five Below Inc                                                                   | Five Below Inc                                                                                                         | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      2945 | NS      | $520882.15    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| City of Coralville IA                                                            | CORALVILLE IA                                                                                                          | CUSIP: 218080FS3<br>LEI: 549300UKC7MMW46X6P25 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1114687.44   | 0.28%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                                              | Starwood Mortgage Residential Trust 2021-6                                                                             | CUSIP: 85573RAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $1943917.20   | 0.49%             | 2066-11-25      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| KLA Corp                                                                         | KLA Corp                                                                                                               | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1777 | NS      | $669982.31    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                                                       | Copart Inc                                                                                                             | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     18410 | NS      | $1120984.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                                                                   | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    650000 | PA      | $526376.50    | 0.13%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                                                            | Cablevision Lightpath LLC                                                                                              | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    375000 | PA      | $278597.69    | 0.07%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                                                    | PURCHASED USD / SOLD EUR                                                                                               | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-150894.92   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Denver Health & Hospital Authority                                               | DENVER CO HLTH & HOSP AUTH HLTHCARE REVENUE                                                                            | CUSIP: 24918EDM9<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    445000 | PA      | $430844.55    | 0.11%             | 2026-12-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Advantech Co Ltd                                                                 | Advantech Co Ltd                                                                                                       | CUSIP: 000000000<br>LEI: 2549002OSTKE9HB9IY03 | Long             | EC               | CORP              | TW        |      9300 | NS      | $100154.54    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ABPCI Direct Lending Fund ABS Ltd                                                | ABPCI Direct Lending Fund ABS II LLC                                                                                   | CUSIP: 00090NAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2448402.90   | 0.62%             | 2032-03-01      | Fixed         | 8.24%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                      | S+P500 EMINI FUT MAR23                                                                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        29 | NC      | $-59781.42    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Petco Health & Wellness Co Inc                                                   | Petco Health & Wellness Co Inc                                                                                         | CUSIP: 71601V105<br>LEI: 2549007TYGV6RVSE9M61 | Long             | EC               | CORP              | US        |     18668 | NS      | $176972.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                                                                    | CUSIP: 83368JFA3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3535000 | PA      | $3539418.75   | 0.89%             | 2025-09-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fortive Corp                                                                     | Fortive Corp                                                                                                           | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |      4346 | NS      | $279230.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chow Tai Fook Jewellery Group Ltd                                                | Chow Tai Fook Jewellery Group Ltd                                                                                      | CUSIP: 000000000<br>LEI: 254900VXRL7SRSF44G79 | Long             | EC               | CORP              | KY        |     52400 | NS      | $106875.07    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jamf Holding Corp                                                                | Jamf Holding Corp                                                                                                      | CUSIP: 47074L105<br>LEI: 254900IHLXZU4Z5ANA12 | Long             | EC               | CORP              | US        |      3886 | NS      | $82771.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CCM MERGER INC                                                                   | CCM Merger Inc                                                                                                         | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2426474.00   | 0.61%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     34630 | NS      | $4499475.90   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Baroda                                                                   | Bank of Baroda                                                                                                         | CUSIP: 000000000<br>LEI: 549300CQ6M9Q0TJEZR23 | Long             | EC               | CORP              | IN        |     90849 | NS      | $203924.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RENT-A-CENTER INC                                                                | Rent-A-Center Inc/TX                                                                                                   | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1088035.48   | 0.27%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Mileage Plus Holdings LLC                                                        | Mileage Plus Holdings LLC 2020 Term Loan B                                                                             | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1372500 | PA      | $1409900.63   | 0.35%             | 2027-06-21      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Sprout Social Inc                                                                | Sprout Social Inc                                                                                                      | CUSIP: 85209W109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       924 | NS      | $52169.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                            | HUB International Ltd                                                                                                  | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    325000 | PA      | $283849.29    | 0.07%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| GCAT                                                                             | GCAT 2021-NQM6 Trust                                                                                                   | CUSIP: 36167KAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1289773.20   | 0.32%             | 2066-08-25      | Variable      | 3.41%                 | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                                        | Taiwan Semiconductor Manufacturing Co Ltd                                                                              | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     51800 | NS      | $755878.38    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Equipment Finance Trust                                                     | Dell Equipment Finance Trust 2022-2                                                                                    | CUSIP: 24702CAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $581332.44    | 0.15%             | 2028-01-24      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| LSF9 ATL HLDG/VICTRA FIN                                                         | LSF9 Atlantis Holdings LLC / Victra Finance Corp                                                                       | CUSIP: 50220MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    833000 | PA      | $737254.98    | 0.19%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                         | Fortress Transportation and Infrastructure Investors LLC                                                               | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1107000 | PA      | $1040805.66   | 0.26%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Saudi National Bank/The                                                          | Saudi National Bank/The                                                                                                | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |      8592 | NS      | $115644.25    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Stevens Holding Co Inc                                                           | Stevens Holding Co Inc                                                                                                 | CUSIP: 86024TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $601500.00    | 0.15%             | 2026-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Credicorp Ltd                                                                    | Credicorp Ltd                                                                                                          | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |       492 | NS      | $66744.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | NASDAQ 100 STOCK INDX                                                                                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |        -2 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                                                                  | CUSIP: 90353TAC4<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1204130.10   | 0.30%             | 2026-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Postal Savings Bank of China Co Ltd                                              | Postal Savings Bank of China Co Ltd                                                                                    | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |   1392000 | NS      | $864934.11    | 0.22%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd                                        | Taiwan Semiconductor Manufacturing Co Ltd                                                                              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      4980 | NS      | $370960.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRE GLBL INC                                                                   | Sabre GLBL Inc                                                                                                         | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    225000 | PA      | $216234.00    | 0.05%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                                 | ABN AMRO Bank NV                                                                                                       | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   3000000 | PA      | $2721553.61   | 0.68%             | 2027-09-22      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                          | MPT Operating Partnership LP / MPT Finance Corp                                                                        | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |   1620000 | PA      | $1110483.42   | 0.28%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN                                                         | Encino Acquisition Partners Holdings LLC                                                                               | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1553783.00   | 0.39%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                                           | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC                                            | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    450000 | PA      | $440525.34    | 0.11%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                                             | Oceaneering International Inc                                                                                          | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |    600000 | PA      | $552640.94    | 0.14%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                                                       | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    750000 | PA      | $565527.86    | 0.14%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                                                                   | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    355000 | PA      | $293929.35    | 0.07%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                                                | DAX INDEX FUTURE MAR23                                                                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |       -27 | NC      | $284171.47    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                                                                         | MSCI Inc                                                                                                               | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    645000 | PA      | $561817.47    | 0.14%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| China International Capital Corp Ltd                                             | China International Capital Corp Ltd                                                                                   | CUSIP: 000000000<br>LEI: 529900OS3SVVTT56QN67 | Long             | EC               | CORP              | CN        |     55600 | NS      | $106136.10    | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Options Clearing Corp.                                                           | S+P 500 INDEX                                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -15 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                                                                   | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $163580.11    | 0.04%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                                                           | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1915255.14   | 0.48%             | 2025-10-06      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd                                                | Hon Hai Precision Industry Co Ltd                                                                                      | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |     23900 | NS      | $77682.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                                                                   | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    720000 | PA      | $684633.60    | 0.17%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                             | Tencent Holdings Ltd                                                                                                   | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      9500 | NS      | $406510.84    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flexential Issuer, LLC                                                           | Flexential Issuer 2021-1                                                                                               | CUSIP: 33938MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $3456756.80   | 0.87%             | 2051-11-27      | Fixed         | 6.93%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                        | Ball Corp                                                                                                              | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    455000 | PA      | $363144.60    | 0.09%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Shoals Technologies Group Inc                                                    | Shoals Technologies Group Inc                                                                                          | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11718 | NS      | $289083.06    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust                                                     | Oxford Finance Funding 2022-1 LLC                                                                                      | CUSIP: 69145BAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4500000 | PA      | $4069863.90   | 1.02%             | 2030-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                                         | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                     | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |    600000 | PA      | $504017.54    | 0.13%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                                                 | SkyMiles IP Ltd. 2020 Skymiles Term Loan B                                                                             | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |    535000 | PA      | $544630.00    | 0.14%             | 2027-10-20      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                                                                           | CUSIP: 40064REL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $525973.84    | 0.13%             | 2043-10-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Equinix Inc                                                                      | Equinix Inc                                                                                                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |       187 | NS      | $122490.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                                                                                   | CUSIP: 47325RAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $198786.94    | 0.05%             | 2028-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ambev SA                                                                         | Ambev SA                                                                                                               | CUSIP: 000000000<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |     29200 | NS      | $79808.57     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| West Pharmaceutical Services Inc                                                 | West Pharmaceutical Services Inc                                                                                       | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |       955 | NS      | $224759.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp                                                                | Ares Capital Corp                                                                                                      | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | CORP              | US        |     44749 | NS      | $826514.03    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Bank Group Ltd                                                          | Standard Bank Group Ltd                                                                                                | CUSIP: 000000000<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |      9429 | NS      | $93112.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycor HCM Inc                                                                   | Paycor HCM Inc                                                                                                         | CUSIP: 70435P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8115 | NS      | $198574.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                                                           | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    495000 | PA      | $372507.30    | 0.09%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     33351 | NS      | $2801484.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                                                            | Schneider Electric SE                                                                                                  | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |      5032 | NS      | $704123.52    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                                                           | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   3800000 | PA      | $3651990.00   | 0.92%             | 2024-04-16      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | ISHARES MSCI EMERGING MARKETS                                                                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1027 | NC      | $-8729.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EASTERN MAINE HEALTHCARE                                                         | Eastern Maine Healthcare Systems                                                                                       | CUSIP: 276682AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $892109.09    | 0.22%             | 2036-07-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                                               | Royalty Pharma PLC                                                                                                     | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |      5184 | NS      | $204871.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan Trust                                              | New Residential Mortgage Loan Trust 2022-NQM1                                                                          | CUSIP: 64830JAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $1619696.50   | 0.41%             | 2061-04-25      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                                                      | CUSIP: 639057AD0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1073892.06   | 0.27%             | 2031-06-28      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Catalent Inc                                                                     | Catalent Inc                                                                                                           | CUSIP: 148806102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1155 | NS      | $51986.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Port Holdings Co Ltd                                             | China Merchants Port Holdings Co Ltd                                                                                   | CUSIP: 000000000<br>LEI: 529900GA4UH90FUOR048 | Long             | EC               | CORP              | HK        |     60000 | NS      | $87938.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                                                  | Fair Isaac Corp                                                                                                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       661 | NS      | $395661.38    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co                                                     | Reliance Steel & Aluminum Co                                                                                           | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      2684 | NS      | $543348.96    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                                                      | Hologic Inc                                                                                                            | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      3760 | NS      | $281285.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings Inc                                                       | Floor & Decor Holdings Inc                                                                                             | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |      5502 | NS      | $383104.26    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ASMPT Ltd                                                                        | ASMPT Ltd                                                                                                              | CUSIP: 000000000<br>LEI: 529900PYFA1HFYKPT360 | Long             | EC               | CORP              | KY        |      7700 | NS      | $54898.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                                           | US ULTRA BOND CBT MAR23                                                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -108 | NC      | $-32924.34    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                                                       | Samsung Electronics Co Ltd                                                                                             | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |      7198 | NS      | $288448.03    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                          | Bristol-Myers Squibb Co                                                                                                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     13314 | NS      | $957942.30    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Embassy Office Parks REIT                                                        | Embassy Office Parks REIT                                                                                              | CUSIP: 000000000<br>LEI: 335800O555A557E43Z08 | Long             | EC               |  | IN        |     31348 | NS      | $127335.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                                                              | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14688.90     | 0.00%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| China Resources Land Ltd                                                         | China Resources Land Ltd                                                                                               | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | KY        |     47050 | NS      | $215495.26    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                                                                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      9252 | NS      | $794284.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| QVC INC                                                                          | QVC Inc                                                                                                                | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    735000 | PA      | $520196.25    | 0.13%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                           | RUSSELL 2000 INDEX                                                                                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -15 | NC      | $-487.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                                                         | Pattern Energy Operations LP / Pattern Energy Operations Inc                                                           | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2174338.59   | 0.55%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| G-III APPAREL GROUP LTD                                                          | G-III Apparel Group Ltd                                                                                                | CUSIP: 36237HAA9<br>LEI: 529900O5KABM3R3SFM87 | Long             | DBT              | CORP              | US        |   1305000 | PA      | $1217175.48   | 0.31%             | 2025-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                             | Chart Industries Inc                                                                                                   | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    190000 | PA      | $191005.10    | 0.05%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                                                     | China Construction Bank Corp                                                                                           | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    193000 | NS      | $120911.67    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                                                   | ConocoPhillips                                                                                                         | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     10166 | NS      | $1199588.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS INC                                                                     | US Foods Inc                                                                                                           | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    460000 | PA      | $455185.22    | 0.11%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer